POLITICAL: Asset Forfeiture IS Extortion!

Monday, January 9, 2017

https://reason.com/blog/2017/01/05/inside-mississippis-asset-forfeiture-ext

Inside Mississippi’s Asset Forfeiture Extortion Racket
State narcotics police seized $4 million in cash—as well as couches, comics, and 18-wheelers—through asset forfeiture in 2015.
C.J. Ciaramella | Jan. 5, 2017 10:00 am

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“We’re completely in the dark on how pervasive the practice really is,” says Blake Feldman, an advocacy coordinator at the Mississippi ACLU. “Pretty much the default mindset is nobody should be overseeing any law enforcement. A big concern will be if the required tracking and reporting is going to be enforced, or if it will be a shallow gesture.”

In recent years, there has been bipartisan momentum in states across the U.S. to roll back civil asset forfeiture laws, which allow police to seize property without convicting or even charging the owner with a crime. Mississippi is no different. According to an April poll of Mississippi voters conducted by Mason-Dixon Polling and Research, 88 percent of voters oppose civil forfeiture, including 89 percent of Republican voters.

Reason reached current Hinds County Attorney Claire Baker to ask about the couch seizure, as well as the debate in the state over asset forfeiture.

“There’s been a move to crack down on forfeitures, and I get that,” Baker says. “Mississippi law is wide open as far as forfeiture goes.”

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There has to be reform.

If we eliminate the “(pseudo) War on (some) Drugs”, a lot of this non-sense will stop.

Even before that happens, the forfeiture law needs to change dramatically. 

(1) Nothing is taken without a conviction.

(2) The Gooferment’s claim can’t be taken on face value.

(3) The actual owners, like parents, shouldn’t be penalized for something some one else does.

Argh!

It’s all about “revenue collection”; not solving or preventing “crimes” against real victims.

Obvious, the police and judicial complex are over-funded.

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RANT: Thanks, EZ-PASS for the … …

Friday, January 6, 2017

Thanks, EZ-PASS for the … …

… … ! ! 1 !! A!! MMMM!!! text message to alert me to the fact my account had been “replenished”.

Way to be “Customer Focused”.

Argh!

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MONEY: Socialism’s achilles heel

Wednesday, January 4, 2017

https://reason.com/archives/2016/11/28/the-secret-dangerous-world-of

The Secret, Dangerous World of Venezuelan Bitcoin Mining
How cryptocurrency is turning socialism against itself
Jim Epstein from the January 2017 issue

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Four years ago, Alberto’s career prospects were bleak. The 23-year-old Venezuelan had just graduated from college with a degree in computer science, but his nation’s economy was already shredded by 13 years of socialism.

“There were job opportunities, but they paid like $20 a month, and we were used to traveling and buying things from abroad so we couldn’t settle for that,” his friend Luis recalls. Alberto and Luis—whose names have been changed for their own safety—teamed up to start a clothing business, but the venture floundered.

Then Alberto discovered bitcoin mining.

*** and ***

But the main factor driving Venezuelans to take up bitcoin mining is a price control put in place by the socialist government: Electricity is virtually free.

Bitcoin mining requires a lot of computer processing power, which in turn requires a lot of electricity. In most of the world, utility bills eat into the cost of mining. In places where energy prices are high, it can even be a losing proposition. But in Venezuela, the government has turned bitcoin mining into something akin to owning a home mint.

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Guess the Gooferment there never figure this one out!

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INITIALISMS: FWIW

Tuesday, January 3, 2017


F
or What It’s Worth

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States Wire Up Roads as Cars Get Smarter

Tuesday, January 3, 2017

http://www.wsj.com/articles/states-wire-up-roads-as-cars-get-smarter-1483390782

Having lived in Va for several years, the planners can put whatever speed limit they want. Drivers exceeded it whenever they can!


Rhodes Scholar’s Mother Helped Him With Autism Breakthrough

Monday, January 2, 2017

http://www.wsj.com/articles/rhodes-scholars-mother-helped-him-with-autism-breakthrough-1483404375

This story should change perception of autism and “education”?


At Least 35 Killed in New Year’s Attack at Istanbul Nightclub

Sunday, January 1, 2017

http://www.wsj.com/articles/several-wounded-in-new-years-attack-at-istanbul-night-club-1483229410

And sadly, the carnage continues.


POLITICAL: The FDA is obsolete; make it optional

Sunday, January 1, 2017

http://www.wsj.com/articles/the-fdas-rigged-drug-committees-1483140671?mod=djemMER

OPINION  REVIEW & OUTLOOK
The FDA’s Rigged Drug Committees
A case study in how the agency gets the advice it wants to hear.
Updated Dec. 30, 2016 7:15 p.m. ET 

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Among the Republican priorities in 2017 should be dismantling a culture of bureaucratic control at the Food and Drug Administration that poisons innovation and costs lives. Here’s an idea: Update part of the approval process that was patient zero for distorting data on a drug for Duchenne muscular dystrophy.

We’ve reported on the drama over eteplirsen, which FDA approved in September and is now marketed as Exondys 51 by Sarepta Therapeutics. Midlevel bureaucrats have since disparaged the therapy in public, and some insurers are denying coverage. Much of the confusion results from an April show trial known as an advisory committee meeting. A process that is supposed to provide independent advice to the FDA instead became a venue to mislead a panel of nonexperts—and the public—about the drug’s efficacy.

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It’s been demonstrated that the FDA is a tool of Big Pharma. There’s that old revolving door between being a regulator and being regulated.

Why can’t the FDA be an optional player. Let the doctors counsel patients. It’s the patients that have to decide. 

Argh!

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