The Faults with Capitalism In my blog of March 13, 2011, as part of a series of 10 recommendations to improve our economic system, I spoke to the impropriety of public servants leaving public service and immediately becoming highly paid “consultants” or “lobbyists”. The Effects of Government Intervention and a Review Cymorfund’s Track Record for… Continue reading Ron Paul on Lobbyists & The Faults With Capitalism
Tag: Punish economic crime
Capitalism Needs Tweaking – Point #9 of 10 (cont’d)– The Abuse of Tax Havens – Economic Terrorists
In my blog of December 9, 2010, I pointed out how our capitalist society suffers from dramatic up and down cycles that rob the middle class of their wealth and earnings. I suggested 10 points that would very much moderate these cycles and bring about a far better capitalist society. This is the 9th of… Continue reading Capitalism Needs Tweaking – Point #9 of 10 (cont’d)– The Abuse of Tax Havens – Economic Terrorists
The Tipping Point – When the Cost of Rules and Regulations Exceed Their Benefit
Are we really applying common sense to the way we govern, or are we laying the seeds of our own destruction? The issue here is that free society continually strives to protect the rights of the individual in the belief that if we protect each of us individually, then we protect society against dictators, despots… Continue reading The Tipping Point – When the Cost of Rules and Regulations Exceed Their Benefit
Protecting our Rights – the Tipping Point When the Cost of Rules and Regulations Exceed Their Benefit
Supposed Basic Rights in Democratic Societies In democratic societies, we feel that we have a moral obligation to protect the rights of the individual. This basic belief pervades most of our rational thought and puts a slant on many of our decisions. If only life were that simple; that one concept was universally applicable. Unfortunately,… Continue reading Protecting our Rights – the Tipping Point When the Cost of Rules and Regulations Exceed Their Benefit
A Call For Less Bureaucracy and More Private Enterprise
New US Government Employees Republicans in the US claim to be fighting for a reduction in the US deficit. As part of this initiative, they claim that included in the Obama recovery funding was the hiring of 250,000 new government employees, whose function is to regulate and oversee business, financial, medical and other aspects of… Continue reading A Call For Less Bureaucracy and More Private Enterprise
Invest in Safe Jurisdictions – Measure Risk
Length of Cymor Blogs Comments have been made that our blogs are a bit too long and that readers lose interest because of their length. We will attempt a shorter version for a while. We appreciate comments on this matter. Safe Jurisdictions One of the basic tenets of the investing policies of the CymorFund is… Continue reading Invest in Safe Jurisdictions – Measure Risk
Capitalism Needs Tweeking – 10 Corrective Measures Needed
In my blog of December 9, 2010, I listed 10 main changes needed to the Capitalist system. I am a capitalist, but I recognize the need for change. The severity of the economic meltdown and the outrageous extravagance of those taking advantage of Capitalism, makes change so very necessary. One can point to many faults,… Continue reading Capitalism Needs Tweeking – 10 Corrective Measures Needed
What is Wrong with Capitalism – #2 of 10 Checklist of Dec 9/10 – Lack of Warranty
A Warranty is normally attached to a product, except in the Financial Industry The Lack of Warranty attached to Financial Investments. Buying a car means whoever sold you the car stands behind the car. The financial system works on the opposite principle. BUYER BEWARE ! Money is Earned by Your Advisor When you Buy Something… Continue reading What is Wrong with Capitalism – #2 of 10 Checklist of Dec 9/10 – Lack of Warranty
The Financial Meltdown was Avoidable – What is Capitalism?
In a recent blog, I tried to give an overview of what happened and why it happened. In writing that blog, it occurred to me that the subject of how to avoid future similar meltdowns is about as confused in the public’s minds as to the reasons why the meltdown occurred. If you Understand Why… Continue reading The Financial Meltdown was Avoidable – What is Capitalism?
The Sheer Size of the Fiscal Bailouts Prevents Observers from Understanding What is Happening
Follow the Historical Cycles There have always been cycles and there always will be cycles unless new massive regulation takes over that moderates the ability of Wall St, or the NEW Wall Street (wherever that may be) from making money. Essentially the money traders find a new thing to trade or to promote and they… Continue reading The Sheer Size of the Fiscal Bailouts Prevents Observers from Understanding What is Happening