Post Tagged with: "civil liberties"
[Premium] On helicopter drops and wealth confiscation in Europe
Hugh Hendry made some remarks about confiscation last week that I addressed in my TV appearance on RT’s capital account (see video here). The gist of his comments was that he fears government’s ability to confiscate wealth as a means of dealing with the economic crisis in Europe. On RT, I said that I didn’t think the situation had reached that point in Europe and so I was not overly concerned. But I do want to flag comments by a major bank economist that touch on these issues
China Politics: Reflections from a One Party State
Perhaps because they call themselves Communists, many observers, think the party is homogeneous, but it is not. There are forces of movement and forces of order. A FT columnist recently wrote about the possible threat to the post-Mao consensus. That consensus was not so much on substance as process
Is US democracy being bought and sold?
The answer is yes. video below
Stop Censorship, Stop SOPA
Enemies of freedom will always tell you that there is some trade-off between freedom and civil liberties to get you to give up your freedom. This is a false dichotomy and always will be
News Links: The Assault on American Civil Liberties and Why Banks Back SOPA
Financial news for 12 January
Where are the safe havens?
My latest post at Credit Writedowns Pro on protecting wealth in a world of recurring crisis is now up. I outlined eight principal investing risks that I see for for 2012 and strategies to avoid those risks. At the same time, the thought you should have in the back of your head is that these are just the known unknowns. But that there are unknown unknowns which create so-called Knightean Uncertainty and make this a dangerous investing climate
Nonlinear Thinking: The Robot Soldier
Great piece from our friends at Al Jazeera. Looks like the military is no longer going to be the “employer of last resort.” Future veterans are going to highly trained in the cutting edge technology that will shape the next hundred years. Gives new meaning to “boots bots on the ground.”
Bernanke’s 29 Trillion Dollar Fog of Deceit
Congress should immediately call Chairman Bernanke in for testimony on the veracity of the Fed’s response to the Bloomberg report. It should demand a comprehensive accounting for all the Fed’s commitments, by institution that benefitted. Bernanke should explain what the Fed did, when it did it, why it did it, and in whose interests it has been operating since the GFC began. No more obfuscation. No more secrecy. No more fog of deceit
Foreign news: Is Amazon employing unemployed in Germany without compensation?
Foreign news links for 27 November 2011. We have a variety of links here today with most focused on the European sovereign debt crisis. Protest and terrorism are two other topics of great interest
News Links: Power to imprison civilians without charge or trial anywhere in the world
News links for 27 November
Your #1 Gold Risk
Similar to holding a diversified portfolio at a bank without checking the institution’s solvency, many investors keep their entire stash of precious metals inside one political system without considering the potential trap they’ve set for themselves. While storing some of your gold outside your home country is not a panacea, it does offer one important thing: another layer of protection
Pegs, Pomp, and Direct Democracy
In characteristic form, the currency traders and those who trade in what is dubbed “financial news” woke up last week and discovered, à la Rip Van Winkle, that the Swiss franc was a haven currency charging higher. Never you mind that it has been on a steady carabiner-and-rope-assisted climb for well over a year. The experts missed all the action and profit of the ascent until the flag was nearly planted at the summit – a sure sign of an interim top