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Internal Revenue Service data shows millionaires already pay taxes at a high rate.
What people buy when they’re worried. Of course, worried people buy gold and silver, which goes a long way toward explaining why the two precious metals have outshined all other asset classes over the past 10 years. But an alert reader reminded me of something else people purchase when they’re nervous about the future: guns. Check out the growth in shares of gunmaker Sturm, Ruger & Co., Inc. (RGR). It looks like their business is doing even better than gold.
A group of House Republicans will investigate the controversies surrounding the White House and several companies that received significant levels of government funding.
Representative Ron Paul has gained 6 percentage points since June and is now in second place in a poll of New Hampshire voters, turning on its ear the mainstream media’s hopeful prediction of a two-man race between Mitt Romney and Rick Perry.
If your vehicle is equipped with OnStar, Big Brother may be watching you while you’re traveling down the highway per new terms in the company’s agreement with General Motors drivers. Before the change, the terms and conditions said that OnStar could collect information on vehicle location only during a theft recovery or in the midst of sending emergency services to a driver. Now, the company says that it has the right to collect and sell personal, yet supposedly anonymous, information on vehicles, including speed, location, seat belt usage and other information. This information will be sought by law enforcement agencies and insurance companies.
Despite the fact that American youths turned out in record numbers for the 2008 Presidential election seeking “hope” and “change” and the promise of a brighter future, the latest reports from the Census show that young people in the country are now the most disenfranchised by the current state of affairs.
Though Sarah Palin has been portrayed by the mainstream media as someone who only relates with far-right Republicans, many of her ideas bridge the gap between the two political parties and appeal to many Main Street Americans.
Several key tobacco companies have filed a lawsuit concerning the unConstitutionality of being forced to place graphic warnings on their packs of cigarettes.
President Barack Obama has highlighted a specific bridge in Ohio to act as a symbol for the implementation of his jobs plan and fixing America’s infrastructure.