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Humorless Ohio AG mugs ‘prescription’ coffee cup

“Has Ohio Attorney General Mike DeWine helped get a potentially dangerous product off the shelves or does he just have no sense of humor? Maybe he should be heeding Alcoholics Anonymous’ famous Rule No. 62: ‘don’t take yourself too damn seriously.’ Here’s the issue: does a coffee mug that mimics a prescription bottle and says ‘Prescription Coffee, RX#: VRY-CAF-N8D, Drink one mug by mouth, repeat until awake and alert’ make fun of prescription drug abuse? DeWine thinks so. May was when DeWine and 22 other state attorneys general asked the company to pull the Prescription Line of glasses, coasters, mugs and drink holders.” Continue reading →

Florida woman charged with felony battery for kissing cop’s nose

“A Florida woman is in jail on Tuesday after being charged with felony battery for allegedly kissing a police officer on the nose. According to a police report obtained by The Smoking Gun, Manatee County Sheriff’s Office deputies were called to the home of 62-year-old Peggy Hill on Saturday after a dispute with a neighbor about a fence between their properties. The report claimed that Sgt. Randy Lamb was speaking to Hill when ‘she approached him and kissed him on the nose against his will.'” Continue reading →

Missouri woman faces jail for recycling tires into flower planters

“A Missouri woman says that she is prepared to go to jail after authorities in Sugar Creek threatened her over a recycling project that turns tires into flower planters. ‘I was just really interested in recycling and I’m really big on self-sufficiency,’ she explained. Sugar Creek, however, claimed the number of tires she was storing could attract mosquitos and lower property values. Shelton was issued a citation, but she said she was refusing to pay the fine based on principle.” Continue reading →

Georgia required woman to get vaginal exam to correct birth certificate error

“A 37-year-old Georgia woman says that she was humiliated when the state told her she would need to have her vagina probed to prove she was a woman before she could renew her driver’s license. Nakia Grimes told WAGA that she never had a reason to notice that her birth certificate had incorrectly listed her gender as male. But because of new rules at the Georgia Department of Driver Services, Grimes was required to go to Vital Records Services to obtain a copy of her birth certificate before she could renew her driver’s license. That’s when the mother noticed that the document listed her as a male.” Continue reading →

Bill Bonner: How to Invest Like the Swiss

“You can barely throw a Krugerrand in any direction without hitting a rich banker or his model wife. They stroll along the Limmatquai. They dine at the Kronenhalle. They shop on Bahnhofstrasse. And what do they think of today’s markets? ‘It’s crazy what is happening,’ said our friend. ‘But crazy things happen. You just have to make sure you’re not doing something crazy too.’ Only a fool would pretend to know where gold will come to a bottom. Nobody knows. But a lot of people think they know. And when people think they know something that they can’t really know, it is an opportunity for those who don’t know and who know they don’t know. Is that clear?” Continue reading →

Peter Schiff: Tapering the Taper Talk

“In truth, I believe that the Fed’s next big announcement will be to increase, not diminish QE. After all, Bernanke made clear in his press conference that if the economy does not perform up to his expectations, he will simply do more of what has already failed. Of course, when the Fed is forced to make this concession, it should be obvious to a critical mass that the recovery is a sham. Investors will realize that years of QE have only exacerbated the problems it was meant to solve. When the grim reality of QE infinity sets in, the dollar will drop, gold will climb, and the real crash will finally be upon us. Buckle up.” Continue reading →

Peter Schiff: The Golden Cycle

“This analysis provides a good representation of the current conventional wisdom. The only twist here is that the article from which this summary is derived appeared in the August 29, 1976 edition of The New York Times. When the gold price approached $100 per ounce, a nearly 50% decline, the obituaries came fast and furious. Everyone assumed that the gold mania would never return. Although the writer of The Times piece did not yet know it, the bottom for gold had been established four days before his article was published. Few realized at the time that the real economic pain of the 1970’s had (to paraphrase The Carpenters 1970’s hit) ‘Only Just Begun’.” Continue reading →

Bill Bonner: How Low Can Gold Go?

“The price can easily step back 50% in a bull market… then continue its upward surge. ‘At the moment gold shares are not far off pricing in the end of the world,’ says Evy Hambro of Blackrock. End of the world? Not quite. The end of the world can come at any time… and at any gold price. But we doubt that it will come on July 1, with gold at $1,200 an ounce. The feds have created an economy that can’t be sustained. Because it requires bigger and bigger inputs of cash and credit. Everyone knows this can’t go on forever. That’s why the Fed is talking about ‘tapering.’ But you don’t ‘taper’ a major addiction; you have to hit bottom first.” Continue reading →