No one really likes to talk about it, but it’s a thought that is never far from a person’s mind: “The decline of the economy and the rise of crime and chaos.” The two things “crime” and “a failing economy” really do seem to go hand-in-hand. As much as people try to look on the […]
Archives for February 2013
New Fraser Institute study finds ‘Ontario is worse than California’
A new Fraser Institute report titled “Comparing Public and Private Sector Compensation in Ontario” released Wednesday found that Ontario’s public sector workers earn more, retire earlier and are less likely to lose their jobs compared to their private sector counterparts in 2011. On the day that new Ontario Premier Kathleen Wynne takes part in her […]
Daily chart shows how long it takes to become a millionaire
The Economist published an interesting chart Tuesday that depicts how long it takes to become a millionaire in several OECD countries. The chart showed that the United States (using pre-tax data) creates the most amount of millionaires in the fastest time, while Norway, Switzerland, Australia and Denmark rounded out the top five. At the bottom […]
Financial collapse to be caused by central bankers’ “sand castle” economics
Rick Santelli goes after the Federal Reserve and the other central banks of the world once again for their culpability in the economic collapse in the below video from CNBC. It’s been four years since the famous Santelli video went viral in which he admonished President Obama for bailing out the banks and mortgage holders. […]
Democratic Senator wants more tax revenue but still owes taxes to D.C. government
Democratic Louisiana Senator Mary Landrieu called for more revenue for the federal government during a Capitol Hill hearing. However, the hypocrisy may seem to negate her argument because she has not paid $1,206.95 in tax penalties owed to the District of Columbia government. According to the District of Columbia’s Real Property Assessment Database, Landrieu and […]