Land Of The Flea

Librarian wants to ban 5-time reading champ from contest

"After Tyler Weaver read 63 books between June 24 and Aug. 3 to win this year’s Dig Into Reading competition at the Hudson Falls Public Library, director Marie Gandron told a reporter from the Glens Falls Post-Star that Weaver 'hogs' the contest every year and should 'step aside.' 'Other kids quit because they can’t keep up,' Gandron said. Gandron's declaration didn't sit well with Tyler and his family. 'When he heard what the director said [about him] he was very upset,' Katie Weaver, Tyler’s mother, told TODAY. 'He’s never seen being good at reading to be a negative thing. And he shouldn’t! He realized that the director was wrong.'" Continue reading →

Continue ReadingLibrarian wants to ban 5-time reading champ from contest

Obamanomics, as Captured by Cartoonists

"As evidenced by my political cartoon contest, I’m a big fan of that form of satire. And if I’m looking at cartoons specifically about statist economic policy, my favorites include Chuck Asay’s dead pig cartoon, as well as his cartoon about the big bad wolf. And this Michael Ramirez headwinds cartoon is one of the most-viewed posts in the history of my blog, though I personally prefer his European lemming cartoon. Now let’s add some more cartoons to the collection, beginning with a Michael Ramirez gem about Detroit." Continue reading →

Continue ReadingObamanomics, as Captured by Cartoonists

Truth From The Treasury Secretary: Social Security at Risk

"He is only talking here about the problems that political gamesmanship between Democrats and Republicans might temporarily cause in the Treasury selling debt. But the danger is the same, if not greater, when markets won't allow the Treasury to raise funds at cheap rates. It will mean cutbacks in Social Security and other entitlement programs or it will mean the Federal Reserve stepping in and printing more money to buy the Treasury securities that no one else will want. Either way, it won't turn out well for the retirees who depend on Social Security, either there will be immediate cutbacks or price inflation will cut into the purchasing power of the payments." Continue reading →

Continue ReadingTruth From The Treasury Secretary: Social Security at Risk

Treasury chief says U.S. again perilously close to breaching the debt ceiling

"Treasury Secretary Jacob Lew urged Congress on Thursday to raise the US borrowing ceiling, warning that not doing so could jeopardize Washington’s creditworthiness and raise fears of a default. With the US closing on the point where spending will surpass available funds, Lew said it was crucial for Congress to raise the debt cap as soon as it comes back into session at the beginning of September. Failure to raise the ceiling would force cuts to many parts of the government, including the military and social security benefit payouts, and 'have disastrous effects for our nation,' Lew told an audience in Mountain View, California." Continue reading →

Continue ReadingTreasury chief says U.S. again perilously close to breaching the debt ceiling

Boardwalk Violinist vs. City Hall: Challenging Ocean City’s Noise Ban

"Ocean City, Maryland is known for a bustling boardwalk that's packed with the sights, smells, and sounds of summer. The city's leaders, however, approved an ordinance prohibiting anyone from being audible from more than 30 feet away while on the boardwalk. Mayor Rick Meehan tells Reason that the goal was 'to ensure that everybody had an opportunity to enjoy Ocean City.' But that wasn't how William Hassay saw it after being hassled by cops. Hassay has been entertaining passersby for almost 20 years by playing his violin for tips. 'I was told I would be cited and that I would be subjected to face jail time,' he says." Continue reading →

Continue ReadingBoardwalk Violinist vs. City Hall: Challenging Ocean City’s Noise Ban

CIA finally admits it masterminded Iran’s 1953 coup

"On the 60th anniversary of the 1953 military coup in Iran that overthrew the government of radical nationalist Mohammad Mossadegh, the US has declassified documents detailing how the CIA’s secret operation brought the country’s Shah back to power. Monday’s publication under the US Freedom of Information Act came as something of a surprise, since most of the materials and records of the 1953 coup were believed to have been destroyed by the CIA, the Archive said. The CIA said at time that its 'safes were too full.'" Continue reading →

Continue ReadingCIA finally admits it masterminded Iran’s 1953 coup

Only One Big Telecom CEO Refused To Cave To The NSA; Jailed For Years

"Former Qwest CEO Joseph Nacchio is currently serving a six-year sentence after being convicted of insider trading in April 2007 for selling $52 million of stock in the spring of 2001 as the telecommunications carrier appeared to be deteriorating. During the trial his defense team argued that Nacchio, 63, believed Qwest was about to win secret government contracts that would keep it in the black. Nacchio alleged that the government stopped offering the company lucrative contracts after Qwest refused to cooperate with a National Security Agency surveillance program in February 2001." Continue reading →

Continue ReadingOnly One Big Telecom CEO Refused To Cave To The NSA; Jailed For Years

Lavabit: The Latest Dead Canary in the Privacy Coal Mine

"Private data stored with a company which is US-based and/or has servers based in the US does not have strong legal or privacy protection. The US government can force that company to turn over its customer data while also preventing it from talking about it. Are you still entrusting your private data to a US-based company or a company with servers based in the US? If you are but you value your privacy, you need to move your data elsewhere. Otherwise, that company might be compelled to violate your privacy and give up your data to the US government. And they may never be able to tell you about it." Continue reading →

Continue ReadingLavabit: The Latest Dead Canary in the Privacy Coal Mine

Redditors Raise More Than 32 Bitcoins (over $4,000) for Homeless Shelter

"In May of this year, the Pensacola City Council passed a 'camping ban' ordinance despite significant opposition. The ordinance bans camping on city-owned and residential property and prohibits sleeping, bathing and shaving in public restrooms. The ordinance effectively make it a crime to be homeless. In his post, Greg called Bitcoiners to action by sharing his experience and offering to match donations made to Sean’s Outpost. Hundreds of donations came in (and were matched) with several donations over $100. The largest single donation came from Redditor 'shakethatbass' who donated a whopping 15 bitcoins – worth over $1,700." Continue reading →

Continue ReadingRedditors Raise More Than 32 Bitcoins (over $4,000) for Homeless Shelter

Additional $2.1M Seized from Mt. Gox Accounts – Now Over $5M Total

"The executed seizure warrant for Mt. Gox’s account with Dwolla was published, showing $2.9 million was seized by the US government. According to documents obtained today by TGB’s research staff from the records of the District Court of Maryland, more than $2.1 million was also seized from two of Mt. Gox’ Wells Fargo accounts – totaling to more than $5 million seized from Mt. Gox accounts by the US government. One of the accounts at Wells Fargo was registered to Mutum Sigillum LLC, the same entity associated with the Dwolla account. The second Wells Fargo account seized was in the name of Mark Karpeles himself." Continue reading →

Continue ReadingAdditional $2.1M Seized from Mt. Gox Accounts – Now Over $5M Total