Majority of Supreme Court members millionaires

Ginsburg, Breyer top list of wealthiest justices

The Center for Public Integrity posted a superb article by Reity O’Brien and Chris Young.

Supreme Ct.“At least five and perhaps as many as eight of the nine members of the U.S. Supreme Court are millionaires according to recently released financial disclosures, and only two hold any consumer debt.

Assets on the forms are reported in a range making it impossible to say precisely how much each justice is worth, but suffice to say, none of them are hurting financially. Continue reading

A Safe and a Shotgun or Public Sector Banks? The Battle of Cyprus

HISTORY

the more you know

Remember: “First come, first served”
Like the Billionaires dumping stocks – get it out of the banks now and invest in something tangible. Plant a garden, put solar on your roof – you may not want to leave those 401ks and mutual funds just sitting there because they may not be there when you need them most. [Ed. DeadlyClear]

Retirement Don't Bank on itBy Ellen BrownWeb of Debt | News Analysis | Friday, 22 March 2013 | Click here for original Truth-out post.

If these worries become really serious, . . . [s]mall savers will take their money out of banks and resort to household safes and a shotgun. – Martin Hutchinson on the attempted EU raid on deposits in Cyprus banks (Photo: Loz Pycock / Flickr) Continue reading

CBS NEWS: John Boehner walks away from debt talks

CBS NEWS – POLITICAL HOTSHEET JUST POSTED:

John Boehner walks away from debt talks

By Brian Montopoli
Updated 6:05 p.m. Eastern Time
House Speaker John Boehner has walked away from negotiations with President Obama over a deal to raise the debt limit.“In the end, we couldn’t connect. Not because of different personalities, but because of different visions for our country,” Boehner said in a letter to colleagues. He said Mr. Obama ” is emphatic that taxes have to be raised” and “adamant that we cannot make fundamental changes to our entitlement programs.””For these reasons, I have decided to end discussions with the White House and begin conversations with the leaders of the Senate in an effort to find a path forward,” he said.House Republican leadership aides told CBS News that Boehner will work with the Senate leadership in an attempt to reach a deal that meets the GOP’s two central requirements: That spending cuts are equal to or greater than debt limit increase and that there are no new taxes.Without action, the debt limit will be breached on August 2 – 11 days from now –
potentially plunging the U.S. economy into chaos. Continue reading