The news is that the top brass has told reporters to spike stories that might make the rulers unhappy, following the practice in effect in the United States since January 2009
Mayor Bloomberg’s tenure as ruler of New York ends January 1st.
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The Chinese are ruled by a mafiaso family banking cartel, just as America is ruled by a mafiaso family banking cartel. The article is typical BS by those who suppress the facts. What interest does it serve them to have us connect the dots?
Who are ‘they’ you ask? It is those who are against us.
Bloomberg defended their decision by comparing it to ‘so-called’ news organizations afraid of being (fill-in the blank here) because they were Hell-Bent on preserving the Nazi socialist party in Germany, supposedly for the good of all mankind.
Bloomberg made his billions basically by legally selling “insider” information. People pay $20,000 per month per terminal for his business news. There is a reason for it – people who pay his fee get access to the stories before the non-subscribers, so the trading desks at the hedge funds and brokerages can unload or buy positions before the general public knows about it. Putting the news “on the wire” protects the firms from claims of insider trading.
But people are paying for objective news. Their story selection and omission of relevant facts that undermine the narrative are becoming more and more apparent. Back during TARP and the Fed takeover of the commercial paper business, Bloomberg landed some very important contracts to put together trading systems using those Bloomberg terminals. The close cooperation between his business and the technocrats in the Obama administration is pretty blatant.
I dislike Bloomberg. I blame him (and that jacklegs senator Mark warner) for giving us carpetbagger Governor here in Virginia. There is a lot of others that deserve some blame to. Its so sad and disheartening to see dufus’s get ahead.
Bloomberg will be expecting McAuliff to restrict Virginian’s of their second amendment rights. stupidity.
I am going to have to move to NC as well. I like tobacco.
Parrott
I raised 23 varieties of tobacco here in Baccyville, and it has been curing in the barn for over a year.
I am impressed Nidster.
maybe Southern Virginia could secede and join West Virginia and just let the Beltway part of Virginia join Maryland
I’d like that – two less Senators.
435 Representative and 100 Senators in Washington is too many to get things done and I think almost everyone sees. The 26 Senators and 69 Representatives of the first Congress worked much better.
I advocate consolidating into 13 new states (an odd number) based on contiguous Congressional districts (each district represents the same number of people per the census data).
The NYT still refuses to report that Bloomberg spends almost every Fri (eve) Sat and Sun at his house in the Bahamas.
Is it illegal for an individual to grow tobacco? I understand that the federal commercial allotments for tobacco farming are a nightmare to navigate.
I didn’t know that. Flying back and forth doesn’t sound very “green”. perhaps he cuts a check to AlGore to buy green credits to make his conscience feel better.
Since the end of the tobacco support program anyone can grow as much tobacco as they care to grow, or have the land needed for its cultivation. National companies, i.e. big tobacco sign-up growers to raise specific amounts, the sky’s the limit. I know growers who raise 25,000 pounds per year. Of course at an average of $1.75 per pound that works out to only $43,750 for the entire season.
Individuals may sell tobacco, untaxed, to anyone, but the tobacco can not be processed in any way, e.g. the leaf can be cured, but must be kept intact. In other words it is treated as ‘produce’ like tomatoes, sweet corn, green beans, etc. Tobacco grown with no chemicals applied to it can fetch $25 to $35 per pound, but the market is limited.
I bet China would buy that.
I am neither a fan of Mayor Mike nor of the NYT, but there are a lot of articles of the mayor visiting his home in Bermuda on weekends. (It is Bermuda rather than The Bahamas.)
http://www.nytimes.com/2010/04/26/nyregion/26bermuda.html?pagewanted=all
So the mayor of New York goes to Bermuda to get a NY Strip steak?
New York gets their beef from Iowa, same as Bermuda, so that raises an interesting point what does Bermuda have that NY doesn’t?
Special tax loopholes?
There’s a pot of gold at the end of that tax rainbow (loop), aye there is.
http://www.zerohedge.com/news/2013-11-07/guest-post-endos-message-irs-fck-you
Just imagine if the US Corporate tax rate was 10%. The loss in corporate tax revenue would be more than offset by the individual income tax and FICA taxes of the employees and the reduction in payment of unemployment, food stamp and Medicaid payments.