Illinois governor Pat Quinn signs new ‘background checks’ law

"Private gun sales in Illinois must now be approved by state police under a law signed by Gov. Pat Quinn (D) on Sunday. WGN-TV reported that as of January 1, 2014, the law will require gun sellers to contact a police hotline to confirm that the buyer holds a valid state firearm owners’ identification card (FOID), Authorities vowed to expand their services to meet the demand for the new background checks. Another provision in the law requiring gun owners to report lost or stolen firearms to authorities within 72 hours takes effect immediately, making Illinois the eighth state to adopt such a provision." Continue reading

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Who Can Best Advise You?

"It is safe to suggest that your reading of this publication has a great deal to do with the possibility that the country in which you live is approaching that critical stage. Therefore, it may be in your interest to seek the counsel of those who, for whatever reason, have made a long-term study of historical patterns. It would also be beneficial to keep a close eye on those countries in the world that (as stated above) are on the same path of self-destruction as our own but happen to be further along in the pattern. For this reason, the woman pictured above, Argentine President Cristina Fernández de Kirchner, may be quite useful to you as an advisor." Continue reading

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Argentina’s primary elections: Bad dress rehearsal

"The bizarre teaser election that Argentines had to take part in on August 11th was designed by Cristina Fernández, the president. She put her all into promoting her candidates, even flying her hand-picked hopeful for the most populous province of Buenos Aires to Brazil to be photographed with their compatriot, Pope Francis. Photographs of him, her and the pope were plastered across the province as campaign posters. The pontiff’s magic did not rub off. Ms Fernández’s Front for Victory (FPV) party did worse than at any time in its ten-year existence." Continue reading

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A Nation Unhinged: The Grim Realities of “The Real American War”

"Turse’s book reminds us that the primary 'tragedy of Vietnam' was not that America somehow 'lost its way' in fighting an ill-advised war but rather that the war itself was a series of criminal acts perpetrated by the US government on the Vietnamese people. My characterization may sound strident to many today. Most Americans at the time certainly would have disagreed with it. Yet as the war dragged on, the number who recognized the war’s criminality grew inexorably. If you don’t already know the reason, Kill Anything That Moves will show you. And if you already do, this book will remind you why we must never forget what our country did to Vietnam." Continue reading

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Doctors Without Borders closes all operations in Somalia after 22 years

"Somalia’s embattled government, selected in November in a UN-backed process, was hailed at the time by the international community as offering the best chance for peace in Somalia since the collapse of central government in 1991. A 17,700-strong African Union force fighting alongside the national army has forced Shebab fighters from a string of towns in the past two years. But Somalia’s often rag-tag security forces, incorporating multiple militia forces into its ranks, has also been repeatedly accused by rights groups of a string of abuses." Continue reading

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Consequences of Power

"What we are seeing in Egypt and across the Middle East is the consequence of decades of US hegemony. Supporters of US policy in the region will argue that military aid to Egypt, arming Syrian rebels, drone strikes in Yemen, occupied forces in Afghanistan, etc, serve a national interest and that the 'Great Peacekeeping Armadas' of western nation states are doing exactly what they are supposed to: Maintain peace through strength. Is this a terribly misguided philosophy or a bold-faced lie? Does Obama really 'deplore violence against civilians?' Do US special interests really 'support universal rights essential to human dignity?' Has any administration?" Continue reading

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CA Attempt To Ban E-Cigarettes, Vaporizers Fails

"SB 648 would place vaporizers under the same stringent restrictions as tobacco cigarettes, banning their use in public buildings, restaurants, workplaces, hotel lobbies, playgrounds, within 20 feet of exit doors, etc. There is no evidence that vaporizers pose an appreciable second-hand smoking risk to the public. Users are known to vaporize in elevators and crowded rooms without any detectable odor or adverse notice. Bystanders are routinely exposed to worse emissions from kitchens, grills, garden plants, buses, chimneys, detergents, room deodorizers, gas stations, etc." Continue reading

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Wisconsin: Increased Penalties for Marijuana Possession Sought

"Legislation is pending in the Senate and Assembly that seeks to allow municipalities to penalize marijuana possession offenders in instances where the District Attorney has refused to prosecute. At a time when many states and local jurisdictions are moving away from spending limited resources to target minor marijuana offenders, it makes little sense to enact legislation allowing for the continued prosecution of such persons in instances where the District Attorney has decided to forgo such actions." Continue reading

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Is the Constitution Bailing Out the Banks?

"Scarcely touched by the nation’s housing recovery, Richmond is about to become the first city in the nation to try eminent domain as a way to stop foreclosures. The city plans to use eminent domain to buy both current and delinquent loans, with the city writing down the debt to allow homeowners to refinance at a new, lower amount through a government program. Naturally, the original lenders have warned that such a move will bring a host of lawsuits and halt mortgage lending in any city that adopts such an unconstitutional scheme. What promises to follow is a mess of epic proportions." Continue reading

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Bill Bonner: The Virgin Central Banker

"The air-traffic controller can help make sure people get where they were going safely. If he does his job well, things will turn out as expected. But if he does a ‘brilliant’ job, travellers end up where they didn’t expect to go; he has not really added to the sum of human happiness. Out-of-the-box air traffic controlling will not make the world a better place. It can only make a mess of things. Likewise, the best a central banker can do is the normal thing. Creative central banking — and experimental central bank policies — should be avoided. They don’t make the world a better place; they only take people where they didn’t want to go." Continue reading

Continue ReadingBill Bonner: The Virgin Central Banker