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Two-thirds of millionaires left Britain to avoid 50p tax rate
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Telegraph [UK], by Robert Winnett
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Posted By: Attercliffe- 11/28/2012 5:07:59 AM
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In the 2009-10 tax year, more than 16,000 people declared an annual income of more than £1 million to HM Revenue and Customs. This number fell to just 6,000 after Gordon Brown introduced the new 50p top rate of income tax shortly before the last general election. The figures have been seized upon by the Conservatives to claim that increasing the highest rate of tax actually led to a loss in revenues for the Government. It is believed that rich Britons moved abroad or took steps to avoid paying the new levy by reducing their taxable incomes.
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Blacks fret free-for-all for Jesse Jackson Jr. seat
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Politico, by Alex Isenstadt
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Posted By: Pluperfect- 11/28/2012 5:06:33 AM
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Black leaders are growing increasingly worried that a white candidate might seize the seat of former Democratic Rep. Jesse Jackson in the upcoming Illinois special election. Losing Jackson’s seat would be a blow to the black establishment. Chicago, long a center of black cultural and political power — With a host of black candidates announcing their intention to run, the concern is that they could split the African-American vote and provide a plurality to a white contender. The worries escalated this week after former Rep. Debbie Halvorson, a white Democrat and veteran of suburban Chicago politics,
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Tampa socialite fighting back in Petraeus scandal
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Associated Press, by Terry Spencer & Tamara Lush
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Posted By: StormCnter- 11/28/2012 5:00:48 AM
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TAMPA, Fla. — A Tampa socialite embroiled in the scandal that cost CIA Director David Petraeus his job fought back Tuesday after more than two weeks of silence as her attorneys released emails, telephone recordings and other material that they say show she never tried to exploit her friendship with Petraeus. Jill Kelley, through her attorneys, went on the attack against a New York businessman who accused her of incompetence in her work trying to set up a deal he was negotiating with South Korean companies; an attorney who accused her of name-dropping and of being a social climber;
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Feds believe Jesse Jackson Jr. got tip about probe into his finances
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Chicago Sun-Times, by Natasha Korecki
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Posted By: StormCnter- 11/28/2012 4:57:34 AM
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Federal authorities believe Jesse Jackson Jr. was tipped off to the federal investigation that ultimately contributed to the demise of his once-promising career. Sources with knowledge of the probe told the Chicago Sun-Times that investigators believe Jackson had learned of the federal scrutiny of his financial activity prior to his June 10 leave from Congress. The sources said it didn’t necessarily mean the tip was from an investigative source, saying it was possible the congressman received a tip from someone who was notified about the probe, possibly through a subpoena. While Jackson, a South Shore Democrat, eventually released information
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When photo ops meet red tape
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Hot Air, by Ed Morrissey
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Posted By: StormCnter- 11/28/2012 4:45:11 AM
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It’s easy for politicians to fly into a disaster area and make promises, but it’s a lot more difficult to deliver on them. last month, when Barack Obama visited New Jersey in the wake of Hurricane Sandy, he told the victims of the storm that he would blow away the red tape to help them out — and made a promise to one person in particular that his administration would get her business back on its feet. Donna Vanzant provided Obama with a memorable photo op, but became quickly forgotten in the bureaucracy Obama promised to waive:
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´Bigfoot´ Is Part Human, DNA Study Claims
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Live Science, by Benjamin Radford
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Posted By: Pluperfect- 11/28/2012 4:40:34 AM
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Genetic testing confirms the legendary Bigfoot is a human relative that arose some 15,000 years ago — at least according to a press release issued by a company called DNA Diagnostics detailing supposed work by a Texas veterinarian. The release and alleged study by Melba S. Ketchum also suggests such cryptids had sex with modern human females that resulted in hairy hominin hybrids, but the scientific community is dubious about her claim.
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Chile’s economic growth tops OECD
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Santiago Times [Santiago, Chile], by Emily Green
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Posted By: PageTurner- 11/28/2012 12:28:08 AM
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While the global economy continues to slowly inch upward, Chile is leading the way among advanced economies, according to a Tuesday report by the Organization for Economic Cooperation and Development (OECD). Chile registers the highest growth rates among OECD members, which make up some of the world’s most advanced economies, reaching 5.4 percent in 2014. On the other hand, the OECD predicted a “hesitant and uneven recovery” for the global economy over the course of the next two years, predicting a 2.3 percent growth by 2014.
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The Incredible Story of The Bolivian Drug Lord Who Built The ´General Motors Of Drug Trafficking´
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Business Insider / WorldCrunch, by Alejandro Marinelli
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Posted By: PageTurner- 11/28/2012 12:20:11 AM
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BUENOS AIRES - Among the many tales, there is one in particular that stands out in the drug kingpin´s biography, sounding much more like urban legend than harsh reality: It was in early 1982, and his oldest son had been arrested by agents from the U.S. Drug Enforcement Agency (DEA). Having tried everything he could to have his son freed, the father decided to send a letter directly to the President of the United States, Ronald Reagan. In the letter, he promised, in exchange for his son’s liberty, to pay off Bolivia’s entire foreign debt: $3.8 billion.
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President Chávez shows up once in a while
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El Universal [Caracas, Venezuela], by Staff
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Posted By: PageTurner- 11/28/2012 12:14:38 AM
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Following his reelection last October 7, public appearances of Venezuela´s President Hugo Chávez are downwards, found a survey made available to El Universal. The analysis covers July-November 2012. Based on the probe, acts of government led by Chávez in July totaled 1,770 minutes, versus 695 minutes for electioneering. Remaining numbers show that telephone contacts accrued 25 minutes; press conferences 240 minutes, and interviews 120 minutes. Grand total: 2,850 minutes of public appearances. The number of appearances in August escalated up to 3,370 minutes, broken down as follows: acts of government (2,260), electioneering (1,075), telephone contacts (10) and press conferences (385).
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Brazil’s largest city replaces all chiefs of police to contain an escalating wave of killings
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MercoPress [Montevideo, Uruguay], by Staff
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Posted By: PageTurner- 11/28/2012 12:11:10 AM
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The chiefs of police in Sao Paulo were replaced on Monday as Brazil´s largest city emerged from a bloody weekend and authorities struggled to contain a wave of violence that has doubled the murder rate in recent months. Sao Paulo state security chief Fernando Grella, who took over the job four days ago, replaced the chiefs of the civil and military branches of the police and vowed to work closely with police, put more officers in the streets of Sao Paulo and investigate every murder. There will be daily meetings among the heads of police departments, Grella
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President Franco says Paraguay will begin pumping oil in mid-2013
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MercoPress [Montevideo, Uruguay], by Staff
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Posted By: PageTurner- 11/28/2012 12:08:05 AM
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Paraguayan president Federico Franco announced on Monday that starting on 2013 the country will become an oil producing nation, after a recent discovery close to the border with Argentina. According to Franco, researchers have discovered “plenty of top quality oil” in the “Cuenca de Pirity” area, in the Chaco region, west and north of Asunción. The Paraguayan head of state assured that the country would be producing oil barrels by mid-2013. “Paraguay will not only be a world champion in the production of clean and renewable hydroelectric energy. Now it will also join the list of oil producing countries,”
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Venezuelan bonds rally on bets Chavez sick again
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Reuters, by Michael O´Boyle
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Posted By: PageTurner- 11/28/2012 12:02:44 AM
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MEXICO CITY - Venezuelan bonds rallied on Wednesday by the most in nearly six months after President Hugo Chavez said he would return to Cuba for medical treatment, raising bets that his health has faltered. Chavez said he will travel to Cuba on Tuesday for medical treatment, following a nearly two-week absence from the public eye, months after undergoing cancer surgery on the communist-run island. If his health does worsen, his unwieldy coalition of military leaders and leftist social activists could fall apart. "This announcement is in line with our view that the president´s health is deteriorating,
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Argentina Rating Downgraded by Fitch on ‘Probable’ Default
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Bloomberg News, by Katia Porzecanski
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Posted By: PageTurner- 11/27/2012 11:57:47 PM
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Argentina’s credit rating was cut by Fitch Ratings, which said a default is probable after a U.S. judge ruled the country can’t make payments on its restructured bonds unless it pays holders of defaulted debt by Dec. 15. The rating on Argentina’s international law bonds was lowered to CC, eight levels below investment grade, from B, Fitch said today in an e-mailed statement. It cut the rating on bonds sold under Argentine law to B- from B. U.S. District Judge Thomas Griesa ruled on Nov. 21 Argentina must deposit $1.33 billion for creditors
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Republicans strike first on immigration reform
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Washington Examiner [DC], by Brian Hughes
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Posted By: JoniTx- 11/27/2012 11:20:42 PM
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Congressional Republicans on Tuesday struck first on an issue long championed by President Obama, offering legislation to reform the nation´s immigration laws just weeks after Hispanic voters bolted from the GOP over the party´s harsh stance on immigration. Sens. Kay Bailey Hutchison of Texas and Jon Kyl of Arizona -- two border-state lawmakers who are retiring -- introduced a bill that would allow young illegal immigrants to stay in the country, though it wouldn´t provide them with an expedited path to citizenship. Their proposal was symbolically important for a party that has had trouble winning over the
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GOP Senators: Obama Hasn´t Answered ´Most Basic´ Questions on Benghazi
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Breitbart Big Peace, by Ben Shapiro
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Posted By: JoniTx- 11/27/2012 11:17:33 PM
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Following on their meeting with UN Ambassador Susan Rice, Senators Lindsey Graham (R-SC), John McCain (R-AZ), and Kelly Ayotte (R-NH) released a statement bashing her performance and stating that President Obama had serious questions to answer about Rice’s statements in the aftermath of the Benghazi terrorist attacks that resulted in the deaths of four Americans. The text of the statement: We respectfully disagree with the White House’s statement today that ‘there are no unanswered questions’ about Ambassador Rice’s September 16 Sunday show appearances and the talking points she used.
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Republicans pick new committee chiefs
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The Hill [Washington DC], by Molly K. Hooper
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Posted By: JoniTx- 11/27/2012 11:14:49 PM
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House Republican leaders picked six new committee chairmen on Tuesday, solidifying the team that will carry them forward in the new Congress. Speaker John Boehner’s (R-Ohio) office released the slate of chosen chairmen for ratification by the entire House GOP conference, which is expected to happen on Wednesday. Three of the races were competitive, with Rep. Michael McCaul (R-Texas) now set to become the new Homeland Security Committee chairman, Rep. Lamar Smith (R-Texas) the Science Committee chairman and Rep. Ed Royce (R-Calif.) the Foreign Affairs chairman.
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Senate Dems Hypocritically Embrace Nuclear Option
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Investor´s Business Daily, by Staff
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Posted By: HollowLeg- 11/27/2012 11:09:40 PM
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Congress: Changing the filibuster rule come January has suddenly become a top priority for Senate Democrats who want to help their re-elected president complete his fundamental transformation of America. Minority Leader Mitch McConnell on Monday blasted Democratic-led efforts to reform the filibuster, something the Democrats once vehemently opposed but which Majority Leader Harry Reid has promised to bring up in the next Congress, fearing the Republicans will dig in to block President Obama´s agenda. What Reid and the Democrats will come up with is unknown at this point. Among the options is to ban
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Soldiers: Mexico beauty queen had gun in her hands
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Associated Press, by Martin Duran
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Posted By: Dreadnought- 11/27/2012 10:49:16 PM
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MEXICO CITY — A Mexican beauty queen killed over the weekend in a shootout between suspected drug traffickers and soldiers likely was being used as a human shield, a federal official said Tuesday. Maria Susana Flores Gamez, crowned 2012 Woman of Sinaloa in February, came out of the car first with a gun in her hands during the confrontation, with the other gunmen hiding behind her, according to the official from the attorney general´s office. He spoke on condition of anonymity because of the ongoing investigation.
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Venezuela´s Chavez returns to Cuba for treatment
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Xinhua News Agency [China], by Staff
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Posted By: LittleHoodedMonk- 11/27/2012 10:39:36 PM
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Caracas - Venezuela´s President Hugo Chavez is traveling to Cuba for more medical treatment Tuesday, according to a letter from the president to the National Assembly released Tuesday. The president of the National Assembly Diosdado Cabello read the letter from Chavez requesting permission from the congressional body to travel to Cuba for "hyperbaric oxygenation" as part of his post-cancer treatment. "I ask this sovereign assembly to authorize my absence from national territory beginning Nov. 27 and my stay in our sister Republic of Cuba," the letter from Chavez said. Chavez, 58,
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After meeting with Susan Rice, Republican senators say they aren’t reassured
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Washington Post, by Ed O´Keefe
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Posted By: Dreadnought- 11/27/2012 10:37:18 PM
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What was supposed to be a make-nice meeting on Tuesday seemed only to make things more contentious between the White House and Senate Republicans over U.N. Ambassador Susan Rice’s comments following the Sept. 11 attack on the U.S. mission in Benghazi, Libya. Rice came face to face with some of her harshest Republican critics, hoping to allay their concerns about whether she misled Americans regarding what precipitated the assault. President Obama has staunchly defended Rice and is said to be considering her for his next secretary of state, but the meeting apparently only served to deepen GOP skepticism.
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Mr. Obama’s time to lead on entitlements
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Washington Post, by Editorial
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Posted By: Dreadnought- 11/27/2012 10:33:45 PM
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YOU MIGHT EXPECT political winners to be more ready than losers to compromise. Magnanimity in victory, and all that. It often works the other way, though. Victors misread their triumph and overplay their hands. Republicans, who failed to retake the White House and lost ground in the Senate, are beginning to accept that they will have to bend on a core principle in the fiscal talks now underway. Federal revenue will have to increase, substantially, with the wealthy taking the biggest hit. Democrats, meanwhile, are sounding more and more maximalist
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Obama public relations effort aims to avoid ‘fiscal cliff’
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Washington Post, by David Nakamura and Zachary A. Goldfarb
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Posted By: Dreadnought- 11/27/2012 10:33:36 PM
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The White House signaled Tuesday that it will attempt to marshal the momentum from President Obama’s reelection triumph into another victory at the negotiating table, launching a full-fledged public relations effort to avoid a “fiscal cliff” that could jolt the nation back toward recession. Administration officials said Obama will hit the road for a campaign-style series of events this week with ordinary Americans, including a visit to a toy manufacturer in suburban Philadelphia on Friday. That trip and others will be aimed at increasing pressure
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Group sues US, Clinton, for ´funding terror´
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Jerusalem Post [Israel], by Yonah Jeremy Bob
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Posted By: LittleHoodedMonk- 11/27/2012 10:15:10 PM
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A group of 24 Americans living in Israel, including victims of terrorism, filed a lawsuit on Tuesday against US Secretary of State Hillary Clinton and the US government over allegations of funding Palestinian terrorism in the West Bank and Gaza. The civil action, filed in the district court of Washington, DC, alleges that the US State Department, including Clinton, has ignored congressional safeguards and transparency requirements attached to US aid to the Palestinian Authority under the Palestinian Anti-Terrorism Act. (Snip) The US Embassy said that it could not provide an official response by press time.
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Report: Iran Building Powerful Nuclear Device
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Arutz Sheva [Israel], by David Lev
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Posted By: LittleHoodedMonk- 11/27/2012 10:04:52 PM
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Iran is planning to build a nuclear bomb with at least triple the force of the bomb that destroyed Hiroshima in World War II, diagrams obtained by the Associated Press indicates. According to AP, the diagrams were first discovered by International Atomic Energy Agency (IAEA) scientists after an inspection of an Iranian nuclear facility. The document was published by the AP Tuesday after, the news agency said, it was leaked by officials critical of the way the West has been handling the Iran issue.The diagrams discovered by the IAEA show Iranian scientists calculating
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Did Israel Defeat Hamas?
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National Review Online, by Benjamin Weinthal
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Posted By: Dreadnought- 11/27/2012 9:40:09 PM
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The end of Israel’s eighth war of self-defense last week prompted charged debates over the efficacy of Israel’s military operation. In short, what did the cease-fire accomplish for the Jewish state after eight days of unprecedented missile versus anti-missile-defense warfare? Israel’s opponent is the Jihadist terror group Hamas — an anti-Western, anti-Christian, anti-woman, and anti-Semitic organization that controls the Palestinian enclave of Gaza. This graphic Reuters photo of a man dragged through the streets of Gaza for alleged “collaboration” with Israel is a window into Hamas’s barbarism.
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