Category: Monetary Policy


American Shakedown: Police Won’t Charge You, But They’ll Grab Your Money

 

 

 

 

 

 

” On its official website, the Canadian government informs its citizens that “there is no limit to the amount of money that you may legally take into or out of the United States.” Nonetheless, it adds, banking in the U.S. can be difficult for non-residents, so Canadians shouldn’t carry large amounts of cash.

That last bit is excellent advice, but for an entirely different reason than the one Ottawa cites.

There’s a shakedown going on in the U.S., and the perps are in uniform.

  Across America, law enforcement officers — from federal agents to state troopers right down to sheriffs in one-street backwaters — are operating a vast, co-ordinated scheme to grab as much of the public’s cash as they can; “hand over fist,” to use the words of one police trainer. “

  It usually starts on the road somewhere. An officer pulls you over for some minor infraction — changing lanes without proper signalling, following the car ahead too closely, straddling lanes. The offense is irrelevant.

  Then the police officer wants to chat, asking questions about where you’re going, or where you came from, and why. He’ll peer into your car, then perhaps ask permission to search it, citing the need for vigilance against terrorist weaponry or drugs.

What he’s really looking for, though, is money.

‘Authorities claim it’s legal, but some prosecutors and judges have called it what it is: abuse. In any case, it’s a nasty American reality.’

  And if you were foolish (or intimidated) enough to have consented to the search, and you’re carrying any significant amount of cash, you are now likely to lose it.

  The officer will probably produce a waiver, saying that if you just sign over the money then the whole matter will just disappear, and you’ll be able to go on your way.

  Refuse to sign it, and he may take the cash anyway, proclaiming it the probable proceeds of drugs or some other crime.

  Either way, you almost certainly won’t be charged with anything; the objective is to take your money, not burden the system.

  You’ll have the right to seek its return in court, but of course that will mean big lawyer’s fees, and legally documenting exactly where the money came from. You will need to prove you are not a drug dealer or a terrorist.

  It might take a year or two. And several trips back to the jurisdiction where you were pulled over. Sorry.

  In places like Tijuana, police don’t make any pretense about this sort of thing. Here in the U.S., though, it’s dressed up in terms like “interdiction and forfeiture,” or “the equitable sharing program.

  Authorities claim it’s legal, but some prosecutors and judges have called it what it is: abuse.

  In any case, it’s a nasty American reality.

  Seizing suspected drug money has been legal here for decades, but after 9/11 police acquired a whole new set of powers and justifications. And they set about using them for profit.

The Washington Post this week reported that in the past 13 years, there have been 61,998 cash seizures on roadways and elsewhere without use of search warrants. The total haul: $2.5 billion.

  As the Canadian government notes, there is no law against carrying it here or any legal limit on how much you can carry. But  if you’re on an American roadway with a full wallet, in the eyes of thousands of cash-hungry cops you’re a rolling ATM. “

 

Read more

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

About these ads

Boston Marathon Victims Denied Insurance Reimbursement Because Bombing Was ‘Not Act Of Terrorism’

 

Feds: This is not terrorism

 

 

” The context is the Terrorism Risk Insurance Act, which was passed just after the 9/11 attacks. It’s a a federally-administered and underwritten insurance program for terrorism-caused damage, designed to be relatively inexpensive but to compensate policy owners in the event of a man-caused disaster.

  Twenty-two Boston-based companies carried that insurance and for pay-out purposes, the attacks have not been classified as acts of terror.

  Instead, the law’s details state that insurance losses must exceed $5 million to be certified as terrorism, and so far only $1.9 million in claims have been issued. That actual terrorists blew stuff up, killed people, and caused damage is only part of the equation and not sufficient to make an “act of terrorism” determination. The rest of the critical factors depend on the dollar value.

  Whether this detail stems from a crony relationship between the government and the insurance companies, as they write the policies and benefit from the premiums whereas the payouts are taxpayer supported, or just a well-intentioned mistake, is unclear. “

 

    Our bet is on the crony relationship , not a “well-intentioned” mistake . What do you think ? Read more and decide for yourself .

 

 

 

 

 

 

 

 

 

 

 

Brought To You By Storm Clouds Gathering

Published on Sep 11, 2014

” The real reason Russia and Syria are being targeted right now
Follow us on Facebook:     http://facebook.com/StormCloudsGathering
Follow us on Twitter: http://twitter.com/SCGupdates
Donate: http://StormCloudsGathering.com/donate
Get weekly email updates:  http://scgnews.com/scgnews_updates “

Kibo Interior & Exterior Photos

 

 

Photo: Our new look magazine cover! The October issue. Available on shelves Thursday.<br />
Pic credit: www.marchantandgonta.com” width=”504″ height=”504″ /></a></p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<blockquote>
<h4><span style=266.40ft | Abeking & Rasmussen | 2014

” The 266.40ft Custom motor yacht motor yacht ‘Kibo’ was built by Abeking & Rasmussen in Germany at their Lemwerder shipyard , she was delivered to her owner in 2014. Terence Disdale is responsible for her beautiful exterior and interior design.”

 

 

Kibo

Construction & Dimensions

” Kibo features a displacement steel hull and aluminium superstructure, with teak decks. She was built to Lloyds Register classification society rules.”

 

 

 

 

 

 

 

Specifications

 

  1. Length 266.40ft /81.2m
    Builder Abeking & Rasmussen
    Exterior Designer Terence Disdale
    Interior Design Terence Disdale
    Built | Refit 2014
    Model Custom
    Beam 41.34ft /12.6m
    Gross Tonnage 2350 Tonnes
    Draft 10.99ft /3.35m
    Crusing Speed 12 Knots
    Top Speed 16 Knots

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

WSJ Poll: Public Now Backs GOP On Immigration

 

 

 

 

 

” The U.S. public is coming around to the Republican position on immigration, according to the latest Wall Street Journal/NBC News poll.

  The survey found that 35 percent of Americans believe the Republican Party is better positioned to address immigration, as against 27 percent who think Democrats would do a better job. The December margins had favored Democrats 31 percent to 26 percent for Republicans.

  Proposals to offer some 11 million illegal immigrants a pathway to citizenship are losing support considerably. Now, 53 percent are in favor with 45 percent opposed. In April, those in favor numbered 64 percent against 35 percent who were opposed.

  Pollsters attribute the shift in public opinion to the influx of children who illegally crossed into the United States from Central America earlier this year. The GOP message has been that security on the border is lax and that a 2008 bipartisan law intended to discourage sex trafficking has had the unintended result of encouraging illegal migration and needs to be amended. “

 

 

Read more

 

 

 

 

 

 

 

 

 

 

 

 

At $286K, Members Of Congress Earn A Lot for How Little They Accomplish

 

 

 

 

 

” Congress has just returned from a 5-week recess to a lot of unfinished business—it has yet to send even one of the 12 spending bills due on Sept. 30 to the president’s desk.

  A new report by the Taxpayers Protection Alliance and Our Generation reveals that members of Congress take home a big paycheck for meager results in Washington. At $174,000, members of Congress make more than 95 percent of American income earners. Once generous benefits are added, members’ compensation totals $286,000 per year. And at least one member of Congress argued recently even this generous compensation package wasn’t enough—that Congress also should get a housing stipend.

  Congress’s main job is to budget. But when it comes to passing annual spending bills, members of Congress have not accomplished that in full and on time since 1997. Many were hopeful Congress would use this year’s head start into the appropriations process (Congress agreed on the spending level in December 2013, instead of April 2014) to actually meet the deadlines, but such hope has long given way to resignation. There is simply not enough time left in this fiscal year. “

 

 

Story continues

 

 

 

 

 

 

 

 

 

 

 

 

One Map To Show Where USPS Will Cut 7,000 Jobs

 

 

USPS Closings

Click Pic For Interactive Map

 

 

” USPS has already shuttered about 141 facilities during the first phase of its “network rationalization” plan, which began in 2012. Those closures generate annual cost savings of $865 million and resulted in “negligible” service impacts, according to the Postal Service.

  The new round of consolidations was originally scheduled for February 2014 but was pushed back for undisclosed reasons. The closures are part of an ongoing effort to streamline postal operations. A Senate bill introduced before USPS initially decided on the delay  would place a two-year moratorium on processing plant closures. That bill cleared committee and is awaiting a vote on the floor.

  In the absence of the Congress reaching any agreement on comprehensive legislation, Postmaster General Patrick Donahoe opted to move forward with his consolidation plan unilaterally.

  USPS did not lay off any employees as a result of the initial consolidations, instead relying on employee relocations and attrition measures. The agency has promised to again follow that blueprint.”

 

Read more

 

 

 

 

 

 

 

 

 

 

Higher Fast-Food Wages: Higher Fast-Food Prices

 

 

 

 

 

 

” Union activists want to raise the minimum wage in the fast-food industry to $15 an hour. However, fast-food restaurants operate on very small profit margins; they could only afford such wages by raising prices—significantly. Higher prices would, in turn, drive customers away, forcing even larger price increases to cover costs. Ultimately, the average fast-food restaurant would have to raise prices by nearly two-fifths. This would cause sales to drop by more than one-third, and profits to fall by more than three-quarters. Absent the widespread adoption of labor-saving technology, the union-led “Fight for 15” would make fast food much more expensive for Americans.

Fight for 15

  The Service Employees International Union (SEIU) has launched an expensive PR campaign calling for wages of at least $15 an hour in the fast-food industry. This Fight for 15 is part of a larger SEIU pressure campaign to unionize fast-food restaurants.[1] Hundreds of union activists have staged “walkouts” and protests across the country demanding the higher pay rate. These protests have attracted considerable media attention. However, if the SEIU achieved its stated goal, it would hurt the budgets of millions of moderate-income Americans.

No, Fast-Food Joints Cannot Absorb Cost Increases

  Artificially inflating wages would substantially increase fast-food restaurants’ total costs—labor makes up a considerable portion of their budget. Chart 1 shows the financial statements of the average fast-food restaurant in 2013. Labor costs (26 percent) and food and material costs (31 percent) make up the majority of the typical restaurant budget.

The Bureau of Labor Statistics reports the average cook in a fast-food restaurant earned $9.04 an hour in 2013.[2] The SEIU’s push for $15 an hour would consequently raise fast-food wages by at least 66 percent. Paying $15 an hour would raise fast-food restaurants’ total costs by approximately 15 percent.[3] “

 

 

    As usual the costs of this proposed feel good legislation would be borne on the backs of those least able to afford it , the lower and middle income segments of society and not the well-to-do do-gooders pushing the measure .

 

 

” The higher labor costs would initially force fast-food restaurants to raise their prices by 15 percent, which would drive down sales by 14 percent. This would force restaurants to raise prices again, pushing sales down further. In equilibrium the average fast-food restaurant would have to raise prices 38 percent.[10] Prices would rise roughly twice as much as the initial increase in labor costs.[11] Total sales and hours worked would both fall by 36 percent. Fast-food restaurant owners would also have to accept a 77 percent reduction in profits in order to stay in business—leaving them with an average profit of just $6,100 a year per store. Otherwise they would have to raise prices to an extent that would drive away their customer base.

  These changes would hurt consumers. Americans would face higher fast-food prices, putting a dent into the budgets of everyone who frequently eats fast food—primarily moderate-income consumers, not the wealthy, who do not regularly eat fast food.”

 

 

James Sherk and Heritage show the impact of a $15 wage for the unskilled .

 

 

 

 

 

 

 

 

 

 

 

 

At $139 Million, Newly Listed Florida Home Is Most Expensive In U.S.

 

 

 

 

” Making a grand splash on the Multiple Listing Service this week is a Hillsboro Beach, Fla., mansion that, at $139 million, is the most expensive home publicly listed for sale in the United States.

  Currently under construction, the palatial estate known as Le Palais Royal draws inspiration from the Palace of Versailles with gold leafing, stone walkways, balconies and six fountains.”

 

 

 

 

 

 

” Entered through a vaulted foyer, the residence centers on a sweeping, $2-million staircase cased in steel-iron and gold leaf. Among the more opulent features are an Imax home theater, a 1,300-gallon aquarium and a subterranean garage with parking for 30 vehicles.

  The second-floor presidential suite comes complete with private outdoor terrace with a plunge pool while three additional master suites sport Jacuzzis with ocean views.  In all, the mansion touts 11 bedrooms and 17 bathrooms in 60,000 square feet of living space.”

 

 

 

 

 

 

” Set beneath a 12-foot cascading waterfall, an infinity edge pool features an LED-lit water slide, fire pit and swim-up bar. Above the waterfall is a Jacuzzi. Designed for year-round enjoyment, an entertainer’s courtyard includes a summer kitchen, a pizza oven, an outdoor lounge and an entrance to an indoor spa and massage rooms.

  For the mega-yacht owner, Le Palais Royal boasts a 492-foot dock capable of accommodating seafaring vessels up to 185 feet in length. Occupying four acres on Millionaires Mile, the estate also includes 465 feet of private beachfront and is slated for completion in 2015. “

 

 

 

   If sold for the asking price , this amazing private residence would surpass the recent purchase price of Copper Beech Farm in Connecticut but still come up short of this property on Further Lane in Amagansett , NY by six million dollars .

 

 

Read more at LA Times

 

 

 

 

 

 

 

 

 

 

Under Obama, Only The Richest 10 Percent Saw Incomes Rise

 

 

 

” Under President Obama, the richest 10 percent were the only income group of Americans to see their median incomes rise, according to a survey released this week by the Federal Reserve.

  The Fed data covered the years 2010-2013, during which period Mr. Obama constantly campaigned against income inequality and won re-election by painting his Republican rival as a tool of Wall Street plutocrats.

“ Data from the 2013 [Survey of Consumer Finances] confirm that the shares of income and wealth held by affluent families are at modern historically high levels,” the report said in noting that the median income fell for every 10-percent grouping except the most affluent 10 percent. 

“ The 2013 SCF reveals substantial disparities in the evolution of income and net worth since the previous time the survey was conducted, in 2010,” the report stated. The SCF is conducted by the Federal Reserve triennially and compiles information about family incomes, credit use, net worth and finances.”

 

Washington Times

 

 

 

 

 

 

 

 

 

During Obama’s Presidency, National Debt Has Grown by $61K Per Household

 

 

 

 

 

” You may have heard pundits time and time again dismiss America’s debt problem, touting that the deficit has fallen by 50 percent since 2009.

Yet that sidesteps the real issue: the massive amount of debt the country has taken on in the past six years has put the nation in a vulnerable position as entitlement spending is set to take off and big-spending policies continue to pile on debt. Indeed, the United States has added $7.06 trillion of debt since President Obama took office—far more than under any previous president. “

 

Read more and weep

 

 

 

 

 

 

 

 

 

 

McKitrick Paper: No Warming For 19 Years

 

image

 

 

 

” The Guardian in 2009 predicted five years of rapid warming:

  The world faces record-breaking temperatures as the sun’s activity increases, leading the planet to heat up significantly faster than scientists had predicted for the next five years, according to a study.

  The hottest year on record was 1998, and the relatively cool years since have led to some global warming sceptics claiming that temperatures have levelled off or started to decline. But new research firmly rejects that argument.

  The research, to be published in Geophysical Research Letters, was carried out by Judith Lean, of the US Naval Research Laboratory, and David Rind, of Nasa’s Goddard Institute for Space Studies.

  Fail. Five more years of no warming followed.

  Professsor Ross McKitrick says in a new paper that the warming pause has now lasted an astonishing 19 years at the surface and 16-26 years in the lower troposphere: “

 

Read on

 

 

 

 

 

 

 

 

 

 

Atlas Shrugged: The Movie

 

 

Atlas Shrugged Part 3

 

 

 

 

   We are all John Galt now … Here is a link to the official movie site and here is a link to theaters hosting the premiere 

 

 

 

 

 

 

 

 

 

Weather Channel Founder Explains The History Of The Global Warming Hoax

 

 

 

 

” John Coleman, an award-winning meteorologist and weatherman with sixty years of experience and founder of the Weather Channel, produced a video explaining the history of the man-made global warming hoax .

  Coleman, a former broadcast meteorologist of the year of the American Meteorological Society (AMS), explains that after being a member for several years, he quit the AMS after it became very clear to him that “the politics had gotten in the way of the science.” Coleman explains that there is no man-made global warming, and he’s sure of it. 

  Coleman says that if there were evidence of man-made global warming, he would have been dedicated his life to stopping it: 

“ I love our wonderful planet Earth. If I thought it was threatened by global warming, I would devote my life to stopping the warming!”

  Now they call it “climate change” instead of global warming, because the warming has stopped, says Coleman, and that $4.7 billion in taxpayer money is funding “bogus reports” and “bogus research.”  “

TPNN

What Are The Online Shopping Habits Of The People In Your State?

 

 

ebay1

 

 

 

 

” Kentuckians really, really love their medical supplies and equipment, while Iowans like their small appliances – at least according to a new infographic compiled by online shopping mecca eBay.

  According to Mashable, eBay analyzed 2013-2014 shopping habits to find the top 500 brands purchased by residents of each state. The online retailer then condensed the data to general categories like “furniture,” “robotic vacuums,” and “batteries” among others.”

 

Glenn Beck

 

 

 

 

 

 

 

 

 

 

 

 

Century of Enslavement: The History Of The Federal Reserve

 

 

 

Published on Jul 6, 2014

” TRANSCRIPT AND RESOURCES: http://www.corbettreport.com/federalr…

  What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters? In this feature-length documentary film, The Corbett Report explores these important question and pulls back the curtain on America’s central bank.”

IMF Chief Charged With ‘Negligence’ Over Graft Case

 

 

 

” IMF chief Christine Lagarde, one of the world’s most powerful women, announced Wednesday she had been charged with “negligence” over a multi-million-euro graft case relating to her time as French finance minister.

  The shock announcement came a day after she was grilled for more than 15 hours by a special court in Paris that probes ministerial misconduct, the fourth time she has been questioned in a case that has long weighed upon her position as managing director of the International Monetary Fund.”

 

Read more

 

 

 

 

 

 

 

 

 

Letting The Cat Out Of The Bag On The Role Of Public Employee Unions

 

 

Illustration by Michael Ramirez

 

” Noam Scheiber makes a good case for the importance of the Wisconsin governor’s race at the New Republic. But the most interesting thing comes in what Scheiber, perhaps inadvertently, admits. Referring to the limitations on public employee union bargaining imposed by Governor Scott Walker and the Republican legislature, Scheiber writes, “He’s effectively defunded a key Democratic constituency.” “

 

 

 

 

” Let’s unpack that. Where do public employee unions get their money? Directly from dues paid by public employees, who in turn get that money from taxpayers. Where does that money go? Politically, almost entirely to the Democratic Party, as Scheiber admits. Public employee unions, whatever else they do, are (in almost all cases) a mechanism for mandatory taxpayer financing of one political party. Scheiber’s complaint is that Wisconsin Republicans have cut the amount of such public financing.

  What’s the argument for that? I understand that those who want the Democratic Party to win every election may think that’s good public policy. But what’s the politically neutral argument for public financing of one political party and not the other? “

 

 

Michael Barone explains

 

 

 

 

 

 

 

 

 

Sarah Challenges Two Political Heavyweights

 

 

 

 

 

 

” I accept Wasilla Arctic Cat’s #icebucketchallenge to #strikeoutALS and will donate to the Pete Frates #3 Fund. Watch my video to see whom I challenge. Hat tip to actor Patrick Stewart for reminding everyone with his video that the donation is the most important part of the #icebucketchallenge, not the frivolous water-tossing theatrics that those of us who are more thoughtfully serious choose to forgo.

Find out more about #ALS and learn the story behind the #icebucketchallenge here: http://is.gd/EchG4H and here:http://petefrates.com/

Next up, it’s Todd’s turn!

- Sarah Palin “

 

 

 

 

 

 

 

 

 

 

 

The 5 Best States For Senior Citizens To Retire In

 

 

 

 

 

 

 

” Baby boomers may have provided the bulk of the productivity surge in this country during the past couple of decades, but now they’re retiring in unprecedented numbers. This is setting in motion a number of interesting scenarios.

  Some retirees are still recovering from the Great Recession swoon. Many are concerned about the Social Security funding gap, and some need their nest eggs to stretch further because people are living longer than ever these days.

  But for all retirees, choosing where to retire can be just as important as choosing when to retire.

 As we saw last weekend, more than a dozen U.S. states tax Social Security income either at the federal rate or at rates based on their own formulas. In addition, sales tax, property tax, and a bevy of other costs can vary throughout the country. Thus some states let senior citizens hang on to more of their hard-earned cash than others do.

  Thankfully, Bankrate has done the hard work for us. By using a number of factors that include tax burden, cost of living, access to healthcare, crime rate, and even weather, it has ranked the top states for senior citizens to retire in. According to Bankrate’s findings, here are the five best states for retirement, in ascending order: “

 

Read the rest

 

 

 

 

 

 

 

 

Soros, Steyer Spend Big In Bid To Rescue Democrats’ Majority

 

 

 

 

” Super PACs spent July beefing up for the fall campaign. Many groups filed new disclosure reports this week, leaving a paper trail littered with big checks from big names.

  Democrats dominate the list of notable July donors, as there have simply been more Democratic dollars flowing to that type of outside group this year. There’s still plenty of conservative money out there; it’s just that more of it is going toward nonprofits, which don’t have to disclose their donors. Here are a handful of July super PAC donations that stood out.

  STEYER: Climate-change activist Tom Steyer gave the biggest super PAC donation in this month’s reports: $7.5 million to his own group, NextGen Climate. Steyer, who made his fortune as a successful hedge-fund manager, also spread some of that money around. NextGen gave a half-million dollars to Senate Majority PAC, the biggest Senate Democratic super PAC, and $150,000 to the League of Conservation Voters Victory Fund, another environmental group.

  BLOOMBERG: Michael Bloomberg is staying plenty active in his post-mayoral days. Aside from funding his gun-control-focused super PAC, Bloomberg has written checks to Senate Majority PAC and super PACs that backed GOP Sens. Thad Cochran and Lindsey Graham during their primary battles. Most recently, the former New York City mayor donated $2 million to Women Vote!—the largest contribution the EMILY’s List super PAC has ever received. Only Steyer has given more money to super PACs this election season.

  SOROS: Democratic financier George Soros’s checkbook has been active this summer: The prolific donor gave $500,000 apiece to House Majority PAC and the League of Conservation Voters Victory Fund. But that million dollars wasn’t his family’s only big outlay so far this summer. Soros’s daughter, Andrea Soros Colombel, gave $250,000 to Planned Parenthood Votes.

  SINGER: Hedge-fund manager Paul Singer is the top super PAC donor on the Republican side so far this election cycle, and he kept the money flowing last month. The Elliott Management founder dished out $750,000 to the conservative super PAC Ending Spending Action Fund, which has spent a total of nearly $4.5 million in five different races in 2014. Singer also gave $100,000 to the GOP’s best-known spending juggernaut, American Crossroads. Singer has now contributed a total of $1.4 million to Ending Spending and $1.35 million to Crossroads this cycle.

  MOSTYN: Amber Mostyn is half of Texas’s biggest Democratic power couple. The Houston lawyer and her husband Steve were among Democrats’ biggest super PAC donors in 2012, when the The New York Times Magazine used the story of the Mostyns’ $1 million gift to Priorities USA Action to explain the role and rise of the pro-Obama super PAC. In July, Amber Mostyn gave $250,000 to the Planned Parenthood super PAC, matching the quarter-million she gave the committee in 2013.

  BERGMAN: After giving $1 million to American Crossroads in 2012, Jay Bergman, the owner of Illinois-based Petco Petroleum, remained relatively quiet on the outside-money front. But In July, he ponied up to Crossroads again, cutting a $500,000 check to the super PAC. Bergman gives mostly to Republicans. But he casts himself as an “independent,” and he’s contributed to Illinois Democratic Gov. Pat Quinn and his predecessor, Rod Blagojevich, in the past.

  SABAN: Billionaire Univision owner Haim Saban has already pledged his “full might” to Hillary Clinton if she runs for president in 2016, but he’s keeping busy in the meantime. Saban gave $250,000 to Senate Majority PAC in July.

  SCHMIDT: Another $250,000 donation came to Senate Majority PAC via Google Chairman Eric Schmidt. Unlike most of the donors on this list, Schmidt eschewed super PACs in 2012, but this is his second major contribution of 2014. Back in June, Schmidt gave $100,000 to the super PAC formed to support Democratic Sen. Mark Warner’s reelection in Virginia this year.

 ANGELOS: Other Democratic donors may have given more money than the $100,000 Senate Majority PAC got from the Law Offices of Peter Angelos. But few other donors have jobs as cool. When he’s not financing Democratic super PACs, Angelos can be found bankrolling free agent signings as the owner of the Baltimore Orioles.

  OTHER PACS: Some of the biggest donations made in July went from one PAC to another. In addition to the donations Steyer’s group made, Senate Majority PAC also contributed $350,000 to the League of Conservation Voters super PAC last month. And two of the biggest donations to House Majority PAC came from the Blue Dog PAC and the New Democrat Coalition PAC, two groups representing moderate or conservative House Democrats. They combined to give $350,000 to House Majority PAC.”

 

Party of the “little people” indeed …

 

Thanks to National Journal

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Army Quits Tests After Competing Rifle Outperforms M4A1 Carbine

 

 

 

 

” A competing rifle outperformed the Army’s favored M4A1 carbine in key firings during a competition last year before the service abruptly called off the tests and stuck with its gun, according to a new confidential report.

  The report also says the Army changed the ammunition midstream to a round “tailored” for the M4A1 rifle. It quoted competing companies as saying the switch was unfair because they did not have enough time to fire the new ammo and redesign their rifles before the tests began.

  Exactly how the eight challengers — and the M4 — performed in a shootout to replace the M4, a soldier’s most important personal defense, has been shrouded in secrecy.

  But an “official use only report” by the Center for Naval Analyses shows that one of the eight unidentified weapons outperformed the M4 on reliability and on the number of rounds fired before the most common type of failures, or stoppages, occurred, according to data obtained by The Washington Times. “

 

Read more

 

 

 

 

 

 

 

 

 

The 35.4 Percent: 109,631,000 On Welfare

 

 

 

 

 

” 109,631,000 Americans lived in households that received benefits from one or more federally funded “means-tested programs” — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau.

  The Census Bureau has not yet reported how many were on welfare in 2013 or the first two quarters of 2014.

  But the 109,631,000 living in households taking federal welfare benefits as of the end of 2012, according to the Census Bureau, equaled 35.4 percent of all 309,467,000 people living in the United States at that time.

  When those receiving benefits from non-means-tested federal programs — such as Social Security, Medicare, unemployment and veterans benefits — were added to those taking welfare benefits, it turned out that 153,323,000 people were getting federal benefits of some type at the end of 2012.

  Subtract the 3,297,000 who were receiving veterans’ benefits from the total, and that leaves 150,026,000 people receiving non-veterans’ benefits.

  The 153,323,000 total benefit-takers at the end of 2012, said the Census Bureau, equaled 49.5 percent of the population. The 150,026,000 taking benefits other than veterans’ benefits equaled about 48.5 percent of the population. “

 

CNS News has more

 

 

 

 

 

 

 

 

 

 

Reporter Blasts Clinton Royalty

 

 

 

 

” Nevada reporter Jon Ralston rips Hillary Clinton for demanding “royal treatment” in an upcoming visit to Las Vegas:

” The price of Hillary Clinton’s scheduled speech and UNLV fundraiser could be going up. Las Vegas Review Journal, which obtained Clinton’s contract with the UNLV Foundation, reports in addition to her speaking fee of $225,000, Clinton is demanding a private jet, a presidential suite and adjoining rooms for her entourage, and Clinton refuses to mingle with the common folk. She wants to approve any media types attending the event.

” And now, a word about royalty. We don’t have kings and queens in America, or at least we shouldn’t. But when I see the red carpet UNLV is rolling out for Hillary Clinton in two months I start to wonder. Unless you’re a mindless partisan, the details of that contract with the UNLV Foundation should disturb you. They were uncovered, as I said by the RJ’s Lara Myers, and published over the weekend. The contract reads as if Hillary is being given the, yes,  royal treatment. Now it is bad enough that the UNLV Foundation folks agreed to that outrageous $225,000 fee as students struggle to make ends meet.”

 

 

Weekly Standard

 

 

 

 

 

 

 

 

Follow

Get every new post delivered to your Inbox.

Join 6,217 other followers