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Federal Reserve’s Bitcoin Policy Begins to Take Shape

“On Friday, May 9th, 2014, the Federal Advisory Council and Board of Governors of the Federal Reserve met for their quarterly meeting in Washington D.C. This meeting was historically held in secrecy until Bloomberg News ‘won’ a Freedom of Information Act request requiring the Fed to make the meetings minutes available to the public. The Fed is pro Bitcoin regulation: ‘Regulation is advisable; considerations include protecting consumers, addressing illicit use, and avoiding Balkanization.’ In this regards they recommend, ‘Regulatory oversight to ensure that exchanges invest in appropriate cyber and other security measures. This includes fully secure storage of Bitcoin wallets.'” Continue reading →

Yellen tells graduates: Show grit like Ben Bernanke

“Federal Reserve Chairwoman Janet Yellen on Wednesday delivered what you’d expect from a commencement speech: graduates, she said, should ‘tend the fires of curiosity,’ listen to others, and show grit in the face of failure. Yellen reminded New York University students in Yankee Stadium that even Babe Ruth, Lou Gehrig and Joe DiMaggio failed most of the time they stepped to the plate, according to a text of her remarks. And what example did Yellen find for such an inspirational beacon of bravery? Why, her predecessor, Ben Bernanke.” Continue reading →

New Law: Minn. Governor signs bill to ban warrantless cellphone tracking

ST. PAUL, Min., – May 22, 2014. A bipartisan bill which bans Minnesota law enforcement from obtaining cellphone location tracking information without a warrant was signed into law by Gov. Mark Dayton last Friday. SF2466 was introduced by Sen. Brandon Petersen (R-Andover) and cosponsored by two democrat and two republican senators. It passed the House…

Surprisingly, FDA gets the commerce clause right?

A May 16th Food and Drug Administration news release reported that U.S. Marshals had seized more than $11,185,000 worth of unapproved drugs. They did this at the request of the FDA because the medications are unapproved and misbranded drugs under the Federal Food, Drug, and Cosmetic Act. The FDA complaint for forfeiture in paragraph 3…

Older Vets should be shot in the head! Ya gotta love Government!

VA Supervisor: Older Veterans Should be “Shot in the Head” to Save Money Supervisor said older veterans should be “taken outside and shot in the head” to save money. by Paul Joseph Watson | May 21, 2014 163 163 0 ——————————————————————————– A Veterans Affairs whistleblower has exclusively revealed to Infowars that the facility at which […]

We Can’t Count on Congress to Stop Unconstitutional Spying

The events of 9/11 radically changed the way the US combats foreign threats such as terrorism. Ultimately, through Edward Snowden’s revelations, we’ve learned that the NSA is destroying privacy and Constitution protections. Faced with public opposition, politicians in D.C. responded with a “fix,” known as the USA Freedom Act. But to actually pass it through…

California Senate passes bill to pull the plug on illegal NSA spying, 29-1

SACRAMENTO, May 19, 2014 – A bipartisan bill which creates a mechanism to turn off all material support and assistance, including water and electricity resources, from California to the NSA passed the State Senate today. The vote was 29-1. Dubbed the 4th Amendment Protection Act, Senate Bill 828 (SB828) would ban the state from participating…

New Jersey Action Alert: Help Protect Privacy Rights from Drones, Support A1164

On January 16th, A1164 was introduced in the New Jersey Assembly. The legislation will require law enforcement entities to obtain a warrant prior to using unmanned aerial vehicles (drones) in New Jersey. STATUS: Referred to the Assembly Homeland Security and State Preparedness Committee where it would need to pass by a majority vote before it…