Who knew? …

... well, Chris Ferrrara knew, because that's where I discovered this little oddity on my way to finding something else. Did you know that according to British Common Law, money deposited in a bank is not your money? A bank deposit is not a "bailment" (an entrustment of your property to the bank for safekeeping) …

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Good News for the Grandchildren

Here's a wonderful excerpt from David Einhorn's speech at the Ira Sohn Investment Research Conference. I have titled today's talk Good News for the Grandchildren. By that, I mean that I do not believe that there is a need to worry that today's debts will be passed on to our current youth...I believe the government …

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Another Word on Retirement Funds

Yesterday I posted something I considered quite ominous about the FDIC's involvement with private citizen's IRA funds in relation to their takeover of the failed 1st Regional Bank of L.A. Turns out there's more to the story. Today former congressman Bob Bauman wrote a blog post delineating some other even more ominous items in relation …

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Land of the Less Free and Home of the “Whatever”

Anecdotal evidence indicates Americans who are able are leaving the country in droves. Among those that are leaving, a significant percentage are also expatriating (that is, giving up the U.S. citizenship). The eastern Caribbean country of St. Kitts/Nevis, which has for years had an economic citizenship program (ie, a way in which a person can …

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