World News

on September 20, 2013 in World News

JPMorgan Chase slammed with $920mn fine

JPMorgan Chase slammed with $920mn fine over ‘London Whale’ probe JPMorgan Chase agreed to pay $920 in fines to settle probes related to the ‘London Whale’ financial debacle of 2012 in which bankers covered up $6.2 billion in losses. The settlement was announced by the Securities and Exchange  Commission (SEC) and the Federal Reserve on Thursday September  19. The firm “exercised inadequate oversight over the CIO and  failed to implement adequate controls to ensure the full and  adequate disclosure of relevant information to senior  management” the Fed said in order. Former JPMorgan traders Javier Martin-Artajo and Julien Grout  were formally… View Article

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on September 20, 2013 in World News

Contractor that screened Snowden also vetted alleged Navy Yard shooter

Contractor that screened Snowden also vetted alleged Navy Yard shooter The government contractor that screened Edward Snowden also was responsible for a background check that granted “secret” security clearance to Aaron Alexis, the alleged Navy Yard shooter. USIS, a private company based in Falls Church, Va., said on Thursday that it had vetted Alexis in 2007.The security clearance he subsequently received in 2008 was good for ten years, until 2018. A USIS spokesman declined to say what Alexis’ background check revealed, although government officials have said it turned up a 2004 arrest in Seattle for malicious mischief. “We are contractually… View Article

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on September 20, 2013 in World News

BlackBerry to Fire 4,500 Write Down Up to $960 Million

                              BlackBerry to Fire 4,500 Write Down Up to $960 Million BlackBerry Ltd., the smartphone maker that’s evaluating a sale, will cut 4,500 jobs and record an inventory writedown of as much as $960 million after a new set of devices failed to catch on with consumers. The company, based in Waterloo, Ontario, expects to report a net operating loss of as much as $995 million for the fiscal second quarter, according to a statement. Sales in the quarter were about $1.6 billion, just more than… View Article

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on September 20, 2013 in World News

Israel Alarmed Over Prospect of US-Iran Diplomacy

Israel Alarmed Over Prospect of US-Iran Diplomacy Neocons in the United States and Likudniks in Israel are freaking out over the prospect that the United States and Iran may engage in diplomacy and defuse tensions between the two countries. Strategic Affairs Minister Yuval Steinitz said on Friday there is no time left to negotiate with Iran. “There is no more time to hold negotiations,” Steinitz told the Israel Hayom daily on Friday. Steinitz is reportedly close to Israeli Prime Minister Benjamin Netanyahu. He said Iran has used negotiations to improve its atomic capabilities. “If the Iranians continue to run,...

Israel Alarmed Over Prospect of US-Iran Diplomacy Neocons in the United States and Likudniks in Israel are freaking out over the prospect that the United States and Iran may engage in diplomacy and defuse tensions between the two countries....

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on September 20, 2013 in World News

FBI calls half of populace with 9/11 doubts potential terrorists

                          FBI calls half of populace with 9/11 doubts potential terrorists The FBI is instructing local police departments and “communities against terrorism” to consider anyone who harbors “conspiracy theories” about 9/11 to be a potential terrorist, in a circular released to local police departments. The memo thus adds 9/11-official-story skeptics to a growing list of targets described by federal law enforcement to be security threats, such as those who express “libertarian philosophies,” “Second Amendment-oriented views,” interest in “self-sufficiency,” “fears of Big Brother or big government,” and “Declarations of… View Article

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on September 20, 2013 in World News

Dem Official Wishes Death On Ted Cruz Aide’s Children

                      Dem Official Wishes Death On Ted Cruz Aide’s Children Allan Brauer is a communications chair for the Democratic Party of Sacramento who used his Twitter account Friday to wish that the children of Senator Ted Cruz aide Amanda Carpenter, “die from debilitating, painful and incurable diseases.” He later apologized. — @amandacarpenter May your children all die from debilitating, painful and incurable diseases. — allanbrauer (@allanbrauer) September 20, 2013– Busy blocking the tapeworms that have slithered out of hellspawn @amandacarpenter’s asshole. How’s your day so far? — allanbrauer (@allanbrauer) September… View Article

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on September 19, 2013 in World News

Could be forced to bulldoze his £2m dream home

Home owner could be forced to bulldoze his £2m dream home after TRIPLING its size… WITHOUT planning permission A man’s home is his castle – especially when he’s spent £100,000 lovingly transforming it from a 1960s bungalow. Businessman Syed Raza Shah spent most of his life savings adding two extra storeys to the flat-roofed property, not to mention a turret and sweeping balconies. The result is a seven-bedroom home for him, his wife Farah and their four teenage children, worth £2million. Trouble is, the council says that wasn’t quite what Mr Shah had permission to do – so it has… View Article

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on September 19, 2013 in World News

College bars student from handing out Constitution

College bars student from handing out Constitution The Constitution guarantees the right to free speech, but don’t try to pass  out copies of it at Modesto Junior College in California. A student at the school who tried to pass out pocket-size pamphlets of the  very document that memorializes our rights got shut down on Sept. 17 – a date  also known as Constitution Day. Campus authorities told Robert Van Tuinen, who  caught the whole thing on videotape, he could only pass out the free documents  at a tiny designated spot on campus, and only then if he scheduled it several … View Article

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on September 19, 2013 in World News

Why the Media’s Fixation on the AR-15 Is Foolish

                                      Why the Media’s Fixation on the AR-15 Is Foolish To listen to gun control gun proponents talk, the AR-15 is a heinous “killing machine” that needs to be banned because it gives a shooter the ability to kill more people than would otherwise be possible with a different gun. On September 16, Piers Morgan said the availability of AR-15s makes “mass shootings in America” worse. Yet Navy Yard shooter Aaron Alexis did not use an AR-15. So how was he able… View Article

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on September 19, 2013 in World News

FEMA Asks Volunteers in Colorado Flood to Stop and Go Home

FEMA Asks Volunteers in Colorado Flood to Stop and Go Home A volunteer group who was helping in the rescue efforts with the Colorado flood have been forced by FEMA to stop and go home. FEMA even threatened the group with arrest when they wanted to carry on their efforts anyway. Tech Dirt reported that: A local company, Falcon UAV, makers of special drones which are built for the government, approved by the FAA, and specialize in using GPS and cameras to generate highly accurate maps, started helping to map the damage with those drones. It was basically making very… View Article

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