Bear Wisdom

Why is this situation NOT in the mainstream media?.

More and more Americans are practicing their second amendment right to “bear arms,” especially in California.  Could they are getting ready for the release of 40,000 prisoners that will soon be flooding California streets in the near future?

General rules:
- Prohibitions generally apply to drug addicts and those convicted of felonies and specified misdemeanors, or subject to probation orders or restraining orders that prohibit possession, and those w/ histories of making deadly threats or receiving mental treatment for dangerous proclivities.

- Generally may not possess firearms in certain places, such as public buildings, airport and passenger vessel terminal, or on the grounds or within 1000 feet of a public or private school, or on a college campus or property.

- Police Officers are authorized to Inspect any firearm carried in prohibited public areas to determine wheter or not it is loaded; refusal to permit inspection is probable cause for arrest for violation of 12031.

Not a bad idea if you are ever in a situation like this…

It appears that the 17.2% U6 unemployment rate is having an effect on graduates being able to pay back their school loans, as jobs are becoming even more scarce these days.  Many of these students pay up to $60-80k for their education, from for-profit schools, such as ITT.  Then they receive their BS/BA degrees, just to graduate with a truckload of debt, and no job.  It’s no wonder why many of them defaulting on their school debt.

From the WSJ:

“Students who took out government loans to pay for their education at for-profit colleges had a 21% default rate in the first three years they were required to make payments, about three times the level of four-year public and nonprofit institutions, according to a Wall Street Journal analysis of government data scheduled for release Monday.”

Matt Tabbi’s Rolling Stones article explaining Obama’s love affair with Wall Street.

“Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of 2008. He pushed a tax plan to soak the rich, ripped NAFTA for hurting the middle class and tore into John McCain for supporting a bankruptcy bill that sided with wealthy bankers “at the expense of hardworking Americans.” Obama may not have run to the left of Samuel Gompers or Cesar Chavez, but it’s not like you saw him on the campaign trail flanked by bankers from Citigroup and Goldman Sachs. What inspired supporters who pushed him to his historic win was the sense that a genuine outsider was finally breaking into an exclusive club, that walls were being torn down, that things were, for lack of a better or more specific term, changing.

Then he got elected.”

Full Story

Matt Tabbi’s video discussing Obama’s economy.

Reaction to a 32% increase in tuition fees.  I wouldn’t expect any bailouts or handouts from the government, as state revenues continue to shrink.  2010 is going to be an interesting year.

“Eight people were in custody early today after a crowd of angry protesters broke windows and threw burning torches at UC Berkeley Chancellor Robert Birgeneau’s on-campus residence in protest of fee hikes and budget cuts, authorities said.

As many as 75 people – some of them carrying torches – surrounded the mansion, known as University House, on the north side of campus off Hearst Avenue at about 11:15 p.m. Friday, police said.

The crowd, including a man taken into custody in a university protest a day earlier, chanted, “No justice, no peace,” and began smashing planters, windows and lights. Several hurled their torches at the building, said campus spokesman Dan Mogulof.”

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/12/12/BASN1B3D59.DTL#ixzz0ZWXaJdQ1

http://www.market-ticker.org/archives/1540-BOOM!-Friends-Of-Angelo.html

http://www.latimes.com/business/la-fi-countrywide24-2009oct24,0,2948069.story

The question of whether to investigate the VIP program has caused partisan tensions to flare on the committee, culminating this week when Republicans said Democrats locked them out of the panel’s hearing room. Towns on Friday denied that Republicans were ever “denied access” to the room.

The panel’s top Republican, Rep. Darrell Issa (R-Vista), who has been leading the push for an investigation of Countrywide’s program, said the lender “orchestrated a deliberate and calculated effort to buy powerful friends for the purpose of using these relationships to manipulate public policy and further their bottom line.”

Towns said he wanted to determine whether the VIP program “provided special benefits to government officials.” Any documents showing special treatment to members of Congress would go to the House Ethics Committee, he said.

Apparently the French do not like getting laid off… So they kidnap their bosses, burn down property in their factories, block entrances, and sometimes even ransack police headquarters.

LA Times story:

http://www.latimes.com/news/nationworld/world/la-fg-france-workers9-2009aug09,0,7784068.story

Great video on the Federal Reserve from Zerohedge a week ago…

http://zerohedge.blogspot.com/2009/07/fed-under-increasing-fire.html

Doom and Gloom?  Or a dose of reality?