Monthly Archives: September 2013

Cyprus-Style Wealth Confiscation Starting To Happen All Over The Globe

"Private pension funds were just raided by the government in Poland, and a 'bail-in' is being organized for one of the largest banks in Italy. Unfortunately, this is just the beginning. The precedent that was set in Cyprus is being used as a template for establishing bail-in procedures in New Zealand, Canada and all over Europe. It is only a matter of time before we see this exact same type of thing happen in the U.S. as well. From now on, anyone that keeps a large amount of money in any single bank account or retirement fund is being incredibly foolish. Let's take a look at a few of the examples of how Cyprus-style wealth confiscation is now moving forward all over the globe." Continue reading →

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Dark Wallet: A Radical Way To Bitcoin

"In the Bitcoin world, where banks no longer serve as intermediaries between people and their money, bank accounts have been replaced by online 'wallets' that people can use to virtually store and send bitcoins. Wilson and Taaki’s project is a simple wallet designed to be easier to use for people who aren’t tech-savvy; they hope that in turn accelerates the currency’s rate of adoption around the world. The wallet will be open-source and free to use. Eventually, Wilson and Taaki hope to create a vast stable of Bitcoin-related tools. The goal, for Wilson, is similar to what he tried to do with the Liberator: use technology to remove government intervention from his life, and from the lives of like-minded people." Continue reading →

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3D-printed gun maker to launch Bitcoin wallet next

"We haven't heard the last of Cody Wilson, the creator of the controversial 3D printed gun that prompted an intervention by the US State Department. For the past two months, the anarchistic 25-year-old has been working on a piece of software designed to help people circumvent the government using the semi-anonymous virtual currency Bitcoin. Wilson's new product, made with Bitcoin entrepreneur Amir Taaki, is tentatively called Dark Wallet. Bitcoin users rely on digital 'wallets' to store their coins, but many wallets are confusing to use. Dark Wallet, which Wilson hopes to launch by February of 2014, will be a browser plug-in that is free, easy to install, and accessible even to non-technical users." Continue reading →

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Regulation Opens Door to FinTech Startup Opportunities

"Complying with existing regulations and coping with future regulatory changes represent the biggest opportunity for startups to break into the potentially lucrative world of FinTech (Financial Technology), according to two seasoned FinTech players who spoke at The Wall Street Journal Tech Cafe in London. 'The easiest way to start a business to work within the finance sector is to look for a regulation that is coming down the pipe and develop a solution for that thing,' said Kirk Wylie, co-founder of OpenGamma, an open-source analytics and risk management platform for the financial services industry. 'Anywhere you see new regulation is always a way for startups to make money.'" Continue reading →

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A Tale of Two Giants: The Elephant and the Dragon

"China and India are developing countries with vast growth potential. However, amid a liquidity boom, they over-marketed their potential, and nurtured and enjoyed a bubble ride. Their governments felt lucky and hoped that they could grow out of all their problems. Of course, bubbles cover up problems for a time and make them bigger after. As the global liquidity boom unwinds, investors need a better story to stay in emerging markets. Too much money around was good enough before. Now China and India need to convince investors that they can revive growth without a global liquidity boom." Continue reading →

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Jim Rogers: China investment opportunities today

"Environmental: 'China is horribly polluted…they are spending staggering amounts of money trying to clean up the pollution.' 'For the next 20 or 30 years, huge amounts of money are going to be spent, and therefore, profits made…somebody’s going to make a lot of money cleaning it up.' Agriculture: 'The Chinese government is spending staggering amounts of money on agriculture. Mao Tse-tung ruined Chinese agriculture, and they know it.' Tourism: 'They've not been able to travel for a few hundred years. Now they can get passports very easily…now they can take money out of the country very easily. One billion three hundred million Chinese! Great opportunities in Chinese tourism.'" Continue reading →

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17% Would Vote to Secede and Form New State

"Some residents in Maryland, California, Michigan and Colorado are looking to secede from their respective states, and nearly one-out-of-five Americans think that's a good idea. A new Rasmussen Reports national telephone survey finds that 17% of American Adults say they would vote for their section of their state to secede and form a new state. Seventy percent (70%) would vote to keep things the way they are, but another 13% are undecided. Just 22% believe sections of individual states have the right to secede and form a new state. Fifty-five percent (55%) disagree, but a sizable 23% are not sure. Only 17% of voters believe the federal government today has the consent of the governed." Continue reading →

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Obama ‘Hope’ poster artist says drones have killed hope

"The artist who created the iconic 'Hope' posters during President Barack Obama’s first presidential campaign says he’d choose a different caption now. A camera crew from TMZ asked Shepard Fairey if he’d use the same word underneath his portrait of then-Sen. Obama, given his track record as president. The 43-year-old Fairey paused for a moment as he and a companion got into a waiting vehicle. 'I’d put a few different ones,' Shepard said, adding that some of them may not be fit for print. Then he turned back around to face the crew, thinking of an idea. 'How about drones?' Fairey said." Continue reading →

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Declassified Documents: NSA Spied On MLK Jr., Senators, Journalists

"The six-year spying program, dubbed 'Minaret,' had been exposed in the 1970s but the targets of the surveillance had been kept secret until now. The documents were published after the government panel overseeing classification ruled in favor of researchers at George Washington University who had long sought the release of the secret papers. The intensity of anti-war dissent at home led President Lyndon Johnson to ask US intelligence agencies in 1967 to find out if some protests were fueled by foreign powers. The NSA worked with other spy agencies to draw up 'watch lists' of anti-war critics to tap their overseas phone calls." Continue reading →

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Anthony Gregory: The Cataclysm of World War II

"World War II was the great event of the 20th century. It greatly altered political boundaries, ushered in the Cold War, effected a total transformation in American governance, and consumed more lives than any other event of comparable duration. The Allied cause stands as the most celebrated of war efforts. U.S. mobilization for it is presented as the greatest government undertaking in American history. The evils of the Axis Powers, particularly Nazi Germany and Imperial Japan, were so grave, their crimes so unspeakably brutal and vast, that it is just assumed that the force that violently opposed their reign of terror must have had justice on its side." Continue reading →

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