finance
Money talks; reviewing the global economy, government spending, taxes, and economic policy that affect our social and political future.
What is Capitalism? Legalized Theft.
Capitalism is an economic system centered around not only the private ownership, control, and operation of industrial means of production (the factories, farms, and other manufacturers of food, clothing, and all the products and services we use every day), but also the deliberate redistribution of a vast, overwhelming majority of global wealth into the pockets of those same private owners of the means of production.
Johnny RingoPublished 3 years ago in The SwampStimulus Who?
Stimulus’s are needed right now in our country.But rumors are being spread that they have no idea when the next one will be. Democrats and Republicans are saying this saying that I’m saying everything is wrong.Donald Trump, our president during this dark time has made it easier. Pelosi refused to rule out the chances of reaching an agreement before the election.
Elizabeth HavensPublished 4 years ago in The SwampFinally some updates about the stimulus package
For months now, millions of Americans grappling with the economic fallout of the coronavirus pandemic have been pinning their hopes on Congress delivering another round of financial relief, including direct cash payments like a second round of $1,200 stimulus checks and an extension of enhanced federal unemployment benefits.
Anthony LazarPublished 4 years ago in The SwampUS Financial Change Management
Introduction It’s no secret that the entire US budgeting is in serious need of financial change management; though other countries could look at this too. Truth is, I had what I consider to be a very simple and obvious thought, then I did the math on it all; which I hate doing. Anyway, here are my thoughts.
Timothy A RowlandPublished 4 years ago in The SwampThe Price Of Being Black In America: How Wall Street Makes Millions Off Of Police Brutality.
Very little surprises me these days when it comes to anything dealing with racism, white supremacy or white privilege. I’m even less surprised by the ruthlessness that is the American capitalistic economy and what it breeds in some people. But I must admit, when I first heard that Wall Street, big banks and wealthy investors were making hundreds of millions of dollars off of police brutality cases, it not only brought American capitalism to an all time low in my eyes but reminded me that this is really nothing new. The history of this country was built on stealing lands and stealing people to build the “American Dream.” That system has flourished for 401 years. Why should the fact that some white people continue to make money off of the backs and deaths of Black people be any surprise when there is a racist in the oval office?
Whitney SmartPublished 4 years ago in The SwampFactors that Influence Foreign Exchange Rates
The foreign exchange rates are one of the most observed and federally influenced economic indicators which have been examined since so long. If you'd like to engage in the foreign exchange market effectively and efficiently, you need to learn about the driving issues that determine the fluctuations, changes in foreign exchange rates, as well as the triggers behind its volatility.
Prabha GuptaPublished 4 years ago in The SwampPoverty In America
Here’s some interesting facts about poverty in the last 50 years of America. 1. High school drop-outs poverty rate increased 62% from 18% to 29%
Garrett BeylerianPublished 4 years ago in The SwampCompassionate Capitalism
In the United States, we already allow children to borrow hundreds of thousands of dollars in order to pursue a higher education, a college degree. Nobody argues with the idea that this is necessary in order to give them the opportunity to change their lives. And in recompense, these dollars they borrow will never leave their credit report. These dollars are thus spent on that individual, for that individual, in hopes of achieving something that may never come to fruition, and the debt follows them for the rest of their life regardless if they succeed or not. The average graduation rate in four year colleges is 33.3%. So two-thirds of Americans go into college, waste thousands and thousands of dollars they don’t have, and get sent back into the world, no better than they started, and the colleges pocket the money and keep churning out degrees that have less and less value in the real world.
Garrett BeylerianPublished 4 years ago in The SwampWhat Is TCS Tax-Tax Collected At Source-Section 206C(1H)
What Is TCS Tax or Tax Collected at Source Full form of TCS Tax is Tax Collected at Source. By this time you might have already known this. The Govt. of India vide Finance Act 2020, has introduced two new provisions of Tax Collected at Source effective from 01.10.2020.
Arthik DishaPublished 4 years ago in The SwampWork and Pensions Secretary, Therese Coffey: Bracing For a Large Number of Unemployed.
Therese Coffey became the DWP Secretary under Boris Johnson when he became UK Prime Minister. Of all the jobs to do in the cabinet, it is in many ways, like drinking a poison chalice. In that job, you oversee, one of the biggest departments in government.
Nicholas BishopPublished 4 years ago in The SwampInternational Monetary Fund-Objectives & Functions
International Monetary Fund-How Does It Work? Many occasions we read in Newspapers or in different journals regarding the International Monetary Fund. IMF has done this, IMF has done that and many more. But many of us don’t know Who actually IMF is and what does it actually do.
Arthik DishaPublished 4 years ago in The SwampINTERNATIONAL FINANCIAL REPORTING STANDARDS
Applicability of IFRS in India What and Why IFRS? International Financial Reporting Standards (IFRS), is a set of guidelines established by the International Accounting Standards Board (IASB). The IFRS lays certain general rules to make the financial statements of every company uniform, clear and identical around the globe. IFRS stipulates how companies should preserve and record their accounts specify the transactions and other proceedings under the financial influences.
radhika gsPublished 4 years ago in The Swamp