NFL teams paid off by military to honor soldiers

“The New York Jets and other NFL teams have reportedly accepted $5.4 million from the Department of Defense to stage game-day ceremonies honoring soldiers that are little more than publicity stunts.  The Jets accepted payments totaling $377,000 from 2011 to 2014 for the phony salutes, and millions more were shelled out to 11 other NFL franchises, according to New Jersey’s Star-Ledger.  The Pentagon’s taxpayer bucks to the Jets buy a ‘Hometown Hero’ segment, where a soldier or two is shown on the big screen. Their names are blared through the stadium as the crowd is asked to thank them for their service.”

http://nypost.com/2015/05/11/nfl-teams-paid-off-by-military-to-honor-soldiers/

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Bill Bonner: To the Class of 2015, Part 2

“We — your parents — enjoyed an economic expansion that began when we were born and continued, with only short interruptions, until we retired. We got out of school with little or no student debt. We could start businesses with generally few impediments. We could borrow money to fund our businesses and our lives. We could hire, fire, switch jobs…buy and sell houses…move from place to place… We were freer…and richer…than you will be…unless you can wipe the slate clean of our debts, our foolish wars and dumbbell programs, and our attempts to hold back the future and prevent you from living rich, full, free lives of your own.”

https://www.equitymaster.com/dailyreckoning/detail.asp?date=05/12/2015&story=2&title=To-the-Class-of-2015-Part-2

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Homeland Security Revives National License Plate Reader Program

“A year after the Department of Homeland Security (DHS) scuttled plans to build its own nationwide database of vehicle license plate data, the agency is seeking bids from private contractors to provide the agency access to the same information.  DHS canceled last year’s plan in the wake of TSA domestic spying revelations and subsequent outrage over increasingly intrusive government surveillance. At the time, we predicted DHS would find another way to track every single car on the road, likely by relying on the services of private companies like Vigilant Solutions, one of the largest aggregators and purveyors of license-plate data.”

http://alerts.motorists.org/nma-e-newsletter-326-we-must-stop-national-alpr-push-now/

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Congress Pushes Obama-backed National Biometric ID for Americans

“The legislation, officially dubbed the ‘Legal Workforce Act‘ (H.R. 1147), is ostensibly aimed at preventing illegal immigrants from obtaining jobs. Among the most troubling elements, though, is that the bill would purport to mandate a national ID card for every American as a condition of working. It would also force every employer in America to purchase and use so-called ‘E-Verify technology’ to check with Washington, D.C., as to whether potential employees have government permission to work. Finally, it would create a massive federal database containing sensitive data on virtually every person in the country — a database that could easily be expanded to include even more information.”

http://www.thenewamerican.com/usnews/immigration/item/20531-congress-pushes-obama-backed-national-biometric-id-for-americans

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CISA Security Bill: An F for Security But an A+ for Spying

“On Tuesday the bill’s authors released the full, updated text of the CISA legislation passed last week, and critics say the changes have done little to assuage their fears about wanton sharing of Americans’ private data. In fact, legal analysts say the changes actually widen the backdoor leading from private firms to intelligence agencies.  The bill, as worded, lets a private company share with the Department of Homeland Security any information construed as a cybersecurity threat ‘notwithstanding any other provision of law.’  And once the DHS obtains the information, it would automatically be shared with the NSA, the Department of Defense, and the Office of the Director of National Intelligence.”

http://www.wired.com/2015/03/cisa-security-bill-gets-f-security-spying/

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Ben Bernanke Joins Hedge Fund Citadel as an Adviser

“For eight years, Ben S. Bernanke, the former Federal Reserve chairman, was steward of the world’s largest economy. Now he has signed on to advise one of Wall Street’s biggest hedge funds.  Mr. Bernanke will become a senior adviser to Citadel, the $25 billion hedge fund founded by the billionaire Kenneth C. Griffin. It is the latest and most prominent move by a Washington insider through the revolving door into the financial industry. Investors are increasingly looking for guidance on how to navigate an uncertain economic environment in the aftermath of the financial crisis and are willing to pay top dollar to former officials like Mr. Bernanke.”

http://www.nytimes.com/2015/04/16/business/ben-bernanke-will-work-with-citadel-a-hedge-fund-as-an-adviser.html?_r=2

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Obama order urges companies to share cybersecurity information

“The order the president signed here encourages the development of central clearinghouses for companies and the government to share data and creation of centers where data can be shared across specific geographic regions. Obama pushed for collaboration between the public and private sectors.  ‘There’s only one way to defend America from these cyber threats, and that is through government and industry working together, sharing appropriate information as true partners,’ he said. Both privacy groups and Silicon Valley companies have said they would oppose the legislation Obama proposed last month unless reforms are first made to the NSA’s surveillance program.”

http://www.washingtonpost.com/blogs/post-politics/wp/2015/02/12/obama-to-sign-executive-order-on-cybersecurity-threats/

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Defense Bill Gives Sacred Native American Sites To Mining Company

“The U.S. Senate passed a measure authorizing the nation’s defense programs Friday, and along with it managed to give lands sacred to Native Americans to a foreign company that owns a uranium mine with Iran.  The $585 billion National Defense Authorization Act of 2015 is one of the must-pass pieces of legislation that Congress moves every year. But like they did in attaching extraneous riders to the must-pass government funding bill, lawmakers used the defense bill as a vehicle to pass a massive public lands package.  The deal gives a subsidiary of the Australian-English mining firm Rio Tinto 2,400 acres of the Tonto National Forest so it can mine a massive copper deposit.”

http://www.huffingtonpost.com/2014/12/12/defense-bill-passes-rio-tinto_n_6317946.html

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FDA sets Obamacare menu rules for food chains, other eateries

“On Tuesday, the U.S. Food and Drug Administration will announce that it is making final two rules that require calorie information be listed on menus and menu boards at chain restaurants, grocery store take-out counters, convenience stores, theaters, amusement parks and vending machines with 20 or more locations. The rules are required under the Affordable Care Act.  The restaurant rules take effect in one year and the vending machine rules in two years.  While there has been strong opposition from some pizza chains, theater chains and convenience store chains, the rules have strong support from the National Restaurant Association.”

http://www.usatoday.com/story/money/business/2014/11/24/menu-labeling-food-and-drug-administration-calorie-labeling/70054580/

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Should Cities Be in the Business of Issuing Debit Cards? [2013]

“The city of Oakland already offers residents a municipal ID card, a form of identification thought to help undocumented immigrants, in particular. Now, they’ve upped the ante, becoming the first city to add a pre-paid debit-card function to its ID.  Residents can reload the card at Western Union, direct-deposit paychecks to it, withdraw cash from it at ATMs, and shop with it like any other pre-paid Mastercard.  With nearly one in 10 households considered ‘unbanked’ in the U.S., Oakland’s initiative is part an effort by many cities to broaden the financial options available to low-wage workers beyond check-cashing stores and payday lenders.”

http://www.citylab.com/work/2013/08/should-cities-be-business-issuing-debit-cards/6474/

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