"Ireland’s first bitcoin ATM company suffered a setback yesterday as the Bank of Ireland rejected their application for a bank account. Dolan clarified: '[The bank] informed me that: ‘Your account application has been rejected due to the nature of your business. We’re not comfortable with it.’' Dolan says their business advisor at the Bank of Ireland claimed instructions came from on high." Continue reading →
"One of the main criticisms directed against Demetriades has been how, under his watch, the now defunct Laiki Bank accumulated around €9.5 billion in emergency liquidity aid, only to buckle and fail when the ECB threatened to pull assistance. 'How much independence can a central banker have when, from his statements, it appears he was serving other expediencies instead of his country’s interest,' President Nicos Anastasiades said last year. For the state to get its €10 billion in bailout funds last March, the president said, it was told to privatise state companies, seize deposits, make painful cuts, and raise taxes." Continue reading →
"Any country that is considering waging war against another country should first consider that the loser is almost always the country that runs out of money first. No venture is more costly than warfare. The EU and the US are bankrupt now. Those presently living in those locales may escape actual duty in the military, but they will unquestionably be expected to pick up the tab through taxation. Those who presently feel that their obligations to their governments are already barely manageable might wish to consider what they will be, both during and after a major war." Continue reading →
"Congressman Jared Polis is calling on the Treasury to ban physical dollars in response to Senator Manchin’s plea to ban Bitcoin. 'The exchange of dollar bills, including high denomination bills, is currently unregulated and has allowed users to participate in illicit activity, while also being highly subject to forgery, theft, and loss,' wrote Polis in a statement. To be sure, the Congressman is being cheeky. 'This is just a satirical version of Senator Manchin’s letter, meant to draw attention to the fact that BitCoins are not any more susceptible to the problems that the Senator points out than dollars,' said Spokesperson Scott Overland." Continue reading →
"A Colorado man's purchase of $42 of Girl Scout cookies has led to a court date and more than $700 in debt for what he says was an error by a Girl Scout troop's bank. Tad Osborn, an IT professional in Fort Collins, Colo., bought about a dozen boxes last year from a scout from his neighborhood. He wrote a check for $42 and enjoyed the cookies with his family. Then last summer, he received a notice from a collection agency, informing him that his check had bounced and nearly doubled his bill to $82. The debt collection agency, AAA Collectors Inc., sued Osborn for $739.85, the bulk of which is $450 in attorney fees, followed by court and principal costs." Continue reading →
Crimean Parliament Seeks Formal Union With Russia SIMFEROPOL, UKRAINE – MARCH 17: Couples dance in Lenin Square on March 17, 2014 in Simferopol, Ukraine. Voters on the autonomous Ukrainian peninsular of Crimea voted overwhelmingly yesterday to secede from their country and join Russia. Crimea will seek to adopt the Russian Ruble as its official currency. […]
SIMFEROPOL, Ukraine – Crimean voters on Sunday overwhelmingly backed a referendum to secede from Ukraine and join Russia, in an election denounced by the United States, Europe and the Ukrainian government as illegal and destabilizing. Fireworks exploded and Russian flags fluttered above jubilant crowds after the vote, which election officials said stood at 95 percent […]
Madison - along with Jefferson and other founders - told us that it is the duty of each individual and each branch of government to determine constitutionality. Not just the federal courts.
NO, the Supreme Court isn’t the only branch tasked with determining the constitutionality of “laws” Here’s Ronald Reagan’s Attorney General on the subject: “Constitutional interpretation is not the business of the Court only, but also properly the business of all branches of government. The Supreme Court, then, is not the only interpreter of the Constitution.…
See South Carolina State Sen. Tom Davis explaining his amendment to H3101, and the anti-commandeering doctrine as a tool to fight Obamacare in the states.