sound money

Kindergartener Suspended Over Mohawk Hairstyle

"A kindergartner with a new, spiked Mohawk haircut was sent home from a local elementary school this week for violating the district's dress code. Keshia Castle said she was told on Wednesday that her 5-year-old son, Ethan Clos, cannot not to come back to Reid Elementary School until he gets rid of his Mohawk, a haircut in which the head is shaved on the sides and only a strip of hair is left on top and down the middle of the scalp. Superintendent Gregg Morris said the hairstyle was a distraction for students and violates district rules." Continue reading →

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Sheriff’s ‘Provocative And Intimidating’ Tactics Draw Fire After Rubonia Tussle

"At first glance it looks like a bad rap video — a phalanx of officers walking through a neighborhood, residents yelling taunts and obscenities, while Ice-T’s 'F— the Police' is pumping out of a stereo at full volume. It shows the Manatee County Sheriff’s gang unit snapping pictures of residents with their cellphones — sometimes inches from their faces. It also shows two arrests. '“The video shows the officers standing with scowls, flexing their muscles in front of one group of eight or nine friends, who are standing on their own property,' Britt said. ' ‘Provocative’ is a word for it. It certainly is intimidating to say the least.'" Continue reading →

Continue ReadingSheriff’s ‘Provocative And Intimidating’ Tactics Draw Fire After Rubonia Tussle

Sheriff’s ‘Provocative And Intimidating’ Tactics Draw Fire After Rubonia Tussle

"At first glance it looks like a bad rap video — a phalanx of officers walking through a neighborhood, residents yelling taunts and obscenities, while Ice-T’s 'F— the Police' is pumping out of a stereo at full volume. It shows the Manatee County Sheriff’s gang unit snapping pictures of residents with their cellphones — sometimes inches from their faces. It also shows two arrests. '“The video shows the officers standing with scowls, flexing their muscles in front of one group of eight or nine friends, who are standing on their own property,' Britt said. ' ‘Provocative’ is a word for it. It certainly is intimidating to say the least.'" Continue reading →

Continue ReadingSheriff’s ‘Provocative And Intimidating’ Tactics Draw Fire After Rubonia Tussle

Europeans slammed by austerity measures now enraged by political corruption

"A wave of corrosive political scandals at a time of economic woe is exacerbating the outrage of European citizens, who are channelling resentment into street protests or at the polls. Italy, Spain and Greece have all been hit by fraud or graft cases allegedly involving the top brass. France joined the ranks of scandal-hit nations this week after its former budget minister was charged with tax fraud. In France, outrage over the budget minister scandal has yet to erupt into popular protests. But in some countries of southern Europe, which for several years have been hit by austerity measures more severe than in France, fury has coiled into potent blowback." Continue reading →

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Government Fees, Parking Tickets May Soon Be Paid in Bitcoin

"While some call Bitcoin an 'existential threat to the state,' local governments could soon embrace the digital currency and payment system as a practical alternative to credit and debit cards. E-Gov Link, an Ohio company that helps municipalities accept payments online for parking tickets, permits, and the like, now allows its customers to take bitcoin.- Bitcoin transactions can be processed at a fraction of the cost of other payment methods because they avoid the interchange structure of the legacy card processors." Continue reading →

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Downturn Millionaires – How to Make a Fortune in Beaten-Down Markets

"The price of gold bullion has fallen from its 2011 highs and the prices of good junior companies have been slashed to as little as half their former valuations. All the more reason to start returning broker phone calls according to David Galland, Casey Research managing director, speaking on the Friday eve of the webinar he is moderating that features some of the biggest names in the industry. The webinar features Casey Research Founder Doug Casey, Sprott Global Resource Investments Founder Rick Rule, International Speculator Editor Louis James, 'Endgame' Author John Mauldin and Diary of a Rogue Economist Editor Bill Bonner." Continue reading →

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Detlev Schlichter: Good riddance to deposit ‘insurance’

"Although the mechanics of fractional-reserve banking have not changed in 300 years the public’s expectations have evidently changed greatly. Today banks are expected to lend ever more generously while depositors are supposed to not incur any risk of loss at all. State deposit 'insurance' is not insurance. Insurance companies calculate and calibrate risks, charge the insured party and set aside capital for when the insured event occurs. A state deposit ‘guarantee’ is simply another unfunded government promise, extended in the hope that things won’t get that bad. When they finally do the state does what it always does: it will take from Peter to pay Paul." Continue reading →

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As Canada Collapses, Do We Need to Ask Why?

"At some point this sort of astonished rhetoric must begin to grow stale, even, well ... unbelievable. We are supposed to slap our collective forehead and ask, 'How could this be happening?' But, in fact, we already know. You do, too. Central banking monopoly money stimulation has taken down Western economies from Europe to the United States and beyond. And after a full century of central banking mayhem it is impossible to believe that the leaders of this failed economic environment can have any doubt left about its destructive tendencies." Continue reading →

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Cyprus-Style “Bail-Ins” Are Proposed In The New 2013 Canadian Government Budget

"What you are about to see absolutely amazed me when I first saw it. The Canadian government is actually proposing that what just happened in Cyprus should be used as a blueprint for future bank failures up in Canada. The following comes from pages 144 and 145 of 'Economic Action Plan 2013' which you can find right here. Apparently the goal is to find a way to rescue 'systemically important banks' without the use of taxpayer funds. In other words, the banks will just be allowed to grab money directly out of your bank accounts to recapitalize themselves. That may sound completely and utterly insane, but this is how things will now be done all over the western world." Continue reading →

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Canadian Senator’s husband’s offshore trusts exposed

"A prominent Canadian lawyer, husband to a Liberal senator, moved nearly $2 million to secretive financial havens while he was locked in battle with the Canada Revenue Agency over his taxes, according to documents in a massive leak of offshore financial data that were shared exclusively in Canada with CBC News. Tony Merchant of Regina transferred money to a tax haven in the South Pacific and then onward to an account in the Caribbean, according to the files. His wife, Senator Pana Merchant, as well as their three sons are named in the documents as beneficiaries of the funds." Continue reading →

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