The fact that forced-union states have been losing taxpayers shouldn’t come as a surprise. The trend has been occurring for decades. Year after year, taxpayers are merely moving to where there is a more favorable climate–both literally and figuratively.
Read More »Hey, I’ve got good news and bad news this fine and wonderful morning. The good news is that there may well be a new investment opportunity for those of us eager to improve our financial means. The bad news is that it consists of a hedge fund run by none other than Jon “I simply do not know where the money is” Corzine. If this | Read More »
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss how MF Global went bankrupt, why the CPI is an inaccurate reflection of life for an average American, and what the real financial situation is for many families today. We’re brought to you as always by BigGovernment and Stephen | Read More »
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Jon Corzine’s testimony before Congress on MF Global, the proposed Robin Hood Tax and how it would hurt the little guy not big banks as intended. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. | Read More »
Expect the next few weeks to be loaded with deals on a year end spending package and expiring tax provisions. This is the time of year when controversial items are snuck into massive spending bills, so keep your eyes on Washington, D.C. The Senate is debating a controversial judge — Caitlin Halligan. The House is considering a long list of items including regulatory reform. Jon | Read More »
The amount of customer money missing from the collapsed trading firm MF Global may be more than $1.2 billion — double previous estimates — the trustee dismantling the firm’s brokerage unit said on Monday. (HT: Dealbook.com) MF Global blew up like the HMS Hood and took $1.2 Bn in customer funds down to Davy Jones’ Locker along with it. The Chicago Mercantile Exchange now has | Read More »
In New Jersey, where the last Democrat governor (while he was a US Senator) had a girlfriend who just happened to be the head of New Jersey’s largest government union, where the property taxes are the highest in the nation, and where the state faces a $10+ billion budget gap and the real debt may be as high as $176 billion, government union bosses have | Read More »
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