Wagner's MBA Law of Tax Cuts

Wagner's MBA Law of Tax Cuts: The essence of the tax cut argument is about whether the "cut" goes into spending activities that have the largest multiplier in the economy; that is, how many times does the money turnover in the economy and what was created when the money changed hands. It is really difficult to estimate the multiplier but if more money is in the hands of people who hire other people (trickle down?), that trims one level of indirection, because consumers only buy things and don't hire people directly (trickle sideways?). There is a bit of semantic problem with the term "tax cut", because tax levies are fiscally year by year, so the government allowing the taxpayer to keep the money that was already their's in the first place is not really a cut, but just taking less of some that isn't yours. Now you know more than most politicians knows about the U.S. Economy.

Wagner's MBA Restatement of Hise's Law of Election Outcome Maximization

Wagner's MBA Restatement of Hise's Law of Election Outcome Maximization. My Uncle Joe (Billy Jose Hise) said that if you don't know which candidate or ballot proposition to vote for, should vote against the person holding the office and against any law that raises taxes. I think he meant that if you don't know what or whom you are voting for, you should not give an incumbent a new term or approve of a law that expands government. Something to think about...

Wagner's MBA Law of Religious Interpretation. Religions that teach adherents to hate and kill everybody except those who practice the religion are a huge hassle for everybody, and should be avoided on prima facie disutility

Wagner's 2nd MBA Law of Presidential Elections

Wagner's 2nd MBA Law of Presidential Elections: So I'm stuck with President Obama "trying" to "fix" the economy for 4 more years? But do I have do listen to Jabbering Vice President Joe Biden? 4 more years?

Wagner's MBA Law of Company Newsletters

Wagner's MBA Law of Company Newsletters: any important news has already been distributed by other means of communication and if you are reading it for the first time in the newsletter, then, Friend, you are really not knowledgeable about current events...

Newt Gingrich can't be elected President!

Could Newt Gingrich win the U.S. Presidency? No. The best looking presidential candidate always seems to be elected. The lady who reads the newspaper at Starbucks each morning vetted my theory of the best looking president; Truman vs. Dewey in 1948 and Ford vs. Carter in 1976 are the only exceptions over the last 60 years that we could identify... In the era of TV, multimedia, social media, and the web, it seems difficult for an ordinary looking person to win the U.S. Presidency. Without getting into a political debate with you, I wanted to point out that the most "photogenic" presidential candidate, who can generally articulate a vision and discuss the relevant issues, seems to win. The choice for the VP running mate doesn't seem to add much to the ticket, but an unattractive or inexperienced candidate possibly could detract from ticket. Of course, Wagner’s Law of the Best Looking President doesn't mean that the election doesn't matter; I'm just saying that a better looking incumbent has, historically speaking, nearly always has been invincible. Perhaps Obama has already won in 2012?

How to Profit from High Gold Prices

Below is an article published in April 2008 on high gold prices with which I couldn't agree more. Of course, the price of gold has risen substantially since April 2008, but the article reiterates the point that the volatility of gold prices remain a constant worry to small gold investors. In sum, this is a great time to sell gold in the form of old jewelry and current gold investments, or it is a good time to purchase stock in mining companies that bring new gold to market. However, as Wharton finance professor Jeremy Siegel stated in the article, "I don't think it [gold] has any place in a long-term portfolio."

Source: http://knowledge.wharton.upenn.edu/article.cfm?articleid=1946