The number of American renouncing their U.S. citizenship each year has increased nearly 200 percent per year over the last four years, the vast majority of who do so to escape the long arm of the IRS. Granted, we’re only talking about 1,800 expats out of more than 6 million living abroad; however, it’s not [...]
Continue Reading →It has managed to fly under the radar for the last few years, but the shock headlines of recent weeks has catapulted the student loan crisis debt issue to the top as the next calamitous debacle to face the country. The reports that the total student loan debt of nearly $900 billion now surpasses that [...]
Continue Reading →If you’re keeping track, it may interest you to know that more than 500 banks still owe U.S. taxpayers more than $19 billion from the TARP bank bailout of four years ago. That represents less than 9% of the total bailout to banks and that percent has been gradually declining over the last couple of [...]
Continue Reading →With the economic and political climate in the U.S. becoming increasingly stormy, the number of Americans leaving America and starting life anew in foreign lands has spiked in just the last couple of years. An estimated 5 million Americans now call Canada, or Mexico, or Costa Rica, or Thailand, or the Philippines, or several dozen other [...]
Continue Reading →It’s done. Google has implemented “radical” new changes to the Google Privacy Policy which will affect anyone who has anything to do with Google while they’re logged onto the Internet, and that includes just about everybody who is logged onto the Internet. Yet, there doesn’t seem to be the massive outcry you would expect from the [...]
Continue Reading →You might have seen the headline come across the wire, “Four Large Banks Fail Stress Test,” among them was Citigroup, SunTrust, Ally, and MetLife. But before you hightail it to your bank to withdraw your savings, let’s consider what this really means to you. The stress test, a hypothetical measure of a bank’s ability to [...]
Continue Reading →Inflation: The Ultimate Confidence Game The current dilapidated state of the economy has been decades in the making, and the establishment has grown alarmingly desperate and cynical in its efforts to stem the decline of public confidence; because, for all of them, the public’s perception of the country’s economic health is vital to their own [...]
Continue Reading →Unless you’re a Ron Paul enthusiast, you may have missed it among the relatively few minutes he has been given in the seemingly endless number of Republican debates; that is his call for the abolition of the Federal Reserve and a return to the gold standard. Other politicians, including more recently Newt Gingrich have made [...]
Continue Reading →As if the creation of the Consumer Financial Protection Bureau, spawned from the Dodd-Frank financial reform law, wasn’t controversial enough, it is now under fire as a result of President Obama’s “recess” appointment of its new director, Richard Cordray. The quotation marks are there because the appointment is certain to come under legal challenges by [...]
Continue Reading →The other night I had the occasion to watch the 2009 film, State of Play, starring Ben Affleck and Russell Crowe. Billed as a political thriller wrapped around government and corporate conspiracies, most of the attention is given to the intense and convoluted plotline that strings together seemingly unconnected murders, political ambition, government/corporate collusion and [...]
Continue Reading →Federal Budget 2012 Now that the silly payroll tax extension fiasco is over, hopefully Washington can turn to more serious matters like, maybe, passing an actual federal budget 2012? It has been 970 days and counting since our Democratic led Senate has passed a budget. Interestingly, in that time, our President, the executive office of [...]
Continue Reading →Don’t get me wrong, I’m all for “green” energy, and a green economy. I would like nothing more than to fry up a batch of fries then pour the residue oil into my biofuel-fed car. I’d put up a wind powered generator if I could because, not only would it power my coffee maker, it [...]
Continue Reading →Sponsored Links
