THE MANHATTAN INFLATION MYTH

Posted by Leonard Steinberg on December 4th, 2012 Our beloved Government claims that the US inflation rate is currently somewhere around 2.25%…..remarkably they do not include the cost of housing in this figure, probably the single most expensive line item cost in every American’s budget. As we all know the cost of housing is rising dramatically, especially in… [Read More]

THE 'TAXES' THAT, IF REDUCED, COULD BOOST OUR ECONOMY MORE THAN ANY OTHER

Posted by Leonard Steinberg on December 21st, 2011 There are certain essential expenses that Americans incur that are a form of taxation…..Here are two examples: GAS: The average American spends over $ 4,100/year on gasoline…..thats over 8% of their income! Now thats quite a tax. Gas prices are artificially high because of OPEC’s ability to… [Read More]