Tax and Spend

The Greek crisis and negotiations keep rolling along without payment or default.

Australia's tax on savings is a way of creating negative interest rates and part of the war on cash.

"The measure is expected to serve as a global test balloon for Europe and North America will watch the outcome in Australia. If there will be no massive resistance of Australian savers, the rest of the world should expect this outright confiscation very rapidly."

People will take their savings out of banks.

Over 20 percent of jobs in Baltimore are government jobs.