Mainstream News

Venezuela says ‘petro’ cryptocurrency pre-sale will be in hard currency

"Leftist President Nicolas Maduro is hoping to capitalize on the success of cryptocurrencies by creating one for Venezuela as the bolivar plunges to all-time lows and the country struggles with hyperinflation. Critics decry the petro as simply a way for the cash-strapped government to issue debt without being constricted by U.S. sanctions. But the U.S. Treasury last week warned that Americans engaging with the petro could still find themselves in violation of those sanctions. Many in Venezuela have used cryptocurrencies in recent years to evade strict currency controls."

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Drug lords make billions smuggling gold to Miami for jewelry and phones

"Much of that gold comes from outlaw mines deep in the jungle where dangerous chemicals are poisoning rainforests and laborers who toil for scraps of metal, according to human rights watchdogs and industry executives. In comparison, the U.S. gold supply, mostly mined in Nevada and Alaska, offers stiff competition and regulations. Big companies control the big mines. Smaller companies looking to deal in U.S. gold are restricted to buying recycled 'scrap' gold from pawnshops and jewelry stores. To gain a competitive edge, many U.S. gold traders look south."

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Sessions Says to Courts: Go Ahead, Jail People Because They’re Poor

"Last week, Attorney General Jeff Sessions retracted an Obama-era guidance to state courts that was meant to end debtors’ prisons, where people who are too poor to pay fines are sent. These burdens fell disproportionately on African-Americans. The push to abolish debtors’ prisons will continue, as community advocates and local officials press on. It would be preferable, of course, for the federal government to fulfill its role as a leading protector of basic constitutional rights. Unfortunately, Mr. Sessions has made clear that under his leadership it will not."

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Ridiculous licensing rules are holding back people who want to work

"Occupational licensing is corrupt and idiotic. It’s idiotic because no one needs a license to braid hair, arrange flowers, or do interior decorating, or 300 hours of training to shampoo hair, all real examples of occupations subject to licensure. And it’s corrupt because although it’s couched in language about protecting the consumer, it’s actually about fleecing consumers and protecting existing players from competition via government power."

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I Paid To See A Movie About Singing. I Got 90 Minutes Of Pentagon Propaganda.

"Retired Army lieutenant colonel Thomas Lesnieski, who was involved with the production of the film, says that in order to 'make sure that the way the military is portrayed is done right,' changes were made to the script of Pitch Perfect 3 after the film enlisted 'DoD support'."

Continue ReadingI Paid To See A Movie About Singing. I Got 90 Minutes Of Pentagon Propaganda.