MF Global's Jon Corzine Is Connected

Jon Corzine, who directed the implosion of MF Global and theft of customer money, was the prior Governor of New Jersey.  Jon Corzine was a big Obama fundraiser.  We now learn Corzine had Bill Clinton on his payroll.

This is simply paying for political access.  Since Corzine didn't have the required financial approvals to be running a financial firm, his political connections allowed for him to bypass the rules.  Jon Corzine is the 1%; his being a Democrat is not relevant to theft of customer funds and political influence.

Clinton Collected $50K Per Month From MF Global

A former MF Global employee accused former president William J. Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before the brokerage careened towards its Halloween filing for Chapter 11 bankruptcy.

Coldest Tucson

Tucson recorded the coldest recorded weather in modern times.  Is this part of global warming or does this indicate cooling?

Cold Weather Affecting Tucson Water Customers

According to Fernando Molina, Public Information Officer for Tucson Water, the extreme cold has caused electronic control instrumentation at various reservoir and booster sites to malfunction, automatically shutting down pumps.

Police Become Military

The military is so over-funded they are giving military hardware to local police forces in the USA.  Free.

Average Americans do not want to live in militarized cities.  If the Department of Defense has too much money for hardware, maybe they can return those funds to reduce the national debt.

"1033 Program" that gave more than $500 million of military gear to US police in 2011 alone.  This upswing coincides with an increasingly military-like style of law-enforcement most recently seen in the Occupy Wall Street crackdowns.

Tim Lynch, director of the Cato Institute's project on criminal justice told The Daily, “The trend toward militarization was well under way before 9/11, but it’s the federal policy of making surplus military equipment available almost for free that has poured fuel on this fire.”

Iceland Recovers

Ireland use the taxpayers to bail out bad bets by banks.  Iceland told the bankers to take their losses.  While Ireland struggles under unpayable debt, Iceland recovers

The following title should more accurately be "Iceland on mend because of refusal to bail out banks".

Iceland on mend in spite of refusal to bail out banks

A report from the IMF that lent the country $2.1 billion said that Iceland is experiencing a moderate recovery, unemployment is declining and the government was able to return to the capital markets earlier this year.