ORWELLIAN: Companies Must SWEAR Obamacare Not A Factor In Firings Or Face Consequences Link: Obama officials made clear in a press briefing that firms would not be allowed to lay off workers to get into the preferred class of those businesses with 50 to 99 employees. How will the feds know what employers were thinking when hiring and firing? Simple. Firms will be required to certify to the IRS – under penalty of perjury – that ObamaCare was not a motivating factor in their staffing decisions. To avoid ObamaCare costs you must swear that you are not trying to avoid ObamaCare costs. You can duck the law, but only if you promise not to say so.
Bank Lobbyists Want To Raise Taxes On 96 Million Americans Link: As Congress debates an overhaul of the tax code, it is considering implementing new taxes that will have a dramatic impact on the middle class and effectively raise taxes on about 96 million people. This blanket-style review of the tax code would end the tax-exempt status for nonprofit credit unions, which would jeopardize tens of thousands of jobs and stifle economic growth.
The Dying Dollar: The Federal Reserve and Wall Street “Assassinate the US Dollar” Link: Since 2006, the US dollar has experienced a one-quarter to one-third drop in value to the Chinese yuan, depending on the choice of base.
China Poised To Play Debt Card – For U.S. Land Read Link: Could real estate on American soil owned by China be set up as “development zones” in which the communist nation could establish Chinese-owned businesses and bring in its citizens to the U.S. to work? That’s part of an evolving proposal Beijing has been developing quietly since 2009 to convert more than $1 trillion of U.S debt it owns into equity.
10 Facts About The Growing Unemployment Crisis In America That Will Blow Your Mind Link: Did you know that there are more than 102 million working age Americans that do not have a job?
Dark Wallet Will Make Bitcoin Accessible for All—Except the Feds Link: Bitcoin, the digital currency once known for powering the black market of the deep web, has officially caught the attention of the proverbial Man. The US government is working to regulate and control the crytocurrency; law enforcement is confiscating millions of virtual coins used for illegal transactions; and venture capitalists and entrepreneurs are chomping at the bit to profit from the hype.
Carter: Middle Class Today Resembles Past’s Poor Link: Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House.
These 10 Corporations Control Almost Everything You Buy Link: A chart we found on Reddit.com today shows that most products we buy are controlled by just a few companies. It’s called “The Illusion of Choice.” Ever wonder why you can’t get a Coke at Taco Bell? It’s because Yum! Brands was created as a spin-off of Pepsi–and has a lifetime contract with the soda-maker.
IRS Watchdog: $67 Million Missing from Obamacare Slush Fund Link: The IRS is unable to account for $67 million spent from a slush fund established for Obamacare implementation, according to a TIGTA report released today.
The Fed’s ‘Hidden Agenda’ Behind Money-Printing Link: The markets were surprised when the Federal Reserve did not announce a tapering of the quantitative easing bond buying program at its September meeting. Indeed, its signal to the market that it was keeping interest rates low was welcome, but there may be a hidden agenda.
Obamacare’s ‘Cool Calculator,’ Part 2: The ‘Wedding Tax’ Link: When combined with Uncle Sam’s current income and payroll tax regimes, the gradual expiration as income increases of Obamacare’s “tax credits” will raise the portion of income taken by the government for each additional dollar of earnings to between one-third and one-half, effectively taxing most American workers at marginal rates usually limited to the planet’s highest income earners.
Too Big To Fail Is Now Bigger Than Ever Before Link: The too big to fail banks are now much, much larger than they were the last time they caused so much trouble. The six largest banks in the United States have gotten 37 percent larger over the past five years.
President’s Family Costs US 20 Times What Royal Family Costs UK Link: U.K. newspapers are having a little chuckle about a new book reporting that Obama’s family cost U.S. taxpayers $1.4 billion last year alone, whereas the royal family cost the U.K. a measly $57.8 million – more than 20 times less than the First Family.
25 Fast Facts About The Federal Reserve Link: As we approach the 100 year anniversary of the creation of the Federal Reserve, it is absolutely imperative that we get the American people to understand that the Fed is at the very heart of our economic problems.
Obama: ‘Raising the Debt Ceiling…Does Not Increase Our Debt,’ Though It Has ‘Over 100 Times’ Link: Raising the debt ceiling doesn’t increase the nation’s debt, Pres. Obama declared in a speech today.
Companies Lay Off Thousands, Then Demand Immigration Reform for New Labor Link: On Tuesday, the chief human resources officers of more than 100 large corporations sent a letter to House Speaker John Boehner and Minority Leader Nancy Pelosi urging quick passage of a comprehensive immigration reform bill.
The Downfall of Liberal California Link: It now has the highest state income tax rate in America thanks to Proposition 30.
Everything Is Rigged: The Biggest Price-Fixing Scandal Ever Link: Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right!
Does Brown Really Think California’s Economy is ‘Successful’? Jerry Brown is telling the world California is in a recovery, the budget is balanced and we will even have a surplus. Conveniently, he forgets the $90 billion in debt/deficit that is owed, money stolen from Trust Funds, borrowed from Wall Street and the Feds.
Beer Map: Two Giant Brewers, 210 Brands In the past decade, a few big beer companies went on a buying spree, spending some $195 billion to buy up brewers around the world, according to Bloomberg.
Coal Plants Are Victims of Their Own Economics During the presidential campaign last fall, a single message was repeated endlessly in Appalachian coal country: President Barack Obama and his Environmental Protection Agency, critics said, had declared a “war on coal” that was shuttering U.S. coal-fired power plants and putting coal miners out of work.
Facebook Paid No Income Tax Last Year While most of the country is getting hit with higher taxes, the social media giant got a pass-and even got $429 million in refunds.
Time Warner Continues to Shrink, May Sell Off Most of Its Magazines With the February 14 announcement that Time Warner (TW) is selling most of its print magazines to little-known Midwest publisher Meredith Corporation, the media giant continues its great shrinking act which dates back to 2001.
32 Days of Higher Gas Prices Comes at Tough Time Gas prices have risen for 32 days straight, according to AAA.
U.S. Retail Sales Growth Slows After Tax Hike U.S. consumers increased their purchases of retail goods in January at a slower pace, suggesting that a beginning-of-the-year tax hike partly restrained spending.
