Monthly Archives: June 2014

Dinar ‘experts’ face lengthy prison time for selling dud investment

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“BH Group sold some $23.8 million of the currency known as dinar between 2010 and 2011.  Prosecutors alleged the group made false claims about the potential value of the dinar and portrayed a former member of the group, Rudolph Coenen, as a decorated Marine wounded in Iraq, among other falsehoods. ‘The IRS put together a great case. They worked very hard on it,’ Gene Crawford, an assistant U.S. attorney and lead prosecutor on the case, said after the verdicts were read. He said the men could face a maximum of 20 years.  ‘We will certainly be asking for lengthy prison sentences,’ Mr. Crawford said.”

http://www.toledoblade.com/Courts/2014/05/23/Dinar-experts-face-lengthy-prison-time-in-fraud-scheme.html

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The Warning Inherent in Escalating Official Lawlessness

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“Claiming that hundreds or thousands of [former IRS commissioner Lois Lerner’s] recent emails have been ‘lost’ beggars belief.  It provides us with a spectacle of an escalating contempt for constitutional constraints. We don’t believe generally at this point that the facilities of large Western governments acknowledge ‘the rule of law,’ but it is alarming to see a major US agency willing to make the point so obviously. In this era of FATCA and GATCA, when the US government in particular is demanding absolute financial transparency from its citizens, the stance of the IRS indicates a growing gap between what is expected of individuals and the accountability of governmental entities.”

http://www.thedailybell.com/news-analysis/35398/The-Warning-Inherent-in-Escalating-Official-Lawlessness/

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Growing Warmist Intolerance Threatens Social and Legal Fabric

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“This is really an outrageous letter in that it equates legitimate differences of opinion with an attack on state policy. The implication, of course, is that ‘undermining’ is illegal.  There are real costs to these promotions. People’s careers and livelihoods are affected.  Not only is this sort of warmist intolerance affecting individual careers, it is also depriving groups – even whole continents – of the right to a broad energy marketplace. As in other areas, warmist tactics and intolerance increasingly polarize issues and make rational discussion difficult to pursue. When political interactions become marginalized, or even criminalized, then authoritarianism inevitably expands.”

http://www.thedailybell.com/news-analysis/35400/Growing-Warmist-Intolerance-Threatens-Social-and-Legal-Fabric/

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Class War in the Time of Robin Hood

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“The Statute of Labourers (1351) made it illegal for peasants to accept wages that were higher than pre-plague levels. Meanwhile, food prices skyrocketed, as we should expect from a doubling of the supply of money relative to food supply.  The poor, forced to endure hunger and shortages, could see ever more clearly that the source of their suffering was not just bad weather or pestilence; it was a political class growing rich from peasant labor.  And if the Black Death had destroyed the survivors’ belief in the security of an unchanging life, it also led them to question the supporting ideology of feudalism.  An oppressed people with a clear enemy and a belief in the reality of change is a recipe for revolution.”

http://www.fee.org/the_freeman/detail/class-war-in-the-time-of-robin-hood

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Ron Paul: Haven’t We Already Done Enough Damage in Iraq?

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“Last week the second largest city in Iraq, Mosul, fell to the al-Qaeda allied Islamic State in Iraq and Syria (ISIS). Last week an al-Qaeda that had not been in Iraq before our 2003 invasion threatened to move on the capitol, Baghdad, after it easily over-ran tens of thousands of Iraqi military troops. The same foreign policy ‘experts’ who lied us into the Iraq war are now telling us we must re-invade Iraq to deal with the disaster caused by their invasion! The Obama administration has said no option except for ground troops is off the table to help the Iraqi government in this crisis. However, the administration does not consider Special Forces or the CIA to be ‘boots on the ground.'”

http://www.thedailybell.com/editorials/35399/Ron-Paul-Havent-We-Already-Done-Enough-Damage-in-Iraq/

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Removing Impediments to Bitcoin’s Success

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“The foundation’s work to standardize, protect, and promote Bitcoin is fostering the development of a new economic, commercial, and (in some respects) social system, so there’s no end to the things we might do. Prioritizing our efforts is key. So today, I’m pleased to announce the release of my study, called Removing Impediments to Bitcoin’s Success.  It is essentially an orthodox risk management study. The study first seeks to capture what makes Bitcoin an asset worth protecting. Then the study calculates the threats to Bitcoin in each of its key dimensions. Finally, the study groups together areas of risk, identifying potential measures of success or failure in efforts to respond to them.”

https://bitcoinfoundation.org/2014/04/02/removing-impediments-to-bitcoins-success-and-your-role-in-holding-us-to-account-2/

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Niall Ferguson: Networks and Hierarchies

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“The near-autarkic, commanding and controlling states that emerged from the Depression, World War II, and the early Cold War exist only as pale shadows of their former selves. Today, the combination of technological innovation and international economic integration has created entirely new forms of organization—vast, privately owned networks—that were scarcely dreamt of by Keynes and Kennan. Are these new networks really emancipating us from the tyranny of the hierarchical empire-states? Or will the hierarchies ultimately take over the networks as they did a century ago, in 1914, successfully subordinating them to the priorities of the national security state?”

http://www.the-american-interest.com/articles/2014/06/09/networks-and-hierarchies/

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Private Cities 101

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“Proprietary communities offer people a way to get rich by providing public goods. Public goods affect the value of the land on which they are provided. A classic example is schools. Good schools can increase land value by thousands—if not tens of thousands—of dollars. Similarly, police, roads, parks, and sanitation tend to raise land values. Because a proprietor or developer’s income depends on the value of the land he is renting out, he has incentives to provide public goods as part of his total offering.  The two closest examples of proprietary cities are Letchworth and Welwyn, small cities founded by Ebenezer Howard on Georgist principles before being nationalized after World War II.”

http://www.fee.org/the_freeman/detail/private-cities-101

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Truant in America

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“Christian Regan, now 22 years old, has never gone to school in his life. Yet, you would never know by meeting him. He reads more than most adults. Christian’s dad said, ‘He basically taught himself how to read. There was no ‘A is Ahh, B is Buhh’. We would just read books to him. He’d watch us reading him books, and before long, he was reading them instead of us.’  Instead of going to school, Christian just went to work. When he was nine years old, he started his own business – a booth at the swap meet selling video games.  When Christian was 17 years old, he opened his first store on the front street of Lahaina. Within three months, he had five employees and the store was very successful.”

http://isil.org/truant-in-america/

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Mom Of Seven Dies In Prison After Judge Jailed Her For Kids’ Truancy

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“The number of truancy violations charged to Dinino because her kids played hooky was coincidentally the same as her age: 55. They had been accumulating since 1999.  Under Pennsylvania law, parents can go to jail for five days for every single time their kids have an unexcused school absence.  Dinino had the option to pay $2,000 in fines but she couldn’t afford it, reports The Washington Post.  The sentencing judge, Dean R. Patton, said he sentenced the mother to jail reluctantly. He later criticized the sentencing guidelines he said he was required to follow.  ‘This lady didn’t need to be there,’ Patton said. ‘We don’t do debtors prisons anymore. That went out 100 years ago.'”

http://dailycaller.com/2014/06/14/mom-of-seven-died-in-this-prison-after-judge-jailed-her-for-her-kids-excessive-truancy/

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