Hungarian savers say government is stealing their pensions

“Soon after he was elected in 2010, Orban’s government ended mandatory payments into the private funds and nationalised most of the money they contained. That effectively allowed the government to take $12 billion in private pension assets. Poland has since made a similar change to its pension system.  The government said savers could choose to stay in the private funds, although the mandatory contributions would not go to them. About 60,000 people stayed in the funds. The change the government has now submitted to parliament is that the funds will be closed down, and their assets absorbed into the state pension system.”

 

http://www.reuters.com/article/2014/11/27/hungary-pensions-idUSL6N0TG2MP20141127

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Manhattan’s New Most Expensive Listing: A $130 Million Penthouse

“New York City has a new most expensive apartment for sale, and it’s not even built yet.  With an asking price of $130 million, the 12,394-square-foot triplex planned to top a luxury tower that is set to go up at 520 Park Avenue would be the most expensive apartment New York has ever seen, surpassing the $118.5 million asking price for three separate units currently being marketed together in Battery City’s Ritz-Carlton tower.  Set on 60th Street two blocks east of Central Park, 520 Park Avenue is designed to rival another, wildly successful Zeckendorf project: 15 Central Park West, now a billionaire enclave and one of New York’s most prestigious addresses.”

http://www.forbes.com/sites/erincarlyle/2014/09/24/manhattans-new-most-expensive-listing-a-130-million-park-avenue-penthouse/

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Ron Paul: House Chooses New Cold War With Russia

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“Last week the US House voted overwhelmingly in favor of an anti-Russia resolution so full of war propaganda that it rivals the rhetoric from the chilliest era of the Cold War. Ironically, much of the bill condemns Russia for doing exactly what the US government has been doing for years in Syria and Ukraine!  For example, one of the reasons to condemn Russia in the resolution is the claim that Russia is imposing economic sanctions on Ukraine. But how many rounds of sanctions has the US government imposed on Russia for much of the past year? I guess sanctions are only bad when used by countries Washington doesn’t like.”

http://www.thedailybell.com/editorials/35895/Ron-Paul-House-Chooses-New-Cold-War-With-Russia/

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Why London’s Mayor Won’t Pay “Outrageous” US Tax Bill

“Boris Johnson, the mayor of London, just became the unlikely spokesperson for the 8 million or so US citizens living abroad.  Boris is an ‘accidental’ US citizen. Although his parents were British, he was born in the US. That makes him a US citizen even though his family left the US when he was only 5 years old, nearly 50 years ago. And recently, the IRS sent him a bill for capital gains tax on the sale of his personal residence in London.  Boris isn’t happy about it. Under UK law, this gain is exempt from any tax. But since the US, uniquely among major countries, taxes its non-resident citizens wherever they live, the gain isn’t exempt from US tax.”

http://www.nestmann.com/why-londons-mayor-wont-pay-outrageous-us-tax-bill

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CIA Torture Report Now Fast-Tracked, Over Republicans’ Objections

“There’s a new incentive to get the report out soon. Republicans take over the Senate in 2015. Many of them have not been impressed with the Democrats’ findings.  ‘The Senate Intelligence Committee today voted to send a one-sided, partisan report to the CIA and White House for declassification,’ Senate Republicans Marco Rubio and James Risch wrote in April, ‘despite warnings from the State Department and our allies indicating that declassification of this report could endanger the lives of American diplomats and citizens overseas and jeopardize U.S. relations with other countries.'”

http://www.thedailybeast.com/articles/2014/12/01/cia-torture-report-days-away-feinstein-says.html

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