Month: August 2012

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The NYPD is better at abusing your rights than protecting them

The recent Occupy Wall Street movement may have some misdirections, but like all groups in the US, they have the constitutional right to protest. While it may be written into law, police officers have repeatedly ignored these rights in favor of abusing disgruntled citizens, especially in New York City. Reason expands on a recent

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Too much secrecy is the problem, not the leaks

Washington D.C. has always been shrouded in secrecy, corruption and scandal. Law makers and politicians often use their authority to safeguard information detrimental to the security of the nation but the vast majority of the time, they use their power to simply cover-up incriminating evidence. CNN reports on Washington’s culture of secrecy and the major

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Taiwan is now exporting THIS commodity at record highs

When people think ‘Made in Taiwan’ they typically envision Taiwan’s electronics industry and  manufactured exports. This however is rapidly changing as Taiwan’s rice exports have been making a significant resurgence in both the Japanese and mainland Chinese markets. The Asia Times reports on this economic shift in commodities and the causes behind it: The door to both the

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Germany jumps on the drone bandwagon

The use of drones for both surveillance and assassination has been an extremely controversial issue with people evenly on both sides. The Obama presidency has been marred with the prolific use of drones both foreign and domestically, however it appears now that the German defense minister wants to follow in is footsteps. Reuters reports on the German support

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This is the dot-com bubble 2.0

In 2000 the NASDAQ crashed as a result of a massive bubble caused by speculation in pioneer internet companies, most notably Pets.com. Many people lost their jobs and investments because of the gross over-speculation. Unfortunately we are currently experiencing a similar bubble in the valuation of I.P.O.’s. The New York Times reports on this phenomenon and what it

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Regulations don’t work when the regulators are corrupt too

John Adams once famously wrote “If men were angels, no government would be necessary.” In this vein it is logical to conclude that since no man is an angel, it is extremely important to prevent mass power being given to sole individuals. This is especially true in banking. The recent scandal of Barclay’s manipulation of the

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Hong Kong’s not-so-free market

Investment bankers, Wall Street traders and international entrepreneurs alike view Hong Kong as an oasis of free markets and laissez faire government. This may be true to some extent if you’re setting up business that targets markets outside of Hong Kong, but if you’re looking a capitalize on domestic demand, sucess is almost impossible

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US citizens: Pay attention to this

August 3, 2012 Bergen, Norway I was sitting across from an impossibly blonde account executive this afternoon when I heard three words I never thought I’d hear at a foreign bank. “Are you Greek,” she asked me with a bit of a smile… me: “Uh, no. I have a US passport, among others…”

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More people drop-out of the workforce than find jobs in July

When President Obama first proposed his job stimulus bill, he predicted that by this time unemployment would be below 6% and the economy would make a significant recovery. That recovery is still a fantasy as for another month unemployment rose despite large numbers of people leaving the workforce all together. CNS News reports on

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Bad economy forces people to become entrepreneurs

Everyone world wide is aware that we are currently experiencing a global depression. Europe is in shambles because of multiple sovereign debt crises and the US debt is increasing at record rates. Many people view this trend as a severe negative but the current situation has also allowed for many positives and hidden opportunities.

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Myanmar’s development is being held back by US congress

Investors are always looking for the next region to emerge as an economic contender in order to get in at basement prices. Many analysts believe that the improving condition in Myanmar make it rich with opportunity for development.  The United States however still holds restrictions and bans over the country and it appears

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This is what’s driving the startup bubble

In the late 90’s, investors were riding high on a .com bubble that no one thought would ever pop. Hindsight is 20-20 however and we now realize the folly of our speculation. We are now witnessing another similar bubble as startups have been able to receive record amounts of money in an environment

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Democrats surprise by drafting a drone privacy bill

Under the democrat Obama administration, the use of drones both abroad and domestically has skyrocketed. The FAA has already approved thousands of requests for drone licenses and soon there will be no more privacy in the US. However in the wake of this shift, even democrats have had growing concerns over the abuse

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Google stands up to Texas Attorney General

Private corporations and governments alike have been making repeated requests for communication records and user data from big media entities like Twitter, Facebook and especially Google. Each company has had different policies for compliance and as requests for information increase in frequency, these policies have either become more or less permissive. All Things Digital reports

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A secret paradise for gun rights and residency

August 2, 2012 Bergen, Norway High up above Scandinavia about 75 degrees north latitude is an obscure archipelago that few people in the world know about, and even fewer have been to. It’s called Svalbard, population ~3,000. And while the islands are technically part of Norway, they come with some incredibly unique benefits

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