Middle Class Dismissed

American expats are “offshore tax dodging” “trash”, say Homelanders

"So, there you have it. According to America, all Americans living abroad are 'offshore tax dodgers' since they are taxed where they live to pay for the infrastructure they use. Why does America seek to trash its diaspora? Because it believes that they are pirates sailing around with stolen treasure. Yet, the impact of US policy on Americans living abroad has never been an American concern, as one fellow kindly stated to one who does not live in America. The US government clearly doesn’t give a damn if Americans are harmed as a result of US policy, but it is eager to brand its expats as 'tax cheats' and to throw them away as 'trash'." Continue reading →

Continue ReadingAmerican expats are “offshore tax dodging” “trash”, say Homelanders

Can the Internet Tax Be Stopped Just Like the Attack On Syria?

"This time we would be stopping a direct attack on us. A new national comprehensive survey commissioned by National Taxpayers Union and the R Street Institute finds that Americans overwhelmingly oppose new legislation, like the Marketplace Fairness Act, that lets states force tax collection obligations on Internet purchases made from businesses outside their borders. Fifty-seven percent of respondents in recent polls opposed changes to Internet sales tax policies like those provided in the Marketplace Fairness Act. Will Rand Paul, Justin Amash and 'Leader' Mitch McConnell take up this cause?" Continue reading →

Continue ReadingCan the Internet Tax Be Stopped Just Like the Attack On Syria?

The 7 Choices Left to the Military-Industrial Complex

"Since 2002 the US government has presided over one of the most dramatic financial bubbles of all time: the bubble of the military-industrial complex. This bubble, like all others, will pop, and it looks to be deflating right now. The amounts of money that have been spent in the past decade can only be characterized as obscene. In addition to the military complex, we have a massive intelligence complex. Not only that, but we also have a massive law enforcement complex. The Department of Homeland Security has given them at least $34 Billion in the past several years, on top of their take from local taxes, state taxes, fines, seizures, and other Fed money." Continue reading →

Continue ReadingThe 7 Choices Left to the Military-Industrial Complex

Private Plane Pilots Face Warrantless Drug Searches

"Private plane pilots, especially those traveling to or through states with relaxed marijuana laws, are being subjected to warrantless searches by state and federal law enforcement, the Toledo Blade reported Monday. 'None of the stops resulted in anything being found,' said Steve Hedges, a spokesman for the owners and pilots association. 'In most cases, the pilots were stopped and held while their planes were searched… I'm told one pilot was asleep in a motel room with his wife when agents kicked the door down and took them back out to the airport to search his plane, only to find nothing there.' The pilots' group has filed Freedom of Information Act requests for documentation justifying the searches." Continue reading →

Continue ReadingPrivate Plane Pilots Face Warrantless Drug Searches

Billionaire: Part-Timers Will Near 50% of Workforce Due to ObamaCare

"On the McLaughlin Group this weekend, Mort Zuckerman, real estate billionaire and owner of the New York Daily News and of U.S. News & World Report stated: 'Part-time employment is going to grow from 25 percent of the workforce to close to 50 percent of the workforce in part because of the problems of healthcare obligations.'" Continue reading →

Continue ReadingBillionaire: Part-Timers Will Near 50% of Workforce Due to ObamaCare

Nigel Farage offers Barroso some cooling news on euro and climate change

"The euro which you believed would give us monetary stability has done the very opposite, it was a misconstruction from the start, and it's pretty clear that youth unemployment, at nearly 50% across the Mediterranean, is probably nearly double what it would have been as a direct result of the misconstruction that is the euro. They're in the wrong currency, but I know that you'll never ever admit to that, and the euro I think will die a very slow and painful death. But it's the green agenda that I find really more interesting. You keep telling us that climate change is an absolute top priority, and you've been greeted with almost hysteria in this place over the last ten years." Continue reading →

Continue ReadingNigel Farage offers Barroso some cooling news on euro and climate change

Obamachow: Is National Food Insurance The Next Big Idea?

"John Goodman of Southern Methodist University, a leading voice for free market medicine, has asked us to imagine what our groceries stores would look like if they were run like the medical system. In this piece, we will take his observations and add some of our own. As you enter the store, note that there will be no prices posted. In addition, the price you pay will vary according to who you are and how you will pay. You’ll have to come in during office hours because the store will close on weekends and holidays. What you want probably won’t be on the shelf. You will be told to come back later. If you do find what you want, you will have to wait to pay, perhaps a long time, [..]" Continue reading →

Continue ReadingObamachow: Is National Food Insurance The Next Big Idea?

A Measure of Our Impoverishment (Which They Hope You Haven’t Noticed)

"The federal government can fudge – can outright lie – about the various indicators of economic health. Can shift perceptions of reality. But reality can’t be dismissed so easily. If it takes more dollars to purchase cocoa or sugar then the price of a Creme Egg or chocolate bar has to increase commensurately in order to maintain the same equilibrium between the cost to make the item and the profit it earns. When the economy is flooded with funny money, the value of a given thing remains the same but its apparent cost increases. It takes more sheaves of funny money to buy the same item. This is inflation." Continue reading →

Continue ReadingA Measure of Our Impoverishment (Which They Hope You Haven’t Noticed)

Employment: Trending Down

"Charts and data provided by longtime correspondent B.C. reflect what many know from first-hand experience: employment is trending down. The growth rate of employment is declining over time, as positive growth weakens and recessionary declines deepen. Though the 3-year average annual change has improved to near-zero, the 5-year (i.e. longer-term trendline) is still solidly negative. There are two other trends in employment: 1. Decline of full-time jobs and the rise of part-time jobs 2. Stagnation of high-wage employment and increases in lower-wage job sectors." Continue reading →

Continue ReadingEmployment: Trending Down

The future of work: on to a freelance model?

"If work is changing and freelance-like work is on the rise, bringing with it increased freedom, autonomy and diversity but also probably added unpredictability in terms of steady incomes, then we’ll probably also need a societal change and start questioning our need to own things and how we approach borrowing and lending money. For many, facing all this change can seem daunting, which was probably why at some point of our interesting dinner conversation my friend suggested that for a couple maybe one could pursue a project-based/entrepreneurial activity of some sort while the other could guarantee some 'stability' from a 'traditional' job." Continue reading →

Continue ReadingThe future of work: on to a freelance model?