Yearly Archives: 2013

Foreclosures are the Solution, Not the Problem

"The majority of those foreclosed on and who sold short would have become clean potential buyers in 3 to 7 years ensuring a housing recovery was not only on deck but would be 'durable'. Millions of legacy HELOCs and HELOANs preventing folks from rebuying real estate indefinitely would have been exterminated making millions more potential buyers within 2 to 5 years. Bottom line, history will not be kind to loan mods and workouts. It will show that modifications, anti-foreclosure laws, banks protecting their HELOC assets — in general, unabated can-kicking — was responsible for housing to remain in a depression for years longer than it would have." Continue reading →

Continue ReadingForeclosures are the Solution, Not the Problem

About That Supposed Correlation of the U.S. Dollar and Gold….

"One of the most widely accepted truisms in what passes for our financial media is that the dollar and gold are correlated: when the dollar weakens, gold rises, and when gold rises, the dollar declines. Nice, except this vaunted correlation isn't remotely visible in the charts. Conclusion: there is no correlation between gold and the U.S. dollar index. Not even close.The two move independently; any apparent correlation is semi-random signal noise. They are not on a simplistic see-saw." Continue reading →

Continue ReadingAbout That Supposed Correlation of the U.S. Dollar and Gold….

Washington state purges ‘sexist’ language from public laws

"40,000 words have been changed as part of an effort to rid state statutes of gender-biased language. The bill, signed into law earlier in the year, went into effect this week. And it was no small task. 'Fisherman' is now a 'fisher.' 'Penmanship' is called 'handwriting.' And 'manhole cover' is, well, still 'manhole cover.' 'His' is now 'his and hers.' 'Clergyman' is now 'clergy.' 'Journeyman plumber' is now 'journey-level plumber.' Washington is the fourth state to officially remove gender-biased language from the law. Others are Florida, North Carolina and Illinois. Nine other states are considering similar gender-neutral laws." Continue reading →

Continue ReadingWashington state purges ‘sexist’ language from public laws

State Dept. whistleblower’s lawyers targeted by ‘Watergate-style’ break-ins

"Two burglars spent last weekend repeatedly breaking into a Dallas law firm and stealing three computers while leaving other valuables behind. The attorneys said Sunday that this was no ordinary break-in: it may have been politically motivated. The law firm targeted is Schulman & Mathias, which represents State Department whistleblower Aurelia Fedenisn, formerly with the department’s office of inspector general. Fedenisn revealed to CBS News earlier this year that she’d seen internal investigations called off or misdirected by higher ups, drawing a rapid and terrifying response from law enforcement, with a specific focus on her family and children." Continue reading →

Continue ReadingState Dept. whistleblower’s lawyers targeted by ‘Watergate-style’ break-ins

Coroner: San Francisco crash victim might have been run over by fire truck

"A fire truck may be responsible for the death of one of two teenage girls killed during Saturday’s airliner crash at San Francisco International Airport, KNTV-TV reported on Sunday. 'As it possibly could have happened, based on the injuries sustained, it could have been one of our vehicles that added to the injuries, or another vehicle,' local Fire Chief Joanne Hayes-White told the San Francisco Chronicle, saying the victim’s injuries were consistent with her being run over. 'That could have been something that happened in the chaos. It will be part of our investigation.'" Continue reading →

Continue ReadingCoroner: San Francisco crash victim might have been run over by fire truck

Tweet referencing Pink’s song ‘Timebomb’ gets teen arrested at concert

"A 16-year-old boy was arrested at a Pink concert in Australia over the weekend after he tweeted a reference to the singer’s 'Timebomb' song. According to The Age, the teen was attending the U.S. pop star’s concert at Rod Laver Arena in Melbourne on Sunday when he tried to express his excitement in a way that authorities did not find amusing. In an interview with 10 News, the boy said that that arena staff used the photo on his Twitter profile to track him down out of the crowd of 12,000 people. The boy now faces charges of being a public nuisance." Continue reading →

Continue ReadingTweet referencing Pink’s song ‘Timebomb’ gets teen arrested at concert

The Ten Most Disturbing Things You Should Know About the FBI Since 9/11

"1. USA Patriot Act Abuse; 2. 2008 Amendments to the Attorney General's Guidelines; 3. Racial and Ethnic Mapping; 4. Unrestrained Data Collection and Data Mining 5. Suppressing Internal Dissent: The FBI War on Whistleblowers; 6. Targeting Journalists; 7. Thwarting Congressional Oversight; 8. Targeting First Amendment Activity; 9. Proxy Detentions; 10. Use of No Fly List to Pressure Americans Abroad to Become Informants." Continue reading →

Continue ReadingThe Ten Most Disturbing Things You Should Know About the FBI Since 9/11

CDC Report Fatally Shoots Obama’s Theory of Gun Violence

"Obama earlier this year issued an executive order commanding the Centers for Disease Control to do a study of gun violence in America — as if gun violence is caused by a disease. The CDC did what it was told. It has issued a report. It shoots down Obama. 'Between the years 2000-2010 firearm-related suicides significantly outnumbered homicides for all age groups, annually accounting for 61 percent of the more than 335,600 people who died from firearms related violence in the United States.' This creates a major problem for Obama. It’s difficult for the government to prosecute users of unregistered handguns who kill themselves." Continue reading →

Continue ReadingCDC Report Fatally Shoots Obama’s Theory of Gun Violence

Steroid abuse has become a major problem among police officers

"A national expert who's been studying steroid use in all types of subcultures from athletics to the military believes 'tens of thousands' of cops all across the U.S. are on such illegal drugs. A recent scandal in New Jersey turned up 248 public safety officials — most of them cops — who were getting steroids prescribed by a steroid-abusing doctor, and New Jersey officials responded by ordering random police drug testing. The biggest concern most people have over steroid 'juiced' cops is the potential for increased aggression in someone who's armed and trained to use everything from pepper spray and stun guns to firearms." Continue reading →

Continue ReadingSteroid abuse has become a major problem among police officers