Alternative News

California, New York and DC look to ban 3D-printed guns

"A handgun made almost entirely using a consumer-grade 3D printer fired a bullet over the weekend for the first time in the history of the infant technology. If some lawmakers have their way, it will also be the last. Defense Distributed of Texas announced on Sunday that researchers fired a bullet designed for a traditional .380-caliber firearm with a gun built all but exclusively using digital blueprints, some plastic and an $8,000 printer. The only item aside from the bullet not printed out was a single nail that served as the firing pin. As early s Tuesday, though, California State Senator Leland Yee was already looking to pass a bill that would outlaw other 3D weapons." Continue reading →

Continue ReadingCalifornia, New York and DC look to ban 3D-printed guns

Ron Paul On The Bubbles the Federal Reserve Is Creating

"Although many were up in arms when the Fed said it would buy $600 billion in government debt outright for the previous round, QE2, all seems quiet about the magnitude of QE3 because it doesn’t come with huge up-front total price tag. But by year’s end the Fed’s balance sheet could hit $4 trillion. With no recovery in sight, where’s all this money going? It is creating bubbles. Bubbles in the housing sector, the stock market, and government debt. The stock market has been hitting record highs for the past two months as investors seek to capitalize on the Fed’s easy money. As long as the Fed keeps the spigot open, nominal profits are there for the taking." Continue reading →

Continue ReadingRon Paul On The Bubbles the Federal Reserve Is Creating

Senate bill would offer college students the same interest rates as banks

"Sen. Elizabeth Warren (D-MA) introduced a bill on Wednesday that would give college students the same interest rates on their federal student loans as banks do when borrowing from the Federal Reserve. 'If the Federal Reserve can float trillions of dollars to large financial institutions at low interest rates to grow the economy, surely they can float the Department of Education the money to fund our students, keep us competitive, and grow our middle class,' Warren said. The Student Loan Fairness Act would call for the Fed to 'float the money' to the department for one year, giving Congress enough time to enact a long-term agreement on student loan rates." Continue reading →

Continue ReadingSenate bill would offer college students the same interest rates as banks

Obama may back FBI proposal for expansive Internet wiretapping powers

"The United States may soon require Internet companies to build in the capacity to let federal investigators wiretap their users, according to The New York Times. The Obama administration is weighing a proposal that would fine companies that do not comply with wiretap orders. An earlier proposal by the Federal Bureau of Investigation (FBI) would have required all companies to build in this capacity from the outset — a costly mandate that critics worried would stifle tech innovation and small businesses. Attorney Albert Gidari Jr., who specializes in representing technology companies, told the Times: 'We’ll look at lot more like China than America after this.'" Continue reading →

Continue ReadingObama may back FBI proposal for expansive Internet wiretapping powers

The Obamacare Nightmare Will Officially Start October 1

"What's really going on here is a program that attempts to suck in the youth to pay for the healthcare of the elderly. It's insane. On top of that, the first year penalty for not buying insurance is small ($95), so most young will opt out, meaning the revenue to support the structure will have to come from massive premium hikes paid by those older who opt to stay in the system. There is no other way out if Obamacare goes into effect. Well, there is one way out. According to Emanuel: 'The president connects with young people, too, so he needs to use that bond and get out there to convince them to sign up for health insurance to help this central part of his legacy.'" Continue reading →

Continue ReadingThe Obamacare Nightmare Will Officially Start October 1

Obamacare Putting Millions Of Part-Time Workers At Risk Of Seeing Cut Hours

"Ken Jacobs, chair of the labor center at UC Berkeley, told the Huffington Post that employers are not likely to force all full-time employees into part-time work due to factors that include additional administrative costs and productivity decreases. Instead, those at highest risk are workers in predominately low-wage industries that are right on the cusp of what is considered full-time work under the law. The industries with the highest concentration of Jacobs’ at-risk workers are restaurants, accommodation and building services. The 3.6 million workers who report that their 'work hours vary' could have their hours jeopardized as well, according to the study." Continue reading →

Continue ReadingObamacare Putting Millions Of Part-Time Workers At Risk Of Seeing Cut Hours

The Internet Sales Tax: Taxation Without Representation

"Why should a taxation principle which is obviously preposterous when applied to tax jurisdictions around the world be regarded as tax fairness when applied inside the jurisdictional limits of the United States government? We are talking about invisible lines that separate tax jurisdictions. If the sales tax principle is legitimately applicable between states inside the United States, then the principle ought to be equally applicable between states inside the United States and states outside the United States. If the principle is preposterous when we cross national borders,then it should be equally preposterous when we cross state jurisdictions inside the United States." Continue reading →

Continue ReadingThe Internet Sales Tax: Taxation Without Representation

Internet Sales Tax Passes the Senate, 69 to 27

"Republicans in the U.S. Senate caved in. They voted to force businesses located in one state to serve as unpaid tax collectors for 45 other states. (Five states have no sales tax.) The RINO Party Line is that this is not a tax increase. It is a huge tax increase. Voters will pay it. Businesses will pay it. The nightmare of complying will kill tens of thousands of online businesses. This is a subsidy to Walmart, which pays sales taxes because it is physically located in all states. Amazon has also joined in — same reason. It has delivery centers in several states, and it plans to add lots more. These companies want small businesses to pay. They do not want competition." Continue reading →

Continue ReadingInternet Sales Tax Passes the Senate, 69 to 27

CIA requested ‘Zero Dark Thirty’ rewrites, memo reveals

"A newly declassified CIA document suggests members of the US agency did help to shape the narrative of Zero Dark Thirty, Kathryn Bigelow’s recent film about the hunt for Osama bin Laden. It has now emerged that the CIA did successfully pressure Boal to remove certain scenes from the Zero Dark Thirty script, some of which might have cast the agency in a negative light. Details emerged in a memo released under a US Freedom of Information Act request. It summarises five conference calls held in late 2011 for staff in the agency’s Office of Public Affairs 'to help promote an appropriate portrayal of the agency and the Bin Laden operation'." Continue reading →

Continue ReadingCIA requested ‘Zero Dark Thirty’ rewrites, memo reveals

Senator Rand Paul Introduces Bill to Repeal FATCA

"In a major game-changer, Senator Rand Paul (Republican of Kentucky) today introduced a bill to repeal mandates of the 'Foreign Account Tax Compliance Act' (FATCA) on financial institutions and individual American citizens as a 'violation of sovereign nations’ laws and privacy matters.' In a letter to his Senate colleagues, Dr. Paul pulled no punches about the destructive effects of the FATCA law and the unsupportable claims that FATCA is a legitimate tool to combat tax evasion." Continue reading →

Continue ReadingSenator Rand Paul Introduces Bill to Repeal FATCA