Entrepreneurs Hold the Solutions for Market Problems
Entrepreneurs and innovators are the key to solving social and material problems. Rather than being met with fines, fees, and regulations, governments should be facilitating their integration… even if that means getting out of the way. August 13, 2018 By: Bobby Casey, Managing Director GWP It seems like whenever an entrepreneur discovers a market demand and decides to build a little business around it, some busybody swoops in and heroically dashes any hope of that solution going unpunished. As a small business entrepreneur, this is … [Read More...]
Growing Demand for Stable Currency Shows World is Ready for Crypto
Crypto offers a decentralized and potentially stable alternative to individuals, businesses and countries away from the traditional fiat currencies. August 6, 2018 By: Bobby Casey, Managing Director GWP I think there might be a subtle directional pull toward sound money. I realize that claim oozes with commitment issues, but it’s not reluctant. The abuse by major reserve holders like the US has given the rest of the world little choice but to turn to other forms of currency, and in so doing, they seem to be migrating toward first … [Read More...]
IRS Can Revoke Passports
The IRS is not only inefficient, it is ruthless and calculating. Prepare to go through the IRS to leave the country! July 30, 2018 By: Bobby Casey, Managing Director GWP The IRS is the collections agency of Congress. Whereas in MOST cases you owe someone money for goods, services, or because you deliberately took out a loan; in the case of the US Government, you owe money for simply being productive. So, in addition to the US being $21 trillion in debt, individuals are also in debt the moment they earn a dollar. The irony of the … [Read More...]
TSA Enjoys Double Standard When Violating Civil Liberties
The latest ruling from the US Circuit Court of Appeals confirms that not only is there an egregious double standard in how the TSA comports itself, but in some cases, material possessions have more protection under the law than your physical person. July 23,2018 By: Bobby Casey, Managing Director GWP I’ve long criticized the double standards of the government. If I hold you up at gun-point and demand 25% of your income, with the promise that some of it might help someone out, I’m charged with armed robbery. The IRS – a private entity … [Read More...]
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 are places in the world where this has happened or is currently happening. In the United States, one of … [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...]
