New Jersey’s fiscal picture took a turn for the worst when it was announced that resident hedge fund billionaire David Tepper was exiting the state. This was very interesting because the state relies heavily on income taxes, and the top one percent pay for a large chunk of those taxes. Here is a snippet from […]
News
Ron Paul: ‘What I would like to have on all the ballots is none of the above’
Former Texas Republican Congressman Ron Paul was on CNN over the weekend to discuss the 2016 presidential race. There were a couple of key points that Dr. Paul addressed, which were ignored by the news anchors. One of them was that President Obama has become a lot more militant since entering the White House, such […]
Chart: World’s highest minimum wages – Australia tops list, Mexico at the bottom
The World Economic Forum is out with a new chart that lists the world’s highest minimum wage. The data look at U.S. dollars per hour after taxes at purchasing power parities as of 2013. The top five countries are Australia, Luxembourg, Belgium, Ireland and France. The bottom three are Mexico, Latvia and Chile. The United […]
War on Cash: Cash Banned, Freedom Gone
By: Thorsten Polleit Some politicians want to ban cash, arguing that cash is helping criminals. The first steps in that direction are the withdrawal of big denomination notes and the limits imposed on cash payments. Proponents of a ban on cash claim that this will help fight criminal transactions — involved in money laundering, terrorism, […]
Bernie Sanders says breadlines are ‘a good thing’ because ‘the rich get all the food’
Vermont Senator and 2016 presidential candidate Bernie Sanders won’t be president of the United States. And that’s a good thing. Like his counterpart, Donald Trump, the more he speaks the more asinine he sounds. But he has always sounded the same with his socialist rhetoric. This clip in 1985 is a perfect example of just […]