In Italy, the majority of voters endorsed parties that had promised to reverse the financial sacrifices Italy had promised its European partners or at least temper them. This whole European austerity program will tear Europe apart and the Euro will not survive. The attenpt to create a single currency without a single debt was the […]

The French Socialist MP Yann Galut, the deputy chairman of the new Commission on Tax Exile, told the press he intended to target French who have left the country and go after their assets regardless where they live. In a book I hope to have finished this year, I have covered the collapse of every […]

Britain is adopting US tax law by default – worldwide income. The US position to tax citizens on worldwide income even when they do not live here was NEVER enacted by the people in a democratic manner, but rather it was purely a creation of American judges. I explained that the US banks starting in […]

IN CONGRESS, July 4, 1776. The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which […]

The biggest problem we have is that the media focuses on drastic stuff to capture viewers irrespective of the truth or impact. The latest is the cop who they are now hunting for who killed three people. Watching the news it seems as though violence is getting worse. In fact, it has diminished greatly. On […]

Republican governors of Kansas, Nebraska and Louisiana are pushing to eliminate personal and corporate income taxes. While the Marxists/Socialist like Paul Krugman of the New York Times calls this “reverse Robin Hoodism”, the Founding Fathers were much more understanding when they prohibited direct taxation. An income tax requires one to surrender their privacy. Government needs […]

A reader commented: “Since the debt melt down will happen after Obama leaves office in 2016. He will get off scott free of any blame.” That is NOT necessarily the case. Generally, people are getting fed-up with politicians. There are still the sublimely ignorant who will vote for their party regardless of the facts. But […]

Sovereign Debt Crisis Conference Saturday March 16th, 2013 Le Meridien Hotel Philadelphia Many readers who are not “traders” would like a conference outlining the real Sovereign Debt Crisis, how do we survive such an event based upon past experiences, and what are the implications going forward? We will be reviewing the debt levels of all […]

U.S. Supreme Court Pollock v. Farmers’ Loan & Trust Company, 158 U.S. 601 (1895) Pollock v. Farmers’ Loan & Trust Company (Rehearing) No. 898, 894 Argued May 6, 7, 8, 1895 Decided May 20, 1895 158 U.S. 601 APPEAL FROM THE CIRCUIT COURT OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF NEW YORK Syllabus […]

The Economic Consequences of the Peace, by John Maynard Keynes THE ECONOMIC CONSEQUENCES OF THE PEACE   by   JOHN MAYNARD KEYNES, C.B. Fellow of King’s College, Cambridge   New York Harcourt, Brace and Howe 1920   PREFACE The writer of this book was temporarily attached to the British Treasury during the war and was […]