Cyber thieves steal $45 million from debit card companies in a matter of hours

"Cyber thieves around the world stole $45 million by hacking into debit card companies, scrapping withdrawal limits and helping themselves from cash machines, US authorities said Thursday. The massive heist unfolded 'in a matter of hours,' said the US prosecutor’s office for Brooklyn, New York. Prosecutors unveiled charges against eight people accused of forming the New York cell of the plot, which stretched across 26 countries. In their case, they allegedly lifted $2.8 million in cash and now face charges of conspiracy to commit access device fraud and money laundering." Continue reading

Continue ReadingCyber thieves steal $45 million from debit card companies in a matter of hours

Colorado passes laws for the legal sale of marijuana beginning Jan. 1

"Lawmakers in Colorado voted Wednesday night to approve a historic, first-ever regulatory framework for the production, taxation and sales of marijuana. Four bills awaiting the governor’s signature Thursday morning — SB 283, HB 1317, HB 1318 and HB 1325 — will convert the state’s medical marijuana regulatory agency into a body governing all marijuana sales and establish legal limits for driving while under the influence of marijuana. Voters will also be given the chance to approve a series of taxes on marijuana in November, starting at 10 percent sales tax at retail and 15 percent excise tax at wholesale, with additional local taxes to be set by each municipality." Continue reading

Continue ReadingColorado passes laws for the legal sale of marijuana beginning Jan. 1

Federal Over-Criminalization Task Force Formed

"Ten House Judiciary Committee members joined together to pass a resolution to form the Over-Criminalization Task Force of 2013 to examine and make recommendations for paring down the federal criminal code, which has expanded rapidly in recent years. The Task Force will conduct hearings and investigations on over-criminalization issues within the Committee on the Judiciary’s jurisdiction, and has the opportunity to issue reports to the Committee on its findings and provide policy reform recommendations. This is the first review of the expansive federal criminal code since a Department of Justice review in the 1980s." Continue reading

Continue ReadingFederal Over-Criminalization Task Force Formed

Glenn Greenwald: U.S. oligarchs focused on military and surveillance state to put down unrest

“You can do one of two things in response to that discontent: You can try to placate it, whether symbolically placate it or substantively placate it so you avoid that kind of extreme income disparity… [and] even things out a just little bit more, however much you need to calm people down; or you consolidate your own power so that even if people become discontent, there’s nothing they can do to you because you’ve created this massive militarized state, this massive surveillance state. Our elite appears to be doing the later, and very little of the former, if any.” Continue reading

Continue ReadingGlenn Greenwald: U.S. oligarchs focused on military and surveillance state to put down unrest

State Department Demands Takedown Of 3D-Printable Gun Files For Export Control Violations

"On Thursday, Defense Distributed founder Cody Wilson received a letter from the State Department Office of Defense Trade Controls Compliance demanding that he take down the online blueprints for the 3D-printable 'Liberator' handgun that his group released Monday, along with nine other 3D-printable firearms components hosted on the group’s website Defcad.org. Wilson compares his new legal troubles to the widely-followed case in the mid-1990s of Philip Zimmermann, the inventor of the cryptography software PGP who was threatened with indictment under ITAR for putting his military-grade encryption software online." Continue reading

Continue ReadingState Department Demands Takedown Of 3D-Printable Gun Files For Export Control Violations

3D-Printed Gun’s Blueprints Downloaded 100,000 Times In Two Days (With Some Help From Kim Dotcom)

"That’s the number of downloads of the 3D-printable file for the so-called 'Liberator' gun that the high-tech gunsmithing group Defense Distributed has seen in just the last two days, a member of the group tells me. The gun’s CAD files have been ten times more popular than any component the group has previously made available, parts that have included the body of an AR-15 and the magazine for an AK-47. 'This has definitely been our most well-received download,' says Haroon Khalid, a developer working with Defense Distributed. 'I don’t think any of us predicted it would be this much.'" Continue reading

Continue Reading3D-Printed Gun’s Blueprints Downloaded 100,000 Times In Two Days (With Some Help From Kim Dotcom)

3D printing: the new, bottom-up industrial revolution

"The new technology will be the first real challenge to the traditional top-down economics of mass production for manufactured goods. This has already happened in the services sector and the digital world, with the rise of Facebook, Twitter and YouTube, and the ability for self-publishing authors and music artists to sell directly to the public; now this decentralisation of power will also happen in manufacturing. Big will no longer necessarily be beautiful when it comes to making things, undoing centuries of lessons learnt from the Industrial Revolution and the rise of Taylorist production processes." Continue reading

Continue Reading3D printing: the new, bottom-up industrial revolution

Nigel Farage: Nigel Lawson calls time on the three-pint Eurosceptic heroes

"When a group of unknown political players set up Ukip in 1993, the idea that the UK might someday re-establish its independence and leave the European Union was at best a minority pursuit. Now, no less a man than Lord Lawson advocates the idea, and validates Ukip’s arguments. Clearly nobody now doubts that it is a valid position. The reaction to Lord Lawson’s view has been to ask what damage it will do internally, to David Cameron’s embattled Conservative Party, and there has been speculation about the timing of the statement. Rarely has such a chasm opened up in British political history. The Europe divide has echoes of earlier times; it is Big Politics, writ in a digital age." Continue reading

Continue ReadingNigel Farage: Nigel Lawson calls time on the three-pint Eurosceptic heroes

Stodgy Netherlands is nation that’ll blow up euro

"Consumer debt in the Netherlands has hit 250% of available income, one of the highest levels in the world. In Spain, by comparison, it has never gone above 125%. The Netherlands has turned into one of the most heavily indebted countries in the world. It has slumped into recession and shows very little sign of coming out of it. The euro crisis has been dragging on for three years now but so far has only infected the peripheral nations within the single currency. But the Netherlands is a core member of both the euro and the European Union. If it can’t survive in the euro zone, then the game really will be up." Continue reading

Continue ReadingStodgy Netherlands is nation that’ll blow up euro

Federal Europe will be ‘a reality in a few years’, says commission president

"The president of the European Commission has fanned the flames of British debate over EU membership by insisting that fiscal union in the eurozone will lead to 'intensified political union' for all 27 member states. 'This is about the economic and monetary union but for the EU as a whole,' he said. 'The commission will, therefore, set out its views and explicit ideas for treaty change in order for them to be debated before the European elections.' 'We want to put all the elements on the table, in a clear and consistent way, even if some of them may sound like political science fiction today. They will be reality in a few years' time.'" Continue reading

Continue ReadingFederal Europe will be ‘a reality in a few years’, says commission president