Jesus said in Matthew 24:42 to be on watch for His imminent return and in Matthew 16:3 to discern the signs of the times. Time is drawing to a close and the Body of Christ
must be prepared and on watch for His return. we must understand the days in which we live. Let us not be like those who Jesus rebuked with the words,
You know how to interpret the appearance of the sky, but you cannot interpret the signs of the times.
Matthew 16:3
God Freedom Liberty - United States Constitution And Supporters of Our Rights
Churches of Cowards - By Wild Bill for America
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https://wildbillforamerica.wordpress.com/2016/07/26/churches-of-cowards/
Our nation is filled with corrupti...
A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences. -- (((Charles Finney, said the following: “If there is a decay of conscience, the pulpit is responsible for it))) --
THOSE WHO WILL DO NOTHING NOW, WHEN IT COSTS THEM LITTLE - WILL DO EVEN LESS LATER, WHEN IT COST THEM EVEN MORE
Stan Deyo Earthquake / Volcanic Forecasts
Earthquake / Volcanic Forecasts
Preparing for what is coming to America - Prepare to Defend America
California Considers Ban on All Gun Dealers / US Economics Explained: How Big is the U.S. Debt? - Learn Liberty / SHERIFF WARNS: EVERY COUNTY WILL BE 'BORDER COUNTY'... / Church receives millions from Feds to relocate illegals in USA, says America 'raped' migrants' countries... / TX secession gets real... / BREAKING: Intel Cutting Up to 12,000 Jobs or 11% of Employees / Catastrophic Leak at Hanford Nuclear Storage Facility… Up to 3,500 gallons of nuclear waste leak at Washington State storage site…= Alarming / SAUDI ARABIA BORROWS TEN BILLION DOLLARS AS OIL SLUMP DRAINS RESERVES... / Preachers That Are Saying It Is ‘Anti-Christian’ To Get Prepared Are Being Exceedingly Irresponsible / Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again / How ISIS Treats Women And Signs Of Global Economic Collapse - Michael & Meranda Snyder Episode 4 / RUSSIA READIES; BOOSTS SUB PATROLS... / IRAN CONDUCTS SPACE LAUNCH / US law enforcement bulking up on riot control gear.../ Retail demand for organics is exploding so rapidly that Costco is actually lending money to farmers to grow more organic food / 47 Percent Of Americans Cannot Even Come Up With $400 To Cover An Emergency Room Visit / Russia Threatens U.S., Will Respond With "All Necessary Means" To Any NATO Intimidation Attempts / The SUNE Finally Sets: SunEdison Files For Bankruptcy / Preachers That Are Saying It Is ‘Anti-Christian’ To Get Prepared Are Being Exceedingly Irresponsible: / Obama just gave cops the OK to simply take your stuff / State flags removed at US Capitol over Confederate emblem... / Large Retailer Now Allows Men Into Women’s Restrooms Across the Country / No deal! Greece and its lenders disagree on loan terms / It Begins—-Insolvent Central States Pension Fund To Slash Benefits By 23% For A Quarter Million Retirees / Islamist Turkey seizes ALL Christian churches in city and declares them ‘state property’ / Russia sends its highest number of submarines to the Scottish and Scandinavian coastlines for 20 years as Putin flexes his muscles and challenges US and Nato
On April 19, a bill that could literally ban all Federal Firearm License holders (FFLs) from doing business in the state of California goes before the State Assembly Committee on Privacy and Consumer Protection.
The bill–Assembly Bill 2459–is sponsored by Assembly Member Kevin McCarty (D-Sacramento). If passed, it would shackle FFLs with four new requirements, the totality of which could simply force gun stores to close their doors.
The NRA-ILA reported the four proposed requirements:
A prohibition on licensee business premises being on a residential property.
A clear statement that localities may impose more restrictive requirements on licensees than those imposed by state law.
A requirement that licensees maintain full color video surveillance that is of sufficient quality to provide for facial recognition and records all firearm transactions on the premises, all locations where firearms and ammunition are stored, the immediate exterior of the licensed premises, and all parking facilities owned by the licensee. The video equipment would be required to run during all business hours and be set to begin recording when motion is detected at all other times. The licensee would have to certify to having compliant video equipment at least yearly and make any needed repairs to the equipment within 15 days of any damage. The footage would need to be stored on the premises for at least five years, but that could be extended if the footage may be part of a law enforcement investigation. Licensees would also be required to post a prominent sign indicating that customers are being recorded.
All licensees would be required to have a liability policy of a minimum of $1M per incident to cover liability arising from “theft, sale, lease or transfer or offering for sale, lease or transfer of a firearm or ammunition, or any other operations of the business and business premises.
Members of the San Antonio Living History Association commemorate the Texas independence battle at the Alamo. (Kin Man Hui/San Antonio Express-News via AP) TX secession gets real...
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More than 25 million people live in the vicinity of Mt. Popocatepetl, including Mexico City’s 18 million residents. At 2:32 local time on Tuesday morning, the most dangerous volcano in Mexico roared to life in spectacular fashion, and this has many experts extremely concerned about what is coming next. Popocatepetl is an Aztec word that means “smoking mountain”, and historians tell us that once upon a time entire Aztec cities were buried in super-heated mud from this volcano. In fact, the super-heated mud flows were so deep that they buried entire Aztec pyramids. A full-blown eruption of Mt. Popocatepetl would be a catastrophe unlike anything that modern Mexico has ever experienced before, and considering what has been happening in Ecuador, Japan and at Yellowstone over the past week, I believe that there is great reason for concern. (Read More...)
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Is it “anti-faith” to prepare for the very hard times that are coming? You would be surprised at how many Christians believe that this is true. Recently, I have been reading a number of articles by Christian leaders that take the position that Christians should not be preppers, and not too long ago I watched two very well known ministers actually mock the idea of preparing for the future on a major Christian television show. To me, this is exceedingly irresponsible. If you don’t want to do anything to get prepared for the very difficult years that are coming that is your business, but don’t urge multitudes of your fellow believers to go down that road with you. (Read More....)
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The Dow closed above 18,000 on Monday for the first time since July. Isn’t that great news? I truly wish that it was. If the Dow actually reflected economic reality, I could stop writing about “economic collapse” and start blogging about cats or football. Unfortunately, the stock market and the economy are moving in two completely different directions right now. Even as stock prices soar, big corporations are defaulting on their debts at a level that we have not seen since the last financial crisis. In fact, this wave of debt defaults have become so dramatic that even USA Today is reporting on it… (Read More....)
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How ISIS Treats Women And Signs Of Global Economic Collapse - Michael & Meranda Snyder Episode 4
I have warned that Illinois is on the brink of bankruptcy. Now, Illinois Comptroller Leslie Geissler Munger says she will delay monthly paychecks for lawmakers and statewide officials since there isn’t enough money to pay the state’s bills and other services should come first. This is really interesting. What will happen next when
/ Obama moves to change $5, $10 and $20 bills...
The drone footage that you are about to see is absolutely jaw-dropping. When I first watched it, I could hardly believe the extent of the devastation that has taken place on Japan’s southern island. Near the end of last week, a magnitude 6.5 earthquake was quickly followed by a magnitude 7.3 earthquake just 28 hours later. Those earthquakes made headlines all over the globe, but at first glance those numbers don’t really look that big. So why was there such tremendous damage? Well, it turns out that those two major quakes worked in conjunction with more than 600 smaller quakes to cause historic devastation all across Kyushu. As you are about to see, giant fissures have opened up in the ground right along a fault line that runs directly across Japan’s southern island, and this has a lot of people extremely alarmed. (Read More...)
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If you had to make a sudden visit to the emergency room, would you have enough money to pay for it without selling something or borrowing the funds from somewhere? Most Americans may not realize this, but this is something that the Federal Reserve has actually been tracking for several years now. And according to the Fed, an astounding 47 percent of all Americans could not come up with $400 to pay for an emergency room visit without borrowing it or selling something. Various surveys that I have talked about in the past have found that more than 60 percent of all Americans are living to paycheck to paycheck, but I didn’t realize that things were quite this bad for about half the country. If you can’t even come up with $400 for an unexpected emergency room visit, then you are just surviving from month to month by the skin of your teeth. Unfortunately, about half of us are currently in that situation. (Read More....)
The paper system being founded on public confidence and having of itself no intrinsic value, it is liable to great and sudden fluctuations, thereby rendering property insecure and the wages of labor unsteady and uncertain. The corporations which create the paper money can not be relied upon to keep the circulating medium uniform in amount. In times of prosperity, when confidence is high, they are tempted by the prospect of gain or by the influence of those who hope to profit by it to extend their issues of paper beyond the bounds of discretion and the reasonable demands of business; and when these issues have been pushed on from day to day, until public confidence is at length shaken, then a reaction takes place, and they immediately withdraw the credits they have given, suddenly curtail their issues, and produce an unexpected and ruinous contraction of the circulating medium, which is felt by the whole community. The banks by this means save themselves, and the mischievous consequences of their imprudence or cupidity are visited upon the public. Nor does the evil stop here. These ebbs and flows in the currency and these indiscreet extensions of credit naturally engender a spirit of speculation injurious to the habits and character of the people. We have already seen its effects in the wild spirit of speculation in the public lands and various kinds of stock which within the last year or two seized upon such a multitude of our citizens and threatened to pervade all classes of society and to withdraw their attention from the sober pursuits of honest industry. It is not by encouraging this spirit that we shall best preserve public virtue and promote the true interests of our country; but if your currency continues as exclusively paper as it now is, it will foster this eager desire to amass wealth without labor; it will multiply the number of dependents on bank accommodations and bank favors; the temptation to obtain money at any sacrifice will become stronger and stronger, and inevitably lead to corruption, which will find its way into your public councils and destroy at no distant day the purity of your Government. Some of the evils which arise from this system of paper press with peculiar hardship upon the class of society least able to bear it. A portion of this currency frequently becomes depreciated or worthless, and all of it is easily counterfeited in such a manner as to require peculiar skill and much experience to distinguish the counterfeit from the genuine note. These frauds are most generally perpetrated in the smaller notes, which are used in the daily transactions of ordinary business, and the losses occasioned by them are commonly thrown upon the laboring classes of society, whose situation and pursuits put it out of their power to guard themselves from these impositions, and whose daily wages are necessary for their subsistence. It is the duty of every government so to regulate its currency as to protect this numerous class, as far as practicable, from the impositions of avarice and fraud. It is more especially the duty of the United States, where the Government is emphatically the Government of the people, and where this respectable portion of our citizens are so proudly distinguished from the laboring classes of all other nations by their independent spirit, their love of liberty, their intelligence, and their high tone of moral character. Their industry in peace is the source of our wealth and their bravery in war has covered us with glory; and the Government of the United States will but ill discharge its duties if it leaves them a prey to such dishonest impositions. Yet it is evident that their interests can not be effectually protected unless silver and gold are restored to circulation. – From Andrew Jackson’s Farewell Adress, March 4, 1837 I’ve always found it quite ironic that the one man who hated central banking more than any other American in the nation’s history, would ultimately find his face plastered on the $20 Federal Reserve note. Today, we found out his image would be replaced by Harriet Tubman, so I thought it might be a worthwhile exercise to go ahead and read Andrew Jackson’s March 4, 1837 Farewell Address to the nation. The speech was pretty representative of the man’s complicated and understandably controversial legacy. On the deplorable side, we find degrading and offensive comments regarding the Native American population (which he played an instrumental role in destroying), as well as an implicit defense of slavery. On the admirable side, he offered a great deal of wisdom on topics such as foreign policy, taxation and, of course, central banking. I strongly suggest you read the entire speech, but today’s post will only focus on the main thrust of his speech, which consisted of a dire warning to future generations about the corruption and theft internet in central banking. Enjoy:
In reviewing the conflicts which have taken place between different interests in the United States and the policy pursued since the adoption of our present form of Government, we find nothing that has produced such deep-seated evil as the course of legislation in relation to the currency. The Constitution of the United States unquestionably intended to secure to the people a circulating medium of gold and silver. But the establishment of a national bank by Congress, with the privilege of issuing paper money receivable in the payment of the public dues, and the unfortunate course of legislation in the several States upon the same subject, drove from general circulation the constitutional currency and substituted one of paper in its place. It was not easy for men engaged in the ordinary pursuits of business, whose attention had not been particularly drawn to the subject, to foresee all the consequences of a currency exclusively of paper, and we ought not on that account to be surprised at the facility with which laws were obtained to carry into effect the paper system. Honest and even enlightened men are sometimes misled by the specious and plausible statements of the designing. But experience has now proved the mischiefs and dangers of a paper currency, and it rests with you to determine whether the proper remedy shall be applied. The paper system being founded on public confidence and having of itself no intrinsic value, it is liable to great and sudden fluctuations, thereby rendering property insecure and the wages of labor unsteady and uncertain. The corporations which create the paper money can not be relied upon to keep the circulating medium uniform in amount. In times of prosperity, when confidence is high, they are tempted by the prospect of gain or by the influence of those who hope to profit by it to extend their issues of paper beyond the bounds of discretion and the reasonable demands of business; and when these issues have been pushed on from day to day, until public confidence is at length shaken, then a reaction takes place, and they immediately withdraw the credits they have given, suddenly curtail their issues, and produce an unexpected and ruinous contraction of the circulating medium, which is felt by the whole community. The banks by this means save themselves, and the mischievous consequences of their imprudence or cupidity are visited upon the public. Nor does the evil stop here. These ebbs and flows in the currency and these indiscreet extensions of credit naturally engender a spirit of speculation injurious to the habits and character of the people. We have already seen its effects in the wild spirit of speculation in the public lands and various kinds of stock which within the last year or two seized upon such a multitude of our citizens and threatened to pervade all classes of society and to withdraw their attention from the sober pursuits of honest industry.It is not by encouraging this spirit that we shall best preserve public virtue and promote the true interests of our country; but if your currency continues as exclusively paper as it now is, it will foster this eager desire to amass wealth without labor; it will multiply the number of dependents on bank accommodations and bank favors; the temptation to obtain money at any sacrifice will become stronger and stronger, and inevitably lead to corruption, which will find its way into your public councils and destroy at no distant day the purity of your Government. Some of the evils which arise from this system of paper press with peculiar hardship upon the class of society least able to bear it. A portion of this currency frequently becomes depreciated or worthless, and all of it is easily counterfeited in such a manner as to require peculiar skill and much experience to distinguish the counterfeit from the genuine note. These frauds are most generally perpetrated in the smaller notes, which are used in the daily transactions of ordinary business, and the losses occasioned by them are commonly thrown upon the laboring classes of society, whose situation and pursuits put it out of their power to guard themselves from these impositions, and whose daily wages are necessary for their subsistence. It is the duty of every government so to regulate its currency as to protect this numerous class, as far as practicable, from the impositions of avarice and fraud. It is more especially the duty of the United States, where the Government is emphatically the Government of the people, and where this respectable portion of our citizens are so proudly distinguished from the laboring classes of all other nations by their independent spirit, their love of liberty, their intelligence, and their high tone of moral character. Their industry in peace is the source of our wealth and their bravery in war has covered us with glory; and the Government of the United States will but ill discharge its duties if it leaves them a prey to such dishonest impositions. Yet it is evident that their interests can not be effectually protected unless silver and gold are restored to circulation. Recent events have proved that the paper-money system of this country may be used as an engine to undermine your free institutions, and that those who desire to engross all power in the hands of the few and to govern by corruption or force are aware of its power and prepared to employ it. Your banks now furnish your only circulating medium, and money is plenty or scarce according to the quantity of notes issued by them. While they have capitals not greatly disproportioned to each other, they are competitors in business, and no one of them can exercise dominion over the rest; and although in the present state of the currency these banks may and do operate injuriously upon the habits of business, the pecuniary concerns, and the moral tone of society, yet, from their number and dispersed situation, they can not combine for the purposes of political influence, and whatever may be the dispositions of some of them their power of mischief must necessarily be confined to a narrow space and felt only in their immediate neighborhoods. But when the charter for the Bank of the United States was obtained from Congress it perfected the schemes of the paper system and gave to its advocates the position they have struggled to obtain from the commencement of the Federal Government to the present hour. The immense capital and peculiar privileges bestowed upon it enabled it to exercise despotic sway over the other banks in every part of the country. From its superior strength it could seriously injure, if not destroy, the business of any one of them which might incur its resentment; and it openly claimed for itself the power of regulating the currency throughout the United States. In other words, it asserted (and it undoubtedly possessed) the power to make money plenty or scarce at its pleasure, at any time and in any quarter of the Union, by controlling the issues of other banks and permitting an expansion or compelling a general contraction of the circulating medium, according to its own will. The other banking institutions were sensible of its strength, and they soon generally became its obedient instruments, ready at all times to execute its mandates; and with the banks necessarily went also that numerous class of persons in our commercial cities who depend altogether on bank credits for their solvency and means of business, and who are therefore obliged, for their own safety, to propitiate the favor of the money power by distinguished zeal and devotion in its service. The result of the ill-advised legislation which established this great monopoly was to concentrate the whole moneyed power of the Union, with its boundless means of corruption and its numerous dependents, under the direction and command of one acknowledged head, thus organizing this particular interest as one body and securing to it unity and concert of action throughout the United States, and enabling it to bring forward upon any occasion its entire and undivided strength to support or defeat any measure of the Government. In the hands of this formidable power, thus perfectly organized, was also placed unlimited dominion over the amount of the circulating medium, giving it the power to regulate the value of property and the fruits of labor in every quarter of the Union, and to bestow prosperity or bring ruin upon any city or section of the country as might best comport with its own interest or policy. We are not left to conjecture how the moneyed power, thus organized and with such a weapon in its hands, would be likely to use it. The distress and alarm which pervaded and agitated the whole country when the Bank of the United States waged war upon the people in order to compel them to submit to its demands can not yet be forgotten. The ruthless and unsparing temper with which whole cities and communities were oppressed, individuals impoverished and ruined, and a scene of cheerful prosperity suddenly changed into one of gloom and despondency ought to be indelibly impressed on the memory of the people of the United States. If such was its power in a time of peace, what would it not have been in a season of war, with an enemy at your doors? No nation but the freemen of the United States could have come out victorious from such a contest; yet, if you had not conquered, the Government would have passed from the hands of the many to the hands of the few, and this organized money power from its secret conclave would have dictated the choice of your highest officers and compelled you to make peace or war, as best suited their own wishes. The forms of your Government might for a time have remained, but its living spirit would have departed from it. The distress and sufferings inflicted on the people by the bank are some of the fruits of that system of policy which is continually striving to enlarge the authority of the Federal Government beyond the limits fixed by the Constitution. The powers enumerated in that instrument do not confer on Congress the right to establish such a corporation as the Bank of the United States, and the evil consequences which followed may warn us of the danger of departing from the true rule of construction and of permitting temporary circumstances or the hope of better promoting the public welfare to influence in any degree our decisions upon the extent of the authority of the General Government. Let us abide by the Constitution as it is written, or amend it in the constitutional mode if it is found to be defective. The severe lessons of experience will, I doubt not, be sufficient to prevent Congress from again chartering such a monopoly, even if the Constitution did not present an insuperable objection to it. But you must remember, my fellow-citizens, that eternal vigilance by the people is the price of liberty, and that you must pay the price if you wish to secure the blessing. It behooves you, therefore, to be watchful in your States as well as in the Federal Government. The power which the moneyed interest can exercise, when concentrated under a single head and with our present system of currency, was sufficiently demonstrated in the struggle made by the Bank of the United States. Defeated in the General Government, tho same class of intriguers and politicians will now resort to the States and endeavor to obtain there the same organization which they failed to perpetuate in the Union; and with specious and deceitful plans of public advantages and State interests and State pride they will endeavor to establish in the different States one moneyed institution with overgrown capital and exclusive privileges sufficient to enable it to control the operations of the other banks. Such an institution will be pregnant with the same evils produced by the Bank of the United States, although its sphere of action is more confined, and in the State in which it is chartered the money power will be able to embody its whole strength and to move together with undivided force to accomplish any object it may wish to attain. You have already had abundant evidence of its power to inflict injury upon the agricultural, mechanical, and laboring classes of society, and over those whose engagements in trade or speculation render them dependent on bank facilities the dominion of the State monopoly will be absolute and their obedience unlimited. With such a bank and a paper currency the money power would in a few years govern the State and control its measures, and if a sufficient number of States can be induced to create such establishments the time will soon come when it will again take the field against the United States and succeed in perfecting and perpetuating its organization by a charter from Congress. It is one of the serious evils of our present system of banking that it enables one class of society–and that by no means a numerous one–by its control over the currency, to act injuriously upon the interests of all the others and to exercise more than its just proportion of influence in political affairs. The agricultural, the mechanical, and the laboring classes have little or no share in the direction of the great moneyed corporations, and from their habits and the nature of their pursuits they are incapable of forming extensive combinations to act together with united force. Such concert of action may sometimes be produced in a single city or in a small district of country by means of personal communications with each other, but they have no regular or active correspondence with those who are engaged in similar pursuits in distant places; they have but little patronage to give to the press, and exercise but a small share of influence over it; they have no crowd of dependents about them who hope to grow rich without labor by their countenance and favor, and who are therefore always ready to execute their wishes. The planter, the farmer, the mechanic, and the laborer all know that their success depends upon their own industry and economy, and that they must not expect to become suddenly rich by the fruits of their toil. Yet these classes of society form the great body of the people of the United States; they are the bone and sinew of the country–men who love liberty and desire nothing but equal rights and equal laws, and who, moreover, hold the great mass of our national wealth, although it is distributed in moderate amounts among the millions of freemen who possess it. But with overwhelming numbers and wealth on their side they are in constant danger of losing their fair influence in the Government, and with difficulty maintain their just rights against the incessant efforts daily made to encroach upon them. The mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining in the different States, and which are employed altogether for their benefit; and unless you become more watchful in your States and check this spirit of monopoly and thirst for exclusive privileges you will in the end find that the most important powers of Government have been given or bartered away, and the control over your dearest interests has passed into the hands of these corporations. The paper-money system and its natural associations–monopoly and exclusive privileges–have already struck their roots too deep in the soil, and it will require all your efforts to check its further growth and to eradicate the evil. The men who profit by the abuses and desire to perpetuate them will continue to besiege the halls of legislation in the General Government as well as in the States, and will seek by every artifice to mislead and deceive the public servants. It is to yourselves that you must look for safety and the means of guarding and perpetuating your free institutions. In your hands is rightfully placed the sovereignty of the country, and to you everyone placed in authority is ultimately responsible. It is always in your power to see that the wishes of the people are carried into faithful execution, and their will, when once made known, must sooner or later be obeyed; and while the people remain, as I trust they ever will, uncorrupted and incorruptible, and continue watchful and jealous of their rights, the Government is safe, and the cause of freedom will continue to triumph over all its enemies. But it will require steady and persevering exertions on your part to rid yourselves of the iniquities and mischiefs of the paper system and to check the spirit of monopoly and other abuses which have sprung up with it, and of which it is the main support. So many interests are united to resist all reform on this subject that you must not hope the conflict will be a short one nor success easy. My humble efforts have not been spared during my administration of the Government to restore the constitutional currency of gold and silver, and something, I trust, has been done toward the accomplishment of this most desirable object; but enough yet remains to require all your energy and perseverance. The power, however, is in your hands, and the remedy must and will be applied if you determine upon it. You have no longer any cause to fear danger from abroad; your strength and power are well known throughout the civilized world, as well as the high and gallant bearing of your sons. It is from within, among yourselves–from cupidity, from corruption, from disappointed ambition and inordinate thirst for power–that factions will be formed and liberty endangered. My own race is nearly run; advanced age and failing health warn me that before long I must pass beyond the reach of human events and cease to feel the vicissitudes of human affairs. I thank God that my life has been spent in a land of liberty and that He has given me a heart to love my country with the affection of a son. And filled with gratitude for your constant and unwavering kindness, I bid you a last and affectionate farewell.
In 1833, Andrew Jackson killed the previous iteration of the Federal Reserve, the Second Bank of the United States. It came right back in 1913 and remains with us more than 100 years later. We did not heed his warning.
Harriet Tubman replaces Andrew Jackson on $20 bill The U.S. Treasury Department will announce on Wednesday that anti-slavery crusader Harriet Tubman will replace former President Andrew Jackson on the $20 bill, a spokesman said. Tubman would be the first woman featured on the face of U.S. paper currency in more than a century.
---Trump says Tubman $20 is ‘pure political correctness’ Leading Republican presidential candidate Donald Trump said on Thursday he did not believe President Andrew Jackson should be replaced on the $20 bill by Harriet Tubman and suggested another denomination be created for the anti-slavery crusader. “I think it’s pure political correctness,” Trump said on NBC’s “Today” show when asked about the Treasury Department’s decision to / When Attorney General Loretta Lynch decided late last year that the Justice Department would end the federal civil asset forfeiture program, criminal justice reform advocates proclaimed it a “significant deal.”
But late last month, less than four months later, the Obama administration reversed itself and reinstated the Asset Forfeiture Fund’s Orwellian “equitable sharing” program.
That’s a shame, particularly when the only supporters of the policy are the law enforcement agencies that directly benefit from it. Indeed, the federal program’s combined annual revenue has grown more than 1,000 percent in the last 15 years, filling the coffers of federal, state and local police departments.
No deal! Greece and its lenders disagree on loan terms There will be no deal between Greece and its lenders on Friday that would unlock loans and enable vital debt relief talks, despite some progress on the reforms Athens must implement in exchange, euro zone and IMF officials said on Friday. “Don’t expect any deals today,” the chairman of euro zone finance ministers Jeroen Dijsselbloem
/ By Jonnelle Marte at The Washington Post
More than a quarter of a million active and retired truckers and their families could soon see their pension benefits severely cut — even though their pension fund is still years away from running out of money.
Within the next few weeks, the Treasury Department is expected to announce a crucial decision on whether it will approve reductions to one of the country’s largest multi-employer pension plans.
The potential cuts are possible under legislation passed by Congressin 2014 that for the first time allowed financially distressed multi-employer plans to reduce benefits for retirees if it would improve the solvency of the fund. The law weakened federal protections that for more than 40 years shielded one of the last remaining pillars that workers could rely on for financial security in retirement.
For many workers, the promise of a guaranteed income stream for life — a benefit now nearly extinct for younger generations — was at times strong enough to convince them to sacrifice pay raises or other job opportunities. But after decades of challenges that left many pension funds in tough financial straits, some people are learning in retirement that the promises made to them may have to be broken.
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