Gold Rises, Dollar Rises, Stocks Fall: The Cyprus Disaster Begins

“Over the weekend, Eurozone bureaucrats at a closed meeting came up with a plan. The committee demanded that the government of Cyprus impose a tax of 3% on all bank accounts under $130,000, and close to 10% on all accounts over $130,000. If the government refuses, the Eurozone will not provide a $13 billion bailout for the banks of Cyprus. The story is all over the European press, for good reason. The Eurocrats had always said that bank accounts would be sacrosanct. This announcement says, ‘We lied.’ But they also assured depositors that this will never happen again. ‘Trust us.'” Continue reading

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Believe a Politician and You Will Lose Your Money

“The president of Cyprus assured voters that he would never, ever tax their bank accounts. Now he says the government must do this. Any voter who heard this assurance should have gone to his bank immediately and withdrawn half of his money. Then he should have sent another 40% to a German bank. The other 10% he might have left in his bank to meet existing expenses. Anyone who left all of his money in the bank was a fool. He trusted the head of the country.” Continue reading

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The EU Robs the Bank In Cyprus – Coming to the USA Too?

“The Cyprus case illustrates that raiding savings deposits, which were once thought of as off limits, is an option that is very much on the table for desperate Western governments. They didn’t ask. They just took, without permission, with no warning, and amid secret discussions. By hook or by crook, desperate governments will grab anything within their reach when they want to. They are not constrained by the laws that apply to the average citizen, or any sort of ethical considerations. They are only limited by ‘what they can get away with.'” Continue reading

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LB512 and Common Core — A Potential Threat to Local Control of Schools

Just a quick post today to call your attention to a bill in the Unicameral that’s not attracting much attention, but should.  WHEN THE EDUCATION COMMITTEE HELD A HEARING CONCERNING THIS BILL ON FEBRUARY 25TH, NO ONE SPOKE IN OPPOSITION. LB512 was introduced by Senator Jim Scheer (Dist. 19), who’s […]

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Michigan couple grew 206 marijuana plants ‘across the street from city hall’

“A couple in Coloma, Michigan was arrested Wednesday and charged in connection to a marijuana growing operation authorities claim they found in the rear of their computer repair business, located directly across the street from the town’s city hall. In all, police said they pulled 206 marijuana plants out of the building. The couple, 66-year-old Dennis Dickson and 57-year-old Emily Jacobs, were arrested Wednesday afternoon following an investigation by the Berrien County Sheriff’s Office and the Federal Bureau of Investigation. Authorities said the total value of the grow was roughly $206,000.” Continue reading

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Task force: Tourists welcome to get stoned in Colorado

“The task force agreed that tourists should be sold smaller amounts than residents, and only Colorado residents who’ve lived in the state two or more years should be allowed to sell marijuana at retail. Retail locations would also be required to sell only what they grow. Additionally, starting in 2014 only licensed medical marijuana dispensary owners will be allowed to apply for recreational sales permits, but the application process would open to all Colorado residents starting in 2015.” Continue reading

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Stopping Common Core: What You Can Do NOW!

What spectacle can be more edifying or more seasonable, than that of Liberty & Learning, each leaning on each on the other for their mutual and surest support? ~ James Madison     Grassroots in Michigan will be bringing you information on education in Michigan and educational topics from grassroots activists and experts nationwide. The …

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North Chicago cop charged with double homicide after drunken wrong-way crash

“A North Chicago police officer was charged on Saturday with two counts of reckless homicide and two counts of aggravated driving under the influence for his involvement in a three-car collision that killed two people. WMAQ-TV reported that Officer Terrel Garrett was been placed on administrative leave after the accident, in which Garrett was going the wrong way on on Lake Shore Drive on Friday morning when his SUV plowed into two other vehicles. Witnesses said Garrett was driving at more than 60 miles an hour at the time. Two college students, 25-year-old Joaquin Garcia and 27-year-old Fabian Torres, were killed at the scene.” Continue reading

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