Monthly Archives: August 2013

Bill Bonner: Can paper money survive a full credit cycle?

Posted on by

Bill-Bonner2

“A super bank run by super economists? How long would it take for them to blow up the whole world’s financial system?  But don’t worry about it. The system will blow up anyway.  No paper money system has ever survived a full credit cycle. That – and not a lack of international monetary reform – is why there are so many bubbles now. When interest rates are falling – often pushed to artificially low levels…and held there for an extremely long time – credit expands and the burden of debt. That has been happening for the last 3 decades. And now, the whole economy depends on something that can’t possibly continue. Debt can’t grow forever.”

http://www.equitymaster.com/dailyreckoning/detail.asp?date=08/29/2013&story=1&title=Can-paper-money-survive-a-full-credit-cycle

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

The Dead-Head Fed And “The Only Road to Riches”

Posted on by

“The only thing we can do is manage our risks. We can stick to undervalued stocks. We can focus on strong balance sheets, which, for businesses are a lot like foundations for buildings. They can be the difference between surviving a crisis and succumbing to it. We also aim to align ourselves with owner-operators — people who have a vested interest in survival. Now, portfolios are like pirate ships. They are made to sail the open seas in search of treasure. You don’t raise a pirate ship and crew and have them waste away in a harbor somewhere. You send them out and realize that you’ll take some damage from time to time, but that you’ll make it up with the treasures you haul in. The key is not to lose the ship.”

http://dailyresourcehunter.com/the-dead-head-fed-and-the-only-road-to-riches/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Anarchy: The Basis for a Civilized Society

Posted on by

“Sartwell says even if anarchism were not practical, it doesn’t follow that it has no value.  This is not to put aside the question of practical application. He pointed to the works of anthropologists James Scott and David Graeber, whose work independently has shown how anarchism has worked in a variety of settings. Bowling leagues, to use an example from Sartwell’s book, are anarchist organizations. They are completely voluntary. No one is forced to join. So when you think about it, our lives are full of anarchist organizations built on voluntary foundations. Suddenly, anarchism doesn’t seem like such a radical idea. You come to appreciate that the basis of civilized society is anarchic to its core.”

http://lfb.org/today/anarchy-the-basis-for-a-civilized-society

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Freedom and Servitude: Could You Have Answered This Question?

Posted on by

“For this man, following rules that others set made sense – it’s a safe position. But once there, he’ll never really grow again, and he will be cut off from a lifetime of discovery and satisfaction.  What’s bad about servitude is that it prevents us from living.  To one extent or another, we’ve all let our love of life dim and have taken ‘safe’ positions. We live in a tough world after all.  The good news, however, is that we can regain what we’ve lost merely by changing our minds. To repair ourselves requires that we think about these things – to notice when we begin playing a role, to act on curiosity when we feel it, to stop defending our previous choices, to expect surprises and opportunities.”

http://www.freemansperspective.com/servitude-freedom/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Julian Assange on Google and the NSA: Who’s holding the ‘sh*t-bag’ now?

Posted on by

“Google started out as part of Californian graduate student culture around San Francisco’s Bay Area. But as Google grew it encountered the big bad world. It encountered barriers to its expansion in the form of complex political networks and foreign regulations, it started leaning heavily on the State Department for support, and by doing so it entered into the Washington DC system. A recently released statistic shows that Google now spends even more money than Lockheed Martin on paid lobbyists in Washington. That Google was taking NSA money in exchange for handing over people’s data comes as no surprise. When Google encountered the big bad world, Google itself got big and bad.”

http://thestringer.com.au/google-and-the-nsa-whos-holding-the-shit-bag-now/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Calvin & Hobbes Creator’s Life Lessons Become Beautiful New Comic

Posted on by

“As much as I’d have loved it if comic-creator Bill Watterson had kept working forever, there’s something bittersweet about the fact that Calvin & Hobbes is no more. While Calvin and his pet tiger may never go on a new adventure, we can continue to learn lessons from Watterson and his creations, as evidenced by this new comic by Zen Pencils artist Gavin Aung Than. The comic below is Than’s rendition of an excerpt from Bill Watterson’s 1990 speech at Kenyon College (site of David Foster Wallace’s famous ‘This Is Water’ speech, as it happens). It is just lovely. Read it, and prepare to feel emotions.”

http://kotaku.com/calvin-hobbes-creators-life-lessons-become-beautiful-1215643764

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Reactions through Google Glass

Posted on by

Reactions through Google Glass

“Over the past year, I wasn’t able to capture all the reactions I’ve experienced from others whilst wearing Glass. So, I thought I’d re-enact some of them instead. Shot entirely through Glass.”

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Researcher: Facebook spammers make $200 million just posting links

Posted on by

“Spammers posting links on Facebook fan pages to send people to third-party scam sites are earning $200m every year, according to calculations by a team of Italian security researchers who have investigated hundreds of thousands of posts on the social network. Trying to catch and get rid of the spammers is a growing problem for Facebook. The revenue that the spammers do not form part of Facebook’s revenue, but instead piggyback on the success of the social network, which now has more than a billion users worldwide. In April, the Italian team uncovered the multimillion-pound business of selling fake Twitter followers, estimating then that as many as 20m were created by spammers.”

http://www.rawstory.com/rs/2013/08/28/researcher-facebook-spammers-make-200-million-just-posting-links/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Cold call victim forces telemarketers to pay him by using premium number

Posted on by

“A British man fed up with cold calls from telemarketers set up a premium phone number in November 2011 and has made £300 by accepting calls and keeping the annoying marketers on the line as long as possible. Lee Beaumont, who works at home in Leeds, UK, was getting calls at all times of the day. ‘I thought there must be a way to make money off these phone calls,’ he told the BBC. He set up an 0871 line (equivalent to a 900 line in the US), which forces people who call him to pay 10p per minute. Of that, he receives 7p (about 10.9¢). He now gives out his 0871 line to any business that might cold call him, while giving friends and family a different number.”

http://arstechnica.com/business/2013/08/cold-call-victim-forces-telemarketers-to-pay-him-by-using-premium-number/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Skype confirms it is developing 3D video calls

Posted on by

“Skype has confirmed it is developing 3D video calls – but said it could be many years before we can use the technology. The Microsoft-owned internet telephony firm revealed it is experimenting with 3D video calls on its 10th anniversary.  In an interview with the BBC, Mircrosoft’s corporate vice-president for Skype, Mark Gillett, said: ‘We’ve done work in the labs looking at the capability of 3D-screens and 3D-capture. We’ve seen a lot of progress in screens and a lot of people now buy TVs and computer monitors that are capable of delivering a 3D image. But the capture devices are not yet there.'”

http://www.rawstory.com/rs/2013/08/29/skype-confirms-it-is-developing-3d-video-calls/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet