|
|||||
|
How to reduce expenses and debt – whether you are responsible for a country or you are the head of a household, you are looking for ways to cut back on spending and borrow less money. We’re all sharing a common experience affecting cash flow – The Great Debt Contraction. So how do you look Continue reading Expenses and Debt – Adjusting to the Great Debt Contraction On October 18, 2007 , Harvey Rosenblum wrote an op-ed piece in the Wall Street Journal titled “Fed Policy and Moral Hazard.” Mr. Rosenblum was aiming his thoughts toward the Federal Reserve and the “Bernanke put”, citing support for further fed easing in light of few signs of inflation. Tucked inside his contribution to that day’s Continue reading Spend, Save and Invest – Our Moral Hazard Rich Karlgaard (Forbes publisher) eloquently shares his view on why we can’t have multiculturalism as we have it today and also have the rich willing to pay more than their fair share. Rich Karlgaard: Since the 1960s, American and European lefties have wanted two things that are inherently in conflict in a free society. One is greater Continue reading Multiculturalism and the Unwillingness of the Rich to Pay More Than Their Fair Share Last year, Mohamed El-Erian, CEO of PIMCO, the influential bond shop, declared a “new normal,” a global realignment in which the U.S. consumer, no longer a hungry monster, became cautious and subdued. The current circumstances might be better described as the new abnormal, in which no one knows anything. In June the Conference Board Consumer Confidence Continue reading The New Abnormal: Consumer Psychology – Whether to Spend or Save Family Vacations provide togetherness. They offer happiness. They provide good memories. A family vacation is an experience that can be had at a cost that covers a wide range. A family can spend a week at a state park for just a couple of hundred dollars. Or they can spend thousands of dollars to travel to a Continue reading Family Vacation: Rich Experiences Don’t Have to Cost a Lot of Money We all want, or need, to change from time to time. Sometimes it’s a minor change. For others, it requires massive transformation. Most of us know all too well how easy it is to give up, to conclude it’s not worth the effort. Our desire to change can run the gamut from losing weight, eating healthier Continue reading Change: Making Self-Improvements on the Prosperity Trek With growing federal deficits it’s natural that tax rates are going to climb and that the federal government will look for new sources of tax receipts. It’s natural that the Federal government will continue the exercise started with the recent health care reform to find opportunities to tax the rich. And it may be natural that the Continue reading Tax The Rich? But What If The Rich Start To Leave? The Puritan Work Ethic values of working hard helped make the U. S. a highly productive and wealthy society. Max Weber, in his 1930 book The Protestant Work Ethic and the Spirit of Capitalism, demonstrated how that work ethic made specific countries prosperous. Fast forward to 2010. Economist Casey Mulligan at the University of Chicago points out Continue reading Hiring Disincentives and Unemployment Incentives – The Demise of the American Work Ethic? |
 |
||||
|
Copyright © 2012 Prosperity Concierge - All Rights Reserved Terms of Use | About Prosperity Concierge | RSS Posts Feed |
|||||
