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

Was it justifiable for the baby boom and their elders, to promise themselves tens of trillions of unfunded benefits, like Social Security, Medicare and Medicaid, for future generations to pay for?

Why would some of one generation

want to covertly confiscate another’s wealth?

 

It is grossly irresponsible for the baby boom generation

 to expect [...]

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Reason Foundation from Wall Street Journal: China Real Estate Bubble? Profound.

China’s Looming Real-Estate Bubble

A massive Keynesian spending program has misallocated capital and set the stage for a crisis.

…there is mounting evidence that Beijing has misallocated vast amounts of capital, touching off a real-estate crisis that could yet drag the world’s second-largest economy down to earth.

When the global marketplace went into meltdown mode two years ago [...]

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Why isn't the the government testing for Mercury etc..., from the oil spill in the Gulf of Mexico?

FDA Not Testing Gulf Seafood for Mercury, Arsenic or Other Heavy Metals Because “We Do Not Expect to See an Increase Based on this Spill”

Congressman Markey’s subcomittee…got the Food and Drug Administration to admit that fish are not being tested from oiled areas…

The FDA also admitted that it is not testing for mercury, arsenic or [...]

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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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Are we collectively bankrupt?

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 [...]

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Pension and Retirement Statistics

…America’s 100 largest corporate pension plans
were underfunded by $217 billion at the end of 2008.

The Pension Benefit Guaranty Corporation
says that the number of pensions at risk inside failing companies
more than tripled during the recession.

…state and local government bodies in the state of California
have $325 billion in combined unfunded pension liabilities

…it comes [...]

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If there’s more than $12.5 Trillion in Federal Debt as of March 31, 2010, and there’s less than $8.5 trillion held by the public, where’s the rest?

http://research.stlouisfed.org/fred2/graph/?chart_type=bar&s[1][id]=GFDEBTN

http://research.stlouisfed.org/fred2/graph/?chart_type=bar&s[1][id]=FYGFDPUN

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Geo-Politics and business is Zugzwang

Zugzwang…describes a situation where one player is put at a disadvantage because he has to make a move – the player would prefer to pass and make no move. The fact that the player must make a move means that his position will be significantly weaker than the hypothetical one in which it [...]

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On Resource War

Calling All Future-Eaters

The human species during its brief time on Earth has exhibited a remarkable capacity to kill itself off.

 The Cro-Magnons dispatched the gentler Neanderthals.

The conquistadors, with the help of smallpox, decimated the native populations in the Americas.

Modern industrial warfare in the 20th century took at least 100 million lives, most of them civilians.

…Homo sapiens, [...]

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Why have US consumers increased debt by almost $400 billion in less than a year?

Human beings are… of two persuasions
the first would spend tomorrow what they earn today
the second would spend today what they hope to earn tomorrow

From this…arise all conflicts that lead to economic crises
to panics, depressions, violent and revolutionary transfers of wealth
and perhaps most wars

Freeman Tilden

There is no means [...]

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