Russia Raids Rusal Russian tax officials have raided the offices of the world’s largest aluminium producer, Rusal. The government is engaging in an investigation into alleged tax evasion. This is becoming a worldwide problem. Fiscal Mismanagement lead to oppression. They bribe the public to vote for them, then they turn against the people to pay […]

Diego Maradona, the Argentine soccer star who played for Italy between 1984 and 1991, is charged with owing Italy more than 32 million euros in tax. Upon visiting Italy, on one occasion they confiscated a diamond earring and auctioned it off. Then again they took his watches and sold them upon visiting Italy. http://www.bbc.co.uk/news/world-europe-21586345 The […]

Dave Janda, the host of Operation Freedom, had a guest on his show who informed the listeners that based upon information he said came from a high-level military officer that there is an Obama Administration’s new “Litmus Test” whereby senior officers are being asked would they be willing to order troops to fire on Americans if […]

One reader wrote a question many seem to have: LOVE YOUR BLOGS MARTIN!!! Taking the Italian issue one step further— Could we then deduce that if the Italians don’t want more austerity and that type thinking does spread to the rest of Europe, because the handwriting is on the wall for the people in power—then […]

Portugal is in a massive deep recession with GDP growth coming in more than a negative 1%. Portugal has announced it may cut the corporation tax to boost growth and investment. They are starting to realize that the youth have no jobs. You keep raising taxes and people leave. More than the tax rate, I […]

The French Socialist MP Yann Galut, the deputy chairman of the new Commission on Tax Exile, told the press he intended to target French who have left the country and go after their assets regardless where they live. In a book I hope to have finished this year, I have covered the collapse of every […]

If anyone doubts we are in a serious Sovereign Debt Crisis, then explain why even the Credit Agencies are cutting the credit ratings of sovereign nations. There was France, and now there is the UK. Moody’s cuts the UK Credit Rating to Aa1 from Aaa, citing weakness in the nation’s medium-term growth outlook that it now […]

I have been warning that the 2010 Foreign Account Tax Compliance Act that has turned into more than 500 pages of regulation and is causing a massive economic global contraction in the velocity of money, is also responsible for gold sales of late. As reported, even Switzerland has been forced to sign away its personal rights and […]

The Dow Jones Industrials have only reached 14102. They have not yet exceeded the 2007 high. Nonetheless, the market is paused for significantly higher highs and for now we are still in a staging position. Today should have been a Directional Change and the Dow backed off. Still, we face a lot of volatility building […]

The head of US tire maker Titan International launched a blunt attack on French productivity. He told the government that some French workers “work only three hours a day” and his company would be “stupid” to consider taking over a factory in the country. The remarks of Titan’s CEO, Maurice Taylor, addressed in a letter […]