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Archived News
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Sunday January 10th, 2010
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IRS powers massively expanded under health care bills
posted 01/10/2010, 7:25 PM (USA Today)
[Category: Politics/Corruption]
 Internal Revenue Service agents already try to catch tax cheats and moonshiners. Under the proposed health care legislation, they would get another assignment: checking to see whether Americans have health insurance.
The legislation would require most Americans to have health insurance and to prove it on their federal tax returns. Those who don't would pay a penalty to the IRS.
That's one of several key duties the IRS would assume under the bills that have been approved by the House of Representatives and Senate and will be merged by negotiators from both chambers.
The agency also would distribute as much as $140 billion a year in new government subsidies to help small employers and as many as 19 million lower-income people buy coverage.
In addition, the IRS would collect hundreds of billions of dollars in new fees on employers, drug companies and device makers, according to the non-partisan Congressional Budget Office (CBO).
Some critics of the health bill question whether the IRS, which has struggled in recent years with budget problems, staffing shortages and outdated computer systems, will be up to the job of enforcing the mandate and efficiently handling the subsidies.
"It's hard to see how the IRS could take on the huge responsibility it would be given under pending health care legislation without some real glitches, or worse," said Sen. Chuck Grassley of Iowa, the top Republican on the Senate Finance Committee. He voted against the bill, as did every other Republican senator.
The CBO estimated the IRS would need $5 billion to $10 billion in the first decade to cover the costs of its expanded role. The IRS' annual budget is currently $11.5 billion.
Neither the House nor Senate bill includes funding for the IRS, but money could be added by House and Senate negotiators.
The IRS already has trouble meeting its primary duty: collec... (more)ADDED RESPONSIBILITIES
Under the current versions of the health care bills, the IRS would oversee:
• Subsidies for low-income people purchasing health insurance through newly created state exchanges.
• Small-business tax credits to provide insurance to employees,
• Enforcement of mandate that all U.S. citizens and legal residents have insurance.
• Penalties on employers for not providing affordable coverage if any of their employees get subsidies under the new insurance exchanges.
• A tax on insurers that provide high-cost "Cadillac" insurance benefits.
• Penalties for improper distributions from Health Savings Accounts, which would increase under the legislation.
• Contributions to Flexible Savings Accounts, which would be limited.
• New requirements for non-profit hospitals to prove their charitable missions, such as doing a "community needs assessment" once every three years.
• Taxes on pharmaceutical companies, medical device companies and health insurance providers.
Source: Kaiser Health News |
The Capitalist Conspiracy: An Inside View Of International Banking
posted 01/10/2010, 7:32 PM (G. Edward Griffin)
[Category: Economy]
Edward Griffin - The Capitalist Conspiracy: An Inside view of International Banking
Written and narrated by G. Edward Griffin
(1960's) An old film, made sometime in the 60's.
This is an adaptation of a documentary... (more)The IRS is a criminal organization which is not part of the US Government, it is a private criminal extortion racket set up to rob the American people on behalf of criminal foreign bankers including the Rockefellers and the Rothschilds. This film from 50 years ago explains the real history of money and how it is quite possibly the biggest scam of all time. - IL
"Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money."
- Sir Josiah Stamp, Director of the Bank of England (in the 1920s); reputed to be the 2nd wealthiest man in England at that time. |
Monckton: The 'global warming' scam -- a crime against humanity
posted 01/10/2010, 7:18 PM (The SPPI Blog)
[Category: Commentary]
* I wrote this article at the request of a leading opinion journal in Australia, where I shall be on a speaking tour for three weeks from mid-January.
Crime against humanity. Not a moderate phrase, that. The usual penalty for crimes against humanity, as dictators from Mussolini to Saddam Hussein have found out to their cost, is execution.
Yet Dr. James Hansen, a paid senior citizen working for an agency of the United States Government that has profited mightily from... (more) |
The greatest threat of the 21st century: not AGW but Eco-Fascism
posted 01/10/2010, 7:18 PM (The Telegraph)
[Category: Commentary]
 As you freeze your butt off in a winter whose severity the politicised weather forecasters of the Met Office utterly failed to predict, and as you wonder how you can afford gas and electricity bills which have been grotesquely inflated by taxes and legislation designed to “combat global warming”, spare a thought for a fellow victim of eco-fascism who’s even worse off than you. In a week or so this poor man could be dead.
His name is Peter Spencer, he’s a farmer in New South Wales... (more) |
Geithner's Fed told AIG to hide "backdoor bailout"
posted 01/10/2010, 7:17 PM (Homeland Stupidity)
[Category: Politics/Corruption]
The Federal Reserve Bank of New York, during its $180 billion bailout of American International Group, Inc., instructed AIG to omit details of its purchase of certain toxic assets from a December 24, 2008, Securities and Exchange Commission filing, according to e-mails between the company and the Fed released Thursday.
Using bailout money provided by the Fed, AIG paid a number of banks 100 percent of the face value of credit-default swaps, contracts tied to subprime home loans... (more) |
Now Mobile Devices Will Scan Your Naked Body On The Streets
posted 01/10/2010, 7:16 PM (Infowars)
[Category: Big Brother/Orwellian]
 Naked body scanners are being readied to go mobile and scan you on the street, at football games and any other event where masses of people are congregated, according to a leaked paper written by Dutch authorities.
As we have been warning all along, the tyranny now being metered out at airports was always intended to be rolled out onto the streets, with mobile metal detectors already being stationed at various transport hubs in the UK in the name of stopping knife crime.
... (more) |
9/11 commission chairman says would-be plane bomber ‘did us a favor’
posted 01/10/2010, 7:16 PM (Raw Story)
[Category: Politics/Corruption]
 The Republican chairman of the Bush Administration's 9/11 Commission declared Sunday that the would-be-terrorist who tried to blow up a plane en route to Detroit "probably did us a favor."
The GOP chairman's quote raised eyebrows; by his logic, the Sept. 11, 2001 attackers may also have "done us a favor" by drawing US attention to extremism in Afghanistan.
Thomas Kean, a former governor of New Jersey, made the remarks on CNN's State of the Union Sunday talk show.... (more) |
'Grey goo' food laced with nanoparticles could swamp Britain
posted 01/10/2010, 7:18 PM (The Daily Mail)
[Category: Health]
Britain is on the brink of a massive expansion in foods containing controversial 'grey goo' nanoparticles, according to the former head of the Food Standards Agency.
Low-calorie chocolate and beer that doesn't go flat could be on sale within just five years, Lord Krebs said last night.
However, he and other peers believe there will be no requirement for the hi-tech products to be labelled as containing nanoparticles - microscopic compounds that can worm their way in... (more) |
Swine flu: Ministers 'preparing to offload millions of unwanted vaccines'
posted 01/10/2010, 7:16 PM (The Telegraph)
[Category: Politics/Corruption]
Millions of pounds could be wasted if the Government is unable to get out of orders for the vaccine it has placed with GlaxoSmithKline (GSK), the pharmaceutical giant.
Officials confirmed that they are considering a number of options, including attempting to sell or give away millions of the vaccines.
They also considering whether to stand down the National Pandemic Flu Service, the network of call centres which diagnose swine flu and hand out antiviral medications... (more)What a massive victory humanity has had over the globalists over this swine flu scam, the tide is finally changing. |
Lawsuit: Goldman Sachs bonuses bigger than its earnings
posted 01/10/2010, 7:13 PM (Raw Story)
[Category: Politics/Corruption]
A lawsuit filed against investment bank Goldman Sachs by a shareholder alleges that the company spent more money on corporate bonuses than it earned in 2008.
Shareholder Ken Brown's lawsuit is one of two suits filed against the company this week over its controversial decision to hand out billions of dollars in bonuses even after it was accused of playing a central role in the financial collapse of 2008 and receiving $10 billion in direct aid from the US government.
... (more) |
Re-branded Blackwater bids for Afghan deal
posted 01/10/2010, 7:13 PM (MSNBC)
[Category: Politics/Corruption]
WASHINGTON - Blackwater Worldwide's legal woes haven't dimmed the company's prospects in Afghanistan, where it's a contender to be a key part of President Barack Obama's strategy for stabilizing the country.
Now called Xe Services, the company is in the running for a Pentagon contract potentially worth $1 billion to train Afghanistan's troubled national police force. Xe has been shifting to training, aviation and logistics work after its security guards were accused of killing una... (more) |
Hiroshima and Nagasaki survivor dies aged 93
posted 01/10/2010, 7:13 PM (The Guardian)
[Category: History]
 Tsutomu Yamaguchi witnessed at close hand the nuclear devastation of two Japanese cities, and lived to tell the tale. Now it will be left to others to tell his incredible story after his death this week at 93.
Yamaguchi, the only person officially recognised as a survivor of the atomic bombings of Hiroshima and Nagasaki, died on Monday of stomach cancer at a hospital in Nagasaki, his family said today.
The mayor of Nagasaki said "a precious storyteller has been lost... (more) |
US fears double-dip recession with rising job losses
posted 01/10/2010, 7:12 PM (The Guardian)
[Category: Economy]
Fears of a double-dip recession in the world's biggest economy were heightened today when Washington announced that the US shed 85,000 jobs last month.
Dashing hopes that America was pulling smoothly out of its toughest postwar economic setback, the commerce department revealed that the expected pre-Christmas hiring spree had failed to materialise.
Wall Street had been expecting fresh evidence that low interest rates and higher government spending were bringing a ha... (more) |
There Is NO Economic Recovery Happening
posted 01/10/2010, 7:12 PM (Market Ticker)
[Category: Economy]
Look folks, this is really quite simple.
Economic Stability and Recovery = Credit Expansion.
We cannot recover until we purge the excess debt from the system, and the longer we take to do that, the longer the pain will last and the worse it will be.
President Obama and Tim Geithner know this - that's why they are constantly harping on banks to "lend more."
Well, they may want banks to lend more but the people are fed up with being debt ... (more) |
New Hampshire Makes to Outlaw Federal Agents?
posted 01/10/2010, 7:12 PM (Canada Free Press)
[Category: Resistance]
Imagine a state law that says that any federal agent that comes into said state and runs afoul of a new state law should be considered a felon! Well, that is what New Hampshire is about to do if HB1285 passes during the coming 2010 legislative session.
HB1285 is another one of those laws that exempts all firearms and firearms accessories that are made in a state from certain federal restricti... (more) |
Myleene Klass warned after brandishing knife to deter intruders
posted 01/10/2010, 7:12 PM (The Guardian)
[Category: Tyranny/Police State]
 The TV presenter and Marks & Spencer model Myleene Klass has been warned by police for waving a knife at teenagers who were peering into a window of her house late at night.
Klass was in the kitchen with her daughter upstairs when she spotted the youths in her garden just after midnight on Friday. She grabbed a knife and banged the windows before they ran away.
Hertfordshire police warned her she should not have used a knife to scare off the youths because carrying ... (more) |
Horizon Bank first U.S. bank failure of 2010
posted 01/10/2010, 7:11 PM (Reuters)
[Category: Economy]
WASHINGTON, Jan 8 (Reuters) - U.S. regulators closed Horizon Bank (HRZB.O) of Bellingham, Washington, on Friday, kicking off what has been forecast as a peak year for small bank failures.
The Federal Deposit Insurance Corp said Horizon Bank had approximately $1.3 billion in total assets and $1.1 billion in total deposits as Sept. 30.
Friday's bank failure is expected to cost the FDIC's insurance fund a total of $539.1 million.
The 18 branches of Ho... (more)Maybe like global warming being the cause of freezing temperatures they will say this is a sign of economic recovery. |
Cocaine Vaccine Leads Addicts to Take 10 Times More Cocaine
posted 01/10/2010, 7:09 PM (Popular Science)
[Category: Brave New World]
 Over the last decade, the advances in neuroscience that led doctors to view addiction as a disease, rather than a desire or personal failing, raised the natural question of whether or not addicts could be vaccinated against drug use as if it were a virus. While the theory remains valid, the recent clinical trial of one of those vaccines, called TA-CD, highlights the complexity of the issue.
TA-CD works by preventing cocaine from entering the brain, thus stopping the user from gett... (more) |
Privacy activists score victories against more detailed body scanners at airports
posted 01/10/2010, 7:09 PM (Chicago Tribune)
[Category: Big Brother/Orwellian]
WASHINGTON — - The government has promised more and better security at airports after the near-disaster Christmas Day, but privacy advocates are not prepared to accept the use of full-body scanners as the routine screening system at the nation's airports.
"We don't need to look at naked 8-year-olds and grandmothers to secure airplanes," Rep. Jason Chaffetz, R-Utah, said Friday. "Are we really going to subject 2 million people per day to that? I think it's a false argument to say w... (more)A friend of my brother's (who doesn't know much) was told to go into one of these machines and he intrinsically flat out refused, they "patted him down" (aka molested him) instead. |
Whole-body airport scanners are basically safe—or are they?
posted 01/10/2010, 7:09 PM (DiagnosticImaging.com)
[Category: Brave New World]
Since the attempted explosion of an airliner as it was landing in Detroit on Christmas Day by an alleged terrorist from Nigeria, global air safety experts have been scrambling to enact new safety measures. A quick answer has come in the form of whole-body scanners that use low-level radiation to allow screeners to see through clothing to identify hidden weapons or explosives.
These things have been around for a while, but, outside of a few pilot locations, haven’t really gained ... (more)There is no "safe level" of radiation, you're either in a natural healthy state or you're being radiated. |
Was Maurice Vellacott right about abortion?
posted 01/10/2010, 7:09 PM (The Globe and Mail)
[Category: Brave New World]
Conservative MP Maurice Vellacott issued a release this week to say he had been vindicated by the National Cancer Institute for making the controversial claim that there is a link between induced abortion and breast cancer.
And Mr. Vellacott may be right.
Three years ago, the Saskatchewan MP helped to bring an American doctor and activist to Parliament Hill to tell Canadian women that abortion increases the risk of breast cancer. It turned out that the doctor, Ang... (more) |
Chinese enslave addicts in 'rehab centres'
posted 01/10/2010, 7:09 PM (Scotsman)
[Category: Tyranny/Police State]
FU LIXIN, emotionally exhausted from caring for her sick mother, needed a little pick-me-up. A friend offered her a "special cigarette" – one laced with methamphetamine – and she happily inhaled.
The next day, three policemen showed up at her door. "They asked me to urinate in a cup," Fu said. "My friend had been arrested and turned me in. It was a drug test. I failed on the spot."
Although she said it was her first time smoking the drug, Fu, 41, was sent to one of China's ... (more) |
Use of potentially harmful chemicals kept secret under law
posted 01/10/2010, 7:09 PM (Washington Post)
[Category: Health]
Of the 84,000 chemicals in commercial use in the United States -- from flame retardants in furniture to household cleaners -- nearly 20 percent are secret, according to the Environmental Protection Agency, their names and physical properties guarded from consumers and virtually all public officials under a little-known federal provision.
The policy was designed 33 years ago to protect trade secrets in a highly competitive industry. But critics -- including the Obama administration... (more) |
Russia Bans U.S. Poultry Over Chlorine
posted 01/10/2010, 7:08 PM (Food Safety News)
[Category: Health]
With as much as 30,000 tons of American poultry in the pipeline to Russia, the government in Moscow imposed a ban on future U.S. poultry imports on New Year's Day.
Russia joins the European Union in prohibiting the use of chlorine as an anti-microbial treatment in poultry production, which is commonly used in the United States.
As for birds in the pipeline, USA Poultry and Egg Export Council President Jim Summers said he thinks based on earlier assurances from the R... (more) |
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