The Redcoats Had NOTHING on Today’s Local Police

"Dustin Theoharis of Auburn, Washington was asleep in a basement bedroom when he was shot 16 times by officers who had come to the home looking for someone else. He was not a criminal suspect and had no access to a weapon when the officers opened fire in the darkened bedroom. The assailants who shot Theoharis were Detective Aaron Thompson of the King County Sheriff’s Office and Corrections Officer Kris Rongen. The King County Prosecutor’s office ruled that the shooting by Deputy Aaron Thompson and Correctional Officer Kristopher Rongen was legally justified." Continue reading

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When Vice Enforcement is a Capital Crime

"Alexa Hamme of Salt Lake City was 25 years old when she died in a jail cell. She had been arrested four days earlier on suspicion of drug possession and endangerment of a child or adult. That last charge is a sentence enhancer often tacked on to a drug arrest as a way of escalating the potential penalties and extorting a guilty plea to a lesser charge. Using drugs is unwise and self-destructive. The same is true of other personal vices, as well. But government has no moral or legal mandate to punish people for indulging vices. Doing so is itself a crime – and as the tragic death of Alexa Hamme illustrates, it is frequently a capital offense." Continue reading

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Boston University sues Apple claiming it stole professor’s 1997 idea

"Theodore Moustakas, a professor of electrical and computer engineering at Boston University, published a patent for 'highly insulating monocrystalline gallium nitride thin films' in November 1997 The patent is set to expire in 2015. Boston University has not made a comment as to why the university chose this time to file on Mr. Moustakas' behalf. BU has asked Apple to halt the sales of the iPhone 5, iPad, and MacBook Air, and has asked for damages. Apple has sold more than 100 million iPads and 55 million copies of the iPhone 5." Continue reading

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Bitcoin Trade Group Bites Back at California

"The Bitcoin Foundation is defending the virtual currency to California’s banking department, explaining bitcoin doesn’t qualify as a payment instrument under the state’s money-transmission rules. In a lengthy letter addressed to Tara Murphy, an assistant attorney general in the California Department of Financial Institutions, the Washington-based group also stuck up for itself, saying it doesn’t sell or exchange the virtual currency. California is known to be particularly aggressive in enforcing money-transmission rules. In the letter, the foundation made it clear that it doesn’t even operate in California." Continue reading

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How You Can Quickly Make It into the World’s 1% Richest

"You might already be there. If not, get a job at McDonald's and work overtime. It only takes $34,000 a year, after taxes, to be among the richest 1% in the world, according to World Bank economist Branko Milanovic in his book The Haves and the Have-Nots. CNN reports on Milanovic data: 'The true global middle class, falls far short of owning a home, having a car in a driveway, saving for retirement and sending their kids to college. In fact, people at the world's true middle -- as defined by median income -- live on just $1,225 a year. (And, yes, Milanovic's numbers are adjusted to account for different costs of living across the globe.)'" Continue reading

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Your Computer Is Watching You: AOL Rolls Out Emotion Tracking

"One of the fastest growing areas in neuromarketing is webcam-based emotion tracking. The popularity of this technique is underscored by AOL’s new partnership withRealEyes. Be On, an AOL unit that offers advertisers branded video, will provide their customers with quick feedback on how viewers reacted to their videos. The emotions are determined by automated analysis of facial expressions captured by webcam. Regular users don’t need to worry about being secretly analyzed, at least for now. Only panels of subjects that have explicitly consented to participate in the expression monitoring activity will be tested." Continue reading

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‘I filmed the first fight and arrest through Google Glass’

"A few rowdy July 4th celebrations on a New Jersey boardwalk turned into real-life Jersey Shore as one of Google’s Glass Explorers happened to be testing the extended video recording option on his Google Glass device. ;I picked up my Google Glass explorer edition last week,' Chris Barrett told me. 'I wanted to test Glass out, so I filmed some fireworks, getting a very cool first-person perspective. About 10 minutes after the fireworks, we were walking back to our car, and I just decided to try it out on the boardwalk.' The result is that Barrett caught the aftermath of a fight and arrest, on camera, through Google Glass." Continue reading

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And how would you like to pay, sir – cash, credit card, or Bitcoin?

"In Iceland, people liked to build their own houses at the time, but they couldn't put the money they were saving to build their homes into the bank, because it disappeared. Somebody had the idea to buy certificates in building materials in advance, and those certificates were denominated in cubic metres of concrete. It became very popular on payday, and our company would issue the certificates. One day the company got a call from the inland revenue asking if we had issued these vouchers. We confirmed it, but asked why they wanted to know. The official said somebody was trying to use the vouchers to pay his taxes." Continue reading

Continue ReadingAnd how would you like to pay, sir – cash, credit card, or Bitcoin?

Marc Faber: This Will End In Disaster

"With gold and silver plunging, the US dollar strengthening, and oil still above $100 a barrel, today Marc Faber told King World News this will 'end in disaster.' This is part I of a series of written interviews that will be released today on KWN in which Faber discusses the end game, government theft, how investors can protect themselves, gold, silver, bail-ins, central planner actions, global markets, and much more." Continue reading

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