Month: June 2012

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EU sanctions already impeding economic growth

Economic sanctions have been used to mandate international policies for centuries. Like most times governments mettle in the economy, economic sanctions can cause unintended and destructive consequences to occur. On Sunday, EU mandated sanctions are scheduled to go into affect against Iran however the economic ripples are already being felt across the oil industry. Rueters

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MYTH BUSTED: America’s severe income inequality

One of the central themes behind the Occupy Wall Street protests was the widening income disparity between the classes and the 99% versus the 1% mantra. Despite this class warfare, a recent study indicates that our conventional method for tracking income inequality could be all wrong. This new research focuses on consumption levels

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New USDA ad claims food stamps make people healthier

Since the Food Stamp Act of 1964, Americans have been receiving government aid to pay for their groceries. However, the percentage of the population on food stamps has dramatically increased from when the program was first launched. Today there are almost 48 million people receiving food stamps and in a new ad by the

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The key to forming a family dynasty

Family dynasties have continuously thrived throughout history: The Habsburgs, The Romanovs, The Rothschilds. Many people believe that these families maintain their wealth simply because they have masses of it, however a recent study indicates that there is a much stronger factor which drives financial success from one generation to the next. United Press International reveals the results of the

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Chile makes deal with China to double bilateral trade

Over the past few years Chile has made continuous strides to position themselves as a business friendly country. Investment in Chile has historically been directed to their rich copper mines and in a move to spur their metal exports, Chile has made a paramount deal with China to drastically increase their trade. News of

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Is silver finally bottoming out?

Over a year ago, I penned an article entitled “4 Silver Investments to Avoid.” About two weeks later, on April 26th, I wrote another article: “Should I Sell My Silver?” saying that I expected an imminent correction in the silver price, after it had gone “parabolic.” It caused quite a stir at the time. There was

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Chinese women rush to India for entrepreneurial opportunities

Women have always faced adversity in the business world especially in non-western countries. As China’s presence as an international trading power has grown, so have the business opportunities for women. Most recently, female executives have been following a trend of moving production and other operations farther south into India. The New York Daily

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Motivational Monday: Internet start-ups selling for top dollar in down economy

In spite of these harsh economic times, there is still much money to be made in independent start-ups and VCs. Recent buyouts have indicated that investors are willing to spend big on the next potential Twitter or Facebook. George Zachary, initial investor in the internet start-up company Yammer, reveals in an interview with Fortune his reactions to

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UN believes Obama is violating human rights

The United States has a long history of assassinating “threats” to their sovereignty but when does it go too far?  Even thought President Obama will never be tried for international war crimes, members of the UN are now suggesting that the President’s drone bombing campaigns could be a violation of human rights. Personal Liberty explains

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Sluggish Chinese growth causes irrational decision making

China’s economy has been steadily booming over several decades but recently they’ve experienced a decline in growth. In a knee-jerk reaction to this trend, Chinese officials are now seeking to implement a massive government stimulus plan to encourage Taiwanese investment on China’s mainland. The Asian Times reports on the implications and motivations behind

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This company knows EVERYTHING about you

Your personal privacy is always a top concern, however, with the digital age comes new threats to your personal information as is it more accessible than ever. The largest aggregator of peoples personal information isn’t Google, but actually an unknown company called the Acxiom Corporation. The Week reveals what this company does and the threat it poses to your

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Surprise! An economy with a pulse!

June 25, 2012 Tbilisi, Georgia With so much economic doom and gloom out there, it’s easy to forget that there are actually some bright spots in the world. I’ve spent the last few days in one of them– Georgia. Perhaps most famous for being continually stomped on by Russia, this place has suffered severe hardship practically

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Pelosi wants the President to abolish the debt ceiling

Last year there was an extremely heated debate over the raising of the debt ceiling causing severe animosity across the partisan isle. In an attempt to circumvent the budgetary process, Nancy Pelosi has now proposed an unprecedented expansion of power for the executive branch along with unmitigated spending and debt increases. The Washington Examiner explains: House Minority

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The correct way to implement national defense

The United States far and away spends the most money of any nation on “national defense”, however many critics argue that most of the resources are really used to maintain a national offense. Switzerland on the other hand has long maintained it’s neutrality yet has extremely secure borders and a strong defense from any possible invasion. According to Geoff Manaugh and Business Insider:

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Berkley says no to police state policies

With growing concerns over an ever-strengthening police state, Indiana has recently passed legislation to allow civilians to use lethal force against “civil servants” (aka police) if they enter their property without just cause. In addition to that win for civil liberties, Berkley, California has also moved to pass laws protecting individuals’ rights in

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