Clueless

Michigan couple grew 206 marijuana plants ‘across the street from city hall’

"A couple in Coloma, Michigan was arrested Wednesday and charged in connection to a marijuana growing operation authorities claim they found in the rear of their computer repair business, located directly across the street from the town’s city hall. In all, police said they pulled 206 marijuana plants out of the building. The couple, 66-year-old Dennis Dickson and 57-year-old Emily Jacobs, were arrested Wednesday afternoon following an investigation by the Berrien County Sheriff’s Office and the Federal Bureau of Investigation. Authorities said the total value of the grow was roughly $206,000." Continue reading →

Continue ReadingMichigan couple grew 206 marijuana plants ‘across the street from city hall’

Maxine Waters: EVERYONE in America Will Lose Their Job Because of Sequestration

"If Congress allows sequestration cuts to take effect, more than 170 million Americans could lose their jobs, according to Rep. Maxine Waters (D-Calif.) 'If sequestration takes place, that’s going to be a great setback. We don’t need to be having something like sequestration that’s going to cause these job losses — over 170 million jobs that could be lost,' Waters said." Continue reading →

Continue ReadingMaxine Waters: EVERYONE in America Will Lose Their Job Because of Sequestration

Upcoming European Financial Trading Tax: “All Markets, All Actors, All Products”

"The tax would be owed no matter where the trade took place, as long as a European security or European institution was involved. If a French bank bought shares in an American company on the New York Stock Exchange, the tax would be owed. To get out of the tax, a financial institution would have to do more than simply move its headquarters out of the 11 countries that now plan to impose the tax. It would also have to forgo serving clients in any of those countries and trading in securities or derivatives from any of the countries. Officials are confident that no major institution will be willing to forsake such large markets as France, Germany, Italy and Spain." Continue reading →

Continue ReadingUpcoming European Financial Trading Tax: “All Markets, All Actors, All Products”

One fake MIT shooter and the troubling trend of SWATting

"When all was said and done, the area remained shut down for nearly three hours. More than 30 armed officers searched the campus. Traffic was diverted outside the area. Numerous news outlets followed the situation. MIT issued formal warnings to all members of its community (more than an hour after the initial CPD alert). Students were asked to take shelter in place throughout the morning. The MIT employee identified by the caller was put through questioning but eventually cleared of any involvement. Even the FBI and Secret Service were called in on the matter. Haven't heard about this? Thankfully, it's because no shooting took place on February 23 at MIT." Continue reading →

Continue ReadingOne fake MIT shooter and the troubling trend of SWATting

FED paper warns it might not be able to undo QE

"A new paper for the US Monetary Policy Forum and published by the Fed warns that the institution's capital base could be wiped out 'several times' once borrowing costs start to rise in earnest. A mere whiff of inflation or more likely stagflation would cause a bond market rout, leaving the Fed nursing escalating losses on its $2.9 trillion holdings. This portfolio is rising by $85bn each month under QE3. The longer it goes on, the greater the risk. Exit will become much harder by 2014. What is new is that these worries are surfacing openly in Fed circles." Continue reading →

Continue ReadingFED paper warns it might not be able to undo QE

Tens of Thousands Protest in Spain (as Santa Claus dies)

"On Saturday, tens of thousands marched in cities throughout Spain to protest deep bankster driven 'austerity' measures taken by the government. The people are clearly fed up. The sad part of this is that most have no clue as to what are the proper measures that should be taken to reverse the deteriorating economic situation. The only way Spain gets out of its deteriorating situation is by cutting the red tape that makes it difficult for businesses to operate, and to also cut taxes and government spending, so that the country moves away from its current bureaucratic mess and closer to a free market that can spur energy and creativity." Continue reading →

Continue ReadingTens of Thousands Protest in Spain (as Santa Claus dies)

American Citizens Split On DOJ Memo Authorizing Government To Kill Them

"Following the release of a secret Department of Justice memo this week that outlines the administration’s legal justification for killing U.S. citizens, a new Pew Research Center poll has revealed that a majority of Americans are torn over whether they support the government’s right to kill them anywhere at any time without due process." Continue reading →

Continue ReadingAmerican Citizens Split On DOJ Memo Authorizing Government To Kill Them

Bernanke Said to Minimize Asset-Bubble Concern at Meeting

"The Fed chairman brushed off the risks of asset bubbles in response to a presentation on the subject from the group, one person said. Among the concerns raised, according to this person, were rising farmland prices and the growth of mortgage real estate investment trusts. Falling yields on speculative- grade bonds also were mentioned as a potential concern, two people said. The 'first line of defense' if bubbles emerge 'needs to be regulatory and supervisory' actions rather than changes in monetary policy, according to Bernanke." Continue reading →

Continue ReadingBernanke Said to Minimize Asset-Bubble Concern at Meeting

A City of Fear: A Visit to Timbuktu after Its Liberation By French Troops

"Colonel Gèze set up his headquarters in a camouflage tent across from the runway. Following the airstrikes by the French Air Force, his men entered Timbuktu without meeting any resistance. The colonel still feels a little uneasy about their speedy victory. Gèze can't say how many people were killed in the air strikes. His soldiers didn't take any prisoners, either. Still, even though the jihadists have left Timbuktu, Gèze hasn't defeated them. Perhaps they have gone to Mauritania or Algeria. The officer shrugs his shoulders. 'We're keeping our eyes and ears peeled and are questioning our informants,' he says. 'The Islamists have to be hiding out somewhere.'" Continue reading →

Continue ReadingA City of Fear: A Visit to Timbuktu after Its Liberation By French Troops

Elderly couple pulled over, questioned after their Buckeye car decal is mistaken for a marijuana leaf

"On the back of Jonas-Boggioni’s car was a Buckeye leaf decal, similar to the one players’ have on their helmets, and cops mistakenly thought it was marijuana leaf. After trying to explain that the sticker was not a marijuana leaf and that she and her husband were not trafficking drugs cross-country, the police advised Jonas-Boggioni to remove the sticker as to not cause any more confusion. You know, just in case there were any other moronic drug cops out there that didn’t actually know what a marijuana leaf looked like." Continue reading →

Continue ReadingElderly couple pulled over, questioned after their Buckeye car decal is mistaken for a marijuana leaf