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Head Of World’s Biggest Economic Bloc Facing Calls To Resign Over ‘Magical Fairyland’ Tax Deals

No one who follows Europe’s economy was surprised to hear that Luxembourg helps multinational companies dodge taxes any more than celebrity gossip fans were surprised to see Kim Kardashian has a shapely backside.
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Obama’s Plan for a Backdoor Internet Tax

It’s very possible, said FCC commissioner Mike O’Reilly at a conference sponsored by the Free State Foundation in Washington on Friday. The tax, which could total over $7 per month on the typical American’s broadband bill, would be imposed as a consequence of regulating the internet via “net neutrality” rules that President Obama has urged the FCC to adopt.
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Former bank CEO jailed in Iceland for market manipulation

Sigurjón Þ. Árnason, former CEO of Landsbanki, was sentenced to 12 months in prison by Reykjavík District Court earlier this morning for market manipulation between November 1, 2007 and October 3, 2008. Nine months of the sentence are suspended for two years, visir.is reports.
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Google’s Internet-Beaming Balloons Keep Crashing

A balloon belonging to Google Xs moon-shot Loon program crash landed today in South Africas Karoo region, where Urbanus Botha, a sheep farmer, came across it.
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Heavy Police Force On Display in Ferguson As Community Awaits Grand Jury Announcement

Tensions flared up once again outside the Ferguson Police Department on Wednesday evening as a frustrated community awaits the Grand Jury decision on whether or not to charge Darren Wilson who killed unarmed teenager Michael Brown on August 9.
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Paying Up: Payday Loans Prey On The Desperate

Payday lenders are able to profit off of the loans they provide by charging interest, which can get out of control. For example, “For a loan of $300, a typical borrower pays on average $775, with $475 going to pay interest and fees over an average borrowing cycle.” It was noted by the Federal Reserve Bank of Cleveland in 1999 that the loans have “annualized interest rates often ranging from 213 percent to 913 percent” or 4.4%-19% a week! Thus, while the interest rates might not seem ridiculous at first glance, they can easily grow out of control.
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Obama to issue immigration order on Mexico’s ‘Revolution Day’

No doubt it’s just a quirk of the calendar, but President Obama is making his announcement to grant legal status for millions of illegal immigrants on Mexico’s “Revolution Day.” The president’s prime-time address Thursday coincides with the date in 1910 when the Mexican revolution began. The timing hasn’t escaped the notice of the Americans for Legal Immigration PAC, a group that opposes the president’s plan.
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SWAT team collapses house with explosives during standoff

A police standoff reached a dramatic conclusion when over thirty homes were evacuated and a SWAT team used explosives to blow through the structure of the home they were surrounding, inadvertently causing the floor to collapse.
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Over 4,000 dead, almost 10,000 injured in E. Ukraine fighting since April - UN

At least 4,317 people have been killed and 9,921 wounded in the conflict in eastern Ukraine since April, according to the latest UN human rights report.
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Wall Street is Taking Over America’s Pension Plans

Coverage of the midterm elections has, understandably, focused on the shift in political power from Democrats toward Republicans. But behind the scenes, another major story has been playing out. Wall Street spent upwards of $300M to influence the election results. And a key part of its agenda has been a plan to move more and more of the $3 trillion dollars in unguarded government pension funds into privately managed, high-fee investments — a shift that may well constitute the biggest financial story of our generation that you’ve never heard of.
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Cops Raid Cops: Texas Rangers Execute Search Warrant on Local Police Department

In a stunning move the Cameron County District Attorney’s Office, in concert with the Texas Rangers, raided the Santa Rosa Police Department. The police department was closed temporarily as the search warrant was executed at about 1:30 p.m. Wednesday.
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Bailed-Out German Megabank Imposes “Negative Interest Rates”

Commerzbank, Germany’s second-largest bank, a toppling marvel of ingenuity during the Financial Crisis that was bailed out by ever dutiful if unenthusiastic taxpayers, will now reward these very folks with what Germans have come to look forward to: the Wrath of Draghi.
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3 shot at Florida State University before gunman killed by police

"This is an isolated incident and one person acting alone," Tallahassee police Chief Michael DeLeo said later. "There's no indication of any further threat to anybody." Florida State University students huddled together in the aisles of a packed campus library early Thursday after a gunman opened fire, injuring three.
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Who Trusts This Government to Regulate the Internet?

The principle of net neutrality is easy to understand and support; to treat the delivery all data equally. This has been the status quo. Works great. Few oppose that, but supporting the principle of net neutrality is not the same thing as supporting the government's plan to enforce that principle.
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Goldman Sachs Fires Staff for Alleged NY Fed Breach

Note to banksters: If you are doing dirty work, never get caught. Unless you are a major player you will be cut loose immediately and thrown to the wolves.
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American Ranking Plummets in Global Index of 'Personal Freedoms'

Nation's handling of civil liberties, freedom of choice, tolerance of ethnic minorities, and tolerance of immigrants sends it from 9th to 21st place worldwide
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Amazon Robots Prepare for Christmas

In its latest bid to boost productivity and speed delivery, Amazon.com Inc. is deploying a robot army.
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How Police Use Military Tactics to Quash Dissent

As we wait for the grand jury verdict on whether to indict Ferguson police officer Darren Wilson for the killing of Michael Brown, schools in Ferguson are preparing to close, the police are stocked up on riot weapons and white supremacists are pledging to kill. A sand-colored, mine-resistant military vehicle was seen parked in front a local Dairy Queen. Protesters are organized and eschewing violence for clever forms of civil disobedience, but know they will likely face violence: Missouri Governor Jay Nixon has already declared a state of emergency in Ferguson.
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Goldman accused of exploiting aluminum storage rules

In a voluminous new report reflecting two years of research, an influential Senate panel accuses Goldman Sachs of manipulating aluminum storage rules in order to line its own pockets, even as manufacturers and customers suffered.
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