The 5 Places In America You Want To Be When Society Begins To Collapse

House Fails To Pass Resolution Limiting Supreme Court To 9 Justices Authored by Stacy Robinson via The Epoch Times, The House of Representatives rejected a proposed constitutional amendment on Sep. 2 that would fix the number of U.S. Supreme Court justices at nine. Rep. Andy Biggs (R-Ariz.) introduced the joint resolution under suspended rules but failed to garner the necessary two-thirds majority. The vote fell almost entirely along party lines at 212-206; only one Democrat supported the proposed amendment. Biggs's legislation would have added a single sentence to the Constitution: ''The Supreme Court of...

Wall Street's Trillion-Dollar Bet On "Tax Alpha" Tax alpha — the practice of improving investment returns by reducing taxes — has become one of the fastest-growing strategies on Wall Street, according to Bloomberg.  Rather than focusing only on beating the market, many investment firms now design portfolios to minimize taxes, often producing higher after-tax returns even if pre-tax performance is similar to traditional strategies. After years of rising markets, many wealthy Americans hold large unrealized gains in stocks and funds. To address the resulting tax burden, asset managers have developed a wide...

"Enough Is Enough": David Tepper Slams Whirlpool For Value Destruction In "Scathing" Letter David Tepper, the billionaire behind Appaloosa Management, blasted Whirlpool’s board in a sharply critical letter, accusing the appliance maker of eroding shareholder value and demanding a strategic reset, according to CNBC, who viewed the letter. Tepper said he watched with “a certain astonishment” as Whirlpool moved ahead with what he described as a sizable and avoidable equity issuance that diluted investors. He argued the capital raise carried a cost of more than 10% — far above the company’s...