Mar 03

New Health Care Insurance & Your Doctor

I was talking with a client of mine the other day and he shared with me something pretty interesting about the medical profession. He told me that if I had a great doctor I should chain him to my garage now and he is likely right.

Regardless of the opinion you have on the new health care act no one seems to have given a lot of thought as to who will provide care for all of the new individuals that will be covered by this health care act (let alone how this will really be paid for).

There was a great article in the Parade Magazine today about a small town country doctor (what a great individual this must be). In the same article a projection is cited by the American Medical Colleges, that the U.S. will be short 45,000 primary doctors by 2020.

I now better understand my client’s comment. I have a great doctor but he is in a lot better shape than I am. I guess I better get back to exercising and buy some chain……

Jan 08

Congress – Are You Kidding?

Here we are already into a new year and the dysfunction in Washington D.C. continues. Congress passed  tax legislation in 2013 containing 2012 provisions. This makes tax planning difficult. My New Year’s toast to this incompetence (both parties) is taken from the cover of a recent Business Week.

Jun 12

Government Enables Financial Irresponsibility

I read a recent article from Bloomberg’s Business Week about the residential real estate problems in Las Vegas entitled “Foreclosure Hits Las Vegas’s High End”.

Residential real estate valuations have been rapidly dropping and home owners (even those who can afford to continue to make the payments) are letting their houses go. Some enter short sales, others just move out regardless of their ability to pay their mortgage and let the banks foreclose. Should this be allowed without repercussions for those who can still afford their home? Continue reading

May 08

Complexity & Competitiveness

Business is now conducted on a global basis and we have a number of emerging markets competing for the business that used to be spread between just a few world powers. In order for U.S. businesses to remain competitive with other businesses including those from emerging markets, we need to be as efficient as possible.

Our tax system and legal system are a major hindrance riddled with undue complexity, unfairness, and inefficiency. Our tax and legal systems are a major drag on our competitiveness and must be reformed. Continue reading