“Petroleos de Venezuela SA is seeking a buyer for Citgo Petroleum Corp., its U.S. refining and marketing company, in a deal that may be worth as much as $15 billion. The government of President Nicolas Maduro probably is looking to sell offshore refineries to boost hydrocarbons exports to China, raise cash and reduce the risk of having assets seized as part of PDVSA lawsuits abroad, GlobalSource Partners’ Ruth de Krivoy and Tamara Herrera said today in an e-mailed report to clients. The sale of U.S. assets ‘would put PDVSA in a better position to negotiate settlements should adverse decisions be handed down in pending international arbitration cases,’ they wrote.”
Tag Archives: Hypocrisy
Law Prof Specializing In Poverty Makes $205K Teaching One Class

“A controversial, outspoken law professor who frequently bashes Republicans and specializes in poverty issues as a self-proclaimed champion of the poor earns $205,400 per year – for teaching one class per semester. The University of North Carolina School of Law pays Professor Gene Nichol $205,400 annually for his one class per semester workload. On top of his teaching salary, he receives a $7,500 stipend as director of the law school’s Center on Poverty, Work and Opportunity. The Nichol family lives in a Chapel Hill home with a tax value of more than $1 million. They also own a bungalow on the beach at Emerald Isle, valued by Carteret County at more than $512,000.”
The Real Reason Pot Is Still Illegal

“Given that CADCA is dedicated to protecting society from dangerous drugs, the event that day had a curious sponsor: Purdue Pharma, the manufacturer of Oxy-Contin, the highly addictive painkiller that nearly ruined Kennedy’s congressional career and has been linked to thousands of overdose deaths nationwide. Prescription opioids, a line of pain-relieving medications derived from the opium poppy or produced synthetically, are the most dangerous drugs abused in America, with more than 16,000 deaths annually linked to opioid addiction and overdose. The CDC reports that more Americans now die from painkillers than from heroin and cocaine combined.”
http://www.thenation.com/article/180493/anti-pot-lobbys-big-bankroll?page=full
Happy “No Refusal Day” 2014

“Over the ‘Independence Day’ weekend citizens across the nation will celebrate the fourth day of July with a ‘blitz’ of ‘no-refusal’ blood-draw checkpoints. State troopers have renamed the weekend as ‘No Refusal Weekend.’ Drivers stopped by police who refuse to take an alcohol breath test will undergo a mandatory blood test either at the scene, at a medical facility or at the nearest jail. Anyone who even questions the breath test could also automatically lose their permission to drive for a year. For those cities not officially implementing the ‘No Refusal Weekend’ they will likely be implementing a ‘Maximum Enforcement Weekend.’ Look for your region on the list.”
http://dollarvigilante.com/blog/2014/7/4/happy-no-refusal-day-2014.html
Bill Bonner: Jailhouse humour
“We’re not going to let a little thing like forced labour spoil our Freedom Fest holiday. Anyway, it is only poor people who get caught up in the prisons’ slave market. So, we have nothing to worry about. We can hire a shyster lawyer when we need one. Besides, we like the Land of the Free. Which is to say, we appreciate hypocrisy. After all, it is the ‘homage that vice pays to virtue’. Without it, virtue wouldn’t get any strokes at all. Free minds and free markets are virtues too. Nobody cares about them either. Not in America. We have the schools to shackle minds. And we have the feds to lock up, beat up, and tie up the markets.”
If Snowden’s A Terrorist, What About Uber and Airbnb?

“Why would Marc Andreessen condemn Edward Snowden for showing the American people that they have forsaken every right to privacy that they once held dear? His VC firm was behind such disruptive technology companies as Twitter and LinkedIn. Virtual hotelier Airbnb is one of its prize portfolio holdings today. Is Andreessen a terrorist? Because he is busy scaring the proverbial crap out of people across the globe—businesses, individuals, regulators, and more. He’s putting people out of jobs, left and right. He’s wreaking havoc on the economy. And, like Edward Snowden, I am of the mind that all the pain Andreessen is causing will be well worth it in the end.”
http://www.caseyresearch.com/cdd/andreessen-terrorist-government-shutdown-airbnb-uber
Dinar ‘experts’ face lengthy prison time for selling dud investment

“BH Group sold some $23.8 million of the currency known as dinar between 2010 and 2011. Prosecutors alleged the group made false claims about the potential value of the dinar and portrayed a former member of the group, Rudolph Coenen, as a decorated Marine wounded in Iraq, among other falsehoods. ‘The IRS put together a great case. They worked very hard on it,’ Gene Crawford, an assistant U.S. attorney and lead prosecutor on the case, said after the verdicts were read. He said the men could face a maximum of 20 years. ‘We will certainly be asking for lengthy prison sentences,’ Mr. Crawford said.”
The Warning Inherent in Escalating Official Lawlessness
“Claiming that hundreds or thousands of [former IRS commissioner Lois Lerner’s] recent emails have been ‘lost’ beggars belief. It provides us with a spectacle of an escalating contempt for constitutional constraints. We don’t believe generally at this point that the facilities of large Western governments acknowledge ‘the rule of law,’ but it is alarming to see a major US agency willing to make the point so obviously. In this era of FATCA and GATCA, when the US government in particular is demanding absolute financial transparency from its citizens, the stance of the IRS indicates a growing gap between what is expected of individuals and the accountability of governmental entities.”
NSA: ‘We can’t stop our systems from deleting data wanted for lawsuit’

“The National Security Agency recently used a novel argument for not holding onto information it collects about users online activity: it’s too complex. The agency is facing a slew of lawsuits over its surveillance programs, many launched after former NSA contractor Edward Snowden leaked information on the agency’s efforts last year. One suit that pre-dates the Snowden leaks, Jewel v. NSA, challenges the constitutionality of programs that the suit allege collect information about American’s telephone and Internet activities. The government has argued that the case, which was filed in 2008, should be thrown out and that Section 702 programs do not target Americans.”
In New York, Annoying Someone Is No Longer A Felony

“Being an annoying person in New York used to be enough to warrant a felony charge, until this week. On Tuesday the Court of Appeals in Albany ruled against a statute that made it a felony to communicate with someone ‘in a manner likely to cause annoyance or alarm.’ How can there be a crime if no property is stolen or damaged and no violent acts have occured? The First Amendment protects free speech, but the Bill of Rights should not be the only method used to validate that speech should not be punished with force by the State. The principles of natural law tell us that if you have not aggressed upon another’s property or person, then you have not committed a crime.”

