Debt crisis: France puts brakes on austerity

"Finance Minister Pierre Moscovici said on Friday that France would ask its EU partners and the European Commission for an extra year to cut its public deficit below a targeted 3 percent of GDP, and would outline new savings measures soon. Mr Hollande said his government had brought down the deficit to 4.5 percent in 2012. The European Commission expects a French 2013 deficit of 3.7 percent of GDP. Spending cuts in 2014 would be made in the state budget, local budgets and the social security budget, Hollande said. Mr Hollande said France would continue to try and boost growth through public investment." Continue reading

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Nervous Brussels urges Italy to stick to austerity

"The European Commission has urged any future government in Italy to keep on implementing deficit-cutting measures, despite the fact that over half the electorate voted for anti-austerity parties. 'Last Friday the Italians were speaking quite clearly about debt-reduction commitments as well as a series of other commitments. These Italian commitments remain in force and the commission expects compliance,' commission spokesperson Olivier Bailly said. His comments come after elections in Italy put former comedian Beppe Grillo, who ran on an anti-austerity ticket and has called for a referendum on euro membership, in kingmaker position." Continue reading

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Italian Business Taxpayers Feel ‘Persecuted’

"A nationwide poll of 2,500 businesses by Confedercontribuenti, an association of Italian taxpayers, has found that they are being harassed in their dealings with the country’s complex tax system, which is viewed as extremely complex and persecutory. On average, each company receives about 29 annual alerts regarding its obligations tothe system’s various tax authorities and collectors. Above all, it is calculated that it takes each business an average of about 250 hours per year to resolve the issues raised by the total of 13 different institutions responsible for the Italian tax and social security system." Continue reading

Continue ReadingItalian Business Taxpayers Feel ‘Persecuted’

Australian Gov Now to Seize People’s Live Bank Accts – If ‘Inactive’

"The government will from May 31 be able to transfer all money from accounts that have not been used for three years into their own revenues. Households face losing up to $109 million from their family savings as the Federal government moves to seize cash from inactive bank accounts. After legislation was rushed through parliament, the government will from May 31 be able to transfer all money from accounts that have not been used for three years into their own revenues ... The law is forecast to raise $109 million this year as inactive accounts for three years or more are raided by Treasury. The money can be reclaimed from ASIC but the process can take months." Continue reading

Continue ReadingAustralian Gov Now to Seize People’s Live Bank Accts – If ‘Inactive’

America – Land of the Free?

"A major and fallacious official justification for attacks on financial privacy and on tax havens has been the lie that the war on drugs could be won if we all surrendered our privacy. Over $5 billion in cash and private property has been confiscated by police under forfeiture laws — and in 85% of the cases no charges were brought against the persons from which property was grabbed. In most cases, federal, state and local police kept the loot. In the United States, where illegal drug use is highest, a vast police-prison-government lobby has arisen. It devours about $80 billion a year in taxpayer funds, supposedly to combat drugs. What a costly hoax!" Continue reading

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Aaron Swartz is Dead, Now White House Adjusts Rules

"In what has to be one of the more cynical moves in recent US political history, the White House has announced (see above) that more information freely distributed is better than less information available on via subscription. This turn of events come about six weeks after the death information activist Aaron Swartz, who supposedly killed himself when faced with severe prosecution over the intent to distribute 'non-legal' publicly-funded information to the public. Swartz faced over 30 years of jail time for his 'crime,' and apparently committed suicide over his prosecution, we learn, after all, that such 'laws' are fungible and can be changed." Continue reading

Continue ReadingAaron Swartz is Dead, Now White House Adjusts Rules

Weed Country: Welcome to the Garden

"In a remote wilderness tucked deep inside the border of California and Oregon – known as the Emerald Triangle – marijuana flourishes. Farmers in this area can earn millions in a single summer, but with that kind of reward comes huge risk. Growing marijuana here is a cutthroat business -- where only the best survive. WEED COUNTRY, a new six part series on Discovery Channel premiering Wednesday, February 20, 10|9c, shows the battle between cops, dealers and the growers looking to engineer some of the most powerful marijuana on earth." Continue reading

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FL cops raid home of wheelchair-bound Rx-marijuana activist who’s to have legislation named for her

"Cathy Jordan’s celebrity in the area of medical cannabis, including her conviction that the herb has helped her battle her Lou Gehrig’s disease, does not insulate her from existing marijuana laws. Jordan’s husband, Robert, told the Herald that his Parrish home in Beck Estates on 98th Avenue in Parrish was raided shortly after 2 p.m. Monday by deputies and detectives with the Manatee County Sheriff’s Office drug intervention unit who wore ski masks. No arrests were made Monday but a total of 23 marijuana plants, including two waist-high nearly mature plants that Cathy Jordan uses for her treatment plan, and a crop of seedlings, were confiscated by authorities." Continue reading

Continue ReadingFL cops raid home of wheelchair-bound Rx-marijuana activist who’s to have legislation named for her

Jury Nullification Activist Jailed 145 Days for Distributing Info

"Vietnam Era Veteran, peaceful freedom activist, and local small businessman, Mark Schimdter, has been jailed for 145 days by Judge Belvin Perry. Schmidter’s sentence began Thursday after he was found guilty for distributing jury nullification info outside of Perry’s self-imposed 'free speech zone' during the Casey Anthony trial. Furthermore, the very rule he was found to be in violation of has been overturned." Continue reading

Continue ReadingJury Nullification Activist Jailed 145 Days for Distributing Info

Philadelphia Cop Who Punched Woman On Video Found Not Guilty

"The former Philadelphia Police lieutenant, who was on trial for punching a woman in an incident that was caught on video, has been found not guilty. The verdict was handed down Tuesday morning. It was a bench trial for Jonathan Josey, which means the ruling was solely up to the judge, who deliberated for two weeks. Josey broke down in tears as the courtroom, packed with police officers, erupted in applause." Continue reading

Continue ReadingPhiladelphia Cop Who Punched Woman On Video Found Not Guilty