Switzerland is a great place to hide stuff, and its latest secret could be the biggest yet. Hitler loved to hide gold he plundered inside of Swiss vaults. In fact, it's estimated that 100 tons of Nazi gold was laundered through Switzerland. After World War II ended, Switzerland repositioned itself as the perfect place to hide and protect money. For years, the Swiss Banking Act of 1934 gave Switzerland rockstar status as a financial safe haven. The country remains the world's largest offshore financial center with $2 trillion in assets. But Switzerland's recent agreement to share tax information likely closes yet another chapter in its history. Per the agreement, Swiss financial information will be automatically shared on an annual basis, including taxpayers' bank balances, dividends, interest income, and sales proceeds used to calculate capital gains tax. Over 300 Swiss private banks have signaled their willingness to work with U.S. officials to crack down on wealthy Americans. Don't feel sorry for Switzerland, though. It's already reinventing itself as the secretkeeper of something far more valuable than money. Read more »
When I met my fiancée in 2006, the dating world was dramatically different. Think about it... You were probably only just hearing about Facebook (FB)... and Twitter (TWTR) didn't even exist until later that year. Fast forward to today, and the ubiquity of social media - along with online dating sites like eHarmony and Match.com - has completely changed the game. People across the globe are now able to connect in new and profound ways. In fact, according to USA Today, online connections now account for one-third of all U.S. marriages. But there's a dark side, too. Not every online platform sends its users down "lover's lane." In fact, these two may just send them to the Second Circle of Hell instead... Read more »
Price of Access to the Details on This $1.13-Billion Cash Windfall? Nothing about this opportunity makes any sense. Billions in cash paid out after a merger failed? Regular investors with the same shot as rich ones? Cash paid into your account in just weeks? Everything you need to know to potentially claim a share of this cash for just $7.95? It makes no sense at all. Unless you're curious about how much $7.95 can really buy you. Go here for more details. Just $7.95. |
Under Obama's Dream Act, he declared that he wouldn't deport underage illegal immigrants already living in the United States. Of course, the illegal immigrants in the United States were elated by the news. Many of them phoned home requesting for friends and family to join them. Well, hundreds of thousands answered the call and are now swarming across the border. And the surge has completely overwhelmed America's child welfare and foster care system. In response, Obama - believing he would face less opposition by shipping these immigrants to big cities - turned nearly the entire country into pseudo border states. So what was once a problem in Arizona and Texas is now also a problem in Illinois, California, and New York. Indeed, Obama's "dream" has quickly become a nightmare. And his strongest supporters are now turning their backs on him. Read
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