Grabfest

8 arrested in Huntington Beach as surfing crowd trashes porta-potties after event

"Eight people were arrested Sunday night in Huntington Beach, California after a rash of mob violence following the conclusion of a surfing competition, KABC-TV reported. Local police told KABC the unrest began around 7:15 p.m. local time, about two hours after the end of the annual U.S. Open of Surfing event, when large fights broke out among the crowd of spectators, with the disturbances moving into the city’s downtown area as police moved in to disperse the revelers. Departments from nearby cities were called in for assistance, forcing streets to be closed down until the crowd was cleared out around 10 p.m." Continue reading →

Continue Reading8 arrested in Huntington Beach as surfing crowd trashes porta-potties after event

Hundreds of fast food workers strike in New York for a ‘living wage’

"Hundreds of workers at McDonald’s and other fast food outlets across New York went on strike Monday for higher wages in a movement organizers hope will spread nationwide. Sporadic walkouts left managers to serve customers at flagship McDonald’s outlets on Times Square and 5th Avenue in Manhattan. Organizers said the strike had hit around 60 restaurants operated by McDonald’s, Wendy’s, KFC and Burger King across the New York area. The striking workers are demanding the introduction of a standard wage of $15/hour, more than twice the $7.25 minimum wage that many fast food employees earn here." Continue reading →

Continue ReadingHundreds of fast food workers strike in New York for a ‘living wage’

Bankruptcy Litigation Does Not Generate New Wealth

"The only viable long-term strategy for claimants is to focus on doing whatever it takes to help the city/county start generating new wealth. But this is far more difficult than hoping to win some court ruling, and it also requires sacrificing the dearly held belief that fantasy entitlements should be made real by somebody, somewhere. Which brings us to the ultimate make-us-whole fantasy, the Federal bailout of every bankrupt city, county and state in the nation. Every constituency is of course first in line in terms of being deserving of 'what's owed to me.' Unfortunately for those counting on the Grand Federal Bailout, the queue at the Federal bailout window is already long." Continue reading →

Continue ReadingBankruptcy Litigation Does Not Generate New Wealth

Zimmerman protesters raid LA store, stop freeway

"More than 300 officers were called to the scene and were at first slow to directly engage protesters in an attempt to allow a peaceful end to the demonstration. A smaller group of between 100 and 150 people splintered off and began blocking traffic on nearby Crenshaw Boulevard, some of them jumping on cars and breaking windows at liquor stores and fast food outlets. Several protesters ran into a Wal-Mart store, where they knocked down displays before store security chased them out, and police began guarding the door. TV news helicopters showed some people kicking and punching others along the street, including two people sitting on a bus bench." Continue reading →

Continue ReadingZimmerman protesters raid LA store, stop freeway

Zimmerman protesters raid LA store, stop freeway

"More than 300 officers were called to the scene and were at first slow to directly engage protesters in an attempt to allow a peaceful end to the demonstration. A smaller group of between 100 and 150 people splintered off and began blocking traffic on nearby Crenshaw Boulevard, some of them jumping on cars and breaking windows at liquor stores and fast food outlets. Several protesters ran into a Wal-Mart store, where they knocked down displays before store security chased them out, and police began guarding the door. TV news helicopters showed some people kicking and punching others along the street, including two people sitting on a bus bench." Continue reading →

Continue ReadingZimmerman protesters raid LA store, stop freeway

Families occupy unfinished homes in Spain

"On the edge of a green field where horses graze, Juana and her neighbours found this mini estate of more than 70 elegantly painted three-bedroom houses, empty and partly plundered. She says about 70 families have moved into the estate in the past three weeks, into houses that are all but finished but lack water and electricity. Like countless projects across Spain, the site was abandoned by property developers when the bank loans dried up in the 2008 financial crisis. Local authorities have remained silent on the status of the site. Unlike many of Spain’s so-called 'ghost towns', life has returned to this one, in the form of local families ruined by the crisis." Continue reading →

Continue ReadingFamilies occupy unfinished homes in Spain

Boston University sues Apple claiming it stole professor’s 1997 idea

"Theodore Moustakas, a professor of electrical and computer engineering at Boston University, published a patent for 'highly insulating monocrystalline gallium nitride thin films' in November 1997 The patent is set to expire in 2015. Boston University has not made a comment as to why the university chose this time to file on Mr. Moustakas' behalf. BU has asked Apple to halt the sales of the iPhone 5, iPad, and MacBook Air, and has asked for damages. Apple has sold more than 100 million iPads and 55 million copies of the iPhone 5." Continue reading →

Continue ReadingBoston University sues Apple claiming it stole professor’s 1997 idea

Feds, Anaheim Try to Seize $1.5M Building . . . With No Charges Against the Owner

"Anaheim small business owner Tony Jalali faces the loss of his office building, which is worth $1.5 million, even though he has committed no crime. The city of Anaheim is colluding with federal prosecutors to do an end-run around state laws to take away Jalali’s building because he rented space to medical marijuana dispensaries, even though they operated legally under California law. Jalali is fighting back. Represented by the Institute for Justice, he is challenging the constitutionality of the taking of his land to put an end to the civil forfeiture in the U.S. District Court for the Central District of California in Santa Ana, Calif." Continue reading →

Continue ReadingFeds, Anaheim Try to Seize $1.5M Building . . . With No Charges Against the Owner

Senate bill would offer college students the same interest rates as banks

"Sen. Elizabeth Warren (D-MA) introduced a bill on Wednesday that would give college students the same interest rates on their federal student loans as banks do when borrowing from the Federal Reserve. 'If the Federal Reserve can float trillions of dollars to large financial institutions at low interest rates to grow the economy, surely they can float the Department of Education the money to fund our students, keep us competitive, and grow our middle class,' Warren said. The Student Loan Fairness Act would call for the Fed to 'float the money' to the department for one year, giving Congress enough time to enact a long-term agreement on student loan rates." Continue reading →

Continue ReadingSenate bill would offer college students the same interest rates as banks

Man trampled as hundreds of desperate Greeks scuffle for food

"A fruit and vegetable handout in Greece led to one man being trampled on Wednesday, calling attention to desperate conditions. Some 55 tons of produce was given away by farmers who were protesting high production costs. The chaos was sparked when food stalls ran out of fruits and vegetables, prompting dozens of people to rush to a nearby truck. It was an 'every man for himself' situation as the Greeks shoved their way to the front of the truck, competing for the food that was left. The 55 tons of food was completely gone in under two hours. A Reuters employee at the scene was hit on the head with cauliflower heads as he attempted to photograph the situation." Continue reading →

Continue ReadingMan trampled as hundreds of desperate Greeks scuffle for food