craschworks / 2011 / June

Yes, It Is a Police State

17-Jun-11

Then there’s my experience this past week as I drove home from the airport in Syracuse, New York. The Border Patrol and the State Police had set up a roadblock on the county line about 30 miles from my house and at least 20 miles as the crow flies from the border with Canada. This is not uncommon, but this time two things were different. First, both groups of officers were fully armed. Second, they were asking questions. Normally they just peer into your car and let you go. This time, I was asked, “Where are you coming from?”; “Were you out of the state?”; and “Do you have luggage in your trunk?” They did not search the car, nor did they ask for ID (the latter probably because I’m white), but it does not matter. When American citizens are stopped while traveling within their own state and asked to account for their whereabouts, we live in a police state.

via thefreemanonline.org

“MILTON FRIEDMAN famously called for the abolition of the Federal Reserve, which he thought ought to be replaced by an automated system which would increase the money supply at a steady, predetermined rate. This, he argued, would put a lid on inflation, setting spending and investment decisions on a surer footing. Now, Friedman’s dream has finally been realised—albeit not by a real-world central bank.

Bitcoin, the world’s “first decentralised digital currency”, was devised in 2009 by programmer Satoshi Nakomoto (thought not to be his—or her—real name). Unlike other virtual monies—like Second Life’s Linden dollars, for instance—it does not have a central clearing house run by a single company or organisation. Nor is it pegged to any real-world currency, which it resembles in that it can be used to purchase real-world goods and services, not just virtual ones. However, rather than rely on a central monetary authority to monitor, verify and approve transactions, and manage the money supply, Bitcoin is underwritten by a peer-to-peer network akin to file-sharing services like BitTorrent.”

Crash Course: Chapter 6 – What is Money? by Chris Martenson

13-Jun-11

via youtube.com

This is a very nice explanation of the origins of money.

QT: Envy is the art of counting the other fellow’s blessings instead of your own. ~Harold Coffin

08-Jun-11

Envy is the art of counting the other fellow’s blessings instead of your own. ~Harold Coffin

Decriminalise possession of drugs, celebrities urge government

02-Jun-11

Dame Judi Dench, Sir Richard Branson, and Sting have joined an ex-drugs minister and three former chief constables in calling for the decriminalisation of the possession of all drugs.

The high-profile celebrities together with leading lawyers, academics, artists and politicians have signed an open letter to David Cameron to mark this week’s 40th anniversary of the 1971 Misuse of Drugs Act. The letter, published in a full-page advertisement in Thursday’s Guardian, calls for a “swift and transparent” review of the effectiveness of current drugs policies.

via guardian.co.uk

Finally, the tide seems to be turning.

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