Entries Tagged 'Government' ↓

The head of a family was laid off from a high-paying manufacturing job that technology was making obsolete. The family called in a counselor to talk about what to do. The family’s expenses had been unusually high over the past few years with a lot of unexpected bills. The family was deeply in debt.

The spouse of the head of the family lived on a trust fund left by a parent. The spouse did not want to spend the trust fund on family expenses. The fund was for the spouse, not the family.

Now, with no job for the head, and the spouse unwilling to draw on reserves, the family was in crisis. Continue reading →

At the end of the last century, Robert Kiyosaki, author of the Rich Dad Poor Dad book series and cash-flow games, declared that the Age of Manufacturing is dead; we are now in the Age of Information. Recently he was interviewed in a video, “Industrial Age vs. Information Age” posted on the Web.

Looking at the emphasis in the media about job creation in the manufacturing sector, you’d never know it was the Age of Information. And looking at the US government, you’d never even dream it was the Age of Information.

If you were asked if the we have a Bureau of Information in the US, you’d probably think about it and say, well, isn’t that what Homeland Security is about? Its budget has risen dramatically since its inception ten years ago. But this secret data collection on behalf of our national security is not the kind of information I’m talking about.

There are other kinds of information that are desperately needed by both the government and the public. Government and public Information is not a luxury. We need other databases for issues that are just as important to our economic welfare and survival as those national security databases we spend so much money on.

A database to curb fraud

Continue reading →

If you listen to MSNBC and FOX news on TV, you hear two very different stories about the state budgets. According to FOX, the states are in danger of bankruptcy. The situation is dire. We must DO SOMETHING NOW! According to MSNBC, at least when it comes to Wisconsin, Rachel Maddow and others will tell you that there is no state budget problem.

Who’s right? NEITHER!

(1) State pension funds followed banks into the same boat

Many state pension funds did the same thing that banks did. Continue reading →