Posts Tagged ‘Bloomberg L.P.’

California Seizes Guns from Owners and it Might Become a National Model |

March 13, 2013 Leave a comment

In California, the government is already coming for the guns.Notwithstanding the Second Amendment, rules and regulations across the United States outline certain restrictions for who can legally possess a firearm. In the state of California, factors such as a felony conviction or a history of mental health issues mean roughly 20,000 gun owners are holding onto their firearms illegally. Slowly but surely, though,





Golden State police officers are prying them away. There’s more, though: backers of the program suggest this becomes a nation-wide practice, and are asking the White House to help make it happen.“Very, very few states have an archive of firearm owners like we have,” Garen Wintemute of the Violence Prevention Research Program tells Bloomberg News. Wintemute helped set up a program on the West Coast that monitors not just licensed gun owners but also watches for any red flags that could be raised after admittance to a mental health institute or a quick stint in the slammer.


Wintemute says that as many as 200,000 people across the United States may no longer be qualified to own firearms, and in California they are making sure that number drops day by day. In one example cited in this week’s Bloomberg report, journalists recall a recent scene where nine California Justice Department agents equipped with 40-caliber Glock pistols and outfitted in bulletproof vests knocked on a suburban residence, requested to speak to a certain gun owner and then walked away with whatever arsenal they could apprehend.California Attorney General Kamala Harris seized roughly 2,000 weapons last year, reports Bloomberg, as well as 117,000 rounds of ammunition and 11,000 high-capacity magazines.


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February 22, 2013 1 comment

The Feds Want Your Retirement Accounts

American Thinker ^ | 2-22-13 | John White

Posted on Friday, February 22, 2013 8:57:57 AM by radioone



Quietly, behind the scenes, the groundwork is being laid for federal government confiscation of tax-deferred retirement accounts such as IRAs. Slowly, the cat is being let out of the bag.

Last January 18th, in a little noticed interview of Richard Cordray, acting head of the Consumer Financial Protection Bureau, Bloomberg reported “[t]he U.S. Consumer Financial Protection Bureau [CFPB] is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency’s first foray into consumer investments.


gophum (Photo credit: GunnyG1345)

” That thought generates some skepticism, as aptly expressed by the Richard Terrell cartoon published by American Thinker.

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Post-Sandy: A Man-Made Disaster – George Reisman – Mises Daily

November 14, 2012 2 comments

gophum (Photo credit: GunnyG1345)


obamadash (Photo credit: GunnyG1345)


What caused the shortages and stops them from being overcome in this way is the fact that the necessary rise in prices is illegal. It is against the law. According to a Bloomberg news release of November 9, 2012, “New Jersey law defines price gouging as an ‘excessive price increase,’ or of 10 percent or more, during a declared state of emergency.” The same news article also reports that “New York law prohibits selling goods or services for an ‘unconscionably excessive price’ during ‘abnormal disruption of the market.'”

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Judge Napolitano: Bloomberg’s Ban on Large Sugary Drinks ‘Will Never See the Light of Day’

May 31, 2012 2 comments
English: Judge recording an episode of at CPAC...

English: Judge recording an episode of at CPAC in . (Photo credit: Wikipedia)

Judge Napolitano: Bloomberg’s Ban on Large Sugary Drinks ‘Will Never See the Light of Day’rightnewz ^ | 5/31/12 | napolitanoPosted on Thursday, May 31, 2012 12:44:47 PM by Talkradio03

Judge Andrew Napolitano: Mother bloomberg is a meglomaniac if she thinks she can take away the free choices and make those choices for us. He lacks that authority under the constitution and under the laws that govern him…

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GOODBYE, AMERICA: Billionaire Facebook Cofounder Renounces Citizenship (Your taxes are not for me)

May 11, 2012 2 comments

Billionaire Facebook cofounder Eduardo Saverin is renouncing his citizenship ahead of the company’s IPO at the end of next week.

Saverin is the cofounder who got booted from the company WAY back in 2005. They made a movie about it.

His 4 percent stake is worth about $4 billion and he’s going to save a boatload on taxes with the move.

Singapore, where Saverin lives, does not have a capital gains tax.

He will have to pay an exit tax on his holdings, but it will be at Facebook’s valuation now, not after the IPO.

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Prison » Kucinich: It’s time to take our freedom back from The Fed

November 30, 2011 1 comment


Dennis Kucinich, member of the U.S. House of R...

Image via Wikipedia

Wednesday, November 30, 2011

Congressman Dennis Kucinich (D-OH), a longtime advocate for reform of the Federal Reserve, is sharply criticizing the Federal Reserve today after Bloomberg news reported that the Federal Reserve secretly committed nearly $8 trillion in support to American and international financial institutions during the 2008 bailout. Kucinich recorded a video for his website before going to the floor of the House of Representatives to call upon Congress to reclaim its Constitution primacy over monetary policy.


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Why Did Tim Geithner Hold An Undisclosed Meeting With Jon Stewart Last April?(“This basically ends any debate about whether Stewart is a comedian or a newsman.”)

November 5, 2010 1 comment

Last April, Tim Geithner held a secret, never-before-disclosed meeting with TV host Jon Stewart, according to Bloomberg, citing the Treasury Secretary‘s calendar.The reason, according to a Treasury spokesperson: “Jon Stewart is influential in America, so we took the opportunity for the two to meet and to discuss the economy.”

This basically ends any debate about whether Stewart is a comedian or a newsman. Presumably Geithner thought it important that Stewart be well-informed on aspects of policy, and Stewart felt the same way.

Excerpt Read more at …

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