Hard hitting global and local news
Money Won the Election! The Center for Responsive Politics projects the 2014 mid-term election will cost roughly $3.67 billion. When all is said and done, Team Red (all Republican candidates, parties, committees and conservative outside groups) will spend $1.75 billion on this election.
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 …
Today, the Financial Times has an update on that possibility in its report Germany’s election campaign becomes tale of colour coalitions .
More: A (very) hypothetical conservative party not biased in favor of the rich over everyone else
Tweet Before you read on, decide for yourself what the two headlines mean.
On opposing the National Rifle Association : What Bloomberg has embarked upon now is nothing less than the construction of a mirror image to the NRA.
James Fallows thinks about the ten year anniversary of the Iraq invasion. He says he’d like to hear from the liberal war hawks and what they’ve learned. I don’t quite fit that category – not always a liberal for one thing, and was undecided rather than a supporter of the war.
See the article here: Reflections on Rand Paul’s Response to Obama’s State of the Union Address
Continue Reading: Yen Declines Following Shinzo Abe’s Threat to Change Japanese Law; An Idle Threat?
