The Cult of O Revisited – Building a Religion
Comfort Eagle – by Cake. The video after 6 years, more relevant than ever.
Three Incorporated Municipalities broke – solution is simple!
Three Huge Cities Next In Line For Bankruptcy By Karen Riccio on 03/03/2014 3:33 pm in Featured, Market Commentary / 6 comments Detroit’s looming bankruptcy is making news again, this time focusing on current restructuring plans aimed to wipe out $18 billion in debt by axing pension checks of city retirees, including police and fire. […]
More here >>> on New York, Chicago, and Los Angeles Syndicated source: http://thearizonasentinel.com/2014/03/25/incorporated-municipalities-all-across-the-country-and-broke-bankrupt-the-solution-is-simple/Missouri house bans warrantless drone spying, 109-44
A Missouri bill to strictly limit drone use passed out of the state House on Monday by a vote of 109-44. It now moves on to the Senate for consideration.
No. We Shouldn’t Follow Every ‘Rule’
Quite frankly, I’m glad Rosa Parks refused to follow the rules. I’m glad the conductors and safe house operators along the Underground Railroad refused to follow the rules. I’m glad Oskar Schindler refused to follow the rules. Some rules should never be followed. Ever.
Minnesota bills would ban cellphone tracking without a warrant
Two Minnesota bills that together ban law enforcement from obtaining cellphone location tracking information and data without a warrant passed its first committee hurdle. An Associated Press article reports, “On divided voice votes, the House Public Safety Committee advanced a pair of bills that impose a higher standard on law enforcement when they collect data…
Everything you need to know about the Hobby Lobby Supreme Court case in one convenient graphic
If you want minute-by-minute coverage on Sebelius v. Hobby Lobby, SCOTUSblog has it, but quick and dirty - It’s being argued by The Becket Fund on behalf of the David Green family. Home page is here, arguments will be tomorrow (Tuesday … Continue reading →
Europol: Police need powers to tackle virtual money laundering
"The head of the European Union's policing agency warned on Monday that virtual currencies such as Bitcoin were being used for money laundering and called for police to be given more powers to identify criminal suspects operating on the Internet. 'We're seeing that virtual currencies are being used as an instrument to facilitate crime, particularly in regard to the laundering of illicit profits,' said Europol head Rob Wainwright, speaking on the margins of a nuclear security conference in The Hague. Wainwright said police should be given new powers to allow them to identify anonymous participants online and bring them to justice." Continue reading →
UK financial official: Monetize state debt when deflation risks persist
"There is no need for central banks’ balance sheets to shrink. They could stay permanently larger; and, for some countries, permanently bigger central-bank balance sheets will help reduce public-debt burdens. Even when permanent monetization occurs — as it almost certainly will in Japan and possibly elsewhere — it may remain forever the policy that dare not speak its name. Such reticence may serve a useful purpose. But it must not blind central banks and governments to the full range of policy tools available to address today’s severe debt overhangs." Continue reading →
Incredible confusions: Why ‘austerity’ if we can just print the money?
"Debt can either be repaid or be defaulted on. Destroying the purchasing power of money through inflation is one way to default on the debt. Simply not paying the debt is the other option. In both cases, savers, ‘thrifty pensioners’, and the customers of banks, insurance companies, and pension funds will suffer, and in the inflationary scenario everybody will suffer greatly. Sadly, the massive printing of money and accumulation of debt that has occurred since the termination of the gold standard and the adoption of limitless state fiat money and pro-growth central banking has now brought us to a point where defaults appear to be unavoidable. This is not some great reset. It is a man-made catastrophe." Continue reading →
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