1 of 16212345678910...Last »

The ACA and filing season. Be afraid

The Obamacare open enrollment period is upon us again. But as the author of the attached article says, enrollment isn’t the biggest challenge for the program over the next 6 months. When April 15th comes a LOT of individuals are going to be paying penalties they don’t realize they are going to have to pay.

Read More

World Economy Worst in Two Years, Europe Darkening, Deflation Lurking: Global Investor Poll

Indeed. Europe is pretty much in depression. So is Japan. (But so what’s new?) And by the way deflation is not necessarily a bad thing. We had mild price deflation through the most prosperous part of American history between the Civil War and the Fist World War. Things should naturally trend toward being less expensive as innovation increases, delivery streamlined, and competition increases.- Just had to get that in.

Read More

Reuters investigation: Many small businesses touted by Ex-Im Bank actually part of giant conglomerates

Shock! The corporate slush fund known as the Import-Export Bank of the United States, aka Boeing’s Bank, doesn’t really benefit small business much. (In fact it generally hurts small businesses seeking to compete with the big guys which is one of the main reasons the taxpayer backed bank should be abolished.)

Ex-Im, backed by the crony wings of both parties, is in the midst of a full on spin war for its survival. It survived being killed in September but it will see another test in Congress next year. In its effort to paint itself as something other than a taxpayer backed slush fund for giant corporations it has sought to highlight its small business credentials.

Read More

Feds Engage in Massive Spying on Americans’ Cellphones from the Air (Feel safer?)

The domestic spying just keeps growing and growing. It’s a great example of the government snowball effect. Once a program or initiative has money behind it (and people with jobs who want to keep their jobs) it never ends. It just gets bigger and bigger. Such is the surveillance state today. 9-11 happened. (It started before 9-11.) We freaked out. Now the surveillance snowball rolls and rolls picking up our civil liberties along the way.

Read More

1 of 16212345678910...Last »