Mainstream News

Little restraint in military giveaways to police

"An Associated Press investigation of the Defense Department program, originally aimed at helping local law enforcement fight terrorism and drug trafficking, found that a disproportionate share of the $4.2 billion worth of property distributed since 1990 has been obtained by police departments and sheriff's offices in rural areas with few officers and little crime. The national giveaway program operates with scant oversight, and the surplus military gear often sits in storage, the AP found." Continue reading →

Continue ReadingLittle restraint in military giveaways to police

After the whistle: Revealers of government secrets share how their lives have changed

"The former high-ranking National Security Agency analyst now sells iPhones. The top intelligence officer at the CIA lives in a motor home outside Yellowstone National Park and spends his days fly-fishing for trout. The FBI translator fled Washington for the West Coast. This is what life looks like for some after revealing government secrets. Blowing the whistle on wrongdoing, according to those who did it. Jeopardizing national security, according to the government. A look at the lives of a handful of those who did just that shows that they often wind up far from the stable government jobs they held. They can even wind up in the aisles of a craft store." Continue reading →

Continue ReadingAfter the whistle: Revealers of government secrets share how their lives have changed

For Congress, ‘it’s classified’ is new equivalent of ‘none of your business’

"The Senate Select Committee on Intelligence reportedly gave its approval last week to an Obama administration plan to provide weapons to moderate rebels in Syria, but how individual members of the committee stood on the subject remains unknown. There was no public debate and no public vote when one of the most contentious topics in American foreign policy was decided. Members of both the Senate intelligence committee or its equivalent in the House were difficult to pin down on their view of providing arms to the rebels. The senators and representatives said they couldn’t give an opinion, or at least a detailed one, because the matter was classified." Continue reading →

Continue ReadingFor Congress, ‘it’s classified’ is new equivalent of ‘none of your business’

Bitcoin Exchange Mt. Gox Still Grappling With Slowdown

"Mt. Gox has seen U.S.-dollar denominated trading volume fall, and has struggled to keep up with customer requests for their money. In June, it temporarily halted U.S. dollar-denominated withdrawals. In July, it announced that it had resumed withdrawals, but acknowledged it hasn’t been able to process them as fast as it would like. Several customers have contacted MoneyBeat describing the trouble they’ve experienced since in getting funds out of Mt. Gox. The company essentially said the problem lies not with itself, but with the financial system outside of virtual currencies. All of this has resulted in a less liquid market for bitcoin trading." Continue reading →

Continue ReadingBitcoin Exchange Mt. Gox Still Grappling With Slowdown

Swedish warning

"The hard data is in. Sweden's GDP fell by 0.1pc in the second quarter, astonishing everybody who relies on soft PMI confidence surveys. Year-on-year growth has been just 0.6pc, half the level expected, and Sweden is supposed to be a star performer in Europe. There are fundamental economic and mathematical reasons why Europe remains in dire trouble. Nominal GDP is contracting in a string of countries, causing debt dynamics to explode. As for Sweden, it had a housing boom and household debt bubble like the rest of us. The reality is that the Scandinavian pillar is not as strong as people think. There are no strong pillars in Europe." Continue reading →

Continue ReadingSwedish warning

IMF finds $11 billion ‘black hole’ in Greece’s finances

"The International Monetary Fund warned the eurozone yesterday that it may be forced to write off a chunk of Greece’s debt after identifying an $11bn black hole in the finances of the recession-stricken country. In its regular update on the programme of financial austerity and structural change agreed to by Athens in return for financial help, the Washington-based IMF said weak growth and a sluggish pace of reform had opened up a funding gap in both 2014 and 2015." Continue reading →

Continue ReadingIMF finds $11 billion ‘black hole’ in Greece’s finances

Ride-sharing companies like Uber may lose ‘bandit cab’ stigma in California

"The draft rules to govern companies that already operate under such names as Lyft, SideCar and Uber, allowing passengers to electronically hail rides through smartphone applications, were unveiled by the state Public Utilities Commission (PUC). Among the proposed regulations are requirements for ride-share operators to obtain a license with the PUC to do business in California, to submit their drivers to criminal background checks and to carry liability insurance of at least $1 million per incident. Taxi drivers registered their disapproval by staging a noisy demonstration against the ride-sharing services on Tuesday, circling San Francisco City Hall in their cabs." Continue reading →

Continue ReadingRide-sharing companies like Uber may lose ‘bandit cab’ stigma in California

Disturbing Video Shows Court Officer Sexually Assaulting, Then Arresting Mother, Judge Does Nothing

"The initial events took place in 2011, when Monica Contreras was led from the court into a waiting room for a supposed, though unexplained, drug search. She then says a court marshal named Ron Fox touched her and ordered her to lift up her shirt. When she fled back into the courtroom and complained to the hearing master, asking at least for a female marshal, Fox had her arrested for 'making false accusations against a police officer.'" Continue reading →

Continue ReadingDisturbing Video Shows Court Officer Sexually Assaulting, Then Arresting Mother, Judge Does Nothing

‘Hacker heroin frame plot’ foiled by security blogger

"A respected US-based internet security expert says he has foiled an attempt to frame him as a heroin dealer. Brian Krebs says the administrator of a Russian cybercrime forum hatched a plan to order heroin to his home, then tipped off the police, making it look as if the call had come from a neighbour's house. In March he was visited by a heavily armed police unit tricked into responding to a 911 call that had been made to look as if it originated from his home. Mr Krebs says he opened the front door to find a squad of policemen pointing a battery of guns at him. After being hand-cuffed and questioned, he managed to persuade the police they had been hoaxed." Continue reading →

Continue Reading‘Hacker heroin frame plot’ foiled by security blogger

U.S. allowed Italian kidnap prosecution to shield higher-ups, ex-CIA officer says

"A former CIA officer has broken the U.S. silence around the 2003 abduction of a radical Islamist cleric in Italy, charging that the agency inflated the threat the preacher posed and that the United States then allowed Italy to prosecute her and other Americans to shield President George W. Bush and other U.S. officials from responsibility for approving the operation. De Sousa is one of only a handful of former CIA officers who’ve spoken openly about the secret renditions in which suspected terrorists overseas were abducted without legal proceedings and then interrogated by other nations’ security services. More than 130 people were 'rendered' in this way." Continue reading →

Continue ReadingU.S. allowed Italian kidnap prosecution to shield higher-ups, ex-CIA officer says