“THE PROBLEM IS NOT THAT PEOPLE LIKE WARREN BUFFETT PAY AT A 17 PERCENT RATE, IT’S THAT THEY CAN USE COMPLEX TRANSACTIONS NOT AVAILABLE TO MOST AMERICANS TO GET CASH FROM THEIR APPRECIATED STOCK WITHOUT PAYING ANY TAXES AT ALL.“ That America’s wealthiest taxpayers enjoy their lowest tax rates in decades is only a fraction [...]
Widespread outrage met Bank of America’s recent decision to begin charging fees for customers to use their debit cards, and the nation’s largest bank eventually reversed course and scrapped the $5 charge. But if you think that was the extent of the bank’s venture into controversial fees, you would be wrong. While not as broad [...]
NOTRE DAME UNIVERSITY GETS GRINCH-OF-THE-MONTH AWARD. (Yahoo Sports) Chapman High School in Clayton, Kansas, struggling to re-open after devastating tornado, is hit by a “cease and desist” letter from Notre Dame to restrain them from using a “Fighting Irish” logo that closely resembles the one used by Notre Dame. Clayton may feel lucky that ND [...]
From the series of protests that have sprung up under the “Occupy Wall Street” banner to lawmakers calling for a “millionaires’ tax,” America is experiencing a rise in populist anger and resentment towards Wall Street, corporations, and the one percent of the country that makes up the “super-rich.” While there is no single target of [...]
WHAT’S IN CAPITAL ONE’S WALLET? A BIG MERGER WITH AN ONLINE BANK, THEY HOPE. (In These Times) The bank, recipient of a $3.6 billion bail-out as one of those “too big to fail” banks, now hopes to become even bigger (the country’s fifth largest bank) by a merger with ING’s online banking. As the Federal [...]
HEALTH INSURANCE COSTS, AND INSURANCE COMPANY PROFITS, ARE SKYROCKETING. (New York Times) America may be headed for a crisis in health care as costs for insurance are rising at a shocking rate. The cost of employer-based insurance for an average family has increased 9 percent over the past year, the higher costs hitting hard in [...]
“UNITED STATES OF AMERICA — YOU HAVE A NEW ALLY IN NORTH AFRICA.” (Global Research) This phrase was printed on a banner welcoming Sen. John McCain to Benghazi, Libya on his visit to the main stronghold of the “rebel” fighters opposing the regime of Moammar Gaddafi. The sentiment of that banner is important to understand [...]
MAKE NICE WITH A GROUP OF VISITING JEWISH MYSTICS; BUT DON’T MENTION ANY OF THE POLITICS OF ISRAELI DESTRUCTION OF NABLUS. (Electronic Intifada) Palestinian Authority welcomes foreign visitors for a “Peace and Freedom” day in this much-abused West Bank city, but a line in the sand is drawn against any serious discussion of the realities [...]
NATURAL GAS PRODUCTION IN THE U.S. IS A BRIDGE TO….MORE NATURAL GAS PRODUCTION. (AlterNet) Jennifer Krill challenges the gas industry’s claim that natural gas is a bridge to a “clean energy future.” To the contrary, the “fracking” process leads to the opening of gas wells not “somewhere else” but literally in people’s backyards as gas [...]
FOX NEWS TAKE ON OBAMA’S LIBYA SPEECH: A NARCISSIST CLAIMING TO HAVE LED A COALITION INTO A CONFLICT INTO WHICH HE WAS HIMSELF DRAGGED BY THOSE “PARTNERS.“ (Fox News) From this perspective, Obama only did the “right thing” in committing U.S. military force in support of Libya’s rebels when forced to do so by international [...]
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