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NPR: Lawmakers, Banking Regulators Take On Bitcoin

"CORNISH: How significant is New York's move to launch an investigation, to issue these subpoenas? BRITO: So it's interesting, people hear the word subpoena and they think something bad, right? But all the word subpoena means is that it is a request for information, right? And you're compelled to, you know, produce, you know, you're asked questions and you have to answer them. And I think that's very good. [..] So when I see New York issuing these subpoenas, being very transparent about the fact that they're going to be looking at this and asking for input, you know, I think that's very good." Continue reading →

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U.S. Sentencing Commission expected to recommend lower sentences for drug dealing

"Prison terms for all federal drug dealing offences could be cut under a sweeping sentencing review expected to be announced on Thursday that may go much further than the tentative steps toward ending America’s 'war on drugs', begun this week by attorney general Eric Holder. The US Sentencing Commission, the independent government agency responsible for setting guidelines for judges, will meet in Washington to consider amending the 'drug quantity table' – the grid that determines prison lengths for dozens of different categories of offence. The impetus for the new push to cut sentences appears to have been driven primarily by a need to cut soaring government costs." Continue reading →

Continue ReadingU.S. Sentencing Commission expected to recommend lower sentences for drug dealing

Foodies Fight to Save Detroit With Job Hopes Pinned on Arugula

"For Greg Willerer, Detroit’s new urban frontier is a lot like the Wild West: 'For all intents and purposes, there is no government here,' said Willerer, 43, checking the greens and other crops he is growing on an acre off Rosa Parks Boulevard, across from an abandoned house with broken windows. 'If something were to happen we have to handle that ourselves.' In New York, the city has invested $600,000 in expanding Brooklyn Grange, a rooftop farming business that’s planning to open a business incubator. Seattle is breaking ground on a 'food forest,' planting seven acres of fresh produce open to the public." Continue reading →

Continue ReadingFoodies Fight to Save Detroit With Job Hopes Pinned on Arugula

Afghani Hornets Get Pissed After Soldiers Blow Up Their Home

"This video was captured a few years back, but the metaphor remains as stingingly apt as ever. According to the original uploader, a boulder blocking a military route in Afghanistan had to be removed, so an Explosive Ordnance Disposal unit was called in to blow it up. In the process of eliminating the fallen rock, a large hornets nest tucked underneath was also decimated, causing its inhabitants to go berserk and attack the military equipment. It's unclear what happened next, but something tells me it didn't end well." Continue reading →

Continue ReadingAfghani Hornets Get Pissed After Soldiers Blow Up Their Home

Attorney for Whistleblower: 400 U.S. Missiles Stolen in Benghazi

"On August 12, Joe DiGenova, attorney for one of the Benghazi whistleblowers, told Washington D.C.'s WMAL that one of the reasons people have remained tight-lipped about Benghazi is because 400 U.S. missiles were 'diverted to Libya' and ended up being stolen and falling into 'the hands of some very ugly people.' DiGenova represents Benghazi whistleblower Mark Thompson. He told WMAL that he 'does not know whether [the missiles] were at the annex, but it is clear the annex was somehow involved in the distribution of those missiles.'" Continue reading →

Continue ReadingAttorney for Whistleblower: 400 U.S. Missiles Stolen in Benghazi

White House insists NSA surveillance review will be independent

"The White House has moved to dampen controversy over the role of the director of national intelligence James Clapper in a panel reviewing NSA surveillance, insisting that he would neither lead it nor choose the members. Statements by Barack Obama and Clapper were widely interpreted as the director of national intelligence being placed in charge of the inquiry, which the president had announced on Friday would be 'independent'. The apparent involvement of Clapper, who has admitted lying to Congress over NSA surveillance of US citizens, provoked a backlash, with critics accusing the president of putting a fox in charge of the hen house." Continue reading →

Continue ReadingWhite House insists NSA surveillance review will be independent

The Bitcoin crackdown

"Bitcoin is a virtual currency getting a lot of attention by the real world. Coinsetter is a company dedicated to making Bitcoin safe to use. Jaron Lukasiewicz, Coinsetter CEO, shares what the industry has to say. And Benjamin Lawsky, superintendent of NY Department of Financial Services, shares the regulators' side of the story." Continue reading →

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Hawaiian cannabis minister allowed to use religious defense

"The 64-year-old Christie has been in the Honolulu Federal Detention Center since he and 13 other Big Island residents, including Share Christie, were arrested by federal agents on July 8, 2010. All were charged with conspiracy to manufacture, distribute and possess with intent to distribute 284 marijuana plants, which carries a mandatory minimum prison term of five years and a maximum of 40 years if they’re convicted. The others were granted bail, but U.S. Magistrate Kevin Chang ordered Christie held without bail, calling him 'a danger to the community.'" Continue reading →

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Bitcoin Architect: Everything You Need To Know About Bitcoin

"Much has been written over the past year about the new digital currency Bitcoin -- especially after its price skyrocketed 15x in just a few months, followed by a blow-off correction of over 50%. But what exactly is it? How does it work? How secure is it? What are its advantages (and disadvantages) to sovereign fiat currencies? To precious metals? In this week's podcast, Chris talks with Gavin Andresen, chief scientist of the Bitcoin Foundation and lead developer for its digital currency project." Continue reading →

Continue ReadingBitcoin Architect: Everything You Need To Know About Bitcoin