llinois motorists are living in a bankrupt state that has promised pensions it never funded. Their state constitution bars the politicians from reducing the pensions so the net result, tax payers must pay a lot more to fund pensions of government workers. As oil prices have collapsed, tax revenues have dropped. The net result, the […]
The revelation that David Cameron’s father had offshore accounts through Panama has continued to plague Cameron and could create a nudge toward the tipping point come the BREXIT vote in June. “I know that I should have handled this better, I could have handled this better. I know there are lessons to learn and I will […]
Obama is calling for worldwide tax reform as is his socialist IMF candidate Christine Lagarde. “There is no doubt that the problem of global tax avoidance generally is a huge problem,” Obama said. This whole issue focuses on people not paying whatever the government demands. It never addresses government squandering money. Obama went on to say, “We […]
The International Consortium of Investigative Journalists (ICIJ) has clearly targeted Putin, however, it is his aids rather than him personally who were revealed in the Panama Papers. The political agenda of ICIJ is called into question by this action. Icelandic Prime Minister Sigmundur David Gunnlaugsson resigned just two days after the papers were released. Reports say that 12 […]
A lot of emails have been coming in with regard to the Panama Papers. Let me say this from the outset — Panama has been the key place to establish offshore accounts for decades. This was not a government hack. The German daily Suddeutsche Zeitung obtained the stash of records from an anonymous source and shared […]
The pension crisis is brewing and the one state that appears to be heading toward a complete bankruptcy is Illinois. Clients should not own ANY debt from Illinois, be it city, municipal, or state. Just get out before the curtain falls. The Illinois Constitution plainly states that pension benefits, once granted, “shall not be diminished or […]
The number of Americans resigning their citizenship has reached record highs. Americans were thrown out of everywhere after FATCA was enacted. Due to FATCA, foreign institutions must report anything an American is doing outside the country or that institution’s assets will be confiscated. I myself find it impossible to do business internationally as I used to, for […]
QUESTION: Martin … the reasoning behind goldbugs … advising people to buy gold to thwart the cashless society that govts will soon impose on us all. Do you think gold and silver will become the underground currency of the alternative economy as people try to get around the official cashless economy or not? thanks Regards P ANSWER:They probably will […]
The politicians are scared to death of Trump because he does what they fear to do: speak his mind. Politicians have to be prevaricators, hypocrites, and liars every single day. The problem becomes a major conflict when their lies are exposed when pursuing another dubious goal. Obama has slipped but, of course, the mainstream media will not […]
Under FATCA, it has become impossible for small business to expand internationally. FATCA punishes any foreign entity that does not report what an American is doing overseas. This single law is causing an implosion in the world economy and politicians are too stupid to figure out that they have really harmed the global economy. The […]
