Wednesday, April 17, 2013

Congress Quickly And Quietly Rolls Back Insider Trading Rules For Itself

In November of 2011, the TV show 60 Minutes did a big expose on insider trading within Congress. While everyone else is subject to basic insider trading rules, it turned out that members of Congress were exempt from the rules.

And, as you would imagine, many in Congress have access to market-moving, non-public information. And they made use of it. To make lots and lots of money. Of course, after that report came out and got lots of attention, Congress had to act, and within months they had passed the STOCK Act with overwhelming support in Congress to make insider trading laws that apply to everyone else finally apply to Congress and Congressional staffers as well. As that link notes:

The lopsided votes showed lawmakers desperate to regain public trust in an election year, when the public approval rating of Congress has sunk below 15 percent.

Of course, here we are in 2013 and, lo and behold, it is no longer an election year. And apparently some of the details of the ban on insider trading were beginning to chafe Congressional staffers, who found it hard to pad their income with some friendly trades on insider knowledge.

So... with very little fanfare, Congress quietly rolled back a big part of the law late last week. Specifically the part that required staffers to post disclosures about their financial transactions, so that the public could make sure there was no insider trading going on. Congress tried to cover up this fairly significant change because they, themselves, claimed that it would pose a "national risk" to have this information public. A national risk to their bank accounts.

It was such a national risk that Congress did the whole thing quietly, with no debate. The bill was introduced in the Senate on Thursday and quickly voted on late that night when no one was paying attention. Friday afternoon (the best time to sneak through news), the House picked it up by unanimous consent. The House ignored its own promise to give Congress three days to read a bill before holding a vote, because this kind of thing is too important to let anyone read the bill before Congress had to pass it.

And, of course, yesterday, President Obama signed it into law. Because the best way to rebuild trust in Congress, apparently, is to roll back the fact that people there need to obey the same laws as everyone else. That won't lead the public to think that Congress is corrupt. No, not at all.




Hugh was working out in a New York City gym last Saturday when Katherine Thurston allegedly threw an electric razor at him, which was reported to contain pubic hair.

The 47-year-old, who is said to have been living at a homeless shelter near the West Village, has since been arrested by police and charged with stalking the X-Men star.

But the defiant actor has been trying to put the frightening incident behind him, and has tweeted fans to thank them for their wellwishes.

"Thank you for all your support over the past days....really appreciate all your kind words", the Australian hunk wrote to his two million followers.

Really Hugh ..... an electric razor ...... Really ?

Monday, April 8, 2013


It's an actual thing ........

To find out more .... and why wouldn't you ? ..........................
click here ->

Thursday, April 4, 2013

Tottenham 2 - Basil 2

Spurs fans look on anxiously as Gareth Bale is stretchered off with a late ankle injury.


Message from the Ambulance Service.

We all carry our mobile phones with names & numbers stored in its memory. If we were to be involved in an accident or were taken ill, the people attending us would have our mobile phone but wouldn't know who to call. 

Yes, there are hundreds of numbers stored but which one is the contact person in case of an emergency? Hence this 'ICE' (In Case of Emergency) Campaign. 

The concept of 'ICE' is catching on quickly. It is a method of contact during emergency situations. As mobile phones are carried by the majority of the population, all you need to do is store the number of a contact person or persons who should be contacted during emergency under the name 'ICE' ( In Case Of Emergency). 

The idea was thought up by a paramedic who found that when he went to the scenes of accidents there were always mobile phones with patients but they didn't know which number to call. He therefore thought that it would be a good idea if there was a nationally recognized name for this purpose.

In an emergency situation, Emergency Service personnel and hospital staff would be able to quickly contact the right person by simply dialing the number you have stored as 'ICE'. Please forward this. 

It won't take too many 'forwards' before everybody will know about this. It really could save your life, or put a loved one's mind at rest. For more than one contact name simply enter ICE1, ICE2 and ICE3 etc .......................................................... PASS THIS AROUND AS MANY PEOPLE AS POSSIBLE AS THIS CAN HELP IN AN EMERGENCY


Manchester United manager Sir Alex Ferguson has no intention of giving Robin van Persie a rest and urged him to follow his own father's advice to break his goal drought.

"My dad always used to say 'make sure you batter the ball - don't tap it or try and side-foot it into the net'," Ferguson said.

"That's what I always tell strikers too. If the goalkeeper saves it, you can say 'what a great save'. But if you try to side-foot it and the keeper catches it easily you get criticised.

Here's a few more things that Scots like to 'batter' on a regular basis.

Top row: Battered Mars Bars .... Battered Pizza. Bottom row: Battered Butter Balls ... Battered Cheeseburger


This could be good ................

Monday, April 1, 2013

Roman Abramovich set to name himself as Chelsea manager

Speculation has been rife in recent weeks about who would take charge at Stamford Bridge next season after interim boss Rafa Benitez confirmed he would be leaving at the end of the current campaign. Reports suggested Jose Mourinho would return to his former club but, in a sensational move, the west London club’s Russian owner is preparing to take charge of team affairs. 

A Chelsea insider confirmed to talkSPORT that the billionaire oligarch has been attending a fast-track coaching course at the FA’s new centre of excellence, St George’s Park, and he now needs to pass just one more exam before being awarded his UEFA Pro licence which would enable him to take over at Chelsea.

Former Blues boss Gianluca Vialli has known about Abramovich’s plans for some time, but was sworn to secrecy until now. He told talkSPORT: “I’ve heard about Roman Abramovich. He’s nearly completed his coaching badges. It was a rumour at the beginning but now it’s out there and everyone knows about it.

“I spoke to him and he wanted to know a few things about how to become the best manager in the world. He actually wanted to buy his coaching badges, but I said you can’t buy that, you have to go through the process.”

The news will send shockwaves through the Premier League but Vialli, who won five trophies during his time in the Stamford Bridge hot-seat, is confident Abramovich has the tools to succeed. “I think he will be good,” he added. “He will have the full attention of the players and he can talk to them about contracts, line-ups and stuff. “I think it will be the first time we have had a chairman and manager of the same club and I wish him all the best. I think he will do a great job.”