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Selected News For The Week Aug 27 – Sep 2

This thread is for the busy bees of S&L to post news articles.

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This article was posted by Steve on Friday, August 26th, 2011. Comments are currently closed.

20 Responses to “Selected News For The Week Aug 27 – Sep 2”

  1. BillK says:

    It’s best to just be a victim.

    From the Colorado Springs Gazette:

    Burglar’s family awarded $300,000 in wrongful death suit

    By Lance Benzel

    An El Paso County jury on Friday awarded nearly $300,000 to the daughter of a burglar who was fatally shot in 2009 while breaking into an auto lot.

    Parents of the victim, Robert Johnson Fox, embraced their attorneys after a judge announced the jury’s verdict, capping a two-week-long civil trial in which business owner Jovan Milanovic and two relatives were painted as vigilantes who plotted a deadly ambush rather than let authorities deal with a string of recent burglaries.

    Phillip and Sue Fox, who filed suit for wrongful death in 2010 on behalf of Fox’s 3-year-old daughter, called the jury’s award a victory in their fight to seek accountability for the death of their son, who they say never posed a threat to the heavily armed men.

    “Rob was in the wrong place doing the wrong thing, but the punishment didn’t fit the crime,” Sue Fox said afterward. “I can’t excuse his actions, but he didn’t deserve to be executed.”

    The exact amount of the award was $269,500, for factors such as loss of companionship and loss of future earnings. The family will also be awarded some of the costs associated with the more than yearlong legal battle.

    The jury of three men and three women deliberated for 2½ days over closely contested testimony about the predawn shooting on April 19, 2009.

    Fox, 20, was shot after he and a friend scaled a fence to get inside Southwest Auto Sales at 2444 Platte Place in the city’s Knob Hill neighborhood. According to the accomplice, Brian Corbin, they had smoked methamphetamine and were looking to steal anything to buy more drugs.


    Just very, very sad.

    Ask anyone who’s been stabbed or threatened with a knife how little “threat” was posed to them.

  2. Petronius says:

    Ron Paul, the sage of Lake Jackson, Texas :

    While Nerobama is fannying about on Martha’s Vineyard and calling Warren Buffett for economic advice, should he be consulting Congressman Ron Paul instead?

    Barron’s dissected Ron Paul’s financial disclosure statements to arrive at its point of view. But you be the judge.

    In the meantime, we eagerly await Barron’s analyses of the finances of Nerobama, Mitt Romney, Newt Gingrich, Rick Perry, and other presidential candidates. (Barron’s, by the way, is owned by The News Corp., which also owns Fox and The Wall Street Journal.)


    Candidate of Doom and Gloom

    by Jim McTague, 20 Aug 2011

    Note to voters: Congressman and presidential candidate Ron Paul’s multi-million investment portfolio is a big bet against the U.S. economy.

    Say this for him: Ron Paul puts his money where his mouth is. Over the past 16 years, the dollar-doom-and-gloom prophet has invested heavily in gold-mining stocks. It’s his hedge against what the Texas Republican congressman and perennial presidential candidate calls “The Great Inflation,” which he has long preached is inevitable, given the profligacy of the federal government and the easy monetary policies of the Federal Reserve. Fortunately for Ron Paul and his army of gold-bug disciples, the “stopped-clock” investment strategy finally seems to be paying off. Gold and gold futures prices have been hitting record highs.

    * * *

    In his most recent financial disclosure, which covers the year 2010, Paul had $1.6 million to $3.5 million in gold-mining stocks. He also has a stake in three bear-market funds….

    In all, Ron Paul’s portfolio amounts to a super bearish bet against the U.S. economy. If the country had defaulted on its debt earlier this month, he likely would have made a bundle. The congressman voted against House Speaker John Boehner’s plan to lift the nation’s $14.3 trillion spending cap.

    * * *

    Paul’s investment strategy is a financial planner’s nightmare. Most pros say that gold-mining stocks should be a small part of a diverse portfolio….

    Pot of Gold: Ron Paul’s Top Ten Holdings

    Goldcorp (GG) …
    Barrick Gold (ABX) …
    Newmont Mining (NEM) …
    Agnico Eagle Mines (AEM) …
    AngloGold Ashanti (AU) …
    IAM Gold (IAG) …
    Mag Silver (MVG) …
    Pan American Silver (PAAS) …
    Silver Wheaton (SLW) …
    Virginia Mines (VGMNF) ….


    Among other things, Barron’s accuses Ron Paul, either directly or by insinuation, of (1) being anti-American in his “doom and gloom” view of where the American economy is heading, (2) voting against boosting the debt ceiling for selfish reasons of personal profit, and (3) having a stupid, non-diversified investment portfolio.

    However, as shown by the 40-odd comments below the article, the effect of this hit-piece on most readers has been precisely the opposite of what Barron’s apparently intended. For it proves exactly how right Ron Paul’s economic outlook has been.

    1. Anyone who remembers the Carter years, and who foresaw the rise to power of this latest souped-up version of tax-and-spend Democrats in the 2006 and 2008 elections, could appreciate what damage this Liberal-Marxist political ascendancy might do to the American economy and to the US dollar. And they might also have easily foreseen how the markets would react to such damage. Armed with these insights, they would have been prudent to have moved into gold and silver. Or would it have been more patriotic to bet on the US dollar and the US economy, and seen their savings wiped out like most Americans? Would Americans prefer to be governed by the “unelectable” and “fringe” candidate Ron Paul, who understands how flawed government policies are wrecking our economy and our currency, or by a slick, teleprompter-reading Marxist?

    2. When Ron Paul voted against raising the debt ceiling, he voted as a patriot against his own pecuniary self-interest, since the resulting increased debt load (which he sought to prevent by his vote) was in fact a blow to the US dollar and to the country’s credit, and a boon to gold. If instead Congress had acted to reduce the debt, and to end its reckless spending and money printing, it would have restored confidence in the US dollar. Such conditions would have diminished the attraction of gold and gold-related investments. In fact, over the decades of his service in Congress, Ron Paul has been the leading advocate for small government, sound money, and fiscal restraint — policies which, had they been followed by the Ruling Class, would have been detrimental to his own personal investment interests. Paul’s actions have in fact been wholly selfless and patriotic.

    3. Finally, it should be noted that Barron’s uses one-year and three-year yardsticks to measure the success of Ron Paul’s portfolio. On both of these bases, the performance has been impressive indeed. But when examined over the past 10 years, we find that the top eight stocks listed in Ron Paul’s portfolio (his last two stocks are new companies that do not have 10-year track records) have returned 600%. Over the same 10-year period, while gold has been steadily rising, the S&P 500 index has fallen, the real estate bubble has collapsed, and bonds, money market funds, and bank deposits have lost their value after inflation as the result of low yields and the Fed’s nominal or negative interest rates. On the other hand, physical gold has increased in price by 700%. And although gold mining shares have lagged physical gold, they have still outperformed stocks, bonds, real estate, and other investments. The US did not default, but Ron Paul has still “made a bundle.” I would ask Barron’s to name one mainstream financial planner, investment pro, or mutual fund manager who has produced better results.

    The shares of Warren Buffett’s Berkshire Hathaway have doubled in value over the last decade, but by any objective standard they can’t compare to the 600% increase in Ron Paul’s gold shares portfolio. Perhaps Americans might be better served had their President not consulted the sage of Omaha, but if instead he had consulted the sage of Lake Jackson, Texas.

  3. Melly says:

    Update on Gibson Guitar Factory Raid

    CEO of Gibson Guitar a Republican donor; Democrat competitor uses same wood

    “One of Gibson’s leading competitors is C.F. Martin & Company. The C.E.O., Chris Martin IV, is a long-time Democratic supporter, with $35,400 in contributions to Democratic candidates and the DNC over the past couple of election cycles. According to C.F. Martin’s catalog, several of their guitars contain “East Indian Rosewood.” In case you were wondering, that is the exact same wood in at least ten of Gibson’s guitars.

    The Gibson facility wasn’t raided over allegations of tax evasion, charges of embezzlement, or even something as drab as child labor. Not even close. It was raided over what the DOJ deems an inability to follow a vague domestic trade law in India (one that apparently the Indian government didn’t seem too concerned about enforcing) regarding a specific type of wood. Not illegal wood, just wood with obscenely specific procedural guidelines.”


  4. Melly says:

    Libyan rebels says won’t deport Lockerbie bomber

    Associated Press

    TRIPOLI, Libya (AP) — The Libyan rebel government will not deport the man convicted of the 1988 Lockerbie bombing, its justice minister said Sunday.

    New York senators on Aug. 22 asked the Libyan transitional government to hold Abdel-Baset al-Megrahi fully accountable for the bombing of Pan Am flight 103, which killed 270 people.

    But the transitional government Justice Minister Mohammed al-Alagi told journalists in Tripoli that the request by American senators had “no meaning” because al-Megrahi had already been tried and convicted. …


  5. BillK says:

    Michelle Bachmann subject of edited video smear; big shock.

    From Yahoo! News:

    No, Bachmann did not ask a crowd, ‘Who likes white people?’

    By Chris Moody

    An edited video that makes it appear as if Republican presidential candidate Rep. Michele Bachmann asked an Iowa crowd, “Who likes white people?” is quickly spreading around the Web. However, if you watch the full, unedited version of the video, it’s clear the Minnesota congresswoman said something very different.

    Bachmann made a campaign stop at the Midwest Spirit Christian Music Festival on Aug. 5 in West Des Moines to give a speech about her Christian faith. It was raining during her the appearance, so when Bachmann took the stage, she asked, “Who likes wet people?” referring to the still-damp masses who stuck around for her talk.

    Yeah, that’s right. Because we have the God of the winds and the rain don’t we?” she said immediately after–a key phrasing that was edited out of the shorter clip. “We serve a mighty God.” …


    Remember, if your opponent isn’t making gaffes you need, just make them up.

  6. BillK says:

    The fun in Wisconsin continues.

    From the Milwaukee Journal Sentinel:

    New Berlin School Board OKs new handbook

    By Erin Richards

    New Berlin – In a meeting where teachers alternatively were cheered and booed, and Gov. Scott Walker’s collective bargaining law was shunned and embraced, the school board meeting Monday night encapsulated the drama that continues to surround the role of teachers unions in the state.

    At issue was New Berlin’s employee handbook, which the board approved in a unanimous vote, but not before teachers spoke about their lack of input in the new document and how the new rules could negatively affect their work and the district’s reputation.

    The meeting was moved to the Performing Arts Center at New Berlin West Middle/High School, 18695 W. Cleveland Ave., to accommodate crowds that were expected to be much larger than normal. That’s in part because of a raucous school board meeting in Greenfield last week where teachers butted heads with the administration and school board members over a new handbook and the issue of collaboration with teachers. Police were called to the scene.

    Districts around the state that no longer have collective bargaining agreements with educators have spent this month putting finishing touches on similar handbooks that spell out wages, work rules and benefits. Many have been approved without much fanfare.

    Not in New Berlin. On Monday, the auditorium was filled close to its capacity. Some attendees had to hike through athletic fields from overflow parking to get to the meeting. Squad cars were parked outside with lights flashing.

    Teachers and union supporters – from New Berlin and other cities – clapped and cheered for their peers. The other half of the audience appeared keen on keeping taxes low and supporting Walker. They cheered when the board approved the handbook.

    New Berlin Education Association President Diane Lazewski estimated 200 New Berlin teachers came out to express displeasure with elements of the handbook. She said some of those elements include a longer work day with no extra pay, a reduction in the amount of sick days teachers can accrue, and new rules regarding everything from dress codes to time for teachers to collaborate.

    Lazewski said she believes the changes New Berlin put in place are further-reaching than changes in other handbooks approved by Wisconsin districts.

    I would be surprised to see any other handbook as punitive as ours,” Lazewski said.

    Leslie Potter, a teacher at New Berlin West who left a mechanical engineering career to become a teacher in 1997, told the board the new rules in the handbook required her to work more hours but limited the time she could spend working with students.

    She also said it eliminated any reference to prep time for teachers.

    “The school board says that they value collaboration,” Potter added. “We request that they approach this handbook in the same manner.”

    After teachers spoke, a citizen took the microphone and said he represented the 5.5 million taxpayers in Wisconsin who were in favor of Walker doing what he was elected to do.

    Applause broke out in the auditorium as the teachers and union supporters sat silent. They walked out before the man was finished speaking.


    Wow, how mature of the teachers. Remember, they “just care about the children.”


    Meanwhile, sounds like the teachers regard having the same working conditions as oh, everyone in the private sector, as “punitive.”

    I wonder what would have happened had the ME who became a teacher asked for paid “prep time” at a private sector job.

    When the laughter subsided…

  7. BillK says:

    Get ready to roll your eyes, folks.

    From the (Madison) Wisconsin State Journal:

    Capitol protester sues building worker who popped her balloon

    By Ed Treleven

    A woman whose balloon was popped by a state worker last month during a noontime singalong at the state Capitol has sued the worker, claiming he violated her constitutional rights.

    Leslie A. Peterson, of Madison, is seeking unspecified compensatory and punitive damages from Ronald J. Blair, an assistant director in the Division of State Facilities, who allegedly used a knife to pop a red heart-shaped balloon that Peterson was holding at the Capitol on July 25.

    Blair, 56, has been charged with disorderly conduct while armed for the incident, which allegedly happened during the daily Solidarity Singalong, an ongoing protest of the state law that sharply curtailed collective bargaining rights for most public workers.

    The lawsuit alleged that Blair violated Peterson’s free speech and due process rights and subjected her to unreasonable search and seizure.

    According to the lawsuit, after Blair popped the balloon, Peterson followed him, demanded to see his identification and told him she intended to file a report with Capitol Police.

    Blair grabbed her by the wrists and slammed her against a door, the lawsuit states. She saw blood and thought it was her own, but the blood belonged to Blair, who had cut himself while trying to pop the balloon, according to the lawsuit. …


    Remember, balloons are “speech” now, too.

  8. Melly says:

    Maya Angelou says King memorial inscription makes him look ‘arrogant’

    On Feb. 4, 1968, two months before he was assassinated, Martin Luther King Jr. delivered a haunting sermon at Atlanta’s Ebenezer Baptist Church about a eulogy that might be given in the event of his death.

    “If you want to say that I was a drum major, say that I was a drum major for justice,” King told the congregation. “Say that I was a drum major for peace. I was a drum major for righteousness. And all of the other shallow things will not matter.”

    The sermon was so powerful that the designers of the Martin Luther King Jr. Memorial in Washington selected those lines to be inscribed on the memorial’s towering statue of the civil rights leader.

    But because of a design change during the statue’s creation, the exact quotes had to be paraphrased, and now one of the memorial’s best-known consultants, poet and author Maya Angelou, says the shortened inscription is misleading and ought to be changed.

    Carved on the north face of the 30-foot-tall granite statue, the inscription reads: I was a drum major for justice, peace and righteousness.

    “The quote makes Dr. Martin Luther King look like an arrogant twit,” Angelou, 83, said Tuesday. “He was anything but that. He was far too profound a man for that four-letter word to apply.

    “He had no arrogance at all,” she said. “He had a humility that comes from deep inside. The ‘if’ clause that is left out is salient. Leaving it out changes the meaning completely.”

    The paraphrase “minimizes the man,” she said. “It makes him seem less than the humanitarian he was. . . . It makes him seem an egotist.”

    The drum major reference “wasn’t all that he was,” she said. “He would never have said that of himself. He said ‘you’ might say it.”

    She said the quote should be changed to put it in context.

    Told the quote had to be paraphrased to fit the available space, she replied: “Too bad.”…..


    The exerpt is something Obama would have said about himself.
    So many things to complain about – the lack of symbolism in the sculpture, he resembles Stalin, it was carved in CHINA. And it was in the making for 14 years………..


    • JohnMG says:

      Maybe if the statue itself had been more life-sized the inscription might have fit in its entirety. Maybe if those responsible for the statue hadn’t insisted it portray him as larger than life, none of this would have happened.

      I’ll bet those guys are racist.

    • Natural Born Citizen says:

      And if MLK’s family had not been paid 800K for his likeness and quotes they may have been able to afford room for the full inscription. Not only the first non-president or veteran’s memorial on the mall, but the first memorial where the family had to be paid for the memorial to be created. By the way the Chinese sculptor’s main claim to fame? His renowned statue of Chairman Mao Tse Tung! He did say he wanted to sculpt Obama no doubt for the next new federal memorial.

  9. Rusty Shackleford says:

    This isn’t technically a posting of a typically fraudulent MSM headline. Instead, while flipping channels this morning, I noted that the MSM is doing two things, 1)Highlighting flood damage due to excessive rain and higher-than-normal tides due to hurricane Irene, while 2) simultaneously trumpeting that FEMA is broke.

    Now, I don’t know about you…but in those clips I didn’t see people running around stealing plasma TV sets and sneakers and other nice things, claiming they need it for survival. And, also, is the MSM setting the groundwork for another “badly needed stimulus” so that FEMA can remain solvent? Or….more likely, they will end up unwittingly painting the stark difference between who gets FEMA money and who doesn’t. The areas hit hard by flooding are largely middle class and in New England, predominantly white. So when beach houses go washing out to sea and other nice homes are undercut by overflowing rivers and end up going downstream, will FEMA help? I sincerely doubt it.

    So why all the rhetoric about FEMA being broke when it’s unlikely that they would pay for any help in the towns and villages hardest hit by the hurricane? Once again, the answer is they have little to no clue what they’re doing. They think they are doing some public service by setting the template for a plea to get more tax dollars and borrowed dollars into the federal government’s hands to dole out as needed, without fully examining their own playbook…that white neighborhoods don’t get FEMA money, or if they do, it is done so quietly as to never be reported.

    Why? “The poor and minorities hardest hit” meme is not applicable here. 99% of all the homeowners in the scenes shown on the tube most likely have insurance. FEMA therefore is not needed in that sense. But, federal funds to help rebuild washed out roads and bridges? Not bloody likely. Where’s the “optics” in that?

    • JohnMG says:

      FEMA funds have been diverted from Joplin MO and other sites of natural disasters from earlier this summer.

      Just another day in fly-over country. Obama will not carry Missouri again this election cycle, but Uh-bama needs the North-East solidly in his corner. It’s got to be a real balancing act between continuing to feed his base and not lose the disaffected independents.

      Personally, I hope he chokes from the effort. That’s got too be a really bitter pill for him to swallow. And the crisis was mostly over before it had begun. His storm center photo-op only revealed him as the poseur he is.

  10. BillK says:

    Another day brings more pathetic whining about Wisconsin from the Associated Press.

    Wisconsin teacher retirements double in wake of new law

    Madison – When students return Thursday for the first day of school across Wisconsin, many familiar faces will be gone, as teachers chose retiring over coming back after passage of a new law that forces them to pay more for benefits while taking away most of their collective bargaining.

    Documents obtained by The Associated Press under the state’s open records law show that about twice as many public school teachers decided to hang it up in the first half of this year as in each of the past two full years, part of a mass exit of public employees.

    Their departures came before the new law took effect, changes pushed by Gov. Scott Walker and the Republican Legislature that led to weeks of protests at the Capitol.

    The ensuing exodus of teachers and other state employees has led to fears that the jobs might not be filled, and that classroom leadership by veteran teachers will be lost.

    Ginny Fleck, a German teacher from Green Bay with 30 years of experience, is among nearly 5,000 teachers who retired.

    It wouldn’t make sense for me to teach one more year and basically lose $8,000,” she said. Fleck, 69, decided to retire in February, even before the bill became law, in part because of the hit she would take to her $60,000 annual salary and because of other changes the district was making. …


    I thought teachers were professionals who were more worried about the kids than money? That’s what the left always tells us.

    I’d like to know how another year at a $60,000 job would cost her $8,000 – unless it means she’d lose her cushy $0 cost retirement benefits.

    • JohnMG says:

      She’s 69 years old, for cryin’ out loud!! What a greedy bitch.

      You want to see how hard it’ll be to fill those jobs? In this economy?

      First, look at the real picture. Teachers have to sign a letter of intent to return to their job next year several months prior to the expiration of their current contract. Once the letters are received by the administration, contracts are offered, and must be signed and returned prior to the end of the current school year recess, or the position is declared vacant and replacements are sought. This is so that administrators can ensure that all necessary positions are filled. If a teacher signs the contract, he/she is bound by those terms. They can petition to be released from the contract, but may face a financial penalty if the release is granted, or they may be found bound to the legal agreement.

      It had nothing to do with Scott Walker, the actions of the legislature, or the failed recall efforts. These people made up their minds before any of this occurred

      Second, most states determine the teachers’ monthly retirement benefit based on an average of the last three years of employment income. That’s why many of those contemplating retirement will take on “extra duties” in their last three years…….extra duties they will be compensated financially for assuming such as after-school detention monitors, parking lot supervision, special needs student tutoring, student council moderators—the list can be quite lengthy…..which will provide a spike in their last three years’ earnings. If a lot of that crap was eliminated under the terms of the new agreements, why would this greedy old broad (and many others like her) stick around?

      Like you said, Bill, hanging around another year would likely nip her retirement benefits a bit. She couldn’t stand for that now, could she?

  11. Melly says:

    New body ‘liquefaction’ unit unveiled in Florida funeral home

    A Glasgow-based company has installed its first commercial “alkaline hydrolysis” unit at a Florida funeral home.

    The unit by Resomation Ltd is billed as a green alternative to cremation and works by dissolving the body in heated alkaline water.

    The facility has been installed at the Anderson-McQueen funeral home in St Petersburg, and will be used for the first time in the coming weeks. It is hoped other units will follow in the US, Canada and Europe.

    The makers claim the process produces a third less greenhouse gas than cremation, uses a seventh of the energy, and allows for the complete separation of dental amalgam for safe disposal. …

    …The system works by submerging the body in a solution of water and potassium hydroxide which is pressurised to 10 atmospheres and heated to 180C for between two-and-a-half and three hours.

    Body tissue is dissolved and the liquid poured into the municipal water system. Mr Sullivan, a biochemist by training, says tests have proven the effluent is sterile and contains no DNA, and poses no environmental risk.


    • JohnMG says:

      Sounds “flushable”. But wait! Instead of the urn on the fireplace mantle, Grandma can no be a bottled-water specimen in the laundry room.

      There’s just something about this process that I find a bit too creepy.

    • Rusty Shackleford says:

      “Soylent Green is PEOPLE!”

    • Melly says:

      lol Rusty – but I have to agree with Mitt Romney and, most of all, Milton Friedman that when you tax Corporations, you tax people.

  12. canary says:

    Iran’s new flying boats for warfare.


  13. Melly says:

    DOJ Advises Gibson Guitar to Export Labor to Madagascar

    In an interview with KMJ AM’s “The Chris Daniel Show,” CEO Juszkiewicz revealed some startling information.

    CHRIS DANIEL: Mr. Juszkiewicz, did an agent of the US government suggest to you that your problems would go away if you used Madagascar labor instead of American labor?

    HENRY JUSZKIEWICZ: They actually wrote that in a pleading.

    CHRIS DANIEL: Excuse me?


    HENRY JUSKIEWICZ: They actually wrote that it a pleading.

    CHRIS DANIEL: That your problems would go away if you used Madagascar labor instead of our labor?


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