• Tag Archives Police
  • ‘Not Guilty’ Cop’s City Just Agreed To Pay Philando Castile’s Family $3 Million

    After the not guilty verdict in the manslaughter case against Jeronimo Yanez, the cop who fatally shot Philando Castile, the family of slain man was in pain for the justice they never received. But the cop who ‘didn’t do anything wrong’ has now been fired from the police force and the city of St. Anthony has reached a $3 million settlement with Castile’s family.
    The taxpayers are now on the hook for the police shooting of Philando Castile. As if stealing their money and using it to pay the salary of cops who snuff out the life of civilians isn’t enough, St. Anthony is making sure the taxpayers take the punishment for Yanez’s horrible lapse in judgment. Philando Castile’s family did deserve money, and they also deserved justice, but the cop who killed him should be responsible, not the taxpayers. Unfortunately, this is everything that’s wrong with the government in a nutshell.

    This post was published at The Daily Sheeple on June 26, 2017.

  • Week in Review: June 24, 2017

    While the Federal Reserve is desperate to depict an optimistic vision for the global economy, their fellow central bankers aren’t buying it. Earlier this week Mark Carney of the Bank of England shutdown talk of the BOE possibly following the Fed’s lead in raising interest rates. Meanwhile, as Fed officials are openly worrying about whether technological advances are undermining their misguided war against deflation, the ECB is desperately looking for people to blame if Europeans begin to feel the pain from rising prices.
    On Mises Weekends, Jeff is joined by Dr. Ed Stringham, a Mises associated scholar and the author of the book Private Governance. More and more Americans are waking up to the reality that the US criminal justice system is hopelessly broken, riddled with bad incentives and bad actors. In the wake of recent police shootings Jeff and Ed discuss how and why private security firms could create vastly better outcomes for crime victims, society, and even perpetrators. This is a fascinating discussion you won’t want to miss.

    This post was published at Ludwig von Mises Institute on June 24, 2017.

  • Since Seattle Placed A Tax On Guns And Ammunition, The City’s Violent Crime Rate Has Increased

    In recent years, Seattle has developed a reputation for passing asinine laws. Recently the city tried to increase taxes on diet soda, because the drink is more popular among white people. In the past they’ve allowed 6th graders to receive IUDs without parental consent, and have enlisted garbage men to snoop through residential trash in search of compost that is illegal to throw out. Seattle was also the first American city to pass a $15 minimum wage law, which promptly hurt low wage workers.
    So it’s no surprise that sometimes the city passes laws that backfire in very predictable ways. In 2015 Seattle tried to place a tax on gun and ammunition purchases, in an effort to curb some of the costs the city pays for gun violence. However, these taxes didn’t have the desired effect.
    Seattle City Councilman Tim Burgess introduced the tax in 2015. It puts a $25 tax on every firearm sold in the city and up to 5 cents per round of ammunition. The measure easily passed and took effect January 1, 2016. Comparing the first five months of 2017 with the same period before the gun tax went into effect, reports of shots fired are up 13 percent, the number of people injured in shootings climbed 37 percent and gun deaths doubled, according to crime statistics from the Seattle Police Department.

    This post was published at shtfplan on June 21st, 2017.

  • “Brazil Now Facing A Major Crisis”: Police Says It Has Evidence President Temer Received Bribes

    Update: and right on time, the Brazilian house speaker confirmed that the worst case scenario – for Temer – is on the table:
    Almost exactly one month after Brazil’s stock market crashed, and the Real plunged after the country’s never-ending political drama made a triumphal return following accusations that president Michel Temer had encouraged a “hush money” bribe to former House Speaker Eduardo Cunha in return for not getting dragged into the Carwash scandal, on Tuesday afternoon, Brazil’s federal police force said it has found evidence that the embattled president received bribes to help businesses, Brazil’s O Globo reported.

    This post was published at Zero Hedge on Jun 20, 2017.


    A North Miami police commander was fired on Wednesday after an internal affairs investigation concluded he hindered an investigation into a police-involved shooting and misled the North Miami police chief.
    The commander, Emile Hollant, was in a position of authority last year when fellow officer Jonathan Aledda, a member of the department’s SWAT team, shot a group home therapist named Charles Kinsey, striking him in the leg. Kinsey was reportedly following police orders and pleading with officers not to shoot just before the incident.
    Kinsey had been attempting to help Arnaldo Rios, a severely mentally impaired 27-year-old man and one of Kinsey’s patients at a nearby group home, who had police called on him for sitting in the middle of the road.
    When police arrived at the scene, Kinsey was sitting next to Rios, trying to convince him to get out of the road. A silver toy truck Rios had in his hand was mistaken by officer Aledda for a weapon, prompting him to fire at Rios, but he missed and hit Kinsey, who fortunately survived with a minor injury.

    This post was published at The Daily Sheeple on JUNE 20, 2017.

  • Gangsters, Grandmothers and Gold: Japan’s New Crime Wave

    Sometimes the perpetrators are gangsters. Sometimes they are rather less accustomed to the criminal life. In one case, the ringleader of a middle-aged, female crime ring was said to be a 66-year-old woman.
    An old-fashioned crime is experiencing a resurgence in Japan: gold smuggling. The authorities say they are contending with a startling rise in the amount of gold being brought illegally into the country. The smugglers – an array of professional criminals and enterprising amateurs – profit by dodging import duties and taxes, in some cases worth millions of dollars. Arrests have jumped 40-fold in just a few years.
    The smuggling has gained national attention because of a spate of high-profile episodes, including a brazen gold robbery by thieves dressed as police officers; the seizure of multi-million-dollar gold cargoes from fishing boats and private jets; and the foiling of the smuggling ring the police have said was organized by a 66-year-old housewife.
    Crime rates in Japan are among the world’s lowest and have been falling further as the population ages. But some nonviolent crimes, like shoplifting or embezzlement, have remained more common than other offenses – say, murder or armed robbery.

    This post was published at NY Times

  • Anbang Just Became A “Systemic Risk”: Revenues Crash 90% As Its Chairman Is “Detained”

    As reported earlier this week, overnight Bloomberg confirmed that Wu Xiaohui, the chairman of China’s insurance conglomerate which recently made headlines in the US for nearly reaching a deal with Jared Kushner over 666 Fifth Ave., was detained by a joint team of Central Commission for “Discipline Inspection” and police for questioning. It adds that that Chinese investigators who detained Wu are carrying out a wide probe that includes looking into the sources of funding for the firm’s acquisitions overseas, possible market manipulation by insurers, and ‘economic crimes.”
    The Wall Street Journal reported earlier that investigators were seen checking whether Wu – whose fortune last year was calculated to be just over $1 billion – was involved in bribery and other economic crimes at Anbang and that Wu couldn’t be contacted for comment. As noted on Wednesday, Anbang said Wu couldn’t perform his duties for personal reasons, a story which has since been disproved.
    The authorities are said to be examining Anbang transactions including acquisitions overseas and their funding. According to Bloomberg;s sources, the probe also fits into a broader investigation of possible market manipulation by insurers, although they didn’t specifically define the term ‘economic crimes.’ The action is the result of the government’s crackdown on a sector that is “supposed to help families and companies cut their financial risks, but has recently become a hub for rampant financial speculation.”
    Yet while Wu’s fate now appears sealed, swallowed by China and unlikely to reemerge any time soon if ever, questions have emerged about the viability of Anbang Insurance Group itself, which as the NYT reported overnight, has seen its growth come to a “screeching halt” as Chinese investors who helped fund its meteoric rise no longer want to have anything to do with the politically connected company which is “no longer in Beijing’s good graces.”

    This post was published at Zero Hedge on Jun 15, 2017.

  • What Can We Learn from Japanese Gangsters?

    If government regulations are squeezing your business, and you want to avoid the risk inherent in the mainstream financial system, what do you do?
    Buy gold!
    This is true even if your business is – shall we say – not completely above board.
    In fact, Japanese organized crime is reportedly turning to gold as its traditional revenue streams are squeezed by stepped-up law enforcement. Deutsche Welle reports gold smuggling and theft have risen sharply, particularly in southern Japan.
    Obviously, we don’t want to get involved in organized crime, but can we learn something from these Japanese gangsters?
    Jake Adelstein is an expert on Japan’s underworld. He said the country’s organized crime groups, known as ‘yakuza’ have found gold to be a lucrative income stream in recent years. The sudden surge in gold smuggling provides evidence of this trend. Japanese customs detected only eight attempts to smuggle gold into the country in in 2014. That number increased to 294 last year.
    Gangs across the country are desperate for new sources of income after the police began a crackdown on their more traditional sources of income around five years ago. In years gone by, the ‘yakuza’ earned their living largely from extortion and protection rackets, but the new legislation has effectively eliminated those revenue streams. So they have been casting around for a new way of making a living, and the gangs that are dominant in southern Japan have clearly recognized the opportunities that lie in gold.’

    This post was published at Schiffgold on JUNE 6, 2017.

  • Gold and Silver ETF Demand Lacking as Prices Jump, Yuan Leaps vs. Dollar

    Gold prices jumped to new 7-week highs at $1291 per ounce on Tuesday, again testing the 6-year downtrend line in place since the metal’s 2011 record highs as Western stock markets fell with longer-term interest rates.
    After the ISM Prices Paid measure of inflation in manufacturing costs “tanked” in Friday’s report for May, 10-year US Treasury yields today fell again to post-Trump election lows of 2.15%.
    Crude oil also extended its drop despite the “freezing out” of Qatar by other Gulf states over what Saudi Arabia and now US President Trump call the “funding of radical ideology.”
    British police meantime said they and the MI5 security service had one of Saturday night’s 3 suicide-murderers in London Bridge under close surveillance back in 2015 when he appeared on a national TV documentary entitled The Jihadi Next Door.
    “Gold is not just for turbulent times, it has been a good source of returns over the last 10, 20 and 30 years,” said former UBS and then Paulson & Co. strategist John Reade, now chief market strategist for the mining-backed World Gold Council, at the Asia Pacific Precious Metals Conference in Singapore.

    This post was published at FinancialSense on 06/06/2017.

  • Terrorist attacks see Gold Stay Firm

    A summer evening on London Bridge and in Borough Market ended in terror on Saturday as attackers killed seven people and injured 48.
    This is the second terrorist attack on British soil in less than two weeks and the the third this year. The attack was immediately labelled as a terrorist attack. In the hours that followed police arrested a further 12 people who were suspected of having links to the horrendous incident.
    As was seen following the Manchester attack there has been a slight uptick in risk aversion over night. This morning the British pound slipped in Asian trading, both the Yen and gold have retained earlier gains. After dropping 0.7 percent last week the dollar index did edge higher earlier but remains close to 96.654, its lowest since the US election results.

    This post was published at Gold Core on June 5, 2017.

  • Chinese Workers “Disappeared” While Investigating Ivanka Trump Brands

    Chinese police are cracking down on labor activists attempting to expose sweatshop-like working conditions at a local factory that manufactures shoes for Ivanka Trump’s label. One activist working on the campaign has been detained, while two others have disppeared, and are presumably in police custody, according to Western media reports.
    Hua Haifeng, Li Zhao and Su Heng, who were working undercover under the direction of New York-based workers’ rights organization China Labor Watch, have been unreachable by phone over the weekend, Li Qiang, the founder of the advocacy group, told Bloomberg. The three men had been investigating labor conditions at factories that produce shoes for Ivanka Trump’s brand and other Western brands. A picture of Zhao, published in the WaPo, can be seen below:
    Local police contacted Hua’s wife by phone Tuesday afternoon and told her that he’d been detained for ‘illegal eavesdropping,’ Bloomberg reported.
    The factory, operated by shoe manufacturer Huajian Group and located in the southeast province of Jiangxi, is one of 15 that supposedly makes shoes for the brand founded by President Donald Trump’s eldest daughter, Bloomberg reported. In a letter sent to Ivanka Trump in April, the group alleged several labor violations at two of these factories, including that employees were forced to work at least 12 1/2 hours a day for wages below China’s legal minimum, a pay rate equal to about $1 an hour, Bloomberg said.

    This post was published at Zero Hedge on Jun 1, 2017.

  • Stocks and Precious Metals Charts – Swing Fever

    Swing Kids – The Swing Kids (German: Swingjugend) were a group of jazz and swing dance fans in Germany in the 1930s, primarily in the port city of Hamburg and Berlin. They were 14 to 21-year-old boys and girls. They admired the British and American youth culture, defining themselves with swing music as opposed to the National-Socialist fashions and behaviours, especially those of the Hitler Youth (German: Hitlerjugend).
    Their dress consisted of long, often checked English sports jackets, shoes with thick light crepe soles, showy scarves, Anthony Eden hats, an umbrella on the arm whatever the weather, and, as an insignia, a dress-shirt button worn in the buttonhole, with a jeweled stone. The girls too favored a long overflowing hair style. Their eyebrows were penciled, they wore lipstick and their nails were lacquered.
    The Swingjugend rejected the Nazi state, its ideology and uniformity, its militarism, the ‘Fhrer principle’ and the conformity of the Volksgemeinschaft (people’s community). They rebelled against all this restriction of personal freedoms with jazz and swing, which stood for a love of life, self-determination, non-conformism, freedom, independence, liberalism, and internationalism.
    On 18 August 1941, in a brutal police operation, over 300 Swingjugend were arrested. The measures against them ranged from cutting their hair and sending them back to school under close monitoring, to the deportation of the leaders to concentration camps. The boys went to the Moringen concentration camp while the girls were sent to Ravensbruck. This mass arrest encouraged the youth to further their political consciousness and opposition to National Socialism. They started to distribute anti-fascist propaganda. In January 1943, Gnter Discher, as one of the ringleaders of the Swing Kids, was deported to the youth concentration camp of Moringen.

    This post was published at Jesses Crossroads Cafe on 30 MAY 2017.

  • Manchester Attack Sees Asian Stocks Fall, Gold Firm

    The appalling attack in Manchester overnight in which over 22 people have been killed has led to a slight uptick in risk aversion in markets.
    Investors are cautious after police said they were treating a bombing at a concert in the Manchester Arena as a ‘terrorist incident’.
    Asian stocks gave up gains after the attacks and European indices had a subdued start.
    Gold rose in the aftermath of the attacks to three week highs prior to giving up some of the gains by mid morning trading.

    This post was published at Gold Core on May 23, 2017.

  • Private Equity Sets Its Sites On A New Funding Victim: Mom-And-Pop 401(k)s

    After laying ruin to the defined-benefit pension plans of public and private employees over the past several decades, Wall Street has its sites set on its next victim: mom-and-pop 401(k)s. Sure, because as our recent headlines confirm, wall street money managers have worked wonders for public/private pension funds:
    Are Collapsing Pensions “About To Bring Hell To America”? How Chicago’s Largest Pension May Run Out Of Cash In As Little As 4 Years NY Teamsters Pension Becomes First To Run Out Of Money As Expert Warns “Pension Tsunami” Is Coming Dallas Police Pension On Verge Of Collapse As Record Number Of Cops Seek Full Withdrawals Alas, with companies increasingly opting for defined-contribution retirement plans (401k’s) in-lieu of defined benefit plans, combined with the trillions of dollars of losses that wall street has racked up for the nation’s largest pensions, it’s no wonder that ‘millionaire, billionaire, private jet owners’, like Stephen Schwarzman of Blackstone, are looking to get their ‘fair share’ of fees from America’s $4.8 trillion in 401(k) assets.

    This post was published at Zero Hedge on Apr 20, 2017.

  • Two Teens Charged in Craigslist Gold Scam

    Two 17-year-old high school school students allegedly raked in nearly $60,000 selling fake gold bars on Craigslist, underscoring the importance of buying gold and silver from a reputable dealer.
    Police in Bend, OR, arrested Robert Yelas Jr. and Caleb Knight on March 21, after they caught on to the scam. Investigators called Yelas the mastermind behind the online criminal enterprise. Police say the teens bought fake gold bars from aliexpress.com, an online retailer owned by Chinese e-commerce giant Alibaba. The counterfeit bars were packaged to look like they came from the Royal Canadian Mint and Perth Mint. According to the The Bulletin, Yelas netted as much as $22,000 in one sale. He reportedly used some of the money to buy cars, including a Mercedes and an F250 pickup.
    According to court documents, Yelas said after connecting with potential customers through Craigslist, he arranged the sales via email and text message, and usually sent Knight to complete the transactions in person.

    This post was published at Schiffgold on APRIL 17, 2017.

  • The IRS Now Has Moved Beyond Extortion To Outright Theft While the Police Rob Americans Blind

    People need to realize what government is. It isn’t there to protect you. All government really is is a criminal enterprise that is the most successful one in each geographical jurisdiction.
    The only difference between the mafia and government is size. And the IRS is just the largest protection racket in the US.
    If you pay the IRS its ‘protection money,’ which they call taxes, they won’t kidnap you and put you into a rape camp. That’s the ‘protection.’
    But now the US government is so bankrupt financially and morally that it is going beyond an outright mafia operation to straight up robbing people.

    This post was published at Dollar Vigilante on April 13, 2017.


    On Sunday, a man was dragged off United Airlines Flight 3411 by police while other passengers looked on in horror and disbelief.
    A few passengers recorded the incident.
    Here’s a video, in case you missed it:

    This post was published at The Daily Sheeple on APRIL 11, 2017.

  • Dallas Major Rejects Taxpayer Bailout of Public Employee Pension Fund

    Since the middle of 2016, the city of Dallas has been dealing with a Texas-sized problem for one of its public employee pension funds. Specifically, the Dallas Police and Fire Pension System was so at risk of becoming insolvent that the city’s retired firefighters and police officers were effectively conducting a run on the bank, so to speak, by using a policy that permitted them to cash out their pensions in lump sum withdrawals.
    Back in December 2016, Dallas’ city government acted to stop the retired public employees’ run on the pension fund by eliminating the policy that allowed them to withdraw the balance of their pensions accounts to protect their wealth. Unfortunately, the problems for the city of Dallas didn’t end there, because the risk of insolvency for the city’s troubled Police and Fire Pension System wrecked the city’s credit rating, making it more costly for it to borrow money to fund improvements in its public infrastructure and other public programs.
    To fix both problems, the city’s leaders were looking to potentially hike the municipal property tax rates that it imposes on Dallas residents by as much as 130% of their 2016 levels.

    This post was published at FinancialSense on 04/06/2017.

  • Dallas Mayor Pulls Support For “Massive Taxpayer Bailout” Of Police Pension

    Dallas Mayor Mike Rawlings has finally reached his maximum willingness to throw taxpayer dollars at the Dallas Police and Fire Pension (DPFP) system and has pulled is support for a bill that, if it passes, will undoubtedly prove to be yet another futile effort to save the system from insolvency. Despite support for the original legislation introduced by Dan Flynn, chair of the pensions committee in the Texas House of Representatives, Rawlings apparently took issue with a last minute addition to the bill that would have taxpayers fund the pensions of “phantom employees” based on a target Dallas police force of 3 officers per 1,000 residents. Per ABC:
    The clause sets a baseline number of officers and firefighters. In the case of police, that’s three officers per thousand. The clause would also automatically assume that a certain level of raises given. ‘Basically you’re paying on phantom employees, not real employees,’ Rawlings said. ‘We just can’t enter into an agreement with that degree of commitment for the city. No business would do it this way. We cannot find another pension fund in American where someone pays into a fund based on future employees. It’s just not done and it should not start here in the State of Texas.’
    ‘This is the most taxpayer unfriendly poison pill that I’ve seen in this bill,’ he said. ‘I’m not going to swallow this pill.’
    Frankly, not wanting to spend taxpayer dollars to fund the pensions of officers that don’t even exist just seems selfish, Mike!

    This post was published at Zero Hedge on Apr 4, 2017.

  • Banks Are Secretly Reporting Cash Transactions To The Police – Episode 1242a

    The following video was published by X22Report on Mar 30, 2017
    UK demand for gold is surging. The auto bubble has been inflated and their many signs that show its ready to pop. Q4 2016 revised to 2.1 to show Obama had a strong economy during his presidency. CBO just published a warning that the economy is approaching a fiscal catastrophe. Foreign investors are dumping Japanese bonds a record pace. Banks are secretly reporting each individual to the police when they withdraw cash.