Category Archives: Articles

Irreverent, entertaining, incisive articles on a variety of accounting and tax subjects.

Is Obama too focused on Wall Street? Wall Street: is it really worth it for Obama to woo Wall Street? Does Obama need Wall Street Fat Cats to win in 2012? Cenk Uygur MSNBC TV June 13, 2011 the Power Panel.

Cenk Uygur is joined by a panel of guests to discuss the top political stories of the day including whether President Obama is wasting his time trying to curry favor with Wall Street fat cats. Continue reading

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Job creation versus spending cuts. Wanted: jobs not cuts. Economists: forget cuts, spend to solve job crisis. Cenk Uygur MSNBC TV June 13, 2011 video and transcript with Robert Reich.

Robert Reich, former Clinton Labor Secretary, talks with Cenk Uygur about how investment spending creates jobs and why cuts and austerity actually hurt the jobs market. Continue reading

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ABC This Week’s Economic Panel: Jobless Recovery. The Barefoot Accountant’s commentary, analysis, and response.

On ABC’s “This Week”, Robert Reich and Senator Shelby argued about the way to create jobs. Reich argued that a massive jobs bill, comparable to that of the Great Depression’s WPA, is needed to haul us out of this jobless economy; whereas Senator Shelby argues for further tax reductions on the rich and corporations, advocating voodoo economics of how if we give the cake to the rich, they will give us crumbs. Continue reading

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Economic Panel: Jobless Recovery? ABC News This Week June 12, 2011 Video and Transcript

ABC News “This Week” featured Sen. Richard Shelby, Robert Reich, Jonathan Karl on its round table today, June 12, 2011. This Economic Panel discussed our Jobless Recovery, pitting Senator Richard Shelby’s view of more tax breaks on the rich to create jobs against Former Labor Secretary Robert Reich’s view of a significant government jobs bill, comparable to the WPA. Continue reading

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American Jobs Matter Act reintroduced by Connecticut Congressman Chris Murphy fails by four votes. Republicans vote down another jobs bill.

Two weeks ago Chris Murphy’s American Jobs Matter Act – landmark legislation that would steer more federal contracts to American manufacturers and away from foreign companies – failed by just four votes while attracting the support of virtually every Democrat and 25 Republicans. Republicans vote down another jobs bill. Continue reading

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The Power Panel on President Obama, Democrats and Republicans regarding the national deficit cutting, jobs, and medicare. Cenk Uygur MSNBC TV June 9, 2011 video and transcript

The Power Panel on Cenk Uygur MSNBC TV on June 9, 2011: BILL PRESS, RADIO TALK SHOW HOST, HEIDI HARRIS, RADIO TALK SHOW HOST, CHRISTINA BELLANTONI, CQ ROLL CALL, join Cenk Uygur on how Obama, Democrats and Republicans will approach deficit cutting, jobs, and medicare over the next year and a half. Continue reading

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Americans need jobs. Rebuild the dream. Cenk Uygur MSNBC TV June 8, 2011 video and transcript

Economist Jared Berstein explains how America can “rebuild the dream.” Continue reading

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The Bush tax cuts: a decade of disaster. Ed Schultz Show MSNBC TV June 7, 2011

Ten years later, Ed Schultz looks at what America’s economy could have been without the Bush tax cuts. Continue reading

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Ye Gods, another bad experience with Intuit’s ProSeries tax software!

Do you think that Intuit’s ProSeries tax software sucks, too? Do you think Intuit over-charges its tax preparers and accountants for their products? Are you looking for other tax and accounting software from a company that is more friendly and appreciative to its customers and biggest source of clients? Continue reading

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US faces mounting debt. The right gets it wrong. Chris Matthews’ “Hardball” June 7, 2011 video and transcript

According to the Economic Policy Institute, a decade of Bush tax cuts has contributed to about $2.6 trillion of the country’s debt. Democratic Representative Jan Schakowsky from Illinois discusses a more progressive tax structure for middle class Americans. Continue reading

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