Death Epidemic Precedes Estate Tax Renewal

Friday, July 30, 2010

By Boris Muertas, TYDN Tax Affairs Writer
NEW YORK -- (TYDN) Heirs are pulling the plug on loved ones in record numbers to beat a New Year's deadline when a massive inheritance tax becomes law, TheYellowDailyNews has learned.

An investigation by TheYellowDailyNews confirms that heirs, from California to New York, are hastening deaths of their relatives in a bid to take advantage of an estate tax loophole expiring at year's end. Worldwide gold prices have been plummeting to less than $1,000 a troy ounce, as a deluge of gold-tooth fillings floods the market.

"Christ, the old dirtbag was going to die sooner or later, and later would have cost me a lot of money in taxes," one benefactor of the loophole told TheYellowDailyNews on condition of anonymity. "It was the best advice my accountant has ever given me."


Analysts praised the quirky tax law as the preferred method of social engineering since Darwin. Websites doling out death advice have cropped up across the Internet.

One website, Whack Your Grandma to Keep Uncle Sam at Bay, suggested pushing your aging relatives down the stairs to beat the deadline.

"If they survive the 'Slip and Fall Method,' try the 'Old Pillbox Switcheroo.' It's foolproof," the Whack Your Grandma to Keep Uncle Sam at Bay site recommends.

In 2009, Congress passed legislation nullifying the federal inheritance tax beginning in 2010. But it comes back in 2011. The top rate is 55 percent. The exemption will shrink from $3.5 million per individual in 2009 to just $1 million in 2011, potentially affecting eight times as many taxpayers.

On a $5 million estate, the tax consequence of dying a minute after midnight on Jan. 1, 2011 rather than two minutes earlier could be more than $2 million. On a $15 million estate, the difference could be about $8 million.

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Oil Execs Clamor to Mimic Ousted BP Chief

Wednesday, July 28, 2010

by Peirce Braslalames, TYDN BP Oil Spill Affairs Writer
NEW YORK -- (TYDN) Oil company chief executives are mulling whether they should pollute oceans and coastlines with black goo, as BP did, so they can be fired and automatically reap severance packages worth tens of millions of dollars, TheYellowDailyNews has learned.

Crews ignited oil spewed from BP's Macondo well
Several chief executive officers of oil companies said they were considering becoming responsible for massive oils spills so they can be terminated and promptly collect multi-million-dollar severance packages as did Tony Hawyard, BP's chief executive, according to an investigation by TheYellowDailyNews.

These executives, who spoke to TheYellowDailyNews on condition of anonymity, said they were seriously thinking about following Hayward's path to an immediate lifetime of riches even if it meant mimicking BP and soiling hundreds of thousands of miles of ocean and coastline.

Environmentalists said the investigation by TheYellowDailyNews showed that chief executives of oil companies should have their salaries dramatically increased. The higher their salaries, the least likely an oil spill would occur under these executives' watch, environmentalists said.

"The only incentive to keep these executives from being derelict in their duties is to ensure that they can reap substantially more millions of dollars than the millions they would be paid if their companies soiled oceans and coastlines," Carl Pope, the Sierra Club chairman, said in an exclusive interview with TheYellowDailyNews. "We applaud the president's swift response to this crisis."

President Barack Obama proposed that Congress authorize $10 million annual taxpayer bailout packages to dozens of oil company chiefs to avert another oil spill.
Hayward was ousted Monday and handed an $18 million severance package after BP became responsible for the United States' largest man-made environmental disaster. BP's Deepwater Horizon's Macondo well spewed millions of barrels of oil into the Gulf of Mexico for three months, polluting thousands of miles of ocean and coastline from Texas to Florida before it was temporarily capped last week.

Republicans, however, said the president's response to Hayward's ouster was too little, and too late.

Mitch McConnell, the GOP Senate majority leader from Kentucky, said in an exclusive interview with TheYellowDailyNews that Obama's dealing with the BP spill underscored that the president was a socialist who pretends to be an environmentalist.

"That the Obama administration demanded that BP set up a $20 billion fund to compensate those harmed by the spill," McConnell said, "underscores the president's Marxist ideology and how little he cares about the environment."

Photo Top: SkyTruth
Photo Bottom: John Repka 

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Obama Tells Bankers' Moms About Lavish Bonuses

Monday, July 26, 2010

by Jason Blaire, TYDN Bailout Affairs Writer
WASHINGTON -- (TYDN) President Barack Obama, adopting his toughest position against bankers who received $2 billion in bonuses as the troubled banks received hundreds of billions of bailouts, said Monday he planned to "tell these executives' moms about their egregious behavior," TheYellowDailyNews has learned.


"The mothers, I'm sure, would be alarmed and would want to spank their kids," Obama said at a White House Rose Garden news conference.

Republicans decried the announcement, saying the president had once again gone too far by attempting to interject socialism into American capitalism.

"That the administration begged the banks to loan out the bailout money to Americans was itself an embrace of socialist ideals," said Mitch McConnell, the GOP Senate majority leader from Kentucky, in an exclusive interview with TheYellowDailyNews. "Obama's egregious tattletaling takes his socialism to the next level and threatens to undermine our entire financial system."

The brouhaha comes days after Kenneth R. Feinberg, the Obama administration's special master for executive compensation, named 17 financial companies that made questionable payouts (.pdf) totaling nearly $2 billion after accepting billions of dollars of taxpayer aid. Feinberg said these payments were "ill-advised" and "against the public interest," but admitted he had "no authority whatsoever" to recoup the money.

To be sure, paydays on Wall Street are soaring. Goldman Sachs is expected to pay an average of $544,000 per worker in salary and bonuses. At JPMorgan Chase, it's $425,000. Morgan Stanley employees stand to reap an average $260,000.

Feinberg, who Obama named to oversee the $20 billion BP fund to handle claims from the Gulf of Mexico spill, praised the president for being tough on the banking executives.

"This was a huge concession on behalf of Obama, who was thinking about taxing these bonuses," Feinberg said in an exclusive interview with TheYellowDailyNews. "Some of these executives' moms, I've been told, have paddles with holes in them."

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Obama Energy Policy Touts 'Prayer' in BP Spill Aftermath

Friday, July 23, 2010

by Thornhille Broome, TYDN Editor at Large
WASHINGTON -- (TYDN) In an about-face, the Obama administration announced the nation's newest energy policy here early Friday, an ambitious plan in which "prayer" is its foundation, TheYellowDailyNews has learned.

The move, in a bid to get Republicans to join him, was a dramatic concession from an Obama energy policy that had been based on a "hope" that there would be enough affordable energy for the nation's future without completely ruining the environment.

Obama aides, speaking to TheYellowDailyNews on condition of anonymity, said privately that the BP oil spill brought home to the president that his "Hope Policy" needed to be superseded by prayer.

"We can no longer just hope that our lack of an energy policy works out, we need to pray that it does," an Obama aide familiar with the president's thinking told TheYellowDailyNews on condition of anonymity.

Analysts, who cautioned that the plan might not survive a First Amendment analysis, said it was the most far-reaching energy plan to date following the government's policy of allowing nuclear power plants to store radioactive waste in concrete tombs next to oceans, rivers and neighborhoods.

Analysts contacted by TheYellowDailyNews also said that the "Prayer Plan," which won out over a "Cross-Your-Fingers Plan," comes as BP attempts to permanently seal the Deepwater Horizon well that has spewed millions of barrels of oil into the Gulf of Mexico.

Obama, speaking to reporters here in the White House Rose Garden, acknowledged that he should have come forward with the "Prayer Plan" earlier. Still, he said, "I am announcing this just in time so we may all pray that the cap on the BP well holds."

To be sure, Obama said that, even if the new plan doesn't work, the Gulf Coast coastline, from Texas to Florida, could become an oil reserve and perhaps drive down the cost of oil while making America safer. "This could help us wean ourselves from foreign oil that funds terrorism," Obama said.

Later Friday, the president is expected to meet with Harry Reid, the Senate majority leader from Nevada, to brief the Democrat on the plan.

"I think we have the votes to get this sweeping plan adopted," Reid said in an exclusive interview with TheYellowDailyNews. "Some of the Democrats concerned about the separation of church and state, I think, will come around because of the wisdom of Obama's policy."

Still, some Republicans suggested the policy did not go far enough. Mitch McConnell, the GOP Senate majority leader from Kentucky, said he is whipping up his party to demand Obama put forth an even stronger energy plan, one based "on a hope and a prayer."

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Parents Smash Computers Amid Digital Drug Craze

Wednesday, July 21, 2010


by Charles Krotchmeir, TYDN I-Dosing Affairs Writer
OKLAHOMA, Kan. (TYDN) -- Parents across the United States began destroying their children's computers Wednesday amid revelations their offspring might be getting high on Internet digital drugs masked as MP3 music files, TheYellowDailyNews has learned.

The computer devastation followed an Oklahoma News 9 broadcast here the day before that showed kids, some as young as 12, listening to music files that experts said induced a state of ecstasy. The newscast quoted leading drug authorities as saying certain music files found on certain music websites could be the gateway to real-world narcotics.

"Kids are going to flock to these sites just to see what it is about and it can lead them to other places,” Oklahoma Bureau of Narcotics and Dangerous Drugs spokesman Mark Woodward told Oklahoma News 9 in an exclusive interview.

A firefighter stands guard as parents, school districts ignite computers

Analysts said the frenzied destruction of computers was the biggest such protest following the 1966 "The Jesus Controversy," when John Lennon said the Beatles had become "more popular than Jesus." Like the Beatles records that were smashed and burned, parents were seen whisking away their children's computers and destroying them in fires, with their fists and feet.

"We're seeing protestant-like behavior today that was akin to the height of The Jesus Controversy," said Jason Blaire, a Columbia University revisionist historian. "As then and now, there have been widespread reports of the protesters talking in tongues, too."

The Oklahoma News 9 broadcast was first reported early Wednesday on TheYellowDailyNews' website.

To be sure, the Mustang Public School District here is not taking the i-dosing threat lightly.

In response to the Pulitzer reporting from Oklahoma News 9, administrators banned iPods, cell phones and computers in hopes of preventing students from becoming "cyber-drug fiends."

Meanwhile, at least one student was injured during the computer carnage, TheYellowDailyNews has learned.

A 14-year-old freshman, whose name was not divulged to TheYellowDailyNews because of his age, was rushed to a local hospital when he got too close to his principal igniting his school's 200 computers, according to sources familiar with the situation, in exclusive interviews with TheYellowDailyNews. These sources told TheYellowDailyNews on condition of anonymity that the boy was recently "i-dosing" and had bum-rushed the conflagration of computers while in a delirious state.

"Because of his i-dosing, the flames were crying out to him and calling him to come forward," one source told TheYellowDailyNews. The source told TheYellowDailyNews that the boy, who was listed in critical condition, suffered second-degree burns across 32.7 percent of his body.

Other allegedly more knowledgeable sources, speaking to TheYellowDailyNews on condition of anonymity, told TheYellowDailyNews that the boy was not i-dosing but instead was self immolating to protest the protest.

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Sierra Club Sad BP Oil Spill Didn't Soil Malibu

Monday, July 19, 2010

by Peirce Braslalames, TYDN BP Oil Spill Affairs Writer
MALIBU, Calif. -- (TYDN) The Sierra Club said Monday it wished the BP oil spill would have ruined Malibu and the Los Angeles-area coastline instead of the Gulf of Mexico and its surrounding seashore, TheYellowDailyNews has learned.

Oil drenched pelican off the Louisiana coast
The country's leading environmental group, in an exclusive interview with TheYellowDailyNews, acknowledged it was unfortunate the United States' biggest man-made environmental disaster did not pollute the ocean-front mansions of Barbra Streisand, Mel Gibson, Lindsay Lohan and Paris Hilton and other celebrities.

"We certainly think the public would have given a shit over the soiling of an ocean and coastline had it blackened the front lawns of Hollywood actors," Carl Pope, the Sierra Club chairman, said in an exclusive interview with TheYellowDailyNews. "The Hurricane Katrina survivors and their coastline just do not matter compared to Malibu. None of these people even own an iPhone4 for Christ's sake."

Greenpeace, which often has sparred with the Sierra Club over what Greenpeace has decried as the Sierra Club's "milquetoast stances," applauded the Sierra Club's position on the BP oil spill.

In an exclusive interview with TheYellowDailyNews, Greenpeace chair Kumi Naidoo said that it was of no environmental consequence that the BP oil spill devastation killed an ocean and blackened coastline a continent away from Malibu -- costing tens of thousands of fisherman and others their livelihoods.

"Our research shows that the majority of these bastards who lost their incomes don't even have HD television," Naidoo added in the exclusive interview with TheYellowDailyNews. "These people haven't even bought anything on the Internets and they don't even know what is the difference between Microsoft's and Apple's computer operating system. How whack is that? They deserved this."

BP, the Canadian oil concern whose Deepwater Horizon rig began April 20 spewing as much as 60,000 barrels of oil a day into the Gulf nearly a mile under the sea, disputed the findings of the Sierra Club and Greenpeace.

"Our Macondo oil well rupture could have happened anywhere across the globe," Lamar McKay, BP's president, said in an exclusive interview with TheYellowDailyNews. "It's just fortunate for us that the environmental atrocity blackened an area of the United States where, frankly, nobody gives a shit about. That Hurricane Katrina beat us to the punch really drives home that point."

Analysts applauded BP, saying it was the first time the oil concern was candid with the public following the devastating spill that blackened shores from Texas to Florida. In response to McKay's corporate frankness, BP shares reached a 52-week high even as sea life and tarred wildlife washed along the Gulf of Mexico-area shoreline.

The environmental groups, meanwhile, said they might turn negative on BP if its tentative cap that stopped the gusher Friday gives way. "If this Gulf spill begins anew and migrates to Malibu," the Sierra Club and Greenpeace said in a joint statement, " we're going to be pissed."

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Jobs Tells iPhone4 Users to 'Speak Slower, Clearer'

Friday, July 16, 2010

by Constance Mellone, TYDN Apple Affairs Writer
CUPERTINO, Calif. -- Apple Inc. chief Steve Jobs said Friday alleged reception problems with his best-selling gadget, the iPhone4, can be alleviated if users "speak slower, clearer and louder," TheYellowDailyNews has learned.

Jobs, addressing reporters here at the technology giant's headquarters, said user error is causing clarity and call-drop problems with the device, with 1.7 units sold since its June 24 debut.

"People just need to learn to use the device in a certain way, to speak slower, clearer and louder," Jobs said to a huge round of applause from hundreds of technology reporters here. "The phone's users are its only design flaw."

Analysts said it was the first time the Cupertino-based technology concern frankly acknowledged the user-error problem. Moments after Jobs' remarks, Apple's stock soared, reaching a 52-week high.

"Our hats are off to Mr. Jobs for finally coming clean and admitting what the iPhone4 problem was," Sanford C. Bernstein Co. analyst Toni Sacconaghi said in an exclusive interview with TheYellowDailyNews.

Jobs' comments were first reported early Friday on TheYellowDailyNews' website.

Apple summoned the media here in a hastily called press conference amid reports that the phone's antenna, when gripped on the lower left side, significantly reduced reception, sometimes dropping calls.

For those unable to use the phone "correctly," Jobs said, Apple would provide a 1-inch-long black strip of electrical tape to cover the lower left corner of the device. Jobs said that should increase antenna reception "despite iPhone4 users who cannot correctly operate the device." And he instructed Apple store employees to be "kinder, gentler" when dealing with iPhone4 users "too incompetent to place a phone call."

The blogosphere immediately blasted the electrical tape overture as not going far enough.

Wired's Gadget Lab complained that the tape was only offered in black. TechCrunch noted that it was unfair to charge iPhone users a $9.99 processing fee for the piece of tape.

Gizmodo, in a terse editorial, said it supported the plan but warned Apple that consumers should not have to "wait more than four hours in line to get their electrical tape."

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Wal-Mart Shoppers Stampede to Buy BP Oil Spill 'Collector' Quarts

Wednesday, July 14, 2010

by Elaine Pounder, TYDN Wal-Mart Stampede Affairs Writer
NEW ORLEANS (TYDN) – Six people were killed and scores injured at a Wal-Mart stampede here Wednesday as frenzied shoppers jockeyed to purchase "Collector's Edition" bottled quarts of BP oil reclaimed from the Gulf of Mexico spill, TheYellowDailyNews has learned.

Onlookers said a melee broke out in the automotive section as thousands of shoppers clamored to purchase the $39.99 quarts that went on sale for the first time. Analysts said it was the biggest Wal-Mart stampede since Christmas, when 4 people were killed after being trampled when a Wal-Mart in Laredo, TX., offered a two-for-one special on 18-ounce bags of pork rinds.


A makeshift recovery cap on the Macondo well of BP's Deepwater Horizon has recaptured hundreds of thousands of gallons of oil, some of which has been packaged in quart-sized bottles and placed on sale in selected Wal-Marts nationally. Still, the month-old spill continues unabated after a giant rubber band ball that sealed the gusher gave way days ago.

"It was bedlam," said stampede victim Jason Dorkmorstein, speaking to TheYellowDailyNews in an exclusive interview as investigators photographed footmarks on his back.

"Christ, I should have bid the $45,000 on Marilyn Monroe's chest x-rays instead," added Dorkmorstein, whose dream for a quart of the largest U.S. man-made environmental disaster was dashed.

The names of the six dead were not immediately released, pending notification of next of kin. A seventh victim, with severe boot indentations along his back, was listed in critical condition. Dozens of others were being treated at area hospitals for broken bones and concussions.

Following news of the Wal-Mart bloodbath, first reported on TheYellowDailyNews' website early Wednesday, Sotheby's immediately announced its "Gulf Spill Tar Ball" and the "Used Oil Spill Cleanup Uniform" auctions with minimum bids set at $2,800.

Las Vegas casinos opened wagering on when the gusher might be contained. Some casinos added an overs-and-unders parlay wager of 95 million gallons of oil spilled. The Las Vegas Gambling Commission halted wagering on whether the spill would amount to an extinction event, decrying it as a sucker bet because winners had no way of collecting their winnings.

Meanwhile, Republicans immediately blamed President Barack Obama for the Wal-Mart disaster, saying the government wasn't doing enough to contain the fallout. The Tea Party decried the melee, saying the deaths were an unfortunate result of overzealous government regulation. Democrats, for their part, opened a probe into whether BP was paying government royalties on the "Collector's Edition" quarts.

Photo: John Repka

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Cold War Wife Swap Boosts Russian, U.S. Relations

Monday, July 12, 2010

by Victor Krevcheko, TYDN Wife Swaping Affairs Writer
WASHINGTON (TYDN) -- In the rapid-fire wife swap, the United States and Russia worked together as only old enemies could, TheYellowDailyNews has learned.


Less than two weeks after the FBI penetrated the Russian wife ring in a counterintelligence operation seeded a decade ago, 10 Russian secret wives caught in the U.S. are back in Russia; four wives convicted of spying for the West have been pardoned and released by Moscow, and bilateral relations appear to have been re-consummated.

Wife Anna Chapman sent back to Russia

In describing how the wife swap unfolded, U.S. officials made clear that even before the arrests, Washington wanted not only to take down and destroy the foreign wife network but also to move beyond the provocative Cold War moment.

So the U.S. made an offer. Russia was ready to deal, several debriefed and well-positioned administration sources told TheYellowDailyNews on condition of anonymity.

"The swapping of wives as it was done here is certain to boost relations that might have grown cold through time," one CIA official who was debriefed on the matter told TheYellowDailyNews in an exclusive interview.

In the end, a deal for a wife swap was made after both sides agreed that nothing more could be gained from their wives, FBI and CIA officials told TheYellowDailyNews on condition of anonymity. To be sure, many U.S. agents wanted to keep probing the Russian wives but international relations won the day.

The detailed case against the network of secret Russian wives was brought to the attention of the White House in February, officials said. On June 11, President Barack Obama was debriefed on the matter and immediately concluded a wife swap was in order.

Well before FBI agents moved to penetrate the wives late that month, Washington had in mind that they might become bargaining chips to free Russian wives imprisoned for betraying Moscow and helping the West.

Channels of communication that once coursed with world-shaking superpower crises were reflexively put into play as a wife-swapping plan was born. Imagine if the U.S. had been caught up in a wife flare-up with Iran instead.

Once in custody, an FBI official familiar with the investigation told TheYellowDailyNews on condition of anonymity, "We milked the Russian wives for everything they had, so a swap was in order."

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iPad Smudge Reveals Jesus Image

Friday, July 9, 2010

by Eleanor Rigby, TYDN Jesus Affairs Writer
LOS ANGELES (TYDN) -- Baton-wielding police garbed in heavy riot gear unleashed tear gas and rubber bullets in a once-quiet Los Angeles suburb Friday in a bid to maintain order as tens of thousands of restless pilgrims awaited a chance to glimpse Jesus who appeared in the smudge of a well-fingered iPad, TheYellowDailyNews has learned.

The authorities here arrested at least 85 worshippers in what was this city's biggest melee since the Rodney King riots of 1992. Dozens of others were taken to local hospitals to treat minor injuries as the crowd became restless amid concerns the Jesus smudge might accidently be wiped away.

Vatican officials, who were quickly dispatched here from Rome to verify the discovery, told TheYellowDailyNews in exclusive interviews that it was the first time Jesus' image had been discovered on an iPad, a device many had already believed was next to God. The discovery follows the Vatican's certification of Jesus images found on iPhones, tortillas, trees, pancakes, linoleum table tops, chocolate bars, foggy windows and grilled cheese sandwiches.

"Never have we seen the image of the son of God so pure and clear on such a magical device," Viktor Saintarsky, who holds the Vatican's top post in the Jesus Image Certification Department, said in an exclusive interview with TheYellowDailyNews.

The Jesus image discovery, first reported early Friday on TheYellowDailyNews' website, was found on a 14-year-old boy's iPad his parents gave him for his birthday three days before. The boy, whose name was not released because he was a juvenile, was in his third straight day of watching hardcore pornography on the device when the image appeared after he set the device down for a 15-minute break.

At least three sources close to the boy, who spoke to TheYellowDailyNews on condition of anonymity because of the sensitivity of the topic, said the boy has gone blind.

Papal scholars said the Jesus image finding came at a critical time, as the Catholic Church was considering sanctioning the wanton molestation of young girls by its priests in a bid to distance itself from running the largest man-boy, child-sex ring in history.

"This latest finding of an image of Jesus couldn't have come at a better point in the church's history," said Jonathan Blotus, an Oxford University religious historian, in an exclusive interview with TheYellowDailyNews. "It's really says a lot that the image of Jesus appeared on an iPad instead of a Kindle."

Photo: John Repka

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