he man accused of firing shots inside the main post office in Alabama’s capital city was a postal employee who was carrying two guns when he reported for his shift.

A spokeswoman for the U.S. Attorney’s Office, Clark Morris, said Friday the man showed up for work and began firing shots in the mail processing room about 6:30 p.m. Thursday in Montgomery.

No one was injured. Police took the man into custody within 10 minutes of getting a 911 call from the post office. Federal and local officials said it’s unclear what the suspect’s motive may have been.

Officials originally said he had three guns, but later changed it to two.

He is being held in jail in Montgomery pending charges.

SOURCE 

When you are a kid on Christmas morning, it’s all about volume. But when you are a parent, cruising the aisles of the toy-store in December, it’s about trying to balance a happy holiday with a reasonable budget.

Paul Reinsmith of Boston has found a great way to have plenty of toys under the tree, and all year, without breaking the bank.

Paul and his wife Pam discovered what they call the ‘Netflix’ of toys. It’s called Toygaroo, a website that lets parents rent toys for a fraction of what they would cost to buy.

READ MORE HERE 

Sheriffs and the movers refused to evict a 103 year old lady.

Make your own way if you can. During hard times fortunes can be made if you rely on yourself as opposed to an employer.

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Nothing to celebrate folks.

85 year old women sentenced to 2+ years in prison for bringing in illegals.

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Great job. Thank you.

He must have watched Fast Money last night…

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​Times are tough, so many people are searching for hotels with free continental breakfasts.

Problem is, some of those eating aren’t guests, says Hampton Inn manager front desk clerk Alfonso Tobenas. That’s right. Folks walk into tourist hotels and pose as guests to gain access to morning chow. Who would do such a thing? Lots of people, according to local hotel insiders.

“It is what it is, bro, times are tough and they’re hungry,” Tobenas says. “They’re just trying to beat the system and save a buck. The first time you’re going to get away with it, the second and third time I’m going to ask you to leave.”

So how does Tobenas, who has worked five years at the hotel tucked away behind Dadeland Mall, spot the freeloaders? By the way they talk — they can’t hide that Miami accent — and by the way they dress. Tobenas can spot a real tourist from across the room.

Tobenas says some people even regularly rotate hotels for their free breakfasts, but he recognizes their faces after a while. When he spots them, he lets them eat free-of-charge so they let their guard down. Then he confronts them and asks for their room number. At that moment, they realize they’ve been found out and generally leave without incident.

If they keep coming back, he either charges $7.50 — the estimated cost of the breakfast per person for the hotel — or calls the cops and have them charged with trespassing, though not usually with theft.

STORY HERE 

Growth was had in all but one of the 12 districts

A fugly report on the ability to become wealthy

Tough times 

A historical moment for the U.S. 

After peaking in September planned layoffs fell to 42.4k

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"  --Lockhart supports current course of monetary policy 
   --Lockhart remains open to asset buying if circumstances warrant 
   --Lockhart: Fed shouldn't take any options off the table 
   --Lockhart: Unemployment to fall slowly through 2012 
   --Lockhart: US 4Q GDP likely between 2.5%-3% 
   --Lockhart: Europe can wound US most via unsettled financial markets 

   By Michael S. Derby 
   Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)–Expanding the Federal Reserve balance sheet via new purchases of bonds isn’t the tonic the economy needs right now, even as European financial woes threaten the outlook for the U.S., a central bank official said Tuesday.

“I am skeptical that further asset purchases will produce much gain in terms of increased economic activity,” Federal Reserve Bank of Atlanta President Dennis Lockhart said. “I don’t believe further bond purchasing by the Fed is a potent policy option given the set of circumstances we currently face.”

Lockhart is currently a voting member of the monetary policy-setting Federal Open Market Committee, and his comments came from the text of a speech he was to deliver before an event held by the University of Georgia Terry College of Business. The official spoke amid rising expectations the weak state of the economy and high unemployment will soon drive the Fed to expand its balance sheet beyond the current $2.8 trillion level, most likely through purchases of mortgage securities.

Central bankers have been debating in public comments the need for additional stimulus over recent weeks. While a number are uncomfortable with going beyond what the Fed is already doing–it has short-term interest rates near zero and is tweaking its current holdings to make overall credit cheaper–a key faction of officials are leaning toward doing more. These officials include New York Fed President William Dudley, vice chair of the FOMC, and Fed second-in-command Janet Yellen, who said Tuesday “the scope remains to provide additional accommodation through enhanced guidance on the path of the federal funds rate or through additional purchases of longer-term financial assets.”

Opponents of additional asset buying worry that in a time where many households are looking to cut debt, making credit cheaper simply won’t do much for the economy.”

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Home owners and investors are moving toward a deflationary perspective. Interest in a long term commitment are diminishing despite record low home prices and interest rates.

Forecast predict 62% home ownership by 2015.

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The rabbit hole is deeper than you think