Obama To Unveil Treasury IRA Plans, Or Planning For A Post-Monetization World

Wondering who will take over the mantle of Treasury bond buyer now that the Fed is stepping away? Curious of the government’s next steps towards repression and control of wealth? Wait no longer. As the AP reports, President Obama will unveil a new retirement savings plan tonight that allows first-time savers to buy US Treasury bonds tax-deferred for retirement. Of course, this is not the mandatory IRA that remains somewhat inevitable (as the muddle-through fails) but is certainly a step in the direction we alerted readers to a year ago by which the government generously offers to help manage your retirement savings. Two words spring to mind… remember Poland.

Via AP,

Eager not to be limited by legislative gridlock, Obama is also expected to announce executive actions on job training, retirement security and help for the long-term unemployed in finding work.

Among those actions is a new retirement savings plan geared toward workers whose employers don’t currently offer such plans.

The program would allow first-time savers to start building up savings in Treasury bonds that eventually could be converted into a traditional IRAs, according to two people who have discussed the proposal with the administration. Those people weren’t authorized to discuss it ahead of the announcement and insisted on anonymity.

Of course, this is not what the CFPB suggested a year ago… We’re sure the government is just trying to protect your retirement account from terrorists. From Bloomberg:

The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $ 19.4 trillion they have put into retirement savings, a move that would be the agency’s first foray into consumer investments.

That’s one of the things we’ve been exploring and are interested in in terms of whether and what authority we have,” bureau director Richard Cordray said in an interview. He didn’t provide additional details.

The bureau’s core concern is that many Americans, notably those from the retiring Baby Boom generation, may fall prey to financial scams, according to three people briefed on the CFPB’s deliberations who asked not to be named because the matter is still under discussion.

But it’s getting close.

Though Poland remains the strawman…

BlackListedNews.comPost id = does not exist.

Obama To Unveil Treasury IRA Plans, Or Planning For A Post-Monetization World

Republicans to Unveil "Conservative Reform Alternative to Obamacare" in Senate

The boss reported this morning on CBS that Republicans will unveil an alternative to Obamacare tomorrow in the Senate:

Said host Bob Schieffer, “Bill, you actually have some news, I understand, because you’ve learned that the Republicans are going to, what, present an alternative to Obamacare?”

The Weekly Standard

Republicans to Unveil "Conservative Reform Alternative to Obamacare" in Senate

House Democrats unveil immigration measure

October 3, 2013 12:00PM ET

GOP critics pan the bill, say it is unlikely to get a vote

Topics:

Immigration

U.S.

Customs and Border Protection

Members of the House Democratic conference including House Minority Leader Nancy Pelosi, D-Calif., Reps. James Clyburn, D-S.C., right, and Joe Crowley, D-N.Y., conduct a news conference in the Capitol Visitor Center on immigration reform, Wednesday.© 2013 CQ Roll Call

Hoping to revive the stalled debate over immigration reform, Democrats in the Republican-controlled House unveiled a bill Wednesday that would overhaul U.S. immigration laws by tightening border security and providing a path to citizenship for the nation’s 11 million undocumented immigrants.

Amid the grips of a government shutdown, Minority Leader Nancy Pelosi, D-Calif., and more than a dozen Democrats announced the measure at a news conference on Capitol Hill, saying their Republican colleagues should put a comprehensive immigration bill up for vote before the end of the year.

“Republicans like Ronald Reagan and George Bush to John McCain championed immigration reform,” Rep. Joe Garcia, D-Fla., told reporters at the news conference. “There is no reason why our Republican colleagues cannot follow their lead and their footsteps to pass a comprehensive immigration bill.”

But GOP critics immediately panned the bill — no House Republicans have backed it yet — and said it was unlikely to get a vote, especially as Capitol Hill legislators remain deadlocked over the federal budget. The measure “is basically the Senate bill,” Rep. Bob Goodlatte, R-Va., told USA Today, referring to the comprehensive immigration measure approved in July. “I strongly oppose the Senate bill.”

The House Democrats’ plan mirrors the Senate measure in many ways. It would permit undocumented immigrants to obtain temporary legal status within six months and apply for U.S. citizenship within 13 years. And like the Senate bill, the House version would require employers to use a new version of E-Verify, the online system that checks the citizen status of potential employees — a system blasted by immigration advocates for often incorrectly flagging authorized workers and failing to identify fraud.

But the House version varies from the Senate measure in one significant way. It drops the $ 46 billion border security plan introduced by the Senate, which would double the number of federal border agents to 40,000 and complete 700 miles of fencing along the Mexico-U.S. border. Instead, the House bill would require the Department of Homeland Security to develop a strategy to gain operational control of the border within five years and stop 90 percent of people trying to enter the U.S. The measure also calls on the Government Accountability Office to oversee the border security plan.

Immigration advocates praised the House plan as an attempt to mobilize the immigration debate in Congress.

“Clearly, both Democrats and Republicans are hearing the call for broad immigration reform,” Ali Noorani, Executive Director of the National Immigration Forum, said in a statement. “This call is coming from constituents across the political spectrum. Today’s announcement continues the conversation in Congress.”

Yesterday’s measure comes amid signs that Hispanics are increasingly aligning themselves with the Democratic Party. A poll released last week shows that nearly two-thirds (63 percent) of Latinos feel closer to the Democratic Party than they did in the past. Less than 3-in-10 (29 percent) of Hispanics feel the same way about the Republican Party. The survey also finds that Democrats have a sizeable perception advantage over Republicans. Forty-three percent of Hispanics, for example, say the phrase “cares about people like you” better describes the Democratic Party, while 12 percent the phrase better describes the GOP.

Immigration advocates, meanwhile, plan a series of marches Saturday across roughly 90 cities. They hope the so-called National Day of Action will spur congressional leaders to pass comprehensive immigration legislation. Those marches will be followed by an immigration rally and concert next Tuesday on the National Mall in Washington D.C. If the federal government remains shut down next week, the rally will take place on the West Lawn of the U.S. Capitol, organizers said.

The Associated Press contributed to this report

Al Jazeera America

House Democrats unveil immigration measure

Samsung to Unveil Smartphone With Curved Display

Samsung said Wednesday it would unveil a smartphone with a curved display in October — a technological innovation aimed at maintaining its lead in a lucrative but increasingly saturated market.

Curved displays are at a nascent stage in display technology which is shifting towards flexible panels that are bendable or can even be rolled or folded.

“We will introduce a smartphone with a curved display in October,” Samsung mobile business head of strategic marketing D.J. Lee told reporters.

He declined to give more details.

Samsung — the world’s top maker of smartphones and TVs — unveiled prototype products with a flexible screen in January.

But it still faces a major challenge in making other handset components — such as batteries — that can bend with the rest of the unit.

Curved displays are already commercially available in large-screen televisions offered by companies including Samsung and LG.

The displays are supposed to offer a more immersive viewing experience but are significantly more expensive than standard screens.

In another attempt to break new ground, Samsung unveiled earlier this month a smartwatch called Galaxy Gear, which can take photos and videos, make or take phone calls, or check e-mails.

Wearable computing, including Google’s smart glasses, is considered the next frontier in consumer electronics following smartphones.

The watch received some scathing reviews, along with complaints that it only worked in conjunction with Samsung’s latest oversized smartphone, the Galaxy Note III.

The Gear and the Galaxy Note III will hit stores in some 140 nations by the end of October, and Samsung executives said they were confident the critics could be won over.

“We received so much criticism when we first unveiled the Galaxy Note series…but it has created a whole new market segment for oversized smartphones,” said Lee Young-Hee, executive vice president of Samsung’s mobile unit.

D.J. Lee said the watch would be made connectable with other Samsung devices such as the flagship Galaxy S3 and S4 smartphones by the end of December.

jhw/gh

© AFP 2013

Newsmax – America

Samsung to Unveil Smartphone With Curved Display

Apple Will Reportedly Unveil The Next iPhone On September 10

It’s about time for a new iPhone and with the rumors about an iPhone 5S and maybe even a cheaper version getting louder, AllThingsD now reports that the next iPhone will launch on September 10. Apple introduced the iPhone 5 on September 12, 2012, so there is a good chance AllThingsD’s sources are correct, though we haven’t heard anything from our usual sources yet (and earlier rumors of a June launch definitely didn’t pan out).

Last time around, Apple started taking pre-orders two days after the launch event and the phone we on sale two and a half weeks later.

As far as the iPhone 5S rumors go, most point to an incremental update with the usual speed improvements thanks to a faster chip, a better camera with a dual LED flash and enhanced battery life. The only really exciting rumor so far is that Apple will introduce a built-in fingerprint reader for unlocking your phone. There are also persistent rumors of a cheaper iPhone 5 – maybe with a plastic back.

Otherwise, iOS 7 will likely be the most controversial feature of the new iPhone, given its radically new design, Unless Apple still has a few aces up its sleeve, iOS 7 isn’t like introduce any major new services besides iTunes Radio. While the first betas of iOS 7 were almost unusable, the latest versions are very stable and feel like they are almost ready for prime time.

Apple, of course, is also about to launch OS X Maverick, but it would be unusual for the company to announce this during an iPhone launch keynote.

April 1, 1976

NASDAQ:AAPL

Started by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has expanded from computers to consumer electronics over the last 30 years, officially changing their name from Apple Computer, Inc. to Apple, Inc. in January 2007. Among the key offerings from Apple’s product line are: Pro line laptops (MacBook Pro) and desktops (Mac Pro), consumer line laptops (MacBook Air) and desktops (iMac), servers (Xserve), Apple TV, the Mac OS X and Mac OS X Server operating systems, the iPod, the…

→ Learn more

TechCrunch

Apple Will Reportedly Unveil The Next iPhone On September 10

Billionaire prepares to unveil mysterious project, revolutionary ‘fifth mode’ of transportation

Nick Allen
London Telegraph
August 11, 2013

It is called “The Hyperloop” and, according to the designer, it will be a revolutionary “fifth mode” of transport, eclipsing trains, planes, boats and automobiles.

The “cross between Concorde, a rail gun and an air hockey table” will deliver passengers between US cities faster than the speed of sound.

The history of transport is replete with dreamers who have concocted such schemes for getting people from A to B in previously unimagined haste. And many of them have remained just that, impractical ideas on a drawing board that will never see the light of day.

But the latest mysterious project, which has had the technology world buzzing for months, has one crucial difference. Its backer is a Silicon Valley wunderkind with a proven track record of turning science fiction into reality.

Full story here.

Related posts:

1. REPORT: Skype Had A Secret Program Called ‘Project Chess’ To Help Intelligence Agencies Access Internet Calls


2. The Mysterious Booms Are Back!


3. Web browser to get ‘privacy mode’


4. China’s mysterious Internet outage; speculation over a ‘kill switch’


5. Herod orders top UN scientists to investigate mysterious infant slaughter in Judaea

This article was posted: Sunday, August 11, 2013 at 5:34 am

---

---

Print this page.

---

---

Prison Planet.com

Billionaire prepares to unveil mysterious project, revolutionary ‘fifth mode’ of transportation

Reid to Unveil Gun Legislation for Senate Floor Action in April

Senate Majority Leader Harry Reid said he is preparing gun legislation for floor action in April that will be a slimmed-down version of measures to curb gun violence approved by the Judiciary Committee.

The bill will include additional federal aid for school safety, tougher penalties for gun trafficking and expanded background checks for gun purchases, Reid, a Nevada Democrat, said in a statement today in Washington.

He said supporters of a proposed ban on assault-weapon sales will be given the chance to offer it as an amendment. Reid said earlier this week that the proposal by Democratic Senator Dianne Feinstein of California lacked the votes to advance in the chamber and wouldn’t be included in the bill.

Congress is considering tighter gun regulations following the Dec. 14 mass shooting at a Connecticut elementary school that killed 20 children and six school employees.

Reid said he hopes negotiators will reach a compromise on a plan to expand background checks during the congressional recess that starts March 23. If so, he would consider including the language in the measure, he said.

A proposal to expand background checks for gun purchases to include sales at gun shows is opposed by the National Rifle Association and a number of Republicans in Congress. Polls show a majority of Americans endorse mandatory gun background checks.

“The bill I advance tonight will serve as the basis for opening debate,” Reid said in his statement. “Once debate begins, I will ensure that a ban on assault weapons, limits to high-capacity magazines” and other amendments will receive votes, he said.

Assault Weapons

Earlier this week, Reid said he wouldn’t include the assault-weapons ban in the legislation because fewer than 40 senators support it. Including it would make it impossible to start debate as Republicans would block the measure, he said.

The provision to impose a maximum 15-year sentence for “straw purchases” of guns is “the most likely bill to pass” the Senate this year, second-ranking Senate Democrat Dick Durbin of Illinois told reporters yesterday at a Wall Street Journal breakfast.

Feinstein’s proposed assault-weapons ban is “the toughest one and the hottest politically,” Durbin said. Feinstein’s proposal to limit the size of large-capacity ammunition magazines “has a better chance of passage” with the odds “maybe over 50” percent, he said.

© Copyright 2013 Bloomberg News. All rights reserved.

Newsmax – Newsfront

Reid to Unveil Gun Legislation for Senate Floor Action in April