Monthly Archives: April 2013

Maryland Gives Up On Traffic Camera Reform After $100,000 In Industry Contributions

"Nearly $100,000 in direct contributions to Maryland lawmakers from speed camera companies paid off with the state dropping a proposed reform bill. Maryland's General Assembly adjourned for the year on Monday with balloons and confetti showering delegates. Governor Martin O'Malley (D) made the rounds, congratulating lawmakers on for a job he considered well done. Photo enforcement firms also ended the day with a celebration after their investment paid off with the defeat of all legislation that might have imposed limits or quality checks on their ticketing operations." Continue reading →

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FBI Trying to Infiltrate Keene, New Hampshire

"Apparently the Federal Bureau of Investigation has been trying very, very hard to infiltrate the KAC, judging from this account of the arrest of one of the club’s members, Rich Paul, on marijuana charges. Paul is going on trial for petty marijuana distribution offenses pursuant to testimony by an undercover FBI informant. It looks as if the trial is on state charges, but what’s interesting and disturbing is the interest the federal government has taken in the case. FBI agent Phillip Christiana apparently tried to pressure Paul into wearing a wire into the KAC and luring people into pot transactions, offering him immunity from prosecution in exchange." Continue reading →

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Which Dominoes Are Next to Fall in Europe?

"As we saw in The Real Cyprus Template (the one you're not supposed to notice), once the smart money exits the at-risk banking sector, it is allowed to fall. This suggests that one way to identify which dominoes are likely to fall next is to look at the smart money's deposits in each nation's banks. If the smart money has pulled most of its capital out, ECB and Eurozone authorities have a diminishing stake in propping up the domino. As a result, its fall becomes increasingly likely." Continue reading →

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Subprime ABS Securitizations Are Back As Absolute Worst Of The Credit Bubble Returns

"The $604 million issue from consumer lender Springleaf Financial, the former American General Finance, will bundle together about $662 million of loans secured by assets such as cars, boats, furniture and jewelry into ABS, according to a term sheet. Some loans have no collateral. Personal loans haven't been a part of the mainstream ABS market since securitizations from Conseco Finance Corp. in the late 1990s, according to Michael Dean, co-head of Fitch Ratings' ABS group. That market dried up as the recession hit and, under the weight of bad subprime loans, Conseco filed for bankruptcy in 2002." Continue reading →

Continue ReadingSubprime ABS Securitizations Are Back As Absolute Worst Of The Credit Bubble Returns

Who Got the Fed Minutes in Advance of Everyone Else and Why?

"This is really an odd list and appears to be some type of very insider, VIP group. It contains major investment banks, such as Goldman Sachs, high powered law firms, such as Sullivan Cromwell and bank lobbying firms. I am on the list to receive FOMC minutes and other Fed releases, but did not receive the FOMC minutes in advance, like those on this list did. The real question is what is this list about, how does one get on it and do they receive any type notices from the Fed that are not released to anyone else? Indeed, the BIG question is why was this list put together?" Continue reading →

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Bitcoin Should Get Ready for an Attack

"The coming attacks will be publicized rapidly – with stories and releases prepared ahead of time – and will paint the worst possible picture. Afterwards it will be seen that the first loss estimates were wildly high, but that won't matter to the people who see the headlines on the evening news. Joe and Jane Obedient will believe the worst. This is all manipulation, obviously, since people are being ripped-off in government money, on gigantic scales: millions of thefts at once. But, such is the state of the West at this sad moment: The large abusers are sanctified and the innovators are demonized." Continue reading →

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Bitcoin Crash Spurs Race to Create New Exchanges

"The rush to build a more reliable exchange for the virtual currency bitcoin is under way after another price crash on Wednesday disgruntled customers who directed their anger against the alternative currency's major exchange. This follows a 20 percent crash last Thursday which Mt.Gox blamed on a type of hacking attack called a distributed denial-of-service attack (DDoS) -- which slows down the website -- delaying orders and panicking sellers. Another DDoS was again reported by the exchange on Thursday morning, coinciding with another price drop." Continue reading →

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Read more about the article Gary Casey Precinct Chair in Tulsa County and Former President of Tulsa County Men’s Republican Club Endorses Amanda Teegarden

Gary Casey Precinct Chair in Tulsa County and Former President of Tulsa County Men’s Republican Club Endorses Amanda Teegarden

I consider Amanda Teegarden to be one of the most respectable grassroots activists and leaders in Oklahoma. Her diligence in bringing to light matters of legislative importance to citizens through her work with OK-SAFE and her online radio show, America in the Balance, have been a great boon to Oklahomans. But she goes beyond that and dedicates her spare time to helping principled candidates get elected and teaches young people and newcomers to the party about the legislative process. She personally visits lawmakers to advocate for issues of individual liberty, free enterprise, and constitutional governance. I wholeheartedly endorse Amanda Teegarden for the office of Oklahoma GOP State Chair and I hope you will join me in casting your vote for Amanda at the state convention on April 20th.

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Obama would rather look stupid than interfere with the flow of cash to drug-war profiteers

"The White House spends all year traveling around the country talking about their 'third way' and their '21st Century Drug Policy' — that the focus needs to be on treatment and that we can’t arrest our way out of drug problems. That there’s too much focus on incarceration. At the same time, they’re dealing with severe national budget pressures, so you’d think this would be the perfect excuse to actually significantly reduce spending on things like domestic drug law enforcement. Well, the budget for domestic drug law enforcement was 9.4 billion in 2012, and they’re asking for 9.5 billion in 2014." Continue reading →

Continue ReadingObama would rather look stupid than interfere with the flow of cash to drug-war profiteers

Missouri man arrested at hospital for refusing to leave gay partner

"A gay man was arrested at a hospital in Missouri this week when he refused to leave the bedside of his partner, and now a restraining order is preventing him from any type of visitation. Roger Gorley told WDAF that even though he has power of attorney to handle his partner’s affairs, a family member asked him to leave when he visited Research Medical Center in Kansas City on Tuesday. Gorley said he refused to leave his partner Allen’s bedside, and that’s when security put him in handcuffs and escorted him from the building. He said the nurse refused to confirm that the couple shared power of attorney and made medical decisions for each other." Continue reading →

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