British Olympic Athlete 'Robbed At Gunpoint'; Officials Warn Of Curfew, Say "Rio Is Not A Safe Environment"
Wolf here: Microsoft has driven me nuts while it was trying to install its “free” Windows 10 on my two computers running Windows 7. The only thing it hasn’t done – not yet at least – is hold a gun to my head. I already know that if I get something for free, I’m the product.
This here is a “deep dive” by people who know and who deal with this sort thing, the Electronic Frontier Foundation. Read and gnash your teeth.
Microsoft had an ambitious goal with the launch of Windows 10: a billion devices running the software by the end of 2018. In its quest to reach that goal, the company aggressively pushed Windows 10 on its users and went so far as to offer free upgrades for a whole year. However, the company’s strategy for user adoption has trampled on essential aspects of modern computing: user choice and privacy. We think that’s wrong.
One day in the not too distant future, a major emergency will strike this nation, and that will set off a round of hoarding unlike anything we have ever seen before. Just think about what happens when a big winter storm or a hurricane is about to hit one of our major cities – inevitably store shelves are stripped bare of bread, milk, snow shovels, etc. Even though winter storms and hurricanes are just temporary hurdles to overcome, they still cause many people to go into panic mode. So what is going to happen when we have a real crisis on our hands?
We profiled Carl Icahn’s notorious bearishness most recently two weeks ago when we showed that for the second quarter in a row, the billionaire’s hedge fund, Icahn Enterprises had kept on its record short bias, manifesting in a net -149% market exposure.
Unlike other hedge fund managers, however, Icahn does not provide monthly letters explaining his mindset which is why we eagerly watched a expansive, 40 minute interview he gave to Bloomberg’s Erik Shatzker, in which in addition to a detailed discussion of Trump and how the Republican presidential candidate would change the US economy, he shared some much needed insights into his gloomy vision of the market.
Trust in public power companies misplaced … Former Labor minister Patrick Conlon urges carbon price to fix electricity system … A SENIOR Labor figure is urging a carbon price on electricity to lower household bills by kickstarting investment in new-generation power plants. – The Advertiser
Australian politicians have been obsessed with taxing carbon ever since the tax was briefly imposed and then repealed in mid-2104 by former prime minister Tony Abbott.
In fact, the Australian Labor Party wants up to half of the nation’s electricity to come from “renewables” by 2030. Former Labor state energy minister Patrick Conlon obviously endorses this position.
When New York’s Department of Financial Services reviewed insurers’ requests for the 2017 fiscal year, the state determined that individual Obamacare users would be hit with an average insurance premium hike of 16.6 percent. This is projected to negatively affect 350,000 or more individual Obamacare users in the state of New York. Small group users will be hit hard too, with an 8 percent increase. This 8 percent increase is projected to impact more than a million people in the state.
Average 16.6 percent premium hikes for New Yorkers in 2017
Health insurance providers originally sought an average premium hike of 28 percent to cover costs, but the state capped the premium increase at 16.6 percent. Nonetheless, policyholders will be shelling out hundreds of millions in wasted dollars that still won’t be enough to sustain health insurance companies. No amount of force, fine, mandate, tax or price control is going to fix the systemic problems, failures and faults within the medical system. As policyholders pay more, and as insurers lose money in the boondoggle, Obamacare can only be seen as a manipulative, controlling scheme that is an economic failure and a perpetuation of the problems detaching people from real health responsibility.
This week 45 years ago, August 15th 1971 to be exact, President Nixon suddenly declared the end of the Gold Standard. He ushered in the modern monetary system based on fiat paper and digital currency that works so poorly for us today and led to the global financial crisis.
The dramatic announcement by ‘Tricky Dicky’ is a must watch and you can see it here:
“Your dollar will be worth just as much tomorrow as it is today… ”
This was one of the most important events in modern financial, economic and monetary history and is a seminal moment in the creation of the global debt crisis which has confronted the U.S., Europe and the world in recent years and continues to this day.