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Spain’s Bitcoin Reaction to the Cyprus Crisis Government Grab of Deposits

Spain’s Bitcoin Reaction to the Cyprus Crisis Government Grab of Deposits

“Number of Bitcoin dealers, before and after the Cyprus crisis, in Spain.” Continue reading

Colorado Gun Control Law Is Unenforceable, Say 54 Of 62 Colorado Sheriffs

Colorado Gun Control Law Is Unenforceable, Say 54 Of 62 Colorado Sheriffs

“A gun control law set to go into effect in July specifies that anytime that a gun owner allows anyone to have control of his gun for over 72 hours, that person to receive the gun must go through a background check. Of Colorado’s 62 sheriffs, 54 are publicly protesting the law. It is unenforceable, they say. The law has other unenforceable features, such as banning rifle magazines that could possibly be expanded to hold more than 15 rounds. Anyone who owns such a magazine cannot sell it or lend it. The sheriffs are part of a lawsuit in federal court. The lawsuit says the law is unconstitutional. The state committee that heard testimony allowed only one sheriff to testify.” Continue reading

Chinese expat author decides to move back to China after receiving green card

Chinese expat author decides to move back to China after receiving green card

“Living overseas expanded her vision of the world, enabling her to review her previous life in China from a different perspective. ‘However, I finally came to realize that America will never be home for my spirit and career. Unlike the previous generations of immigrants to America, it is not a problem of language or the bread-and-butter things. The country is materially affluent, but sheer material well-being will not provide real happiness. Add to that the fact that China’s rapid economic growth these past few years has made it unnecessary for me to stay in the U.S. just for a comfortable life. As a writer, I found my readers, my development and my roots lie in my motherland.'” Continue reading

Student shot in head by cop while being used as human shield during home invasion

Student shot in head by cop while being used as human shield during home invasion

“The Hofstra University student killed during a home invasion robbery was the victim of friendly fire from a veteran cop who unleashed a barrage of bullets when the armed intruder pointed a gun at him, Nassau County police announced tonight. Andrea Rebello was accidentally shot in the head while career criminal Dalton Smith had her in a headlock and used her as a human shield while trying to escape out the back door, Det. Lt. John Azzata said. The unidentified cop fired eight rounds, seven of which struck and killed Smith, and one of which hit Rebello, he said.” Continue reading

Truck Driver Nearly Beaten to Death By Police For Not Signing Traffic Ticket

Truck Driver Nearly Beaten to Death By Police For Not Signing Traffic Ticket

“Two officers, one of them a trained fist-boxer, beat Kozacenko on the side of the highway nearly to death. He suffered a crushed left orbital eye socket, multiple facial fractures, a broken left arm, broken ribs, a concussion, loss of consciousness, and possible neurological damage. His injuries caused a deprivation of oxygen for a prolonged period of time. Officers Andrew P. Murrill and Jim Sherman maintained that the force was not excessive. Both are still on the job a full 2 years after the incident. Olegs Kozacenko suffers long-term physical and emotional injuries and is no longer able to work.” Continue reading

A Real Life Thelma and Louise: the US and the EU

A Real Life Thelma and Louise: the US and the EU

“To be sure, there have been many warning signs along the road to indicate that to exit the car might have been a good idea, but, for whatever reasons, they did not. Now, it is becoming increasingly apparent to a larger number of people that the joy ride is soon to end, and end rather badly. As such, it would be understandable if we were to see the passengers in the back of the car request that they be let out. As Europe has some 740,000,000 inhabitants and the US has a further 310,000,000, even if only one percent chose to make an exit at some time in the next few years, this would mean an exodus which would be unprecedented in world history.” Continue reading

It’s Not Pretty: The EuroZone Economies

It’s Not Pretty: The EuroZone Economies

“The EuroZone is in the down phase of the business cycle and government regulations make it difficult for startups in most EZ countries to launch, regulations in most EZ countries also make it risky for established firms to hire. Further, unemployment packages make it attractive for most to stay unemployed once they are laid off. Thus you have economies that look like this. Unlike the European Central Bank, which has been doing only very modest money printing, the Fed has been flooding the markets, which has caused, yet another manipulated boom in the housing sector and stock market, that will, soon enough, experience another bust.” Continue reading

The Top 3 Things I Learned at the Bitcoin Conference

The Top 3 Things I Learned at the Bitcoin Conference

“This past weekend I attended the Bitcoin 2013 conference in San Jose, where over one thousand enthusiasts, developers, entrepreneurs, venture capitalists, and, yes, lawyers gathered to chart the future of the virtual currency. Bitcoin to date has been the domain of geeks, gold bugs, and cypherpunks, but sensing its disruptive (and profitable) potential, entrepreneurs and venture capitalists are pouring into the space. This transition from ideological enclave to professionalized financial network was on display at the conference’s exhibit hall.” Continue reading