Ziad K Abdelnour
This nation was founded on the principle of wealth creation. As a young Henry Clay said in the House of Representatives in 1812, “It [wealth creation] is a passion as unconquerable as any with which nature has endowed us. You may attempt to regulate—you cannot destroy it.” That is supposed to be the federal government’s primary objective. It is supposed to promote the creation of an environment conducive to the creation of wealth—not job creation, not bailouts, not subsidies, not expansion of the federal bureaucracy, and not providing lifetime support to those who choose not to take advantage of the innumerable opportunities that exist in this nation for them to create a better, more productive life for themselves.
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New insights for investors and business people looking to create wealth in the turbulent post-crisis world In a no holds barred expose of the 2008 financial meltdown from the inside, Ziad K. Abdelnour argues that the political and financial elites have done nothing to fix the structural problems and instead have worsened the situation. By creating more market bubbles, they are actually waging a war on the most productive members of society.
For investors, business people, and entrepreneurs that need to navigate the troubled geopolitical waters of the post-crisis world, Abdelnour offers several solutions, including looking at the world anew and understanding that the federal government’s primary objective is to promote the creation of an environment conducive to the creation of wealth not job creation, not bailouts, not subsidies, not expansion of the federal bureaucracy, and not providing lifetime support to those who choose not to take advantage of the innumerable opportunities that exist in this nation for them to create a better, more productive life for themselves.
Continue Reading: Capital
Have we learned anything from the Financial Crisis?
I would say nothing at all…. In fact, instead of changing their behavior to prevent another crisis regarding finance, the Powers-that-be seem to be doubling down on the strategies that Caused the Financial Crisis in the First Place
Liberals blame deregulation and reckless Wall Street greed for the economic crisis. Conservatives blame bad government policy.
What are they doing? Well here again…. they are:
1. Pushing banks to make home loans to people with weaker credit (sound familiar?)
2. Deregulating and even promoting insane levels of derivatives (ring a bell?)
3. Following policies which lead to rampant inequality (that didn’t work out so well last time)
4. Letting white collar criminals know that they have free rein to do whatever they want, and they won’t be prosecuted (once again)
5. Letting the giant banks get bigger and bigger (the government helped them get big in the first place)
Continue Reading: Financial Crisis
The mission of the Financial Policy Council Inc. (“FPC”) is to formulate and promote sound public policy based on the principles of free enterprise and wealth creation as envisioned by the ideals of the American Founding Fathers. FPC is a public policy-oriented organization which seeks to educate and inform the public about economic and fiscal matters.
Continue Reading……Renewable Energy