Gov. Greg Abbott signed legislation that will create a state-run gold depository in the Lone Star State – one that will attempt to rival those operated by the U.S. government inside Fort Knox and the Federal Reserve Bank of New York’s vault in lower Manhattan. “The Texas Bullion Depository,” Abbott said in a statement, “will become the first state-level facility of its kind in the nation, increasing the security and stability of our gold reserves and keeping taxpayer funds from leaving Texas to pay for fees to store gold in facilities outside our state.”
Soon, Abbott’s office said, the state “will repatriate $1 billion of gold bullion from the Federal Reserve in New York to Texas.” In other words, when it comes preparing for the currency collapse and financial armeggedon, Abbott’s office really seems to think Texas is a whole ‘nother country.
And the new depository will not just be a well-guarded warehouse for that bullion. The law Abbott signed calls for the creation of an electronic payments system that will allow gold, silver, platinum, palladium, and rhodium depositors to write checks against their accounts, making the depository into a bank – one that will create a metal-backed money supply intended to challenge the paper currency issued by the Federal Reserve – or “Yankee dollars” as one of the law’s top supporters calls them.
In case the Fed or Obama wants to confiscate Texas’s gold, nice try Fed and Obama! In keeping with this suspicion of the Fed and Washington, the new law also explicitly declares that no “governmental or quasi-governmental authority other than an authority of [Texas]” will be allowed to confiscate or freeze an account inside the depository. Gold that’s entrusted to Texas will stay in Texas…
The depository, then, will insulate Texans from a just-around-the-corner economic and geopolitical catastrophe brought on by paper money and cauterize the seemingly-still-fresh trauma of Franklin Roosevelt’s 1933 executive order making gold coin hoarding illegal during the Great Depression.
But to the trained ear, there’s an even more aggressively anti-Fed term being invoked in praise of the Texas depository: “repatriation.” Ordinarily it’s a word used to describe the movement of assets or currency from one nation to another…On the website of SchiffGold, the gold brokerage owned by onetime U.S. Senate candidate Peter Schiff…Texas is described “join[ing] the ranks of major global economies that want to bring their gold home from New York.”…
If you were suspicious about Gov. Abbott’s claim that “the [depository] law will repatriate $1 billion of gold bullion from the Federal Reserve in New York to Texas,” you were on to something.
Indeed, Texas has no gold bars in the Federal Reserve’s New York vault. And what the state has is not worth a billion dollars. Instead some 4,200 gold bars bought in 2011 by the University of Texas’s endowment fund…are stored in the basement vault of HSBC’s headquarters at 450 5th Avenue in New York City…
Although most of the political crappola involved in creating this fiasco relied heavily on Texas’ ever-present threat to secede from the United States – and take their non-existent gold mountain with them – in truth there are pages of silliness written in libertarian dialect privatizing every possible function of this new and independent Fort Knox. The obvious aim of this boondoggle is the selling of gold to nutballs who believe that owning gold is the only salvation against Armageddon.
We may just find the financial wizards of Texas who shepherded this bill through the legislature ending up drawing down a certain amount of personal profit from the process, eh?
Thanks to my favorite Recovering Republican
Texas police announced on Monday that 192 people will face organized crime charges following the Waco bike-gang shooting where nine people were killed and 18 were injured.
Nine people were shot to death after rival biker gang members opened fire at the Twin Peaks Sports Bar and Grill in Central Texas on Sunday. The incident initially started as a fist fight, which then turned into a battle with knives, clubs and chains, and later, guns.
According to police, three rival biker gangs began fighting at the Waco restaurant while multiple officers were out in the parking lot arranging protection for residents. The fight started in the restaurant and spilled outside…
The officers were in the area because they had anticipated possible trouble at the restaurant — which has been the scene of ongoing tensions between bikers in recent weeks…
Police immediately secured the scene. District attorney Abel Reyna told police two weeks ago that trouble had been brewing among the biker gangs for some time.
“Thank goodness the officers were here, and took the action that they needed to take to save numerous lives,” Swanton said.
The officers at the scene engaged the gunmen in the fight — firing their weapons, as well. However, Waco police said no officers were wounded in the gun battle…
No doubt the NRA will provide legal aid for the bikers involved in the shoot-out. Gangs like these are only defending the same rights and policies that concern the NRA – nowadays. Although they don’t get the same cut in gun sales profits the NRA does.
U.S. Army Special Operations Command says that, contrary to reports circulating on conspiracy websites, it has no plans to invade Texas.
Some fringe websites have paraded a PowerPoint presentation, reportedly from USASOC, as evidence of Jade Helm 15, a series of military exercises across California, Nevada, Arizona, New Mexico, Utah, Colorado and Texas. They say it will train the U.S. military to suppress American citizens rebelling in a coming military coup or civil war.
The Army says Jade Helm is a real exercise and will take place in the Southwest, as the slides indicate. But USASOC spokesman Lt. Col. Mark Lastoria said that’s the extent of the reports’ accuracy.
“It’s a training exercise. Just a regular training exercise,” Lastoria said of Jade Helm, which USASOC documentation references as a training exercise in at least one previous year as well…
Nothing in the presentation (with slides marked “unclassified”) contradicts the assertion that Jade Helm is merely a training exercise. It does note that civilian areas could notice some effects…including the potential for noise complaints and noting that personnel may be carrying weapons loaded with blanks.
Conspiracy websites painted language regarding civilian impact as revealing of the true nature of the mission: to prepare for abducting dissidents from their homes.
Many of the conspiracy sites have focused in on the selection of Texas as a “hostile” territory. To them, a high degree of libertarian support, pro-gun leanings and patriotism make Texas a target. The slides also mark Utah and a pocket in Southern California as “hostile,” while New Mexico is “uncertain (leaning hostile)” and Arizona is “uncertain (leaning friendly).”
There are only two reasons for either the Left or the Right to invade Texas. Lefties would support intervention if the Confederate brigades ever get started with their fixation on secession and return to a slave economy.
The Right-Wing under the thumb of the Koch Bros still prefers Texas oil over North Dakota because it’s cheaper, therefore more profitable.
Too true to be a cartoon.
The deaths of three patients who contracted food poisoning while in the hospital for other conditions have been linked to a venerable favorite of the south – Blue Bell ice cream.
A household name in parts of America, Blue Bell issued the first product recall in its 108-year history on Friday. The company also shut down one of its production lines as the government warned consumers to clear their freezers of a number of ice cream bars and cookies made by the Texan firm.
Five adults who were patients at the same hospital in Wichita, Kansas, contracted listeriosis from the listeria bacteria sometimes found in food. Three subsequently died.
Federal and state investigators are looking into the deaths; the investigation could expand beyond the hospital and Kansas to include other deaths where listeria may have been a factor and was linked to eating tainted versions of the popular brand of ice cream…
Four of the five patients for whom dietary information was available to investigators were shown to have consumed milkshakes at the hospital, which had been made with a single serving of a Blue Bell ice cream product called Scoops.
The listeria strain obtained from those four patients was linked, after laboratory testing, to tainted Blue Bell products examined in South Carolina and Texas this year…
The ice cream product eaten by all five has been traced to one of the production lines at Blue Bell headquarters in Brenham, Texas, where the machinery was immediately taken off line.
The chief executive of the Brenham creamery, Paul Kruse, said contamination of the ice cream could only have taken place at the point of production.
The company has removed a list of products from shelves and the CDC has called on the public to destroy any they have in their freezer, as the products have a shelf life of up to two years.
Blue Bell doesn’t make anything we consume in our family – we don’t especially eat ice cream; but, there are beaucoup places where the brand is so well established consumption is as much a tradition as a matter of taste.
RTFA for a listing of the kinds of ice cream products from Blue Bell that should be taken from your freezer and destroyed if you have any of them.
Sierra Blanca county in Texas with two U.S. Border Patrol highway checkpoints is refusing to prosecute drug cases previously sent to it from those checkpoints.
The county—and all four states bordering Mexico—wants funding from Washington, D.C. to handle cases that federal prosecutors decide to send to state courts…
A program that reimbursed California, Arizona, New Mexico and Texas for prosecuting federally initiated cases hasn’t been funded since 2013…
You might ask those folks in Congress – the ones who whine the loudest about border security – why they cut back on funding for law enforcement along the border with Mexico.
The straw that broke the camel’s back here was the end of a Drug Enforcement Administration grant in late 2014. The grant helped the county after the Southwest Border Prosecution Initiative ended.
County Judge Mike Doyal is Hudspeth County’s chief elected official. He said his county lost more money than it earned by accepting federally initiated drug cases.
“And they [the DEA] said, ‘We’re not renewing the grant.’ And we said, ‘We’re not taking any of the cases,’” said County Judge Mike Doyal, the chief elected official in Hudspeth County.
There are no current plans in Congress to bolster funding for border states prosecuting federally initiated cases.
The term “Congressional cheapskates” comes to mind. Along with Tea Party “idjits”.
All the fear-mongering in the world ain’t about to get drug traffickers put into the slammer on good looks alone. Someone has to cover the paychecks for law enforcement and counties like Sierra Blanca can’t afford it.
Used to be a regular stop for me when I was on the road from El Paso to visit clients in the Permian Basin. Mostly played-out mines leftover from the last time they had a local economy. Though there still is a working talc mine part way between El Paso and the Sierra Blanca exit off I-10. Think about it next time you powder a baby’s butt.
Teachers would be able to use deadly force against students, and would be safe from prosecution, under legislation filed last week in the Texas state House.
The Teacher’s Protection Act by Rep. Dan Flynn, R-Van, would allow educators to use force or deadly force if they feel they need to protect themselves against a student or anyone else on school grounds. It also allows teachers to use deadly force to protect school property, and to avoid prosecution “for injury or death that results from the educator’s use of deadly force…”
Monty Exter, lobbyist with the state’s largest educator group, said the Association of Texas Professional Educators believes these policies should be determined at the local level. Currently, Texas law allows educators who use reasonable force against a student to be immune from disciplinary proceedings. Flynn’s additional would doubly protect teachers, since the law also states the “use of force, but not deadly force, against a (student) is justified.”
Exter added the ATPE’s legal team doesn’t believe Flynn’s legislation adds any additional protections for teachers that don’t already exist for every Texan claiming self-defense: “We understand he’s trying to carve out some liability protections. But, we can’t see that the liability protection in that particular bill is any different than the protection that exists in law for a regular citizen.”
“Educators in Texas actually do have some legal protections that do allow them to use physical force to protect themselves and protect others, as long as the use of physical force is reasonable,” said ATPE managing attorney Paul Tapp.
Being allowed to kill your fellow Texans, visitors and passersby for pretty much any reason is a long-standing Texas tradition. You need only make a convincing case to a judge who probably was elected on a platform pre-approved by the NRA. Shucks – his grand-daddy likely couldn’t figure out what all the fuss was about the occasional lynching.
Another data point supporting the argument that too many police agencies just aren’t adequately equipped to deal with the mentally ill.
It started when a friend concerned for [Chad] Chadwick’s emotional well-being called Missouri City police to Chad’s Sienna apartment where he’d been distraught, drinking and unknown to anyone, had gone to sleep in the bathtub.
A SWAT team was summoned.
“They told a judge I had hostages. They lied to a judge and told him I had hostages in my apartment and they needed to enter,” said Chadwick.
Chadwick did own a single shotgun, but had threatened no one, not even himself. Chadwick’s firearm possession apparently prompted SWAT to kick in his door, launch a stun grenade into the bathroom and storm in, according to Chadwick, without announcing their identity.
“While I had my hands up naked in the shower they shot me with a 40 millimeter non-lethal round,” said Chadwick.
A second stun grenade soon followed.
“I turned away, the explosion went off, I opened my eyes the lights are out and here comes a shield with four or five guys behind it. They pinned me against the wall and proceeded to beat the crap out of me,” said Chadwick.
That’s when officers shot the unarmed Chadwick in the back of the head with a Taser at point blank range.
“They claimed I drew down with a shampoo bottle and a body wash bottle,” said Chadwick . . .
“They grabbed me by my the one hand that was out of the shower and grabbed me by my testicles slammed me on my face on the floor and proceeded to beat me more.”
Denton folks Michael Hennen and Susan Vaughan campaign to ban fracking
The fracking ban that came into effect on Tuesday in the heart of Texas might never have happened at all, if industry had not insisted on fracking beside a local hospital, a children’s playground, and the 100-year-old farmhouse that was Cathy McMullen’s retirement dream.
That brought fracking a step too far. McMullen believes such overreach – typical under the Texas regulatory framework – helped turn a ruby-red Republican town against fracking.
Despite industry objections – and death threats for McMullen and other activists, Denton voted by 60% to ban fracking last month. The victorious activists like to call their fight David v Godzilla, because the oil industry is so powerful in Texas. That fight is not over yet.
George P Bush, the nephew and grandson of the former presidents, will soon take charge of the General Land Office – one of two Texas state agencies that have joined an industry lawsuit to overturn the ban.
But McMullen and the small group of mainly female activists behind the ban are already inspiring towns in Texas and elsewhere that are looking for ways to rein in an industry that so far has enjoyed supreme rights to frack.
The oil and gas companies probably would be fracking still in Denton if they had not completely dismissed McMullen’s concerns, she said.
“They underestimated us completely,” she said. “I think they all just thought: ‘Oh, it’s just Cathy.’ I don’t think they saw the storm clouds on the horizon, and that industry was creating this storm, and that it was going to blow into town, and everybody was just sick of it.”
RTFA. It’s a great tale of ordinary folks not especially political in their daily life – until they asked questions, tried as citizens of the United States and that supersized state of Texas to bring back the quality of life they had – before fracking started in the city limits of Denton, Texas.
Their victory has inspired others. Something the Godzillas of fossil fuel hate as much as an individual like Cathy McMullen winning her fight in Denton. Now, Reno, Texas, is cranking up the alarm of opposition to fracking in their small Texas town.
And they have to get things done on their own – just like in Denton. If there’s anything that the Oil Patch Boys own in Texas – it’s politicians.
Thanks, Mike — GMTA