ALG's Daily Grind - Will markets crash without a capital gains and dividends tax fix?

Dec. 4, 2012

Will markets crash without a capital gains and dividends tax fix?

Many investors would sell their stocks now to lock in the lower tax rate, and each day that goes by without resolution to the fiscal cliff, the more likely a selloff becomes.

Top 12 Big Gov't Busts of 2012: #8 Drones In Our Air

Those things that we used to use to round up members of the Taliban are being used in our country now!

The missing link

Taking away 3 to 5 percent of the incomes of top-earners won't really hurt most of the so-called "wealthy" all that much, but it sure will hurt those who depend upon the expenditure of their discretionary income.

Hedges: Three Men Who Wouldn't Let the NSA Get Away With It

"[W]histle-blowers such as Kirk Wiebe and William Binney, both of whom worked at the National Security Agency and then left because of mismanagement and corruption, have warned that intelligence agencies are abusing the Constitution and lavishing private companies with expensive contracts in exchange for subpar data processing and analysis systems."