Restaurant, hotel prices skyrocket

MYFOXNY.COM -

The New Jersey Division of Consumer Affairs issued subpoenas to 65 businesses across the state Friday after more than 500 consumer complaints about alleged price gouging.

“Having seen firsthand the suffering people are experiencing, I assure New Jersey’s residents and retailers that we are taking a zero-tolerance approach to price gouging,” said Governor Christie. “We are not asking businesses to function as charities. We require that they obey New Jersey’s laws [...]

JUST-IN: Japan’s PM rules out compromise as dispute with China escalates

Official statement from the Prime Minister of Japan.

“As for the Senkakus, they are an inherent part of our territory in light of history and also under international law. There are no territorial issues as such. Therefore, there cannot be any compromise that represents a retreat from this position.”

Official statement from the Government of China.

“The Japanese move is a gross violation of China’s territorial integrity and sovereignty, an outright denial of the outcomes [...]

Obama’s prison rape regulations to cost $7 billion

President Obama’s Department of Justice recently released new regulations to prevent prison rape. “Sexual violence, against any victim, is an assault on human dignity and an affront to American values,” Obama said when announcing the new initiative. “The Prison Rape Elimination Act of 2003 (PREA) was enacted with bipartisan support and established a ‘zero-tolerance standard’ for rape in prisons in the United States.”

But the new regulations won’t be cheap; it’s expected to [...]

Police Handcuff, Charge 6-Year-Old Girl For Misbehaving

When did cops become so cowardly and pathetic?

Paul Joseph Watson
Infowars.com
Tuesday, April 17, 2012

Police in Milledgeville, Georgia handcuffed and charged a 6-year-old girl with assault for throwing a tantrum in school but instead of apologizing for such unnecessary treatment, the chief of police praised his officers for their actions.

After kindergartner Salecia Johnson knocked over a shelf that injured the principal, cops were called, Johnson was handcuffed and taken to the [...]

‘They treated us inhumanely’: Gay man thrown off Caribbean cruise for ‘having sex on deck in port’ tells of ‘humiliating’ arrest

Men were spotted having sex on Celebrity Summit from dock in Dominica, where sex between two men is illegal

Claimed the Dominican police taunted and humiliated them, to the point they were frightened for their safety
Ordered to pay $900 fine after pleading guilty to indecent exposure
Said they will never go back to Dominica and that they should have done more research before going

A Southern Californian man thrown off a Caribbean gay [...]

WORLD OF TENSION:

US Secretary of State Hillary Clinton delivers remarks at an event in recognition of the International Day of Zero Tolerance for Female Genital Mutilation February 16, 2012 in the Benjamin Franklin Room of the Department of State inWashington, DC. - daylife

Fantastic WSJ Op-Ed: Why central planning has doomed us all

From Zero Hedge:

In a must read Op-Ed in the WSJ, Mark Spitznagel, founder of “fat tail” focused hedge fund Universa, where Nassim Taleb has been known to dabble on occasion, explains the fundamental flaw with central planning, and specifically why “moral hazard” or the attempt to avoid the destructive part of natural cycles, is the greatest unnatural abomination ever conceived by man.

His visual explanation should be sufficient for even such grizzled [...]

Fantastic WSJ Op-Ed: Why central planning has doomed us all

From Zero Hedge:

In a must read Op-Ed in the WSJ, Mark Spitznagel, founder of “fat tail” focused hedge fund Universa, where Nassim Taleb has been known to dabble on occasion, explains the fundamental flaw with central planning, and specifically why “moral hazard” or the attempt to avoid the destructive part of natural cycles, is the greatest unnatural abomination ever conceived by man.

His visual explanation should be sufficient for even such grizzled [...]

TSA WARNS: WE’LL OPEN YOUR XMAS PRESENTS

(courtesy of USA TODAY)

LOS ANGELES (CBS) — Security screeners at LAX will apparently have zero tolerance for holiday cheer this Christmas.

KNX 1070?s Bob Brill reports authorities on Friday are on the lookout for people who try to smuggle illegal items disguised as holiday gifts onto airplanes.

 

Officials with the Transportation Security Administration issued the warning after a traveler was arrested this week after trying to smuggle marijuana in a wrapped gift.

There [...]

High School Lacrosse Player Arrested Over Lighter, Knife Used To Fix Equipment

Easton, Md. (WJZ)— Outrage is growing after two high school students are suspended– one taken away in handcuffs– over items found in their lacrosse equipment bags. Those items are banned from school property.

Mike Hellgren explains the zero-tolerance controversy.

The parents of those two students say the school administrators are taking this way too far.

Talbot County schools are under fire for suspending two Easton High School lacrosse players over equipment [...]

WHITE POWDER DISCOVERED AT KENNEDY SPACE CENTER TESTS POSITIVE FOR COCAINE

NASA has a zero-tolerance drug policy, and all employees may be randomly tested.

Miami (CNN) — NASA’s Inspector General’s Office says an investigation is under way after a white powdery substance found at the Kennedy Space Center tested positive for cocaine.

“Law enforcement personnel field tested the substance, which indicated a positive test for cocaine,” said Renee Juhans, an executive officer with the office.

“The substance is now [...]

On Japan’s Bond Market And Its Economy

by Nick Ricciardi

On Japan’s Bond Market and Its Economy

Over the past few weeks there has been a new round of articles and commentaries predicting doom for Japan’s economy. Yet, as usual, Japan’s bond markets have shrugged off these fears.

Japan’s capital markets and its macro-economy are replete with confounding puzzles. But they are all rooted in two basic misconceptions that Japanese hold concerning their debt. [...]

Taibbi: How Can We Expect Wall St. Thieves to Stop Stealing Unless We Throw Them in Prison?

With financial fraud now so sophisticated and pervasive, we clearly need zero-tolerance solutions to change Wall Street’s culture.

Often, the most provocative ideas arise after swigs of whiskey. This is especially true when a Rolling Stone reporter is around — and, as I recently learned, it’s all but guaranteed when that Rolling Stoner is Matt Taibbi, aka the heir to the magazine’s gonzo throne.

I [...]