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[quote='EVILYOSHIDA' pid='9180' dateline='1363237244']
Quote:Crony Capitalism. Apple bills poeple from LUXEMBOURG
So does Skype...though I have no idea where they're actually from.
Skype I think was started by Estonians believe it or not.
(03-14-2013 03:00 PM)EVILYOSHIDA Wrote: [ -> ]
Quote:1. Which 'Patriotic' US Companies 'Invested' The Most Cash Overseas Last Year?

A Wall Street Journal analysis of 60 big U.S. companies found that, together, they parked a total of $166 billion offshore last year. That shielded more than 40% of their annual profits from U.S. taxes, though it left the money off-limits for paying dividends, buying back shares or making investments in the U.S. The 60 companies were chosen for the analysis because each of them had held at least $5 billion offshore in 2011. Within the group of 60 companies, WSJ found 10 that parked more earnings offshore last year than they generated for their bottom lines.

The trend was most pronounced among the 26 technology and health-care companies. Not all of the earnings parked offshore are in cash. Some of the money is used to build plants and buy equipment overseas. Why? Apple said it held $40.4 billion in untaxed earnings outside the U.S. and estimated that it would owe $13.8 billion in tax if it brought that money back to the U.S. That is a 34% tax rate. Since foreign income taxes are creditable on U.S. taxes, that means Apple has paid less than 5% tax on those earnings to date.

Crony Capitalism. Apple bills poeple from LUXEMBOURG

William Cooper ended up being shot and killed by law enforcement based on trumped up tax evasion charges, and companies are allowed to cheat the US Government (and its citizens) out of 13.8 Billion.

Didn't Microsoft buy Skype?
Just checked wikipedia, yes they have bought Skype.

Skype was founded in 2003 by Janus Friis from Denmark and Niklas Zennström from Sweden.[22] The Skype software was developed by the Estonians Ahti Heinla, Priit Kasesalu, and Jaan Tallinn, who together with Friis and Zennström were also behind the peer-to-peer file sharing software Kazaa.[23] In August 2003, the first public beta version was released.

On 12 September 2005, eBay Inc. agreed to acquire Luxembourg-based Skype Technologies SA for approximately US$2.6 billion in up-front cash and eBay stock, plus potential performance-based consideration.

On 10 May 2011, Microsoft Corporation acquired Skype Communications, S.à r.l for US$8.5 billion.[24] The company was incorporated as a division of Microsoft, and Microsoft acquired all of the company's technologies with the purchase. This was completed on 13 October 2011

1. Arizona could soon approve gold, silver as legal tender

After being rejected by three state legislatures this year, a measure to recognize U.S. Government-minted gold and silver coins as legal tender may find a second home in Arizona. Arizona could soon become the second U.S. state to recognize gold and silver as legal tender if the Arizona House approves SB 1439.

The bill has already won the approval of Arizona’s State Senate and the Arizona House Financial Institutions Committee which voted the legislation out of committee on a 4-2 vote Monday. The measure now goes to a vote of the Arizona House.

Thus far, only the State of Utah has officially recognized gold and silver as legal tender, (See: Gold, silver coins now officially legal tender in Utah) although the issue has been under consideration this year in four states including Arizona. The Arizona bill defines legal tender as a mode of paying debts and taxes.


2. New Report: 48 Percent of First Children Born to Unwed Mothers

Calling it “The Great Crossover,” a report by academics and social activists shows that for the first time in history the median age of American women having babies is lower than the median age of marriage – 25.7 and 26.5, respectively.

These “dramatic changes in childbearing,” the report states, results in dramatic statistics about American children. Among them, 48 percent of first births are by unwed mothers, and by age 30 two-thirds of American women have had a child, typically out of wedlock.

Kay Hymowitz, an author of the report and a William E. Simon Fellow at the Manhattan Institute, said at an event to release the report on Wednesday at the Brookings Institution, that it reflects how the view of what marriage is about has changed.


3. Big Sis Refuses To Answer Congress On Bullet Purchases

Speaking at CPAC with Infowars and We Are Change reporter, Luke Rudkowski, Congressman Timothy Huelscamp revealed this week that the Department of Homeland Security has refused to answer questions from “multiple” members of Congress regarding its recent purchase of huge amounts of weapons and ammunition.

“They have no answer for that question. They refuse to answer to answer that,” Huelscamp said. “I’ve got a list of various questions of agencies about multiple things. Far from being the most transparent administration in the world, they are the most closed and opaque,” the Congressman added. “They refuse to let us know what is going on, so I don’t really have an answer for that. Multiple members of Congress are asking those questions,” he added.

“It comes down to during the budget process, during the appropriations process, are we willing to hold DHS’s feet to the fire?” “We’re going to find out… I say we don’t fund them ’til we get an answer. Those type of things really challenge Americans. They are worried about this administration,” Huelscamp urged.


4. Heavy clashes near Syrian border with Israel

Syrian government and opposition forces clashed near the border with Israel throughout Wednesday, with casualties reported on both sides by local activists.

The Syrian Observatory for Human Rights, a London-based organization, reported early Wednesday afternoon that regime forces had bombarded the town of Jubata Al-Khashab, just across the armistice line from the Israeli Druze towns of Mas’ade and Buq’ata, with no casualties. Five miles southwest of there, clashes flared between regime and opposition forces in the villages of Khan Arnabeh and Ofanya, with the Observatory reporting “losses on both sides.”

The municipality of Khan Arnabeh reported regime shelling on the village Wednesday morning, causing the destruction of at least one home. Two adults and three children were reportedly killed.


5. EU gives Cyprus bailout ultimatum, risks euro exit

The European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro currency zone.

In stark twin warnings on Thursday, the European Central Bank said it would cut off liquidity to Cypriot banks and a senior EU official made clear to Reuters that the bloc was ready to see the bankrupt island banished from the euro in the belief it could then contain damage to the wider European economy.

The ECB ultimatum came as the island's leaders struggled to craft a "Plan B" to raise the 5.8-billion euro contribution demanded by the EU in return for a 10-billion euro ($13-billion) bailout from the EU and IMF; angry Cypriot lawmakers threw out a tax on deposits, calling the EU-backed proposal "bank robbery".


6. Iran will destroy Israel cities of Tel Aviv and Haifa if attacked – Supreme leader

Iran’s most powerful authority, Ayatollah Ali Khemenei, said the Islamic Republic would raze the cities of Tel Aviv and Haifa “to the ground” if Israel launched a military strike against it.

“At times the officials of the Zionist regime [Israel] threaten to launch a military invasion, but they themselves know that if they make the slightest mistake the Islamic Republic will raze Tel Aviv and Haifa to the ground,” Ayotollah Ali Khamenei said during an address on live state television.

Obama said Thursday time is running out for a diplomatic solution. "Iran must know that time is not unlimited. I have made the position of the United States clear: Iran must not get a nuclear weapon,” he said. He also said that the US will always protect Israel. “Israel will never be destroyed as long as the United States exists. You are not alone," he said.


7. What Could Cause Interest Rates to Rise?

There is an interesting paradox at work as central banks suppress interest rates. Correspondent Mark H. recently asked: "What is your take on what the outcome will be if/when interest rates start rising?" Let's break this excellent question into two parts: 1) what might cause rates to rise, and 2) what consequences will likely result from rising rates/yields?

There are two articles of faith in the central-bank religion:

1) We can keep interest rates near-zero for as long as we deem necessary, and

2) We can suppress inflation at will, too.

The question is: can they do both at the same time for as long as they wish? If either interest rates or inflation (and they are correlated) start rising, the central banks' claims of control evaporate.

There is an interesting paradox at work here: The only way central banks can keep interest rates low is to buy the bonds issued by their respective governments, i.e. monetize the sovereign debt. They do this by creating money out of thin air, i.e. expanding their balance sheet with government bonds and other debt instruments such as home mortgages. Theoretically, the Federal Reserve could continue to artificially suppress rates by expanding its $3 trillion balance sheet to $30 trillion.


8. New Yorkers now being given $500 rewards if they report gun owners to law enforcement

So like is New York the new North Korea now or something? Or maybe it’s reverting back to the old days of Nazi Germany. For over a year now, New Yorkers have been offered $500 rewards to snitch on people who own guns. The Andrew Cuomo mafia has done a real job on dumb New Yorkers. Cuomo makes Eliot Spitzer look like a rookie. He even makes his daddy Mario look ethical!

CBS-6 news reported the existence of the tip line on Wednesday. It was previously a “well-kept secret” that received little promotion from state officials or fanfare in the media, according to the New York State Rifle and Pistol Association.

Information leading to an arrest can earn callers up to $500, according to an operator who answered the line when The Daily Caller called. The number is 1-855-GUNSNYS. Earlier this week, authorities discussed “reviving” the tip line by generating publicity for it, according to John Grebert, executive director of the New York State Association of Chiefs of Police.

Quote:2. New Report: 48 Percent of First Children Born to Unwed Mothers

Calling it “The Great Crossover,” a report by academics and social activists shows that for the first time in history the median age of American women having babies is lower than the median age of marriage – 25.7 and 26.5, respectively.

These “dramatic changes in childbearing,” the report states, results in dramatic statistics about American children. Among them, 48 percent of first births are by unwed mothers, and by age 30 two-thirds of American women have had a child, typically out of wedlock.

Kay Hymowitz, an author of the report and a William E. Simon Fellow at the Manhattan Institute, said at an event to release the report on Wednesday at the Brookings Institution, that it reflects how the view of what marriage is about has changed.


Brave new world!

It's going to take massive effort to recover from this.

If you praise the family in the future.. you will be seen as a bigot.

It will be insensitive to the millions up on millions of kids born without fathers or out of wedlock.
^ Exactly. It is only a matter of time before saying that I feel sorry for all of these children, since they are growing up without both a mother and father, will be considered hate speech.

Obama said Thursday time is running out for a diplomatic solution.

Here's a diplomatic solution for you: stop attacking and invading sovereign countries.

Wow. Those New York gun laws are crazy. Even crazier to give people an incentive to spy on and rat out their neighbors, rather than minding their own business.
ratting out family, neighbors etc. is a commie technique. that is what they did during the cultural revolution.

turn people against each other. it's sooooooooo bad!
(03-22-2013 03:06 PM)EVILYOSHIDA Wrote: [ -> ]ratting out family, neighbors etc. is a commie technique. that is what they did during the cultural revolution.

turn people against each other. it's sooooooooo bad!

There's a lot of that in the US.

The government even has incentivised snitching programs where they'll pay you to rat out your new, out of state neighbors who don't switch their car plates within 30 days.

Mar 21- Massive Put Trade Rocks FX Mart
^ i heard about that earlier. crazy

900 m put option

Wall Street Week Ahead: Cyprus deal could spur S&P 500 to new peak

1. "Time has come" for a carbon tax

Last weekend, the Financial Times published a must-read editorial on the need for a national carbon tax: "Taxes are always a regrettable necessity, but some are less regrettable than others. A tax that strengthens energy security and cuts pollution, while minimising the damage done to employment and investment, is one of the least regrettable of all."

"Yet a carbon tax, which has all those characteristics, is struggling to find support from the US administration or in Congress. It deserves much wider enthusiasm."

"Energy consumption, on the other hand, is not an objective for anyone. Indeed, the negative externalities of energy use, including local pollution and greenhouse gas emissions, mean that, other things being equal, an economy that burns less fuel is better off."

"That insight lies behind support from across the political spectrum for a tax linked to the carbon content of fossil fuels, generating revenue that could be recycled through cuts in other taxes. Four leading Democrats in Congress this month proposed such a tax, and asked for suggestions for how it could be implemented. On the Republican side, a carbon tax has been backed by several prominent figures, most notably Greg Mankiw of Harvard, a former economic adviser to George W. Bush and Mitt Romney."


2. Senate Passes $3.7 Trillion Budget, Its First in 4 Years

WASHINGTON — After a grueling, all-night debate that ended close to 5 a.m., the Senate on Saturday adopted its first budget in four years, a $3.7 trillion blueprint for 2014 that would fast-track passage of tax increases, trim spending gingerly and leave the government still deeply in the debt a decade from now.

The 50-49 vote sets up contentious — and potentially fruitless — negotiations with the Republican-dominated House in April to reconcile two vastly different plans for dealing with the nation’s economic and budgetary problems.


3. Cyprus weighs big bank levy; bailout goes down to wire

(Reuters) - Cyprus said on Saturday it was looking at seizing a quarter of the value of big deposits at its largest bank as it races to raise the funds for a bailout from the European Union and avert financial collapse.

Finance Minister Michael Sarris said "significant progress" had been made in talks in Nicosia with officials from the European Union, European Central Bank and International Monetary Fund. He confirmed discussions were centered on a possible levy of around 25 percent on holdings of over 100,000 euros at Bank of Cyprus, and expressed hope that a package could be ready by the end of the day for approval by parliament.

Cyprus faces a Monday deadline to clinch a bailout deal with the EU or the European Central Bank says it will cut off emergency cash to the island's over-sized and stricken banks, spelling certain collapse and a potential exit from Europe's single currency.


4. China 'to overtake America by 2016'

China is on track to overtake America as the world's biggest economy in 2016 as its growth accelerates, according to a report by the Organisation for Economic Co-operation and Development. China's economy expanded last year at 7.8pc - its slowest pace in more than a decade - and recent data has fuelled concerns that any rebound in the country's growth is losing steam.

However, the OECD was upbeat, predicting in a new survey of China's prospects that the country's economy could expand by 8.5pc this year and by 8.9pc in 2014.

While the OECD noted the slowdown in China's aggressive expansion, it nonetheless predicted that growth should average 8pc in this decade at current rates of investment and reform. After allowing for price differences, it forecast that China could become the world's largest economy, overtaking America, around 2016.


5. Obama: Post-Assad Syria Could Be Extremist Haven

Speaking today in Jordan, President Obama warned that a post-Assad Syria could be a “chilling scenario” where Islamist factions within the rebel movements thrived in a power vacuum, transforming the nation into a “enclave for extremism.”

Though Obama expressed reservations about this future, he still expressed confidence Syrian President Assad would eventually fall, and defended the US policy of backing the very same rebels he is so confirmed about.

The comments were aimed primarily at getting Jordan to agree to accept more refugees, something that also comes with a pledge of another $200 million in aid. Yet it also reflects the growing divisions within the administration about backing an increasingly al-Qaeda-centric rebellion.


6. Jeff Monson: US a police state, George Orwell's 1984 happening before us

People do not need governments: rulers serve banks and corporations and do not care about the well-being of their citizens, believes Jeff Monson, a famous American mixed martial artist, who positions himself as an anarchist. In an interview with RT he says American policy is all about imperialism and money making.

RT: It's the 10th anniversary of US invasion to Iraq. You were arrested for vandalism after you spray-painted the anarchist symbol on one of the government buildings, protesting against the war and economic inequalities. Do you think these two are the two main problems of the US?

Jeff Monson: We can't maintain ourselves. The United States has military bases in 125-130 countries right now worldwide. It's not about government, it's not about the military, it's about keeping the spread of capitalism, of 'American democracy', which means our corporations go and exploit as many people as they can. They keep talking about so many people getting out of poverty, but in fact, statistics show that the gap between the richest and the poorest has never been worst that what it is now, even in the feudal age.

RT: Should we expect change from Obama's second term?

JM: No! I think he showed us his true colors during his first term. On the eve of his election people were literally crying: Oh my gosh, we have a black man in America, someone who's going to bring social changes, someone who's not going to be caught in the system, he'll resist the corporations and the banks. But I say - he's just part of the system! He might have a good heart, but I can only judge by his actions. He wanted to close Guantanamo Bay, he was going to end the war in Iraq and Afghanistan, but we are still there. Now they are talking about drones over the United States to watch their own people, it's a police state, it's really George Orwell's '1984'. It's happening in front of us. It's surreal! It's unimaginable!

They want to scare us, saying "they are to get us, we are doing it for your own protection,” they make us scared of one another. Scared of what our neighbors are doing.


7. JPMorgan On The Inevitability Of Europe-Wide Capital Controls

With the Cypriot government still 'undecided' about what to 'take' and the European leaders very much 'decided' about what to 'give', the fact of the matter is, as JPMorgan explains in this excellent summary of the state of affairs in Europe, that because ELA funding facility is limited by the availability of collateral (and the haircuts applied to those by the central bank), and cutting the Cypriot banking system completely from ELA access is equivalent to cutting it from the Eurosystem making an exit from the euro a matter of time.

This makes it inevitable that capital controls and a capital freeze will be imposed, in their view, but it is not only bank deposits that are at risk. A broader retrenchment in funding markets is possible given the confusion and inconsistency last weekend's decision created for investors relative to previous policy decisions.

Add to this the move by Spain, which announced this week a tax or bank levy (probably 0.2%) to be imposed on bank deposits, without details on which deposits will be affected or timing, and the chance of sparking much broader deposit outflows across the union are rising quickly.


8. Muslim Brotherhood Sets Up ‘Brown Shirts’ to Enforce Rule

Protests against the Muslim Brotherhood continue to rock Egypt without a word being said from the White House. Now, the Brotherhood and allied Islamists are taking a cue from their Shiite counterparts in Tehran and have announced they are setting up a civilian force with the power to arrest those they deem to be criminals.

The Muslim Brotherhood first hinted at setting up a militia on December 16 when Vice Chairman Essam Erian of its Freedom and Justice Party said it needed defenses in the wake of clashes. “They would have defended themselves in front of the presidential palace and killed the other [anti-Brotherhood] protesters,” he said. At around the same time, Jama’a al-Islamiya threatened to set up a pro-Brotherhood militia to “protect private and public property and counter the aggression on innocent citizens.”

The Brotherhood and Jam’a al-Islamiya have announced their intention to set up a joint civilian police force with other Islamists.

Thanks cellar!
This is such a great picture, in so many ways.

[Image: jeffmonsoon.jpg]

^ Jeff Monson, for those who don't know.
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