Current Commentary: Nut Jobs with Guns By Larry M. Elkin, CPA, CFP®

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A nut job with a gun shot Rep. Gabrielle Giffords and 19 other people on Saturday, killing six and leaving Giffords, a moderate Democrat who represents a Republican-leaning Arizona district, clinging to life after brain surgery.

eHeziCurrent Commentary: Nut Jobs with Guns By Larry M. Elkin, CPA, CFP®

Current Commentary: The Economic Fujiwara By Larry M. Elkin, CPA, CFP®

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The dollar is up against the euro. No, the dollar is down against the euro. Now it’s up again. Until it goes down. Meteorologists have a term, the “Fujiwara effect,” to describe the interaction of two storms in close proximity. In the Northern hemisphere, wind blows counterclockwise around centers of low pressure. When two lows “dance the Fujiwara,” as some …

eHeziCurrent Commentary: The Economic Fujiwara By Larry M. Elkin, CPA, CFP®

Current Commentary: Burying A Big-Ticket Tunnel BY Larry M. Elkin, CPA, CFP®

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Big civil engineering projects, like big military weapons systems, are notoriously hard to kill, even when their costs spiral to levels that eclipse their expected benefits. But you can’t blame a guy for trying, right? The Access to the Region’s Core (ARC) tunnel would have stretched under the Hudson River, carrying rail commuters from New Jersey to midtown Manhattan. It …

eHeziCurrent Commentary: Burying A Big-Ticket Tunnel BY Larry M. Elkin, CPA, CFP®

Current Commentary: What Playing Gotcha Can Getcha BY Larry M. Elkin, CPA, CFP®

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Banks, credit card companies and other financial services firms made an art of snaring customers in loopholes and walloping them with fine print. Now they’re learning that playing “gotcha” can getcha in the end. The credit card companies, with their love of misleading semantics, ought to have been the first to applaud the linguistic dodge by which President Obama sidestepped …

eHeziCurrent Commentary: What Playing Gotcha Can Getcha BY Larry M. Elkin, CPA, CFP®

Current Commentary: Calling For Common Sense On Cell Phone Taxes BY Larry M. Elkin, CPA, CFP®

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We have more than 20 employees here at Palisades Hudson, each of whom has a telephone on his or her desk and a life outside the office. If someone makes a personal phone call to check on the kids or to find out what to bring home for dinner, I don’t care. Neither does the Internal Revenue Service. Even though …

eHeziCurrent Commentary: Calling For Common Sense On Cell Phone Taxes BY Larry M. Elkin, CPA, CFP®

Current Commentary: Call It The ‘Universal Slush Fund’ BY Larry M. Elkin, CPA, CFP®

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The Universal Service Fund is a $7 billion federal program in search of a purpose. Politicians and lawmakers don’t know exactly what they want to do with the money they collect from millions of American telephone bills every year, but they know one thing: They don’t want to stop collecting it. So they are bound and determined to find something to do …

eHeziCurrent Commentary: Call It The ‘Universal Slush Fund’ BY Larry M. Elkin, CPA, CFP®

Current Commentary: SEC Lets Shareholders Act Like Owners – To A Point BY Larry M. Elkin, CPA, CFP®

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A new rule that gives public company shareholders the power to nominate their own directors is not going to turn boardrooms into union halls, nor is it going to revolutionize corporate governance. A best-case scenario is that making directors more accountable to shareholders will finally put a brake on senior-executive compensation, which has spiraled out of control for two decades. …

eHeziCurrent Commentary: SEC Lets Shareholders Act Like Owners – To A Point BY Larry M. Elkin, CPA, CFP®

Current commentary: A Prosecutor Crosses The Line BY Larry M. Elkin, CPA, CFP®

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The justice system is supposed to protect crime victims. Occasionally, however, prosecutors’ power leads them astray. Kenneth Kratz, the district attorney for Calumet County, Wisconsin, sent repeated texts to a young woman whose boyfriend he was prosecuting for allegedly trying to choke her to death. The texts included propositions and inappropriate comments such as “Have u ever been spoiled by someone? I …

eHeziCurrent commentary: A Prosecutor Crosses The Line BY Larry M. Elkin, CPA, CFP®

Current Commentary: Human Flags at the Top of the World BY Larry M. Elkin, CPA, CFP®

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The town of Grise Fiord on Ellesmere Island in Nunavut, Canada, has temperatures below freezing nearly all year. Its Inuit name, Aujuittuq, means “place that never thaws.” But, for around 150 people, Grise Fiord is home.

eHeziCurrent Commentary: Human Flags at the Top of the World BY Larry M. Elkin, CPA, CFP®

Current Commentary: Keeping College Debt Under Control BY Larry M. Elkin, CPA, CFP®

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In good times, and especially in bad, college graduates tend to earn more money than their less-educated peers, and they have less trouble getting and keeping jobs. But does this mean that any college, at any price, is a sound financial investment? No, it does not.

eHeziCurrent Commentary: Keeping College Debt Under Control BY Larry M. Elkin, CPA, CFP®