BREAKING: Rep. Levin says IRS showed “total disreagard” for Congressional oversight in targeting certain groups; “Wholly unacceptable.”

NewsBreaker ?@NewsBreaker1m

BREAKING: GOP Ways and Means chairman sees IRS problem as part of administration `culture of cover-ups.’ – @AP

NewsBreaker ?@NewsBreaker1m

NOW: Rep. Levin says IRS showed “total disreagard” for Congressional oversight in targeting certain groups; “Wholly unacceptable.”

NewsBreaker ?@NewsBreaker4m

‘I count at least 5 serious violations of the taxpayers’ rights’ Chair Camp says to IRS chief pic.twitter.com/l3PmLDehhm

NewsBreaker ?@NewsBreaker13m

NEW: IRS began searching early 2010 for applications named ‘Tea Party,’ ‘Patriots,’ ’9/12,’ and other political titles, per statement

NewsBreaker ?@NewsBreaker23m

WATCH LIVE: [...]

ALERT: 50% chance of X-flares during the next 24 hours!

In only two days, sunspot AR1748 has produced four. The latest X-flare from this active sunspot occured on May 15th at 0152 UT.

NOAA forecasters estimate an 80% chance of M-flares and a 50% chance of X-flares during the next 24 hours.

FLARE 0-24 hr 24-48 hr
CLASS M 80 % 80 %
CLASS X 50 % 50 %

http://spaceweather.com/images2013/15may13/x1_anim.GIF?PHPSESSID=sa97er1o2l3bvdmtlq0m6ed3t5

http://spaceweather.com/

http://www.swpc.noaa.gov/rt_plots/pro_3d.html

http://www.swpc.noaa.gov/rt_plots/xray_1m.html

What If the Biggest Solar Storm on Record Happened Today?
Repeat of 1859 Carrington Event would devastate [...]

Hackers stole $45M in ATM card breach… 1M Driver’s License, Social Security Numbers Accessed in Hacking

NEW YORK (AP) — A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database ofprepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday — and outmoded U.S.card technology may be partly to blame.

http://news.yahoo.com/feds-nyc-hackers-stole-45m-atm-card-breach-155109500.html

 

Over 1M Driver’s License, Social Security Numbers Accessed After State Courts Office Hacked

OLYMPIA, Wash. (AP) — The Washington state Administrative Office of the Courts was hacked sometime between last [...]

DOOM OFF NEWS: S. Koreans returned to ROK, SK make payments demanded by DPRK(13 million$!), but balloon DOOM ON

Latest events:

Yonhap: Remaining 7 S. Koreans at #Kaesong, DPRK to return home today.

Yonhap: KIDMAC, DPRK reach agreement on outstanding Kaesong issues.

MoU confirms return of the last 7 S. Koreans from Kaesong will occur today.

MoU: 7 S. Koreans to return to ROK ~17:30 KST today.

ROK MoU: At same time 7 S. Koreans return from Kaesong, a vehicle from the South will head there to make payments demanded by DPRK.

ROK media reporting [...]

Possible NK military buildup on border, SK workers barred from leaving Kaesong

South Korean Kaesong workers now being prevented from leaving. They were supposed to leave this past hour.

Twitter: Steve Herman ‏@W7VOA 1m
#ROK workers at Kaesong had intended to leave at this hour but no exit permission yet received from #DPRK authorities. #Korea

Twitter: Steve Herman ‏@W7VOA 1m
YTN headline just aired: #DPRK did not approve return of #ROK workers. #Kaesong

Twitter: Steve Herman ‏@W7VOA 4m
Yonhap: #ROK defense ministry says closely watching #DPRK moves near Kaesong [...]

ALERT: 5.3 earthquake, 9km E of Hasaki, Japan. Apr 29 22:01 at epicenter (27m ago, depth 18km)

Twitter: Steve Herman ‏@W7VOA 1m
M5.4 prelim reading on Japan quake near Choshi City.

Twitter: Steve Herman ‏@W7VOA 3m
Quake alert Tokyo.

Event Time

2013-04-29 13:01:42 UTC
2013-04-29 22:01:42 UTC+09:00 at epicenter
2013-04-29 09:01:42 UTC-04:00 system time

Location

35.744°N 140.940°E depth=17.8km (11.0mi)

Nearby Cities

9km (6mi) E of Hasaki, Japan
26km (16mi) E of Asahi, Japan
31km (19mi) ESE of Omigawa, Japan
35km (22mi) E of Yokaichiba, Japan
113km (70mi) E of Tokyo, Japan

http://earthquake.usgs.gov/earthquakes/eventpage/usb000ghg0#summary

BREAKING: Boston Lockdown Lifted! Suspect not found yet though… Public transportation reopened.. Gov. asks everyone to remain vigilant

The New York Times ?@nytimes1m

Breaking News: Boston Suspect Remains at Large; Lockdown Is Lifted http://nyti.ms/Zf40cq 

News10 – California ?@News10_CA2m

UPDATE: Boston suspect not found, Watertown lockdown lifted, extra patrols in place #news10

WLTX – On Your Side ?@WLTX5m

Citywide lockdown in #Boston lifted, but Gov. asks everyone to remain vigilant

CKNW ?@CKNW6m

Mass. Gov. Deval Patrick says city lockdown now lifted in #Boston, city light rail system ‘the T’ also reactivated #BostonMarathon

Amy Guth ?@amyguth5m

Massachusetts Governor: Boston lockdown lifted, public transportation reopened.

Boston [...]

Queen gets £5m a year payrise!

The annual cost to the taxpayer of supporting the Queen is rising by £5m, following changes to the way the monarch’s role is funded.

The Sovereign Grant, used to fund a number of official royal duties, pay staff and maintain palaces, has been set at £36.1m for 2013/14.

The figure is up from the £31m received the previous year, which included an extra £1m for the Diamond Jubilee.

Buckingham Palace said spending [...]

Retired man loses his $1m in life savings over night as Cyprus Bank goes bankrupt and unable to repay depositors

”Very bad, very, very bad,” says 65-year-old John Demetriou, rubbing tears from his lined face with thick fingers. ”I lost all my money.”

John now lives in the picturesque fishing village of Liopetri on Cyprus’ south coast. But for 35 years he lived at Bondi Junction and worked days, nights and weekends in Sydney markets selling jewellery and imitation jewellery.

He had left Cyprus in the early 1970s at the height of [...]

N.Y. bill would force gun owners to buy at least $1M in insurance

Jessica Chasmer
The Washington Times
February 20, 2013

A bill introduced in the New York State Assembly by Assemblyman Felix Ortiz, a Democrat, would require the state’s residents to acquire liability insurance as a condition for gun ownership.

“Any person in this state who shall own a firearm shall, prior to such ownership, obtain and continuously maintain a policy of liability insurance in an amount not less than one million dollars specifically covering any [...]

CHANCE OF X-FLARES: AR1654 now classified as a ‘beta-gamma-delta’ magnetic field

CHANCE OF X-FLARES: An X-flare could be in the offing. The magnetic field of big sunspot AR1654 is growing more complex. It is now classified as a ‘beta-gamma-delta’ magnetic field, which means it harbors energy for X-class eruptions

http://spaceweather.com/

http://www.swpc.noaa.gov/rt_plots/xray_1m.html

 

“scientists also note that the sunspot stretches approximately 112,000 miles – the equivalent of 14 Earth diameters stretched from end to end, according to WND.”

“NASA has warned that if a massive solar flare directly hits [...]

Large AR 1654 rotating into direct Earth view, C8 solar flare generated

Large AR 1654 is rotating into more geoeffective position. This large group consists of two main cores, in which the leader spot appears to be the most complex. Also, a new line of sunspots looks to be forming within the center of the cluster. The two dark cores, connected by a canopy of strong magnetic fields, are each big enough to swallow Earth four times over

Sunspot 1654 produced a long [...]

Solar activity begins picking up with an M1.2 flare earlier today. AR 1654 still turning towards earth.

“A significant flare from the active region would seem to be just a matter of time. AR1654 is slowly turning toward Earth, so the chance of an Earth-directed explosion is growing as well.”

http://spaceweather.com/

http://www.swpc.noaa.gov/rt_plots/xray_1m.html

Updated at: 2013 Jan 10 2200 UTC
FLARE 0-24 hr 24-48 hr
CLASS M 50 % 50 %
CLASS X 05 % 05 %

 

“Large AR 1654 is rotating into more geoeffective position. This large group consists of two main cores, in [...]

Brent Cook: How to Turn Rock into Money

Brent Cook: How to Turn Rock into Money

Source: Brian Sylvester of The Gold Report (1/4/13)

What if the shockingly low valuations of some junior mining companies are really all they’re worth? As the market shakes off years of exuberance, Brent Cook, co-editor of the Exploration Insights newsletter, searches for the truly undervalued—finds as rare as gold itself. In this interview with The Gold Report, Cook talks about high-margin deposits [...]

REPORT: Tax terms locked

·         Permanent extension of current rates on income below $400k (singles) and $450k (married).

·         Permanent 15% rate on cap gains and dividends for income below $400k (single), $450k (married).

·         Permanent 20% capital gains & dividends for those above $400k (single), $450k (married).

·         Permanent death tax at $5M exemption but a 40% Rate (as of tomorrow, exemption would be on estates valued at $1m at a 55% rate)

·         Permanent AMT patch

·         One year extension of 50% Bonus [...]

Boehner : Obama Approves Plan B Or Is Responsible For The Largest Tax Hike In US!!!

House Speaker John A. Boehner said Wednesday that the House will pass his bill that would raise taxes on millionaires but extend tax cuts for everyone else, and said it’s then up to President Obama to either accept that plan or be responsible for a tax increase on everyone.

Read more: http://www.washingtontimes.com/blog/inside-politics/2012/dec/19/boehner-obama-will-be-responsible-largest-tax-incr/#ixzz2FX3amOd0

 

Boehner Headlines: Move To “Plan B”

BOEHNER SAID TO BE MOVING TO `PLAN B’ ON FISCAL CLIFF
BOEHNER SAID TO PLAN BILL WITH [...]

Daily Pfennig: International investors begin to move away from the US$…

from caseyresearch:

International investors begin to move away from the US$…

Good day. I made it through a busy Monday yesterday as we deal with being a few people short on the desk this week.  The phones were busy as they typically are on a Monday morning, and Mike mentioned that there must have been a full moon as we dealt with some unusual customer requests.  It certainly made for a wild [...]

A Deal It’s Not Near!!! Boehner Said to be Moving to `plan B’ on Fiscal Cliff!!!

Boehner Headlines

BOEHNER SAID TO BE MOVING TO `PLAN B’ ON FISCAL CLIFF
BOEHNER SAID TO PLAN BILL WITH TAX HIKES ON INCOME OVER $1M
BOEHNER SAID TO CONTINUE NEGOTIATIONS WITH PRESIDENT OBAMA
HOUSE LEADERSHIP TO START WHIPPING VOTES ON “PROBABLY THREE DIFFERENT SCENARIOS” ON TAXES TODAY.

http://www.zerohedge.com/news/2012-12-18/boehner-headlines

House Speaker John Boehner plans to introduce a bill on the House floor that would include tax increases on incomes above $1 million, Politico is reporting.

Boehner will tell [...]

Feds gave battery firm $1M on day of bankruptcy filing

Electric car battery maker A123 Systems, now in Chapter 11 bankruptcy, has gotten more than $133 million from the government, and Energy Department says it still may get tens of millions more.

12:27AM EST November 17. 2012 – Electric car battery maker A123 Systems received a $946,830 check from the U.S. Energy Department on the day it filed for Chapter 11 bankruptcy last month — providing more ammunition for critics who [...]

Barclays faces $470m fine for electricity market manipulation

The US Federal Energy Regulatory Commission (FERC) has provisionally fined Barclays a total of $435m and ordered the bank to repay $34.9m in “unjust profits” as it accused the lender of engaging in a “coordinated scheme to manipulate trading at four electricity trading points in the Western United States”.

Four Barclays traders were named by the authorities and fined a total of $18m for taking part in the alleged scheme.

Scott Connelly, managing director [...]

Spending on White House dinners soars under Obama. $4,700 per person at $1M dinner with Beyonce

President Obama has spent far more lavishly on White House state dinners than previous chief executives, including nearly $1 million on a 2010 dinner for Mexico’s president, according to documents obtained by The Washington Examiner.

Presidents have long used formal dinners to court foreign heads of state and to dish out fine food and wine to reward political, financial and show business celebrities and supporters.

But current and former government officials said the documents obtained by The Examiner point to [...]

On an $80 billion portfolio of swaps, a 1-basis-point move on one-month, U.S. dollar Libor could benefit a trader by about $667,000, according to data compiled by Bloomberg.

If the Barclays e-mails are any indication, the right submission could at least earn an employee a cup of coffee from grateful traders.

“If it’s not too late, low 1m and 3m would be nice,” a Barclays trader wrote to a Libor submitter in an April 7, 2006, e-mail released by the FSA. “Coffees will be coming your way either way, just to say thank you for your help in the [...]

Never mind the leather interior – this $200,000 Ferrari has a leather EXTERIOR

Leather interiors are a given in many supercars but one wealthy owner of a £135,000 Ferrari has taken the luxury a step further by having his vehicle wrapped in leather

Picture: http://i.dailymail.co.uk/i/pix/2012/07/12/article-2172622-1407A8A3000005DC-13_964x668.jpg

Luxury car customisation specialists Dartz were commissioned by an anonymous client based on the French Riviera to give a Ferrari F430 a black leather finish.

The Latvian company were open to the challenge having previously made headlines for creating a £1m bulletproof SUV [...]

Businessman fights AT&T over $1M phone bill… and WINS

Massachusetts businessman Michael Smith is suing AT&T over a $1million phone bill for dozens of phone call he never made.

Mr Smith says that during one weekend in 2009, phone hackers used his phone system to make hundreds of calls to Somalia.

AT&T sued him for the $891,470 calls plus interest, but have since dropped their claim – if he drops his counter-suit.

The telecommunications company said in a statement Monday it is [...]

Hackers steal BMWs in 3 minutes using security loophole

There has been an unusual spike in the number of BMWs stolen in the UK this year, with some sources suggesting the number may be 300 cars or higher. The cars are being stolen without activating car alarms or immobilizers.

The suspected method involves the use of devices that plug into the car’s OBD port and can program blank key fobs, leaving owners with keys to missing cars.

The essential theft process [...]

5 Dead, Millions Go Powerless in DC area

WASHINGTON – The storms that ravaged the WTOP listening area Friday night have left more than a million customers without electricity and five dead as crews clear roads, try to restore power and brace for another round of storms Saturday night.

The governments of Virginia and D.C. have declared a state of emergency. President Barack Obama called the governors of Maryland and Virginia offering federal assistance.

Powerless

A Pepco spokesman says there are [...]

A new nightmare on Wall Street? U.S. banks face criminal probe into global interest rate-fixing scheme as Barclays blows the whistle on America’s financial giants

Some of America’s top banks are set to be dragged into a major criminal investigation of a global interest rate-fixing scandal about to engulf some of Wall Street’s biggest institutions.

The worldwide probe centres on claims traders at Barclays colluded with rival banks to keep interest rates at levels to their benefit.

Barclays agreed to pay a whopping $453million in fines to the U.S. Justice Department and the UK’s Financial Services Authority.

But it [...]

NO CLOONEY: OBAMA ONLY RAISES $1M WITH RICKY MARTIN

President Obama and singer Ricky Martin bonded at a fundraiser today in New York over their mutual support for gay marriage.

“We admire his courage, like the courage he showed last week in affirming his belief in marriage equality,” the pooler quotes Martin, an openly-gay musician famous for hits such as “Livin’ la vida loca,” as saying when he introduced Obama at a fundraiser today. “That is the kind of courage [...]

Missing Isabel’s brothers removed from father’s care as it is revealed police spent $1m searching for six-year-old in three weeks

Child Protective Services removed Julian and Sergio Celis and placed them with their mother

Six-year-old Isabel vanished from home on April 21
Probe into disappearance has cost more than $1million

 

Child Protective Services removed the two older brothers of missing six-year-old Tuscon girl Isabel Celis from the care of their father Sergio on Friday after a consultation with police.

Julian and Sergio, aged 10 and 14 respectively, are now in the exclusive custody of [...]

Derivatives trading: a day in the life

We are meeting in Lombard One, a restaurant in the heart of the City popular with financial types where a beer goes for £4.50. He is a confident man in his early 30s, the son of south-east Asian immigrants who now works as a derivatives trader, at director level. It’s around 6.30pm and he orders a beer.

“Why trading? I read maths in university, and I love the beauty of it. [...]

The ultimate frequent flyer: Air passenger who bought ‘unlimited’ American Airlines ticket 20 years ago clocks up 38 MILLION miles

Jack Vroom has completed enough flights to circumnavigate the world 1,600 times
American Airlines remove his ‘unlimited’ pass after realising it costs them $1m a year

An air passenger has staked a claim as the ultimate frequent flyer – after clocking up a staggering 38 million airmiles.

Jack Vroom made a long term investment in 1989 when he snapped up a lifetime, first class travel ticket for any global route from American Airlines [...]

Wealthy French eye move across the Channel

From FT:

 

Wealthy French people are looking to London as a refuge from fresh taxes on high earners pledged by candidates in the country’s presidential elections.

The “soak the rich” rhetoric that has punctuated the presidential campaign has prompted a sharp rise in the numbers weighing a move across the Channel, according to London-based wealth managers, lawyers and property agents specialising in French clients.

More video

François Hollande, the Socialist candidate who leads the presidential [...]

Goldman Sachs delays £418m tax bill

There’s tax avoidance, tax evasion and, according to Goldman Sachs boss Lord Blankfein, now there’s tax deferral.

 

The London arm of the great vampire squid paid only £4.1m in corporation tax to the Treasury last year. Despite pocketing £1.9bn in pre-tax profits.

Lord Blankfein’s investment bank received a tax bill of £422.3m for 2011 but has put off paying 99pc of it until next year.

Just to put that in context that’s 38pc [...]

SAMSUNG eats APPLE, now world’s top mobile phone maker

After years of playing second fiddle, Samsung has finally stolen Nokia’s crown as the world’s biggest seller of mobile phones and left Apple’s iPhone trailing in its wake.

Samsung overtook Nokia as the world’s top handset maker for the first time in the first quarter.

The Korean electronics giant saw sales of its handsets surge in the first three months of the year, helping to knock the beleaguered Finnish mobile company from [...]

‘It still just hasn’t sunk in’: Woman wins $1m lottery TWICE after buying tickets on same day

A woman matched the winning numbers on two lottery tickets she bought on the same day earning her $1million for each.

Virginia Fike, 44, of Clarke County, Virginia, had purchased two Powerball tickets on April 7 that were the winners of $1million prizes each.

After she bought the tickets at the OldeStone Truck Stop & Restaurant, Ms Fike learned that both of them contained the same five winning numbers – 5-13-17-20-30.

Luck: Virginia [...]