Yearly Archives: 2013

The No-Name European Committee That Made the $13 Billion Guarantee to Cypriot Banks

"The Eurogroup held a teleconference this evening to take stock of the situation in Cyprus. The eurozone's decision-making institution on the euro is an informal committee of finance ministers. The committee has no official name. It has no official power. It is not voted into office. In the Lisbon Treaty, which went into effect on January 1, 2009, this no-name informal committee at last got its legal status. This no-name Committee promised Cyprus banks $13 billion worth of euros over the weekend, on its own authority, and answerable to no one in any European parliament, including the European Union. This is called democracy in Europe." Continue reading →

Continue ReadingThe No-Name European Committee That Made the $13 Billion Guarantee to Cypriot Banks

Driver’s Taxes and Other Money-Grabbing Schemes Throughout History

"Did you know that you need a license in Japan to be a sushi chef? It’s true. In Japan, you need a license to slice raw fish. You can bet that if the sushi restaurants in the USA were to become so popular that they stood on every street corner, the government would increase taxes on them by requiring a special license to slice fish; and why not? They tax you to go out on the water to catch them! Throughout the history of man there have been all sorts of ridiculous taxes levied on people by their overlords. The government claims they are doing it for the good of society, but it’s all a money scam. Here’s a short list of some of my, er, 'favorite' taxes through time." Continue reading →

Continue ReadingDriver’s Taxes and Other Money-Grabbing Schemes Throughout History

Forget the Cellphone Fight — We Should Be Allowed to Unlock Everything We Own

"Copyright is impacting more people than ever before because the line between hardware and software, physical and digital has blurred. The issue goes beyond cellphone unlocking, because once we buy an object we should own it. We should be able to lift the hood, unlock it, modify it, repair it … without asking for permission from the manufacturer. This is a property rights issue, and current copyright law gets it backwards, turning regular people — like students, researchers, and small business owners — into criminals. Manufacturers have systematically used copyright in this manner over the past 20 years to limit our access to information." Continue reading →

Continue ReadingForget the Cellphone Fight — We Should Be Allowed to Unlock Everything We Own

Supreme Court upholds mom’s $220,000 fine for downloading music

"The US Supreme Court refused Monday to take up the case of a woman ordered to pay a $220,000 fine for illegally downloading music off the internet. The country’s top court upheld without comment the verdict against Jammie Thomas-Rasset in the long-running, high-profile digital piracy case. Thomas-Rasset, a mother of four from Minnesota, has been fighting a court battle since 2006 over violating intellectual property laws in her use of the file-sharing program Kazaa." Continue reading →

Continue ReadingSupreme Court upholds mom’s $220,000 fine for downloading music

Has military Keynesianism come to an end?

"There are few better ways of appreciating how the Republican Party has transformed in the last two years from a party of defense hawks to a party of deficit hawks than tracking how the sequester has turned from a threat to the nation’s defenses to an unparalleled opportunity to bring the government to heel. The whole panoply of vested interests surrounding defense that has ensured that federal spending on guarding our shores and keeping tyranny at bay has, since Eisenhower, become the main Keynesian engine of economic growth. Does the hushed response to this most profound assault upon defense spending mean the end of Keynesian militarism?" Continue reading →

Continue ReadingHas military Keynesianism come to an end?

Anti-drone devices for sale: military contractor claims to have counter-UAV technology

"Domestic drones will soon be soaring through the sky left and right, but a company in Oregon with ties to the US military is marketing a service that they say will make sure private property is safe from surveillance. The team at one-month-old Domestic Drone Countermeasures doesn’t go into many specifics, but says they can offer services that will make sure Americans aren’t being spied on by hovering eyes in the sky. The Federal Aviation Administration expects there to be roughly 30,000 drones in American airspace by the year 2020." Continue reading →

Continue ReadingAnti-drone devices for sale: military contractor claims to have counter-UAV technology

Anti-drone devices for sale: military contractor claims to have counter-UAV technology

"Domestic drones will soon be soaring through the sky left and right, but a company in Oregon with ties to the US military is marketing a service that they say will make sure private property is safe from surveillance. The team at one-month-old Domestic Drone Countermeasures doesn’t go into many specifics, but says they can offer services that will make sure Americans aren’t being spied on by hovering eyes in the sky. The Federal Aviation Administration expects there to be roughly 30,000 drones in American airspace by the year 2020." Continue reading →

Continue ReadingAnti-drone devices for sale: military contractor claims to have counter-UAV technology

Ten years after war, Iraq emerges as a major arms buyer

"Ten years after the invasion that smashed Iraq’s military, the country has become a major buyer of military equipment, spending billions to rebuild its armed forces. In doing so, Iraq has become a customer of some of the same companies that supplied the weapons used to attack Baghdad’s troops in 2003. Some 54 companies from 13 countries participated in the show, advertising equipment ranging from jet aircraft, drones, missiles and shells to gas masks, uniforms and boots. With a security and defence budget of about $16.4 billion for 2013 and a commitment to rebuilding its forces, Iraq offers significant opportunities for defence and security firms." Continue reading →

Continue ReadingTen years after war, Iraq emerges as a major arms buyer

Ten years after war, Iraq emerges as a major arms buyer

"Ten years after the invasion that smashed Iraq’s military, the country has become a major buyer of military equipment, spending billions to rebuild its armed forces. In doing so, Iraq has become a customer of some of the same companies that supplied the weapons used to attack Baghdad’s troops in 2003. Some 54 companies from 13 countries participated in the show, advertising equipment ranging from jet aircraft, drones, missiles and shells to gas masks, uniforms and boots. With a security and defence budget of about $16.4 billion for 2013 and a commitment to rebuilding its forces, Iraq offers significant opportunities for defence and security firms." Continue reading →

Continue ReadingTen years after war, Iraq emerges as a major arms buyer

Video shows Pittsburgh cop yelling at bystanders before allegedly tazing man outside bar

"A Pittsburgh police detective with a history of accusations on his record was filmed during another apparent outburst on Sunday, yelling at bystanders and allegedly tazing a man who was trying to leave a local bar. The Pittsburgh Post-Gazette posted video early Monday morning of Detective Frank Rende yelling, 'Mind your own freakin’ business' at bystanders before taking out his taser and waving Mark Keyser Jr. away from the bar on Saturday. The newspaper reported that Rende has been accused of conduct unbecoming an officer more than a dozen times during his career." Continue reading →

Continue ReadingVideo shows Pittsburgh cop yelling at bystanders before allegedly tazing man outside bar