Pension Fraud round 2

So here is an article from the LA Times - Former CalPERS officials indicted on fraud, obstruction charges. Here is the opening paragraph:

"Federal prosecutors in San Francisco indicted former CalPERS Chief Executive Fred Buenrostro and former board member Alfred J.R. Villalobos on Monday afternoon as part of a years-long investigation into possible influence-peddling and corruption." Then we have this article from the LA Times - CalPERS indictments: Should more heads roll?.

Now, here is what we know. Firstly, California did not file criminal charges against these two. Secondly, many of the same people from Calpers that gave Mr. Villalobos money are still there. Thirdly, Federal prosecutors said that this prosecution is the result of years of investigation. My long term readers will remember that there is another man that I have been talking about for years, Mr. Elliott Broidy. Mr. Broidy had plead guilty to fraud and bribery with the New York public pensions. Mr. Broidy was basically set free in exchange for his helping convict government officials in New York and now he is back in Los Angeles. What if he turns evidence against these people, he was also on public pension boards and knows them.

Bad News in Cyprus

Well, it is officially hitting the fan. Today it was announced that the Eurozone has ordered Cyprus to take 7 to 10% of everyone's bank accounts in order to get a bailout for their banks. They have a bank holiday till Wednesday and people cannot do anything to get their money out. If they do not get the bailout then they will default on their debt and if they do get the bailout, there is a good chance they will default in May anyways.

As a consequence of this, stocks are falling across the globe. There is also a very good chance that we will see bank runs in other countries such as Italy, Greece, Spain and Ireland. This may very well lead to the currency collapse of the Euro and the Dollar. I recommend that all of my readers keep an eye on the stock market tomorrow.

Some more news

Sorry if I am not posting more personal comments on the news. Going through a weird time, almost passed out today at work. I have been running around a lot and am not taking proper care of myself, I will attempt to do better and there is no need to worry about the Pimpernel, I always manage to get by. LOL. Still here after all.

Yahoo News - Business Insider - Google Is Working On A Technology That, If Perfected, Would Save 1.2 Million Lives Per Year. The article basically says that you cannot be trusted to drive yourself in a car.

YouTube - Conan O'Brien Fully Exposes Mainstream Media. More proof that you are being manipulated. All the mainstream media does is repeat one another.

They Sydney Morning Herald - Inside out: Google launches indoor maps. How does Google mapping inside of stores even make sense when we live in a world where theoretically, we are afraid of terrorists? What we are afraid of is not making money.

CNET - Hitachi's Ropits mobility robot drives itself. It is like the mini-apartment of cars and it drives itself. Obviously it is not allowed to drive within Area 51 or the White House, how does it know where it is not allowed to be and who decides? Read between the lines kiddies.

The Japan Times - Mid-2013 expansion of Internet names will be biggest since ’80s. If you are a regular follower then you know that I have written about ICANN before. You watch, what I said will come true. In the future you will be kept out of whole domains (like porn.xxx or adult.xxx) based on your having to prove who you are in order to use the internet.

Financial Post - Bloomberg News - Worst gold sell-off on record, including Soros, fuels fears that 12-year bull run is dead. We are not going on a Gold standard, gold is not meaningful and those who have lots of it have been trying to convince you that it does and then sell you theirs. Get out of gold.

BBC - Doctor 'used silicone fingers' to sign in for colleagues. So many things wrong with this story. Firstly, doctors are required to sign in for the day using their biometrics and someone faked it. Guess biometrics will require more than just a scan, a verification.

Yahoo - Daily Ticker - Sugar Bailout Is Govt. Policy at Its Worst: Hypocritical and Stupid. This one is just fun, the government has bought 400,000 tons of sugar so that sugar producers make a profit. Huh? The Pimpernel smells something wrong with this and it is not about subsidies, there is more to this baloney and I don't know what it is yet. What I do know is that they tried to tie sugar subsidies to universal healthcare.

Chicago Tribune - Reuters - U.S. to let spy agencies scour Americans' finances. Isn't fantastic, now the government can see all your financial transactions and most of our transactions are electronic through use of ATMS.

Yahoo - Reuters - CERN scientists say particle is no "super-Higgs". This one is just a blatant lie. CERN claimed they found the Higgs Boson, now they are saying there are two types of Higgs Boson and that they did not find the one they were looking for. What they don't want to admit is that they still cannot explain why there is more gravity than the amount of mass can account for.

Tech and stuff

A new X-Box is coming out. Microsoft has some patents out there that might tell us what it is going to be like. One of the patents would have the machine project throughout the whole room. The new machine will be able to identify at least six people in a room. Yahoo News - The Next Xbox.

Yahoo - Business Insider - Google Is Working On A Technology That, If Perfected, Would Save 1.2 Million Lives Per Year. Yep, self driving cars. They supposedly drive even better than you or I. I hope my readers can see where this is heading. You will not own your own personal vehicle, if you do then you will be taxed for every mile you drive. The rest of us will use cars following a zipcar philosophy where you only pay when you use the car. You will be bio-metrically identified or you will not have access to the cars or even mass transit eventually.

More stuff on the creepy list. Wired - The Web of the Future Wants to Hear What You Have to Say. The article says that the technology has been developed allowing you to control your internet experience using just your voice. I find this interesting because in England they are installing voice detection technology on their street lights that allows them to hear your conversations, this is also happening on buses in the United States. So, I guess in addition to hearing our conversations, the technology will be able to predict what you intend to do.

I have to say that most of the news isn't as interesting to me anymore. All I see is more and more confirmation of what I have already written about. Things I wrote about as coming when I began this blog are already being sold and implemented. It has already been announced that the new Galaxy S4 will watch your eyes to determine what you are thinking and what you are thinking about typing. Fox News - Everything you need to know about the Samsung Galaxy S4. The future is about bio-metrically identifying you before you can use any technology and then you have to be approved and probably pay based on usage.

More bizarre news

A few weeks back I read this article about how a new radiation belt was found around the earth to the complete surprise of scientists. Then I read another article talking about how it disappeared. Nature - Ephemeral third ring of radiation makes appearance around Earth. So, what really happened? They are saying it was probably created and killed by some solar winds. Maybe it was playing Peek a Boo, I just find it amusing that right after we found it, it disappeared. On a subatomic level we have proven that merely observing a thing changes it's behavior.

There is something coming for college graduates, I have been lightly following this story and how it is spun for the past year. Yahoo - Credit.com - Do We Need to Change Bankruptcy Rules for Student Loans?. The bottom line is that students today have more student debt than ever before and very little chance of getting a job to pay them. My guess is that they will be allowed to default on them in exchange for some community service.

I strongly recommend you read this next article. The Blaze - Maryland County Exec. Discovers Secretive Network of 500+ Surveillance Cameras Operated Out of Unmarked Room. Basically this county gets a new executive after the last executive left and was found guilty of misconduct. The new executive finds a room that monitored 500+ cameras across the county that nobody knew about except some vendor. My question is who is paying the bills, they must have noticed what they were paying for, there had to be invoices.

I found this article from Scientific American deeply disturbing. Human Brain Cells Make Mice Smart. Scientists grafted human brain cells on mice and the mice got smarter. The funny thing is that this experiment also showed that intelligence was more than just electrical impulses because these cells don't transmit or receive. I wonder if grafting mice cells onto human brains would make us dumber. Somewhere deep in China they are trying that in some lab on a prisoner.

Business Insider - The Dollar Is Undergoing A Major Change In Behavior, And Almost No One Has Noticed
. It is very trickily worded article; but, in essence it is saying that the dollar is moving away from being a reserve currency to a currency whose value is dependent on the nations Gross Domestic Product. The article talks about this as if it were a good thing, it is not, it is the end of the dollar.

KingWorldNews - China Preparing To Impose Bretton Woods II Gold Standard. This is yet another claim that the world is going to go to a gold standard by people who think it is a good idea. It is a silly idea and not how things will turn out.

Enjoy your week and remember to turn your clock forward one hour.

Everybody's sick

Last night was really tough, I had a high fever and couldn't keep water down. The fever broke sometime this morning and I had some "Airborne" and am pumping Gatorade and water through. Later today I even plan on trying to have some soup. Turns out I was the only one to get sick. One of my assistants has been so sick that they had to see the doctor toady and another has Bronchitis now (the one that got me sick). Here is the point, there are a couple of flues going around and you don't want to catch it. Heck, even the queen of England just got out of the hospital with some sort of stomach flu.

I am just resting for the day; but, if I feel better I will try and post on the news. Have a great week.

Tons of News Stories

The first article is from "Business Insider" - The Fiscal Times - We're Getting Closer Than Ever To Paying With Our Fingerprints. Here is a quote from the article, “We could have an ‘empty-pocket’ society, where you don’t have to carry your keys, cash, credit cards, nothing. You just have to use one finger.” A future where your individual biometrics uniquely identifies you.

Politicker - Mayor Bloomberg: Don’t Panic About the Sequester. My favorite quote from this article was by Bloomberg, the article said, "Furthermore, while saying the federal deficit does indeed need to be curtailed, Mr. Bloomberg argued the United States could owe “an infinite amount of money” and there is no specific amount that would cause the country to default." They do not intend to pay all the debt in my opinion.

France24 - China "fully prepared" for currency war: banker . All part of the global game being played to destroy the dollar and make a new world currency. Oh and lets not forget this article - Bloomberg - China Reserves Ample to Buy World’s Gold Twice. For those of you who may want to return to the Gold standard, China will have all the gold. If you need further proof of the coming death of the dollar, here is another article - Yahoo News - Reuters - UK nears yuan swap deal as London eyes offshore leader status. Basically, the deal will make the Yuan a world reserve currency further making the dollar unnecessary.

Yahoo News - Why you want to refinance your mortgage before April 1. I really am just posting this link as a favor to anyone who should refinance. It will be more expensive after April 1st, so if you are thinking about it, do it now.

BBC - Future - Making mobiles for the masses. The article states that there are now more mobiles in Africa than in Europe or America. Here is my favorite quote from the article, "Consider the growth of democratic participation via mobiles, and their use as forms of ID and for electronic signatures. These are practices that are likely first to become mainstream outside of Europe and America’s technology infrastructures, and then to be imported, together with new habits of action and interaction."

Finally, I seem to have the stomach flu.