‘Let’s tax the sun’: new Spanish law shocks world press

“A new tax on solar power introduced two weeks ago by the Spanish government has been described as ‘ludicrous’ and ‘stupid’ in two leading international publications.  Business Spectator interviewed people who plan to ignore the new law, including Sergio Pomar, chief executive of energy-efficient installation firm INEL.  He said: ‘If I spend €600 to install solar panels and get fined €6 million let the judge decide.’  Private individuals who fail to hook their solar panels up to the national grid to be metered and taxed could face fines of up to €30 million ($40 million) under the new law.  Some homeowners have removed their solar panels rather than face fines of up to €30 million.”

http://www.thelocal.es/20130821/spanish-solar-law-hits-international-headlines

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The Recession That Never Ended: 2008-2013 (and Counting)

“Huge leaps in the income and wealth of the top 5% mask the decline of income and wealth of the bottom 95%. Average all wealth and income and it appears that the economy is expanding to the benefit of all, when it fact only the top 5% have escaped the recession; the recession never ended for the bottom 95%. An even better way to create an illusory expansion is to simply not measure trends that would reveal a deepening recession. For example, what percentage of student loans are purposefully taken out as a substitute for income, i.e. used to pay basic living expenses rather than education?”

http://charleshughsmith.blogspot.com/2013/08/the-recession-that-never-ended-2008.html

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Italian factory owner moves company to Poland while staff are on holiday

“Fabrizio Pedroni, 49, said he was driven to the drastic course of action because his factory had not turned a profit for five years and he was being strangled by high salaries, crippling taxes and dismal rates of productivity. Moving the factory to Eastern Europe was the only way of saving his company, which was founded 50 years ago by his grandfather. When his 40 employees found out what had happened, they were furious. They were not due to return from holiday until next week but got wind of the covert operation and turned up at the Firem factory in the town of Formigine to find the place devoid of machinery.  Mr Pedroni says he has received death threats and will not be returning to Italy anytime soon.”

http://www.telegraph.co.uk/finance/newsbysector/industry/10262743/Italian-factory-owner-moves-company-to-Poland-while-staff-are-on-holiday.html

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The Trick to Suppressing Revolution: Keeping Debt/Tax Serfdom Bearable

CHS9a1

“In a way, a belief in the value, transparency, trust and reciprocity of the System is like a religious belief. The converts, the true believers, are the ones who work like crazy for the company or the service. And when the veil of illusion is tugged from their eyes, then the Believer does a reversal, and becomes a devout non-believer in the System. He or she drops out, moves to a lower position, or ‘retires’ to some lower level of employment. At what point do people choose to opt out of debt/tax-serfdom? What triggers their decision to renounce debt, go off the financial grid, and escape serfdom by fashioning a low-cost lifestyle in the cash economy?”

http://charleshughsmith.blogspot.de/2013/05/the-trick-to-suppressing-revolution.html

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Millions spent to begin razing of 7,000 abandoned properties in Dayton

“Kevin Powell, the city’s acting manager of housing inspection, says officials plan to use $5.2 million to raze 475 abandoned properties by the end of September.  The city knocked down 1,172 abandoned structures – single-family homes, strip malls, multi-unit buildings, commercial properties etc. — between 2009 and 2012, using money that included $8 million in federal funds.  The average cost for a demolition, which includes asbestos removal, is $11,000.  Abandon properties have a negative impact on the city’s tax collection, which are used to remove abandon properties and pay for other city services. ‘It’s a complete circle that keeps eating upon itself,’ Powell said.”

http://www.daytondailynews.com/news/news/local/city-remains-knee-deep-in-more-than-7000-abandoned/nXTkb/

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Manufacturing of Zeppelins temporarily shut down sausage makers in World War I

“According to a new documentary, the quantity of cow intestines used in manufacturing the airships was so enormous – and the military appetite for the dirigibles so strong – that the making of sausages was temporarily outlawed in Germany and allied or occupied parts of Austria, Poland and northern France. With the guts from more than 250,000 cows needed to produce the bags that held the hydrogen gas in each Zeppelin, the German war machine had to choose between long-range bombing and wurst. It chose the former.”

http://www.rawstory.com/rs/2013/08/23/manufacturing-of-zeppelins-temporarily-shut-down-sausage-makers-in-world-war-i/

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NASA begins selling shuttle launch platforms

“Nasa is selling three huge mobile platforms used to launch the Apollo moon missions and the space shuttle – adding to the list of historic facilities and equipments it wants private industry to take over, including a shuttle launchpad and its landing runway.  The massive steel structures – 7.6 metres high (25ft) 49 by 41 metres on top – were originally built in 1967 for the Apollo moon programme’s Saturn rockets, then modified for the space shuttles, which flew from 1981 until 2011. The Kennedy Space Centre launchpad has attracted competing bids from the Amazon founder Jeff Bezos and Elon Musk, co-founder of Paypal and chief executive of electric car company Tesla Motors.”

http://www.rawstory.com/rs/2013/08/21/nasa-begins-selling-shuttle-launch-platforms/

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Up To 50,000 Stray Dogs Roam Detroit

EPJ13

“In July, the pound stopped accepting more animals for a month because the city hadn’t paid a service that hauls away euthanized animals for cremation at a cost of about $20,000 a year. The freezers were packed with carcasses, and pens were full of live animals until the bill was paid.[…]  Pit bulls and breeds mixed with them dominate Detroit’s stray population because of widespread dog fighting, said [Harry Ward, head of animal control.]. Males are aggressive in mating, so they proliferate, he added.”

http://www.economicpolicyjournal.com/2013/08/up-to-50000-stray-dogs-roam-detroit.html

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Dutch finance minister says new support for Greece ‘inevitable’

“Dutch finance minister Jeroen Dijsselbloem has joined a growing chorus of eurozone officials who have conceded that Greece may need a third bail-out, despite claims that another rescue is ‘not in discussion’.  Mr Dijsselbloem’s comments follow a surprise admission by Wolfgang Schaeuble, Germany’s finance minister, that the debt-laden country would likely need more financial aid to keep it afloat. The country has already received €240bn (£205bn) in two separate international bail-outs. Olli Rehn, European Commissioner for Economic and Monetary affairs, also said on Wednesday that he did not rule out a third bail-out for Greece.”

http://www.telegraph.co.uk/finance/financialcrisis/10259561/Dutch-finance-minister-says-new-support-for-Greece-inevitable.html

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Needy EU Nations Woo Chinese Home Buyers to Ease Slump

“Cyprus, Greece and Portugal are providing resident permits to foreign buyers, while Spain is about to adopt a similar measure. The chance to purchase a home at depressed prices in southern Europe and gain what’s known as a golden visa is mostly being sold to Chinese investors, according to brokers. Southern Europe is the latest target for rich Chinese homebuyers, who have been snapping up properties from Vancouver to London since 2010 as their wealth swells and China’s government steps up a three-year campaign to cool home prices there.  The number of millionaires in China rose 4 percent from the previous 12 months to 2.8 million.”

http://www.bloomberg.com/news/2013-08-21/needy-eu-nations-woo-chinese-home-buyers-to-ease-slump.html

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