Winning Hearts & Minds

IRS Targets Cancer Survivor for Donations that Saved Her Life

"While the cancer is in remission, Charf is still struggling with the deadly disease – and is now being pursued by an equally deadly and persistent stalker, the Internal Revenue Service. A few weeks ago, the IRS sent Charf – who is now a mother – a notice claiming that the donations that had paid for her treatment were considered income, and demanding more than $15,000 in back taxes and more than $3,500 in penalties." Continue reading →

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30 Years After Saddam Hussein, Now U.S. Bombs Kurds To Smithereens

The Pentagon has admitted to an airstrike that is believed to have killed more than 200 civilians in the northern Iraqi city of Mosul, at the edge of the autonomous Kurdistan region. In the 1980s, Kurdistan was targeted by Saddam … Continue reading →

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Drone Pilots Expose Civilian Murder, U.S. Freezes Their Financial Accounts

"The U.S. Government failed to deter them through threats of criminal prosecution, and clumsy attempts to intimidate their families. Now four former Air Force drone operators-turned-whistleblowers have had their credit cards and bank accounts frozen, according to human rights attorney Jesselyn Radack. Michael Haas, Brandon Bryant, Cian Westmoreland and Stephen Lewis, who served as drone operators in the US Air Force, have gone public with detailed accounts of the widespread corruption and institutionalized indifference to civilian casualties that characterize the program." Continue reading →

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Tax Collectors Grow More Aggressive; Payers Caught in the Middle

"Her Majesty's Revenue & Customs doesn't have enough power, or so the British Parliament is told. HMRC wants to be both judge and jury when it comes to recalcitrant taxpayers. It wants to the ability to 'raid bank accounts' and to do so without a court warrant. What comes across clearly in both the IRS stance and in the requests by the HRMC is a certain level of arrogance that is magnified by modern communication facilities. The pushback against intrusive tax collection is growing, even as agency demands for more power and revenue are expanding as well." Continue reading →

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Dismantle the euro, says Nobel-winning economist who backed it

"A Nobel prize-winning economist will on Thursday withdraw his support for the euro saying it has created a 'lost generation' unemployed youngsters and should be broken up. Sir Christopher Pissarides was once a key proponent of a single currency but will on Thursday accuse the euro of 'dividing Europe' and say action is needed to 'restore the euro’s credibility in international markets' and the 'trust that Europe’s nations once had in each other', according to the Daily Mail. The Cypriot-British economist, who won the Nobel prize in 2010, is speaking days after Christine Lagarde, the head of the International Monetary Fund, insisted the crisis in the eurozone was not yet over." Continue reading →

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Ukraine protests increase risks of currency crisis

"Massive protests against Viktor Yanukovich hammered Ukraine's financial markets on Monday, increasing the risk of a currency crisis as the president tries to hold on until an election in early 2015. Ukraine's debt insurance costs jumped and currency traders increased bets on a devaluation after 350,000 people protested on Sunday against Yanukovich's decision to ditch a trade pact with the European Union. Central bank Governor Ihor Sorkin backed up foreign exchange intervention by vowing to do everything needed to uphold financial stability. In an online video message, he urged savers 'to be confident in the banking system' and not to withdraw their deposits." Continue reading →

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38,000 Australians take ANZ bank to Federal Court over banking fees

"The largest consumer class action in Australian history begins in the Federal Court in Melbourne today as 38,000 ANZ customers appeal over the bank's fees. Law firm Maurice Blackburn is taking the action on behalf of ANZ customers, with the court set to examine whether the fees are fair or whether they are excessive and therefore illegal. A High Court decision last year paved the way for the trial in the Federal Court. Maurice Blackburn has the financial backing of publicly listed litigator IMF. Andrew Watson, the head of class actions at Maurice Blackburn, says the fees are not an accurate reflection of the costs faced by banks when customers are caught out." Continue reading →

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European Parliament votes to suspend US SWIFT data exchange

"The European Parliament has voted to suspend its SWIFT data exchange agreement with the US. They’ve called for US access to the SWIFT database to be halted following concerns that the US is spying on the EU, and not simply trying to combat terrorism. EU lawmakers suspect that the US has abused an agreement giving it limited access to SWIFT. As such, they voted to freeze Washington’s capacity to track international payments through the site. The worry comes after leaked American documents indicating the US was covertly tapping into SWIFT were aired on Brazilian television. The US denies any wrongdoing." Continue reading →

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Why Have So Many Americans Considered Expatriation?

"According to Rasmussen Reports, fully 9% of the U.S. population has considered 'expatriation.' A record number of Americans 'officially' expatriated in the second quarter of 2013—and the real number is probably much higher. The mainstream media says that U.S. citizens give up their citizenship only to avoid paying tax. The fact is, more than 7 million Americans now live abroad. Many of them can no longer hold bank accounts, qualify for a mortgage, or set up a tax-deferred account for retirement or their children's education. They don't leave solely because of taxes—they give up their native son and daughter status because they pretty much have to just to function outside this country." Continue reading →

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California: Two More Cities Chose To End Red Light Camera Use

"Though Redflex made $361,200 from operating the cameras in El Cajon, the city ended up losing $62,000 after ticket revenue was split with state and county governments. Money was not an issue in South Gate which also terminated its contract earlier this month. Officials predicted the program would make $75,763 in profit for the South Gate and $336,319 for Redflex out of the $5 million worth of tickets issued. After ten years, the city council decided to end the program based on public input. Cities have also recently been spooked by the Redflex bribery scandal in Chicago, Illinois that has already cut the Australian firm's profit in half." Continue reading →

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