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‘Peculiar’ Market Strikes Again With Sale of 100-Year Austrian Bond

“Investors placed almost 11 billion euros of orders for Austria’s first century bond, which had a yield of 2.1 percent. That’s less than the current yield earned on Treasuries coming due in just 10 years. The ‘quite peculiar’ bond market reflects expectations of a subdued investor response to when the European Central Bank decides to rein in its super accommodative monetary policy, according to Kim Liu, senior fixed-income strategist at ABN Amro Group NV.”

Parody a police officer on Twitter, go to jail in America

“Something similar happened back in 2014, when police in Peoria, Illinois, arrested a man for impersonating the town’s mayor on Twitter. The man (Jon Daniel) sued the city with the help of the ACLU and argued that the arrest violated his First Amendment rights. Ultimately, the city was forced to pay $125,000 to settle the case.”

In Indiana, sex with minors is OK, but it’s illegal to sext them

“The defendant, who faces a maximum of three years in prison if convicted, argued that it was ‘patently illogical’ to hold someone criminally liable for sending nude pictures to a minor—yet it’s legal to expose themselves to minors in person. The Indiana ruling is among a string of cases in which sexting laws are clearly nonsensical.”

Homebuilder helping Millennials trade student loan debt for house debt

“Buyers of Lennar’s homes could receive a payment of up to $13,000 toward their student loans, as much as 3% of the home’s purchase price, from its subsidiary, Eagle Home Mortgage. The nation’s collective student debt stands at an all-time high of $1.34 trillion, according to the Federal Reserve Bank of New York.”

Investors Buying Houston Homes for 40 Cents on the Dollar

“Those kinds of bets have often paid off. Buyers who snapped up co-ops and office towers when New York was near bankruptcy in the 1970s made a killing. More recently, companies including Blackstone Group LP and other marquee names bought foreclosed homes after the 2008 financial crisis and are sitting on billions in potential gains. The cycle begins with small-time investors such as Schild, who’s bought more than 30 waterlogged houses for an average $175,000 apiece. Then Wall Street swoops in.”

Signed as Law: Pennsylvania Right to Try Act Rejects Some FDA Restrictions on Terminal Patients

HARRISBURG, Pa. (Oct. 12, 2017) – Yesterday, Pennsylvania Gov. Tom Wolf signed a bill into law that sets the foundation to nullify in practice some Food and Drug Administration (FDA) rules that deny access to experimental treatments by terminally ill patients. Rep. Robert Godshall (R-Hatfield) sponsored House Bill 45 (HB45), along with nearly 40 cosponsors. The…

Federal Disaster Relief Is Unconstitutional

In fact, there was a time in the not so distant past that two presidents…two…vetoed bills that would have provided money to drought-stricken farmers and flood victims.

Florida Committee Passes Bill to Expand Healthcare Freedom

TALLAHASSEE, Fla. (Oct 11, 2017) – Yesterday, a Florida Senate committee unanimously passed a bill that would help facilitate healthcare freedom outside of government regulatory schemes. Sen. Tom Lee (R-Brandon) prefiled Senate Bill 80 (SB80) on Aug. 9. The legislation specifies that direct primary care agreements (sometimes called medical retainer agreements) do not constitute insurance, thereby freeing…