The government in Cyprus is seizing money from people's bank accounts. "Can this happen here?"
The Cyprus deal announced late Sunday night dictated the terms to Cyprus President Anastasiades and required a "downsizing" of the country's financial sector, aided by daylight robbery of depositors' accounts but calling them "contributions" to save the banks.
JBS CEO Art Thompson's weekly news video update for March 25-31, 2013.
It is a good thing when taxes are reduced. But when refundable tax credits provide taxpayers with more money than they paid in, that’s a subsidy, not a tax cut.
A researcher at the International Monetary Fund expressed surprise at the greatly increased production of natural gas due to fracking and the law of supply and demand in a market economy. Those increases are reducing transportation costs and bringing lower prices to American consumers.
Australia's carbon tax, instituted just shy of nine months ago, is already contributing to a record number of business failures Down Under.
“Why does the U.S. debt ceiling need to be raised again; why, during fiscal-cliff negotiations, didn’t Congress simply raise taxes to pay for all planned spending?”
Cyprus has become the first country to openly defy the will of EU financial Powers That Be and the international banking cartel that they serve in rejecting the levy on bank savings mandated by EU authorities.
Intellectuals and Race by Dr. Thomas Sowell details the faulty logic and downright dishonesty of academia.