Chicago PD: Let’s Turn ‘Em Loose on Congress

"Chicago's uniformed thugs responded to a robbery by shooting the store's owner 11 times (they also shot the thieves, whom the owner had already disarmed, without warning them first or giving them a chance to surrender); forbidding the owner's father-in-law to bandage his wounds or comfort him in any way; harassing him in the ambulance as well as at the hospital, where they handcuffed him to his bed as he tried to recover from their rampage. And yet most Americans insist we 'need' cops. Only if we need murder, rape, plunder, and extortion. And bills for $10 million, the amount the owner seeks for the cops' crimes against him." Continue reading

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Fort Knox, Texas?

March 8, the bill filing deadline for the Texas legislature, was a very good day for We Texans. In addition to the filing of our property tax elimination bill and a common carrier/eminent domain reform bill, Rep. Giovanni Capriglione filed HB 3505: The Texas State Bullion Depository Bill More about this bill from our friends at Janice Cookston WeTexans.com Archives originally http://wetexans.com/fort-knox-texas/ ====================================== Texas Sound Money: — The Depository would be a state agency under the purview of the State Comptroller. The … Continue reading

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Florida Lt. Gov. Jennifer Carroll resigns over Internet gambling scandal

"Florida’s Republican lieutenant governor on Tuesday resigned amid questions about her connection to an Internet gambling firm that that is being investigated for racketeering, money laundering and lying about how much it donated to veterans. Carroll submitted her resignation to Gov. Rick Scott (R) on Tuesday after she was interviewed about her links to Allied Veterans of the World, a nonprofit which operates Internet cafes in Florida. Allied Veterans co-owner Jerry Bass, his lawyer and two top officers from Jacksonville’s Fraternal Order of Police were arrested on Tuesday after a raid on Internet cafes run by the nonprofit." Continue reading

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Newly Hired Detroit Emergency Manager Has Some Financial Issues Of His Own

"Records show that the new Detroit emergency financial manager, Kevyn Orr, has some unpaid taxes and two liens on his Maryland home. Orr has apparently not paid $16,000 in unemployment taxes. A spokesman for Governor Rick Snyder, who recommended Orr for the job, tells the Detroit News that there was an oversight by an accountant hired to file taxes for Orr. The spokesman says Orr has researched the issue and will pay in full as soon as possible. Some opponents of the EFM say it’s interesting that Orr believes he can manage Detroit when he’s having trouble handling his own affairs. Orr was part of the legal team that worked on Chrysler’s bankruptcy." Continue reading

Continue ReadingNewly Hired Detroit Emergency Manager Has Some Financial Issues Of His Own

Michigan governor appoints technocrat to run Detroit

"Michigan Governor Rick Snyder tapped a restructuring expert who helped successfully steer Chrysler through a government-backed bankruptcy to lead a state takeover of Detroit. The move by a white, Republican governor to take control of a predominantly black and Democratic city has drawn intense criticism and charges of racism. The choice of Kevyn Orr, an African American and Democrat who grew up in Michigan, should help stem some of that criticism. Emergency managers have the power to eliminate entire departments, change labor contracts, sell city assets and rewrite laws without any public review or input." Continue reading

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Kwame Kilpatrick guilty: For destitute Detroit, downfall of ex-mayor complete

"Former Detroit Mayor Kwame Kilpatrick was found guilty Monday under federal corruption charges of scheming to enrich himself and his close confidants during his tenure in public office. The verdict, which was announced after 15 days of jury deliberations, concludes a saga that has gripped the destitute city for over two years and represents the staggering downfall of Mr. Kilpatrick. The tales of personal excess resulting from systemic graft arrives one day before the city tries to make a last-ditch attempt to fight the takeover of its troubled finances by an emergency financial manager." Continue reading

Continue ReadingKwame Kilpatrick guilty: For destitute Detroit, downfall of ex-mayor complete

IMF Chief Christine Lagarde’s Flat Raided Over French ‘Payout’ Probe

"Police are investigating claims that Lagarde, when French Finance Minister under Nicolas Sarkozy, acted illegally in approving the €285m arbitration payout to Bernard Tapie. Lagarde denies any wrongdoing. It was conducted a day after France's budget minister resigned after being targeted in a tax fraud inquiry. Socialist President Francois Hollande came to power last May vowing to crack down on the cozy relationships between politicians and businessmen he said were rife under Sarkozy. Lagarde was in Frankfurt and not in her Paris flat at the time of the search, a spokesman for the IMF chief said." Continue reading

Continue ReadingIMF Chief Christine Lagarde’s Flat Raided Over French ‘Payout’ Probe

U.S. complains about ‘excessive’ business class travel by UN staff

"The United States is taking aim at 'excessive' business class air travel by UN staff as it presses a campaign to restrain the global body’s multi-billion dollar budget. The United Nations spent at least $769 million of its general budget of more than $5 billion in 2010-11 on moving officials and staff around the world, according to UN figures. The peacekeeping department, which has its own budget, spent another $200 million. Some $54 million of the $74 million of air tickets bought at the main headquarters in New York and Geneva were business class. Diplomats say the figure is probably much higher as no clear figures have been given." Continue reading

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UN official tells US to stop drone strikes

"With America's drone capabilities expanding, the United Nations has stepped in and is demanding the US stop conducting unmanned airstrikes in Pakistan. The UN is calling the drone program a violation of the country's sovereignty and the attacks are being carried out without the consent of the people of Pakistan." Continue reading

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Soviet-era bonds: Paper chase [2000]

"Should kidnap victims pay their debts? That, roughly, is the question facing Estonia, which issued £700,000 ($3.4m) and $4m in 40-year bonds in 1927, but was then annexed by the Soviet Union in 1940. Most investors swallowed their losses. But not William Hardison, a Florida-based businessman, who holds around $90,000-worth of the septuagenarian paper. Estonia's booming, debt-free economy is one of the most successful in the ex-communist world. But the situation with Estonia's kidnapper is rather different. Russia took on the Soviet Union's assets and liabilities in 1991, and has since bargained hard to get out of paying the latter." Continue reading

Continue ReadingSoviet-era bonds: Paper chase [2000]