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  Section Three - Finance and Asset Protection
 
 

The Banking Debacle Explained

By Antonio Graceffo

 
Banks make money by making loans to people. The largest loans most consumers will ever take are home loans. The more home-loans a bank makes, the more profit they make.This article explains in simple terms, how a bank can become insolvent because of poor credit policies and over-inflated assets. Read more>>
 
 

This Tax Gift Lets You Easily Move Abroad and Ditch US Taxes for Life

By Mark Nestmann

 
On June 17, 2008, President Bush signed into law a statute that seriously impedes your rights as an American to expatriate. This new law imposes an exit tax on all your unrealized gains that exceed US$600,000 on your worldwide estate. That exemption doubles if you’re married, and both you and your spouse expatriate. Read more>>
 
 
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