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Dr. Benjamin Carson, an American pediatric neurosurgeon told a crowd how political correctness is killing honest and open debate in the world today. He gave a heartwarming and bold defense of free speech to a group of people including the President at the National Prayer Breakfast meeting in Washington this week. In the video below, Dr. Carson express how disgusted he is by people who take offense at everything for whatever reason. He covers a wide range of topics as well including poverty and wealth redistribution.
Here's a thought exercise. What if all bitcoin exchanges were shut down by various governments? What would the current value of a bitcoin be? This is an important question because of the implied outcome of the current trend by governments to shut down -- or prevent the creation of -- bitcoin exchanges. The mining of bitcoin would continue but spending them becomes a problem since there would be no quoted price. The bitcoin protocol is about mining bitcoin not pricing bitcoin. There is nothing in the protocol about establishing a market price for bitcoin; you need a market for that, [...]
Wed, May 01, 2013 8:20:00 PM, Continue reading at the source
China became the second biggest economy in the world by pegging their currency to the dollar at an artificially cheap rate. This boosted exports and built up reserves to the multi-trillion level - of which more than a 1 trillion is US dollars. The Chinese workers themselves, for the most part, can't afford the goods they make for Apple and hundreds of other companies that manufacture their products on 'the world's factory floor' but they are better off working in these sweatshops than working the land; so we are told. One thing is for certain, China's economy has boomed thanks to [...]
Fri, Apr 26, 2013 6:28:00 PM, Continue reading at the source
Tue, Apr 23, 2013 10:10:00 PM, Continue reading at the source
In a free market capitalist system 'price signals' are everything. Prices are determined by buyers and sellers in the free market and these prices are broadcast from the exchanges reaching all corners of the economy -- where they are used to transact business. In a centrally planned economy, prices are set by fiat and implemented in a 'top down' approach organized by a committee; rather than by the bottoms-up, animal-spirits-driven, self-interested, individualistic, free market approach. But we have a problem with free market capitalism. Where free markets have failed over the past few decades is in maintaining fair and equitable [...]
Sun, Apr 07, 2013 10:30:00 AM, Continue reading at the source
Google trends shows an explosive growth in the Bitcoin meme. Like a tsunami, it started as a ripple and didn't look like much, traveling for miles on the digital sea, and then Cyprus hit and the ripple became a roar. Nearly all financial news outlets and blogs has weighed in with their opinion on Bitcoin; the majority indicating they either like or love the idea with a few dissenters. The dissenters keep coming back to the argument that Bitcoin's success is capped by how far the government will allow it to succeed before stepping in and calling time. Is government [...]
Mon, Apr 01, 2013 11:32:00 AM, Continue reading at the source
One giant leap for mankind: £13bn Iter project makes breakthrough in the quest for nuclear fusion, a solution to climate change and an age of clean, cheap energyIt may be the most ambitious scientific venture ever: a global collaboration to create an unlimited supply of clean, cheap energy. And this week it took a crucial step forward. Steve Connor reports
An idyllic hilltop setting in the Cadarache forest of Provence in the south of France has become the site of an ambitious attempt to harness the nuclear power of the sun and stars.
It is the place where 34 nations representing more than half the world’s population have joined forces in the biggest scientific collaboration on the planet – only the International Space Station is bigger.
The international nuclear fusion project – known as Iter, meaning “the way” in Latin – is designed to demonstrate a new kind of nuclear reactor capable of producing unlimited supplies of cheap, clean, safe and sustainable electricity from atomic fusion.
If Iter demonstrates that it is possible to build commercially-viable fusion reactors then it could become the experiment that saved the world in a century threatened by climate change and an expected three-fold increase in global energy demand.
This week the project gained final approval for the design of the most technically challenging component – the fusion reactor’s “blanket” that will handle the super-heated nuclear fuel.
The building site in Cadarache has also passed the crucial stage where some 493 seismic bearings – giant concrete and rubber plinths – have been set into the reactor’s deep foundations to protect against possible earthquakes.
The percentage of Americans that are unable to take care of themselves is going to continue to rise, and the suffering that we are witnessing right now is going to get much, much worse.
Not that things aren’t really, really bad already. Here are some signs that child hunger in America has already started to explode…
#1 Today, approximately 17 million children in the United States are facing food insecurity. In other words, that means that “one in four children in the country is living without consistent access to enough nutritious food to live a healthy life.”
For many more facts about the dramatic explosion of poverty in this country, please see my previous article entitled “21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know“.
I have no personal experience in the business of false flag terrorism, but I imagine that engineering a successfully staged terror attack to be blamed on innocent or semi-innocent parties with the goal of psychologically manipulating a population requires that one also be an accomplished storyteller. It demands an avid imagination and an organized sense of foresight. And, most of all, it requires a consistency of narrative. Without consistency, the audience’s ability to suspend its disbelief is damaged, and they become disconnected from the fantasy being portrayed.
If I were the “writer” behind the “story” of the Boston Marathon Bombing, I would consider my efforts an abject failure.
The narrative of the event has changed multiple times in only a few days, following a hailstorm of conflicting observations from the government and the establishment-run media. The “villain” of the original plotline was clearly meant to be “rightwing extremism” as numerous mainstream talking heads, led by federal agency inferences, began repeating the “homegrown right wing terrorist” meme everywhere. This meme was partly abandoned after the alternative media and the Liberty Movement began its own investigation, revealing a large federal presence on the scene, including military Civil Support Teams often tied to the DHS and Northcom, as well as the witnesses who observed what on-scene officials called “training exercises” during the marathon. I have no doubt that these citizen investigations forced the establishment to change the direction of their crime tale, and use Plan B patsies instead. This, however, complicated the momentum of the fiction, and created even more questions.
The Chechen brothers now implicated in the attack have been revealed as long time FBI contacts. This is a bit awkward for the FBI considering they asked the American public to help them “identify the suspects in on-scene photos” while they failed to mention that they knew EXACTLY who the two young men were already (this is what we might call a contrived story arch). Today, the older brother, Tamerlan Tsarnaev, is conveniently dead. The younger brother, Dzhokhar Tsarnaev, had his throat conveniently shot out. The feds are now supplying the media with “written confessions” from Dzhokhar to which there is no proof of legitimacy. For all we know the boy hasn’t written a word.
The new “villains” get no voice in this drama, and thus become two dimensional characters. They exist so that we can hate them. Understanding them, or hearing their side of events from their own lips, is certainly out of the question. Poorly fleshed out antagonists are a sure sign of a poorly constructed story.
Eurogroup Head Jeroen Dijsselbloem said that 80% to 90% of banking union can be completed without treaty change on Saturday.
The Spanish government will unveil its revised budget plans for the next few years, Spanish Economy Minister Luis de Guindos said (waving his arm airily?)
Wall Street Journal