Day: December 22, 2011

POLITICAL: Are “kops” worth more than “mundanes”

Published on by reinkefj2 Comments

http://www.irishcentral.com/news/Brooklyn-DA-promises-no-plea-deals-for-killer-of-NYPDs-Peter-Figoski-135988493.html

Brooklyn DA promises no plea deals for killer of NYPD’s Peter Figoski
Felony muder can hold all five liable
By CATHY HAYES, IrishCentral Staff Writer
Published Wednesday, December 21, 2011, 8:00 AM
Updated Wednesday, December 21, 2011, 8:00 AM

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Brooklyn District Attorney Charles Hynes is determined to see justice for hero cop Peter Figoski, who’s shooting death has led to the arrest of five suspects who will soon stand trial for murder.

Hynes unsealed the indictments against the five on Tuesday, bluntly stating that his office won’t make deals with any of the accused, even if they didn’t fire the murder weapon.

‘This will be a trial,’ Hynes told the Daily News. ‘There won’t be plea bargaining in this case.’

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With this declaration, he implies that the police are more important than the average victim.

It would seem that he’s not earning his salary.

Argh!

What’s wrong with pleas? It’s good enough for ordinary victims.

(I’m for eliminating ALL plea deals. Force the Gooferment to prioritize. And, we should be about “restitution”; not punishment or even “rehabilitiation” (whatever that is?) and most certainly not enriching the Gooferment by fines. The victim gets squat and the State enriches itself.

Perverse!

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MONEY: Understanding “counterparty risk”

Published on by reinkefj2 Comments

Jim’s Quote of the Day:

via SurvivalBlog.com by James Wesley, Rawles on 12/14/11

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“Anything that is on paper anything that involves a promise or a commitment is no longer valid because as we said there isn’t a rule of law anymore. People can steal from you. Your money can be confiscated. And think how easy now it is to confiscate people’s wealth. Most of our wealth in this society exists as zeroes and ones on a computer server. It takes no effort whatsoever to steal zeros and ones on a computer server. So what I have been telling people is you need to get into physical commodities. And the rule of thumb is if you can stand in front of it with an assault rifle and physically protect it, then it’s real—it’s a real commodity. That includes food, that includes water, that includes long guns and ammunition. That includes fuel. That includes precious metals—gold and silver coinage. Most especially silver coinage because silver is the metal of barter and transaction and currency.” – Ann Barnhardt, former head of Barnhardt Capital Management. (She ran the firm before she went Galt.)

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When I was on Wall Street, it was called “counterparty risk”. And, everyone was very very worried about it.

So when MF GLOBAL goes broke, all the “counterparties” are <synonym for the past tense of the procreation act>!

That’s why you see all the screaming to Congress and the “regulators” cause they were robbed.

When you have your bullion coins (e.g., platinum, gold, palladium, silver, nickels <yeah the 5¢ coins>, pennies) in you hand or buried in your backyard, there’s no counterparty risk. There are other risks, but not from Corzine and his ilk.

When you have something that’s paper, you’ve got “counterparty risk”. Even if that paper is a faith-based curency like a “dollar” (whatever that is) aka Firbie (i.e., federal reserve banknote).

Toilet paper is more intrinsically valuable.

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