Tag Archives: Crisis Begets Opportunity

Visa, MasterCard To End Swipe-And-Sign By 2015

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“Both MasterCard and Visa have outlined a planned shift to the new EMV system and set a October 2015 deadline to begin using the system, The Wall Street Journal reports.  Under the EMV system consumers will use a smartcard embedded with microchip and provide their PIN to complete a transaction. The chips make reproducing a card difficult for criminals. Even if the credit card information is gathered, without the chip the card is useless.  Another significant piece of the new system is creating a shift of liability.  If a merchant is using the old swipe-and-sign system they are liable for the fraudulent charges if the customer has a chip card.”

http://consumerist.com/2014/02/07/visa-mastercard-to-end-swipe-and-sign-by-2015/

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Smith & Wesson Ends Most CA Sales Due to Microstamping Regulation

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“On January 22nd renowned gun maker Smith & Wesson joined Sturm, Ruger, & Co., by announcing it would cease California sales of its semi-automatic pistols due to microstamping requirements that went into effect last year.  Microstamping is a requirement that each firearm be fitted with a special firing pin that leaves a fingerprint on a bullet casing.  The cost of doing this would be passed on to consumers in higher prices. Moreover, the result of doing this would be yet another gun registry.  On top of these things, microstamping doesn’t even work–and least not all the time. There are proven problems with the durability of microstamps on firing pins.”

http://www.breitbart.com/Big-Government/2014/01/23/Smith-Wesson-To-End-Most-CA-Sales-Due-to-Microstamping-Regulation

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Court ruling conceals public safety info due to potential ‘terrorists’

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“A US Court of Appeals for the District of Columbia panel ruled this week that such information can be concealed from the public by US government entities for ‘law enforcement purposes’ because ‘terrorists or criminals could use that information to determine whether attacking a dam would be worthwhile.’  The case was brought by Public Employees for Environmental Responsibility (PEER), a resource non-profit for potential government whistleblowers. PEER says the decision ‘significantly expands the scope of the exemption under the Freedom of Information Act for material compiled for ‘law enforcement purposes.'”

http://rt.com/usa/public-safety-infrastructure-terrorists-174/

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China’s Great Inflation Helped Bring the Communists to Power

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“When combined with war, inflations tear apart the human community. One example is the Great Chinese Inflation of the 1930s and 1940s. Indeed, the destruction of the Chinese monetary system during this period helped Mao Zedong’s communist movement to triumph on the Chinese mainland in 1949. In the nineteenth and early twentieth centuries, Imperial and then Republican China had no central bank. The monetary system was based on a diverse network of private banks operating in the various regions of the country. While copper was widely used in coins, the primary medium of exchange was silver, and the entire Chinese economy functioned on an informal silver standard.”

http://www.thedailybell.com/editorials/34926/Richard-Ebeling-Chinas-Great-Inflation-Helped-Bring-the-Communists-to-Power/

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Duma Considers Anti-Terrorism Bill for Online Payments

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“The measures have long been in the works on the initiative of law enforcement agencies but the paperwork was expedited after two bombings in the southern city of Volgorad, co-author of the legislation, Leonid Levin of A Just Russia, told The Moscow Times.  ‘All of these bills are aimed at allowing law enforcement agencies to fight terrorist acts before they happen,’ Levin said by phone. In particular, the bills would oblige ‘websites, content providers and possibly even search engines,’ defined in the bill as individuals and companies ‘organizing information exchange’ between users, to store all the information about their users for six months and provide it to law enforcement agencies.”

http://www.themoscowtimes.com/news/article/duma-considers-anti-terrorism-bill-for-online-payments/492780.html

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Everybody Panic!

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“A middle school in Portsmouth, R.I. recently sent parents an alarming e-mail about kids who are ‘snorting’ or ‘smoking’ Smarties, a silly fad in which kids grind up the tart candy into a fine powder, then blow out the vapor as if they were smoking. (Full disclosure: I used to do something similar when my breath would freeze on frosty mornings.)  Yet everyone is worried. Portsmouth School Committee Chair Dave Croston asserts that the fad ‘would not be normal behavior’ (God forbid!), and raises the ‘troubling issue of modeling.’  The Smarties story is just one of a series of mini-panics about kids and substance abuse that seem to get recycled every few years.”

http://www.washingtonpost.com/news/opinions/wp/2014/01/20/everybody-panic/

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In U.S., 65% Dissatisfied With How Gov’t System Works

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“Sixty-five percent of Americans are dissatisfied with the nation’s system of government and how well it works, the highest percentage in Gallup’s trend since 2001. Dissatisfaction is up five points since last year, and has edged above the previous high from 2012 (64%).  These findings are from Gallup’s annual Mood of the Nation poll, conducted Jan. 5-8, 2014. The trend line on this measure shows remarkable change over time, rising from fewer than one in four Americans expressing dissatisfaction in 2002, after the 9/11 terrorist attacks, to the current situation in which almost two-thirds are dissatisfied.”

http://www.gallup.com/poll/166985/dissatisfied-gov-system-works.aspx

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Greenwald: Obama’s NSA ‘reforms’ are little more than a PR attempt

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“The crux of this tactic is that US political leaders pretend to validate and even channel public anger by acknowledging that there are ‘serious questions that have been raised’. They vow changes to fix the system and ensure these problems never happen again. And they then set out, with their actions, to do exactly the opposite: to make the system prettier and more politically palatable with empty, cosmetic ‘reforms’ so as to placate public anger while leaving the system fundamentally unchanged, even more immune than before to serious challenge.  This scam has been so frequently used that it is now easily recognizable.”

http://www.theguardian.com/commentisfree/2014/jan/17/obama-nsa-reforms-bulk-surveillance-remains

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We Vanquish Terrorism When We Refuse To Be Terrorized

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“FBI agents and CIA intelligence officials, constitutional law expert professor Jonathan Turley, Time Magazine, Keith Olbermann and the Washington Post have all said that U.S. government officials ‘were trying to create an atmosphere of fear in which the American people would give them more power’.  And former Secretary of Homeland Security Tom Ridge admits that he was pressured to raise terror alerts to help Bush win reelection. Fear sells.  This didn’t stop with Bush … politicians are still still fearmongering every chance they get. (Indeed, the biggest fearmongerers themselves quietly back terrorism).  Sociologists have shown that fear of terrorism makes people stupid and malleable.”

http://www.washingtonsblog.com/2014/01/fear.html

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Russia to Tighten ‘Anti-Terrorism’ Internet Rules

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“Russia is set to severely limit online payment systems and oblige websites including the likes of Google and Facebook to store information on users and share it with security services.  Any website that allows users to post comments will be required to inform the authorities about it and store logs for six months, according to lawmakers behind the proposal.  The logs, which will also have to be kept by Internet service providers, will have to be accessible to security services, Andrei Lugovoi of the nationalist LDPR party said.  The rules will also apply to websites that are based abroad but operate in Russia, Gazeta.ru news website reported.”

http://en.ria.ru/russia/20140115/186544472/Russia-to-Tighten-Anti-Terrorism-Internet-Rules.html

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