Lower gas prices continue to dominate the headlines as more American consumers are saving money and putting more dough in their pockets. Due to market innovation and private investment in oil production, the United States has significantly enhanced its domestic oil production levels unseen in quite sometime, which means less dependence on foreign oil. Although […]
Archives for December 2014
Report: 5 purchases you shouldn’t make with a debit card
In recent years, amid the enormous credit card debt levels engulfing the Western world, the trend has been for consumers to use their debit cards instead of their credit alternatives. Although this move does have good intentions, using a credit card comes with various benefits, but only if you pay off the balance immediately and […]
CIA spent $300 million on detention, interrogation program
The United States Senate bombshell report was released Tuesday, but more facts are coming out of the controversial report that shed light on the CIA’s detention and interrogation program that essentially proved ineffective. Although the extensive report was made public this week, it does conceal many facts and discoveries – for instance, there are numerous […]
Is political gridlock, a do-nothing congress good?
John Stossel spoke on his show on the Fox Business Network about how political gridlock and having a do-nothing congress is actually a good thing for the American taxpayer. By maintaining a level of bi-partisanship, politicians do more harm than good and pass erroneous laws that hurt Americans, while lining up their own pockets. Government […]
Central banks to ramp up stimulus, balance sheets in 2015: report
If you thought that central banks have finished their stimulus programs and monetary expansion initiatives then you may be in for some bad news as a new report has found that central banks around the world are set to expand their balance sheet at the highest level in four years. Although the Federal Reserve and […]