Community organizers train to enroll the masses in Obamacare

“Their work is key to the success of the new law in its first year, when the Obama administration seeks to enroll as many as 7 million people, including 2.7 million young and healthy people who are cheaper to insure, for 2014. Oregon and Vermont have already begun training their enrollment advisers, while Connecticut and Washington are just starting up and other states, including Illinois and New York, will commence later this summer. The playbook for these ambassadors focuses on two main points: First, tell people how they will benefit from Obamacare; second, stay away from divisive political talk.” Continue reading

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Switzerland pays billions to foreign governments in tax deal

“The Swiss finance ministry said that Britain had received a payment of 372 million francs, and Austria, 515 million. A ministry spokesman said the payments were just the first in a series of monthly instalments running until June 2014. Under bilateral deals with Britain and Austria, Switzerland has offered two options to people who fail to declare money placed in Swiss banks. They can either turn themselves in to their homeland’s revenue services, or have their accounts taxed by the Swiss, who then transfer the funds without naming the clients. It was under the latter system that Switzerland handed over the sums revealed on Thursday.” Continue reading

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Luxury private taxi app Uber launches in Zurich

“Uber produces an app which allows customers to book rides with limousine companies and private drivers using their mobile phone. Offering an alternative to taxis, the company claims to have hooked up thousands of drivers with thousands of customers using iPhone and Android technology. According to Liz Spengler of the Taxiverband Zurich, ‘The taxi industry in Zurich is unhappy with the launch of Uber. We feel that customers will probably be deceived by the dishonest competition; the drivers charge will far too much and probably earn very little; and, on top of that, the taxi and limousine market here is already saturated.'” Continue reading

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San Francisco Taxis Promote Bitcoins

“In times when the US financial authorities are leaving no stones unturned in sacking Bitcoin transactions, some of the 375 taxis in San Francisco are now promoting the currency, and quite effectively. The new campaign can now be seen on the streets of San Francisco in which the taxis are playing a ‘We use coins’ promotion video. Among the 375 taxis, 75 of them are also featuring a still-image monitor. Bitcoin forum member Dadj explained that how they were looking for local companies interested in accepting bitcoins in their business transaction, to put their advertisement on the still-image monitors in the taxis.” Continue reading

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DetroitCoin: Why we should make Detroit into a Bitcoin Hub

“For one, it’s got nothing to lose. By now Detroiters should be sick of being pumped and dumped by the financial system. Detroit desperately needs to diversify its economy. Detroit and its neighbor, Windsor, form North America’s largest cross-border conurbation. It’s the ideal location for taking advantage of bitcoin’s frictionless, cross border transactions. Assets are selling like hotcakes in Detroit and lower costs mean less risk for the kind of entrepreneurs that are already starting to turn Detroit into a lab for innovation. Detroit is already the birthplace of two bitcoin exchanges. Coincidence? No. The solutions come from the people with the pain.” Continue reading

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Paul Kemp-Robertson: Bitcoin. Sweat. Tide. Meet the future of branded currency.

“Currency — the bills and coins you carry in your wallet and in your bank account — is founded on marketing, on the belief that banks and governments are trustworthy. Now, Paul Kemp-Robertson walks us through a new generation of currency, supported by that same marketing … but on behalf of a private brand. From Nike Sweat Points to bottles of Tide (which are finding an unexpected use in illegal markets), meet the non-bank future of currencies.” Continue reading

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Ex-IMF Chief Dominique Strauss-Kahn charged with pimping

“Former IMF head Dominique Strauss-Kahn will be tried on charges of pimping, prosecutors said on Friday, capping an inquiry into sex parties attended by a man whose French presidential hopes were dashed by a separate 2011 U.S. sex scandal. The decision came as a surprise after a public prosecutor had recommended in June that the inquiry be dropped without trial. The so-called Carlton affair, named after a hotel in Lille, involves sex parties that Strauss-Kahn has acknowledged attending. He says he was unaware that the women who participated were prostitutes.” Continue reading

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