Samsung Applies for “Smart Contact Lens” Patent

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Here’s another one for the “brave new world” files.

The Guardian reports:

Samsung is exploring the development of a contact lens that can project images directly into the users’ eye, take photographs and connect wirelessly to a smartphone, a patent application has revealed.

The South Korean copyright authority has published a 29-page application made by the consumer electronics firm two years ago, reported the technology blog Sammobile, offering a rare insight into a science fiction vision of a future technology that could be closer than we think. 

The lens could overlay internet-connected services directly into the user’s line of sight, in an example of what is known as augmented reality. It could also discreetly – even covertly – take photographs. The device would be controlled by eye movements or blinking, according to the patent, and it would connect with a smartphone.

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Blast From the Past – Hillary Clinton vs. Bernie Sanders on Panama

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Unlike most politicians, Bernie Sanders becomes increasingly impressive the more you learn about him. Forget for a moment whether you think the tax dodging strategies popularized by the Panama Papers are ethical or not, it’s important to note that Bernie Sanders publicly warned about an expansion in such behavior all the way back in 2011. On the other hand, Hillary Clinton and Barack Obama pushed for legislation that made such controversial strategies easier, under the guise of “free trade” with Panama.

First, here’s what Senator Sanders had to say on the matter in 2011:

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Liberty Links 4/5/16

13 links today. Enjoy. Yanis Varoufakis: Why We Must Save the EU (Ignore the title, it’s a phenomenal read, The Guardian) 15 Out Of 15 Most Recent EU Terrorists Were Known To The Authorities In Multiple Ways (TechDirt) Americans Show Up in the Panama Papers, Too (No one remotely important, why am I not surprised, McClatchyDC) Sanders … Read more

The ECB’s Insane Monetary Policy is Creating a Rush Into Derivatives

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One of the most catastrophic things central banks have done in the post financial crisis period is destroy financial markets. Investors are no longer investors, they’re merely helpless rats running around the lunatic central planning maze desperately attempting to survive by front running the latest round of central bank purchases.

While actual macroeconomic and corporate fundamentals do still exert influence on financial asset prices from time to time, the far bigger driver of performance over the past several years is central bank policy. To understand just how destructive this is, recall what we learned in last month’s post, Japan’s Bond Market is One Gigantic Joke – “No One Judges Corporate Credit Risks Seriously Anymore”:

TOKYO — Fixed-income investors in Japan are increasingly assessing bonds based on their likelihood of being bought by the central bank, rather than the creditworthiness of the issuers.

Still, the fund manager desperately wanted to get hold of the bond because he bets that debt issued by Mitsui and other trading houses will be picked up by the Bank of Japan in its bond purchase program.Even if an investor buys a bond with a subzero yield, the investor could sell it to the central bank for a higher price, the thinking goes.

“It goes to show that no one judges corporate credit risks seriously anymore,” said Katsuyuki Tokushima at the NLI Research Institute.

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Yanis Varoufakis Issues a Major Warning to the Greek People

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Varoufakis said that Schäuble, Germany’s finance minister and the architect of the deals Greece signed in 2010 and 2012, was “consistent throughout”. “His view was ‘I’m not discussing the program – this was accepted by the previous [Greek] government and we can’t possibly allow an election to change anything.

 “So at that point I said ‘Well perhaps we should simply not hold elections anymore for indebted countries’, and there was no answer. The only interpretation I can give [of their view] is, ‘Yes, that would be a good idea, but it would be difficult. So you either sign on the dotted line or you are out.’”

– From last year’s post:  Everything You Need to Know About the Greek Crisis and ECB Fascism in Two Paragraphs

By now, most of you have heard about Wikileaks’ release of internal deliberations between the top two IMF officials in charge of managing the Greek debt crisis – Poul Thomsen, the head of the IMF’s European Department, and Delia Velkouleskou, the IMF Mission Chief for Greece.

In nutshell, the two discussed whether or not a new credit crisis would be required in order to force EU creditors to agree with the IMF’s debt relief objective. Shedding some much needed perspective on the situation, former Greek finance minister Yanis Varoufakis has chimed in, and he makes one thing perfectly clear — no matter who comes out ahead in this dispute (the IMF or the EU), it will be the Greek people who lose.

Here are a few excerpts from his op-ed published at Der Spiegel.

The feud between the International Monetary Fund (IMF) and the European side of Greece’s troika of creditors is old news. However, Wikileaks’ publication of a dialogue between key IMF players suggests that we are approaching something of a hazardous endgame.Ever since the first Greek ‘bailout’ program was signed, in May 2010, the IMF has been violating its own “primary directive”: the obligation not to fund insolvent governments. As a result, the IMF’s leadership has been facing a revolt from its staff members who demand an exit strategy arguing that, if the EU continues to obstruct the debt relief necessary to restore the solvency of the Greek government, the IMF should leave the Greek program.

Five years on, this IMF-EU impasse continues, causing a one-third collapse of Greek GDP and fuelling hopelessness to a degree that has made real reform harder than ever.

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Are Corporate Gatekeepers Protecting Western Elites from the Leaked Panama Papers?

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As someone who spends most of his waking hours trying to make sense of the world around him, the Panama Papers leak seemed to represent one of those stories that only come around once or twice a year, if that. However, unlike with the Snowden leaks, the more media coverage I read surrounding shell company assembly line law firm Mossack Fonseca, the more I was left with a nagging sensation that something was just not right. Something felt off, but I couldn’t put my finger on it. Then along came an article by Craig Murray, which offered a plausible explanation of what had been nagging me.

First, many of you won’t know who Craig Murray is. Here’s a quick description of the man from his own website:

Craig Murray is an author, broadcaster and human rights activist. He was British Ambassador to Uzbekistan from August 2002 to October 2004 and Rector of the University of Dundee from 2007 to 2010.

With that out of the way, I want to turn your attention to the very interesting article he penned, Corporate Media Gatekeepers Protect Western 1% From Panama Leak:

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Inaugural Interview on the Corbett Report – Erik Prince, the Rogue Mercenary Under Federal Investigation

On Tuesday, I had the distinct pleasure of being a guest on the always informative Corbett Report, hosted by James Corbett. I’ve been following James’ work for quite some time, so I knew it would be an excellent deep-dive conversation. I’m pleased to say it turned out even better than I had hoped. This was one of the … Read more

Andrés Sepúlveda Comes Clean From a Colombian Jail – This is How You Hack a Presidential Election

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In July 2015, Sepúlveda sat in the small courtyard of the Bunker, poured himself a cup of coffee from a thermos, and took out a pack of Marlboro cigarettes. He says he wants to tell his story because the public doesn’t grasp the power hackers exert over modern elections or the specialized skills needed to stop them. “I worked with presidents, public figures with great power, and did many things with absolutely no regrets because I did it with full conviction and under a clear objective, to end dictatorship and socialist governments in Latin America,” he says. “I have always said that there are two types of politics—what people see and what really makes things happen. I worked in politics that are not seen.”

Rendón, says Sepúlveda, saw that hackers could be completely integrated into a modern political operation, running attack ads, researching the opposition, and finding ways to suppress a foe’s turnout. As for Sepúlveda, his insight was to understand that voters trusted what they thought were spontaneous expressions of real people on social media more than they did experts on television and in newspapers. He knew that accounts could be faked and social media trends fabricated, all relatively cheaply. He wrote a software program, now called Social Media Predator, to manage and direct a virtual army of fake Twitter accounts. The software let him quickly change names, profile pictures, and biographies to fit any need. Eventually, he discovered, he could manipulate the public debate as easily as moving pieces on a chessboard—or, as he puts it, “When I realized that people believe what the Internet says more than reality, I discovered that I had the power to make people believe almost anything.”

Sepúlveda says he was offered several political jobs in Spain, which he says he turned down because he was too busy. On the question of whether the U.S. presidential campaign is being tampered with, he is unequivocal. “I’m 100 percent sure it is,” he says.

– From the excellent Bloomberg article: How to Hack an Election

Yesterday, Bloomberg published one of the most fascinating articles I’ve read all year. Below are some choice excerpts from the piece, which I encourage you to read in full.

It was just before midnight when Enrique Peña Nieto declared victory as the newly elected president of Mexico. Peña Nieto was a lawyer and a millionaire, from a family of mayors and governors. His wife was a telenovela star. He beamed as he was showered with red, green, and white confetti at the Mexico City headquarters of the Institutional Revolutionary Party, or PRI, which had ruled for more than 70 years before being forced out in 2000. Returning the party to power on that night in July 2012, Peña Nieto vowed to tame drug violence, fight corruption, and open a more transparent era in Mexican politics.

Two thousand miles away, in an apartment in Bogotá’s upscale Chicó Navarra neighborhood, Andrés Sepúlveda sat before six computer screens. Sepúlveda is Colombian, bricklike, with a shaved head, goatee, and a tattoo of a QR code containing an encryption key on the back of his head. On his nape are the words “</head>” and “<body>” stacked atop each other, dark riffs on coding. He was watching a live feed of Peña Nieto’s victory party, waiting for an official declaration of the results.

When Peña Nieto won, Sepúlveda began destroying evidence. He drilled holes in flash drives, hard drives, and cell phones, fried their circuits in a microwave, then broke them to shards with a hammer. He shredded documents and flushed them down the toilet and erased servers in Russia and Ukraine rented anonymously with Bitcoins. He was dismantling what he says was a secret history of one of the dirtiest Latin American campaigns in recent memory.

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Liberty Links 4/1/16

13 links today. Enjoy! Feds Left ‘Explosives’ Material Aboard School Bus After Training Exercises, Parents Told (Speechless, Fox News) Reddit Deletes Surveillance ‘Warrant Canary’ in Transparency Report (Reuters) FBI Is Pushing Back Against Judge’s Order to Reveal Tor Browser Exploit (Oh the irony, Motherboard) EU Sanctions 3 Top Libyans for Blocking UN-Backed Government (Notice all … Read more

Meet Alexandra Elbakyan – The 27 Year Old Student Who Put 50 Million Stolen Research Articles Online

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The issue of academic journals and whether or not they should be available to everyone for free online was a topic that catapulted into the national consciousness a little over three years ago with the untimely and tragic death of child prodigy Aaron Swartz.

For those of you not up to speed on that story, here’s a brief summary from the post, Remembering Internet Prodigy and Activist Aaron Swartz (1986-2013): Your Life is an Inspiration:

Aaron ran afoul of the law due to his actions in the fall of 2010 when he downloaded millions of academic journal articles from the nonprofit online database JSTOR.  While JSTOR could have pursued charges against Aaron for his activities, they decided against it.  However, our Federal Government was not so kind.  They decided to make an example of Aaron and charged him with multiple felonies.  Charges that carried up to 35 years in prison and $1 million in fines.  Aaron was found dead in his Brooklyn apartment this past Friday, in an apparent suicide.

Many contend, and I agree with them, that the U.S. government is responsible for driving Aaron to his death by going after him as if he was a mass murderer for an act of civil dissidence.

Interestingly enough, attempts to scare others from following in his footsteps have backfired spectacularly, as the actions of 27-year old Alexandra Elbakyan of Kazakhstan demonstrate.

As reported by the Washington Post:

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