low gas prices

What Do Such Low Gas Prices Mean?

December 22, 2014 By: Kelly Diamond, Publisher A couple of weeks ago, I wrote about the Russian Hooker Index, which had to do with the increasing cost of living in Russia. Meanwhile, however, the US is enjoying some very low gas prices. I am NOT complaining about the prices one bit! (Just wanted to be super clear on that point, because the last time I was able to fill my tank for $20, was about a decade ago.) Much like the Russian Hooker Index, however, I am left wondering what economic forces are at play… or more ominous than that, w … [Read More...]

spain v ireland

The Tale of Two Bailouts

December 15, 2014 By: Kelly Diamond, Publisher This is the story about two bailout countries in the EU: Spain and Ireland. Their respective bailouts were not structured the same, but they were very close in timing and amounts offered. I don’t want to call this an experiment because it has no real controls. However, we can learn a few lessons from these countries and how they each go about addressing their economic woes. Ireland As you may already know, Ireland was the not-so-proud recipient of a 90 Billion Euro bailout in 2010. Its r … [Read More...]

russian hooker index

The Russian Hooker Index

December 8, 2014 By: Kelly Diamond, Publisher Economists have tried to bridge the gap between what people are feeling and what is happening on a macroeconomic level. Often times, people living in one particular geography convince themselves that their economic experience is pervasive: that because their economy is booming then all economies are booming or vice versa. Economics can be rather mundane if typical indices are not your cup of tea. However, there are other metrics now that are far more relatable. As a kid, I used to equate a … [Read More...]

estonia

E-Stonia: Wired & Well Ahead of the Curve

December 1, 2014 By: Kelly Diamond, Publisher I wrote about this over 5 months ago (“Portugal: A Glimpse into America’s Future”), but it looks like Estonia is getting their affairs in order quickly to offer their e-Residency to businesses around the world. In contrast to other countries like Portugal, Estonia is taking several creative and breaking measures to get the economic edge where they can! Back in June, it wasn’t entirely clear what the e-Residency was going to be, and it seems like while its purpose is being better defined, I d … [Read More...]

end of series llc

Is This the End of the Series LLC?

November 28, 2014 By: Diane Kennedy, CPA www.USTaxAid.com The right business structure will mean less tax, better asset protection and less IRS scrutiny. The wrong business structure can bankrupt your company and ruin your life. Let’s start with the basics. When it comes to business structures, there is the good, the bad and the ugly. The bad is the Sole Proprietorship (or Schedule C). You’ll risk everything you own if something goes wrong in the business. You’ll pay extra tax (15.3%) on net income. You can’t build business credit. A … [Read More...]

London Mayor says no to IRS

London Mayor Refuses to Pay the IRS

November 26, 2014 By: Christian Reeves, Publisher at PremierOffshore.com As first reported by The Guardian, the Mayor of London refuses to pay the IRS. Is he willing to fight for his principals? We’ll see. Here’s the setup: Boris Johnson was born in New York, holds U.S. and U.K. citizenship, and hasn’t lived in the U.S. since he was about 5 years old. The Internal Revenue Service wants $160,000 from him because he sold his London home at a profit. Mr. Johnson lives in the U.K. and pays extremely high taxes there. However, Uncle wants … [Read More...]

hong kong

Hong Kong: An Economic Gem

November 24, 2014 By: Kelly Diamond, Publisher I’m not a big fan of taxes. (I’ll give you a moment to recover from the shock. Ha ha.) But while that might be VERY true, I’m never adverse to measures taken to move away from taxes. Do I like 12% corporate taxes? Absolutely not. Do I like it better than 40% corporate taxes? You can bet the farm and win. So, when I read about the economic successes of countries that don’t have the same horrific tax regime the United States does, I consider it a brick in the argument against government inter … [Read More...]

tribute to dad

Tribute to My Father

November 21, 2014 By: Bobby Casey, Managing Director GWP This week, I said good-bye to a man I've known for 40 years. He was a good man with a great heart. A well-respected businessman, father, and community leader. This man was always willing to listen to your problems, fears, and successes as well as lend his own viewpoint when asked – and sometimes even when not asked.... Personally, he was a great example and a lifelong mentor. This man battled cancer off and on for a few years and finally the demon got the best of him. Even on his … [Read More...]

net neutrality

Don’t Trust “Net Neutrality”

November 17, 2014 By: Kelly Diamond, Publisher We live in some fast-changing times! There are advancements to behold in nearly every industry that are helping people and improving the quality of life for many. My dad was diagnosed with cancer in 1992 or so. They told him he had months to live unless he removed both his kidneys, his adrenal glands, and his lymph nodes. He would have to be on dialysis and the recovery time would be rather lengthy… assuming he lived through that. He turned his act around for sure in terms of habits and d … [Read More...]

government here to help

War on Self-Sufficiency!

November 10, 2014 By: Kelly Diamond, Publisher I see a lot of local news articles. And I’ve done a few write ups here about the over regulation of businesses by the government. But perhaps the bigger picture isn’t the regulations. Perhaps the bigger picture is dependency. This article is specifically for those who believe that we pay into the system because we receive from the system. This ALSO goes out to those who find people like me callous for opposing taxes which are purported to help the poor. Our first story is of the 90 year … [Read More...]

stansberry radio

Stansberry Radio Features Bobby Casey

November 5, 2014 StansberryRadio.com features guest: Bobby Casey (originally posted on 10/28/14) Why is now the time to internationally diversify your portfolio? Listen as Bobby shares his view on how to achieve true freedom by internationalizing your life using the "the multi-flag approach." Bobby talks about the implications of FATCA, the Foreign Account Tax Compliance Act. He considers it one of the worst pieces of legislation ever written... that few people know exists. Find out how this new law forces all international banks to … [Read More...]

government regulations

Government Curveballs

November 3, 2014 By: Kelly Diamond, Publisher What happens when the federal government imposes expensive regulations and jacks up the minimum wage? Local governments and businesses can’t keep up. What’s the difference between a local government being overwhelmed with federal government impositions and a private business? The local government will kick the can down the road while the business simply finds a solution. Commonwealth Issues Massachusetts is touted as having the best healthcare system in the United States… at least on t … [Read More...]

asset forfeiture

Theft By Any Other Name Is Still Theft

October 27, 2014 By: Kelly Diamond Between taxation and inflation, you'd think the government would have maxed out on plunder.  Nope.  Civil Asset Forfeiture is finally making the news. “If you have nothing hide, you have nothing to fear.” “If you just follow the law, you’ll be fine.” I hear those two phrases far too much. (Once is already enough to get my blood boiling!) The truth is, it doesn’t matter if you do or you don’t have anything to hide. And it doesn’t matter if you do or you don’t follow the law. The people doing the searc … [Read More...]

economic constipation

Constipated Economy

October 22, 2014 By: Kelly Diamond, Publisher By now, Lyft, Uber, and Sidecar are all fairly well known in metropolitan areas like San Francisco and the Greater Los Angeles area. It’s a smart phone application based service that is turning the taxi and private transportation industry on its ear! They are drastically undercutting the taxi services, because they don’t call themselves a taxi service. They are a ride sharing business. Rather than metered fares, they are a relatively low suggested flat “donation”. Most users pay the suggest … [Read More...]

boom and bust cycle

Boom And Bust Cycles Are Created By Central Banks

October 17, 2014 This micro-documentary is brought to you by our friend Claudio Grass at Global Gold Inc.  A very informative 15 minutes explaining the boom and bust cycles of our economy and how they are the inevitable product of central banking practices.  Share with those who you think could use this valuable information!   For more information about acquiring precious metals: Claudio Grass, Managing Director Global Gold Inc. Herrengasse 9 | 8640 Rapperswil | Switzerland Tel +41 58 810 1750 | Fax +41 58 810 175 … [Read More...]