Tag Archives | David Seaman

The Bitcoin “Crash” Is A Patent Falsehood: Here’s Why

bitcoinNothing like that demented mainstream media narrative: talking about the Duck Dynasty guy’s personal views on gays non-stop, but kicking real stories like the Fukushima ongoing radiation crisis to the curb.

And when it comes to innovative technologies like Bitcoin, “our” “free” press is equally off the rocker.

Back in January, one Bitcoin fetched $13. When I began covering it on my podcast, the price was around $10 per coin. Today, even “post-crash” in mainstream media parlance, the same coin is worth $702 on the Mt. Gox exchange. That is a 54x return year to date, and the year’s not even finished yet. Find me a stock that has gained 54x during the same time period — would the media label that a “crash” also? I don’t think so.

The media is not your friend. Unless your name is JPMorgan Chase or Bank of America.

And the group who could be most helped by Bitcoin’s promise of frictionless money, liberated from constant fees, is the American middle class – a middle class hammered by increasingly stringent credit history requirements for loans, ruthless foreclosures, insane student loan debt.… Read the rest

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Interview With American Living In Turkey: ‘People Are Still Very Energized’

I spoke earlier today with “Natasha,” an American living in Istanbul, Turkey, to get her take on the recent wave of massive protests throughout Turkey — I wanted to know what initially sparked the protests, how the riot police have responded, and what the average Turk thinks of all this.

The protesting in Turkey “isn’t like the Arab Spring,” in her view, and instead reflects focused anger and disappointment over a particular politician, Prime Minister Recep Tayyip Erdogan… rather than some kind of sweeping societal change.

Also, although the economic situation in Turkey sounds tough for young people, it honestly doesn’t sound much worse than the job climate that recent university graduates here in the United States face.

I asked her if she felt the protests were wrapping up at this point. “I don’t think it’s dying down at all… people are still very energized,” she replied.

Listen to our whole interview right here, she also speaks about Turkish anger over their media’s lack of coverage — and the media’s tendency to side with police forces’ official story, rather than the protesters:

Read the rest

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It’s A Trap! Ron Paul Warns Of McCain Immigration Plan Surveillance Implications

For those who are still quite fond of their 4th Amendment rights, Ron Paul raised the alarm over on his official Facebook page earlier today that the Senate's current immigration reform package is a civil liberties nightmare. The former Congressman and presidential candidate warned that the proposed McCain/Schumer immigration "reform" plan, as it exists now, would usher in warrantless surveillance of US citizens using drones, a de facto mandatory national ID system barring those without it from working legally, increased federal database information on US citizens, and the further erosion of our core civil rights under the guise of keeping our economy "safe" from a mostly non-existent wave of illegal immigration. Scariest paragraph of Ron Paul's post: "Harper rightly notes that E-Verify is in fact a national ID card, writing last week that, 'the system must biometrically identify everyone who works—you, me, and every working American you know. There is no way to do internal enforcement of immigration law without a biometric national identity system.'" Minority Report could be closer than we think. Open those eyes nice and wide for your iris scan, citizen!
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Seven Things All Americans Should Disapprove Of

A certain pro-gun rights guest on a certain British former tabloid editor’s CNN evening talk show has made it seem like all people who oppose our ever-growing federal government are a bit, well, unhinged.

Nothing could be further from the truth, and to prove that point, here are 7 scary things that all Americans should be asking our government to put the brakes on immediately.

One of the most annoying things out there at the moment—aside from late-night reverse mortgage commercials—is the false paradigm spread by some big government, big Obama Democrats that anyone who questions government corruption is an actual crazy person.

Start talking about drone strikes or Bradley Manning or the billions we spend on warrantless domestic spying, and you’re likely to get an eye roll and a “You aren’t one of those Glenn Beck people, are you?”

These big government Democrats, as utterly well-intentioned as they are (healthcare for the disadvantaged and keeping Wall Street from feasting on your young soul are noble intentions, at least in theory, if not in practice), think that having attended a “grassroots” (haha) election event for the incumbent of the most powerful elected office in the United States somehow makes them politically cool, indie hardcore, and in-the-know.… Read the rest

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