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Tag: news
And The Best Performing Asset Class Since ‘The Taper’ Is…
And The Best Performing Asset Class Since 'The Taper' Is…
That old house
I grew up in the Hillcrest area of Kingsport, Tenn., in the northeastern tip of the state. The home we occupied for all of my life, from the time I was 4 until I left for the Marines, was at the top of a road that used to be named Hill Street before we were annexed by the city and the name had to be changed. Seems that Kingsport already had a Hill Street.
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Judge Orders Sperm Donor To Pay Child Support
A
Kansas court ruled on Wednesday that a sperm donor must pay child
support for his offspring, because he and the mother did not
conduct their transaction through a state-approved channel.
In 2009, Jennifer Schreiner and her then-partner, Angela Bauer,
wanted to have child but didn’t want to deal with the prohibitive costs
of having a doctor manage the artificial insemination. They posted
an advertisement on Craigslist looking for a man to donate his
sperm. William Marotta rose to the occasion.
Marotta had no intention of fathering the child. He signed
a contract with the couple to relieve himself of any parental
responsibilities. He handed over a plastic cup of sperm, and
Schriener and Bauer handled the insemination process from
there.
Schriener gave birth to a girl, and eventually applied for her
daughter to receive health insurance from the state. In an exchange
that Bauer
described as “threatening,” state officials demanded to know
the identity of the donor before allowing the child to receive any
benefits. The state
wouldn’t accept child support from Bauer, since she is not a
legal guardian.
The Kansas Department for Children and Families (DCP) contacted
Marotta, insisting that he be legally declared the girl’s father,
so he could pay back $6,000 in child support and then make all
future payments. The DCP and Marotta went to court in
2012.
Solidarity
from Shriener and Bauer and proof of their contract with
Marotta wasn’t enough for the Shawnee County District Court.
Judge Mary Mattiva ruled that the donor would have to bear the
financial burden of his biological daughter, because he gave his
sperm directly to the couple instead of a properly licensed doctor.
She explains:
In this case, quite simply, the parties failed to conform to the
statutory requirements of the Kansas Parentage Act in not enlisting
a licensed physician at some point in the artificial insemination
process, and the parties’ self-designation of (Marotta) as a sperm
donor is insufficient to relieve (Marotta) of parental rights and
responsibilities.
“The Marotta decision ‘appears’ to be a case of first impression
in Kansas, the judge said. That means a specific issue in the
ruling hasn’t been dealt with before in that court, and there isn’t
binding authority on the matter,” explains the
Capital-Journal.
Marotta’s lawyer was critical of not only the outcome, but of
the DCP’s behavior. “The cost to the state to bring this case far
outweighs any benefit the state would get,” he told CNN.
Marotta announced
today that he plans to appeal the decision.
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Santelli Slams Central Bank Policies: “The Market Is Rapidly Realizing That They Can’t Go On Forever”
While the world’s talking heads are desperately opening their global financial crisis fire-extinguishing mouths that this time is different, Rick Santelli takes 4 minutes to highlight the problems associated with liquidity that is always leveraged to the max and the problems that now await us. “For a while,” Santelli calmly explains, the fairy-dust commercial planners (Central banks) “at least for a while, made everything seem like it could work.” However, with “no excess margin in the system,” emerging-market-cannonball-driven ripples in the global pool of liquidity are a major problem. Slamming those who argue ‘taper is small’ or ‘Argentina doesn’t matter’; the ever-increasing central-bank-inspired interconnectedness means “the market is realizing in a hurry,” as we have warned numerous times, “these [central bank] programs can’t go on forever,”
Add to this, Santelli notes, that even the central bank architects of the (faux market) buildings (e.g. BoE’s Carney) no longer want to live in these buildings… and problems lie ahead…
via Zero Hedge http://ift.tt/1mRUfQg Tyler Durden
Santelli Slams Central Bank Policies: "The Market Is Rapidly Realizing That They Can't Go On Forever"
While the world’s talking heads are desperately opening their global financial crisis fire-extinguishing mouths that this time is different, Rick Santelli takes 4 minutes to highlight the problems associated with liquidity that is always leveraged to the max and the problems that now await us. “For a while,” Santelli calmly explains, the fairy-dust commercial planners (Central banks) “at least for a while, made everything seem like it could work.” However, with “no excess margin in the system,” emerging-market-cannonball-driven ripples in the global pool of liquidity are a major problem. Slamming those who argue ‘taper is small’ or ‘Argentina doesn’t matter’; the ever-increasing central-bank-inspired interconnectedness means “the market is realizing in a hurry,” as we have warned numerous times, “these [central bank] programs can’t go on forever,”
Add to this, Santelli notes, that even the central bank architects of the (faux market) buildings (e.g. BoE’s Carney) no longer want to live in these buildings… and problems lie ahead…
via Zero Hedge http://ift.tt/1mRUfQg Tyler Durden
200 ‘Temporary’ Surveillance Cameras To Scrutinize Super Bowl Fans
Smile, Super Bowl
fans! The New York City Police Department has you under even closer
and creepier surveillance than usual. The New York Civil Liberties
Union reported finding over 2,000 surveillance cameras on
the streets of Manhattan alone, before the stepped up
security for the big football game. Now the NYPD is deploying an
additional 200 or so “temporary” surveillance cameras in midtown in
anticipation of the festivities.
Reports the AP’s
Tom Hays:
The New York Police Department has quietly installed about 200
temporary surveillance cameras in midtown Manhattan to help spot
trouble along “Super Bowl Boulevard,” a 13-block street fair on
Broadway that’s expected to draw large crowds during the windup to
the game. Banners promoting the fair compete on the same lampposts
with decidedly less festive signs reading, “NYPD Security Camera in
Area.”
Counting and mapping the cameras that were already in place is a
project of the
NYCLU. The organization’s activists tallied 2,397 cameras
watching public places, just in Manhattan. Outer-borough counts are
yet to come. But the vast majority of those 2,000+ cameras are
privately owned. Only an estimated 300
were installed and maintained by government agencies. So the 200
new additions represent a major upping of the ante, even if they
remain temporary.
Private cameras are usually used to protect property and deter
or record crime against specific people and businesses. But public
cameras can be networked together and monitored by people who have
the coercive power of the state at their command.
“Government has the power to investigate, prosecute, and
potentially jail people and that’s a very different thing from
doing what officers did in Boston which is responding to a known
crime by reviewing existing footage,” Peter Bibring of the American
Civil Liberties Union of Southern California
told Reason TV last May.
So, the installation of 200 new police-controlled cameras may
not be such a positive thing.
See Reason TV’s post-Boston bombing take on the new enthusiasm
for surveillance cameras.
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200 'Temporary' Surveillance Cameras To Scrutinize Super Bowl Fans
Smile, Super Bowl
fans! The New York City Police Department has you under even closer
and creepier surveillance than usual. The New York Civil Liberties
Union reported finding over 2,000 surveillance cameras on
the streets of Manhattan alone, before the stepped up
security for the big football game. Now the NYPD is deploying an
additional 200 or so “temporary” surveillance cameras in midtown in
anticipation of the festivities.
Reports the AP’s
Tom Hays:
The New York Police Department has quietly installed about 200
temporary surveillance cameras in midtown Manhattan to help spot
trouble along “Super Bowl Boulevard,” a 13-block street fair on
Broadway that’s expected to draw large crowds during the windup to
the game. Banners promoting the fair compete on the same lampposts
with decidedly less festive signs reading, “NYPD Security Camera in
Area.”
Counting and mapping the cameras that were already in place is a
project of the
NYCLU. The organization’s activists tallied 2,397 cameras
watching public places, just in Manhattan. Outer-borough counts are
yet to come. But the vast majority of those 2,000+ cameras are
privately owned. Only an estimated 300
were installed and maintained by government agencies. So the 200
new additions represent a major upping of the ante, even if they
remain temporary.
Private cameras are usually used to protect property and deter
or record crime against specific people and businesses. But public
cameras can be networked together and monitored by people who have
the coercive power of the state at their command.
“Government has the power to investigate, prosecute, and
potentially jail people and that’s a very different thing from
doing what officers did in Boston which is responding to a known
crime by reviewing existing footage,” Peter Bibring of the American
Civil Liberties Union of Southern California
told Reason TV last May.
So, the installation of 200 new police-controlled cameras may
not be such a positive thing.
See Reason TV’s post-Boston bombing take on the new enthusiasm
for surveillance cameras.
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OFA Wants to Know What You Want to Hear at the State of the Union
Organizing for Action, formerly known as Obama
for America and still located online at BarackObama.com, is a
501(c)4, which is allowed to do political advocacy but prohibited
from supporting a specific candidate, has joined in the pre-State
of the Union propaganda push. They want to know what you’re most
interested in hearing the president talk about. The OFA e-mail:
Edward —
In a few short days, President Obama will lay out his plans for
2014, but before that, we want to know what you’re most interested
in hearing from him on Tuesday.Take this quick, one-question survey and let OFA
know:Thanks,
Abby
The e-mail follows an official White House e-mail from Valerie
Jarrett where she talked about how much work she’s putting into an
address that for nearly two hundred years was merely sent as a
letter to the Congress. It’s a “hectic week,” she wrote, with busy
policy advisors and speech writers.
Joe Biden sent a White House e-mail, calling the
Constitutionally-mandated update the President has to give Congress
a “plan for the upcoming year of action,” calling the State of the
Union “part of a tradition that dates back to our founding
fathers,” without mentioning, naturally, that from the presidency
of Thomas Jefferson all the way through Woodrow Wilson, presidents
were able to meet their constitutional obligation without the pomp
and circumstance introduced to it since Wilson brought back the
live reading.
The State of the Union will be next Tuesday. You’ll be able to
watch it on any of the networks and most of the cable news
channels, or follow along as we livetweet here at Hit &
Run.
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