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Tucked inside the “fiscal cliff” deal is a provision repealing the CLASS Act, a giant unfunded mandate that was part of President Obama’s health care law. The Community Living Assistance Services and Supports program was a priority of the late Sen. Edward M. Kennedy, Massachusetts Democrat, and was designed to create a program for long-term care for the functionally disabled. Mr. Obama halted the program, saying he couldn’t find a way to [...] The Law of the Sea Treaty now has 34 senators opposed and thus will not have enough Senate votes for ratification, a key opponent of the treaty announced Monday. “4 additional senators have joined in opposition to LOST, including Mike Johanns (R-NE), Kelly Ayotte (R-NH), Rob Portman (R-OH) and Johnny Isakson (R-GA). With 34 senators against the misguided treaty, LOST will not be ratified by the Senate this year,” Sen. Jim DeMint, South Carolina Republican, said in a statement on his website. The Law of [...] Kurt Nimmo A congressional inquiry has revealed that law enforcement agencies flooded cellphone carriers with a tsunami of demands for subscriber information last year. Carriers received 1.3 million requests for text messages, caller locations and other information in the course of investigations, the New York Times reported on Sunday. The astronomical increase in demand is reflected in the cost carriers charge law enforcement agencies. For instance, AT&T collected $8.3 million last year [...] From Bloomberg: Go away, American millionaires. That’s what some of the world’s largest wealth-management firms are saying ahead of Washington’s implementation of the Foreign Account Tax Compliance Act, known as Fatca, which seeks to prevent tax evasion by Americans with offshore accounts. HSBC Holdings Plc (HSBA), Deutsche Bank AG, Bank of Singapore Ltd. and DBS Group Holdings Ltd. (DBS) all say they have turned away business. “I don’t open U.S. accounts, period,” said [...] From Bloomberg: Go away, American millionaires. That’s what some of the world’s largest wealth-management firms are saying ahead of Washington’s implementation of the Foreign Account Tax Compliance Act, known as Fatca, which seeks to prevent tax evasion by Americans with offshore accounts. HSBC Holdings Plc (HSBA), Deutsche Bank AG, Bank of Singapore Ltd. and DBS Group Holdings Ltd. (DBS) all say they have turned away business. “I don’t open U.S. accounts, period,” said Su Shan Tan, head of private [...] From Bloomberg:
Go away, American millionaires. That’s what some of the world’s largest wealth-management firms are saying ahead of Washington’s implementation of the Foreign Account Tax Compliance Act, known as Fatca, which seeks to prevent tax evasion by Americans with offshore accounts. HSBC Holdings Plc (HSBA), Deutsche Bank AG, Bank of Singapore Ltd. and DBS Group Holdings Ltd. (DBS) all say they have turned away business. “I don’t open U.S. accounts, period,” said Su Shan Tan, head of private [...] By Erin Ailworth THE BOSTON GLOBE Looming federal budget cuts could cost Massachusetts more than 50,000 jobs over the next decade – mainly in key sectors such as defense, technology, and health care – and “strike at the very heart” of the state’s innovation economy, an analysis by researchers at the University of Massachusetts Donahue Institute shows. Automatic across-the-board cuts are scheduled to start in 2013 unless the deeply divided Congress agrees [...] From Bloomberg: Republican and Democratic lawmakers on the deficit-cutting supercommittee said they’re still aiming for a last-ditch agreement even as one of the panel’s leaders voiced doubts about an accord by a Nov. 23 deadline. The supercommittee faces a “daunting challenge” as its 12 members seek to bridge gulfs over taxes and spending, Representative Jeb Hensarling of Texas, the Republican co- chairman, said today. Time is running out for a plan to carve at [...] Obama campaign blames the very people who sounded the alarm bell on the economy for the debt downgrade Paul Joseph Watson & Alex Jones The next leg of the planned economic collapse has now been launched with the stock market once again plunging as the Federal Reserve prepares to launch QE3, and it’s all part of the transfer of wealth from America to [...] Rep. Edward J. Markey, Massachusetts Democrat, flanked by Arthur from the popular PBS children’s show, is defending public programming against Republican funding cuts. (Associated Press) NPR and PBS stations nationwide are rallying their audiences to contact Congress to fight against Republicans’ proposed spending cuts, but some affiliates’ pleas may violate laws preventing nonprofits or government-funded groups from lobbying. Interrupting popular programs, the stations air warnings that cuts [...] Sometimes it’s necessary to get out on the streets and “get a little bloody,” a Massachusetts Democrat said Tuesday in reference to labor battles in Wisconsin. Rep. Michael Capuano (D-Mass.) fired up a group of union members in Boston with a speech urging them to work down in the trenches to fend off limits to workers’ rights like those proposed in Wisconsin. “I’m proud to be here [...] |
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