Editor’s Note: What if Presidential salaries were paid based on a true free market system? Is it possible to pay the President and Congress on Commission? Could governmental salaries be based on performance? Would it work? What effect would it have on the economy? In this article Tony Sagami of Weiss Research takes a look at […]
Could We Base Governmental Salaries on Performance? Read More »
Flat Rate Loans Flat rate lending is one of the most common types of loan practices in the world today. The main reason for its popularity is because of its ease of calculation. For instance, a loan of $2,000 may be set up with two years of fixed monthly payments plus interest and is paid by the
What is a Flat Rate Loan? Read More »
Today’s investing environment provides a wide variety of opportunities for smaller investors. Among them is the availability for smaller investors to participate in the oil futures market. This has come about due to the creation of the E-mini contract. E-minis are futures contracts that represent a fraction of the value of normal futures contracts. E-mini contracts
Investing in Oil for Small Investors Read More »
Editor’s Note: In the following excellent article Brandon Smith argues that world-wide, Socialism is a failure and that America can’t afford it and therefore it can’t be implemented. I’m not so sure. Politicians are known for implementing things we can’t afford and the consequences often take longer to be realized than a thinking person would
Is the Socialization of America Economically Impossible? Read More »
How is the Keystone XL Oil Pipeline Progressing? Four and a half years of studies and five failed votes in the House later, exactly where are we with the Keystone XL Oil pipeline? Stuck on the US-Canadian border where it is likely to remain until mid-2013 despite the headline-grabbing issuance of one of three permits to
How is the Keystone XL Pipeline Progressing? Read More »
Editor’s Note: Although this article specifically mentions events in the U.K. it is equally applicable to events and situations in the U.S. I just finished reading best selling author Michael Lewis’ excellent book The Big Short: Inside the Doomsday Machine which fully details the inside workings of the U.S. SubPrime Bond market that led up to the 2008
Forensic Accounting the Solution to the Financial Crisis Read More »
These days, when we hear about “debt” in the news media, it is often Greece’s debt that is the topic of discussion. According to the media it seems that Greece’s debe must be way out of proportion with the rest of the world. Many experts believe that no matter how much austerity is imposed Greece will never be able to repay
Debt in Relation to Gross Domestic Product Read More »
OIL: Iran Hunting for Dragons in the Caspian Sea By. Daniel Graeber of Oilprice.com Iran announced this week that it’s made its first oil discovery in the Caspian Sea in more than 100 years. The semiofficial Fars News Agency reports the find, in ultradeep waters, may hold the equivalent of 7 percent of the country’s
Iran Finds Oil in Caspian Read More »
Students with a small amount of savings on the side might want to consider putting their nest egg in secure investments so that it grows over time. A savings account from a bank will hardly accrue any interest, and a CD will often yield little more. The obvious choices left are stocks and bonds, two of
A Student’s Guide To Investing in Bonds Read More »
Euro-Crash In an interview with Louis James, world traveler and legendary speculator Doug Casey makes a compelling case for becoming a “permanent tourist” to be best able to survive the coming economic crash. Louis James: So Doug, you’re off to FreedomFest shortly, where people will be able to hear your latest thoughts on many subjects.
Doug Casey: A Eurocrash Is Baked in the Cake Read More »
