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3D-printed gun maker now has federal firearms license to manufacture, deal guns

"Defense Distributed—America’s best-known group of 3D gunsmiths—announced on Facebook that its founder, Cody Wilson, is now a federally licensed gun manufacturer and dealer. The group published a picture of the Type 7 federal firearms license (FFL) to prove it. Wilson and his colleagues have been making prototypes of guns for months now. Most recently, the group demonstrated an AR-15 semi-automatic, which is allowed under American law without a license. The legal difference now is that Wilson can sell and distribute the guns he makes. The process can take as little as 60 days, but in this case it took around six months." Continue reading →

Continue Reading3D-printed gun maker now has federal firearms license to manufacture, deal guns

Feinstein’s Assault Weapons Bill: Dead on Arrival

"Feinstein is not just a liberal. She is a California liberal. She is a feminist California liberal. That is, she does not have a lick of political sense. Her bill is creating the biggest wave of gun buying we have seen in my lifetime. Across the nation, there is massive demand to buy guns. Every time Feinstein opens her mouth, another American who never thought of buying a gun heads for Walmart to buy a shotgun or some other weapon. Feinstein is the gun industry’s manna from heaven. Like manna in the wilderness, she keeps coming back every day." Continue reading →

Continue ReadingFeinstein’s Assault Weapons Bill: Dead on Arrival

Mayor Bloomberg bankrolls $12 million gun control ad campaign

"New York mayor Michael Bloomberg is bankrolling a $12m advertising blitz in a bid to pressure Congress into adopted stricter gun controls. The television ads are set to run in 13 key states during the congressional recess and are aimed at influencing an upcoming Senate vote on gun reforms. Meanwhile public opinion appears to be wavering. In the immediate aftermath of the Connecticut school massacre, some 52% of Americans were found to be in favour of major restrictions on guns. According to a CNN/ORC poll released last week, that number had dropped to 43%." Continue reading →

Continue ReadingMayor Bloomberg bankrolls $12 million gun control ad campaign
Read more about the article Nigel Farage: EU wants to steal money from Cypriots bank accounts

Nigel Farage: EU wants to steal money from Cypriots bank accounts

"Taking the bailout model to extremes - the EU has given Cyprus an ultimatum - either force savers to save banks, or go bankrupt. United Kingdom Independence Party MEP Nigel Farage gives his perspective on the deposit levy and Cypriot parliament vote." Continue reading →

Continue ReadingNigel Farage: EU wants to steal money from Cypriots bank accounts

The Retirement Crisis That Must Not Be Mentioned

"A theme that is little explored in the Western mainstream press is that retirement has all but collapsed for many in the middle classes. We have in the past called this condition 'dreamtime' – for it was built on central banking initiatives and fostered by central banking super-money printing. The idea was that the stock market was going to go up and up – and people would be able to take retirement based on their own investment initiatives. In Europe, state-fostered retirement provided a slightly different model. But the main issue in both the US and Europe was that an entity larger than the individual was going to manage the realities of retirement." Continue reading →

Continue ReadingThe Retirement Crisis That Must Not Be Mentioned

Retirement crisis: Impoverished seniors on horizon

"American households are so strapped that only half could come up with $2,000 in cash if an unexpected need arose in the next month. You would think that savings levels would increase, but no. The percentage reporting saving anything for retirement is at 66 percent, down from 75 percent in 2009. In a little more than a decade, there will be a lot of older people who will run out of money. There will be stories written in 2025 about Joe Smith, 82, a retired autoworker, living in a flophouse on $2,100 a month in Social Security after his pension was cut off and his personal savings ran out, while his children, in their 60s themselves, moved 2,000 miles away." Continue reading →

Continue ReadingRetirement crisis: Impoverished seniors on horizon

Can Your Edward Jones Financial Advisor Really Serve Your Best Interests?

"Edward Jones agreed, without admitting any wrongdoing, to a $75 million regulatory settlement with the SEC for allegedly failing to disclose that it received tens of millions of dollars from preferred mutual fund partners each year on top of commissions and other fees. Investors shouldn't need to worry that they're getting fleeced by the very person who's being paid to advise them. Investors are at greater risk of being taken advantage of when their advisor is not required to put them first, has strong economic incentives to generate fees, and doesn't need to disclose those conflicts of interest in a particularly clear way." Continue reading →

Continue ReadingCan Your Edward Jones Financial Advisor Really Serve Your Best Interests?

Wire Fraud: A Terrifying New Trend Targeting Financial Advisors

"A disturbing new trend is that some thieves are beginning to directly target financial advisors and their clients – as famous bank robber Willie Sutton noted, if you want to get rich by stealing, go to where the money is! Accordingly, financial advisors and investment custodians have seen a noticeable increase in attempts at fraudulent wire transfers by 'spoofing' – where a request sent 'from the client' is actually a spoof from a fake-but-similar email account (or sometimes is even the client’s actual account!), and asks the advisor to process a wire transfer to a third party bank account. By the time anyone realizes the request was fake, the money is already gone." Continue reading →

Continue ReadingWire Fraud: A Terrifying New Trend Targeting Financial Advisors

Four Men Busted for Stealing Hundreds of Thousands From Bank Accounts Using Fake Credit Cards

"Lots of lessons here. Protect your bank account numbers and passwords. Its less likely that an individual will steal your funds than the government but you still need to be careful. Also note the advancement in private surveillance, the bank was able to detect the fradulent withdrawal of funds in real time, grab a picture of the suspects and get it it the police in apparently minutes." Continue reading →

Continue ReadingFour Men Busted for Stealing Hundreds of Thousands From Bank Accounts Using Fake Credit Cards