Pearl Anniversary

Today the captivating Mrs. Boomerjeff and I celebrate the first 30 years of a truly blessed marriage.  Through good times and tough times we’ve enjoyed the special blessing of a marriage dedicated to God.  We have shared everything, including our own business.  She is my best friend, my lover, my confidant, my wise adviser in […]

First Quarter GDP Downgraded

The Commerce Department just downgraded America’s GDP growth during the first quarter of this year from the anemic 2.5% initially reported back in April to an alarmingly low 1.8%.  For context consider that average quarterly GDP growth during all non-recession periods from 1947 when quarterly GDP reporting began, through  2007 was 4.4%.  The chart below […]

Let’s Clear Away the Fog Over IRS Scandal

Most of the media have misrepresented the IRS harassment of Tea Party and Conservative organizations as either innocent mistakes or deserved scrutiny of shadowy groups with suspicious motives.  But a review of  the documented experience of these groups leads to the inescapable conclusion that it was deliberate, politically motivated intimidation. Non-profit organization are tax exempt.  […]

Hidden Context Around Headline Job Numbers

The Labor Department announced that employers created 175,000 jobs in May.  Alan Kruger, Chairman of the President’s Council of economic Advisers, gave us the White House’s upbeat spin: Today’s report from the Bureau of Labor Statistics indicates that private sector businesses added 178,000 jobs last month. Total non-farm payroll employment rose by 175,000 jobs in […]

IRS “Low Level Employees” Push Back

The IRS scandal was launched on May 10 by Lois Lerner, Director of the IRS Exempt Organizations Division, as she spoke to a meeting of the American Bar Association.  In her answer to an audience question that she had planted, she said that “our line people in Cincinnati,” had demanded answers to invasive, offensive questions and […]