Month: June 2012

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Chicago police paying to disarm citizens

When the American founders wrote and approved the “right to bear arms”, the intention was that if the government ever became too authoritarian, the people could raise a militia and rebel just like the founders themselves had done. Since the signing of the document over 200 years ago, many Americans have forgotten the real purpose

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A major risk to Australia’s newspaper independence

Rupert Murdoch, the 81 year old news-mogul who is the chairman and CEO of News Corp, has been known for the gross amount of influence he’s had in the bias of his publications. Now another Australian born media mogul has their sights on a major newspaper but their are serious concerns about the

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Online censorship comes to western democracies

Censorship has become commonplace in non-western countries like China and North Korea, however a recent report from Google indicates that even western democracies have been trying to censor politically conflicting websites. Countries like Spain, Poland and even Canada have all submitted requests for the removal of content from the search engine. The Guardian reports: There

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Sentiment vs. Reality: Total disconnect

June 19, 2012 Vilnius, Lithuania Exactly three years ago, we launched this daily e-letter… and needless to say, it’s been eventful. It should be clear by now that the topics we routinely discuss in our daily conversations are actually happening: – The grand fiat experiment is unraveling. – Governments are, in fact, going bankrupt. –

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How to create green US jobs by outsourcing to China

Green energy has been a big platform for 2012 Obama campaign, however he has recently come under severe criticism for the way he’s executed his green energy initiatives. The bankruptcies of companies like Solyndra have caused people to question the current viability of solar panel manufacturing. Here’s an opinion piece from Forbes written by executives at Urban

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Stocks rally after Greek vote…but not just in Europe

Over the weekend, the global markets were all holding their breathes in anticipation of a possible Greek exit from the Eurozone. The New Democrat party won by the slimmest of margins on Sunday and now even the Asian markets have shown their relief in a slight rebound Monday morning. However, this appears to

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America’s immigration problem is now an emigration problem

Human migration is one of the largest side effects of strengthening and weakening economies. Migration is not only the movement of people, but also the transfer of their talents and resources. One of the largest migrations over the past 50 years has been the immigration of Mexicans into the United States, however as the economic

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The experiment has failed. Are you ready?

June 18, 2012 Vilnius, Lithuania After about an hour’s worth of air traffic congestion delays around JFK airport, I finally departed New York City yesterday evening en route for Vilnius, Lithuania… one of my favorite inconspicuous corners of Europe. The route took me through Helsinki, Finland for a brief connection, and I was on the ground long

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China insinuates US hypocrisy… Facts agree

The United States government has continuously and unapologetically given gross subsidies to countless industries in an attempt to appease lobbyist and give these industries an unfair competitive advantage. The WTO has historically condemned these actions like Brazil’s complaint of the US over-subsidizing their corn and soybean industry as well as Airbus’s complaint of NASA giving

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Entrepreneurs get paid $100,000 to drop out of college

Student loan debt has grown to the trillions and that number doesn’t look to decline as the cost of education continues to rise and having a degree is the only way most people know to improve their job prospects. However, in this technological age with college dropouts like Bill Gates and Mark Zuckerberg making billions,

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The most important safeguard from financial catastrophe

Despite nations’ current infatuation with trying to build a debt based economy, the financial fundamental of growth through savings is still as tried and true today as it has ever been. However, fewer people now actually know the right amount they should save to prepare for a financial catastrophe. According to an Federal Reserve poll, regardless of income

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Greece bans election polls to reduce national panic

The upcoming Greek election on Sunday holds huge implications for the country as well as the entire Eurozone as the fate of Greece’s membership rest in the balance. Much hysteria has ensued over the possibility of returning to the Drachma as well as the proposed austerity measures that would take place if Greece stays with the

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US realtors are selling more houses… just not to Americans

Ever since the housing bubble popped in 2007, the U.S. real-estate market has seen very little growth. While this is bad for homeowners who are underwater on their mortgages, the weak housing market has provided serious opportunities for buyers with cash on hand. One group in particular that have been taking advantage of the bottom barrel prices

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The blowback and collateral damage of cyber-warfare

We are living in a digital age and with that luxury also comes new dangers. Groups like WikiLeaks and Anonymous have harnessed the internet to promote free speech and their political agenda while countries like Israel and the United States are utilizing hacking to engage in cyber-attacks. With President Obama recently bragging that the US

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Mission Accomplished.

June 13, 2012 New York City In Medieval Europe when most people were living short, brutish lives wallowing in muddy serfdom, there was one city that served as a shining economic beacon for the rest of the continent: Venice. At the time, Venice was one of the richest places in the known world, underpinned by its

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