Friday, June 1, 2012

Is Cash really Trash?

It seems the Cleveland Police agree with Robert Kiyosaki, "Cash is Trash"

I wonder if the guy had dropped a Morgan Silver Dollar on the ground would have the cops ticketed him for littering or tasered him for circulating constitutional money?


Original source

CLEVELAND -- A judge has dismissed the case of an Elyria man ticketed for littering after giving money to a homeless man.

A Cleveland police officer fined John Davis $344 after the money fell to the ground as he handed it out of his vehicle window to the homeless wheelchair-bound man on May 17. The donation came at a busy freeway interchange.

The judge threw out the case on the basis that money didn't constitute trash. (LOL the judge threw out the trash case! - that's gold, Judge Judy never comes out with such puns)

Davis said he is relieved by the decision and talked to reporters afterwards.

"I'm happy. It's done. It's over and they dropped it. 'Would you have done anything differently?' Yes. 'What?' Not hand money out the window to anybody."

Bilderberg 2012: Secretive summit kicks-off in Virginia

May 30, 2012 by

For a little over 50 years, an elite organization has met all around the world in total secrecy with nearly zero press coverage. On Thursday, the annual Bilderberg Conference will take place in Chantilly, Virginia where the world's leaders are believed to make decisions that could possibly have an effect on the world. Abby Martin looks closer at Bilderberg's global policies for a new world order as RT readies to cover this year's event later this week.


War Criminal Henry Kissinger confronted on Bilderberg

May 31, 2012 by

Worries resurface on US recovery

May 31, 2012 by

http://www.euronews.com/ More weak economic data from the US were further signs that growth there may be stalling after a strong performance early in the year.

Thursday, May 31, 2012

CrossTalk: War Unlimited

May 30, 2012 by

What are the options in Syria? Can the West try a 'limited' intervention there? Should it consider any kind of intervention since Kofi Annan's plan seems to have failed? And will NATO's footsteps cost the country even more bloodshed? CrossTalking with Mark Almond, Sinun Ulgen and Samer Araabi on May 30.

Attack on Assange: 'Whistleblowers warned as war criminals walk free'

May 31, 2012 by

Julian Assange looks set to be extradited to Sweden after Britain's Supreme Court dismissed his appeal. The Wikileaks founder has been under house arrest in the UK for more than 500 days now. He's wanted in Sweden for questioning over sex crime accusations, which the whistle blower himself strongly denies.

Brother JohnF - Silver Update 5/30/12 JP MoreGone

May 30, 2012 by

Zuckerberg Drops Off Billionaires Index as Facebook Falls

Wednesday, May 30, 2012

Hamster to play Jamie Dimon in the movie "Up Against The Wall St"

Swiss Debt Is Now Repaying Itself

This is a very bad thing, funds are so scared that they are willing to pay a premium to ensure they are holding an instrument that they feel will still be worth something between now and 2 years time.

From Zerohedge.com

Original source

The Swiss National Bank may have pegged the EURCHF (and as noted earlier, is progressively accumulating losses defending the barrier - even as EURCHF options are leaning further and further towards the peg breaking), but what about its bonds? At the current rate, Swiss debt, which is quite negative, with 2 year bonds now trading at record NEGATIVE rates, will repay itself quietly in a few short decades: ahhh the benefits of compounding. And for an example of how this is done, hours ago, the government issued debt at a rate of 0.62%. Oh sorry, we forgot the negative sign.