Daily Archives: 04/13/2013

Canada’s New Trudeau – Justin Trudeau – Can he win?

Canada’s new Trudeau channels Kennedy and Obama, but can he win?

April 10, 2013 · By ·
OTTAWA, (Reuters) – An eloquent farewell to flamboyant former Prime Minister Pierre Elliott Trudeau catapulted his son Justin Trudeau into the public eye 13 years ago, as he riveted Canadians with his emotional “Je t’aime, papa” goodbye.

Now the photogenic former drama teacher and ski instructor has all but won the leadership of the Liberal Party, the political force that ruled Canada for more years than any other before slumping to its worst-ever showing in the 2011 election.  Trudeau, who is expected to be crowned Liberal leader on Sunday, has captured enough affection that the Liberals are nudging the ruling Conservatives off top spot in the polls, although a federal election is still 30 months away.   Continue reading

Ten Ways the Wealthy Dodge Taxes… in the USA

Ten Ways the Wealthy Dodge Taxes  [link]

Saturday, 13 April 2013 10:14 By Alexander Arapoglou and Jerri-Lynn Scofield, AlterNet | decrease font size increase font size

Mitt Romney.

Mitt Romney.

Mitt Romney. (Photo: Gage Skidmore / Flickr)How Mitt Romney stashed millions in a tax-free IRA, and other mysteries.

Have you read about the billionaire who pays a lower income tax rate than his secretary and gives advice for how much income tax other people ought to pay? You might want to ask: “How does he do it? ”.

We don’t know the complete answer to that question. No doubt, only his army of tax advisers does. What we’d instead like to share are 10 ways the current tax code allows the rich to accumulate vast fortunes, subject to little or no tax. And, unlike the offshore account tax fraud that gets so much press and regulatory attention, many of the most egregious tax avoidance scams are perfectly legal.

1. No income means no tax. Imagine two men living in the same town. Joe owns an oil exploration corporation. Pete, a geologist, works for Joe. Pete finds oil, billions of dollars worth, and when he does, Joe gives him a $1 million bonus.

Pete pays income taxes on $1 million and keeps looking for oil. Joe, the boss is now a billionaire. Although he has not sold any oil yet, the bank lends him money against the find and he builds a mansion, buys a nice car and lives it up. Even though Joe has become richer by billions of dollars, he pays no income tax. Why? He has no income.   [read more]

Gold falls into bear market after rising for 12 years

Gold falls into bear market after rising for 12 years

Gold barsAPRIL 12, 2013 · BY STABROEK NEWS · COMMENTS   

LONDON,  (Reuters) – Gold fell below $1,500 per ounce today, a drop of more than 20 percent from its record 2011 highs, putting it in bear market territory for the first time after 12 years of gains.

Gold hit a low of $1,493.35. The metal was heading for a 4.9 percent decline this week, its third such drop in a row and the biggest since December 2011. It was down some 22 percent below the record peak hit in September 2011 at $1,920.30.

An unexpected contraction in U.S. retail sales, which hurt stocks and supported the dollar today, added to pressures building in the course of the week from several factors, including a draft plan for Cyprus to sell bullion and outflows from exchange-traded gold funds.     Continue reading

Guyana Yours To Discover – by Mike Charles – video

Guyana Yours To Discover: a Mike Charles video

A DVD Program Featuring Guyana. Produced By Mike Charles Out Of Guyana. This DVD Also Features Music From Guyanese Band – Dave Martins and The Tradewinds.

To Get Your Copy Of This DVD Visit   www.mikecharles.biz

PSC calls for a comprehensive approach to deal with the garbage situation – video

PSC calls for a comprehensive approach to deal with the garbage situation

April 11, 2013 {Capitol News}:  President of the Private Sector Commission (PSC), Ronald Webster said the current state of the city with garbage overflowing into the streets leaves much more to be desired.

Webster said the PSC has been actively involved with several organizations, looking at projects aimed at cleaning and maintaining the environment.

He’s calling for a comprehensive plan to deal with solid waste management and landfill sites.  Continue reading

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