Crony America: Goldman Sachs Settles with CFTC Run by Former Goldman Partner

"Goldman Sachs has agreed to pay $1.5 million to settle charges that it failed to supervise the activities of a former trader who in 2007 was able to amass an $8.3 billion trading position without detection. The head of the CFTC, Gary Gensler, is a former Goldman partner, who was recruited by Goldman right out of Wharton. CFTC Commissioner Bart Chilton said the settlement did not go far enough. Chilton dissented in part from the agreement and said the starting point for penalties should have been $7.8 million." Continue reading

Continue ReadingCrony America: Goldman Sachs Settles with CFTC Run by Former Goldman Partner

10-Year Veteran TSA Screener Busted for Stealing iPads at JFK

"A Transportation Security Administration screener has been arrested on charges he swiped iPads and other electronic devices from passengers' luggage at John F. Kennedy Airport. Port Authority spokesman Steven Coleman said Wednesday that 32-year-old Sean Henry, of Brooklyn, was nabbed in a sting operation using decoy bags in cooperation with the TSA. Coleman says Henry was arrested after leaving work carrying in his backpack two planted iPads and other electronic devices. He says stolen items were also found in Henry's home." Continue reading

Continue Reading10-Year Veteran TSA Screener Busted for Stealing iPads at JFK

Have you ever wondered why your renting your property from the County and State?? You just thought Slavery was abolished!!!

Officials on notice that you know about CAFR… Comprehensive Annual Financial Reports! I can send you some info on the Federal Level CAFR if you want. We must contact media, powerful people with a voice? Anyone got Rick Santelli’s email? Tweet this to him! Walter Burien is the expert…his contact info is below!

Continue ReadingHave you ever wondered why your renting your property from the County and State?? You just thought Slavery was abolished!!!

UK tax hitmen to track your spending

"Credit reference agencies will cross-check details of the income people declare on their tax returns against their spending patterns to identify 'high' and 'medium' risks of both illegal and legal tax avoidance. About two million people are expected to be scrutinised under the programme, which may lead to privacy concerns. Treasury sources said that 'hundreds of millions' are expected to be raised from the greater use of third-party data, such as that supplied by credit reference agencies. Information will also be routinely shared between the British and American authorities." Continue reading

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Crime-Ridden Camden To Dump City Police Force

"As the New Jersey city of Camden blasts through its all-time-high homicide record — exceeding 60 murders so far this year — city officials have an unusual solution to rising crime: laying off the entire police department. Camden officials say it's the only affordable way to bring down crime, but critics call the strategy a deliberate move to bust the police union. People say they turn to crime because they can't make money doing anything else." Continue reading

Continue ReadingCrime-Ridden Camden To Dump City Police Force

Bitcoin going mainstream? Exchange approved to operate as a bank

"Bitcoin Central, a Bitcoin exchange that is popular in the eurozone, says it has secured approval from regulators to operate as a bank under French law. Users will be able to deposit funds in either euros or bitcoins, and to easily convert between the two. Euro-denominated funds will be insured by the Garantie des dépôts, the French equivalent to the US FDIC. The accounts will also be integrated with the French banking system, so users can have their paychecks automatically deposited into their accounts and converted to bitcoins." Continue reading

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US Small Business Owners’ Hiring Intent Plunges to 2008 Lows

"U.S. small-business owners expect to add fewer net new jobs over the next 12 months than at any time since the depths of the 2008-2009 recession, according to this November's Wells Fargo/Gallup Small Business Index survey. Small-business owners' net hiring intentions for the next 12 months plunged to -4 in November, down from +10 in July and matching the previous record low recorded by the Wells Fargo/Small Business Index of -4 in November 2008." Continue reading

Continue ReadingUS Small Business Owners’ Hiring Intent Plunges to 2008 Lows

RTW Bills Pass! What is Next?

Yesterday was truly an historic day for Michigan. Last night I was at the Capitol as the Senate passed their RTW bill (the House had passed theirs earlier in the day) while Union “activists” chanted “Shame on You”. As a liberty loving UAW retiree I can honestly say I have waited for this day for …

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Continue ReadingRTW Bills Pass! What is Next?

Letter to Senator Johanns: Will Republicans Just Repeat Debt Limit Mistake?

This letter was sent to Senator Johanns on November 12, 2012. Dear Senator Johanns, As I wrote you earlier, if the Republicans caved on the debt limit issue they would pay a price at election time. Well, the party leadership not only caved, they compounded their foolishness by agreeing to automatic future budget cuts that… more

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Glenn Greenwald: Laptop seizures by US government highlight 9/11-era climate of fear

"A nation in which liberties are systematically abused - in which limitations on state power are ignored without consequence - is one which gives rise to a climate of fear. This climate of fear, in turn, leads citizens to refrain from exercising their political rights, because they know the government can act against them without real constraints. This morning, the New York Times reports on the US government's practice of targeting US dissidents - or those whom it believes to be engaging in dissent - with extremely invasive border searches, including seizing (and sometimes keeping for months) their laptops and other electronic data, all without any warrants." Continue reading

Continue ReadingGlenn Greenwald: Laptop seizures by US government highlight 9/11-era climate of fear