Wynton Hall

Document: Canada Considering Cyprus-Style 'Bail-In Regime'

Even as news is surfacing that the Cypriot bank “bail-in” will now confiscate up to 62.5% of depositor funds, a new budgetary document from Canada’s finance minister suggests that America’s neighbor to the north may be considering a Cyprus-like bail-in system of its own. 31 Mar 2013

Banks Score Court Victory in Libor Suits

Banks embroiled in the LIBOR (London Interbank Offered Rate) interest-rate rigging scandal got a big break on Friday as a federal-court judge ruled they did not breach federal antitrust laws, a judgment that could save the banks sizable sums from private lawsuits seeking billions in damages. 30 Mar 2013

67 Million Chinese Christians and Growing

As America’s 246 million Christians prepare to celebrate the death and resurrection of Jesus Christ, China’s 67 million Christians are doing the same. 29 Mar 2013

Cypriot Cash Grab Similar to Federal Reserve Policies

Cyprus President Nicos Anastasiades has struck a deal with the European Union and International Monetary Fund that will seize up to 40% of uninsured funds from wealthier depositors with over 100,000 euros and will not siphon funds from those below that amount. 28 Mar 2013

U.S. Spends $1.18 Million on Puppets Amid Sequester

From 2009 to 2013, the U.S. government has spent $1,188,382 on puppetry-related expenses. Some of the expenses include puppet shows for kids on educational topics. Others include puppet-based research. 27 Mar 2013

Thousands of Empty Govt. Buildings Costing Taxpayers up to $8 Billion

At a time when the White House says it cannot find the $18,000 a week it needs to fund tours, unloading unused properties to save taxpayers billions might seem like a no-brainer. But the federal government does not even know how many unused properties it controls because no one has kept an inventory of them. Further, attempts to sell such properties are bound in red tape. 26 Mar 2013

Business Advocates Ready Final Push to Defeat Costly Obamacare Provisions

On the heels of last Thursday’s bipartisan Senate vote to repeal an Obamacare provision that would slap a 2.3% tax on medical device companies, industry and business groups are making a final lobbying push to knock out costly healthcare provisions embedded in the law before it goes into full effect in eight months. 26 Mar 2013

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