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Life Settlements, Viaticals and "Dead Peasant" Policies Enable the Rich to Profit From Death
Large corporations routinely capitalize on death and escape capital gains taxes by either by purchasing the life insurance policies of senior citizens or taking out life insurance policies on their employees. Either way, the corporation or investor becomes the new beneficiary of a tax-free windfall.
0 commentsTreasury Estimates Profit of $23.6 Billion on Bailouts
According to a March 2011 Treasury report, the total profit/loss for all the financial bailouts combined should net taxpayers a profit of $23.6 Billion. This includes the TARP, Fed and Treasury purchases of...
0 commentsThe Causes Of The 2008 Financial Meltdown And The Reforms Enacted - Are They Enough?
The 2008 financial meltdown was the worst economic crisis for the United States since the stock market crash of 1929 and the subsequent Great Depression. The root of the problem resided in the collapse of the housing market. There were several other...
32 commentsNevada Strategic Default Is Growing In Popularity
I am really excited that strategic default in Nevada is up to 1/4th of the walk aways. This is crucial since the more people walk away, the more that bankers will have trouble blowing another real estate bubble. And don't think they aren't trying....
18 commentsCrunchy Toast and an Outrage
Good morning breakfastpoppers. Today is Monday, January 24, 2011. A few days ago, Judge Lawrence P. Zatkoff, a federal district court judge in Michigan, dismissed a constitutional challenge to the government's...
70 comments20 Top Performer Stocks of S&P 500 index 2010 edition or leader stocks
This article will discuss about the 20 Top Performer Stocks of S&P 500 index or leader stocks. The list includes Cummins Inc, Huntington Bancshares Inc, Wynn Resorts Limited, Zions Bancorporation, and American International Group Inc (AIG) ...
0 commentsAIG Car Insurance Coverage for Rental Cars - Avoid This Trap
AIG car insurance coverage for rental cars - is this a trap you should avoid at all costs? The answer depends on several things. You never want to get caught without insurance, but deciding whether on not to...
0 commentsOptions Investing: Protecting Unrealized Gains by Establishing a Collar
Options Strategies: Establishing a Collar Every so often there are securities in an investor’s portfolio that have substantially appreciated in price. In fact, many investors that purchased equities...
0 commentsVectron Wave : View Youtube Video of Hottest Toy in Action
The Air Hogs Vectron Wave is a modern toy which is easily controllable with the palm of hand. Watch out Youtube Video of Hottest Toy in Action. Air hogs brand has recently released the hottest Air Hogs...
0 comments"Inside Job," A Movie Everyone Should See
Inside Job, a "Must-see Movie The documentary takes viewers step by step through the developments, beginning with deregulation debacle in the savings and loan industry under Reagan and continuing through subsequent administrations including, importantly, the repeal under Bill Clinton of the Glass-Steagall Act which had required the separation of banking and riskier securities trading activities since 1933.
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