The genius behind PayPal , Peter Thiel , speaks with Glenn Beck on the foolish monetary policy bankrupting America and the likelihood of a Clinton presidency being a one term affair .
The genius behind PayPal , Peter Thiel , speaks with Glenn Beck on the foolish monetary policy bankrupting America and the likelihood of a Clinton presidency being a one term affair .
Click The Pic For Interactive Map
” Although the Obama administration has yet to release the federal healthcare premiums for 2015, some private insurers have.
One of them in Minnesota has indicated that they will be showing increases of up to 60% for their ACA-compliant policies. Preferred One, the largest and lowest-cost provider of health insurance in the state, pulled out of the state’s MNsure exchange last month due to its being “unsustainable.” “
” Furthermore, a study was also just released that surveyed 2,600 businesses around the state, finding that 74% said prices of healthcare insurance increased after the law went into effect and that most of these increases were over 10%.”
” We have technology to potentially control Ebola and other viral outbreaks today. But the federal bureaucracy refuses to catch up with 21st-century science.
For example, diagnostic startup Nanobiosym has an iPhone-sized device that can accurately detect Ebola and other infectious diseases in less than an hour.
Two other companies, Synthetic Genomics and Novartis, have the capacity to create synthetic vaccine viruses for influenza and other infectious diseases in only four days. Both firms can also share data about outbreaks instantaneously and make real-time, geographically specific diagnosis and vaccine production possible.
These companies could start producing Ebola vaccine/treatments tomorrow — except that the Food and Drug Administration’s insistence on randomized studies and endless demands for more data means firms have to spend millions on paperwork instead of producing medicines.
And for every small company drained by such tactics, many others conclude it’s not even worth trying.
These advances aren’t available because the FDA is using 19th-century science to decide which medical technologies should be used in the 21st century. “
Read more at the NY Post
Click for interactive map
” Global economic freedom fell slightly in this year’s report, and it remains well below its peak level of 6.92 in 2007. The average score fell to 6.84 in 2012, the most recent year for which data is available. In this year’s index, Hong Kong retains the highest rating for economic freedom, 8.98 out of 10. The rest of this year’s top scores are Singapore, 8.54; New Zealand, 8.25; Switzerland, 8.19; Mauritius, 8.09; United Arab Emirates, 8.05; Canada, 8.00; Australia, 7.87; Jordan, 7.86; and, tied for 10th at 7.84, Chile and Finland.
The United States, once considered a bastion of economic freedom, now ranks 12th in the world, tied with the United Kingdom at 7.81. Due to a weakening rule of law, increasing regulation, and the ramifications of wars on terrorism and drugs, the United States has seen its economic freedom score plummet in recent years, compared to 2000 when it ranked second globally.
The rankings of other large economies in this year’s index are Japan (23rd), Germany (28th), South Korea (33rd), France (58th), Italy (79th), Mexico (91st), Russia (98th), Brazil (103rd), India (110th), and China (115th). “
” I often joke with my hairdresser Amanda about the number of state permits she requires for the privilege of cutting my hair. As I point out on page 49 of After America (personally autographed copies of which are exclusively available, etc):
In the Fifties, one in twenty members of the workforce needed government permission in order to do his job. Today, it’s one in three.
That’s tyrannous – which is bad enough, albeit not unique to America: The entire developed world has massively expanded the hyper-regulatory state. But only in America does the Department of Paperwork command lethal force:
On August 19, 2010, two inspectors from the Florida Department of Business and Professional Regulation (DBPR) visited the Strictly Skillz Barbershop in Orlando and found everything in order: All of the barbers working there were properly licensed, and all of the work stations complied with state regulations. Two days later, even though no violations had been discovered and even though the DBPR is authorized to conduct such inspections only once every two years, the inspectors called again, this time accompanied by “between eight and ten officers, including narcotics agents,” who “rushed into” the barbershop “like [a] SWAT team.” Some of them wore masks and bulletproof vests and had their guns drawn. Meanwhile, police cars blocked off the parking lot.
The officers ordered all the customers to leave, announcing that the shop was “closed down indefinitely.” They handcuffed the owner, Brian Berry, and two barbers who rented chairs from him, then proceeded to search the work stations and a storage room. They demanded the barbers’ driver’s licenses and checked for outstanding warrants. One of the inspectors, Amanda Fields, asked for the same paperwork she had seen two days earlier, going through the motions of verifying (again) that the barbers were not cutting hair without a license (a second-degree misdemeanor). Finding no regulatory violations or contraband, the officers released Berry and the others after about an hour. “
The cost of living gap is amplified by federal taxes being based on the same income levels regardless of cost of living. Someone who earns $40,000 a year in Jackson, Miss., is taxed at the same federal rate as someone earning $40,000 in San Francisco, Calif.”
” The world economy is going through a rough patch, yet the world’s billionaire population is at an all-time high.
A new survey shows that 155 new billionaires were minted this year, pushing the total population to a record 2,325 – a 7 percent increase from 2013.
Credit goes to the United States – home to the most billionaires globally – where 57 new billionaires were recorded this year, according to the Wealth-X and UBS Billionaire Census 2014 released on Wednesday.
Asia and Latin America and the Caribbean were also large contributors,with 52 and 42 new entrants, respectively.
” The fastest growing segment of the billionaire population, in terms of wealth source, are those who inherited only part of their fortunes and became billionaires through their own entrepreneurial endeavors,” the report said, noting that 63 percent of all billionaires’ primary companies are privately held.”
Does anyone find it peculiar that the biggest growth in the billionaire population is happening in three countries that are heavily State controlled ? That’s right … the US under Obama , China and Russia … WTF ?
” The Swiss people are speaking out against their central bank. They have demanded a referendum with backing their currency with 20 percent gold and demanding return of their gold stored in the United States. Likewise, the American people are seeking restraints on the Fed—our central bank.
The House overwhelmingly passed a bill to Audit the Fed and, if it ever becomes law, the people will demand reform of our monetary system that rewards a privileged few at the expense of the middle class and poor. This bill was passed in the House once before in 2012 while I was still a member. Fortunately the momentum continues, and thanks especially to Paul Broun of Georgia and Thomas Massie of Kentucky. It passed this time with an even greater margin—327 to 98—which was strongly bipartisan. “
Published on Sep 11, 2014
” The real reason Russia and Syria are being targeted right now
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” 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: “
” Another horrific stock market crash is coming, and the next bust will be “unlike any other” we have seen.
That’s the message from Jeremy Grantham, co-founder and chief investment strategist of GMO, a Boston-based firm with $117 billion in assets under management.
Grantham pulls no punches when assigning responsibility for the coming financial carnage. In a recent interview with The New York Times, he calls Federal Reserve Chair Janet Yellen “ignorant” and says the Federal Reserve all but killed the economic recovery.
Grimly, he adds, “We have never had this before. It’s going to be very painful for investors.”
Grantham isn’t the only one worried about a market collapse.
“ We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it.”
Billion-dollar investor Warren Buffett is rumored to be preparing for a crash as well. The “Warren Buffett Indicator,” also known as the “Total-Market-Cap to GDP Ratio,” is breaching sell-alert status and a collapse may happen at any moment. “
” You feel poorer because you are poorer.
In the last fourteen years, has your income increased over 50%? If you think it has, has it done so after taxes? Even if it has, you likely have not kept up in terms of inflation.
If you are a retiree, living on fixed income, a pension or bonds, you certainly have become poorer. If you had bought the Dow-Jones on 12/31/1999 you would have entered at about 11,500. It closed last week at less than 17,100. That would have been an appreciation of 6,600, better than 50%. But, of course, that was before taxes.
As a retiree, you have seen your purchasing power stolen by Fed policies. Whether you invested in fixed income or equities, you lost ground. Anyone in that position has seen their lives become poorer despite a lifetime of successful work and careful financial planning.”
As it stands now , no matter how hard you work and save , you’ll never get ahead , not with the present monetary policies put in place at the behest of the Fed and the government . The authorities are systematically destroying all that the American public has worked so hard to attain . The American dream is not being killed by China … It is a victim of filicide …
” For those still working, most are losing purchasing power each year. Wages are not keeping up with inflation, even the understated numbers reported by government. In short, the decline of a once-great economic power is well underway. The country is no longer growing enough to raise everyone’s standard of living.
Government has killed the golden goose and in an attempt to hide the obvious is debauching the dollars. Government tries to hide their own failure with phony statistics and a welfare state designed to placate the masses. Bread and circuses are deceptions not progress.”
” Redskin may be offensive to Harry Reid (and other stupid Leftists), however there are other names that are at least as offensive, if not more. Business Insider did a Top 10 list of racist marketing that is sure to get a few chuckles, and you can see them here. As for trademarks like the Redskins, here is a list of a few that are pending.
Let’s see how the government handles this racism:
Figgas over Niggas: This pending trademark seeks to cover a line of “Apparel for dancers, namely, tee shirts, sweatshirts, pants, leggings, shorts and jackets.” “Niggas,” of course, is a slang version of the word “nigger,” a term considered highly offensive towards black Americans.
Kraut Kap: Another recently-filed trademark, this one for a line of plastic lids. “Kraut” was made famous in World War II as a derogatory term for opposing German soldiers, as well as Germans in general.
Dago Swagg: A label created for a line of clothing. ”Dago” is a corruption of the common name Diego, and is used in English-speaking countries as an offensive term for those of Italian descent, and occasionally people from other Mediterranean countries as well.
Cracka Azz Skateboards: Unsurprisingly, this trademark was taken out for a line of skateboards and longboards, as well as associated clothing such as bandannas. While the USPTO helpfully notes that “The wording ‘cracka azz’ has no meaning in a foreign language,” “cracka” is a slang version of “cracker,” which in this context is a term of derision for whites, used primarily within the black community.”
Kevin Jackson Of The Blacksphere has more
” One of several firearms companies upset with restrictions imposed under New York state’s latest anti-gun law broke ground last week on a new factory in central Pennsylvania as part of an exodus of gun manufacturers from the state.
The Kahr Firearms Group held a ceremony in rural Pike Country to mark the beginning of a five-year relocation project on a 620-acre property located about 40 miles east of Scranton.
Kahr was among several firearms manufacturers that last year announced plans to pull out of New York state in the months following Democratic Gov. Andrew Cuomo’s signing into law restrictive anti-gun legislation known as the SAFE Act.”
More at the Free Beacon
” Virgin Galactic, the private space venture bankrolled by billionaire Sir Richard Branson, has signed an agreement with the Federal Aviation Administration (FAA) that spells out how the company will use U.S. airspace during its planned suborbital flights.
Virgin Galactic officials have said they hope to begin commercial flights aboard SpaceShipTwo out of New Mexico’s Spaceport America by the end of 2014.
The deal, which was announced Thursday (May 29), outlines how Virgin Galactic will work with the FAA’s air traffic control center Albuquerque and the New Mexico Spaceport Authority to safely provide clear airspace for SpaceShipTwo space plane.”
” As the chief product officer at LOVELAND Technologies—a company whose mission is to “gather and present public information about properties” in the interest of “foreclosure prevention, blight identification and reduction, the reuse of vacant space, and the preservation of community assets”—Alex Alsup wades through data on the troubled city of Detroit every day. Luckily for us, he’s been sharing what he sees on a fascinating Tumblr.
“ GooBing Detroit,” as the name hints, originally featured comparisons of local properties as they appeared on Google Street View (c. 2009) and Bing Streetside (c. 2012). Now Alsup can use Google’s Time Machine feature to collect his images, but the results are no less striking. In just a few short years, abandoned houses crumble to pieces, while fully demolished buildings give way to wild overgrowth and trash-strewn fields.”
” For most of the last decade, Candice Anderson has carried unspeakable guilt over the death of her boyfriend. He was killed in 2004 in a car accident here, and she was at the wheel. At one point, Ms. Anderson, who had a trace of Xanax in her blood, even faced a manslaughter charge. She was 21.
All these years, Ms. Anderson — now engaged and a mother — has been a devoted visitor to his grave. She tidies it every season, sweeping away leaves and setting down blue daisies with gold glitter for his birthday, miniature lit trees for Christmas, stones with etched sayings for the anniversary of their accident.
“ It’s torn me up,” Ms. Anderson said of the death of Gene Mikale Erickson. “I’ve always wondered, was it really my fault?”
Last week, she learned it was not.”
Read more of these 13 acknowledged victims of GM and the Fed’s conspiracy here and note these articles below that argue that the “official” death toll of 13 is just the beginning .
While this scandalous behavior on the part of GM began long before the government became the major shareholder , it demonstrates most succinctly that once the Feds became a partner of this private corporation and had a vested interest in the success and/or failure of that particular corporation that it abdicated it’s primary function as a watchdog of the public’s interests .
Globalist Confab Reveals This Year’s List Of Participants, Set To Attend In Copenhagen, Denmark, From May 29 – June 1, 2014
” Current list of Participants – Status 26 May 2014
FRA Castries, Henri de Chairman and CEO, AXA Group
DEU Achleitner, Paul M. Chairman of the Supervisory Board, Deutsche Bank AG
DEU Ackermann, Josef Former CEO, Deutsche Bank AG
GBR Agius, Marcus Non-Executive Chairman, PA Consulting Group
FIN Alahuhta, Matti Member of the Board, KONE; Chairman, Aalto University Foundation
GBR Alexander, Helen Chairman, UBM plc
USA Alexander, Keith B. Former Commander, U.S. Cyber Command; Former Director, National Security Agency
USA Altman, Roger C. Executive Chairman, Evercore
FIN Apunen, Matti Director, Finnish Business and Policy Forum EVA
DEU Asmussen, Jörg State Secretary of Labour and Social Affairs
HUN Bajnai, Gordon Former Prime Minister; Party Leader, Together 2014
GBR Balls, Edward M. Shadow Chancellor of the Exchequer
PRT Balsemão, Francisco Pinto Chairman, Impresa SGPS
FRA Baroin, François Member of Parliament (UMP); Mayor of Troyes
FRA Baverez, Nicolas Partner, Gibson, Dunn & Crutcher LLP
USA Berggruen, Nicolas Chairman, Berggruen Institute on Governance
ITA Bernabè, Franco Chairman, FB Group SRL
DNK Besenbacher, Flemming Chairman, The Carlsberg Group
NLD Beurden, Ben van CEO, Royal Dutch Shell plc
SWE Bildt, Carl Minister for Foreign Affairs
NOR Brandtzæg, Svein Richard President and CEO, Norsk Hydro ASA
INT Breedlove, Philip M. Supreme Allied Commander Europe
AUT Bronner, Oscar Publisher, Der STANDARD Verlagsgesellschaft m.b.H.
SWE Buskhe, Håkan President and CEO, Saab AB
TUR Çandar, Cengiz Senior Columnist, Al Monitor and Radikal
ESP Cebrián, Juan Luis Executive Chairman, Grupo PRISA
FRA Chalendar, Pierre-André de Chairman and CEO, Saint-Gobain
CAN Clark, W. Edmund Group President and CEO, TD Bank Group
INT Coeuré, Benoît Member of the Executive Board, European Central Bank
IRL Coveney, Simon Minister for Agriculture, Food and the Marine
GBR Cowper-Coles, Sherard Senior Adviser to the Group Chairman and Group CEO, HSBC Holdings plc
BEL Davignon, Etienne Minister of State
USA Donilon, Thomas E. Senior Partner, O’Melveny and Myers; Former U.S. National Security Advisor
DEU Döpfner, Mathias CEO, Axel Springer SE
GBR Dudley, Robert Group Chief Executive, BP plc
FIN Ehrnrooth, Henrik Chairman, Caverion Corporation, Otava and Pöyry PLC
ITA Elkann, John Chairman, Fiat S.p.A.
DEU Enders, Thomas CEO, Airbus Group
DNK Federspiel, Ulrik Executive Vice President, Haldor Topsøe A/S
USA Feldstein, Martin S. Professor of Economics, Harvard University; President Emeritus, NBER
CAN Ferguson, Brian President and CEO, Cenovus Energy Inc.
GBR Flint, Douglas J. Group Chairman, HSBC Holdings plc
ESP García-Margallo, José Manuel Minister of Foreign Affairs and Cooperation
USA Gfoeller, Michael Independent Consultant
TUR Göle, Nilüfer Professor of Sociology, École des Hautes Études en Sciences Sociales
USA Greenberg, Evan G. Chairman and CEO, ACE Group
GBR Greening, Justine Secretary of State for International Development
NLD Halberstadt, Victor Professor of Economics, Leiden University
USA Hockfield, Susan President Emerita, Massachusetts Institute of Technology
NOR Høegh, Leif O. Chairman, Höegh Autoliners AS
NOR Høegh, Westye Senior Advisor, Höegh Autoliners AS
USA Hoffman, Reid Co-Founder and Executive Chairman, LinkedIn
CHN Huang, Yiping Professor of Economics, National School of Development, Peking University
USA Jackson, Shirley Ann President, Rensselaer Polytechnic Institute
USA Jacobs, Kenneth M. Chairman and CEO, Lazard
USA Johnson, James A. Chairman, Johnson Capital Partners
USA Karp, Alex CEO, Palantir Technologies
USA Katz, Bruce J. Vice President and Co-Director, Metropolitan Policy Program, The Brookings Institution
CAN Kenney, Jason T. Minister of Employment and Social Development
GBR Kerr, John Deputy Chairman, Scottish Power
USA Kissinger, Henry A. Chairman, Kissinger Associates, Inc.
USA Kleinfeld, Klaus Chairman and CEO, Alcoa
TUR Koç, Mustafa Chairman, Koç Holding A.S.
DNK Kragh, Steffen President and CEO, Egmont
USA Kravis, Henry R. Co-Chairman and Co-CEO, Kohlberg Kravis Roberts & Co.
USA Kravis, Marie-Josée Senior Fellow and Vice Chair, Hudson Institute
CHE Kudelski, André Chairman and CEO, Kudelski Group
INT Lagarde, Christine Managing Director, International Monetary Fund
BEL Leysen, Thomas Chairman of the Board of Directors, KBC Group
USA Li, Cheng Director, John L.Thornton China Center,The Brookings Institution
SWE Lifvendahl, Tove Political Editor in Chief, Svenska Dagbladet
CHN Liu, He Minister, Office of the Central Leading Group on Financial and Economic Affairs
PRT Macedo, Paulo Minister of Health
FRA Macron, Emmanuel Deputy Secretary General of the Presidency
ITA Maggioni, Monica Editor-in-Chief, Rainews24, RAI TV
GBR Mandelson, Peter Chairman, Global Counsel LLP
USA McAfee, Andrew Principal Research Scientist, Massachusetts Institute of Technology
PRT Medeiros, Inês de Member of Parliament, Socialist Party
GBR Micklethwait, John Editor-in-Chief, The Economist
GRC Mitsotaki, Alexandra Chair, ActionAid Hellas
ITA Monti, Mario Senator-for-life; President, Bocconi University
USA Mundie, Craig J. Senior Advisor to the CEO, Microsoft Corporation
CAN Munroe-Blum, Heather Professor of Medicine and Principal (President) Emerita, McGill University
USA Murray, Charles A. W.H. Brady Scholar, American Enterprise Institute for Public Policy Research
NLD Netherlands, H.R.H. Princess Beatrix of the
ESP Nin Génova, Juan María Deputy Chairman and CEO, CaixaBank
FRA Nougayrède, Natalie Director and Executive Editor, Le Monde
DNK Olesen, Søren-Peter Professor; Member of the Board of Directors, The Carlsberg Foundation
FIN Ollila, Jorma Chairman, Royal Dutch Shell, plc; Chairman, Outokumpu Plc
TUR Oran, Umut Deputy Chairman, Republican People’s Party (CHP)
GBR Osborne, George Chancellor of the Exchequer
FRA Pellerin, Fleur State Secretary for Foreign Trade
USA Perle, Richard N. Resident Fellow, American Enterprise Institute
USA Petraeus, David H. Chairman, KKR Global Institute
CAN Poloz, Stephen S. Governor, Bank of Canada
INT Rasmussen, Anders Fogh Secretary General, NATO
DNK Rasmussen, Jørgen Huno Chairman of the Board of Trustees, The Lundbeck Foundation
INT Reding, Viviane Vice President and Commissioner for Justice, Fundamental Rights and Citizenship, European Commission
USA Reed, Kasim Mayor of Atlanta
CAN Reisman, Heather M. Chair and CEO, Indigo Books & Music Inc.
NOR Reiten, Eivind Chairman, Klaveness Marine Holding AS
DEU Röttgen, Norbert Chairman, Foreign Affairs Committee, German Bundestag
USA Rubin, Robert E. Co-Chair, Council on Foreign Relations; Former Secretary of the Treasury
USA Rumer, Eugene Senior Associate and Director, Russia and Eurasia Program, Carnegie Endowment for International Peace
NOR Rynning-Tønnesen, Christian President and CEO, Statkraft AS
NLD Samsom, Diederik M. Parliamentary Leader PvdA (Labour Party)
GBR Sawers, John Chief, Secret Intelligence Service
NLD Scheffer, Paul J. Author; Professor of European Studies, Tilburg University
NLD Schippers, Edith Minister of Health, Welfare and Sport
USA Schmidt, Eric E. Executive Chairman, Google Inc.
AUT Scholten, Rudolf CEO, Oesterreichische Kontrollbank AG
USA Shih, Clara CEO and Founder, Hearsay Social
FIN Siilasmaa, Risto K. Chairman of the Board of Directors and Interim CEO, Nokia Corporation
ESP Spain, H.M. the Queen of
USA Spence, A. Michael Professor of Economics, New York University
FIN Stadigh, Kari President and CEO, Sampo plc
USA Summers, Lawrence H. Charles W. Eliot University Professor, Harvard University
IRL Sutherland, Peter D. Chairman, Goldman Sachs International; UN Special Representative for Migration
SWE Svanberg, Carl-Henric Chairman, Volvo AB and BP plc
TUR Taftalı, A. Ümit Member of the Board, Suna and Inan Kiraç Foundation
USA Thiel, Peter A. President, Thiel Capital
DNK Topsøe, Henrik Chairman, Haldor Topsøe A/S
GRC Tsoukalis, Loukas President, Hellenic Foundation for European and Foreign Policy
NOR Ulltveit-Moe, Jens Founder and CEO, Umoe AS
INT Üzümcü, Ahmet Director-General, Organisation for the Prohibition of Chemical Weapons
CHE Vasella, Daniel L. Honorary Chairman, Novartis International
FIN Wahlroos, Björn Chairman, Sampo plc
SWE Wallenberg, Jacob Chairman, Investor AB
SWE Wallenberg, Marcus Chairman of the Board of Directors, Skandinaviska Enskilda Banken AB
USA Warsh, Kevin M. Distinguished Visiting Fellow and Lecturer, Stanford University
GBR Wolf, Martin H. Chief Economics Commentator, The Financial Times
USA Wolfensohn, James D. Chairman and CEO, Wolfensohn and Company
NLD Zalm, Gerrit Chairman of the Managing Board, ABN-AMRO Bank N.V.
GRC Zanias, George Chairman of the Board, National Bank of Greece
USA Zoellick, Robert B. Chairman, Board of International Advisors, The Goldman Sachs Group
GBR Great Britain
USA United States of America
Infowars analysis note: The official list ends above. What’s important to understand is that there are always members who will be attending, but who don’t want to be included in the list, due to laws such as18 U.S. Code § 953, otherwise known as the Logan Act, which makes it a felony offense – punishable under federal law with imprisonment of up to three years – for any member of federal or state government to meet with members of a foreign government without the express authority and authorization of the president or congress.
Yesterday, Bilderberg put out a press release detailing the official talking points to be addressed at this year’s meeting. From our research, this is not their primary agenda, but usually one put out to appease the media: “
” Remington’s decision to move two gun production lines from New York to Huntsville is drawing sharp criticism from northern lawmakers who said their state’s stringent gun laws are costing jobs.
The gun manufacturer announced Friday it would move production of its Bushmaster and R1 handgun lines to its new Alabama facility.
The Bushmaster, a semiautomatic weapon, is no longer allowed to be sold in New York unless it is modified.
Alabama’s pro-2nd Amendment political climate is without a doubt an attractor to the Remington company.
Everyone knows in Alabama – we like our guns.
It’s all well and good for our neighbors to the north to chide Alabamians and our lawmakers for what some characterize as a regressive, backwoods, homegrown approach to gun laws – but when it comes to losing jobs and growth to gun-toting southerners – that’s a different story altogether.
While it most certainly will take some hefty renovations for the sprawling old Chrysler facility near Huntsville International Airport to accommodate Remington Outdoor Company, the business and political climates are already perfectly primed to welcome a major firearms manufacturer to move business here. Some New York leaders and lawmakers are sore over Huntsville’s recent acquisition. The local business community’s reaction to the recent squabblings? ‘New York – why are you surprised?’ “
” In only a month, the little-known bitcoin alternative known as Darkcoin has rocketed nearly tenfold in value–from around 75 cents a coin to almost seven dollars. Its selling point: Darkcoin offers far greater anonymity than bitcoin, mixing up users’ transactions so that it’s incredibly difficult to trace a payment to a person. And though few have yet to accept that more-anonymous coin for actual goods and services, the promise of Darkcoin’s privacy features seems to have sparked a miniature boom. It’s one of the fastest growing among the wave of cryptocurrencies that’s followed bitcoin’s success, with the total value of its combined coins topping out at nearly $30 million.”
” Darkcoin, supporters argue, serves a real privacy need. Despite its reputation for being more anonymous than traditional money, the bitcoin network actually allows anyone to see every transaction on a public accounting ledger known as the blockchain. Users often have to take extra steps, like mixing their coins in a “laundry” service, to prevent those addresses from being tied to their identity by any government or corporation that wants to snoop.”
” Gun retailers say the Obama administration is trying to put them out of business with regulations and investigations that bypass Congress and choke off their lines of credit, freeze their assets and prohibit online sales.
Since 2011, regulators have increased scrutiny on banks’ customers. The Federal Deposit Insurance Corp. in 2011 urged banks to better manage the risks of their merchant customers who employ payment processors, such as PayPal, for credit card transactions. The FDIC listed gun retailers as “high risk” along with porn stores and drug paraphernalia shops.
Meanwhile, the Justice Department has launched Operation Choke Point, a credit card fraud probe focusing on banks and payment processors. The threat of enforcement has prompted some banks to cut ties with online gun retailers, even if those companies have valid licenses and good credit histories.
“ This administration has very clearly told the banking industry which customers they feel represent ‘reputational risk’ to do business with,” said Peter Weinstock, a lawyer at Hunton & Williams LLP. “So financial institutions are reacting to this extraordinary enforcement arsenal by being ultra-conservative in who they do business with: Any companies that engage in any margin of risk as defined by this administration are being dropped.” “