Wisconsin Bill Takes on Asset Forfeiture, Would Close Federal Loophole

MADISON, Wisc. (Mar. 6, 2017) – A bill introduced in the Wisconsin Senate would reform the state’s asset forfeiture laws to prohibit the state from taking property without a criminal conviction. The legislation also takes on federal forfeiture programs by banning prosecutors from circumventing state laws by passing cases off to the feds. Sen. David…

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John Hussman: The Most Broadly Overvalued Moment in Market History

"As long as investors are comfortable with expected S&P 500 10-12 year total returns of less than 1% annually, with likely interim losses on the order of 50-60%, investors are free to label this situation as 'fairly valued' or with any other phrase they wish." Continue reading

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West Virginia Bills Would Legalize Medical Marijuana; Foundation to Nullify Federal Prohibition

CHARLESTON, W. Va. (Mar. 5, 2017) – Two bills introduced in the West Virginia legislature would legalize medical marijuana in the state. If signed into law, the legislation would take another step toward nullifying the unconstitutional federal prohibition on cannabis in practice and effect. Del. Mike Pushkin (D – Kanawha, 37) introduced House Bill 2677…

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Discussing Marriage and Government Control on the Mike Slater Show

I recently appeared on the Mike Slater Show on 769 KFMB in San Diego to talk about an Alabama bill that would nullify both sides of the contentious marriage debate by simply doing away with marriage licenses altogether. I opened up the interview by explaining how SB20 would eliminate marriage licenses in Alabama. Instead of getting a…

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Oregon Bill Would Help Block Federal Militarization of Police

SALEM, Ore. (March 5, 2017) – A bill introduced in the Oregon House would significantly limit the impact of federal programs that militarize local police. Rep. Chris Gorsek (D-Troutdale) and Rep. Carla Piluso (D-Gresham) introduced House Bill 3243 (HB3243) on March 2. The legislation would bar state and local police departments from acquiring certain types…

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Colorado Committee Unanimously Passes Bill to Expand Health Freedom

DENVER, Colo. (March 3, 2017) – Yesterday, a Colorado House committee unanimously passed a bill that would help facilitate healthcare freedom in the state. A bipartisan coalition of two representatives and two senators sponsor House Bill 1115 (HB1115). The legislation specifies that direct primary care agreements (sometimes called medical retainer agreements) do not constitute insurance,…

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New York Bill Would Legalize Recreational Marijuana, Nullify Federal Prohibition

ALBANY, N.Y. (Mar. 3, 2017) – A bill introduced in the New York Senate would legalize marijuana for recreational use. Passage would also take a big step toward nullifying federal cannabis prohibition in practice in the Empire State. Sen. Liz Krueger (D-Manhattan), along with nine co-sponsors, introduced Senate Bill 3040 (S3040) to legalize recreational cannabis…

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