Jan 6 2012

Republican New Hampshire Primary 2012. Who will win? Don’t listen to the media.

The big fight in 2012 will be about the economy.  Any other issue should take a back seat to what is the biggest pressing issue for the majority of Americans.  In a democracy you would hope that the focus turns on pressing issues like the middle class, job growth, and building a sustainable economy for future generations.  The Iowa Caucuses cemented one thing in the minds of many and that is the mainstream pundits have absolutely no idea what is going on.  They would like to shape the narrative of what occurs in the real world and maybe this was possible even one decade ago before the internet and on-demand programming gave people the choice to listen to what they wanted.  That is why the results of the Iowa Caucuses came as a stunner to all the pundits that earlier on, thought it would be a race between Newt, Romney, and Cain who subsequently isn’t even running.

The results and races are as follows:

new hampshire primary 2012

So who will win New Hampshire?  It is looking like a big win for Romney but this shouldn’t come as a surprise.  The two other winners in Iowa of Ron Paul and Santorum made all the pundits look like fortune tellers.  Just like the economy, pay attention to those who actually have an interest on a good future and not those that get paid from special interests to craft a circus that doesn’t help you out.  New Hampshire will be an interesting battle but let us hope that the debate actually centers around the economy and how to make it better.

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Nov 30 2011

2011 Online Tax Calculator – Tax Foundation online tax calculator and marginal tax graph.

As we edge closer to closing out 2011, many people are wondering what their tax liability will be for the 2011 tax year.  The ability to find useful calculators online is sometimes a challenge especially when it comes to the current year.  These charts need to reflect updated tax rates especially since we are operating under very special times with the payroll tax being reduced.  The ability to forecast your taxes is important yet very few people actually spend the time doing this.  For many Americans, there are simple and effective ways to maximize your tax deductions and liabilities for the upcoming year.  It isn’t too late to contribute to plans like 401ks or start thinking about IRAs for the 2011 tax year.

The Tax Foundation has a good online tax calculator for 2011:

tax foundation

Source:  Tax Foundation

 

Plan ahead and don’t be surprised when tax time comes around for the 2011 tax year!

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Nov 9 2011

Italy facing contagion from Greece. The European debt crisis spreads. Spain up to 21.5 percent unemployment rate.

Italy is now facing the spillover effects from the European debt crisis brought on by Greece.  Greece was merely a tiny domino in the bigger scheme of things and Italy is now being put into the spotlight.  Tragically the hope was being misplace in the idea that somehow Greece would be solved and no further contagion would be spreading throughout Europe.  That is now apparent not the case and it is likely that some major haircuts are going to be coming down the pipeline.  Italy faces some major challenges because the economy is simply not growing there but the debt obligations are.  You have many countries, unflattering as it may be, being called the PIIGS (Portugal, Italy, Ireland, Greece, and Spain).  And these are causing some major problems to froth up to the surface.

Here is Italy’s year over year GDP growth:

italy gdp

And you wonder why the global markets are on shaky ground.

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