“It’s just about being safe.”
Thus spoke Deputy Corry Bassett of the Lincoln County, Wyoming Sheriff’s Office as he struggled to justify handcuffing Robert Pierson during an August 11, 2011 traffic stop.
Pierson, a Marine combat veteran, had been riding his motorcycle near Alpine when another motorist called to complain about a biker passing a number of slow-moving motor homes. Pierson was not charged with a traffic violation or a criminal [...]
Talk of replacing Libor with other benchmarks is likely to remain just that for two reasons: No substitute would easily work for all the financial instruments Libor serves, and rewriting derivatives contracts tied to Libor would be an herculean, and legally fraught, task.
The “new and improved” Libor would almost certainly do away with the current gymnastics-scoring-meets-clairvoyance method of calculation.
At present, large banks submit daily estimates of their costs of [...]
Melinda Gates: Where’s the Controversy in Saving Lives?
Matthew Cullinan Hoffman
Melinda Gates has issued a new cartoon video seeking to justify her campaign to “help” the poor in Africa and Asia by injecting women with Depo-Provera and other dangerous abortion-inducing contraceptive drugs. It shows brown and black women, whose bodies all have the shape of potatoes, smiling and frolicking with their progressively fewer children. Presumably, they’re overjoyed [...]
The Washington Times
Media Research Center founder Brent Bozell has seen a lot of media abuse in his time as the master monitor of the liberal press. Now, he’s seen the very worst: The broadcast networks “all but spiked the largest legal action in history to defend our constitutionally protected religious freedom,” the analyst says, citing CBS, ABC and NBC for skimming over news that 43 Catholic dioceses and organizations filed a lawsuit Monday against the Obama administration.
CBS managed to air 19 seconds [...]
British media look to be in no hurry to cover Russian MP Andrey Lugovoy’s British polygraph test, which showed he did not kill former security officer Aleksandr Litvinenko. It is odd that the media stay quiet, journalist Kenneth McTaggart told RT.
The test was conducted by British experts on Wednesday, with the results immediately picked up by Russian media. In the UK, however, the news saw far less enthusiasm – with [...]
by Carl Herman
US Ambassador to Afghanistan, Ryan Crocker, told a UK leading paper that leaving after ten years of war shows a lack of US patience, that all the US has accomplished so far is to kill the “slow and stupid ones,” and that killing in Afghanistan is important because somehow Afghanistan is a special place where terrorists would plan another 9/11 if the US stopped killing.
Please confirm Mr. Crocker’s assertions for yourself.
Yesterday, Ben Bernanke dedicated his entire first propaganda lecture to college student to the bashing of the gold standard. Of course, he has his prerogatives: he has to validate a crumbling monetary system and the legitimacy of the Fed, first to schoolchildrden and then to soon to be college grads encumbered in massive amounts of non-dischargeable student loans. While it is decidedly arguable that the gold standard may or may not have led to the first [...]
The US and Israel lie for war with Iran in two key areas of propaganda that you are responsible to understand if you want a US government operating UNDER the law:
Iran’s president never physically threatened Israel.
by Washington Blog
Wall Street Protesters Target the Federal Reserve
The “Occupy Wall Street” protesters have targeted the Federal Reserve as one of their central platforms.
The “Occupy San Francisco” branch of the protests is taking place –
High-Level Economists, Congressmen and Many Americans Want to End the Fed
This is not as [...]
The Obama administration has never been backward about leaning forward on Fox News. The network has proven a durable, go-to villain to rally the base and stoke indignation against a perceived antagonist on the right.
But White House press secretary Jay Carney, going after Ed Henry from Fox News on Wednesday, misfired all over the place by also insulting House Speaker John Boehner for being a “showboat” [...]
Meet John Rolczynski: The Grand Forks, N.D., resident has been trying to tell his legislators that an error in the state’s founding document means that technically, North Dakota is not a state.
Sounds like the ravings of a grumpy old man, but as it turns out, Rolczynski was right. News of uncertain statehood has put North Dakota in the spotlight and garnered big [...]
by Walter Block
I think it is very important that we keep track of, and thank, the Austrians who predicted the housing bubble. Let this signal [...]
While this is interesting, gauging the possible impact is equally interesting with widely divergent views anchored upon the size of the program and its effects on interest rates, the real economy and the financial economy. The possible outcomes are all across the board with most believing the intervention will be something close to $1 trillion.
Other than what has been offered by Edward, some of the most interesting insight have [...]