Maryland Bill Would Take Steps Toward Rejecting Federal Militarization of Local Police

ANNAPOLIS, Md. (Jan. 26, 2018) – A bill introduced in the Maryland House would significantly limit the impact of federal programs that militarize local police. Del. David Moon (D-Montgomery Co.), along with six Democrat cosponsors, introduced House Bill 240 (HB240). The legislation would prohibit police from procuring any of the following equipment from a federal military surplus program.…

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Tennessee Bill Would Legalize Medical Marijuana; Foundation to Nullify Federal Prohibition

NASHVILLE, Tenn. (Jan. 26, 2017) – A bill introduced in the Tennessee Senate would legalize medical marijuana for qualifying patients in the state, setting the foundation to nullify unconstitutional federal cannabis prohibition in practice. Introduced by Sen. Steven Dickerson (R-Nashville), Senate Bill 1710 (SB1710) would allow individuals to possess medical marijuana if they suffer from…

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Hawaii Bill Would Prohibit Warrantless Stingray Spying, Hinder Federal Surveillance Program

HONOLULU, Hawaii (Jan. 26, 2018) – A bill introduced in the Hawaii Senate would ban the use of “stingrays” to track the location of phones and sweep up electronic communications without a warrant in most situations. The proposed law would not only protect privacy in Hawaii, but would also hinder one aspect of the federal surveillance…

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Rhode Island Bill Would Limit ALPR Use, Help Stop National License Plate Tracking Program

PROVIDENCE, R.I. (Jan. 26, 2018) – A bill introduced in the Rhode Island House would prohibit roadway surveillance, including the use of automatic license plate readers (ALPRs) without a warrant in most situations. Passage into law would also place significant roadblocks in the way of a federal program using states to help track the location of millions…

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China promises bank rescue in next crisis

"China’s financial regulator has vowed to rescue the Chinese banking system immediately to avert a banking crisis when the bubble bursts, issuing a blanket guarantee that no major institution will be allowed to fail. Beijing says it has studied the errors that led to the Lehman crisis in the 2008 and will not allow a chain reaction to occur, even if this means paying a price in terms of lost economic growth and dynamism."

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Japanese Bitcoin Exchange Shuts Down After $723M Stolen

"On both English and Japanese social media, Coincheck promised users it would provide full details in due course, while in the meantime apologizing for the abrupt cut to services. Notably, Coincheck is not registered with Japan’s Financial Services Authority - a regulator responsible for overseeing exchanges in the country - unlike several other prominent cryptocurrency exchanges, such as bitFlyer and Quoine."

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Jamie Dimon says he regrets calling bitcoin a fraud

"'The blockchain is real,' Dimon added in the interview. 'You can have cryptodollars in yen and stuff like that. ICOs ... you got to look at every one individually. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. And I just have a different opinion than other people.'"

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Goldman Executive Assistant Indicted In $1.2 Million in Rare Wine Theft

"A former personal assistant to Goldman Sachs co-president David Solomon has been indicted in federal court for allegedly taking hundreds of bottles of wine worth an estimated $1.2 million from his boss' Manhattan cellar, and reselling them. One of his tasks was accepting wine deliveries at the finance executive's Manhattan apartment, and then transporting them to Solomon's East Hamptons house. According to the indictment, for a period of at least two years, De-Meyer sold hundreds of the bottles to an unnamed wine dealer based in North Carolina."

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