Yearly Archives: 2013

The Overworked and the Idle

"Bay Area Rapid Transit (BART) unions who recently went on strike, paralyzing public transit for 6.5 million inhabitants of the San Francisco Bay Area, were apparently caught off guard by the public animosity to their demands for 23% raises on top of their 50%-above-market base salaries and unavailable-at-any-private-job benefits. Memo to BART union members: the overworked earn on average slightly over half ($47,000) of what you earn for 'driving' an automated train and staffing station offices ($80,000), and those who earn more than you in the private sector often work 50% more than your 37 hours a week in highly stressful jobs." Continue reading →

Continue ReadingThe Overworked and the Idle

Paul Craig Roberts: Coup d’etat

"During my professional life it was Soviet Russia that persecuted truth tellers, while America gave them asylum and tried to protect them. Today it is Washington that persecutes those who speak the truth, and it is Russia that protects them. It is not the US that is damaged by Snowden’s revelations. It is the criminal elements in the US government that have pulled off a coup against democracy, the Constitution, and the American people who are damaged. It is the criminals who have seized power, not the American people, who are demanding Snowden’s scalp. The Obama Regime, like the Bush/Cheney Regime, has no legitimacy." Continue reading →

Continue ReadingPaul Craig Roberts: Coup d’etat

Bill Bonner: You Say You Want a Revolution

"Muskets were seized. Revolutionary groups were formed. The proletariat was hot now... and it saw no limit to its power or its prospects. Surely, it could pass laws too... and make itself rich. Even many of Louis' soldiers were talking about it... and taking the proles' side. Then, on July 14, a mob of about 1,000 people attacked the Bastille. Nearby troops did nothing to aid the small garrison of the fortress. The mob routed the defenders and murdered the Bastille's governor, Bernard-René de Launay. De Launay's head was sawed off and put upon a pike that was paraded around Paris. Louis XVI was executed, by guillotine, on January 21, 1793." Continue reading →

Continue ReadingBill Bonner: You Say You Want a Revolution

‘Synthetic pot’ cases hard to prosecute, but family businesses lose everything anyway

"In March, police raided Dennis and Christie England's shop on the fringes of historic downtown Norman and effectively shut the business down, accusing the pair of selling dangerous synthetic marijuana to the public. Police seemed confident even though XLR-11 — the chemical compound present in the hundreds of grams of synthetic marijuana seized at the Englands' shop in March — wasn't even on Oklahoma's ban substance list. Yet after a June 24 preliminary hearing before a judge in Cleveland County District Court, the case against the couple — who has since lost everything — was dismissed." Continue reading →

Continue Reading‘Synthetic pot’ cases hard to prosecute, but family businesses lose everything anyway

Georgia prepares to execute mentally disabled prisoner under secrecy law

"The second legal challenge, put before Georgia state courts last Friday, concerns the new Lethal Injection Secrecy Law passed recently by the Georgia assembly that allows the department of corrections to obtain supplies of the sedative pentobarbital in secret. The legislation bypasses normal freedom of information rules by declaring the identity of drug suppliers a 'state secret' in an attempt to circumvent a growing boycott of medical drugs used in executions. The Georgia department of corrections is understood to be seeking pentobarbital to kill Hill through a compounding pharmacy, though it is using the new secrecy law to keep details of the supplier obscured." Continue reading →

Continue ReadingGeorgia prepares to execute mentally disabled prisoner under secrecy law

Republican governor pushes to restore vote to nonviolent felons in Virginia

"While Virginia Gov. Bob McDonnell (R) touted his plan to restore voting rights to the state’s nonviolent felons, advocacy groups were split in their assessment as to how much impact it could have. The Washington Post reported on Monday that the plan could impact about 100,000 former prisoners. Since 2010, McDonnell’s administration has approved 5,235 to return to the voting pool. But without electronic records before 1995, state officials also have a hard time locating former felons who are potentially eligible to renew their voting rights, and are turning to felons’ rights groups for assistance." Continue reading →

Continue ReadingRepublican governor pushes to restore vote to nonviolent felons in Virginia

All True Journalism is Adversarial

"Last spring, the Monitor learned that the McAllen city government was negotiating with the GEO Group, a Florida-based private prison corporation, about building a 1,000-bed jail that would accept federal inmates. The paper didn’t report on the discussions until July 2, in a story that contained the following admission: 'At the city’s request, The Monitor didn’t report the news to avoid tipping off potential competitors and skunking the deal.' Were The Monitor an actual newspaper, rather than a propaganda organ, its editorial board would understand that its job is to disclose things the city government seeks to conceal, especially when taxpayer money is involved." Continue reading →

Continue ReadingAll True Journalism is Adversarial

Vietnamese boat people return as entrepreneurs [2003]

"Once the world knew them as boat people, some 2 million Vietnamese who fled the communist regime in their country, most of them in rickety vessels, paying for their perilous passages with hoarded family gold. Their traumatic odysseys at sea, where they were targeted by pirates and other bandits, made dramatic news for years. Most boat people found a home in the West; 1 million settled in the United States. Now, thousands of those who fled after the Vietnam War ended in 1975 have been drifting back to Vietnam as Viet-kieu (overseas Vietnamese), bringing entrepreneurial know-how, foreign passports and ambition." Continue reading →

Continue ReadingVietnamese boat people return as entrepreneurs [2003]

The Gold Roller Coaster

"About a year ago, we began to advise readers that we are in for the economic roller coaster ride of the century and that gold will be on that roller coaster. Those who are on the ride will need to keep their nerve – to remember that, as wild as the fluctuations may become, gold is not in the same category as stocks and bonds. It retains value when other more conventional forms of wealth disappear. Its true value to the investor is as an insurance policy – to make sure that if economies collapse, it might still be possible to buy some freedom and put food on the table – to ride out the economic storm." Continue reading →

Continue ReadingThe Gold Roller Coaster

Gold! $250K in centuries-old coins found

"The coins, called escudos, were part of the treasure aboard a fleet of 11 Spanish galleons wrecked by a hurricane off the Florida coast on July 31, 1715. It was this famous shipwreck that gave this part of Florida its nickname, The Treasure Coast. The coins appear to be in good condition, and still have some legible dates and markings. The oldest bears the date 1697; the youngest is dated 1714. The 48 coins have an estimated value of $200,000 to $250,000, said Brisben. Perhaps the most surprising thing about the expedition is that the coins were found just 100 feet from the shoreline, in only six feet of water." Continue reading →

Continue ReadingGold! $250K in centuries-old coins found