Keyword: feds

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  • Starting Today, Feds Can Hack Millions Of Devices With One Warrant

    12/02/2016 4:52:37 AM PST · by Enlightened1 · 11 replies
    Zero Hedge ^ | 12/01/16 | Tyler Durden
    On Thursday, December 1, a vital Supreme Court order is set to go into effect that dramatically expands the surveillance power of federal agents.The impending alteration to Rule 41 of the Federal Rules of Criminal Procedure softens the legal requirements for obtaining search and seizure warrants that grant the government remote access to individual’s computers and phones. In the past, law enforcement was required to obtain a warrant from a judge within the jurisdiction where the proposed search was going take place.Under this new system, however, if an individual is using technology to conceal their location, the warrant is considered valid regardless of jurisdiction. A single authorization will...
  • Feds ask Louisiana to ban paddling in school

    11/30/2016 3:54:28 PM PST · by BBell · 33 replies
    NOLA.com | The Times-Picayune ^ | 11/30/16 | Danielle Dreilinger, NOLA.com | The Times-Picayune
    The federal government has cast a spotlight on corporal punishment in schools this year. Updated statistics came out this summer, and Education Secretary John B. King Jr. chose as one of his final moves to urge Louisiana Gov. John Bel Edwards, Education Superintendent John White and the leaders of 21 other states to ban paddling Nov. 22. Though all districts in metro New Orleans have abolished the practice, it's still strikingly common statewide: More than 1 in 5 Louisiana schools paddled students in the 2013-14 school year, according to federal data.Look up the schools in our database.Nationally, corporal punishment is...
  • Walgreen's $140 Million Lawsuit Shows Theranos Is Way Worse Than We Thought

    11/23/2016 11:10:50 PM PST · by CorporateStepsister · 15 replies
    Thrill List ^ | 11/23/2016, 2:58 PM | By Christina Stiehl
    <p>Theranos, the biotech company started by a 19-year-old Stanford dropout, has another hurdle to cross in its whole "we're totally a legit blood-testing company" campaign. This time, it turns out that tens of thousands of blood tests were voided, making them totally invalid. Whoops!</p>
  • Theranos's Insane Campaign To Punish Whistleblower, Who Happened To Be Famous Boardmember's Grandson

    11/21/2016 7:48:00 PM PST · by CorporateStepsister · 40 replies
    TechDirt ^ | Mon, Nov 21st 2016 5:13pm | by Mike Masnick
    We haven't really written much about the insane Theranos scandal, though we discussed it on our podcast. The whole story is pretty crazy -- involving a heavily hyped up company that appeared to basically be flat out lying to everyone about what it could do. The company still exists, but barely. The company's founder and CEO, who was plastered across magazine covers and compared frequently to Steve Jobs, has been banned from running a lab for two years, and the company is now facing a $140 million lawsuit from its biggest partner, Walgreens, who claims that Theranos repeatedly lied to...
  • Theranos and David Boies Cut Legal Ties

    11/19/2016 12:07:29 AM PST · by CorporateStepsister · 13 replies
    The Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the countrys best-known litigators since the late 1990s. He became Theranoss outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Theranos and David Boies Cut Legal Ties

    11/18/2016 11:53:04 PM PST · by CorporateStepsister · 7 replies
    Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the countrys best-known litigators since the late 1990s. He became Theranoss outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Why is Elizabeth Holmes still leading Theranos?

    11/18/2016 11:38:20 PM PST · by CorporateStepsister · 25 replies
    San Francisco Business Times ^ | Nov 18, 2016, 1:40pm PST | Ron Leuty Reporter San Francisco Business Times
    It's worth asking why Elizabeth Holmes is still leading the embattled blood testing company Theranos Inc. But there may be a good reason why she still is in charge, one that has little to do with the scandal-ridden company's performance to date. Forget what venture capitalist Tim Draper one of the first to invest in the Palo Alto company implied this week that Holmes is being attacked because she's a young, female entrepreneur. The simple fact is that Theranos has not been able to deliver on its technology from a commercial, scientific or regulatory standpoint, and that falls...
  • Theranos Whistleblower Tells All On Intimidation And Coercion Tactics Employed To Silence Him

    11/18/2016 12:05:55 AM PST · by CorporateStepsister · 26 replies
    Zero Hedge ^ | Nov 17, 2016 7:20 PM | by Tyler Durden
    2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth. And now, the Wall Street Journal has published the "tell-all" story of the whistle-blower, 26 year old Tyler Shultz, who brought the the whole Theranos farce crashing down. It's a sordid tale complete with all the expected twists and turns of a Jason Bourne thriller including intimidation, coercion and private detectives. Tyler Shultz is the grandson of George Shultz,...
  • Theranos Whistleblower Shook the CompanyAnd His Family

    11/16/2016 6:06:29 PM PST · by CorporateStepsister · 18 replies
    Wall Street Journal ^ | November 16 2016 | By John Carreyrou
    After working at Theranos Inc. for eight months, Tyler Shultz decided he had seen enough. On April 11, 2014, he emailed company founder Elizabeth Holmes to complain that Theranos had doctored research and ignored failed quality-control checks. The reply was withering. Ms. Holmes forwarded the email to Theranos President Sunny Balwani, who belittled Mr. Shultzs grasp of basic mathematics and his knowledge of laboratory science, and then took a swipe at his relationship with George Shultz, the former secretary of state and a Theranos director. The only reason I have taken so much time away from work to address this...
  • Theranos CEO Elizabeth Holmes is a victim, venture capitalist Tim Draper says

    11/16/2016 1:02:01 AM PST · by CorporateStepsister · 6 replies
    CNBC ^ | November 15 2016 | Michelle Fox | @MFoxCNBC
    Embattled Theranos CEO Elizabeth Holmes is a victim who has been "totally attacked," venture capitalist Tim Draper told CNBC on Tuesday. Holmes has been under fire since a series of reports by The Wall Street Journal suggested the blood-testing start-up's testing devices were flawed. "Elizabeth Holmes is a great example of maybe why the women are so frustrated. She is a woman entrepreneur who built a fabulous company, did great things for consumers and she got attacked," the founding partner of Draper Associates and Draper Fisher Jurvetson said in an interview with "Closing Bell." "This is a great entrepreneur who...
  • Walgreens Claims Theranos Voided 11.3% of Test Reports

    11/16/2016 12:57:38 AM PST · by CorporateStepsister · 10 replies
    Wall Street Journal ^ | Nov. 15, 2016 10:25 p.m. ET | By Christopher Weaver
    Theranos Inc. allegedly voided 11.3% of all blood-test reports that the Silicon Valley laboratory firm provided to customers of Walgreens stores through a yearslong partnership between the two companies, according to legal papers the drugstore chain filed Tuesday. Theranos, whose main lab failed an inspection by U.S. regulators earlier this year, told Walgreens in June that it subsequently voided 31,000 test reports provided to the chains customers, Walgreens said in the public version of a sealed lawsuit.
  • Walgreens Turns on Theranos in $140M Suit for Breach of Contract

    11/12/2016 2:19:03 AM PST · by CorporateStepsister · 8 replies
    Inside Counsel ^ | November 11, 2016 | By Ben Hancock
    SAN FRANCISCO Walgreens has filed a $140 million breach of contract suit against Theranos Inc., compounding the woes of the Silicon Valley-based medical device startup. The suit was filed under seal in Delaware federal court on Tuesday. It's not clear what exactly the Illinois-headquartered pharmacy chain is alleging, but the docket describes the case as a breach of contract suit with a demand of $140 million.
  • Theranos' Acting GC Faces Challenges, Opportunity

    10/31/2016 8:33:19 PM PDT · by CorporateStepsister · 6 replies
    the Recorder ^ | October 17, 2016 | David Ruiz, The Recorder
    SAN FRANCISCO Embattled biotech startup Theranos Inc. has promoted senior litigation counsel David Taylor to acting general counsel. Taylor's already got a full plate. "He's got a mess on his hands," said Hagens Berman Sobol Shapiro partner Robert Carey in Phoenix, one of many lawyers suing the blood diagnostics company for alleged consumer fraud. Carey's suit is one of six similar, separate suits consolidated in the Northern District of California. Aside from that litigation surplus, Theranos is being investigated for investor and consumer fraud by the U.S. Securities and Exchange Commission and the U.S. Department of Justice, respectively. The...
  • If Hillary Wins After Latest FBI Revelations - What Will It Mean?

    10/29/2016 7:31:16 AM PDT · by usconservative · 94 replies
    Self ^ | 10/29/2016 | USConservative
    If Hillary wins after all the new revelations from the FBI, WikiLeaks, the documented Clinton Foundation corruption --- what will it mean for the country?
  • The Feds Will Soon Be Able to Legally Hack Almost Anyone

    09/16/2016 7:29:23 AM PDT · by Behind Liberal Lines · 35 replies
    WIRED magazine ^ | 09.14.16 7:00 AM | RON WYDEN, MATT BLAZE AND SUSAN LANDAU
    the Justice Department is planning a vast expansion of government hacking. Under a new set of rules, the FBI would have the authority to secretly use malware to hack into thousands or hundreds of thousands of computers that belong to innocent third parties and even crime victims. The unintended consequences could be staggering. The new plan to drastically expand the governments hacking and surveillance authorities is known formally as amendments to Rule 41 of the Federal Rules of Criminal Procedure, and the proposal would allow the government to hack a million computers or more with a single warrant. If Congress...
  • Feds to make a ruling over politicking on the Web

    09/14/2016 5:56:05 AM PDT · by Enlightened1 · 15 replies
    A political action committee is looking to figure out whether it can safely use the Internet to support national political candidates, or whether the Federal Election Commission might seize the opportunity to impose the kind of regulations Democrats have been striving to attain. The request for an advisory opinion, filed on behalf of Citizen Super PAC, asks the FEC whether it would be permissible to email supporters of a candidate's campaign, or whether that would cross a line prohibiting coordination with candidates.
  • Feds Holding Summits for Lesbian Farmers

    08/16/2016 12:37:08 PM PDT · by PROCON · 109 replies
    freebeacon.com ^ | Aug. 16, 2016 | Elizabeth Harrington
    The U.S. Department of Agriculture is holding summits to promote the role of lesbian farmers as a part of its Rural Pride campaign. The agency is working with singer and LGBT activist Cyndi Lauper for a day of conversation about the struggles of gay and transgender individuals in rural America. The agency says its wants to change the perception of what it means to be a farmer in America away from the white, rich male. The latest summit, first reported by the College Fix, will be held on August 18 at Drake University in Iowa. The Office of the Assistant...
  • Record 600 Major Regulations Imposed Under Obama

    08/09/2016 9:24:04 AM PDT · by Cheerio · 7 replies
    Washington Free Beacon ^ | August 8, 2016 | Elizabeth Harrington
    The federal government has imposed a new major regulation every three days since President Barack Obama took office, as the administration has shattered the record for implementing regulations costing the economy $100 million or more. The Obama administration has now issued 600 major regulations, the center-right policy institute the American Action Forum noted in a recent report. One year ago, the American Action Forum (AAF) celebrated a regulatory milestone, of sorts: 500 major regulations, wrote Sam Batkins, director of regulatory policy. A major regulation has an economic impact of $100 million or more and can significantly affect prices for consumers....
  • Fed and State Raid on Union IBEW & Hillary Campaign Office

    08/07/2016 5:18:14 PM PDT · by Enlightened1 · 35 replies
    Youtube ^ | 08/06/16 | George Spencer
    Keep an eye on this one.https://www.youtube.com/watch?v=AdYAcsj5Lw0
  • Corrine Brown, the Orlando massacre, and what not to say when youre indicted by the feds

    07/13/2016 12:32:06 PM PDT · by beaversmom · 34 replies
    The Washinton Post ^ | July 12, 2016 | Amber Phillips
    <p>We at The Fix are not legal experts -- many of us went into journalism precisely because we did not want to go to law school -- so we would never presume to offer a lawmaker under indictment our thoughts on their legal strategy. But we do get paid to report on politics, so we do feel somewhat qualified to analyze the political strategy a lawmaker might embrace under those circumstances.</p>
  • Sheriff David Clarke: "War has been declared on Cops, and this is just another ugly chapter"

    07/08/2016 7:40:30 AM PDT · by Candor7 · 117 replies
    Fox News Video copied onto someone's private account on You Tube ^ | Published on July 8, 2016 | Fox News Video copied onto someone's private account on You Tube
    ( Video at link) He (Obama) didn't cause this, but you know what, he fuels this sort of misplaced anger" says Sheriff David Clarke in the aftermath of the police being targeted by deadly sniper attacks in Dallas, TX SHERIFF DAVID CLARKE: What can you say? This is horrible. Beyond belief for the American law enforcement community. I want to know -- have we heard from the cop-hater in chief yet about this? Have we heard from Mrs. Bill Clinton who threw up the hashtag #BlackLivesMatter yesterday? The extraordinary situation, the two situations in Louisiana and Minnesota, horrible no doubt,...
  • The FDA is stockpiling military weapons and its not alone

    07/02/2016 2:10:05 PM PDT · by DogByte6RER · 63 replies
    The Boston Globe ^ | June 26, 2016 | Jeff Jacoby
    The FDA is stockpiling military weapons and its not alone AMERICAS GUN CULTURE has been a subject of intense interest and controversy for years, with concerns frequently raised about shadowy militias, paramilitary extremists, and unstable zealots in possession of alarming quantities of explosives and firearms. Amid the current din over assault weapons and body armor, consider one domestic organizations fearsome arsenal of military-style equipment. In the space of eight years, the group amassed a stockpile of pistols, shotguns, and semiautomatic rifles, along with ample supplies of ammunition, liquid explosives, gun scopes, and suppressors. In its cache as well are...
  • Feds ask for 27-month delay in release of Clinton staff emails

    07/01/2016 12:47:38 PM PDT · by Enlightened1 · 23 replies
    The Hill ^ | 06/30/16 | Julian Hattem
    The Obama administration on Thursday asked a federal court to delay until October 2018 the release of 14,000 pages of emails from aides to former Secretary of State Hillary Clinton. In a court filing on Wednesday, administration lawyers said the State Department miscalculated the amount of material it would need to process the documents as part of a lawsuit with the conservative organization Citizens United. As a result, the government asked for a 27-month delay to release the emails, which were originally due out on July 21. “State deeply regrets these errors, and is working diligently to correct them as...
  • Loretta Lynch Admits That Federal Authorities Have Lost The Orlando Shooter's Wife

    06/22/2016 5:20:44 AM PDT · by Enlightened1 · 86 replies
    Zero Hedge ^ | 06/22/16 | Tyler Durden
    ccording to CNN, Federal investigators are trying to find out more specifically what Omar Mateen's wife, Noor Salman (profiled here), knew about the planned attack at the Pulse Nightclub in Orlando. The intent is to bring evidence before a federal grand jury to determine whether or not charges will be brought against Salman. As US Attorney General Loretta Lynch said today, federal authorities are going back and looking at all of the contact with Omar Mateen, as well as those around him in order find out if there is anything that was missed.However there is one rather large problem with...
  • Feds deny governor's request for emergency declaration after Pulse attack

    06/21/2016 12:28:45 PM PDT · by sheikdetailfeather · 16 replies
    WFTV ^ | 6-20-2016 | WFTV
    ORLANDO, Fla. The Obama administration denied millions of dollars in federal funding following the Pulse terror attack. Gov. Rick Scott requested an emergency declaration for $5 million to help response efforts and victims. Federal officials said the state application for emergency declaration did not demonstrate how emergency response is beyond the capability of state and local government.
  • Schock in limbo as feds still loom

    05/18/2016 1:25:39 PM PDT · by ChicagoConservative27 · 1 replies
    One year after resigning in disgrace, Aaron Schock the high-flying GOP congressman whose penchant for drawing publicity to himself was nearly unrivaled in the House of Representatives has largely disappeared from view. But federal prosecutors still have their sights on him. There have been a few random glimpses of the Illinois Republican since his abrupt departure from Capitol Hill: having dinner with his father in Peru last summer, and snowboarding with a friend in Aspen, Colorado, in February. Just this month, Schock was seen lugging his gym bag outside the Longworth House Office Building. Sources say he is...
  • Reining in a rogue bureau: CFB tells Congress on spending $216mm Why does that matter to you?

    04/13/2016 6:15:43 AM PDT · by doldrumsforgop · 10 replies
    wash times ^ | 4/12/16 | c b gray
    A federal appellate court questioned Tuesday whether the structure of the Consumer Finance Protection Bureau (CFPB) violates the constitutional separation of powers. That question has been on the minds of constitutional scholars and administrative lawyers ever since the Dodd-Frank Act brought forth this Frankenstein agency, which wields all the power and jurisdiction once exercised by seven separate agencies over great swaths of the economy, all without any meaningful oversight by the political branches. What federal agency would have the gall to answer Congress legitimate questions about its extravagant spending with the retort, Why does that matter to you? That was...
  • Utah Republicans push to strip police powers from feds

    03/17/2016 6:09:49 PM PDT · by pilgrim · 10 replies
    washingtonexaminer ^ | 03/17/2016 | Pete Kasperowicz
    Utah's four House Republicans introduced a bill Wednesday that would strip the Bureau of Land Management and U.S. Forest Service of their power to police federal lands, and give that power over to local cops. Rep. Jason Chaffetz and his three GOP colleagues from Utah introduced the Local Enforcement for Local Lands Act. The lawmakers say the growth of police authorities in both agencies has distracted them from their main mission of managing federal land, and has created conflicts with local authorities. They also say federal agents are not as trusted as local police, and should be removed. "Federal agencies...
  • Federal Funding Favors Poorer School Districts Like Detroit

    03/08/2016 6:10:42 AM PST · by MichCapCon · 14 replies
    Michigan Capitol Confidential ^ | 3/4/2016 | Tom Gantert
    While Detroit Public Schools and 15 of its schools now under a form of state receivership accounted for 3.5 percent of the states student population in 2014-15, they claimed 26 percent of the federal money sent to Michigan schools in the largest grant program for children in poverty. Most federal money to schools is targeted at helping meet the needs of children from low-income backgrounds. And sometimes lost in the ongoing debate over school funding is how much poor communities benefit from federal money compared with wealthier ones. Rick Joseph, the Michigan Teacher of the Year, wrote a column this...
  • Feds 'Passive' About Policing Obamacare Fraud, Report Finds (Pelosi knew)

    02/25/2016 2:32:20 AM PST · by Libloather · 2 replies
    NBC News ^ | 2/24/16
    With billions in taxpayer dollars at stake, the Obama administration has taken a "passive" approach to identifying potential fraud involving the president's health care law, nonpartisan congressional investigators say in a report due out Wednesday. While the Government Accountability Office stops short of alleging widespread cheating in President Barack Obama's signature program, investigators found that the administration has struggled to resolve eligibility questions affecting millions of initial applications and hundreds of thousands of consumers who were actually approved for benefits. The agency administering the health law - the Centers for Medicaid and Medicare Services - "has assumed a passive approach...
  • The Death of Robert Finicum Near The Standoff in Oregon Needs A Special Investigation

    01/28/2016 4:58:31 PM PST · by Stayfree · 66 replies
    Self | January 28, 2016 | Stayfree
    The execution of Robert Finicum by some government thugs needs to be investigated immediately by third parties. The family of this murdered man needs legal counsel to get take control of this situation, have the body autopsied and witnesses interviewed now before the government has a chance to cover up what happened.
  • Feds Grabbing Power Prosecuting 'The Creek' - Colorado City & Hildale

    01/25/2016 7:03:43 AM PST · by CharlesOConnell · 19 replies
    Freep | 1/25/2016 | Charles O'Connell
    You don't have to be a supporter of Warren Jeffs to object to the Federal Government prosecuting "The Creek" - Colorado City and Hildale, for denying basic municipal services to non-believers of the Fundamentalist LDS. Their personal crimes will be punished eventually. Why don't the feds go after the criminal governments of Flint and Chicago?
  • Feds Want to Lower Legal Driving Limit to One Drink

    01/15/2016 6:57:30 AM PST · by Cheerio · 32 replies
    Free Beacon ^ | January 15, 2016 | Elizabeth Harrington
    The National Transportation Safety Board wants to decrease the legal driving limit to one drink, lowering the legal limit on blood-alcohol content to 0.05 “or even lower.” The agency released its “most wanted list” on Wednesday, a laundry list of policies it would like implemented nationally. The list includes recommendations to reduce the current 0.08 blood alcohol content limit and outlaw all cell phone use while driving, even hands-free technology. “When it comes to alcohol use, we know that impairment begins before a person’s BAC reaches 0.08 percent, the current legal limit in the United States,” the agency said. “In...
  • Golden Hammer: Feds Spending Millions to Arm Agencies that Don't Need Guns (EPA, FDA, VA, etc.)

    01/09/2016 4:01:44 PM PST · by DogByte6RER · 37 replies
    The Washington Times ^ | Thursday, January 7, 2016 | Kellan Howell
    <p>As the U.S. engages in a national debate over the militarization of the police, federal data shows that government agencies charged with largely administrative roles are spending tens of millions of taxpayer dollars to purchase SWAT and military-style equipment.</p> <p>Since FY 2006, 44 traditionally administrative agencies have spent over $71 million on items like body armor, riot helmets and shields, cannon launchers and police firearms and ammunition, according to federal spending data from watchdog group OpenTheBooks.com.</p>
  • New York Magazine’s Chait ‘Votes’ For Oregon Militia Members To Be ‘Killed’

    01/04/2016 9:01:42 AM PST · by rktman · 56 replies
    breitbart.com ^ | 1/4/2016 | John Nolte
    Don’t confuse this as a defense of the Bundy family or their team of armed militia members who have occupied an abandoned building located on a federal wildlife preserve in Oregon. Any rational-thinking American should be horrified at the amount of land the federal government has confiscated, especially in the American West, but once you use or threaten violence to further a cause, you have lost me. Their cause is just. Their methods are appalling and un-American. Also un-American is Jonathan Chait of New York Magazine openly hoping these militia men end up dead.
  • Feds Spend $107,379 Studying Disgust

    10/27/2015 6:52:20 PM PDT · by Tolerance Sucks Rocks · 23 replies
    The Washington Free Beacon ^ | October 27, 2015 | Elizabeth Harrington
    The National Institutes of Health (NIH) is spending over $100,000 studying disgust, hypothesizing that all bullying behavior begins with feelings of revulsion.Researchers at Columbia University want to see if they can “successfully regulate” disgust emotions in teens in order to stop bullying.“Whether it’s being the victim, being the perpetrator, or having to watch this upsetting cycle of peer rejection and victimization, few adolescents are unaffected by bullying’s harmful impact,” a grant for the project states. “This effect can last long past adolescence, as both being the bully and being the victim are linked to the development of both short- and...
  • Feds Spend $1.1 Million Studying the Freshman 15

    10/22/2015 12:18:19 PM PDT · by Tolerance Sucks Rocks · 19 replies
    The Washington Free Beacon ^ | October 21, 2015 | Elizabeth Harrington
    The National Institutes of Health (NIH) has spent over $1.1 million studying the freshman 15, trying to determine whether friends influence their college peers to eat more.Sen. Rand Paul (R., Ky.) highlighted the project as an example of wasteful spending, calling out the agency for studying a myth invented by Seventeen magazine.The freshman 15 is an old legend around college campuses; the idea that new college students, away from home and confronted with a campus food service smorgasbord tend to put on a few extra pounds, Pauls latest edition of The Waste Report reads. Well the National Institutes for Health...
  • Stocks Are Getting Slammed (After Fed Does Nothing)

    09/18/2015 4:53:40 AM PDT · by blam · 11 replies
    BI ^ | 9-18-2015 | Myles Udland
    Myles UdlandSeptember 18,2015 Good morning! It's the morning after the Fed's big meeting where they decided to keep interest rates pegged near 0%, and after a wild swing on Thursday that saw stocks ultimately end the day lower, futures on Friday morning were pointing to a lower open to close the week. Near 7:00 am ET on Friday, Dow futures were off about 175 points, S&P 500 futures were off 20, and Nasdaq futures were down 45. Each of these declines were about 1%. FinViz And while stocks were sliding, bonds were rallying as the yield on 2-year note, which...
  • Govt Accuses Company Of Discrimination Over Employees Having To Prove Citizenship Status

    09/04/2015 4:50:03 PM PDT · by Enlightened1 · 27 replies
    The Washington Free Beacon ^ | 09/03/15 | Joe Schoffstall
    The Department of Justice has accused a business of discrimination due to the company requiring employees to show proof of citizenship for employment. The DOJ claims that Nebraska Beef Ltd., a Nebraska-based meat packing company, required non-U.S. citizens, but not similarly-situated U.S. citizens, to present specific documentary proof of their immigration status to verify their employment eligibility. After receiving pressure from the government, Nebraska Beef agreed to pay $200,000 in a civil penalty settlement and said they will establish an uncapped back pay fund for people who lost wages because they could not prove they are in the country legally....
  • The Weekend Is Over, And We're Tumbling Again

    08/30/2015 9:00:45 PM PDT · by blam · 22 replies
    businessinsider.com BI ^ | 8-30-2015 | Sam Ro
    Sam RoAugust 30,2015US futures are trading in the red, signaling more volatility for the US stock markets when they open on Monday Dow futures are down 177 points, S&P futures are down 22 points, and Nasdaq futures are down 46 points. This follows what's being interpreted as hawkish comments from Stanley Fischer, Vice Chairman of the Federal Reserve. "Given the apparent stability of inflation expectations, there is good reason to believe that inflation will move higher as the forces holding down inflation dissipate further," Fischer said on Saturday during a panel at the Kansas City Fed's Economic Symposium in Jackson...
  • LARRY SUMMERS: 'Raising Rates Risks Tipping Some Part Of The Financial System Into Crisis'

    08/24/2015 6:24:10 AM PDT · by blam · 14 replies
    BI ^ | 8-24-2015 | Myles Udland
    Myles Udland August 24, 2015Larry Summers, who was very nearly chairman of the Federal Reserve, thinks there is almost no reason for the Fed to raise rates right now. Writing in The Financial Times on Monday, Summers argues that the Fed will be risking setting off a financial crisis by electing to raise rates at some point this year, as it has made clear it plans to do. Here's the heart of Summers' impassioned case against the Fed doing anything: There may have been a financial stability case for raising rates six or nine months ago, as low interest rates...
  • EPA Fails to Acknowledge It Coerced Mine Owner to Grant Access

    08/16/2015 8:03:45 AM PDT · by Rusty0604 · 77 replies
    Breitbart ^ | 08/16/2015 | by Michael Patrick Leahy
    The Environmental Protection Agency isnt responding to claims by Todd Hennis, owner of the Gold King mine in Colorado that the agency coerced him to grant access to his property. Once taking over, of course, EPAs incompetent attempts to remove debris created a massive 3 million gallon toxic waste spill from the mine. Hennis told the CBS Denver affiliate that unless he allowed the EPA to have access and authority to conduct operations on the site the agency had threatened him with daily fines of $35,000. When youre a small guy and youre having a $35,000-a-day fine accrue against you,...
  • Federal agents to embed with Baltimore homicide cops (federalization of police begins)

    08/03/2015 9:21:44 AM PDT · by Enlightened1 · 18 replies
    The Baltimore Sun ^ | 08/03/15 | Colin Campbell
    Following the recent spike in violent crime, Baltimore's Interim Police Commissioner Kevin Davis announced at a press conference Sunday morning the establishment of BFED, where federal agents from FBI, ATF, DEA and other agencies will be embedded in the Baltimore homicide unit. (Colin Campbell/Baltimore Sun video
  • Feds going door to door to seize illegal immigrants Obama amnesty approvals

    07/15/2015 10:21:06 PM PDT · by Nachum · 41 replies
    Washington Times ^ | 7/15/15 | Stephen Dinan
    Goosed into action by an angry federal judge, federal immigration authorities will go door-to-door demanding illegal immigrants return the three-year amnesty approvals the Obama administration issued to them in defiance of a court order. Those who dont return their three-year permits will have them terminated at the end of this month, the National Immigrant Justice Center, one of the advocacy groups briefed on authorities plan, said in a statement preparing immigrants for what could be a traumatic encounter. The move comes as Homeland Security officials, fed up with slow-walking by illegal immigrants, are finally playing hardball after months of less...
  • EPA Eyeing That Saturday Afternoon BBQ at the Park

    07/06/2015 12:31:31 PM PDT · by MichCapCon · 33 replies
    Michigan Capitol Confidential ^ | 7/1/2015 | Jack Spencer
    A resolution in the Michigan Senate sounds the alarm that the U.S. Environmental Protection Agency could soon be meddling with how outdoor barbecue-loving Americans prepare their food. Senate Concurrent Resolution 14 expresses opposition to EPA efforts to acquire a study that could lead to regulations on outdoor grills and barbecues. The EPA has commissioned a study intended, "To perform research and develop preventative technology that will reduce fine particulate emissions (PM2.5) from residential barbecues. This technology is intended to reduce air pollution as well as health hazards in Southern California, with potential for global application." Sen. Phil Pavlov, R-St. Clair,...
  • Feds: West Side drug dealer had customers lined up around the corner (Chicago)

    06/26/2015 4:26:53 PM PDT · by Beave Meister · 12 replies
    Chicago Sun TImes ^ | 6/24/2015 | JON SEIDEL
    James Triplett had his customers lined up around the corner in broad daylight, the feds say. Not for concert tickets. Not for iPhones. For heroin. Now 42 people are facing state or federal drug charges for their alleged roles in supplying and distributing heroin around West Grenshaw and Independence in the North Lawndale neighborhood on the West Side. Among them is the 33-year-old Triplett, also known as Trell, who authorities said controlled the drug market in the area. Investigators even included a photo in a federal criminal complaint spanning more than 200 pages. They said the photo depicts a line...
  • Pernicious Low Tech Issues In Healthcare

    06/05/2015 8:55:31 AM PDT · by Oldpuppymax · 1 replies
    Coach is Right ^ | 6/5/15 | Michael D. Shaw
    A wildly disproportionate amount of what is proposed for healthcare reform involves technical matters. Ten years ago, the pundits assured us that the forced adoption of electronic health records would save billions and revolutionize health care. Unfortunately, EHRs have cost billions, are almost universally despised by providers, and are responsible for thousands of errorssome of which have proved to be fatal. The situation is bad enough that even the clueless Feds have decided to back off on some of their more onerous EHR requirements, at least temporarily. Other voices have suggested that the answer lies in drug discovery, massively expanded;...
  • IMF Panics - Slashes US Growth Forecasts, Demands Fed Stay On Hold For Another Year

    06/04/2015 10:54:11 AM PDT · by blam · 7 replies
    Zero Hedge ^ | 6-4-2015 | Tyler Durden
    Tyler Durden 06/04/2015 09:41 -0400 Anxiety over financial stability and shadow banking risks appear to have force Christine Lagarde and her fellow extrapolators to hit the panic button: *IMF CUTS U.S. 2015 GROWTH FORECAST TO 2.5% FROM 3.1% *FED SHOULD WAIT FOR TANGIBLE SIGNS OF WAGE, PRICE GAINS: IMF *DOLLAR `MODERATELY OVERVALUED,' CURBING U.S. GROWTH, JOBS: IMF *IMF URGES FED TO DELAY FIRST RATE INCREASE UNTIL 1H 2016 Adding that they viewed the Dollar as "moderately overvalued" and any more appreciation would be "harmful," it seems global disinflationary pressures have left the IMF no choice but to say publicly what...
  • Education Secretary: Parents Who Opt Out Of Common Core are Racist Feds Will Step In If Opt

    04/25/2015 10:05:42 PM PDT · by Nachum · 64 replies
    Conservative Treehouse ^ | 4/25/15 | Sundance
    Education Secretary Arnie Duncan is reminding parents in America that all your children belong to them. In a not-so-very veiled threat Secretary Duncan states the Federal Government will step in if parents continue to opt their children out of Common Core testing. (Via Doug Ross Journal) Secretary of Education Arne Duncan issued a veiled threat to the parents and students who choose to opt out of Common Core testing The Feds have an obligation to step in. Federal law, under No Child Left Behind, requires 95 percent of students in a state to take the annual standardized tests in...
  • Feds to Weigh Children in Daycare

    03/20/2015 1:27:05 PM PDT · by Nachum · 38 replies
    Free Beacon ^ | 3/20./15 | Elizabeth Harrington
    Bureaucrats from the U.S. Department of Agriculture (USDA) will weigh and measure children in daycare as part of a study mandated by First Lady Michelle Obamas Healthy Hunger-Free Kids Act. The agency published a notice in the Federal Register on Friday proposing data collection on what meals are served in professional and home daycare facilities and how much physical activity children perform. Aside from assessing how healthy the food in daycare is, the USDA will also check the weight and height of roughly 3,000 children. Children will be asked to cooperate with study staff who will weigh and measure them...