Monday, November 8, 2010

Monday 11-08-10

Talk about irony?

Ron Paul May Oversee Fed
NEW YORK (TheStreet) -- Rep. Ron Paul (R., Texas), who wants to abolish the Federal Reserve, could end up overseeing it as part of the Republican takeover of the House of Representatives.
Paul is the ranking member of the Subcommittee on Domestic Monetary Policy and Technology on the House Financial Services Committee, which has oversight for the Fed, the U.S. Mint and U.S. interaction with the World Bank, Politico points out.
The Republican leadership will make the final call on whether Paul gets to oversee the Fed, which, of course, in addition to setting monetary policy, now has an even more important role in overseeing big financial institutions including not only traditional banking giants like Bank of America(BAC_), Citigroup(C_) and Wells Fargo(WFC_), but a host of other systemically important institutions like Goldman Sachs(GS_), AIG(AIG_) and General Electric(GE_)'s financial unit.
Paul got some traction recently with legislation proposing to audit the notoriously secretive Fed. He also wants to re-establish the gold standard.
Paul won re-election to the House of Representatives easily on Tuesday, getting just over 140,000 votes, good for 76% of those who turned out in Texas's 14th District. His son, Rand Paul, also won Tuesday as a Republican senator in Kentucky, largely on the strength of his Tea Party affiliation.

http://www.thestreet.com/story/10913171/1/ron-paul-may-oversee-fed.html?cm_ven=GOOGLEN

Positive attitude adds years to your life
More and more studies show a positive attitude can add years to your life.
Chalk it up to stress and how it negatively impacts your health.

A Dutch study of 999 people over 65 found that more optimistic people had a 77 percent lower risk of heart disease.

A Yale study of 660 older people looked at how they viewed their usefulness as they aged. Those who were more positive lived on average 7.5 years longer.

A 30-year Mayo Clinic study found people with positive attitudes had a 50 percent lower risk of death.

In interpreting the data, David R.Hamilton writes for the Huffington Post that people with positive attitudes get less stressed on a day-to-day basis. Their attitude makes a difference when something goes wrong. Stress and the inflammation in your body that accompanies it can speed up the aging process, he says.

http://www.wtopnews.com/?nid=106&sid=2105587

Pa. cops spar with licensed concealed carrierPolice confiscated guns and permits from the man after locking horns with him two weekends in a row
By Stephanie Farr
Philadelphia Inquirer

PHILADELPHIA — John Solomon thinks the police are messing with him. The police think the same thing about John Solomon.

On two afternoons in a row last week, Solomon, 24, was arrested after hanging out at a North Philadelphia bus stop, and each time, the cops confiscated from him a legally owned gun and a separate license to carry a gun, the licensed security guard said yesterday.

"They locked me up for loitering at a bus stop," said Solomon, who has a special concealed-carry permit for security-training officers and one of the controversial gun permits issued by Florida. "And they took my guns away."

Police think that Solomon was being insolent and used poor judgment, including by showing up armed at the same bus stop at which he was arrested the previous day.

"If he's that defiant, should this guy have a gun?" said Sgt. Ray Evers, a police spokesman. "The most uncommon human trait is common sense. He's not using good, adult judgment."
The first day, cops charged Solomon with a summary citation for failure to disperse when he refused to leave the bus stop at Broad Street and Olney Avenue, a "known drug corner," after being asked to do so four times by police, Evers said.

Solomon said that it's the same bus stop he waits at every day and that he allowed four buses to pass by him because it was about 3 p.m. and he didn't feel like riding a bus full of kids leaving school.

He agrees that he refused to leave when asked repeatedly by two beat cops.

"I was mad. I told them you can't lock me up for waiting for a bus," he said. "I'm allowed to miss a bus or two."

Solomon, of Germantown, an independent contractor who works with the Parapet Group, a security and law-enforcement training company, said he was taken into custody and held for seven hours. He said city police confiscated his gun and his Act 235 license, issued by State Police to security-training officers.

Solomon had received that same gun back one week earlier, after petitioning the courts for months to return it. The gun had been confiscated when he was a passenger during a 2009 car stop, he said, adding that he was never charged in that case.

When cops took his gun and Act 235 permit yesterday, they let him keep the Florida license.

Solomon said he never applied for a Pennsylvania permit, and got the Florida permit because he travels often for security work.

Residents in Pennsylvania can get a license through the mail from Florida - even if they have been denied a license here or if theirs has been revoked - because of a reciprocity agreement between Pennsylvania and a handful of other states. Anti-gun activists and politicians have called for the abolition of the so-called Florida gun loophole.

Solomon was one of nine men in an August Daily News story whose legally owned guns were taken by police while they carried a Florida permit or an Act 235.

The day after his first arrest last week, Solomon returned to the same bus stop and began taking pictures of others who were standing around, as he was instructed to do by an attorney he consulted, he said.

"A bunch of other people was loitering, but they [police] didn't say nothing to them," Solomon said.

He said that the same two beat cops approached him and that one of them erased the pictures from his cell phone. He said that one of the cops pocketed his Florida gun permit and that they took another handgun away from him.

"If I'm up there taking pictures, what is wrong with that?" he said. "What was the reason for you taking me in for investigation?"

He was again taken into custody and held for six hours. He said he received a property receipt for his gun, but not his permit. He was not charged with a crime, according to online court records.
Evers said that Solomon has been "evasive and uncooperative" and that police had every right to take his guns and permits.

"The gun has been taken because when you go through the process of arrest, we have the right to take your gun and secure it and you have to fight to get it back," he said. "If the cops tell you to move four times and you don't move, what do you expect?"

http://www.policeone.com/news/2864454-Pa-cops-spar-with-licensed-concealed-carrier/

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