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International Law & Territorial Jurisdiction

Copyright March 24, 2013 All Rights Reserved The idea that all businesses can be ordered to obey all the laws to collect sales tax for 45 states is unconstitutional. There is NO power in Congress or any legislature to authorize a free-for-all to subject any business outside its jurisdiction to its own laws. This NOT […]

World Trade Center attacks 1993 – 2001 were 8.53972 years apart

“I realized you might not have noticed the same thing I did….namely,  The first bombing of the World Trade Center in New York City occurred on Feb 26, 1993.  The second, obviously, was 9/11/2001.  The difference between the dates is about 8 years and, ummm…I don’t know….little over half a year.  ;> Do your computer […]

Berezovsky is Dead

Boris Berezovsky was the Kremlin insider during the days of Boris Yeltsin, who left Russia in the late 1990s after a money-laundering scandal involving Aeroflot airlines and has been the subject of an extradition order by Russia. He has appeared on Moscow’s most wanted list since 2001 on charges of fraud, money-laundering and attempted interference in […]

M.F. Global = 1st Cyprus

There has been at least one universal principle that has been fundamental up until now that the savings of ordinary people should be protected in these bank failures, up to a threshold of 100,000 euros in the European Union or 100,000 dollars in the United States. There has been also a key fundamental principle that […]

GRISWOLD v. CONNECTICUT

GRISWOLD v. CONNECTICUT, 381 U.S. 479 (1965) 381 U.S. 479 GRISWOLD ET AL. v. CONNECTICUT. APPEAL FROM THE SUPREME COURT OF ERRORS OF CONNECTICUT. No. 496. Argued March 29-30, 1965. Decided June 7, 1965. Appellants, the Executive Director of the Planned Parenthood League of Connecticut, and its medical director, a licensed physician, were convicted as […]

London Whale Trade of JP Morgan

In April and May 2012 there was the huge trading losses that took place at J.P. Morgan’s Chief Investment Office that were transactions booked through its London branch. I have explained before that firm bounce back and forth using New York and London to avoid regulations. That is how M.F. Global went down. The NY […]

Puerto Rico is Becoming the Strange Attractor

Politicians being mostly lawyers only see their power to change and make laws as absolute. They fail to comprehend that they too must be competitive for their actions alter the behavior of all. They drive capital out and attract capital in by simply being uncompetitive or competitive. Puerto Rico comes under the US mantle as […]

NYSE to Eliminate Human Execution of Trades?

The New York Stock Exchange is preparing to go non-human. Arnold Schwarzenegger is coming. The ability to execute trades without humans is really here. In reality, it can be 24 hours a day and highly efficient. Our own computer is capable of managing a portfolio entirely automatically right down to sending in orders trading even […]

Proprietary Trading Banks Will Become Extinct

The Libor Fixing Scandal of interest rates has shown precisely what I wrote about in Behind The curtain. I have personally witnessed the trading mentality of the commodities trader from the ’70s consume Wall Street when it began with the PhiBro takeover of the bond trading house Solomon Brothers – the mentor of so much […]

Capital Hiding in Real Estate

Britain has amazed itself as its taxes have raised nearly 50% more cash than it had expected. These tax increases on property transactions that were imposed in London over the past year has revealed the boom in London luxury residential prices. The same is taking place in New York City. What is going on is […]