May 31, 2009

Homeland Security to scan fingerprints of travellers exiting the US

The US Department of Homeland Security is set to kick-start a controversial new pilot to scan the fingerprints of travelers departing the United States.

From June, US Customs and Border Patrol will take a fingerprint scan of international travelers exiting the United States from Detroit, while the US Transport Security Administration will take fingerprint scans of international travelers exiting the United States from Atlanta.

Biometric technology such as fingerprint scans has been used by US Customs and Border Patrol for several years to gain a biometric record of non-US citizens entering the United States.

But under the Bush Administration, a plan was formulated to also scan outgoing passengers.

Michael Hardin, a senior policy analyst with the US-Visit Program at the United States Department of Homeland Security told a Biometrics Institute conference today that the DHS will use the data from the trial to "inform us as to where to take [exit screening] next."

"We are trying to ensure we know more about who came and who left," he said. "We have a large population of illegal immigrants in the United States - we want to make sure the person getting on the plane really is the person the records show to be leaving."

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May 28, 2009

Top 10 Outreageous Police State Moments!

10.Oklahoma Highway Patrol Fight With EMT


9.Seattle Police Beat 16 Year Old Girl in Jail Cell


8.Utah Cops Slams Handcuffed Man


7.NYPD Assult Cyclist In Time Square


6.Hillsborough County Deputies Dump Paralyzed Man From Wheelchair


5.Florida Police Beats Man in Elevator


4.Chicago Cop Beats Female Bartender


3.Police Tackle Puts Innocent Man in Coma
.

2.Birmingham Cops Beat Unconscious Man After Chase


1.Oakland Bart Cop Executes Suspect

May 27, 2009

Towns Considering Disincorporation as Finances Worsen

Source: WSJ
As the recession batters city budgets around the U.S., some municipalities are considering the once-unthinkable option of dissolving themselves through "disincorporation."

Benefits of this move vary from state to state. In some cases, dissolution allows residents to escape local taxes. In others, it saves the cost of local salaries and pensions. And residents may get services more cheaply after consolidating with a county.

In Mesa, Wash., a town of 500 residents about 250 miles east of Portland, Ore., city leaders have initiated talks with county officials about the potential regional impact of disincorporating. Mesa has been hit by a combination of the recession and lawsuits that threaten its depleted coffers, leaving few choices other than disincorporation, said Robert Koch, commissioner of Franklin County, where Mesa is located.

Two California towns, Rio Vista and Vallejo, have said they may need to disincorporate to address financial difficulties; Vallejo filed for bankruptcy protection last year. Civic leaders in Mountain View, Colo., have alerted residents that they are left with few options but to disincorporate because the town can't afford to pay salaries and services.

Incorporation brings residents a local government with the ability to raise money through taxes and bond issuances. It also gives them more control of zoning decisions and development, and usually provides for local services such as trash pickup and police as well.

Dissolving a town government, on the other hand, often shifts responsibility for providing services to the county or state. A city's unexpired contracts usually remain binding, and residents are still obligated to pay off any debt.

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May 20, 2009

A Weak Dollar Is Bad For America

Here is a Forbes.com article from 2007 that highlights what comes along with a weaking USD.

Here is my case for why a weaker dollar hurts America.

First, a weaker dollar translates into a cut in the real spending power of American consumers--in effect, a reduction in real income.

Second, a weaker dollar weakens the role of the U.S. dollar as the world's reserve currency. Why should investors and central banks around the world invest in US assets when their value is steadily declining?

Third, the chances of a weaker dollar leading to a sharp reduction in America's trade deficit is highly unlikely since 40% of the current balance is due to oil imports that are denominated in U.S. dollars. An additional 20% is due to trade with China, which is, of course, controlling the value of its own currency.

Fourth, a weaker dollar is inflationary since it increases the cost of imports.

Fifth, business leaders know that discounting prices may bump near-term revenue and profits but at a real cost to long-term profitability, not to mention inflicting damage to the brand name. This is what we are doing to the brand of America by trying to increase exports by lowering their price in the global marketplace. Better to stand firm on price and sell into global markets on the basis of what is great about American products: superior quality, innovation and service.

Sixth, investors seem to like a weaker dollar since the profits of American multinationals get a boost from foreign earnings being translated into U.S. dollars. Again this is short-term thinking and vastly overstated since most multinationals have sophisticated treasury departments that hedge currency exposures.

What a weaker dollar really does is to encourage American and international investors to invest in non-American markets. The more the dollar drops, the more global equities rise. Many Asian currencies are hitting record highs against the U.S. dollar.

The Australian dollar has climbed to a 25-year highs, while the Singapore dollar has touched 10-year highs. The Brazilian real, which has jumped 18% in value against the U.S. dollar this year, and the Indian rupee's sharp appreciation against the U.S. dollar during the past year, have supercharged U.S. dollar investors' returns in those markets.

According to EPFR Global, investors are pouring money into global funds--with net inflows of $96.94 billion into world equity funds so far in 2007, while taking out $9.6 billion out of U.S. equity funds. Brazil's local stock exchange, the Bovespa, reported that investors have injected $1.2 billion into the market in September alone.

Foreign investors slashed their holdings of U.S. securities by a record amount as the credit squeeze intensified, according to the U.S. Treasury Department. The Treasury said net sales of U.S. market assets--including bonds, notes and equities--were $69.3 billion in August after a revised inflow of $19.5 billion during July. The August outflow exceeded the previous record decline of $21.2 billion in March 1990.

Last and perhaps most importantly, I view a policy of weakening the U.S. dollar to improve America's competitive position as the path of least resistance.

Let's not roll up our sleeves and cut federal spending, greatly simplify our tax code to encourage productivity and achievement or reduce corporate tax rates and excessive regulation. Let's just wink and weaken and let our nation's currency drift lower on automatic pilot.

My view is that the value of a nation's currency reflects the perceived value of country in the global marketplace. Maintaining and strengthening the value of our nation's currency is in the best interest of American consumers, businesses and investors.

GM bankruptcy plan eyes quick sale to government



Wed May 20, 2009 5:39am EDT
By Chelsea Emery and Tom Hals

NEW YORK (Reuters) - If General Motors Corp (GM.N) files for bankruptcy, as widely expected, its healthy assets will be quickly sold to a new company owned by the U.S. government, a source familiar with the situation said on Tuesday.

The source, who was not cleared to speak with the media and would not be identified, said the U.S. government would pay for the assets by assuming the automaker's $6 billion of secured debt and forgiving the bulk of the $15.4 billion of emergency loans that the U.S. Treasury has provided to GM.

The government is negotiating the terms on which it will assume GM's secured debt and might make an the offer to holders of the debt that is far superior to the one made to Chrysler LLC's secured lenders, the source said.

Chrysler filed for bankruptcy in April and has proposed paying its secured lenders about 28 cents on the dollar.

The new GM is likely to distribute stock in the company to GM's unions in return for concessions on wages and benefits, the source said.

The percentage of stock given to the unions, bondholders and other creditors whose debt is not repaid by new GM has not been determined, the source said.

In addition, the government would extend a credit line to the new company, the source said.

The remaining assets of GM would stay in bankruptcy protection to satisfy other outstanding claims.

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Simple Lessons on "If" and "Then"




Ok, boys and girls today I'm going to give you a simple yet effective lesson on "If" and "Then". Ok, ready?? Here we go, lesson #1:

- If it walks like a duck and quacks like a duck then...... you guessed it, it's a duck.

- If 2 + 2 + 2 = 6, Then 3 x 2 = 6. (Simple Right?)

- If Corporatism is defined as: the organization of a society into industrial and professional corporations serving as organs of political representation and exercising control over persons and activities within their jurisdiction. , Then the government ownership of private manufacturers and financial instituions in America is Corporatism.

- If the government owns 80% of AIG, 36% of Citigroup, 50% of GM and 35% of Bank of America, Then ladies and gentlemen that's Coporatism USA.

- If H.R. 2401 Act of 2009 (No Fly, No Buy act) is passed into law, Then the government will have the authoriy and power to strip U.S. citizens of their 2nd Amendment right at will without even telling you why.

People please don't be fooled by the colorful personalities of the MSM or get lost in the fog of war. Open your eyes and stand up for your rights before they taken away.

May 16, 2009

DHS Training Boy Scouts to Combat Terrorist &..... War Vets???



IMPERIAL, Calif. — Ten minutes into arrant mayhem in this town near the Mexican border, and the gunman, a disgruntled Iraq war veteran, has already taken out two people, one slumped in his desk, the other covered in blood on the floor.

The responding officers — eight teenage boys and girls, the youngest 14 — face tripwire, a thin cloud of poisonous gas and loud shots — BAM! BAM! — fired from behind a flimsy wall. They move quickly, pellet guns drawn and masks affixed.

“United States Border Patrol! Put your hands up!” screams one in a voice cracking with adolescent determination as the suspect is subdued.

It is all quite a step up from the square knot.

The Explorers program, a coeducational affiliate of the Boy Scouts of America that began 60 years ago, is training thousands of young people in skills used to confront terrorism, illegal immigration and escalating border violence — an intense ratcheting up of one of the group’s longtime missions to prepare youths for more traditional jobs as police officers and firefighters.

“This is about being a true-blooded American guy and girl,” said A. J. Lowenthal, a sheriff’s deputy here in Imperial County, whose life clock, he says, is set around the Explorers events he helps run. “It fits right in with the honor and bravery of the Boy Scouts.”