Monthly Archives: August 2012

Beyond Bernanke’s Speech from the Hole

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“Ben Bernanke in his speech at Jackson Hole gave no further evidence that the Fed will be easing soon. He talked somber but that was the extent of it. This should come as no surprise since it would be unusual for Bernanke, or any Fed chairman, to launch an aggressive money printing campaign just before a presidential election.  That said, I have been reporting in the EPJ Daily Alert that money supply is beginning to climb much more rapidly in recent weeks.  It appears banks are starting to loan out some of the $1.5 trillion plus they have in excess reserves.”

http://www.economicpolicyjournal.com/2012/08/beyond-bernankes-speech-from-hole.html

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Ron Paul delegates walk off Republican convention floor

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“Dozens of delegates for White House also-ran Ron Paul walked out of the Republican National convention for a second straight day, angered by rule changes they say squelch grass roots political rights.  It was a rowdy end to Texas congressman Paul’s presidential bid, which fell short against rival Mitt Romney, the former Massachusetts governor who accepts the party’s nomination on Thursday.  Paul was not given a speaking slot at the convention in Tampa, Florida.”

http://www.google.com/hostednews/afp/article/ALeqM5gg-JJRRouO5qjybl48rcowgwCe7Q?docId=CNG.9a10a516014f5a80f1ca5c2890f78b52.1c1

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Did RNC “Scripted” Rules Change Start A Civil War In The Republican Party?

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“Ben Swann Reality Check takes a look at how the most controversial rule change in party history was not legitimately passed.”

http://www.youtube.com/watch?v=pKaXqoC4DjE

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Chaos on the Convention Floor as RNC Blocks Ron Paul Delegates, Alters Seating Rules

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“Controversy erupted on the convention floor when a dispute broke out over whether to seat the delegates of presidential candidate Rep. Ron Paul of Texas. Part of Maine’s delegation stormed off the floor in protest of a decision to strip away half of Paul’s delegates. Supportive members of other delegations rose to their feet and hollered their objections, angered by new rules that they say they will make it harder for grassroots candidates to stand a chance in future elections. Democracy Now! producer Deena Guzder was on the scene and filed this report.”

http://www.democracynow.org/2012/8/29/chaos_on_the_convention_floor_as

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TSA Harasses Ron Paul and His Wife in Florida

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“On departing the RNC in Tampa yesterday, Ron Paul, his wife and grand-daughter were subjected to harassment by the TSA at a small airport in Clearwater, Florida.  Eight TSA goons told the Paul entourage they would need to be screened before they would be allowed to leave because Mitt Romney might be nearby.  After a protracted examination of Ron Paul’s credentials, the agents demanded they be allowed to check the airplane for explosives.  The incident ended after Ron Paul’s wife, Carol, who has a pacemaker, refused to be screened by the TSA and an aide started taking video.”

http://www.infowars.com/tsa-harasses-ron-paul-and-his-wife-in-florida/

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Will Grigg: The Triumph of the Reich-Publican Party

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“The tactics employed by the GOP establishment to isolate, intimidate, and ultimately to expel Ron Paul delegates were the natural product of the party’s totalitarian genetics. By using criminal means to impose a monolithic, top-down process in which an entrenched oligarchy can re-write the rules to suit its whims, the Republican Party was simply living down to its odious pedigree.  From its inception, the Republican Party has been devoted to a doctrine properly called national socialism – the fusion of politically favored corporate interests with national bank and an all-powerful, militaristic central government.”

http://freedominourtime.blogspot.com/2012/08/the-triumph-of-reich-publican-party.html

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The Republicans’ 2012 Teleprompted Convention

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In which national delegates paid thousands of dollars to be read the pre-formulated and choreographed results of their votes, such as on the controversial credentials and rules committee reports, from a teleprompter.

 

 

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Ballot initiative looks to save Los Angeles pot shops

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“Drug reform activists in Los Angeles said they will file more than 50,000 petition signatures on Wednesday supporting a ballot initiative that would halt City Hall’s plan to shut down nearly all the medical marijuana dispensaries.  If activists are successful, the city’s ban on storefront marijuana sales would be put on hold immediately. That would come at just the right time for activists too, as the city’s ban is due to take effect on Sept. 6.  If it is placed on the ballot, the medical marijuana referendum would share space with the Los Angeles mayoral primary election. Current LA Mayor Antonio Villaraigosa endorsed the ban.”

http://www.rawstory.com/rs/2012/08/29/ballot-initiative-looks-to-save-los-angeles-pot-shops/

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Banking Exec Sues LAPD; Claims Beating and Illegal Detention

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“An international banking executive filed a lawsuit against the Los Angeles Police Department on Monday claiming he was badly beaten and illegally detained.  Brian Mulligan has already filed a $50 million lawsuit against the City of Los Angeles.  According to Mulligan, police mistook him for a suspect going berserk near a fast food restaurant in Eagle Rock on May 14. He claims police searched him, found at least $2,500 in his car and then took him to a nearby motel.  Mulligan says he thought he had become bait in a sting operation and tried to leave and that’s when officers attacked him.”

http://www.ktla.com/news/landing/ktla-banking-exec-sues-lapd,0,3904933.story

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More Data on Why California Will Become the Next Greece

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“Average annual pay for a local government employee in the state rose by 60%, to $61,185 (excluding benefits), between 1999 and 2008. That’s about 70% more than the increase in private sector wages in the state over the same period. Average pay for cops and firefighters climbed 69%, to $89,056, again excluding benefits, in the same period. Benefit costs have soared even more than wages. The annual cost of funding pensions in California’s 20 largest municipalities has grown from $1.3 billion in 1999 to $5.1 billion last year, according to a study by Stanford University professor Joe Nation. That’s an annual growth rate of better than 11%.”

http://www.economicpolicyjournal.com/2012/08/more-data-on-why-california-will-become.html

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