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Data-Dependent … on Imaginary Data
Data-Dependent … on Imaginary Data Invisible Derivatives Giant Mystery Zero Confidence Sonoma and the SIC in San Diego Federal Reserve officials like to say their policy course is “data-dependent.” That sounds very cautious and intelligent, but what does it actually mean? Which data and who’s interpreting it? Let’s ask a few questions. Photo: Federal Reserve […]
“We’ve centralized all of our data to a guy called Mark Zuckerberg” says Pirate Bay Founder.
“We’ve centralized all of our data to a guy called Mark Zuckerberg” says Pirate Bay Founder. At its inception, the internet was a beautifully idealistic and equal place. But the world sucks and we’ve continuously made it more and more centralized, taking power away from users and handing it over to big companies. And the worst […]
Data, Power, And War
Data, Power, And War We’ve built a power structure that leaves the public good begging at the door. This must change. image Over the past few years I’ve been looking for a grand unifying theory that explains my growing discomfort with technology, an industry for which I’ve been a mostly unabashed cheerleader these past three decades. I […]
Trump Administration Lobbying Hard for Sweeping Surveillance Law
Photo: Saul Loeb/AFP/Getty Images TRUMP ADMINISTRATION LOBBYING HARD FOR SWEEPING SURVEILLANCE LAW THE TRUMP ADMINISTRATION is pushing hard for the reauthorization of a key 2008 surveillance law — section 702 of the Foreign Intelligence Surveillance Act, known as FISA — three months before it sunsets in December. To persuade senators to reauthorize the law in full, […]
Why Economic Data No Longer Matters
Why Economic Data No Longer Matters Back in mid-2009, we said that with the Fed and central banks nationalizing capital markets, macro and even micro data and newsflow will matter increasingly less and less, and the only thing that does matter is the Fed’s weekly H.4.1 statement, showing the changes to the Fed’s balance sheet. […]
Worst US Consumer Data Hack Ever? Equifax Confesses
Worst US Consumer Data Hack Ever? Equifax Confesses Your data was likely stolen. Here’s what you can do to protect yourself even after the hack, and Equifax doesn’t want you to do it. Equifax, as a consumer credit bureau, collects financial, credit, and other data on every US consumer. It has names, birth dates, social […]
The Age of No Privacy: The Surveillance State Shifts Into High Gear [SHORT]
The Age of No Privacy: The Surveillance State Shifts Into High Gear [SHORT] “We are rapidly entering the age of no privacy, where everyone is open to surveillance at all times; where there are no secrets from government.” ― William O. Douglas, Supreme Court Justice (1966) The government has become an expert in finding ways […]
Venezuela Stops Publishing Money Supply Data For Obvious Reasons
Venezuela Stops Publishing Money Supply Data For Obvious Reasons More than a year after hyperinflating banana republic Venezuela stopped reporting official inflation data, Venezuela has stopped publishing money supply data, depriving the general public of the last, and best, available tool to ascertain soaring inflation in what has become the world’s worst-performing economy. Then again, […]
The World is Awash in Bullshit
The World is Awash in Bullshit This is really the best paragraph I have read so far in 2017: The world is awash in bullshit. Politicians are unconstrained by facts. Science is conducted by press release. So-called higher education often rewards bullshit over analytic thought. Startup culture has elevated bullshit to high art. Advertisers wink conspiratorially […]
How Globalists Predict Your Behavior
How Globalists Predict Your Behavior The globalists seem to have an overarching obsession with data collection. As we have seen with revelations from multiple government whistle-blowers, the establishment spends most of its time, energy and manpower collecting information not just on known threats to their supremacy, but information on EVERYONE through FISA-based surveillance protocols. This […]
The Source of Failure: We Optimize What We Measure
The Source of Failure: We Optimize What We Measure Rather than measure consumption and metrics that incentivize debt, what if we measure well-being and opportunities offered in our communities? The problems we face cannot be fixed with policy tweaks and minor reforms.Yet policy tweaks and minor reforms are all we can manage when the pie […]
Are Asian Central Bankers Even Crazier Than Our Own?
Are Asian Central Bankers Even Crazier Than Our Own? That the world’s central bankers get a lot of things wrong, deliberately or not, and have done so for years now, is nothing new. But that they do things that result in the exact opposite of what they ostensibly aim for, and predictably so, perhaps is. […]
Ecological Panic: The New Rationale For Globalist Cultism
Ecological Panic: The New Rationale For Globalist Cultism Faith in an ideology based on a desire for power over others and the need to feel personally superior without any legitimate accomplishment is perhaps the most dangerous state of being an individual or society can adopt. I would refer to such a mindset as “zealotry,” an […]
Peak Oil: Right Again [Pt 2]
Peak Oil: Right Again [Pt 2] We continue with an examination of the statements offered in a recent example of cherry-picked nonsense, an article entitled: “Earth Is An Oil-Producing Machine — We’re Not Running Out.” The fine art of misleading the uninformed…. Delighted with the discovery that “Earth is actually an oil-producing […]
The Unhackable iPhone Has Been Compromised: ‘Intelligence Agencies Can Intercept Calls, Messages, and Access Data’
The Unhackable iPhone Has Been Compromised: ‘Intelligence Agencies Can Intercept Calls, Messages, and Access Data’ Iphone maker Apple, Inc. claimed last month that their latest iteration of the wildly popular handheld device was unhackable. According to HackRead, the company is so convinced of its security successes that they issued a statement saying that data stored on […]
