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Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through Ireland and the Netherlands to Bermuda. Google’s income shifting — involving strategies known to lawyers as the “Double Irish” and the “Dutch Sandwich” — helped reduce …

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G20 inks pact to avert trade war

By David Lawder and Yoo Choonsik GYEONGJU, South Korea | Sun Oct 24, 2010 1:45am EDT GYEONGJU, South Korea (Reuters) – The Group of 20 major economies agreed on Saturday to shun competitive currency devaluations but stopped short of setting targets to reduce trade imbalances that are clouding global growth …

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U.S. Says Military Can Respond to Domestic Cyberthreats

By THOM SHANKER WASHINGTON — The Obama administration has adopted new procedures for using the Defense Department’s vast array of cyberwarfare capabilities in case of an attack on vital computer networks inside the United States, delicately navigating historic rules that restrict military action on American soil. The system would mirror …

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How propaganda is disseminated: WikiLeaks Edition – Glenn Greenwald – Salon.com

This is how the U.S. government and American media jointly disseminate propaganda: in the immediate wake of some newsworthy War on Terror event, U.S. Government officials (usually anonymous) make wild and reckless — though unverifiable — claims. The U.S. media mindlessly trumpets them around the world without question or challenge. …

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Coder for CIA: Drone Targeting Software ‘Far From Ready’

Still wondering if Facebook is a ripoff of ConnectU? That’s nothing. Software firms that developed the targeting systems of the CIA’s terrorist-killing Predator drones are locked in their own intellectual property battle. Their court case has at least an outside chance of halting a program the agency, the White House, …

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WikiLeaks: Funding blocked after blacklisting

Whistle-blower WikiLeaks says its funding has been blocked and it has been targeted for financial warfare by the federal government, The Guardian, a British news organization, reported. Moneybookers, an Internet payment company registered in the United Kingdom that collects WikiLeaks donations, e-mailed WikiLeaks to say that it had shut down …

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Bernanke says Fed ready to further stimulate the economy – latimes.com

The Fed chairman suggests creating a program of buying U.S. Treasury bonds in an effort to drive down long-term interest rates. Still, it’s unknown how and when the central bank will take action. By Don Lee, Los Angeles Times October 15, 2010|7:34 a.m. Federal Reserve Chairman Ben S. Bernanke on …

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Juvenile jail chief worried about ‘dirt bag’ workers

October 13, 2010 BY LISA DONOVAN Cook County Reporter [email protected] The head of Cook County’s juvenile jail has sent a 911 letter to Chicago Police Supt. Jody Weis, concerned troubled staffers at the West Side youth facility will make good on violent threats against bosses as layoffs loom there. The …

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Government Prepares To Seize Private Pensions

Massive wealth confiscation program would replace 401(k) system with Social Security-run ponzi scheme Paul Joseph Watson Tuesday, October 12, 2010 The government is preparing to seize the private 401(k) pensions of millions of Americans while enforcing an additional 5 per cent payroll tax as part of a new bailout program …

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