Hollande’s millionaire tax announcement during this year’s election campaign triggered a 30 percent spike in searches from France for prime properties in wealthy London neighborhoods such as South Kensington and Chelsea, according to real estate agent Knight Frank LLP.
“Seen from abroad, France is the last country where an entrepreneur wants to go,” Marc Simoncini, the founder of French dating site Meetic.com, said in an interview on BFM TV yesterday. “I don’t know of any British person who’s come to set up a business in France. But I know plenty of young French people who’ve gone to London to do that.” - Bloomberg
The European Union
Bloomberg – France Entrepreneurs Flee From Hollande Wealth Rejection
Reuters – Banks Prepare for the Return of the Drachma
Obamacare
New York Times – Christie Vetoes Health Insurance Exchange for New Jersey
Patriot Act/NDAA
Wired - Few Companies Fight Patriot Act Gag Orders, FBI Admits
The New American – NDAA 2013 Passes Out of Committee; Indefinite Detention Provisions Remain Intact
TSA & Travel Freedom
The Hill - TSA Denies Placing 18-Month-Old On 'No Fly' List
War on Drugs
Reason - Will Oregon's Next Attorney General Uphold Its Medical Marijuana Law?