Yearly Archives: 2013

Kremlin turns back to typewriters to avoid security leaks

"The throwback to the paper-strewn days of Soviet bureaucracy has reportedly been prompted by the publication of secret documents by anti-secrecy website WikiLeaks and the revelations leaked by former US intelligence contractor Edward Snowden. The Federal Guard Service, which is also in charge of protecting President Vladimir Putin, is looking to spend just over 486,000 rubles ($14,800) to buy a number of electric typewriters. Pro-Kremlin newspaper Izvestia said the state service was looking to purchase 20 typerwriters because using computers to prepare top-secret documents may no longer be safe." Continue reading →

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Yes, You Have Something to Fear, Even if You’re a Law-Abiding Person

"Whether we’re talking about NSA spying, cross-border collection and sharing of private financial data by tax-hungry governments, pointlessly intrusive money-laundering laws, or other schemes to give the state more power and authority, we’re often told that 'if you’re a law-abiding person, you have nothing to fear.' But that assumes government is both competent and trustworthy. You don’t have to be a crazed libertarian like me to realize that those two words are not a good description of Washington. If we cross the wrong bureaucrat, our lives may be ruined – particularly since there are very few checks and balances to restrain these petty tyrants." Continue reading →

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Latin America demands answers from U.S. on spying

"Governments voiced a mix of outrage and concern after the Brazilian daily O Globo, citing documents leaked by fugitive former US intelligence contractor Edward Snowden, said several nations were targets of US electronic surveillance. The snooping included lifting data on leftist Venezuela’s oil and military purchases and Mexico’s drug war and energy sector as well as mapping the movements of a Marxist guerrilla group in Colombia, the newspaper said. The Mexican daily Excelsior reported Wednesday that Pena Nieto’s predecessor had allowed the United States to install a system to intercept phone calls and Internet chatter." Continue reading →

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Yahoo wants to make its NSA PRISM fight against U.S. FISA court public

"Yahoo has called on Fisa, the secretive US surveillance court, to let it publish its legal argument against a case that gave the government 'powerful leverage' in persuading tech companies to co-operate with a controversial data-gathering program. In a court filing first reported by San Jose Mercury News the company argues the release would demonstrate that Yahoo 'objected strenuously' in a key 2008 case after the National Security Agency (NSA) demanded Yahoo customers’ information. Yahoo’s move comes as its rivals have also pushed for the government to provide more public clarity on their surveillance of people’s online lives." Continue reading →

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Venezuelan minister: Facebook users unwittingly work as CIA informants

"A government minister in Venezuela, which has offered fugitive US intelligence leaker Edward Snowden asylum, is urging her countrymen to cancel their Facebook accounts lest they be targeted by US snooping. 'Fellow Venezuelans: cancel your Facebook accounts, since you unwittingly have worked as CIA informants! Look at the Snowden case!' prisons minister Maria Iris Varela said in a Twitter posting. Varela also said victims of 'gringo espionage' should file lawsuits to demand 'fair compensation' and bankrupt the US government." Continue reading →

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One Million Children Labor in Africa’s Goldmines

"The U.S. Department of Labor also is funding a four-year, $5 million project in Burkina Faso, one of the world's poorest nations, to reduce child labor in cotton farming and gold mining. The grant will be used to help raise awareness about child labor laws and build government capacity to monitor and enforce the laws, said Eric Biel, acting associate deputy undersecretary for the Bureau of International Labor Affairs. Small-scale gold mining began here in earnest in the 1980s as droughts and famines forced families from farms and into mines to earn a living. It remains a family affair." Continue reading →

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What Every Student in America Needs to Know About the Federal Reserve

"This whole concept of infinite fiat is hard for people to grasp; it is something outside of their experience. People's lifelong experience with money is that it is a limited resource. It is hard to conceive of a group of people who have unlimited, infinite money. Yet the Federal Reserve has just that. The Fed is not like a doctor who prescribes a short-term stimulus for a patient who is feeling run down. The Fed is not like a parent who temporarily puts training wheels on a bike until the kid learns how to ride it. These metaphors make people think that the Fed's fiat printing is temporary and limited. It is not." Continue reading →

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IRS Reporting Rules for Cash Transactions and Precious Metals

"As you can tell by the title this commentary is our third revision at understanding what the government had in mind when IRS reporting rules for cash transactions came up on the radar screen more than 30 years ago. This subject has to be one of the most misunderstood and misrepresented in the trade today so I can’t figure out why you don’t see more about these rules? The reason might be that these mystical directions while holding sway over dealers are a poorly written mess which should have been avoided or at least provided with updating options. With mistrust of government reaching new highs these famous reporting rules become more important." Continue reading →

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9 foreign countries where you can use U.S. dollars

"There are many great pleasures of the globe-trotting life, but dealing with pesky Travelex lines is not one of them. Sick of exchange rates, transaction fees, and coming home with pockets filled with useless coins? Here are foreign destinations where you can pay with U.S. dollars, from the sunny and subtropical to the still-undiscovered." Continue reading →

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Internationalizing in Chile

"In Chile, there are incredible opportunities for those in the know. Opportunities for a guy like me, and maybe for you if you're really serious about planting a flag in a South American country where things actually work – and work quite well. I've been living in Chile for about 6 months of the last two years, fulfilling my residency requirements. So, while I'm not an expert in all things Chile, my intent is to share some up-front impressions and on-the-ground experiences in the hope that this information will be helpful should you decide to plant one of your flags in what I believe is a wonderful country. So, with that in mind, let's get started." Continue reading →

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