Blog
$381 Billion Annual Gap Between Taxes Owed And Taxes Collected (#GotRecession?)
The government’s first report on the “tax gap” since 2016 shows tax compliance holding steady as the IRS shrinks. However, the study covers tax years 2011 through 2013, and the IRS has reduced audits and staffing considerably since then. $381 Billion Annual Gap Between Taxes Owed And Taxes Collected (#GotRecession?)…
The Coming Currency War: Digital Money vs. The Dollar (#GotBitcoin?)
Central banks are getting closer to issuing their own digital currency. If they do, the dollar might finally face real competition as the world’s dominant currency. The Coming Currency War: Digital Money vs. The Dollar (#GotBitcoin?) The future of money might be a digital version of the cash that’s already…
Freddie Mac Pushes For Loans To Sub-Prime Borrowers (WTF?)
Regulator recently met with housing-finance giant and the fintech firm behind the software. Freddie Mac Pushes For Loans To Sub-Prime Borrowers (WTF?) An effort under way at housing-finance giant Freddie Mac could increase mortgage approvals for borrowers who might otherwise be shut out of home buying. Freddie has been testing…
Impeachment Could Be A Trap—For Democrats (#GotBitcoin?)
Everything about President Trump’s history suggests he likes a clearly identifiable enemy, and he likes a fight. Impeachment Could Be A Trap—For Democrats (#GotBitcoin?) Trump Is Personally Humiliated By Being Impeached Donald Trump definitely does not want to be impeached and he feels humiliation over the black mark that will…
Benjamin Netanyahu Is Out And Benny Gantz Is In. Now What? (#GotBitcoin?)
Gantz Declares Win, Rejects Netanyahu’s Call For Negotiations. Benjamin Netanyahu Is Out And Benny Gantz Is In. Now What? (#GotBitcoin?) Benny Gantz vows to lead a broad coalition from across Israel’s political spectrum. Israel’s former military chief Benny Gantz declared victory Thursday in Israel’s election and rebuffed Prime Minister Benjamin…
Trumponomics Delivers First Manufacturing Contraction In Nearly A Decade
• The U.S. manufacturing PMI (purchasing managers index) was 49.9 in August, below the neutral 50.0 threshold for the first time since September 2009, according to IHS Markit. Trumponomics Delivers First Manufacturing Contraction In Nearly A Decade • New orders received by manufacturers dropped the most in 10 years, while…
Verizon Awarded Patent For Blockchain-Based Virtual SIM Cards (#GotBitcoin?)
Leading communications and technology company Verizon has been awarded a patent for using virtual subscriber identity modules (vSIMs) for customers’ devices. Verizon Awarded Patent For Blockchain-Based Virtual SIM Cards (#GotBitcoin?) A filing with the United States Patent and Trademark Office on Sept. 10 details a blockchain encryption technology, wherein a…
Trump Attempts To Bribe Ukraine President To Investigate Biden’s Son (#GotBitcoin?)
U.S. president didn’t mention foreign aid on July call with Volodymyr Zelensky. Trump Attempts To Bribe Ukraine President To Investigate Biden’s Son (#GotBitcoin?) President Trump in a July phone call repeatedly pressured the president of Ukraine to investigate Democratic presidential candidate Joe Biden ’s son, urging Volodymyr Zelensky about eight…
When Sales At Struggling Chains Fall Faster Then Commercial Rents (#GotRecession?)
Barneys’ fight with landlord is an extreme example of an issue bedeviling many retailers: high rents. When Sales At Struggling Chains Fall Faster Then Commercial Rents (#GotRecession?) Don’t blame all the vacant stores on e-commerce. Sky-high rents are squeezing retailers, too. Although commercial retail rents are down from recent peaks,…
The Fun of Having Our Gadgets Spy On Us (#GotBitcoin?)
Never Mind The Privacy Issues—Think Of The Possible Benefits! The Fun of Having Our Gadgets Spy On Us (#GotBitcoin?) Last week, Apple disabled the Walkie-Talkie app on its line of watches after discovering a security flaw that could allow a person to eavesdrop on another person’s iPhone conversation. Almost simultaneously,…
Kiva Is Saving The World One Micro-Loan At A Time!
We envision a financially inclusive world where all people hold the power to improve their lives. Kiva Is Saving The World One Micro-Loan At A Time! More than 1.7 billion people around the world are unbanked and can’t access the financial services they need. Kiva is an international nonprofit, founded…
The Clock Is Ticking For Millions of Fliers To Update Their IDs (#GotBitcoin?)
After nearly 15 years, the deadline to get a REAL ID driver’s license is finally approaching; travelers without one will have to use their passports even for domestic flights. The Clock Is Ticking For Millions of Fliers To Update Their IDs (#GotBitcoin?) A major hassle is coming for millions of…