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Marc Faber: The Fed Will Increase QE

"Marc Faber was characteristically pessimistic during his interview with Sprott Money late last month. 'I don’t think they will end QE. I rather think they will have to increase it, because as you print money or as you purchase assets, from a central banking point of view, it loses its impact over time. In order to keep the impact going, you have to essentially increase it. I believe that the dovish members of the Fed will print more money. Especially after the resignation of Mr. Bernanke early next year, when he will be replaced, there will be even more dovish members.'" Continue reading →

Continue ReadingMarc Faber: The Fed Will Increase QE

Chinese baby ‘sold by doctor’ reunited with parents

"Zhang Suxia, the doctor responsible for the birth, allegedly persuaded the parents to give up their child last month after informing them he had serious congenital diseases. The paper reported that a farmer with three daughters bought the baby boy from the alleged traffickers for 60,000 yuan ($9,800). Trafficking of children is a serious problem in China, blamed in part on the 'one-child' policy which has put a premium on baby boys, with girls sometimes sold off, abandoned or put up for adoption. Chinese police rescued 89 children and arrested 355 suspects in December after breaking up a series of child trafficking rings." Continue reading →

Continue ReadingChinese baby ‘sold by doctor’ reunited with parents

French woman offers to breast feed gay couples’ babies for $130 a day

"A woman has posted an offer on a French website to breast-feed babies of homosexual male couples for 100 euros ($130) a day, stirring up media interest just weeks after a divisive same-sex marriage law was passed. The offer, addressed to male homosexual couples who can marry legally in France since May, promises up to 10 breast-feeds a day. Alexandre Woog, chief executive of the e-loue website, said staff had no doubt about the seriousness of the proposal. 'Our legal advisers are sure of this. It’s illegal in France to sell maternal milk but this is a person proposing a service, not selling the milk in flasks,' Woog told Reuters." Continue reading →

Continue ReadingFrench woman offers to breast feed gay couples’ babies for $130 a day

Bootleggers and Baptists on the Beach

"Last year, two young college graduates had a great business idea that has become a huge success in the beach town of Delray Beach, Florida. Observing the ordeal of vacationers lugging beach chairs and other heavy beach equipment for the long, hot walk to the beach, they introduced a free golf cart shuttle service called 'The Downtowner.' The Downtowner is always fully booked and for good reason; the young drivers are prompt, exceptionally polite and courteous, and it’s free! Not surprisingly, the city government of Delray Beach is apparently doing everything it can to drive The Downtowner out of business." Continue reading →

Continue ReadingBootleggers and Baptists on the Beach

Mayhem in LA! Cars Must Be Banned!

"There was mass carnage yesterday on the Venice Beach boardwalk near LA when a man used his high-powered automobile to run over 12 people – killing one of them and sending the remainder to the hospital. The black car – a menacing color typically favored by the military – was used by a young man in his 20s – probably a loner. He may have bought the car without a background check, since these are not mandatory in California. Anyone can just go out and buy a car 'under the table' – from an unlicensed seller. There are no laws requiring that high-powered cars be kept securely stored, with their ignitions disabled or locked." Continue reading →

Continue ReadingMayhem in LA! Cars Must Be Banned!

Obama administration task force wants to make unauthorized streaming a felony

"The U.S. Department of Commerce wants to crack down on the unauthorized streaming of video and audio content by reviving a provision of the Stop Online Piracy Act. In a report released last week, the Commerce Department’s Internet Policy Task Force called for the unauthorized streaming of copyrighted works to become a felony. 'While the willfully infringing reproduction and distribution of copyrighted works can be punished as a felony, willful violations of the public performance right are punishable only as misdemeanors,' the report stated. 'This discrepancy is an increasingly significant impediment,' the report continued." Continue reading →

Continue ReadingObama administration task force wants to make unauthorized streaming a felony

MLB’s Magglio Ordonez, Who Earned $133 Million, Running for City’s Mayor—as a Socialist

"Ordonez, who earned about $133 million over his professional career, according to baseball-reference.com, supported Chavez’s '21st Century Socialism.' In 2009, he told Venezuelans in political ads that 'the best of the revolution is yet to come.' The obvious question is: Does Ordonez plan to share his millions with the people of Puerto La Cruz or does he see himself as exempt from the share the wealth schemes of socialist planners?" Continue reading →

Continue ReadingMLB’s Magglio Ordonez, Who Earned $133 Million, Running for City’s Mayor—as a Socialist

Most Americans fear anti-aging technology is luxury for the rich

"Most Americans do not want to live beyond age 100, and a poll out Tuesday suggests many worry that anti-aging technologies may end up being a luxury for the rich. A majority of US adults (56 percent) said they would not 'choose to undergo medical treatments to slow the aging process and live to be 120 or more,' said the Pew report. The median, or midpoint, for ideal lifespan was 90, or about 11 years longer than the current US average. Asked whether current medical treatments are worth the costs, 54 percent agreed and 41 percent disagreed on grounds that modern medical advances 'often create as many problems as they solve.'" Continue reading →

Continue ReadingMost Americans fear anti-aging technology is luxury for the rich

Amazon launches online art gallery

"The 19-year online retail juggernaut, which began as a bookseller but now does everything from groceries to patio furniture, launched 'Amazon Art' to market works from galleries in Miami, San Francisco, New York and other US cities. The site showcases more than 40,000 works from over 150 galleries and dealers that run the gamut as far as subject, genre and period are concerned. Works range from modest canvasses like a $44 cat portrait to Norman Rockwell’s 'Willie Gillis: Package from Home,' which retails for $4.85 million. 'From gallery walls to your walls,' boasts the site, which enables users to quickly click through works by period and genre." Continue reading →

Continue ReadingAmazon launches online art gallery