Monday, 8 July 2013


Obama’s limo: Heavy armor, blood bank, night vision

'President Barack Obama is looking for a new ride.
Not that his current limousine – dubbed “The Beast” or “Cadillac One” – isn’t faring well, but it’s a 2009 model, which he takes wherever he travels, and the Department of Homeland Security says it’s time for an upgrade.
Designed to look like a 2008 Cadillac DTS, The Beast is a hybrid that reportedly blends Caddy components with the guts of a Chevrolet Kodiak commercial truck – but with heavy armor. Such heavy armor that the car reportedly weighs 7.5 tons.'
   

Banks pushing for repeal of credit unions' federal tax exemption

'Credit unions have been snatching customers from banks amid consumer frustration over rising fees and outrage over Wall Street's role in the financial crisis.
Now banks are fighting back by trying to take away something vital to credit unions — their federal tax exemption. With fast-growing credit unions posing more formidable competition to banks, industry trade groups are pressing theWhite House and Congress to end a tax break that dates to the Great Depression.'