The Fraudacity Of American Finance I just had to coin a new word. Audacity + Fraud = Fraudacity. John Mack yesterday in a CNBC interview said that the capital deployed by Treasury into the banks was going to rebuild their capital ratios – not be lent out. In...
Sickness Unto Debt By Ron Paul Created 10/13/2008 – 11:01am One of the burning questions regarding the recently passed bailout, and the one that almost no one has bothered to answer, is how the government intends to pay for it. Governments have three main...
2008 US Election & Quadrupling The Inflation Tax Daniel R. Amerman, CFA Overview US presidential candidate Barack Obama has proposed increasing the capital gains tax from 15% to 25%. Unfortunately, the biggest component of investment taxes during inflationary...
