Startup of the Week: CurrencyTransfer

"CurrencyTransfer is a business foreign exchange price comparison marketplace. International business payments can be expensive and opaque, with hidden markups of up to five percent of the value of transfers. CurrencyTransfer aims to bring transparency and impartiality to the market, by getting currency specialists to lifestream their tradable rates -- which are usually decided 'manually' over the phone depending on the client -- in a transparent market. It was set up by computer scientist Stevan Litobac, who was born in Sarajevo but fled to the UK when the Bosnian war started, and Israeli-Brit Daniel Abrahams." Continue reading

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Appeals court upholds Fed’s 21-cent cap on retailer ‘swipe fees’

"A Federal Reserve rule allowing banks to charge retailers 21 cents to process debit-card transactions has been upheld by a federal appeals panel, a blow to big merchants such as Wal-Mart Stores Inc. and Target Corp. The dispute stems from a Dodd-Frank provision that required the Fed to set the so-called interchange fees, known colloquially as swipe fees, at a level reflecting the actual processing costs. The Fed's staff recommended cutting the fee from 44 cents per transaction on average to just 12 cents. But after heated protests from the financial industry, the Fed in June 2011 set a cap of 21 cents per transaction." Continue reading

Continue ReadingAppeals court upholds Fed’s 21-cent cap on retailer ‘swipe fees’

Connecticut Legislature Taking Closer Look at Common Core

On February 11, 2014, The Connecticut House of Representatives Education Committee introduced HB 5078, “An Act Imposing a Moratorium on the Implementation of the Common Core State Standards.” On March 12, a public hearing on the issue packed a House committee chamber. The bill is co-sponsored by 18 Republican members of the House and seeks…

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Incorporated City Gov stupidity,sanctioned by a corrupt SC, and we are supposed to be a free country! B S!! Which proves my point, “Do you own it or are you renting it! You own nothing, and We preach to Putin!!

Seized property sits vacant nine years after landmark Kelo eminent domain case The controversial Supreme Court ruling that expanded eminent domain to give government the right to take private property to allow economic development may have been all for nothing, according to a report. Nine years after the high court sided with a Connecticut municipality […]

Continue ReadingIncorporated City Gov stupidity,sanctioned by a corrupt SC, and we are supposed to be a free country! B S!! Which proves my point, “Do you own it or are you renting it! You own nothing, and We preach to Putin!!

50 States Worth of Harry Reid’s “Liars”

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Lying liars, all. Why do it? It’s easily proven false, so why come out as Harry Reid did and call a majority of Americans liars? Because they can, and won’t be questioned by the nightly news. They care about one thing – power to rule over you. They know what’s best for you.
See Source post here: https://erickbrockway.com/2014/03/22/here-are-50-states-worth-of-harry-reids-liars/

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Jeff Berwick: Bitcoin Is Equivalent to the Internet in 1993

"Perception of Bitcoin now is like of the Internet in 1993. Mt Gox, Tesla and the free market. US government pressuring foreign governments making it harder to get foreign citizenship. Staggering fraud in the banking sector and banker suicides. Crazy Keynsian thinking. Russia and China more free market than the West. Disaster brewing for the West. The move into precious metals stocks." Continue reading

Continue ReadingJeff Berwick: Bitcoin Is Equivalent to the Internet in 1993