I hope I convinced you in my earlier article you’ll soon be dealing with higher taxes. I’ve got some more slightly depressing news for you… you might be dealing with a reduction in the amount you can contribute to your 401(k) in the near future.
Yes, as Robert Powell says in this MarketWatch article, to go along with retirees not getting an increase in their Social Security payments, you may be losing some of your ability to sock away money in your 401(k). Nice.
Read the rest of this entry »First for some good news: the United States still has a debt rating of AAA, according to Moody’s. However, it’s probably in the country’s best interest to keep an eye on increasing deficits before they get too large. That’s what the site I’m linking you today helps you do – keep an eye on the real time US deficit, and some of the unfunded liabilities on the books. I present: the U.S. Debt Clock.
Read the rest of this entry »What can be said about this book that hasn’t already been said? Even if you disagree with Rand’s philosophy of Objectivism, her book Atlas Shrugged, published in 1957, predicted a great number of the extraordinary economic events that have occurred in recent months.
This article will share with you a few quotes from the book which hopefully will inspire thought – either for or against – her philosophies. Enjoy.
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