August 13, 2026

Retirement Plans? Private Investment is still Smarter than Social Security

So, which system do you want to be covered by when you retire? One that has paid out an annual return of 6.85 percent or one that’s completely bankrupt and funded from current tax dollars? Apparently, America is split on that question:
50% of the workforce has no private pension coverage.
31% of the workforce has no savings set aside specifically for retirement.

I have only one question if you are part of that 50% or 31%: are you crazy? [cont…]

Obama’s 2012 Budget Proposal is a Trip to La-la Land.

What would you say if I told you that the Obama Administration is proposing in a budget that cuts out spending to the equivalent to getting a penny off of your Wendy’s value meal?

Let’s be clear: for an administration that has had to deal with the worst economy in decades, the Obama Administration has proven an uncanny ability to live in La-la Land when it comes time to make a budget.

I don’t say this to attack the Obama Administration on its handling of the economy. Indeed, that might be seen as a different issue. Rather, I point it out because it is significant in that budgeting is how the executive branch sets its priorities for the coming year. As yet, over the course of his tenure in the White House, the President has not had a budget survive through Congress, even when his party controlled both the Senate and House.

Further, it is widely accepted by economists that once national debt exceeds 90% of GDP (gross domestic product or the value of everything a country produces in a year), “annual economic growth tends to be about one percentage point lower.” The current GDP for the US is about$14.58 Trillion. The current national debt is at $15.087 Trillion, or about 103.45% of GDP. [cont…]

Would we have elected Lincoln or Washington, today?

Today we celebrate President’s Day in honor of, ostensibly at its roots, the birthdays of George Washington (February 22) and Abraham Lincoln (February 12). Would either have been elected if they were on the ballot today? One was part of the 1%, the other trod on the constitution…would they have survived any primary process, today? [cont…]

Is Intellectual Property Law in Need of an Overhaul? [video]

Everything is a Remix Part 4 from Kirby Ferguson on Vimeo.

Freedom Path “Two Scoops…” Mailer Misses the Truth on Double-Dipping

Recently, I started to get glossy mailers lamblasting Chris Herrod and Dan Liljenquist, the two candidates who are challenging Senator Orrin Hatch for one of Utah’s seats in the US Senate.

I was not surprised. It’s not even an open secret that Orrin Hatch has been for the last two years preparing for a frontal assault on his renomination. Despite the fact that we are still a month away from the actual selection of state delegates for the Utah Republican Convention on March 15, I expected that Senator Hatch (and his PAC Freedom Path) would be actively campaigning to fill caucuses with his supporters and to control the message about Hatch’s and his opponents’ records.

What surprised me was message in the mailers. [cont…]

Meet Rep. Brad Galvez of Utah’s 6th Legislative District

Representative Brad Galvez is best known, in legislative circles, for passing a bill last year that allowed Utahn’s to pay their debts in gold and silver coins, as well as avoid state capital gains tax on gold and silver. In a legislative effort to slow the inflation of the dollar, at least for Utahns, Rep. Galvez is pushing forward a proposal that would help integrate gold and silver into Utah’s commerce, something that while legal after last year, is a bit impractical. [cont…]

Meet Senator Todd Weiler of Utah’s 23rd Senate District

Although I’ve known Senator Todd Weiler for a couple years now, perhaps what most indicates his quality and value is how he is judged against his opponents in his election, earlier this year, to the Utah Senate. I was there in Davis County when Republican Party delegates met with and listened to speeches from seven candidates seeking to fill the state Senate seat vacated when Dan Liljenquist challenged Orrin Hatch for the US Senate. I met several of them, and I am good friends with one of them (occasional contributor here, Ben Lusty). Without exception, all were qualified and intelligent individuals, and I would be hard pressed to find a local race in recent memory where so many good candidates have been seeking the same office.

Todd beat them all, though, and with good reason. [cont…]