Going over the Fiscal Cliff?

This weekend, Glen talks about the fiscal cliff “negotiations” currently taking place between Democrats and Republicans in Washington D.C.  Republicans have offered and passed several plans to reform our nation’s tax code, our entitlement system, and our enormous debt and deficit problem.  Democrats have rejected all of them.  And although they control the Senate and the White House, they refuse to offer a plan of their own on paper.  Instead, they hide behind closed door meetings and generic outlines that offer no specifics.  This was the case again this week when Treasury Secretary Tim Geithner went to Capitol Hill and demanded $1.6 Trillion in tax increases, $50 billion in increased yearly stimulus spending, and an end to the debt limit (allowing Congressional Leaders to increase our debt further with no oversight).  With demands like this, Republicans are beginning to wonder if President Obama actually prefers to go over the fiscal cliff and raise tax rates on all Americans than negotiate with Republicans and find a solution to our problems.

Andrei Voicu (Chief Financial Strategist for Fragasso Financial Advisors) joins Glen this week, and talks about the possible outcomes of the fiscal cliff debate, how those outcomes will affect the investment climate in 2013, and what individuals can do to prepare for these possible outcomes.

John Fund (National-affairs columnist for National Review Online, and author of the new book “Who’s Counting?  How Fraudsters and Bureaucrats Put Your Vote at Risk.”) joins Glen with some thoughts on what we as a state and as a nation must do to protect and preserve the integrity of our election process.  John also offers some thoughts on what we can expect out of Washington over the next several weeks regarding the Fiscal Cliff negotiations.

Finally, Carolyn Fell (Director of Communications for Pennsylvania Leadership Charter School) joins Glen with information on cyber charter schools, and the growing number of educational choices available to students, parents, and teachers in Pennsylvania.

Glen Meakem is a successful technology entrepreneur, venture capitalist, and conservative talk radio show host, who offers information and insights on how individuals, our states, and our nation can be more successful. Glen’s unique perspective has been shaped by his experiences as founder, chairman and CEO of the B2B internet success Freemarkets Inc – which he founded in 1995, took public in 1999, and sold to Ariba in 2004. In 2006, Glen co-founded Meakem Becker Venture Capital, a firm that invests in early stage start up companies. Concerned about the liberal political agenda that has gripped the United States and his home state of Pennsylvania, Glen launched the radio program, “Glen Meakem on the Weekend” in 2008. Glen served as an officer in the United States Army Reserve and is a veteran of the First Gulf War. He earned his undergraduate degree from Harvard and his MBA from Harvard Business School. For more information about the Glen Meakem on the Weekend Radio Program, or to read Glen’s blog, please visit http://glenmeakem.com.

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