Archive for January, 2011

2009 HGTV Dream Home Winners Sell House . . . Thanks to Taxes

Following on my previous blog which estimated the tax costs of winning the 2010 HGTV Dream Home in Stowe, Vermont, this news story confirms the difficulty of hanging on to the HGTV house due to . . . TAXES! A Florida couple who won the 2009 HGTV Dream Home has sold the property back to [...]

The State of America’s Private Sector XVII: December 2010

Today the U.S. Department of Commerce’s Bureau of Economic Analysis released their monthly personal income data for December 2010 (pdf). The chart below shows the private sector share of personal income from January 1959 to December 2010. The private sector grew again by another 0.08 percentage points and has now grown for 4 consecutive months [...]

New Jersey Gov. Chris Christie Does it Again . . .

If you are a fan of New Jersey’s Gov. Chris Christie, and I certainly am one of them, then this video is a must-see.  The video is part of story from the The Washington Examiner and here is what they had to say: Well, this might be the best Chris Christie-tells-off-pubic-employees video yet. In part [...]

Mark Skousen’s Top Ten Articles and New Gold Standard Book

I received this list from Mark Skousen in my inbox today.  I will definitely be adding these articles to my bed-time reading pile.  Also, his new book on the gold standard is a must read.  The gold standard is one of the best ways known to man to keep Wealth Alchemist at bay. Here’s a [...]

Moody’s Penalizes States with Unfunded Pension Liabilities

Here is a news items that you can file under: “what the heck took them so long?”  According to the New York Times, Moody’s finally recognizes that unfunded pension liabilities are a threat to the financial well-being of states: Moody’s Investors Service has begun to recalculate the states’ debt burdens in a way that includes [...]

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