China Building $8B Oil Refinery in Nigeria

In the news… China is going to build an 8 billion dollar oil refinery in Nigeria. It is the first of 3 refineries that comprise a $23bn agreement between NNPC and CSCEC. Nigeria’s state oil company, NNPC, will cover 20% of the cost while the state of Lagos will provide the land. The China State […]

Russia to Diversify out of US Dollars

According to a recent Bloomberg article, Russia is adding Australian and Canadian dollars to its international reserves.  The Russian central bank deputy chairman, Alexei Ulyukayev along with Dmitry Medvedev have recently suggested that the world needs a new reserve currency and the US dollar no longer should be used. Central banks around the world have […]

Small Business Tax Hikes – Asset Protection

In a recent article from Bloomberg on June12th, Senator Snowe, a Republican from Maine, called the new jobs bill a ‘poison pill’ for small business growth and investment. Snowe is talking about HR 4213, so aptly named the “American Jobs and Closing Tax Loopholes Act of 2010”.  Ironically, the loophole that looks to get closed […]

Norwegian Capitalists

A few weeks ago I was  in Oslo, Norway and spent some time with some local friends.  These guys are not your typical Norwegian socialists (sorry if that offends anyone).  They are very much of the free market mindset.  These are entrepreneurs and investors.  This was my first trip to Norway and I was in […]

A Flawed Tax System

A few weeks ago I went to the local mall here in Tartu to buy some dress clothes.  I am not what you would call a ‘suit kinda guy’.  But I was going to an investment conference in Zurich and thought the usual jeans and a t-shirt may be a bit too casual.  Whenever I […]

Asset Protection for the Free Market Capitalist

Today I want to share with you my philosophical beliefs on capitalism and a free market in order to help you understand why asset protection planning is so important.  Historically, capitalism has proven itself to be the only system that works efficiently, but it now seems the governments of the world are increasingly trying to […]

Top 10 reasons you should celebrate the new health care bill

I don’t usually repost other people’s blogs, but this one is pretty funny.  Please click through to read the remainder… The Top Ten Reasons You Should Celebrate House Passage Of The Healthcare Bill 10) A nation that can afford trillions in deficits as far as the eye can see can surely afford hundreds of billions […]

Asset Protection and the Health Care Bill – p2

If you are reading this blog, you know my focus is on asset protection planning.  Presumably we are also somewhat like-minded or else you would quickly tire of my rants.  My point being, this health care bill has a significant impact on your wealth.  And the longer you wait to act on creating an asset […]

Asset Protection and the Health Care Bill – p1

If you have been reading my blog or newsletter for awhile, you can imagine my view on the new health care bill.  I realize this blog is primarily concerned with asset protection planning, so bear with me while I get to the ‘what’s in it for me’ question.  I agree with most Americans that the […]

Keynes vs Hayek rap – pretty funny

I found this video on the internet and thought it was pretty humorous.  Let me know what you think.