When the 16th Amendment was passed, only a small number of very wealthy individuals were expected to pay federal tax—as the country expanded and the population grew, it became necessary to collect more taxes as the government (and expenses) broadened to match the federal programs being implement...
economists anticipate that theFederal Reservemay be near its terminal interest rate for the current cycle. For the first time in a while, investors may want to consider how to position for a shift from rising to falling interest rates.
Okay, I know being asked to do something by the government isn’t always a total sell, but it shows a certain level of seriousness. This is beyond a normal bug infestation, helping get rid of this pest is now your patriotic duty (and honestly, the easiest way to serve your country). ...
Spain, and Portugal, and include Paris, Madrid, Barcelona, and Lisbon.10 This network model has clear relevance for the US, with inter- or intrastate systems analogous to national European rail systems, and the federal government in the role of the EU, providing financing and technical support...
[9] US interest rates are likely to rise in the next year or two, whether or not this result is intended by the Federal reserve. This issue here is somewhat obscure. The issue has to do with whether the United States can find foreign buyers for its debt, often called US Treasuries, ...
A federal judge ruled in the Stockton bankruptcy that pensions can be cut. But Stockton, like bankrupt San Bernardino, did not try to cut pensions, saying pensions are needed to be competitive in the job market, particularly for police. ...
LAST week, the federal government signalled its intention to shake up the pay-TV segment, seeking to end years of dominance by Astro Malaysia Holdings Bhd by allowing competition to flourish. Here’s one problem: Many have tried to compete multiple times before, yet Astro, which now serves th...
13.The Federal Reserve. 14.Bank Failures. 15.The King JPMorgan Speaks. 16.Items That Sold in the Credit Bubble. 17.The All Hat and No Cattle Nation I’ve just finished reading John Kenneth Galbraith’s excellent bookThe Great Crash of 1929that gives a historica...