NSA Empowered by USA Freedom Act

The USA Freedom Act was lauded as a great first step in trying to stop the abuses of the NSA. However, to even pass out of committee many changes altered the initial text of the bill. These changes didn’t improve privacy. And, unfortunately that’s just half of it. The amended bill which passed the House…

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Welfare rolling down hill, America on Welfare, Mexico on Welfare.

The Corporation of the United States a corporation existing on welfare from foreign countries , is funding the Welfare of the state of Mexico. Mexico is angry… Wow! And make certain you read, at the bottom of this page, the part that says it will take 30 more seconds to read! The shoe is on […]

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UN resolution goes down in flames, Senate finally got something right!

In 2014 and 2016 , lets get rid of the 46 below!!!!! They all violated their oath of office, in fact they committed treason!!!!! The next administration must arrest them and jail them. Oh and lets not leave out the current administration,.. I guess the question is , do we have extradition agreements with Kenya? […]

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Amicus Brief in Tuaua v. United States

Last week I joined a group of distinguished scholars on this amicus brief filed in support of plaintiffs/appellants in Tuaua v. United States, the Samoan citizenship case now at the D.C. Circuit.  As I’ve discussed before, the issue is whether the Constitution allows the United States to treat inhabitants of American Samoa (a U.S. territory) as something less than American citizens…

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FinCEN: Cloud Mining, Escrow Services Aren’t Money Transmitters

"The US Financial Crimes Enforcement Network (FinCEN) has issued new rulings indicating that digital currency-related cloud mining and escrow services should not be considered money transmitters. The two releases came via what appear to be responses to requests from businesses seeking to better understand FinCEN’s policies. FinCEN, the bureau of the US treasury that collects and analyzes financial transactions, has previously released influential decisions regarding how consumer bitcoin miners and bitcoin investors should be regulated under money transmission laws." Continue reading

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Federal Reserve’s Bitcoin Policy Begins to Take Shape

"On Friday, May 9th, 2014, the Federal Advisory Council and Board of Governors of the Federal Reserve met for their quarterly meeting in Washington D.C. This meeting was historically held in secrecy until Bloomberg News 'won' a Freedom of Information Act request requiring the Fed to make the meetings minutes available to the public. The Fed is pro Bitcoin regulation: 'Regulation is advisable; considerations include protecting consumers, addressing illicit use, and avoiding Balkanization.' In this regards they recommend, 'Regulatory oversight to ensure that exchanges invest in appropriate cyber and other security measures. This includes fully secure storage of Bitcoin wallets.'" Continue reading

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Federal Reserve’s Bitcoin Policy Begins to Take Shape

"On Friday, May 9th, 2014, the Federal Advisory Council and Board of Governors of the Federal Reserve met for their quarterly meeting in Washington D.C. This meeting was historically held in secrecy until Bloomberg News 'won' a Freedom of Information Act request requiring the Fed to make the meetings minutes available to the public. The Fed is pro Bitcoin regulation: 'Regulation is advisable; considerations include protecting consumers, addressing illicit use, and avoiding Balkanization.' In this regards they recommend, 'Regulatory oversight to ensure that exchanges invest in appropriate cyber and other security measures. This includes fully secure storage of Bitcoin wallets.'" Continue reading

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The Successor to Keynes

"The words, 'Brilliant!' 'Ground-breaking!' and 'Visionary!' He recommends: Uniform global taxation; Confiscatory tax on inherited wealth; 15% tax on capital; 80% tax on annual incomes over US$500,000; Enforced transparency on all bank transactions; Overt use of inflation to redistribute wealth downwards. Why didn’t anyone else think o"The words, 'Brilliant!' 'Ground-breaking!' and 'Visionary!' will no doubt be seen in many reviews of Mr. Piketty’s book. He recommends: Uniform global taxation; Confiscatory tax on inherited wealth; 15% tax on capital; 80% tax on annual incomes over US$500,000; Enforced transparency on all bank transactions; Overt use of inflation to redistribute wealth downwards. Why didn’t anyone else think of this brilliant plan? Well actually, they did. In fact, the above is essentially the shopping list of the IMF, the EU, the OECD and, in fact, many of the governments that make up what was formerly described as 'the free world.'" this brilliant plan? Well actually, they did. In fact, the above is essentially the shopping list of the IMF, the EU, the OECD and, in fact, many of the governments that make up what was formerly described as 'the free world.'" Continue reading

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Bank of Israel’s Fischer, Treasury’s Brainard to push for more activist Fed

"The arrival of former Bank of Israel Governor Stanley Fischer and former U.S. Treasury official Lael Brainard will add two strong voices to back Chair Janet Yellen's view that loose monetary policy needs to be extended to turn around a slack labor market. Fischer intervened directly in Israel's mortgage market to tackle a real estate bubble, while Brainard pushed EU governments hard for more aggressive action from the European Central Bank during the euro zone crisis. Interviews with former colleagues and a review of their public statements also suggest both will want the Fed to remain in activist mode long after its current programs wind down and its bloated balance sheet shrinks." Continue reading

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