Monthly Archives: July 2014

Fed looks at imposing exit fees on bond funds

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“Federal Reserve officials have discussed whether regulators should impose exit fees on bond funds to avert a potential run by investors, underlining concern about the vulnerability of the $10 trillion corporate bond market.  US retail investors have pumped more than $1 trillion into bond funds since early 2009. This has created a boom environment for fixed income money managers, but raises the prospect of a massive disorganized flight of money out of the industry should interest rates rise sharply in the coming years.  Exit fees would seek to discourage retail investors from withdrawing funds, thereby making their claims less liquid and making a fire sale of the assets more unlikely.”

http://www.cnbc.com/id/101764134

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Atlantic Mag Shock: US No Longer Under ‘Rule of Law’

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“Here comes The Atlantic magazine with a scathing article about the US’s rising lawlessness.  Perhaps the disconnect between what the US is supposed to stand for and the reality is simply getting too large to ignore. Alternatively, The Atlantic – as befits a publication involved in the globalist dialectic – is simply doing its share to inform readers that US lawlessness is growing worse, and that there is nothing they can do about it. Its goal is not solution but demoralization. Perhaps the article has a larger aim, which is to intimidate under the guise of providing an expose.  What is going on seems to us to be entirely planned out.”

http://www.thedailybell.com/news-analysis/35476/Atlantic-Mag-Shock-US-No-Longer-Under-Rule-of-Law/

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Man charged in rape that another man spent 13 years in prison for

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“The Cleveland County District Attorney’s Office has charged a suspect in a 32-year-old case of rape for which another man was wrongfully convicted and spent more than 13 years in prison.  In 1996, after more than 13 years behind bars, Webb fought for DNA testing, and the test excluded him as the rapist in the case. He was released from prison. For 18 years, police didn’t arrest another suspect, leaving both Webb and the victim in the case in the dark about who had committed the crime that scarred their lives.”

http://oklahomawatch.org/2014/07/14/miss-man-charged-in-case-of-32-year-old-rape/

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Man Choked To Death By NYPD For Selling Cigarettes

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“The 350-pound man, about to be arrested on charges of illegally selling cigarettes, was arguing with the police. When an officer tried to handcuff him, the man pulled free. The officer immediately threw his arm around the man’s neck and pulled him to the ground, holding him in what appears, in a video, to be a chokehold. The man can be heard saying ‘I can’t breathe’ over and over again as other officers swarm about.  Now, the death of the man, Eric Garner, 43, soon after the confrontation on Staten Island, is being investigated by the police and prosecutors. At the center of the inquiry is the officer’s use of a chokehold — a maneuver that was banned by NYPD more than 20 years ago.”

http://www.nytimes.com/2014/07/19/nyregion/staten-island-man-dies-after-he-is-put-in-chokehold-during-arrest.html

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Chicago police kill man with stun gun to break up group fight

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“A 41-year-old man died after he was hit by an electronic stun gun when police tried to break up a fight on Chicago’s Southwest Side.  Police responded to a fight in the 4200 block of South Richmond Avenue in the city’s Brighton Park neighborhood just after 2 a.m., according to Chicago Police News Affairs Officer Jose Estrada.  Officers said they saw a ‘highly combative’ 41-year-old man engaged in a physical altercation with a group of other men.  When they attempted to break up the fight, the man resisted arrest and fought the officers, Estrada said.  A stun gun was used to ‘secure the offender’ and the man was taken to Saint Anthony Hospital where he was pronounced dead, officials said.”

http://www.nbcchicago.com/news/local/Man-Dies-After-Being-Hit-With-Stun-Gun-by-Police-267853391.html

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Former NSA exec: The goal of the NSA is total population control

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“‘At least 80% of fibre-optic cables globally go via the US’, Binney said. ‘This is no accident and allows the US to view all communication coming in. At least 80% of all audio calls, not just metadata, are recorded and stored in the US. The NSA lies about what it stores.’  Unlike Snowden, Binney didn’t take any documents with him when he left the NSA. He now says that hard evidence of illegal spying would have been invaluable. The latest Snowden leaks detail private conversations of average Americans with no connection to extremism.  It shows that the NSA is not just pursuing terrorism, as it claims, but ordinary citizens going about their daily communications.”

http://www.theguardian.com/commentisfree/2014/jul/11/the-ultimate-goal-of-the-nsa-is-total-population-control

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CISPA returns as CISA — and it’s just as terrible for privacy

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“Leave it to Congress to keep recycling the same old, rejected ideas.  You remember the Cyber Intelligence Sharing and Protection Act: introduced in 2011 but failed to pass the Senate, then reintroduced in 2013 only to be beaten back a second time.  Senators, unlike weatherman Phil in ‘Groundhog Day,’ seemingly learn nothing from past experience.  If CISA seems out of step with the pushback against government surveillance, keep in mind that while threatening to veto CISPA last year for not adequately preventing the sharing of irrelevant personal information, President Barack Obama has also championed the idea of increased data sharing between government and the private sector.”

http://www.infoworld.com/t/federal-regulations/cispa-returns-cisa-and-its-just-terrible-privacy-244679

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Philly Mayor Nutter’s Attempt To Tax Lap Dances Shot Down

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“Club Risqué and Cheerleaders, represented by Bochetto, faced tax bills totaling nearly $900,000.   A third club, Delilah’s, was assessed more than $630,000 in back taxes, interest, and penalties for lap dances.   The Tax Review Board in October ruled that the amusement tax law is so vague that it can only be reasonably applied to a club’s cover charge, not to other activities.  But the city has the right to continue the legal battle to Commonwealth Court.  City solicitor Shelley Smith told KYW Newsradio this afternoon that the administration has not yet made a decision on an appeal.”

http://philadelphia.cbslocal.com/2014/07/16/judge-nixes-nutter-administration-attempt-to-tax-lap-dances-at-strip-clubs/

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Chain smoker’s widow wins $23 billion in punitive damages

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“A jury in Florida has awarded the widow of a chain smoker who died of lung cancer 18 years ago record punitive damages of more than $23bn against America’s second-biggest cigarette maker, RJ Reynolds.  The judgment, returned on Friday night, was the largest in Florida history in a wrongful death lawsuit filed by a single plaintiff.  Cynthia Robinson, of Pensacola, sued the cigarette maker in 2008 over the death of her husband, claiming the company conspired to conceal the health dangers and addictive nature of its products.  Last month the US supreme court declined to hear a series of tobacco company appeals seeking to overturn judgments totaling more than $70m.”

http://www.theguardian.com/business/2014/jul/20/chain-smokers-widow-awarded-23bn-in-punitive-damages-in-florida

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UN Calls for Decriminalization of All Drugs

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“The UN has now called for the decriminalization not just of marijuana but of other drugs as well, including so-called injectables. Our analyses are often correct, but in this case, we’re a little surprised at how fast confirmation has arrived.  Drugs will be legalized – at least in part – to allow the UN to create a more formalized regulatory regime around the world.  An editorial such as this would not be complete without noting the pitiless manipulation of laws and regulations for which elites are responsible. Millions, perhaps billions of lives have been negatively affected and even ruined by the merciless imposition of the so-called ‘war on drugs.'”

http://www.thedailybell.com/editorials/35491/Anthony-Wile-As-Predicted-UN-Calls-for-Decriminalization-of-All-Drugs/

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