“Let us never forget that government is ourselves and not an alien power over us. The ultimate rulers of our democracy are not a President and senators and congressmen and government officials, but the voters of this country.” –  Franklin D. Roosevelt “Dictatorship naturally arises out of democracy, and the... ...

  Joseph P. Hawranek, Ph.D.   Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail-lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalization that had dire consequences.... ...

Transcript of Governor Zhou Xiaochuan’s Press Conference http://www.pbc.gov.cn/english/130721/3029330/index.html Victor H. Fischer, PhD March 11, 2016   YI Gang: Ladies and gentlemen, friends from the press, good morning! Welcome to today’s [February 26, 2016] press conference. With the progress made in China’s reform and opening-up and the growing size of the... ...

  Victor H. Fischer, PhD March 5, 2016 Chinese President Xi Jinping emphasized that China should adhere to its basic economic system with public ownership playing a dominant role , while on the other hand diverse forms of ownership Xi made the remarks while joining the panel discussion of political... ...

China’s Voice Should Be Heard Victor H. Fischer, PhD March 4, 2016 Who’s worried about China now? – CNN Money International-March 1, 2016 China’s Coming Ideological Wars – Foreign Policy Magazine-March 1, 2016 What China Has Been Building in the South China Sea – NY Times-February 29, 2016 China Credit... ...

Is Marco Rubio a Good Presidential Candidate? Joseph P. Hawranek, Ph.D. Because power corrupts, society’s demands for moral authority and character increase as the importance of the position increases. – John Adams  Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government... ...

Joseph P. Hawranek, Ph.D. Because power corrupts, society’s demands for moral authority and character increase as the importance of the position increases. – John Adams  Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other. – John Adams  A... ...

Victor H. Fischer, PhD “An egalitarian educational system is necessarily opposed to meritocracy and reward for achievement. It is inevitably opposed to procedures that might reveal differing levels of achievement. Yes, the United States is still the great meritocracy it’s always been; but now, if you aren’t brilliant or beautiful... ...

  President Abraham Lincoln said that: “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time”.     Entrepreneurship and Venture Capitalism   Prior to the World War II, most male collage... ...

“Our greatest glory is not in ever falling, but in rising every time we fall. It does not matter how slowly you go as long as you do not stop. Choose a job you love, and you will never have to work a day in your life.”   China’s tourism... ...