ChrisBanescu.com

8/23/2010 – Jeffrey Folks -
During the same week in which the president was vacationing in a $50,000-per-night home in Martha’s Vineyard, half a million Americans were standing in line, waiting their turn to apply for unemployment benefits. Those benefits are about $400 a week, not enough to put food on the table, pay the mortgage [...]

America’s economic situation needs an emergency heart transplant, but Obama and the Democrats keep offering band-aids instead. We need a major change in government economic, tax, and fiscal policies not more government bailouts. Yet the president is doing nothing to reverse the enormous uncertainty fostered by his own administration’s aggressive anti-business and pro [...]

8/16/2010 – Henry Oliner -
John Galt is the mysterious hero lurking in the background in Ayn Rand’s infamous novel, Atlas Shrugged. He is the industrialist who went into hiding and led a strike of producers fed up with the physical and moral encroachment from a government of moral supremacists who rationalized theft with childish notions [...]

From the archived pages of Imprimis, the monthly speech digest of Hillsdale College, President Ronald Reagan reminds us that economic freedom is an absolute necessity not only for political freedom, but for all freedom. That freedom must be fought for and protected in every generation. That the business community must join this fight [...]

In what can only be described as a partisan, pro-Obama puff piece, The New York Times has now proclaimed on its Economix Blog that tax increases are the best way to “stimulate” our economy and help America reach “fiscal sustainability”:
The single biggest step our government could take this year to address the structural deficit would [...]

President Obama has pledged more of your money to protect the unions and secure their vote. The administration demanded and got $26 billion taxpayer dollars to spare 300,000 teachers and other public workers from the unemployment lines.
The hundreds of billions of taxpayer money already spent by Obama and the Democrats since 2009 to pay [...]

8/8/2010 – Shawn Graham -
For most of my adult life, I was incredibly easy to read. I wore my heart, and most of my facial expressions, on my sleeve. On occasion, that wasn’t necessarily a bad thing. Other times, such as in my high school English class where the teacher threw note cards at me [...]

8/6/2010 – Vasko Kohlmayer -
Nothing can save our financial system in the long run. It is doomed to collapse. This is inevitable, because our government controls and manages its very foundation — the dollar.
The federal government began its takeover of the dollar in 1913 when it established the Federal Reserve Banking System. Prior [...]

7/29/2010 – Christine M. Riordan -
Micromanage. A dreaded word. The dictionary defines it as “to direct or control in a detailed, often meddlesome manner.” Most popular management books call it something to avoid at all costs and give decisive tips on how not to do it.
As a professor of management, I often talk about empowering [...]

7/26/2010 – Brett Arends -
The Dow plummeted nearly 800 points a few weeks ago — and then just as dramatically rocketed back up again. The widely watched market indicator is down 7% from where it stood in April and up 59% from where it was at its 2009 nadir.
These kinds of stomach-churning swings are testing [...]

7/24/2010 – Henry Oliner -
Karl Marx understood that capitalism is intrinsically productive but saw an inherent unfairness in any value other than that provided by labor. Marx also understood that individual incentives to produce would inevitably lead to overproduction and painful contractions. To avoid these contractions and their impact on labor costs, he believed the [...]

7/12/2010 – Clayton M. Christensen & Michael B. Horn -
Classrooms are giving way to online learning–forever.
School is out, and for most students enjoying their midsummer pleasures, class time is a distant memory. Changes are underway that make it likely to stay that way. The schools students return to in the fall will look quite different [...]

7/9/2010 – Liz Ryan -
Reigns of modest but palpable terror are making an unwelcome return at offices all over the country
The U.S. financial crisis has caused fear in the boardroom, and that unease trickles down to every worker. The principal signs of a fear-soaked senior leadership are a preoccupation with looking out for [...]

6/30/2010 – John Stossel -
For all its problems, America is a great place. And one thing that makes America great is its prosperity. Yes, some people have suffered during the recession — but compared to all the other countries in the history of the world, America is rich. Why?
One reason is that America is a [...]

Steve Wynn, the American entrepreneur and casino resort/real-estate developer, was recently interviewed by CNBC for the opening of his new Encore Beach Club in Las Vegas. During the questions and answers session with the correspondent, the billionaire business owner addressed some of the most serious problems American companies face and the incompetent manner in which [...]

6/17/2010 – Christopher Steiner and Brett Nelson -
Entrepreneurs can’t completely inoculate their businesses from the vagaries of the market. What they can do is wrestle with the fundamental questions that govern the fate of any enterprise. We’ve done our best to compile the 20 most important ones.
Digging for those answers is a grueling exercise–one that [...]

6/8/2010 – Robert Frank -
In his Wall Street Journal op-ed Monday, famed supply-sider Arthur Laffer argues that higher taxes on the wealthy rarely work because the wealthy simply shift their income.
President Obama’s upcoming tax increases, he says, are encouraging the wealthy to take cash and income off the table this year, robbing from next year’s [...]

6/6/2010 – Arthur Laffer -
Today’s corporate profits reflect an income shift into 2010. These profits will tumble next year, preceded most likely by the stock market.
People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies.
It shouldn’t surprise anyone that the [...]

6/9/2010 – John Stossel –
America’s current struggles notwithstanding, life here is pretty good. We have a standard of living that’s the envy of most of the world.
Why did that happen? Prosperity isn’t the norm. Throughout history and throughout the world, poverty has been the norm. Most of the world still lives in dire poverty. [...]

Across America 15 million Americans are still out of work and unable to find jobs. The latest numbers from the Labor Department indicate that only 41,000 private sector jobs were created last month. Of the 431,000 new jobs added in May, 411,000 were temporary census workers hired by the government. Despite [...]

6/1/2010 – Gregory Ferenstein –
The funny thing about business books is that for many stories, there are countless counterexamples of management philosophies that are radically different, yet still successful. What is inspiring about Zappos.com, the world’s largest online shoe retailer, is that it is possible for a business to be founded on curiosity, [...]

The socialist policies implemented by the Obama administration and the Democrat leadership undermine America’s economic prosperity and prolong the misery for millions of companies and workers. Despite passing multi-trillion dollar government tax and spend initiatives, numerous bailouts of failed businesses, and repeated extensions of government benefits, Americans are suffering and the economy is languishing. [...]

5/26/2010 – Eileen Gittins -
How entrepreneurs can turn what they love doing into successful businesses.
Most people think about their jobs as the thing they do, instead of the thing they get to do. When you can build a culture where people feel privileged instead of entitled, that’s magic. And that’s what the best Silicon Valley [...]

5/12/2010 – Nick Morgan -
Tell one of these, and you’ll always succeed.
The culture we’re all immersed in together gives you a great gift as a presenter–a wealth of stories that already lie deep in any audience’s consciousness. Use these stories to give your speeches power and to connect immediately and deeply with your audience.
There are [...]

5/10/2010 – Robert J. Samuelson –

What we’re seeing in Greece is the death spiral of the welfare state. This isn’t Greece’s problem alone, and that’s why its crisis has rattled global stock markets and threatens economic recovery. Virtually every advanced nation, including the United States, faces the same prospect. Aging populations have been promised huge [...]