Entrepreneurship

Kim Dotcom vows free Internet for all of New Zealand

"Eccentric Internet millionaire Kim Dotcom vowed this week to fund free Internet access for all of New Zealand once he gets his new website off the ground. Dotcom is currently embroiled in an extradition fight against the U.S., which accused him of running the largest criminal copyright infringement operation in history and seized his business, Megaupload, in January. Dotcom says new site, Me.ga, will function similarly, but with enhanced encryption and distributed hosting, ensuring that users 'hold the keys' to their own files. Dotcom’s involvement with the plan could prompt U.S. regulators to resist the installation." Continue reading →

Continue ReadingKim Dotcom vows free Internet for all of New Zealand

Banking with a human face: ‘Bank on Dave’ for people in UK

"Banking malpractice, excessive risk taking and bonuses paid for out of taxpayer bailouts. It's little wonder that people's patience with their banks has run out. But if not the global financial giants, where you entrust your hard-earned cash? RT's Laura Smith meets one British man, who thinks, he's got the answer." Continue reading →

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Creativity vs. The State

"The free market has found a way around the government-created gas shortages and tortuous lines in NY. Sellers of gasoline have emerged on Craigslist, charging up to $30/gallon. The State is furious! How dare people make voluntary transactions with other individuals! Get back in line! 'We will do everything we can to stop unscrupulous businesses or individuals from taking advantage of New Yorkers trying to rebuild their lives,' New York Attorney General Eric Schneiderman said Monday. 'There are always people who show up when there's a crisis to take advantage of victims of a disaster.'" Continue reading →

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Amazon launches online wine store

"Amazon said the online shop would be 'a marketplace offering customers more than a thousand wines crafted by wineries around the country.' The online retail giant also provides international wines through external websites. Customers can ship up to six bottles of wine for $9.99. Wine sales are allowed only in states which allow it. That includes California, Connecticut, Florida, Idaho, Illinois, Iowa, Nebraska, Nevada, North Carolina, Oregon, Washington, Wyoming and the District of Columbia." Continue reading →

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Preparing for the upcoming federal confrontation on legalized marijuana

"What seems to be pretty much a given is that the DEA will not go after consumers. They simply don’t have the staff to do it. 99% of possession arrests are by state and local police — if they’re not doing it under the new law, then the feds can’t do much about it. So, as with medical marijuana, they’ll go after the big suppliers. That’s almost impossible to defend against — the government’s ability to seize property and the visibility of large suppliers makes it easy picking. So the smart thing would be to push for a lot of small suppliers — make it hard for the DEA to go after them and less of a loss if they do." Continue reading →

Continue ReadingPreparing for the upcoming federal confrontation on legalized marijuana

Police Arrest Gas Buyer In New York

"Police arrested a 47-year-old New York man accused of filling up 30 five-gallon Home Depot buckets with gasoline on Saturday night. According to investigators, Yunus Latif, of Richmond Hill, collected money from his neighbors, bought gas at a Valero station in Orange and planned to bring it back to his neighborhood, where they had no power and gas. The owner of the Valero gas station, located at 347 Boston Post Road, was arrested as well. Police claimed Muniruzzaman Gomosta should have known what Latif was doing since he came into the store several times to pay for buckets of gasoline." Continue reading →

Continue ReadingPolice Arrest Gas Buyer In New York

Unlicensed Contractors ‘Preying on Homeowners’, Says Media

"Unlicensed contractors are coming out of the woodwork after Sandy, warns NBC. Why, these vermin are actually going door-to-door, luring you in with low, low prices! One of the criminals (2:08) even brought a state-of-the-art boom truck, all the better to deceive vulnerable storm victims. Thank goodness the heroic license-checker shows up just as this lowlife is preparing to adapt his expertise to the task at hand. 'We’re taking a tree off somebody’s house [for crying out loud],' he pleads. Ha! That’s what they all say!" Continue reading →

Continue ReadingUnlicensed Contractors ‘Preying on Homeowners’, Says Media

Bernard von NotHaus: ‘Rosa Parks’ of the Dollar

"He was convicted more than a year and a half ago of 'counterfeiting,' because he issued silver coins, which he called 'Liberty dollars,' and sold them at a price much lower than they would command in United States currency [today]. The case throws into sharp relief an astonishing irony — that a man who issued money that has sharply appreciated in value is facing the rest of his life in prison while the officials who issue the official Federal Reserve Notes, the value of which has in four years plunged in half, to less than a 1,750th of an ounce of gold, are walking around free." Continue reading →

Continue ReadingBernard von NotHaus: ‘Rosa Parks’ of the Dollar

‘Liberty Dollar’ Creator Awaits His Fate Behind Bars

"His name is Bernard von NotHaus, and he is a professed 'monetary architect' and a maker of custom coins found guilty last spring of counterfeiting charges for minting and distributing a form of private money called the Liberty Dollar. Described by some as 'the Rosa Parks of the constitutional currency movement,' Mr. von NotHaus managed over the last decade to get more than 60 million real dollars’ worth of his precious metal-backed currency into circulation across the country — so much, and with such deep penetration, that the prosecutor overseeing his case accused him of 'domestic terrorism' for using them to undermine the government." Continue reading →

Continue Reading‘Liberty Dollar’ Creator Awaits His Fate Behind Bars

Doug Casey on how to Hedge Against Political Risk in the Greater Depression

"Welcome to Capital Account. Tonight, Mitt Romney and Barack Obama meet for their final Presidential debate, amid tightening polls. While the candidates face off on foreign policy, we talk to our guest, Doug Casey of Casey Research, about his own foreign policy strategy: the strategy of "the international man." We talk to Doug Casey about the increasing number of Americans who are moving their money and property off-shore, and about a smaller, albeit growing number of Americans choosing to renounce their citizenship entirely. What are these people afraid of, and who or what are they trying to hide from?" Continue reading →

Continue ReadingDoug Casey on how to Hedge Against Political Risk in the Greater Depression