TAMPA BAY, Florida — A subtle, but significant tweak to Florida’s rules regarding traffic signals has allowed local cities and counties to shorten yellow light intervals, resulting in millions of dollars in additional red light camera fines.
The 10 News Investigators discovered the Florida Department of Transportation (FDOT) quietly changed the state’s policy on yellow intervals in 2011, reducing the minimum below federal recommendations. The rule change was followed by engineers, both [...]
“Moscow, May 9 (IANS/RIA Novosti): Russia will compile a list of extremist symbols, prohibited for use by non-governmental organisations and companies.
The list will be drafted as a result of the justice ministry-sponsored amendments to the law against extremist activity.
Furthermore, NGO symbols should not defile Russia’s flag, national anthem or emblem, or those of Russia’s regions and municipalities, foreign countries, or religious symbols.
They also should not insult racial, ethnic or religious feelings, [...]
Do not be alarmed if you see a lot of emergency vehicles setting up at Three Mile Island Tuesday afternoon.
Also, don’t be concerned if you hear announcements from the nuclear power plant’s public address system. It’s all part of a drill.
Counties, municipalities and school districts within a 10-mile radius of the plant will take part in the drill, which simulates a variety of emergency scenarios. It’s part of a plan [...]
Thursday, March 28, 2013
E-Gov Link announced today integration of B coin payments into its popular E-Gov suite of products. B coin, a global digital currency, is gaining in popularity, and provides citizens and municipalities a more cost effective solution for payments.
Local governments who offer online payments can now provide their citizens with another choice of payment method. Integration with a backed payment processor provides the municipality with US Dollars [...]
On February 22, “Right Views” reported that a growing number firearm companies have suspended the sale of guns to states, counties, cities and municipalities that restrict their citizens’ rights to own them.
In just two weeks, the number of companies participating in what has been named the “Firearms Equality Movement,” has more than tripled from 34 companies to 118.
The Police Loophole lists every company and links to the statements that each has released regarding their [...]
Feb 10, 2013
Bill Nye, Planetary Society CEO: Next Friday, the 15th of February […] This asteroid is about the same size as the one that made the crater in Meteor Crater, Arizona — as the one that created the Tunguska event in Siberia in 1908.
If such a meteor where to hit Atlanta, or New York City, or Boston that would be it for those municipalities. 2,000 square kilometers , 1,200 square [...]
Gov. Chris Christie is warning New Jerseyans living in storm-wrecked towns that they’re likely to see higher local property taxes to help pay for rebuilding.
Christie, dressed in a suit and tie and working in the Statehouse for the first time since Sandy ravaged the state two weeks ago, said an exemption to the state’s 2 percent tax cap law is emergencies like Sandy, which destroyed coastal towns, knocked [...]
November 13th, 2012
Do you think the government will be there for you in the middle of a crisis?
If they can’t handle the emergency response after a Category 1 hurricane, what will this country look like when the economic and fiscal crisis comes to a head?
What happens if the US dollar comes under attack from foreign creditors who choose to no longer accept it in trade? How will we as [...]
October 1st, 2012
It’s often overlooked and taken for granted, but it’s the most essential of all human resources.
We’re paying 75% more for it today than we were in the year 2000.
According to a recent study by USA Today, which looked at 100 large municipalities across the country, the price increases over the last decade are so significant that many Americans are having to cut other expenses just to keep up:
“…the cost of [...]
For those to whom this comes as a surprise, following the periodic jaunts of Tim Geithner to Europe explaining just what is truly important in life, not to mention Obama’s daily phone calls to Mario Monti, we feel truly sorry:
EU-IMF REVIEW OF GREEK DEBT SITUATION SET TO BE DELAYED UNTIL AFTER U.S. ELECTION – EUROPEAN OFFICIALS
And the punchline:
“Obama doesn’t want anything on a macroeconomic scale that is going to rock [...]
From Natural News:
Despite serious questions about safety and effectiveness, Dallas and other municipalities around the country are blanketing their cities and their citizens with pesticides. Pets, gardens, lawns, livestock… nothing is safe and individual citizens are not able to opt out of the widespread spraying.
While those opposed to pesticide contamination can do little to stop it, there are plenty of important measures everyone can do to limit their pesticide exposure…
Rochester used a one-time, $15 million dollop of state aid to reduce its $40 million deficit this year.
The mayor of Syracuse has asked a law firm to draft a memo about the possibility of municipal bankruptcy.
In Yonkers, project deficits over the next four years will total over half a billion dollars. That’s billion with a B.
While the state’s financial situation has stabilized in the past two years, municipalities hurt by [...]
America is quickly approaching a catastrophic economic collapse. Before you dismiss this as hype or paranoia, take a few minutes to review the facts outlined on this page. The numbers don’t lie. At this point, the dollar crash is unavoidable… far from an exaggeration this is a mathematical certainty. As repelling as that sounds, it’s in your own best interest to learn just how bad the situation is.
According to the [...]
August 3, 2012
The mainstream media is at it again, lying to the public about fluoride. This time, the culprit is HealthDay, a “canned news” service that spits out lies and disinformation to be published by subscribing websites. Recently, HealthDay put out a story by author Alan Mozes claiming that bottled water might be harming children’s dental health because there’s no fluoride in it! (http://consumer.healthday.com/Article.asp?AID=667053)
And to really push their lie, [...]
When the first Earth Day observance was staged on April 22, 1970, 20 million Americans gathered at various venues across the country, in order to demonstrate for a healthy, sustainable environment.
One of the ideas promoted as an agenda action item was that of recycling, particularly as it related to things made from metal, glass, paper, and plastic. This idea was considered to be a no-brainer, to be accepted virtually [...]
Like I’ve been saying, municipalities (the govt) has been gambling with payroll, pension, and 401k accounts through credit default swaps, and overnight sweep accounts.
Libor also has an impact on the cost of financial contracts, called interest-rate swaps, that many municipalities and state agencies buy as insurance policies to help manage their debt costs.
Interest rate swaps are commonly used for both hedging and speculating.
NEW YORK (CNNMoney) — San Bernardino became the third California city to file for bankruptcy in the past few weeks … but it won’t be the last.
Many municipalities in the Golden State and around the nation are struggling to cover their costs as the economic malaise continues to hurt tax revenue streams, experts said. This will lead to more municipal bankruptcies, which have been rare until now.
“This is not the [...]
(Reuters) – An outbreak of avian flu in western Mexico has killed at least 870,000 poultry birds since its detection last month but poses no threat to humans, the agriculture ministry said on Monday.
The H7N3 flu was detected in two municipalities in the state of Jalisco, Mexico’s largest chicken farming region, and authorities have been working quickly to contain the outbreak, a statement from the ministry said.
“There is no risk [...]
This is commentary from political blogger and cartoonist Rob Tornoe.
Confused about what’s going on in Trenton? Wondering why Christie is calling back the Legislature when everyone thought they’d be on vacation?
Unlike most things in New Jersey politics, this one is pretty straightforward.
Gov. Christie is hoarding money saved by cuts to programs aimed to help poor and working class families, and using it as a bargaining chip to ram through tax [...]
Greece breached the rules of its EU/IMF loan agreement by taking on some 70,000 public sector staff in two years, undermining efforts to reduce the state payroll, a report has said.
To Vima weekly said the hirings in 2010 and 2011 were highest in local administration, health, the police and culture, where the number of employees actually increased.
It cited a report from the troika of international creditors; the European Union, International [...]
From Bruce Krasting:
No, I don’t mean an economic depression. I mean an emotional depression.
I fear that a funk could hit a significant portion of the population over the next five years. Tens of millions of lives will be affected. There will be substantial economic hardship. Fortunes will be lost. Media empires will be rattled. Some municipalities will face bankruptcy. Universities and colleges across the country will face new funding pressures. [...]
North Carolinians voted to change the state constitution Tuesday to say that the only valid “domestic legal partnership” in the state is marriage between a man and a woman, according to the AP’s projection. The amendment passed 61 to 39 percent with most counties reporting, making North Carolina the 29th state with a gay marriage ban in its constitution.
The state already outlawed gay marriage, but the constitutional amendment makes it [...]
We are currently seeking state coordinators in some of these states and other states. State coordinators are volunteers who ascribe to the Public Banking Institute’s mission and who actively organize their state communities and serve as a point of contact for public banking developments in their respectives states. State Coordinators provide the information on this web page to Public Banking Institute, so it is as current as the information they have.
PBI State [...]
A growing number of U.S. cities are choosing to fund essential services like public safety and garbage collection over making payments on their outstanding debt, as rising costs and falling revenue deplete their budgets.
So far, the bond defaults are not roiling the $3.7 trillion municipal market because insurance companies are stepping in to make payments to bond holders in some cases. But defaults on insured bonds are putting pressure on [...]
When the city manager of troubled Stockton, Calif., had to tell city council members why it was on track to become the biggest American city yet to go bankrupt, it took hours to get through the list.
here was the free health care for retirees, the unpaid parking tickets, the revenue bonds without enough revenue to pay them. On it went, a grim drumbeat of practically every fiscal malady imaginable, except an obvious [...]
A “tidal wave” of defaults in the municipal bond market is still building and will eventually hit the United States, says Wall Street analyst Meredith Whitney.
Many U.S. cities, towns, and municipalities are insolvent but are treading along similar to how Greece did for years before officially defaulting.
In late 2010, Whitney told ’60 Minutes’ that municipal defaults could run up into the hundreds of billions of dollars, although that hasn’t [...]
A good friend of mine sent me a link to a small story last week, something that deserves a little attention, post-factum.
The Bloomberg piece is about J.P. Morgan Chase winning a bid to be the lead underwriter on a $400 million bond issue by the state of Massachusetts. Chase was up against Merrill for the bid and won the race with an offer of a 2.57% interest rate, beating Merrill’s bid of 2.79. [...]
CHICAGO (CBS) — Illinois motorcycles and bicycles will be allowed to run red lights starting in 2012, but only in certain instances.
Motorcycles and bicycles often aren’t big enough to trigger magnetic sensors that switch traffic lights from red to green, WBBM Newsradio’s Alex Degman reports.
That could mean the riders either break the law and run the red light, or wait until another vehicle comes along.
State Rep. Dan Beiser (D-Alton) says [...]
DETROIT (WWJ) - Would a city-run lottery in Detroit solve the city’s financial problems? One state lawmaker thinks so.
WWJ’s Vickie Thomas reports that state Rep. Dr. Jimmy Womack, D-Detroit, is drafting legislation to start a “Detroit only” lottery. He plans to meet with the state lottery commission next week.
The idea is the brainchild of Councilman Kwame Kenyatta, and it comes in the midst of a Detroit financial crisis that has created the threat of massive layoffs, service cuts, [...]
Tennessee: ATS Sues City Over Right Turn Ticket Money
Red light camera company sues a city because it is losing money without right on red citations.
Automated ticketing vendor American Traffic Solutions (ATS) filed suit Tuesday against Knoxville, Tennessee for its failure to issue tickets for turning right on a red light — and that is costing the company a lot of money. A state law took effect in July banning the [...]
They can’t see it?
I just don’t understand how ANYONE “can’t see it”.
Europe is absolute toast, fair value on Greek bonds is less than 50% of par value and everyone knows it. Their banks are insolvent even without any haircut from Greek holdings and everyone knows this. Italy, Portugal and Spain are all beyond fiscal sanity or repair and this also passes as common knowledge. The real estate markets are deflating [...]
With gold up roughly $20 trading at $1,680 & silver near $33, today King World News interviewed James Turk out of London to get his take on the ongoing financial crisis and where gold and silver are headed from here. When asked about the increasing fear surrounding municipal bankruptcies in the United States, Turk responded, “The surprises keep coming, Eric, but we really shouldn’t be [...]