Daily Archives: March 21, 2014

FoxNews – Audit: Officials In Speed Trap Texas Town Caught Lining Pockets – 21 March 2013

FOX News

If you’ve ever gotten a ticket at a small town speed trap and suspected the money ended up in somebody’s pocket, you might have been right.

An audit obtained by Watchdog.org shows that a group of current and former officials in Huntington, Texas — population 2,118 — collected pay for thousands of hours they either didn’t work or weren’t supposed to. Even as they complained that the town’s coffers were running dry, they falsified traffic citation records to collect fines higher than those imposed by the court, according to court records.

One of those officials, former city secretary and treasurer Betsy Gregson, who was fired last year, announced last week she is running for mayor in the May election.

Gregson was one of four salaried officials who collected tens of thousands of dollars by cashing in months’ worth of vacation time and comp time year after year, despite city policy that capped those hours and established that they were only to be paid at retirement or termination.

The audit found nine salaried officials who collected unearned pay beyond their salaries, but the four who got the most money were the key figures at City Hall. These were Gregson, whose modest title belies her outsized influence; former City Administrator Bruce Milstead; Jack Carter, who signed the checks; and former Police Chief Steven Sifford, a hunting and fishing buddy of Milstead’s, until they had a falling out.

In all, the audit identified $165,293.43 paid to the nine employees above their salaries over five years. For a city with just more than a million dollars a year in annual revenue — 40 percent of that coming from traffic tickets — it’s a noticeable amount.

“We could have paved four miles of road with that,” said Councilman Frank Harris, who is running against Gregson for mayor.

Click for more from Watchdog.org

http://www.foxnews.com/ link to original article

ZeroHedge – Frontrunning – 21 March 2014

  • ZeroHedgeAustralia says nothing spotted in search for plane (AP)
  • Putin looks to Asia as West threatens to isolate Russia (Reuters)
  • China Billionaire Builds Metals With Dreyfus, Glencore Hires (BBG)
  • China Beige Book Says Economy Slowing (BBG)
  • Caterpillar Said to Be Focus of Senate Overseas Tax Probe (BBG)
  • US Cancels Summit With Divided Group of Gulf Nations (WSJ)
  • Cyprus defense minister suffers aneurysm (AP)
  • Abe to zero in on economy as tax hike looms (Nikkei)
  • Europe strikes deal to complete banking union (Reuters)
  • Barclays Said to Miss Alibaba Fees by Defying SoftBank’s Son (BBG)
  • Tiffany posts 4Q loss due to large charge (AP)
  • Gunmen ram explosives-laden tanker into Iraq police HQ, killing many (Reuters) Continue reading

The Hyper Report – 140321 – Illegal Evidence – 21 March 2014

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John Ward – An Appeal To Labour Party Members: Fire Your Leadership – 21 March 2014

Morecameron & WisearseericernieptnetPainfully grey, and fading awayIf you’re a Chancellor of the Exchequer who fancies with near certainty that no financial institution will be able to survive the coming Armageddon, you wouldn’t be particularly worried about destroying the annuities market, would you? Continue reading

WakingTimes – False Freedom And Free Will – 21 March 2014

waking_times_logo_6-5-12_1PersonocratiaContributor

Canadian citizens are guaranteed rights and privileges that the inhabitants of many other countries envy. Yet, with worsening working conditions, increasing taxation, crumbling public services, lowering food quality, and an ever-increasing national debt, my old rose-colored glasses cannot hide the truth anymore. Despite the six million laws regulating Canadians, I have never had fewer rights, and my privileges have never been that expensive to hold on to. Is life in Canada that perfect? Am I as free as I am told? Continue reading

UK Column News 20th March – 21 March 2014

Uploaded on 20 March 2014 by ukcolumn Louise Collins and Brian Gerrish with today’s news update from the UK Column, including coverage of the Budget, the Bradbury Pound campaign and we ask is Brooks Newmark off his head?

 

TheIndependent – The majority Of International Aid Is Not Reaching The Countries That Need It The Most – 21 March 2014

The Independent

By Sarah Morrison

The majority of international water and sanitation aid is not reaching the countries that need it most, according to a new report, which also found that a third of the aid pledged over the last decade, or $27.6 billion [£16.7 billion], had not even been delivered.

Read the full story at: www.independent.co.uk / link to original article

TheAustralian – Pay Back Secret Rudd Donation: Bill Shorten – 21 March 2014

The Australian

By JARED OWENS AND MICHAEL MCKENNA

BILL Shorten says the Queensland Labor Party should return a secret $200,000 overseas donation to Kevin Rudd’s re-election campaign if the branch believes the gift breached Australian law.

Read the full story at: www.theaustralian.com.au / link to original article

DealBook – Most Large Banks In U.S. Could Cope In Event Of Turmoil, Fed Says – 21 March 2014

DealBook

By MICHAEL CORKERY

A Zions Bank in Salt Lake City. Zions Bancorporation was the only bank that fell short of the Fed’s minimum capital ratio.

QUOTE: Nearly all of the nation’s largest banks have adequate capital to withstand a severe economic downturn and market turmoil, the Federal Reserve has found in its latest annual stress test of the United States financial system.

www.dealbook.nytimes.com / link to original article

James Corbett – The Corbett Report – Interview 841 – James Corbett On The Janssen Report – 21 March 2014

JamesCorbett4Link to podcast

What is the purpose of The Corbett Report? Who is pulling the strings of the global control grid and what motivates them? What can the average person do to protect themselves. James Corbett joins Marco Janssen of The Janssen Report to answer these and other questions.

www.corbettreport.com / link to original article