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Showing posts from September, 2014

How John McCain Wound Up Canoodling With Terrorists

by Justin Raimondo , September 26, 2014 Print This | Share This Did Senator John McCain, a leading advocate of arming Syria’s Islamist revolutionaries, meet with members or allies of the Islamic State in al-Sham [the Levant] (ISIS) during his trip to Syria on May 27 of last year? Read more: here

Amazon, Google moves highlight robotics wave: Schiff

The "robots are taking over the world" concept has been a staple of science fiction for generations. However, the reality of automated production lines and self-propelled disc vacuums has thus far proved much less intimidating. But the next generation of robots will likely be much more significant. And while we feel that financial markets remain highly distorted by excess liquidity, and that growth stocks always involve higher risk, it is undeniable that transformative innovations can present opportunities. Recent moves by Google ( GOOGL ) and Amazon ( AMZN ) highlight the wave in robotics. In 2013, Google purchased eight startups focused on robots, and this year it unveiled dramatic improvements to the driver-less car concept that it first introduced in 2012. Recently, Amazon made a big stir on "60 Minutes" by introducing an internet-controlled air drone delivery system. Although some dismissed it as a stunt, Amazon founder Jeff Bezos insisted that th

U.S. Hikes Fee To Renounce Citizenship By 422%

Over the last two years, the U.S. has had a spike in expatriations. It isn’t exactly Ellis Island in reverse, but it’s more than a dribble. With global tax reporting and FATCA, the list of the individuals  who renounced is up. For 2013, there was a 221% increase, with  record numbers of Americans renouncing . The Treasury Department is required to publish a  quarterly list , but these numbers are under-stated, some say considerably. The presence or absence of tax motivation is no longer relevant, but that could change. After Facebook co-founder Eduardo Saverin  departed for Singapore, Senators  Chuck Schumer  and Bob Casey introduced a bill to double the exit tax to 30% for anyone leaving the U.S. for tax reasons. That hasn’t happened, but taxes are still a big issue for many. Read more: here