Join Jim and Greg as they cheer the failure of the Neera Tanden nomination for the Office of Management and Budget. They also welcome strong vaccination numbers in Texas, which makes Gov. Abbott’s decision to open the state 100 percent a pretty safe move. They also welcome the notion of allowing people to make their own decisions. And they cringe as the number of newborns in the U.S. after nine months of the pandemic were disturbingly low.

Join Jim and Greg as they welcome the news that West Virginia Democrat Joe Manchin is opposing the nomination of Neera Tanden, President Biden’s choice for budget director, and two of the most moderate Republicans are already saying they’re voting against her as well. They also hammer California Democrat Ro Khanna, after the congressman says he doesn’t want small businesses that cannot afford to pay $15 per hour. And they follow the insane evolution of “the experts,” who are now saying that you will need to wear a mask long after the bulk of the population has been vaccinated.

In Latest Facebook Scandal, Sheryl Sandberg Leans Backward

 

Sheryl Sandberg of Facebook is in the news again, this time facing allegations in a lawsuit that she knew the company was overestimating and misrepresenting its projected advertising numbers — and failed to disclose that fact to clients for years.

It’s amazing the downward trajectory Sandberg’s reputation has taken in just a few years. Here in Silicon Valley, she was initially seen as supremely competent, the real architect of Facebook’s explosive success, and — most of all — the lone adult at the company who kept Mark Zuckerberg in check. Then, in 2013, she published Lean In and became a national phenomenon, the heroine and role model to millions of young women struggling to make it in the business world. There seemed no limit to her career; there were even whispers of her becoming the first woman POTUS.

But then, especially after her Congressional testimony and some other comments that made her sound less like a paragon of character and more just a shill for her company, the attitude in tech was modified to: “Well, she’s just doing what she has to do in her job. But she’s still a person of character.” You know, kind of like a mob lawyer: defending bad behavior, but not participating in it.

Host Joe Selvaggi talks with Pioneer Institute’s Andrew Mikula about his recent research into migration trends of high-income individuals, how pandemic-related technologies may accelerate that movement, and what challenges these changes present for policy makers.

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Host Joe Selvaggi talks with Connecticut Business and Industry Association’s President and CEO, Chris DiPentima, about what policy makers can learn from Connecticut’s journey from the wealthiest state in the nation, to one with more than a decade of negative job growth.

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Nottingham Forest Is Infested With Hedges

 

My favorite Robin Hood film is still the classic film featuring Errol Flynn. Although I don’t remember seeing the scene depicting Robin selling information to the Sheriff of Nottingham.

One of the allegations being made in the GameStop stock run-up is that those running the Robinhood app were selling members’ trading information to the big traders.

Now there’s been a lot of howling from the hedge fund professionals. I find it amusing that those that have two yachts are now worried about the little traders. What is not so amusing is the question of how much leverage was used to stop the trading of Game Stop stock.

Join Jim and Greg as they welcome New York officials getting closer to the truth about nursing home deaths from COVID and how much Gov. Cuomo tried to cover up the numbers. They also hammer John Kerry and the Biden administration for smugly insisting that lots of energy industry workers will lose jobs but the green energy jobs will be even better. And while admitting limited knowledge of Wall Street, they discuss the GameStop trading chaos and the interesting political reaction to it.

Host Joe Selvaggi talks with Massachusetts Restaurant Association President and CEO Bob Luz about the devastating effects of the pandemic and lockdowns on restaurants. They discuss the industry’s creative strategy for survival, plans for reaching beyond the crisis, and the many positive improvements for this vital sector that employs 10% of the workforce in the commonwealth.

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As the Biden administration officially begins, join Jim and Greg as they cheer the U.S. for declaring a Chinese genocide against the Uighurs on President Trump’s final day in office. They also groan as Biden plans an economic policy around issues like race, gender equality and climate change rather than traditional metrics. And they’re surprised to see Democrats predict a COVID relief bill being delayed until March, although given what’s likely to be in it, we’re in no hurry to see much of it become law.

Host Joe Selvaggi talks with Stanford University Economics Professor Joshua Rauh about his research on the reaction of Californians to a tax increase, from his report, “The Behavioral Response to State Income Taxation of High Earners, Evidence from California.” Prof. Rauh shares how his research offers tax policy makers insight into the likely effects of similar increases in their own states, including here in Massachusetts.

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Member Post

 

This is the next step of cancel culture. I assume that a lawsuit could pay off big time against these jackasses. Do we want to discourage people from working for a Republican administration. https://menrec.com/forbes-warns-companies-not-to-hire-trump-associates-or-theyll-assume-everything-the-company-says-is-a-lie/ Preview Open

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Join Jim and Greg as they welcome the CDC loosening rules on who can get the coronavirus vaccines. They also wade into the big tech crackdown on President Trump, Parler, and others, and discuss what free speech is and is not. And they roll their eyes as the media are now on day three of Kamala Harris being upset with the photo used of her on the cover of Vogue.

Gene Marks, President of the Marks Group PC and writer for outlets like The Guardian and The Hill, joins Carol Roth to discuss the state of small business coming out of 2020 into 2021. Gene and Carol break down Trump’s business legacy and what might be in store in the new administration. Plus, some great tax tips and breaks of which you may not be aware. 

Plus, a “Now You Know” on how to hack getting on the train at Penn Station.

I HATE Customer Service Phone Trees

 

Okay, I should add a qualifier: I hate customer service phone trees with no option to talk to a real person.

I spent about half-an-hour online (none of the options fit), then on the phone, with FedEx trying to get some information on a recent problem. The problem? For the last four FedEx deliveries, the driver left our package on the ground by our mailbox instead of bringing it up to our house. Our mailbox (as well as our neighbors’) are on the common driveway right off the main road. It’s also a quarter-mile from the house and not visible. In other words, packages left by our mailboxes are easy targets for thieves. FedEx used to bring them to the house, and UPS always has.

Julio Gonzales, CEO of Engineered Tax Services and national tax expert who helped advise on the 2017 Tax Cuts and Jobs Act joins Carol Roth to discuss the fallout on small business and the economy from 2020 and what to expect under a Biden administration. Julio and Carol also discuss some surprise places where individuals and business owners can turn for financial assistance, and the importance of advocating for yourself with your elected officials. 

Plus, a “Now You Know” on an underused tax break.

Joe Selvaggi talks with John Regan, President and CEO of Associated Industries of Massachusetts, about the impact of higher UI rates on employers and what legislators can do to help mitigate the pain.

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Happy New Year! Join Jim and Greg as they cheer the government making the right choice to void a major penalty for distilleries that produced hand sanitizer to meet demand in the early months of the pandemic. They also discuss President Trump’s phone call with Georgia Secretary of State Brad Raffensperger, in which Trump said Georgia officials had not done enough to investigate voting irregularities and said he needed to find nearly 12,000 votes. And they have fun with the total lunacy of House Democrats removing gendered language and Rep. Emanuel Cleaver ending his open prayer of the new session by saying “Amen and A woman.”

Happy New Year! Jim and Greg conclude the Three Martini Lunch Award season by announcing their choices for person of the year and turncoat of the year. They also make very different predictions about 2021.

We hope you had a wonderful Christmas and we’re glad to have you back as we return to our prestigious Three Martini Lunch Awards. Today, Jim and Greg discuss the worst scandals of 2020, which Jim choosing an international mess and Greg opting for a domestic one. Next, we sift through a ton of possibilities for the best and worst political theater of 2020.

Join Jim and Greg as they fume over the obscene process by which Congress shoveled a lot of wasteful spending into the combined omnibus and COVID relief spending bill that will do some good for small businesses. But while disgusted with the process, they are excited about the doubled tax deduction for three martini lunches! And they address comments from Die Hard director John McTiernan that the film is anti-capitalist, but they just might veer off into other aspects of this cinematic masterpiece.