First Trip Out in 2013

Friday, April 26th 2013

The winter is over and the warm weather has started to set in here in Maryland. Madison and I had been talking a lot lately about going fishing and it finally got to me, so I packed up her pink Barbie fishing rod and headed over to Shore Sportsman to get my licence for the year.
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The Surveillance State Gets a Boost in the Arm

If you follow me on social media, you know this was the one and only prediction I made about what the after math of the Boston Marathon bombings would come to. The increase in the roll out of the Surveillance State.

 

FORTUNE — Video surveillance is big business. Expect it to get bigger. After law enforcement used closed-circuit television (CCTV) cameras to help identify last week’s Boston bombing suspects, lawmakers and surveillance advocates renewed calls for increased numbers of cameras nationwide.

“We need more cameras, and we need them now,” ran a Slate headline.

Rep. Peter King (R-N.Y.) agrees. In an interview the day after the bombings with MSNBC’s Andrea Mitchell, he called for more video surveillance so that we can “stay ahead of the terrorists.”

Read more at the link below

http://management.fortune.cnn.com/2013/04/26/video-surveillance-boston-bombings/

France Announces Historic Currency Deal With China

Some of you are going to say “Black Swan”. Others will no doubt not be surprised by this at all. China since at least 2010 has been actively subverting the dollar and they have not been quiet about their intent either.

From the article:

 

As important as it is for France to increase trade with China, especially as Europe struggles through its debt crisis, this deal may prove to be even more important to Chinaas it wages its currency campaign to remove the dollar as the world’s reserve currency.

Over the past two years, China has announced a string of yuan internationalization efforts that are systematically chipping away at the dollar’s importance to global trade. Financial blog Zero Hedge reports: “One more domino in the dollar reserve supremacy regime falls. [T]he announcement two weeks ago that ‘Australia and China Will Enable Direct Currency Convertibility’ … was the culmination of two years of yuan internationalization efforts as summarized by the following”:

“World’s Second- (China) and Third-Largest (Japan) Economies to Bypass Dollar, Engage in Direct Currency Trade”

“China, Russia Drop Dollar in Bilateral Trade”

“China and Iran to Bypass Dollar, Plan Oil Barter System”

“India and Japan Sign New $15bn Currency Swap Agreement”

“Iran, Russia Replace Dollar With Rial, Ruble in Trade, Fars Says”

“India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees,” and

“The USD Trap Is Closing: Dollar Exclusion Zone Crosses the Pacific as Brazil Signs China Currency Swap”

Read the full story at the link below

https://www.thetrumpet.com/article/10570.18.0.0/economy/france-announces-historic-currency-deal-with-china

The Tor Project – How Governments Have Tried to Block Tor

I did not have the time to watch this in one fell swoop and had to break it up in 15 minute chunks. This presentation is an absolute must watch for those of you out there who are even remotely involved in the Liberty movement in any way.

I never really understood how peoples lives depend on encryption and anonymity until I watched this. There are people, presumably thousands, who have died a torturous, brutal death, because of the Surveillance State. Please take the time to listen to this.

I have more to say on this and when I get the time I’ll post it. In the mean time I highly recommend you visit The Tor Project, download the software and start learning how to use it.

Bill Cooper Annihilates A Nazi

This is must listen to audio. It gets really great at about the 20 minute mark. I never had the chance to hear Bill Cooper’s show, but I am sorry to have missed it. He apparently a man of great common sense.

On The Boston Marathon Bombings

Ask yourself these simple, logical, question. Who benefits from this attack? Will the so called enemy be in a better position because of this attack or will the government be in a better position? What will be the governments response in terms of new policies that take away freedoms versus advancing liberty in the name of this attack? Those questions will lead to a better understanding of what took place and what is to come.

As to who did it? Does it really matter? I think it does not. The reaction is what is most important.

 

On Bitcoin

I’m drafting a post on bitcoin and my thoughts on it. However the recent crash and halt to trading on MtGox has forced me to comment before my post is complete.

First the links.

Natural News - Conclusion: Bitcoin is a failed currency experiment; not ready for prime time

Market-Ticker - Destruction of BitCon-Accepting Businesses

The Daily Bell – On Bitcoin and Bubbles

There are more however those three should be sufficient to see the point. The last one  - On Bitcoin and Bubbles, I will take apart in my later post, suffice it to say that here is yet another person who has made no effort to actually understand bitcoin from a fundamental or technical perceptive. Let alone try to use it like myself. I opened a free bitcoin wallet and they gave me .01 bitcoin, which was perfect for me to test it out. No need for heavy investments here to get a deep understanding of how bitcoin operates. But I digress.

Since the crash and subsequent halting of trading on MtGox (MtGox is not Bitcoin!!!! Though at this time they are very important to the currency itself.) All the naysayers are coming out with there “See I told you so” fingers. To them I say, go stick that finger where the sun don’t shine!!!

First of all, the people who are bitching the most are the very ones who espouse to be either Libertarian, anti-Federal Reserve, anti-Wall Street, anti-Corporatists, anti-crony Capitalist, and pro Free Markets. Yet when given the single most important development in currency since the dawn of gold as money, instead of jumping in and trying to figure out how to 1) make it work 2) advance the idea, awareness, and knowledge of Bitcoin, and 3) take even the rudimentary steps that I did to personally understand it, they would rather cling to their rhetoric than live up to it.

I have a lot of respect for Karl Denninger, but for someone who espouses to be a libertarian to even make the arguments that taxes and regulation are really what legitimizes a currency (I’m paraphrasing) should be slapped upside the head with a hard bound copy of Atlas Shrugged, then hit again with the hard bound scholars edition of Human Action, followed by the hardbound volumes of the collective works of Rothbard who was a real Libertarian.

This is the free market at it’s finest. Bubbles happen. The question is, do you have balls enough to put your money where your mouth is? Or do you just want to sit around selling subscriptions to newsletters and hocking gold and silver sales, while looking like your doing something?  There is going to be problems like DDoS attacks, and exploits in the protocol. But those are just the growing pains.

In fact it was because people’s gold and silver were not exactly safe tucked away under their mattress that gave rise to the fractional reserve banking system lo those hundreds of years ago. People are going to have their bitcoins stolen as exploits are introduced into the system. It’s a fact. If they had no value then there would be no risk. But unlike other monies, this one you will not need to take your money out of your control in order for it to be safe(er). Rather the protocol get’s patched as the problem is dealt with and everyone who uses the system benefits.

Damit I am tired of so many people out there who simply want to whine and complain and not actually do a dam thing about it. Bitcoin and other cryptocurrencies like litecoin, are not the problem, they are the solution. If you don’t think so, fine. Don’t use it. Critique it and make people aware of REAL problems with it. Not sophomoric, rationalizations that don’t even apply.

I’m going to repeat this one more time – THIS IS THE FREE MARKET! PUT YOUR BIG GIRL PANTIES ON!