Tag Archives: Clueless

Seized drugs stolen from Fribourg police building

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“Red-faced police in the canton of Fribourg are admitting that 34 kilograms of hashish and marijuana seized by officers from drug offenders has been stolen from a warehouse.  Police had stored 28.6 kilograms of hash and 4.8 kilograms of pot, seized from three different investigations, in a building in Châtillon, near the city of Fribourg. The drugs were likely stolen in late November or early December last year but the theft was only recently noticed, according to media reports. Cantonal police said they discovered that a metal bar on one of the windows at the rear of the warehouse had been sawn off on December 5th.”

http://www.thelocal.ch/page/view/drugs-seized-by-fribourg-police-stolen-from-warehouse

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Federal Reserve Monetary Policy To Target Wealth Inequality?

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“The gap between the wealthy and the rest of America is a hot-button issue in Washington-especially in the White House and Congress.  Recently, the Federal Reserve has also taken a greater interest in the topic. And some analysts are asking whether financial inequality in the U.S. might soon become part of the Fed’s decision-making process.  In a recent research note, Credit Suisse research analysts Neal Soss and Dana Saporta wrote that ‘the issue of growing income and wealth disparity in the U.S. is gaining stature among Federal Reserve officials and may become the next important macroeconomic variable for monetary policy.'”

http://finance.yahoo.com/news/us-wealth-inequality-getting-feds-142856917.html

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New report says there are still no federal safety standards for nation’s bioterror defense labs

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“US labs that research bioterror germs such as anthrax are at risk for accidents because they do not have uniform building and operation standards, a Congressional investigative group said on Monday.  A lack of oversight has persisted despite a 2009 report by the Government Accountability Office on the same topic, leaving no single agency in charge of safety or research goals at bioterror labs, the GAO said in its report.  US labs that research ways to protect against bioterror germs and disease outbreaks have been on the rise since the September 11, 2001 attacks.”

http://www.rawstory.com/rs/2013/03/25/new-report-says-there-are-still-no-federal-safety-standards-for-nations-bioterror-defense-labs/

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Michigan couple grew 206 marijuana plants ‘across the street from city hall’

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“A couple in Coloma, Michigan was arrested Wednesday and charged in connection to a marijuana growing operation authorities claim they found in the rear of their computer repair business, located directly across the street from the town’s city hall.  In all, police said they pulled 206 marijuana plants out of the building. The couple, 66-year-old Dennis Dickson and 57-year-old Emily Jacobs, were arrested Wednesday afternoon following an investigation by the Berrien County Sheriff’s Office and the Federal Bureau of Investigation. Authorities said the total value of the grow was roughly $206,000.”

http://www.rawstory.com/rs/2013/01/17/police-michigan-couple-grew-206-marijuana-plants-across-the-street-from-city-hall/

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Maxine Waters: EVERYONE in America Will Lose Their Job Because of Sequestration

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Maxine Waters: EVERYONE in America Will Lose Their Job Because of Sequestration

“If Congress allows sequestration cuts to take effect, more than 170 million Americans could lose their jobs, according to Rep. Maxine Waters (D-Calif.)  ‘If sequestration takes place, that’s going to be a great setback. We don’t need to be having something like sequestration that’s going to cause these job losses — over 170 million jobs that could be lost,’ Waters said.”

http://www.economicpolicyjournal.com/2013/03/maxine-waters-everyone-in-america-will.html

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Upcoming European Financial Trading Tax: “All Markets, All Actors, All Products”

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“The tax would be owed no matter where the trade took place, as long as a European security or European institution was involved. If a French bank bought shares in an American company on the New York Stock Exchange, the tax would be owed.  To get out of the tax, a financial institution would have to do more than simply move its headquarters out of the 11 countries that now plan to impose the tax. It would also have to forgo serving clients in any of those countries and trading in securities or derivatives from any of the countries. Officials are confident that no major institution will be willing to forsake such large markets as France, Germany, Italy and Spain.”

http://www.nytimes.com/2013/02/22/business/a-tax-that-could-change-the-trading-game.html?pagewanted=1&_r=1&smid=tw-share&pagewanted=all

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One fake MIT shooter and the troubling trend of SWATting

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“When all was said and done, the area remained shut down for nearly three hours. More than 30 armed officers searched the campus. Traffic was diverted outside the area. Numerous news outlets followed the situation. MIT issued formal warnings to all members of its community (more than an hour after the initial CPD alert). Students were asked to take shelter in place throughout the morning. The MIT employee identified by the caller was put through questioning but eventually cleared of any involvement. Even the FBI and Secret Service were called in on the matter.  Haven’t heard about this? Thankfully, it’s because no shooting took place on February 23 at MIT.”

http://arstechnica.com/tech-policy/2013/02/one-possibly-fake-mit-shooter-and-the-troubling-trend-of-swatting/

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FED paper warns it might not be able to undo QE

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“A new paper for the US Monetary Policy Forum and published by the Fed warns that the institution’s capital base could be wiped out ‘several times’ once borrowing costs start to rise in earnest.  A mere whiff of inflation or more likely stagflation would cause a bond market rout, leaving the Fed nursing escalating losses on its $2.9 trillion holdings. This portfolio is rising by $85bn each month under QE3. The longer it goes on, the greater the risk. Exit will become much harder by 2014.  What is new is that these worries are surfacing openly in Fed circles.”

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9891082/Trade-protectionism-looms-next-as-central-banks-exhaust-QE.html

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Tens of Thousands Protest in Spain (as Santa Claus dies)

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“On Saturday, tens of thousands marched in cities throughout Spain to protest deep bankster driven ‘austerity’ measures taken by the government. The people are clearly fed up. The sad part of this is that most have no clue as to what are the proper measures that should be taken to reverse the deteriorating economic situation.  The only way Spain gets out of its deteriorating situation is by cutting the red tape that makes it difficult for businesses to operate, and to also cut taxes and government spending, so that the country moves away from its current bureaucratic mess and closer to a free market that can spur energy and creativity.”

http://www.economicpolicyjournal.com/2013/02/tens-of-thousands-protest-in-spain-as.html

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American Citizens Split On DOJ Memo Authorizing Government To Kill Them

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“Following the release of a secret Department of Justice memo this week that outlines the administration’s legal justification for killing U.S. citizens, a new Pew Research Center poll has revealed that a majority of Americans are torn over whether they support the government’s right to kill them anywhere at any time without due process.”

http://www.theonion.com/articles/american-citizens-split-on-doj-memo-authorizing-go,31207/

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