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Arrests and Non-Violent Protests in Ferguson Mark 1st Anniversary of the Killing of Michael Brown

August 10, 2015 in Blogs

By John Swaine, The Guardian

St Louis County police to take over operations in Ferguson a day after 18-year-old black man was shot by police after firing on unmarked vehicle.


St Louis County has issued a state of emergency following Sunday night’s escalation in violence during a demonstration marking the first anniversary of the fatal shooting of Michael Brown.

“In light of last night’s violence and unrest in the city of Ferguson, and the potential for harm to persons and property, I am exercising my authority as county executive to issue a state of emergency, effective immediately,” St Louis County executive Steve Stenger said in a statement.

Stranger later told KMOX radio in an interview that a curfew banning Ferguson residents from the streets late at night may yet be implemented. 

St Louis County police chief Jon Belmar will take over the operation of police emergency management in Ferguson and surrounding areas, Stenger said.

Meanwhile, peaceful protesters were arrested in St Louis on Monday as they continued demonstrating after the first anniversary of the death of Michael Brown in nearby Ferguson.

The philosopher Cornel West and the prominent young protest leaders DeRay McKesson and Johnetta Elzie were among a stream of demonstrators detained in plastic handcuffs and arrested by officers from the Department of Homeland Security and St Louis Metropolitan Police at the federal courthouse in the city’s downtown district.

A legal observer from the National Lawyers Guild and several members of the local clergy were also arrested as demonstrators walked through a temporary barrier and sat outside the courthouse building.

Reporters who attempted to monitor the arrests at close quarters were pushed back by officers and threatened with arrest for trespassing on federal property by Sam Dotson, the chief of St Louis MPD.

In a statement, US attorney Richard Callahan said 57 protesters were arrested for “obstructing normal use of the entrances” to the federal courthouse.

Those arrested were being processed by the US Marshal Service “as quickly as can administratively be” and would be released on summons, he said.

Callahan described the protest as “otherwise peaceful and …read more

Source: ALTERNET

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Barron: Four Economic Myths that Perpetuate the Euro Crisis

August 10, 2015 in Economics

By Mises Institute

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Barron: Four Economic Myths that Perpetuate the Euro Crisis

August 10, 2015

Mises Daily Monday: Europe’s problems will not be solved by a Greek exit, and a breakup of the euro certainly won’t fix things as long as the Europeans remain in the thrall…

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Source: MISES INSTITUTE

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Mises Weekends: Robert Higgs Explains How War is the Master Key of the State

August 10, 2015 in Economics

By Mises Institute

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Mises Weekends: Robert Higgs Explains How War is the Master Key of the State

August 10, 2015

In this episode of Mises Weekends, we feature part of a talk by our old friend Dr. Robert Higgs, a longtime Senior Fellow at the Mises Institute and libertarian stalwart. Bob, author of the…

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Source: MISES INSTITUTE

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Joseph Salerno Appointed to the John V. Denson II Endowed Professorship

August 10, 2015 in Economics

By Mises Institute

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Joseph Salerno Appointed to the John V. Denson II Endowed Professorship

August 10, 2015

Great News from Auburn University: 

Mises Institute Academic Vice President Joe Salerno was just appointed to the John V. Denson II Endowed Professorship in the Department of Economics in the College of Liberal Arts.  Joe will teach graduate and undergraduate courses and sit…

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Source: MISES INSTITUTE

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Shakespeare Was a Pot Smoker? Archaeologists Make a Surprising Find

August 10, 2015 in Blogs

By Sarah Berger, International Business Times

An analysis of pipe fragments found in the playwright's garden suggests he was no stranger to cannabis.


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Source: ALTERNET

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Cash Is Making a Comeback as People Print Their Own

August 10, 2015 in Economics

By Joseph T. Salerno

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Cash Is Making a Comeback as People Print Their Own

August 10, 2015

There is an interesting article in the NYT on the emergence of alternative paper currencies….

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Source: MISES INSTITUTE

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Trump Still Polling on Top After Debate Disaster: Can Nothing Stop the Donald?

August 10, 2015 in Blogs

By Steven Rosenfeld, AlterNet

Carly Fiorina and Ted Cruz also move up in top tier.


Donald Trump is still the 2016 Republican frontrunner, according to a poll by NBC News taken in the two days following the GOP’s first nationally televised debate last week. 

Trump was at 23 percent, while his next-closest competitor, Ted Cruz, was at 13 percent, a jump of 7 points from a week before. Ben Carson was third at 11 percent, followed by Carly Fiorina (8 percent), Marco Rubio (8 percent), Jeb Bush (7 percent) and Scott  Walker (7 percent). The jumps by Fiorina and Cruz were the largest in the field.

Notably, more than half of Trump’s supporters (54 percent) said that they would support him if he ran as an independent candidate and not a Republican.

“During the Republican debate, Trump was met with both boos and cheers from the crowd as he said he would not rule out running as an independent if he didn’t get the Republican nod,” the poll’s analysis. “About 1 in 5 Trump supporters said they would support the eventual Republican candidate, while about the same number said it would depend.”

The poll, conducted this past Friday and Saturday of more than 3,500 voting age adults, reveals that the first nationwide debate has shaken up some aspects of the crowded GOP field—but not dislodged Trump from the lead, despite his criticism of Fox News’ Megyn Kelly for her aggressive line of questioning on previous misogynist statements.   

The poll also found that Trump, while maintaining his lead, elicits the strongest positive and negative reactions among Republican and likely Republican voters. It also found that Carly Fiorina’s incisive and sharply critical comments in the first debate panel, especially going after Hillary Clinton, were especially well-received among Republican voters. 

“Among Republican and Republican-leaning voters who watched either of the debates or followed coverage of the debates in the news, Carly Fiorina emerged as the clear winner,” it said. “Twenty-two percent said Fiorina won or had the best performance in the debate, followed by 18% who said Trump had the best performance. However, another 29% said Trump did the worst …read more

Source: ALTERNET

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Bernie Sanders Speaks to 28,000 People in Portland, While Hillary Hosts $2,700-a-Head Fundraiser

August 10, 2015 in Blogs

By Zaid Jilani, AlterNet

Quite the contrast.


Yesterday, Democratic presidential candidate Bernie Sanders spoke to 28,000 people in Portland, Oregon – the largest rally of 2016 of any candidate.

 

Sanders hit the usual marks – decrying income inequality, money in politics, climate change, and mass incarceration. Watch his address:

 

What’s interesting is that Hillary Clinton also came to Portland last week. But instead of doing a public event, she held a fundraiser at the home of Democratic Party consultants Win McCormack and Carol Butler. Access was granted only to donors willing to give the minimum donation of $2,700.

 

The contrast in Portland is a microcosm of the two types of campaigns Sanders and Clinton are running. The former is counting on a grassroots network of hundreds of thousands of people donating small amounts of money and making up the difference with volunteer hours. The latter is a more conventional politician: court Big Money donors and flood the airwaves with television commercials to win the election. In six months, we'll start to see which strategy succeeds.

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Source: ALTERNET

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Will I Ever Be Able to Have ‘Normal’ Sex?

August 10, 2015 in Blogs

By Pamela Stephenson Connolly, The Guardian

What if my technique doesn’t transfer to sex with a partner?


I have been masturbating in the prone position ever since I was three years old. I am now in my 30s. For various reasons, both psychological and circumstantial, I have not had sex until now. I am now worried whether I will be able to have normal sex at all. I don’t seem to be able to get to orgasm unless I masturbate in my usual way – that is, lying face down and rubbing into the mattress.

A: You are not alone. Many people develop masturbation styles that are not conducive to making an easy switch to sex with a partner. In fact, your masturbation style is not terribly far off a traditional male “missionary” position, but don’t expect it to be easy – it never is for anyone.

Gaining sexual confidence is a slow process of experimentation. This will begin when you find a partner you like, and are inspired to mutually discover the next sexual step. In the meantime, try changing your masturbation position in stages: a change of angle to a side position, then venture towards a face-up position. Allow time to achieve these changes and keep your accompanying fantasies strong. Anxiety and avoidance will only hinder this process, so try to stop imagining negative outcomes. Instead, focus on the idea – perhaps even the reality – of having fun with another human being to whom you are attracted, and allow yourself to see where that leads. Be brave. Take a few risks.

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Source: ALTERNET

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As Rules Squeeze the Financial Industry, Consumers Are Left with Fewer Choices

August 10, 2015 in Economics

By Richard W. Rahn

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Richard W. Rahn

What is the purpose of financial regulation? Advocates of more and more financial regulation say it is necessary to protect the consumer against greedy bankers and other financial professionals and institutions. But what if excessive financial regulation is actually reducing consumer choice and increasing the cost of banking, saving and investing well beyond the point of any benefits?

Most people understand that competition is good in that it results in better products at lower cost and more choice. Yet the government has been destroying financial market competition, increasing consumer cost and reducing choice. In 1921, the United States had 31,000 commercial banks, and now we have only 5,500 for three times the population. Part of the reason for the decline in the number of banks is due to natural market forces, such as mergers, to gain the benefits of economies of scale and to allow banks to have nationwide branch banking, both of which benefit consumers. But another major reason for the reduction in the number of banks, particularly in recent years, has been the cost of bank regulation, which puts small and community banks at a severe competitive disadvantage. In fact, no new banks have been charted since the beginning of the Obama administration. The massive increase in regulatory costs has resulted in fewer and more costly bank services for the consumer.

Regulations on banking and the rest of the financial industry are developed and enforced by the Federal Reserve, the Office of the Comptroller of the Currency, the Treasury Department, the Internal Revenue Service, the Justice Department, and now even the Department of Labor. Officials in the Obama administration at the Department of Labor are attempting a power grab with the claim (without providing supporting evidence) that financial advisers may be ripping off their customers by putting them in investment funds controlled by their own companies (which may actually be a good choice) and charging them commissions on the purchase and sales of funds and other products.

This is a real failure in fiduciary — and moral — responsibility.”

Most investors need investment advice. Professional financial advisers need considerable schooling given the complexity of financial markets, products and regulations. And, like other professionals, they need to be paid for their services. It may take a financial adviser no more time to advise and service a client with a $10 million account than a client who has a …read more

Source: OP-EDS