Search Results for “https:” – Page 772

Irish man facing U.S. extradition for hosting largest child porn network on the planet

“If extradited to the US, Marques faces four charges relating to images hosted on the Freedom Hosting network, including images of the torture and rape of children. He could be sentenced to 30 years in prison. Freedom Hosting hosted sites on the The Onion Router (Tor) network, which anonymises and encrypts traffic, masking the identity of users. Users on the Tor sub-Reddit were suspicious about the news, dissecting the details of the vulnerability and pointing to a previous case where the FBI had taken over and maintained a site hosting child abuse material for two weeks in order to identify users.” Continue reading →

California governor Jerry Brown intervenes to delay threatened BART strike

“Brown’s letter said he took the action ‘because the strike will significantly disrupt public transportation services and will endanger the public’s health, safety, and welfare.’ San Francisco area residents had been bracing for a strike even as 11th-hour talks continued, with some sleeping at friends’ and relatives’ homes to be closer to jobs and making alternative travel arrangements. The unions gave a 72-hour notice on Thursday night of a possible strike by 2,400 workers on a rail system that carries 400,000 passengers a day and serves as a critical link in the San Francisco area’s transportation system.” Continue reading →

When Price Controls Reach Your Dining Table

“Those of us who are West Indian (Caribbean) have had, over the last fifty years, the opportunity to observe this situation previously in island nations that made the mistake of choosing socialism or communism as a ‘better way,’ then discovered the way in which collectivism limits or eliminates basic necessities. In particular, in Cuba, a toilet paper shortage twenty years ago resulted in restaurants hiring aides to sit by the door of the loo and hand out paper – six squares to a diner. Observing the above occurrences seems almost comical… unless you are actually experiencing it first-hand. Then it is not humorous at all.” Continue reading →

Bill Bonner: The worst candidate to replace Ben Bernanke

“Ben Bernanke is leaving the Fed at the end of the year. The leading candidates to replace him are all fully committed to continuing his policies, which consist of providing as much credit rope as you need to hang yourself. People come to think what they need to think when they need to think it. When they approach the ‘end of their rope’ phase of a financial catastrophe they need to believe that they have no choice but to play out a little more line. Doubts give way to desperate faith. Reflection is abandoned for action. All of the announced candidates for Bernanke’s job — Yellen, Summers and Kohn – are believers.” Continue reading →

Update Common Core Committee Meetings

“It should be your care, therefore, and mine, to elevate the minds of our children and exalt their courage; to accelerate and animate their industry and activity; to excite in them an habitual contempt of meanness, abhorrence of injustice and inhumanity, and an ambition to excel in every capacity, faculty, and virtue. If we suffer …

Long Term US Interest Rates Hit Two Year High

“Long-term interest rates are on the climb again in the United States. Below is a chart showing the interest rate of the 10-year Treasury note since June, 2011. The rate hit a 2-year high today. This despite Fed bond purchases. In the EPJ Daily Alert, I have forecast that this is the start of a multi-year climb in rates. Despite absurd comments by members of the Fed that price inflation is below target, the MIT billion prices index shows price inflation is above target at around 2.5%. Buckle your seat belt.” Continue reading →

The New York Times Company Sells the Boston Globe at a 96% Loss

“The New York Times Company bought the Boston Globe in 1993 for $1.1 billion. It just sold it for $70 million. But we must factor in price inflation. At 1993′s prices, the Times Company paid the equivalent of $1.75 billion today. So, the company lost a staggering 96%. This shows where print newspapers are headed: down. This also shows where the New York Times is headed: down. American liberalism has bet the farm on three institutions: newspapers, network television, and the education system. All three are under assault by the Internet. The profits are shrinking for newspapers and network television.” Continue reading →

Swiss solar aircraft returns from cross-US flight

“Crowds of spectators welcomed the solar-powered aircraft Solar Impulse on Monday as it returned to Switzerland onboard a jumbo jet following its successful trans-American flight. A Boeing 747 jumbo carrying the prototype aircraft of aviation pioneer Bertrand Piccard landed at Dübendorf airfield in the canton of Zurich just after 7am, the Tages-Anzeiger newspaper reported. Pilots Piccard and André Borschberg completed the historic flight from San Francisco in early July. The world’s first solar aircraft able to fly both day and night powered solely by the sun flew 5,650 kilometres across the United States.” Continue reading →