FL quietly shortens yellow lights, resulting in more red light camera tickets

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 [...]

Russia to publish list of BANNED extremist symbols. (You’re an extremist if you insult someone’s feelings)

“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, [...]

RED ALERT : MILITARY DRILL PLANNED for 3mile Island TODAY…NUCLEAR PLANT

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 [...]

E-Gov Link Enables Local Governments to Accept coin

Thursday, March 28, 2013
Activist Post

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 [...]

UPDATE: Number of Gun Makers Refusing Sales to Gov’t More Than Triples

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 [...]

Huge asteroid will miss us “by about 15 minutes” next week

CNN
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 [...]

Christie Warns NJ Residents of Post-Storm Tax Hikes

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 [...]

McGrath: There Is a Disaster Coming. Get Ready For It.

Mac Slavo
November 13th, 2012
SHTFplan.com

 

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 [...]

Report: Water Prices Rise Sharply Across America; Double and Triple in Some Locales

Mac Slavo
October 1st, 2012
SHTFplan.com

 

It’s often overlooked and taken for granted, but it’s the most essential of all human resources.

Water.

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 [...]

JUST TO GET OBAMA RE-ELECTED : EU-IMF REVIEW OF GREEK DEBT SITUATION SET TO BE DELAYED UNTIL AFTER U.S. ELECTION – EUROPEAN OFFICIALS

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 [...]

West Nile update: Seven steps to protect yourself from toxic aerial pesticides

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…

1. [...]

Cities Near A Tipping Point

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 [...]

Moody’s: More Calif. Cities At Risk Of Bankruptcy

Moody’s: More Calif. cities at risk of bankruptcy

“One of the nation’s top credit rating agencies will begin a wide-ranging review of municipal finances in California because of what it sees is a growing threat of increased city bankruptcies and bond defaults.

Moody’s Investors Service issued a report Friday saying that the growing fiscal distress in many cities in the nation’s most populous state was putting bond holders at risk.

It noted that [...]

Economic collapse is inevitable, here’s why…

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 [...]

Mainstream media pushes malicious fluoride lie: Fluoride-free bottled water is harming children, they claim

Mike Adams
naturalnews.com
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, [...]

Why your local recycling program is a huge waste of money and resources

From LewRockwell.com:

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 [...]

American Cities Going Bankrupt

In past decades, many US municipalities declared bankruptcy. Since 1981, 42 cases were filed. Ten came in the past four years. 

Given hard times getting harder, what’s happening now is unprecedented since the Great Depression. 

Cities occasionally declare bankruptcy. In America, they’re coming more often. Others in dire financial straits may follow.

San Bernardino, CA is the latest. On July 11, The New York Times headlined “Third City In California Votes to Seek Bankruptcy,” saying:

Officials [...]

US Munis Caught Up In LIBOR Scandal

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.

Quote:
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.
http://online.wsj.com/article/SB1000…291676706.html

Quote:
Interest rate swaps are commonly used for both hedging and speculating.

http://en.wikipedia.org/wiki/Interest_rate_swap

 

- stompk

California Bankruptcies are ONLY THE BEGINNING – San Bernardino became the third California city to file for bankruptcy…

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 [...]

BREAKING ALERT: Bird flu (H7N3) outbreak hits chicken farms in Mexico, killed at least 870,000 poultry birds since its detection last month

(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 [...]

Christie using cuts to the poor as leverage for tax cuts for the rich

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

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 [...]

Why the U.S. could be headed for a great “depression” of a different sort

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 Carolina voters ban gay marriage, civil unions

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 [...]

Public Banking — it already works in the United States and is catching on! 17 State Legislatures now investigating

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 [...]

Municipal Defaults — Already 21 in 2012

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 [...]

Meredith Whitney: ‘Tidal Wave’ of Muni-Bond Defaults Still Coming

By Forrest Jones

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 [...]

Untouchable Pensions in California May Be Put to the Test

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 [...]

Meredith Whitney is back with another outrageous muni bond prediction, says a “tidal wave” of defaults is still coming…

From Newsmax:

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 [...]

How Banks Cheat Taxpayers – Matt Taibbi

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. [...]

Motorcycles, Bicycles Allowed to Run Red Lights Under New State Law

(Credit: AP)

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 [...]

LAST HOPE: Facing bankruptcy, Detroit considers gambling on lottery

iStockphoto

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, [...]

Red light camera company ATS sues city of Knoxville because it is losing money since the city stopped issuing tickets for cars that turn right on red, claiming the right turn law is unconstitutional because it discriminates against traffic camera companies.

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 [...]

“It” being the most blatant and obvious fact that the world’s monetary and financial system is flat assed broke!

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 [...]

James Turk – More Bank Collapses to Cause Gold & Silver Spike

kingworldnews.com

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 [...]