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PIMCO Hemorrhaging $198 Million an Hour in Redemptions

PIMCO Hemorrhaging $198 Million an Hour in Redemptions

PIMCO has acknowledged that $23.5 billion of investors’ cash was withdrawn last month. It is my estimate that at least $19 billion or more of the liquidations followed legendary Pacific Asset Management (PIMCO) bond manager Bill Gross out the door after he left

'Free-For-All' at Fresno's First Water Forum

'Free-For-All' at Fresno's First Water Forum

Nearly 200 Fresno residents gathered at a local high school for the first of four scheduled “water forums” on Monday night, where individuals voiced their concerns and proposed long and short-term solutions to the city’s water crisis. However, according to

Gov. Brown Signs Bill Allowing 'Temporary' Firearm Confiscation

Gov. Brown Signs Bill Allowing 'Temporary' Firearm Confiscation

California Governor Jerry Brown has signed AB 1014, the legislation allowing “temporary” confiscation of firearms via “Gun Violence Restraining Orders” from persons “determined by the courts to be a threat to themselves or others.”  Breitbart News previously reported that the

Bell Gardens Mayor Shot, Killed; Wife Detained

Bell Gardens Mayor Shot, Killed; Wife Detained

Several shots rang out in the heat of a domestic dispute between Bell Gardens Mayor Daniel Crespo, his 19-year-old son, and his wife Tuesday afternoon, when Mrs. Crespo allegedly grabbed a gun and shot her husband several times. Details continue

'Clear and Present Danger': CA's Royce Warns on Ebola

'Clear and Present Danger': CA's Royce Warns on Ebola

Following news Tuesday of the first confirmed Ebola case in the United States, Rep. Ed Royce (R-CA), who chairs the House Committee on Foreign Affairs, issued a statement calling for the mobilization and amplification of efforts from the United States

New Silicon Valley App Powers Hong Kong Protests

New Silicon Valley App Powers Hong Kong Protests

A new Silicon Valley-based smartphone messaging app called FireChat is quickly taking on the same role in powering pro-democracy protests in Hong Kong that Twitter played in fueling the 2012 Arab Spring.  FireChat has been touted as an ideal communication tool