Haters gonna hate, but the “Bitcoin bubble” meme has become the financial equivalent of a viral online cat video – wildly popular but pretty vacuous. In an effort to separate fact from fiction, ConvergEx's Nick Colas reviews 11 bitcoin myths (and dispels them). Still, there’s no doubt that the public is entranced: there are now 3x more Google searches for “bitcoin” than “Western Union”, and 33x more than for “Gold coins”. We started writing about bitcoin back in February because it was – and still is – a fascinating invention (for better or worse). How it plays out, we will just have to wait and see.
You know that game involving word association at the psychotherapists? The one where you have to say the first word that springs to mind.
"I have been cursed at a Chinese border. In Dubai, my passport was studied by three veiled women for over an hour and my suitcase completely dismembered. In the Philippines I had to bribe someone in order to get my visa extended for a few days. Borders, they can be tough, especially in countries known for corruption.
But never, ever, will I return to the United States of America."
- Excerpt from a must read article by Niels Gerson Lohman
Debunking Government’s Justification for Mass Surveillance
The US government's foreign policy appears to be most effective when it is shut down. First, we learned that the CIA has accelerated its training and weapons supply of Syria's Al-Qaeda insurgents only after the funding for the non-critical government functions was halted. Then, overnight, John Kerry showed that while he gives to Al-Qaeda with one hand he takes from it with two following two U.S. raids in Libya and Somalia that captured an Islamist wanted for bombing its Nairobi embassy 15 years ago. These actions "show Washington's determination to hunt down al Qaeda leaders around the globe" Secretary of State John Kerry said on Sunday. So in 15 years the then secretary of state will be proud to announce that Al-Qaeda leaders operating in and around Syria, armed with US weapons, have also been captured. And so the wheel will keep on turning.
Intelligence Agencies Central In Assassination Programs Carried out Without Oversight
The last time the State Department issued a comparable worldwide terror alert, the majority of US embassies in the Muslim world were promptly evacuated and a few weeks later the Syrian false flag affair was unleashed upon the world. One wonders just what provocation John Kerry has in mind this time.
STATE DEPT ISSUES NEW WORLWIDE CAUTION ON TERRORIST THREATS; STATE DEPT DETAILS POSSIBLE THREATS IN EUROPE, ASIA, AFRICA
At least the evil terrorizers have not infiltrated the Arctic circle yet. As for the always convenient scapegoat:
STATE DEPT SAYS AL-QAEDA PLOTTING IN MULTIPLE REGIONS
They sure are: mostly in Syria, but luckily they are now armed with US weapons.
UPDATE: Kenyan interior ministry tweets that authorities are in control of Westgate mall
As the dreadful Nairobi Mall attack/siege enters its third night with at least 69 dead, the Kenyan foreign minister has clarified one point:
BREAKING: Kenyan foreign minister tells Al Jazeera Nairobi mall attack the work of al-Qaeda, not al-Shabab
— Jared Keller (@jaredbkeller) September 23, 2013
Despite earlier reported condemnations from Al-Qaeda and an assumption that Al-Shabaab (who claimed responsibility), it appears the terrorists who just lost their Syria/Iraq leader are responsible.
Sept. 11, 2013, marked the anniversary of the attack on the U.S. Consulate in Benghazi, Libya, that left four U.S. diplomatic employees - including Ambassador Chris Stevens - dead. The anniversary saw new attacks in the eastern Libyan city, this one against a Libyan Foreign Ministry building (and this morning's awful attack in Afghanistan). The anniversary and recent attacks prompt a look at how the security situation in Benghazi has evolved over the past year, and at how the United States has tackled security issues worldwide since the consulate attack.
Political analysts over the next year or so, and historians well into the future, are likely to point to the fall of 2013 as a fundamental inflection point in American politics. That period, they will say, is when the American people forced a major new direction in American foreign policy. Before the events of this fall, the country’s electorate largely delegated foreign policy to its political elite—and largely supported that elite as it projected American military power with more abandon than the country had ever before seen. Even as the government steadfastly expanded the range of international problems that it said required U.S. military action, the electorate accepted that expanded international role and that increasingly promiscuous use of force. Those days are gone now.
US Refuses To Admit Checkmate By Russia And Syria, Redirects Purpose Of Military Incursion: Admits Regime Change IntentionSubmitted by Tyler Durden on 09/09/2013 12:15 -0500
Rice: "Our overarching goal is to end the underlying conflict through a negotiated, political transition in which Assad leaves power" #Syria
— White House Live (@WHLive) September 9, 2013
On a purely humanitarian basis, Syria’s tragedy is exceeded by many conflicts that the US abstained from participating in. So when thinking about civil wars and how the US defines its national interest, one has to ask why Syria would qualify for direct intervention while others conflicts did not.
The conclusions I have come to are somewhat threatening in the short term, but even more disconcerting in the intermediate term, as the developing image is exposing a crystal clear picture of the ominous resource wars looming directly ahead. Equally dismaying, are the "honorable distinguished gentlemen" presiding over this Middle East mayhem, which are showing themselves to be either grossly incompetent cretins or dangerous duplicitous megalomaniacs
Since the Vietnam War, the United States has engaged in several military interventions. As the West looks ready to act against Syria, accused of using chemical weapons against its own citizens, WaPo presents 10 instances when America has intervened, sometimes without authorization from the United Nations.
If Syria is invaded by the West, then we should be getting ready for a hike in the price of Brent that some say may reach a much as $150 since it will escalate into a regional problem and affect supplies coming out of Iraq.