Recovering from Obamacare

During a Fox News interview HHS Secretary Azar claimed that “every single promise” of Obamacare was broken throughout the policy’s implementation . The former president received Politifact’s “Lie of the Year” award for his promotional efforts. He got that award for promising that Americans would be able to keep their doctor under the ACA. Slick … Read more

Warning: Debt Can Be Hazardous to Your Healthcare

Our economy is strong, but is the national debt likely to bring it down? Our current strong economic growth masks a dangerous hazard; one which can lead to America’s downfall. Left unchecked, debt threatens the prosperity of future generations. According to recent polling by Peter G. Peterson Foundation most Americans agree: “Future generations will be … Read more

Debt Service = Defense Spending???

Federal spending this year is already more than $3 trillion. That’s ignorant. Congress is drunk on spending. 2019 is setting yet another new record for out of control spending. Guess what… Congress is once again coming up on an appropriations deal impasse. Surprise, surprise, surprise! Let the shutdown hysteria begin. We are entering the hyperbole … Read more

Renewable Portfolio Standards Are Bad For Your Future

Have you ever wondered why we need Renewable Portfolio Standards (RPS)? You pay extra for it in your electric bill every month. RPS is regulation with the force of law. It requires the increased production of energy from renewable energy sources. RPS is what subsidizes wind, solar, biomass, and geothermal. It accomplishes this by placing … Read more

horses

Quick Shot: How To Profit in Your Green New Deal Future: Invest in Horses, Timber, and Wool

The Green New Deal future is dark. It has to be. There will never be enough electricity. So candles might be a good investment. But if you are ready to buy in on the reality of it, I’d suggest putting your money into horses (transportation), Timber (heat), and Wool (warm clothing).

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“Creative Destruction” – the end of my beginning. The beginning of my middle.

Creative Destruction:

Joseph Schumpeter (1883-1950) first coined creative destruction in his work, Capitalism, Socialism, and Democracy.  It refers to the process in which technology and innovation create new ways of doing things and, in the process, leave the old ways behind. Technological innovation might destroy entire businesses, industries, or streams of employment while allowing new enterprises to grow in their wake. Schumpeter believed the process of creative destruction, “which essentially revolutionizes the economic structure from within” was the hallmark of capitalism. Marx originally hinted at this idea in Das Capital when he stated that, “the violent destruction of capital was not by relations external to it, but rather as a condition of self preservation.” In a nutshell, Marx believed that the “destruction of capital” was necessary for a blossoming capitalist system.

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