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Warren Buffet(ed)

Why he supports the Estate Tax – “You may not have heard of the Berkshire Hathaway company, but you’ve probably heard of its owner. Warren Buffet, the CEO of Berkshire Hathaway, is the world’s second-richest man and one of the most famous philanthropists of our time. . . “. . . Berkshire Hathaway’s insurance group specializes in life insurance and annuities — retirement investments that return payments over time. Berkshire Hathaway also offers specialty insurance for commercial property, construction, and workers’ compensation. “Berkshire Hathaway owns two other large insurance companies: GEICO and General Re. GEICO is one of the leading providers of auto insurance in the United States. General Re is a “reinsurance” company — it sells insurance to other insurance companies.” Hat tip: Berkshire Hathaway Example of personal gain –

“Life insurance for inheritance tax planning” “It has to be said that life insurance as a solution for inheritance tax planning is the place of last resort.

“A lot of advisers fail to point that out owing to the fact that they get commission for selling life insurance and the fact that a lot of financial advisers lack the experience in the IHT market to actually solve the problem without re4esorting to life cover.

“That said there is still a place for life cover but only, as I have said, as a last resort.

“This site and all our advisers will aim to mitigate the majority of IHT liability but when all that can be done has been done there is still the option of just covering the liability left and that will then pay of the tax when due, ensuring that the estate remains intact for your beneficiaries.

“There are essentially two types of life insurance policies associated with inheritance tax planning.

“Policy type one – Gift inter […]

Is president Onama a ‘natural-born citizen’ as Constitution requires

Alien in the White House

WASHINGTON – Is this the case that will break the presidential eligibility question wide open?

The Supreme Court conferred today on whether arguments should be heard on the merits of Kerchner v. Obama, a case challenging whether President Barack Obama is qualified to serve as president because he may not be a “natural-born citizen” as required by Article II, Section 1, Clause 5 of the U.S. Constitution.

Unlike other eligibility cases that have reached the Supreme Court, Kerchner vs. Obama focuses on the “Vattel theory,” which argues that the writers of the Constitution believed the term “natural-born citizen” to mean a person born in the United States to parents who were both American citizens.

“This case is unprecedented,” said Mario Apuzzo, the attorney bringing the suit. “I believe we presented an ironclad case. We’ve shown standing, and we’ve shown the importance of the issue for the Supreme Court. There’s nothing standing in their way to grant us a writ of certiorari.”

If the Supreme Court decides to grant the “writ of certiorari,” it may direct a federal trial court in New Jersey to hear the merits of the case, or it may choose to hear the merits itself. The court’s decision on the writ could be announced as early as Wednesday.

If any court hears the merits of the case, Apuzzo says it will mark the “death knell” for Obama’s legitimacy. “Given my research of what a natural-born citizen is, he cannot be a natural-born citizen so it’s a death knell to his legitimacy. What happens on a practical level, how our political institutions would work that out, is something else,” Apuzzo told WND.

Apuzzo observed it is “undisputed fact” that Obama’s father was a British subject.

A hearing on the merits “is also […]

Dancing wit the Stars – Bristol Palin

Dancing with the Stars – Bristol Palin

Sarah Palin’s daughter Bristol won through to the final of hit US show “Dancing with the Stars”, bouyed by public support in defiance of judges’ skepticism about her dance floor talents.

As her mother continues to shine in the political spotlight, the 20-year-old is enjoying the media limelight generated by her unexpected success on the hugely popular TV talent show.

Palin was again ranked last by judges in the semi-final of the show, in which celebrities partner with professional dancers, but voting by viewers pushed her score with partner Mark Ballas up into third place.

Singer Brandy broke down in tears after being knocked out, although her partner Maksim Chmerkovskiy conceded: “People vote and their voices count, and I love the fact that the show represents that.”

Former “Dirty Dancing” star Jennifer Grey and her partner Derek Hough jumped with joy when they learnt they were through to the final, as did actor-singer Kyle Massey and professional ballroom dancer Lacey Schwimmer.

Like her mother, Bristol is a hit with the public despite experts’ scorn, in what some commentators say could take the younger Palin all the way to the top in next week’s final.

“Bristol will now go on to win the whole shebang. She doesn’t deserve it. Everyone knows it, even, I suspect, the people who keep voting for her,” predicted Lisa Gutierrez on the Kansas City Star newspaper’s website.

Bristol’s success comes as her mother, the former governor of Alaska, solidifies her own life in the spotlight with her own reality show launched at the weekend, fueling speculation about her 2012 White House plans.

The former governor of Alaska burst onto the national stage like a supernova in 2008 when Republican presidential nominee John McCain picked her to be his […]

Obama’s Visit to Mumbai – $200 Million per Day

Obama Mumbai

The US would be spending a whopping $200 million per day on President Barack Obama’s visit to the city.

“The huge amount of around $200 million would be spent on security, stay and other aspects of the Presidential visit,” a top official of the Maharashtra Government privy to the arrangements for the high-profile visit said.

About 3,000 people including Secret Service agents, US government officials and journalists would accompany the President. Several officials from the White House and US security agencies are already here for the past one week with helicopters, a ship and high-end security instruments.

“Except for personnel providing immediate security to the President, the US officials may not be allowed to carry weapons. The state police is competent to take care of the security measures and they would be piloting the Presidential convoy,” the official said on condition of anonymity.

Navy and Air Force has been asked by the state government to intensify patrolling along the Mumbai coastline and its airspace during Obama’s stay. The city’s airspace will be closed half-an-hour before the President’s arrival for all aircraft barring those carrying the US delegation.

The personnel from SRPF, Force One, besides the NSG contingent stationed here would be roped in for the President’s security, the official said.

The area from Hotel Taj, where Obama and his wife Michelle would stay, to Shikra helipad in Colaba would be cordoned off completely during the movement of the President.

Source

Can a Camel go through the eye of the needle

“It is easier for a camel to go through the eye of a needle than a rich man to go to heaven . . .”

Many people have used this verse to coerce affluent people to give up their money. Just as they say that money is the root of evil, they have misrepresented the scripture for it says the LOVE of money is the root of evil. It is greed not money.

Here is the real meaning of the camel going through the eye of a needle:

In the days of Jesus all cities were fortified with an outer wall which required anyone entering the city to pass through a gate. On the wall surrounding Jerusalem there was a gate called “The Eye of THE Needle” due to the following reason-

Although using this gate was a definite shortcut that cut miles off your trip, the route through this entrance was not comfortable for the camel. The animal would literally have to get on its knees and crawl through the tiny entrance. Between it being very, very uncomfortable for the animal, it was also an effort to get the stubborn mammal to do it (have you ever tried to push a camel on its knees? And you thought pulling a mule was a hassle! LOL). So, if you succeeded in getting the camel through, it was worth it.

Now you know that a camel CAN go through the Eye of the Needle! Don’t let anyone tell you different !