CONDITION RED: The Financial System Is Now Out Of Control

The global financial system is now getting out of control. While the clowns on the financial networks continue to regurgitate the same bullish propaganda, “that everything will be fine”, quite the opposite is the case. The system is so broken and the leverage propping it up is so extreme, the result will be the largest financial and economic calamity the world has ever seen.

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IRS needs to do more to fight income tax identity theft

Although the end of summer is not generally a time when people give much thought to income taxes, much has been happening on the income tax identity theft front during recent days. Income tax identity theft continues to be a major problem with the General Accountability Office (GAO) estimating annual losses due to income tax identity theft at close to 6 billion dollars annually.

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