Man Faces Life In Prison For Stealing $31 Worth Of Candy Bars
In what can only be described as a massive miscarriage of justice, a New Orleans man could spend the rest of his natural life in jail after stealing $31 of candy from a Dollar General Store, the New Orleans Advocate…
The Future of Bitcoin is Bright According to XML Gold CEO
Bitcoin Press Release: Amid the Bitcoin block-size debate Bitcoin exchange platform XML Gold CEO believes new decentralized apps will be built on Bitcoin’s blockchain, the current debate will be resolved, and the Internet will get its first real payment protocol….
You Can’t Have Creation Without the Destruction
You Can’t Have Creation Without the Destruction by: Lawrence Hamtil “Capitalism, then, is by nature a form or method of economic change and not only never is but never can be stationary…The fundamental impulse that sets and keeps the capitalist…
California city’s $14 minimum wage offers preview of its real costs
EMERYVILLE, Calif. — Security guard Kenneth Lofton was among the workers who benefited last year when this San Francisco Bay Area city hiked its hourly minimum wage to nearly $15 for employees at large companies. The jump was almost 70…
FLORIDA PASSES SWEEPING CIVIL ASSET FORFEITURE REFORM
Tallahassee, FL – Today, Florida Governor Rick Scott signed civil asset forfeiture reform bill SB 1044. The new law strengthens individual property rights and holds police departments to a higher standard of record keeping and accountability. Civil forfeiture is a…
Greece wants IMF explanations over Wikileaks report
Greece on Saturday demanded “explanations” from the International Monetary Fund (IMF) after Wikileaks said the lender sought a crisis “event” to push the indebted nation into concluding talks over its reforms. IMF officials, in an internal discussion, allegedly voiced exasperation…
WikiLeaks: IMF Skeptical On Greek Bailout
Greece’s top international lenders are quietly anticipating an “event” that would trigger a resolution to high-pressure debt talks that have gone on for six years. In a transcript of a purported teleconference released by WikiLeaks, two top officials at the…
Laid-off Americans are finally returning to the labor market: Will they find jobs?
WASHINGTON — After years of sitting on the sidelines, hundreds of thousands of workers who lost their jobs in the 2007-08 financial crash are finally getting back into the game. Friday’s jobs report shows that since September, droves of laid-off…
These Are The 5 Biggest Risks That Could Break Up The European Union
These Are The 5 Biggest Risks That Could Break Up The European Union by John Mauldin, Mauldin Economics The European Union was a noble dream, but as happens with most dreams, reality eventually sets in. It is simply not possible…
Avoid putting your money in these banks
A friend of mine who’s an equities analyst at a large brokerage firm recently sent out pretty ironic note to all of his private clients. He focuses on the financial sector, so his job is basically to analyze bank stocks…