Rick Santelli's Chicago Tea Party

‘There will be riots on streets of America’: George Soros predicts class war in U.S. as euro triggers collapse of global economy
Ron Paul rails against ‘TSA abuses,’ says he has no intention of third party run
Romney: I wouldn’t pay taxes under Newt plan
Gold for Oil: India and Iran Ditch Dollar
Justices Rein In Police on GPS Trackers
10K Reasons to Worry About Critical Infrastructure
Keeping brain sharp may ward off Alzheimer’s protein
Allen West, black conservatives challenge black-voter ‘myths’

‘There will be riots on streets of America’: George Soros predicts class war in U.S. as euro triggers collapse of global economy

Posted: 25 Jan 2012 06:58 AM PST

By MARK DUELL, MailOnline

Billionaire investor George Soros has warned the global economic system could collapse and riots on the streets of America are on the way.

The 81-year-old said he'd rather survive than stay rich as the world faces an 'evil' period and Europe fights a 'descent into chaos and conflict'.

He has backed the euro, bought $2billion in European bonds and insisted the economic climate is similar to the 1930s Great Depression.

'The euro must survive because the alternative – a breakup – would cause a meltdown that Europe, the world, can't afford,' he told Newsweek.

'The situation is about as serious and difficult as I've experienced in my career. We are facing now a general retrenchment in the developed world.'

His warnings came as U.S. stocks dipped on Tuesday, with talks to resolve Greece’s debt crisis faltering and threatening a five-day winning streak.

Ron Paul rails against ‘TSA abuses,’ says he has no intention of third party run

Posted: 24 Jan 2012 02:13 PM PST

From: WashingtonPost.com

What does Sen. Rand Paul's (R-Ky.) run-in with the Transportation Safety Administration in a Nashville airport today have to do with @MentionManchine?

Rep. Ron Paul (R-Tex.), who consistently has the highest volume of Twitter mentions of any of the 2012 candidates measured in the @MentionMachine, fired off this tweet just after 10 a.m. Monday.

He posted a similar message on his Facebook page about the "detainment" of his son, Rand. TSA later issued a statment that Sen. Paul wasn't detained, but was escorted to an alternative screening procedure area after he refused a pat-down.

By then, though, Ron Paul's tweet had already hit its target — the highly engaged online followers who help distribute his libertarian-leaning message. Mentions of Paul spiked and his top tweets were all regarding Rand's TSA run-in.

Both Pauls have been critical of the TSA's pat-down procedures in the past. You can watch Rand Paul grill TSA Administrator Jon Pistole in a hearing here, and watch Ron Paul rail against the agency on the House floor here.

Social analytics Web site Topsy recorded 40,050 mentions of TSA on social channels Monday, up from 5,000 the day before.

Romney: I wouldn’t pay taxes under Newt plan

Posted: 24 Jan 2012 02:09 PM PST

By ALEXANDER BURNS, Politico.com

Hours before he plans to release his 2010 tax returns, Mitt Romney noted at the GOP debate in Tampa that under his opponent's tax plan, he wouldn't have paid any taxes at all.

The moment came after Newt Gingrich joked about Romney's 15 percent tax rate, saying: "I'm prepared to describe my flat tax as the Mitt Romney flat tax."

Romney jumped in to ask: Do you tax capital gains at 15 percent or zero percent?

Gingrich's answer: Zero.

"Under that plan, I'd have paid no taxes in the last two years," Romney said, alluding to the fact that all his income is from investments.

Romney promised in response to a question from NBC moderator Brian Williams that when his taxes come out tomorrow, there won't be any unpleasant surprises for Republican primary voters.

"The real question is not so much my taxes, but the taxes of the American people," Romney said. "That's why I put forward a plan to eliminate the tax on savings for middle-income Americans."

Gold for Oil: India and Iran Ditch Dollar

Posted: 24 Jan 2012 02:06 PM PST

From: ForExCrunch.com

According to a new and yet unconfirmed report, India bought oil from Iran using gold. India certainly has the gold resources to fund the oil, while Iran is under pressure by the West, due the continuation of its nuclear program.

There were reports that officials have been floating this idea for some time, and now, as the EU finally decided upon an oil embargo on Iran, more details became available, yet still pend confirmation.

Download the full forex outlook for Q4, which includes an in-depth analysis of the Middle Eastern issues by joining the mailing list in the form below.

Oil is priced in US dollars, and bypassing the greenback posed challenges for both parties. Two banks are reportedly involved in this deal: India's state owned UCO Bank and Turkey's state owned Halkbank.

Both banks don't have any business with the US and therefore are less vulnerable to sanctions. According to the report, an Indian delegation has spent time in Tehran and finalized the details of the transactions.

The annual capacity of trade between these two countries is 12 billion dollars. With gold trading at around $1668, that is around 7.2 million ounces of gold.

The step joins Russia and Iran's announcement to begin trading in their own domestic currencies rather than use the US dollar – a reserve currency.

Justices Rein In Police on GPS Trackers

Posted: 24 Jan 2012 02:03 PM PST

By JESS BRAVIN, The Wall Street Journal

WASHINGTON—The Supreme Court ruled Monday that police violated the Constitution when they attached a Global Positioning System tracker to a suspect’s vehicle without a valid search warrant, voting unanimously in one of the first major cases to test privacy rights in the digital era.

The decision offered a glimpse of how the court may address the flood of privacy cases expected in coming years over issues such as cellphones, email and online documents. But the justices split 5-4 over the reasoning, suggesting that differences remain over how to apply age-old principles prohibiting “unreasonable searches.”

The minority pushed for a more sweeping declaration that installing the GPS tracker not only trespassed on private property but violated the suspect’s “reasonable expectation of privacy” by monitoring his movements for a month. The majority said it wasn’t necessary to go that far, because the act of putting the tracker on the car invaded the suspect’s property in the same way that a home search would.

Justice Antonin Scalia, writing for the majority, said that as conceived in the 18th century, the Fourth Amendment’s protection of “persons, houses, papers, and effects, against unreasonable searches and seizures” would extend to private property such as an automobile.

“The Government physically occupied private property for the purpose of obtaining information. We have no doubt that such a physical intrusion would have been considered a ‘search’ within the meaning of the Fourth Amendment when it was adopted,” Justice Scalia wrote, joined by Chief Justice John Roberts and Justices Anthony Kennedy, Clarence Thomas and Sonia Sotomayor.

Advocates for privacy said that despite the differences, the court’s unanimity on the outcome sent a strong message.

10K Reasons to Worry About Critical Infrastructure

Posted: 24 Jan 2012 02:00 PM PST

By Kim Zetter, Wired.com

MIAMI, Florida – A security researcher was able to locate and map more than 10,000 industrial control systems hooked up to the public internet, including water and sewage plants, and found that many could be open to easy hack attacks, due to lax security practices.

Infrastructure software vendors and critical infrastructure owners have long maintained that industrial control systems (ICSes) — even if rife with security vulnerabilities — are not at risk of penetration by outsiders because they're "air-gapped" from the internet — that is, they're not online.

But Eireann Leverett, a computer science doctoral student at Cambridge University, has developed a tool that matches information about ICSes that are connected to the internet with information about known vulnerabilities to show how easy it could be for an attacker to locate and target an industrial control system.

"Vendors say they don't need to do security testing because the systems are never connected to the internet; it's a very dangerous claim," Leverett said last week at the S4 conference, which focuses on the security of Supervisory Control and Data Acquisition systems (SCADA) that are used for everything from controlling critical functions at power plants and water treatment facilities to operating the assembly lines at food processing and automobile assembly plants.

"Vendors expect systems to be on segregated networks — they comfort themselves with this. They say in their documentation to not put it on an open network. On the other side, asset owners swear that they are not connected," Leverett said. But how do they know?

To debunk the myth that industrial control systems are never connected to the internet, Leverett used the SHODAN search engine developed by John Matherly, which allows users to find internet-connected devices using simple search terms. He then matched that data to information from vulnerability databases to find known security holes and exploits that could be used to hijack the systems or crash them. He used Timemap to chart the information on Google maps, along with red markers noting brand devices that are known to have security holes in them. He described his methodology in a paper (.pdf) about the project.

Keeping brain sharp may ward off Alzheimer’s protein

Posted: 24 Jan 2012 01:58 PM PST

From: FOXNews.com

People who challenge their brains throughout their lifetimes — through reading, writing and playing games — are less likely to develop protein deposits in the brain linked with Alzheimer’s, U.S. researchers said on Monday.

Prior studies have suggested that people who are well educated and stay mentally active build up brain reserves that allow them to stay sharp even if deposits of the destructive protein called beta amyloid form in the brain.

But the latest study, based on brain-imaging research, suggests that people who stay mentally engaged beginning in childhood and remain so throughout their lives actually develop fewer amyloid plaques.

“We’re not talking about the brain’s response to amyloid. We’re talking about the actual accumulation of amyloid,” Dr. William Jagust of the University of California, Berkeley, whose study appears in the Archives of Neurology, said in an interview. “It’s a brand new finding.”

While small, the study also shows that starting brain-stimulating activities early enough might offer a way to prevent Alzheimer’s-related plaques from building up in the brain.

Currently, there are no drugs that can prevent Alzheimer’s disease, which scientists now think begins 10 to 15 years before memory problems set in.

Alzheimer’s Disease International estimates there are now 36 million people with the disease worldwide. As the population ages, that number will increase to 66 million by 2030, and to 115 million by 2050.

Allen West, black conservatives challenge black-voter ‘myths’

Posted: 24 Jan 2012 01:54 PM PST

By William E. Gibson, SunSentinel.com

Republican Congressman Allen West says fellow African-Americans often confess to him in a low voice, “I agree with you.”

“I tell them, `Why are we whispering?’ ” West recounted on Monday during a Conservative Black Forum, a gathering on Capitol Hill designed to dispel the “myths” surrounding black conservatives.

“We can’t have this fear of standing up and saying who we are,” asserted West, a tea party favorite from Plantation who has attracted fans across the country. “We shout at football games. We shout at church. We should be shouting about the principles that make us who we are.”

West and about a dozen black leaders said they want to break down what they consider public misperceptions about them and about the monolithic nature of black voters — and their habit of voting for Democrats.

But some observers say that black conservatives really are out of sync with most African-American voters, who reject Republicans after taking a careful and sophisticated view of the candidates and issues.

Here’s a rundown on some of the leading “myths.”

Myth No. 1: Black conservatives are exceptional and quite different from most African-Americans.

The “reality:” Black conservatives at the forum said they are just like the great majority of African-Americans and have faced the same hurdles. West, for example, grew up in inner-city Atlanta in a neighborhood near Martin Luther King’s church.

Rick Santelli's Chicago Tea Party

Wednesday, January 25, 2012

Rick Santelli's Chicago Tea Party

Rick Santelli's Chicago Tea Party

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