Breaking FATCA News: A Semi-Stay Of Execution For Americans’ Assets And The Dollar

The Foreign Account Tax Compliance Act (FATCA) has been postponed from July 1 until Jan. 1, 2016. This is good news in many ways for both those with assets they wish to internationalize as well as for the dollar and the U.S. banking system itself, but in many ways the damage has already been done.

30 Predictions For 2014 You Must Know About… And What You Can Do To Prepare

The year 2014 will be a wild mixture of both the best and the worst of times. The ratio of good to bad that impacts people’s lives depends largely on whether they are ready to embrace the best and marginalize the worst. Happiness and liberty are similar to luck; they tend to favor the prepared.

Lies, Damned Lies And Government Statistics

Mark Twain said, “There are three kinds of lies: lies, damned lies and statistics.” With all due respect to Twain, he did not extend the thought far enough; government statistics trump all lies. But then again, the government’s role as both pre-eminent statistics gatherer and manipulator is a phenomenon more applicable to our time.