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Rhode Island lawmakers gave final approval to a bill to legalize gay marriage on Thursday, making it the 10th U.S. state to extend marriage rights to same-sex couples and the last of the six New England states to do so. “We would not be where we [...] Documents published online for the first time Thursday indicate that the FBI opened an inquiry into New Jersey Democratic Sen. Bob Menendez on August 1, 2012, focusing on repeated trips he took to the Dominican Republic with longtime campaign contributor and Miami eye doctor Salomon Melgen. TheDC reported in November that Menendez purchased the service of prostitutes in that Caribbean nation at a series of alcohol-fueled sex parties. Read more: http://dailycaller.com/2013/01/25/emails-show-fbi-investigating-sen-bob-menendez-for-sleeping-with-underage-dominican-prostitutes/#ixzz2J1Zr7MMZ Interesting analysis of deposit outflows in Spain. In July, a record 5% deposit (€74bn) left the country. In August, 1.1% of total deposits, or €17bn left the country. Overall this year close to €200bn have left the Spanish banking system. http://www.zerohedge.com/news/2012-09-27/spanish-bank-deposit-outflow-surge-continues-august DALLAS (CBSDFW.COM) - The controversy over Chick-Fil-A may now have impacted the Dallas Police Department. CBS 11 has learned a Dallas Police Sergeant brought a sandwich from the embattled restaurant chain to work with him last Wednesday, August 1, a day known around the country as Chick-Fil-A Appreciation Day. When the Sergeant arrived at his post at the Southeast patrol, words were exchanged between himself and two female officers. And while it is unclear [...] Seventy members of an Islamist sect who have been living in an underground bunker without heat or sunlight for nearly a decade have been discovered living on the outskirts of the city of Kazan in Russia. The sect members included 20 children, the youngest of whom had just turned 18 months. Many of them were born underground and had never seen daylight until prosecutors discovered their dwelling on August 1. A 17-year-old [...] Abubakar Siddique Al-Qaeda is back in Iraq, a fact underscored by a wave of spectacular attacks this summer. With 325 Iraqis killed by militants, according to statistics released on August 1 by the Iraqi Health Ministry, July was the country’s deadliest month in two years. Al-Qaeda, believed to be on the wane in the country when U.S. forces withdrew troops from Iraq at the end of 2011, played a direct role [...] WASHINGTON, D.C., August 1, 2012 — I was stunned upon hearing a news report about a protest going on in China. Teachers, parents with their young, school-age children and pro-democracy activitists (one estimate was 90,000 people) marched in Hong Kong to government headquarters last Sunday to publicly protest a new required “Patriotism” class, to be taught in the school system starting in 2015. The protestors think that the effort of [...]
***WHY I AM SELLING EVERY STOCK I OWN AND PUTTING MOST INTO GOLD AND CASH!*** August 1, 2012 The markets are absolutely out of control. Today, Knight Capital plunged. A bunch of stocks went haywire at the open all due to this algorithmic high frequency trading nonsense. As you can see from the chart of Knight Capital above, it was total devastation. Did this effect me or any of the stocks I [...] Manzeena Iqbal The UC Davis officer accused of pepper spraying 11 student protesters in November no longer works on the police force. Spokesperson for the UC Davis Chancellor Barry Shiller said John Pike’s employment ended on July 31, 2012. Shiller released the following statement: Consistent with privacy guidelines established in state law and University policy, I can confirm that John Pike’s employment with the University ended on July 31, 2012. I’m unable [...] Jeff Cox Wednesday morning’s stock snafu had a familiar ring to it — mysterious volume in trades that simply could not have been made by a human comes surging out of nowhere, causing brief but acute market mayhem. By now, many players on trading floors have gotten used to the disruptions that can come from the highly automated new world of high-frequency trading. But that doesn’t mean they like it. “This algorithmic [...] Aaron Klein TEL AVIV — Russian intelligence has information about U.S. troops inside Turkey near the country’s border with Syria, a senior Syrian official told KleinOnline today. The official said the Russians said they observed American forces taking part in Turkish military measures to secure the Syria-Turkey borders. The official said the information about a U.S. military presence in Turkey has led to a debate within the Syrian leadership about whether [...] nbcnews.com Illinois Governor Pat Quinn on Tuesday proposed a state ban on assault weapons in the aftermath of the July 20 movie theater massacre in Colorado in which a former graduate student is charged with killing 12 people with guns including a semi-automatic rifle. Quinn, a Democrat, called himself a “strong supporter” of the constitutional right to bear arms, but said in a letter to state legislators that the proliferation [...] AUGUST 1–A pair of frisky Kansans are facing criminal charges after they allegedly swiped some K-Y Jelly from a Walmart and actually began trysting inside the big box retailer, cops report. The X-rated encounter Sunday evening resulted in the arrest of Julian Call, 22, and Tina Gianakon, 35, on theft and lewd and lascivious behavior charges, according to the Hutchinson Police Department. Call and Gianakon are pictured in the adjacent mug shots (click [...] AUGUST 1, 2012, 10:19 AM Hedge Fund Titan Plans to Return $2 Billion to Investors Louis M. Bacon, who together with Paul Tudor Jones and George Soros has come to define this style of high-stakes macro investing for more than 20 years, said in a letter to his investors on Wednesday that he would be giving back $2 billion, about one quarter of the size his benchmark Moore Global Investment fund. He cited [...] Josh Peterson Language within the embattled Cybersecurity Act of 2012 parallels that of a proposal made by Russia and China to the U.N. in 2011, which argued for international regulation of the Internet to fight cybercrime. In September 2011, Russia, China, Tajikistan and Uzbekistan urged U.N. Secretary General Ban Ki-moon to lead discussion on the “International Code of Conduct for Information Security.” The proposal called for international cooperation on defeating cybercrime [...] The Hilsenrath-Haggle Federal Open Market Committee (FOMC) is likely to ease monetary policy at the July 31-August 1 meeting in response to the continued weakness of the economic data and the persistent downside risks from the crisis in Europe. While we expect nothing more exciting than an extension of the current “late 2014” interest rate guidance to “mid-2015″, Goldman adds in their preview of the decision that although a new Fed asset purchase [...] A slew of weak economic data has raised concerns that the U.S. is in a recession. Recent reports suggest that the Fed is ready to act.
Bank of America strategist Priya Misra and her team have revised their Fed call and expect that Fed will act when it is “comfortable that the growth slowdown is likely to persist”. Here’s what BofA expects from the Fed: An extension of its forward guidance in a manner that would push rate [...] by Charles Hugh Smith from Of Two Minds Before You “Buy the Dip,” Look at These Two Charts The real economy has entered recession territory, while the stock market is setting up a massive downtrend from QE-juiced highs. Our Chartist Friend from Pittsburgh recently posted two charts that should give those tempted to “buy the dip” pause. The first is a long-term chart of the Dow Jones Industrial Average (DJIA). The recent price history has traced out [...] Another round of quantitative easing could be right around the corner: upon concluding the latest meeting of the US Federal Reserve, some of the central bank’s top figures forecast that they may need to implement QE3. Citing a continuously stagnant jobs report and a seemingly perpetually perturbed international economy, members of the Fed say that a third run of quantitative easing — yet another round of bond purchasing — could be [...] After months of sea trials, China is set to formally deploy its first aircraft carrier on Aug. 1, according to U.S. officials. The carrier is currently undergoing 25 days of sea trials in the Bohai Sea over the northern coast of China, and the Aug. 1 deployment will coincide with the anniversary of the founding the communist-ruled People’s Liberation Army. Photos posted on the Chinese Internet also revealed that China will outfit [...] While lawmakers continue to fight over how to fix the ailing U.S. Postal Service, the agency’s money problems are only growing worse. The Postal Service repeated on Wednesday that without congressional action, it will default—a first in its long history, a spokesman said—on a legally required annual $5.5 billion payment, due Aug. 1, into a health-benefits fund for future retirees. Action in Congress isn’t likely, as the House prepares to leave [...] ANCHORAGE, Alaska (Reuters) – The state of Alaska sued the Obama administration on Friday to block environmental regulations that would require ships sailing in southern Alaska waters to use low-sulfur fuel. The lawsuit, filed in U.S. District Court in Anchorage, challenges the new federal regulations, which require the use of low-sulfur fuel for large marine vessels such as cargo and cruise ships. The rule is scheduled to be enforced starting on August 1 by the Environmental Protection Agencyand the U.S. Coast Guard for ships operating [...] (Reuters) - Spain will implement a 3 percentage-point hike to the value-added tax rate on August 1, a government source said on Wednesday. The main rate of value-added tax on goods and services will rise to 21 percent from 18 percent. http://www.reuters.com/article/2012/07/11/us-spain-economy-tax- Millions of Americans are to receive refunds from their health insurance companies. The rebates come as a part of a new policy in the federal health care system which puts strict conditions on how insurers spend their money. The new rules, which came into place last year, state that insurers must spend between 80 and 85 percent of premium dollars on medical care. Insurance companies that violate the rule will be required to [...] Two weeks after the CME hiked gold margins by 22%, and two days after the Shanghai Gold Exchange sent them higher by 26%, here comes the CME, as we expected, with another 26% gold margin hike (previously: “Should we expect 3 more SGE margin hikes in the next 2 weeks? Or will the CME rightfully accept the baton and do everything in its power to dent the parabolic rise in the [...] AFP If there’s one place a James Bond villain — or even some actual governments — would love raiding today, it’s the basement of a somber building in lower Manhattan: the world’s biggest gold vault. Gold prices hit a record $1,632.8 an ounce Friday, reflecting a nervous rush by private and national investors from stocks, dollars and euros to the safe-haven commodity. Fresh food that lasts from [...] US politicians are still tussling over how to raise the country’s debt ceiling. While Republicans and Democrats argue, Secretary of State Hilary Clinton has been trying to calm nervous Asian investors that Washington will meet next week’s deadline. E. Michael Jones, editor of a Catholic current affairs magazine, predicts the debt ceiling will be raised once again. “And there is good and bad news about that,” he told RT. “The [...] Poll: 85 percent of U.S. customers want an electric vehicle http://www.elp.com/index/display/article… The caveat is that [...] |
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