Gold Investment Stock and Bullion Prices Blog

Income tax rates go up, rich taxpayers vanish. Illinois Governor Pat Quinn is the latest Democrat to demand a tax increase, this week proposing to raise the state's top marginal individual income tax rate to 4% from 3%. He'd better hope this works out better than it has for Maryland. We reported in May that after passing a millionaire surtax nearly one-third of Maryland's millionaires had gone missing, thus contributing to a decline in state revenues. The politicians in Annapolis had said they'd collect $106 million by raising its income tax rate on millionaire households to 6.25% from 4.75%. In… Original Article: Forum: News/Activism

Original post:
Maryland’s Mobile Millionaires

In “The March of Folly,” Barbara Tuchman asked, “Why do holders of high office so often act contrary to the way reason points and enlightened self-interest suggests?” Her assessment of self-deception — “acting according to wish while not allowing oneself to be deflected by the facts” — captures the conditions that are gripping President Obama and the Democratic Party leadership as they renew their efforts to enact health-care reform. Their blind persistence in the face of reality threatens to turn this political march of folly into an electoral rout in November. Original Article: Forum: News/Activism

Original post:
If Democrats ignore health-care polls, midterms will be costly

BUENA, N.J. (AP) — A spokesman for a group of nuclear power plants in New Jersey says a U.S. man charged in Yemen with being a member of al-Qaida had previously worked at the plants. PSEG Nuclear spokesman Joe Delmar says Sharif Mobley worked as a laborer for several contractors at its three plants on Artificial Island in Lower Alloways Creek from 2002 to 2008 carrying supplies and doing maintenance work. Delmar says he satisfied federal background checks as recently as 2008. Original Article: Forum: News/Activism

Read more:
Terror suspect worked at nuke plants

Michele Bachmann to speak at St. Paul rally against health care reform billBy Joe Kimball | Published Mon, Mar 8 2010 10:33 am Several conservative groups, including the Minnesota Majority, the Tea Party Patriots of the Twin Cities and Citizens Council on Health Care, will rally Saturday at the State Capitol in St. Paul to oppose the health care reform bill now in Congress. Congresswoman Michele Bachmann will be a featured speaker. The event, called the “Kill the Bill Rally,” will run from noon to 1 p.m. on the upper mall of the Capitol. Says the Minnesota Majority group, whose… Original Article: Forum: News/Activism

See the original post:
Michele Bachmann to speak at St. Paul rally against health care reform bill (3/13 @ noon)

SYDNEY, March 12 – The Australian dollar was steady on Friday, with the market happy to consolidate the week’s gains that had pushed it to seven-week highs. * Local dollar parked at $0.9155, much where it ended in New York and in domestic trade o Australia dlr consolidates weeks gains; rates support

Continued here:
Australia dlr consolidates weeks gains; rates support

TOKYO, March 12 – Bank of Thailand Governor Tarisa Watanagase said on Friday she will carefully consider the appropriate time to normalise monetary policy. Inflationary pressure is likely to increase, so an accommodative policy is becoming less ne Thai cenbank will carefully consider policy timing

See more here:
Thai cenbank will carefully consider policy timing

WASHINGTON, March 11 – Regulators on Thursday seized a small New York bank, bringing the number of U.S. bank failures this year to 27. The Federal Deposit Insurance Corp said LibertyPointe Bank, of New York City, was closed by state regulators. Va U.S. regulators seize small New York bank

Read the original:
U.S. regulators seize small New York bank

TOKYO, March 12 – Japanese government bond futures edged down on Friday as Tokyo’s Nikkei stock average hit a seven-week high, while the yield curve flattened slightly with superlong yields dipping after a well-received U.S. 30-year bond sale. * JGB futures dip as Nikkei rises yield curve flatter

Originally posted here:
JGB futures dip as Nikkei rises yield curve flatter

By Jonathan Stempel NEW YORK, March 11 – Warren Buffett had at least three opportunities in 2008 to help Lehman Brothers Holdings Inc, but failure to enlist his aid contributed to Lehman’s bankruptcy and the global financial crisis, a court-appoin Buffett kept distance from Lehman -examiner

See more here:
Buffett kept distance from Lehman -examiner

Congressional Democrats embarked on the final push for a historic health care bill Thursday with no guarantee that they have the votes to pass it. Democratic leaders were gearing up for a pair of committee hearings next week that will start the clock on a final, down-to-the-wire vote, which will require House Democrats to swallow their significant distaste for the Senate bill and to vote on faith that Senate leaders can muster the support to change it.“We will have at least one week to have our own conversations,” House Speaker Nancy Pelosi told reporters on Thursday after a briefing by… Original Article: Forum: News/Activism

Read more:
Pelosi: ‘The choice has to be made’

PennyOmega.com Hot Stock News & Alerts! ________________________________________ FREE Daily Stock Alerts From PennyOmega.com ________________________________________ Thursday March 11, 2010 PennyOmega.com Stock Report! CEHC, Cephas Holding Corp., CEHC.PK ************************************************************** Cephas Provides Update on iPhone Applications Cephas Holding Corp. (Pinksheets:CEHC) provided the following update on its iPhone application projects. Fedor Emelianenko. The Company is actively working with Fedor’s management and its developers to complete Fedor Mobile. Its release

Go here to see the original:
CEHC, Cephas Provides Update on iPhone Applications – PennyOmega.com Stock Report!

Using options to game takeovers, with Brian Stutland, Stutland Equities. Fast Action

Follow this link:
Fast Action