Recently, a bill to legalize the retail sale of raw milk was introduced to the Rhode Island Senate. Currently, Rhode Island is one of just eight states that has a total ban on the sale of raw milk, but this new piece of legislation seeks to change their rigid stance, and simultaneously eschew the federal government’s prohibition of raw milk.
Republican Senator Nicholas Kettle has worked alongside four other senators of various political leanings to introduce Senate Bill 247, which saw daylight on Februray 15. Now, the bill has been referred to the Senate Environment and Agriculture Committee.
Ten other states presently allow the retail sale of raw milk, and hopefully, Rhode Island will soon be number eleven. Eighteen states permit the sale of raw milk on farms only, and another six states have herd-share agreements.
Despite some intraday action, stocks finished largely unchanged.
Precious metals managed to hold their key levels in the face of the ‘better than expected’ Jobs Report.
The FOMC will be announcing their decision on rates next Wednesday. I have included the economic calendar for next week below.
The SEC has rejected the Winklevoss twins proposal for an ETF for Bitcoin, sending the value of the digital currency lower after hours. I am not a fan of Bitcoin for anything but a trade.
I have taken down my short position off the Russell 2000, which I had placed at the end of the first trading day for the SNAP IPO. What a piece of crap.
from Department of Justice via Infowars:
A Weed, California man pleaded guilty today to conspiracy to produce child pornography for his participation in a website that was operated for the purpose of coercing and enticing minors as young as eight years old to engage in sexually explicit conduct on web camera.
Acting Assistant Attorney General Kenneth A. Blanco of the Justice Department’s Criminal Division; U.S. Attorney Dana J. Boente of the Eastern District of Virginia; and Section Chief John J. Brosnan of the FBI’s Violent Crimes Against Children Section (VCACS) made the announcement.
Jeffery Van Dyke, 46, was charged on April 4, 2016, and pleaded guilty before U.S. District Judge T.S. Ellis III of the Eastern District of Virginia. Sentencing is set for June 9.
Last week we heralded, “Bitcoin Is Now As Good As Gold, Actually, It’s Better”.
It was a bit tongue-in-cheek, and I knew it’d get the gold crowd whipped into a frenzy. But, the point was, for the first time ever, the value of one unit of bitcoin surpassed the value of one ounce of gold.
At the time it was around $1,250.
Today, though, gold bugs will be happy to know that bitcoin just got Winklef*ked back down below the price of gold…. To $1,100 as of the time of this writing.
Bitcoin had been soaring in recent days on the anticipation of a ruling by the SEC on the listing of a bitcoin backed ETF.
Two women were kicked out of a homeless shelter to make room for a man because he said he is a transgender woman, according to a Canadian news report.
The women objected when they were told they would have to share a bedroom and live in the shelter with the man, and so “both were asked to leave the shelter for good,” said the TV reporter.
“I was uncomfortable with my roommate being transgender,” said one of the women, Tracey, in a TV reporter from Canada’s Global News network. “He wants to become a woman, I mean that is his choice but when a man comes into a women’s shelter who still has a penis and genitals, he has more rights than we do,” Tracey said.
The Gateway Pundit White House correspondent Lucian Wintrich was accosted, harassed and abused Friday in the White House Press room.
On Friday Jon Decker from FOX News Radio accosted The Gateway Pundit’s Lucian Wintrich.
Then Decker started reportedly “screaming” and pointing that Lucian is a “Nazi” and The Gateway Pundit is a “white supremacist” website!
…it is very likely that the former head of the EPA’s cancer review board will be sitting on a very hot seat in a California court room answering some uncomfortable questions about his relationship with Monsanto.
“For once in your life, listen to me and don’t play your political conniving games with the science to favor the registrants. For once do the right thing and don’t make decisions based on how it affects your bonus.”…. These words, penned in 2013 by former Environmental Protection Agency (EPA) scientist Marion Copley, have an urgency seldom found in the dry correspondence that is typically passed between scientists. But this was no ordinary memo; it was an appeal, a desperate plea for action. And it was written on her death bed.