97 Reasons Why Americans Hate Taxes

tax1At this time of the year, millions of Americans are rushing to file their taxes at the last minute, and we are once again reminded just how nightmarish our system of taxation has become.  I studied tax law when I was in law school, and it is one of the most mind-numbing areas of study that you could possibly imagine. 
NYSE:DIA April 12, 2016 4:01pm

Barack Obama Says That What America Really Needs Is Lots More Debt

debtWhen it comes to taking a chainsaw to the future of America, nobody seems more eager than Barack Obama.  Despite the fact that the U.S. national debt is on pace to approximately double during his eight years in the White House, he has just proposed
NYSE:DIA February 3, 2015 2:27pm

Dependence On The Government Is Out Of Control In America

economyIf you could stay home and watch television, play video games and hang out with your friends all day at government expense, would you do it?  Of course most Americans that collect money from the government each month are not abusing the system. 
NYSE:DIA November 19, 2014 6:45pm

A List Of 97 Taxes Americans Pay Every Year

tax systemIf you are like most Americans, paying taxes is one of your pet peeves.  The deadline to file your federal taxes is coming up, and this year Americans will spend more than 7 billion hours preparing their taxes and will hand over more than four trillion dollars to federal,
ETF BASIC NEWS March 25, 2014 3:01pm

Trouble Ahead For The U.S. Economy?

economyIs the U.S. consumer tapped out?  If so, how in the world will the U.S. economy possibly improve in 2014?  Most Americans know that the U.S. economy is heavily dependent on consumer spending.  If average Americans are not out there spending money,
NYSE:DIA January 2, 2014 12:07pm

The Japanese Debt Bomb Could Set Off Global Panic At Any Moment

japanese GDP growthHow much is 1,000,000,000,000,000 yen worth?  Well, a quadrillion yen is worth approximately 10.5 trillion dollars.  It is an amount of money that is larger than the "the economies of Germany, France and the U.K. combined".  It is such an astounding
NYSE:EEM August 12, 2013 12:39pm

During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Federal Reserve

tax systemHow would America ever survive without the central planners in the Obama administration and at the Federal Reserve?  What in the world would we do if there was no income tax and no IRS?  Could the U.S. economy possibly keep from collapsing
NYSE:GLD August 9, 2013 12:17pm

The Japanese Financial System Is Beginning To Implode

japanese GDP growthThe financial system of the third largest economy on the planet is starting to come apart at the seams, and the ripple effects are going to be felt all over the globe.  Nobody knew exactly when
NYSE:DIA May 27, 2013 9:42pm

America Was Much Better Off Before The Income Tax

recession governmentDid you know that the greatest period of economic growth in American history was during a time when there was absolutely no federal income tax?  Between the end of the Civil War and 1913, there was an explosion
NYSE:DIA April 14, 2013 10:21pm

Financial Collapse Inevitable As The Derivatives Bubble Grows

market correction bearHave you ever wondered how the big banks (NYSEARCA:XLF) make such enormous mountains of money?  Well, the truth is that much of it is made by gambling recklessly.  If they win on their bets, they become fabulously wealthy. 
NYSE:DIA April 2, 2013 11:27pm

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