Iceland's prime minister has resigned - the first major casualty of the leaked Panama Papers that have shone a spotlight on offshore finance.
The leaks, from Panama-based law firm Mossack Fonseca, showed Sigmundur Gunnlaugsson owned an offshore company with his wife but had not declared it when he entered parliament
He is accused of concealing millions of dollars' worth of family assets.
Mr Gunnlaugsson says he sold his shares to his wife, and denies any wrongdoing.
He is one of dozens of high-profile global figures mentioned in thleaked financial and legal records, which were first published on Sunday.
Read the whole dank column for full context:
He adds that men, likewise, are confused:
"What is it they want from a woman? Are they at fault? Are they perpetrating this man-woman situation? Are they oppressors?"
One way to read the essay is that Sanders was doing (in a supremely ham-handed way) what journalists do every day: draw the reader in with an attention-getting lede, then get to the meat of the article in the middle. Though he only sticks to his larger point for three paragraphs before getting back to his fictional couple, ending the essay with an imagined conversation:
"And she said, 'You wanted me not as a woman, or a lover, or a friend, but as a submissive woman, or submissive friend, or submissive lover...'
"And he said, 'You're full of ______.'
"And they never again made love together (which they had each liked to do more than anything) or never saw each other one more time."
Paul Ryan has the exact problem as the Floridian Cuban Senator. Name one of his accomplishment outside renaming Post Office building names or had run a marathon under 3 hours, so said he.
rz, Nice write-up.
Let's start right away to repeal the $500K capital gain tax deduction for home sales EVERY 2 years.
Treasury Secretary Jacob Lew: “Some companies are serial inverters. They acquire multiple U.S. firms in stock-based transactions over a short period of time. This increases their size and reduces the negative tax consequences of a subsequent inversion. Today’s action takes away a significant amount of the tax benefits of these serial inversions.”
“We are also taking action to curb the use of earnings-stripping,” continues Lew, “by focusing on transactions that generate large interest deductions by simply transferring debt between subsidiaries without financing new investment in the United States.”
news clipping no matter how brief and bare bone the message. So, last try:
"Bernie has even taken over my dating life," said Kaylah Williams, a 23-year-old flight attendant from South San Francisco who has joined a dating website for Sanders supporters.
All politicians raise money for their campaign, even Trump accepts contributions. What's troubling is how Billary see nothing wrong with accepting foreign money. Like the email server deal, what's troubling is Billary believed they were above everyone else. Like the Benghazi fiasco, what is troubling is Billary insisted that she should be excused of any mistake.
And they wonder why the younger generation democrats and independents, including women, are staying away from her powwows; Susan Page and Jenny Ung, USA TODAY 6:29 p.m. EDT March 14, 2016:
Sanders now leads Clinton among younger voters by 54%-37%, an even bigger advantage than the 11-point edge he held in January's survey. Millennial women now back Sanders by a jaw-dropping 61%-30% while the divide among Millennial men is much closer, 48%-44%.
"He's a people-person and will bring a freshness to the country," Tracy Wanjiku, 21, a caregiver from Alameda, Calif., says in explaining her support for Sanders. But in a Clinton-Trump stand-off in November, she says, "I would vote for Hillary — not that I'm in much favor of her, but I think Donald Trump ... his idea of politics is way too over-the-top. It's scary, to be honest."
Corrupted US tycoons and politicians hide their money in so called tax exempt non-profit foundations that they control their mission, that their friends/children are richly compensated as executives. Most of them are scams like the Clinton Foundation, poster boy of what's wrong. Per Feb 7, 2016 The Economist article:
Over the past 15 years, the Clinton Foundation has raised a staggering sum, close to $2 billion, from corporate titans, foreign governments, political donors and other wealthy entities, according to an investigation by the Washington Post. Many of these donors have multiple agendas in addition to their wish to do good. According to the Washington Post, almost half of the major donors who are backing Ready for Hillary, a lobby group promoting her presidential run this year, as well as nearly half of the so-called bundlers, the fundraisers who solicited and pooled her campaign funds in 2008, have given at least $10,000 to the foundation, directly or indirectly through foundations and companies. Donations from banks and other financial institutions account for the largest share of the foundation’s corporate benefactors. Its perhaps most controversial donors are foreign governments or other foreign entities, such as the governments of Oman and Kuwait, which are by law not allowed to give any form of donation to American politicians running for office.
The number of quits was little changed in February at 3.0 million. The quits rate was 2.1 percent. Over
the month, the number of quits edged up for total private (+107,000) and was little changed for
government. Quits increased in health care and social assistance (+32,000) and decreased in mining and
logging (-8,000). The number of quits edged up in arts, entertainment, and recreation (+10,000) and
edged down in other services (-29,000) and state and local education (-7,000). In the regions, quits
increased in the Midwest.
I have consistently opined that Billary's real problem is accepting foreign money and special interests for their foundation, personal accounts and political campaign.
You need to remove those blinders and try to digest why the under 35 voters, the future of either political parties and our country are voting overwhelming for a little old man from Vermont.
Posted onto the file sharing site PasteBin, most of the speeches texts were innocuous. Clinton spoke glowingly about Goldman Sachs, how much money they make and what a great friend they are to her SuperPAC.
However, one quote from Hillary has drawn particular fire from observers:
“And so I say to you Goldman Sachs, I am on your side. Do not pay attention to the noise of the political season, I will always remember your support and put your priorities first, above all else. Thank you.’
Clinton received $675,000 for three speeches she made to Goldman Sachs in 2013.
“I remember feeling like she worked for us,” said one former Goldman Sachs employee who was at the event in Arizona in October of 2013. “Now she’s telling people what they want to hear so she can get elected. But back then it sounded to us like she was our employee.”
At another speech to Goldman Sachs in New York in 2013, Hillary Clinton spoke about how the banks were not to blame for the financial crisis and that she would make sure that the American people would always bail them out “no matter what.”
“It felt like a generous tongue bath from a loving puppy,” said one person who attended that speech. “I can understand why she wouldn’t want anyone to see the text of these speeches, it makes her look really corrupt.”
Recall the plan was to cut the budget but also raise taxes on income. The obstructionists insisted to cut the budget but no tax increase, even for those nutty tax loopholes and 15% income tax rate for billionaire hedge fund managers in Wall Street.
Stop peering through a funnel. Around here, seems like every business is hiring these days. No need to point out Tesla's expansion of the old Ford/Toyota plant about 15 miles across the bay. I saw hiring banners on the back of UPS a month or so ago. I asked the mail guy why, since UPS has been losing money with diminishing mail volume because of email and competition. The mailman said there are too many people retiring and the higher stamp prices has helped to stop the bleeding. Yes they are hiring, many are from immigrates from the Middle East. Move West. It is indeed sunshine and honey in California compared to the rust belt.
The obstructionists are caught between a rock and hard place. Poetic justice!
In 2012, just 56.5 percent of voting-age Americans cast a ballot, according to the U.S. Census. It’s not because they’re not paying attention to the presidential race. (Good luck trying to avoid it!) When asked by the Census, Americans say they don’t vote because they couldn’t physically get to their polling place, the elderly needed assistance, and registering to vote could be a lot easier.
Boehner and Obama had at one time agreed on a Grand Plan of just that. Unfortunately, the tea baggers refused to negotiate. Ryan is facing the same problem for the 2017 budget.
Folks, I believe the word "Clevelander" comes from the Latin word that means "to have idiotic hope at all time," and don't we ever? We don't have beaches and beautiful weather and sunshine and hot babes roller-skating all over. But we have Cleveland Orenthal Brown, Sr., a family guy.
Consumer spending rises sharply in March
Mar. Gallup US Consumer Spending: $89 vs. $84 in Feb.
This is the highest spending average for the month of March in the last 9 years
Even the right wing pollster:
Friday, April 01, 2016
The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 49% of Likely U.S. Voters approve of President Obama's job performance. Fifty percent (50%) disapprove (see trends).
By we, is global workers.
Recall in the mid-90's, Platt changed the profit sharing plan to bonus plan because productivity went up the roof. We all knew why: because we were shifting more and more manufacturing overseas with average wages in the labor content per unit sold crashed and trending lower.
The solution is more infrastructure jobs worldwide. Read recently that 500 million Indians are living without clean water and reliable electricity. Our very own water supplies through lead pipes, crumbling inner city sewers, outdated healthcare relying on drugs than prevention, ridiculous airport security, ancient power grid, airport traffic controls, rusted bridges ... Led Zepplin singing When The Levee Breaks as during Katrina.