This year the middle class continued to deteriorate.

When the price of oil first started crashing, most Americans and most Canadians applauded.

America can look north to Calgary for a preview of what’s in store for America’s oil boom towns.

The inspector identified another $19 million in potentially fraudulent refunds doled out because of improper screening by IRS agents.

Says figure must be evaluated against the benefits to those who manage to keep their jobs.

In addition, the audit identified 3,910 “potentially fraudulent” tax returns that were issued due to ineffective monitoring, totaling $19 million.

When the Fed floods the market with artificially created money, it lowers the interest rates, which are the price of money.