HSBC's $550 Million Housing Settlement Is Only Costly $360 Million, With the Rest Covered By Uncle Sam. That Means You.
August's gap of $129 billion is down 13 percent from last year, putting Uncle Sam on track for a total deficit of just $506 billion
An Israeli gov't video promoting immigration of American Jews to Israel says "best of all" they can get a "free degree" on Uncle Sam's tab if they do so. Oh and Becky Sebo, an Ohio student arrested last night in pro-Israel demo, says "my country" is ISRAEL.
Tax fraud never stops, but Uncle Sam and other government officials are doing decent jobs of stopping, or at least catching, tax refund crooks. A Cobb County, Georgia, grand jury on Aug. 28 indicted four people in what officials describe as massive tax fraud scheme. Show More Summary
Today in 1981: Uncle Sam issues new 20-year Treasury bonds at a 15.78% yield, an all-time record-high interest rate for any U.S. government issue. Analysts say they expect that yields will have to go higher “to attract stronger demand.” Yields promptly begin going down, and keep going down for the next twelve years. Source: Daniel...Read More
This Report Is Dedicated To One Of My Facebook Friends - With A Doctor's Degree - Who Wonders Why The "Republicans" Have Not Sang The Praise Of The "Obama Economic Recovery" And That If Obama Was A White Republican He Would Be TheirShow More Summary
War Reporters Under Threat: The United States and Media Freedom I traveled to Iraq for the first time in the winter of 2004. I was a reporter at the Los Angeles Times, and had volunteered to help out at the Baghdad bureau over Christmas. It was a three-week assignment that ended up lasting nearly three years. Throughout that time,...
I was shocked to learn today that a group of the largest banks in the world, the very ones Uncle Sam spent big bucks on to save in 2008, have since then anted back to Uncle Sam a cool quarter of trillion so far in the way of fines for engaging in some of the [...]
Fees, taxes, and even inflation just kill your investment returns. A Thornburg Investment Management study of "real, real returns," which was alerted to us by Cullen Roche at Pragmatic Capitalism, shows how various costs eat into your stock market returns. Show More Summary
It's totally crazy that it's been almost two years since we featured a Madness song on Lost and Found, so let's get all patriotic heading into the Labor Day Weekend with our Uncle Sam.
In his rush to flame-broil Burger King as an unpatriotic fast-food joint looking to skip out on paying its taxes to Uncle Sam, MSNBC Hardball host Chris Matthews sought to enlist the famously pro-free market, pro-capitalism Wall Street Journal. Show More Summary
Oil tax revenue funds Alaska’s Permanent Fund, which distributes dividends equally to state residents. Peter Barnes wants a nationwide dividend system based on shared assets like our atmosphere. Photo of Alaska refinery by Flickr user...Show More Summary
How could Rachel tell her daughter that some people are exploited because they can't fight back? That sometimes the people meant to protect us are profiting from the dangerous infrastructure they permit? That it isn't always in the best interest
In a brilliant August 17 segment of Last Week Tonight, HBO host John Oliver ripped into small towns that have equipped their police with war-like military equipment. One town was Keene, New Hampshire, where their military-grade armored personnel truck was acquired to protect critical targets -- like the annual Pumpkin Festival. Show More Summary
As far as I was concerned, bible-thumping social conservatives were like obedient robots. When Uncle Sam called them to arms, heels clicked and hands met temples. When the preacher demanded chastity, zippers ascended toward belt-buckles. Show More Summary
Bank of America settles mortgage claims with Uncle Sam for $9.7B in cash, $7B in consumer relief.
How dumb is this comment cartoon from Chris Riddell which appeared in The Observer at the weekend. The underlying message is, of course, that John Bull and Uncle Sam have created the situation whereby Sunni jihadists are gleefully murdering...Show More Summary