The Real National Security Interest of America

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“McCain thinks that our common good rests in deeply expanding U.S. government involvements in dozens of foreign countries. How such an indirect, tortuous, and demonstably dangerous path achieves the common good of Americans is a deep mystery. It is beyond belief that the McCains in the Senate think they can improve other countries when they cannot even identify America’s common good and take steps domestically to improve that good. Can Senator McCain explain how the U.S. involvements in Vietnam, Iraq, Libya, Somalia and Afghanistan have furthered the common good of Americans?”

http://www.lewrockwell.com/blog/lewrw/archives/138971.html

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Using Metadata to Find Paul Revere

“I have been asked by my superiors to give a brief demonstration of the surprising effectiveness of even the simplest techniques of the new-fangled Social Networke Analysis in the pursuit of those who would seek to undermine the liberty enjoyed by His Majesty’s subjects. This is in connection with the discussion of the role of ‘metadata’ in certain recent events and the assurances of various respectable parties that the government was merely ‘sifting through this so-called metadata’. I will show how we can use this ‘metadata’ to find key persons involved in terrorist groups operating within the Colonies at the present time.”

http://kieranhealy.org/blog/archives/2013/06/09/using-metadata-to-find-paul-revere/

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France revealed to be spying on its citizens’ phone calls, email and social media

“France’s external intelligence agency spies on the French public’s phone calls, emails and social media activity in France and abroad. It said the DGSE intercepted signals from computers and telephones in France, and between France and other countries, although not the content of phone calls, to create a map of ‘who is talking to whom’. It said the activity was illegal. ‘All of our communications are spied on,’ wrote Le Monde, which based its report on unnamed intelligence sources as well as remarks made publicly by intelligence officials. ‘Emails, text messages, telephone records, access to Facebook and Twitter are then stored for years,’ it said.”

http://www.rawstory.com/rs/2013/07/04/france-revealed-to-be-spying-on-its-citizens-phone-calls-email-and-social-media/

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Historical Opportunity for 21st Century Economics

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“Who are people turning to nowadays for business advice? Celebrity economists. Big-name experts on the economy like Paul KrugmanJoseph Stiglitz, Michael Porter, Robert Reich and Muhammad Yunus feature prominently in a new ranking of influential business thinkers compiled for The Wall Street Journal. The findings – based on Google hits, media mentions and academic citations – show just how much the business-guru landscape has changed since 2008, when a previous ranking was conducted using similar methodology. Author and consultant Gary Hamel ranked No. 1 at the time, a spot now occupied by Krugman.”

http://www.thedailybell.com/29347/Historical-Opportunity-for-21st-Century-Economics

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France and Germany eat their words on US trade talks

“France and Germany have backed down on threats to suspend US trade talks, after the US offered to set up more ‘working groups’ on data protection.  EU leaders meeting in Berlin on Wednesday (3 July) for a summit on youth unemployment said the US trade negotiations will start next week as planned.  French President Francois Hollande’s spokesman had said on Wednesday morning the talks should be put on hold until the US fully clarifies if it is snooping on EU citizens and bugging EU offices in Brussels, New York and Washington. But on Wednesday evening Hollande said the US offer on extra working groups is good enough.”

http://euobserver.com/foreign/120750

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George Clooney Arrives at the Bank of England

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“We wrote just yesterday about Mark Carney, the central banker from Canada who has arrived on the scene in Britain to take over the reins of England’s central bank. The adulatory press coverage has been just what we expected, and even more so. We’ve already been treated to reports of how Carney took the ‘tube’ to work and in this video we learn that he arrived a full hour early to work. We are reminded once more that central banking is as much a public spectacle as an exercise of monetary power. Carney has obviously been picked because he is a man who seems relaxed even under the glare of publicity and comes across as confident but levelheaded.”

http://www.thedailybell.com/29336/George-Clooney-Arrives-at-the-Bank-of-England

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Text of the June 27 Letter of 26 U.S. Senators to the Director of National Intelligence

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“Twenty-six Senators on June 27 sent a letter to James Clapper, the Director of National Intelligence. The letter begins with an admission that the information about this domestic snooping came from ‘an unauthorized disclosure.’ This means Edward Snowden. Only because Snowden had the courage to release the documents supporting this practice were 26 Senators willing to confront the domestic spying network.  We will now get to see Mr. Clapper stonewall the 26 Senators. We will get to see if he gets fired for stonewalling them. We will get to see if the officially admitted budget of the NSA is reduced for Clapper to comply with the requests of the 26 Senators.”

http://www.garynorth.com/public/11193.cfm

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Peter Schiff: Tapering the Taper Talk

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“In truth, I believe that the Fed’s next big announcement will be to increase, not diminish QE. After all, Bernanke made clear in his press conference that if the economy does not perform up to his expectations, he will simply do more of what has already failed.  Of course, when the Fed is forced to make this concession, it should be obvious to a critical mass that the recovery is a sham. Investors will realize that years of QE have only exacerbated the problems it was meant to solve. When the grim reality of QE infinity sets in, the dollar will drop, gold will climb, and the real crash will finally be upon us. Buckle up.”

http://www.europac.net/commentaries/tapering_taper_talk

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Peter Schiff: The Golden Cycle

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“This analysis provides a good representation of the current conventional wisdom. The only twist here is that the article from which this summary is derived appeared in the August 29, 1976 edition of The New York Times.  When the gold price approached $100 per ounce, a nearly 50% decline, the obituaries came fast and furious. Everyone assumed that the gold mania would never return. Although the writer of The Times piece did not yet know it, the bottom for gold had been established four days before his article was published. Few realized at the time that the real economic pain of the 1970’s had (to paraphrase The Carpenters 1970’s hit) ‘Only Just Begun’.”

http://www.europac.net/commentaries/golden_cycle

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Lying To Congress Is Legal, If You’re Intelligence Chief James Clapper — Now Apologizing

“The US director of national intelligence, James Clapper, has attempted to head off criticism that he lied to Congress over the extent of government surveillance on American citizens, with a letter to senators in which he apologised for giving ‘erroneous’ information.  Two weeks after telling NBC news that he gave the ‘least untruthful answer possible’ at a hearing in March, Clapper wrote to the Senate intelligence committee to correct his response to a question about whether the National Security Agency ‘collected data on millions of Americans’.”

http://www.rawstory.com/rs/2013/07/01/intelligence-chief-james-clapper-apologizes-to-congress-for-erroneous-nsa-claims/

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