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Wealth

My Fellow Americans, Are You Enjoying All That New Found Wealth?

What’s the crazy old man in Venezuela talking about, you ask? Well, according to our government, as of 8:30 am last Wednesday, all Americans (as a whole) are $300 billion dollars richer than when you went to bed the night before. But, you don’t feel any richer, do you? That’s because you’re not. You are theoretically richer because your government, in its infinite wisdom, decided to change the way they measure wealth creation,i.e., the way the nation’s GDP is calculated and they  have gone back and rewritten history as far back as 1929. A.Z. Leader at the Inform the Pundits […]

Election 2012: What Went Wrong?

So President Barack Obama won Election 2012. What went wrong? Some people will go small and point towards factors such as the Chris Christie and Colin Powell’s backstabbing, a chance hurricane, a weak third debate from Romney, Romney’s unforced Jeep mistake, or the power of the ground game. But I think the what went wrong is something much bigger than this. In my post Has America Passed the Point of No Return (ie, 50.1%+ Dependency on Government)? I quotes an article by John Hinderaker over at Powerline blog calledWhy Is This Election Close?: …On paper, given Obama’s record, this election should be a […]

Conservative Policies Lead Canada to Pass Increasingly Liberal America in Household Wealth

One of my undergraduate degrees is in International Relations and through this I began to study other nations and their public policies. Over the years, I have continued to follow the politics of other nations- my post on Yulia Tymoshenko, former PM of Ukraine, is one of my most popular posts. And of course I live a short distance from the great nation of Canada, so it was with great interest that I read the story of how Canadians are now more wealthy than Americans. Here is the important data: …In 2011 the net worth of the average Canadian household was […]

CH 2.0 Video: Wealth Creation 101

Right Hand Man made me aware of this very good video clip about wealth creation.  I watched it and found it to be outstanding.  If you have about 10 minutes it is worth the watch. So the next time you hear a progressive/Marxist or even a Democrat bashing our free market system and making the claim that capitalism has failed us direct them to this video. They might actually learn something. They may actually wake up and wipe the progressive sleep from their eyes and see things in a different light. Or they may not. Liberty forever, freedom for all! […]