Cops roust robber in K-9 chase – ‘He’s a rabbit…’

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Valley Mills, TX – A foot chase through this hilly central Texas community on Hwy6, 25 miles northwest of Waco, left dozens of motorists gawking beside the cars they left parked in the road as a DPS helicopter combed the woods looking for a man wanted on armed robbery and other as yet unspecified charges.

Brad Taylor, a black man, is known as “a rabbit,” according to Officer Randy Threlkeld. He has an extensive history of running from officers when they are ready apprehend him on arrest warrants.

Wanted on multiple charges in McLennan and Bosque Counties, he evaded capture on Tuesday evening in a neighborhood of Valley Mills called “The Hill,” as deputies and K-9 units chased him, then lost the trail. That episode attracted nationwide attention on “America’s Most Wanted.” The neighborhood known as “The Hill” is heavily populated with members of professional baseball player Barry Sadler’s family.

At about 10:30 p.m. Friday night, acting on a tip from a confidential informant, Threlkeld learned Taylor was back in the neighborhood of Misty Lane Trailer Park, and the hounds were back in business as a sleek helicopter ran an expanding search pattern with its eye in the sky spotlight ablaze, criss crossing the wooded areas on both sides of the highway.

When he was brought to bay, clad only in gym shorts, the bottoms of his feet, which were covered by white athletic socks, were bloodied from his chase through the wooded area as ambulance attendants placed him on a stretcher to transport him to emergency care.

Perhaps a hundred residents of the trailer park stood by watching as lawmen questioned their quarry about his intentions as he led them on their chase through the woods.

No spanking for judge?

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Judge Elizabeth Coker

Knowledgeable ethics experts such as Jim Alfini of South Texas College of Law are watching the Texas Commission on Judicial Conduct closely to see what action will be taken toward District Judge Kaycee Jones of the 411th Court in Polk, Trinity and San Jacinto Counties.

Texting suggested questions for a witness under examination by a prosecutor has already cost Judge Elizabeth Coker her judgeship. The State Bar stopped short of a permanent reprimand for Judge Jones. She will be required to place a notice of her part in the violation of the ex parte rule for judges hearing a cause over the next 10 years only. A grievance committee found cause to enter the reprimand on a finding that Jones relayed Coker’s questions to the prosecutor in a child injury case.

Alfini, et. al., are wondering if the commission should not examine Judge Jones’ fitness to be a judge at all.

It’s just an oil town…

Unterm Rad

Riding the yellow line, out to the beach – with the obligatory two-minutes of sadness for the beasts who plunged into the tar pit knee deep, then struggled until they died to break free of the morass…

LA Woman, sunny afternoon,

drivin’ through your suburbs

Into yo’ blues

Into yo’ blues

Into yo’ blues

Into yo’ blues…

Motel burnin’

murder madness

will change a fool 

from glad

to sadness…

– The Doors

‘Because of the insurance’ the new world order

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Pay or die is nothing new, but one of Texas’ largest health care providers is demanding payment prior to results as a watchword of the Affordable Health Care Act, it seems.

This recording came in over the transom, so it’s a raw piece of intelligence in which an executive of Scott & White is heard to say that 1) not everyone pays their bills, and 2) the hospital giant has no alternative but to make its other patients pay in advance for trauma care.

His interlocutor is heard to say that he and many other families are leaving for better conditions, but the executive is unperturbed. He’s here to stay, and this is the new way.

Unfortunately, because of patient confidentiality laws, it’s not possible to learn much more from this sound byte, but there it is.

Give a listen by clicking here:

They’ve done it again!

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Somewhere, a copy editor is wringing his hands in utter delight.

Our Story: The deal is this. On a junket to Galveston, Texas, Stephen Crain covered the dedication of Galveston’s jetties to a glorious future as the Queen of Texas deep water Gulf ports, a U.S. Army Corps of Engineers project.

The city was still on its seeming perpetual quest to outstrip Houston in its bid to dig a ditch 50 miles to the jaws of Galveston Bay and thus become an alternate to a great natural harbor.

A the termination point of a rambling account of his visit, the author of The Red Badge of Courage reported his dialogue with a merchant seaman, who asked “Do you know why so few of our young men are seeking professions in the seafaring trades?”

When Crain said, no, he didn’t, the man replied, “Because saddles are so expensive.”

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End of story.

And then I found this impassioned account of Istanbul’s quest to become a smokeless town, reported earlier in this century in “The Atlantic.”

Get a load of this:

Faruk Tas, the manager of Ali Papa Nargile, dragged on a steady supply of Marllboro Reds. “Where are these people going to smoke?” he said. “I can understand banning cigarettes, but this is a water-pipe garden. This is in our culture.”

He motioned to a friend who’d entered his shop. “Ask him what he thinks about it.”

Do you think the smoking ban will work in Turkey?”

Of course,” replied the visitor, rather dismissively. Then he sat down and lit a cigarette.

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End of story.

I put it to you. It’s loose in the land, once again. Must be something in the air, maybe the water.

For an audio report, click here:

 

Nation gripped by financial coup

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America entered the third world this year – very quietly.

Communicating undercover in a 2009 number of “The Atlantic,” risk management executives of the International Monetary Fund warned of a “financial coup” at work in Americans’ lives. 

The scam is at end-game, and it’s not that different than those foisted upon the peoples of third world nations such as Indonesia, Argentina, Russia, or South Korea.

The formula for recovery is very simple – increase exports, reduce imports – and live within the national means – but it’s also very, very expensive.

When conventional bankers begin to reject proposals for further borrowing, that leaves the more expensive, less desirable route offered by IMF.

According to experts quoted without attribution in the Simon Johnson article, “One thing you learn rather quickly when working at the International Monetary Fund is that no one is ever very happy to see you. Typically, your ‘clients’ have come in only after regional trading-bloc partners have been unable to throw a strong enough lifeline, after last-ditch attempts to borrow from powerful friends like China or the European Union have fallen through…”

It’s as simple as that.

Most Americans are only now waking up to the aroma of freshly brewed coffee.

According to Johnson’s article: “The challenges the United States faces are familiar territory to the people at the IMF. If you hid the name of the country and just showed them the numbers, there is no doubt what old IMF hands would say: nationalize troubled banks and break them up as necessary.

That’s the way out, according to conventional wisdom. Conventional wisdom beats no money, and those with conventional wisdom have it to lend.

Big banks gained political strength by being too big to fail, and that came only after the “crisis” – so-called – was well underway.

By 2007, financial industry profits as a share of U.S. Business profits had risen to 30 percent, up from slightly less than 10 percent in 1945, while pay per worker in the financial sector had risen from 120 percent of an average worker’s to double that over the same period.

As an emerging market economy, the U.S. is trapped, according to Philip Turner of the Bank for International Settlements. “The global long-term interest rate now matters much more for the monetary policy choices facing emerging market economies than a decade ago. The low or negative term premium in the yield curve in the advanced economies from mid-2010 has pushed international investors into EM local bond markets: by lowering local long rates, this has considerably eased monetary conditions in the emerging markets. It has also encouraged much increased foreign currency borrowing in international bond markets by emerging market corporations, much of it by affiliates offshore. These developments strengthen the feedback effects between bond and foreign exchange markets. They also have significant implications for local banking systems.

Keywords: Term premium, international corporate bonds, monetary policy triangle, currency mismatches…”

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Coup marks Asian unrest

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Bangkok –

Martial law is in force in Thailand following a coup in which the Army’s chief of staff replaced the head of government. Gatherings of five or more people are prohibited.

According to news reports, the cabinet refused to resign when called upon to do so.

China and Vietnam are at odds over territorial waters. Chinese head of government has said he is seeking a peaceful solution to the conflict as the United States and Japan have joined Vietnam in making overtures for increased cooperation between the nations.

Evidence in banker deaths

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Eleven key risk management players at the world’s top financial firms have committed suicide since the first of the year.

Last week, evidence emerged in one case that pointed to a reason. A Deutsche Bank executive was distraught after having been replaced by a more experienced colleague following a government veto of his appointment to the key post, it was learned at an inquest into his death in London.

According to the Wall Street Journal:

While a Deutsche Bank spokeswoman said Tuesday that “Bill was not under suspicion of wrongdoing in any matter,” according to statements read at a coroner’s inquest in London, the former senior executive at Deutsche Bank, who committed suicide in late January, was concerned about investigations into the German bank.

 William Broeksmit, an executive who worked in the bank’s risk function and advised the firm’s senior leadership, was “anxious about various authorities investigating areas of the bank where he worked,” according to written evidence from his psychologist, given Tuesday at an inquest at London’s Royal Courts of Justice.

 Mr. Broeksmit, an American born in Chicago who retired from Deutsche Bank in February 2013, hanged himself at his London home on Jan. 26, according to a statement read at the coroner’s inquest…

 A close colleague of Deutsche Bank co-Chief Executive Anshu Jain, Mr. Broeksmit was expected to be appointed the bank’s chief risk officer in 2012, but the move was vetoed by BaFin, the German financial regulator, because of a lack of suitable experience, people familiar with the matter said at the time.
…

Ms. Wilcox, citing written medical evidence from Mr. Broeksmit’s doctor and psychologist, said the executive was sleeping badly during the summer of 2013, and his “self-esteem had been greatly undermined.” He was also trying to stop smoking cigars and his alcohol intake was high, according to a medical report.

1 – William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.

 

2 – Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.

 

3 – Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.

 

4 – Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.

 

5 – Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.

 

6 – Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.

 

7 – Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago.  No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

 

8 – Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.

 

9 – James Stuart Jr, Former National Bank of Commerce CEO, found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say whatcaused the death

 

10 – Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, commited suicide by jumping in front of LIRR train

 

11 – Kenneth Bellando, 28, a trader at Levy Capital, formerly investment banking analyst at JPMorgan, jumped to his death from his 6th floor East Side apartment.

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COST OF CRIMINAL INFO BLACKOUT – A WOMAN’S LIFE

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Waco – In their zeal to conceal, obfuscate and confuse the criminal record, public officials have written a blank check to the criminal element and the defense bar in McLennan County.

In this case, the blank line when filled in exacted a price of an innocent woman’s life. There is no telling how many similar cases are out there, the details simply unavailable due to red tape.

Nevertheless, the paper trail of the bad acts of David Wayne Zahirniak weaves a tangled streak of malefacation seldom seen as perpetrated by one man.

Oddly enough, one complicating factor – entry of a wrong number on a document outlining condition of bond – may have had a great contribution to the mixups that made the cases fall through the cracks.

A Deputy District Clerk applied a number of a case closed to the document supporting bond in an April, 2008 case of aggravated sexual assault of two girls whom he was caring for at the time.

In November of 2007, Zahirniak assaulted a juvenile corrections officer and wound up charged with official oppression. He was sentenced to a year in County Jail and a $4,000 fine, the sentence suspended, and placed on probation. In the following year, prosecutors moved to revoke his probation, recommending 270 days in jail and suspending six months of the sentence to allow credit for 90 days time served.

In the April, 2008, case of three counts of aggravated sexual assault, Zahirniak remained in jail for more than 90 days without prosecution. He gained his release on a writ of habeas corpus when his attorney applied under the delay in prosecution provision of the Texas Code of Criminal Procedure.

A June, 2009, conviction for less than a gram of methamphetamine netted Zahirniak a sentence for a State Jail Felony.

In April of 2014, he assaulted Caitllyn Reed with a cane, was charged with aggravated assault, and bonded out. Only days later, he went back to her house and engaged in an altercation during which he is alleged to have murdered her with a gun belonging to her father.

In the end, the State of Texas expected her to defend herself with a borrowed pistol.

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