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UNCLE-SAM

The Wire

House votes to extend tax on wealthy estates

The House voted Thursday to indefinitely extend a 45 percent inheritance tax on estates larger than $3.5 million, canceling a one-year repeal of the tax set to begin next month. Complete Story...

SPIN METER: Feds buy green cars, auction rejects

If you missed out on Washington's cash incentive program to trade in your old clunker, Uncle Sam still has a deal for you: The government will sell you rejects from its own fleet, even as it makes dealers scrap all those old cars that were collected from the public.

Muted commemoration as Hawaii turns 50 as a state

Hawaii welcomed its entry as the 50th state with a new postage stamp Friday but independence supporters marked the day with passionate protest — including an effigy of Uncle Sam being beaten and Hawaii's star cut out from the U.S. flag.

ALL BUSINESS: Uncle Sam helps boost bank earnings

Bank CEOs should give Uncle Sam a little kudos in their earnings reports. Without the U.S. government's help, financial companies wouldn't be showing such stellar results in the midst of a recession.

Uncle Sam to pond scum: I want you!

Somewhere among the beakers and the bubbling green-tinged tanks in this Utah State University lab, Jeff Muhs is searching for champion pond scum for Uncle Sam.

Embrace America's history, culture, natural beauty

Uncle Sam wants you — to get off your duff, go outside and take advantage of National Park Week. And with some sort of park, monument or historic site in 49 of the 50 states (sorry, Delaware), it’s not that hard to do.

5 things to know about taxes if you're unemployed

Unemployment catches many people off guard, but losing your paycheck doesn't get you off the hook with Uncle Sam.

Battle over UBS secret accounts to take months

A federal judge decided Monday it will take months to determine if and when the Internal Revenue Service will learn the identities of 52,000 wealthy Americans who have secret accounts at Swiss bank UBS AG.

As unemployment rises, Uncle Sam has jobs

The economic downturn has forced private industry and state and local government to shed jobs, but one major employer in the country is hiring: The federal government.

For military, bad economy aids recruiting

Uncle Sam wants you, and in a poor economy, you might want Uncle Sam, too.

Fed reduces benchmark rate to as low as zero

The Federal Reserve, urgently rewriting its playbook to fight a deepening recession, cut its benchmark interest rate to as low as zero Tuesday, a surprisingly strong step that should make it cheaper for Americans to borrow on credit cards and pay their mortgages.

Mortgage plan shows increased gov't role

If you're looking for a mortgage, Uncle Sam may be the only game in town.

US has dwindling number of tools in econ crisis

What's left in Uncle Sam's economic tool kit?

Uncle Sam taps piggy bank, borrows to aid market

Where does Uncle Sam come up with huge sums of money during a financial emergency? Like the rest of us, the government taps its reserves and borrows if it needs more.

US government takes on big role in mortgage market

Uncle Sam has just become the 800 pound gorilla in the U.S. mortgage market. The Bush administration is seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged housing and credit crisis.

Poll: More Using Tax Refunds for Bills

One in three people say they will use this year's tax refund to pay bills as that nice annual check from Uncle Sam becomes less of a luxury for many people.

How the government spends your taxes

If you haven’t already, you’ll soon sit down and sign your tax return — the annual accounting of what you owe the government. Like many tax filers, you're probably asking yourself: Just where does my money go when the government gets its hands on it?

There Are No Free Rides to Outer Space

Brian Emmett's childhood fantasy came true when he won a free trip to outer space. He was crushed when he had to cancel his reservation because of Uncle Sam.

The Vine

What does Race or Ethnicity have to do with our Children's education? Poll

The question is an honest one, perhaps someone can answer it for me because I don't get it.

How The AIG Bailout Worked: Enron Style Accounting Brought To You By Uncle Sam and the Federal Reserve
Source: Talking Points Memo

We don't know who AIG's counter parties were, i.e., who got the money. And the folks at the Fed and the Treasury aren't saying. But there are a lot of snippets and shreds of information out there that do allow us to get a decent picture of who some of the major beneficiaries are.

Service Members Wary About Obama
Source:

Good article about the militayr's perception of Obama!

Never Sleep With An Elephant

I have always encouraged caution to companies that sleep with an elephant. If it rolls over you're dead. I know how crushing that is because I have done it and been killed. Too bad I was never hired as a consultant to General Motors.

Uncle Sam and White Water (Rafting)

I have this annoying picture in my head. It's a kind of animated cartoon, like the Simpsons and it would be funny if it wasn't so tragic. It goes like this: there's this big inflatable raft, like the ones that folks go white water rafting on.

Uncle Sam And Oil
Source: Forbes

Suppose for a moment that Congress listens to President Bush's remarks Wednesday and removes the decades-old ban on offshore drilling for oil and natural gas on the Outer Continental Shelf. Who wins, aside from the oil industry?

The Federal Reserve: Banking is Dirty Work

"Too many bubbles have been going on for too long…The Fed is not really in control of the situation." Former Federal Reserve Chairman Paul Volcker admits the economic situation in the U.S. is out of control.

Galloway column: Asking too much of too few
Source: mcclatchydc.com

Mullen told the junior officers that his service dates back to the Vietnam War, and he remembers vividly how our military was broken at the end of that war, and how hard it was to repair the damage. He said he doesn't want to see the current wars break the force again.

10 Reasons Why Russia Can't Trust Uncle Sam
Source: mnweekly.ru

The West says that it is perplexed by Russia's "aggressive" behavior of late, and suggests that Moscow is desirous to regain its past superpower status, and even a little empire. But if cashing in on oil is imperialism, how do we explain the following U.S. moves:

informationliberation - Bilderberg Club - the Mother of all Secret Societies
Source: informationliberation.com

In 1954, the most powerful men in the world met for the first time under the auspices of the Dutch royal crown and the Rockefeller family in the luxurious Hotel Bilderberg of the small Dutch town of Oosterbeek. For an entire weekend, they debated the future of the world.

None of Uncle Sam's business: why do the police waste their time on escort services, fortune tellers and medical marijuana users?
Source: EW.com

So-called "D.C. madam" Deborah Jeane Palfrey will not go down without a fight. She has shared her escort service's phone records with ABC News and inspired the resignation of State Department foreign-aid chief Randall Tobias.

Army to Bloggers: We Won't Bust You. Promise.
Source: Wired News

The Army appears to be backing away from new regulations that require soldiers get their approval from their bosses before they blog and send e-mail.

Feds frown on Net sales of commuter benefits | CNET News.com
Source: CNET

At least $17 million was wasted by Uncle Sam last year on federal employees who intentionally collected excess public transit benefits--at times, only to turn around and pawn them off illegally on eBay and Craigslist.

Under what conditions would you fight for the USA?

News of Charlie Rangel's plan to re-institute the draft concerns me as a citizen. It seems like Rangel (D-NY) believes that political leaders will be less inclined to go to war if the stakes were higher.

Who invented Uncle Sam?
Source: The Winston-Salem Journal

A. The first illustrations of an Uncle Sam appeared in the 1800s. The fictitious character appeared in political cartoons as a satirical symbol of the paternalistic nature of our government.

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