Common Core Exams Put on Hold

“The common core curriculum mandates a common core system of exams. Most students will flunk these exams. This is inevitable. The results in New York are the canary in the coal mine. The failure rate was 69%. Blacks and Hispanics failed at an 84% rate. Parents are up in arms. The common core curriculum will not redeem the public schools. It will instead expose the public schools as utter failures. This will not be tolerated by local politicians, who take the heat for the failures in public schools. They will demand that the educrats turn down the heat. The tests are in the first stage of a roll-back. The Obama Administration is blaming the sequestration.”

http://www.ronpaulcurriculum.com/public/524.cfm

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Thailand Bitcoin issues – Not exactly true

“There are reports that Thailand has advised against using Bitcoin. We read the article and in one instance, it stated that the Bank advised against using Bitcoin, then later stated it was banned. Some questions arose as to which is fact and which is made up as we could not figure out how a private company can create Thai law on something it has no clue about. We asked around and could not find any factual statement from a Government agency that what Bitcoin.co.th has said was true. Looking at the business model and the lack of useability of Bitcoin in Thailand, it soon appeared that some statements are not entirely true.”

http://rimbit.com/index.php/bitcoin-news/85-thailand-bitcoin-issues-not-exactly-true

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Treasury chief says U.S. again perilously close to breaching the debt ceiling

“Treasury Secretary Jacob Lew urged Congress on Thursday to raise the US borrowing ceiling, warning that not doing so could jeopardize Washington’s creditworthiness and raise fears of a default. With the US closing on the point where spending will surpass available funds, Lew said it was crucial for Congress to raise the debt cap as soon as it comes back into session at the beginning of September. Failure to raise the ceiling would force cuts to many parts of the government, including the military and social security benefit payouts, and ‘have disastrous effects for our nation,’ Lew told an audience in Mountain View, California.”

http://www.rawstory.com/rs/2013/08/22/treasury-chief-says-u-s-again-perilously-close-to-breaching-the-debt-ceiling/

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Analysts: Ron Paul portfolio ‘craziest we’ve ever seen’

“Ron Paul loves gold, which probably won’t come as that much of a surprise to the retired Texas congressman’s acolytes. But how much the firebrand populist and former presidential candidate embraces the yellow metal could strike some as a bit…extreme. Paul’s investment portfolio is dedicated almost solely to hard assets, with 64 percent in gold and silver miners, 21 percent in real estate and 15 percent in cash, according to an analysis from the StreetAuthority blog.  The other 1 percent? An allocation to stocks, but on the short side in a bet against the equity markets.”

http://www.cnbc.com/id/100978321

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CIA finally admits it masterminded Iran’s 1953 coup

“On the 60th anniversary of the 1953 military coup in Iran that overthrew the government of radical nationalist Mohammad Mossadegh, the US has declassified documents detailing how the CIA’s secret operation brought the country’s Shah back to power. Monday’s publication under the US Freedom of Information Act came as something of a surprise, since most of the materials and records of the 1953 coup were believed to have been destroyed by the CIA, the Archive said. The CIA said at time that its ‘safes were too full.'”

http://rt.com/usa/iran-coup-cia-operation-647/

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NSA spied on Americans until a judge ruled it illegal in 2011

“The National Security Agency spied on electronic communications between Americans in a program that was later scrapped after a judge ruled it illegal in 2011, US officials said Wednesday.  The court’s opinions are usually top secret but the move to release the documents came amid a firestorm over revelations of sweeping surveillance operations, following bombshell disclosures from a former US intelligence contractor, Edward Snowden.  Officials said the court rulings had been declassified to better inform the public about how the eavesdropping programs are carried out, and that a mistake had occurred due to a technical problem.”

http://www.rawstory.com/rs/2013/08/21/nsa-spied-on-americans-until-a-judge-ruled-it-illegal-in-2011/

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Japan’s nuclear crisis deepens, China expresses ‘shock’

“The U.N.’s International Atomic Energy Agency (IAEA) said on Wednesday it viewed the situation at Fukushima ‘seriously’ and was ready to help if called upon, while nearby China said it was ‘shocked’ to hear contaminated water was still leaking from the plant, and urged Japanto provide information ‘in a timely, thorough and accurate way’. The plant’s operator, Tokyo Electric Power Co, or Tepco, has been criticized for its failure to prepare for the disaster and has since been accused of covering up the extent of the problems at the plant. After months of denial, Tepco recently admitted the plant was leaking contaminated water into the Pacific Ocean.”

http://www.reuters.com/article/2013/08/21/us-japan-fukushima-severity-idUSBRE97K02B20130821

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Someone Is Lying

“Existing home sales beat expectations by the most since February 2010 surging 6.5% MoM to its highest SAAR level since March 2007.  Sound right? Of course, this is defended by the ever-honest NAR by a sudden panic surge of buyers as rates rose. However, we just wonder how sustainable this is (given the chart below). Judging by the NAR’s history of revisionism, we suspect we know who is not telling the truth, the whole truth, and nothing but the truth.  So all cash buyers? Pulling forward demand? Sustainable trend? You decide.”

http://www.zerohedge.com/news/2013-08-21/someone-lying

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White House: ‘Difficult to imagine’ authorities demanding destruction of hard drives

“Alan Rusbridger, the Guardian editor, said that two GCHQ security experts oversaw the destruction of hard drives on 20 July in what he described as a ‘peculiarly pointless piece of symbolism’. Rusbridger had told the authorities that the action would not prevent the Guardian reporting on the leaked US documents because Glenn Greenwald, the reporter who first broke the story, had a copy in Brazil, and a further copy was held in the US. White House spokesman, Josh Earnest, said: ‘That’s very difficult to imagine a scenario in which that would be appropriate.'”

http://www.rawstory.com/rs/2013/08/20/white-house-difficult-to-imagine-authorities-demanding-destruction-of-hard-drives/

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