FeverIAm's video: Don t Panic Increasing CGT Decreases Tax Revenue

Don't Panic! Increasing CGT Decreases Tax Revenue! Recorded May 30, 2010 - 11:30 EDT CajaSur seizure sends warning shot: http://www.ft.com/cms/s/0/44c14ddc-6796-11df-a932-00144feab49a.html BTW, CajaSur had it's headquarters in Cordoba, in the Autonomous Community of Andalusia; lovely place for a holiday I hear ;-) http://en.wikipedia.org/wiki/Andalusia Spanish savings banks unveil merger pact to access aid http://www.marketwatch.com/story/giant-caja-combination-unveiled-to-tap-aid-2010-05-24?dist=afterbell Caja Madrid, Five Smaller Banks in Merger Discussions (Update2) http://www.businessweek.com/news/2010-05-28/caja-madrid-five-smaller-banks-in-merger-discussions-update2-.html Spain orders banks to come clean on debts to restore shattered faith: http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7773427/Spain-orders-banks-to-come-clean-on-debts-to-restore-shattered-faith.html Fitch cuts rating from AAA - Stocks slide, euro falls after Spain downgrade: http://www.reuters.com/article/idUSTRE64K0JX20100528 Spain approves €15bn austerity budget by one vote: http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7771293/Spain-approves-15bn-austerity-budget-by-one-vote.html Spain austerity package fuels anger: http://www.youtube.com/watch?v=Nt4BoRSZuB4 And of course; Spain is on the hook to pay 14 Billion Euros to Greece? http://av.r.ftdata.co.uk/files/2010/05/DT_disbursementEN-1.doc The EU's very own AAA SPV: http://ftalphaville.ft.com/blog/2010/05/17/232851/the-ecbs-very-own-aaa-spv/ Second firm withdraws drugs from Greece over cuts: http://news.bbc.co.uk/2/hi/world/europe/10193799.stm Who owes whom? http://data.inflexionary.com/inflexionary/greek-debt A worldwide financial crisis couldn't happen again. Could it? http://www.guardian.co.uk/business/2010/may/30/financial-crisis-again Capital gains tax of 40-50pc would be bad for Britain, says hedge fund guru: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7782669/Capital-gains-tax-of-40-50pc-would-be-bad-for-Britain-says-hedge-fund-guru.html CGT - Adam Smith Institute report: http://adamsmith.org/files/capital-gains-tax.pdf (Adam Smith Institute - http://adamsmith.org/ - an excellent resource!) Scramble for gold coins to beat tax increase: http://www.ft.com/cms/s/0/74825c32-6a93-11df-b282-00144feab49a.html Eurovision: Germany wins (and Greece gave them some point?) Lena Meyer-Landrut - Satellite http://www.youtube.com/watch?v=8QSgNM9yNjo Dolores Dagenais - Obviously from her new album Big Girl Art (http://www.youtube.com/user/DoloresD) http://www.youtube.com/watch?v=iX0g0mZOAfA Kappa Danielson - new CD If I Let Go Simple Man - http://www.youtube.com/watch?v=QN_buCDHZOU Peace and Love (Sorry, the audio seems to have gone out of sync at the end :-( it takes over an hour to upload, so I guess we'll have to live with it...