From Washington's
Blog:
Top experts – including the sponsors of the
bill – say that the newly-passed National
Defense Authorization Act authorizes
indefinite detention of Americans living
within the United States.
Top legal experts point out that the
government claims the right to assassinate
American citizens on U.S. soil without any
charges, trial, or other constitutional
protection.
I noted last month that Congress was
considering repealing prohibitions against
torture.
However, Mother Jones notes today that
Congress has explicitly authorized
rendition, allowing American Citizens on
U.S. soil to be sent to other countries
which do torture:
A defense spending bill that passed both
houses of Congress overwhelmingly and is
set to be signed by President Barack Obama
as early as this week could make it easier
for the government to transfer American
terrorist suspects to foreign regimes and
security forces.
The National Defense Authorization Act
(PDF) contains a section that says the
president has the power to...
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From Zero
Hedge:
In a must read Op-Ed in the WSJ,
Mark Spitznagel, founder of "fat tail"
focused hedge fund Universa, where Nassim
Taleb has been known to dabble on occasion,
explains the fundamental flaw with central
planning, and specifically why "moral
hazard" or the attempt to avoid the
destructive part of natural cycles, is the
greatest unnatural abomination ever
conceived by man.
His visual explanation should be sufficient
for even such grizzled academics who have
no clue how the real world works, such as
[Ben Bernanke], to comprehend why what he
is doing is an epic abomination of every
law of nature:
"Suppressing fire, creating the illusion of
fire protection, leads to the wrong kind of
growth, which then invites greater
destruction.
About 100 years ago, the U.S. Forest
Service took a zero-tolerance approach to
forest fires, stamping them out at the
first blaze.
Fast forward to 1988 when a massive
wildfire at Yellowstone National Park
wiped out more than 30 times the acreage
of any previously recorded fire...
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From
STHFplan:
We are at war with China.
Most Americans don't realize it, and
high level government officials will not
admit it publicly...
But the Chinese are actively
monitoring and compromising critical
components of our nation's
infrastructure, including water and
electric utilities, military assets, and
commerce.
While bullets and missiles may not be
flying over conventional battlefields
just yet, soldiers on the digital
battlefield are no doubt engaged in
conflict. ABC's George Stephanopoulos
reports on the latest infiltration, which
involved some three million accounts
being compromised at the U.S. Chamber of
Commerce:
There's a war going on every day that you
may not know about, and today we learned
a lot more about it.
China striking at the heart of our
economy. Iconic American companies like
Ford and Google – the Pentagon,
too.
Spies from China have also infiltrated
the computers of America's largest
business organization. One with millions
of members and they're stealing corporate
secrets worth thousands of jobs and
billions of dollars...
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