Friday, August 28, 2009
Bush's Search Policy For Travelers Is Kept.
The Obama administration will largely preserve Bush-era procedures allowing the government to search -- without suspicion of wrongdoing -- the contents of a traveler's laptop computer, cellphone or other electronic device, although officials said new policies would expand oversight of such inspections. The policy, disclosed Thursday in a pair of Department of Homeland Security directives, describes more fully than did the Bush administration the procedures by which travelers' laptops, iPods, cameras and other digital devices can be searched and seized when they cross a U.S. border. And it sets time limits for completing searches...Link
Ticks Vs. Cancer.........
It may be one of nature’s repulsive little blood-sucking parasites, but the humble tick could yield a future cure for cancers of the skin, liver and pancreas, Brazilian researchers have discovered. They have identified a protein in the saliva of a common South American tick, Amblyomma cajennense, that apparently reduces and can even eradicate cancerous cells while leaving healthy cells alone. “This is a radical innovation,” said Ana Marisa Chudzinski-Tavassi, the molecular biologist at the Instituto Butantan in Sao Paulo who is leading the research. “The component of the saliva of this tick… could be the cure for cancer,” she told AFP...Link
Barney Frank says Ron Paul bill will pass.....
House Financial Services Chairman Rep. Barney Frank, Massachusetts Democrat, said he expects former GOP presidential candidate Ron Paul's legislation to audit the Fed to pass out of his committee in October as part of a larger regulatory package. Rep. Paul's, Texas Republican, bill if added to Mr. Frank's other proposed reforms could give a boost to a financial regulation package the Obama Administration wanted to pass last spring. The Fed bill has 282 co-sponsors, including every Republican member of the House and a considerable number of Democrats. The Senate's lead sponsor of the bill is Sen. Bernard Sanders, a Vermont independent and self-described socialist. Today, the Government Accountability Office has no power to audit the Federal Reserve. Mr. Paul's bill would empower the government watchdog to do so and make their findings available to the public...Link
The Spin is beginning..............
The biggest threat to investors is no longer poor oversight and regulation of financial markets. Indeed, there exists a more immediate and dangerous threat today – the passing of Ron Paul’s H.R. 1207 bill and the inflationary consequences that it brings. While it may not be the intent of the lawmakers, Ron Paul’s Federal Reserve Transparency Act (H.R. 1207) will enable the congress to influence the outcomes of monetary policy through an audit of the Federal Reserve’s day-to-day operations, thus severely compromising the independence of the U.S. central bank from political influences...Link
Pot News.........
Denver may soon become the most laid-back city in America. As far as its marijuana laws are concerned, that is. A city panel recommended on Wednesday that Denver lower its penalty for marijuana possession by adults to just $1. The fine currently sits at $50. The state also mandates an additional $100 surcharge and an additional $10 fee. “The panel was created by Mayor John Hickenlooper in December 2007 after voters passed an ordinance that made it so adult marijuana possession is the city’s ‘lowest law enforcement priority,’” noted Colorado’s NBC 9News. The panel voted 6-2 to recommend the fee change, according to The Denver Post...Link
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