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December Meeting

"Holiday Lunch and Silent Auction - The Fiscal Cliffhanger: How Our Obsession with Deficits, Debt and Balancing the Budget is Destroying the American Dream "

May qualify for 1.5 CFP Credit(s). FPALA follows the CE guidelines specified in the California Board of Accountancy Regulations.

Guest Speaker(s):Stephanie Kelton, Chair, Department of Economics, University of Missouri-Kansas City
Date:Wednesday, December 19, 2012
Time: 11:00 A.M. to 1:50 P.M.
Place:The Olympic Collection
11301 West Olympic Boulevard, Los Angeles, CA 90064
Reservations:Reservations will be taken until December 14th.


 Member pricenon Member price
at the door or
after 12-14-2012

Please note: Reservations for the meetings must be made in writing and cannot be taken over the phone. You can either print the reservation form and fax it to the office or register online. Cancellations must be made 72 hours in advance to avoid being charged.
Program Schedule:
11:00 AMRegistration, Silent Auction & Networking
12:00 AMLunch
12:25 PMAnnouncements & Chapter Business
12:40 PMSpeaker Program
1:40 PMRaffle
1:50 PMAdjournment
Program Description:
Terms like Deficits, the U.S. Debt, Government Borrowing and Spending have each had embedded a certain meaning in the American economic psyche and vernacular. The connotation that each term evokes creates heated conversations around what approaches or actions should be taken to address our problems effectively, and these conversations are simply not constructive. They simply arise from incorrect premises.
According to Modern Money Theory (MMT), a correct understanding of what money is, where it comes from and who controls it sheds a whole new approach to addressing issues facing this country and the global economy as a whole.

With this somewhat cryptic introduction, come to our FPALA Holiday Luncheon and Silent Auction event in December and prepare for a paradigm shift on how you currently understand our economy and our monetary system!

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Speaker's bio(s):

Stephanie Kelton, Chair, Department of Economics, University of Missouri-Kansas City

Stephanie Kelton, Ph.D. an Associate Professor of Economics at the University of Missouri-Kansas City, Research Scholar at The Levy Economics Institute and Director of Graduate Student Research at the Center for Full Employment and Price Stability. She is creator and editor of New Economic Perspectives. Her research expertise is in: Federal Reserve operations, fiscal policy, social security, health care, international finance and employment policy.

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