The global economy is likely to be stuck in the “twilight zone” of sluggish growth in 2013, Morgan Stanley has warned, but if policymakers fail to act, it could get a lot worse.
The bank’s economics team forecasts a full-blown recession next year, under a pessimistic scenario, with global gross domestic product (GDP) likely to plunge 2 percent.
“More than ever, the economic outlook hinges upon the actions taken or not taken by governments and central banks,” Morgan Stanley said in a report.
Under the bank’s more gloomy scenario, the U.S. would go over the “fiscal cliff” leading to a contraction in U.S. GDP for the first three quarters of 2013. In Europe, the bank’s pessimistic scenario assumes a failure of the European Central Bank (ECB) in cutting rates and a delay of its bond-buying program.
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A San Antonio school district’s website was hacked over the weekend to protest its policy requiring students to wear microchip-embedded cards tracking their every move on campus.
A teenager purportedly working with the hacker group Anonymous said in an online statement that he took the site down because the Northside school district “is stripping away the privacy of students in your school.”
The teen, who identified himself in an email as being 16 years old, said he hacked into the website Saturday, and it was not working Sunday. District spokesman Pascual Gonzalez said he has not yet been able to confirm that it was hacked.
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A forensic profiler whose previous cases have included the Natalie Holloway disappearance and the O.J. Simpson double murder says Barack Obama is confessing to stealing the 2012 president election.
“Obama appears to unconsciously confess on multiple occasions that in his secret fury he stole the 2012 presidential election – continuing his attacks on our nation,” Andrew G. Hodges, M.D., told WND in an assessment of Obama.
“But really that is no different whatsoever than in 2008 becoming an illegal president who violated the Constitution. This knowledge comes from one undeniable fact: we have discovered a new unconscious mind that continually quick-reads situations and communicates about it – as Obama reveals.”
Hodges, who wrote “The Obama Confession: Secret Fear, Secret Fury,” previously deciphered the JonBenet Ramsey ransom note from the Boulder, Colo., murder case.
He uses a unique psycholinguistic technique he calls “ThoughtPrint Decoding” to “read between the lines” of people’s statements – called “the cutting-edge of forensic science” by expert investigators. He’s not exactly new to the field, already having identified killers by studying ransom notes, emails, letters and police interviews to spot secret confessions. He decoded O.J.’s “suicide note” to confirm Simpson had committed a double murder. He deciphered the JonBenet ransom note from Boulder, Colo., to identify the child’s killer. He decrypted letters from BTK to predict that he was about to kill again – the only profiler to do so. He studied statements by Joran van der Sloot and Deepak Kalpoe to tie them to the slaying of Holloway. He showed how Casey Anthony secretly confessed to killing her daughter in 200 letters written to a jail mate. He even decoded Bill Clinton’s Lewinsky comments.
Read more here.
It was a brazen and surprisingly long-lived scheme, authorities said, to help aspiring public school teachers cheat on the tests they must pass to prove they are qualified to lead their classrooms.
For 15 years, teachers in three Southern states paid Clarence Mumford Sr. — himself a longtime educator — to send someone else to take the tests in their place, authorities said. Each time, Mumford received a fee of between $1,500 and $3,000 to send one of his test ringers with fake identification to the Praxis exam. In return, his customers got a passing grade and began their careers as cheaters, according to federal prosecutors in Memphis.
Authorities say the scheme affected hundreds — if not thousands — of public school students who ended up being taught by unqualified instructors.
Mumford faces more than 60 fraud and conspiracy charges that claim he created fake driver’s licenses with the information of a teacher or an aspiring teacher and attached the photograph of a test-taker. Prospective teachers are accused of giving Mumford their Social Security numbers for him to make the fake identities.
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Move over, “Everything is bigger in Texas.” The Lone Star state has a new favorite bumper sticker and it’s a simple one-worder: “Secede.”
A California man was jailed for four days for attempting to record police officers on a public street.
Daniel J. Saulmon was charged with resisting, delaying and obstructing an officer but the video shows he was standing well out the way of a traffic stop and was only arrested when he failed to produce identification to an approaching officer.
And there is no law in California that requires citizens to produce identification. And even if there was, it would require the officer to have a reasonable suspicion that he was committing a crime.
But prosecutors have already dropped the charge against Saulmon as well as a few other minor citations relating to his bicycle such as not have proper reflectors on the pedals.
And they most likely knew who he was considering he won a $25,000 settlement from the same police department after they unlawfully arrested him on eavesdropping/wiretapping charges in 2005.
This time, it appears the Hawthorne Police Department will be dishing out much more, thanks to officer Gabriel Lira’s abuse of authority.
“They knew exactly who I was,” Saulmon said in a telephone interview with Photography is Not a Crime Saturday, adding that he has recorded them on a regular basis since the 2005 arrest when he was jailed after attempting to file a complaint inside the police station.
Read more here.
How sad. You know we’re in trouble when Pravda is more up front and honest than the American Obama-media.
It’s that bad.
Russia’s Pravda understands what just happened to America. They’ve been there before. Obama’s reelection is a win for the communists.
Putin in 2009 outlined his strategy for economic success. Alas, poor Obama did the opposite but nevertheless was re-elected. Bye, bye Miss American Pie. The Communists have won in America with Obama but failed miserably in Russia with Zyuganov who only received 17% of the vote. Vladimir Putin was re-elected as President keeping the NWO order out of Russia while America continues to repeat the Soviet mistake.
After Obama was elected in his first term as president the then Prime Minister of Russia, Vladimir Putin gave a speech at the World Economic Forum in Davos, Switzerland in January of 2009. Ignored by the West as usual, Putin gave insightful and helpful advice to help the world economy and saying the world should avoid the Soviet mistake.
Recently, Obama has been re-elected for a 2nd term by an illiterate society and he is ready to continue his lies of less taxes while he raises them. He gives speeches of peace and love in the world while he promotes wars as he did in Egypt, Libya and Syria. He plans his next war is with Iran as he fires or demotes his generals who get in the way.
Two years ago, as WND reported, the Obama administration was proceeding with a novel way to finance trillion-dollar budget deficits by forcing IRA and 401(k) holders to buy Treasury bonds by mandating the placement of government-structured annuities in their retirement accounts.
Remarkably, those financial professionals specializing in private retirement savings and the U.S. citizens investing in private retirement plans now face the possibility the Obama administration and its allies on the political left will impose rules and regulations that effectively abolish the private retirement savings and investment markets.
Recent evidence suggests government officials continue to eye the multi-trillion dollar private retirement savings market, including IRAs and 401(k) plans, eyeing the opportunity to redistribute private retirement savings to less affluent Americans and to force the retirement savings out of the private market and into government-controlled programs investing in government-issued debt.
An Investment Company Institute study published this month found that U.S. retirement assets totaled $18.5 trillion at the end of the second quarter 2012, of which 3.5 trillion was in IRAs and $5.1 trillion was in 401(k) plans.
Since 2010, the U.S. Treasury Department and the Department of Labor have been holding combined hearings on various plans designed to introduce government-mandated retirement plans and investment options, including government annuities invested primarily in U.S. Treasury debt, into the private retirement savings market.
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I am incredibly steamed this Thanksgiving Holiday over what the Democrats are doing to my country.
Everybody by now knows – or should know – how readily Democrats conduct election fraud, and how determined they are to defend it. James O’Keefe and others have taken videos of paid Democratic operatives encouraging citizens to vote twice. O’Keefe was even able to claim Attorney General Eric Holder’s own ballot at a district polling place by claiming to be him, and then to vote in his place. Democrats have promoted Motor Voter laws and same day registration, and month-long election days to help them mobilize the votes of people who are so unconnected to the political process and so uninterested in the country’s future, and perhaps so incompetent to understand what voting entails that they require keepers to see that they get to the polls and then vote the “right” way. In the election that put Al Franken in the Senate by a few hundred votes, more than a thousand felons voted illegally because of the loose laws that govern the polling booth – laws the Democrats want to make even looser. It is in fact the number one civil rights issue of the NAACP this year to give felons the right to vote. So we know that Democrats have little respect for the election process, and we should assume will attempt to pursue their victories by any means necessary.
But even knowing this, I was not prepared for a conversation I had at Thanksgiving dinner today with my brother-in-law, Henry, who has lived most of his life in a home for the mentally disabled, and though now in his forties has the intelligence level of a six-year-old.
“Obama saved me,” he said to me out of the blue.
“What do you mean?”
“I voted for him for president and now he’s saving me.”
I was taken aback by these words, since Henry had no idea who Obama was, or what a president might be, and would be unable to fill out a registration form let alone get to the polling place by himself. So I asked him how he knew that and how he had registered and cast his vote. In halting, impeded speech he told me that the people who take care of him at the home filled out “the papers” to register him to vote, told him how Obama cared for him, even taught him the Obama chants, and then took him to the polling place to vote. They did the same for all of the mentally disabled patients in their care, approximately sixty in all.
Read more here.