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Tag Archives: taxes
IMF Warns That We Have a New Crisis Coming
IMF Warns That We Have a New Crisis Coming QUESTION: Marty; You mentioned that you met with a board member of the IMF. It certainly seems you are having a much larger impact than you may realize. The IMF is now warning of a crash. Do you think you can help reverse the trend if given […]
Greek Cash Ban Escalates: Imposes ‘Permanent’ Stricter “Capital Controls” On 3 Million Pensioners, Civil Servants
Greek Cash Ban Escalates: Imposes ‘Permanent’ Stricter “Capital Controls” On 3 Million Pensioners, Civil Servants In a stunning move towards the elites’ endgame of ‘banning cash’, Greek authorities unveiled stricter capital controls for civil servants and pensioners this weekend. By drastically limiting cash withdrawals and forcing the more ‘controllable’ compulsory use of plastic money, Greek authorities […]
Another petro-state throws in the towel – the last nail in the petrodollar coffin
Another petro-state throws in the towel – the last nail in the petrodollar coffin Source: Norwegian Ministry of Finance, Bawerk.net According to the proposed budget submitted by the current ‘blue-blue’ government the Norwegian deficit will reach another record high in 2016. Mainland taxes are expected to bring in 1,008 billion NOKs, while expenditures are estimated […]
How the Chinese Will Establish a New Financial Order
How the Chinese Will Establish a New Financial Order For many years now, it’s been clear that China would soon be pulling the strings in the U.S. financial system. In 2015, the American people owe the Chinese government nearly $1.5 trillion. I know big numbers don’t mean much to most people, but keep in mind… […]
Taxation & Its Role in the Destruction of Our Economy
QUESTION: Thank you for your fascinating blog. I thoroughly enjoy reading your analysis on social, political, financial and historical topics. i would like to make a couple points with questions and get your analysis or feedback on these. First point: You describe that post 2015.75 (Big Bang), you expect a peak in bonds (safe haven) that […]
Nicole Foss Talks Energy Industry Issues and Oil Price Collapse
Nicole Foss Talks Energy Industry Issues and Oil Price Collapse Part I- Energy Industry Issues The Doomstead Diner site blurb: Coal Industry Collapse-Carbon Sequestration One of the biggest effects we see lately is a collapse in commodity prices, through all sectors. Most intriguing to me is the collapse in coal prices, since coal is used […]
What you “Owe to Society”
What you “Owe to Society” The “Club Dues” Theory of Taxation Sadly this is an ancient thesis that’s being revived now in a country that was founded on denying it. The idea is well expressed in a recent book by Professor William E. Hudson, titled, The Libertarian Illusion: Ideology, Public Policy, and the Assault on the […]
Here’s the Next Crisis “Nobody Saw Coming”
Here’s the Next Crisis “Nobody Saw Coming” When borrowing become prohibitive (or impossible) and raising taxes no longer generates more revenues, state and local governments will have to cut expenditures. Strangely enough, every easily foreseeable financial crisis is presented in the mainstream media as one that “nobody saw coming.” No doubt the crisis visible in these […]
Koch Political Machine Focuses on “Freedom” to Pollute and Pay Less Taxes
Koch Political Machine Focuses on “Freedom” to Pollute and Pay Less Taxes Billionaire conservative activist Charles Koch on Sunday likened his political efforts to the struggles of Martin Luther King Jr. and Frederick Douglass, saying that “we, too, are seeking to right injustices that are holding our country back.” We know this because Politico and the Washington Post […]
Dictators and Billionaires Demand Creation of UN Tax Agency
Dictators and Billionaires Demand Creation of UN Tax Agency As globalist forces and the international institutions they control openly prepare to plunder humanity’s wealth, Third World dictators and tax-funded “civil society” groups havestepped up their demands for a United Nations tax authority — supposedly to ensure that they all get their “fair share” of the loot from […]
Greece crisis: Banks reopen as government eyes return to normalcy
Greece crisis: Banks reopen as government eyes return to normalcy Stock market remains closed Greek banks opened their doors Monday for the first time in over three weeks, a move that the government hopes will help the economy get back to normal following a period dominated by fears over the country’s future in the euro. […]
Greece Is Now A Full-Blown Humanitarian Crisis – In 9 Charts
Greece Is Now A Full-Blown Humanitarian Crisis – In 9 Charts The people of Greece are facing further years of economic hardship following a Eurozone agreement over the terms of a third bailout. The deal included more tax rises and spending cuts, despite the Syriza government coming to power promising to end what it described as […]
We need a new economic system
We need a new economic system As the 2016 election begins to come into focus, economic populism appears to be the order of the day. The Center for American Progress, the Campaign for America’s Future and National People’s Action,Hillary Clinton, Bernie Sanders, Bill de Blasio and the Roosevelt Institute have all in the last few months released programmatic calls to action highlighting […]
Money Printing And The Bane Of Financial Engineering—–How The Biggest LBO In History Blew-Up
Money Printing And The Bane Of Financial Engineering—–How The Biggest LBO In History Blew-Up Financial engineering is one of the worst ills perpetuated by the Fed’s regime of cheap debt and money market subsidies for speculation. And these deformations are turbo-charged by the tax code which creates a powerful bias toward loading capital structures with […]
Guaranteed Financial Security Is a Fantasy
Guaranteed Financial Security Is a Fantasy Guarantees based on extracting higher taxes, borrowing trillions of dollars and creating trillions more out of thin air only guarantee eventual systemic implosion. It is difficult for those living through tectonic social and economic shifts to recognize the passing of one era and the emergence of a new era. We […]
