Obama, The Fed, Hidden-tax heists
RAHN: Obama's hidden-tax heist - Washington Times: " . . . What is new is the big tax on savings, again imposed by the Fed. By artificially holding down interest rates to lower-than-expected real market rates, the Fed is, in effect, expropriating interest income (an implicit tax) that savers normally would be expected to enjoy. This interest manipulation enables the government to fund its debt at less than what would be real market rates at the expense of savers, making the deficit appear much smaller than it really is. There also has been huge growth in the unseen “regulatory tax” over the past four years. A regulatory tax is the cost of regulation imposed on the productive sectors of the economy when the costs of the regulation exceed the benefits. The Obama administration continues to ignore legislative mandates, both on comment periods and cost-benefit analysis, for the tidal wave of new regulation that is hitting businesses — and individuals. . . ."
My Reading List
-
Man Sets Himself on Fire Near Courthouse Where Trump Is on Trial
-
Onlookers screamed as fire engulfed the man, who had thrown pamphlets in
the air before he set himself aflame. A police officer tried to extinguish
the fla...
-
MarketForce winds down its B2B e-commerce arm
-
Kenyan B2B e-commerce company MarketForce is winding down its B2B
e-commerce business that served informal merchants (mom-and-pop stores)
after a turbule...
-
Target Confirms It Will Stop Selling Some Physical Media In Stores, Like
Movies
-
The future of physical media took another blow as Target confirmed
previously reported plans that it would stop offering physical DVDs in
store and trans...
-
-
This week at CBPP, we focused on state budgets and taxes, food assistance,
and housing. On state budgets and taxes, Whitney Tucker explained that
states ca...
-
These House Republicans want to boot Mike Johnson from the speakership
-
Just three Republicans have signed onto a "motion to vacate" against the
Speaker. But Democrats may protect him anyway.
-
Get Loud With Up to $250 Off Your Next Portable Speaker Purchase - CNET
-
A Bluetooth speaker is a great investment ahead of the summer, especially
if you can score a good deal on one.
-
Peanut Butter Belongs on Your Next Burger
-
This major flavor ingredient of cookies and no-bake pies might be coming
for your cheeseburger too.
-
Q1 GDP Tracking: Movin' on Up
-
From BofA:
Since our update last week, *1Q GDP tracking is up two-tenths to 2.1% q/q
saar*. [Apr 19th estimate]
emphasis added
From Goldman:
We left ou...
-
Tesla Will Recall Cybertruck in Latest Setback
-
A federal auto safety agency said the accelerator pedal on the pickup
truck, sales of which began in late 2023, could become stuck, increasing
the risk of ...
-
Bitcoin’s ‘halving’: What is it and does it matter?
-
The halving, which happens roughly every four years – the latest of which
is expected this week – is a change in bitcoin’s underlying blockchain
technology...
-
-
-
-
7 Google Photos tips for perfecting your pics on Pixel 7
-
Our new Pixel 7 and Pixel 7 Pro have incredible cameras for capturing your
memories, but snapping a photo is just the beginning. We all want to get
our ...
-
‘Every weld is a challenge’
-
Philadelphia schools are focusing career-tech training on preparing
students to move from high school to apprenticeships and skilled jobs,
reports Chalkbea...
-
Mindfulness: New age craze or science-backed solution?
-
- Mindfulness has become a billion-dollar industry.
- Research shows mindfulness can be an effective wellness practice, yet the
effect sizes found in stud...
-
-
Three steps to keep your YouTube account secure
-
In the spirit of World Password Day, we encourage all creators to bolster
the security of their Google accounts. Unfortunately, over the past several
month...
-
-
32+ Years...
-
[image: image from pbs.twimg.com]
-
Huawei Working On 5G Radar Tech For Self-Driving Cars
-
Current chairman Xu Zhijun said Huawei is working on millimeter-wave radar
and laser radar for use in autonomous vehicles as part of an “ecosystem” of
car-...
-
Bifurcar 'blockchain': universos paralelos de cadenas ingobernables
-
Los usuarios de Nano han demandado a sus desarrolladores por una pérdida de
criptomonedas valorada en 150 millones de euros. Si prospera, estarĂan
obligado...
-
The Blog Moves On
-
But the show goes on.
-
The US Treasury’s missed opportunity
-
The US Treasury recently published the first in a series of reports
designed to implement the seven core principles for regulating the US
financial system ...
-
The 'Only' Profession to 'Celebrate What It Means to Live a Life'
-
In another strange sign of the mounting culture wars, Viola Davis’s
emotional Oscars tribute to artists has become political fodder.
-
The search for the best middle-class tax cut
-
Say you want to help struggling middle-class families by cutting their
taxes. Say you want to figure out an actually helpful plan to do that, and
not just ...
-
IBM buys Ustream: is it a workforce communication play?
-
IBM has added Ustream to a long list of video technology company
acquisitions in the recent past -- like Clearleap acquired last month --
buying the stream...
-
Book Expo America, BookCon, Detroit Public TV Video
-
Tweets about #BookCon2015 OR #BEA15
*Date: Fri May, 29 2015 11:00 AM CDT — Sun May, 31 2015 3:00 PM CDT*
*Detroit Public TV will bring live inside the boo...
-
The World's Billionaires
-
Carlos Slim Helu takes the No. 1 spot on Forbes' annual list of the world's
richest as a record 164 billionaires return to the ranking amid the global
econ...
-
-
-
No comments:
Post a Comment