Only in a banana republic would Congress be "forced" to hold hearings on whether to ban itself from illegal (for everyone else) insider trading. Which explains why below readers can watch precisely that, live from the house Committee on Financial Services.The legislation in question relates to bill H.R. 1148, the "Stop Trading on Congressional Knowledge Act."
only in a banana republic.... indeed.
Cox runs several law-centric blogs, like industrywhistleblower.com, judicialhellhole.com, and obsidianfinancesucks.com, and was sued by investment firm Obsidian Finance Group in January for defamation, to the tune of $10 million, for writing several blog posts that were highly critical of the firm and its co-founder Kevin Padrick.
Representing herself in court, Cox had argued that her writing was a mixture of facts, commentary and opinion (like a million other blogs on the web) and moved to have the case dismissed. Dismissed it wasn't, however, and after throwing out all but one of the blog posts cited by Obsidian Financial, the judge ruled that this single post was indeed defamatory because it was presented, essentially, as more factual in tone than her other posts, and therefore a reasonable person could conclude it was factual.
The judge ruled against Cox on that post and awarded $2.5 million to the investment firm.
Now here's where the case gets more important: Cox argued in court that the reason her post was more factual was because she had an inside source that was leaking her information. And since Oregon is one of 40 U.S. states including Washington with media shield laws, Cox refused to divulge who her source was.
chalk one up for high finance... I'm sure they were irreparably damaged by a local blog (sarcasm alert for the snark impaired)
Even those officers with multiple offenses have been given chance after chance through a disciplinary system that has been reshaped in their favor by the state's politically influential police unions. As a result, officers around Florida carry personnel files that are anything but heroic.
Corrections officer Kurt Stout, already dogged by allegations he groped and had sex with prisoners, was arrested on allegations he raped two teenage girls. Nick Viaggio capped a string of violent outbursts at the Ocala Police Department by attacking his girlfriend in a crowded nightclub until bouncers dragged him away. Palm Beach County deputy Craig Knowles-Hiller, under investigation for sleeping with a 14-year old, had to explain why the girl's DNA was found on one of his sex toys.
In each case, state law enforcement officials let the men keep their badges.
And tasteless to lighten your mood.
This one made me LOL:
(found on a reddit feed)
Judge William Adams, who made national headlines after the release of a 2004 video of him beating his then-teenage daughter, has been suspended by the Texas Supreme Court.
The reason for the action was not mentioned in an order of suspension that was made public Tuesday.
Adams, a court-at-law judge in Aransas County, was roundly criticized when his now-adult daughter posted online a video of him beating her with a belt when she was 16.
From the Weekly Standard
Old news, but this time it's a conservative paper suggesting closing the loopholes and a bit of tax reform.
A sign of the coming Apocalypse?
From Bernie Sanders
The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," said Sanders. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."
Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. "No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president," Sanders said.
The non-partisan, investigative arm of Congress also determined that the Fed lacks a comprehensive system to deal with conflicts of interest, despite the serious potential for abuse. In fact, according to the report, the Fed provided conflict of interest waivers to employees and private contractors so they could keep investments in the same financial institutions and corporations that were given emergency loans.
For example, the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed. Moreover, JP Morgan Chase served as one of the clearing banks for the Fed's emergency lending programs.
In another disturbing finding, the GAO said that on Sept. 19, 2008, William Dudley, who is now the New York Fed president, was granted a waiver to let him keep investments in AIG and General Electric at the same time AIG and GE were given bailout funds. One reason the Fed did not make Dudley sell his holdings, according to the audit, was that it might have created the appearance of a conflict of interest.
To Sanders, the conclusion is simple. "No one who works for a firm receiving direct financial assistance from the Fed should be allowed to sit on the Fed's board of directors or be employed by the Fed," he said.
Not on YouTube, so check it out on Vimeo:
This how to properly engage with police when they do suspicious things. We were riding by on bikes and noticed hes hiding his name and has no badge number. SO we decided to ask him. He did not answer, we asked a ranking officer is that policy? The LT. quickly went about fixing his attitude. This is a common practice among cops at occupy's around the US .That way he/she cannot be named or referenced if he participates in police miss-conduct . Its in most police departments policies that all officers in uniform must show some form of identification. OPD does not wear badges with #'s, how do we hold anyone accountable?
THANKS OPD LT C.WONG for stepping up and holding the officer accountable on camera!
Why yes, he is a Republican, Bush voter....
A former United Nations weapons inspector who exchanged explicit online messages with a detective posing as a 15-year-old girl and then performed a sex act on himself in front of a webcam was sentenced Wednesday to at least 1 1/2 years in state prison.
Scott Ritter, 50, was taken into custody immediately after Monroe County Judge Jennifer Sibum sentenced him to 18 to 66 months behind bars. It was the second time in eight years that Ritter, of Delmar, N.Y., found himself in legal trouble for trying to lure underage girls into illicit sex.
Ritter was one of the U.N.'s chief weapons inspectors in Iraq from 1991 to 1998. He resigned after accusing the United States and the U.N. of failing to get tough with then-Iraqi leader Saddam Hussein. Later, he said Iraq had destroyed its weapons of mass destruction, and he became a vocal critic of the U.S. invasion.
In 2001, Ritter twice arranged to meet people who claimed online to be underage girls but who turned out to be undercover police in Colonie, N.Y. The charges were eventually dismissed, and the case was sealed, but Pennsylvania prosecutors obtained the records and used them to try to show Ritter has a predilection for minors.
so they don't ingest the oil when preening themselves.
The researchers interviewed 52 convicted murderers, 14 of them ranked as psychopaths according to the Psychopathy Checklist-Revised, a 20-item assessment, and asked them to describe their crimes in detail. Using computer programs to analyze what the men said, the researchers found that those with psychopathic scores showed a lack of emotion, spoke in terms of cause-and-effect when describing their crimes, and focused their attention on basic needs, such as food, drink and money. <10 Contested Death Penalty Cases>
While we all have conscious control over some words we use, particularly nouns and verbs, this is not the case for the majority of the words we use, including little, functional words like "to" and "the" or the tense we use for our verbs, according to Jeffrey Hancock, the lead researcher and an associate professor in communications at Cornell University, who discussed the work on Monday (Oct. 17) in Midtown Manhattan at Cornell's ILR Conference Center.
"The beautiful thing about them is they are unconsciously produced," Hancock said.
These unconscious actions can reveal the psychological dynamics in a speaker's mind even though he or she is unaware of it, Hancock said.
The police officer who brutally grabbed and slugged an #OccupyWallStreet protester has been identified by the New York Daily News as Deputy Inspector Johnny Cardona, and it appears that Cardona has quickly established a track record of mistreating #OWS protesters, apparently for no good reason.
The demonstrator, Felix Rivera-Pitre, was videotaped being punched by Cardona while walking away from him on Friday, and the video is now well-known. Police are considering pressing charges against Rivera-Pitre, but there is no evidence that the protester did anything illegal, despite several video cameras documenting the event.
Lesser known is the video that is of the prelude to the infamous "pepper spray" video of two weeks ago. It appears that Cardona is the same officer that flew into a rage and grabbed a female protester by the neck and head, forcing her to the pavement, and kicking her two weeks ago. By looking at the video, this attack appears to be unprovoked as well.