Fiscal
The next real estate bubble
Another assault on Nevadans from runaway property taxes already looms down the road.
The widespread consensus in America's financial centers today is that our nation's runaway real estate bubble is the direct result of the U.S. Federal Reserve's profligacy – i.e., its prolonged and heavy pedal-to-the-metal foot on the central bank's monetary accelerator.
Welcome to Rubelandia
Biting your currency – instead of getting bit by it
In the normal course of economic activity, you would never make an investment expecting that it will lose you money.
Right then, and right now
Milton Friedman’s ideas continue to shape America and the world.
Next month will mark one year since the death of Nobel laureate and 20th Century intellectual giant Milton Friedman, who contributed so much to the cause of freedom and whose legacy is sure to grow even more with the passage of time.
More debauchery of your money on its way
Last year the dollar lost 20 percent against gold
"Inflation Puts Up a Goose Egg” was the recent headline, middling page one, of the Las Vegas Review-Journal’s business section."
The Luckiest Ponzi Scheme
The systemic problem that Nevada taxpayers face is political
When Charles Ponzi was defrauding investors in 1916 Boston, little did he know that within 20 years his particular dodge would be embraced as the official policy of the U.S. government.
How much carnage?
Chronic screw-ups like minimum wage schemes suggest the blather about 'compassion' is bogus.
Just how much damage do proponents of “compassion” get to inflict, anyway?
Dubious Reassurances
The Nevada Public Employees’ Retirement System (NVPERS) is attempting to answer -- through a statement on its website -- increasing doubts about the financial viability of its system.
The Invisible Victims
A recent poll found that two-thirds of the respondents intend to vote for the proposed increase in Nevada’s minimum wage from $5.15 to $6.15 per hour on November 2nd.
Unfortunately, those who vote “yes” on Question 6 will be harming the very people that the initiative is supposed to help.
The Threadbare Purse of PERS
In a recent letter to the editor published in the Las Vegas Review-Journal, police officer Ruben E. Hood makes the claim that the Nevada Public Employee Retirement System “is one of the healthiest, most financially sound retirement systems in the country.” He goes on to write that because of laws keeping the pension plan from being looted, there is no chance of “any ‘underfunding’ of pension plans that would fall on the shoulders of the taxpayers.”
Artful Dodgers and ‘National Average Funding’
The so-called “national average funding” constitutional amendment on November’s ballot would—despite its name—actually raise the total per-pupil tax burden on Nevadans significantly above the national average.
