False Sense Of Security

Colorado Cops Cleared In Photo Radar Ticket Prank

"Gerlach went to Chafin's home and there was no answer when he knocked. Gerlach peeked in the garage and found Chafin's cars were there. When he ran the plates, he realized Chafin was a Denver officer. He immediately called his sergeant, who arrived at the scene with his captain. This resulted in 'half the department' being dispatched to the home. They were preparing to batter down Chafin's front door when Parker officers checked with a supervisor at the Denver police department, who made a few phone calls and put a stop to what was happening. The Denver police department fired them for lying, but the commission reversed the decision." Continue reading →

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On the Ground in Cyprus with Doug Casey

"Cyprus is perhaps the best most-recent example of the actions that a desperate government can take—and why you need to internationalize your savings, yourself, your income, and your digital presence. As you are no doubt aware, earlier this year on a seemingly ordinary Saturday morning (when most people would least suspect it), the government of Cyprus swiftly closed the banks, imposed capital controls, and announced a confiscation of customer deposits. While these actions came as a surprise to many, it should not have. The actions of a desperate government usually follow a predictable pattern and can happen in any country." Continue reading →

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Large Depositors in Cyprus Lose 47.5% of Their Deposits. Good!

"If the principle of 'depositor beware' were allowed to spread across the world and down to every dollar or euro deposited, the world would then have something resembling a free market in banking. Every banker would know that a bank run on his bank could wipe it out at any time. Bankers would become far more careful with depositors’ money. Banking would become less inflationary. The world would be better off. The bankers in the rest of Europe are terrified that the 'Cyprus solution' will spread to their nations. That would place final authority in the hands of depositors. This thought terrifies bankers." Continue reading →

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Copper theft ‘like an epidemic’ sweeping US

"An electrical power station in Wichita, Kan., or half a dozen middle-class homes in Morris Township, N.J. Even on a Utah highway construction site, crooks managed to abscond with six miles of copper wire. Those are just a handful of recent targets across the U.S. in the $1 billion business of copper theft. The five leading states for the thefts are Ohio, Texas, Georgia, California and Illinois, the NICB said. The FBI says copper theft is 'threatening U.S. critical infrastructure by targeting electrical substations, cellular towers, telephone land lines, railroads, water wells, construction sites, and vacant homes for lucrative profits.'" Continue reading →

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What we know thanks to Bradley Mannning’s leaks to WikiLeaks

"Bradley Manning, a 25-year-old US private, downloaded more than 700,000 classified documents from US military servers and passed them to WikiLeaks. The Guardian was one of several news organisations to publish a series of stories based on the contents of the files. Below are 10 of the most revelatory." Continue reading →

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BGPSEC: More Internet Control In The Name Of “Security”

"BGPSEC is a control that, once fully implemented, would allow the federal government to instantly revoke an ISPs right to advertise specific IP addresses, effectively shutting off all services that exist on those addresses. BGP is a key component of the Internet infrastructure, existing barely above the physical cables and fibers that carry data. BGPSEC provides much more sweeping control over who and what can exist on the Internet. BGPSEC combined with the DNS system which is already managed by the government means a giant step forward for Big Brother. ARIN has already begun offering the capability as a free 'service'." Continue reading →

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Trial set for Tulsa police officer accused of robbing Hispanic drivers

"A nonjury trial has been scheduled for Aug. 7 for a police officer who is accused of robbing Hispanic drivers during traffic stops. The robbery counts involve allegations that Blades - while driving his patrol car, dressed in a Tulsa police uniform and with a gun in his holster - pulled over Hispanic drivers on traffic stops outside his assigned patrol beat, ordered them to hand over their wallets and took money from them before returning the wallets. He was arrested during a sting operation in August 2012 after he pulled over an undercover law enforcement agent and stole $600 in documented bills that were later found on Blades, according to an arrest report." Continue reading →

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Mass jail break in Pakistan as Taliban gunmen storm prison to free 250 inmates

"The attack in the city of Dera Ismail Khan showed the ability of the al Qaeda-linked Pakistani Taliban to strike at the heart of Pakistan’s heavily guarded prison system and walk away with dozens of senior Taliban fighters and commanders. The overnight assault on the Central Prison took place despite reports that regional officials had received intelligence days, if not weeks, ago suggesting such an attack was imminent. Officials blamed a combination of negligence and lack of communication among Pakistan’s many security agencies, but some suggested there may have been a degree of insider help." Continue reading →

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Don’t Let Bitcoin Morph into Govcoin

"Recently, Govcoin has become a metaphor for alterations to the core bitcoin protocol that reduce its fungibility, irreversibility or privacy to conform to certain government specifications for an 'appropriate' digital currency. The Consumer Financial Protection Bureau has not yet confirmed to what extent the implementation of Regulation E by money transmitters will be applicable to licensed virtual currency providers. Also known as the Remittance Transfer Rule, compliance will be required by Oct. 28. It requires, among other items, prepayment disclosure, transaction receipts, and transaction cancellation within prescribed time limits." Continue reading →

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