Tuesday, February 21, 2012
Regulations Harm Small Business and Protects Corporations
The prospects for conducting commerce are never an easy task. The hurdles to start a business much less stay competitive
demands the greatest skill and fortitude. Innovation and inspiration often is the best course for those bold enough to become
an employer. The idea that a level playing field exists for all comers is preposterous. The entire macrocosm for business
rests upon separating your enterprise from that of your rivalries. Such is a basic lesson for those brave or foolish enough
to enter the arena.
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Tuesday, February 14, 2012
David Stockman's Viewpoint on the Obama Budget Disaster
Passing a Federal Budget is a rarity, especially under the administration of a committed Marxist. The Democratic Senate’s
strangle hold on bringing up legislation, particularly a budget, goes without saying. What makes this new budget for 2013
any different? This time the day of reckoning hits hard the first of the next year. The recent interview with David Stockman
on the Fox Business channel with Neil Cavuto is an extraordinary analysis why the economy will absorb a frightful tax increase all at one time. The fallout
to commerce could become the real end of the world scenario. Take the time and watch the insightful observations from a courageous
number cruncher who served this nation with distinction during the Reagan Presidency.
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Tuesday, February 7, 2012
Banking, Housing and Mortgages
The primary players that caused the housing bubble are:
1) The banking institutions that bundled and sold very risky
mortgages
2) The Wall Street firms that bought these instruments and hedged for a default hazard by booking speculative
derivative insurance that could never pay off on massive defaults
3) Fannie Mae and Freddie Mac provided government
backing, of last resort, on bad mortgages
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Tuesday, January 31, 2012
International Business - Davos Style
The first lesson of international business is that the monopolies that drive the commercial trading system only hold loyalty
to the god of capital. Making money means retaining a profit on trading transactions of business companies. The notion of
MAKING MONEY means something very different to the financial empires that speculate on currencies, commodities, bonds and
equities. When the two worlds come together to celebrate the common interest of their pirate culture, the Davos port of call,
is a necessary winter holiday.
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Tuesday, January 24, 2012
Rational Tariffs Lower Irrational Trade Deficits
As historical memory diminishes and the lessons of past centuries are forgotten, the practice of systematically destroying
economic independence grows. Forget about real prosperity, the concept of interdependence, coined in popular parlances by
the Trilateral Commission, has made the United States economy a post industrial dependency and a bankrupt debtor. The global
corporatists despise protective tariffs because these excise taxes must be paid by foreign manufacturing enterprises. Since
the rush to escape American shores, the transnational ventures seek not just cheap labor, but scheme to evade any effective
regulations for the paradise of third world exploitation.
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Tuesday, January 17, 2012
Right to Work vs Union State Economies
Unions exert their political muscle whenever state politicians advance the practice of right to work legislation. Small
business enterprises are the first causality in states that require unionization of the workforce to qualify for government
contracts. The underlying assumption that Statist proponents of high cost labor benefits workers is a false conclusion. The
political class seeks to guarantee the generous flow of campaign contributions for their willingness to exclude entrepreneurial
ventures, which hire from the unemployed and build solid business enterprises.
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Tuesday, January 10, 2012
Shop the Local Merchant Economy
Buying at large box stores is a way of life for many
consumers. Wal-Mart, Home Depot and Target are routine locations to spend your hard-earned dollars on items of necessity.
However, what happens to the profits when the sale is completed and the bills are paid? Does the money stay in the local community,
where the transactions are generated, or are they filtered off to the treasury of public companies that dominate the economy?
The pitiful answer, well known to the chagrin of the small business enterprises, is a prime reason why the middle class is
vanishing.
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Tuesday, January 3, 2012
US Economic Forecast for 2012 and the Election Year Cycle
When it comes to business cycles, the former rules no longer seem to apply. The seminal events that changed the economic
landscape after the 2008 financial crash still points to an uncertain future and marginal recovery. If you watch CNBC or Bloomberg
business news, you hear that a modest recovery is in place. Accepting this kind of reporting may temporarily make you feel
better, but in the real economy, the prospects for a rebound are mere fiction. Prosperity only exists for the chums of the
insider financial system, who are immune from actual market conditions. Under the privileged and favoritism model, political
subsidies and bailouts are more important than creative industry or innovative execution.
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