And you thought the upcoming 39.8% Federal tax rate sounded bad… Did you see this cliff coming? Ranchers, farmers brace for ‘death tax’ impact. [1] The exemption drops from $3.5 million $1 million, and the rate jumps to a confiscatory 55%.
B.B. sent: Peter Schiff: Dollar Collapse Before Obama’s Out [2]
I missed this when it aired last June: CNBC pundits admit we’re all slaves to the central bankers. [3]
Items from The Economatrix:
No Surprise! Jobless Claims Up 78,000 Week After Election; Pennsylvania, Ohio Worst Hit [5]
John Galta: Gold Will Move $500 Per Ounce Per Major City [6]