The IRS Rewards Corporations For Not Being American

Abu Daoud challenged me on the whole business of people and businesses fleeing the UK on account of rising taxation.  I answered that, but now on this side of the pond we have this: Code Section 162(m) limits the deduction for compensation paid to certain highly paid employees of publicly held corporations to $1 million …

Capital Flight: The UK Leads the Way

Being the darling of America's elites will probably not be much of a warning to us about this: The British budget last Wednesday did very little to rectify that country's yawning fiscal deficit, but what little it did was almost entirely at the expense of the country's high-income earners, those making over 150,000 pounds (US$210,000). …

Islam vs. the Atheists: The New Competition

The juxtaposition of two posts deserves note. First, this one from Abu Daoud about Our Islamic Future (it's the YouTube video below): The second comes from the New York Times (HT to Titusonenine): More than ever, America’s atheists are linking up and speaking out — even here in South Carolina, home to Bob Jones University, …

Forrest Mims, Creationist, Featured in True Maroon

The current edition of True Maroon, an online magazine for and about Aggies, features a piece (in video and text) on Forrest Mims III '66, science writer and researcher. In November 2008, Discover magazine named him one of the "50 Best Brains in Science." But all was not so rosy for Mims.  As the text …

Book Review:J.I. Packer’s Affirming the Apostles’ Creed

J.I. Packer is one of the most eminent writers and theologians in the Anglican world.  His claim to fame was sealed by his being defrocked by Michael Ingham, the revisionist Bishop of New Westminster whose sanctioning of same-sex blessings predates the American's ordination of V. Gene Robinson.   It's one of those things that, if he …

Barack Obama: Let the Show Trials Begin

This speaks for itself: (You'll need to get about 4 1/2 minutes into the video to get to that particular question and response.) I've been predicting this kind of thing since before the election.  I've also observed that, as President, Barack Obama is caught in the middle on this.  As a liberal, putting these people …

A Fistful of Yuan Takes a Step Closer to Reality for Everyone

In putting together my series on doing business in China in the early 1980's, I adopted the title A Fistful of Yuan, turning a business tale into a spaghetti Western (or, more properly, an Eastern.) Well, it looks like the Chinese are working up towards making the yuan a real hard currency, as this indicates: …

Civil Marriage: Let’s Take This to the Next Level, Gene

Bishop of New Hampshire V. Gene Robinson is at it again: The first openly gay Episcopal bishop told a Los Angeles gathering yesterday that the church should begin mending divisions over the issue of same-sex marriage by getting out of the civil marriage business altogether. During a visit to St. Michael and All Angels Church, …

David Martin’s Preface to the New Testament

One cannot be happy without knowing God, and one can only know him well by the divine Scriptures. The world is, in truth, like a great open book where one can see the brilliant handiwork of an infinite power and a wisdom worthy of worship.  The heavens declare, said the Prophet King, the glory of …

State Secrets: Maybe It’s a Setback for the Obama Administration, and Maybe It Isn’t

The Atlantic tells us that a recent court decision in California is a setback for the Obama Administration: The Obama administration suffered a bit of a legal setback this afternoon: a federal judge in California rejected the administration's assertion of the state secrets privilege in the civil suit brought by an Islamic charity that was …

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