The United States Senate Committee on the Budget released its findings on President Obama’s recently unveiled fiscal year 2014 244-page federal budget proposal. The key term to describe the latest budget, according to Republicans, is debt. Essentially, the GOP says it grows the government and not the economy. Aside from the president suggesting capping individual […]
Archives for April 2013
13 reasons why you need to buy gold and silver now before prices go back up
Since the economic collapse of Cyprus this year, the financial world has been rather interesting to say the least. Cypriots’ money was taxed (stolen), Bitcoins soared in dramatic fashion, gold and silver took a beating in the market and the Dow Jones rose quite high. Well, it seems everything is back to normal for the […]
Obama budget proposes cap on retirement savings, blasted by retirement industry
After President Obama released his 2014 budget proposal, new details have been coming out, including his plan to cap retirement accounts, which has been slammed by many critics. Obama’s budget scheme would prohibit taxpayers from accumulating more than $3 million in an individual retirement account. Essentially, the plan would ban multi-million-dollar accounts like the one […]
Economics 101: Does mechanisation and technology destroy jobs?
LearnLiberty.org has new video out which you can view below called Does Government Create Jobs. Some people believe that the government can create jobs and others don’t. You’ll find out the true answer to that question in the video. But something you may not have considered is whether job creation is the best thing for […]
Obama proposes cuts in Social Security, more money to IMF for China
In the Rose Garden of the White House on Wednesday, President Barack Obama delivered remarks on his fiscal 2014 federal budget. In his prepared comments, the president asked Congress to permanently increase funding for the International Monetary Fund (IMF), which would increase the status of emerging countries, including China. If the president were able to […]