Bitcoin: Internationalization’s New Best Friend

"Bitcoin makes it easy to move funds around the world and convert it into and out of fiat currencies in a very private fashion. There's nothing to declare at borders, as with cash or precious metals, since the value exists 'out there' in the Internet. All you have are the keys to access those funds when desired. And, best of all, it allows frequent travelers and permanent travelers (PTs) to build up a readily accessible 'emergency account' that can't be easily identified, let alone stolen. However, the trick to getting all these privacy benefits is to use it properly." Continue reading

Continue ReadingBitcoin: Internationalization’s New Best Friend

Termites Feast On Woman’s Life Savings

"A Chinese woman almost lost her life savings recently when termites invaded a wooden drawer in which she kept a plastic bag containing 400,000 yuan: the equivalent of $65,000 U.S. dollars. It was only after the woman decided to redecorate her house in Guandong Province that she noticed the termites had dined on her nest egg. According to the Guangzhou Daily, the money was given to the woman by her children. A local bank generously scanned the remaining cash and was able to identity 340,000 yuan which means the termite's meal ultimately cost the woman roughly $9,786." Continue reading

Continue ReadingTermites Feast On Woman’s Life Savings

This One Group of Bankers Can Help You Predict the Markets

"Fifty-eight of the world’s largest central banks are members of the Bank for International Settlements (BIS), a group that meets every two months behind closed doors in Basel, Switzerland. At their bi-monthly dinner meetings, the central bankers supposedly discuss monetary policy, the global markets and international money flows. But we don’t really know, because the meetings are private — no transcripts, no minutes and no journalists allowed. Even staff members are barred from the room. What is certain is that any major policy decisions made by any of the world’s large central banks are cleared through the BIS first. Its latest warning is a doozy." Continue reading

Continue ReadingThis One Group of Bankers Can Help You Predict the Markets

They Think You’re Naïve…

"When it comes to the financial markets, Bernanke is, without a question, the most powerful man in the world. On May 22, he suggested that the Fed may soon reduce the size of its money-printing program, known as QE. Since then, the market has experienced a small meltdown. More than $2.5 trillion has already been erased from the value of global equities. Some analysts think the Fed announcing the end of QE would be a good thing. They think it would indicate the Fed is confident the economy is strong enough to operate without stimulus. The only problem is the Fed is thinking about ending QE for a reason that has nothing to do with healthy economic growth." Continue reading

Continue ReadingThey Think You’re Naïve…

Obama Says Bernanke Has Been at Fed ‘Longer Than He Wanted’

"President Barack Obama said Federal Reserve Chairman Ben S. Bernanke has stayed in his post 'longer than he wanted,' one of the clearest signals the central bank chief will leave when his current term expires next year. 'Ben Bernanke’s done an outstanding job,' Obama said in an interview with Charlie Rose that aired yesterday on PBS, when asked about nominating him for another term subject to Senate approval. 'He’s already stayed a lot longer than he wanted or he was supposed to.'" Continue reading

Continue ReadingObama Says Bernanke Has Been at Fed ‘Longer Than He Wanted’

No Rest for the Weary Landowners and Their Advocates

As the Texas Tribune reported, we’ve started the ball rolling AGAIN asking for interim studies and public hearings on common carrier pipelines and eminent domain abuse in our state. We knew public input (pulling wisdom from the minds of men and women) would be an important element in the search for solutions to protecting private property and water while providing fertile ground for oil and gas development. There was ONE and only ONE public hearing … Continue reading

Continue ReadingNo Rest for the Weary Landowners and Their Advocates

When You Need To Disappear

"Whistleblower Edward Snowden needs to disappear if he is to avoid kidnapping, assassination, extradition, or deportation to the United States. If you’re ever faced by a situation in which you need to disappear, right away, what would you do? Perhaps someone is bent on revenge and has threatened to kill you. Perhaps you’re caught in an impossible personal or financial situation and you feel that 'going underground' is the only way out. Or perhaps like Snowden, you find yourself an enemy of the state. If you’re in such a situation, privacy may be a matter of life or death. You need to be prepared to act quickly, and when the time comes, not to hesitate." Continue reading

Continue ReadingWhen You Need To Disappear

How The USA Captures Whistleblowers And Other Political Enemies

"Snowden’s case would likely fall under the political crime statute of the U.S.-Hong Kong extradition treaty. Any extradition request would be difficult, complicated, and probably ultimately unsuccessful. However, if Snowden succeeds in fighting extradition from Hong Kong, the United States can revoke his passport. It’s also possible that because of the likely difficulty of extradition, U.S. authorities will simply revoke Snowden’s passport and demand his return, and bypass the extradition option entirely. Notice of the revocation, meaning that the suspect would then be illegally in the country, would be sent to Hong Kong authorities who could then deport Snowden." Continue reading

Continue ReadingHow The USA Captures Whistleblowers And Other Political Enemies

Obama on prosecuting Edward Snowden: I will leave it up to the Department of Justice

"Barack Obama addressed what he described as the public 'ruckus' over the leaked National Security Agency surveillance documents on Monday, indicating that the US authorities would pursue extradition from Hong Kong of the whistleblower Edward Snowden. Obama did not offer any more details about the process in his PBS interview. Instead, he addressed criticism that he has shifted a long way from the liberal positions he championed during his 2008 White House race. Obama said: 'My concern has always been not that we shouldn’t do intelligence gathering to prevent terrorism, but rather are we setting up a system of checks and balances.'" Continue reading

Continue ReadingObama on prosecuting Edward Snowden: I will leave it up to the Department of Justice

NSA Snooping on Americans Is Unconstitutional and Outrageous

"Even after 9/11, an American’s chance of being killed by terrorists is about the same as that of being killed by an asteroid and less than that of being struck down by lightning. President Obama recently gave a speech seemingly shining a light on the end of the tunnel in the war on terrorism. Apparently, that didn’t apply to snooping on Americans in that war. As a candidate prior to becoming president, Obama argued that no tradeoff existed between security and America’s unique and sacred liberties; yet after these government spying programs were leaked, he contradicted his early stance and opined we couldn’t have 100% security and 100% liberty." Continue reading

Continue ReadingNSA Snooping on Americans Is Unconstitutional and Outrageous