New Bill Would Outlaw Warrantless Border Phone Searches Of U.S. Citizens

"Four privacy-minded lawmakers have introduced legislation requiring law enforcement officials to obtain a warrant before searching phones belonging to US citizens, and prohibiting them from barring entry to Americans who decline to share their passwords at the border. 'Americans’ Constitutional rights shouldn’t disappear at the border,' Senator Ron Wyden said in statement to BuzzFeed News." Continue reading

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IRS Targets Cancer Survivor for Donations that Saved Her Life

"While the cancer is in remission, Charf is still struggling with the deadly disease – and is now being pursued by an equally deadly and persistent stalker, the Internal Revenue Service. A few weeks ago, the IRS sent Charf – who is now a mother – a notice claiming that the donations that had paid for her treatment were considered income, and demanding more than $15,000 in back taxes and more than $3,500 in penalties." Continue reading

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30 Years After Saddam Hussein, Now U.S. Bombs Kurds To Smithereens

The Pentagon has admitted to an airstrike that is believed to have killed more than 200 civilians in the northern Iraqi city of Mosul, at the edge of the autonomous Kurdistan region. In the 1980s, Kurdistan was targeted by Saddam … Continue reading

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American Citizens: U.S. Border Agents Can Search Your Cellphone

"Data provided by the Department of Homeland Security shows that searches of cellphones by border agents has exploded, growing fivefold in just one year, from fewer than 5,000 in 2015 to nearly 25,000 in 2016. According to DHS officials, 2017 will be a blockbuster year. Five-thousand devices were searched in February alone, more than in all of 2015. 'That's shocking,' said Mary Ellen Callahan, former chief privacy officer at the Department of Homeland Security. She wrote the rules and restrictions on how CBP should conduct electronic searches back in 2009. 'That [increase] was clearly a conscious strategy, that's not happenstance.'" Continue reading

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Jacob Hornberger: Why Are Americans Searched at the Border?

"In an era in which federal officials are now requiring Americans who are returning from foreign travel to turn over their cell phones for searches and forcing them to disclose their passwords, it’s time for Americans to start asking some fundamental questions regarding the nature of liberty, the purpose of the Constitution and the Bill of Rights, and the proper role of government in a free society and to abandon the passivity, submissiveness, and deference to authority that have come to characterize their lives." Continue reading

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India’s Cash Ban Leaves At Least 47 Dead, So Far

"Eight days into demonetisation, the death toll has reached 47. These are confirmed deaths reported in the national media. The number of unreported deaths may be higher. While most deaths are of the elderly waiting in long bank queues, there are quite a few suicides, especially of housewives." Continue reading

Continue ReadingIndia’s Cash Ban Leaves At Least 47 Dead, So Far

European Central Bank sued by 200 investors over Greek debt deal

"In a case which could pave the way for a raft of legal action from the private sector, a group of Italian retail investors are claiming damages in excess of €12m from the ECB for an alleged violation of its 'equal' creditor status during the biggest private sector debt restructuring in history in 2012. During the episode, the ECB was able to 'swap' its holdings of Greek government debt for protected bonds with no repayment date. The move ensured the ECB did not suffer losses from the deal to stave off a Greek bankruptcy in March 2012. Private sector creditors, however, were forced into accepting a 53.5pc 'haircut' on their holdings." Continue reading

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Households lost from quantitative easing; gov’ts, big business won [2013]

"The big winners, to the tune of $1.6 trillion by the end of 2012, were the governments of the US, the UK and eurozone, from the reduced costs of servicing their debts and from the increased profits made by the their respective central banks (who magically create money to buy government debts which pay them interest). McKinsey believes that households have been significant losers from cheap money. How much have they lost? Well McKinsey says that from 2007 to 2012, the cumulative net loss of interest income for American households was $360bn, compared with a cumulative net loss of $160bn for eurozone citizens and $110bn (£70bn) for British people." Continue reading

Continue ReadingHouseholds lost from quantitative easing; gov’ts, big business won [2013]

Drone Pilots Expose Civilian Murder, U.S. Freezes Their Financial Accounts

"The U.S. Government failed to deter them through threats of criminal prosecution, and clumsy attempts to intimidate their families. Now four former Air Force drone operators-turned-whistleblowers have had their credit cards and bank accounts frozen, according to human rights attorney Jesselyn Radack. Michael Haas, Brandon Bryant, Cian Westmoreland and Stephen Lewis, who served as drone operators in the US Air Force, have gone public with detailed accounts of the widespread corruption and institutionalized indifference to civilian casualties that characterize the program." Continue reading

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Bill Bonner: Is Ms Yellen making history?

"See how easy investment analysis is. Even a Fed chairman can do it. 'Get out of social media and biotech,' she practically urged investors. 'Buy blue chips and the broad market.' In this, Ms. Yellen is not just making headlines; she's making history. As far as we know, no other Fed chairman has ever offered sector analysis. We'd like to see her portfolio. Here is a woman who not only observes markets; she moves them. In the event, investors sold the sectors she warned against, and bought the broad market...sending the Dow back to record territory. What a fortune you could make if you knew what she'd say next! And what a dope you'd be if you believed her." Continue reading

Continue ReadingBill Bonner: Is Ms Yellen making history?