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hlodell

hlodell
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  • The G20 has backed an OECD report that would overhaul international corporate taxes and end the loopholes that enable major multinational corporations such as Starbucks (SBUX), Google (GOOG) and Apple (AAPL) to avoid paying large amounts of tax. A major target of the change is the practice of transferring profits where they are generated into low or no-tax jurisdictions via internal company transactions. [View news story]
    Corporations don't pay taxes. They collect taxes for the bureaucracy.
    People pay all the taxes. It's the spending on a world military and the cost of defending ourselves against the enemies we are making and making everybody comfortable, working or not that is driving our country into weakness.....
    Jul 19 09:48 AM | 2 Likes Like |Link to Comment
  • Welcome To The Paradigm Shift [View article]
    Left out of this paradigm is the effect of interest rates on our debt.
    I think it will be a long slog to recovery....
    Jul 5 10:57 AM | 3 Likes Like |Link to Comment
  • The Incomplete Banking Union [View article]
    Fifteen years in banking. Retired.
    The question is now, who is going to pay the price for monetizing the
    debt. Bond holders? China? Consumers?
    What kind of mortagages is the Fed buying. Good ones or the bad ones that banks hold and sold to Fanny Mae etc.
    How do I as a consumer protect myself from the above scenario?
    Jul 3 09:33 AM | 1 Like Like |Link to Comment
  • Shanghai plunges 3.7% after the government further cranks up property tightening measures, with a gauge of property developers falling 9.3%. "When there are new rules like these, it extends far beyond property shares," says an analyst. Industrial Bank -9.1%. FXI -1.8% premarket. Losses extend to Hong Kong, EWH -0.7% premarket, and the States, SPY -0.5%[View news story]
    Yes it will Brian as soon as inflation starts to kick in.....
    Mar 4 11:22 AM | Likes Like |Link to Comment
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