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27 January, 2010

North and South Korea Enter Into Brief Military Conflict

Two Koreas trade fire, spooks markets | Reuters: "North and South Korea exchanged artillery fire near their disputed sea border on Wednesday, the second time in three months the rivals have clashed and briefly sending prices down on jittery Seoul financial markets.

Analysts doubted the latest clash would escalate and saw it more as an attempt by Pyongyang to stress the instability on the Korean peninsula and press home its demand for a peace deal that would open the way to international aid for its ruined economy.

South Korea's Joint Chiefs of Staff said the North fired artillery shots from land towards the South but landing on its side of the disputed sea border off the west coast.

South Korea returned fire from its coastal artillery..."


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22 January, 2010

Stockpiling Food, Water For Emergencies Is Smart, Not Paranoid

Stockpiling Food, Water For Emergencies Is Smart, Not Paranoid: "I was reading a financial advice book awhile back and was surprised by one of the first suggestions:

Keep an emergency food supply at home.

Say what? Had I accidentally picked up some wacky survivalist manual?

No, I don't think anyone would accuse respected financial writer Andrew Tobias of being a kook. But indeed, one of the first things he covers in The Only Investment Guide You'll Ever Need is the wisdom of investing in a stockpile of food in case of disaster.

And that advice sure came back to mind in the last few days as the earthquake tragedy unfolded in Haiti.

I was especially pained by a radio report that detailed the desperation there – even among those whose homes were undamaged. Food stores were closed or empty. The water system failed. Electricity was out. Banks were shuttered. Panic was setting in.

I felt myself getting a little unnerved just thinking about the chaos. Suddenly, Tobias' advice didn't seem so far-fetched..."


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18 January, 2010

World Economic Forum Warns of Further Economic Crises Ahead

World Economic Forum warns of further economic crises ahead | Business | guardian.co.uk: "A fully-fledged sovereign debt crisis, an asset price collapse and a slowdown in Chinese economic growth are among some of the biggest threats facing the world this year and beyond, the World Economic Forum (WEF) warned today.

In its annual report on global risks, the WEF cautioned that the financial crisis and the ensuing recession have created a more vulnerable environment.

The report, which will be submitted to the forum's annual meeting in Davos, Switzerland, this month, said: 'Many countries are at risk of overextending unsustainable levels of debt, which in turn will extend strong upwards pressures on real interest rates. In the final instance, unsustainable debt levels could lead to a full-fledged sovereign debt crises.'..."


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15 January, 2010

Tibbs’ Law Makes It Illegal To ‘Fortify’ a Private Home

The way this law is worded, I'm not sure if it is an affront to liberty or just another way to layer more charges on to the fools who're running meth cook houses and the like. As you can see below, the law specifically mentions that it is applicable "where a felony offense prohibited by the Uniform Controlled Dangerous Substances Act is being committed, or attempted, and the fortification is for the purpose of preventing or delaying entry or access by a law enforcement officer, or to harm or injure a law enforcement officer;" this makes me inclined not to worry too much about it.

Of course, what happens if the fortification is somehow visible from the outside? Could that be considered grounds for your home to be searched?
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Tibbs’ law makes it illegal to ‘fortify’ a private home | Tulsa Beacon: "Oklahoma has a new law that makes it a crime to “fortify” a citizen’s home against possible entry by law enforcement.

State Rep. Sue Tibbs was one of the sponsors of a bill that makes it unlawful for “any person to willfully fortify an access point into any dwelling, structure, building or other place where a felony offense prohibited by the Uniform Controlled Dangerous Substances Act is being committed, or attempted, and the fortification is for the purpose of preventing or delaying entry or access by a law enforcement officer, or to harm or injure a law enforcement officer in the performance of official duties.”

The law took effect Nov. 1..."

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