Although most anyone can be a target of fraud and identity theft, senior identity theft is on the rise and those ages 50+ are often in the cross-hairs of scammers. The U.S. government is taking steps to help circumvent the high level of fraud aimed at seniors, but it can only do so much -- and progress in this area has been fairly slow.
This year, Urban Outfitters sold a "vintage" Kent State sweatshirt tastefully splattered with red paint while Donald Sterling's racial comments cost him his NBA franchise. It's been a raucous year in the public arena, expressed perfectly by a parade of PR blunders that is as impressive in scope as it is in sheer absurdity.
The Freedom From Religion Foundation has sent a letter to the IRS urging them to investigate Ken Ham's Ark Encounter. The letter alleges that Ham has continuously attempted to run a for-profit business behind his non-profit in order to benefit from as many tax breaks and discriminatory practices as possible.
Forty years ago today, President Nixon addressed the nation to announce he would be resigning the next day -- the only time in US history this has happened. Today, President Obama announced the US will be dropping bombs on Iraq once again. That's a pretty heavy-duty amount of the past to contemplate, in one week.
If everyone understands the need to fight against tax fraud, everyone can agree that law abiding taxpayers should not pay the price. That is why it is essential that our government remind financial institutions of their duty and not sacrifice their social role attached to banking in France and remind them of their obligations.