In yesterday’s news was an interesting item. General Electric (GE) appears to be tax free. Free in that it has cut itself out of the tax system, freeing itself from paying any tax obligations. Because apparently, it has none.
November 24th, 2011 | Bill Bonner | 6 comments | ContinuedAll Posts Tagged With: "tax cuts"
The Magic Formula of Economic Success
If you look at any of the great economic successes over the past two hundred years, you will usually find this combination. Likewise, most of the great failures have the converse: high (or rising) taxes, and unstable money.
August 14th, 2009 | Nathan Lewis | 16 comments | Continued
Is There Any Wonder Americans’ Hate Bankers?
“The watchdog overseeing the federal government financial bailout says the government’s maximum exposure to financial institutions since 2007 could total nearly $24 trillion, or about $80,000 for every American.
July 22nd, 2009 | Bill Bonner | 0 comments | Continued
Hangover Nation
Have you noticed? Bernie Madoff bears a striking resemblance to George Washington. And so goes the nation…from the man who couldn’t tell a lie, to the man who couldn’t tell the truth…
January 28th, 2009 | Bill Bonner | 11 comments | Continued
Exodus In Waiting
The deadline for many investors to get their money back from hedge funds by the end of the year passed this weekend. Now we’ll see what happens. Will stocks stop falling now that funds have finished selling to meet redemptions? Keep in mind that hedge fund assets doubled over the last three years to around US$1.7 trillion today.
November 17th, 2008 | Dan Denning | 0 comments | Continued
