Government is simply brain-dead. They fail to grasp that government is indeed a PUBLIC SERVANT and by no means are they the inherent nation themselves. They do not ADD to the national wealth since they produce nothing – they are the consumers of all wealth. Yet governments worldwide see ALWAYS the people as the problem […]

In the tax code there are provisions that clearly state that payment for employment is taxable defining wages as “all remuneration for employment.” However, when a company closes down and tries to be fair to its employees providing severance payments, as in the case of Quality Stores, you are receiving money not for employment. Clearly, […]

There were two taxes that altered how people lived. There was the Window Tax that inspired row homes in Colonial America. That simply became the standard and long after the tax was gone, row homes became the norm. Row Homes eliminated the need for windows on two sides of the house. You will also see […]

QUESTION: Mr. Armstrong, I have a question concerning digital currency. How would transactions take place during times of internet, phone or power interruptions? Having a small business I see these things happen from time to time. People still usually have a little cash with them if not they are screwed. Would paper currency still be necessary? […]

Israel Raising Taxes also to insane levels. The entire Western Society has gone off the reservation following Marx down the path of doom.

This is the deflationary aspect of what we face. These people want all information on everyone everywhere. There is a meeting of the G20 to now implement their data sharing to ensure there will be no account anywhere they do not know about. Smile – they are coming after you and your job.

Labor unions have been Marxist by design. Anything that attempts to flat-line the economy will fail. It is a business cycle that is at the very least impacted by human nature. Australians are now losing jobs to New Zealand because costs are 30% less. This is simply the nature of capital flows – International Competitiveness. […]

The Labor Party in Australian goes down with a real thump. Politicians have to wake up. This entire Marxist-Socialism agenda is collapsing the same as Marxist-Communism did in China and Russia. The main election issues in Australia were:  the economy,  reducing the number of asylum seekers arriving by boat (immigration),  taxes on carbon emissions The […]

Obama wants to raise taxes $1.6 trillion. September is the Debt Ceiling Contest. These people keep spending more than they collect in boom time and bust times. The borrowing is just printing money that pays interest as it began in 1863.   They had at first issued demand notes or Greenbacks that paid no interest […]

The side-effect of socialism and high unemployment among the youth is the rising crime rate in Europe involving youths under 25 for monetary gain. A 72 year-old retired boxer beat-up a youth with a knife who entered his home. Hiring police has been rising, but at the same time there are those who are arguing […]