FAT Tax on its way to a McDonalds near you

Germany Weighs Tax on the Obese

Marco Wanderwitz, a conservative member of parliament for the German state of Saxony, said it is unfair and unsustainable for the taxpayer to carry the entire cost of treating obesity-related illnesses in the public health system.

http://www.aolnews.com/world/article/germany-considers-tax-on-the-obese/19566425

Britain Plans to Decentralize Health Care

Practical details of the plan are still sketchy. But its aim is clear: to shift control of England’s $160 billion annual health budget from a centralized bureaucracy to doctors at the local level. Under the plan, $100 billion to $125 billion a year would be meted out to general practitioners, who would use the money to buy services from hospitals and other health care providers.

http://www.nytimes.com/2010/07/25/world/europe/25britain.html?_r=2&hp

Judge sharply questions federal argument against Arizona law

GOOOOOOD

A federal judge sharply questioned the Justice Department's key argument that Arizona's immigration law interferes with federal enforcement of immigration law.

http://news.yahoo.com/s/yblog_upshot/20100723/pl_yblog_upshot/judge-sharply-questions-feds-argument-against-arizona-law

An even more detailed article...

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/22/AR2010072201548.html?hpid=topnews

Interesting article---

22 Statistics That Prove That The Middle Class Is Being Systematically Wiped Out Of Existence In America

http://endoftheamericandream.com/archives/22-statistics-that-prove-that-the-middle-class-is-being-systematically-wiped-out-of-existence-in-america

The Tax Tsunami On The Horizon

This breaks down the upcoming taxes......STAND BY

Fiscal Policy: Many voters are looking forward to 2011, hoping a new Congress will put the country back on the right track. But unless something's done soon, the new year will also come with a raft of tax hikes — including a return of the death tax — that will be real killers.

http://www.investors.com/NewsAndAnalysis/Article/541131/201007211841/The-Tax-Tsunami-On-The-Horizon.aspx?bcsi_scan_24DE46460B4E2EF0=6B1IZ9x7mnZDoj2/ydLPnpAlXBoGAAAAYYK/Ag==&bcsi_scan_filename=The-Tax-Tsunami-On-The-Horizon.aspx

Estate tax to return in 2011, and it could hurt ordinary folks

This is both criminal and immoral!!!!!!!!!!!!!!!!

http://www.usatoday.com/money/perfi/taxes/2010-07-21-estatetax21_CV_N.htm?bcsi_scan_24DE46460B4E2EF0=FytCdyn2SVTy2bPre7DD91PkiMYGAAAA5ci+Ag==&bcsi_scan_filename=2010-07-21-estatetax21_CV_N.htm

Hearing Today on State of U.S. Coins and Currency

Did he misspeak or was this a Freudian slip????

At Freedom Fest 2010 conference in Las Vegas two weeks ago, Jerry Jordan, who was president of the Federal Reserve Bank of Cleveland from 1992 to 2003, was asked if all the gold in Fort Knox was still there. Jordan affirmatively stated that all the gold that the U.S. owned at Fort Knox was still there. He immediately revised his statement to say that all of the gold that the U.S. claimed to have in “custody” at Fort Knox was still there. There is a huge difference between “owned” and in “custody.” Jordan’s comment is not an official acknowledgement that at least some gold reported as being held by the U.S. government is owned by others. However, it does heighten the suspicion that this could be true.

http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=12354&bcsi_scan_24DE46460B4E2EF0=Yyr18xrY3lzF72NwmZ2lKiiQyzsFAAAAhE2iAg==&bcsi_scan_filename=Article.jsp

Banks may hike check fees after finance reforms

C'mon...is there any doubt???


With the ink barely dry on Congress’ new financial-reform bill, which includes new regulations and credit-card restrictions on banks, some national and regional banks were already planning to raise fees on checking accounts and other services in an attempt to boost revenues.

http://www.bostonherald.com/business/general/view/20100719banks_may_hike_check_fees_after_finance_reforms/srvc=business&position=also

Fake fears over Ethiopia's gold

Ethiopia's national bank has been told to inspect all the gold in its vaults to determine its authenticity.
It follows the discovery that some of the "gold" it had bought for millions of dollars was gold-plated steel.

http://news.bbc.co.uk/2/hi/africa/7294665.stm

Fake gold bars out of tungsten a counterfeit story

This October, bankers in Hong Kong were in for a rude shock when they discovered some gold bars from the US to be actually gold plated tungsten i.e., fake gold bars. Acting fast, the Chinese officials found the perpetrators within hours. It seems that fake Tungsten blanks, between 1.3 and 1.5 million 400 oz, were manufactured in the US about fifteen years ago during the Clinton administration.

http://gold-quote.net/en/articles/fake-tungsten-gold-bars.php

Rust Discovered On Bank Of Russia Issued 999 Gold Coins

Here's a head scratcher: as everyone knows from elementary chemistry courses, gold is the most inert metal in the world - it does not rust, nor corrode. Yet this is precisely what Russian commercial precious metal trading company, International Reserve Payment System, discovered on thousands of (allegedly) 999 gold coins "St George" (pictured insert) issued by the Central Russian Bank.

http://www.zerohedge.com/article/rust-discovered-bank-russia-issued-999-gold-coins

ICE Facilities---WoooW

Illegal immigrants in a Level 1 Immigration and Customs Enforcement facility receive extensive health care, special meals, hair salon for the female detainees, a library including law books and access to Lexis Nexis legal cases as well as fitness and movie nights. Do you think these privileges are appropriate for someone who entered the U.S. illegally?

http://www.foxnews.com/opinion/2010/07/18/privileges-given-ice-facilities-appropriate-people-entered-illegally/

Moodys downgrades Ireland's rating

Another PIIG to the slaughter????

The bond rating system is corrupt as hell to begin with...so this is like a double whammy for Ireland.

Credit agency Moodys has downgraded Ireland's government bond ratings to Aa2, blaming banking liabilities, weak growth prospects and a substantial increase in the debt to GDP ratio.
The general government debt-to-GDP ratio was at 64 per cent at the end of last year, up from 25 per cent before the financial crisis took hold, and is continuing to rise.

http://www.irishtimes.com/newspaper/breaking/2010/0719/breaking7.html

Dow May Crash to 7,500 If 10,600 Not Breached~~~Daryl Guppy

Can also view at the Guppy Report...

The causes may have been different, but the collapse of the U.S. markets in early 2008 followed the same behavioral patterns as the collapse in 1929. The recovery pattern seen in 2010, is also very similar to that developed in 1930.

http://www.cnbc.com/id/38253735