Food Trucks Are Increasingly Serious Terrorism Threat, Says NYC’s Fire Department

"In an internal-use-only document, NYC's Fire Department outlines its concerns about the increasing number of food trucks around New York. Not only are they serious fire hazards, but also a genuine terrorist threat. They say that it will be easy for evildoers to pack large quantities of explosive material into a food truck and conceal it. There's also a growing black market for permits, which opens the door for potential terrorist groups to obtain a truck with ease. The document says that, according to the Department of Homeland Security, 'a food cart can be used as an excellent surveillance platform due to their access and long duration stays.'" Continue reading

Continue ReadingFood Trucks Are Increasingly Serious Terrorism Threat, Says NYC’s Fire Department

Why Does Ben Bernanke Set a Specific Point Target for Inflation and Not a Range?

"Because he thinks it is easier to hoodwink the public with a single target inflation rate than with a range. In the book, Inflation Targeting, which is co-authored by Bernanke, point targets versus range targets are discussed. Currently, the Fed has a price inflation target of 2%. Expect price inflation to climb above this level and for Bernanke to do as it says in his book and jawbone that inflation above target is simply 'because of unavoidable uncertainties.'" Continue reading

Continue ReadingWhy Does Ben Bernanke Set a Specific Point Target for Inflation and Not a Range?

Pennsylvania may force workers to pay taxes to their employers

"A bill that landed on Pennsylvania Gov. Tom Corbett’s (R) desk this week would give companies that hire more than 250 new workers a gobsmacking tax incentive: 95 percent of those workers’ state income taxes would be paid to the employer, and not the state. It’s a bizarre strategy meant to attract companies from other states, specifically designed to lure California-based software maker Oracle into Pennsylvania. It’s also, as Philadelphia City Paper put it, 'lavish corporate welfare' writ large across state government." Continue reading

Continue ReadingPennsylvania may force workers to pay taxes to their employers

Nigel Farage: ‘Bailouts’ are a means for total subjugation of nation states

"No, this is now a divided, split Europe, with neo-Nazi politics on the rise, with violent demonstrations in the streets. And I frankly think that the award of that Nobel Prize devalues that whole organisation. Well, it's not all bad news, because in Britain the opinion polls are clear that a clear majority of Brits now want to leave this Union, leaving David Cameron as piggy-in-the-middle, trying to pretend to be a Eurosceptic when he comes over here, going back home and claiming victories - but he's stuck. And I predict one thing: Big political change is coming in Britain because he's losing the support of millions of his own voters." Continue reading

Continue ReadingNigel Farage: ‘Bailouts’ are a means for total subjugation of nation states

Doug Casey on how to Hedge Against Political Risk in the Greater Depression

"Welcome to Capital Account. Tonight, Mitt Romney and Barack Obama meet for their final Presidential debate, amid tightening polls. While the candidates face off on foreign policy, we talk to our guest, Doug Casey of Casey Research, about his own foreign policy strategy: the strategy of "the international man." We talk to Doug Casey about the increasing number of Americans who are moving their money and property off-shore, and about a smaller, albeit growing number of Americans choosing to renounce their citizenship entirely. What are these people afraid of, and who or what are they trying to hide from?" Continue reading

Continue ReadingDoug Casey on how to Hedge Against Political Risk in the Greater Depression

President Romney Can Thank Obama for His Permanent Robotic Death List

"It’s a good thing that Mitt Romney endorsed President Obama’s counterterrorism agenda. Should he win the election in two weeks, Romney will inherit an institutionalized, bureaucratic machine for using lethal robots to target and kill suspected terrorists and their allies. Killing Osama bin Laden was a one-time event; this 'Disposition Matrix' is Barack Obama’s real national-security legacy. Despite bin Laden’s death and the supposed disruption of al-Qaida’s old leadership, the Matrix keeps adding names, as fast or faster than the drones drop bodies." Continue reading

Continue ReadingPresident Romney Can Thank Obama for His Permanent Robotic Death List

Glenn Greenwald: Obama moves to make the War on Terror permanent

"What has been created here - permanently institutionalized - is a highly secretive executive branch agency that simultaneously engages in two functions: (1) it collects and analyzes massive amounts of surveillance data about all Americans without any judicial review let alone search warrants, and (2) creates and implements a 'matrix' that determines the 'disposition' of suspects, up to and including execution, without a whiff of due process or oversight. It is simultaneously a surveillance state and a secretive, unaccountable judicial body that analyzes who you are and then decrees what should be done with you, how you should be 'disposed' of." Continue reading

Continue ReadingGlenn Greenwald: Obama moves to make the War on Terror permanent

NYC Mayor Seeks to Ban Short-Stay Residential Room Hotels

"The charge that there are hazardous conditions in these rooms that put guests in danger is absurd. The rooms are all in residential high-rises, which house thousand of permanent residents. What's really going on here is that the two firms are competing with establishment hotels and providing cheaper rates. Bloomberg is creating a moat around the crony establishment NYC hotel industry that will make it extremely difficult, if not impossible, for operators like Smart Apartments to provide cut-rate hotel prices in a city with extremely high hotel rates." Continue reading

Continue ReadingNYC Mayor Seeks to Ban Short-Stay Residential Room Hotels

NYPD paid marijuana arrestee to ‘bait’ Muslims and spy on mosques

"Shamiur Rahman told The Associated Press that he agreed to take on the role of informant in January because he believed that several misdemeanor arrests for marijuana would result in serious legal consequences. Over the course of the year, Rahman said he spied on mosques, Muslim businesses, and Muslim student groups. He took video and photos of worshippers, recorded license plate numbers and eavesdropped on imams. NYPD Assistant Chief Thomas Galati testified earlier this year that a program to infiltrate and monitor Muslim communities had not generated a single lead or terrorism investigation." Continue reading

Continue ReadingNYPD paid marijuana arrestee to ‘bait’ Muslims and spy on mosques