News Story of the Day: After giving the taxman his money by force and covering the basic necessities of life, Canadians have just about one-fifth of their income for themselves. Yeah, Canadians pay a lot of taxes, says a new report from the Fraser Institute, a right-wing think-tank. According to a new study, Canadians on […]
Archives for August 2015
Donald Trump would raise taxes on the wealthy, simplify the tax code
Real estate billionaire mogul and 2016 presidential candidate Donald Trump said something that most of his fellow GOP rivals wouldn’t commit to: raising taxes on the wealthy. The idea of taxing the rich to pay for government, wars and welfare has been very popular for the past several years. And Trump endorses this concept because […]
What other damage is Kshama Sawant planning to inflict? Bringing tech sector into public ownership
Kshama Sawant is not only a Seattle City Councillor and the most prominent socialist in the United States today, she is also someone who can inflict a lot of damage and pain not only to her native municipality but to the rest of the country. Sawant was victorious in her plight to institute a $15 […]
Ron Paul: Federal Reserve, Congress 99% responsible for Black Monday market meltdown
Over the past several days, the New York Stock Exchange has seen steep losses. Financial analysts say that it’s a market correction in the wake of China’s slowing economy. Although the Dow Jones opened up Wednesday’s trading session in positive territory, some say this turmoil isn’t over. Former Texas Republican Congressman and three-time presidential candidate […]
Former Fed Official’s Sage Comments: Investors ‘hooked on the heroin of quantitative easing’
Former Dallas Federal Reserve President Richard Fisher made sound remarks when discussing the current market meltdown with CNBC on Tuesday. Although he is incorrect in his assertion that the United States central bank will do what’s right for the national economy and avoid monitoring daily activity reports, he was right that investors are addicted to […]