Obama Care is not Law, America again being snookered, just like the Patriot Act.

Scanned Retina Resource http://scannedretina.com/ Skip to content Home About ← Extortion – ObamaCare – Congress attempts to extort money from you! Illegal orders → SHOW US THE LAW! Posted on November 11, 2013by arnierosner http://tinyurl.com/kcrpdcn http://northamericanlawcenter.org/shut-federal-government-set-uphold-federal-health-care-extortion-scheme/ Download, print locally and share with your friends and neighbors Show us the law ObamaCare declared “unconstitutional” by US […]

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Jim Rickards: Decline of the Petrodollar System is Good for Gold

“The petrodollar system is collapsing for two reasons. The US has abused its privileged reserve currency position by printing trillions of dollars in an effort to create inflation. More recently, President Obama has taken steps to anoint Iran as the regional hegemon of the Middle East, and to ease the way, in stages, toward Iran’s possession of nuclear weapons capability. This is viewed as a stab-in-the-back by the Saudis and the Israelis and will lead quickly to Saudi Arabia obtaining nuclear weapons from Pakistan. There is also a newly emerging alliance among Saudi Arabia, Israel, Egypt, and Russia. The new alignment will have no particular use for US dollars and no reason to support them.” Continue reading

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China bitcoin arbitrage ends as traders work around capital controls

“The price gap between bitcoins trading in Chinese yuan and those sold for other currencies has evaporated in recent days, highlighting the porous nature of China’s capital controls. A key driver of the price gap was China’s capital controls, which make it difficult for speculators to swap yuan proceeds from the sale of high-priced Chinese bitcoins into dollars. Analysts say the price convergence also reflects the rapid evolution of the bitcoin market, which began with technology enthusiasts but quickly expanded to include those with the financial know-how to evade China’s strict capital controls.” Continue reading

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Tell President Obama to Support Warrants for Email Spying

“The IRS, FBI, DEA, and even local law enforcement can access your stored emails, private social media messages, and cloud documents, without a warrant. Bills to reform ECPA have gained huge support in recent months from both parties in Congress. But… A power grab by the Securities and Exchange Commission is now blocking this legislation. They want a special carve-out so regulatory agencies can continue to access your documents without a warrant. This would neuter ECPA reform. The SEC did NOTHING to stop Bernie Madoff, even when they had legally acquired evidence. Shouldn’t they first demonstrate more ability to use legal evidence before asking for illegal sources?” Continue reading

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World powers react to the Bitcoin boom

“World powers have scrambled in recent weeks to react to the rise of Bitcoin, a decentralised digital currency created in 2009. China banned its banks from providing related services and products on Thursday. Meanwhile, on Thursday the French central bank warned against using Bitcoin, because of its volatility and lack of regulation. However, Bank of America Merrill Lynch said in its first research report on the currency that it had the potential to become a major means of payment for ecommerce and a serious competitor to traditional payment methods.” Continue reading

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Bitcoin: China’s New Special Economic Zone

“With the People’s Bank of China’s announcement, the establishment of Bitcoin as yet another one of these areas – the first ever that only exists in cyberspace, has essentially become official. The announcement specifically forbade the existing Chinese banking system from interacting with the Bitcoin economy, but otherwise created an environment for the Bitcoin economy that some have described as even more free than that of Europe. Although exchanges are required to follow know-your-customer guidelines and register with telecommunications authorities, aside from this they do not need any kind of financial license in order to operate. The Bitcoin economy will be allowed to grow.” Continue reading

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China central bank suggests faster tempo for freeing yuan

“China’s central bank governor has dangled the prospect of speeding up currency reform and giving markets more room to set the yuan’s exchange rate as he underlines broader plans for sweeping economic change. The central bank under Zhou Xiaochuan has consistently flagged its intention to liberalize financial markets and allow the yuan to trade more freely, even before the Communist Party’s top brass unveiled late last week the boldest set of economic and social reforms in nearly three decades. Since the 60-point reform plan was released, Zhou has suggested urgency in pushing for change, although he has not provided any specific timetable.” Continue reading

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