“Relying on a stack of documents, Sachs told me when leadership in the general assembly brought the measure to lawmakers they did so by emergency certification, which is meant to speed up the process to pass a bill when an emergency calls for it. According to Sachs, state statute requires the speaker of the house and senate president to provide the facts in writing as to why an emergency certification [...]
Customers “are buying up everything”
by Steve Watson, InfoWars:
Gun store owners say they have never experienced anything like the demand for firearms and ammunition that they are currently witnessing in the wake of a renewed government push for gun control. Owners at Blue Steel Guns & Ammunition in Raytown, Miami told The Miami Herald that customers were so hungry for ammo that they couldn’t even stack shelves with fresh supplies before they had all [...]
(AP) PARIS – A French police official said a few dozen people protested in front of the U.S. Embassy in Paris before police broke up the demonstration.
Television images showed Muslim protesters praying on the wide sidewalks in front of the embassy.
100 people detained after protest near U.S. embassy in Paris
Police in Paris detained around 100 people Saturday for taking part in an unauthorized, impromptu demonstration near the U.S. embassy against [...]
How in the world is someone supposed to actually prepare for an economic collapse? What should you do with your money? How can you make sure that your family is going to be okay? How can you prepare if your resources are extremely limited? These are the kinds of questions people ask me all the time. Once people understand that the economy has been collapsing and will continue to collapse, then [...]
Andrew Grzywacz has a university degree, a job that pays $8.50 an hour, a stack of résumés ready to be mailed – and more than $30,000 in student debt.
“I knew I wouldn’t land the dream job right out of college,” says the 23-year-old, who graduated from Boston’s Emerson College in December with a degree in film and television writing. “The [entertainment] industry is a tough nut to crack, more [...]
Chaos struck the men’s team gymnastics competition in London yesterday when the Japanese team was awarded the silver medal after originally coming in fourth.
Here’s what went down:
Japanese gymnast Kohei Uchimura stumbled off the pommel horse in the last event of the competition, and the judges gave him a terrible score — leaving Japan in fourth place behind China, Great Britain, and Ukraine.
But the Japanese team thought the judges mis-scored Uchimura’s routine, so [...]
From The Dollar Collapse:
When investors decide to close out their riskier positions and move into “cash,” they don’t actually go to the bank and get a stack of twenties. Most just sell their stocks and let their broker sweep the proceeds into a money market fund which, they assume, is the same thing as cash because it holds high-quality short-term commercial paper that almost never defaults.
That pleasant assumption breaks down [...]
(CBS News) CBS News has learned that the NCAA will announce what a high-ranking association source called “unprecedented” penalties against both the Penn State University football team and the school.
“I’ve never seen anything like it,” the source told correspondent Armen Keteyian.
In the first decade of the commercial Internet–the 1990s and early 2000s–there were frequent murmurings that newspapers were screwed.
The digital audience didn’t read newspapers, people pointed out. They visited web sites. They read articles here and there. But they didn’t put the stack of articles, photos, and ads known as a “newspaper” on their breakfast table and flip through the whole thing.
What’s more, the digital audience stopped using newspapers as a reference [...]
From Jeff Clark in the S&A Digest:
Ben’s parents looked like they wanted to kill me.
Ben graduated from high school last week. He’ll be going to UCLA in August to study finance. Ben wants to trade stocks and options for a living.
So at a fancy dinner party last week, while he was surrounded by family and close friends, Ben asked my advice on what classes to take at college. Without thinking, I [...]
In an unexpectedly emotional tantrum, an Illinois lawmaker threw his papers in the air and dramatically likened himself to Moses.
‘Enough! I feel like somebody trying to be released from Egypt. Let my people go!’ screamed Republican state representative Mike Bost.
The spectacle was in protest of the pension reform bill that is being spearheaded by the state Democrats.
Mr Bost, in a truly dramatic display, began yelling after he apparently had enough [...]
The word ‘encumbrance’ has received a lot of headlines in the last few months – and rightfully so – after we pointed out the impact that LTROs had in subordinating senior creditors of European banks. As Morgan Stanley points out, this is a considerable problem for bondholders as ‘in a wind-down scenario, senior unsecured holders have recourse to fewer assets and hence face a higher loss given default (LGD)’. In understanding [...]
‘Once you pop, you can’t stop,’ goes the slogan – but it seems you can, with a little help from a few bright-colored chips added to a stack of snacks.
Dividing up the chips into ‘portions’ reminds people of how many they’re eating – and they slow right down.
The effect of the bright-colored chips can reduce people’s consumption by up to 50% in tests.
‘The colored chip did all the work,’ says [...]
It wasn’t a case of ‘finders keepers’ when Stephanie Paparo picked up a wad of $2,300 cash in a Philadelphia convenience store.
In this case, surveillance footage clearly showed the man standing in front of her at the counter take something out of his back pocket and accidentally drop the stack of bills.
Paparo, 28, is shown bending down and pocketing the cash before quickly paying for her items and leaving the [...]
Via Peter Tchir of TF Market Advisors,
Holding 10, Queen, not suited, small stack, is it time go all in?
Both EFSF and ESM rely primarily on guarantees which we know Most European politician think is as valuable as toilet paper, so why not provide more? The ESM does have some paid in capital, but the plan is for minimal paid in capital and maximum usage of guarantees.
With the momentum from LTRO why [...]
Sam’s a profligate spender. No matter how much he earns, it’s never enough, and his mounting credit card debt is proof. Ironically, Sam is concerned about his retirement, so he takes a second, part-time job and deposits all those earnings into an IRA. While Sam’s personal finances are teetering on the edge, his retirement account is firmly planted on solid ground.
Sam repeatedly raises the limit on his credit cards, but [...]
from Business Insider by Lindsay Sakraida
If shopping is something like a sport to you (we won’t judge; this is dealnews after all), then you’re probably already gearing up for after-Christmas sales. It’s one of the more notable shopping events of the year, and you can expect stores to almost universally offer discounts. But how do the sales stack up to other major shopping holidays? And what should you expect this year? We combed through our [...]
It’s fair to say that our discussion about the big lie touched a nerve.
The big lie of the financial crisis, of course, is that troubling technique used to try to change the narrative history and shift blame from the bad ideas and terrible policies that created it.
Based on the scores of comments, people are clearly interested in understanding the causes of the economic disaster.
I want to move beyond what I call [...]
When we First Reported on Bill Gross’ massive surge in duration and accelerated purchase of Mortgage Backed Securities a week ago, we said, “That’s either what is called betting one’s farm on Operation Twist, or, betting one’s farm that the next thing to be purchased by the Fed in QE3 or QE4 depending on how one keeps count, will be Mortgage Backed Securities.” It was the letter. Confirmation that Bill once [...]
October 11, 2011
Death is going to get more expensive – by about £170. Whether you are burnt or buried when you go, the government is planning to grab an extra £170 from your estate via a new death tax. It claims the tax is needed because they want to improve the accuracy of death statistics.
Dead against it?
Crucially, it would mean the family of the deceased [...]
Liquidity? None. This is the bid/offer stack in the S&P futures a few minutes into the trading day.
Nobody is talking about this. That’s 27 - twenty-seven contracts – on the bid at 1146.75. During the trading day. There’s less than a thousand up and down the stack through the entire visible portion.
This is a tiny fraction of normal liquidity and those sub-100 numbers are more-akin to what you expect in the [...]
KMBC 9 ABC
August 24, 2011
KANSAS CITY, Mo. — A huge piece of artwork is about to send a big message about money, taking 117 shipping containers to spell out a six-letter phrase.
See video at this link.
“It’s really rewarding to see it. I’m savoring the experience,” said artist John Salvest.
He said he managed to round up 117 shipping containers in different colors to make a seven-story stack near the Liberty Memorial. [...]
It has been far too long since Adam Curtis’ last impressive instalment of his thought provoking three part series, that to many of his growing plethora of fans, Including myself, is a fascinating rabbit hole of innovative ideas and opinion pieces.
Plausible and creative, in the four years since his creation of that earlier three part series, The Trap, which you can view here at Chris Martenson.com, with [...]
The utility company said on Thursday that most of the fuel rods are likely to have melted and fallen to the bottom of the reactor. Earlier in the day, it found that the coolant water in the reactor is at a level which would completely expose nuclear fuel rods if they were in their normal position.” And from Reuters: “The finding makes it likely [...]
(NaturalNews) Consumers constantly are told how complicated it is to get a new drug on the market. After all, researchers have to jump through all sorts of hoops to assure safety before new therapies are approved for the public, right?
It turns out they may be missing some of those hoops or not jumping through some of the most important ones.
In fact, huge red flags are being [...]
Breaking news on NHK at 7pm ET: Smoke/steam rising from all 4 reactor units — Workers evacuated (VIDEO)
NEWS ADVISORY: Repair work halted at reactor No. 2 — Temp rising at No. 1
Spike in radiation levels for West Coast? “Abnormal” readings on 8 of 18 EPA monitors for California, Oregon, Washington — Devices now “undergoing quality review”
Is Fukushima radiation plume highly dispersed before it [...]