THOMAS JOSEPH COYNE, MBA, Ph.D. - firstname.lastname@example.org
(Financial Economist, Professor of Finance – tenured, inactive)
Candidate of U.S. Senate (L. WV.)
U.S. Senator Democrat Harry Reid confirmed today (11/21/2013) what has been well-known on this page for decades: The USA has no judicial system, only a legal system - and the laws of the U.S. Senate have been changed to choke-off the Constitutional RIGHT of freedom of speech, and for whom? Members of the U.S. Senate. Senators are sent there for a reason: to manage the affairs of this once-great nation. Reid's fellew Senators know, as does Coyne, each U.S. Senator has a constitutional God-given inalienable right to be heard on any issue or subject or his/her choice, on the floor of the U.S. Senate or elsewhere as s/he sees fit! Shame, shame, shame of us for allowing socialists to succeed in this manner.
SERIOUS LACK OF LEADERSHIP BY THE DEMOCRAT & REPUBLICAN PARTY IS NOW EXCEEDINGLY WELL DOCUMENTED - AIDED BY IRRESPONSIBLE BEHAVIOR AND COMMENTS BY THE U.S. PRESIDENT. TIME HAS ARRIVED IN THE USA FOR A THIRD POLITICAL PARTY. A THIRD POLITICAL PARTY IS A MANDATORY IMPROVEMENT, ESPECIALLY FOR MY NATIVE WEST VIRGINIA IF COAL, EDUCATION, AND SOCIAL SECURITY ARE TO BE SAVED, AND MY PUBLICATIONS REVEAL HOW TO SAVE EACH! FOR OUR SURVIVAL AS A NATION WE MUST REELECT NO ONE WHO HAS BEEN IN ELECTED OR APPOINTED PUBLIC OFFICE FOR THE PAST TEN YEARS OR MORE.
November 11, 2013,
Veteran’s Day Commentary
TO: Ninety-nine U.S. Senators @ various Senate Office Buildings, Bars/Lounges, “Health Clubs,” Brothels, Yachts, Other “safe-from-the-public” havens, Washington, D.C.
FROM: Thomas Joseph Coyne, MBA, Ph.D., (Financial Economist), www.coyne-assoc.com;
SUBJECT: Your individual and collective malfeasance in elected public office;
OBJECT: Call your attention to this fact: you have failed to do the job you promised to do;
PRESENT: We grant you privileges in life for you to serve the public, not to exploit the public
PROPOSAL: TERM LIMITS: Because of your failure(s), citizens must never again vote for anyone in elected public office who has held that office for more than ten or twelve years, including you;
ADVANTAGES: Senators will be required to earn their money, not steal it. No more ‘milking the system’ to become multi-millionaires at taxpayer expense. Fairness, honor, dignity, integrity, patriotism, freedom from fear of government control of everyone and everything that move;
DISADVANTAGES: Non-competitive bid contractors rewarded financially by you and from whom you receive financial kickbacks will no longer assure your reelection;
ACTION: Surrender your goal to control everyone and everything that moves. Remember the Alamo. Evict illegal immigrants – but help legitimate immigrants, Balance the Budget. Remember Benghazi. Protect our borders. Cancel Obamacare. Cancel the Environmental Protection Agency and the Department of Education – no longer indoctrinate, educate. Discontinue Department of Education knowingly uncollectible loans to unqualified alleged students so as to forgive the loans later for government-selected persons, selection to be based mostly on race, political voting records; Cancel the Department of Energy, and the Federal Income Tax. Amend the Social Security Act of 1934. Protect our Coal industry, coal miners & their pensions. Protect our railroads. Protect our military, their families and pensions. Stop financing abortions. Discontinue the practice of having government employees misuse government pension fund money by acquiring government ownership voting rights in otherwise private corporations. Stop manipulating current stock market prices. Discontinue expansion of fascism. Fascism led to armed conflict when Mussolini and Hitler used it to gain and maintain power and control. Establish English as our national language. Create new medical schools. Eliminate gun control efforts. Pass an Amendment to the Constitution forbidding taxation of one's primary residential real estate. Renew space research and defense. Discontinue any notion of requiring any young American to "register" for military draft.
Veterans did not do what we did in World War II, in Korea, in Vietnam, in Iraq, in Kuwait, in Pakistan, in Afghanistan, elsewhere, and stand on lonely armed alert around the world to allow you to destroy this country as you are doing. Stop it! Your behavior is criminal! Reestablish FREEDOM.
Protect the Constitution of the United States of America, the greatest document ever reduced to writing. Create a justice system (we have only a legal system currently). Use your time to help, not hurt this wonderful country! Protect our religious and personal freedoms, liberty, and thank God for it all. He has given you much. He expects and deserves much in return!
SUBJECT: “Social Security in the United States of America: A Positive and Profitable Cash Flow Device; a Powerful Political Control of People Tool” by Thomas J. Coyne, Ph.D. (Financial Economist), a condensed version. ©
OBJECT: When in doubt throw it out! Government has proven inability or unwillingness to properly manage our Social Security Act of 1935, The Old-Age Survivors, and Disability (OASDI) and Medicare Hospital Insurance (HI) program/Act. That legislation must be amended.
PRESENT: When government gets too strong it forgets right from wrong! Social Security finances are controlled totally by government to the detriment of the Social Security member. Currently, if a worker dies prior to his/her official Social Security retirement date government wrongly keeps all (100%) retirement money paid by him/her. The proposal here is to end this practice! This proposal guarantees individual workers benefit from their labor financially during their retirement, and assures their estate receives all money remaining after death, if any.
PROPOSAL: Profit is not a dirty word; in fact, profit is a cost of doing business; besides, God helps those who help themselves! For bookkeeping purposes only we need to separate Social Security retirement payments from Disability and Supplemental Security Income payments.
This Amendment requires government employees, as a condition of continued federal government employment, to administer an honest retirement plan, administer only, for each individual worker choosing responsibility for his/her retirement. By this Amendment government assures specified routine payments into and out of the one’s retirement plan and disallows fraudulent withdrawals or contributions. Transfers of retirement money from one investment adviser to another shall be properly protected. Government shall establish and patrol, patrol only, a reliable retirement/survival plan/portfolio without making any of the investment or management decisions. Each worker may retire at any time but s/he shall not be able to access his/her retirement portfolio money until attainment of age 62 or 65 or an age uniformly nationally agreed upon. If one retires too early s/he may become a ward of the state. Supplemental Security Income recipients and Disability income recipients are on welfare, wards of the state. Social Security Income recipients are entitled to their money and are NOT on welfare. They are NOT wards of the state!
Each worker may have his/her personal retirement portfolio. The worker or someone selected by the worker, someone other than a government employee, shall make all buy, sell, hold or trade decisions for common equity, bonds, real estate and/or other financial investments. Should any worker die before he reaches retirement age money accumulated by him/her shall belong to the estate of the deceased. No federal income tax shall be due or paid on the retirement portfolio at any time during the existence of the worker’s life, at his/her death, or by the estate of the deceased worker. No FICA tax of 15.4%, more or less, shall be paid by or for a worker selecting to manage his/her personal retirement portfolio. No deceased person’s money shall be absorbed into government or other coffers. No retirement money in any worker’s portfolio may be borrowed by government for any reason at any time. All retirement money accumulated in a worker’s portfolio shall be identified as the workers private property; competition from financial intermediaries shall be required with each investment adviser, if any, in writing, being required to diligently attempt to generate profit for each worker consistent with the degree of risk acceptable to the worker as done in ALL legitimate retirement plans in the USA.
Any worker preferring to remain with the existing un-amended Social Security plan may do so. Such person(s) shall be permitted to change his/her mind later; however, a person choosing responsibility for his retirement in accordance with this proposed Amendment may not change his/her mind later. This Amendment requires that no Supplemental Security payments, if any, and no Disability payments, if any, shall exceed the dollar amount of the average Social Security payments made to workers who choose to remain in the existing Social Security program. Standard deviation statistics associated with average Social Security retirement payments to recipients shall not be considered in fulfilling this requirement. If no person remains with the current system a maximum lid or ‘cap’’ shall be placed on Disability payments, if any, on Supplemental Security Income payments, if any.
No government employee and no mutual fund management, or Investment Bank, or commercial bank Trust Department person or group shall vote common equity proxies for any person remaining in the existing Social Security plan or for any person opting to manage his/her personal retirement portfolio under this Amendment. No government employee shall have any influence whatsoever in selection and/or election of management personnel at any level of any publicly traded business for a worker holding financial instruments in his/her portfolio. No one other than the worker or his non-government agent may vote proxies concerning matters before the firm in which the worker holds equity. Government shall not enforce its policies and/or procedures at meetings for stock owners. (Stock holders are not necessarily stock owners). Government shall not be in direct or indirect control of any worker’s retirement income from equity, bonds, bills, or other assets held by the worker in publicly traded businesses. Only publicly traded financial products and/or instruments, the price of which is routinely quoted in national or worldwide financial press, may be acquired and/or held for the retirement portfolio of (A) persons remaining in the existing Social Security program or (B) persons choosing to manage and own investments outright as part of their private property as prescribed herein.
This amended Social Security Act identifies retirement money and all holdings in retirement portfolios as the private property of each worker. No government agency or office or person shall interfere in any manner whatsoever with this private property, in accordance with Article IV of our Constitution. Conditions conducive to accumulation of personal savings by a worker from his work is encouraged and supported by this Amendment. Current governmental use of a worker’s retirement money until s/he retires is ended by this Amendment.
Behavior contrary to specifics cited in this Amendment by any government or non-government person or group shall be identified as a criminal offense, by definition, against the worker and shall be punished accordingly. Remember: Freedom is not Free!
ADVANTAGES: If an American worker earning $50,000 annually places only ten percent (10%) of it ($5,000) in his/her retirement portfolio, at only six percent (6%), for only thirty years (30) s/he would have an estate worth $395,290 (Future Value Factor of an annuity, 79.058, times $5,000, compounded @6% for 30 yrs.) at the end of those 30 years. If s/he dies early family of the deceased has ownership of the money. If s/he lives a normal life span the worker has significantly better retirement money. Current Obama threats to discontinue sending Social Security recipients their entitled payments are nullified. This Amendment ends current practice of government keeping for itself retirement money of all persons who die before official retirement age, 62 or lower. FICA is gone with this Amendment. Government persons are prohibited from voting common equity proxies belonging legally, morally and ethically to each worker, to each free citizen!
DISADVANTAGES: Specific financial information concerning alleged cost(s) to government of this proposal is unavailable at this writing; however, more than adequate money is available, not only to finance this proposal but, additionally, to solve the pension for coal miners problem created by professional politicians, both Republican and Democrat, the self-proclaimed “Ruling Class.”
ACTION: I will present this proposal from the floor of the U.S. Senate if I receive the votes of citizens in West Virginia allowing me to serve as their U.S. Senator (L.WV.), so help me God!
The Economic Theory of John Maynard Keynes (pronounced: "Canes")
Without serious doubt or discussion John Maynard Keynes was the most influential economist of the 20th century. Franklin Delano Roosevelt had Keynes' picture hanging in the Oval Office, Adoph Hitler kept a picture of Keynes in his private Berlin office and Joseph Stalin did the same thing in Moscow, as did Winston Churchill near London.
Keynes died in 1946, exhausted, shortly after the long boat ride home to England following his participation in the post War II conference at Brenton Woods, New Hampshire where he, Keynes, started the International Monetary Fund, the World Bank and the Marshall Plan. The Americans had arranged the meetings so as to leave little time for Keynes to speak. They were angry with Keynes' behavior as a member of the team arranging reparations in 1919: German punishment was in store for starting World War I and Americans were demanding heavy financial payments in 1919. Keynes resigned in disgust, went home and wrote "How to Pay for a War" in which he said Germany would be at war again in twenty years (20) if they had to pay for War I. (His thoughts became the defining blue print for creation of IMF, World Bank, and Marshall Plan). Germany invaded Poland on September 1, 1939, conquering the previously disarmed Poles by October 10, 1939. It took only 40 days. When Keynes' turn finally arrived to speak in 1946, he stood, stoop shouldered and weary and addressed the stuned almost silent group with his knowledge of events and how to fix them. To this day in the 21st century (September 21, 2011) we hear of Keynes, mostly from life-long professional politicians, talk radio show and television personalities with each, in turn, embarassing themselves by revealing their lack of knowledge concerning Keynesian economics. Keynes did not preach socialism!
Briefly, Keynes correctly tells us this:
(1) Business cycles always exist in every economy, regardless of whether it is capitalist, socialist or communist;
(2) Every business cycle has four (4) stages: (A) expansionary stage, (B) upper turn, (C) contractionary stage, (D) lower turn;
(3) Growing economies in the USA ALWAYS enjoy many more months of expansion than months of contraction; and, importantly,
(4) During months of expansion (A) government receives, on average, more money than it needs currently. Government should not spend all the money it has at this time. Save something for the upcoming contraction, stage C. Government should hoard money during months of expansion (A) so as to have excess funds available for financial stimulus spending during months of contraction (C). "Stimulus" government spending is acceptable only once the upper turn (B) of the business cycle is reached and the economic contraction (C) begins. During the contractionary stage, C, and as close as possible to the lower turn (D), government should carefully study what spending would be proper on new and or better projects in preparation for the next contraction (recession) - (C); meanwhile, another espansion is taking place (A). In this manner government stabilizes the aggregate economy during expansions and contractions and has money also for emergencies and truly crucial new projects.
No long term debt is necessary at any time and remember: NO long term debt existed in the USA from its inception as a nation until the need arose to finance World War II. Unnecessarily, this nation has been in debt since that time. I, Thomas Joseph Coyne, Ph.D. as your U. S. Senator from West Virginia, would demand and obtain a balanced budget!
Socialists among us tell us to spend every penny we have from current taxation during each stage of the business cycle, and spend each penny we can borrow during each stage of the business cycle in order to provide "stimulus" to the economy during expansion and the upper turn and the contraction and the lower turn ignoring totally the need to generate a financial surplus. These same socialists use the name of Keynes, wrongly, to justify their behavior by concertrating almost solely upon the Keynes use of financial stimulus during brief contrationary stages of the normal business cycle, (C). Socialists are wrong to do so!
1. Government Shutdown: In October, 2013 government claimed ‘shutdown.’ Not so! The federal government is on strike. Government wants (A) more money and (B) socialist working conditions. It is a simple labor relations problem. I have handled similar problems - with ease. I, as your U.S. Senator from West Virginia, would solve this problem quickly.
2. Coal: Hard working coal miners, some having 29 years in the pits, are threatened with loss of health care, loss of pensions, loss of jobs by government declaring “war on coal.” Miners might have their homes foreclosed due to inability to pay real estate taxes. This is a simple macroeconomic/microeconomic problem. I have handled similar problems in the past. I, as your U.S. Senator from West Virginia, would solve this problem quickly from the senate floor.
3. Tolls. Tolls are taxes and taxes pay for construction and upkeep of our Interstate highways. States place a tax (toll) on top of, in addition to, the federal fuel tax. This additional tax is wrong, especially since both West Virginia and Ohio have paid for their turnpikes totally, several times over. This tax is a heavy burden to employed, unemployed veterans and other citizens. I, as your U.S. Senator from West Virginia, would solve this problem by making ALL Interstate highways free to all travelers – as promised by Dwight David Eisenhower – in the early 1950s.
4. Veterans. Disabled American Veterans, among other veterans, are suffering as government is threatening to hold their disability checks. Government is canceling surgeries in VA hospitals for purely political reasons. Talk about unacceptable? I, as your U.S. Senator from West Virginia, would support, create and work diligently towards a legitimate government shutdown the likes of which Barry Soetoro/Barack Hussein Obama II has never dreamed of seeing before tolerating such behavior on the part of government. Veterans from West Virginia and elsewhere did not fight in a foreign country to see themselves, their families and friends taxed out of their residences upon return home!
5. Social Security. Groundless threats are being made against senior citizens. They might not be given their monthly checks? They might not be entitled to their checks anyway they are told. When government speaks that way to me, to my family, to my friends it is speaking to the wrong person! I, as your U. S. Senator from West Virginia, would not tolerate such language originating from a U.S. President or ANYONE from official inside-the-beltway Washington, D. C. Older citizens are entitled to their pension money, in full, on time, with no threats!
6. Other Government Stunts. Phony social security threats, gun control efforts, out of control EPA, failure to defend our borders, failed public schools, failed energy efforts, serious shortage of M.D. physicians, no reestablishment of our space program, failed student loan(s) program, unnecessary maintenance of U.S. Military around the world, failed financial grants to sworn enemies, disgraceful fall of the U.S. dollar, misbehavior by Federal Reserve System leadership, lack of a balanced budget, desperate need for term limits, rediculous requirements to sign-up for the military draft upon attainment of age 18, necessary elimination of the federal income tax, abortion, no defense of the 2nd and 4th Amendments, obscene personal property taxes, disgraceful Obamacare, horrible Bureau of Prisons, continued failure to establish a National Language – American English, require that Tom Coyne be elected to the U.S. Senate from West Virginia. I, as your U.S. Senator from West Virginia, would correct these stupid problems! "The difference between genius and stupidity is genius has its limits” – Albert Einstein. Together we can recapture our once-great nation. I need help but seek only prayers, good will and your vote. I accept no money!
I, as your U.S. Senator from West Virginia, would cancel The Federal Income Tax. Our existing Internal Revenue Tax Code is the result of the 16th Amendment to our Constitution, passed on February 3, 1913. Experience over the last one hundred years, 1913 - 2013, reveals Amendment 16 has been badly misused and abused by life-long professional elected politicians. The abuse shall stop; besides, this country prospered handsomely for one hundred and thrity-seven years (137), from 1776 - 1913, with no income tax. We can and must do it again. I would help cancel Amendment 16 of the U.S. Constitution! Revenue from other sources is readily available.
Cancelation, in small part, will explain that inasmuch as we all play we all shall pay! No exemptions and no deductions! As with much if not most federal legislation, a very large number of persons have been made exempt from federal income tax; worse yet, IRS 501-c-3 tax free groups vote on taxation issues while being required to pay none of it. This self-serving wrong privilege shall change.
Impeachment of Barack Hussein Obama, known for approximately 26 years of his life as Barry Soetoro should proceed immediately.
World Finance On June 9, 2013, The World Finance & Banking Symposium, Ministry of Education, Beijing, P.R. China accepted the Thomas J. Coyne, Ph.D. research paper: “Social Security in the United States of America: A Positive and Profitable Cash Flow Device; a Powerful Political Control of People Tool” for presentation to financial economists at its symposium in Beijing, China, December 16 – 17, 2013. A 'tourist' visa is unacceptable to the Chinese Embassy, NY. NY for presentation of this professional paper and I am told I MUST have a letter of invitation from "a Chinese person in position to write such a letter." The required letter has been promised several times but has yet to arrive. The Chinese do not accept electronic messages (email; fax) for this presentation and I need at least six (6) six weeks before departure for my required immunizations at the Cleveland Clinic. As of Octobe 6, 2013, I am within a hair of having to cancel my hotel and plane reservations; regardless, the reader and the world-at-large would benefit significantly by reading the paper, hyperlinked here, accepted for presentation by the Financial Economists. This paper reveals how to solve our Social Security problem: Click onto world_finance.
Workers,%20Government%20and%20Social%20Security%20Taxes.htm. If one million Americans die early because of ObamaCare “death squads” and these non-government workers spent 30 years working, but died before collecting Social Security benefits, the federal government stands to make a minimum collective economic profit on their deaths of $102,775,000,000.00. (Future Value of Annuity Factor @ 6% of WV level earnings, 30yrs.: (79,057 X $1,300 X 1,000,000). (Government always has kept 100% of all tax receipts when a worker dies before reaching retirement age). This governmental profit of one hundred and two billion, seven hundred and seventy-five million dollars is unearned income to government, concealed from West Virginians and the nation by life-long politicians. Social Security Taxation is very profitable – to government!
Commentary%20of%20April%2020,%20The%20Enemy%20Within.htm. “We have met the enemy and it is us!”
The Gramm-Leach-Bliley Act signed into law by President Bill Clinton on November 12, 1999 is the factor causing current worldwide financial collapse. See:
Government is too strong, has forgotten right from wrong. The USA’s “Ruling Class” exists through conspiracy between Democrat Party & Republican Party financiers. Professional life-long politicians have total control. Our successful capitalist system has been converted into a government/fascist state. (Fascism is a sophisticated form of socialism). The June, 2013 Timken (TKR) Corporation Board of Directors takeover by CALPERS (California Public Employees Retirement System) government employees is only the latest example.
Tom serves as a highly personal adviser to Chief Executive Officers, Chief Financial Officers and other key executive positions functioning individually as a personal “Board” member for each. Confidentiality agreements are signed as needed.
Coyne & Associates, Inc. has managed money for people since 1967 without losing a penny for anyone, anywhere, at any time for any reason, including the current recession; in fact, each client made money! (Tom took one client from only eleven dollars ($11.00) to six million dollars ($6,000,000.00)). See: appointment_of_investment_adviso.htm ; neither Tom Coyne nor anyone connected with his firm EVER solicits a client.
Freedom, Liberty and Democracy would benefit if we adopt the following four Constitutional Amendments, but one other point; American citizens live in fear of government and are not free. We existed well as a nation from 1776 until ratification of the Sixteenth Amendment to our constitution on February 3, 1913 - one hundred and thirty-seven years. We must become free again. With the 16th Amendment we granted government the right to tax us; however, government routinely exceeds and otherwise abuses its privilege to tax. Cancelation of the existing Tax Code in its entirety is necessary at this time! Watch this page for details concerning how to finance government after cancellation of the Tax Code.
(1) A 28th Amdment to the U. S. Constitution should read: “The term in elected public office shall not exceed a total of twelve years (2 terms) for a U.S. Senator; the term in elected public office shall not exceed a total of twelve years (6 terms) for any U. S. House of Representatives member.” (T. Coyne, (6/19/98).
(2) A 29th Amendment to the U.S. Constitution should read: “No government or governmental unit shall impose a tax of any sort on the primary residential property of any citizen in the USA.” (T. Coyne, 3/17/03). See Commentary of January 25, 2005, Real Estate Property Taxes.htm See as well letter of July 6, 2007 to prosecuting attorney, Summit County, Ohio.
(3) A 30th Amendment to the U.S. Constitution should read: “No vote of the people is valid if it consists of less than fifty percent of those persons eligible to vote.” (T. Coyne, 6/1/03).
(4) A 31st Amendment to the U. S. Constitution should read: “There shall be no taxation without representation.” (T. Coyne, 10/10/03). Non-city residents in Akron, Ohio and elsewhere throughout this country pay city income taxes as levied and collected by politicians for whom these same non-resident taxpayers are not permitted to vote, and to whom no accounting of money collected is ever made. Persons taxed do not live work or drive through the city of Akron but Akron collects and spends their tax payments.
BOOKS by Professor T. J. Coyne:
A. How to take Charge of Yourself, Your Money, Your Government, non-fiction. htm, College text, copyright, 1999 ISBN 0-9633192-2-1; “(Socialism does not work; capitalism works.)”
B. License To Lie, a novel by Tom Coyne.htm, fiction, ISBN 0-9633192-1-3, copyright, 2000; “(A liar is a liar is a liar." Do not forget it – ever,” p.1).
C. Each book cited here along with T. Coyne. Readings in Managerial Economics, Fifth Edition, an MBA level text used constantly by colleges and universities throughout the world from 1974 through 1992, ISBN: 0-9633192-0-5, © 1992, Fifth Edition, may be acquired from Coyne & Associates, Inc. via direct mail). Price per copy of each: $10.00 plus postage and handling of $5.00.
D. (Four out-of-print books published by Professor Coyne including his Managerial Economics: Analysis and Cases, Fifth Edition, an MBA college text, the best selling book in its field in its time, ISBN: 0-256-026980, Business Publications, Inc., Plano, Texas, © 1984, remain available through EBay, and/or Amazon.Com; however, one may make written request to Coyne & Associates, Inc.).
Financial economist Thomas Joseph Coyne is a native of Wheeling, West Virginia, a graduate of Central Catholic High School.
Thomas Joseph Coyne earned his Doctor of Philosophy (Ph.D.) degree at Case Western Reserve University (Economics/Finance), his Master of Business Administration degree (MBA) from Kent State University (Management/Finance), his Bachelor of Business Administration degree (BBA) from Marshall University (Accounting/Economics). He completed his postgraduate work at the University of Chicago (Monetary Theory/Price Theory) and the University of Michigan (Computers).
As a full-time undergraduate student at Marshall University, Dr. Coyne worked full-time as a brakeman on the Baltimore & Ohio Railroad, graduating in three years time. He worked full time as industrial credit manager for The B. F. Goodrich Company while a graduate student at Kent State University, graduating in two years time. Coyne taught at Case and John Carroll and Kent State and Akron Universities while studying finance and economics at Case. While attending high school, Coyne rose from stock boy to floor manager and buyer at the J. C. Penney Company. Using his experience, age, education, and background, Coyne has contributed to solution of labor and management problems for decades. After writing his Master’s thesis: “Railroad Proposals for the Alleviation of their Financial Crisis” and receipt of his MBA, Tom worked with Cyrus Eaton at the Chesapeake & Ohio Railway as it acquired the Baltimore & Ohio Railroad, (the combined railroad today is called CSX). Tom appeared before the Interstate Commerce Commission dealing with per diem rate cases of railroad cars. Tom is a licensed pilot. After writing his Ph.D. dissertation, receipt of the degree and having it published by the Legislative Services Committee and distributed by the Committee to each member of the House and Senate and administrative persons in West Virginia, entitled "Banking Structure in West Virginia," branch banking was adopted by the state of West Virginia. Prior to distribution of the Coyne dissertation West Virginia was the only unit banking state (NO branches allowed) in the nation.
Professor Coyne spent the bulk of his professional career teaching graduate and undergraduate courses (MBA) as a tenured full professor of finance and/or business economics at fully accredited (AACSB) universities. He has traveled extensively throughout Russia, Western Europe, and the United States, lecturing and presenting papers in finance and economics. He has negotiated countless multi-million dollar contracts for scores of American Boards of Education, has created and served as executive director of several foundations in the United States and Europe. Coyne grew financial and real assets for one group from only eleven dollars to $6.0 million before leaving.
Tom has been an active member in his church, in church institutions, and has published at least ten books or monographs, plus about one hundred peer-reviewed articles to be found in many academic & professional journals. His Arbitration Awards are published. Many written contributions have appeared in newspapers and online. Coyne is an arbitrator, serving from the lists of the Federal Mediation and Conciliation Service. He completed the Indianapolis Mini-Marathon for Cancer Research (2002, 2003, 2004, 2005 & 2006), and had a weekly one hour 50,000 watt call-in talk radio show broadcast simultaneously in Cleveland, and Youngstown, Ohio. Tom is an honorably discharged U.S. Army combat infantry veteran, having served with L Company, 180th Infantry Regiment, 45th Infantry Division, Sandbag Castle, Korea, receiving the Korean Service Medal with 2 Bronze Service Stars, the United Nations Service Medal, the National Defense Service Medal, the Combat Infantry Badge (CIB), the Good Conduct Medal, a Letter of Appreciation signed by Kim Dae-jung, President of the Republic of Korea, and The President Syugman Rhee Memorial Association 60th Anniversary Korean War 1950-2010 Medallion.
Tom sought the U.S. Senate seat Ohio (I) being vacated by Howard Metzenbaum, 1994. Ohio Secretary of State denied Coyne placement of the Coyne name on the ballot claiming inability to read 11,000 (approx.) properly prepared signed and printed petition signatures).
Tom sought the Office of Governor West Virginia (I), 2004. WV Secretary of State refused to provide Coyne with appropriate petition forms subsequent to which in Wheeling Federal District Judge Frederick P. Stamp, Jr. declared from his bench WV violated previous (2 years prior) Federal District Court orders of Judge Kelley requiring WV to provide proper petition forms, that WV should have provided Coyne with proper petition forms, but in his written Award Stamp found in favor of WV. U.S. Supreme Court Chief Justice William Hubbs Rehnquist was at his residence outside Washington, D.C. studying Coyne’s appeal of the Judge Stamp “award” the night Rehnquist died.
Thomas Joseph Coyne, Ph.D., was formerly married to Patricia Anne Smith, R.N., of Huntington and together they proudly raised their five children, all of whom are college-educated. Tom and Pat have twelve grandchildren. Tom plans to take the U.S. Senate seat being vacated by Jay Rockefeller (D.WV) in the election of November 4, 2014.
Professor Coyne maintains a home in Bath, Ohio, USA.