Spain’s Bad Bank "FROB" Admits More Taxpayer Losses Likely
See the original post: Spain’s Bad Bank "FROB" Admits More Taxpayer Losses Likely
Hard hitting global and local news
See the original post: Spain’s Bad Bank "FROB" Admits More Taxpayer Losses Likely
View post: Enormous Discrepancy Between Jobs and Employment Continues
More: Two Choices to Deal With "Collective Theft"
See original article: Spain Raids Social Security Reserve Fund to Meet Deficit Targets; New Rules Compound Deficit Woes for Spain,…
Taxed to the Point of No Recovery; France Plans Tougher "Exit Tax" In a feudal as well as futile attempt to keep wealthy French citizens from leaving the country, France hikes the "Exit Tax" on transfers of wealth to outside of France. They also lower the base and increase the number of things on which the tax applies. According to a "pay-walled" article on Le Monde of which I can only read a part …
Yahoo!Finance reports Judge says Detroit Eligible for Bankruptcy Detroit is eligible to shed billions in debt in the largest public bankruptcy in U.S. history, a judge said Tuesday in a long-awaited decision that now shifts the case toward how the city will accomplish that task. Judge Steven Rhodes turned down objections from unions, pension funds and retirees, which, like other creditors, could lose under any plan to solve $18 billion in long-term liabilities