A Desperate US Mint Testing New Metals to Make Coins Cheaper to Mint

"The Federal Reserve has so debased the value of the dollar that it is now very expensive for the U.S. Mint to buy buy and use copper, nickel and zinc in the coins it produces. Currently, a penny costs more than two cents and a nickel costs more than 11 cents to make and distribute. A 400-page report presented last week to Congress outlines nearly two years of trials conducted at the Mint in Philadelphia, where a variety of metal recipes were put through their paces in the massive facility's high-speed coin-making machinery. But the Mint couldn't find any good replacements. Evaluations of 29 different alloys concluded that none met the ideal list of attributes." Continue reading

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Government Stops Ebay Market in NotHaus Coins

"Mac Slavo has an article on this. See also his warnings 16 months ago. I've written here on the travesty of finding NotHaus guilty of counterfeiting and on the utterly false government arguments made in the case against him, which nevertheless found favor with a jury. Wikipedia provides an outline here. What do I think of this? I think that this entire government action against NotHaus is evil, by which I mean profoundly wicked, malevolent, and immoral. The government people doing this have labeled him a 'domestic terrorist', which is about as deep a lie and falsehood as can be concocted." Continue reading

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U.S. Secret Service Bans Sale of Silver and Gold Liberty Dollars on Ebay

"The Secret Service has gotten involved in order to ensure buyers don’t get confused by thinking they are acquiring legal U.S. tender. Apparently they believe that someone who buys a silver coin for $35 may, in a state of confusion, then attempt to exchange it for a $1 soda pop in the open market. Today they are targeting the Liberty Dollar because it 'represents a clear and present danger to the economic stability' of the United States. It wouldn’t be that far a stretch of the imagination to suggest the government could make the same argument for any mechanism of exchange or store of value, especially those which contain gold and silver." Continue reading

Continue ReadingU.S. Secret Service Bans Sale of Silver and Gold Liberty Dollars on Ebay

Too little punishment for Pr. George’s police officer’s assault

"If a witness hadn’t shot video of two Prince George’s County police officers savagely beating John McKenna, a University of Maryland student, after a March 2010 men’s basketball game, that would probably have been the end of it. The officers didn’t file a report, as required, on their use of force. When initially questioned about the beating, they lied. And when they filled out the initial paperwork on the incident, police said Mr. McKenna had sustained his injuries, including a concussion, from being kicked by a police horse. Thanks to the video, and to the persistence of Mr. McKenna’s lawyers in uncovering it, the coverup didn’t work." Continue reading

Continue ReadingToo little punishment for Pr. George’s police officer’s assault

FBI is investigating former Utah trooper Lisa Steed

"The FBI is investigating former Utah Highway Patrol Cpl. Lisa Steed for civil rights violations, an attorney said Sunday. Michael Studebaker said 10 of his clients recently spoke to FBI agents. He said his clients have not been asked to speak to a grand jury. Steed has been accused of arresting people for DUI who were sober. Two judges have found Steed lied on the witness stand." Continue reading

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Four Texas police officers charged with escorting loads of narcotics for pay

"Two deputies and two police officers in the Hidalgo County, Texas area have been charged with protecting drug smugglers’ shipments of narcotics through the area. According to a Dec. 13 statement from the U.S. Attorney’s Office in the Southern District of Texas, two of the officers are with the Hidalgo County Sheriff’s Office (HCSO) and two are with Mission Police Department (MPD) officers. Reportedly the men allegedly used their positions to get thousands of dollars for facilitating and protecting drug shipments. Two of the men are also reportedly the sons of high-ranking local police officials in the area in south Texas, west of Brownesville." Continue reading

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Chicago cop whose home was raided is awarded $565,000 in damages

"When Chicago police broke into his Austin home with guns drawn and a search warrant, Markee Cooper Sr., a cop himself, and his family could only look on as drawers and closets were searched for crack cocaine based on an alleged informant's tip. On Friday, a federal jury awarded Cooper and his family $565,000 in damages after finding one officer at fault for a falsified warrant and two others responsible for the illegal 2007 search. Their two young sons, Markee Jr., 13, and Zion, 8, were traumatized at seeing their father confront a roomful of cops with guns before kneeling to the living room floor and handing over his badge and weapon." Continue reading

Continue ReadingChicago cop whose home was raided is awarded $565,000 in damages

Two women sue Texas Troopers for illegal roadside cavity search

"A federal lawsuit filed by two Irving women claims that Texas State Troopers humiliated them by performing illegal cavity searches on the side of the road after a cigarette butt was thrown out of their car window. Dashcam video shows Helleson searching the anuses and vaginas of both women with the same latex gloves in full view of other passing cars. And then the trooper performed the same procedure on Ashley Dobbs without changing gloves." Continue reading

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20 Ways FATCA Will Catch Americans

"It may seem obvious, but Americans who have lived abroad for many years and not filed tax returns still sometimes do not realise that they will bring the IRS down on them like a ton of old tax records when they: 1. Register the birth of their child at a US embassy in the country where they now live, or 2. Renew a long-dormant US passport. 3. Appearing at a US airport with a non-US passport that reveals the bearer was born in the US is almost certain to set alarm bells clanging back at IRS headquarters in Washington. 4. [..]" Continue reading

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Leszek Balcerowicz: The Anti-Bernanke

"As an economic crisis manager, Leszek Balcerowicz has few peers. When communism fell in Europe, he pioneered 'shock therapy' to slay hyperinflation and build a free market. In the late 1990s, he jammed a debt ceiling into his country's constitution, handcuffing future free spenders. When he was central-bank governor from 2001 to 2007, his hard-money policies avoided a credit boom and likely bust. Poland was the only country in the European Union to avoid recession in 2009 and has been the fastest-growing EU economy since." Continue reading

Continue ReadingLeszek Balcerowicz: The Anti-Bernanke