The Rule that will (Hopefully) Reopen the Portal to Big Money Accountability

The President’s new rule requires companies that sell $1 million worth of stuff to the federal government to let their employees’ cases go before a judge. Believe it or not, this tiny technical point could have giant repercussions. Here’s why: Judges, politicians and a rabidly well organized big business…

6 Stories to Get You Through the Day

Check out How Much the Billionaires’ Tax Dodges are Costing YOU | Statista $1,259. That’s how much more you will have to pay in taxes to make up for the taxes not paid by rich people and companies who park their money or paperwork outside the U.S. Every action has a…

Seven Stories That Will Make You Think

Inversions and Phantom Fiduciary Duties – PracticeLaw.com That argument that big CEOs make to justify moving their company nationalities overseas in order to satisfy their fiduciary duty to minimize taxes? Yeah, that’s bullshit. CEOs and Boards also have no fiduciary duty to maximize profits, particularly short term profits. CEOs and Boards have a…

Top 5 Weekly Reads

How Not to Sell Things on the Internet (Legal Edition) –EricGoldman.org 23andMe lost when they tried to enforce their terms of use – because they stuck the link to their terms of use at the bottom of the site. Listen up, web sellers: imagine going to a car dealership and getting…

Eight Articles You Need to Read

This poem, written by Emma Lazarus and engraved on a bronze plaque inside the Statue of Liberty, represents the United States as the land of the immigrant; the land of the free. Today, some people have lost sight of the fact that this great nation was built upon the…

Seven Stories You May Have Missed

It’s time to declare your independence from the people who have taken it from you. You know that July 4th is the day we celebrate our national independence from the British crown. What you may not know is that July 4th was just as much about declaring independence from…

Six Quick Reads You Need to See

Starting a Business is an Act of Defiance and Patriotism: Happy Independence Day Letting your entrepreneurial flag fly has never been so daring, so important and so patriotic. The financial rules are now totally written for the big companies. Taking on Goliath in any industry is an act of…

The Entrepreneurship Series, Part IV

Righteous Rotation and the Rule of “Fours” The Righteous Rotation follows the creation and patronage of locally owned and operated businesses. When a small business prospers, its owners and workers prosper along with the surrounding community. This leads to more prosperity for the small business, and on and on….

The Entrepreneurship Series, Part III

Innovation & Competition Small firms are much more innovative than large ones. A study by Zoltan Acs and David Audretsch sought to identify which companies came up with he biggest innovations of the 20th century. They found that new or small firms generated half. Their role was particularly important…

The Entrepreneurship Series, Part II

Fair Distribution of Political Power There is one thing that does more than any other to guarantee a fair society: lots of new millionaires. New millionaires means there is an opportunity to make a lot of money in a relatively short period of time. New millionaires means that people…