"Taped Sept 3, 1970, this insightful economic conversation remains relevant today. Note Mr. Browne predicts that, 'as an act of economic desperation,' our government will have to 'renege on their promise to foreign governments to pay one ounce of gold for every $35 turned in at the Treasury.' On August 15, 1971, the Nixon Administration did so." Continue reading →
"The US Central Intelligence Agency has been feeding information to select rebel fighters in Syria to try to make them more effective against government troops, The Wall Street Journal reported Saturday. Citing unnamed current and former US officials, the newspaper said the new CIA effort reflected a change in the administration’s approach that aims to strengthen secular rebel fighters. The CIA has sent officers to Turkey to help vet rebels who receive arms shipments from Gulf allies, the report said. But administration officials cited concerns about some weapons going to Islamists, the paper noted." Continue reading →
"President Barack Obama says his administration is working with Congress to provide Jordan with an additional $200 million in aid this year. He made the announcement during a news conference in Amman, Jordan, with King Abdullah II. Jordan’s economic troubles have been made worse by the influx of more than 450,000 refugees fleeing the civil war across the border in neighboring Syria. The Syrians are crowding refugee camps in Jordan and overwhelming aid agencies run by the important U.S. ally in the Middle East." Continue reading →
"Until now, this video presentation has been seen only by Bill’s inner circle. But we are opening it up to Diary of a Rogue Economist subscribers as a small 'thank you' for joining us in our new e-letter." Continue reading →
"'It is really very nearly within our grasp to be able to compute on all human generated information,' he added, explaining that nearly all mobile phones now contain a camera, a microphone, a light sensor, an accelerometer and GPS, among other sensors. The prevalence of sensors has led to a whole new world of biometric information, Hunt said, listing off a variety of ways the sensors in a mobile device can be used to identify the person carrying it. He pinpointed the most effective method as gait analysis, or watching the way a person walks and creating a complex data profile based upon their movements." Continue reading →
"IF you find the use of remotely piloted warrior drones troubling, imagine that the decision to kill a suspected enemy is not made by an operator in a distant control room, but by the machine itself. Imagine that an aerial robot studies the landscape below, recognizes hostile activity, calculates that there is minimal risk of collateral damage, and then, with no human in the loop, pulls the trigger. Welcome to the future of warfare. While Americans are debating the president’s power to order assassination by drone, powerful momentum — scientific, military and commercial — is propelling us toward the day when we cede the same lethal authority to software." Continue reading →
"The billionaire co-founder of Facebook, the only American member of Monty Python, a Civil Rights Leader with a PhD from Harvard, the founder of Carnival Cruise Lines and owner of the Miami Heat NBA franchise, and arguably the best chess mind to ever live have more in common than you might think. So what do Eduardo Saverin, Terry Gilliam, W.E.B. Du Bois, Ted Arison, Bobby Fischer and thousands of U.S. citizens living in Canada have in common? The answer is all five have renounced their U.S. citizenship." Continue reading →
"Leaked audio recording of Bradley Manning describing his response to the July 12, 2007 Baghdad Apache airstrike video that documented the killing of two Reuters journalists." Continue reading →
"Reading from a prepared statement, Manning said he was not pressured by WikiLeaks to release the information and that he wanted to give the documents to The Washington Post, The New York Times, and Reuters, but they did not want what he had to offer. He also said the leaked information had 'upset' or 'disturbed' him, but did not contain anything he thought would harm the United States if it became public. Regarding the Collateral Murder video, Manning said the 'most alarming part to me was the seemingly delightful blood-lust' and that those in the video 'seemed to not value human life by referring to them as ‘dead bastards.’'" Continue reading →
"The United States on Monday emphatically denied it was involved in any plot against Venezuelan opposition leader Henrique Capriles ahead of the April 14 presidential vote. 'Let me say it here extremely clearly… the United States categorically rejects allegations of any US government involvement in any plots to destabilize the Venezuelan government or to harm anyone in Venezuela,' State Department spokeswoman Victoria Nuland said. Capriles, whom the late president Hugo Chavez defeated in October elections, is running in the upcoming election against Vice President Nicolas Maduro, Chavez’s handpicked successor." Continue reading →