Cyprus-Style “Bail-Ins” Are Proposed In The New 2013 Canadian Government Budget! -

Cyprus-Style “Bail-Ins” Are Proposed In The New 2013 Canadian Government Budget! - 


The politicians of the western world are coming after your bank accounts. In fact, Cyprus-style “bail-ins” are actually proposed in the new Canadian government budget. When I first heard about this I was quite skeptical, so I went and looked it up for myself. And guess what? It is right there in black and white on pages 144 and 145 of “Economic Action Plan 2013″ which the Harper government has already submitted to the House of Commons. This new budget actually proposes “to implement a ‘bail-in’ regime for systemically important banks” in Canada. “Economic Action Plan 2013″ was submitted on March 21st, which means that this “bail-in regime” was likely being planned long before the crisis in Cyprus ever erupted. So exactly what in the world is going on here? In addition, as you will see below, it is being reported that the European Parliament will soon be voting on a law which would require that large banks be “bailed in” when they fail. In other words, that new law would make Cyprus-style bank account confiscation the law of the land for the entire EU. I can’t even begin to describe how serious all of this is. From now on, when major banks fail they are going to bail them out by grabbing the money that is in your bank accounts. This is going to absolutely shatter faith in the banking system and it is actually going to make it far more likely that we will see major bank failures all over the western world.

What you are about to see absolutely amazed me when I first saw it. The Canadian government is actually proposing that what just happened in Cyprus should be used as a blueprint for future bank failures up in Canada.

The following comes from pages 144 and 145 of “Economic Action Plan 2013″ which you can find right here. Apparently the goal is to find a way to rescue “systemically important banks” without the use of taxpayer funds…

Canada’s large banks are a source of strength for the Canadian economy. Our large banks have become increasingly successful in international markets, creating jobs at home.

The Government also recognizes the need to manage the risks associated with systemically important banks — those banks whose distress or failure could cause a disruption to the financial system and, in turn, negative impacts on the economy. This requires strong prudential oversight and a robust set of options for resolving these institutions without the use of taxpayer funds, in the unlikely event that one becomes non-viable.

So if taxpayer funds will not be used to bail out the banks, how will it be done? Well, the Canadian government is actually proposing that a “bail-in” regime be implemented…

The Government proposes to implement a “bail-in” regime for systemically important banks.This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital. This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a bail-in regime in Canada. Implementation timelines will allow for a smooth transition for affected institutions, investors and other market participants.

So if the banks take extreme risks with their money and lose, “certain bank liabilities” (i.e. deposits) will rapidly be converted into “regulatory capital” and the banks will be saved.

In other words, the banks will just be allowed to grab money directly out of your bank accounts to recapitalize themselves.

That may sound completely and utterly insane to us, but this is how things will now be done all over the western world.

Sometimes a “bail-in” can be done by just converting unsecured debt into equity, but as we just saw in Cyprus, often when there is a major bank failure a lot more money is required to “fix the banks” than can possibly be raised by converting unsecured debt into equity. That is when it becomes very tempting to dip into uninsured back accounts.

In fact, some European politicians are openly admitting as much. According to RT, the European Parliament will soon be voting on a new law which will make Cyprus-style bank account confiscation a permanent part of the solution when major banks fail throughout the EU…

A senior lawmaker told Reuters the Cyprus model may not be an isolated case, and is perhaps a future template in dealing with troubled European banks.

The new template is now likely to turn into a full-scale EU law, letting taxpayers off the hook in case a bail-out is needed, but imposing major losses on bigger savers on a permanent basis.

“You need to be able to do the bail-in as well with deposits,” said Gunnar Hokmark, member of European Parliament, who is leading negotiations with EU countries to finalize a law for winding up problem banks, Reuters reported.

“Deposits below 100,000 euros are protected … deposits above 100,000 euros are not protected and shall be treated as part of the capital that can be bailed in,” Hokmark told Reuters, adding that he was confident a majority of his peers in the parliament backed the idea.

The European Commission has written the draft of the law, which now awaits approval from eurozone member states and the parliament on whether and when it can be implemented. It’s been reported, the law is planned to take effect in the beginning of 2015.

Are you starting to understand?

The other day when I said that “The Global Elite Are Very Clearly Telling Us That They Plan To Raid Our Bank Accounts“, I was not exaggerating.

And for those in Cyprus with deposits of over 100,000 euros, the news just keeps getting worse and worse.

When the crisis first erupted, they were told that 10 percent of all deposits over 100,000 euros would be confiscated.

Then a few days later they were told that it would be 40 percent.

Now, according to the Washington Post, those with deposits over 100,000 euros at the second largest bank in Cyprus may lose as much as80 percent of those deposits…

A deal was finally reached in Brussels with other euro countries and the International Monetary Fund early Monday. The country’s second-largest bank, Laiki, is to be split up, with its healthy assets being absorbed into the Bank of Cyprus. Savers with more 100,000 euros ($129,000) in either Bank of Cyprus and Laiki will face big losses. At Laiki, those could reach as much as 80 percent of amounts above the 100,000 insured limit; those at Bank of Cyprus are expected to be much lower.

Sadly, the truth is that those people will be lucky to ever see any of that money ever again.

How would you feel if someone came along and wiped out your life savings so that banks that took incredibly reckless risks could be bailed out?

Needless to say, a lot of people in Cyprus are very, very angry right now. The following reactions from outraged depositors in Cyprus are from Sky News…

“They have stolen our money,” Milton Loucas told Sky News.

“I have been working for 60 years. I am 80 years old. I cannot work again for my living – they have cut the lot.

“Our money, our social insurance – they have cut them. How are we going to live?”

Another Cypriot, Stelios, came out of the bank empty handed.

“I tried to get my February wages and they gave me a piece of paper only,” he said.

“I have two children in the army and they asked for money – I don’t have money to give them.

“The Government didn’t pay anybody. My old parents didn’t get their pension.”

A lot of people have just had their entire lives turned upside down.

But there were some people that were told ahead of the crisis and were able to get their money out in time.

According to the BBC, foreigners pulled a whopping 18 percent of their money out of Cyprus banks during the month of February alone…

Information from the Central Bank of Cyprus released on Thursday showed that foreign depositors had already withdrawn 18% of their cash from the nation’s banks during February, before the current crisis hit home.

So how did they know to pull their money out and who told them?

In addition, branches of the two largest banks in Cyprus were kept open in Moscow and London even after all of the banks in Cyprus itself were shut down. So wealthy Russians and wealthy Brits have been able to take all of their money out of those banks while the people of Cyprus have been unable to. It is hard to even find the words to describe how unfair that is. The following is from a recent article by Mark J. Grant…

So let us then turn back to Cyprus and see why the Russians are not quite so upset as they were at the beginning of the crisis. The answer to this question is Uniastrum bank which is headquartered in Moscow. Eighty percent (80%) is owned by the Bank of Cyprus. After the crisis began and right up until the capital controls were implemented the bank wasopen for business with no restrictions upon withdrawals. So the crisis began, was all over the Press and the Russian depositors walked into the local bank and withdrew their money from Uniastrum, the Bank of Cyprus, or had it wired in from the other local Cyprus banks and it was then withdrawn. Problem solved!

At the same time Laiki bank and the Bank of Cyprus had operating branches in London. There were no restrictions there either so people could walk into those banks and withdraw their money as well. No restrictions at all right up until the time of the Capital Controls. In the meantime, in Cyprus, people and institutions could not get at their money so the Russians and many British took out their money, closed their accounts while the people in Cyprus were left high and dry.

The wealthy always seem to come out ahead somehow, don’t they?

Meanwhile, those in Cyprus with deposits under 100,000 euros are now dealing with some very stringent capital controls. In other words, there are some very tight restrictions on what they can do with their money. For example, the maximum daily cash withdrawal has been set at 300 euros. The following are some of the other restrictions that are in force right now…

As well as the daily withdrawal limit, Cypriots may not cash cheques.

Payments and/or transfers outside Cyprus via debit and or credit cards are allowed up to 5,000 euros per person per month.

Transactions of 5,000-200,000 euros will be reviewed by a specially established committee, with applications for those over 200,000 euros needing individual approval.

Travellers leaving the country will only be allowed to take 1,000 euros with them.

When the next great wave of the economic collapse strikes, capital controls and bank account confiscation will suddenly become “normal” all over the world.

So get prepared while you still can.

One thing that you can do is make sure that you don’t have all of your eggs in one basket. The following is what Jim Rogers recently told CNBC…

“I, for one, am making sure I don’t have too much money in any one specific bank account anywhere in the world, because now there is a precedent,” he said. “The IMF has said ‘sure, loot the bank accounts’ the EU has said ‘loot the bank accounts’ so you can be sure that other countries when problems come, are going to say, ‘well, it’s condoned by the EU, it’s condoned by the IMF, so let’s do it too.’”

The more places that you have your money, the more difficult it will be for “the powers that be” to loot it.

The global elite are fundamentally changing the game. From now on, no bank account on earth will ever be able to be considered “100% safe” again. This is going to create an atmosphere of fear and panic, and no financial system can operate normally when you destroy the confidence that people have in it.

Confidence is a funny thing – it can take decades to build, but it can be destroyed in a single moment.

None of us will ever be able to have confidence in our bank accounts again, and I fear that the next wave of the economic collapse may be closer than I had first anticipated.

Read more -
 http://theeconomiccollapseblog.com/archives/cyprus-style-bank-account-confiscation-is-in-the-new-canadian-government-budget

Stunning Facts About How the Banking System Really Works … And How It Is Destroying America -

Stunning Facts About How the Banking System Really Works … And How It Is Destroying America - 


Reclaiming the Founding Fathers’ Vision of Prosperity

To understand the core problem in America today, we have to look back to the very founding of our country.

The Founding Fathers fought for liberty and justice. But they also fought for a sound economy and freedom from the tyranny of big banks:

“[It was] the poverty caused by the bad influence of the English bankers on the Parliament which has caused in the colonies hatred of the English and . . . the Revolutionary War.”
- Benjamin Franklin

“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.”
- John Adams

“All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.”
- John Adams

“If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied”.
— Thomas Jefferson

“I believe that banking institutions are more dangerous to our liberties than standing armies…The issuing power should be taken from the banks and restored to the Government, to whom it properly belongs.”
- Thomas Jefferson

“The Founding Fathers of this great land had no difficulty whatsoever understanding the agenda of bankers, and they frequently referred to them and their kind as, quote, ‘friends of paper money. They hated the Bank of England, in particular, and felt that even were we successful in winning our independence from England and King George, we could never truly be a nation of freemen, unless we had an honest money system. ”
-Peter Kershaw, author of the 1994 booklet “Economic Solutions”

Indeed, everyone knows that the American colonists revolted largely because of taxation without representation and related forms of oppression by the British. See this and this. But – according to Benjamin Franklin and others in the thick of the action – a little-known factor was actually the main reason for the revolution.

To give some background on the issue, when Benjamin Franklin went to London in 1764, this is what he observed:

When he arrived, he was surprised to find rampant unemployment and poverty among the British working classes… Franklin was then asked how the American colonies managed to collect enough money to support their poor houses. He reportedly replied:

“We have no poor houses in the Colonies; and if we had some, there would be nobody to put in them, since there is, in the Colonies, not a single unemployed person, neither beggars nor tramps.”

In 1764, the Bank of England used its influence on Parliament to get a Currency Act passed that made it illegal for any of the colonies to print their own money. The colonists were forced to pay all future taxes to Britain in silver or gold. Anyone lacking in those precious metals had to borrow them at interest from the banks.

Only a year later, Franklin said, the streets of the colonies were filled with unemployed beggars, just as they were in England. The money supply had suddenly been reduced by half, leaving insufficient funds to pay for the goods and services these workers could have provided. He maintained that it was “the poverty caused by the bad influence of the English bankers on the Parliament which has caused in the colonies hatred of the English and . . . the Revolutionary War.” This, he said, was the real reason for the Revolution: “the colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction.”

(for more on the Currency Act, see this.)

Alexander Hamilton echoed similar sentiments:

Alexander Hamilton, the nation’s first treasury secretary, said that paper money had composed three-fourths of the total money supply before the American Revolution. When the colonists could not issue their own currency, the money supply had suddenly shrunk, leaving widespread unemployment, hunger and poverty in its wake. Unlike the Great Depression of the 1930s, people in the 1770s were keenly aware of who was responsible for their distress.

As historian Alexander Del Mar wrote in 1895:

[T]he creation and circulation of bills of credit by revolutionary assemblies…coming as they did upon the heels of the strenuous efforts made by the Crown to suppress paper money in America [were] acts of defiance so contemptuous and insulting to the Crown that forgiveness was thereafter impossible . . . [T]here was but one course for the crown to pursue and that was to suppress and punish these acts of rebellion…Thus the Bills of Credit of this era, which ignorance and prejudice have attempted to belittle into the mere instruments of a reckless financial policy were really the standards of the Revolution. they were more than this: they were the Revolution itself!

And British historian John Twells said the same thing:

The British Parliament took away from America its representative money, forbade any further issue of bills of credit, these bills ceasing to be legal tender, and ordered that all taxes should be paid in coins … Ruin took place in these once flourishing Colonies . . . discontent became desperation, and reached a point . . . when human nature rises up and asserts itself.

In fact, the Americans ignored the British ban on American currency, and:

“Succeeded in financing a war against a major power, with virtually no ‘hard’ currency of their own, without taxing the people.”

Indeed, the first act of the New Continental Congress was to issue its own paper scrip, popularly called the Continental.

Franklin and Thomas Paine later praised the local currency as a “corner stone” of the Revolution. And Franklin consistently wrote that the American ability to create its own credit led to prosperity, as it allowed the creation of ample credit, with low interest rates to borrowers, and no interest to pay to private or foreign bankers .

Not Ancient History … One of the Most Vital Issues of Today

Is this just ancient history?

No.

The ability for America and the 50 states to create its own credit has largely been lost to private bankers. The lion’s share of new credit creation is done by private banks, so – instead of being able to itself create money without owing interest – the government owes unfathomable trillions in interest to private banks.

Read this background to understand how money is really created in our crazy current banking system. And read this and this to learn why we are paying trillions of dollars to the big banks in unnecessary interest costs.

America may have won the Revolutionary War, but it has since lost one of the main things it fought for: the freedom to create its own credit instead of having to beg for credit from private banks at a usurious cost.

No More Federal than Federal Express

While many Americans assume that the Federal Reserve is a federal agency, the Fed itself admits that the 12 Federal Reserve banks are private. See this, this, this and this.

Indeed, the money-center banks in New York control the New York Fed, the most powerful Fed bank. Until recently, Jamie Dimon – the head of JP Morgan Chase – was a Director of the New York Fed. Everyone knows that the Fed is riddled with conflicts of interest and corruption.

The long-time Chairman of the House Banking and Currency Committee (Charles McFadden) said on June 10, 1932:

Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies ….

And congressman Dennis Kucinich said:

The Federal Reserve is no more federal than Federal Express!

The Fed Is Owned By – And Is Enabling – The Worst Behavior of the Big Banks

Most people now realize that the big banks have become little more than criminal enterprises.

No wonder a stunning list of economists, financial experts and bankers are calling for them to be broken up.

But the Federal Reserve is enabling the banks. Indeed, the giant banks and the Fed are part of a malignant, symbiotic relationship.

Specifically:

The corrupt, giant banks would never have gotten so big and powerful on their own. In a free market, the leaner banks with sounder business models would be growing, while the giants who made reckless speculative gambles would have gone bust. See this, this and this.

It is the Federal Reserve, Treasury and Congress who have repeatedly bailed out the big banks, ensured they make money at taxpayer expense, exempted them from standard accounting practices and the criminal and fraud laws which govern the little guy, encouraged insane amounts of leverage, and enabled the too big to fail banks – through “moral hazard” – to become even more reckless.

Indeed, the government made them big in the first place. As I noted in 2009:

As MIT economics professor and former IMF chief economist Simon Johnson points out today, the official White House position is that:

(1) The government created the mega-giants, and they are not the product of free market competition

***

(3) Giant banks are good for the economy

***

The [corrupt, captured government "regulators"] and the giant banks are part of a single malignant, symbiotic relationship.

Indeed, the Fed and their big bank owners form a crony capitalist cartel that is destroying the economy for most Americans. The Fed has been bailing out the giant banks while shafting the little guy.

Fed boss Bernanke falsely stated that the big banks receiving bailout money were healthy, when they were not. They were insolvent. By choosing the big banks over the little guy, the Fed is dooming both.

No wonder many top economists say that we should end – or strip most of the powers from – the Federal Reserve.

Even long-time Fed Chairman Alan Greenspan says that we should end the Fed.

A Better Alternative

Conservative and liberal economists both point out that the big banks are already state-sponsored institutions … so the government should create a little competition through public banking.

State-owned public banks – like North Dakota has – would take the power away from the big banks, and give it back to the people … as the Founding Fathers intended.

Even a 12-year old sees the wisdom of public banking.

Read more - 

http://www.washingtonsblog.com/2013/03/stunning-facts-about-how-the-banking-system-really-works-and-how-it-is-destroying-america.html

Company has introduced Bacon Condoms that claims to "make your meat look like meat." -

Company has introduced Bacon Condoms that claims to "make your meat look like meat." - 


I don't think this what Bill Gates had in mind when he offered $100,000 to someone to invent the next generation condom.
Just when you though the bacon fad was fizzling out, J&D's Foods --the same Seattle-based company that brought us the bacon coffin and bacon mayonnaise (all real products) -- now has introduced Bacon Condoms that claims to "make your meat look like meat."
As an added bonus, each condom is coated with its very own J&D’s baconlube.
From it press release: "Truly the new standard of animal protein themed prophylactics Bacon Condoms are proudly Made in America of the highest quality latex and rigorously tested to help ensure the utmost reliability and safety for when you’re makin’ Bacon."
And just when you hoped America's bacon fad was dying out, the company is also releasing  Bacon Sunscreen. 
Why?  According to the release, "science has shown us that 10 out of 10 people prefer the smell of Bacon to coconut, which makes this the most anticipated new product of the summer."
Please, put a fork in it.


Read more: - 

http://www.foxnews.com/leisure/2013/03/28/company-releases-new-bacon-flavored-condoms/?intcmp=features

MYSTERY MEAT: UK takeout's lamb curry has no lamb... - Dog or Cat Meat Suspected -

MYSTERY MEAT: UK takeout's lamb curry has no lamb... - Dog or Cat Meat Suspected - 


An unnamed Indian takeaway has been found serving wrongly labelled meat by BBC researchers. Food experts working for a BBC3 programme had ordered an Indian lamb curry from the London restaurant but found that the meat in the curry had no trace of lamb.

Further DNA tests concluded that the meat chunks were not beef, chicken, pork, goat, horse or even human flesh, leading to speculation that the "lamb" curry contained dog or cat meat.

The Horsemeat Banquet programme, which roped in a group of young diners to challenge their prejudices about food, found that the meat  in the Indian curry was anything other than lamb.

A show spokesperson said: "The lab is unable to identify exactly which animal this meat came from."

Nutritionist Surinder Phull said: "It's absolutely terrifying because if it isn't any of the meats we know, what is it? Where has it come from? Where was it slaughtered? Was it hygienic? Was it covered in bacteria?"

The restaurant in the programme was not the only one found to be serving suspicious meat. The young diners also had doubts about food they obtained from Chinese takeaways and fast food outlets in the capital.

The beef in Chinese black bean sauce consisted largely of chicken blood and contained only tiny amounts of beef.

And a beefburger bought from a local fast food shop was analysed in the laboratory to reveal that it consisted of bovine blood, chicken scraps and a high level of chicken blood.

The only takeaway restaurant to serve authentic meat was a doner kebab shop. The lamb kebab purchased by the reseasrch team contained no trace of any other meat mixed with it.

Since the horsemeat scandal broke, the Food Standards Agency has ordered more than 5,000 tests and returned 44 positive results showing equine contents in meals..

Read more - 

http://www.ibtimes.co.uk/articles/451343/20130328/dog-cat-meat-horse-india-lamb-curry.htm

Dog Runs Over Pedestrian With Car... -

Dog Runs Over Pedestrian With Car... - 


Police say a dog that was left in an unattended vehicle pushed it into drive and the car struck a pedestrian in central Pennsylvania.

West York Police say the accident happened shortly before 11:30 a.m. Tuesday and the pedestrian was found lying in the street.

The York Daily Record reports police say the car had been left running when the dog inside knocked it into gear, causing it to slowly drive away.

Police say the unnamed pedestrian tried to stop the car before it hit a parked truck, but was unsuccessful and was caught between the two vehicles. He hit his head, fell to the ground and was found unconscious.

He was treated at a hospital for his injuries.

Read more - 

http://pittsburgh.cbslocal.com/2013/03/27/police-dog-runs-over-pedestrian-with-car/

CDC: 110,197,000 Venereal Infections in U.S.; Nation Creating New STI's Faster Than New Jobs or College Grads -

CDC: 110,197,000 Venereal Infections in U.S.; Nation Creating New STI's Faster Than New Jobs or College Grads - 


According to new data released by the federal Centers for Disease Control and Prevention, there were 19.7 million new venereal infections in the United States in 2008, bringing the total number of existing sexually transmitted infections (STIs) in the U.S. at that time to 110,197,000.

The 19.7 million new STIs in 2008 vastly outpaced the new jobs and college graduates created in the United States that year or any other year on record, according to government data. The competition was not close.

The STI study referenced by the CDC estimated that 50 percent of the new infections in 2008 occurred among people in the 15-to-24 age bracket. In fact, of the 19,738,800 total new STIs in the United States in 2008, 9,782,650 were among Americans in the 15-to-24 age bracket.

By contrast, there were 1,524,092 bachelor’s degrees awarded in the United States in the 2007-2008 school year, according to the National Center for Education Statistics. That means the total number of new STIs in 2008 outpaced the total number of new bachelor’s degrees by nearly 13 to 1, and the number of new STIs among Americans in the 15-to-24 age bracket outnumbered new bachelor’s degrees by more than 6 to 1.

While the CDC estimates that there were 19.7 million new STIs in the United States in 2008, data published by the Bureau of Labor Statistics indicated that the total number of people employed in the country actually declined by 2.9 million during that year.

The CDC said the new venereal infections contracted each year cost the nation about $16 billion.

Read more - 

http://cnsnews.com/news/article/cdc-110197000-venereal-infections-us-nation-creating-new-stis-faster-new-jobs-or

Man Charged For Hunting In A Walmart Parking Lot - bagged a 10-point white-tailed deer -

Man Charged For Hunting In A Walmart Parking Lot - bagged a 10-point white-tailed deer - 


An Indiana County man is facing several charges, after wildlife officials say he went deer hunting in a Walmart parking lot.

The Pennsylvania Game Commission says 40-year-old Arcangelo Bianco Jr., fired several rounds from a handgun at a 10-point white-tailed deer from within the Burrell Township store’s parking lot, and then bagged the animal near Old William Penn Highway.

The alleged shooting happened last November, while Bianco was shopping at the store, and then saw the buck in the parking lot.

According to charging documents, the deer ran around a corner of the store, and Bianco hopped out of his truck, gun in hand, and “began firing multiple rounds at the deer.”

Bianco faces a misdemeanor count of reckless endangerment, as well as several hunting violations, including hunting without a license, shooting on or across highways and unlawful killing or taking of big game.

A preliminary hearing has been scheduled for May 1.

Read more - 

Connecticut Priest Accused Of Selling Over $300,000 Worth Of Meth - “Monsignor Meth.” -

Connecticut Priest Accused Of Selling Over $300,000 Worth Of Meth - “Monsignor Meth.” - 


A Roman Catholic priest from Connecticut pleaded guilty to one of the charges accusing him of making more than $300,000 selling methamphetamine.

The Rev. Kevin Wallin was scheduled to appear in U.S. District Court in Hartford next week for a hearing in which he would plead guilty to conspiracy to possess with intent to distribute methamphetamine.

The filing Tuesday was obtained by The Associated Press.

Authorities say the Wallin, 61, had methamphetamine mailed to him from co-conspirators in California. He allegedly made more than $300,000 in drugs sales out of his apartment in Waterbury last year.

In some published reports, he has been nicknamed “Monsignor Meth.”

Published reports about Wallin said he also allegedly bought a head shop and adult bookstore in North Haven called Land of Oz & Dorothy’s Place to launder the money he generated from the meth sales.

Wallin is the former pastor of St. Augustine Parish in Bridgeport.

The Connecticut Post reported earlier this year that Wallin had been subjected to an investigation from the Diocese of Bridgeport in 2011, after reports of erratic behavior. Diocese officials had learned that he had been acting out sexually with men in the church rectory, the newspaper reported.

A message left with his attorney was not immediately returned.

Read more - 

http://newyork.cbslocal.com/2013/03/26/connecticut-priest-accused-of-selling-over-300000-worth-of-meth/

Eurozone Chief says - Savers will be raided to save euro in future crises - Spain, Italy, and others -

Eurozone Chief says - Savers will be raided to save euro in future crises - 
Spain, Italy, and others - 


Savings accounts in Spain, Italy and other European countries will be raided if needed to preserve Europe's single currency by propping up failing banks, a senior eurozone official has announced.

The new policy will alarm hundreds of thousands of British expatriates who live and have transferred their savings, proceeds from house sales and other assets to eurozone bank accounts in countries such as France, Spain and Italy.
The euro fell on global markets after Jeroen Dijsselbloem, the Dutch chairman of the eurozone, announced that the heavy losses inflicted on depositors in Cyprus would be the template for future banking crises across Europe.
"If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself?'," he said.
"If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders."
Ditching a three-year-old policy of protecting senior bondholders and large depositors, over €100,000, in banks, Mr Dijsselbloem argued that the lack of market contagion surrounding Cyprus showed that private investors could now be hit to pay for bad banking debts.

"If we want to have a healthy, sound financial sector, the only way is to say, 'Look, there where you take on the risks, you must deal with them, and if you can't deal with them, then you shouldn't have taken them on,'" he said.
"The consequences may be that it's the end of story, and that is an approach that I think, now that we are out of the heat of the crisis, we should take."
The announcement is highly significant as it signals the mothballing of the euro's €700bn bailout fund, the European Stability Mechanism (ESM), which Spain and Ireland wants to be used to recapitalise their troubled banks.
"We should aim at a situation where we will never need to even consider direct recapitalisation," he said.
"If we have even more instruments in terms of bail-in and how far we can go on bail-in, the need for direct recap will become smaller and smaller."
The eurozone had been planning to roll out the ESM as a "big bazooka" in mid-2014 that could help save banks and prevent financial turmoil in countries such Spain or Italy, a development that has been delayed by German resistance.
Mr Dijesselbloem's comments will alarm countries like Ireland and Spain that had been hoping to access the ESM in order to restructure banks without killing off their financial sector by inflicting huge losses on investors.
"I think the approach needs to be, let's deal with the banks within the banks first, before looking at public money or any other instrument coming from the public side," he said.
"Banks should basically be able to save themselves, or at least restructure or recapitalise themselves as far as possible."
In a note published on Monday following the Cyprus bailout deal, Barclays warned that "the decision to bail in senior bank debt and large depositors will likely have a price impact on equity and credit instruments of those euro area banks that are perceived as the weakest".
Mr Dijsselbloem acknowledged that "there is still nervousness" but claimed that any jitters on financial markets caused by the new approach would be a good thing because it would raise the cost of borrowing for unsound banks, an argument unlikely to win friend in Madrid or Rome.
"If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that," he said.
"I think it is a sound economic principle. And having cheap money because the risk will be covered by the government, and I will always get my money back, is not leading to the right decisions in the financial sector."
Last night, the Dutch finance minister tried to row back from his comments by insisting that "Cyprus is a specific case".
"Macro-economic adjustment programmes are tailor-made to the situation of the country concerned and no models or templates are used," he said.
Cypriot President Nicos Anastasiades admitted the eurozone bailout deal he struck in Brussels on Monday was painful but said Cyprus could now make a fresh start after having come a "breath away" from collapse. He also said there would be a criminal investigation into the crisis.
Banks in Cyprus will remain closed until Thursday, the nation's central bank announced. It had said earlier that banks would reopen today after a week-long shutdown, except for Laiki and Bank of Cyprus.

Read more - 

http://www.telegraph.co.uk/finance/financialcrisis/9952979/Cyprus-bail-out-savers-will-be-raided-to-save-euro-in-future-crises-says-eurozone-chief.html

The 10 worst toxins hidden in vitamins, supplements and health foods -

The 10 worst toxins hidden in vitamins, supplements and health foods - 


I’m absolutely shocked at how many people don’t investigate what’s really in the products they swallow. When something is sold as an herb, vitamin, superfood or supplement, they think it’s automatically safe. And while the natural products industry has a truly remarkable safety record — especially in contrast to the massive number of deaths caused by pharmaceuticals — it still suffers from a lot of hidden toxins that are routinely used throughout the industry.
I know this because I’ve been an investigative journalist and activist in the natural health industry for over a decade. Natural News is arguably the most-read natural health news website in the world, reaching millions of readers a month. I’ve walked the floors of countless trade shows, conducted hundreds of interviews and spent tens of thousands of dollars on laboratory tests to determine what’s in these products. On top of that, I’m deep into organic product formulations and certified organic food production, serving as the supervisor of a USDA-certified organic food production and packing facility.
When I look around the natural products industry, I see examples of super honest, high-integrity companies like Nature’s Path and Dr. Bronner’s. I also see an alarming number of cheats, crooks and charlatans who are only involved in the industry to profit from the explosion of interest in health supplements. In truth, some nutritional products are downright dangerous to your health. My role as a journalist and activist is to help you tell the difference between products that are GOOD for you vs. products that might actually be toxic. Because ultimately, I want you to be healthy, vibrant, intelligent and active. I want you to enjoy life and improve the quality of your life.
Be prepared to be shocked in reading what follows. After reviewing this list, you will probably throw out quite a few products in your refrigerator and pantry. Very few people are willing to tell you the truth revealed here, so some of this may come as a complete shock (see #1 and #2, below).
#1) Maltodextrin (from GM corn)
Let’s start out with the big one first: If you pick up a natural product and the ingredients list says “maltodextrin,” chances are very high that the maltodextrin in the product is derived from Monsanto’s GM corn.
Virtually all the maltodextrin used throughout the natural products industry is genetically modified. Products that are certified USDA organic, however, are not using GMO maltodextrin.

The non-GMO, non-corn replacement for maltodextrin derived from GM corn is tapioca maltodextrin, and you’ll find tapioca starch / maltodextrin in many certified organic, non-GMO products. Corn maltodextrin should be avoided unless it’s certified USDA organic. Look for tapioca maltodextrin instead (or no maltodextrin at all).
#2) Vitamin C / acorbic acid (from GM corn)
Here’s another whopper that’s sure to open some eyes: Nearly all the “vitamin C” sold in vitamins across America right now is derived from GMO corn.
This means that many of the supplements sold at Whole Foods, the vitamins sold on Amazon.com, the pills at your local pharmacy, and especially the products at the grocery store are (nearly) all routinely made with genetically modified vitamin C. It’s typically called “ascorbic acid,” and nearly 100% of the ascorbic acid used in the natural products industry is derived from GMOs.
Sourcing non-GMO vitamin C requires you to go outside the United States. There is no existing supply chain of certified organic, non-GMO ascorbic acid available anywhere in America (at least not to my knowledge). You can’t even run batches of non-GMO ascorbic acid production in the USA because all the facilities are contaminated with residues of GM corn.
Rest assured that all those cheap “vitamin C” pills sold at retail are derived from genetically modified corn.
#3) Hexane-extracted soy and rice proteins
Nearly 100% of the “natural” soy proteins and rice proteins sold in the USA are extracted in China using a hexane extraction method. This is true for brown rice protein superfoods as well as the soy protein used in nearly all so-called “protein bars.”
Here’s a list of many of the protein bar brands currently using soy protein:
http://www.naturalnews.com/032862_soy_protein_food_bars.html
Hexane is a highly explosive chemical. It is not only extremely hazardous to the environment, there may also be trace amounts of hexane left remaining in the resulting protein products. My understanding is that hexane extraction is not allowed in certified organic proteins, so if you have a choice, go for certified organic instead of just “natural” (which means nothing anyway).
Hexane extraction, by the way, is also used in the manufacture of textured vegetable protein (TVP). Read more about TVP here:
http://www.naturalnews.com/033728_TVP_textured_vegetable_protein.html
#4) High levels of Aluminum in detox products
Natural News helped expose high aluminum levels (over 1200ppm) in a popular detox liquid, causing the main U.S. distributor to issue a “recall” notice and provide over $1 million in refunds to customers.
The manufacturer of this product, Adya Clarity, intentionally and knowingly deceived consumers by mislabeling the product and not mentioning the 1200ppm of aluminum it contained. The FDA seized some of the products and ran its own lab tests, confirming the high aluminum level as well as identifying multiple labeling violations.
Adya Clarity is just one of many so-called “detox” products containing alarming levels of aluminum and other metals. Ingesting these in order to “detox” your body may be harmful to your health. This experience also proves you can’t always trust health products sold through online webinars, where manufacturers can ignore labeling laws and fabricate false claims. Buyer beware when it comes to metals in detox products that claim seemingly magical results.
#5) Lead and arsenic in herbs from China
China is the most polluted nation on the planet (by far), yet many fruits, vegetables and herbs are grown in China and exported to North America for use in natural products.
High levels of lead and arsenic are routinely found in various food, supplement and herbal products from China. I’m not concerned about 1ppm or lower, by the way, of heavy metals like lead and mercury. Even aluminum isn’t necessarily a problem when found organically grown inside foods that test at higher levels such as 150ppm. But when lead, arsenic, mercury and cadmium get to high saturation levels (or are present in inorganic forms), it makes the products potentially a source of heavy metals poisoning for consumers.
Astonishingly, many of the small and medium-sized companies that import and retail products from China conduct no metals testing whatsoever. I know this as a fact because I’ve talked to people doing this.
For the record, everything packed under my own brand name (Health Ranger Select) and sold at the Natural News Store is independently tested by us to ensure full product safety and regulatory compliance.
#6) Inorganic minerals in cheap vitamins
Would you eat iron filings and call it nutrition? The majority of people don’t know that most of the cheap vitamins sold today are made with iron filings. “Scrap metal,” almost.
The calcium found in cheap vitamins is often just ground-up seashells, and magnesium is often sold as cheap magnesium oxide which may be completely useless to your body’s cells. If you’re buying mineral supplements, you may be wasting your money unless the minerals are in the right form: Magnesium orotate or malate, for example.
When it comes to mineral supplements, you’ll often find trace levels of scary things like barium and lead in liquid supplements, but these are typically at such low levels (ppb) that they are no real concern. But the No. 1 best source for all minerals is, not surprisingly, fresh plants. If you really want to boost your minerals, feed ‘em to sprouts or garden plants, then eat or juice those plants. Your body wants “organic” minerals from plants, not inorganic minerals from rocks.
#7) Carrageenan?
The Cornucopia Institute, a highly-effective food activism group that we’ve long supported, recently published a warning about carrageenan in foods. Cornucopia says carrageenan is linked to “gastrointestinal inflammation, including higher rates of colon cancer, in laboratory animals.”
It goes on to report:
Given its effect on gastrointestinal inflammation, Cornucopia urges anyone suffering from gastrointestinal symptoms (irritable bowel syndrome/IBS, spastic colon, inflammatory bowel disease, chronic diarrhea, etc.) to consider completely eliminating carrageenan from the diet to determine if carrageenan was a factor in causing the symptoms.
Personally, I have never had any problem with carrageenan, and given that it’s derived from seaweed, I also didn’t mind the source. I actually consume quite a lot of carrageenan in Blue Diamond almond milk, which I drink when I’m too busy to make my own raw almond milk. And I’ve never had a problem with it whatsoever. So from my personal experience, I don’t see carrageenan as a worrisome ingredient, but I do understand that some people experience it differently, and it may be troublesome for people whose digestive systems are more sensitive than my own.
For the record, I definitely don’t consider carrageenan to be anywhere near as worrisome as, say, aspartame, GMOs or MSG.
#8) Acrylamides
Acrylamides are cancer-causing chemicals produced during the cooking of carbohydrates. Fried snack chips, for example, contain acrylamides. They don’t have to be listed on labels because they are technically not “ingredients.” They are chemicals produced during cooking or frying. Consuming acrylamides increases kidney cancer risk by 59 percent.
The FDA has published an extensive reference guide on acrylamide levels in foods, revealing that french fries have the highest levels of all. But they are also present in prune juice and even breakfast cereals.
A bag of organic snack chips can have just as many acrylamides as a bag of conventional snack chips. This is why fried snack chips should be eaten only sparingly, or never at all. I’m guilty of eating some of these chips myself from time to time, but I limit the quantity and make sure I’m taking chlorella or other superfoods at the same time to counteract the acrylamides.
Interestingly, it turns out that vitamin C blocks acrylamides from causing damage to your body. But if your vitamin C is from a GMO source (see above), you may want to rethink that strategy. Natural citrus juice, rose hips or even camu camu berry powder is a much better choice of natural, full-spectrum vitamin C.
If you eat fried foods of any kind, make sure you ingest a lot of vitamin C, astaxanthin and chlorella before and after your meal or snack.
#9) Hidden MSG / yeast extract
Hidden MSG is a huge issue across the natural products industry. Pick up almost any veggie burger, and you’ll find it’s made with yeast extract, a hidden form of MSG (monosodium glutamate).
Yeast extract is unbelievably prevalent in the food industry because it looks nicer on the label than “MSG.” Most people are trained to avoid MSG, but yeast extract slips by, so food manufacturers put it into canned soups, dip mixes, snack chips, microwave dinners and especially in vegetarian products, many of which are so loaded with chemicals and additives that I won’t dare touch them. Just because a food says “vegetarian” doesn’t mean it’s healthy.
Hidden MSG is also labeled as “autolyzed yeast extract” or “torula yeast” or even “hydrolyzed vegetable protein.”
#10) Fluoride in green tea
Green tea is famous for being contaminated with high levels of fluoride. This is frustrating, because green tea is phenomenally good for your health. It has been proven to lower “bad” cholesterol levels, and it may even help prevent cancer and neurological disorders. It’s probably one of the healthiest beverages you can ever drink.
The tea plant that produces green tea just happens to uptake a huge amount of fluoride from the soils. So when there’s fluoride present in those soils, the green tea will have a surprisingly high concentration, sometimes as much as 25ppm.
An interesting article on this issue is found at Toxipedia.org:
http://toxipedia.org/display/toxipedia/Fluoride+Content+in+Tea
While this fluoride in green tea might not be a health hazard all by itself, the governments of the world seem insistent on pumping even more synthetic, chemical fluoride into the water supplies, thereby creating a high risk for fluorosis. Adding green tea to the fluoride consumption you might experience from tap water is a recipe for disaster: brittle bones, discoloration of teeth and even cancer.

Read more - 

http://www.naturalnews.com/039638_toxins_ingredients_nutritional_supplements.html

60 Completely Outrageous Ways The U.S. Government Is Wasting Money - 


Is there anyone better at wasting money then the U.S. government?  Despite the sequester and all of the talk about “deep cutbacks”, the federal government continues to waste money in some of the most outrageous ways imaginable.  For example, does the U.S. government really have to spend hundreds of thousands of dollars to study the size and shape of the reproductive organs of ducks?  Does the U.S. government really have to spend 1.5 million dollars to study why so many lesbians are overweight?  There is so much waste that could still be cut out of the federal budget, and yet the very small sequester cuts that just happened are being described as “catastrophic” by many of our politicians.  But you know what?  The federal government will still spend more money in fiscal year 2013 than it did in fiscal year 2012 even after the sequester cuts are factored in.  So if this is how much whining our politicians will do even though government spending is still going up, what would they do if we were actually forced to start living within our means at some point?  That is something to think about.  In any event, please show this article to anyone that believes that the U.S. government is actually “tightening the belt”.  Sadly, the truth is that the federal government is still wasting our money in some of the most frivolous ways that you could possibly imagine.

The following are some of the completely outrageous ways that the U.S. government is wasting money…

#1 The National Science Foundation has given $384,949 to Yale University to do a study on “Sexual Conflict, Social Behavior and the Evolution of Waterfowl Genitalia”.  Try not to laugh, but much of this research involves examining and measuring the reproductive organs of male ducks.

#2 The IRS spent $60,000 on a film parody of “Star Trek” and a film parody of “Gilligan’s Island”.  Internal Revenue Service employees were the actors in the two parodies, so as you can imagine the acting was really bad.

#3 The National Institutes of Health has given $1.5 million to Brigham and Women’s Hospital in Boston, Massachusetts to study why “three-quarters” of lesbians in the United States are overweight and why most gay males are not.

#4 The National Institutes of Health has also spent $2.7 million to study why lesbians have more “vulnerability to hazardous drinking”.

#5 The U.S. government is giving sixteen F-16s and 200 Abrams tanks to the Muslim Brotherhood in Egypt even though the new president of Egypt, Mohammed Morsi (a member of the Muslim Brotherhood), constantly makes statements such as the following…

“Dear brothers, we must not forget to nurse our children and grandchildren on hatred towards those Zionists and Jews, and all those who support them”

#6 During 2012, the salaries of Barack Obama’s three climate change advisers combined came to a grand total of more than $370,000.

#7 Overall, 139 different White House staffers were making at least $100,000during 2012, and there were 20 staffers that made the maximum of $172,200.

#8 Amazingly, U.S. taxpayers spend more than 1.4 billion dollars a year on the Obamas.  Meanwhile, British taxpayers only spend about  58 million dollars on the entire royal family.

#9 During 2012, $25,000 of federal money was spent on a promotional tour for the Alabama Watermelon Queen.

#10 The U.S. government spent $505,000 “to promote specialty hair and beauty products for cats and dogs” in 2012.

#11 NASA spends close to a million dollars a year developing a menu of food for a manned mission to Mars even though it is being projected that a manned mission to Mars is still decades away.

#12 During 2012, the federal government spent 15 million dollars to help Russian weapons institutes recruit nuclear scientists.

#13 Over the past 15 years, a total of approximately $5.25 million has been spent on hair care services for the U.S. Senate.

#14 The U.S. government spent 27 million dollars to teach Moroccans how to design and make pottery in 2012.

#15 At a time when we have an epidemic of unemployment in the United States, the U.S. Department of Education is spending $1.3 million to “reduce linguistic, academic, and employment barriers for skilled and low-skilled immigrants and refugees, and to integrate them into the U.S. workforce and professions.”

#16 The federal government still sends about 20 million dollars a year to the surviving family members of veterans of World War I, even though World War I ended 94 years ago.

#17 The U.S. government is spending approximately 3.6 million dollars a year to support the lavish lifestyles of former presidents such as George W. Bush and Bill Clinton.

#18 During fiscal 2012, the National Science Foundation gave researchers at Purdue University $350,000.  They used part of that money to help fund a study that discovered that if golfers imagine that a hole is bigger it will help them with their putting.

#19 The U.S. government is giving hundreds of millions of dollars to the Palestinian Authority every year.

#20 Federal agencies have purchased a total of approximately 2 billion rounds of ammunition over the past 10 months.  It is claimed that all of this ammunition is needed for “training purposes”.

#21 During 2012, the National Science Foundation spent $516,000 on the creation of a video game called “Prom Week” which apparently simulates “all the social interactions of the event.”

#22 If you can believe it, $10,000 of U.S. taxpayer money was actually used to purchase talking urinal cakes up in Michigan.

#23 When Joe Biden and his staff took a trip to London back in February, the hotel bill cost U.S. taxpayers $459,388.65.

#24 Joe Biden and his staff also stopped in Paris for one night back in February.  The hotel bill for that one night came to $585,000.50.

#25 If you can believe it, close to 15,000 retired federal employees are currently collecting federal pensions for life worth at least $100,000 annually.  That list includes such names as Newt Gingrich, Bob Dole, Trent Lott, Dick Gephardt and Dick Cheney.

#26 The U.S. Department of Agriculture has spent $300,000 to encourage Americans to eat caviar.

#27 The National Institutes of Health recently gave $666,905 to a group of researchers that is conducting a study on the benefits of watching reruns on television.

#28 The National Science Foundation has given 1.2 million dollars to a team of “scientists” that is spending part of that money on a study that is seeking to determine whether elderly Americans would benefit from playing World of Warcraft or not.

#29 The National Institutes of Health recently gave $548,731 to a team of researchers that concluded that those that drink heavily in their thirties also tend to feel more immature.

#30 The National Science Foundation recently spent $30,000 on a study to determine if “gaydar” actually exists.  This is the conclusion that the researchers reached at the end of the study….

“Gaydar is indeed real and… its accuracy is driven by sensitivity to individual facial features”

Here are 30 more examples of outrageous government waste from one of my previous articles entitled “Chimps Throwing Poop And 29 Other Mind Blowing Ways That The Government Is Wasting Your Money“…

#1 In 2011, the National Institutes of Health spent $592,527 on a study that sought to figure out once and for all why chimpanzees throw poop.

#2 The National Institutes of Health has spent more than 5 million dollars on a website called Sexpulse that is targeted at “men who use the Internet to seek sex with men”.  According to Fox News, the website “includes pornographic images of homosexual sex as well as naked and scantily clad men” and features “a Space Invaders-style interactive game that uses a penis-shaped blaster to shoot down gay epithets.”

#3 The General Services Administration spent $822,751 on a “training conference” for 300 west coast employees at the M Resort and Casino in Las Vegas.

The following is how the Washington Post described some of the wasteful expenses that happened during this “conference”…

Among the “excessive, wasteful and in some cases impermissable” spending the inspector general documented: $5,600 for three semi-private catered in-room parties and $44 per person daily breakfasts; $75,000 for a “team-building” exercise — the goal was to build a bicycle; $146,000 on catered food and drinks; and $6,325 on commemorative coins in velvet boxes to reward all participants for their work on stimulus projects. The $31,208 “networking” reception featured a $19-per-person artisanal cheese display and $7,000 of sushi. At the conference’s closing-night dinner, employees received “yearbooks” with their pictures, at a cost of $8,130.

You can see some stunning pictures of GSA employees living the high life in Las Vegas right here.

#4 Do you remember when credit rating agency Egan Jones downgraded U.S. government debt from AA+ to AA?  Well, someone in the federal government apparently did not like that at all.  According to Zero Hedge, the SEC plans to file charges against Egan Jones for “misstatements” on a regulatory application with the SEC.

Normally, the SEC does not go after anyone.  After all, when is the last time a major banker went to prison?

No, the truth is that the SEC is usually just a huge waste of taxpayer money.  According to ABC News, one investigation found that 17 senior SEC officials had been regularly viewing pornography while at work.  While the American people were paying their salaries, this is what senior SEC officials were busy doing…

One senior attorney at SEC headquarters in Washington spent up to eight hours a day accessing Internet porn, according to the report, which has yet to be released. When he filled all the space on his government computer with pornographic images, he downloaded more to CDs and DVDs that accumulated in boxes in his offices.

An SEC accountant attempted to access porn websites 1,800 times in a two-week period and had 600 pornographic images on her computer hard drive.

Another SEC accountant used his SEC-issued computer to upload his own sexually explicit videos onto porn websites he joined.

And another SEC accountant attempted to access porn sites 16,000 times in a single month.

#5 According to InformationWeek, the federal government is spending “millions of dollars” to train Asian call center workers.

#6 If you can believe it, the federal government has actually spent $750,000 on a new soccer field for detainees held at Guantanamo Bay.

#7 The U.S. Agency for International Development spent 10 million dollars to create a version of “Sesame Street” for Pakistani television.

#8 The Obama administration has plans to spend between 16 and 20 million dollars to help students from Indonesia get master’s degrees.

#9 The National Science Foundation spent $198,000 on a University of California-Riverside study that explored “motivations, expectations and goal pursuit in social media.” One of the questions the study sought an answer to was the following: “Do unhappy people spend more time on Twitter or Facebook?”

#10 The federal government actually has spent $175,587 “to determine if cocaine makes Japanese quail engage in sexually risky behavior”.

#11 In 2011, $147,138 was given to the American Museum of Magic in Marshall, Michigan.  Their best magic trick is making U.S. taxpayer dollars disappear.

#12 The federal government recently spent $74,000 to help Michigan “increase awareness about the role Michigan plays in the production of trees and poinsettias.”

#13 In 2011, the federal government gave $550,000 toward the making of a documentary about how rock and roll contributed to the fall of the Soviet Union.

#14 The National Institutes of Health has contributed $55,382 toward a study of “hookah smoking habits” in the country of Jordan.

#15 The federal government gave $606,000 to researchers at Columbia University to study how heterosexuals use the Internet to find love.

#16 A total of $133,277 was recently given to the International Center for the History of Electronic Games for video game preservation.  The International Center for the History of Electronic Games says that it “collects, studies, and interprets video games, other electronic games, and related materials and the ways in which electronic games are changing how people play, learn, and connect with each other, including across boundaries of culture and geography.”

#17 The federal government has given approximately $3 million to researchers at the University of California at Irvine to fund their research into video games such as World of Warcraft.

#18 In 2011, the National Science Foundation gave one team of researchers$149,990 to create a video game called “RapidGuppy” for cell phones and other mobile devices.

#19 The U.S. Department of Agriculture once handed researchers at the University of New Hampshire $700,000 to study methane gas emissions from dairy cows.

#20 In 2011, $936,818 was spent developing an online soap opera entitled “Diary of a Single Mom”.  The show “chronicles the lives and challenges of three single mothers and their families trying to get ahead despite obstacles that all single mothers face, such as childcare, healthcare, education, and finances.”

#21 The federal government once shelled out $2.6 million to train Chinese prostitutes to drink responsibly.

#22 Last year, the federal government spent $96,000 to buy iPads for kindergarten students in Maine.

#23 The U.S. Postal Service once spent $13,500 for a single dinner at Ruth’s Chris Steakhouse.

#24 In 2011, the Air Force Academy completed work on an outdoor worship area for pagans and Wiccans.  The worship area consists of “a small Stonehenge-like circle of boulders with [a] propane fire pit” and it cost $51,474to build.  The worship area is “for the handful of current or future cadets whose religions fall under the broad category of ‘Earth-based’, which includes Wiccans, druids and pagans.”  At this point, that only includes 3 current students at the Air Force Academy.

#25 The National Institutes of Health once gave researchers $400,000 to study why gay men in Argentina engage in risky sexual behavior when they are drunk.

#26 The National Institutes of Health once gave researchers $442,340 to study the behavior of male prostitutes in Vietnam.

#27 The National Institutes of Health once spent $800,000 in “stimulus funds” to study the impact of a “genital-washing program” on men in South Africa.

#28 The National Science Foundation recently spent $200,000 on a study that examined how voters react when politicians change their stances on climate change.

#29 The federal government recently spent $484,000 to help build a Mellow Mushroom pizzeria in Arlington, Texas.

#30 At this point, China is holding over a trillion dollars of U.S. government debt.  But that didn’t stop the United States from sending 17.8 million dollars in foreign aid to China in 2011.

So what do you think about all of this government waste?

Please feel free to share your thoughts by posting a comment below…

Read more -

http://www.blacklistednews.com/60_Completely_Outrageous_Ways_The_U.S._Government_Is_Wasting_Money/24941/0/38/38/Y/M.html