Inflation is still calculated using a “market basket” to determine prices. But since 1980, other factors have been added to reflect a changing economy. Still, it might be useful to measure today’s rate of inflation using 1979 methods. CNBC’s Fast Money gives us the bad news: “Inflation, using the reporting methodologies in place before 1980, hit an annual rate of 9.6... 

Obama: Value-added tax still on the table despite White House assurances otherwise, campaign promise not to raise taxes for families earning under $250,000 a year The global banking elite are preparing to assault Americans with two huge new tax increases as President Obama contradicts the assurances of White House aides and his own campaign trail promise by asserting that a VAT tax is still on the...