Economics and Investing: - SurvivalBlog.com

The "well funded" Social Security myth: $20 trillion timebomb. (Thanks to G.G. for the link.)

Reader AmEx sent an article by Paul Farrell: How Bernanke will cause the next crash before 2014

Over at Alt-Market: Bad Economic Signs 2012

Ol' Remus of The Woodpile Report alerted me to an article wherein Karl Denninger summarizes the enormity of the LIBOR scandal: So I Need To "Be An Adult" About Fraud Eh? Here is a key quote: "There are hundreds of trillions of dollars of interest-rate derivatives linked to LIBOR, directly and indirectly. A 1% move would be something like $3 trillion dollars. "

Items from The Economatrix:

Ambrose Evan-Pritchard:? Fed Fiddles While America Slides Back Into Recession

Refinancing Debt Into Prosperity

Authorities Give Gold Price Another Leg Up

This Major Fed Move is About to Create an Explosion in Gold

Source: http://www.survivalblog.com/2012/07/economics-and-investing-1237.html

obama open mic jefferson county colorado extenze tenacious d steve smith zou bisou bisou tim tebow press conference

Ariz. immigration law opponents file new offensive

PHOENIX (AP) ? Opponents of Arizona's hardline immigration enforcement law launched a new effort Tuesday aimed at thwarting a U.S. Supreme Court ruling that will allow police to enforce the so-called "show me your papers" provision.

A coalition of civil rights groups, religious leaders and business organizations filed a new request seeking a court order that would prevent authorities from enforcing a rule that requires police to check the immigration status of people they stop for other reasons.

The groups are asking U.S. District Judge Susan Bolton to block enforcement of the requirement before it takes effect, arguing that Latinos in Arizona would face systematic racial profiling and unreasonably long detentions under the contentious section of the 2010 law.

In their 65-page filing, the coalition claims Arizona's immigration law "is pre-empted by federal law and violates the Fourth Amendment" and could "undermine trust between the police and community members, for whom a routine encounter with law enforcement will become a lengthy detention."

They also say that immigration patrols in recent years by Maricopa County Sheriff Joe Arpaio ? the Arizona lawman known for his rigid stance against illegal immigration ? demonstrate that the law's requirement will disproportionately affect Latinos. Though the requirement hasn't taken effect, Arpaio said his officers have inquired about people's immigration status in the past.

The National Immigration Law Center is one of the groups pushing the challenge in court along with the American Civil Liberties Union, Mexican American Legal Defense and Educational Fund, Asian American Justice Center, National Day Labor Organizing Network and others.

Matthew Benson, a spokesman for Arizona Gov. Jan Brewer, said "this latest legal challenge is unsurprising as opponents of SB 1070 have indicated they'll go to any length in order to block Arizona's implementation of this law.

"The Supreme Court has already spoken unanimously on the constitutionality of this provision. Gov. Brewer is hopeful Arizona law enforcement will soon at long last be empowered to enforce SB 1070, showing that it can be done fairly, lawfully and in harmony with civil rights and the Constitution," Benson added in a statement.

The new lawsuit comes the same day that Arpaio criticized comedian George Lopez's recent profanity-laced tirade against the sheriff. It also comes as Arpaio touted the findings of a volunteer posse, which the sheriff claimed has found "definite proof that President Barack Obama's long-form birth certificate was a computer-generated forgery.

The Arizona Democratic Party said in a statement that Arpaio's investigation is intended to draw attention away from problems within his own agency, A call to Arpaio's office for comment wasn't immediately returned Tuesday evening.

In a separate case, the U.S. Justice Department has accused Arpaio's office in a lawsuit of racially profiling Latinos in immigration patrols. The sheriff denies the allegations. That case goes to trial Thursday in federal court.

Although a different challenge to the Arizona law by the Obama administration succeeded in getting three other parts of the law thrown out by the Supreme Court last month, the administration failed to get the "show me your papers" requirement overturned on its argument that federal law trumps state law.

The justices upheld the requirement that officers question people's immigration status, saying that the provision could be subject to additional legal challenges. The coalition is seeking to shelve the requirement on other grounds.

Arizona's law was passed in 2010 amid voter frustration with the state's role as the busiest illegal entry point into the country. Five states ? Alabama, Georgia, Indiana, South Carolina and Utah ? have adopted variations on Arizona's law.

Legal experts say the groups face an uphill battle in trying to persuade Bolton to bar enforcement of the requirement because the lower courts might want to wait until the requirement ? which won't take effect until at least Friday ? is enforced to consider actual injuries from the law, rather than confront the potential for harm.

Even if opponents don't succeed in getting the requirement put on hold, some backers of the law are questioning the level of cooperation they will get from federal immigration authorities, who will be called to verify people's immigration status and be responsible for picking up illegal immigrants from local officers.

Federal immigration officers have said they will help, but only if doing so conforms to their priorities, including catching repeat violators and identifying and removing those who threaten public safety and national security.

If federal agents decline to pick up illegal immigrants, local officers in some cases will likely have to let them go unless they're suspected of committing a crime that would require them to be brought to jail.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-07-17-Arizona%20Immigration-New%20Offensive/id-6c094041b8cf4be8ac9517d32cee4fff

letter from santa sweet potato pie sweet potato pie twas the night before christmas norad santa epic beard man nfl standings

Two investors strike out in Madoff-related cases

[ [ [['Connery is an experienced stuntman', 2]], 'http://yhoo.it/KeQd0p', '[Slideshow: See photos taken on the way down]', ' ', '630', ' ', ' ', ], [ [['Connery is an experienced stuntman', 7]], ' http://yhoo.it/KpUoHO', '[Slideshow: Death-defying daredevils]', ' ', '630', ' ', ' ', ], [ [['know that we have confidence in', 3]], 'http://yhoo.it/LqYjAX ', '[Related: The Secret Service guide to Cartagena]', ' ', '630', ' ', ' ', ], [ [['We picked up this other dog and', 5]], 'http://yhoo.it/JUSxvi', '[Related: 8 common dog fears, how to calm them]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 5]], 'http://bit.ly/JnoJYN', '[Related: Did WH share raid details with filmmakers?]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 3]], 'http://bit.ly/KoKiqJ', '[Factbox: AQAP, al-Qaeda in Yemen]', ' ', '630', ' ', ' ', ], [ [['have my contacts on or glasses', 3]], 'http://abcn.ws/KTE5AZ', '[Related: Should the murder charge be dropped?]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 5]], 'http://yhoo.it/JD7nlD', '[Related: Bristol Palin reality show debuts June 19]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 1]], 'http://bit.ly/JRPFRO', '[Related: McCain adviser who vetted Palin weighs in on VP race]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['the 28-year-old neighborhood watchman who shot and killed', 15]], 'http://news.yahoo.com/photos/white-house-stays-out-of-teen-s-killing-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120411/martinzimmermen.jpg', '630', ' ', 'AP', ], [ [['He was in shock and still strapped to his seat', 6]], 'http://news.yahoo.com/photos/navy-jet-crashes-in-virginia-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120406/jet_ap.jpg', '630', ' ', 'AP', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]

[ [ [['did not go as far his colleague', 8]], '29438204', '0' ], [ [[' the 28-year-old neighborhood watchman who shot and killed', 4]], '28924649', '0' ], [ [['because I know God protects me', 14], ['Brian Snow was at a nearby credit union', 5]], '28811216', '0' ], [ [['The state news agency RIA-Novosti quoted Rosaviatsiya', 6]], '28805461', '0' ], [ [['measure all but certain to fail in the face of bipartisan', 4]], '28771014', '0' ], [ [['matter what you do in this case', 5]], '28759848', '0' ], [ [['presume laws are constitutional', 7]], '28747556', '0' ], [ [['has destroyed 15 to 25 houses', 7]], '28744868', '0' ], [ [['short answer is yes', 7]], '28746030', '0' ], [ [['opportunity to tell the real story', 7]], '28731764', '0' ], [ [['entirely respectable way to put off the searing constitutional controversy', 7]], '28723797', '0' ], [ [['point of my campaign is that big ideas matter', 9]], '28712293', '0' ], [ [['As the standoff dragged into a second day', 7]], '28687424', '0' ], [ [['French police stepped up the search', 17]], '28667224', '0' ], [ [['Seeking to elevate his candidacy back to a general', 8]], '28660934', '0' ], [ [['The tragic story of Trayvon Martin', 4]], '28647343', '0' ], [ [['Karzai will get a chance soon to express', 8]], '28630306', '0' ], [ [['powerful storms stretching', 8]], '28493546', '0' ], [ [['basic norm that death is private', 6]], '28413590', '0' ], [ [['songwriter also saw a surge in sales for her debut album', 6]], '28413590', '1', 'Watch music videos from Whitney Houston ', 'on Yahoo! Music', 'http://music.yahoo.com' ], [ [['keyword', 99999999999999999999999]], 'videoID', '1', 'overwrite-pre-description', 'overwrite-link-string', 'overwrite-link-url' ] ]

Source: http://news.yahoo.com/two-investors-strike-madoff-related-cases-021746042--sector.html

westminster dog show 2012 words with friends words with friends phlebotomy survivor dog show best in show