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Don't Panic! Increasing CGT Decreases Tax Revenue!

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Uploaded by on May 30, 2010

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-2...

Caja Madrid, Five Smaller Banks in Merger Discussions (Update2)
http://www.businessweek.com/news/2010-05-28/caja-madrid-five-smaller-banks-in...

Spain orders banks to come clean on debts to restore shattered faith:
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7773427/Spai...

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/Spai...

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/Capit...

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...

  • likes, 4 dislikes

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Uploader Comments (FeverIAm)

  • hot singer chics - now there's something i can get behind

  • @marpoq and under them? ;-)

    ROFLMAO yes I know; but not the reason I promote them. Real talent should be highlighted :-)

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All Comments (121)

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  • who gives a shit, really ?

  • Yes, the answer is very simple, the super-rich, they 'gift' their property/assets to the various trusts they have.

  • So WHO owns this "over power", which degrades a NATION form AA to AA+ ?

    And WHO put them in charge of running th eworld's banks ?

  • @mini14tx1

    brilliant analysis

    i hope few politicians see this

  • Hi Mike. FINALLY you do a whole piece on Spain and the financial crisis here. You know the sad thing is that I see that Spaniards have not faced up to reality. Of course one mayor factor that affects the UK alot of the Spanish Banks are now stablished in the UK.. Thanks for your comments from your number one fan from sunny Spain x ME p.s you look great!! Hasta luego, amigo!!

  • Check out EUParliament and Daniel Estulin's speech there June1.2010

  • Everytime I watch one of those pig shit commercials at the start of your videos I feel myself compelled to unsubscribe...but then i breath and endure Celine Dion and Preparation H or whatever shit they are peddling.

    Your videos are very informative.

  • US MINT SUSPENDS PRODUCTION OF GOLD AND SILVER COINS AND BARS

    GOOGLE [ US MINT OUT OF SILVER ]

  • @fungoolied Oh the irony. You not realising that we've all become 'lazy' because of Google! lol

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