A Backwards History of Money

The Replacements: How US Helps Foreign Workers Take American Jobs Authored by Steven Edginton via RealClearInvestigations, Mary, a veteran Silicon Valley marketer who can't find a job, considers herself a victim of an H-1B visa program run amok. Her story, a U.S. native replaced by a foreign-born employee who is willing to work at a significantly lower wage, has become commonplace, particularly in the tech industry. Adding insult to injury, she says, her CEO, who hails from India, told her to train the man he selected to replace her before laying her...

These Are The Six States Celebrating America 250 By Raising Your Gas Tax Authored by Larry Behrens via WattsUpWithThat.com, The final countdown for America’s 250th birthday is on. Families will be planning road trips, parades, vacations, reunions, and cookouts to celebrate the greatest nation in history. But in six states, politicians have a different idea for the party: raise taxes. Beginning July 1, drivers in California, Washington, Illinois, Maryland, Virginia, and Mississippi are scheduled to see higher state gas taxes. In other words, as the country prepares to celebrate casting aside a tax-heavy king in favor...

The Next Oil Rally Could Be Driven By Stockpile Refilling Authored by Irina Slav via OilPrice.com, The Middle East conflict has disrupted more than 1 billion barrels of oil supply, but China's massive strategic crude stockpile helped offset the shock by sharply reducing imports, preventing oil prices from surging even higher. Countries are now racing to build or replenish strategic petroleum reserves, with the IEA planning to refill the 400 million barrels it released during the crisis and major importers like India looking to expand their emergency stockpiles. This wave of reserve rebuilding...