Wednesday, September 23, 2009

Abraham Lincoln Program in Belvidere

six degrees of seperation .

On Friday, September 25--Six Degrees of Abraham Lincoln” in Room 3 at the Keen Age Center, 2141 Henry Luckow Lane in Belvidere at 3:00 pm. The program is free and open to the public.

Click on the following for more informationTriblocal - St. Charles - Story / Abraham Lincoln Program in Belvidere

America armed, but guns not necessarily loaded

Fear of gun control legislation causes problems 

Americans usually buy about 7 billion rounds of ammunition a year, according to the National Rifle Association. In the past year, that figure has jumped to about 9 billion rounds

Click on the following for more details:   America armed, but guns not necessarily loaded - Yahoo! News

US, Switzerland sign treaty increasing information exchange to counter tax evasion

Since March, Switzerland has signed 11 tax information exchange agreements, one short of the number required by OECD [ a Common Market Org] for it to be removed from a 'gray list' of uncooperative tax havens

U.S. tax authorities will be able to request information on Americans suspected of concealing Swiss bank accounts, the Swiss Finance Ministry said.
The treaty forbids so-called 'fishing expeditions,' meaning U.S. authorities have to provide specific details on the person they are seeking further information about and can't simply ask for wholesale lists of Americans with Swiss accounts, the ministry said.

US, Switzerland sign treaty increasing information exchange to counter tax evasion -- chicagotribune.com

Potato farmers hope they can woo McDonald's with new variety of spud

It's a card game where McDonald's holds nine-tenths of the cards," said Jeanne Debons, the Potato Variety Management Institute's director.

A decade has passed since the fast-food giant last added a new U.S. potato variety to three others approved for its golden fries, something that both irks and motivates potato researchers who hope their progeny will be next.

In March, three activist investor groups won an agreement from McDonald's to promote best practices to cut pesticide use by its American potato suppliers. [so a new variety maybe needed]

Read more details:  Potato farmers hope they can woo McDonald's with new variety of spud -- chicagotribune.com

Manzullo to Geithner: Enforce Existing Regulations Before Heaping New Level of Bureaucracy on U.S. Financial Sector

a massive new federal agency that would create new burdensome regulations on America’s financial institutions and hamper access to credit and efforts to restore our economy. During the questioning, Manzullo pointed out that the Fed had the authority to crack down on risky mortgages years ago but failed to act.

Click on the following for more enformation and to see Manzulo’s video:  Manzullo to Geithner: Enforce Existing Regulations Before Heaping New Level of Bureaucracy on U.S. Financial Sector - Inbox - Yahoo! Mail

Chemtool move likely a boon for taxes -

Jim Athans’ final plan? Sell/lease old Beloit TIF site to someone else and move into Woodward plant in Rockton.

The pressure is on him to get some business in there,” Winters said. “He’s paying himself back out of that $2 million,” which had been part of an agreement between Athans and the village for investing in a Chemtool tax increment financing district

Now the move will actually cost Athans because the building is not in a TIF district.

Winters suspects that Athans will try to sell the old Beloit Corp. property he previously bought to make up for that.

Chemtool move likely a boon for taxes - Rockford, IL - Rockford Register Star

hurry-up-and-credit-my-account.html: Personal Finance News from Yahoo! Finance

Good explanation of “holds” on checks. 

five-year anniversary of when the federal law known as Check 21 took effect. The law allows banks to turn paper checks into digital images and settle them electronically instead of shipping bags of paper around the country on airplanes. Once banks embraced the new procedures, money disappeared from your account much faster when you wrote a check. But the old laws on how quickly banks must credit your account when you make a deposit did not change at all. They still haven’t. In fact, they haven’t changed in more than 20 years.

Click on the following for more detailshurry-up-and-credit-my-account.html: Personal Finance News from Yahoo! Finance

Fed, Seeing Recovery, Holds Steady on Rates - NYTimes.com

fedmeeting190

keep its benchmark overnight interest rate at virtually zero for “an extended period.” That almost certainly means until at least some time in 2010.

Click on the following:  Fed, Seeing Recovery, Holds Steady on Rates - NYTimes.com