Did you really think that Baltimore would return to normal after everything that has happened? On Thursday, a mother and her 7-year-old son were both shot in the head in a double murder that has shocked the entire nation. Police believe that the son may have been shot in order to prevent him from identifying the individual that shot his mother. So is this what America is turning into? A place where 7-year-old kids are executed in cold blood? That mother and son were the 37th and 38th murder victims in the city of Baltimore so far this month. That makes this the deadliest month in Baltimore in 15 years, but because of all the controversy surrounding the death of Freddie Gray, police in Baltimore are afraid to do their jobs at this point. In some areas of the city, young men boldly smoke weed in public and wave guns around at innocent bystanders without any worry that police will intervene. Baltimore has descended into a state of lawlessness, and this is just the beginning. As I discussed just the other day, the same kind of lawlessness will soon sweep all across this country. Continue reading »
For IN the NOW with Anissa Naouai, The Resident goes to Times Square to discuss the implications of the TPP on the world. Unfortunately, she was able to find exactly zero people who even had heard of the TPP, let alone could discuss the ramifications of it.
Parents of children as young as nine have reacted angrily after schools in an east London borough asked pupils to complete surveys designed to provide clues to possible radicalisation. Waltham Forest council has been piloting the scheme in five primary schools with large Muslim intakes. The questionnaire, circulated among year 6 pupils, asks how much they trust the police and people from another race or religion.
They are also asked whether they agree that it is acceptable to marry someone from outside their race or religion and whether women are just as good as men at work. Another question asks if the pupils believe their religion is the only correct one. About 22% of the population in Waltham Forest, one of the most deprived local authorities in England, are Muslim.
The programme has been funded with a €500,000 (£360,000) grant from an EU fund – the Radicalisation Leading to Terrorism Programme – designed to “identify the initial seeds of radicalisation with children of primary school age”. Continue reading »
On Thursday evening we outlined what we called the “pension ponzi”, whereby state and local governments resort to the issuance of pension obligation bonds to plug underfunded pension liabilities. The idea is to arbitrage the spread between coupon payments and what the pension funds can presumably expect to make by investing the proceeds from the bond issue. Here’s a refresher: Continue reading »
In a sign of just how dire the situation in Greece truly is, Reuters is reporting that Athens now owes billions to drugmakers as the consequences of being completely beholden to the ”institutions” which control the printing of a fiat currency now weigh on Greece’s ability to provide basic medical services for its citizens.
Vehicle owner Israel Shimeles arrested and charged; incident takes place near US Capitol
Times of Israel
A bomb squad safely destroyed a pressure cooker found in a “suspicious” vehicle left unattended Sunday afternoon on the National Mall near the US Capitol building and the vehicle’s owner was located and arrested, a US Capitol Police spokeswoman said. Continue reading »
Just when you thought you had seen it all, Nile Niami pulls another mansion out of his hat. The film producer and speculative real estate developer announced the asking price for the mansion he is building on a hill in Bel Air, the location where the memorable Fresh Prince of Bel Air TV show takes place. Unfortunately, Will Smith is not fresh enough for this place. You have to be a literal prince to afford it.
The mansion is not even finished yet, but it will be over 100,000 square feet. The main residence is 74,000 square feet, but several other homes will be included. At 5,000 square feet, the master bedroom is larger than most people’s houses. The property also features a 30-car garage and a Monaco-style casino. Continue reading »
I have been warning for some time that government was eyeing up pensions.The amount in private pension funds is about $19.4 trillion. The question that has been debated in secret behind the curtain is how to justify to the people taking that over. I have been warning that if this is seized by government, it will come after 2015.75. Just how that is to be accomplished was finally settled by the Supreme Court without any justification constitutionally.
The US Supreme Court ruled last week in the unanimous, 8-page decision in Tibble v. Edison holding that employers have a duty to protect workers in their 401(k) plans from mutual funds that are too expensive or perform poorly. That is simply astonishing since there is no constitutional requirement for even government to provide social benefits. The Supreme court held in HARRIS v. McRAE, 448 U.S. 297 (1980) it was explained that the constitution is negative not positive. There is no duty imposed upon the state to provide a program for that would convert the constitution from a negative restrain upon government to a positive obligation to provide for everyone. Continue reading »
“More from the WSJ….this time from the insurers point of view. Some greedy gut insurance companies are asking premium rates of over 50%……Obamacare put no limits on the amount of money they can charge. It just made it a crime for any American to go without coverage……..giving greedy guts a captive market of over 316 million people. The IRS will go after anyone who defies this law, and the IRS has more financial power than any other government agency. Found the link on Huffington Post……..”
Major insurers in some states are proposing hefty rate boosts for plans sold under the federal health law, setting the stage for an intense debate this summer over the law’s impact.
In New Mexico, market leader Health Care Service Corp. is asking for an average jump of 51.6% in premiums for 2016. The biggest insurer in Tennessee, BlueCross BlueShield of Tennessee, has requested an average 36.3% increase. In Maryland, market leader CareFirst BlueCross BlueShield wants to raise rates 30.4% across its products. Moda Health, the largest insurer on the Oregon health exchange, seeks an average boost of around 25%.
All of them cite high medical costs incurred by people newly enrolled under the Affordable Care Act.
In 1987, the plain people of Ireland were asked in a referendum whether or not they wanted divorce to be made legal in their country. They overwhelmingly voted No. Hardly surprising, everyone said, since Ireland was the most Catholic country in Europe. No more.
The massive vote in favour of legalising gay marriage in the same country charted the profound transformation undergone by Irish society in a single generation. Continue reading »
Citing the likes of Henry Ford and Steve Jobs as examples of innovation, Mr Buffett goes on to say that the rich are not undeserving and that “most of them have contributed brilliant innovations or managerial expertise,” to America’s economy. Continue reading »
“FBI agents can’t point to any major terrorism cases they’ve cracked thanks to the key snooping powers in the Patriot Act, the Justice Department’s inspector general said in a report Thursday that could complicate efforts to keep key parts of the law operating...Inspector General Michael E. Horowitz said that between 2004 and 2009, the FBI tripled its use of bulk collection under Section 215 of the Patriot Act, which allows government agents to compel businesses to turn over records and documents, and increasingly scooped up records of Americans who had no ties to official terrorism investigations.”
Thousands of people across the world have joined together in a global movement, protesting against American biotech giant Monsanto. Activists from over 400 cities are speaking out against GMOs and Monsanto’s monopoly over the food supply.
Saturday marked the third global annual March Against Monsanto (MAM). According to the organizers, 48 countries were scheduled to participate in a massive global turnout.