Global Response to Erratic US Policies
The global response to erratic US policies is to find a way to walk away from the US and the US dollar. July 16, 2018 By: Bobby Casey, Managing Director GWP There’s been a lot of criticism on my end toward Trump’s economic policies both domestically and internationally. And for the most part, I’ve focused on the domestic consequences. The consequences are immense, without a doubt. But the international response is worth examining. When dealing with an economy as large as the United States, we naturally expect their policies to … [Read More...]
The Tatiana Show
July 12, 2018 Bobby Casey joins Tatiana Moroz and a panel of guests (including DJ Scrilla and Cynthia Gayton) to discuss entrepreneurship and tech, smart contracts, decentralized blockchain, voluntary cooperation, and artists tokenized benefits. Please enjoy the discussion and feel free to comment below! Thank you, and live well! … [Read More...]
Can Americans Afford Trump’s Economic Plans?
Saving jobs Americans either can’t or won’t do, and bailing industries out hardly sounds like a return to American greatness. July 9, 2018 By: Bobby Casey, Managing Director GWP As Trump’s “MAGA” economy unfolds, I’m left with a lot more questions than answers. For those who are enamored with his economic policies, it’s important to note that they are not new ideas. They are repackaged old ideas that failed in the not that distant past. Those who know that bit of history, are preparing for the effects. Those who don’t, won’t know what … [Read More...]
SCOTUS to Hear Case on Excessive Asset Forfeiture
After 20 years the SCOTUS agrees to hear a case regarding asset forfeiture. The ruling could introduce some checks and balances to a very corrupt and devastating government scheme. July 2, 2018 By: Bobby Casey, Managing Director GWP Asset forfeiture is a nightmare that plagues the US legal system. It is the presumption of guilt of an individual’s inanimate property. So even if the individual is not charged with a crime or is later found not guilty of a crime, the property remains in the hands of the government, often parceled off in a … [Read More...]
What About Inflation Mr. President?
Crackdown on immigration and a bitter trade war involving billions in tariffs leave president struggling with inflation and restrains economic progress. June 25, 2018 By: Bobby Casey, Managing Director GWP Only last weekend we talked about the pending decision from the SCOTUS regarding the enforcement of online state sales tax, and a few days later we find out they ruled against small business and in favor of state theft. Trump welcomed the ruling as a “win” for businesses and customers. Unless he’s taking cues from Bernie Sanders … [Read More...]
Coming SCOTUS Decision on Sales Tax Could Make or Break Small Businesses in the US
A June SCOTUS decision on South Dakota v Wayfair could overturn Quill Corp v North Dakota imposing sales tax compliance regulations that can make or break small businesses! June 18, 2018 By: Bobby Casey, Managing Director GWP The Market Fairness Act we wrote about back in 2013 has made it to the Supreme Court, and this could decide the future for many small businesses online. Aside from the minimum wage battle happening in many “blue” states and cities, there is also an on-going tax battle. Small businesses make up a large percentage … [Read More...]
Medicare and Social Security to be Insolvent Sooner Than Expected
40% of the US economy is about to become insolvent in the next sixteen years, and neither Congress nor the President has lifted a finger to do anything about Medicare and Social Security. June 11, 218 By: Bobby Casey, Managing Director GWP Margaret Thatcher wasn’t wrong when she observed that the biggest problem with socialism is that at some point, you run out of other people’s money: and that is PRECISELY what’s happening with Medicare and Social Security. Let me get in before the initial line of defense: “People who collect on … [Read More...]
TSA Establishes Secret Watchlist of Travelers
The TSA is grasping at straws to find some justification for its existence, and establishing a “secret watchlist” of travelers is the latest protocol to be adopted. June 4, 2018 By: Bobby Casey, Managing Director GWP The TSA is at it again, trying to make itself relevant in the face of the overwhelming evidence that they are not. My lifestyle and businesses have me flying all over the world, and my visits to the US are tedious when it comes to the TSA. (Lest we forget the notorious Belt Buckle Incident of 2013! Good times.) Anyone who … [Read More...]
US Auto Industry Could Suffer from Trump Protectionism
The protectionism blows just keep on comin’ as Trump eyes imported cars as his next tariff target. May 28, 2018 By: Bobby Casey, GWP Managing Director Donald Trump is a dyed in the wool protectionist; the likes of which will have a devastating effect on the US economy as well the rest of the world. The US regulatory regime alone, is already economically debilitating. Trump’s steel tariffs were supposed to SAVE steel worker jobs. Yet, that’s not what is happening in Youngstown, PA at all. Their employment is down 1.6%. Even in areas … [Read More...]
Seizing Power and Property Leads to Destruction and Poverty
When populism leads to seizing power and property in defiance of market forces, you inevitably wind up with destruction and poverty. May 21, 2018 By: Bobby Casey, Managing Director GWP The world is watching as supposed economic “underdogs” are seizing the means of production from their alleged oppressors. All I see is accelerated collapse. No different than the 13 year old overthrowing the household to make things “fair”, there places in the world where has happened or are currently happening. In the United States, one of the most … [Read More...]
Trump Backs out of Iran Deal Costing Billions to Businesses
Trump's decision to back out of the nuclear deal with Iran and reinstate sanctions on the Islamic Republic, was not well received by businesses or partner nations in the accord... including China. May 14, 2018 By: Bobby Casey, Managing Director GWP Just shy of three years ago, we did an article called “An Unsanctioned Iran?”. A little over a month after that, an accord was reach by the Obama Administration to lift the trade sanctions on Iran. And less than a week ago, Trump undid all of that, insisting upon a deal with permanent limits … [Read More...]
Is There No Incentive to End Wars & Cure Diseases?
In a system rooted in cronyism, is there any incentive to solve problems rather than protract them? May 7, 2017 By: Bobby Casey, Managing Director GWP The United States’ political class sold its citizenry a bill of goods: that ending war and disease comes with the destruction of Western economy as we know it. It’s never been said in those words, of course. But it is absolutely spoken through policy and press. The United States on average has been at peace for about one month out of every year since her inception. Imagine fighting … [Read More...]
Socialism Comes at the Cost of Individual Freedom
Socialism is the racket that over promises and under delivers, but when it inevitably fails to keep its promises, it comes at the cost of individual freedom. April 30, 2018 By: Bobby Casey, Managing Director GWP Capitalists are often admonished for being heartless and uncaring because they flatly reject socialist solutions to economic and social problems. It’s not that we disagree on the identity of the problem. In fact, we are often in agreement. Capitalists don’t thrive on ignorance, violence and poverty. It’s the epitome of … [Read More...]
State Licensure Requirements Keep the Poor Down
Licensure requirements keep the poor from enjoying upward mobility as one of many barriers to entry into the market place. April 23, 2018 By: Bobby Casey, Managing Director GWP Despite all the regulatory rigging by governments big and small around the world, we are all living in an era of unprecedented prosperity! Talk about an inconvenient truth! While mainstream politicians and media outlets would want everyone encumbered with the false corollary that “the rich are getting richer and the poor getting poorer”, the fact is, one has … [Read More...]
China Makes Its Way into Oil Futures with Petro-Yuan
China and its petro-yuan are positioning themselves to give the United States a run for its petrodollar. April 16, 2018 By: Bobby Casey, Managing Director GWP The United States has not been doing itself any favors in terms of foreign relations. We have covered quite a few instances where China and Russia have collaborated with one another to work around the United States. And can you blame them? The US has been quite hostile between its sanctions and tariffs. For a country that is supposed to embrace free markets, the US has been a … [Read More...]
