How an Ex-Cop Rigged McDonald’s Monopoly Game and Stole Millions

“Jerome Jacobson and his network of mobsters, psychics, strip club owners, and drug traffickers won almost every prize for 12 years, until the FBI launched Operation ‘Final Answer.’”

Read more: https://www.thedailybeast.com/how-an-ex-cop-rigged-mcdonalds-monopoly-game-and-stole-millions

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Amazon Facial Recognition Confuses Members of Congress with Criminals

“Only 20 percent of the members of Congress are racial minorities. But 39 percent of the members of Congress who were mistaken for criminals were racial minorities.”

Read more: https://reason.com/blog/2018/07/26/amazon-facial-recognition-confuses-membe

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Second passports not just a “trophy” for the ultra-wealthy

“I didn’t do it as a status symbol. I did it because having a second passport is the ultimate insurance policy.  It ensures that no matter what, you always have a place to go. To live. To work. To do business. To retire. And in some cases, even seek refuge.  It also allows you more banking options, so you can move money out of your home jurisdiction (protecting your friends from frivolous lawsuits and overreaching governments). And even if you never end up needing or using your second passport, you will never be worse off for acquiring one.”

Read more:  https://www.sovereignman.com/international-diversification-strategies/second-passports-now-a-trophy-for-the-ultra-wealthy-24001/

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“Why does Anyone in this City Need a Gun?”

“[Mayor John Tory] did not mean that the cops who protect him do not need guns. He meant that ordinary citizens should be totally disarmed, hoping that thugs will also disarm, which would (inexplicably?) leave only the cops armed.”

Read more: https://www.econlib.org/why-does-anyone-in-this-city-need-a-gun/

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US breaks up phone scam where fake government agents believably extorted victims

“The fraudulent calls came suddenly and frequently while the scam was active from 2012 to 2016, according to court documents. A person posing as an Internal Revenue Service or immigration official was on the phone, threatening arrest, deportation or other penalties if the victims did not immediately pay their debts with prepaid cards or wire transfers.”

Read more: https://www.nytimes.com/2018/07/23/business/irs-phone-scams-jeff-sessions.html

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Omnipotent Government, Not Trump, Is the Problem

“Many of the people who are critics of President Trump don’t realize that they themselves are partly responsible for much of what Trump is doing. That’s because over the years they have supported the assumption of dictatorial powers by the president. In doing so, they always assumed that their favorite ideal candidate would end up being the one wielding and exercising such powers.  They assumed the risk that someone like Trump would end up being the one doing so.”

Read more: https://www.fff.org/2018/07/24/omnipotent-government-not-trump-is-the-problem/

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Trade war bailout: $12 billion in emergency aid for farmers hurt by tariffs

“The aid will be facilitated by the Commodity Credit Corp, an agency set up during the Great Depression, and will not require congressional approval.”

Read more: https://www.cnbc.com/2018/07/24/trump-plans-to-give-billions-in-aid-to-farmers-hurt-by-tariffs-report.html

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Trump says ‘tariffs are the greatest!’ as Harley-Davidson offshores operations

“The company has said the tariffs will add $30 million to $45 million to its expenses for the rest of the year, costs which Harley-Davidson has said it will absorb as it plans to move operations overseas.”

Read more: http://www.chicagotribune.com/business/ct-biz-trump-tariff-threats-20180724-story.html

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Venezuela Surpasses Weimar: Hyperinflation Expected To Hit 1,000,000% By Year End

“The IMF also expects the Venezuelan economy to contract 15% this year, leading to a cumulative GDP decline since 2013 of 50%.  Venezuela’s collapse, while contained, is so profound it is now holding back the rebound of the entire region: while Latin America is expected to grow 1.9% this year, the number would be 2.5% without Venezuela according to Bloomberg.”

Read more: https://www.zerohedge.com/news/2018-07-23/venezuela-surpasses-weimar-hyperinflation-expected-hit-1000000-year-end

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Two giant US pension funds admit there’s a BIG problem

“People depending on a pension not only likely won’t get the money owed to them in the future… but they’ll also get stuck paying more into the system today. It’s a true lose/lose.”

Read more: https://www.sovereignman.com/international-diversification-strategies/two-giant-us-pension-funds-admit-theres-a-big-problem-23994/

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