The DOJ’s “Operation Choke Point” Has Driven 30 Industries To Bitcoin

“The DOJ is targeting 30 high-risk industries, as labeled by the Federal Deposit Insurance Corporation (FDIC) in 2011. BitPay has proven to be an incredible ally to the porn industry and has led Bitcoin’s charge into the high chargeback industry. Porn.com and now Verotel both accept Bitcoin using bitpay; both are able to charge lower fees without the risk of chargeback. OKCupid has been using Bitcoin for over a year now… Almost as long as the DOJ has been unintentionally pushing these industries towards Bitcoin. Every industry in the world can benefit from Bitcoin Blockchain technology; it’s just that these 30 have been given a forceful push by the government.” Continue reading

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Hidden Erosion of Corporate Worth Since U.S. Abandoned Money

“For 173 years, the United States used money as a medium of exchange. In 1965, it switched to using a floating accounting unit. This change coincided with a dramatic yet hidden reversal in the net trend of worth for U.S. corporations. The shift to fake money in 1965 just happens to coincide with the year that divides the long term trend of corporate worth in the United States from mostly up to mostly down. This chart reveals the breathtaking rise in total U.S. corporate worth during the money period and exposes the stunning net destruction of U.S. corporate worth since the start of the non-money period.” Continue reading

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Passed in Missouri and to the Voters: Bill to Protect Electronic Communications and Data

JEFFERSON CITY, Mo., May 16, 2014 –  Legislation to protect electronic communications and data was given final approval by the Missouri State Senate today. Because it is a proposal for a state constitutional amendment, it will now bypass the Governor’s desk, instead going directly to the People on the ballot this November. When proponents of…

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Tennessee Governor signs bill to effectively nullify federal hemp ban

NASHVILLE, May 15, 2014 – Yesterday, Tennessee Gov. Bill Haslam signed a bill which some supporters consider the strongest pro-hemp legislation in the country. House Bill 2445 (HB2445), introduced by Rep. Jeremy Faison (R-Cosby), would mandate that the state authorize the growing and production of industrial hemp within Tennessee, effectively nullifying the unconstitutional federal ban on…

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CA Senate committee passes bill to ban warrantless drone surveillance

SACRAMENTO., May 15, 2014 – A California bill to strictly limit drone use passed out of an important state senate committee this week, and is now slated to receive a vote from the full senate. The bill had previously passed through the state assembly by a 63-6 vote. AB1327 would ban law enforcement agencies in California from using…

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To the Governor’s Desk: Minnesota Legislature Bans Warrantless Cellphone Tracking

ST. PAUL, Min., – May 14, 2014. A bipartisan bill that bans Minnesota law enforcement from obtaining cellphone location tracking information without a warrant passed final hurdles in the state House and Senate today. The House vote was 130-0 and the Senate vote was 63-1. SF2466 was introduced by Sen. Brandon Petersen (R-Andover) and cosponsored…

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Wholesale Prices in U.S. Climb by Most in a Year; Food Prices Surge

“The 0.6 percent increase in the producer price index was the biggest since September 2012 and exceeded all estimates in a Bloomberg survey of economists, figures from the Labor Department showed today. Over the past 12 months, costs climbed 2.1 percent. Food prices surged by the most in three years. Wholesale food expenses increased 2.7 percent in April, the biggest jump since February 2011, led by an 8.4 percent surge in the costs of meats that was the biggest since 2003. A confluence of events ranging from drought in the West to porcine epidemic diarrhea is pushing up prices for beef, pork and other foods.” Continue reading

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