Deadly ‘swatting’ hoaxes and the dangerous conditioning of cops

"Sometimes a rifle really is just a pellet gun. Sometimes a hostage situation is a prank. Sometimes a dispatcher gets it wrong. And sometimes a man 'reaching for his waistband' is just trying to pull up his pants. But these stories also show that what the police claim to have seen isn’t what happened."

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‘Swatting’ prank results in police killing of unrelated Kansas man

"A 28-year-old Kansas man was shot and killed by police after a fraudulent SWAT team call sent a small army of police officers to the man’s private home. One player allegedly provided a fake address to another, who proceeded to embroil the innocent stranger in the feud without thinking of the consequences."

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Warning: Trump’s Federal Reserve Pick Hates Gold and Cash

"Marvin Goodfriend thinks there should be a robust negative interest rate placed on cash. For example, if there was a -10% interest rate on cash, your $10 bill would actually be worth only $9. It is basically a penalty for using cash. The excuse is that this will stabilize the economy by keeping more capital in the banks. It means banks, and by extension, the Federal Reserve, have more control over your money. The gold standard, Goodfriend argues, was also an encumbrance on monetary policy, 'destabilizing' prices."

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Senate Tax Bill’s Marginal Rates Could Top 100% for Some

"The possible marginal tax rate of more than 100% results from the combination of tax policies designed to provide benefits to businesses and families but then deny them to the richest people. As income climbs and those breaks phase out, each dollar of income faces regular tax rates and a hidden marginal rate on top of that, in the form of vanishing tax breaks. That structure, if maintained in a final law, would create some of the disincentives to working and to earning business profit."

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With the stroke of a pen, 31 million more Americans have hypertension

"Tighter blood pressure guidelines from U.S. heart organizations mean millions more people need to make lifestyle changes, or start taking medication, in order to avoid cardiovascular problems. At the new cutoff, around 46 percent, or more than 103 million, of American adults are considered to have high blood pressure, compared with an estimated 72 million under the previous guidelines in place since 2003. Potentially deadly high blood pressure can be brought under control with a wide array of medications."

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IRS To Extract $207 Billion From Small Businesses By Enforcing Obamacare

"The employer mandate is lucrative for the government. It is expected to bring in penalty payments of $207 billion over the next decade, according to projections by the Congressional Budget Office. Businesses will generally incur fines of around $2,000 per employee (excluding the first 30) if they do not offer qualifying coverage to nearly all of those who work an average of 30 or more hours a week. The penalty is activated if at least one employee then buys insurance on the health law’s marketplace and receives a subsidy for it. The per-employee fine increases each year, and can add up quickly: A company with 100 workers that ignored the law this year would owe a penalty of more than $158,000."

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