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Thursday, April 22, 2010
4/20 poll.
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Spending is their Favorite.
Both the national Democratic and Republican party committees spend about two-thirds of the money they take in on the care and comfort of committee staffs and on efforts to raise more funds, with lavish spending on limousines, expensive hotels, meals and tips, an analysis of the latest financial disclosure data shows. Monthly committee spending reports, like those that were due by midnight Tuesday, illustrate cultures in which vast sums are consumed with limited accountability, a Washington Post review has found. Neither committee appears to have clear internal spending guidelines, and their reports do not explain hefty expenditures in categories such as "office supplies" and "tips" that consume tax-exempt party funds...Link
Value-added tax may be an option.
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Banks Should Pay for Future Bailouts.
WASHINGTON (AP) — The International Monetary Fund is recommending that banks and other financial institutions pay fees to cover the cost of any future government bailouts.
The proposals were requested by the "Group of 20" countries with the largest economies and will be discussed at a meeting of finance ministers and central bank governors in Washington this week...Link
The proposals were requested by the "Group of 20" countries with the largest economies and will be discussed at a meeting of finance ministers and central bank governors in Washington this week...Link
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