The trustee of the customers whose money was stolen by MF Global has indicated in a report that he might sue Jon Corzine for negligence and breach of fiduciary duty.
If they can’t get the government to prosecute him, at least they can go after him in civil court.
The day of reckoning looms: The debt of the federal government is projected to be nearly twice the size of the U.S. economy by 2037, the Congressional Budget Office announced Tuesday.
This CBO report actually supposed to be encouraging, as it indicates that the day of doom has been pushed back a whopping two years! Yowza! Let’s pop the corks on the champagne bottles and start celebrating!
Sadly, the article also has this ridiculous quote:
CBO’s latest prediction is similar to its 2011 report despite the $2.1 trillion in budget cuts enacted in last August’s debt-ceiling deal between the White House and Congress.
Nothing was cut by that deal. All they did was trim the rate of growth. For any journalist to continue to participate in this fraud is sickening.
The surest sign that the Democrats will lose the recall vote there today: “Mainstream media escapes from Wisconsin.”
What could go wrong? The U.S. Drug Enforcement Agency has asked the Utah state legislature for permission to scan the license plates of all cars driving on Interstate 15.
Worse, they are already scanning plates in Texas and California, and plan to add Arizona to the list.
I especially like this quote from a Utah legislator in response to the request. “I’ll be quite frank with you. A lot of us in Utah don’t trust the federal government.” Do tell.
Repeal it! More colleges have announced plans to drop their student healthplans due costs imposed by Obamacare.
Lenoir-Rhyne University of Hickory, N.C., the University of Puget Sound in Tacoma, Wash., and Cornell College in Mount Vernon, Iowa—all private liberal-arts colleges—have told students they are dropping school-sponsored limited-benefit insurance plans starting in the fall. The three colleges said students’ premiums would have gone up roughly tenfold, and they said they could no longer justify making students sign up if they didn’t have their own insurance. [emphasis mine]
And if they don’t drop their healthplan?
The State University of New York at Plattsburgh said its 2011-2012 premium was $440 for a plan that covered up to $10,000 for each injury or sickness. Officials said the premium for the coming year would be $1,300 to $1,600 for a plan that meets the new requirements. The school will continue to require students to carry insurance, either through the school or not.
How’s that hope and change working out for you, students?
Not good: The man tapped to head Romney’s transition team should he win the election favors implementing Obamacare on the state level.
The Romney campaign responded to say that Romney intents to repeal Obamacare fully once in office. Still, to pick this man to head his transition team is worrisome.
Bipartisan corruption: A bank run by an Obama fund-raiser has gotten an Republican-led House committee to exempt that bank from provisions of the Dodd-Frank act, saving the bank $300 million.
Any law that allows legislators to grant individual waivers isn’t a law at all but a form of extortion: Pay up or you won’t get your exemption. Dodd-Frank, as well as much of all the legislation passed by Congress in the past decade, should be repealed so that everyone gets the exemption.
Florida has decided to continue to purge its election rolls of illegal and ineligible voters, in defiance of the Obama administration’s demand that it stop.
The state is enforcing the law, as written on the books. Yet Eric Holder’s Justice Department somehow thinks that this is illegal. Maybe someone should teach Holder and his attorneys how to read.
In related news, Holder’s Justice Department is suing a Las Vegas casino because the casino followed the law in verifying that all its employees were legal residents of the United States.
Theft by government: A county government in California, rather than buy private property through eminent domain, is using zoning regulations to force owners out so the county doesn’t have to pay any compensation.
A government study has found that the more educated in science and math an American is, the more likely they will be skeptical of the dangers of global warming.
The results of the survey are especially remarkable as it was plainly not intended to show any such thing: Rather, the researchers and trick-cyclists who carried it out were doing so from the position that the “scientific consensus” (carbon-driven global warming is ongoing and extremely dangerous) is a settled fact, and the priority is now to find some way of getting US voters to believe in the need for urgent, immediate and massive action to reduce CO2 emissions.
Having discovered that educating the public will defeat these activists in their goals, the researchers than suggest, like Paul Krugman, that maybe the U.S. government should stop trying to educate people and focus on fake propaganda instead.
What does this tell us? A black former Democrat Congressman who also gave the seconding speech for Obama’s nomination in 2008 has decided to switch parties and become a Republican.
Finding out what’s in it: A college has been forced to double the healthcare fees it charges its students, and lays the blame solely on Obamacare.
Corruption in Big Science: A U.S. senator is demanding the NIH explain how it could give a $2 million grant to a researcher previously punished for not reporting financial conflicts of interest who is also under investigation by the Department of Justice.
The wolves guarding the chicken house: The top GSA official involved in the extravagant Las Vegas conference has been reinstated.
A conservative blogger was arrested today in Maryland — for blogging.
The blogger was arrested merely because he had written critical posts about leftwing activist and convicted bomber Brett Kimberlin. Kimberlin claimed the blogger’s posts caused others to harass him.
If this stands, it makes everyone who writes anything responsible for the misbehavior of others.
Modern intellectualism: At a Harvard conference, a scientist has proposed that the government should require people to exercise in order to control their weight.
At a “Harvard Thinks Big” confab earlier this year, evolutionary biologist Daniel Lieberman offered his own bright idea for tackling the nation’s obesity epidemic. Merely medicating it won’t do, he said, and education is well-meaning but ineffective. His answer? “Coercion. … We should start telling corporations what to do.” But not just corporations. He also advocated – “to hearty applause,” the Harvard Gazette noted – “requiring people to exercise.” [emphasis mine]
I emphasis the applause to illustrate that this tyrannical attitude is not unusual in academic circles. The modern elite community is very arrogant, and believes it has the right to tell everyone else what to do.
Yesterday my wife Diane and I took my 94-year-old mother on a sightseeing trip to see the Casa Grande ruins southeast of Phoenix, “the largest known structure left of the Ancestral People of the Sonoran Desert.”
This four story high structure was built around 1350 AD from bricks made of concrete-like caliche mud, with the floors and roofs supported by beams of pine, fir, and juniper brought from as far away as fifty miles. (The rooflike structure above the ruins was built by the National Park Service in order to protect it from rain.)
Though impressive, I must admit I’ve seen far more impressive American Indian ruins elsewhere. Casa Grande, which means “Great House” in Spanish, suffered as a tourist attraction from two faults:
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Banned by the Forest Service from using heavy equipment to repair their water supply, Tombstone residents are planning an event in June where thousands will gather to do the work manually with shovels.
According to the Tombstone Shovel Brigade’s website, the group was established for several reasons, including to bring public awareness to the issues facing the city regarding repairs to its historic water system and the “limited cooperation” the city has received from the Forest Service.
“Another goal of the Tombstone Shovel Brigade is to get a lot of work done using hand tools and horses. A few workers can only make so much progress but a couple of thousand people with picks, shovels, ropes and chains can accomplish a lot and will send a loud message to the National Forest Service and the federal government,” states the website.
What could go wrong? China, Russia, Brazil, India and other UN members have proposed giving the UN more control over the governance and operation of the internet.
Fortunately, it appears that members of Congress from both parties seem hostile to this idea.
