CLibertyC

Hawks Take Flight: Why the Fed’s Hypocritical Dialectic Continues

"The Fed's monetary expansion ended in 1929. The 1950s equity rise ended with a bust in the early 1960s. The Nifty Fifty fad ended with the Crash of 1969. The market recovery of the 1970s ended in 1982. The next crash was in 1987. In 1994, an expansion gave way to a recession. A great tech expansion turned sour in 2001. A housing bubble deflated violently in 2008, not just in the US but around the world. And that is where we are now. This expansion has been driven relentlessly upward for some five-plus years. Another year or two and this latest 'Wall Street Party' will be finished. We anticipate a downturn that will be as violent or even more so than 2008." Continue reading →

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Barclays fined $44 million over gold price fixing

"A U.K. financial regulator has fined Barclays (BCS) $43.8 million after it accused a former trader at the bank of improperly influencing gold prices. The British bank will be fined £26 million ($43.8 million) for failures that allowed trader Daniel James Plunkett to exploit the weaknesses in Barclays' systems and controls to seek to influence the price of gold, which allowed the firm to 'profit at a customer's expense,' according to a news release. The fine was handed down by the Financial Conduct Authority. Separately, Plunkett was fined £95,600, or about $161,000." Continue reading →

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NSA Empowered by USA Freedom Act

The USA Freedom Act was lauded as a great first step in trying to stop the abuses of the NSA. However, to even pass out of committee many changes altered the initial text of the bill. These changes didn’t improve privacy. And, unfortunately that’s just half of it. The amended bill which passed the House…

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Welfare rolling down hill, America on Welfare, Mexico on Welfare.

The Corporation of the United States a corporation existing on welfare from foreign countries , is funding the Welfare of the state of Mexico. Mexico is angry… Wow! And make certain you read, at the bottom of this page, the part that says it will take 30 more seconds to read! The shoe is on […]

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UN resolution goes down in flames, Senate finally got something right!

In 2014 and 2016 , lets get rid of the 46 below!!!!! They all violated their oath of office, in fact they committed treason!!!!! The next administration must arrest them and jail them. Oh and lets not leave out the current administration,.. I guess the question is , do we have extradition agreements with Kenya? […]

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Amicus Brief in Tuaua v. United States

Last week I joined a group of distinguished scholars on this amicus brief filed in support of plaintiffs/appellants in Tuaua v. United States, the Samoan citizenship case now at the D.C. Circuit.  As I’ve discussed before, the issue is whether the Constitution allows the United States to treat inhabitants of American Samoa (a U.S. territory) as something less than American citizens…

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Rare Truth from NSA: Agency is a Habitual Privacy Violator

Whenever the NSA slips up and actually tells the truth, it becomes obvious why they are so deceptive: the truth reveals them to be frighteningly cold, callous and malicious. A rare occurrence of NSA truth-telling revealed the lethal implications of their metadata gathering program. According to an article by civil liberties advocate David Cole in…

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FinCEN: Cloud Mining, Escrow Services Aren’t Money Transmitters

"The US Financial Crimes Enforcement Network (FinCEN) has issued new rulings indicating that digital currency-related cloud mining and escrow services should not be considered money transmitters. The two releases came via what appear to be responses to requests from businesses seeking to better understand FinCEN’s policies. FinCEN, the bureau of the US treasury that collects and analyzes financial transactions, has previously released influential decisions regarding how consumer bitcoin miners and bitcoin investors should be regulated under money transmission laws." Continue reading →

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Federal Reserve’s Bitcoin Policy Begins to Take Shape

"On Friday, May 9th, 2014, the Federal Advisory Council and Board of Governors of the Federal Reserve met for their quarterly meeting in Washington D.C. This meeting was historically held in secrecy until Bloomberg News 'won' a Freedom of Information Act request requiring the Fed to make the meetings minutes available to the public. The Fed is pro Bitcoin regulation: 'Regulation is advisable; considerations include protecting consumers, addressing illicit use, and avoiding Balkanization.' In this regards they recommend, 'Regulatory oversight to ensure that exchanges invest in appropriate cyber and other security measures. This includes fully secure storage of Bitcoin wallets.'" Continue reading →

Continue ReadingFederal Reserve’s Bitcoin Policy Begins to Take Shape

Federal Reserve’s Bitcoin Policy Begins to Take Shape

"On Friday, May 9th, 2014, the Federal Advisory Council and Board of Governors of the Federal Reserve met for their quarterly meeting in Washington D.C. This meeting was historically held in secrecy until Bloomberg News 'won' a Freedom of Information Act request requiring the Fed to make the meetings minutes available to the public. The Fed is pro Bitcoin regulation: 'Regulation is advisable; considerations include protecting consumers, addressing illicit use, and avoiding Balkanization.' In this regards they recommend, 'Regulatory oversight to ensure that exchanges invest in appropriate cyber and other security measures. This includes fully secure storage of Bitcoin wallets.'" Continue reading →

Continue ReadingFederal Reserve’s Bitcoin Policy Begins to Take Shape