Day October 18, 2007

No Three Strikes in Connecticut

Connecticut prisons are already filled to way beyond capacity. The governor, in response to a horrific home invasion, just revoked parole for violent offenders, something which will just make them even more crowded. Unlike California, prison officials and the guards…

More reasons why housing prices may drop

Bush’s tax cuts included a provision that dropped the lowest capital gains tax rate for 2008-2010. If you’re below the 25% tax bracket, for three years the capital gains tax drops to zero!Imagine having an appreciated asset, like a rental…

Cutting emissions. A group task

The CEO of NRG Energy says his company is willing to reduce emissions, but only if all the other power companies do the same, else they’d take a financial risk for doing so – which seems a Capitalist Dilemma indeed…