Essays

Policing Prosecutors

"A hungry man stealing a loaf of bread from a market to feed his family is treated differently than a con man bilking senior citizens for personal gain. Aaron Swartz knew he was breaking the law when he downloaded those articles. What he did not know, was that if a prosecutor wanted to make his life hell, she could credibly see to it that he was locked up until his mid 50’s. We should make sure that punishments fit crimes, and that when we collectively threaten to remove a human being from society for a generation or two, they actually did something worthy of such a profound punishment." Continue reading →

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Cellphone unlocking is the first step toward post-SOPA copyright reform

"Dear Congress, Please remove these items from your DMCA contraband list (both for developing the technology, selling and using the technology): Technology for unlocking and jail-breaking (currently allowed for iPhone, not allowed for iPad); Adaptability technology for the blind to have e-books aloud (currently subject to triennial review by the Librarian of Congress – it’s legal to use the technology but illegal to develop or sell); Technology to back-up our own DVD’s and Blu-Ray discs for personal use (current law makes this illegal and injunctions have even been used to shut down websites discussing this technology). Signed, The people." Continue reading →

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The Gender Wage Gap Lie

"How many times have you heard that 'women are paid 77 cents on the dollar for doing the same work as men'? Barack Obama said it during his last campaign. Women’s groups say it every April 9, which is Equal Pay Day. In preparation for Labor Day, a group protesting outside Macy’s this week repeated it, too, holding up signs and sending out press releases saying 'women make $.77 to every dollar men make on the job.' I’ve heard the line enough times that I feel the need to set the record straight: It’s not true. The point here is not that there is no wage inequality. But by focusing our outrage into a tidy, misleading statistic we’ve missed the actual challenges." Continue reading →

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Do Korea “experts” know what they are talking about?

"There is convincing evidence that most Western 'experts' on the DPRK have little, if any, clue what they are talking about. B.R. Myers, one of the very few bona fide experts on Pyongyang and its weird regime, has written at length about just how misguided most of what you’re hearing and reading about North Korea now actually is. In the first place, many commentators apply outdated, Cold War thinking to the DPRK, where it doesn’t fit. Moreover, most 'experts' are stunningly ignorant of what North Korea actually is like or how it thinks, resulting in profound Western misreads on why Pyongyang does what it does. Which, given the awesomely high nuclear stakes right now, kinda matters." Continue reading →

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Eric Margolis: Korea, One Of The World’s Five Most Strategic Nations

"Amazingly, South Korea’s tough 600,000-man armed forces are under the command of a US four-star general 60 years after the end of the Korean War, backed up by 28,500 US troops that include a full heavy infantry division, North Korea calls itself the 'true Korea,' denouncing the South as 'puppets of the US imperialists.' Interestingly, some studies show that many South Koreans share this view and are proud of North Korea’s nuclear weapons program though they want no part of its socialism and self-reliant policy known as 'juche.'" Continue reading →

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The Syria vote: Britain’s new mood

""There is no evidence that British public opinion has turned isolationist. There is plenty of evidence that it is fed up with the debilitating post 9/11 years of national sacrifice, with the humiliating excesses of US national security policy (not least its abuses of human rights and surveillance), with the unequal burden-sharing among allies and, above all, with the failures of policy. Iraq casts a very long, very dark shadow. As a result, right from the start of its spiralling civil war, Syria has felt like a sacrifice too far. When the latest call to arms came, though it came from a respected American president and was provoked by clearly intolerable war crimes, the answer was a clear one. Enough." Continue reading →

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Coinsetter CEO’s Message to Banks: You Will Soon Love Bitcoin

"Put yourself into a world in which banks charge $20 to $50 to manage an international wire transfer, but hardly make a profit on it. Conceptualize a world in which banks delay domestic ACH transfers up to three days, in a large part to reduce fraud risk. Imagine a world in which taking on just one new customer necessitates the hiring of another employee. If you’re a commercial bank, these problems are likely all too familiar. Your costs are continuously rising, but your clearing and compliance infrastructure hasn’t changed. Well I have some good news for you: Bitcoin is going to lower your network and compliance costs by 90%, and I guarantee you will be using it within ten years or less." Continue reading →

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Cody Willard: Game plan for a completely corrupted market

"So, what’s the game plan? It remains the same. You want to remain net long those inflated stocks for at least a while longer, but much less aggressively long than we were two and three years ago when stock prices were much lower. You want to keep buying and scaling into more real physical gold and silver (and a tiny position in Bitcoins too). Coins and bullion that you have stored yourself somewhere safe (not a paper promise, but the real stuff that you can hold). You want to start shorting Treasurys, but not rush into a big position anytime soon. The trends and systems and bubbles we’re seeing in front of us presently can last much longer than most bears thinks possible." Continue reading →

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How Bad Can Things Get?

"The typical American household has made no preparation for anything but the state-debt-feudal Status Quo: they have essentially no food, cash or energy in reserve, leaving the household extremely vulnerable to the slightest disruptions in income, energy and food delivery. How bad can things get? I confess to following Andy Grove's dictum that 'only the paranoid survive.' Clearly, a healthy appreciation for risk and the benefits of advance planning should obstacles arise offers selective advantages. Even if 9 of 10 problems run into the ditch, it pays to look ahead and think about what responses are likely to be the lowest cost and most successful should any of the 10 reach us." Continue reading →

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