Network Archives

Attorney for Whistleblower: 400 U.S. Missiles Stolen in Benghazi

"On August 12, Joe DiGenova, attorney for one of the Benghazi whistleblowers, told Washington D.C.'s WMAL that one of the reasons people have remained tight-lipped about Benghazi is because 400 U.S. missiles were 'diverted to Libya' and ended up being stolen and falling into 'the hands of some very ugly people.' DiGenova represents Benghazi whistleblower Mark Thompson. He told WMAL that he 'does not know whether [the missiles] were at the annex, but it is clear the annex was somehow involved in the distribution of those missiles.'" Continue reading →

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White House insists NSA surveillance review will be independent

"The White House has moved to dampen controversy over the role of the director of national intelligence James Clapper in a panel reviewing NSA surveillance, insisting that he would neither lead it nor choose the members. Statements by Barack Obama and Clapper were widely interpreted as the director of national intelligence being placed in charge of the inquiry, which the president had announced on Friday would be 'independent'. The apparent involvement of Clapper, who has admitted lying to Congress over NSA surveillance of US citizens, provoked a backlash, with critics accusing the president of putting a fox in charge of the hen house." Continue reading →

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The Bitcoin crackdown

"Bitcoin is a virtual currency getting a lot of attention by the real world. Coinsetter is a company dedicated to making Bitcoin safe to use. Jaron Lukasiewicz, Coinsetter CEO, shares what the industry has to say. And Benjamin Lawsky, superintendent of NY Department of Financial Services, shares the regulators' side of the story." Continue reading →

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Hawaiian cannabis minister allowed to use religious defense

"The 64-year-old Christie has been in the Honolulu Federal Detention Center since he and 13 other Big Island residents, including Share Christie, were arrested by federal agents on July 8, 2010. All were charged with conspiracy to manufacture, distribute and possess with intent to distribute 284 marijuana plants, which carries a mandatory minimum prison term of five years and a maximum of 40 years if they’re convicted. The others were granted bail, but U.S. Magistrate Kevin Chang ordered Christie held without bail, calling him 'a danger to the community.'" Continue reading →

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Bitcoin Architect: Everything You Need To Know About Bitcoin

"Much has been written over the past year about the new digital currency Bitcoin -- especially after its price skyrocketed 15x in just a few months, followed by a blow-off correction of over 50%. But what exactly is it? How does it work? How secure is it? What are its advantages (and disadvantages) to sovereign fiat currencies? To precious metals? In this week's podcast, Chris talks with Gavin Andresen, chief scientist of the Bitcoin Foundation and lead developer for its digital currency project." Continue reading →

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The Secret Plot to Prop Up the Municipal Bond Market

"Not only are capital regulations, written as parts of Basel II and Basel III, driving banks to hold government instruments such as US Treasury securities, but it is also driving banks to buy junk municipal debt. The disclosure that European banks are holding bad Detroit paper confirms my suspicions as to the true principles of the so-called safety guidelines capital requirements. They are no such thing, they are crony rules designed to prop up risky government paper. In time, as more government regions from Puerto Rico to Chicago and Los Angeles go into a financial crisis stage, we will learn of even more global bank exposure to debt from these sectors." Continue reading →

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That Which Is Incapable of Reforming Itself Disappears

"In Nature the ability to reform is called adaptation. Organisms and species that are unable to adapt when selective pressure is applied vanish from the Earth. Humans and human organizations are no different; individuals and organizations that are unable to respond to selective pressure with real self-reform/transformation will also fail and disappear. The political and financial Status Quo is incapable of true reform, because real reform threatens the perquisites and power of entrenched vested interests, what I call fiefdoms. That leaves breakdown as the only possible endpoint." Continue reading →

Continue ReadingThat Which Is Incapable of Reforming Itself Disappears

New IRIS telescope sends stunning images of sun to befuddled scientists

"A new solar observatory is revealing remarkably fine details about a little-explored region of the sun's atmosphere, where temperatures leap from tens of thousands of degrees Fahrenheit at the sun's surface to to millions of degrees in its extended atmosphere. Dubbed the interface region by the observatory's science team, this first 2,000 to 3,000 miles of the sun's atmosphere is thought to play a key role in a range of processes, including those that power solar flares and even more potent coronal-mass ejections. These events can endanger satellites, disrupt radio communication and GPS navigation, as well as disrupt the power grid on Earth." Continue reading →

Continue ReadingNew IRIS telescope sends stunning images of sun to befuddled scientists