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Encryption and Privacy: Goodbye Copyright Laws

“Kim Dotcom really is his name these days. He had it legally changed. The federal government shut down his enormously profitable file-sharing business in 2011. It won’t shut down his latest version of file-sharing. His new company, Mega, offers 100% encryption. His company can’t crack it. The U.S. government can’t crack it — not at a price it can afford, anyway. So people can post movies, songs, or anything else on his site. You get 50 megabytes of free storage to start out. His lawyers can now say this: ‘Our company will cooperate with the governments of the world. But, sorry, we have no idea what people are putting into their accounts.'” Continue reading →

Nebraska Medicaid Expansion: LB577 in Limbo

Just how much of the health care law will be implemented in Nebraska now depends in large measure on what the events in the Unicameral Tuesday and Wednesday actually mean. State Legislators spent the majority of their time in their first two days back in session following a four day […]

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Supreme Court rules foreign citizens can’t sue in U.S. for rights violations

“The Supreme Court unanimously upheld a federal appeals court’s decision on Wednesday barring foreign citizens from suing corporations in American courts for human rights violations committed abroad. The Los Angeles Times reported that the 9-0 decision limits the scope of the Alien Tort Statute (ATS) of 1789 in rejecting a lawsuit brought against Royal Dutch Petroleum by a group of Nigerian citizens accusing the company of helping their country’s government in a series of human rights violations — including, murder, rape and torture — during the 1990s.” Continue reading →

Eric Margolis: Tensions on the Korean Peninsula

“As the rhetoric between Pyongyang and Seoul escalates, The Agenda looks at whether or not tensions on the Korean peninsula could spill into war. Syndicated columnist Eric Margolis joins Steve Paikin for his perspective.” Continue reading →

Marijuana Stocks Are Extremely Dangerous Investments

“At this stage I do not believe there is a single reputable marijuana stock on the market. Having previously investigated several marijuana stocks, and having observed the price action and news of the major marijuana stocks over the past few months, I believe that the only people set to make a lot of money from these stocks are the company insiders and smart day-traders. Why Do Investors In Marijuana Stocks Face Enormous Risk? Because the fundamentals of the primary marijuana stocks being traded are horrible, they have extremely limited histories, and there are numerous skeletons in the closet.” Continue reading →

Jim Rogers shares insights on his book Street Smarts

“Jim Rogers of Rogers International Commodities Index (RICI) joins Open Currency Update with Kurt Wallace. While logging miles on his exercise bike, Jim discusses his ground up approach to investing and why he recommends investors learn philosophy and history. He also shares about a changing global environment toward Asia and why he sees New York City as a third world city. Rogers talks about his chapter ‘Creative Destruction’ and he explains the importance of how a robust immigration system directly effects the state of a society’s economy.” Continue reading →

Bitcoins gain traction in Argentina

“Enter the bitcoin? The virtual currency is emerging as the latest inflation refuge – and Bloomberg reports that TradeHill, a US-based bitcoin exchange, is now planning to open an office in Argentina where demand is fastest in the region. Bitcoins are absolutely not words on everybody’s lips here and many people have no clue about how to use them. But a quick squint at the website of MercadoLibre – a kind of ebay – reveals that you can buy plenty of things, from motorbikes to apartments to an anti-slip spray for bathtubs, and pay with bitcoins. Argentina’s two centuries’ history of currency turbulence, has wired a need for financial smarts into the national DNA.” Continue reading →

Bill Bonner: Is this a major change of direction for gold?

“Everyone believes the gold market has reversed direction. The bull market of the last 14 years has finally ended. It’s all downhill from here, they say. But if that is true, what else will have to be true? The last bull market in gold ended when the Fed changed course. Arthur Burns was replaced by Paul Volcker. A loose money policy became a tight money policy. By the end of the bear market in gold there was hardly a single gold bug who was still sober or still solvent. But what’s the Fed doing now? Has it reversed course? Has Ben ‘Bubbles’ Bernanke been replaced with a tough-as-nails inflation fighter? Has the FOMC vowed to stop printing money?” Continue reading →