Here we present discussions of private or public funds, their management, and the financial system that serves them. And, as with mostother topics, we want to know the impact of politics across state and global markets.

Gambling as a Backup to States’ Budget

gambling

It seems in the aftermath of the recent economic crash a lot of states having begun reversing their policies on gambling in order to combat their budget constraints and expand the amount of money they pull in from taxation.

Online gambling and slot machines in lottery halls are common sight across the UK and other European countries, in fact you can visit a website like paypal-casinos.co and within minutes you’ll be playing a slot game.… [Read more]

Benefits of a Public Healthcare System

Healthcare system

Public health and the availability of healthcare services have become increasingly prominent issues in recent years. In the US, the controversial debate regarding the possible establishment of a public healthcare system has sparked many to revaluate their opinions towards public healthcare.

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How public healthcare works

The fundamental principle behind a public healthcare system is that the tax payments which individuals make to the State will be allocated towards the payment of their healthcare.… [Read more]

Distribution of wealth in the USA

USA wealth as land

The United States has a significantly unequal distribution of weallth when held in comparison with other developed countries across the globe. So much so that recent figures state reveal that in the US 75.4% of all wealth is owned by the richest 10% of the population. This means that the US has the most extreme wealth concentration of any of the top 20 developed nations in the world.[Read more]

How corporations protect the rich

Pay your taxesThere are a multitude of tax breaks and subsidies provided by federal, state and local governments which protect the financial interests of rich corporations. These include direct federal subsidies to corporations which allegedly cost taxpayers over $100 billion each year. (Image Source) In addition to federal subsidies, many corporations also receive state and local subsidies. Louise Story calculated that state and local governments provide at least $80 billion in subsidies to corporations, with over 48 major corporations receiving over $100 million each.This is mainly due to the fact that state and local governments fear these major corporations will move their jobs overseas if they do not receive subsidies from the US.… [Read more]

Why Payday Loans Should be Made Illegal

stack-of-dollars

Despite the many benefits that they pose to those who use them, payday loans have been outlawed in fifteen states – Arizona, Arkansas, California, Connecticut, Georgia, Maryland, Massachusetts, Montana, New Hampshire, New Jersey, New York, Ohio, Pennsylvania and West Virginia – as well as in the District of Columbia. New York in particular expressly prohibits making such loans over the Internet as well as in person.… [Read more]

How Excessive Paperwork Can Stunt Small Business Growth

small business owner paperwork

Small businesses help fuel the nation’s economic growth. Small business owners are already busy juggling plenty of challenges. Between tasks such as managing employees, keeping tabs on the industry, and striking a balance between operating expenses and turning a profit, small business owners have their work cut out for them. The last thing any small business owner needs is to heap on an unnecessary burden – such as excessive paperwork.… [Read more]

Salvaging and Growing the U.S. Economy: Moving on with Lessons Learned

1351793_unfinished_duilding

Ask most and they will tell you there are two ways to salvage an economy: the revenue side, by way of taxation or fees, or on the the spending side, by way of expenditure reductions. Determining where and how much is the point at which negotiations and compromise get bogged down.

The President re-elect has released his budget for 2013 that the administration believes is fair;  at another time in history the budget would be viewed as pragmatically centrist.… [Read more]

Congress and The Election

Congress

In 2010, there was a midterm election. The Right took a seat majority from the Left. Reactions varied; some claiming to be totally unsurprised, others were more honest. Even in the face of what many termed ominous for President Obama, to his credit regardless of the validity, he took the blame. Some have appointed this stumbling block the reason behind the lack of faith in the European markets still rampant today.… [Read more]