Economics and Investing:

James Wesley Rawles August 10, 2012 August 10, 2012

France’s new Socialist President François Hollande is calling for a 75% income tax! Indigestion for ‘les Riches’ in a Plan for Higher Taxes. If this is enacted, expect to see a wave of emigration.

Items from The Economatrix:

Has The Perfect Moment To Kill The Dollar Arrived?

The US Economy Lost 1.2 Million Jobs In July

Oil Drops From Two-Month High in New York as Demand Slides

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James Wesley, Rawles (JWR) is Founder and Senior Editor of SurvivalBlog, the original prepping /survival blog for when the Schumer Hits The Fan (SHTF). He began SurvivalBlog in 2005. It now reaches more than 320,000 unique visitors weekly.
JWR is a journalist, technical writer, and novelist. His survivalist novel Patriots: Surviving the Coming Collapse, is a modern classic that reached #3 on the New York Times bestsellers list. Two of his other novels have also been best New York Times bestsellers.
Jim is the originator of the American Redoubt movement and a frequent talk show and podcast guest. He is also a retreat consultant specializing in off-grid living, rural relocation, and survival preparedness.

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