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California legislators appear to spend every waking hour finding new ways to tax their citizens

In the wake of a massive increase on the price of gasoline a few months back, one of the biggest tax burden states is preparing for their next scheme to fleece their populace.  And it appears that this will include invading their privacy as well through the tapping into their cell phones to monitor mileage use which will allow for a new mileage tax. California already is number one in state income taxes, an ...

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Biggest Hollywood studio gets even bigger as Marvel Cinematic Universe (MCU) acquires character franchises in deal with Fox

Thanks to the success of the Avengers and their entire Marvel Cinematic Universe (MCU), Disney by a long shot has become the most profitable franchise in Hollywood today.  And with their acquisition of even more character franchises like the X-Men and Deadpool on Dec. 14, this cinematic behemoth will only get bigger. Thanks to a blockbuster merger between Disney and 21st Century Fox which came together at t ...

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With Congress on the verge of passing tax reform, how will the new rules affect you in your particular area?

As we rush headlong towards the Christmas break, and perhaps more importantly for many the end of the fiscal year, passing tax reform before Dec. 31 has never been a greater priority for Congress over the past few years.  But with five Republicans holding out from standing lock-step with Majority Leader Mitch McConnell's coalition, negotiations over minute details could mean the difference between passage o ...

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Wall Street’s greed, and the Federal government’s corruption have left the U.S.’s infrastructure over 60 years outdated

Not taking into consideration the shipping of America's industry and production offshore, the other biggest thing hanging over any potential economic growth is the nation's dilapidated infrastructure.  And with Wall Street corporations not even interested in producing anything of value, but simply making money off making money through their financialization of everything, when you couple this with the Feder ...

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Unforeseen consequence: Pot legalization has limited California’s ability to use prison labor in fighting state’s wildfires

A combination of pot legalization coupled with court rulings calling for overcrowded prisons to release convicts early has now manifested in an interesting consequence for the state of California.  And that unforeseen problem is the state's ability to find enough prisoners able to work the fire lines as wildfires ravage across the drought-ridden terrain. For decades California has used low-level prisoners a ...

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Government seizure of $3 billion in Bitcoin from criminal organization helps push the meme that cryptos are only for lawbreakers

To wit, most governments to this point have dealt with Bitcoin and other cryptocurrencies using a velvet glove.  By this we mean they have primarily used propaganda and rhetoric to try to dissuade the general public from moving into it, or instituted minor threats such as focusing on making sure Bitcoin sellers pay their rightful taxes to try to limit its use in the general economy. However one of their big ...

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In the wake of the Kate Steinle verdict in San Francisco, the House submits new bill to penalize public officials over sanctuary cities

One of the most egregious rules in government at any level is that elected officials cannot be held responsible for laws or actions they undertake that lead to veritable harm to the citizenry.  And whether it is in the form of unlawful gun control rights that have led to the death of innocent victims unable to protect themselves from criminals, or in the most recent case of a sanctuary city where an illegal ...

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Government crackdowns on domestic Bitcoin trading will continue if capital flight becomes a serious issue

What a difference a year makes for Bitcoin. At the beginning of 2017 the cryptocurrency not only began its meteoric rise in price compared to the world's global currencies, but it also saw numerous governments commence their first real set of regulations and outright crackdowns as more and more investors used Bitcoin as a means to get out of their domestic currencies and into what they perceived were more s ...

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Following last week’s coup to oust Zimbabwe’s Mugabi, Venezuelan President Maduro tries desperate move with new sovereign cryptocurrency

As Zimbabwe began moving into its newest round of monetary hyperinflation, the government finally decided to step in last week and force out the long reigning dictator Robert Mugabi.  And with Venezuela also residing in a state of hyperinflation and imminent insolvency, President Maduro appears to be trying one last desperate act to stay in power by announcing on Dec. 3 plans to create a sovereign cryptocur ...

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Fed is fighting the last war and incapable of dealing with coming collapse that could be six times greater than 2008

According to economist Jim Rickards, the global financial system could very easily see a meltdown six times greater than what took place in 2008, and where central banks today would be incapable of handling such a collapse.  And One of the primary reasons for this according to Rickards is that the Fed, along with other central banks, are 'fighting the last war'. In a famous documentary about World War I, hi ...

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Trump victory over Obama holdovers at the CFPB who are alleged to have conned banks into funding ant-Trump organizations

When two of the biggest swamp dwellers in Washington pushed through the corrupt Dodd-Frank Banking Reform Act back in 2010, one of the by-products of this egregious legislation was in the creation of the Consumer Financial Protection Bureau.  And with prior Obama era holdovers actually suing the Trump administration for replacing them in offices they felt 'entitled' to have, a judge laid down the law on Nov ...

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A tale of two ‘cities’ American style

On Black Friday (Nov. 24), Amazon stock shot up during the day's market trading session which allowed CEO Jeff Bezos to become the first American to be worth over $100 billion... at least on paper.  And when you couple his wealth with the other two richest men in the U.S., their combined riches are greater than the total accumulated wealth of the bottom 50%. However the rapid increase in wealth for these me ...

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