Online Poker Crackdown Is Good News

If you haven’t heard, our broke government wants to get its hands on the online poker industry’s potentially US$6 billion dollar annual revenue pie.  They’ve frozen bank accounts linked with Full Tilt Poker, Poker Stars, and Absolute Poker and have indicted 11 founding executives of the companies.  All totaled, the government wants US$3 billion in […]

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The European Debt Crisis is Still Alive and Kicking

For those with memories longer than the time it takes to read this article, the month of May is quickly approaching. And with it, the one-year anniversary of not only the “Flash Crash”, but also the moment when the European debt crisis grabbed financial headlines, causing an immediate crisis of global proportions.  Capital suddenly flew

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Should Unemployment Benefits Be Phased Out After A Certain Age?

Should unemployment benefits be phased out after a certain age? Or is that just ludicrous thinking? I wrote this article in 2011, a couple years after the worst of the global financial crisis. The government provided generous unemployment benefits up to 99 weeks. Meanwhile, I was burning out from my investment banking job at age

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State Budget Problems Are Going To Screw Us All

If you haven’t heard, the United States of America is having some serious state budget problems! It’s estimated that 44 out of 50 states will have a budget shortfall for fiscal year 2012, which starts on July 1, 2011. The largest absolute dollar offender is my home state of California, with a $25.4 BILLION shortfall. That

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Is The Child Tax Credit Amount And Income Limit Ruining The World?

The value of the credit has increased to $2,000 for the 2018 tax year, and the income thresholds at which it phases out have risen tremendously. Effective 2018, the income thresholds for eligibility have increased to: $200,000 for single tax filers. $400,000 for married couples filing jointly. This is FANTASTIC news because in the past,

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How To Deal With A Bully And Defend Your Honor

Bullies are terrible. Let’s learn how to deal with a bully and defend your honor. It’s hard to imagine anyone never getting bullied through grade school. Inevitably, there’s some immature, insecure kid out there looking to pick a fight.  Do you keep quiet or fight back? You might be surprised to hear, but I’ve ALWAYS fought back

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