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"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
"What Could Happen September 2, 2010 8:15am to 4:30pm Drury Inn & Suites,
415 W. T Harris Boulevard
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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
Government spending is the ultimate tax on the economy Milton Friedman The possibility of a bankruptcy filing by the city of Harrisburg, Pa., Kate Kelly Ponzi finance units must increase its outstanding debt Print This Post
Illusions commend themselves to us We must therefore accept it…when they…collide with a bit of reality Sigmund Freud “Hungary’s forint weakened against the euro, Print This Post
There is no means of avoiding the final collapse of a boom The question is only whether the crisis should come sooner Ludwig von Mises The state rejected all [...] 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
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
…while stimulus may have helped avert crisis, the process made clear that crony capitalism is alive and well. …more stratified, more complex societies are in essence Kleptocracies, where those in power re-distribute societal wealth to themselves. Those at the bottom of the society’s pyramid accept this unequal, non-egalitarian state of affairs because they too benefit from [...] Print This Post
…As Americans, I believe we reject Communism because it historically has allowed a tiny group of people to consolidate complete control over national resources (including people), in the process stifling competition, freedom and choice. …a culture of exploitation and a small powerbase formed by cronyism and nepotism are the hallmarks of a communist system that steals [...] 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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