400 Richest Americans Pay 18% Tax Rate, Ron Paul Gets HUGE Iowa Endorsement, U.S. Closer To Losing AAA, Matt Taibbi On Corporate Tax Holiday, Kunstler On Debt Ceiling Charade, Radioactive Cesium In Japanese Beef (LINKS)

Stories from around the web this evening.

The 400 Richest Americans Pay An 18% Tax Rate - Forbes

Ron Paul gets HUGE endorsement ahead of crucial Iowa contest - CNN

Reuters Analysis - United States gets closer to losing AAA rating

IMF tells US to raise debt ceiling and cut spending - BBC

Matt Taibbi - Corporate Tax Holiday in Debt Ceiling Deal - Where's the Uproar?

Nobody Knows Anything - Must Read - James Howard Kunstler

GOP Planning Obama Impeachment After Bipartisan Debt Plan Rejected - Politico

Oil At $120 Becomes Biggest Energy Bet As Futures Predict Huge Rise - Bloomberg

Congressional Staffer - Dodd-Frank Made ZERO Structural Changes to Banking System

Meet The Fed’s QE2 Traders, Who Were Buying Bonds By The Billions

Moody's Calls Greece Bailout A DEFAULT - Upsetting Euro Leaders & Hurting Banks

Greece - Two Bailouts and a Funeral - Cartoons

FLASHBACK - Gov. Schwarzenegger Says F*CK You To California Legislature

Reuters - Excerpts from 1,500-page Norway killer manifesto

Radioactive Beef Sold in 174 Supermarkets Across Japan - Bloomberg

Threat to Japanese Food Chain Multiplies as Cesium Contamination Spreads - Bloomberg

Dr. Phil - TSA Thugs Beat Girl At Reagan National Airport Causing Brain Injuries

China officials find 5 fake Apple stores in 1 city

Comments

[DailyBail]

Sen. Schumer, Liberal Democrat, Signs Off On No Taxes On Wealthy

http://news.yahoo.com/sen-schumer-liberal-democrat-signs-off-no-taxes-150448060.html

[DailyBail]

DNA experts highlight problems with Knox case

http://news.yahoo.com/dna-experts-highlight-problems-knox-case-132855930.html

[DailyBail]

LOS ANGELES (Reuters) - A collection of Chinese cups carved from rhinoceros horns has become the most valuable find in the 16-year history of the television program "Antiques Roadshow" in the United States.

http://news.yahoo.com/chinese-rhino-cups-set-antiques-roadshow-record-195400611.html

[DailyBail]

Challenging Obama, House GOP unveils new debt bill

http://news.yahoo.com/challenging-obama-house-gop-unveils-debt-bill-182142062.html

[DailyBail]

Teen thought he would die in Alaska bear attack

http://news.yahoo.com/teen-thought-die-alaska-bear-attack-215639091.html

[DailyBail]

http://budget.house.gov/News/DocumentSingle.aspx?DocumentID=253640

A TRILLION-DOLLAR GIMMICK

July 25, 2011

“Why, one wonders, not ‘save’ $5 trillion by proposing to spend that amount to cover the moon with yogurt and then cancelling the proposal?”

[DailyBail]

South African man wakes after 21 hours in morgue fridge

http://news.yahoo.com/safrican-man-wakes-21-hours-morgue-fridge-171000467.html

[DailyBail]

Samsung Electronics Co., maker of the Galaxy mobile phone, may have surpassed Nokia Oyj and Apple Inc. in smartphone sales for the first time on demand for devices that run on Android software, a research company said.

http://www.bloomberg.com/news/2011-07-24/samsung-may-have-surpassed-nokia-apple-in-second-quarter-smartphone-sales.html