What can we say about the economic policy prescriptions proposed by the president in Wednesday night’s state of the union address? Unfortunately, they fail to inspire confidence. The president proposed a new tax credit for small businesses who hire new… Continue Reading
While Houston may succeed, it may also crumble under a mountain of public pension debt that then-Mayor Bill White and then-Controller Annise Parker, now our new mayor, have failed to control in what basically amounts to a massive shell game.… Continue Reading
I recently wrote an op-ed for the Houston Chronicle discussing the underfunding of the police, fire and municipal employee pensions. This is a critical issue and every mayoral candidate should address how they would solve this problem. In fact, they… Continue Reading
The Troubled Asset Relief Program (TARP) was enacted on Oct. 3, 2008. At the time, we were assured (by then-U.S. Secretary of Treasury Henry Paulson) that TARP was an investment, not a bailout, and that there was no need to… Continue Reading