Monthly Archives: July 2013

US judge says ex-AIG CEO can depose Bernanke over bailout

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“Federal Reserve Chairman Ben Bernanke should testify in the lawsuit by American International Group Inc’s former chief Maurice ‘Hank’ Greenberg against the United States over the insurer’s 2008 bailout, a judge ruled on Monday.  Judge Thomas Wheeler of the U.S. Court of Federal Claims rejected the government’s effort to keep Bernanke from being deposed, saying the Fed chairman was a ‘central figure’ in the decision to bail out AIG. ‘Indeed, the court cannot fathom having to decide this multi-billion dollar claim without the testimony of such a key government decision maker,’ Wheeler wrote.”

http://www.cnbc.com/id/100908109

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Will the Federal Reserve Taper Off on QE?

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“Why on earth would Mister Bernanke announce at this time that the Fed might taper off on QE? After all, Mister Bernanke is a committed Keynesian. Further, he is an ardent fan of President Roosevelt and his economic ‘solutions.’ So, what’s up? It is highly unlikely that the leopard is changing his spots. Rather than assume he has, we might want to consider that his recent announcement to taper off on QE is a mere smokescreen – a tactic that will create a scare sufficient to give the Fed license to print like never before.”

http://www.internationalman.com/78-global-perspectives/973-will-the-federal-reserve-taper-off-on-qe

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The greatest food in human history?

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“What is ‘the cheapest, most nutritious and bountiful food that has ever existed in human history’? Hint: It has 390 calories. It contains 23g, or half a daily serving, of protein, plus 7% of daily fiber, 20% of daily calcium and so on.  Also, you can get it in 14,000 locations in the US and it usually costs $1. Presenting one of the unsung wonders of modern life, the McDonald’s McDouble cheeseburger. The argument above was made by a commenter on the Freakonomics blog run by economics writer Stephen Dubner and professor Steven Leavitt, who co-wrote the million-selling books on the hidden side of everything.”

http://www.nypost.com/p/news/opinion/opedcolumnists/the_greatest_food_human_history_5bikMtD5ZJ50x1KMCyGfTJ

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Working Class Whites Are Giving Up Hope.

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“Working class whites are giving up economic hope, according to a recent poll. They did not vote for Obama. The article did talk about single-mother households. They are in poverty, of course. What did the social planners expect? If the government subsidizes a particular behavior, we get more of it. That was the conservative argument a generation ago. It was dismissed as heartless by liberals. This is what 80 years of welfare state politics have produced. But of course, no one in the mainstream mentions this.  Pessimism now reigns.”

http://teapartyeconomist.com/2013/07/29/working-class-whites-are-giving-up-hope/

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Saudi prince defects from royal family

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“He said he thanked God that helped him understand the truth about Saudi regime through a ‘direct horrible personal experience’ so that he could have a taste of what people suffered from throughout the country. ‘With pride, I announce my defection from Al Saudi family in Saudi Arabia,’ he wrote in his statement. ‘All that is said in Saudi Arabia about respecting law and religion rules are factitious so that they can lie and pretend that the regime obeys Islamic rules.’  He criticized the royal family for considering the country as its own property while silencing all voices from inside and outside the government calling for any change and reforms.”

http://en.alalam.ir/news/1499049

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Teenaged entrepreneur denounces business-limiting French laws in Quebec

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Teenaged entrepreneur denounces business-limiting French laws in Quebec

“17-year-old graphic designer Xavier Menard tried to register his company but was told by the Quebec business registry that he couldn’t because the company’s name–Wellarc–is too English. ‘My first reaction was: you must be kidding,’ Menard said. The bureaucrats were serious, so the mild-mannered teenager took his anger to YouTube. In a short video Menard attacks Pauline Marois’s government, not for its desire to protect the French language, but for its ‘idiotic’ methods. In his video Menard points out Quebec’s 7.5 percent unemployment rate, which is higher than the national average, and says it is even worse for youth.”

http://montreal.ctvnews.ca/teenaged-entrepreneur-denounces-business-limiting-language-laws-1.1384488

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How the Media Has Distorted a Tragedy

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“As a fiction, Zimmerman the white supremacist rivals Obama the Kenyan-born commie Muslim. Obama is right that our racial history—a history in which, a few decades ago, young black males in much of the country really could be murdered at will for looking at a white person the wrong way—gave Trayvon Martin’s death a powerful and painful resonance for black Americans. That made it all the more incumbent on the media to be scrupulously truthful and responsible in their coverage. At this, they have spectacularly failed, with deplorable consequences.”

http://www.realclearpolitics.com/articles/2013/07/21/how_media_lies_have_distorted_a_tragedy_119311.html

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Chicago Firearms Confiscation Begins

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“There’s a good reason that law abiding gun owners don’t want their names on a national gun registry — namely, registration leads to confiscation. Gun control advocates immediately spout that “no one wants to take your guns” and other assorted platitudes.  In Illinois, gun owners are required to get a Firearms Owners ID card, or FOID. Cook County police officers have become increasingly worried that when someone’s FOID card is revoked, their guns aren’t instantly confiscated. So they’re doing exactly what gun control advocates have said that registration would never result in — door to door confiscation.”

http://www.thetruthaboutguns.com/2013/07/foghorn/chicago-firearms-confiscation-begins/#more-245399

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Activist Adam Kokesh ordered held without bond in D.C.

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Activist Adam Kokesh ordered held without bond in D.C.

“A D.C. Superior Court judge has ordered a veteran and activist accused of openly carrying a shotgun in D.C.’s Freedom Plaza held without bond.  During a preliminary hearing Monday, an attorney representing Adam Kokesh argued that the stunt — filmed and posted on YouTube — was nothing more than political theater.  The judge disagreed, ordering that Kokesh be held until his next court appearance.  ‘I consider your client to be a very dangerous man,’ the judge said. ‘This is not a political statement.’  Kokesh had been arrested and charged with drug-related offenses in Fairfax County, Va., earlier in July. He is expected back in a D.C. courtroom Aug. 13.”

http://wtop.com/109/3404250/Activist-Adam-Kokesh-ordered-held-without-bond-in-DC

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Judge fires 34-year court employee for providing document that helped free innocent man

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“A longtime judge’s assistant in Jackson County says she was fired for providing a public document that helped a wrongfully convicted inmate win his freedom. But court officials say 70-year-old Sharon Snyder was sent packing four weeks ago because she violated court rules against inappropriately providing advice and discussing court matters with outsiders. Snyder says she gave Robert Nelson’s sister a copy of a motion last year from a different case in which a defendant successfully requested DNA testing. Nelson was freed June 12 after DNA tests ruled him out as one of the rapists in the 1983 attack.”

http://www.ky3.com/news/sns-ap-mo–judges-assistant-firing-20130728,0,3766719.story

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