Big in Venezuela: Bitcoin Mining

Hyperinflation has driven thousands to seek out unorthodox currency.

From The Atlantic.com In Venezuela, home to some of the worst hyperinflation since the Weimar Republic, a Big Mac costs about half a month’s wages. Or rather, it did, until a bread shortage forced the burger off the menu. The annual inflation rate is expected to hit 1,600 percent. Life resembles an old newsreel: long lines, empty shelves, cashiers weighing stacks of bills.

To survive, thousands of Venezuelans have taken to minería bitcoin—mining bitcoin, the cryptocurrency. Lend computer processing power to the blockchain (the bitcoin network’s immense, decentralized ledger) and you will be rewarded with bitcoin. To contribute more data-crunching power, and earn more bitcoin, people operate racks of specialized computers known as “miners.” Whether a mining operation is profitable hinges on two main factors: bitcoin’s market value—which has hit record highs this year—and the price of electricity, needed to run the powerful hardware.

Continue reading Big in Venezuela: Bitcoin Mining

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Today, The Music Stops

From SovereignMan.com – Today’s the day.

After months of preparing financial markets for this news, the Federal Reserve is widely expected to announce that it will finally begin shrinking its $4.5 trillion balance sheet.

I know, that probably sound reeeeally boring. A bunch of central bankers talking about their balance sheet.  But it’s phenomenally important. And I’ll explain why-

When the Global Financial Crisis started in 2008, the Federal Reserve (along with just about every central bank in the world) took the unprecedented step of conjuring trillions of dollars out of thin air.  In the Fed’s case, it was roughly $3.5 trillion, about 25% of the size of the entire US economy at the time.  That’s a lot of money.

And after nearly a decade of this free money policy, there is more money in the financial system than ever before.

Continue reading Today, The Music Stops

“Super Critical” Coal Shortage Sends India Scrambling For Natural Gas

“Super Critical” Coal Shortage Sends India Scrambling For NatGas

Coal

Big disappointment in the global natural gas industry this week, with majors Total and Eni coming up largely dry in a much-anticipated well offshore Cyprus.

But elsewhere things are turning extremely bullish for natgas. With one of the world’s fastest-emerging energy consumers scrambling to get all the supply it can.

Continue reading “Super Critical” Coal Shortage Sends India Scrambling For Natural Gas

Showdown in Spain: I Wholeheartedly Endorse the Catalonia Independence Vote

In a move many people thought would never happen, the Catalan parliament approved a referendum that would allow a vote on the region’s independence from Spain. The central government seeks intervention from the Constitutional Court. But short of invasion who is going to stop the vote?

The Spanish government has accused the Catalan Parliament of committing a “constitutional and democratic atrocity” by approving legislation to allow next month’s bitterly disputed independence referendum to go ahead.

Continue reading Showdown in Spain: I Wholeheartedly Endorse the Catalonia Independence Vote

The Unfiled Draft JPMorgan Mortgage Lawsuit the CEO paid $13B to Keep Secret with Government Collusion

Four years ago, JPMorgan Chase reached a then-record settlement with the Department of Justice after, among other things, the bank received a copy of a U.S. attorney’s draft complaint documenting its alleged role in underwriting fraudulent securities in the years leading up to the 2008 financial crisis. Following the bank’s $13 billion financial agreement, the draft complaint was never filed. Then the bank paid another settlement to prevent a separate legal case from potentially unearthing it. The contents of the draft complaint have long been a financial-crisis mystery, a Great White Whale of a document. At least until now.

Continue reading The Unfiled Draft JPMorgan Mortgage Lawsuit the CEO paid $13B to Keep Secret with Government Collusion

Hackers Gain ‘Switch-Flipping’ Access to US Power Grid Control Systems

Hackers Gain ‘Switch-Flipping’ Access to US Power Grid Control Systems

Wired.comAndy Greenberg   In an era of hacker attacks on critical infrastructure, even a run-of-the-mill malware infection on an electric utility’s network is enough to raise alarm bells. But the latest collection of power grid penetrations went far deeper: Security firm Symantec is warning that a series of recent hacker attacks not only compromised energy companies in the US and Europe but also resulted in the intruders gaining hands-on access to power grid operations—enough control that they could have induced blackouts on American soil at will.

Symantec on Wednesday revealed a new campaign of attacks by a group it is calling Dragonfly 2.0, which it says targeted dozens of energy companies in the spring and summer of this year. In more than 20 cases, Symantec says the hackers successfully gained access to the target companies’ networks. And at a handful of US power firms and at least one company in Turkey—none of which Symantec will name—their forensic analysis found that the hackers obtained what they call operational access: control of the interfaces power company engineers use to send actual commands to equipment like circuit breakers, giving them the ability to stop the flow of electricity into US homes and businesses.

Continue reading Hackers Gain ‘Switch-Flipping’ Access to US Power Grid Control Systems

Dutchsinse: 6.3 Earthquake at North Korea Nuclear Site Confirms Kim Jong Un Hydrogen Bomb Test

A 6.3 Earthquake rumble North Korea from the Nuclear Test Site at 2017-09-03 3:30:02.6 UTC.  Dutchsinse was recording while it happened as seen in the video above around 46:20.  The Earthquake data confirms that North Korea tested its Nuclear capabilities and has does in-fact have fissionable material.

Dutchsinse is predicting Japanese Earthquakes of 3 to 4 in magnitude in the next week.

The timing is also very interesting: 3 in Asian culture has the meaning “to live” and “life.”  Detonated at 3 3 3 – three threes- on the 9th month, 3+3+3.

The chinese date of the Nuclear Test is: Ji-You(Rooster) (7th month), 13, 4715.

NYTimes: Symbolism and Numerology is important to North Korea Rocketry

Bumblebee On The US Endangered Species List

The U.S. has designated the rusty patched bumblebee an endangered species. Species loss like bees are caused by the Geo-Engineering chemicals sprayed. 70x the Aluminum has been found in bees than would cause human beings Alzheimers.

U.S. Puts Bumblebee On The Endangered Species List For 1st Time

The U.S. Fish and Wildlife Service has designated the rusty patched bumblebee an endangered species — the first such designation for a bumblebee and for a bee species in the continental U.S.

The protected status, which goes into effect on Feb. 10, includes requirements for federal protections and the development of a recovery plan. It also means that states with habitats for this species are eligible for federal funds.

Continue reading Bumblebee On The US Endangered Species List

Snopes On The Ropes – Founder Of Fact Checking Website Accused Of Fraud

Snopes on the Ropes – Founder of Fact Checking Website Accused of Fraud

Snopes.com is reported to be in big trouble financially. The founder, David Mikkelson even launched a GoFundMe page to raise money to keep the site afloat. According to the Daily Mail he’s not giving the whole story as to why the company now finds itself in hot water.

Fact-checking website Snopes is on the verge of financial collapse after its owner was accused of embezzling company funds to pay for his contentious divorce battle and lavish overseas trips with his new wife, a former Las Vegas escort and porn actress.

Continue reading Snopes On The Ropes – Founder Of Fact Checking Website Accused Of Fraud

China Makes Disrespecting their National Anthem a Crime

China’s national flag is seen behind hostesses waiting for delegates outside the Great Hall of the People during the second plenary session of the National People’s Congress (NPC) in Beijing, China March 8, 2017

China makes disrespect of national anthem a crime

BEIJING: Anyone who mocks China’s national anthem faces up to 15 days in police detention after parliament criminalised such acts in a new law on Friday (Sep 1) that covers Hong Kong and Macau.

Since taking over as president, Chinese leader Xi Jinping has ushered in new legislation aimed at securing the country from threats both within and outside its borders, besides presiding over a sweeping crackdown on dissent and free speech.

Protecting “the dignity of the national anthem” will help “promote patriotism and nurture socialist core values”, says the new law passed by the National People’s Congress (NPC).

Continue reading China Makes Disrespecting their National Anthem a Crime

US Georgia Corporate Policy Enforcer- ‘We only shoot black people’

Legal Presences -that policy enforcers abuse- don’t have skin nor skin color; Legal Presences are Artificial persons, corporate franchises, legal personalities, and  merely pieces of paper.

Cobb officer who said ‘we only shoot black people’ says he’ll retire while being fired

A white Cobb County police lieutenant who told a woman during a traffic stop that “we only shoot black people” will be fired, the police chief said on Thursday.

Continue reading US Georgia Corporate Policy Enforcer- ‘We only shoot black people’

Nurse Legally Prevents Cop From Taking Blood From Unconscious Patient, Gets Roughly Arrested

‘This is crazy,’ sobs Utah hospital nurse as cop roughs her up, arrests her for doing her job

Nurse arrested after refusing to allow detective to take blood from unconscious patient

By all accounts, the head nurse at the University of Utah Hospital’s burn unit was professional and restrained when she told a Salt Lake City police detective he wasn’t allowed to draw blood from a badly injured patient.

The detective didn’t have a warrant, first off. And the patient wasn’t conscious, so he couldn’t give consent. Without that, the detective was barred from collecting blood samples — not just by hospital policy, but by basic constitutional law.

Still, Detective Jeff Payne insisted that he be let in to take the blood, saying the nurse would be arrested and charged if she refused.

Continue reading Nurse Legally Prevents Cop From Taking Blood From Unconscious Patient, Gets Roughly Arrested

Whistleblower: US Child Protective Services Kidnapping, Abusing, and Drugging Children

It is been observed that ALL “Child Support Orders” are PRE-PAID and the families are NOT informed because the COURTROOMS ARE ALL CORRUPT AND MERE LEGAL FICTIONS.