Political Activists May Be Banned From San Francisco’s Public Transportation System

Political Activists May be Banned from San Francisco’s Public Transportation System (Liberty Blitzkrieg, April 30, 2013):

This article seems innocuous enough…until you keep reading.  At first it appears entirely reasonable that the BART system (Bay Area Rapid Transit) might look to ban riders for a year who act violently while using the service. However; as is becoming increasingly typical these days, what sounds reasonable at first tends to be awful upon deeper inspection.

For example, according to ABC News in San Francisco:

AB 716 won’t only target violent behavior. It can be applied to protestors who have been arrested during free-speech movements.

Read morePolitical Activists May Be Banned From San Francisco’s Public Transportation System

Ron Paul: Police Manhunt For Boston Marathon Bombing Suspect Scarier Than Attack

Related info:

BOSTON: This Is What Martial Law In The U.S. Looks Like: Americans Ordered Out Of Homes At Gunpoint By SWAT Teams (Videos & Photos):


Ron Paul: Police manhunt for Boston Marathon bombing suspect scarier than attack (Washington Times, April 29, 2013):

Former Rep. Ron Paul said the law enforcement that swarmed around Boston in the days following the marathon bombings was scarier than the actual terrorist attack.

“The Boston bombing provided the opportunity for the government to turn what should have been a police investigation into a military-style occupation of an American city,” he said on the Lew Rockwell website, Politico reported. “This unprecedented move should frighten us as much or more than the attack itself.”

The terror attacks on April 15 in Boston killed three and injured 264.

Mr. Paul, a former libertarian political candidate who served in Congress as a member of the Republican Party, said the door-to-door searches police conducted in Watertown for the bombing suspects were particularly alarming.

They reminded of a “military coup in a far off banana republic,” he said, Politico reported. “Force lockdown of a city. Militarized police riding tanks in the streets. Door-to-door armed searches without warrant. Families thrown out of their homes at gunpoint to be searched without probable cause. Businesses forced to close. Transport shut down.”

Read moreRon Paul: Police Manhunt For Boston Marathon Bombing Suspect Scarier Than Attack

20 Signs That The Next Great Economic Depression Has Already Started In Europe

20 Signs That The Next Great Economic Depression Has Already Started In Europe (Economic Collapse, April 29, 2013):

The next Great Depression is already happening – it just hasn’t reached the United States yet.  Things in Europe just continue to get worse and worse, and yet most people in the United States still don’t get it.  All the time I have people ask me when the “economic collapse” is going to happen.  Well, for ages I have been warning that the next major wave of the ongoing economic collapse would begin in Europe, and that is exactly what is happening.  In fact, both Greece and Spain already have levels of unemployment that are greater than anything the U.S. experienced during the Great Depression of the 1930s.  Pay close attention to what is happening over there, because it is coming here too.  You see, the truth is that Europe is a lot like the United States.  We are both drowning in unprecedented levels of debt, and we both have overleveraged banking systems that resemble a house of cards.  The reason why the U.S. does not look like Europe yet is because we have thrown all caution to the wind.  The Federal Reserve is printing money as if there is no tomorrow and the U.S. government is savagely destroying the future that our children and our grandchildren were supposed to have by stealing more than 100 million dollars from them every single hour of every single day.  We have gone “all in” on kicking the can down the road even though it means destroying the future of America.  But the alternative scares the living daylights out of our politicians.  When nations such as Greece, Spain, Portugal and Italy tried to slow down the rate at which their debts were rising, the results were absolutely devastating.  A full-blown economic depression is raging across southern Europe and it is rapidly spreading into northern Europe.  Eventually it will spread to the rest of the globe as well.

The following are 20 signs that the next Great Depression has already started in Europe…

Read more20 Signs That The Next Great Economic Depression Has Already Started In Europe

Macro Collapse Pushes S&P 500 To New All-Time Nominal High And Close

Macro Collapse Pushes S&P 500 To New All-Time Nominal High And Close (ZeroHedge, April 30, 2013):

“Horrible” PMI, no problem; just add it to the list of macro data that has missed significantly in recent weeks. Bloomberg’s US Macro index has utterly collapse in recent weeks – now at its worst level in 7 months but apparently if good is good, bad is better, and totally shitty is absolutely awesome. It would appear the world of nominal equity index chasers is now fully cognizant that the reality of their lemming like herding is based on one simple thing (no matter how much they kick and scream and proclaim wisdom about earnings cycles, growth, margins, transformative energy, or new AAPL products) – and that is… Central Bank promises.

Plastic Bags, Tape, Broomsticks Fix San Onofre Nuclear Plant Leak (ABC 10News – Video, Photo)


Added: 29.04.2013


Watch the photo here:

Plastic bags, tape, broomsticks fix San Onofre leak (ABC 10News, April 30, 2013):

SAN DIEGO – An inside source gave Team 10 a picture snapped inside the San Onofre Nuclear Generating Station (SONGS) showing plastic bags, masking tape and broom sticks used to stem a massive leaky pipe.

San Onofre owner Southern California Edison (SCE), confirms the picture was taken inside Unit Three, but did not say when. The anonymous source said the picture was taken in December 2012.

Unit Three is the same unit that leaked radiation in January 2012.  SONGS has been shutdown since then as a precaution.

“[Staff] identified a small leak in the water box and will perform maintenance per our scheduling process,” SCE spokeswoman Maureen Brown wrote in a statement. “In the meantime, plastic is in place to direct the water from the small leak to a drain.”

“If that’s nuclear technology at work and that’s how we’re going to control leaks I think the public should know,” the inside source said.

Read morePlastic Bags, Tape, Broomsticks Fix San Onofre Nuclear Plant Leak (ABC 10News – Video, Photo)

GM Announces It Is Losing Money On Every Volt Sold, … Will Make Up For It With More Losses

Tuesday Humor: GM Announces It Is Losing Money On Every Volt Sold, Will Make Up For It With More Losse (ZeroHedge, April 30, 2013):

In what should not come as a major surprise to anyone, GM just announced that:

  • GM SAYS LOSING MONEY ON EVERY VOLT SOLD

There is good news: being implicitly funded by the US taxpayer means never admitting failure. In fact, the faster one fails, the faster one gets bailed out.

  • GM SAYS NOT GIVING UP ON VOLT

And when failure is not an option, the only other option is even greater failure. And even bigger losses.

  • GM SAYS NEXT GEN VOLT WILL BE $7,000 TO $10,000 CHEAPER

Slowly but surely everyone is figuring out that in the USSA, where making a profit is becoming increasingly impossible, the only credible business model is that of Amazon: lose lots of money but make up for it in volume.

How Much More Is Your CEO Making Than You?

How Much More Is Your CEO Making Than You? (ZeroHedge, April 30, 2013):

Three years after Congress first told the SEC that it required public companies to uncloak the details of their CEO compensation relative to his lowly employees; the ever-ready SEC has yet to implement any rules. However, in an effort to ease the tough job that the SEC has, Bloomberg has calculated ratios for the Top 250 companies in the S&P 500, based on industry-specific averages for pay and benefits for the rank-and-file (since companies don’t disclose median worker pay). The table below, of the top 50 companies (meaning highest CEO pay relative to workers), suggests it remains good to be king (and Ron Johnson just made another #1 Spot earning an estimated 1,795x the average JCP employee – money well spent…).

Read moreHow Much More Is Your CEO Making Than You?

Apple Launches $17 Billion Bond Offering: Largest Ever For Non-Financial Firm

Apple Launches $17 Billion Bond Offering: Largest Ever For Non-Financial Firm (ZeroHedge, April 30, 2013):

And there it is. Moments ago Bloomberg disclosed the final terms of the just launched Goldman-led syndication of AAPL paper. The total size: $17 billion, which surpasses the previous record set by Roche at $16.5 billion, and makes it the biggest corporate bond synidcation in history. The breakdown:

  • $1B 3Y FRN LAUNCH AT 3ML + 5 BPS
  • $1.5B 3Y FIXED NOTES LAUNCH AT + 20 BPS
  • $2B 5Y FRN LAUNCH AT 3ML+25 BPS
  • $4B 5Y FIXED NOTES LAUNCH AT + 40 BPS
  • $5.5B 10Y FIXED NOTES LAUNCH AT +75 BPS
  • $3B 30Y DEBT LAUNCHES AT +100 BPS

30 Year paper in a tech company whose market cap has fluctuated by roughly $500 billion in the past year, and yielding just under 4%?

Sold to you.