Obama’s Graduation Speech: Reject Voices Warning of “Tyranny”

It is incredible to me that Obama felt the need to address this subject during a graduation speech at Ohio State University.  It is without question proof that the Obama administration is well aware of the growing dissent across the land, and is attempting to sway these impressionable youngsters toward obedience to the state using … Read more

Introducing The Liberty Mastermind Conference: Dallas June 28-29

I’m extremely pleased to formally announce my participation in what is sure to be an amazing conference in Dallas the weekend of June 28-29.  The event has been set up by Kerry Lutz and Robert Ian and the lineup is extraordinary, including Martin Armstrong, Bill Murphy of GATA, David Morgan, Jeff Berwick, myself and many more. The … Read more

Former FBI Agent: All Phone Conversations are Recorded and Stored

So it seems the surveillance state just had its coming out party on CNN.  In this interview with Erin Burnett, former FBI counterterrorism agent Tim Clemente admits that the feds have access to pretty much everyone’s telephone conversations.  Also pay attention to the smirk on his face as he admits this disturbing reality.


Glenn Greenwald at the Guardian wrote an excellent piece yesterday on this exact topic.  Some of my favorite excerpts:

The real capabilities and behavior of the US surveillance state are almost entirely unknown to the American public because, like most things of significance done by the US government, it operates behind an impenetrable wall of secrecy. But a seemingly spontaneous admission this week by a former FBI counterterrorism agent provides a rather startling acknowledgment of just how vast and invasive these surveillance activities are.

Over the past couple days, cable news tabloid shows such as CNN’s Out Front with Erin Burnett have been excitingly focused on the possible involvement in the Boston Marathon attack of Katherine Russell, the 24-year-old American widow of the deceased suspect, Tamerlan Tsarnaev. As part of their relentless stream of leaks uncritically disseminated by our Adversarial Press Corps, anonymous government officials are claiming that they are now focused on telephone calls between Russell and Tsarnaev that took place both before and after the attack to determine if she had prior knowledge of the plot or participated in any way.

“All of that stuff” – meaning every telephone conversation Americans have with one another on US soil, with or without a search warrant – “is being captured as we speak”.

Let’s repeat that last part: “no digital communication is secure”, by which he means not that any communication is susceptible to government interception as it happens (although that is true), but far beyond that: all digital communications – meaning telephone calls, emails, online chats and the like – are automatically recorded and stored and accessible to the government after the fact. To describe that is to define what a ubiquitous, limitless Surveillance State is.

There have been some previous indications that this is true. FormerAT&T engineer Mark Klein revealed that AT&T and other telecoms had built a special network that allowed the National Security Agency full and unfettered access to data about the telephone calls and the content of email communications for all of their customers. Specifically, Klein explained “that the NSA set up a system that vacuumed up Internet and phone-call data from ordinary Americans with the cooperation of AT&T” and that “contrary to the government’s depiction of its surveillance program as aimed at overseas terrorists . . . much of the data sent through AT&T to the NSA was purely domestic.” But his amazing revelations were mostly ignored and, when Congress retroactively immunized the nation’s telecom giants for their participation in the illegal Bush spying programs, Klein’s claims (by design) were prevented from being adjudicated in court.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Meet “The Liberator”: The World’s First Fully 3D-Printed Firearm

3D-printing, like decentralized crypto currencies, have the potential to change the world in which we live in extraordinary ways. Ways that are almost inconceivable at this point given we are so early in the game. More than anything else, these technologies can empower the individual like never before, and I think that is generally a very good thing.

I first covered the impact of 3D-printing on the firearms industry in January in my post 3D-Printing Meets the 2nd Amendment, where I discussed Defense Distributed’s success in printing magazines for semi-automatic weapons.  At the time, their next major goal was to print a fully functioning firearm. They have now done just that.  From Forbes:

Eight months ago, Cody Wilson set out to create the world’s first entirely 3D-printable handgun.

Now he has.

Early next week, Wilson, a 25-year University of Texas law student and founder of the non-profit group Defense Distributed, plans to release the 3D-printable CAD files for a gun he calls “the Liberator,” pictured in its initial form above. He’s agreed to let me document the process of the gun’s creation, so long as I don’t publish details of its mechanics or its testing until it’s been proven to work reliably and the file has been uploaded to Defense Distributed’s online collection of printable gun blueprints at Defcad.org.

All sixteen pieces of the Liberator prototype were printed in ABS plastic with a Dimension SST printer from 3D printing company Stratasys, with the exception of a single nail that’s used as a firing pin. The gun is designed to fire standard handgun rounds, using interchangeable barrels for different calibers of ammunition.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Forget Horse Meat or Fake Tuna, Rat Meat is Being Sold as Lamb in China

It seems as if those engaged in food fraud just want to keep escalating their game.  First we were horrified by horse meat and fake tuna, then dog meat, but now it’s gotten worse.  Much worse.  In China, the food fraudsters have take things to an entirely new level by mixing rat, fox and mink meat with gelatin additives and passing it off as lamb.  You may want to avoid that food cart next time you’re in Shanghai.  From The Washington Post:

BEIJING — Chinese police have broken up a criminal ring accused of taking meat from rats and foxes and selling it as lamb in the country’s latest food safety scandal.

The Ministry of Public Security released results of a three-month crackdown on food safety violators, saying in a statement that authorities investigated more than 380 cases and arrested 904 suspects.

Among those arrested were 63 people who allegedly ran an operation in Shanghai and the coastal city of Wuxi that bought fox, mink, rat and other meat that had not been tested for quality and safety, processed it with additives like gelatin and passed it off as lamb.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

How Japan’s “Stealth Constitution” Destroys Civil Rights and Sets the Stage for Dictatorship

If there was ever a clear sign that the leadership of Japan is fully aware that the country is about enter a terminal economic catastrophe this is it. Using the cover of currency devaluation and a rising stock market, Japan’s Prime Minister, Shinzo Abe, is attempting to make it easier to change the country’s constitution so that they can eliminate freedom of speech and set the stage for a military dictatorship.  Reuters reports that:

The draft deletes a guarantee of basic human rights and prescribes duties, such as submission to an undefined “public interest and public order.” The military would be empowered to maintain that “public order.”

This article will blow your mind.  Some key excerpts:  

(Reuters) – Shinzo Abe makes no secret of wanting to revise Japan’s constitution, which was drafted by the United States after World War Two, to formalize the country’s right to have a military – but critics say his plans go deeper and could return Japan to its socially conservative, authoritarian past.

Abe, 58, returned to office in December for a second term as prime minister and is enjoying sky-high support on the back of his “Abenomics” recipe for reviving the economy through hyper-easy monetary policy, big spending and structural reform.

However, sweeping changes proposed by Abe’s Liberal Democratic Party (LDP) in a draft constitution would strike at the heart of the charter with an assault on basic civil rights that could muzzle the media, undermine gender equality and generally open the door to an authoritarian state, activists and scholars say.

Abe’s grandfather Nobusuke Kishi was a pre-World War Two cabinet minister who was arrested but never tried as a war criminal. Kishi served as premier from 1957-60, when he resigned due to a furor over a U.S.-Japan Security Treaty.

If you’re like me, you may have to read the above paragraph twice.  Absolutely incredible.

“The real concern is that a couple of years later, we move to a redefinition of a ‘new Japan’ as an authoritarian, nationalist order,” said Yale University law professor Bruce Ackerman.

You can guarantee that will happen as soon as that country enters its final economic death spiral.

“The current constitution … provides protection for a long list of fundamental rights – freedom of expression, freedom of religion,” said Meiji University professor Lawrence Repeta. “It’s clear the leaders of the LDP and certain other politicians in Japan … are passionately against a system that protects individual rights to that degree.”

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Barrack Obama Celebrates May 1st as “Loyalty Day” with an Orwellian Statement

While some alternative media sources are implying that Obama has decided to declare May 1 “Loyalty Day,” this is actually not true. From my very brief research, it appears that this Orwellian “holiday” was created by public law 85-529 in 1958.  Clearly the intent was to remove the occasion as one where labor traditionally stood … Read more

Las Vegas Housing: 8% of Single Family Homes Vacant, Yet New Construction Permits Up 50%

If there is any market that demonstrates the complete and total misallocation of capital that results from Banana Ben Bernanke’s money printing and artificially low interest rate policy, it the latest phony American housing bubble. With a record numbers of citizens on the food stamp electronic breadline, with unemployment stubbornly high no matter what data you use, billionaire financial oligarchs are running around bidding up “homes for rent” and pricing out the random average person that actually has the capacity or desire to bid. I just read an excellent article that demonstrates the degree of insanity that has now been unleashed upon the streets of Las Vegas.

As the title of the post mentions, a study from the University of Nevada at Las Vegas show some 40,000 homes are vacant, or 8% of the metropolitan area’s single-family housing stock.  So it would seem that this would provide plenty of good deals for investors right?  Certainly there doesn’t seem to be a need for new home construction.  Well think again!  In their QE-forever induced delirium, homebuilders have gone Chinese and in Las Vegas “permits for new home construction are up 50 percent, twice the national average.”

My favorite line in the entire article comes at the end when a prospective buyer explains what happens when an actual citizen attempts to purchase a home to actually live in:

“We know there is a minute chance we get anything,” she says. “The most frustrating part of all this is how home prices keep going up and up, yet you have so many empty homes.”

Oh and it seems Oaktree has followed Och Ziff’s lead and pulled back from the “buy to rent” insanity.  Soon all that will be left are the dumb money and homebuilders, who should start thinking about what kind of bailout they will lobby for when this entire thing unravels.  From Reuters:

These big investors and a handful of others have bought at least 55,000 single-family homes across the U.S. in the past year. In the Vegas area alone, they have accounted for at least 10 percent of the homes sold since January 2012, according to a Reuters analysis of housing transactions.

That added firepower helps explain why home prices in this metropolitan area of 2 million people are up 30 percent over a year ago, far more than the national average of 10 percent. Permits for new home construction are up 50 percent, twice the national average.

Las Vegas would seem a highly unlikely locale for a new housing bubble. There are at least 20,000 homes in some stage of foreclosure, and the jobless rate hovers near 10 percent, some two points above the U.S. average. A healthy housing market depends on people having good-paying jobs so they can accumulate down payments and finance their mortgages.

Healthy markets?  That’s so last century!

Cracks are showing in Vegas and beyond. Here, rents on single-family homes were down an average of 1.9 percent in March from a year ago. In other regions targeted by institutional buyers, such as Phoenix, Southern California, Atlanta and Florida, rents are either falling or flat, according to online real estate service Trulia.

Industry insiders estimate that roughly half of the more than 55,000 homes acquired by institutions over the past year in the U.S. have yet to be rented.

In Oceania, that is a market signal for build more homes.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Another Day, Another Temper Tantrum from Mayor Bloomberg

It is just incredible how quick NYC Mayor Michael Bloomberg is to throw a temper tantrum whenever anyone dares question his crusade to rid the nation of its remaining civil liberties.  In this case, his targets are those that criticize his feudalistic and extraordinarily racist “stop and frisk policy,” which I highlighted last October in my post: The Hunted and the Hated: An Inside Look at the NYPD’s Stop-and-Frisk Policy.

So now that the policy is being questioned in court, Bloomberg has once again transitioned into his usual role as a petulant child.  Scott Shackford at Reason.com did a great job covering his latest nonsensical outburst.  First he quotes the New York Times:

Speaking at Police Headquarters, Mr. Bloomberg took a swipe at those suing the department in Federal District Court in Manhattan over the stop -and-frisk practices, but he saved his strongest words for legislators and mayoral candidates “playing politics with people’s lives.”

“Look at what’s happened in Boston,” Mr. Bloomberg said. “Remember what happened here on 9/11. Remember all of those who’ve been killed by gun violence and the families they left behind.”

Remember Boston!  Remember 9/11!  This guy has zero shame.  All he does is immediately exploit national tragedies to advance his surveillance state agenda.

Scott then goes on to write:

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Court Decided it’s OK to Not Hire Cops with High IQs

I heard about this case a while ago, but never got around to posting it previously.  Amazingly, back in September 2000 the 2nd U.S. Circuit Court of Appeals in New York decided it is lawful for the New London, Connecticut Police Department to not hire Robert Jordan on the basis that he is too intelligent for the job. Unfortunately, I’m not making this up.  While this is more than a decade old, I think everyone should be aware of it.  From ABC News:

A man whose bid to become a police officer was rejected after he scored too high on an intelligence test has lost an appeal in his federal lawsuit against the city.

“This kind of puts an official face on discrimination in America against people of a certain class,” Jordan said today from his Waterford home. “I maintain you have no more control over your basic intelligence than your eye color or your gender or anything else.”

Jordan, a 49-year-old college graduate, took the exam in 1996 and scored 33 points, the equivalent of an IQ of 125. But New London police interviewed only candidates who scored 20 to 27, on the theory that those who scored too high could get bored with police work and leave soon after undergoing costly training.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.