Tuesday, Jan 27th
Last update11:15:14 PM GMT
Some wealthy clients of UBS AG are coming forward to make amends with U.S. tax authorities after a former UBS private banker was indicted, a sign that U.S. efforts to battle offshore tax evasion are having the desired effect.
TVNL Comment: Hey, can the rest of get in on this? Can us ordinary folks avoid taxes and than ask for amnesty? Just asking.
The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago.
The unprecedented pledge of funds includes $2.8 trillion already tapped by financial institutions in the biggest response to an economic emergency since the New Deal of the 1930s, according to data compiled by Bloomberg. The commitment dwarfs the only plan approved by lawmakers, the Treasury Department’s $700 billion Troubled Asset Relief Program. Federal Reserve lending last week was 1,900 times the weekly average for the three years before the crisis.
TVNL Comment: First of all the "Fed" is not government. What they are doing is stealing the money of the next ten generations! The only way to stop this is to end the Fed.
Maliki is among tens of thousands of Iraqis for whom justice is a delusory buzz-word of a departing occupation. As the US prepares to withdraw its combat troops from most towns and villages by the middle of next year, the rule of law remains unenforceable throughout all layers of the nascent state it will leave behind.Rich governments and corporations are triggering alarm for the poor as they buy up the rights to millions of hectares of agricultural land in developing countries in an effort to secure their own long-term food supplies.
The head of the UN Food and Agriculture Organisation, Jacques Diouf, has warned that the controversial rise in land deals could create a form of "neo-colonialism", with poor states producing food for the rich at the expense of their own hungry people.
City officials have ordered 22 New York churches to stop providing beds to homeless people.
With temperatures well below freezing early Saturday, the churches must obey a city rule requiring faith-based shelters to be open at least five days a week -- or not at all.
Arnold Cohen, president of the Partnership for the Homeless, a nonprofit that serves as a link with the city, said he had to tell the churches they no longer qualify.
He said hundreds of people now won't have a place to sleep.
Former Gov. Jesse Ventura went on the Hannity & Colmes show and does not shy away from discussing the hard issues. He questions the official 9-11 story and takes them to task for being corporate hacks.
Physical inactivity or lack of exercise may dramatically increase risk of breast cancer, according to a new report published in the Dec 2008 issue of Cancer Causes and Control.
The report by Coyle Y.M at the University of Texas Southwestern Medical Center in Dallas, TX says exercise lowers estrogen levels that if high would cause a higher risk of breast cancer.
Earlier this month, a guest took the pulpit at Open Bible Fellowship in Morrison, Ill., a 350-member church surrounded by cornfields. The speaker was an insurance salesman from Colorado named Ted Haggard.
The former superstar pastor, disgraced two years ago in a sex-and-drugs scandal, had returned - this time as a Christian businessman.
The AP analysis found that Medicaid paid nearly $198 million from 2004 to 2007 for more than 100 unapproved drugs, mostly for common conditions such as colds and pain. Data for 2008 were not available but unapproved drugs still are being sold. The AP checked the medications against FDA databases, using agency guidelines to determine if they were unapproved. The FDA says there may be thousands of such drugs on the market.
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