Thursday, January 02, 2014

Tax and Spend

New Obamacare taxes and fees take effect.

D.C. suburbs, flooded with stolen money, dominate countries richest counties.

IMF admits western countries can't pay their debts and will default. Where have I heard that before.
"The paper says the Western debt burden is now so big that rich states will need same tonic of debt haircuts, higher inflation and financial repression - defined as an “opaque tax on savers” - as used in countless IMF rescues for emerging markets. "
They're going to steal savings.

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