October 2024

I’ve been thinking recently about responsibility and intellectual courage.  It started with my plumber  (Note:  Great title for my first novel): “It’s not my mistake and frankly, it’s the wells guy’s job” that reminded me of the line, apocryphally attributed to President Clinton, but actually (most) of the lyrics were from a 1968 hit by the Delphonics:

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The way we regulate rarely works terribly well for the regulator or the regulated.  Yet, we keep doing it the same way…a subspecies of insanity to be sure.  

As an example, has anyone out there in CRE land taken a gander at the new Corporate Alternative Minimum Tax (CAMT) proposed rule?  This little gem comes to us