Kyle Dontoh
Kyle Dontoh
News

G8 Summit 2013: To Impress the G8, Ireland Is Showing Off Businesses That Don't Exist

County Fermanagh in Northern Ireland is sprucing up its blighted towns by pasting over derelict storefronts with images of thriving businesses in preparation for the G8 summit.

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More Than Half Of Americans Say Wealth is Unfairly Distributed in the U.S.

A new Gallup poll reveals nearly 60% of Americans believe that money and wealth is currently not fairly distributed amongst the U.S. population.
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Why Goldman Can't Afford to Cut Paychecks

Goldman cannot afford to cut pay — otherwise it would almost certainly lose its employees to other firms, so instead the company is focusing on trimming the headcount.
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Budget 2014: Federal Government Spends Almost $300 Billion in Redundant Programs

The Government Accountability Office released a 3-year study Tuesday on waste in federal agencies. Turns out we spend $95 billion on redundant projects ... every year.
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2013 Tax Rates: The U.S. Doesn't Have a Revenue Problem, It Has a Wasted Money Problem

America's combined federal, state, and local revenues aren't much lower than those in other rich countries, but our government is less effective. Why are we so good at burning money?
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New Job Numbers Mean More QE From the Fed

Though the Federal Reserve had hinted it's considering slowing its quantitative easing, the new disappointing job numbers will probably make it change its mind.

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7 Euro Zone Countries That Could Spark the Next Financial Crisis

The latest Euro zone nation to undergo a financial crisis, Cyprus, has raised question about offshore banking and money laundering. But Cyprus is far from the only country in trouble.
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Fracking: For the Future Of America, Look to ... North Dakota?

North Dakota shows the way for future American prosperity ... but just so long as the government doesn't get in the way.
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Cyprus Bailout: Does It Hurt Russia More Than It Hurts Cyprus?

In Cyprus's acceptance of the troika's terms, Russian interests in Cyprus are dealt a fatal blow, with Russian depositors bearing the bulk of the revised bank levy as the Kremlin is marginalized.
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Federal Reserve's QE Has No Clear End, But There's Little to Fear From Its Continuation

While the Federal Reserve's declaration that it would continue QE and low interest rates was neither surprising nor particularly significant, it does beg the question of just when it will end.
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Euro Crisis: Cypriot Bank Levy Would Be Terrible, But It's the Least Worst Option

Accepting the EU's egregious terms on a bailout would be awful, but what other option does Cyprus have?

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Dow Jones Rise: We Won't See Economic Benefits From It Soon

The rise of the Dow Jones means that the economy is on the upswing, but it will take a while for the benefits of the upward trajectory to reach the average American.