Monthly Archives: June 2013

Associated Press CEO: Sources will no longer speak to us because of phone monitoring

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“The US government’s secret seizure of Associated Press phone records had a ‘chilling effect’ on newsgathering by the agency and other news organizations, AP’s top executive said Wednesday. ‘Some longtime trusted sources have become nervous and anxious about talking with us,’ AP president and chief executive Gary Pruitt said in a speech to the National Press Club. ‘In some cases, government employees we once checked in with regularly will no longer speak to us by phone. Others are reluctant to meet in person … Journalists from other news organizations have personally told me that it has intimidated both official and nonofficial sources from speaking to them as well.'”

http://www.rawstory.com/rs/2013/06/19/associated-press-ceo-sources-will-no-longer-speak-to-us-because-of-phone-monitoring/

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WikiLeaks: Journalist Michael Hastings Under FBI Investigation Before Death

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“The document-leaking organization WikiLeaks says journalist Michael Hastings called the organization’s attorney hours before his death Tuesday in a fiery one-car crash in Los Angeles. Hastings, 33, was known as a hard-charging reporter who caused Gen. Stanley McChrystal to lose his job as commander of U.S. forces in Afghanistan with an explosive 2010 story in Rolling Stone, in which he quoted McChrystal offering unsavory commentary about the Obama administration. In his final article, Hastings wrote of revelations that the NSA was harvesting large quantities of phone and Internet information. The FBI declined to say if Hastings was under investigation.”

http://www.usnews.com/news/newsgram/articles/2013/06/20/wikileaks-journalist-michael-hastings-under-fbi-investigation-before-death

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Famed Non-Automotive Journalist Michael Hastings Turns A C250 Into A “Bomb”

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“I’m not here to speak ill of the dead. I’m here to state that I’ve seen dozens of cars hit walls and stuff at high speeds and the number of them that I have observed to eject their powertrains and immediately catch massive fire is, um, ah, zero. Modern cars are very good at not catching fire in accidents. The Mercedes-Benz C-Class, which is an evolutionary design from a company known for sweating the safety details over and above the Euro NCAP requirements, should be leading the pack in the not-catching-on-fire category.  Nor is the C-Class known for sudden veering out of control into trees and whatnot.”

http://www.thetruthaboutcars.com/2013/06/famed-non-automotive-journalist-michael-hastings-turns-a-c250-into-a-bomb/

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Michael Hastings’ Final Article Before Car Explosion: ‘Why Democrats Love To Spy On Americans’

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“For most bigwig Democrats in Washington, D.C., the last 48 hours has delivered news of the worst kind — a flood of new information that has washed away any lingering doubts about where President Obama and his party stand on civil liberties, full stop. Glenn Greenwald’s exposure of the NSA’s massive domestic spy program has revealed the entire caste of current Democratic leaders as a gang of civil liberty opportunists, whose true passion, it seems, was in trolling George W. Bush for eight years on matters of national security.  ‘Everyone should just calm down,’ Senator Harry Reid said yesterday, inhaling slowly. That’s right: don’t panic.”

http://www.buzzfeed.com/mhastings/why-democrats-love-to-spy-on-americans

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FBI knew earlier of Boston bombing suspect Tsarnaev

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“Deceased Boston Marathon bombing suspect Tamerlan Tsarnaev came to the attention of the FBI on at least two occasions prior to a Russian government warning in March 2011 that said he appeared to be radicalizing, FBI Director Robert Mueller said in Congressional testimony this week. The earlier references have led some lawmakers to question whether the FBI acted too quickly in closing an assessment of Tsarnaev’s potential ties to terrorism done in response to the Russian request.”

http://www.politico.com/blogs/under-the-radar/2013/06/fbi-knew-earlier-of-boston-bombing-suspect-166313.html

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Central Bank Injects Cash After China Money Rates Jump to Records

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“The People’s Bank of China added 50 billion yuan ($8.2 billion) to the financial system today after a cash squeeze drove money-market rates to record highs. The sum was supplied to a single lender through ‘targeted liquidity operations’ and more banks were in talks to obtain financing.  A PBOC press official said he was unaware of the matter.  Bank of China Ltd. announced on its microblog that it made all payments on time today and has never had a capital default. A spokesman for Industrial & Commercial Bank of China Ltd. declined to comment on whether the lender received any financing from the central bank.”

http://www.bloomberg.com/news/2013-06-20/china-money-rate-jumps-to-record-as-pboc-holds-off-on-cash-boost.html

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Project Loon: The Technology

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Project Loon: The Technology

“We believe it’s possible to create a ring of balloons that fly around the globe on the stratospheric winds and provide Internet access to the earth below. Balloons present some really hard science problems, but we’re excited about the progress so far.
To learn more, visit: http://google.com/loon.”

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India: Emerging from Poverty or Stuck in the Past?

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“India’s problems are a result of the country’s collectivist system, which detaches people from the consequences of their actions. Economic feedback in India is warped – costs are socialized, while benefits are not. Trickery and heavy-handedness are the norm in India, and they work. Real wealth creation feels unnecessary. From an individual’s point of view, time and capital are better spent making political connections and offering bribes, both of which are more lucrative and efficient than making an honest living. India has been like this for forever. There has been nothing to shake India from its philosophical slumber and force its citizens to re-evaluate outdated precepts.”

http://www.caseyresearch.com/cdd/india-emerging-from-poverty-or-stuck-in-the-past

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Young Turks seek greater liberty, not revolution

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“Ask the younger protesters who have taken to Turkey’s streets over the past two weeks what they are fighting for, and the response is simple: ‘More freedom’. At the forefront are a generation who, unlike their parents, have grown up in an increasingly outward-looking and fast-growing economy, a new middle class with satellite TV, smartphones and social media connections with friends around the world.  Ironically it is Erdogan who has driven that change, overseeing a near-tripling in nominal wealth over his past decade in power. But for the young protesters in Ankara, Istanbul and other cities around Turkey, he has created a generation whose aspirations he no longer understands.”

http://www.rawstory.com/rs/2013/06/15/young-turks-seek-greater-liberty-not-revolution/

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Poll: Who Hates Capitalism?

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“55 percent of Hispanics had a negative view of capitalism, the most of any groups surveyed in a 2011 by the Pew Research Center, as did 47 percent of those of all races between the ages of 18-29.”

http://www.economicpolicyjournal.com/2013/06/poll-who-hates-capitalism.html

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