Archives for March 2013

22 ways the government has already wasted your money in the first quarter of 2013

When it comes to government incompetence, the first thing that anyone should do is follow the money. Nothing epitomizes government ineffectiveness, ineptitude and wasteful nature than public spending by our esteemed elected officials. Remember, … [Read more...]

Miami Mayor on Marlins Park: ‘The residents of Miami were raped’ by MLB franchise

Miami Mayor Tomas Regaldo accused the Miami Marlins baseball franchise of stealing money from the taxpayers in order to fund their state-of-the-art stadium, which has numerous luxuries, such as aquariums behind the home plate and a retractable … [Read more...]

Poll finds fewer Americans expecting tax refunds this year

Are you expecting a tax refund this year? Or are you are not holding your breath? A new survey by American Express found that 59 percent of respondents said they expect a refund this year, down from 64 percent from the same time a year ago. The … [Read more...]

Study finds Americans migrating to states with more economic, social freedoms

The George Mason University’s Mercatus Center released the latest findings from its “Freedom in 50 States” study and it found that Americans are heading to more conservative states than liberal states because of a variety of different economic and … [Read more...]

Peter Schiff: ‘The dollar is going to collapse if Bernanke doesn’t reverse course’

Peter Schiff, CEO of Euro Pacific Capital, lambasted the Federal Reserve on Monday and said that the United States dollar is going to collapse unless Fed Chairman Ben Bernanke stops stimulating the economy and inflating the money supply. “The … [Read more...]

California politician proposes email tax to reduce spam, fund U.S. Postal Service

In an effort to reduce spam and to generate revenues for the United States Postal Service (USPS), a Berkeley, California councilman has proposed implementing a tax on email messages during a recent city council meeting this month. Gordon Wozniak … [Read more...]

Cyprus banks reopen under strict capital controls in financial crisis

After being closed for nearly two weeks due to the negotiations over a financial bailout by Troika leaders, the financial institutions of Cyprus have finally reopened as scheduled, but they will operate under strict capital controls. Those looking … [Read more...]

Financial collapse causing rising credit card debt across U.S.

The Federal Reserve Bank of New York issued a new report that highlights credit card debt rising across the United States, according to a press release. The report noted that in the third quarter of 2012, overall debt in the U.S. rose $74 billion, … [Read more...]

Texas mulling repatriation of gold held at New York Federal Reserve Bank

Texas Republican Governor Rick Perry is working with lawmakers in proposing legislation that would establish a Texas Bullion Depository. The Lone Star State owns approximately $1 billion worth of gold that is held underneath at the Federal Reserve … [Read more...]

Former U.S. presidents costing taxpayers $3.7 million a year

The Congressional Research Service (CRS) published a new report that highlights how much former occupants of the White House are costing the taxpayers. Taxpayers were on the hook for $3.7 million to look after four living former presidents and one … [Read more...]