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According to 80% of fund managers, bonds are now considered to be “badly overvalued”. The global bond bubble stands at more than $76 trillion, while interest rates, in modern times, stand at an all-time low. In fact, 25% of European government bonds currently yield a negative return. Financial experts across the world agree there is […]

The Inspector General of the Department for Health & Human Services (HHS) announced late last month that Federal officials at the Centers for Medicare and Medicaid Services (CMS) have ignored previous recommendations regarding pricing, thus resulting in a failure to make savings of $251 million. The HHS report states that Medicare expenditure for infusion drugs […]

U.S. stock markets are at, or near, all-time highs. In March, 2015, the Dow Jones Industrial Average (DJIA) peaked at 18,288. One month later, on April 24, the Standard & Poor’s 500 (S&P) broke its all-time record when it closed at 2,117. Just last week, the Nasdaq stock index hit a record of 5,092. What […]

This week, the Government Accountability Office (GAO) announced that the Department of Energy Loan Guarantee Program will leave taxpayers owing $2.2 billion, which includes $807 million for loans that have already defaulted. GAO investigators described the projects of the defaulting companies as “risky”, and the companies themselves as having a “shaky credit rating.” So far, […]

The Commerce Department released figures yesterday that showed economic growth in the U.S. was at an annualized rate of just 0.2% for the first quarter of 2015. Many financial analysts agree this was only realized through a positive increase in private investment and personal consumption. The first quarter economic growth was described as “all but […]

A recent U.S. House of Representatives report revealed that the Internal Revenue Service (IRS) spent time that could’ve been used to handle 2 million customer service calls instead engaging in union activities. If you’re tired of your tax dollars being wasted on government employees’ personal lives, please Like & Share this post to show Congress […]

Employees at the Internal Revenue Service (IRS) got a merry Christmas in 2014 thanks to $60 million in end-of-year bonuses that were handed out by the wasteful government organization that handles our tax dollars. A government watchdog has claimed that $60 million could’ve covered 7 million IRS customer service calls. Is it time to revamp […]

The U.S. Labor Department unveiled a new 401k law on Tuesday that could drastically increase the pace of 401k rollovers in the United States, and retirement account providers are already scrambling to become compliant with the new regulations. Labor Secretary Tom Perez said he believes the new law will be beneficial for investors and retirement […]

According to recent Labor Department reports, energy costs are rising six times as fast as U.S. employees’ wages. Hourly wages rose 2.2% last year, and energy prices are rising at an annualized rate of 13.2%, as of last month. If you think this type of inflation is unsustainable over the long-term, please Like & Share […]

So far in fiscal year 2015, which began last September, the U.S. government has spent $1.86 trillion – this is 7% more than at the same time last year. What’s more, the amount overspent by the government is 6% more than what was spent at the same time last year. If you think the government […]