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Keyword: govwatch

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  • A gas tax... for livestock?

    11/28/2008 6:18:52 PM PST · by 2ndDivisionVet · 29 replies · 2,324+ views
    The High Plains / Midwest Ag Journal ^ | November 28, 2008 | Ken Root
    The proposal is finally out there that will regulate all emissions of greenhouse gases released into the atmosphere, even if they are the bodily functions of livestock. Ridiculousness aside, the goal of curbing the release of carbon and hydrogen into the air is going to reach all the way to the rangeland of Kansas, the hog lots of Iowa and the front yard of the American home. Don't over-react or under-react to the desire of the public to control global warming. Don't deny the volume of methane that a cow can generate on a good day of grazing. There is...
  • Minority Report-style CCTV that spots crimes BEFORE they happen

    11/27/2008 5:32:11 PM PST · by Stoat · 13 replies · 639+ views
    The Daily Mail (U.K.) ^ | November 28, 2008 | James Slack
    CCTV cameras which can 'predict' if a crime is about to take place are being introduced on Britain's streets. The cameras can alert operators to suspicious behaviour, such as loitering and unusually slow walking. Anyone spotted could then have to explain their behaviour to a police officer. The move has been compared to the Tom Cruise science-fiction film Minority Report, in which people are arrested before they commit planned offences. It will also fuel fears that Britain is becoming a surveillance society. There are already 4.2million cameras trained on the public. The technology could be used alongside many of...
  • Get FREE Government Money Now!!

    11/26/2008 6:38:31 AM PST · by reaganaut1 · 9 replies · 756+ views
    $10,000, $20,000 even $50,000 free money available in government grants find out how to access this money with an easy to use FREE kit while quantities last find out TODAY don't let this great opportunity pass you by.The government administers a vast number of programs that provide grants to individuals who qualify. People use this FREE money to help them pay for their kids' school, start a business, buy a house, have the chance to go to college and many other opportunities to help you realize the American dream. Just like eighteen year olds who qualify for government grants so...
  • Transparency in Government Spending

    11/26/2008 7:29:00 AM PST · by nateriver · 1 replies · 307+ views
    Thanks to a bill President –elect Barack Obama help pass in 2006 we will be able to see where some of the billions of tax dollar he will spend will go. Inspired by this bill by Senator T. Colburn and Obama, elected officials at the state level also set up internet sites where taxpayers can now be “fiscal watchdogs”.
  • Social services 'set up CCTV camera in couple's bedroom'(U.K)

    11/25/2008 10:10:09 AM PST · by thetru · 35 replies · 2,202+ views ^ | 23 Nov 2008 | Martin Beckford
    Social services 'set up CCTV camera in couple's bedroom' Social workers set up a CCTV camera in the bedroom of a couple with learning difficulties in order to monitor their behaviour, a new report claims. By Martin Beckford, Social Affairs CorrespondentCouncil staff are said to have spied on the young parents at night as part of a plan to see if they were fit to look after their baby, who was sleeping in another room. The mother and father were forced to cite the (Human Rights Act), which protects the right to a private life, before the social services team...
  • UK forests & rivers may be sold

    11/25/2008 9:12:51 AM PST · by TenthAmendmentChampion · 7 replies · 377+ views
    Off-Grid Newsletter ^ | 23 Nov 2008 | Nick Rosen
    Canals and forests, going, going….goneHaving nationalised the banks, Britain’s Labor government looks set to sell off the country’s forests and waterways to private buyers, in an attempt to balance the books ahead of the next election. The Forestry Commission which manages the country’s forest stock and British Waterways,the body that manages Britain’s rivers and canals, both control huge swathes of land that would be ideal for off-grid living. In the event they were sold, these possibilities may disappear, although they may also move up the agenda as the new owners attempt to maximise profitablity. British Waterways currently allows live-in vessels...
  • Joint Statement by Treasury, Federal Reserve and the FDIC on Citigroup

    11/23/2008 9:38:45 PM PST · by rabscuttle385 · 31 replies · 1,054+ views
    FDIC ^ | 2008-11-24
    Washington, DC — The U.S. government is committed to supporting financial market stability, which is a prerequisite to restoring vigorous economic growth. In support of this commitment, the U.S. government on Sunday entered into an agreement with Citigroup to provide a package of guarantees, liquidity access and capital. As part of the agreement, Treasury and the Federal Deposit Insurance Corporation will provide protection against the possibility of unusually large losses on an asset pool of approximately $306 billion of loans and securities backed by residential and commercial real estate and other such assets, which will remain on Citigroup's balance sheet....
  • Time to re-examine, re-invent the ag department

    11/23/2008 5:32:31 PM PST · by 2ndDivisionVet · 7 replies · 569+ views
    The Land ^ | November 23, 2008 | Alan Guebert
    One of the more astute observations on the role of government in farm policy ever uttered was offered by then-congressman, later (from 1991-93) secretary of agriculture, Ed Madigan. “The majority of farmers,” Madigan, a moderate Republican, told me in a September 1984 interview between campaigning around his central Illinois district, “just want to be left alone.” So, added the Ranking Member of the House ag committee, “I leave ’em alone.” Twenty-five years and hundreds of billions of taxpayer dollars later, Madigan’s leave-’em-alone admonition remains as true as it is unheeded. A generation of expensive, expansive policy has delivered a corporate...
  • Citigroup, U.S. in Talks to Create 'Bad Bank'

    11/23/2008 2:22:42 PM PST · by jimbo123 · 48 replies · 1,715+ views
    Wall Street Journal ^ | 11/23/08 | DAVID ENRICH and CARRICK MOLLENKAMP
    Citigroup Inc. is nearing agreement with U.S. government officials to create a structure that would house some of the financial giant's risky assets, according to people familiar with the situation. While the discussions remain fluid and might not result in an agreement, talks were progressing Sunday toward creation of what would essentially be a "bad bank." That structure would help Citigroup cleanse its balance sheet of billions of dollars in potentially toxic assets, these people said. The bad bank also might absorb assets from Citigroup's off-balance-sheet entities, which hold $1.23 trillion. Some of those assets are tied to mortgages, and...
  • Plan Begins to Emerge to Rescue Citigroup

    11/23/2008 2:19:31 PM PST · by jimbo123 · 22 replies · 1,067+ views
    NY Times ^ | 11/23/08 | ERIC DASH and GRETCHEN MORGENSON
    Federal regulators were considering a new rescue for Citigroup on Sunday, a step that could mark a third leg of the government’s broader efforts to bolster the nation’s financial industry, according to people briefed on the plan. Under the proposal, the government would shoulder losses at Citigroup if those losses exceeded certain levels, according to these people, who spoke on the condition that they not be identified because the plan was still under discussion. If the government should have to take on the bigger losses, it would receive a stake in Citigroup.
  • Urban tolls would reduce cost of housing, provide major social benefits study shows

    11/23/2008 9:33:02 AM PST · by Lorianne · 57 replies · 1,466+ views
    Toll Road News ^ | 16 November 2008
    An elaborate modeling of housing prices and traffic congestion in cities across the US concludes that financing roads with comprehensive congestion priced tolls rather than taxes rather would provide major benefits in reducing housing prices and sub-optimal densities - 'sprawl' - as well as reducing the familiar delays and uncertain travel times. Moving to tolls or other direct road use charges will significantly improve overall welfare, economic efficiency and standards of living, the study says. Authors are Ashley Langer University of California Berkeley and Clifford Winston, Brookings Institution. The study is reported in Brookings-Wharton Papers on Urban Affairs 2008. ......
  • Woes at Citigroup Began With Failed Bid for Wachovia

    11/22/2008 7:04:26 PM PST · by rabscuttle385 · 14 replies · 1,426+ views
    The New York Times ^ | 2008-11-21 | Ben White & Vikas Bajaj
    Less than two months ago, Citigroup emerged from the wreckage of the financial crisis as one of the last titans left standing on Wall Street. Now, in a stunning turnabout, the banking giant has sunk to its knees after a series of blows that have driven its stock price to a mere $3.77 on Friday — and left it running short on time and options. In the decade since Citigroup was born from the merger of Citicorp and Travelers Group, it weathered many storms that threatened to pull it apart. But the current turmoil can be traced back to the...
  • FDIC will guarantee up to $1.4T in bank debt

    11/22/2008 5:57:54 PM PST · by rabscuttle385 · 18 replies · 607+ views
    AP via Google ^ | 2008-11-21 | Marcy Gordon
    WASHINGTON (AP) — Federal regulators will guarantee as much as $1.4 trillion in U.S. banks' debt in a bid to get the distressed financial system pumping again. They also took steps Friday to make it easier for private investors to buy banks seized by the government. . . . . . Directors of the Federal Deposit Insurance Corp. voted to approve the bank-debt guarantee program, which is part of the government's financial rescue package. The FDIC program is meant to break the crippling logjam in bank-to-bank lending by guaranteeing the new debt in the event of payment default by the...
  • Citigroup, Under Siege, Holds Talks With U.S.

    11/21/2008 6:39:32 PM PST · by rabscuttle385 · 107 replies · 5,005+ views
    The New York Times ^ | 2008-11-22 | Andrew Ross Sorkin & Louise Story
    With the sharp stock-market decline for Citigroup rapidly becoming a full-blown crisis of confidence, the company’s executives on Friday entered into talks with federal officials about how to stabilize the struggling financial giant. In a series of tense meetings and telephone calls, the executives and officials weighed several options, including whether to replace Citigroup’s leadership or sell all or part of the company. Other options discussed included a public endorsement from the government or a new financial lifeline, people involved in the talks said. The course of action, however, remained uncertain on Friday night, these people said, and other options...
  • Bank Acquisition Information for PFF Bank and Trust, Pomona, CA

    11/21/2008 6:33:15 PM PST · by rabscuttle385 · 3 replies · 597+ views
    FDIC ^ | 2008-11-21
    On November 21, 2008, the banking operations of PFF Bank and Trust, Pomona, CA was sold in a transaction facilitated by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC).
  • Bank Acquisition Information for Downey Savings and Loan Association, F.A., Newport Beach, CA

    11/21/2008 6:31:22 PM PST · by rabscuttle385 · 8 replies · 979+ views
    FDIC ^ | 2008-11-21
    On November 21, 2008, the banking operations of Downey Savings and Loan Association, F.A. - Newport Beach, CA was sold in a transaction facilitated by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC).
  • The Community Bank closed, 20th failure of the year [FDIC Friday]

    11/21/2008 6:28:02 PM PST · by rabscuttle385 · 7 replies · 765+ views
    MarketWatch ^ | 2008-11-21 | John Letzing
    SAN FRANCISCO (MarketWatch) -- Loganville, Ga.-based The Community Bank has been closed by regulators, the Federal Deposit Insurance Corp. said late Friday, marking the 20th bank failure so far this year amid the ongoing financial crisis. All of The Community Bank's deposits have been transferred to Tappahannock, Va.-based Bank of Essex, the FDIC said, and all four of The Community Bank's branches will reopen Monday as Bank of Essex.
  • Prosecutor who had Cheney indicted yells at judge

    11/21/2008 5:41:29 PM PST · by deaconjim · 27 replies · 1,745+ views
    Yahoo! News ^ | November 21, 2008 | CHRISTOPHER SHERMAN, Associated Press Writer
    Prosecutor who had Cheney indicted yells at judge By CHRISTOPHER SHERMAN, Associated Press Writer RAYMONDVILLE, Texas – A county prosecutor who brought indictments this week against Vice President Dick Cheney and others pounded his fist and shouted at the judge Friday during a routine hearing. Willacy County District Attorney Juan Angel Guerra asked Presiding Judge Manuel Banales to recuse himself from the case, which alleges abuse at federally run prisons. Attorneys for the vice president and other defendants leapt to their feet in objection as Guerra pounded the table and accused Banales of giving the defendants special treatment. "Now all...
  • Davey Crockett and Farmer Bunce

    11/19/2008 12:03:44 PM PST · by Born In America · 5 replies · 521+ views
    The Life of Colonel David Crockett ^ | Sometime in 1884 | compiled by: Edward S. Elis (1884)
    "Several years ago I was one evening standing on the steps of the Capitol with some other members of Congress, when our attention was attracted by a great light over in Georgetown. It was evidently a large fire. We jumped into the hack and drove over as fast as we could. When we got there, I went to work, and I never worked as hard in my life as I did there for several hours. But, in spite of all that could be done, many houses were burned and many families made houseless, and, besides, some of them had lost...
  • New forecast: State budget shortfall $5B [WA state, up from 3.2B in Sept]

    11/19/2008 12:34:24 PM PST · by sionnsar · 22 replies · 1,027+ views
    Seattle Times ^ | 11/19/2008 | Andrew Garber
    The bottom just fell out of the state budget. A new state forecast released this morning estimates tax revenues will drop an additional $1.9 billion below projections. If that number holds true, state lawmakers could face about a $5 billion shortfall when they meet in January to put together a new two-year budget. That's up from a $3.2 billion gap projected in September. "This is as bad as I've ever seen it," said Victor Moore, the governor's budget director. Growth in state tax revenues have fallen sharply...