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Fort Knox, Texas?

March 8, the bill filing deadline for the Texas legislature, was a very good day for We Texans. In addition to the filing of our property tax elimination bill and a common carrier/eminent domain reform bill, Rep. Giovanni Capriglione filed HB 3505: The Texas State Bullion Depository Bill More about this bill from our friends at
Janice Cookston
WeTexans.com Archives
originally http://wetexans.com/fort-knox-texas/
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Texas Sound Money: — The Depository would be a state agency under the purview of the State Comptroller. The … Continue reading →

Florida Lt. Gov. Jennifer Carroll resigns over Internet gambling scandal

“Florida’s Republican lieutenant governor on Tuesday resigned amid questions about her connection to an Internet gambling firm that that is being investigated for racketeering, money laundering and lying about how much it donated to veterans. Carroll submitted her resignation to Gov. Rick Scott (R) on Tuesday after she was interviewed about her links to Allied Veterans of the World, a nonprofit which operates Internet cafes in Florida. Allied Veterans co-owner Jerry Bass, his lawyer and two top officers from Jacksonville’s Fraternal Order of Police were arrested on Tuesday after a raid on Internet cafes run by the nonprofit.” Continue reading →

Michigan governor appoints technocrat to run Detroit

“Michigan Governor Rick Snyder tapped a restructuring expert who helped successfully steer Chrysler through a government-backed bankruptcy to lead a state takeover of Detroit. The move by a white, Republican governor to take control of a predominantly black and Democratic city has drawn intense criticism and charges of racism. The choice of Kevyn Orr, an African American and Democrat who grew up in Michigan, should help stem some of that criticism. Emergency managers have the power to eliminate entire departments, change labor contracts, sell city assets and rewrite laws without any public review or input.” Continue reading →

U.S. complains about ‘excessive’ business class travel by UN staff

“The United States is taking aim at ‘excessive’ business class air travel by UN staff as it presses a campaign to restrain the global body’s multi-billion dollar budget. The United Nations spent at least $769 million of its general budget of more than $5 billion in 2010-11 on moving officials and staff around the world, according to UN figures. The peacekeeping department, which has its own budget, spent another $200 million. Some $54 million of the $74 million of air tickets bought at the main headquarters in New York and Geneva were business class. Diplomats say the figure is probably much higher as no clear figures have been given.” Continue reading →

Brezhnev Bonds Haunt Putin as Investors Hunt $785 Billion

“Holders of Soviet bonds first sold in Communist leader Leonid Brezhnev’s final year are getting in France what they can’t get from President Vladimir Putin: money. The European Court of Human Rights in Strasbourg ordered Russia last month to pay on part of the 25 trillion rubles ($785 billion), equal to almost half of Russian economic output, the government says it still owes the public from lost Soviet savings. Putin is stalling, most recently signing an order in April to halt payments on the notes until at least 2015. Now, armed with court rulings, veteran speculators are joining pensioners in seeking to cash in.” Continue reading →

Russia yet to decide on Cyprus loan extension

“Russia has made no decision yet on whether to extend the duration or ease the terms of a sovereign loan to Cyprus, a government source told Reuters on Monday. European Union officials, who over the weekend agreed a 10 billion euro bailout for the Mediterranean island, have said they expect Russia to extend its 2.5 billion euro ($3.27 billion) loan by five years, until 2021, and refinance terms. The involvement of any Russian investors – private or state – in recapitalization of the island’s struggling banks is still a matter of talks, the government source said.” Continue reading →

Was CPAC LibertarianMania?

Many seemed to think so. The Daily Beast “Rand Paul is So Hot Right Now:” If CPAC were a music festival, Jeb Bush or Paul Ryan might be the headliner, butRand Paul would be the obscure indie band-turned-newly-hip main attraction. The senator from Kentucky’s now-infamous filibuster last week seems to have done for Paul what “coming out” […]

Cyprus Parliament: “Stuff It, Eurocreeps!”

“This is a major setback for the New World Order in Europe. They are barely holding the Eurozone together with promises and fiat money. The voters in tiny Cyprus have called their bluff. Let’s see what they come up with now. Let’s see how they prevent the bank run that their policies triggered. They all seem so clever. But this time, a national parliament has called their bluff. Where is their power now? What rabbit will they pull out of a hat this time?” Continue reading →