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Over the past several years, I have been discussing the tech sector with my brother Michael Whalen who is currently the Head of Digital Rights Administration for TuneSat,LLC. TuneSat’s audio fingerprint technology monitors hundreds of TV channels in 14 countries and crawls millions of websites.  Michael is a professor at NYU and The City College [...]

 

Following last week’s jump in headline PPI some expected a reversal in the recent trend of BLS-measured disinflation. No such luck: moments ago the BLS reported that according to its hedonic adjustments, May headline consumer price inflation rose by 0.1%, below expectations of a 0.2% increase, and up 1.4% from the prior year. (Read more…) [...]

   

Egyptian President Morsi Raises Concern in Diplomatic Row With Ethiopia Addis Ababa is seeking to turn around a colonial-era law on the usage of the Nile River Several African states have rejected statements made by Egyptian President Mohamed Morsi which…

 

We report from Belfast on location at the G8 and anti-G8 meetings. They juxtapose the protests in China where thousands wait in line to buy gold to protect against G8-style inflationary policies to the less effective protests in Belfast where placards are waved in ‘free speech zones;’ while, in Westminster, secret proposals are drafted by [...]

 

Catarina Principe and Anton Thun Thousands of German activists converged on Frankfurt, one of Europe’s most important financial centers on May 31 and June 1. Their slogan “Blockupy Frankfurt!” was the rallying cry for a protest of the German and…

 

United Nations General Assembly A/67/L.63, adopted by a slim majority on May 15, 2013, is a deliberate and pathological refusal to acknowledge reality, in an attempt to justify wanton militarism and obstruct efforts by both United Nations Representative Lakhdar Brahimi…

 

Top Cop Debunks Claim that Revealing the Program Harms Security New York is the largest American city. New York’s Police Commissioner  – Ray Kelly – blasted the secret NSA spying program today. The New York Post reports: I don’t think…

 

When the S&P, always so conveniently ahead of the curve, yesterday revised its forecast for Europe from growth in the second half of 2013 to 2014 one couldn’t help but golf clap, as well as wonder if they finally started looking at the fundamental depressionary reality on the ground instead of the rating agency’s infamous [...]

 

Canada’s prime minister recently addressed the CFR, a globalist think tank who have been a driving force behind the push towards deeper North American integration. The U.S. and Canada are now further advancing this agenda through the Beyond the Border…

 

This essay examines the connections between the foreign intervention crisis in Syria, the vast NSA surveillance program that has recently been exposed, and the sequence of events that begin with NSA program changes in February, 2001 — six months before…

 

. The people are starting to feel An end to the FED’s QE deal If tapers begin (Read more…) Like staples on skin The pain from the FED could be real The Limerick King . . This picture is clearly obscene This Klepto’s a sucking machine He’s Too Big To Fail And Too Big To [...]

 

Obama Says Bernanke Fed Term Lasting ‘Longer Than He Wanted’ (Bloomberg) Merkel Critical Of Japan’s Credit Policy In Meeting With Abe (Nikkei) China Wrestles With Banks’ Pleas for Cash (WSJ) Biggest protests in 20 years sweep Brazil (Brazil) Pena Nieto Confident 75-Year Pemex Oil Monopoly to End This Year (Bloomberg) (Read more…) G8 leaders seek [...]

 

The Truth About the Protests in Belfast: Download show here. For more download & listening options, visit Archive dot org

 

There was non-Fed news in the overnight market. Such as Nikkei reporting that Germany’s Angela Merkel was the first G-8 member to be openly critical of Japan’s credit-easing policy “that has led to the yen’s weakening against major currencies” in what was the first shot across the bow between the two export-heavy countries. Not helping [...]

 

Members of the Florida state Legislature rarely agree on anything. It’s unusual for a bill to get unanimous support from the body. But as it turns out, there is one thing that both Republicans and Democrats really love: wildflowers. Florida lawmakers in both houses of the Legislature voted a collective 157 to 0 this spring [...]

 

“If you have ants in your house,” the great Harvard ecologist EO Wilson once said, “be kind to them.” Keep this in mind the next time you want to flick one off the kitchen table: The tiny critters, which collectively weigh about as much as all of humanity, could wield a big weapon in the [...]

 

An incomplete section of the destroyed Rockaway Beach boardwalk, May 31, 2013. squirrel83/Flickr Nearly eight months after Hurricane Sandy destroyed almost three miles of historic boardwalk along the Rockaway peninsula at the southern end of New York City, the shore hums with sounds of $140 million worth of beach recovery: circular saws, jack hammers, and [...]

 

Mike, an MQ-9 Reaper pilot, sips coffee on his 20-minute morning commute to Holloman Air Force Base outside Alamogordo, New Mexico. Drones: Everything You Ever Wanted to Know But Were Always Afraid to Ask Holder: Obama Can Use Lethal Force Against Americans on US Soil Senators Will Get to Know When Obama Can Kill Americans—But [...]

 

Edward Snowden’s leaks have prompted many questions about government surveillance activity in the United States, including this one: How often do tech firms turn over user data to the feds? In recent years, companies including Google, Microsoft, and Twitter have released data on this front—but it’s been incomplete, because the government has prohibited them from revealing the full [...]

 

http://www.forbes.com/sites/jonmatonis/2013/06/17/government-of-worlds-reserve-currency-targets-iranian-rial/ Effective July 1st, the United States has authorized new sanctions directly targeting the already-devalued Iranian rial with penalties for transacting or holding the currency outside of Iran. This represents the first time that the U. (Read more…)S. has focused specifically on the Iranian monetary unit itself and the ninth set of sanctions President Barack [...]

 

Stacy Summary: If we’re going to live 75% of our lives online, it makes sense that one should teach your children the language really spoken online. Not the simple, consumer friendly interface which already knows your language and so makes it easy for you, but what the ‘internet’ looks like behind that interface. I first [...]

 

Edward Snowden, a low-level employee of Booz Allen Hamilton who blew the whistle on the U.S. National Security Agency (NSA), unexpectedly exposed a powerful and seamless segment of the military-industrial complex – the world of contractors that consumes some 70 percent of this country’s 52-billion-dollar intelligence budget. Some commentators have pounced on Snowden’s disclosures to [...]

 

Barack Obama has just taken his first baby steps into a war in Syria that may define and destroy his presidency. Thursday, while he was ringing in Gay Pride Month with LGBT revelers, a staffer, Ben Rhodes, informed the White House press that U.S. weapons will be going to the Syrian rebels. For two years [...]

 

Vlahos on how Hollywood still doesn’t get it