Hand it Over: Tax Burdens Around The World
Sunday, May 30th, 2010 Posted in Uncategorized | No Comments »THE ECONOMIST--Paying taxes is, for most people, both unavoidable and irksome. But how much hard-earned pay is taken by governments varies considerably across the world. Among the rich countries of the OECD, Germans shell out the most, with a ...
The Coming Oil Glut and $30 Oil, $1.50 Gas?
Saturday, May 29th, 2010 Posted in Uncategorized | No Comments »The tripling of oil prices since the summer of 2003 has unleashed forces that within the next two or three years will bring oil prices tumbling back down to below $50 a barrel. Looking even further ahead, prices could ...
It Works in Canada and Elsewhere, How About Inflation Targeting in the United States?
Friday, May 28th, 2010 Posted in Uncategorized | No Comments »From the Bank of Canada's website: Inflation-control targeting has been a cornerstone of monetary policy in Canada since its introduction in 1991. At present the target range is 1 to 3%, with the Bank's monetary policy aimed at keeping ...
World’s Most Expensive Cities
Monday, May 24th, 2010 Posted in Uncategorized | No Comments »According to this new Cost of Living Survey from Mercer Human Resources Consulting, Moscow is the world’s most expensive city for expatriates for the second consecutive year, followed by London, Seoul, Tokyo and Hong Kong (see chart above). Here ...
An Occasional Crisis is the Cost of Innovation: The Case Against New Regulation of Financial Markets
Wednesday, May 19th, 2010 Posted in Uncategorized | No Comments »THE ECONOMIST--Bold re-regulation could damage the very economies it is designed to protect. At times like this, the temptation is for tighter controls to rein in risk-takers, so that those regular, painful crashes could be avoided. It is an honourable ...
Big Oil Is Not the Problem, It’s Big Government
Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »Congressional ignorance of basic laws of supply and demand is at once bizarre, breathtaking and frightening. For example, in a speech delivered by New York Democratic Sen. Chuck Schumer on May 13, he urged the U.S. to force Saudi Arabia ...
Gov’t: Uniquely Unqualified to Solve Problems
Monday, May 17th, 2010 Posted in Uncategorized | No Comments »As coercive monopolies that spend other people's money taken by force, governments are uniquely unqualified to solve problems. They are riddled by ignorance, perverse incentives, incompetence and self-serving. The synthetic-fuels program during the Carter years consumed billions of dollars and ...
Who is able to refinance
Tuesday, May 4th, 2010 Posted in Uncategorized | No Comments »By Michael Boshnack The last time foreclosures were this prevalent in the United States was during the 1930's. During this time lenders were not willing to refinance outstanding mortgages so the government created the Home Owners Loan Corporation (HOLC) which refinanced ...
Get Mortgage Refinancing Approval with Bad Credit
Tuesday, April 27th, 2010 Posted in Uncategorized | No Comments »New Government programs allow homeowners with bad credit, or other financial problems, chance to easily get approved for mortgage refinancing. This $75 billion program is an attempt to help millions of homeowners who are facing foreclosure and are in a ...
