Monthly Archives: March 2013

Cyprus vs Bankocracy: ‘Mattress better place to keep cash than banks’

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Cyprus vs Bankocracy: ‘Mattress better place to keep cash than banks’

“Thousands of Cypriots are celebrating, after the country’s Parliament gave a resounding no vote to the EU-IMF bailout package. The move could have seen the government take up to 10% of people’s savings, from private bank accounts – as a precondition to securing the much needed 10 billion euro loan. Now that it’s been rejected, the ailing Eurozone member will have to work out another plan to avoid bankruptcy.”

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The Drug Warriors Cashing In on Pot Prohibition

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“When eight former DEA chiefs signed a letter to US Attorney General Eric Holder earlier this month, demanding that the feds crack down on Washington and Colorado, there was more than just drug-war ideology at stake. Two of the elder drug warriors, Peter Bensinger (DEA chief, 1976–1981) and Robert DuPont (White House drug chief, 1973–1977), run a corporate drug-testing business. Their company, Bensinger, DuPont & Associates, holds the pee stick for some 10 million employees around the US, including Kraft Foods, American Airlines, Johnson & Johnson, the Federal Aviation Administration and even the Justice Department itself.”

http://www.thefix.com/content/marijuana-legalization-drug-prohibition-lobbying-revolving-door8111?page=all

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The Pot Industry’s Most Politically Important Dispensary

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“Earlier this week, Reps. Jared Polis and Earl Blumenauer visited a marijuana dispensary.  They were just blocks away from their congressional offices, and within months, certain D.C. residents will be able to come here to legally choose from more than a dozen strains of medical marijuana, from Master Kush to Blue Dream. The walls will be packed with vaporizers, water pipes, and pre-rolled joints. There will be THC lollipops, baked goods, and cookbooks.  Just blocks away from the Capitol, it may soon become one of the most politically important marijuana distribution centers in the country.”

http://www.nationaljournal.com/daily/the-pot-industry-s-most-politically-important-dispensary-20130321

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Senate embraces Internet sales tax

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“The U.S. Senate voted overwhelmingly today to endorse levying Internet sales taxes on American shoppers, despite warnings that the proposal is antibusiness, harmful to taxpayers, and will be a ‘bureaucratic nightmare.’  Senators adopted an amendment to a Democratic budget resolution that, by allowing states to ‘collect taxes on remote sales,’ ushers in the first national Internet sales tax.  The vote follows a week of fierce lobbying from the National Retail Federation and the Retail Industry Leaders Association, which represent companies including Walmart, Target, AutoZone, Best Buy, Home Depot, OfficeMax, Macy’s, and the Container Store.”

http://news.cnet.com/8301-13578_3-57575926-38/senate-embraces-internet-taxes/

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Bitcoin: the fastest growing currency in the world

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“Bitcoin is an unregulated, uncontrolled online currency – worth more than £500m, it’s the world’s fastest growing. It can be used to buy drugs, move money across the world, or get rich quick. The people behind Bitcoin speak to the Guardian’s James Ball at their home in a squat in central London.”

http://www.guardian.co.uk/technology/video/2013/mar/22/bitcoin-currency-video

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Reports indicate CIA helping Syria rebels obtain arms and intelligence

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“The US Central Intelligence Agency has been feeding information to select rebel fighters in Syria to try to make them more effective against government troops, The Wall Street Journal reported Saturday.  Citing unnamed current and former US officials, the newspaper said the new CIA effort reflected a change in the administration’s approach that aims to strengthen secular rebel fighters.  The CIA has sent officers to Turkey to help vet rebels who receive arms shipments from Gulf allies, the report said.  But administration officials cited concerns about some weapons going to Islamists, the paper noted.”

http://www.rawstory.com/rs/2013/03/23/reports-indicate-cia-helping-syria-rebels-obtain-arms-and-intelligence/

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Obama: U.S. will provide Jordan with $200 million aid package for Syrian refugees

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“President Barack Obama says his administration is working with Congress to provide Jordan with an additional $200 million in aid this year.  He made the announcement during a news conference in Amman, Jordan, with King Abdullah II.  Jordan’s economic troubles have been made worse by the influx of more than 450,000 refugees fleeing the civil war across the border in neighboring Syria.  The Syrians are crowding refugee camps in Jordan and overwhelming aid agencies run by the important U.S. ally in the Middle East.”

http://www.rawstory.com/rs/2013/03/22/president-barack-obama-u-s-will-provide-jordan-with-200-million-aid-package-for-syrian-refugees/

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Florida court rules threats on Facebook can be prosecuted

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“In an apparent first in Florida law, a state appeals court ruled Monday that posting threats on one’s personal Facebook page can be prosecuted under state law.  The 1st District Court of Appeal decided in a criminal case that a Facebook post could be considered a ‘sending’ for the purposes of the ‘sending written threats to kill or do bodily harm’ law, a second-degree felony.”

http://www.nwfdailynews.com/local/florida-court-rules-threats-on-facebook-can-be-prosecuted-1.114372

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Cost of New Virginia Bus Stop: $1 Million

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“A new bus stop on Columbia Pike cost more than $1 million to build, according to a county spokeswoman.  The new prototype ‘Super Stop’ at the corner of Columbia Pike and Walter Reed Drive cost $575,000 for construction and fabrication and $440,000 for construction management and special inspections, according to Arlington County Department of Environmental Services spokeswoman Shannon Whalen McDaniel.  Of the $1 million cost, just over $200,000 was paid for by the county, with the rest coming from VDOT, Whalen McDaniel said.”

http://www.arlnow.com/2013/03/18/cost-of-new-bus-stop-1-million/

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Ben Swann Reality Check: Central Bankers Want Personal Savings Accounts To Pay For Bailouts?

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“A stunning situation is unfolding on the island of Cyprus.  Like other countries in Europe, Cyprus is in a debt crisis and is seeking a bailout from European central bankers.  But it is the way the EU and Cyprus government has tried to help pay for the bailout that has the entire world paying attention. Ben Swann breaks this story down in Reality Check.”

http://libertycrier.com/world-news/reality-check-european-central-bankers-want-personal-savings-accounts-to-pay-for-bailouts/

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