The new method offers researchers a speedy way to produce plenty of neurons using cells discarded in human urine — helping to develop therapies
Culture, Humour, the Brave, the Foolhardy and the Damned
Culture, Humour, the Brave, the Foolhardy and the Damned.Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
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Congress and Hillary want grave-robbing to play a bigger role in tax revenue
Recently, Hillary Clinton announced her plans to levy a whopping 65% estate tax on households with a net worth of just $3.5 million. Cutting the threshold drastically from the current $5.45 million.
She’s not the first one either, with her plans closely matching a bill currently in congress.
This threshold drop would make a serious difference, because we’re not talking about $3.5 million in cash. We’re talking about net worth.
There are now 1.3 million households in the United States worth more than $5 million. And all the while inflation continues push more and more people into this category each year.
A modest family business, a suburban home, and a couple of decent cars could easily land a person in the range where their assets total more than $3.5 million, and would therefore have to be sold off upon their death in order to pay the government.
What this means:
How much wealth is exempted from the death tax, and what percentage is taken are both beside the point. The fact is that all the money being passed on after death has already been taxed when it was earned as income.
But with such a low exemption, this means small family businesses, and even farms are at risk of being dissected and confiscated by tax agents before they can transfer to the next generation.
Imagine the injustice of having to sell or dismantle a family business in order to hand over half of it to the government. A $5 million business is still pretty modest, especially when split between, say, three heirs. Yet even a business of that size would risk dissolution from the new Estate Taxes.
Government gag orders keep public in dark on unreasonable searches and seizures
Secret subpoenas and gag orders served to tech companies from the Justice Department are coming under fire, as tech companies are fighting for the rights of their customers and the public to know what is going on behind closed doors.
Microsoft along with many other tech companies have recently filed suit against the Justice Department arguing that it is a violation of the Fourth Amendment to restrict them from telling their customers what documents will be searched by the government and why. They also point out that gag orders clearly violate the First Amendment, by restricting the free speech of the companies who are served subpoenas for their customers' information.
Open Whisper Systems with the help of the ACLU successfully lifted part of a gag order from the Justice Department, which allowed them to explain to the public the government's attempt to demand user data from them.
The company which created the popular encrypted messaging app Signal, received a subpoena from the Justice Department in the first half of this year, demanding information about two phone numbers. The subpoena was accompanied by a gag order, which is why the specific date of the subpoena has not been published.
Open Whisper Systems and the ACLU have now published the documents from the government, and their response--something that could not have happened if the ACLU did not successfully get the original one year gag order partially lifted.
What this means:
But some gag orders have no expiration date. Who can tell how many companies have run into this issue, when they are legally forbidden from telling the public?
The government routinely restricts companies like microsoft, apple, and encryption providers from telling their customers or the public when a subpoena is issued for customer information. This means whoever is being investigated doesn't know.
Due process is going out the window and the biggest slap in the face comes when we are legally forbidden to talk about it. It is illegal to reveal the illegal activities of government.
Bait and Switch: Regulatory fallout from Wells-Fargo scandal will hurt small banks more
To pass the Dodd-Frank financial reforms, the government baited the public into being angry at the big banks, and then passed legislation that would give the big banks an edge against small competitors in the long run. All the costly regulations affected banks big and small.
But small banks don't have the personnel to deal with new regulations, and find ways around them, like Wells-Fargo does. It is easy for large banks who already have teams of lawyers who know how to comply with regulation to forge forward while still posting profits. But in addition to the costs of compliance for small banks, reworking their business model to remain viable after new regulations is not always such an easy feat.
And now, Wells-Fargo was caught creating fake accounts under customers' names without their knowledge or consent. But while Elizabeth Warren was grilling the CEO, he must have been hardly able to suppress his smile.
He knows any new regulations will just help destroy his small competitors; banks which might actually serve the needs of their customers honestly.
The big banks know that any new regulations because of their dishonesty will disproportionately hurt their small competitors. Wells-Fargo must pay $185 million in fines for wrongdoing. But these fines may pay dividends when the small banks and lenders are crushed under legislation that was meant to be the big banks' "punishment."
What this means:
Though Wells-Fargo must pay $185 million in fines to the government, they have only paid customers affected a total of $2.5 million in the form of returning fees collected due to the fake accounts they set up. Yet $100 million of the fine will go to the Consumer Financial Protection Bureau's Civil Penalty Fund.
The Civil Penalty Fund was part of the Dodd-Frank legislation, and was set up to pay back victims of financial crimes. But if the agency has money left over, they can use it for their own purposes, including educating consumers. This education could be in the form of supporting new regulations, which end up helping the big banks. So did Wells-Fargo just simply pay $100 million for a marketing campaign to support legislation and regulation that will help kill their competitors?
Wells-Fargo will forge on, just as they did after Dodd-Frank, to find new ways to manipulate their customers. The small banks, however, could very well disappear with each new wave of regulation supposedly aimed at stopping Wells-Fargo from doing what they keep doing regardless. Consumers will be forced to deal with such shady big banks, having had their other options destroyed by regulation.
Source : sovereignman.com
The land of Liberty to become the Land of Hillary #socialistnightmare @investorseurope
Salon talks to writers from "Late Night with Seth Meyers," "The Daily Show" and "Full Frontal with Samantha Bee"
"The political climate hasn’t gotten clearer or calmer, and grinding out these programs night after night or, in some cases, week after week, hasn’t gotten easier."
The world’s biggest YouTuber, fired by Disney, needs to start putting actual thought into his material.
"Comedy is hard. It’s hard for amateurs; it’s hard for professionals; it’s hard for dads across the globe."
The premiere episode of HBO’s Crashing titled “Artie Lange” provides a twist – the leading character Pete (Pete Holmes), a wannabe stand-up comedian, is a Christian and works his faith into ordinary conversations. How refreshing.
"He says he studied at a Christian college to be a youth pastor before deciding to pursue his dream of being a comedian"
"Complete with jokes about tiny hands, foreign policy and plenty of cheeky innuendo."
Ryan Hamilton’s standup act is a rare breed of clean, observational comedy, likely due to his upbringing in a Mormon family. He left the potato-farming…
"It’s never easy for comedians to have relationships who travel as much as I do. "
Mike Pence also said the US remains committed to Europe, despite recent criticism by Donald Trump.
"Mr Trump's comments on Brexit and the role of Nato have unsettled allies."
The journalist had movingly shared his experience of coping with cancer on BBC Radio 4.
"Hewlett died on Monday morning while listening to Bob Dylan with his family at the Royal Marsden Hospital in west London."
Takeover talks should not make Vauxhall workers worry about their jobs, the business secretary says.
"PSA owns both Peugeot and Citroen and its interest in buying the GM businesses was announced last week."
More than 100 workers say they lost their jobs after Thursday's protest in support of immigrants.
"The protest aimed to highlight the contribution of immigrants in the US."
The government warns the House of Lords not to "frustrate" Brexit, as debate of its bill begins.
"Opposition and crossbench peers are seeking guarantees about the rights of EU citizens in Britain and the role of parliament in scrutinising the process."
A famine is declared in parts of South Sudan following civil war and economic collapse.
"There have been warnings of famine in Yemen, Somalia and north-eastern Nigeria, but South Sudan is the first to declare one."
Welcome to TrumpBeat, FiveThirtyEight’s weekly feature looking at how developments in Washington affect people in the real world. Want to get TrumpBeat in your …
"The company’s CEO said he needed to wait and see what Congress and the White House have planned for the marketplaces before he could commit to 2018."
Pakistan kills suspected militants in Sindh and the north-west, and fires rockets into Afghanistan.
"Pakistan has reacted with raids across the country and by lashing out at Afghanistan which it accuses of tolerating militant sanctuaries."
Unilever, which makes Marmite and PG Tips, snubs a £115bn takeover offer from US food giant Kraft.
"The US food company attracted political scrutiny when it bought Cadbury in 2010, although it later spun the UK chocolate maker off into another company."
Probe finds the student inadvertently produced the dangerous chemical during "a routine procedure".
"The university said it was reviewing its procedures to "determine whether additional checks" could be carried out before similar work."
bitcoin price could hit $3,678 if the Securities and Exchange Commission (SEC) approves the Winklevoss ETF on March 11.
"It is not the only investment researcher to predict a rush on bitcoin should the SEC approve the Winklevoss ETF."
Food should be fortified with the vitamin for improved health, researchers claim.
"The immune system uses vitamin D to make antimicrobial weapons that puncture holes in bacteria and viruses."
Canadian tennis player Genie Bouchard joins a 20-year-old fan for a date after losing a Twitter bet.
"Ms Bouchard, 22, clearly a woman of her word, tweeted a picture of herself and Mr Goehrke en route to a New York basketball game."
Canada's PM says a major trade deal with the EU will especially help middle-class workers.
"Most trade tariffs will be removed. But critics say Ceta could erode hard-won welfare and environmental safeguards."
A second ballot is being held at Muirfield golf course on whether to admit female members.
"Motions require two-thirds of its eligible voters to back the move. Only 64% previously voted in favour."
A car bomb in southern Baghdad kills at least 48 people - the third such blast in three days.
"On 2 January, at least 35 people were killed in a bomb blast in Sadr City, in an attack claimed by IS."
Father said his son was "disturbed" and needed help after his arrest for an incident at family home.
"On Thursday, his father appealed for help finding him, saying he was "disturbed" and needed urgent help."
What are the rules behind the great British pastime of standing in line?
"People will wait for six minutes in a queue before giving up and are unlikely to join a line of more than six people, researchers at the University College London found."
A shift in attitude by Church of England clergy and Trump's troubles with US intelligence chiefs make the news.
"The paper says it's vital the the UK establishes a migration policy "that ensures that British workers feel the benefits of the government's job creating policies"."
Police finish their post-mortem on Kim Jong-nam's body and are searching for more suspects.
"Police say they have now finished their post-mortem examination, though the results have not yet been made public."