I was recently talking with some friends about the economic headlines streaming out of Europe. Since my friends aren’t really followers of economic and political trends, there was a sense of puzzlement when the word “austerity” came up. Their reaction, “What does that mean, exactly?” Interestingly, the puzzling looks continue to crop up more and [read more]
If you look beyond the surface of the global financial crises — beyond what the mainstream media feeds us — you will truly begin to see the magnitude of the current dilemma. The troubles in Greece seem a world away … but in reality, they are much closer to home than any of us realize. [read more]
As the global economy cycles through the worst growth in half a century … Entrepreneurs, both Hero and Heroine, will be at the center of any true recovery. And rightfully so. Its the ability of the entrepreneur to see an unmet need in society, have the desire to meet that need, and the courage to make it [read more]
You’ve likely heard the phrase “I have more month than money.” It’s usually said informally by someone who is on a tight budget or might be struggling a bit financially. And if your budget is on a monthly basis, this illustration this makes total sense. What if you’re not on a monthly budget, but rather [read more]
Both the House and Senate have introduced legislation that seeks to replace the dollar bill with a $1 coin. At first blush, it almost seems like a silly proposition … and after taking a deeper look … you’ll see that it is! Sen. Mike Enzi (R-Wyo.), said. “Change can be difficult. But doing things as [read more]
Dr. Neil deGrasse Tyson, a highly regarded astrophysicist, makes a compelling case for redistributing the way Washington spends our tax dollars. He claims that the decisions Congress is making today do not factor in our “tomorrow.” He contends that Congress is merely playing to the quarterly-report and next-election cycles. And the $850 billion in bank [read more]
In a recent post for the Sound Dollar Campaign I pointed out how the Federal Reserve of New York had to adjust their numbers on the size of U.S. student-loan debt. And it wouldn’t have been a big deal, except for the fact they adjusted the numbers upward by a whopping $295 billion, or 53.7%! Now [read more]
The federal budget proposed by the current administration … with its estimated tax revenues, massive debts, legacy entitlements and many other line items … is a complex MESS of numbers. So, in order to better understand what’s really going on, the ever-inquisitive John Stossel has taken the liberty of breaking down the budget—family style. Fair warning: you [read more]
I find it interesting that the word “minister” is often used to describe positions of leadership in both the state and the church. While the U.S. government doesn’t use the title of “minister” for functions of the state, the title still caries considerable weight and power. For instance, the Prime Minister of a country typically [read more]
“… the People who once upon a time handed out military command, high civil office, legions — everything, now restrains itself and anxiously hopes for just two things: bread and circuses.” Juvenal, Satire X (circa 100 AD ) In this quote from “Satire X,” the Roman poet Juvenal observes two tenets of Roman society … not long [read more]
