Category: Monetary Policy


Law Firm At Center Of Silver Scandal Donated Huge Sums To Dems

 

 

Weitz & Luxenberg Federal Donations 2011-2012 (influenceexplorer.com)

 

” The plaintiffs law firm Weitz and Luxenberg, which employed Assembly Speaker Sheldon Silver, is said to have provided Mr. Silver with $5.3 million in referral fees, despite his having “never performed any legal work whatsoever,” according to the prosecutors.

  If millions of cash for no work sounds like a generous arrangement, it’s not the first time the firm has shown its generosity. According to the Observer’s research, over the last two cycles, members of the law firm has given at least $600,000 to federal candidates, with over 99% of that going to Democrats. The top three recipients in 2013-2014 included Harry Reid ($44,400), Bruce Braley ($39,675) and Kay Hagan ($10,050); in 2011-2012, the top three were Barack Obama ($29,421), Heidi Heitkamp ($22,400) and Mazie Hirono ($22,400). The top ten recipients in both cycles were all Democrats.

  But even these amounts, capped by federal law, pale next to the dollars showered upon candidates for office in New York State. And although no wrongdoing has thus far been attributed to the law firm, it’s at least worth noting that two of the biggest recipients were both involved with the Moreland Commission, which was mysteriously and abruptly disbanded by the governor in March 2014 after less than a year on task of probing public corruption.”

 

New York Observer

 

 

 

 

 

 

 

 

 

 

 

To Collect Debts, Nursing Homes Are Seizing Control Over Patients

 

 

 

” Lillian Palermo tried to prepare for the worst possibilities of aging. An insurance executive with a Ph.D. in psychology and a love of ballroom dancing, she arranged for her power of attorney and health care proxy to go to her husband, Dino, eight years her junior, if she became incapacitated. And in her 80s, she did.

  Mr. Palermo, who was the lead singer in a Midtown nightclub in the 1960s when her elegant tango first caught his eye, now regularly rolls his wife’s wheelchair to the piano at the Catholic nursing home in Manhattan where she ended up in 2010 as dementia, falls and surgical complications took their toll. He sings her favorite songs, feeds her home-cooked Italian food, and pays a private aide to be there when he cannot.

  But one day last summer, after he disputed nursing home bills that had suddenly doubled Mrs. Palermo’s copays, and complained about inexperienced employees who dropped his wife on the floor, Mr. Palermo was shocked to find a six-page legal document waiting on her bed.

  It was a guardianship petition filed by the nursing home, Mary Manning Walsh, asking the court to give a stranger full legal power over Mrs. Palermo, now 90, and complete control of her money.

  Few people are aware that a nursing home can take such a step. Guardianship cases are difficult to gain access to and poorly tracked by New York State courts; cases are often closed from public view for confidentiality. But the Palermo case is no aberration. Interviews with veterans of the system and a review of guardianship court data conducted by researchers at Hunter College at the request of The New York Times show the practice has become routine, underscoring the growing power nursing homes wield over residents and families amid changes in the financing of long-term care.

  In a random, anonymized sample of 700 guardianship cases filed in Manhattan over a decade, Hunter College researchers found more than 12 percent were brought by nursing homes. Some of these may have been prompted by family feuds, suspected embezzlement or just the absence of relatives to help secure Medicaid coverage. But lawyers and others versed in the guardianship process agree that nursing homes primarily use such petitions as a means of bill collection — a purpose never intended by the Legislature when it enacted the guardianship statute in 1993.

  At least one judge has ruled that the tactic by nursing homes is an abuse of the law, but the petitions, even if they are ultimately unsuccessful, force families into costly legal ordeals.”

     Before you commit your loved one to a nursing home/elder care facility be sure to read this entire piece from the NY Times . This is a shameful abuse of the law , no different than “civil asset forfeiture” .

Panicked Super Rich Buying Boltholes With Private Airstrips To Escape If Poor Rise Up

 

 

 

 

” Super rich hedge fund managers are buying ‘secret boltholes’ where they can hideout in the event of civil uprising against growing inequality, it has been claimed.

  Nervous financiers from across the globe have begun purchasing landing strips, homes and land in areas such as New Zealand so they can flee should people rise up.

  With growing inequality and riots such as those in London in 2011 and in Ferguson and other parts of the USA last year, many financial leaders fear they could become targets for public fury.

  Robert Johnson, president of the Institute of New Economic Thinking, told people at the World Economic Forum in Davos that many hedge fund managers were already planning their escapes.

  He said: “I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway.” “

 

 

   We would guess that the likelihood of the “poor” rising up is less a motivation for the rich man’s prepping than is the possibility of the entire economic “house of cards” collapsing .

 

The Mirror

 

 

 

 

 

 

 

 

 

 

 

Box Office: ‘American Sniper’ Quickly Becoming No. 1 War Film Of All Time

 

 

 

” American Sniper has set its sights on another record: Within a matter of days, it will overtakeSteven Spielberg’s WWII classic Saving Private Ryan to become the top-grossing war-themed film of all time in North America, not accounting for inflation.

  Clint Eastwood’s history-making movie jumped the $200 million mark on Sunday, putting it ahead of Michael Bay’s Pearl Harbor, another WWII title, which topped out at $198.5 million domestically in 2001. American Sniper is distinct from those two film in being set during a modern-day conflict.

  Saving Private Ryan, released in 1998, earned $216.7 million domestically. Taking inflation into account, that would equal roughly $312 million in today’s terms. But a record is a record, and the history-making Sniper will cross $216 million sometime this week for Warner Bros. and Village Roadshow.

  Films addressing recent conflicts have had a decidedly mixed track record, but American Sniper is benefiting from a massive turnout in America’s heartland, as well as from its six Oscar nominations, including best picture and best actor for Bradley Cooper’s performance as the late Chris Kyle, a Navy SEAL who fought in the second Iraq war.

  In celebrating Sniper’s $200 million milestone, Warners domestic distribution chief Dan Fellmansaid that Eastwood “created a gripping drama with a rare insight into the toll of war that has resonated with audiences in almost every demographic.” “

 

Thanks to The Hollywood Reporter 

 

 

 

 

 

 

 

 

 

 

 

 

 

How Much Is Your State Paying For A Gallon Of Gas? This Cool Map Will Show You

 

Debt.com Gas Prices Over Time

 

 

 

” What is the average price of gas in your state? Researchers at Debt.com have put together a map to show you.

  Debt.com’s interactive map allows users to see their state’s average gas price-simply by hovering their cursor over the state. Clicking a state will show you its average price for the last 10 years:

  While the national average for a gallon of gas is about $2.18, some states fare better or worse than others.

  For example, drivers in Hawaii “consistently pay the most for gas.” They are currently paying an average of $3.31.

  In addition to Hawaii, drivers in Alaska, California and the New England region pay among the highest average gas prices in the nation.”

 

More at The Daily Signal

 

 

 

 

 

 

 

 

 

 

 

Silver’s Law Firm Rakes In Millions From Judges He Controls

 

 

 

 

His law firm, Weitz & Luxenberg, gets its asbestos cases — and paydays — moved more quickly than those of other attorneys, and reaps a fortune from favorable rulings by friendly judges, charge lawyers and tort-reform advocates.

  Silver’s East Village firm handles more than half the cases in a special section of Manhattan Supreme Court called NYCAL (New York City Asbestos Litigation). So dominant is the firm, the court’s Web site refers to cases as “Weitz” or “non-Weitz.

  The chief asbestos judge, Sherry Klein Heitler — also Manhattan’s chief civil judge — has handled dozens of Weitz & Luxenberg cases.

They’ve taken over a section of the courthouse, and the people in charge of the courthouse run it for them,” said a disgusted lawyer who files personal-injury cases in Manhattan. “It pours money into the firm.”

The firm told investigators it hired Silver, who has no experience in asbestos cases, in 2002, because it hoped to “increase the firm’s prestige and perceived power,” according to last week’s federal indictment charging Silver raked in about $4 million in bribes and kickbacks.

  That perceived power has paid off, critics say.

  Last year, at Weitz & Luxenberg’s request, Heitler reversed a 20-year rule barring punitive damages in asbestos cases, paving the way for much bigger jury awards and putting pressure on defendants to settle.

  Another judge, Joan Madden, consolidated unrelated asbestos cases. Joining up to seven plaintiffs has resulted in huge increases in NYCAL jury verdicts — from an average of $7 million to $24 million per plaintiff between 2010 and 2014, data collected by Bates White Economic Consulting show.

  Last year, Weitz & Luxenberg won a record $190 million in a consolidated trial for five mesothelioma victims who worked in different jobs for different employers.

  Of 15 mesothelioma verdicts in the last four years, Silver’s firm won $273.5 million of $313.5 million awarded by NYCAL juries. Law firms usually take a third.

  The average award for a NYCAL asbestos case — nearly $16 million per plaintiff between 2010 and 2014 — is two to three times larger than those in other courts nationwide, Bates White reported last month at an asbestos law conference in New York.”

 

NY Post

 

 

 

 

 

 

 

 

 

 

 

We’re Gonna Need A Longer Motorcade…

 

 

 

 

 

” The broker America gets, the longer its presidential motorcade gets. If you don’t got it, flaunt it, baby! But President-in-Waiting Hillary Rodham Clinton is already giving out signals that a mere 40-car motorcade may no longer be enough. This week she gave a speech in Saskatoon, which is a town in Saskatchewan, which is a province of Canada. The speech was for the Canadian Imperial Bank of Commerce, which is “under investigation from the United States for helping wealthy Americans offshore money in the bank’s Caribbean accounts to avoid paying federal taxes”. I’m on CIBC’s side on that one: By comparison with other western nations, Americans labor under a regime of ever tighter banking constraints that are a disgrace to a supposedly free people.

  So if she wants to cozy up to foreign banksters (as they say in Britain), you go, girl! Nevertheless:

  Secretary of State Hillary Clinton gave a couple paid speeches in Canada yesterday. She was reportedly accompanied by 65 agents of the United States Secret Service to at least one of the events.

  The agents were presumably on hand to help keep the former first lady safe…

  It’s unclear what part, if any, of the security tab was picked up by Clinton — and what part was paid for by U.S. taxpayers. “

 

Read it all 

 

 

 

 

 

 

 

 

 

 

 

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Center For American Progress, Poised To Wield Influence Over 2016, Reveals Its Top Donors

 

 

 

 

” The Center for American Progress, the preeminent liberal think tank in Washington, is poised to exert outsized influence over the 2016 president race and — should Hillary Clinton win it — the policies and agenda of the 45th President of the United States. CAP founder John Podesta is set to run Clinton’s presidential campaign, and current CAP president Neera Tanden is a longtime Clinton confidante and adviser. CAP recently rolled out a major blueprint for combat wage stagnation and inequality that many view as a template for a Clinton economic agenda, and there are surely more major policy statements to come.

  So interest in CAP’s funding sources — and its internal workings in general — is likely to intensify and take on a political cast.

  Today, CAP is revealing its major 2014 donors, after taking some criticism for lack of transparency. The organization provided me two lists of its donors, which you can read right here and right here. The first is for the C (3), the nonpartisan think tank arm; the second is for the more political, issue-advocacy-oriented c (4).

  Perhaps most notably, given CAP’s advocacy for an economically progressive agenda, is that CAP’s top donors include Walmart and Citigroup, each of which have given between $100,000 and $499,000. Other donors to CAP — a leading advocate of health care reform — include the Pharmaceutical Research and Manufacturers of America, which represents leading biotech and bio-pharma firms, and Blue Cross Blue Shield Association, both of which have given up to $49,000.”

 

 

Here is the list of “evil corporations” that are supporting CAP and by extension , Hillary Clinton …

 

 

” $1,000,000 or more

Anonymous (3)
Ford Foundation
The Hutchins Family Foundation
Sandler Foundation
TomKat Charitable Trust

 
$500,000 to $999,999

Anonymous (2)
Bill and Melinda Gates Foundation
Joyce Foundation
Not On Our Watch
Open Square Charitable Gift Fund
Embassy of United Arab Emirates
Walton Family Foundation
The William and Flora Hewlett Foundation

 
$100,000 to $499,999

Anonymous (10)
A.L. Mailman Family Foundation
Alfred P. Sloan Foundation
American Federation of State, County and Municipal Employees, or AFSCME
American Iron and Steel Institute
Annie E. Casey Foundation
Apple Inc.

The Arcus Foundation
Avatar Alliance Foundation
The Barkley Fund
Blackstone
Blue Moon Fund
Citigroup
The Crimson Lion Lavine Family Foundation
Quinn Delaney and Wayne Jordan
Deloitte Consulting
David desJardins
Blair Effron
Joanne and Paul Egerman
Embrey Family Foundation
Gill Foundation
Google
The Henry Luce Foundation
Irving Harris Foundation
Joan and Irwin Jacobs
Tony James
Embassy of Japan
John D. and Catherine T. MacArthur Foundation
The Kresge Foundation
Leona M. and Harry B. Helmsley Charitable Trust
Linden Trust for Conservation
Mars Incorporated
Microsoft Corporation
Constance J. Milstein
The Murphy Family Foundation
National Education Association, or NEA
New Venture Fund
New York Community Trust—BDEK Fund
The Nick and Leslie Hanauer Foundation
Open Society Foundations
Peter G. Peterson Foundation
Robert W. Roche
The Rockefeller Foundation
Sixteen Thirty Fund
Steve Silberstein
Jay T. Snyder
Stoneman Family Foundation
W.K. Kellogg Foundation
Walmart 

 

$50,000 to $99,999

Anonymous (3)
Altman Kazickas Foundation
American Federation of Teachers, AFL-CIO
Fomento Social Banamex
Bank of America
Blanchette Hooker Rockefeller Fund
CareFirst BlueCross BlueShield
Daimler
Mark Gallogly
Goldman Sachs
Sanjay Govil
Agnes Gund
Hagedorn Foundation
Hunt Alternatives
Israel Institute
Johnson Family Foundation
Fred Khosravi
Orin S. Kramer
LaSalle Adams Fund
McGraw Hill Financial
Rebecca and Nathan Milikowsky
National Institute for Health Care Management Foundation
National Collegiate Athletic Association
Nordic Council of Ministers
Palantir
PepsiCo
Steven Rattner and Maureen White
Rockefeller Family Fund
Robert E. Rubin
Taipei Economic and Cultural Representative Office in the United States, or TECRO
Time Warner Inc.
Henry van Ameringen
Visa Inc.
Waitt Foundation
WhyNot Initiative “

 

    Take note of the foreign donors as well as all the “evil corporate” money gathered by these hypocritical liberals .The list goes on as does the story at the Washington Post

 

 

 

 

 

 

 

 

 

 

 

Man Bulldozes Home: Wife’s Errands End With Home, Everything Inside In Rubble

 

 

 

 

 

 

” A man bulldozed his wife’s home down to the ground with everything inside it, and when he was asked why he didn’t let her know about it, he said that he tried to call her, but she didn’t answer her phone. The bizarre story coming out of New York certainly confirms one of the neighbor’s observations that while the husband is a “nice guy,” he is also a “loose cannon.” As reported by 4 New York on Jan. 21, when 48-year-old James Rhein’s wife came home to her house after running errands on Monday, she was extremely upset. “She was in the middle of the road screaming, ‘her house, what happened to her house?'”

  Apparently, James Rhein is not a man of words but of action. The house on Woodland Avenue in Middletown in New York, which legally belonged to his wife, had problems with the foundation and was crumbling from years of disrepair. On Monday, while his wife was running some errands, James had some time on his hand to take care of the problematic house.

  Since Monday was a federal holiday and all official offices to get a demolition permit were closed, Rhein took the matter into his own hands. He rented a bulldozer from a local construction company, got to work, and by the time his wife was done with her errands, the house was taken care of – as in bulldozed to the ground.”

 

Read more at The Examiner

 

 

 

 

 

 

 

 

 

 

 

Ted Cruz Wins SOTU Postgame With ‘More Cowbell! More Cowbell!’

 

 

 

 

” Megyn Kelly asked Sen. Ted Cruz if he thinks President Obama was setting the stage for the next presidential candidate.

“ Oh, I think he was trying to and he hopes that the next candidate engages in the same far-left policies. This is a man of the left,” Cruz said.

“ You know, it reminds me of the classic Saturday Night Live skit with Christopher Walken, where there’s a band playing and his solution to every problem is ‘More cowbell! More cowbell!’” Cruz said. “For President Obama ‘More cowbell’ is ‘More taxes! More government!More taxes! More government!’” “

 

 

 

 

 

 

” Kelly laughed and said, “The audience knows!” She said the focus group in the studio “is familiar with the skit.” The camera cut to the laughing audience.

“ It’s the same failed policies that don’t work and we ought to come together. Economic growth is a bipartisan objective and I think Congress needs to lead,” Cruz continued.”

 

PJ Tatler

 

 

 

 

 

 

 

 

 

 

 

 

1,700 Private Jets Descend On Davos For World Economic Forum

 

 

 

 

” Billionaires, world leaders and pop stars are clogging up the skies with their private jets as they descend on the annual World Economic Forum in Davos, Switzerland to liaise over issues such as terrorism, the central banks and growing economic inequality.

  Over the course of this week, approximately 1,700 private jets are expected to fly into the region, resulting airport traffic increasing by 10% which means that landing spots are in short supply.

  The Swiss Armed Forces have even opened up one of their military air bases for the first time to try and accommodate the increase in traffic. For private jet companies like PrivateFly, Netkets and VistaJet, this is by far their busiest time of year. “

 

Read more

 

 

 

 

 

 

 

 

 

 

 

Of More Than 3,000 U.S. Counties, Just 65 Have Recovered From Recession, NACo Says

 

 

NACo 4 indicators

 

 

” Seven years after the recession began, only one in 50 U.S. counties has fully bounced back, according to a study the National Association of Counties released Monday.

  The 2014 County Economic Tracker shows that 65 of the nation’s 3,069 counties have met or surpassed prerecession levels in four measured categories: jobs, unemployment rate, economic output and home prices.

  Those places range from Anderson County, S.C., to McKenzie County, N.D., to Kodiak Island, Alaska.

  National employment surpassed 2007 levels during 2014 and the U.S. gross domestic product had fully recovered from the recession by 2011. But the national unemployment rate was 5.6% in December compared with 5% when the recession began seven years earlier. And housing values in much of the country have yet to fully return.

  The recovered counties are largely located in energy-rich areas and have small populations. Of the 65 recovered counties, 24 are in Texas and 16 are in North Dakota. The others are generally in the middle of the country, including nine in Minnesota and eight in Kansas.

  None of the recovered counties has more than 500,000 residents.”

 

     This article , more than any other demonstrates that the nearly $3 Trillion in government stimulus spending was nothing more than wasteful cronyism handed out to favored unions , interest groups and corporations . Little or none trickled down to benefit the taxpayers actually footing the bill .

Wall Street Journal

 

 

 

 

 

 

 

 

 

 

 

States With The Most People On Food Stamps

 

 

 

 

 

” With grocery bills priced as high as $1,300 per month as of late, some American workers simply cannot afford all of their groceries on top of everything else they already have to buy. This is why the government offers food stamps.

  The USDA Food and Nutrition Service reports that as of September 2014, there were around 46.5 million individual food stamp recipients (22.7 million households) receiving an average benefit of $123.74 each (around $257 per household).

  To be eligible, a household has to earn a gross income amount that’s less than 130% of the poverty level, or a net income amount (gross income minus deductions) that’s less than 100% of the poverty level for their family size.

  This means, a single person can be eligible for food stamps if his or her gross monthly income is under $1,265 ($15,180 per year), and a family of four can be eligible if they gross less than $2,584 per month ($31,008 per year). The applicant also can’t be a wealthy person who simply doesn’t have a steady income source. So, if the applicant has thousands of dollars sitting in the bank, for instance, they won’t apply as cash assets are considered as well.”

 

 

And the “winner” is … our nation’s capital …

 

 

” 1. District of Columbia

• Number of food stamp recipients: 144,768

• Percentage of the state’s population on food stamps: 21.97%

• Total cost of just these benefits alone (That is, how much do just the money on those EBT cards cost the state?): Around $18 million

• Estimated cost of benefits alone per capita in this state: $27.19 per person “

 

 

   Our nation’s capital is a true study in contrasts , the highest percentage of food stamp recipients along with the richest suburbs in the nation .

 

 

 

 

For those unfamiliar with the surrounding counties of DC , here is a map …

 

 

 

 

 

Read more at USA Today

 

 

 

 

 

 

 

 

 

 

 

‘American Sniper’ Makes Eastwood’s Friday With $30.5M, Can It Hit $80M By Monday?

 

American Sniper Box Office

 

 

” Warner Bros. is reporting Friday at $30.5M for American Sniper - not only a January opening day record, but more than any Clint Eastwood film has ever made in a weekend. With a new batch of projections released this AM, studio B.O. analysts are seeing Warner Bros.’ American Sniper clearing $80M by Monday. Warner Bros. preferred not to comment on the lofty figures, which makes sense because it’s better to get another day under your belt as the weekend progresses and projections become more exact. All over town, executives are gobsmacked by the opening traction for this movie, the highest ever in Eastwood’s career, easily beating the wide 2009 expansion of his fierce drama Gran Torino which posted a FSS of $29.5M and a final domestic B.O. of $148.1M. 

  A combination of standard factors can be attributed to American Sniper‘s success: its A+ Cinemascore, six Oscar noms (including best picture, actor for Bradley Cooper), Eastwood’s pedigree, Cooper’s star power and sublime performance, not to mention Warner Bros.’ generating advance word of mouth with military screenings and veteran outreach.  The studio took great care in crafting TV spots that were emotionally relate-able and could break through at this time of year when there’s an onslaught of critically acclaimed titles vying for attention. Above all, many feel that the key reason why American Sniper is clicking with crowds of all ages and pulling infrequent moviegoers out the house, is because the true story a family-man war veteran truly connects with our culture at this point in time; especially with the everyday global horrors of war so close to home. “It felt like we opened against a Marvel movie,” remarked one studio executive about American Sniper‘s presence in the market, “the people portrayed in American Sniper — these are real life heroes to people in the same way that Marvel characters are heroes to fanboys.  But it’s the Marvel concept for adults.” “

 

Deadline has the details

 

 

 

 

 

 

 

 

 

 

 

Despite Decline In CPI, Food Index Increases In December

 

 

 

 

 

 

” Despite a decline in the overall Consumer Price Index (CPI) in December, the food index increased and the price index for meats, poultry, fish and eggs hit a record high, according to data released today from the Bureau of Labor Statistics (BLS).

  According to the BLS, “The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.4 percent in December on a seasonally adjusted basis. Over the last 12 months, the all items index increased 0.8 percent before seasonal adjustment.”

“ The gasoline index continued to fall sharply, declining 9.4 percent and leading to the decrease in the seasonally adjusted all items index,” said the BLS.

“ The fuel oil index also fell sharply, and the energy index posted its largest one-month decline since December 2008, although the indexes for natural gas and for electricity both increased,” said the BLS.

“ The food index, in contrast, rose 0.3 percent, its largest increase since September.” “

 

 

    Perhaps this has something to do with the record high food prices , after all Obama did promise that “electric prices would necessarily skyrocket” …

 

 

 

 

 

 

 

This is one promise candidate Obama has kept: Price of Electricity Hit Record High in U.S. in 2014

 

 

Electricity Price Index Hit All-Time High in 2014

 

 

 

 

CNS News has the details

 

 

 

 

 

 

 

 

 

 

Senator’s Husband Stands To Profit Big From Government Deal

 

 

 

 

 

” Ever wonder how lowly paid lawmakers leave office filthy rich?

  Sen. Dianne Feinstein is showing how it’s done.

  The US Postal Service plans to sell 56 buildings — so it can lease space more expensively — and the real estate company of the California senator’s husband, Richard Blum, is set to pocket about $1 billion in commissions.

  Blum’s company, CBRE, was selected in March 2011 as the sole real estate agent on sales expected to fetch $19 billion. Most voters didn’t notice that Blum is a member of CBRE’s board and served as chairman from 2001 to 2014.

  This feat of federal spousal support was ignored by the media after Feinstein’s office said the senator, whose wealth is pegged at $70 million, had nothing to do with the USPS decisions.

  When the national debt is $18 trillion, a billion seems like small change.”

 

Thanks to the NY Post

 

 

 

 

 

 

 

 

 

 

Firearms Sellers Say They’re Being Choked Off From Payment Processors

 

 

TransNational Bank

 

 

” Go to a gun show, and you won’t find many merchants using PayPal.

  You’ll also find few vendors using popular payment processors such as Square, Stripe and Spark Pay.

  That’s because some payment processors explicitly prohibit the use of their systems for online — and some in-store — sales of firearms, ammunition and certain accessories.

  Retailers in the gun industry say they’re being discriminated against.

“ Being shut out from mainstream payment processors makes us feel like we are part of some type of shady business when, in fact, there is more regulation and documentation required for federally licensed firearms dealers than most businesses,” said Trevor Blandford of Terminal Performance Associates in Caroline, Va.

  Blandford, 21, has been working gun shows for his family’s business since he was 14 years old. Recently, his parents named him general manager of Terminal Performance, which is known for its custom-built pistols and rifles and originally finished wraps. He and his family sell their merchandise online and at local trade shows.”

 

     As the State continues to pursue it’s gun control agenda in the most deceitful and underhanded ways , it is refreshing to know that at least one financial institution is not allowing this blatantly unconstitutional move by our “employees” in the Federal government to shut down legal businesses …

 

” With few options, Terminal Performance then turned to Transnational, a payment processor located in Rosemont, Ill., that is not shy in boasting its support for the Second Amendment.

  Although it processes payments for a range of industries, Transnational has capitalized on the trend of payment processors choking firearms merchants from their customer lists.

“ Our decision to provide services within the firearms industry mostly is predicated by the fact that we believe through the obtaining of an [federal firearms license] it’s one of the more heavily regulated processes that has good governance and good oversight,” Jae Haas, President of Transnational told The Daily Signal in a phone interview.

  Having been in the payment processing business for 16 years, Haas said he’s observed a growing trend of banks and payment processors adding firearms dealers to their “prohibited” or “high-risk” lists.”

 

 

Lovers of liberty would do well to try and give Transnational as much of their business as possible .

 

 

Read more at The Daily Signal

 

 

 

 

 

 

 

 

 

 

 

Mother And Daughter Weigh A Total Of 43 Stone And Get £34k A Year Handouts, But Refuse To Diet

 

 

 

 

 

” A mother and daughter who get £34,000 a year in handouts because they are too fat to work say they’d rather be happy and on benefits than depressed and thin

  Janice and Amber Manzur weigh a total of 43 stone and are so overweight they have to use mobility scooters as their weight means to get around.

  But both women refuse to diet and mother-of-two Ms Manzur, 44, insists: “I’d rather my daughter live life on benefits being fat and happy than depressed and thin.”

  Ms Manzur lives in a three-bedroom house that has been customised by the council to accommodate her disability and drives a Fiat Quibo disability car worth around £15,000.

  Ms Manzur said: “There’s no point in dieting, it doesn’t make a difference.”

 

 

    This is the inevitable result of the culture of dependence fostered by the Leviathan State … and for those who inhabit the world of the pound , a stone is equivalent to 14 pounds or 6.35 kilograms … do the math and you get 602 lbs between the two layabouts .

Read more at The Telegraph

 

 

 

 

 

 

 

 

 

 

 

‘Charlie Hebdo’ Post-Attack Issue Sells Out, eBay Bids Top $1,100

 

 

 

 

 

” What is being billed as “the survivors’ issue” of Charlie Hebdo will increase its record print run from 3 million to 5 million, distributor MLP said on Wednesday. Amid huge demand, copies of the issue also appeared on eBay in markets outside of France, with one auction on the U.K. version of the site reaching a price of more than $1,100.

  Across France there were lines as newsstands opened at 6 a.m. to get one of the historic issues, which depicts the Prophet Muhammad in cartoon form against a green background under the words “All Is Forgiven” and holding one of the now-ubiquitous “Je Suis Charlie” (“I Am Charlie”) signs on its cover.

  It had previously announced a 3 million print run.

  By 10 a.m., the issue was sold out across France, and the paper announced that an additional 2 million copies would be printed and delivered throughout the week, with an additional 1 million to be delivered to newsstands later in the day on Wednesday and an additional 500,000 each Thursday and Friday.

  The issue was designed to be on sale for eight weeks — though it’s expected not to last that long. The historic demand for the tiny satirical weekly follows the terrorist attack on its offices that killed 10 staff members and two police officers one week ago. The record 5 million print run is a huge jump from its typical weekly circulation of 60,000.”

 

The Hollywood Reporter

 

 

 

 

 

 

 

 

 

 

6 Reasons The Math On Obama’s College Plan Doesn’t Add Up

 

Obama Community College

 

” There are at least six reasons that community college won’t be free anytime soon, no matter what President Barack Obama says.

  Obama, who traveled Friday to Pellissippi State Community College in Knoxville, Tenn., to tout the America’s College Promise plan, said he wanted to make higher education as accessible as a high school diploma for all Americans.

  But the plan has flaws that all but ensure it won’t be implemented and will serve only as a political proposal to make supporters happy.”

 

Read more

 

 

 

 

 

 

 

 

 

A Gearhead In L.A. Is About To Change Everything

 

 

 

 

 

 

“ Paradigm shifts are underway,” says entrepreneur Grant Delgatty. When he noticed that millennials were tuning in to social and environmental issues, it triggered his breakthrough invention: the URB-E e-vehicle.

  Grant wagered on the power of a new generation prioritizing sustainability. With this in mind, he saw the infinite growth potential of clean energy transportation. “It’s about social impact. Every decision we make needs to be the right decision to protect our environment for tomorrow,” says Delgatty. What resulted from this market research was simple: a super-compact electric scooter.

  This invention solves the global problem of getting that last mile from your car’s parking space to your destination. “The URB-E fits between your legs and has the same footprint as your body,” he explains. It’s the first foldable e-vehicle—with the comforts of a bicycle—that goes up to 20 miles on one charge. That’s why it’s no surprise that URB-E won the 2014 CES Verge Award.”

 

 

Popular Mechanics

 

 

 

 

 

 

 

 

 

 

 

Obama To Propose Two Free Years Of Community College For Students 

 

 

 

 

 

” President Barack Obama will need the approval of Congress to realize his proposal for making two years of community college free for students.

   So far, that plan doesn’t have an official price tag — other than “significant,” according to White House officials. If all 50 states participate, the proposal could benefit 9 million students each year and save students an average of $3,800 in tuition, the White House said.

  But administration officials insisted on a call with reporters Thursday evening that “this is a proposal with bipartisan appeal.”

  Case in point: Republican Gov. Bill Haslam, whose brainchild Tennessee Promise program strongly influenced Obama’s proposal. Beginning this year, any high school graduate in that state is eligible for two years of free community college tuition under the Tennessee Promise.”

 

 

    Regardless of the “bipartisan appeal” how the f**k is a government that is 18 trillion dollars in the hole supposed to pay for yet another feel-good , vote buying entitlement ? Simple mathematics puts a real figure ($34.2 Billion annually) to the White House’s estimate of a “significant” cost and as always with State spending we can be sure the estimate is a very lowball one . WTF ?

    And putting aside the cost , where in the Constitution is the “right” to a free education ?

   With that in mind , let us not forget what the Obama administration has already “accomplished” in the field of education:

 

 

Student Loan Debt

 

What could possibly go wrong ?

 

 

Read on at Politico

 

 

 

 

 

 

 

 

 

 

A Day Without A National Debt

 

 

 

 

 

” On this day in economic and financial history…

  A nation without a debt seems inconceivable today. The United States currently has more than $16 trillion in public debt, and no sensible proposals exist to bring this massive sum down to a more reasonable level. But there was a day when the U.S. proclaimed itself a debt-free nation: Jan. 8, 1835.

  The brand-new United States emerged from the Revolution with some $75 million in war debts, and this sum grew to $127 million after the War of 1812. After these wars, the young nation embarked on a 20-year period of positive cash flow and debt reduction, which picked up steam after the election of President Andrew Jackson in 1828.”

 

Read more about this historic day …

 

 

Further reading:

 

History Of Debt In The United States – Debt.org

178 Years Ago Today We Had A National Debt Of $0

Andrew Jackson – Wikipedia

Bureau Of The Public Debt: Our History

 

 

    Since that historic day in 1835 , the US government has spent an average of $100 million that it did not have , each and every year .

 

 

 

 

 

 

 

 

ObamaCare: Young Adults, Unsubsidized Shun Exchanges

 

 

 

 

 

” One number stands out from ObamaCare’s second enrollment season: Among those signing up for coverage via Healthcare.gov, 87% have qualified for subsidies.

  That’s even higher than the 85% subsidized share of the 8 million people who signed up for ObamaCare exchange plans during the first enrollment season that wrapped up last April.

  The data are early and lack key details, but suggest that the unsubsidized may be shunning the exchanges.

  That’s a surprise: The Congressional Budget Office had projected that 1 in 3 of this year’s new enrollees will earn too much to qualify for premium subsidies.

  Another red flag is the lagging participation among young adults: Just 24% of the 3.4 million new and renewing sign-ups via Healthcare.gov through Dec. 15 are in the 18-to-34 age group. That’s down from 28% among the first 8 million to sign up for coverage for 2014, and far below the 40% that is consistent with the young-adult share of the potential exchange population.”

 

Investor’s Business Daily

 

 

 

 

 

 

 

 

 

 

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