Monthly Archives: December 2013

Don’t Let Amazon Steal Your Data

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“Jeff Bezos is happy to take your money even if you buy under a false name, pay via a credit card in the name of a New Mexico LLC with anonymous members and have items delivered to an anonymous mail-drop address.  In other words, there’s no reason you can’t operate online using an alter ego – another ‘self’ or, preferably, more than one. All it takes is a few simple steps: pseudonyms, anonymous LLCs for your credit-card accounts, mail drops and so on. That way, even if the Feds raid Amazon or Google, they won’t be getting your real data.  For the purposes of government snooping on the servers of the Big Data companies, you’ll remain an anonymous alter ego in the crowd.”

http://thesovereigninvestor.com/2013/12/10/dont-let-amazon-steal-data/

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Homeland Security opens TSA ‘Precheck’ to all travelers

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“The TSA has opened up enrollment in its ‘Precheck’ DHS Trusted Traveler program to anyone who wants to join — and pay the $85 fee for five years participation. As a Trusted Traveler, you are eligible to use the presumably-shorter airport security lines and you are exempt from removing your shoes, belt, light jacket, your 3-1-1 bag for fluid containers and taking your laptop out of your carry-on baggage.  To enroll, you have to be a U.S. citizen or lawful permanent resident who has not been convicted of serious felonies.  The only active enrollment center is at the Indianapolis airport, but TSA plans to open three more by the end of the year and ultimately up to 300.”

http://www.chicagotribune.com/travel/sns-201312100000–tms–travelpkctnxf-c20131210-20131210,0,4104083.column

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How the Bitcoin protocol actually works

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“Many thousands of articles have been written purporting to explain Bitcoin, the online, peer-to-peer currency. Most of those articles give a hand-wavy account of the underlying cryptographic protocol, omitting many details. Even those articles which delve deeper often gloss over crucial points. My aim in this post is to explain the major ideas behind the Bitcoin protocol in a clear, easily comprehensible way. We’ll start from first principles, build up to a broad theoretical understanding of how the protocol works, and then dig down into the nitty-gritty, examining the raw data in a Bitcoin transaction.”

http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/

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Bipartisan Crack-Up Foretells a Turn Toward Economic Freedom

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“Partisanship and waste. Corruption and scandal. Hyper regulation that stifles entrepreneurship. It seems the only news coming out of Washington these days is bad news. Does it have to be this way? History says no.  For an example, flash back to the 1970s. Government control—and scandal—were the new normal. High unemployment had joined high inflation at the hip. Economic malaise had set in, as it has in some ways today. Yet by the end of the decade, something good happened: We saw massive regulatory reform in airlines, trucking, and other industries—to the great benefit of consumers and the nation. How did it happen?”

http://www.independent.org/newsroom/article.asp?id=4815

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FT ‘Explains’ the Decline and Fall of the West

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“The FT article contains a threat. Here it is: ‘Another decade of western economic malaise – or, God forbid, another financial crisis – is likely to see more radical solutions and politicians emerging.’ That’s how the article ends, and in our estimation the article was written to provide this conclusion. The whole idea of destabilizing the West is quite possibly to create enough chaos to offer globalist solutions. Part of the destabilization will be the implementation of false-flag political organizations and ‘fascist’ sociopolitical solutions that will be used to justify aggressive internationalism. This is the same playbook that was used – on a trial basis – in the 1930s and 1940s.”

http://www.thedailybell.com/news-analysis/34816/FT-Explains-the-Decline-and-Fall-of-the-West–Thanks/

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FTC to music teachers: Better not try to raise the price of your lessons.

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“Teddy Roosevelt busted Standard Oil. The Obama administration? It’s making the world safe from rapacious piano teachers.  Every month, it seems, brings a new story of this presidency leveling the intimidating powers of the federal government against some law-abiding citizen. Now comes a terrifying tale of how the Federal Trade Commission, a governmental Goliath, crushes an average David—because it can.  In March of this year, a small nonprofit in Cincinnati—the Music Teachers National Association—received a letter from the FTC. The agency was investigating whether the association was engaged in, uh, anticompetitive practices.  The MTNA has existed since 1876.”

http://online.wsj.com/news/articles/SB10001424052702303562904579224251626379422

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Survival Tips From the World’s Second Oldest Bank

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“Over the past decade, the world’s second-oldest bank, Berenberg, based in Hamburg, has more than doubled its workforce by using the financial crisis as an opportunity to expand. Bloomberg Europe Editor David Tweed met with Andreas Brodtmann, one of the bank’s three managing partners, and found the key to its strategy: its unusual approach to risk.”

http://www.bloomberg.com/video/survival-tips-from-the-world-s-second-oldest-bank-TOYEdM0bScGqsc1~C5fMyw.html

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Silver Set to Double, According to… Apple?

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“Apple is giving us some surprising indications that the demand for silver is much higher than its current price would have us believe.  Actually, the first ‘sign’ came to us back in January when Apple had to delay new 27-inch iMac deliveries by up to four weeks.  Of course, the company never specified exactly what was causing the delay… but the rumors flew.  The most intriguing rumors centered on a possible shortage of industrial silver in China.  Regardless, the Apple ‘indicator’ is just one reason silver could double over the next 12 months.  There are five other compelling clues that indicate silver’s price has temporarily decoupled from what the demand data dictate.”

http://moneymorning.com/2013/12/10/silver-set-to-double-according-to-apple/

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Jim Rickards: Decline of the Petrodollar System is Good for Gold

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“The petrodollar system is collapsing for two reasons. The US has abused its privileged reserve currency position by printing trillions of dollars in an effort to create inflation. More recently, President Obama has taken steps to anoint Iran as the regional hegemon of the Middle East, and to ease the way, in stages, toward Iran’s possession of nuclear weapons capability. This is viewed as a stab-in-the-back by the Saudis and the Israelis and will lead quickly to Saudi Arabia obtaining nuclear weapons from Pakistan.  There is also a newly emerging alliance among Saudi Arabia, Israel, Egypt, and Russia. The new alignment will have no particular use for US dollars and no reason to support them.”

http://www.internationalman.com/78-global-perspectives/1057-jim-rickards-decline-of-the-petrodollar-system-is-good-for-gold

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The Dialectical Pomposity of the Tapering Promotion

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“We might taper, he tells us, if the economy seems strong. We might not if the economy seems less strong.  Maybe we will, maybe we won’t.  And to ascertain the strength of the economy, Bullard and his noobs will parse notoriously unreliable government data. They will make decisions on how much money to print at what price. This is price fixing and price fixing never works. They will use the loony-tune statistics provided to them by the US government. Good luck. They will make determinations about the level of the price fix they shall levy based on these flawed numbers.  This is YOUR economy. This is YOUR money.”

http://www.thedailybell.com/news-analysis/34819/The-Dialectical-Pomposity-of-the-Tapering-Promotion/

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