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us economy what are you waiting for

What Are You Waiting For?

August 18, 2014 By: Kelly Diamond, Publisher The class warriors are growing in numbers and upping their decibels as the US economy continues to suffer. Regardless of what the media says, or the contrived reports from the White House indicate, individuals are feeling the burn of reality. Little short term charts shown out of context telling us the housing market is recovering, or economic indicators regarding unemployment ignoring the growing number of individuals who have dropped out of the labor force altogether and stopped even trying … [Read More...]

immigration v emigration

The “I”mmigrants vs. The “E”migrants

August 15, 2014 By: Bobby Casey, Managing Director at GWP Two days ago I returned from a cruise through the Baltic Sea. On September 1st, I boarded the ship in Amsterdam for an 8 day journey throughout the Baltics with stops in Warnemunde – Germany, Tallinn – Estonia, St Petersburg – Russia, and Helsinki – Finland (I got off the boat in Helsinki, but the ship continued to Stockholm – Sweden, Copenhagen – Denmark, then back to Amsterdam). I was on the cruise as a speaker for an offshore conference hosted by my good friend Joel Nagel. Joe … [Read More...]

economic patriotism

“Economic Patriotism”

August 11th, 2014 By: Kelly Diamond, Publisher Taxation has transitioned from being a means of providing for basic services and needs of the country into a punitive measure to socially engineer the people and their businesses. Those who disagree are marked as being economically unpatriotic. Not that long ago, I wrote about companies that are expatriating… or inverting… out of the United States. Walgreens was among them. They recently tried to join forces with a Swiss drugstore chain mainly to avoid the onerous taxes imposed on them at the … [Read More...]

immigration

(Im)Migration: It’s Just Moving

August 4, 2014 By: Kelly Diamond, Publisher Two issues seem to be dominating the internet this past week or so: Immigration and the Israeli-Palestinian conflict. While the former has more to do with immediate economic issues in the United States, the latter will send me off the deep end and couldn’t be covered in a lifetime of perpetual writing. So, in the interest of brevity and my frail heart, we’ll stick with immigration. Immigration is the government term for what really amounts to nothing more than moving or migration. Here at G … [Read More...]

ukraine EU

The Ukraine and the EU

July 28, 2014 By: Kelly Diamond, Publisher Admittedly, I have felt rather lost when it comes to understanding what has been happening in the Ukraine. It seems there are those who have been able to follow it closely from the very beginning, but I, for the life of me, have not been able to get a handle on it. I have pieces. Pieces, which by themselves have different implications than if placed in the context of a larger picture. Here’s what I’ve managed to gather so far: The EU is playing a bit of a tug of war match with Russia for the … [Read More...]

Entrepreneur on Fire Interview

Bobby’s Interview w/ John Lee Dumas

July 21, 2014 Bobby's recent interview with John Lee Dumas of EntrepreneuronFire.com!   … [Read More...]

expatriation walgreens

Expatriation is ALSO Becoming the Norm

July 21, 2014 By: Kelly Diamond, Publisher I find it funny that so many uber nationalistic individuals like to condemn those who either opt to leave or would like to open up the borders as being “unpatriotic”. I protested the protesters this past weekend because honestly the issues never boil down to migrants. It usually boils down to really horrible domestic policies. For example, people get upset about immigrants getting on welfare. Aside from the illegal immigrant population in the US putting MORE into the system than what they take … [Read More...]

expropriation

Expropriation: The New Norm

July 14, 2014 By: Kelly Diamond, Publisher What sort of nasty business has the Troika been up to lately? Well, first a brief refresher on who the Troika is: The European Commission, The European Central Bank, and The International Monetary Fund. The stated purpose of the Troika is to manage the Eurozone’s financial affairs, including, but not limited to, bailout situations. The world watched as Italy, Ireland, Portugal, Spain, Greece, and Cyprus hit rock bottom. Slovenia was my guess for the next to collapse, but there is still F … [Read More...]

excise tax

Business Crowded Out by Mandates

July 7, 2014 By: Kelly Diamond, Publisher By now you probably know that Obamacare is rolling out in phases, and each phase has had its glitches. First it was that everyone has to have health insurance. NO MATTER WHAT!!!! But the penalties for not having insurance weren’t going to roll out for another year, giving folks time to sort out the business of transitioning their policies to ones that are “market reform appropriate”. Naturally there were several businesses who were and still are exempt from following the law to the letter. There ar … [Read More...]

bitcoin

Playing Catch-up With Bitcoin

June 30, 2014 By: Kelly Diamond, Publisher A little topic I’ve not indulged for a while is Bitcoin (BTC). There have been some interesting developments surrounding this particular virtual currency. Mt. Gox was hacked back in February and filed for bankruptcy by month’s end. Prior to that, Mt. Gox Vice Chair, Charlie Shrem, was brought up on charges for knowingly selling to Silk Road proprietor and patrons (the formal charge being money laundering). These last few months have been rough for Bitcoin, to be sure. If you read the comments f … [Read More...]

FATCA Amnesty

IRS Announces New Amnesty Program for FATCA Problems

June 26, 2014 By: Diane Kennedy, Contributor FATCA (Foreign Account Tax Compliance Act) goes into force on July 1, 2014. The IRS has already extended the deadline for 2 years for financial institutions that aren’t in compliance yet, but have made progress to come into compliance. FATCA has a couple of components. One targets foreign financial institutes and requires them to report on any accounts that are owned by US persons or in which US persons are beneficiaries or signators.  The other part adds a lot of penalties for US persons wh … [Read More...]

IRS

Internal Revenue Scandal

June 23, 2014 By: Kelly Diamond, Publisher There’s been a fair amount of grumbling over the past several months regarding the IRS and its dealings with some “Conservative” groups. It started off as there being a good amount of stalling and balking when some “conservative” groups filed for tax-exemption status with the IRS. About 25% of them were “stalled” or denied in some way. Given the average amount of time it takes to process the application and the general guidelines and standards for getting tax exemption status, there was no excu … [Read More...]

portugal stagflation

Portugal: A Glimpse into America’s Future

June 16, 2014 By: Kelly Diamond, Publisher The E.U. still has its struggles, and it seems every country it “helps” can’t manage to get out of the dire circumstances the Troyka ostensibly bailed them out of in the first place. I imagine a man drowning. Someone comes up with the brilliant idea that we splash the water away from the drowning man. So we do that for a bit, the water moves away so that he can actually catch his breath, and then the ones splashing the water away see this and say, “Okay, he’s got this!” and walk away. The reaso … [Read More...]

paraguay

Second Passport in Paraguay – Too Good to be True?

June 14, 2014 By: Bobby Casey, Managing Director GWP Is getting a second passport in Paraguay too good to be true? This week we found out all the details on the ground in Asuncion. This past week, I was meeting with our partners in Paraguay investigating their residency and citizenship program. We met with government officials in various offices talking about these opportunities and how to best navigate the process. One of our meetings at the migration office in Asuncion was rather hectic. The office was full of people, officials … [Read More...]

private property

Property Right: The One And Only

June 9, 2014 By: Kelly Diamond, Publisher For whatever reason, this past week has been a battle for property right on the interwebs! I had two major discussions, both of which ultimately lead to the same conclusion. The first was regarding the Isla Vista shooting/stabbing and the other regarding amassing wealth. The Isla Vista Shooting/Stabbing Joe the Plumber wrote an open letter in light of the Isla Vista shooting saying, “Your Dead Kids Don’t Trump My Constitutional Rights”.   In this letter, he also expresses his condolences. … [Read More...]