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More Car Loans Than Mortgages in U.S.

"There are now more auto loans than mortgages in the U.S., but most of them are going to older Americans, according to New York Fed data. Borrowing for vehicles reached $814 billion in the second quarter, an increase of $20 billion from the previous quarter. The 2.5% jump was bigger than any other loan category in the quarter. The recovery has come faster for older Americans. The only group originating more loans than before the recession are people over 50, likely a result of aging Baby Boomers. But 18 to 29 year olds haven’t seen much of a recovery. Meanwhile, student loan borrowing is up 82% from prerecession levels." Continue reading →

Continue ReadingMore Car Loans Than Mortgages in U.S.

Bailout Buffett: The Sage of Solar

"Buffett sees the light (no pun intended). He's decided to risk his own capital to help save us from the climate. Except, in this case, 'risk' is for suckers. California utilities are under legislative mandate to get 33% of their electricity from renewable sources by 2020. Twenty-nine other states also have similar mandates. What can be better than circumventing the market, and having the law say that people must use your good or service? It's like having your own printing press! It gets even better for Buffett. Utilities are already signing contracts for the renewable energy. And guess what? The cost is way higher than current market prices." Continue reading →

Continue ReadingBailout Buffett: The Sage of Solar

Fox News Follows California Beach Bum Living Off Food Stamps For Years

"Meet Jason Greenslate. You don’t know him but you help buy him his food. With no job and no plans to get one, Jason picks up a cool $200 a month on his EBT card courtesy of ‘we the people’. How many more Jasons are there out there?" Continue reading →

Continue ReadingFox News Follows California Beach Bum Living Off Food Stamps For Years

Assistant U.S. attorney’s Facebook posts probed

"The U.S. Attorney for the Eastern District of Texas Malcolm Bales released a statement Wednesday morning regarding derogatory comments about minorities and President Obama posted on Facebook by a Beaumont-based assistant U.S. attorney. Asked about his comments Monday, John Craft said they 'were not related to the U.S. Attorney's office' and had no other comment. John Malcolm Bales, U.S. Attorney for the Eastern District of Texas, said his office does not have a social media policy but said he did not agree with Craft's comments and found any discriminatory sentiments 'reprehensible.'" Continue reading →

Continue ReadingAssistant U.S. attorney’s Facebook posts probed

West Virginia judge arrested for allegedly attempting to frame ex-lover’s husband

"A West Virginia judge was arrested on Thursday and charged in federal court with attempting to plant evidence on a former lover’s husband and having him arrested for a crime he did not commit. Mingo County Circuit Judge Michael Thornsbury, 57, also was accused of appointing a business partner to be foreman of the grand jury investigating the husband, the indictment said. Thornsbury, Mingo County’s only circuit judge since 1997, was arrested on Thursday, according to a federal prosecutor. He was released after paying a $10,000 bond, according to court documents." Continue reading →

Continue ReadingWest Virginia judge arrested for allegedly attempting to frame ex-lover’s husband

Texas deputy accused of raping mother in front of her children resigns

"A deputy in Texas accused of raping a woman in front of her children has resigned, according to KHOU 11 News. Lisa Rodriguez of of East Harris County told local media outlets earlier this week that the deputy came to her home to question her about harassing phone calls. During the questioning, the deputy allegedly sexually assaulted her in her own home. Rodriguez said the deputy, who has not been named, told her they should talk in a bedroom upstairs. She said the deputy then grabbed her hands and put them on his crotch. Rodriguez said the deputy told her if she resisted he would take her to jail." Continue reading →

Continue ReadingTexas deputy accused of raping mother in front of her children resigns

Louisiana Deputies Bust Gays with Unconstitutional Sodomy Law

"Baton Rouge, Louisiana suffers from the eighth highest murder rate in the nation, and yet local law enforcement apparently considers it a top priority to conduct sting operations on gay men seeking consensual sex. According to an investigation by The Advocate, deputies have been going undercover and busting gay men using an anti-sodomy law the Supreme Court had declared unconstitutional ten years ago. (Sheriff Sid Gautreaux says he hadn't heard about the Supreme Court decision.) Meanwhile, the local murder rate has jumped 40 percent over the past decade." Continue reading →

Continue ReadingLouisiana Deputies Bust Gays with Unconstitutional Sodomy Law

New “451″ Error Message Would Tell Users When Governments Block Websites

"If you don't think book burning is a fair analogy for blocked websites, may I remind you that the British Library's wi-fi filter recently blocked users from accessing Hamlet due to its 'violent' content. Over the years there's been a steady stream of reports of innocent websites getting swept up in overzealous copyright crackdowns, and free expression activists fear the same will happen under British Prime Minister David Cameron's controversial 'pornwall.' A UK consumer rights organization wants to create a new error message, called '451 unavailable,' to specify that a webpage wasn’t simply not there, it was ordered to be blocked." Continue reading →

Continue ReadingNew “451″ Error Message Would Tell Users When Governments Block Websites

More Fast and Furious guns surface at crimes in Mexico

"Three more weapons from Fast and Furious have turned up at crime scenes in Mexico, CBS News has learned, as the toll from the controversial federal operation grows. According to Justice Department tracing documents obtained by CBS News, all three guns are WASR-10 762-caliber Romanian rifles. A steady stream of the guns have been recovered at crime scenes in Mexico and the U.S. But the Justice Department has refused repeated requests from Congress and CBS News to provide a full accounting. An estimated 1,400 guns are still on the street or unaccounted for." Continue reading →

Continue ReadingMore Fast and Furious guns surface at crimes in Mexico