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Human breast milk has become a new luxury for China’s rich

"Xinxinyu, a domestic staff agency in the booming city of Shenzhen, which borders Hong Kong, provided wet nurses for newborns, the sick and other adults who pay high prices for the milk’s fine nutrition, the Southern Metropolis Daily said. 'Adult (clients) can drink it directly through breastfeeding, or they can always drink it from a breast pump if they feel embarrassed,' the report quoted company owner Lin Jun as saying. Wet nurses serving adults are paid around 16,000 yuan ($2,600) a month — more than four times the Chinese average — and those who were 'healthy and good looking' could earn even more, the report said." Continue reading →

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Belgian diplomat booted from NY golf club, treated like ‘terrorists’ over wife’s breast-feeding

"Minutes later, the Greenburgh Police Department arrived. Detective Scott Harding allegedly yelled, 'Close the doors!' and two other diners were told to leave the terrace. 'He was walking as if he was acting in a Western movie,' Neijens said. 'He had one hand on his gun, one hand on his Taser.' Neijens said the officer warned the couple they were trespassing and said some people at the club thought they were terrorists because of their black backpack. When Remans, on the verge of tears, questioned why terrorists would breast-feed at a ritzy club, the cop allegedly replied, 'In Sri Lanka, babies are used by terrorists.'" Continue reading →

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Hey, scofflaws! Police union cards available on eBay

"Buying a 'get out of jail free' card is just a mouse click away. Police union cards that cops hand out to friends and family free of charge are selling on eBay for as much as $100 a pop, even though the resale of the coveted plastic is strictly prohibited by the unions. The cards are often used to get out of minor jams like speeding tickets or parking violations — flashing one with your driver’s license is a way of suggesting you’re a member of law enforcement or at least related to someone who is. One eBay seller, 'anonymous1234567,' pointed out that some cards — like the 2013 LBA card he sold to The Post for $100 — work better than others." Continue reading →

Continue ReadingHey, scofflaws! Police union cards available on eBay

David Galland: How to Tell if You Live in a Police State

"It is always worth remembering that humans can adopt very warped attitudes, even to the point of falling in love with mad dogs… and mad rulers. But more to the actual point of mad dogs and all that, the mindset of all the various branches of what is currently lumped under the moniker 'Homeland Security' – from the top right down to the domestic police force – has devolved to the point where a growing swath of the general population is now actively afraid of them. Previously, it was only black people who had been trained by bitter experience to fear 'the man.' Now the rest of us are beginning to understand what they have been complaining about all these years." Continue reading →

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Obamacare: Insuring Lawlessness

"Western law is a plaything in the hands of the powerful. First, laws should apply to everyone. Congress, for instance, routinely exempts itself from laws applicable to others. When the legislative body constantly exempts itself from obeying the Law of the Land (no matter how irrational it might be) then lawlessness and corruption have reached the highest levels of society. Second, a legislative body (or law enforcement agency) shouldn't single out certain individuals or groups with specific lawmaking. From what we can tell, this is happening more and more. Even the targeting of Edward Snowden seems representative of this sort of activity." Continue reading →

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The biggest scams in Bitcoin history

"The Bitcoin world is a lovely place graced by anonymity and (almost) zero government interference. However, a while ago – when people didn’t know Bitcoin so well and security was less important – these characteristics made the currency prone to scams and theft. Here we unearth some of the greatest scams that have hit our favorite digital currency and hope that users will avoid suspicions situations in the future. Stay safe!" Continue reading →

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Kipochi launches first Bitcoin wallet in Africa with M-Pesa integration

"This enables Kenyans to receive money transfers from the diaspora in an easier, faster and cheaper way, compared to using banks and money transferring services such as Western Union and MoneyGram. Kipochi is a light weight easy to use BitCoin Wallet that allows users to receive and send BitCoin all over the world. Even for people using simple low cost feature phones. M-Pesa currently accounts for 31% of Kenya’s GDP. M-Pesa, the leading mobile payment system in Kenya and in the world, more than 70% of Kenya’s adult population uses Mpesa for small transfers, such as cash between family/friends, paying domestic help, utility bills etc." Continue reading →

Continue ReadingKipochi launches first Bitcoin wallet in Africa with M-Pesa integration

In London, the next wave of Bitcoin growth will be led by startups and innovation

"At Bitcoin London this week, it was clear that it would be the next wave of innovative startups that might be able to eventually move Bitcoin from an experimental currency into a more mainstream financial force in London. The event highlighted some of the bigger Bitcoin startups, which have launched exchanges or apps, as well as newer players, like a Bitcoin conversion machine maker, which is looking to install its first box in the Fall. Britons in general seem more keen on Bitcoin and, for those that have heard of the cyber currency, 40 percent of them trust Bitcoin as much as British sterling, according to a recent survey. That’s compared to 16 percent in the U.S." Continue reading →

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Bill Bonner: What I’m Doing With My Money Now

"Family offices have for hundreds of years been protecting and growing family wealth, based on a number of unique long-term investment strategies. They've also been helping families pass on their wealth through the generations. The skills necessary for building wealth – including the habits and the customs that allow you to hold onto it and pass it along to the next generation – can take a long time to accumulate. Why are the Swiss so wealthy, for example, and the Bolivians... or the Zimbabweans... or the Albanians... or the Baltimoreans... so poor? The Swiss have the habit of wealth; the others do not. There are some skills that take more than a generation to acquire." Continue reading →

Continue ReadingBill Bonner: What I’m Doing With My Money Now