Sunday, August 19, 2012

Does Obama Realize Government Is Not A Business?

Published in The Tennessean, Sunday, August 19, 2012 and Forbes with archives

by Richard J. Grant

President Barack Obama is apparently something of a contrarian investor: He likes to invest against the market consensus.

Unfortunately for us, however, he tends to bring a somewhat regal attitude to his work and, when “investing” our money, has exhibited a reverse Midas touch. In this, he has already distinguished himself from his chief rival for the presidency, Gov. Mitt Romney.

Perhaps it is not a fair comparison. Government is not a business and cannot be run as if it were. But what the president needs to ...keep reading


Richard J. Grant is a Professor of Finance and Economics at Lipscomb University and a Senior Fellow at the Beacon Center of Tennessee. His column appears on Sundays. E-mail messages received at: rjg@richardjgrant.com



Copyright © Richard J Grant 2012

Sunday, August 12, 2012

Is There Such A Thing As Tax-Free?

Published in The Tennessean, Sunday, August 12, 2012 and Forbes with archives.

by Richard J. Grant

You don't have to pay federal income tax. There are several ways legally to avoid paying, but the catch is that they all entail doing things differently than you would have in the absence of such a tax.

When, during an election campaign, a candidate is accused of not having paid income taxes during some past period, the only relevant question is whether ... keep reading


Richard J. Grant is a Professor of Finance and Economics at Lipscomb University and a Senior Fellow at the Beacon Center of Tennessee. His column appears on Sundays. E-mail messages received at: rjg@richardjgrant.com


Copyright © Richard J Grant 2012

Sunday, August 05, 2012

'You Didn't Build That' - Except You Did

Published in The Tennessean, Sunday, August 5, 2012 and Forbes with archives.

by Richard J. Grant

President Barack Obama’s recent “you didn’t build that” monologue continues to trouble many people, and for good reason. Although the obvious political purpose of the speech was to diminish the past achievements of his electoral rival, Gov. Mitt Romney, the president managed to insult and diminish not only the achievements, but also the aspirations, of millions of other Americans.

But there was something missing from the president’s remarks. ... keep reading 

Richard J. Grant is a Professor of Finance and Economics at Lipscomb University and a Senior Fellow at the Beacon Center of Tennessee. His column appears on Sundays. E-mail messages received at: rjg@richardjgrant.com


Copyright © Richard J Grant 2012