Archive for the 'Dictatorship' Category
China Dumps a Record $94 Billion In US Treasurys In One Month
September 7th, 2015Via: ZeroHedge: On Monday we got the official data from China and sure enough, we find out that the PBoC liquidated around $94 billion in reserves during the month of August and as Goldman argues (see below), the “real” figure might have been closer to $115 billion. Whatever the case, it’s a staggering burn rate […]
The Surging Ranks of America’s Ultrapoor
September 2nd, 2015Via: CBS: By one dismal measure, America is joining the likes of Third World countries. The number of U.S. residents who are struggling to survive on just $2 a day has more than doubled since 1996, placing 1.5 million households and 3 million children in this desperate economic situation. That’s according to “$2.00 a Day: […]
Maryland Man Fined $50 for Picking Berries in Park
August 30th, 2015Via: Reason: To me, nothing screams summer like picking and eating fresh berries. I know I’m not alone. Greg Visscher, head of the Montgomery County (Maryland) Young Republicans Club, has been picking berries with his family for years. So it was with some degree of surprise that Visscher found himself confronted last month by a […]
Pentagon Teams Up with Apple, Boeing to Develop Wearable Tech
August 28th, 2015Via: Reuters: U.S. Defense Secretary Ash Carter awarded $75 million on Friday to help a consortium of high-tech firms and researchers develop electronic systems packed with sensors flexible enough to be worn by soldiers or molded onto the skin of a plane. Carter said funding for the Obama administration’s newest manufacturing institute would go to […]
We Are the Government: Tactics for Taking Down the Police State
August 27th, 2015They don’t like jury nullification. Using your First Amendment right to free speech in front of a court house could result in indictments. Jury Nullification Advocate Faces Indictment Denver DA Charges Man with Jury Tampering for Handing Out Jury Nullification Flyers Via: Rutherford Institute: Where nullification can be particularly powerful, however, is in the hands […]
China Sells U.S. Treasuries to Support Yuan
August 27th, 2015Via: Bloomberg: China has cut its holdings of U.S. Treasuries this month to raise dollars needed to support the yuan in the wake of a shock devaluation two weeks ago, according to people familiar with the matter. Channels for such transactions include China selling directly, as well as through agents in Belgium and Switzerland, said […]
No-Fly List Uses ‘Predictive Assessments’ Instead of Hard Evidence, U.S. Admits
August 24th, 2015Shocker. Via: Guardian: The Obama administration’s no-fly lists and broader watchlisting system is based on predicting crimes rather than relying on records of demonstrated offenses, the government has been forced to admit in court. In a little-noticed filing before an Oregon federal judge, the US Justice Department and the FBI conceded that stopping US and […]
Breathing Beijing’s Air Is the Equivalent of Smoking Almost 40 Cigarettes a Day
August 24th, 2015Via: Economist: Pollution is sky-high everywhere in China. Some 83% of Chinese are exposed to air that, in America, would be deemed by the Environmental Protection Agency either to be unhealthy or unhealthy for sensitive groups. Almost half the population of China experiences levels of PM2.5 that are above America’s highest threshold. That is even […]
Afghanistan Has Cost the U.S. More Than the Marshall Plan
August 23rd, 2015Via: Bloomberg: The U.S. has now spent more on the reconstruction of Afghanistan than it spent on the Marshall Plan, which resuscitated Europe after World War II, according to a special inspector general. The Marshall Plan delivered $103 billion in today’s dollars to 16 European countries between 1948 and 1952. That has now been topped […]
Long Range Strike Bomber Already a Snowballing Disaster
August 18th, 2015Via: Fiscal Times: The price on the U.S. Air Force’s next-generation bomber was just raised. Again. Last year, Air Force officials told Congress that the cost for the 10-year research and development phase for the Long-Range Strike Bomber would be $33.1 billion between fiscal years 2015 through 2025. But this year the price skyrocketed. The […]
