Monthly Archives: September 2013

Sen. Lindsey Graham to seek authorization for U.S. attack on Iran

"Graham now says he will work with a bipartisan group of senators to craft a resolution authorizing the president to use military force -- not against the Syrian regime but against Iran. In an appearance on Fox News' Huckabee program over the weekend, Graham argued that such a resolution is essential, because American inaction in Syria will encourage Iran to go forward with its nuclear weapon program, eventually leading toward a Mideast conflagration if the U.S. doesn't intervene." Continue reading →

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Eric Margolis: US Struggle With Iran’s Peace Offensive

"Iran is now making a major push to convince the world it has no nuclear weapons ambitions, starting with its spiritual leader, Ayatollah Khomenei who has issued a fatwa condemning all nuclear weapons. The logical course for the United States to follow is to welcome Iran’s overtures and restore normal relations between the two powers. An Iran aligned to the outside world is less likely to be troublesome than the angry, frightened, besieged Iran of today. Furthermore, Washington has at some point got to accept that Iran is an influential regional power with its own legitimate interests." Continue reading →

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Iran’s new president promises: We will never make nuclear weapons

"NBC aired a longer excerpt from Curry’s interview with Rouhani Wednesday night, in which he tells Curry Iran has never tried to build a nuclear weapon. Instead, he explained, 'We solely are looking for peaceful nuclear technology.' 'Can you say that Iran will not build a nuclear weapon under any circumstances whatsoever?' Curry asked. 'The answer to this question is quite obvious,' Rouhani responded. 'We have time and against said that under no circumstances would we seek any weapons of mass destruction, including nuclear weapons, nor will we ever.'" Continue reading →

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‘Technical glitch’ brings down Iranian censorship firewall temporarily

"A technical glitch allowed some Iranians temporary access to banned social networking websites Facebook and Twitter, an Iranian Internet official said on Tuesday. Surprised Internet users in Iran Monday night were able to log onto their accounts without using illegal software that enables them to circumvent a widespread state-run filtering mechanism. They voiced their delight online, with posts revelling in the rare web freedom — restricted in 2009 when social networking sites enabled protesters to organise anti-government demonstrations in the aftermath of a disputed presidential election." Continue reading →

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When Penalties are Preferable

"Nearly five in eight Americans polled by ABC News and The Washington Post say they 'lack the information needed to understand the changes that will take effect as the Affordable Care Act is implemented.' No surprise with a bill that stretched to 906 pages — plus 20,000 more of associated regulations. Besides, there’s nothing you can actually do in reaction to these stories. You’re a helpless spectator. Which is why we find the YouTube video much more intriguing… 'What we’re trying to communicate is, ‘No, you’re actually not required to buy health insurance,’' says Evan Feinberg. 'You might have to pay a fine, but that’s going to be cheaper for you and better for you.'" Continue reading →

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Pricing Glitch Afflicts Rollout of Online Health Exchanges

"Less than two weeks before the launch of insurance marketplaces created by the federal health overhaul, the government's software can't reliably determine how much people need to pay for coverage, according to insurance executives and people familiar with the program. Government officials and insurers were scrambling to iron out the pricing quirks quickly to avoid alienating the initial wave of consumers. A failure by consumers to sign up online in the hotly anticipated early days of the 'exchanges' is worrisome to insurers, which are counting on enrollees for growth, and to the Obama administration, which made the exchanges a centerpiece of its sweeping health-care legislation." Continue reading →

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Companies Tell Employees to Find Their Own Health Insurance Policies

"Walgreen’s is the latest firm to drop an in-house health insurance plan. It will pay workers a flat rate. Workers will then have to find a decent plan. Workers will soon find how slim the pickings are. This may make insurance companies more competitive. But there is a huge problem. Large companies got low rates because everyone was insured. The law of large numbers took over. High-risk employees were offset by all the low-risk employees. Now each person will be considered as a separate applicant. High-risk people will be identifiable. Obamacare says that they must get coverage. But will they? We don’t know yet. The health care insurance exchanges are not ready for prime time yet." Continue reading →

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The Sharing Economy Fights Back Against Regulators

"What started with a few enterprising individuals willing to let complete strangers sleep in their homes and use their possessions has now developed into a formidable economic force that threatens to upend several different industries. Along the way, it has posed some major legal challenges. The companies that are pushing it forward have continually undermined local ordinances, consumer safeguards, and protectionist regulations alike. As a result, governments around the country are trying to rein them in. That’s where Silicon Valley’s newest advocacy group comes in. Peers is a self-described 'grassroots organization' that launched to 'mainstream, protect, and grow the sharing economy.'" Continue reading →

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Atlantis: Online Drug Black Market Shuts Its Doors

"One of the sites that was more or less a copy of The Silk Road and the second largest online black market, The Atlantis Market, was forced to shut their doors for good due to 'security' reasons. Atlantis offered black market, anonymous items, in exchange for Bitcoin and Litecoin. Users will have one week to withdraw any of their funds before the market shuts down permanently. Below is a statement from the Atlantis team." Continue reading →

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BitPagos Uses Merchant Processing To Bring Bitcoin To Argentina

"Argentina’s currency troubles have been well documented for years. With inflation between 10 and 11% per year for most of the past decade, Argentinians have actively looked to subvert the country’s strict capital controls and obtain alternative stores of value. Historically, that has meant underground dealing in USD and EUR, but more recently has led to interest in the largely-unregulated world of bitcoin. BitPagos, a Latin American payment processing company in the latest class of the Boost.vc Accelerator, is capitalizing on that interest by adding bitcoin to their processing options." Continue reading →

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