The Freedom Factory

Nationwide anti-tax protests staged for April 15th tax day-rumors abound that leftist group ACORN intends to crash events, Obama administration readying to disclose results of bank stress tests, revisions to No Child Left Behind on the Obama agenda-prepare to see pervasive federal mandates in education, FDIC helps banks raise $300 billion through unregulated channels, Congress looks set to let D.C. school voucher program expire next year-Big Brother not prepared to let parents choose how to educate their own children, Spanish study casts skepticism on economic value of government creating green jobs… Continue Reading

Level 1, 2, or 3 Assets? What’s the difference? These are terms used in finance to classify assets, and their definitions can have a huge impact on your portfolio!  As the recent sub-prime crisis and credit crunch illustrate, banks, brokerages, and other financial institutions have significant flexibility when it comes to pricing different asset classes. For instance, changing the classification of assets from Level 2 to Level 3 can magically change their value! Continue Reading