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Home The News Latest News The FED sees a tax increase
The FED sees a tax increase PDF Print E-mail
Written by Ashley Smith   
Thursday, 08 April 2010 10:11

Ben Bernanke, in a recent article on Yahoo! News, says that tax increases may be required to pay for new massive entitlement programs. Great timing, right? Couldn't have have mentioned that before we decided to pass a Trillion dollar healthcare bill or stimulus package? We've got to wise up to the constant lies espoused in Washington. Nothing is free. If we don't learn to curb our spending, we'll end up on the bad end of a total economic meltdown.

The only way to build wealth is through savings. However, the stock market bubble of the past few decades has given people a spend,  spend, spend mentality. Check out this article by the Mises Institution the Collapse of Personal Savings.

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The UN Copenhagen climate talks are in disarray today after developing countries reacted furiously to leaked documents that show world leaders will next week be asked to sign an agreement that hands more power to rich countries and sidelines the UN's role in all future climate change negotiations. Read more HERE.

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