A World in Transition June 2011 By Tom Cammack, CFA, CPA Author of INFLATION NATION "It should never be forgotten that the one decisive factor in the rise of totalitarianism on the Continent, which is yet absent in England and America, is the existence of a large, recently dispossessed middle class." The Road to Serfdom, Chapter 13, F.A. Hayek, 1944. This is Part I of a series that discusses long-term trends that should continue in 2011 and beyond. This article … [Read more...]
This Is Federal, Not State The simple explanation for the mystery is that Wisconsin's ability to balance its budgets in the recent past, and the looming fiscal catastrophe in the future, are both arguably primarily federal issues rather than state issues. Therefore, instead of looking to past and current governors, we must instead look to the President and Congress. We'll touch on a few highlights here that are covered in more detail in other articles, most particularly in "Hiding … [Read more...]
