Transparency

FBI Releases Full Report Into Hillary Clinton Email Probe - Key Excerpts

Just as we predicted on a sleepy Friday afternoon ahead of a long weekend, The FBI has released a detailed report on its investigation into Hillary Clinton's use of a private email server while she was secretary of state, as well as a summary of her interview with agents, providing, what The Washington Post says is the most thorough look yet at the probe that has dogged the campaign of the Democratic presidential nominee.

"Array Of Things" Launched - Enables Chicago To Spy On Entire City

Chicago is launching a creepy new campaign to blanket the mega-city in more surveillance through its Array of Things, creating a network of (at least) 500 sensors devices that will be shared in a growing Big Data cloud. The data will be publicly ‘released’ and also shared with city officials, “policy makers”, scientists/experts, law enforcement and (surely) government agencies, all of whom will process and analyze the data.

"Dear Fed, Please STFU!"

"We have come to a point in time where you are causing more harm than good... You are once again creating complacency with your words. .. This is damaging to our society.  This is damaging to our culture.  This is damaging to our psyche."

Apple Ordered To Repay $14.5 Billion In "Illegal" Tax Benefits, Stock Falls 2%

As the FT reported first yesterday, the EU has judged that the Irish government granted Apple "undue tax benefits" and moments ago announced the specific size of the penalty when it ordered the tech giant repay up to €13 billion ($14.5 billion) plus interest. According to the EU, the Irish deal slashed Apple taxes from 2003 to 2014, and allowed Apple to avoid tax on almost all EU profit.

Leaked Soros Document Calls For Regulating Internet To Favor 'Open Society' Supporters

Very soon, on October 1, 2016, much of the internet's governance will shift from the US authority (NTIA) to a nonprofit multi-stakeholder entity (ICANN). The Obama Administration says that the transition will have no practical effects on the internet's functioning or its users, but an internal proposed strategy from George Soros' Open Society Justice Initiative calls for international regulation of private actors’ decisions on “what information is taken off the Internet and what may remain," which should favor “those most supportive of open society.”

Dear Janet... A Memo From Millennials To The Fed

The Federal Reserve’s long-term influence hinges in part on its ability to convince millennials that its current policies can help push inflation closer to the central bank’s 2% goal. That’s not as easy as it sounds, because this cohort has both a different history and current relationship with this economic variable. Why?

The War On Whistleblowers & Why America's Next President Will Kill Julian Assange

"I’m worried about Julian Assange. This is not a maternal instinct, but rather, a pragmatic one. The increasingly hostile statements made by top state officials and their surrogates show a widespread condemnation of whistleblowers in the halls of government. President Obama set the tone early in his administration. In the case of WikiLeaks founder Julian Assange, the rhetoric goes well beyond condemnation of methodology and straight to advocating for his brutal murder."

A Kingdom In Turmoil: Saudi Societal Discontent Grows

"Given the current state of affairs in the Middle East, continued Saudi support for extremism and terrorism and increasing Islamic terror attacks on Europe and the US, US/Saudi relations will continue to deteriorate or remain in flux, regardless who wins the US Presidency in November 2016... we are likely to see more societal discontent and harsher responses by the Saudi oligarchy. Some signs are already evident..."

Mylan CEO: "The US Healthcare System Bubble Is Going To Burst; This Is No Different Than The Subprime Crisis"

"My frustration is, the list price is $608. There is a system. I laid out that there are four or five hands that the product touches, and companies that it goes through before it ever gets to that patient at the counter. Everyone should be frustrated. I'm hoping that this is an inflection point for this country. Our healthcare is in a crisis, it's no different than the mortgage financial crisis back in 2007. This bubble is going to burst."

Is The End Nigh? Former FOMC Member Warns "The Fed Is Vulnerable"

If, as is likely, the economy is closer to recession than resurgence, the Fed is poorly positioned to respond with force, efficacy and credibility. The Fed is vulnerable. Its recent centennial as our nation’s central bank should not be confused with its permanent acceptance in the American political system.