Treasury, IRS Propose Rules For 1 Percent Remittance Tax On Some Money Sent To Foreign Countries

Berlin Targets Entrepreneurs: Apprenticeships, Punishment, And Social Decay Submitted by Thomas Kolbe The German capital is hardly a hospitable place for entrepreneurs or founders. Ambitious individuals who aim to build a career outside the state subsidy system and establish their own livelihoods encounter, in this strangest of European capitals, an atmosphere of contempt and hostility. Berlin politics, regardless of who is currently in power, fosters a culture of societal division. Parties spare no effort in masking the jointly caused economic and social distortions in the city with an endless media spectacle. Unemployment rises—naturally,...

Germany's Pension Time Bomb: $2+ Billion In CRE Losses Expose Cracks In The Fiat Era Submitted by Thomas Kolbe, A shock for the insured members of the Versorgungswerk Zahnärzte Berlin-Brandenburg (VZB). According to a report this week by Bloomberg, losses at the private pension fund total €1.1 billion. Roughly 50 percent of its invested capital has effectively been wiped out—channeled into private loans to non-listed companies, including rPlanet Earth in California, a shrimp farm in northern Germany, and, repeatedly featured on the investment menus of German pension funds, U.S. commercial real...

Unfortunately, slavery was not just propped up by policy in the slave states, but federally. It is often overlooked that the federal government—not just slave states—had implemented legal protections of slavery by policy for decades.