Network Archives

Steve Wozniak Laments Creating The Tools That Government Uses To Spy On Us

"When Morgan suggested the government would not be able to keep such a close eye on citizens without the work of innovators like him, Wozniak acknowledged: 'I actually feel a little guilty about that – but not totally. We created the computers to free the people up, give them instant communication anywhere in the world; any thought you had, you could share freely. That it was going to overcome a lot of the government restrictions. We didn't realise that in the digital world there were a lot of ways to use the digital technology to control us, to snoop on us, to make things possible that weren't.'" Continue reading →

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FBI: We Were Not Investigating Michael Hastings

"'At no time was journalist Michael Hastings ever under investigation by the FBI,' L.A. Field Office spokeswoman Laura Eimiller told the Burlington Free Press on Thursday. The L.A. Police Department said detectives have concluded no foul play was involved in the crash, also according to Burlington. LAPD spokesman Richard French said detectives did not share with his office the reasons behind their conclusion that the crash was an accident." Continue reading →

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Businesses in Berlin open arms to digital currency Bitcoin

"Cassandra Wintgens ceremoniously affixed the blue sticker with the thick, yellow 'B' to the pane in the front door of her guesthouse-cum-cafe. 'Bitcoin accepted here,' it read. The establishment Lekkerurlaub Notaufnahme, which translates roughly as 'Yummy Holiday Emergency Admission,' thereby became the seventh business in the Graefe neighbourhood of the multicultural Berlin district of Kreuzberg, to accept the digital currency — whether for an overnight stay or a cup of coffee in the cafe. 'I think it’s exciting,' she remarked. 'We don’t need banks for Bitcoins. They just muck us about anyway and don’t do anything for small-scale businesspeople.'" Continue reading →

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Cyprus Asks Creditors to Help Biggest Bank

"Cyprus has asked its European partners to help ease a cash crunch at the island's biggest lender, saying this spring's bank-rescue deal was struck 'without careful preparation' and was imperiling its ability to meet budget targets. In a letter sent to European leaders, Cyprus President Nicos Anastasiades said the success of the island's bailout depended on Bank of Cyprus PCL's survival, and he criticized capital controls put in place as part of the deal, which he said are severely damaging the economy. 'I stress the systemic importance of Bank of Cyprus, not only in terms of the banking system but also for the entire economy,' said the letter." Continue reading →

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Britain’s Co-operative Bank faces nationalisation if junior bondholders reject ‘haircut’

"The Co-operative Bank's rescue recapitalisation needs the support of £1.05bn – or around 80pc – of the holders of £1.3bn of its junior debt or the lender could end up being nationalised. A group of pensioners and other retail investors in the Cooperative Bank are facing massive losses under the rescue. Holders of £370m of permanent interest bearing shares (PIBS) issued by the Co-op and Britannia Building Society before its takeover are expected to have their coupons cancelled, making them effectively worthless. Roughly 7,000 retail investors will be affected and the bank said that, on average, they held less than £1,000 in these bonds." Continue reading →

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Western Union now prohibits sending money to the USA from Argentina. Bitcoin may be the only way out.

"Western Union will no longer allow the outflow of dollars from Argentina to the U.S.. Two U.S. companies, Western Union and Delta Airlines, began to suspend some operations. According to the report said 'The Chronicle', the company's overseas remittance sent the following statement: 'As of 03/06/13 will not be able to ship from Argentina to the United States'. The company had discontinued their service, in part, to Europe, Asia, Africa and Oceania. For shipments to Latin America, only allowed up to 1,500 pesos per month ($ 280). Meanwhile, Delta Airlines sell tickets Argentines abroad only if they enter and depart from the country." Continue reading →

Continue ReadingWestern Union now prohibits sending money to the USA from Argentina. Bitcoin may be the only way out.

Brazil leaders to meet after 1 million protest in streets

"Brazil awoke Friday to city centers still smoldering after a night that shocked the nation: 1 million anti-government protesters took to the streets in scores of cities, with clusters battling police and destroying swaths of storefronts and government buildings. President Dilma Rousseff called an emergency meeting about the protest with top Cabinet members Friday, after a largely silent and much criticized response to some of the biggest demonstrations seen in this 192 million-person country in decades. The majority of protesters have been peaceful, and crowds have taken to chanting 'No violence! No violence!' when small groups have prepared to burn and smash." Continue reading →

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Jacob Hornberger: Replacing The Welfare-Warfare State With A Free Society

"We live under a governmental system in which the president, the military, the CIA, and the NSA now wield powers that the greatest dictators in history have wielded. The powers to assassinate people, to indefinitely detain people without due process or trial by jury, to kidnap and rendition people, to torture people, to subject people to LSD experiments, to invade and occupy foreign countries, to support coups in foreign lands, to install, train, maintain, and support brutal dictatorial regimes, to spy on and monitor the activities of people everywhere. In other words, the dark type of things that Americans used to complain that communist or totalitarian regimes were engaged in." Continue reading →

Continue ReadingJacob Hornberger: Replacing The Welfare-Warfare State With A Free Society

Bill Bonner: How to Disappear Without a Trace

"Twelve years ago – when the 'homeland' was first invented (a smooth adaptation of Hitler's 'fatherland') and TSA agents began frisking grandmothers – the whole thing seemed like a joke. It looked as though America's leaders had gotten themselves into a hysterical panic. They thought al-Qaida really existed... that there were terrorist sleeper cells in every hamlet and burg... and that these infiltrators were about to wreak havoc on the nation. It was a preposterous lie, but we figured they'd come to their senses soon. Instead of coming to their senses, America's leaders began to see the advantage of a war that could neither be won nor lost." Continue reading →

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Web’s Reach Binds N.S.A. and Silicon Valley Leaders

"Although Silicon Valley has sold equipment to the N.S.A. and other intelligence agencies for a generation, the interests of the two began to converge in new ways in the last few years as advances in computer storage technology drastically reduced the costs of storing enormous amounts of data. The sums the N.S.A. spends in Silicon Valley are classified, as is the agency’s total budget, which independent analysts say is $8 billion to $10 billion a year. Current and former industry officials say the companies sometimes secretly put together teams of in-house experts to find ways to cooperate more completely with the N.S.A." Continue reading →

Continue ReadingWeb’s Reach Binds N.S.A. and Silicon Valley Leaders