Author: Justin Lane

Tonight, Barack Obama will appear before the House of Representatives and deliver his fifth State of the Union Address. A lot of attention is being paid to this being an opportunity for Obama to shift narratives and double down on his administration’s efforts. It’s hot air. State of the Union addresses rarely do more than give pundits and talking heads sound bites to respond to. With that said, what can you expect Obama to address in his State of the Union? Economic Policy With all of the talk of income inequality and economic disparity, its safe to assume that...

Medicare fraud results in billions of dollars being stolen from the government each year. It takes a surprising amount of hubris to think that you can charge the government for services that were either never rendered or were unnecessary. Recently that hubris has caught up with a former lawyer Margarita Grishkoff, who for other reasons was disbarred in 1997. Grishkoff is a 59 year old resident of Charlotte, N.C. and is originally from southwest Florida. She worked with a network of physical therapy clinics and other businesses to submit approximately $28.3 million worth of false claims, of which approximately...

Ring of Fire’s top news from the past week. Video Rewind 5 Reasons the GOP is Screwed in 2014 Man Pays $350k to Kill Endangered Black Rhino 85 People Own Half of the World’s Money Exposing The Employer Loan Trap Time For a New War on Poverty Your continued support keeps Ring of Fire on the air! Support when you shop on Amazon by bookmarking our link and use it when you shop on Amazon. A portion of the sales will come back to Ring of Fire at no extra cost to you. Joshua is a writer and researcher...

Last week, Nicholas Scorsch announced his intentions to acquire Cetera Financial Group, through RCS Capital and form one of the largest independent broker-dealer networks in the U.S.. Scorsch has been making waves for years in the real estate investment industry. Shortening times that investors normally expect on nontraded-REIT investments to return any revenue, Scorsch’s business has been changing the paradigm on nontraded-REITs. Nontraded REITs are a variant on traditional, publicly traded REITs but carry with them some significant risks for everyday investors. “Because of the ridiculously high costs and fees, many of which are hidden, there is no reason...

According to a new report from Oxfam, one percent of the world’s population now owns over half of all wealth in the world. Let that sink in for a second. Here are some other statistics from the report that may surprise you. The wealth of the one percent richest people in the world amounts to $110 trillion. That’s 65 times the total wealth of the bottom half of the world’s population. The bottom half of the world’s population owns that same as the richest 85 people in the world. Seven out of ten people live in countries where economic...