We’ve all been Socialists once and we will likely all be Socialists again. Socialism is an ideology focused on helping the masses. And after a global pandemic where millions have been hurt through no fault of their own, Socialism could rise again in popularity again. When we were growing up, we had to depend on our […]
Socialism As A Means To A Brighter Future Read More »
The debt ceiling debate hurt us in 2011. Let’s have a revisit. So you’re giving back gains in the stock market and having a difficult time finding a job thanks to the threat of higher taxes and a government default. Meanwhile, you’re losing purchasing power as the US dollar goes to zero, while your savings
Debt Ceiling Debacle’s Bright Side: Standing Up For What You Believe In Read More »
There’s a belief that growing up, we all start off as fiscal liberals given we have little-to-no income and depend on others to support us. As we start supporting ourselves we turn more fiscally conservative, believing we know how to spend our money better than the government does. Finally, when we retire, or make so
The Wealthiest Members Of Congress Blow You Out Of The Water Read More »
Someone once said “there’s no such thing as a free lunch”. They lied. With $50,000 a year, you can buy yourself 5,000 free lunches thanks to the generosity of the government! What are you talking about, I can hear you thinking. It’s pretty simple really. In addition to giving struggling homeowners a free $50,000 over a
How To Make $50,000 A Year For Free From The Government Read More »
Do you want a bailout gift from the government? Well, it’s happening all the time with the CARES Act, enhanced unemployment benefits, stimulus checks, and more. The fact of the matter is, we paid for the bailout gifts through taxes. The Emergency Homeowner Loan Program, or EHLP, aka Government Big Daddy Bailout Fund will provide
Free $50,000 Bailout Gift From Government To Homeowners! Read More »
Greece is in trouble. Will Greece default and blow up the world? Maybe. 16.8%. That’s how much the current Greek 10-year bond yield is producing thanks to their debt mess. 16.8% is a juicy 13.9% higher than the current US 10-year yield to put things in perspective. The question on everybody’s mind is will lawmakers pass
Will Greece Default And Blow Up The World? Read More »
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
Online Poker Crackdown Is Good News Read More »
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
Should Unemployment Benefits Be Phased Out After A Certain Age? Read More »
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
State Budget Problems Are Going To Screw Us All Read More »
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,
Is The Child Tax Credit Amount And Income Limit Ruining The World? Read More »
