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"What Could Happen September 30, 2010 8:30am to 4:15pm Quality Inn "What Could Happen After What May Happen Next" September 21, 2010 8:30am to 4:15pm Drury Inn & Suites,
Greensboro, NC
"What Could Happen After What May Happen Next" September 9, 2010 8:15am to 4:30pm Days Inn, Raleigh-Airport Research Triangle Park 1000 Airport Drive Morrisville, NC
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N.C. tax delinquents rise, adding to budget woes: They owe the state $841 million – a 67% jump from 2009… Did state budget writers account for $336 million of unpaid taxes  Print This Post
Tax Hikes and the 2011 Economic Collapse People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies. …if the government taxes people who work and pays people not to work, fewer people will work. Incentives matter. People can also change the timing of when [...] Print This Post
Euro ‘will be dead in five years’ The euro will have broken up before the end of this Parliamentary term, according to the bulk of economists taking part in a wide-ranging economic survey for The Sunday Telegraph. The single currency is in its death throes and may not survive in its current membership for a week, let [...] Print This Post
Brazil has canceled the sale of its longest fixed-rate local bonds three times in the past month after Europe’s debt crisis eroded demand for less-traded assets. The government received no bids it found acceptable for the 150 million reais ($81 million) of 10 percent notes due in 2021 offered yesterday. …While yields on the so-called NTN-Fs have [...] Print This Post
…Unregulated finance, the ideology of unfettered free markets, and state capture by corporate interests are what ended up undermining democracy both in North America and in Europe. All industrialised countries are at risk, but it’s the eurozone – with its vulnerable structures – that points most clearly to our potentially unpleasant collective futures. As a result [...] Print This Post
Los Angeles on the Brink of Bankruptcy Los Angeles is facing a terminal fiscal crisis: Between now and 2014 the city will likely declare bankruptcy. Yet Mayor Antonio Villaraigosa and the City Council have been either unable or unwilling to face this fact. …The mayor can’t control the economy, but he could have chosen to control spending [...] Print This Post
Standard & Poor’s Ratings Services on Wednesday lowered Spain’s long-term sovereign credit rating to AA from AA+. “We now believe that the Spanish economy’s shift away from credit-fuelled economic growth is likely to result in a more protracted period of sluggish activity than we previously assumed,” said Marko Mrsnik, an S&P credit analyst. “We now project [...] Print This Post
Standard & Poor’s Ratings Services on Tuesday lowered Portugal’s long-term local and foreign currency sovereign issuer credit ratings to A- from A+. “The two-notch downgrade reflects our view of the amplified fiscal risks Portugal faces. Under our revised base case economic growth scenario, we expect the Portuguese government could struggle to stabilize its relatively high debt ratio [...] Print This Post
Whatever failures I have known, whatever errors I have committed Bernard Baruch Summary of Revenues, Expenditures, and Changes in Fund Balances FY 2010-11 TOTAL Expenditures $586,299,343 Beginning Fund Balance [...] Print This Post
People do not like to think If one thinks, one must reach conclusions Conclusions are not always pleasant Helen Keller Summary of Revenues, Expenditures, and Changes in Fund Balances FY 2009-10 Beginning Fund Balance $ 181,035,639 [...] Print This Post
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