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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (117947)3/7/2009 12:14:54 PM
From: Broken_Clock  Read Replies (1) | Respond to of 132070
 
When I first started reading this it sounded like they had rounded up Geitner, Cheney, and a couple of O's Cabinet members.

===
4 arrested in Nev. probe of anti-government group


Mar 7, 2:16 AM (ET)


LAS VEGAS (AP) - Four members of an anti-government group have been arrested on charges that include money laundering, tax evasion and weapons possession, federal prosecutors said Friday.
Authorities said the four men are members of the Sovereign Movement, a group that attempts to overthrow the government and defy authority with "paper terrorism." The arrests in Las Vegas on Thursday capped a three-year investigation into the group's activities led by the Nevada Joint Terrorism Task Force, U.S. Attorney for Nevada Greg Brower said.
A grand jury indictment in federal court in Las Vegas names Samuel Davis, 54, of Council, Idaho; Shawn Rice, 46, of Seligman, Ariz.; Harold Call, 67, of Las Vegas; and Jan Lindsey, of Henderson.
Davis and Rice are accused of laundering roughly $1.3 million for undercover FBI agents, who described the money as loot from a bank fraud scheme. Davis and Rice are charged with one count of conspiracy to commit money laundering and 30 counts of money laundering. If convicted, they face up to 20 years in prison and a $500,000 fine on each count.
Davis was described by prosecutors as a national leader in the Sovereign Movement, whose members believe government licenses, taxes and currency are invalid. Rice described himself as a lawyer and rabbi devoted to anti-government teaching, authorities said.
Davis and Rice pleaded not guilty in U.S. District Court in Las Vegas late Friday. Call and Lindsey also were due to appear in court. Authorities did not know if the four had lawyers.
Brower's office said Call and Lindsey, a retired FBI agent, are leaders of the Nevada Lawmen Group for Public Awareness, a group affiliated with the Sovereign Movement.
Call is accused of possessing an unregistered machine gun, as well as parts designed to convert manual firearms into automatic weapons.
He faces two counts of possession and transfer of a machine gun and three counts of possession of an unregistered machine gun. If convicted, he could get up to 10 years in prison and a $250,000 fine on each count.
Lindsey is charged with one count of evasion of payment of tax and four counts of evasion of assessment of tax. He faces up to five years in prison and a $250,000 fine on each count.



To: Knighty Tin who wrote (117947)3/7/2009 10:54:05 PM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
You know, this bear market has brought the S&P down 58% from its peak. With all this money being invented by th United States, there could be a hell of a rally, even if it broke and dissipated. I mean like back up to Dow 10,000. That would be about 40%. If it happened over a few months it would be a terrific gain--and a lot faster than any inflation.

So I am ready to slough off my bear skin for a few months--maybe.

But I am not about to take a dump on my gold or sluice out my oil.



To: Knighty Tin who wrote (117947)3/8/2009 2:50:53 PM
From: LowtherAcademy  Read Replies (1) | Respond to of 132070
 
Hi Mike,
Have you seen this Deep Capture story? I figure you are the only guy in the Country that can skim the story and pick out
BS.

His exposé reveals a circle of corruption enclosing venerable Wall Street banks, shady offshore financiers, and suspiciously compliant reporters at The Wall Street Journal, Fortune, CNBC, and The New York Times. If you ever wonder how reporters react when a journalist investigates them (answer: like white-collar crooks they dodge interviews, lie, and hide behind lawyers), or if financial corruption interests you, then this is for you. It makes Grisham read like a book of bedtime stories, and exposes a scandal that may make Enron look like an afternoon tea.

deepcapture.com

Sitting next to Herb, nodding in agreement, is Jim Cramer, host of “Mad Money.” This program is all that keeps CNBC out of the ratings quicksand, and it is easy to understand its appeal. Cramer is manifestly chimpanzee-like in both comportment and worldview–a fully arresting specimen of unsated mammalian appetition–a self-styled “journalist” who grunts and growls and snorts and says funny things like “Booyah!” while jumping up and down, smashing chairs, and telling people how to make shitloads of money gambling on the markets. Good TV!



To: Knighty Tin who wrote (117947)3/8/2009 10:28:00 PM
From: Pogeu Mahone  Read Replies (2) | Respond to of 132070