Thursday, July 29, 2010

Capitol Hill

The new Washington takeover of Main Street

June 1, 2010 · Leave a Comment 

The so-called financial regulation bill passed out of the Senate this past month throws a big wet blanket on the American entrepreneurial system, the real creator of most new jobs. It was supposed to rein in Wall Street, but instead is just another Washington takeover — this time of Main Street — making it harder for plumbers, dentists, community banks, auto dealers and credit unions to do business. Instead of dealing with the high jinks of big Wall Street banks, the bill is going to take over Main Street lending and on top of it create a new czar to make decisions about millions of Main Street... [Read the full story]

Legal Briefs

Tag, you (employers) are it!

June 1, 2010 · Leave a Comment 

For those of you who remember playing the childhood game of Tag, you might feel like you’ve just been “tagged” under the U. S. Department of Labor’s (DOL) new “Plan/Prevent/Protect” strategy. This new strategy is outlined in DOL’s Spring 2010 Regulatory Agenda and seeks to place increased responsibility on employers to take steps to ensure compliance with the laws and regulations enforced by DOL. According to DOL statements on this strategy, Plan/Prevent/Protect is aimed at those employers who have not taken the necessary steps to ensure compliance. DOL states its recognition that... [Read the full story]

Your Financial Planning

If the recession is over, then what’s next?

June 1, 2010 · Leave a Comment 

Many economists and government representatives tell us the recession has ended. An official declaration based on economic statistics may be months away. And, while individuals vary in their predictions, there is a general expectation that the economic environment will gradually improve over time. As we encounter more signs of vitality — increased hustle and bustle in stores; fewer For Sale signs on your block; and, eventually, an upswing in employment rates — what’s the best way to react? Should we return to “business as usual,” or should we use the experience of the recession to guide... [Read the full story]

Opinion / Editorials

Zach Wamp and the race for governor

July 27, 2010 · Leave a Comment 

I have known Zach Wamp for almost half of my life, and while I have had little contact with him since moving from Chattanooga in 1995, nonetheless I am not surprised that he became an effective member of Congress. In fact, after his election in 1994, I predicted that he would handily win elections until he chose to do something else. In my thinking, that “something else” always was running for the U.S. Senate, not governor of Tennessee. It generally is a more natural move to go from a U.S. Representative to the Senate, although in 1994, Don Sundquist made the move that Wamp wants to do, winning... [Read the full story]

Zach Wamp and the race for governor

I have known Zach Wamp for almost half of my life, and while I have had little contact with him since moving from Chattanooga in 1995, nonetheless I am not surprised that he became an effective member of Congress. In fact, after his election in 1994, I predicted that he would handily win elections until he chose to do something else. In my thinking,... Read more of this article

Talking About Tennessee

The new Washington takeover of Main Street

The so-called financial regulation bill passed out of the Senate this past month... 

More Posts From Talking About Tennessee

Your Financial Planning

If the recession is over, then what’s next?

Many economists and government representatives tell us the recession has ended. ... 

More Posts From Your Financial Planning