The Secret Billion Dollar Tax You’ve Never Heard About

"Unclaimed property is one of the fastest growing sources for state revenue, and many believe that most unclaimed property is not reported. The lucrative silence surrounding unclaimed property has shifted from business entities, prior to the enactment of unclaimed property laws, to the current lucrative silence that allows unclaimed property to become a vital source of revenue for state governments."

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There’s a New Nation in Space — and You Can Apply for Citizenship Right Now

"The creators lauded the launch as establishing the first nation to have all of its territory in space, though no countries have acknowledged its statehood. For now, the primary benefit of 'citizenship' is being able to store data on Asgardia-1 while it’s in orbit. Only those who support the constitution will have the right to upload data to the satellite. Asgardia will have taxes, though only businesses will be forced to contribute. Individual taxes will apparently be voluntary. The website explains that 'people can decide what amount of tax they would like to pay.' The country will also have passports, IDs, a national bank, business regulations, and a cryptocurrency called SOLAR."

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How Bitcoin Is Saving Lives in Venezuela

"Many people in Zimbabwe don’t have bank accounts. But a growing number own smartphones. And that’s all you need to buy bitcoin. But this isn’t just happening in Zimbabwe. The people of Venezuela are becoming increasingly desperate. And many are buying bitcoin to survive. That’s because bitcoin doesn’t lose value by the day like the bolivar, Venezuela’s currency. Instead, it becomes more valuable."

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James Corbett: The Saudi Purge is a Global Crisis

"The House of Saud is in crisis as MBS consolidates his hold on the kingdom and prepares to transform Saudi Arabia in his image. But what is behind the purge, and how does it relate to the future of the world monetary system. Join James for a classic Corbett Report debriefing on the Saudi purge and the rise of the petroyuan."

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Pre-Internet Laws Are Jeopardizing Today’s Electronic Privacy

"Under the 1986 law, email that has been stored for 180 or more days is considered to be ‘abandoned’ and can be perused by federal authorities sans a warrant. But in an era of cloud computing and services like Dropbox, most Americans certainly would beg to differ that any emails stored online had been abandoned."

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Cop Arrested for Tampering With Breathalyzers In 20,000 DWI Cases

"The state police have insisted the part of the calibration process that Dennis skipped is 'legally required but not scientifically necessary.' However, legal experts have voiced concerns about how important every part of the calibration process is, saying that these measures are 'legally required' for good reason. Just a small percentage point on a breathalyzer could mean the difference between freedom and imprisonment."

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Why Didn’t “60 Minutes” Mention The U.S. Is Fueling the Yemen Conflict?

"The program featured imagery of starving children and interviews with displaced people, all obtained after Saudi Arabia blocked '60 Minutes' from entering the country. The program did not once mention that Saudi Arabia is a U.S. ally, and that U.S. support is essential for the Saudi campaign to continue. For two-and-a-half years, the U.S. government has backed Saudi Arabia’s intervention in Yemen every step of the way. The United States has dispatched warships to reinforce the blockade. It has refueled Saudi planes, sent the Saudi military targeting intelligence, and resupplied them with tens of billions of dollars worth of bombs."

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First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000

"Called a Long-Term Equity Anticipation Security (LEAPS), the trade was matched by the platform this morning and is set to expire on December 28, 2018. Such long term futures options have long been seen in the industry as a much needed sign of maturity, and could in part help pave the way for even more institutional money to enter the space."

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China’s Record Yield Curve Inversion “Spells Disaster”

"The Chinese yield curve has now been inverted for 10 straight days - the longest period of inversion ever. Qin Han, chief fixed-income analyst at Guotai Junan Securities Co., doesn’t mince his words when it comes to the rout in Chinese bonds. 'Considering the pace of the slump, which is very fast, it’s fair to say we are likely in a bond disaster...'"

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