Monthly Archives: November 2017

Venezuela unveils largest-ever bill, worth a few US dollars

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“Venezuelans living with hyper-inflation and a scarcity of cash for buying daily goods will soon have the country’s largest paper bill circulating in recent history.  The country’s president announced Wednesday that the new 100,000- bolivar note will hit the streets this week. It will be worth less than $2.50 in U.S. currency in black market dealings.  In a nationally broadcast appearance, President Nicolas Maduro held up the new paper bill, while also unveiling a 30 percent boost to the minimum wage.  The new denomination is stop-gap measure in an economic plan by Maduro’s government aimed at doing away with the need for paper money.”

Read more: http://abcnews.go.com/International/wireStory/venezuela-unveils-largest-bill-worth-us-dollars-50874737

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Zimbabwe army takes control but denies coup

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“In a televised address early on Wednesday morning, military spokesperson, Major General SB Moyo, said the army was seeking to ‘pacify a degenerating, social, and economic situation’ in the country.  The army spokesperson said that once the military’s objectives have been achieved, the situation in the country would return to normal, before urging Zimbabweans to continue with their lives as usual.”

Read more: http://www.aljazeera.com/news/2017/11/zimbabwe-army-seizes-state-tv-denies-coup-ongoing-171115051459998.html

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Tech start-ups fight Senate tax plan over stock option ‘phantom income’

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” Under the proposed change, employees could face large tax bills before they realize the income from cashing in the stock options to pay them.”

Read more: http://www.latimes.com/business/la-fi-tax-bill-stock-options-20171114-story.html

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The Government Is Lying to Us About Cybersecurity

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“The idea that ‘strong security’ is compatible with a government backdoor is a lie. Any security expert can tell you that a backdoor leaves your product vulnerable, even if you trust the government agency with the key. Previous backdoors advocated by the US government have been blown wide open by security experts. There is near-universal agreement among security experts that government backdoors and security are not compatible – a reality that the DOJ continues to ignore.”

Read more: https://fee.org/articles/the-government-is-lying-to-us-about-cybersecurity/

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Russian Police arrests Libertarians during Adam Smith forum

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“Last weekend, the Libertarian Party of Russia was co-organising the Adam Smith Forum, an annual conference on classical liberalism, in Moscow. The topics discussed included railway nationalisation, universal basic income, smart contracts and many more — by no means anyone called for an armed anti-government riot. However, when a group of guests and speakers were going on a lunch break they were brutally searched, arrested and taken to the police station.  Once again: in 2017, in the centre of Moscow, police arrest the participants of an academic conference!”

Read more: https://ftn.media/russian-police-arrests-libertarians-during-adam-smith-forum

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Criminalizing Hate Speech Causes More Problems than It Solves

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“The Spanish government decided that criticizing the actions of state agents is hateful and therefore punishable as hate speech. This is by no means an isolated incident. Many countries that American progressives admire and make calls for the US to emulate have stringent hate speech prohibitions and are using those prohibitions to crack down not on racial or gendered attacks, but on political speech. Recent examples include France, Canada, Germany, and the UK.”

Read more: https://fee.org/articles/criminalizing-hate-speech-causes-more-problems-than-it-solves/

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Venezuela just defaulted, and you may own its debt

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“Dozens of U.S. mutual funds and big banks, which invest on behalf of millions of Americans, own portions of the debt.  Venezuela owes over $60 billion to bondholders. The country’s central bank has only $9.6 billion left.”

Read more: http://money.cnn.com/2017/11/14/investing/venezuela-debt-401k/index.html

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NSA Whistleblower Bill Binney, and His Ordeal

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“Bill Binney, a cryptanalyst-mathematician and (formerly) highly placed intelligence official within the National Security Agency (NSA) blew the whistle on NSA activities in 2002. Since then, he’s been through everything from a raid on his home to having a sympathetic documentary made about him. He joins me to discuss his ordeal, plus his views on alleged Russian involvement in the 2016 election.”

Read more: http://tomwoods.com/ep-1029-nsa-whistleblower-bill-binney-and-his-ordeal/

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Detroit undercover cops brawl in drug sting gone wrong

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“Video from the scene captured arguing and shoving among some of the two dozen officers there, Craig said. The video has not been released but is being reviewed as part of the investigation that will be turned over to the Wayne County Prosecutor’s Office to determine whether charges will be filed.”

Read more: https://www.usatoday.com/story/news/nation-now/2017/11/14/detroit-police-officers-neighboring-precincts-brawl-undercover-sting-gone-wrong/861410001/

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Half of U.S. millenials would give up voting rights to forgive student loans

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“An astonishing 50% of millennials with student loans are willing to give up their right to vote in the next two presidential elections to have their debt forgiven, but far fewer would give up texting.”

Read more: https://www.credible.com/blog/survey-millennials-student-loan-debt-forgiveness/

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