Land Of The Flea

BitScan’s exclusive Q&A with Roger Ver

"If you look at bitcoin, it has all those same characteristics of gold in terms of it being easily recognizable, easily divisible and similarly, they both have a limited supply and can’t just be made out of thin air. Where bitcoin differs from gold is that it is easily transportable. You can send bitcoins anywhere on the planet instantly basically for free. It is incredibly expensive to ship gold around the world and if you do, you have to trust the shipping company or the delivery company, with bitcoin you don’t have to trust anybody at all. All you do, is send the bitcoins and they have been sent. So bitcoin has gold’s valuable characteristics as money but it is also transportable." Continue reading →

Continue ReadingBitScan’s exclusive Q&A with Roger Ver

Cruz’ plan B for defunding Obamacare: ‘Shut down the military’

"Sen. Ted Cruz (R-TX) on Sunday warned Senate Republicans that refusing to filibuster a bill that defunds President Barack Obama’s health care reform law 'is a vote for Obamacare,' and he also advised House Republicans to 'shut down the military' if they had to. 'If Harry Reid kills the bill in the Senate, the House should hold its ground, and should begin passing smaller continuing resolutions, one department at a time,' Cruz explained. 'It should start with a continuing resolution focused on the military.' 'Send it over, see if Harry Reid is willing to shut down the military,' he quipped." Continue reading →

Continue ReadingCruz’ plan B for defunding Obamacare: ‘Shut down the military’

The co-conspirators in military mass shootings

"Republican Sen. Susan Collins was prompted to 'question the kind of vetting contractors do.' Ask the government you serve, Susan, for it, not the contractors, conducts background checks. 'The government maintains the final approval authority,' Rear Adm. John Kirby told CNN’s Wolf Blitzer. And for government officials, no infraction committed by Alexis was too egregious to ignore. Even stranger is the discrepancy between the killer’s performance during his Navy service and the glowing evaluations and awards he received from his superiors. If anything, top brass’s outsized ambition for Alexis incriminates them, not him." Continue reading →

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NJ Causes Bridge Jam With Unannounced Lane Closures For ‘Study’

"Police and elected officials in Fort Lee, N.J., say they weren't given warning that the Port Authority planned to reduce the number of local access lanes directly from Fort Lee to the bridge from three to one—causing traffic to back up in the borough—and are still puzzled by the official explanation that the agency was conducting a study of traffic patterns. After the two local lanes handling Fort Lee traffic were closed, cars and trucks quickly clogged streets used by local travelers to reach the bridge and New York City. Local officials said the backup led to long delays for Fort Lee buses traveling for the first day of school Monday." Continue reading →

Continue ReadingNJ Causes Bridge Jam With Unannounced Lane Closures For ‘Study’

Just Say the Magic Word

"When your government starts arbitrarily seizing skyscrapers, the time to start thinking about and devising an internationalization strategy was yesterday. If you have not already started, I'd suggest that it is high time to get going. This goes double for libertarians and anyone else who could one day become the government's next enemy du jour. All the government has to do is say the magic T-word, and poof: your rights, your assets, and even your life can be taken from you in an instant, without due process, and the vast majority of people will approve of it." Continue reading →

Continue ReadingJust Say the Magic Word

Pawn Shops Boom as Consumer Retail Banking Retreats

"The industry association estimates there were 10,000 pawnshops in early 2012, the latest figures available, compared with about 6,400 in 2007. That expansion is, in part, fed by the rising number of Americans whose tarnished credit effectively bars them from the mainstream financial system. The growth has attracted the attention of the Consumer Financial Protection Bureau, a recently formed regulator that has been scrutinizing pawnshops, along with other nonbank lenders like payday loan operators. EZCorp, a publicly traded operator of pawnshops, reported that total loan balances swelled 22 percent to $44 million in its most recent quarter." Continue reading →

Continue ReadingPawn Shops Boom as Consumer Retail Banking Retreats

Kevin Trudeau jailed for not paying $38 million to feds over natural remedies

"The Federal Trade Commission (FTC) has been after 50-year-old Trudeau, originally from Massachusetts, for several years after he made millions flogging what he claims are natural cures for serious and potentially fatal illnesses. The ruling at the end of last month was the latest round in more than a decade of legal battles that began with a suit filed by the Federal Trade Commission. Trudeau was slapped with a $38 million fine in 2011 after allegedly scamming customers for decades. FTC put the value at $37.6million as to how much consumers were defrauded by 'deceptive infomercials' that Trudeau filmed in order to plug his book - The Weight Loss Cure 'They' Don't Want You to Know About." Continue reading →

Continue ReadingKevin Trudeau jailed for not paying $38 million to feds over natural remedies

A Government Database about our Sex Lives: Gee, What Could Go Wrong?

"I don’t like the idea of government bureaucrats having my private information, but what’s probably most worrisome about this Obama Administration scheme is that the data won’t be confidential. As McCaughey writes, it’s just a matter of time before hackers or incompetent bureaucrats make that information public. By the way, everything written by McCaughey and Hatch also helps to explain why we should resist privacy-destroying schemes such as the Internet sales tax cartel being pushed by greedy politicians. I know I wouldn’t want all my online purchases in a database where state and local bureaucrats would be able to snoop for details." Continue reading →

Continue ReadingA Government Database about our Sex Lives: Gee, What Could Go Wrong?

Chicago ‘Safe Passage’ Worker Hit Woman, Stole Benefits Card

"A Safe Passage worker for Chicago Public Schools allegedly struck a woman and stole her Link benefits card, authorities say. Lashia Brown, 22, has been charged with misdemeanor battery and felony ID theft. Police confirmed Brown has a prior criminal record that includes possessing a weapon without a Firearm Owners Identification Card, an offense for which she pleaded guilty. Brown allegedly struck the victim in the face and used her Link card to withdraw money. She was arrested Tuesday in the 3200 block of West Madison and ordered held on $10,000 bond. A Link card provides cash and food-buying assistance for families that meet income guidelines." Continue reading →

Continue ReadingChicago ‘Safe Passage’ Worker Hit Woman, Stole Benefits Card

Woman sues US Airways for losing her husband’s ashes after TSA mishap

"Initially, Mrs O'Grady planned to take the urn on board with her, but was stopped by TSA agents who told her she wasn't allowed to bring the cardboard box containing his urn through security because 'it's contents were not a solid substance'. So she went back to the airline's front desk and put the box in her checked luggage. Because of that delay she nearly missed her flight as well. By the time she got to the gate, she was too late and the airline had already given up her seat. Mrs O'Grady had to buy a $500 first-class ticket just to stay on the same flight. But the real shocker happened after she arrived at her sister-in-law's house in Hull. She opened the bag and the box of ashes was gone." Continue reading →

Continue ReadingWoman sues US Airways for losing her husband’s ashes after TSA mishap