Americans punch the clock on the Time Use Survey

Stocks were listless today after a pair of economic releases indicated a manufacturing slowdown in the U.S. and China.

View original –

Americans punch the clock on the Time Use Survey

Should we spend money on experiences or things?

What was the first concert you ever went to? I’ll bet you don’t have to think very long – and neither do I. I went to see James Taylor play at a theater in Pittsburgh with my best friend Susan Rosenberg. Yes, I was one of those girls – and so was she – who at 14 or 15 not only knew every word to You’ve Got A Friend

From:

Should we spend money on experiences or things?

A tax or not a tax, that is the question

 

~ Under the Affordable Care Act (ACA), individuals who choose not to buy health insurance in 2014 or after will need to make a “shared responsibility payment,” which is called a “penalty” in the ACA.

~ While I agree with most of the Court’s holdings, I do not agree with the finding that the penalty is a tax and is therefore constitutional.

 
~ In my opinion, the Supreme Court’s ruling on the ACA is unfortunate, as it could legitimize less transparency in legislating rather than more…. Continue at source:

A tax or not a tax, that is the question

Bank of America Announces Support for Colorado Wildfires Relief Efforts

DENVER–(BUSINESS WIRE)–Jul. 2, 2012– Bank of America today announced a $25,000 commitment to the American Red Cross Mile High Region to aid victims of the wildfires sweeping across parts of Colorado. The Waldo Canyon fire alone has already destroyed nearly 350 homes and forced the evacuation of 35,000 people, surpassing the 257 homes damaged recently by another wildfire near Fort Collins…. More:

Bank of America Announces Support for Colorado Wildfires Relief Efforts

Health care reform and the impact for the municipal investor

On Thursday, the Supreme Court voted to uphold the 2010 legislation for health care reform signed by President Obama. Many other news outlets are weighing in on the impact of the law on society and politics, but we thought it may be useful to provide a high level update for what it means to a municipal bond investor.

Continue reading:

Health care reform and the impact for the municipal investor