http://www.nytimes.com/2016/03/24/nyregion/prosecutor-wont-seek-prison-for-peter-liang-ex-officer-convicted-in-killing.html?_r=0 Prosecutor Won’t Seek Prison for Peter Liang, Ex-Officer Convicted in Killing The Brooklyn district attorney’s office announced on Wednesday that it would not seek prison time for the former New York City police officer convicted last month in the fatal shooting of an unarmed man in a housing project in East New York. In a statement, the district attorney, Ken Thompson, said the case was about “justice and not about revenge,” and recommended that the former officer, Peter Liang, receive five years of probation, including six months of home confinement, when he faces sentencing next month. “Mr. Liang has no prior criminal history and poses no future threat to public safety,” Mr. Thompson’s statement said. “Because his incarceration is not necessary to protect the public, and due to the unique circumstances of this case, a prison sentence is not warranted.” Mr. Liang was on patrol in a stairwell with his partner in the Louis H. Pink Houses on Nov. 20, 2014, when his gun fired and a ricocheting bullet struck and killed Akai Gurley, a 28-year-old black man who was visiting his girlfriend. The killing of Mr. Gurley came barely four months after an another unarmed black man, Eric Garner, died in a confrontation with the police on Staten Island, and the two deaths pulled New York into a national debate over race and the criminal justice system。 A little more than more than a year after Mr. Gurley’s death, a state grand jury indicted Mr. Liang on charges that included manslaughter. He was convicted on Feb. 11, and then fired by the Police Department. On Wednesday, Mr. Gurley’s family denounced the prosecutors’ decision. “We are outraged at District Attorney Thompson’s inadequate sentencing recommendation,” the family said in a statement. “Officer Liang was convicted of manslaughter and should serve time in prison for his crime. This sentencing recommendation sends the message that police officers who kill people should not face serious consequences.” Mr. Thompson’s statement, which was accompanied by a formal sentencing letter, serves only as a recommendation to Justice Danny K. Chun of State Supreme Court in Brooklyn, who is scheduled to hand down the sentence in the case on April 14.
Japan’s Monetary Policies Are Disastrous for U.S. Economy: Peter Schiff By Bernice Napach | Daily Ticker – 19 hours ago Japan's new Prime Minister Shinzo Abe is determined to revive the country's faltering economy. Today he announced a $117 billion stimulus package and in less than two weeks the Bank of Japan will consider extending its easy monetary policy for the second meeting in a row—something it hasn’t done since 2003. Under pressure from Abe , the BOJ is expected to expand its purchases of government bonds and double its inflation target to 2%. This move is expected to devalue the yen in an effort to boost exports and the broader Japanese economy. Japan's monetary policies will hurt Japan's economy and the U.S. economy, says Peter Schiff , CEO of Euro Pacific Precious Metals. “Japan doesn’t need more inflation," he says. "They actually need a stronger yen, higher interest rates. They need to allow their economy to restructure…to shrink government. Instead they’re simply going to do more of what’s been failing for the past two decades.” He tells The Daily Ticker that if inflation rises in Japan, Japanese citizens will likely unload low-yielding Japanese bonds in favor of higher yielding precious metals and other assets. That could force the BOJ to buy more Japanese government debt instead of U.S. government debt, says Schiff. Related : "Obscene Stimulus" Will Trigger 'Made in Japan' Crisis in 2013: Mauldin Why is this a big deal? Because Japan is the second biggest foreign owner of U.S. government bonds after China. If the BOJ cuts back on U.S. government bond purchases, the U.S. Treasury will be forced to pick up the slack, says Schiff. “That means more money printing here …so we will have more domestic inflation,” Schiff adds. “Eventually none of the foreign central banks will want to buy more dollars when they figure out the game that we’re playing, continually creating money to buy products we can’t afford.” Related: 2013 Could be the Year Japan's Economy Turns Around: Cumberland's Witherell Former Federal Reserve Governor Randall Kroszner says Japan needs to change policy but not in the way Schiff suggests. In a recent New York Times op-ed he writes, “The highest priority in the economic revival plan of the newly elected prime minister, Shinzo Abe, is to strong-arm the Bank of Japan into acknowledging that it will do simply 'whatever it takes' to reverse deflation there and allow a recovery to take root." Kroszner recommends that the BOJ continue its aggressive Japanese government bond purchases without signaling that the policy is a temporary one, as it did after the Japanese economy fell into recession in the early 1990s. Will Japanese easing hurt the U.S. Treasury market? Tell us what you think! Got a topic you’d like covered? Have a guest you’d like to see interviewed? We’d love to hear from you! Send us an email at thedailyticker@yahoo.com . You can also look us up on Twitter and Facebook .
标签: Peter
