Accounting Ethics « Questions for America

Has the US economy lost 7.6, or 11.2 million jobs since the recession began in December 2007?

September 6th, 2010 | Tags: Accounting Ethics, Communication Ethics, CPA Continuing Education

“Why The US Has Really Lost 11.2 Million Jobs This Recession

…while the total US population has increased by 6.8 million from 303.3 million to just over 310 million [between December 2007, and] July 2010, over the same 32 month period, the civilian labor force has declined from 153.9 million to 153.6 million.

If some [...]

Print This Post

Could some who follow statistical irregularities, take advantage of relative unawareness of the many, prior to collective realization?

August 18th, 2010 | Tags: Accounting Ethics, Birth Death, Cognitive Dissonance, Communication Ethics, Financial Ethics, Journalism Ethics

There’s been some suggestions that the payrolls report

had been distorted by the way the Bureau of Labor Statistics

accounts for business births and deaths

Print This Post

On Unemployment: Why would some compare dissimilar calculations of economic statistics?

August 12th, 2010 | Tags: Accounting Ethics, CPA Continuing Education, Debt, Generational Ethics, Great Depression, Journalism Ethics, Political Ethics, Social Security, Statistics, Unemployment

If you tell a lie big enough and keep repeating it,
people will eventually come to believe it.

The lie can be maintained only for such time
as the State can shield the people
from the political, economic and/or military consequences.

Joseph Goebbels

Statistics mask real economic pain

The jobless rate improved this week. It’s now [...]

Print This Post

Are we collectively bankrupt?

August 11th, 2010 | Tags: Accounting Ethics, Budget Ethics, CPA Continuing Education, Economic Ethics, Peak Credit, Risk and Return, Social Security

U.S. Is Bankrupt and We Don’t Even Know: Laurence Kotlikoff

Let’s get real. The U.S. is bankrupt.

Neither spending more nor taxing less will help the country pay its bills.

…Last month, the International Monetary Fund released its annual review of U.S. economic policy.

…the IMF has effectively pronounced the U.S. bankrupt. Section 6 of the July 2010 Selected [...]

Print This Post

Can some come to irrational conclusions to justify erroneous assumptions?

August 11th, 2010 | Tags: Accounting Ethics, Cognitive Dissonance, Communication Ethics, CPA Continuing Education, Economic Ethics, risk

The economics profession appears to have been unaware of the long build-up to the current worldwide financial crisis and to have significantly underestimated its dimensions once it started to unfold.

…We trace the deeper roots of this failure to the profession’s insistence on constructing models, that…disregard the key elements driving outcomes in real-world markets.

The economics profession [...]

Print This Post

Sobering Thoughts on the Demographics of the Baby Boom, Savings, Entitlement Benefits and Monetary Policy

August 10th, 2010 | Tags: Accounting Ethics, CPA Continuing Education, Debt, Generational Ethics, Peak Credit, Social Security

If workers earn, pay taxes, spend, save and invest,
while retirees divest, downsize, budget
and draw income and healthcare benefits,
what’s going to happen when more retirees want
what fewer workers may not be able to deliver?

It is incumbent on government to convey to future retirees
that the real resources currently promised to be available on retirement,
will not [...]

Print This Post

Medicare Accounting Facade?

August 5th, 2010 | Tags: Accounting Ethics, Budget Ethics, CPA Continuing Education, Debt, Medicare, Political Ethics, Social Security

Trustees: Medicare hospital fund extended 12 years

The annual checkup of the government’s big benefit programs for the elderly show that the Obama administration’s sweeping health care overhaul will extend the life of the Medicare hospital insurance fund by 12 years.

…That improvement was credited to the cost savings that will occur with the passage earlier this [...]

Print This Post

Disclaimers

What you may think I'm thinking isn't necessarily what I'm thinking.

Format originally conceived to conform to compliance guidelines for strategic, economic planning and financial ethics courses, for CPAs, attorneys and investors.

If anything can be refined, don't be surprized if some posts read differently later.

Efficacy through understanding could be exponential, as long as most don't know what they could.

Writing style is kind of like poetry only different, with as little punctuation possible.

It's not supposed to be easy.

Many opinions expressed are those of the author as of the date of the post and are subject to change without notice.

Some views do not necessarily represent author opinions or anyone elses.

Information has been obtained from sources believed to be reliable, but accuracy is not guaranteed.

The material has been prepared solely for information purposes.

The site’s content is provided as general information only and should not be taken as investment or tax advice.

Fine print can take what big print gives.

All site content including advertisements shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any trading or investment strategy.

Any action taken as a result of information, analysis or advertisement on this site, is ultimately reader responsibility.

Consult investment or tax advisers before investment decisions.

Past perfromance is no guarantee of future results.

If you were who you think you were, and you are what you think you are, and some of what will can, can’t or won’t change, you may not be who you think you’ll be.

Some of what was may not have happened the way you think.

The only two certainties, are that you and everything that’s not you exists.

Without written exemptions, sometimes multiple restrictions may not apply, unless they do.

Most information is hypothetical.

What you don’t know you don’t know is more than you think.

If what others think was, is and may might not be what you do, weigh author and self bias.

Author is not liable if observation alters the observed.

Think for yourself and act accordingly.

The actual existence of some information can neither be confirmed nor denied.

Author is not responsible if some hypothetical questions may not be, under alternative interpretations.

Charles Darwin may have been adopted.

Reality may or may not be more than you think.

Time may exist independently of human consciousness.

You may be a robot and not know.

Nothing doesn’t change.

You can’t start over.

Questions for America

$100, 8 Hour CPA CPE

Greensboro CPA CPE

$100, 8 Hour CPA CPE

Has the US economy lost 7.6, or 11.2 million jobs since the recession began in December 2007?

Could some who follow statistical irregularities, take advantage of relative unawareness of the many, prior to collective realization?

Can some come to irrational conclusions to justify erroneous assumptions?

Economic Ethics

Markets

Miscellaneous

News

Piedmont Triad, NC

Research