Wednesday, 18 August 2010

Green Taxes Could Treble by 2020, Costing Taxpayers More Than £16billion a Year

'Taxes to pay for contentious climate change policies are set to treble over the next decade, soaring to more than £16billion a year. The hike is the equivalent of 4p on the current rate of income tax, a report from think tank Policy Exchange claimed. By 2020 the tax take from green levies will be roughly equivalent to total public spending in England on both the police and fire services, the figures show.

Householders will pay £4.3billion in taxes on their energy bills by 2015 – more than double the £2billion they will pay this year. This will soar to £6.4billion by 2020, or around £280 for every household.'

Read more: Green Txes Could Treble by 2020, Costing Taxpayers More Than £16billion a Year

MSNBC: Feds Getting ,'Tremendous Pushback From Scientific Community' Over Disappearing Oil

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US-Vietnam Military Cooperation Directed Against China

'Former foes Vietnam and the United States on Aug. 17 stepped up cooperation by holding their first high-level defense dialogue, amid concerns over China's military build-up.

Robert Scher, the U.S. deputy assistant secretary of defense for South and Southeast Asia, met Lieutenant General Nguyen Chi Vinh, Vietnam's deputy minister of defense, for talks in Hanoi on ways to enhance cooperation by the two sides, they said.'

Read more: US-Vietnam Military Cooperation Directed Against China

'Iran Will Block Hormuz if Attacked'

'A senior Iranian military official says Iran will take full control of the Strait of Hormuz should Washington opt to launch aggression against Iran. "The country's armed forces which are under the (Islamic Revolution) Leader's command are in the highest state of preparedness." head of the Operations Department of the Joint Chiefs of Staff of the Iranian Armed Forces Brigadier General Ali Shademani was quoted by Mehr News Agency as saying on Tuesday.

"Three measures are in store to counter any potential aggression against the country", he said. "The first action would be to take full control of the Strait of Hormuz whereby we wouldn't allow any move by anybody", the top military official underlined.'

Read more: 'Iran Will Block Hormuz if Attacked'

Egypt Seizes Explosives on Ship Coming From Israel

'Egyptian security forces seized a ship loaded with explosives coming from Israel and arrested its owner in Port Said, Egypt's independent Al-Shorouk daily reported on Monday. The explosives were loaded inside containers on board of the ship, the newspaper reported without providing further details about the ship and explosives.'

Read more: Egypt Seizes Explosives on Ship Coming From Israel


Why is Washington Ignoring its Biggest Corruption Scandal?

'Too few in Washington have been digging into the scandals behind the collapse of the “government-sponsored entities” (GSE's) Fannie Mae and Freddie Mac and their role in helping trigger the global financial crisis.

Their collapse has cost taxpayers $146 billion thus far. Freddie Mac sought an additional $1.8 billion in taxpayer support just last week. There is no end in sight, as the Obama administration, through executive fiat, has placed no upper limit on the taxpayer liability for these two monstrosities.'

Read more: Why is Washington Ignoring its Biggest Corruption Scandal?

Dems May Use Food Stamp Money to Pay for Michelle Obama's Nutrition Initiative

'Democrats who reluctantly slashed a food stamp program to fund a state aid bill may have to do so again to pay for a top priority of first lady Michelle Obama.

The House will soon consider an $8 billion child nutrition bill that’s at the center of the first lady’s “Let’s Move” initiative. Before leaving for the summer recess, the Senate passed a smaller version of the legislation that is paid for by trimming the Supplemental Nutrition Assistance Program, commonly known as food stamps.'

Read more: Dems May Use Food Stamp Money to Pay for Michelle Obama's Nutrition Initiative