Kyle Bass On The End Of The Debt Super-Cycle

"'When you let the politicians run monetary policy, well, that is how it [ends]... All of the ingredients are there [for Japan now] for this vicious cocktail to fall apart' is how Kyle Bass concludes this broad and succinct recent interview. With total credit market debt-to-GDP globally around 350% (or ~$200 trillion), his thesis remains that many countries will reach their profligate endpoint soon (if not already in Greece's case - where investors have already lost 90c on the dollar); but that managing around this current evolution is the single-hardest period for investing of the last few decades." Continue reading

Continue ReadingKyle Bass On The End Of The Debt Super-Cycle

TX teen ostracized for protesting school GPS chip

"A Texas teenager’s attorney told RT on Friday that her refusal to wear an ID badges with a GPS tag has led to her being ostracized from all school activities. 'She’s not being treated equally,' said John Whitehead, who is representing Andrea Hernandez in an upcoming trial next week. 'If she doesn’t have the chip, she can’t access the library, cafeteria, she was told she couldn’t vote for the homecoming king and queen.'" Continue reading

Continue ReadingTX teen ostracized for protesting school GPS chip

Florida woman arrested for riding an endangered manatee

"A Florida woman photographed two months ago riding an endangered manatee in violation of state law was arrested on Saturday on misdemeanor charges, authorities said. The Pinellas County Sheriff's office said deputies arrested Ana Gloria Garcia Gutierrez, 53, without incident at her job at a Sears store in St. Petersburg on a warrant for violating the Florida Manatee Sanctuary Act. She admitted the offense claiming 'she is new to the area and did not realize it was against the law to touch or harass manatees,'the office said in a news release." Continue reading

Continue ReadingFlorida woman arrested for riding an endangered manatee

Teenagers arrested for killing neighbor’s turkey with bow and arrow

"19-year-old Joshua Anderson and 18-year-old Jacob Provo were charged with armed burglary, armed trespassing, cruelty to animals and theft of livestock for breaking into Brian and Christa Caponi’s 6-acre property in Gulf Breeze, Florida and using a bow and arrow to kill Tom, a 30-pound turkey the Caponis had owned for about a year. The two young men were allegedly on their way to butcher the animal in preparation for Thanksgiving dinner when they were arrested. They are currently being held on $57,000 bail." Continue reading

Continue ReadingTeenagers arrested for killing neighbor’s turkey with bow and arrow

Caught On Camera: Woman Goes Into Cardiac Arrest During Traffic Stop

"On June 4, CHP officers stopped to check on the welfare of 50-year-old Angela Jones after finding her sitting in a parked vehicle. Officers questioned Jones for 15 minutes, suspecting she might be under the influence, and then asked to look through her purse. She held her purse tightly to her chest and ran back to her vehicle. The CHP officer hit the trigger on his TASER® X-26 TM three times, sending three separate jolts into Jones’ chest. 'Do not move! Do not move! Stop moving!' the officer can be heard yelling. The officers then pulled the driver out of the car, placed her on the sidewalk and realized she wasn’t breathing." Continue reading

Continue ReadingCaught On Camera: Woman Goes Into Cardiac Arrest During Traffic Stop

The TSA Meets Independent Media – Opt Out And Film Week

"On day one of the 'Opt Out And Film The TSA' campaign, Dan Dicks of Press For Truth and Ashley Jessica went to the Buffalo International airport to help raise awareness about the intrusive and invasive TSA procedures. We were immediately surrounded by members of the TSA and also the Buffalo Transit Police who tried various intimidation tactics on us but ultimately failed to deter us from taking part in this important campaign." Continue reading

Continue ReadingThe TSA Meets Independent Media – Opt Out And Film Week

Glenn Greenwald: The ‘both-sides-are-awful’ dismissal of Gaza ignores the key role of the US government

"For years now, US financial, military and diplomatic support of Israel has been the central enabling force driving this endless conflict. Just consider the actions of the US over the last week as violence in Gaza escalated. On Tuesday, the US vetoed a UN Security Council cease-fire resolution on the ground, in essence, that it was too balanced. The US State Department publicly attacked its Nato ally, Turkey, for condemning Israeli aggression. As always, the US Congress and the US Executive Branch are virtually unanimous in their full-throated, completely one-sided support for Israeli actions." Continue reading

Continue ReadingGlenn Greenwald: The ‘both-sides-are-awful’ dismissal of Gaza ignores the key role of the US government

UBS requires ‘US persons’ in Switzerland to renounce Swiss data protection law

"A startling Thanksgiving Day gift awaited Americans in Switzerland, green card holders and even non-US spouses of Americans who have bank accounts with UBS. The Swiss bank sent Americans a form where they agree to renounce protection under Swiss data protection laws 'to the extent necessary for reporting …and any other information regarding the Relationship which may be requested or required by the IRS.' Signatures required include those of Swiss citizens who do not have US citizenship and have never held of green card or lived in the United States, but who have an American spouse and joint bank accounts, including mortgages." Continue reading

Continue ReadingUBS requires ‘US persons’ in Switzerland to renounce Swiss data protection law