The Flinchum File

Thoughtful Economic Analysis and Existential Opinions
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Welcome to The Flinchum File

I am an Accredited Investment Fiduciary at Bay Capital Advisors, an investment firm headquartered in Virginia Beach, VA. After retiring from Truist Bank, I started this firm to work more closely with a smaller number of clients, and it has been great! Our client load is about 25% of the national average.

Writing is not for the shy or the meek. It exposes a person’s mind and character. I hope you enjoy the view.

The opinions expressed in The Flinchum File are those of the writer, Jim Flinchum, and do not necessarily reflect those of Bay Capital Advisors, LLC

Sorry, Dad

Growing up on a farm requires a lot of work and a lot of time to do it. There’s no time to play games when there is work to do, so it is not so surprising that my farmboy-father strongly disapproved of games – all games. Games may vary from checkers to football, but they’re all the same, he said . . . a waste…

On Collateral Damage

Watching the heartbreaking scenes from Gaza, I remembered Lieutenant William Calley at the My Lai massacre. Although hundreds of civilians were killed in My Lai, Calley was convicted of killing 22 of them, mostly women and children in 1968. Originally sentenced to life imprisonment, that was later commuted by President Nixon to only three years of house arrest. Now 80-years-old, he is living in his…

Thank you for your service!

Christians and other religious followers quibble over which “holiday” is more holy – Easter or Christmas? Veterans quibble over whether Memorial Day or Veterans Day is more significant? (Veterans Day honors everybody who wore a uniform, while Memorial Day honors those who paid the “ultimate price”.) “Thank you for your service” is a polite courtesy, but some of us consider it trite and hollow. When…

A theory for all seasons . . . ?

Years ago in Dallas, I enjoyed having lunch with Arthur Laffer. Although an economic advisor to President Reagan, he is best known as the father of the Laffer Curve, which showed why a cut in taxes increases revenue to the government. This is the basic principal of Supply-side economics. He had studied the Kennedy Tax Cut, which passed in 1964, and saw how revenues to…