Archive for the 'Economy' Category
Americans Renouncing Citizenship to Become British Increases 3X Over Last Five Years
March 3rd, 2013Sounds like out-of-the-pan-and-into-the-fire to me, but to each his own. Via: Telegraph: London-based American lawyers, who specialise in tax and immigration, report a threefold increase over the last five years in the number of American citizens who are giving up their citizenship – a process known as “renunciation”.
Spending: With Sequestration and Without Sequestration
March 2nd, 2013HC asks: “I was curious why you’re not covering the whole sequestration flap that’s saturating the media right now.” The reason why I haven’t been is because it’s a trivial event, either way. Soviet America is so far gone, so dependent on insane state expenditures, that the propaganda outlets lose their mind at the prospect […]
Mayor Bloomberg On National Debt: ‘People Do Seem Willing To Lend Us An Infinite Amount Of Money’
March 2nd, 2013What could possibly go wrong? Via: Politicker: Furthermore, while saying the federal deficit does indeed need to be curtailed, Mr. Bloomberg argued the United States could owe “an infinite amount of money” and there is no specific amount that would cause the country to default. “We are spending money we don’t have,” Mr. Bloomberg explained. […]
Recovery: Disposable Income Takes Biggest Plunge Since Monthly Records Began in 1959
March 1st, 2013Via: Bloomberg: Disposable income, or the money left over after taxes, dropped 4 percent after adjusting for inflation, the biggest plunge since monthly records began in 1959. The drop also reflected the lapse of the payroll tax holiday. Excluding the effect of the tax and other special factors such as the timing of bonuses and […]
Dairy Industry Wants to Add Artificial Sweeteners to Milk Without Disclosing This on Labels
March 1st, 2013Via: Yahoo Health / Healthline: Got diet milk? In a highly controversial move, the dairy industry wants to market artificially sweetened milk—without any special label to alert consumers. In a petition filed with the FDA, the International Dairy Foods Association (IDFA) and the National Milk Producers Federation (NMPF) seek to change the definition of “milk” […]
How a Family of Four Manages to Live Well on Just $14,000 Per Year
March 1st, 2013Nope, this isn’t about my family. 😉 However, this will all seem very familiar to long time Cryptogon/Farmlet readers. Definitely click through for the whole thing, but I’ve excerpted the most important factor of them all. Via: Business Insider: “But we decided the best option would be not to have a mortgage payment at all,” […]
ViaMat to Stop Vaulting Gold Outside of the U.S. for Americans
February 28th, 2013Via: Wall Street Journal: The Swiss-based company said it will no longer offer to store gold outside of the U.S. to private clients with potential U.S. tax liability, starting from the middle of 2013. The company attributed the decision to regulatory changes without specifying exactly what regulations led to the decision. More: Privacy at Risk: […]
3-D Printed Car
February 27th, 2013Via: Wired: Picture an assembly line not that isn’t made up of robotic arms spewing sparks to weld heavy steel, but a warehouse of plastic-spraying printers producing light, cheap and highly efficient automobiles. If Jim Kor’s dream is realized, that’s exactly how the next generation of urban runabouts will be produced. His creation is called […]
Why a One-Room West Virginia Library Runs a $20,000 Cisco Router
February 26th, 2013Via: Ars Technica: Marmet, West Virginia is a town of 1,500 people living in a thin ribbon along the banks of the Kanawha River just below Charleston. The town’s public library is only open Thursdays, Fridays, and Saturdays. It’s housed in a small building the size of a trailer, which the state of West Virginia […]
Foxconn Reshuffle: Some Manufacturing Going to Taiwan, Brazil, Indonesia and USA
February 25th, 2013Via: Forbes: Last Monday, Gou announced that Foxconn’s next major expansion push would be focused on Taiwan, where he wanted to put plants in New Taipei City, Taichung, and Kaohsiung. This comes at a time when the company is putting off the expansion of one of its China facilities, in Zhengzhou. Gou founded Foxconn in […]
