Purpose:

To give America's future a better chance to succeed than our forefathers gave our parents and our parents gave us.

Greensboro CPA CPE

"What Could Happen After What May Happen Next"

September 21, 2010

8:30am to 4:15pm

Drury Inn & Suites,

Greensboro, NC

$100, 8 Hour CPA CPE

"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

$100, 8 Hour CPA CPE

"What Could Happen
After What May Happen Next"

September 2, 2010

8:15am to 4:30pm

Drury Inn & Suites,

415 W. T Harris Boulevard
Charlotte, NC

Exploitation by the Mainstream Media?

After receiving the same information,

what are the chances of 100 people thinking relatively the same thing

or acting in a similar way?

 

34% of Americans said the First Amendment goes [...]

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

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

 

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Do erased mistakes replicate faster?

If…the Ministry of Plenty forecast a surplus
and in reality the result was grossly less,
Winston’s job was to change previous versions,
so the old version would agree with the new one.

George Orwell

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Can some come to irrational conclusions to justify erroneous assumptions?

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 [...]

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Social Security Will Pay Out More Than Taxes Recieved In 2010

The annual report of the trustees for Medicare and Social Security…said the Social Security program is projected to pay out more in benefits than it collects in taxes for the first time this year and next year.

…The trustees report said that Social Security pension and disability payments will exceed revenues for this year and [...]

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Why would some in the federal government want GDP to look better than it is for immediate mass information consumption, only to revise the data lower later, when most won’t know?

Via http://econompicdata.blogspot.com/

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1929-30 Quotes

Many of the low prices as a result of this hysterical selling
are not likely to be reached again in many years

R. W. McNeel
Analyst
New York Herald Tribune, October 30, 1929

American business has been diverting a substantial part of its attention,
its energies and its resources on the speculative game.

…Now that irrelevant, alien and [...]

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On New Home Sales and Media Propaganda

New home sales rebound 24%

CNN Money

Builders lifted by June new-home sales

Marketwatch

New Home Sales Increase

Wall Street Journal

June Sales of U.S. New Homes Climb More Than Forecast

Bloomberg

Instant View: New Home Sales Exceed Forecasts for June

ABC

New Home Sales: Worst June on Record

Ignore all the month to [...]

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Profound Obama Gulf Spill Mash Up: Rolling Stone and The New York Times

The Spill, The Scandal and the President
Tim Dickinson
Rolling Stone via Fec

&

Add Government to the List of ‘Fat Cats’
Matt Bai
New York Times

Like the attacks by Al Qaeda, the disaster in the Gulf
was preceded by ample warnings
yet the administration had ignored them.

[Obama] calibrated his response to the Gulf spill
based on flawed and misleading estimates from BP
and then [...]

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History Repeats?

“We do believe the recovery is strong.”

While rising debt levels are a risk to growth, mainly in Europe,
authorities in the region “are now really committed to solve it”
and “the problem has been contained.”

Dominique Strauss-Kahn
Bloomberg, June 10, 2010

Statements by high officials are practically always misleading
when they are designed to bolster a falling market

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