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US Feds to End Private Prisons

The idea behind private federal prisons was to save money, but they did not. They billed the government the same and now they are losing their business. The US...

Hillary’s Corruption Knows No End

The revelations about Hillary are never ending. Even Donald Trump who admits buying politicians donated $100,000 to Hillary’s Foundation back in 2009. While...

Market Talk – August 26th, 2016

Ahead of Jackson Hole a mixed response in Asia with a choppy day for the Nikkei. Initially, the Nikkei saw a sell-off then an attempted rally just after lunch but...

Private Blog update on Dow for the Weekly Close

Private Blog Update for the Dow going into the week-end closing...

Merkel’s Refugee Crisis

Of course, Chancellor Angela Merkel has denied that allowing the refugees in has led to the recent Islamic terrorist attacks. She has admitted that fighting crime...

The Condo Market Turning Down

The condo bubble has broken in many markets. Even rentals in Miami and other prime markets have begun to decline. In part, the rise in the dollar is now...

China & Its Debt Problems

With a total debt of almost 250% of GDP, China’s debt problems are well known. Meanwhile, the government is working on resolving the issue by following the...

Market Talk – August 25, 2016

Neither the Nikkei nor Hang Seng could decide on a direction today as both flip-flopped between positive and negative territory. Only Shanghai was to remain lower...

U.S. Olympians Are Taxed on the Value of Gold in Medals

Believe it or not, someone can work hard to get into the Olympics and if they win the gold or silver medals, the Internal Revenue Service (IRS) is there waiting for...