By Agence France-Presse
Saturday, July 7, 2012 9:03 EDT
NEW YORK — The harsh light of the Libor rate-fixing scandal has crossed the Atlantic, with both Citigroup and JPMorgan Chase saying regulators and investigators have requested information from them in a so-far preliminary probe of the case.
Share prices for both — as well as Bank of America, which has not said if it was asked for information — have fallen sharply this week amid worries they could be in line for the type of heavy fines laid on Britain’s Barclays Bank, at the center of the scandal.
I call it a "Reverse Bankruptcy", instead of revaluing the debt nominally you devalue the currency proportionately to the bad debts. Two words, "Hard Assets".
Paul Brodsky: Central Banks Are Nearing The 'Inflate Or Die' Stage
[The John Galt line this is not.]
California passes $8 billion high-speed rail bill
Legislation will fund first 130-mile stretch of $68 billion project
By Chris Megerian - Saturday, July 7, 2012
By a bare majority, the California state Senate voted Friday to approve initial construction on the state’s $68 billion high-speed rail project, ending months of intense lobbying and uncertainty in the Legislature.
We can now share the work that has been going on behind the scenes in New Hampshire. Please support Sheriff Christopher Conley any way you can. Also share this with your own Sheriffs and help expose the massive banking fraud that is destroying our Republic.
Dear Ron Paul Army,
Despite what you may have heard, the Massachusetts delegates have not acquiesced or capitulated, we have just been crouched ready to strike! That time is now and we need your help!
Here is what you can do:
1- we have a change.org petition to restore the MA delegates and count the provisional ballots. Please sign it and share it with everyone you know!
2- please like and share the article, and ask friends to repost:
3- like the article about it:
4 - retweet:
and please ask Ron Paul groups to do the same!
Nebraska's state Republican Party will tighten security at its annual convention in preparation for expected trouble from Ron Paul supporters, according to a report in the Nebraska Watchdog.
The executive director of the Nebraska GOP, Jordan McGrain, told the Watchdog that "This is not going to be a free-for-all" and that the party has hired additional security at the July 14 convention for the first time in convention history.
Nearly half of delegates in two of Nebraska's counties have gone to Paul, and a Paul supporter came close to becoming chairman of the state party.
The following was in the July 6th, 2012 issue of the Austin American-Statesman letters to the editors section. Wish I had written it.
Let me get this straight. We're going to be "gifted" with a health care plan we are forced to purchase and will be fined for if we don't, written by a committee whose chairman says he doesn't understand it, passed by a Congress that hasn't read it but exempts itself from it, signed by a president who smokes, with funding administered by a treasury chief who didn't pay his taxes, to be overseen by a surgeon general who is obese and financed by a country that's broke. What could possibly go wrong?
Thanks for the upload MOX!
[This ensures we never leave Afghanistan]
By Arshad Mohammed
KABUL | Sat Jul 7, 2012
(Reuters) - Washington declared Afghanistan a major non-NATO ally on Saturday, a largely symbolic status reinforcing its message to Afghans that they will not be abandoned as the war winds down.
Secretary of State Hillary Clinton announced the decision, made by President Barack Obama, during her unannounced visit to Kabul where she met President Hamid Karzai on the eve of a major donors' conference in Tokyo which will draw pledges for aid.
read more at Reuters
- Pre-Convention Skype call from Ron Paul: http://www.ustream.tv/recorded/23973381
- One out of state person said they were not allowed in because they weren't a "Nebraska Republican." Wondering what this means for the Fish sister's live stream.
- Looks like the Fish sister live stream was able to set up ok
- Call to Order. It begins.
- Mayor's (might have been governor, not sure) speech says delegates need to elect Romney. Other speeches follow same request.
- Credentials Report: total: 323 delegates, 148 alternates (motions to amend are being heard) Initial indication is that we represent about 42% of the delegation, but this is not confirmed.
- Motion to amend Dodge County delegates being voted on. (we want this motion/amendment to pass) Tensions already. Chair doesn't look happy. Motion failed 147-200.
- Motion to strike rule 8 (Nays have it, division called) Motion failed.
- CD delegate voting begins. 2 members representing each candidate will oversee the counting. Romney has a slate. We will find out if we were able to sway any Santorum/Gingrich supporters our way with this vote. We alone don't have a majority.
- Ballots are now being counted. Results are coming in for CD. Paul secured 2 of 9 CD delegates. AL voting begins
- Voting on National Committeewoman. Still don't know outcome of AL delegates.
- Voting on National Committeeman. Matt Butler or David Kramer. Personally, I think Butler is better. Romney sweeps all 23 AL delegates.
- In recess for lunch. Will be back at 2pm CDT
- Back. Goal now is to win the alternates.
- Joyce Simmons elected National Committeewoman. David Kramer elected National Committeeman.
Fish Sister LIVE Streaming www.ustream.tv/channel/suriyahfish (They're driving 9 hours to be there. So if you're a delegate, you have NO excuse not to come. If they can put in the effort so can you.)
Second liveteam http://www.ustream.tv/channel/SuriyahFish01
Live Stream Chip-In http://libertylivestreamteam.chipin.com/nebraska-convention
NE Delegate LIVE Stream www.ustream.tv/channel/negopstream
Twitter Updates @NEGOP
As you may know, Dr. Paul just sent out an email stating that his event ".....will be the ONLY pre-Convention event at which I'll be speaking, so I hope to see you'll be able to make it."
We hope you'll make it too. As a matter of fact, when we learned he was having his own event we posted this: http://www.dailypaul.com/242552/paul-festival-plans-for-sunday
While we have been hopeful that there was a chance he would still make an appearance at our event, we now know definitively, that he will not. Of course, this is disappointing to us since we have been planning this event for many months now. But, we know first hand that he is very appreciative of our efforts and he told us he didn't want his event to interfere with ours. And of course it won't, as you can read in the above linked thread, we intend to fully support his event.
Paul Festival will provide a way, and a venue for supporters, in all our diversity, to converge on Tampa in a moment of celebration and unity with music, comedy, great speakers, and much more.
My team and I have been hard at work getting our rally ready for Tampa, and I'm happy to say things are coming together nicely!
Our theme for this event will be, "We Are the Future - A Rally for the Liberty Delegates." I'm sure it will not only be a great time, but it will also go a long way to proving you and I are the future of the Republican Party.
Has anyone else been noticing an increasing trend toward increasing Ron-Paul-friendliness in your areas? It seems like where I live, when only a month or two ago the general consensus about Dr. Paul was that he was too extreme, too radical; but now people seem to more and more be siding with his views and his supporters. They're being allowed on the local talk stations and people in general seem to be very disgusted with Mitt Romney. Almost like they'll be looking for a way out soon.
Pentagon Contractor Caught Illegally Selling Military Technology To China
JUL 6 2012, 7:28 AM ET 36
A six-year U.S. probe found that Pratt & Whitney, a key military hardware supplier to the U.S., sold China the software and engines needed to make its first-ever modern attack helicopter.
A Chinese Z10 helicopter shows off its 30 mm cannons, anti-tank guided missiles, and air-to-air missiles. (Global Security)
The Governor is ruling Nebraska with an Iron Fist and trying to crush Nebraska delegates who support Dr. Paul. Please help by commenting and let them know we will not stand for a crooked convention