ANOTHER CONSPIRACY THEORY BECOMES FACT: THE FED’S “STEALTH BAILOUT” OF FOREIGN BANKS GOES MAINSTREAM

http://www.zerohedge.com

Back in June 2011, Zero Hedge first posted:

which we followed up on various occasions, most notably with

With the following key chart:

The US Is Now 50% More Unequal Than Ancient Rome (And That Includes Slaves)

http://www.zerohedge.com/

As we previously noted, only the highest income earners have seen any gains in compensation since the crisis began around 2007 to the current ‘recovery’ tops. It is perhaps not entirely surprising then that, the total income controlled by the Top 1% is drastically above that of the slave-included times of Ancient Rome and as high as the peak in the roaring 20s.

Current inequality is almost 50% worse than in Ancient Rome and as large as the end of the roaring 20s…

The First Ever Hemp House in Lisbon Portugal

In this video Luke Rudkowski is in Lisbon Portugal and talks to Pedro who runs the first ever hemp production and commercial store in Lisbon.

 

Solar power is growing so fast that older energy companies are trying to stop it

Updated by  / http://www.vox.com

Workers with solar city install rooftop panels in California.Steve & Michelle Gerdes/Flickr

If you ask the people who run America’s electric utilities what keeps them up at night, a surprising number will say solar power. Specifically, rooftop solar.

MORE AMERICANS ARE INSTALLING ROOFTOP SOLAR AND BUYING LESS ELECTRICITY FROM THEIR UTILITIES

That seems bizarre at first. Solar power provides just 0.4 percent of electricity in the United States — a minuscule amount. Why would anyone care?

But utilities see things differently. As solar technology gets dramatically cheaper, tens of thousands of Americans are putting photovoltaic panels up on their roofs, generating their own power. At the same time, 43 states and Washington DC have “net metering” laws that allow solar-powered households to sell their excess electricity back to the grid at retail prices.

The IRS Tries to Squirm Out of the Law

 / http://reason.com

Lois Lerner

CSPANIn “‘It’s So Simple, It’s Ridiculous‘” (May 2004), I explored the exotic world of tax rebels-Americans who believe citizens have no legal obligation to pay income tax. They describe themselves not as mere “tax protestors” but as a “tax honesty” movement, since they believe honesty about the income tax means admitting that none of us legally owe it.

The movement’s prospects looked bleak. “A sober assessment of the empirical evidence,” I wrote, shows “that victories for the tax honesty movement (the occasional criminal acquittal or mistrial) lead inevitably to a later defeat (further convictions or civil seizures).”

While tax protestors fare no better nowadays, it’s the tax collectors who are today making headlines by quibbling about how to interpret various tax laws. Congress has been investigating reports that the Internal Revenue Service (IRS) may have aimed unusually abusive information requests, denials of status, and bureaucratic foot-dragging at nonprofit groups with a conservative bent.

Hong Kong citizens step up protests as riot police withdrawn

Roads blocked, banks and schools closed, as thousands join unprecedented demonstrations disrupting daily lifeProtesters raise umbrellas to protect against pepper spray during Sunday’s demonstrations

 / http://www.theguardian.com

Thousands of Hong Kong citizens protested across the city on Monday, blocking roads and prompting the closure of banks and schools, as they stepped up their calls for democracy.

Police attempts to use teargas to clear huge protests from Admiralty and Central in downtown Hong Kong late on Sunday backfired by spurring more people to take to the streets, with numbers peaking in the tens of thousands. Fresh protests sprang up in Causeway Bay and Mongkok, in Kowloon.

Parts of the financial hub, generally known for its orderliness, were paralysed by the demonstrators. The government announced on Monday morning that riot police had been taken off the streets as citizens “have mostly calmed down” and urged people to unblock roads and disperse.

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