(CNN) Agencies warn of possible anarchist activity at conventions
40 indicted in drug ring run from Indiana prisons
What happens in Vegas, doesn’t stay in Vegas
Judge strikes down Nevada’s ‘none’ voting option
Book on bin Laden raid coming out Sept. 11
Govt. gene sleuths stop superbug that killed 6
Study: Tattoo infections traced to tainted ink
New AIDS-like disease in Asians, not contagious
Yes, because “well-organized anarchists” is not an oxymoron and well-organized anarchist groups are never the work of the intelligence service’s agents provocateur.
Clayton -
Wheylous- I read keynsians the same as you.
You guys ready for some more laughs?
Spanish fresco restoration botched by amateur
“The once-dignified portrait now resembles a crayon sketch of a very hairy monkey in an ill-fitting tunic, he says.”
LOL
Yipee! We have 16, 358 29,061 bots guests on the forum!
Got lucky - I posted it first! See a few posts above. Silly wabbit.
Wheylous - Mine got a lol.
I know…
Social technology is one of the foundation-stones of a free society. Understanding how to cooperate in an effective manner is a pre-requisite to any advanced level of division-of-labor.
1915 Edition of Robert’s Rules of Order.
National Association of Parliamentarians.
Clayton -
USADA to strip Lance Armstrong of 7 Tour titles
Isaac could shake up security for GOP convention
SEAL who wrote bin Laden raid book identified
School: Background check was run before shootings
AP NewsBreak: Nuke agency forms special Iran team
Russia: We have Syrian guarantees on chemical arms
UK newspapers steer clear of naked Harry photos
Drought worsens in Plains, despite cooler temps
Microsoft revamps logo for 1st time in 25 years
Lennon’s killer denied parole for 7th time in NY
Study: Coverage of Obama, Romney highly negative
Great Moments in Government Regulation: How City Regulations Killed a Dream in Chattanooga
Max Keiser: Ludwig von Mises Is a Fake Austrian Economist
The Bin Laden raid exposes the Obama administration’s selective secrecy
On the Empire State Building shooting, from the Twitter: https://twitter.com/nytmetro/status/239022320683974656
Math: Johnson’s gun holds 8 bullets, used 3 on manager, leaves 5. But 9 bystanders shot.
So, apparently, the cops didn’t shoot innocent victims with their own guns; instead, they simply grazed people with friendly metal projectiles.
@Mr. Muffinburg
**[BLOOMBERG: Some victims shot 'accidentally' by police...](http://hosted.ap.org/dynamic/stories/U/US_EMPIRE_STATE_BUILDING_SHOOTING?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-08-24-11-49-15)**
Did the shooter have more than one magazine?
Yes, this is the most likely hypothesis since most shootings occur with multiple magazines and cops rarely, if ever, shoot innocent bystanders.
Clayton -
I’m just trying to figure out what happened.
It’s entirely possible that the police shot innocent bystanders by accident.
But then maybe this guy had an extra magazine and he reloaded after shooting his co-worker.
They did say he put the gun into a bag, he might’ve had more ammo in there. Just saying.
Most disgusting video Just another video on the fed:
OnCNN today:
Republicans eye a return to gold standard### Annalyn Censky
New York (CNNMoney) – Is gold money? Some Republicans think it should be.
The Republican Party is considering setting up a commission to examine the pros and cons of going back to the gold standard, according to draft documents of the party platform.
The official party platform won’t be decided until Monday, but a Republican National Committee spokeswoman confirmed the draft language to CNNMoney.
The commission harkens back to the early 1980s, when President Ronald Reagan set up a Gold Commission with the same intention. Only two members of the 17-member commission endorsed a return to the gold standard. One of them was Rep. Ron Paul, who remains an avid gold supporter.
“Now, three decades later, as we face the task of cleaning up the wreckage of the current Administration’s policies, we propose a similar commission to investigate possible ways to set a fixed value for the dollar,” the new proposal says.
It’s highly unlikely the United States would actually return to the gold standard. The country first moved away from the gold standard in 1933, and dropped it altogether in 1971. Despite support for its return by some on the political right, few mainstream economists support its reinstatement.
Federal Reserve Chairman Ben Bernanke has repeatedly expressed concerns about the idea, sometimes even sparring with Paul in Congressional hearings. Research has shown the rigid constraints of the gold standard worsened the Great Depression, he said. Gold prices can also be volatile.
Plus, there’s not enough gold in the world to support such a system, as Bernanke noted in a lecture earlier this year.
“To have a gold standard, you have to go to South Africa or someplace and dig up tons of gold and move it to New York and put it in the basement of the Federal Reserve Bank of New York and that’s a lot of effort and work,” he said.
It’s an “awful big waste of resources,” he added.
But just in case the idea does gain more traction, here are some rough calculations of what would happen to gold prices, courtesy of Julian Jessop, chief global economist for Capital Economics.
The U.S. monetary base, which includes paper bills, coins and some deposits at the Fed, is currently around $2.6 trillion. Meanwhile, the U.S. Treasury and Federal Reserve hold about 260 million ounces in gold.
That means, if the government wanted every single dollar to be swapped with gold, the price of gold would have to be $10,000 per ounce.
Of course, that’s an “extreme assumption,” Jessop notes. He points out that under another scenario, the government could simply opt to have just 15% of the money supply redeemable for gold at any given time. If that was the case, the price could be set at around $1,500 an ounce – not far from its current market value of around $1,670.
Classic.
(pay attention to the [insert derogatory term for annoyingly dumb females] starting at about 2:28. Their reaction is priceless, in a sad kind of way. And we get a bonus confirmation at the end too.)
Also on the plus side, it looks like Schiff’s gotten them to turn up the volume on his earpiece.
