Judge Upholds Suit Against Feds Who Arrested Former Marine For Facebook Posts

"On August 16, 2012, Raub was visited by local police, FBI agents and Secret Service personnel who questioned him about his Facebook posts. Raub was cooperative and discussed his activity with the officers, despite their not having a warrant. At some point, one of the agents made a call to Michael Campbell, a psychotherapist retained by the county who decided, despite having never met or observed Raub, that the former Marine was 'potentially dangerous' and should be detained. At that point, the collected officers cuffed Raub and took him to the local jail before having him committed to the mental hospital." Continue reading

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Police chief defends ‘libtards’ rant: ‘Cops are there to clean up the mess’

"Embattled Gilberton, Pennsylvania police Chief Mark Kessler is currently serving a 30-day suspension for using local property without permission in a series of videos in which he fires weapons while loudly cursing 'libtards.' He has since referred to Democrats as 'the most vile creatures in this country' and accused Gilberton City Council members of planning a 'kangaroo court' against him. 'I don’t regret it,' Kessler said to WTXF regarding the videos. 'I believe I have had an impact on a lot of people across the country. You would not believe the tens of thousands of emails. My phone doesn’t stop.'" Continue reading

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Man Released After Spending 9 Years In Jail For Possessing “Al Qaeda Literature”

"Omar Altimimi has been released from prison after 9 long years. His crime? Simply possessing digital literature relating to Al Qaeda and unfortunately being Muslim at the same time. Altimimi a Dutch national – who resided in Bolton – was alleged to have had a 'vast' terror library, but actually possessed just 'six computer files connected with the preparation or instigation of an act of terrorism under the Terrorism Act 2000.' The infamous 'Al Qaeda training manual' that has resulted in other men being locked up for its possession, was actually written by an informant for the CIA. So is that Al Qaeda material, or American Government material?" Continue reading

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Internal Bundesbank Report Predicts New Greek Bailout In Early 2014, Contra Merkel

"An internal Bundesbank document discovered by Der Spiegel states, in opposition to the comments by Germany's electioneering Chancellor Merkel, that Europe 'will certainly agree to a new aid program for Greece' by early 2014 at the latest. As Reuters reports, Frau Merkel has repeatedly played down suggestions Greece will require more aid (or debt relief) in light of German voters major skepticism over moar of their money being flushed into the Mediterranean. The document notes that the risks of the current aid package for Greece are 'extremely high' and that recent approval of the tranche payments were politically motivated." Continue reading

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Bitcoin Goes to Washington

"The Committee understands that Bitcoins and other forms of peer-to-peer digital currency are a potential means for criminal, terrorist or other illegal organizations and individuals to illegally launder and transfer money. News reports indicate that Bitcoins may have been used to help finance the flight and activity of fugitives. The Committee directs the FBI to provide a briefing on the nature and scale of the risk posed by such ersatz currency, both in financing illegal enterprises and in undermining financial institutions. The briefing should describe the FBI efforts in the context of a coordinated Federal response to this challenge." Continue reading

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The Taper Trap

"The big question these days is this: 'When will the Federal Reserve System start to taper off its purchases of U.S.Treasury debt and Fannie/Freddie debt?' The commonly held view is next month. A Reuter’s reporter went up to David Kotok’s annual gathering at Leen Lodge in Maine. He brings in 50 or so big names in the investment world. They can chat with each other. There are formal presentations. She asked several of them when the FED will taper. The answer was unified: not soon. Pippa Malmgren said it best: if the FED moves from buying 75% of the Treasuries issued this year to selling them, the market will react violently." Continue reading

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Lamassu: Bitcoin ATM Machine

"This is the Bitcoin Machine. Here's how it works: 1. Scan your Bitcoin QR code. 2. Insert cash. 3. You have bitcoins! Buy yourself something pretty. [..] Do I require a license or permit to operate the Bitcoin Machine? Some jurisdictions may have regulatory requirements (such as KYC/AML). We would advise to consult with an attorney prior to operating these machines. If you are located in the US, we require a signed due diligence questionnaire prior to shipping." Continue reading

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Crypto-currency for NSA leaker: Snowden fund accepts Bitcoin

"US fugitive Edward Snowden’s defense fund, launched recently by WikiLeaks to raise money for the legal protection of the NSA leaker, has announced it now accepts donations in virtual currency Bitcoin. The Journalistic Source Protection Defence Fund (JSPD) was set up on August 9 with the goal to provide legal as well as campaign aid to journalistic sources. Snowden, who is behind the biggest intelligence leak in the history of the US National Security Agency (NSA), has been selected the first such source." Continue reading

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Why Are So Many People Choosing To Leave The United States Permanently?

"Traditionally, the American people have been some of the most patriotic people on the face of the planet. So why are we now seeing such an increase in the number of people choosing to leave the United States permanently? Well, the truth is that there are a whole host of reasons why people are losing faith in this country and are deciding to leave..." Continue reading

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A Recovery Where You’d Least Expect It

"It was three years ago that Peter first made the case for Dubai. The economy then was 'in tatters and investors’ dreams in shreds. Remember the cartoons of heavily indebted Arabs begging for money? It was not so far from the truth. Dubai real estate had fallen 60% from the peak, and the stock market was a disaster area.' Those are, of course, the times to pay attention. It was during such time that Peter advised building positions in Dubai stocks for the inevitable recovery. This year, patience paid off. Dubai’s stock market is up 63% for the year. But it is still 75% off its high and a compelling bargain on the numbers." Continue reading

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