Monday, July 24, 2017

Credit, Cash & the Coming Crash


Globalists are eager to impose a “cashless” society where everything is credit and debt, where values are easily manipulated, and where all financial transactions are monitored and taxed by government. This is why they are squeezing you out of cash and into credit. This is why they do not want you to convert any of your paper dollars into a form of money they cannot control or devalue, such as gold. And if the globalists get their way, an American economic and social crash is inevitable. Your credit will disappear instantly. What will you do then, without hard money? Neither a plastic card nor a worthless green piece of paper will save you on that discredited day. You can prepare now, or be helpless then. [more...]

Money from Nothing


Traditionally, venture capital firms are the life blood of Silicon Valley-based tech startups; however, one type of technology, cryptocurrency, is flipping that relationship on its head. Simply put, digital currency startups don’t need the cash traditionally supplied by VCs; and now VCs are turning to cryptocurrency startups for a piece of the action. This reversed relationship is due to a phenomenon known as Initial Coin Offerings (ICOs). In an ICO, a cryptocurrency firm offers a percentage of their currency to initial public backers of the project in exchange for other types of digital currency, mainly Bitcoin. Simply put, startup cryptocurrency firms can create their own currency and use mathematical contract algorithms to control the behavior and existence of this currency. [more...]

Tuesday, July 18, 2017

Study Finds 25.5-Percent Dollar Overvaluation Spurs Trade Deficit

The Coalition for a Prosperous America (CPA) released a paper this week with an improved methodology for calculating exchange rate misalignment and its connection to the U.S. trade deficit, stagnation in wages and living standards, and slower economic growth. Michael Stumo discusses an innovative solution to the continuing problem of dollar overvaluation called the Market Access Charge (MAC).

“The U.S. dollar is 25.5 percent overvalued,” said Michael Stumo, CEO of CPA. “This bloated dollar problem amounts to a 25.5 percent export tax which U.S. businesses and workers must overcome to sell our goods and services competitively in global markets. Dollar overvaluation dramatically hampers President Trump’s ability to reduce the trade deficit, create good paying jobs and rebuild the middle class.”


The paper, entitled “The Threat of U.S. Dollar Overvaluation: How to Calculate True Exchange Rate Misalignment & How to Fix It,” reveals that the exchange rates of Japan, Germany, China, and South Korea are significantly undervalued, subsidizing their exports and severely limiting US market access. [more...]

America’s Secret Plan for the Debt Ceiling


Sometime this October, the federal government is going to run out of money. It will be unable to borrow more until Congress agrees to raise the debt ceiling, a vote that some Republicans want to use to shrink the government. If lawmakers cannot resolve the debt ceiling issue, then the government may employ what Bloomberg News on July 14 called a “once-secret plan written by the Obama administration that would lead to the first-ever default on U.S. debt.” “Bond traders are worried that [President] Donald Trump’s Treasury secretary may have to use it,” reported Bloomberg. [more...]

Monday, July 10, 2017

How to Rescue Your Retirement



Every day 10,000 Baby Boomers reach age 65, and this will continue until 2029. Many need to protect their life savings and prepare for retirement. Boomers expected a comfortable retirement, but for many the autumn of life seems to be going another way. People are right to be afraid, and to seek security; the signs that things are coming apart are all around us. But the way to “insure” your portfolio is to escape promissory paper, including paper money that politicians can confiscate via inflation. People would be wise to convert a portion of their savings into the universal store of value, gold. Baby Boomers need to act decisively to provide true security for their golden years. For a free copy of the White Paper The Annuity Trap, contact: David Bradshaw at 602-918-3296 or e-mail him. [more...]

Tuesday, May 2, 2017

American Tax System Makeover


After years of rising tax rates and intensifying frustration among individuals and corporations, it appears the American tax system is finally getting the makeover it needs. President Trump unveiled a tax plan which, at its core, will grow America’s economy. By slashing corporate and individual tax rates, this plan will encourage more business to be done in our great country and result in more money in all our pockets. Under the current tax system, corporations are taxed at some of the highest rates in the world. This has discouraged them from reporting profits in America; and as a result, $2 trillion have been stashed abroad. In the new plan, both by decreasing the effective corporate tax rate and by applying a one-time amnesty tax rate for collecting offshore profits, corporations will begin doing business again in America. [more...]

Monday, April 24, 2017

Border-Adjustable Taxes, The Dollar and Alternatives


The Republican business tax reform plan, also known as the House GOP Blueprint or the Ryan-Brady plan, features a type of border-adjustable tax (BAT). Border adjustability means that different tax rates apply within and outside the U.S. It is a potentially new feature in U.S. taxation that is attracting controversy and confusion. Border-adjustability has split both the Republican Party and the business community, with some supporting it, some bitterly opposing it, and some just trying to understand what it is. [more...]