This could be serious. It’s about the Administration’s push for lenders to forgive portions of mortgages in an effort to staunch the economic hemorrhage. Has anybody asked IRS if the forgiven amount is taxable? Many such actions are. Bam, you get a 1099C and have to pay taxes. The out? If you are not solvent, no taxes owed. Worth the cure?
This could be even more serious. England has several hundred researchers in the think tank community, the European research community numbers are in the low thousands and the U.S. counts maybe 10,000 smart people scratching around. Here’s the serious part – in just one research facility in China, there are 4,000 researchers turning over rocks. And there are many Chinese institutions with many, many researchers. China is rejoining the world with breathtaking speed. And on many levels including monetary and military. If their one-party state survives, this research class will likely design a model to compete with the western model for the highest stakes ever -- the rest of the world. Serious consequences lie ahead.
Let me tell you a question: what’s wrong with holding primaries on the same date throughout America? The current patchwork of elections and caucuses staggered throughout the calendar is confusing and very expensive. (Super delegate is not to be found anywhere in the constitution.) Of course the political class, the consultants, the media outlets, charter jet companies and Krispy Kreme would be out a lot of money. But so what?