Wikipedia blackout

Censored - Wikipedia

Now that SOPA and PIPA are effectively dead (okay, shelved but not actually dead), it is worth circling back and looking at what the world would look like without some of the sites that have transformed the Internet.  For example, YouTube announced yesterday that it is streaming over four billion videos a day – a figure that is up 25% from just eight months ago.   Continue reading

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Federal tax gap

Income tax385 billion ($385,000,000,000)

I’m not sure what worries me more: the fact that the IRS was unable to collect approximately $385 billion (15% of the total) of federal taxes in 2006 or that – according to an article by CNN Money – that this is the best data policymakers have to go on regarding the government’s revenue shortfall. The worst part is that this is emafter /emthe more than 60,000 corporate and 1.5 million individual tax return audits the IRS conducts on an annual basis.   Continue reading

In less than a decade the US Government will be financially crippled

The western front of the United States Capitol...

Image via Wikipedia

In less than a decade the US Government will be financially crippled – “Running the government on 8¢” http://ht.ly/3HQUj