Land Of The Flea

Federal judge: Bitcoin, “a currency,” can be regulated under American law

"In the case of a Texas man accused of massive Bitcoin-based fraud, a federal judge has ruled that bitcoins are 'a currency or form of money,' and are therefore subject to relevant US laws. The case revolves around Bitcoin Savings and Trust (BTCST), a virtual Bitcoin-based hedge fund that many suspected of being a scam. BTCST shut down in August 2012, and the Securities and Exchange Commission (SEC) last month formally charged founder Trendon Shavers with running a Ponzi scheme." Continue reading →

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Liechtenstein bank to pay $23.8M in US tax evasion case

"U.S. Attorney Preet Bharara in Manhattan and Liechtensteinische Landesbank AG, located in Vaduz, announced the agreement, saying the bank will forfeit $16.3 million, representing revenue it earned for maintaining the undeclared accounts, and will pay $7.5 million in restitution to the Internal Revenue Service. IRS official Richard Weber said the parliament of Liechtenstein, an alpine country between Switzerland and Austria, also changed tax laws to make it easier to identify non-compliant U.S. taxpayers to the United States. Since then, Liechtenstein has transferred more than 200 files of U.S. taxpayers to the U.S. Department of Justice." Continue reading →

Continue ReadingLiechtenstein bank to pay $23.8M in US tax evasion case

How California Law Put a Hot Payments Innovator on Ice

"Three years ago Aaron Greenspan had a hot mobile payments startup on his hands that was poised to take a bite out of the entrenched card networks. Launched in April 2010, FaceCash signed up 25 Bay Area merchants and 500 consumers to use its novel technology, which combined mobile bar code scanning and photo identification. A Subway franchise in Palo Alto tested the service. Some suggested FaceCash could become the next blockbuster payments innovator after Jack Dorsey's Square. Then regulators put Greenspan out of business." Continue reading →

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For Smoking Marijuana, the Government Ruined This Man’s Family Forever

"For the simple crime of smoking marijuana, Texas man Joshua Hill’s family is destroyed forever. The government took Hill’s two-year old daughter away from him because he was caught smoking pot while she was asleep. But under the watch of Child Protective Services (CPS), Hill’s child was abused and eventually murdered by foster parents. Was Hill’s 'crime' of smoking marijuana worse than the state’s prescription of removing his child from the home and placing her into a foster system with as much as 10 times higher risk of abuse?" Continue reading →

Continue ReadingFor Smoking Marijuana, the Government Ruined This Man’s Family Forever

Homeland Security “Constitution Free” Zones Inside US Ignored By Media

"It’s not ‘conspiracy’ and it’s not fraud, the DHS has literally created an imaginary ‘border’ within the United States that engulfs 100 miles from every single end of the nation. Within this fabricated ‘border’, the DHS can search your electronic belongings for no reason. No reason whatsoever is required under their own regulations. This ‘border’ even includes where the US land meets oceans in addition to legitimate borders with Mexico and Canada. As a result, you have over 197 million citizens suffocated in these 100 mile ‘border zones’ that include major cities like New York City, Houston, Los Angeles, and Philadelphia." Continue reading →

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NSA spying illegal, even under the unconstitutional Patriot Act

"Last week, Rep. Justin Amash, R-Mich., introduced an amendment to the Defense Appropriations Bill that would have limited the NSA’s blanket collection of metadata to those 'relevant to a national security investigation.' The Patriot Act is unconstitutional, according to any reasonable interpretation of the Fourth Amendment. The NSA’s activities do not even meet the lower standards set by the Patriot Act; they are illegal even under an unconstitutional law." Continue reading →

Continue ReadingNSA spying illegal, even under the unconstitutional Patriot Act

Paul Craig Roberts: Washington Thinks You Are Stupid

"As soon as the American population, Congress, and Washington’s puppet allies, such as Germany, made an issue over the NSA’s clearly unconstitutional and totally illegal universal spying, the Obama regime pushed the Fear Button and hyped a new terror plot in order to shut up critics and bring Congress and Germany back in line. Washington proclaimed that a 'threat' was discovered that al Qaeda–an organization that Washington is using to overthrow the Assad government in Syria and one that is enriched by US military contracts to affiliated groups in Afghanistan–was going to blow up US embassies in the Middle East and North Africa." Continue reading →

Continue ReadingPaul Craig Roberts: Washington Thinks You Are Stupid

Obama’s abuse of the Espionage Act is modern-day McCarthyism

"President Obama has been unprecedented in his use of the Espionage Act to prosecute those whose whistleblowing he wants to curtail. The purpose of an Espionage Act prosecution, however, is not to punish a person for spying for the enemy, selling secrets for personal gain, or trying to undermine our way of life. It is to ruin the whistleblower personally, professionally and financially. It is meant to send a message to anybody else considering speaking truth to power: challenge us and we will destroy you. Only ten people in American history have been charged with espionage for leaking classified information, seven of them under Barack Obama." Continue reading →

Continue ReadingObama’s abuse of the Espionage Act is modern-day McCarthyism

How Martial Law In America Will Affect You

"The lock-down of the Boston area is not an isolated incident. It is part of a well-funded, coordinated federal program called Operation Urban Shield. Law enforcement is being trained to impose martial law. Americans are being trained to obey without question. People sometimes marvel over how a civilized populace like the pre-Nazi Germans were blind to the approach of totalitarianism. How could they miss the signs? Most Americans are missing the hint presented by armored personnel vehicles rolling into a peaceful community. The best way to avoid martial law in America is not to be here when it occurs." Continue reading →

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T.S.A. Expands Duties Beyond Airport Security

"With little fanfare, the agency best known for airport screenings has vastly expanded its reach to sporting events, music festivals, rodeos, highway weigh stations and train terminals. Not everyone is happy. T.S.A. and local law enforcement officials say the teams are a critical component of the nation’s counterterrorism efforts, but some members of Congress, auditors at the Department of Homeland Security and civil liberties groups are sounding alarms. T.S.A. officials would not say if the VIPR teams had ever foiled a terrorist plot or thwarted any major threat to public safety, saying the information is classified." Continue reading →

Continue ReadingT.S.A. Expands Duties Beyond Airport Security