Category: News and Politics
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Forecasting the presidential election
Accurate forecasting of the outcome of the upcoming presidential election is important for a number of business reasons. Forecasting is an important part of financial planning and tax planning, for example. Forecasting the outcome of the presidential race does not seem to be a difficult task at this point: “Most nonpartisan political analysts currently see the…
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Trump is absolutely right about banking regulation
When Bernie Sanders made big bank regulation the focus of his campaign platform, this point became the sharpest distinction between him and Democratic rival Hillary Clinton. Clinton has a long history of big bank support despite the strong evidence that these powerful special interests are hurting innovation, job growth and small businesses across America, We…
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New study give insights to ‘Upper Middle Class’
A new study released last month by Urban Institute titled “The Growing Size and Incomes of the Upper Middle Class” by Stephen J. Rose investigates shifts in household income in the United States. The most obvious conclusion is that the portion of Rich and Middle Upper class households have grown sharply over the past 25 years while…
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Merck lays off peers in Montco
One of the most respected employers in my community announced that it is closing its research facility and laying off 360 workers. Merck was a highly favorite employer among my Delaware Valley University undergraduate classmates and Temple University grad school peers. At one time I knew many who worked at Merck’s North Wales plant.…
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Low interest rate news boosts stock prices
Seldom has the stock market been so easy to predict. But it will become fully valued and performance will change quickly, as it always does.
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Delaware passes crowdfunding law
Delaware is the state of organization of many small business organizations including most of my clients. Yesterday Delaware joined 34 other states in passage of legislation that makes use of more liberal federal crowdfunding rules for small business equity financing. The new state law recognizes the provisions of federal law under the JOBS act. I’ve…
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A reflective look at my own views on gun rights
Like most Americans, I am drawn into this national debate on gun rights and gun culture. Unlike many people whose opinions I learn about through the news or social media, I do not have strong pre-formed opinions on the topic. I recently considered whether it might be smart to have a gun for protection…
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Scientists to Congress: Strongly Worded Letter About Climate Change
A reprint of an important letter to Congress: June 28, 2016 Dear Members of Congress, We, as leaders of major scientific organizations, write to remind you of the consensus scientific view of climate change. Observations throughout the world make it clear that climate change is occurring, and rigorous scientific research concludes that the greenhouse gases…
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Bala Cynwyd investment scam hits close to home
Hardly a week goes by that I don’t read about some homeowner being defrauded by an unscrupulous building contractor or an elderly person being lured into an investment scam. I’ve written and talked about dozens of such schemes over the past three decades. Yet year after year the stories keep coming. The latest incident occurs…