Articles by Steven Selengut

The KISS Principle

Over the past 30 years Federal Tax receipts (Corporate, Personal, Estate, Excise, Gift, Social Security, Medicare, Medicaid, et al) have averaged less than 20% of Gross Domestic Product (GDP). Read that again, and don't think for a minute that it's not a large numb Read More

How to Create a Fairer Tax Environment

Can lawmakers who don't have the courage or intelligence to outlaw texting while driving really be expected to create a saner tax structure? Hmmm.Developing a fairer tax environment is much less an economics problem than it is a political dilemma... Read More

How to Create More Jobs, America

My recent survey produced a variety of ideas, but most of them had these common elements: replace the Internal Revenue Code with a simpler model, encourage businesses to increase employment, and insist upon tort reform everywhere. It also brought two... Read More

Health Care Reform or Welfare Program: Who Pays the Bill?

The White House has released another of its health care reform clarification emails--- there will be more. It seems strange to me that the focus is on insurance coverage rather than on the spiraling costs of health care itself. Frankly,... Read More

Stock Market Corrections Are Beautiful -- and Necessary

Every correction is the same, a normal downturn in one or more of the markets where we invest. There has never been a correction that has not proven to be an investment opportunity. You can be confident that governments around... Read More

The Investment Gods Are Angry

The Working Capital Model (WCM) is an historically new methodology, but with roots deeply imbedded in the building blocks of capitalism, and financial psychology--- if there actually is such a thing. The earliest forms of capitalism sprung from ancient Roman... Read More

Wall Street Bailout, Congressional Cover-up, or Sarbanes-Oxley?

Every new controversy demands a look at similar situations of the past. Just what is a bailout anyway? In the early 80's, Lee Iacocca arranged a government loan and tax concessions to bring Chrysler Corporation back from the brink of... Read More

Stock Market Meltdown - Watching Rome Burn

Both presidential candidates want to crucify SEC Chairman Cox for failing to control our creative financial institutions. But rumor has it that Congress specifically excluded the devilish derivatives from SEC purview. Let's fire the right bunch of "poips" for a... Read More

Loving Corrections

During every correction, I encourage investors to avoid the destructive inertia that results from trying to determine: how low can we go; how long will this last? Investors who add to their portfolios during downturns invariably experience higher Market Values... Read More

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