CLibertyC

The Murder of David Sal Silva

"A mob of nine men beat David Sal Silva, 33, to death in Bakersfield, California, last week. They hogtied him, bashed his head with batons, picked him up and then dropped him at least twice as he screamed and pleaded for his life. They committed this crime openly – I would say in broad daylight, except that it was around midnight. Nonetheless, they slaughtered Mr. Silva on a fairly busy road, across the street from a hospital and in view of the neighborhood’s residents and passers-by. Where are the cops in all this? Protecting their own: the nine killers are sheriffs from Kern County." Continue reading →

Continue ReadingThe Murder of David Sal Silva

California cops defend seizing video depicting fatal beating case

"Authorities in Kern County, California are defending themselves against criticism for confiscating cell phone video of seven sheriff’s deputies’ fatal encounter with a 33-year-old man. But witnesses to the May 8 incident involving the deputies and 33-year-old David Silva said deputies overstepped their bounds in gathering that evidence. A witness told the Bakersfield Californian that two detectives entered her apartment to seize video taken by her boyfriend and blocked the entrance, then demanded her mother’s phone. Another witness gave the family surveillance footage taken near the site of the encounter that shows deputies hitting Silva with their nightsticks." Continue reading →

Continue ReadingCalifornia cops defend seizing video depicting fatal beating case

Eric Holder defends seizure of AP phone logs to track down ‘the most serious’ CIA leak

"The US administration pushed back Tuesday after being accused of undermining press freedom by seizing reporters’ phone records, claiming officials took the drastic steps to protect American lives. Amid a barrage of criticism, Attorney General Eric Holder said telephone logs were secretly taken from US news agency the Associated Press as part of a probe into a security breach which had put the American people at risk. The comments came as President Barack Obama’s administration faced heavy criticism over the Justice Department’s decision to seize two months of phone records from the news operations of the Associated Press." Continue reading →

Continue ReadingEric Holder defends seizure of AP phone logs to track down ‘the most serious’ CIA leak

IRS office under scrutiny for targeting tea party groups also disclosed confidential info

"The same IRS office that deliberately targeted conservative groups applying for tax-exempt status in the run-up to the 2012 election released nine pending confidential applications of conservative groups to ProPublica late last year. In response to a request for the applications for 67 different nonprofits last November, the Cincinnati office of the IRS sent ProPublica applications or documentation for 31 groups. Nine of those applications had not yet been approved - meaning they were not supposed to be made public." Continue reading →

Continue ReadingIRS office under scrutiny for targeting tea party groups also disclosed confidential info

Let’s Thank President Obama for Reminding Americans that They Should Distrust the IRS

"Last week, while writing about the latest IRS scandal, I noted that the IRS has a long record of abusive actions. It has thieving employees. It has incompetent employees. It has thuggish employees. It has brainless employees. And it has victimizing employees. So I wasn’t surprised to learn that it also has politically biased employees. But some Americans probably are shocked. Why am I thanking Obama? For the simple reason that this scandal means that more Americans now understand that the IRS is a venal agency." Continue reading →

Continue ReadingLet’s Thank President Obama for Reminding Americans that They Should Distrust the IRS

Argentina’s Deadbeat Special: Buy a 4% Bond or Go to Jail

"President Cristina Fernandez de Kirchner wants tax evaders hiding about $160 billion in dollars to help finance Argentina’s oil-producing ambitions. Her offer: Buy a 4 percent bond or face the prospect of jail time. The tax authority announced the plan May 7, highlighting its information-sharing agreements with 40 nations and warning Argentines who don’t use the three-month amnesty window that they risk fines or arrest. Evaders have two options for their cash and the only one paying interest will be a dollar bond due in 2016 to finance YPF SA (YPF), the state oil company." Continue reading →

Continue ReadingArgentina’s Deadbeat Special: Buy a 4% Bond or Go to Jail

Youth Without Hope: 60% Unemployment

"Greece has a 60% unemployment rate for people in the 18-25 age bracket. Think of this. This is a generation that is unlikely ever to save their career plans out of the recession that has overtaken Greece and is getting worse. It will mar them for the rest of their lives. The experts said this was impossible in 2007. The bankers in northern Europe believed the hype. They lent money to Greece’s government and businesses. Now they need bailouts from the European Union — the government — and the central bank, and the IMF. They care nothing about Greece. They just want someone to pay interest on their loans. They are getting what they ask for. Greece isn’t." Continue reading →

Continue ReadingYouth Without Hope: 60% Unemployment

Only Half Of College Grads Work Jobs That Require A Degree

"A college degree might not be worth the hassle and expense, according to a new study. Almost half of four-year college graduates are working jobs that don’t require a bachelor's degree, according to a study by McKinsey & Co. that asked 4,900 graduates about their careers after college. Furthermore, around a third of college graduates said they did not feel that college had fully prepared them for the working world. Over half said they’d choose a different school or a different major if they could do it again." Continue reading →

Continue ReadingOnly Half Of College Grads Work Jobs That Require A Degree

Calculating the ROI of a 4-Year College Degree

"People tend to assume that getting a college education is a good financial investment. But a new Brookings report 'Should Everyone go to College?' finds that the actual value of a 4-year bachelor’s degree can vary dramatically depending on factors such as field of study, type of college, graduation rate, and future occupation. The more selective the school, the higher the return on investment (ROI) as calculated by Payscale. The bad schools are pretty bad, as Payscale found that 1 in 5 have a negative ROI over 30 years. The lifetime earnings of a graduate also varies widely with the type of major and subsequent occupation." Continue reading →

Continue ReadingCalculating the ROI of a 4-Year College Degree

Bankers: College debt bubble mimics housing bubble

"A group of bankers have just dumped two more problems on the Federal Reserve's plate. The Federal Advisory Council, made up of 12 bankers who meet quarterly to advise the central bank, warned that farmland prices are inflating 'a bubble' and growth in student-loan debt has 'parallels to the housing crisis,' which was the primary cause of the Great Recession in the U.S. Bernanke has dismissed parallels between student lending and the subprime mortgage crisis." Continue reading →

Continue ReadingBankers: College debt bubble mimics housing bubble