Mr. Cameron has said that he and his wife, Samantha, sold their interest in his father’s fund four months before he became prime minister in 2010 and that they had paid the full tax on the proceeds. They paid £12,497 (about $17,600) for it in 1997 and sold it for £31,500 (about $44,400), which just escaped capital gains taxes because the profits were split between him and his wife.
It's 1790 All Over Again (reflector)
Today, the fundamental flaw in the thinking of our conceited Masters of the Universe is the same as that which blinded the members of the National Assembly in France, in 1790: they are convinced that their intellectual construct, the irredeemable dollar, is far more suitable than gold for use as money.
Mother and son typically arrive at University Prep Science & Math Middle School, a well-regarded charter school in the Michigan Science Center, around 7:30 a.m. and Johnson waits with her son until his classes begin at 7:50. She then makes her way back home—the same two buses—until reaching Brightmoor around 9:30 a.m. That’s about three and a half hours before she has to leave again on another four buses to return to Shownn’s school and bring him home.
Total daily journey: 52 miles, five to six hours.
…What is not often discussed is the effect the Trans-Atlantic Slave Trade had on Africa. One major consequence was that the African economies had become increasingly dependent on the slave trade, so when the Atlantic Slave Trade eventually ended in the late 19th century, African economies collapsed. Another major consequence was the deep internal conflicts that manifested as a result of the competition to provide Europeans with slaves. Families were broken up, neighboring tribes became fierce competitors and enemies, and leadership structures became untrustworthy and broken. Couple this with the fact that a large number of its male population had been displaced due to slavery, and you have a continent that is easy prey for a new form of slavery by the Europeans called Colonialism.
And then today, following a decision by the Austrian Banking Regulator, the Finanzmarktaufsicht or Financial Market Authority, Austria officially became the first European country to use a new law under the framework imposed by Bank the European Recovery and Resolution Directive to share losses of a failed bank with senior creditors as it slashed the value of debt owed by Heta Asset Resolution AG.
I anticipate that some people will react rather badly to having their country compared to the USSR. I would like to assure you that the Soviet people would have reacted similarly, had the United States collapsed first. Feelings aside, here are two 20th century superpowers, who wanted more or less the same things – things like technological progress, economic growth, full employment, and world domination – but they disagreed about the methods. And they obtained similar results – each had a good run, intimidated the whole planet, and kept the other scared. Each eventually went bankrupt.
Vitol hired one of the world’s largest tankers, the Overseas Laura Lynn — a 380-meter-long vessel (about equal to the Empire State Building laid on its side) capable of carrying 3 million barrels of oil — to store crude offshore of Dubai. Competitors including Glencore Plc prospered by hiring capacity on land from St. Lucia in the Caribbean to Saldanha Bay in South Africa.
NHTSA Administrator Mark Rosekind argued that the agency can't wait any longer before issuing guidance because self-driving technology is already hitting the road. Tesla's autopilot feature provides steering assistance to help drivers avoid accidents, for example. Issuing regulations can take years.
Gold & Silver
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