If you appreciate my work and want to contribute to independent media, consider becoming a monthly Patron, or visit the Support Page.
Top Links
Facebook Stock Drops 19%, Loses $120 Billion in Value (Looks increasingly like a bear market for stocks has begun, MarketWatch)
In Recording, Netanyahu Boasts Israel Convinced Trump to Quit Iran Nuclear Deal (Meddling? The Times of Israel)
Ecuador Will Imminently Withdraw Asylum for Julian Assange and Hand Him Over to the U.K. What Comes Next? (Terrible news, The Intercept)
Imran Khan Set to Become Pakistan’s Prime Minister (BBC)
Julian Assange Interviews Imran Khan (I highly recommend this, you’ll see all countries are basically dealing with the same problems, YouTube)
Venezuela to Remove Five Zeroes from Ailing Currency (Can’t make this up, Reuters)
Millennials Are so over U.S. Domination of World Affair (Generational cycles rule the world, The Conversation)
Liberalism and Empire (Very good short read, Current Affairs)
Safety Deposit Boxes May Not Be Safe After All (CBS Sacramento)
U.S. News/Politics
Meet the U.S. Officials Who Now Lobby for China (The Daily Beast)
Bernie Sanders and Alexandria Ocasio-Cortez Went to War with Partisanship in Kansas (The Intercept)
Two Private Equity Firms Just Created the Largest Private Provider of Public Safety Services in the U.S. (What could go wrong? TechCrunch)
ACLU: Amazon’s Facial Recognition Software Misidentifies Lawmakers, Least Accurate on Minority Members (This is going to get someone killed, The Hill)
Trump Mulls Move Against Intel Critics (The Hill)
Shaun King is “All In” with the FBI and CIA (Black Agenda Report)
Lawmaker Who Yelled Racial Slur, Exposed Himself on Sacha Baron Cohen TV Show Will Resign (The Hill)
San Francisco Bay Area Cities Are Cracking down on Free Food at Facebook and Other Tech Companies (Business Insider)
The Proud Boys Walk into a Bar. A Fight Breaks Out. (LA Times)
How Is This Shit Legal (Rant about what happened at the Daily News, The Concourse)
International News/WW3
Henry Kissinger Pushed Trump to Use Russia to Box In China (The Daily Beast)
The Burden Of Proof Is On The Russiagaters (Caitlin Johnstone, Medium)
Pakistan’s Khan in Coalition Talks with Small Party, Independents (Reuters)
UK Favors Extremism over Democracy in Syria (Middle East Eye)
UAE Ready to Take on Greater Security Burden in Middle East (Reuters)
Finance/Markets/Crypto
Decade After Crisis, a $600 Trillion Market Remains Murky to Regulators (Nothing to see here, CNBC)
Twitter May Be Testing a Tweet Edit Button, According to Screenshot (Mashable)
Left, Right and Center: Crypto Isn’t Just for Libertarians Anymore (CoinDesk)
Liberty Blitzkrieg Partners
Open the Books (Every Dime. Online. In Real Time)
In Liberty,
Michael Krieger
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G
Follow me on Twitter.
I tried to click on the link, but it said “forbidden”….
Venezuela knocking off zeroes is a hoot! As a long-time syngraphist (studier of paper money) I can say that many central banks have knocked off zeroes in inflationary times, and those zeroes magically grow back.
In the case of Zimbabwe, once they hit the hyperinflationary mark (prices doubling every 24 hours), the increase in the number of zeroes exceeded the bank’s ability to remove them! The infamous $100,000,000,000,000 note was due to be trimmed by twelve zeroes just as all faith in the currency collapsed. They could have removed 20 zeroes and made a -$10,000 bill if they wished, but if absolutely no business can be conducted with a bank note, there is no purpose to it, is there?
Turkey is another country infamous for zero theft. They have done so a couple of times and intend to do so again soon. However, since the policies that brought about rampant inflation are not going to change, “zero growth” is baked into the Turkish pie.
@Hansa J.
Thank you for this informative post. I’m so thankful I don’t live in Turkey, which is under a de facto dictatorship by the Islamic fundamentalist Recep Tayyip Erdoğan, or in Venezuela, which is under a de facto dictatorship with Nicolás Maduro Moros. Then again, my own nation is a de facto plutocratic oligarchic corporatocracy. It just lacks the creepy cult of personality centered on figures like Erdoğan and Moros. Or perhaps not, since #MAGA and “God Emperor” and “Golden Toad”, etc. all smack of cult of personality. But whereas Erdoğan and Moros will serve for life (unless forcibly ousted or murdered), presidential terms here are a very short four years.
Anyway, I hope to see you post more.