Libra Is Nothing More than a Nice Idea

by John Mauldin What kind of money will we use in the future? The answer might seem obvious: dollars, euros, yen, and other government-issued fiat currencies. Most of us have never known anything else. Yet these currencies aren’t natural phenomena. People created them. People can also abandon them for something else, just as they abandoned … Read more

It Won’t Take A Lot Of Prosecutions Like This To Make A Diffrence:

Slaughterhouse owner who used illegal immigrants sentenced to 18 months in federal prison. GREENEVILLE, Tenn. — Updated Story (7/31/19): The owner of a Bean Station slaughterhouse who admitted paying illegal immigrants in cash for years to avoid federal payroll obligations was sentenced Wednesday to 18 months in federal prison. James Brantley pleaded guilty last year in U.S. … Read more

How to spot a coming recession

From the New York Times: Last week’s report on second-quarter gross domestic product showed that the economy slowed last spring. It also came exactly 10 years since the Great Recession ended, making this officially the longest expansion in American history. (Well, probably. More on that in a second.) So perhaps it’s no surprise that forecasters, investors … Read more

CALL TO ARMS? Ocasio-Cortez Says Those in ‘Poverty in the US’ Should ‘Riot’ Like Palestinians

Controversial Congresswoman Alexandria Ocasio-Cortez found herself at the center of another anti-Israeli scandal this week; saying Palestinians “have no choice but to riot” and urging Americans to follow suit. “Once someone doesn’t have access to clean water they have no choice but to riot. Right?” she said. “But it doesn’t have to be that way. … Read more

FTC: Equifax might run out of cash, so please take the credit monitoring

The FTC said Wednesday that consumers rushing to get a $125 check fromEquifax as restitution for its 2017 cybersecurity breach should consider the credit monitoring option because the company could run out of money before satisfying all the claims. “The public response to the settlement has been overwhelming,” the FTC said. “Because the amount of money set aside … Read more

NY Times: Epstein Has Transhuman Fantasy Actively Trying to Seed Humanity With his DNA USING ELITE SCIENTISTS

Jeffrey E. Epstein, the wealthy financier who is accused of sex trafficking, had an unusual dream: He hoped to seed the human race with his DNA by impregnating women at his vast New Mexico ranch. Mr. Epstein over the years confided to scientists and others about his scheme, according to four people familiar with his … Read more

WOW: Hong Kong bankers join call for citywide strike over handling of outcry over extradition bill.

via scmp: Nearly 400 staff from across more than 30 institutions join up with unions in calling for action on Monday Organisers demand inquiry into government’s recent performance over controversial extradition bill Hundreds of workers at 34 banks joined calls for a citywide strike next week against the government’s handling of recent unrest which has rocked … Read more

CNN was manually abusing youtube’s copyright system to order take downs of commentators covering last night’s DNC debate (resulting in 90 day livestream bans for those channels).

by AssuredlyAThrowAway   One of CNN’s VPs suggested that fair use of such content, for the purposes of news reporting or commentary, was “piracy”. I’ve seen CNN do some pretty shady things over the years, including telling their viewers it was illegal for anyone but the news media to read wikileaks source documents, which were easily … Read more