Saturday, January 12, 2013

Moronic Statement of the Week


Tears: OK Love your compelling argument has won me over. I promise never to concurrently fire bullets in my single barrel rifle or pistol ever again. I promise from now on to only fire bullets sequentially. Feel better now?

Quoted statement just after the 04:30 point:

Illinois Precious Metals Purchasing Act

Why doesn't this surprise me that this is happening in the home state of President Obama.

 Bill Status of SB3341  97th General Assembly


Short Description:  PRECIOUS METAL PURCHASING ACT

Senate Sponsors
Sen. Kirk W. Dillard

House Sponsors
(Rep. Patricia R. Bellock , Norine Hammond, Michelle Mussman and Pam Roth)



Synopsis As Introduced

Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the business of purchasing precious metal shall not pay for the precious metal in cash and shall record the method of payment. Requires the purchaser to keep a record of the sale for one year or, if the purchase amount is over $500, for 5 years. Provides that a person who violates the Act is guilty of a petty offense and subject to a fine not exceeding $500. Provides that the Attorney General may inspect records, investigate an alleged violation, and take action to collect civil penalties.

Senate Committee Amendment No. 1
Authorizes inspection of records by local police departments. Requires reports to law enforcement on a daily basis. Exempts persons licensed under the Pawnbroker Regulation Act.



I hate Illinois Nazis


Quote of the Week


Breaking The Set

From breakingtheset


Jim Grant calls for Real Money



Peter Schiff - Japan’s Monetary Policies Are Disastrous for U.S. Economy

Click on Lauren to access video

Gassing Australia

From AlJazeeraEnglish

Barry can count to zero

And here was me thinking that Barry didn't understand the importance of zeroes.