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When do you stop working for your government?
I just read an article over at CNN that this year’s Tax Freedom Day in the U.S. is April 23rd. Tax Freedom Day is a purely theoretical date that helps you to visualise how much the government steals from the income of an average American. It depends a lot on the state you’re living in…
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Turbulent times – dollar drops again, gold gains ground
These are pretty interesting days as lots of things are going on right now on the financial markets. A couple of hours ago for instance JPMorgan Chase announced they’ll buy Bear Stearns for just $2 a share in a stock-swap deal and also significant is that the Fed agreed to fund up to $30 billion…
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Dollar drops to new record low
As oil jumped over $100 per barrel and gold reached new record heights of over $960 the U.S. dollar reached a new record low yesterday. For the first time since the euro was found in 1999 the U.S. dollar crushed the psychological barrier of $1.5 per EUR. Analysts believe the Fed will further cut the intrest…
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Dollar heading the right direction – EUR to drop under $1.4?
The dollar is gaining some ground again this week. After flirting with $1.5 per EUR the currency exchange is now heading up again to $1.45 and higher. Currently 1EUR is worth about $1.45 and I just read that ING analysts expect the dollar will rise to $1.38 per EUR this year on lower US trade deficits, optimism…
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Proof that Global Warming is real…
and that it may not necessarily be a bad thing at all : If that’s the case it’s time to start burning some more fossil fuels to get the temperatures up By the way, I read an interesting article this weekend on CNN Money about the cost of oil. A barrel of oil is now…