Silver as an investment

Category Archives: internal revenue service

Long Island Woman Indicted For Funding ISIS With Bitcoin

With intriguingly coincidental timing, as cryptocurrencies reach mainstream and grab the world's attention, the US Justice Department has unsealed a grand-jury indictment that shows a Long Island woman has been indicted on charges that she tried to funnel money to ISIS using Bitcoin. The Eastern District of New York press release details the crimes… Long […]

Yes, The FBI Is America’s Secret Police

Authored by James Bovard via TheHill.com, Politifact delivered a “pants on fire” slam to Fox News on Friday because one of its commentators asserted that the Federal Bureau of Investigation “has become America's secret police.” The FBI has legions of new champions nowadays among liberals and Democrats who hope that its probes will end Donald […]

The Government Is Coming For Your Bitcoin

Authored by Simon Black via SovereignMan.com, The same day Bitcoin cracked its all-time high above $11,000, the government dealt its first blow to the crypto world… On Wednesday, a federal judge in San Francisco ordered the popular Bitcoin exchange, Coinbase, to provide the IRS with information on over 14,000 account holders. The taxman noticed that […]

Satoshi Secrets & Why Nearly 4 Million Bitcoins Are “Lost” Forever

Authored by Jeff John Roberts and Nicolas Rapp via Fortune.com, Just as gold bars are lost at sea or $100 bills can burn, bitcoins can disappear from the Internet forever. When all 21 million bitcoins are mined by the year 2040, the actual amount available to trade or spend will be significantly lower. According to […]

“Helpless, Raging” Charlottesville Families Shocked By These 2018 Obamacare Premiums…”It’s Horrific”

Over the past several months, Democrats have jumped on every opportunity possible to blame the Trump administration for yet another year of staggering Obamacare premium increases.  Ironically, despite arguments from the Left that Trump’s defunding of Obamacare’s marketing budget would cause 2018 signups to plunge, as Politico recently noted, they’re actually up in 2018…which begs […]

McConnell Reveals Senate Tax Bill Will Include Repeal Of Obamacare Mandate

In what is emerging as the latest potential stumbling block for the passage of GOP tax reform, on Tuesday afternoon Senate Majority leader announced that the Senate tax bill will include language to repeal ObamaCare’s individual mandate, a move which could make passage prolematic as it could withdraw support from moderate Republicans. According to The […]

Stockman Warns “Mind The Junk” – This Ain’t Your Grandfather’s Capitalism

Authored by David Stockman via Contra Corner blog, The financial system is loaded with anomalies, deformations and mispricings – outcomes which would never occur on an honest free market. For example, the junk bond yield at just 2% in Europe is now below that of the "risk-free" US treasury bond owing solely to the depredations of the ECB. Indeed, […]

The Fetid Swamp Of Tax Reform

Authored by Charles Hugh Smith via OfTwoMinds blog, The likelihood that either party will ever drain the fetid swamp of corruption that is our tax code is zero, because it's far too profitable for politicos to operate their auction for tax favors. To understand the U.S. tax code and the endless charade of tax reform, […]

Blame Game Over Obamacare’s 2018 Premium Surge Reaches Feverish Pitch, Will It Matter In 2018?

As Americans head to the exchanges to purchase their Obamacare plans for 2018, many are experiencing a bit of sticker shock.  As the Wall Street Journal points out this morning, folks in Deaf Smith, Texas can expect their premiums to surge 87% next year while those in Clinton, Iowa are looking at a sickening increase […]

Trump Drafting Executive Order To Kill Obamacare’s Individual Mandate, Report

After having previously cut so-called “cost reduction subsidies” (see: Trump To Scrap Crucial Obamacare Insurer Subsidy) and the marketing budget for Obamacare, Trump is now reportedly ready to also repeal the legislation’s controversial “individual mandate” which taxes people who choose to forego health insurance. According to the Washington Examiner an executive order has already been […]