Bitcoin a Refuge For Argentines Tired of Government’s Currency Despotism

"Bitcoin's popularity in the U.S. is gradually rising as it branches out from tech-savvy and libertarian circles into the mainstream financial world. But who may benefit most from the technology are residents in countries like Argentina, where independent observers estimate inflation at 25 percent and the government imposes strict capital controls. The price of Bitcoins in Buenos Aires are about 30 to 40 percent higher than those in neighboring Uruguay, and last week, a Bitcoin Meetup brought 150 Argentines to the nation's capital to discuss the advance of the technology in the country." Continue reading

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Is This the Future of Bitcoin?

"When it comes to Bitcoin, the fast-growing 'digital currency,' there are good ideas, bad ideas and pie-in-the-sky ideas galore. All of these were on display Thursday night when more than 300 Bitcoin investors and entrepreneurs gathered at Microsoft’s (MSFT) sleek, marble-lined offices in New York City to show off their Bitcoin-based business ideas, munch on free pizza, and ruminate on the future of virtual currency in the company of other enthusiasts. Bitcoin has inspired a range of potential businesses, from physical Bitcoin ATMs to trading platforms, to services that pay videogamers in Bitcoins." Continue reading

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$20 Million Claim Against Dept. Of Corrections By Man Shot In Bed 16 Times

"Thirty-year-old Dustin Theoharis is in Harborview Medical Center in Seattle, recovering from his twelfth surgery - this one to reconstruct his jaw. It’s unlikely he will ever fully recover from the barrage of bullets fired by police on Feb. 11, 2011. His attorney, Erik Heipt said that Theoharis suffered 'a broken shoulder, 2 broken arms, broken legs, he had a compression fracture to his spine, damage to his liver and spleen.' Theoharis wasn’t the guy police were after. The King County Sheriff’s deputy and Washington Department of Corrections officer who shot him were at the house to arrest a man who’d violated his parole." Continue reading

Continue Reading$20 Million Claim Against Dept. Of Corrections By Man Shot In Bed 16 Times

Rand Paul Introduces Bill To End Foreign Aid To Egypt

"On Thursday Sen. Rand Paul introduced legislation to prohibit the United States from sending foreign assistance to the government of Egypt, as a result of the country’s military coup d’état on July 3, 2013. This week, it was reported that the Obama Administration was moving forward with plans to deliver four F-16 fighter jets to Egypt despite the political unrest in the country. Earlier this year, the Senate voted against an amendment introduced by Sen. Paul that would have prohibited the U.S. government from selling F-16 military aircraft, M1 tanks, and similar military weapons to the Egyptian government." Continue reading

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Ron Paul Interview with Charles Goyette

"It would be impossible to find someone in Washington who knows more about monetary and fiscal policy, the Federal Reserve, free markets, Austrian economics, and gold and silver than former congressman and presidential candidate Ron Paul. From warning about the consequences of Nixon’s abandonment of the dollar’s ties to gold, to alerting the country to the calamity that would be the Iraq war, to his statement in Congress describing with shocking precision in advance just how the housing bubble would inflate and burst, Dr. Paul has demonstrated that his views must be taken very seriously, indeed." Continue reading

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Could the Government Force You to Tell Your Deepest Darkest Secrets?

"It can… at least when it wants to ensure you’re paying your taxes. And while the 5th Amendment still stands in principle, the Feds have found a loophole that can force you to incriminate yourself… so long as it’s written down. And because of this technicality, in 1984, the Supreme Court decided: 'The Fifth Amendment provides absolutely no protection for the contents of private papers of any kind.' And believe it or not, it gets worse. Any of your personal records held by a third party (like a bank) aren’t protected either. Prosecutors can issue very broad summonses forcing these 3rd parties to hand over ALL personal and financial records." Continue reading

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The Fleeting Beauty of Bubbles and Bonds

"The political calculus is simple: the bottom half of households don't vote, don't contribute to political campaigns and don't have enough income to borrow huge sums of money to enrich the banks. They are thus non-entities in the fiscal-monetary project of maintaining the power structure of the Status Quo. All the Status Quo needs to do is borrow enough money to fund social programs that keep the masses passive and silent. Unfortunately for the Powers That Be, the cost of placating the rapidly increasing marginalized populace is rising much faster than tax revenues." Continue reading

Continue ReadingThe Fleeting Beauty of Bubbles and Bonds

The Fleeting Beauty of Bubbles and Bonds

"The political calculus is simple: the bottom half of households don't vote, don't contribute to political campaigns and don't have enough income to borrow huge sums of money to enrich the banks. They are thus non-entities in the fiscal-monetary project of maintaining the power structure of the Status Quo. All the Status Quo needs to do is borrow enough money to fund social programs that keep the masses passive and silent. Unfortunately for the Powers That Be, the cost of placating the rapidly increasing marginalized populace is rising much faster than tax revenues." Continue reading

Continue ReadingThe Fleeting Beauty of Bubbles and Bonds

Oregon: Jesus Malverde Medallion Did Not Justify Traffic Stop

"The Oregon Court of Appeals on Thursday rejected the argument that an image of Jesus Malverde in an automobile is suspicious enough to warrant a search for drugs. When Trooper Wells came to the window to ask Manuel Meza-Garcia for his license and registration, the trooper's suspicion was heightened after he noticed something near the windshield. The appellate judges refused to consider the medallion as evidence and instead rejected the other assertions police used to search Meza-Garcia. The trooper insisted it was inherently suspicious to have two people driving with two cell phones north on I-5 without visible luggage." Continue reading

Continue ReadingOregon: Jesus Malverde Medallion Did Not Justify Traffic Stop

Oregon: Jesus Malverde Medallion Did Not Justify Traffic Stop

"The Oregon Court of Appeals on Thursday rejected the argument that an image of Jesus Malverde in an automobile is suspicious enough to warrant a search for drugs. When Trooper Wells came to the window to ask Manuel Meza-Garcia for his license and registration, the trooper's suspicion was heightened after he noticed something near the windshield. The appellate judges refused to consider the medallion as evidence and instead rejected the other assertions police used to search Meza-Garcia. The trooper insisted it was inherently suspicious to have two people driving with two cell phones north on I-5 without visible luggage." Continue reading

Continue ReadingOregon: Jesus Malverde Medallion Did Not Justify Traffic Stop