Mass Surveillance Destroys Innovation, Trust, the U.S. Internet Market, and a Prime Ingredient Needed For Prosperity
Edward Snowden said this week:
The success of economies in developed nations relies increasingly on their creative output, and if that success is to continue we must remember that creativity is the product of curiosity, which in turn is the product of privacy.
He’s right. Anonymity and privacy increase innovation.
Anyone who has ever played a musical instrument knows that you need time to experiment and try new things in the privacy of your home – or your band’s garage – in order to improve. If every practice was at Carnegie Hall in front of a big crowd, you would be too self-conscious to experiment and try something new…
- NSA Spying Creates a New Data Haven Industry. Government Stimulus at Work! (reason.com)
- Internet Privacy Final Project Proposal (danielemagnante.wordpress.com)
- NSA recruits civil liberties leader in wake of Snowden leaks (pcauthority.com.au)
- Privacy Down the Drain (my.firedoglake.com)
Improved economic growth over the past decade in Africa has failed to reduce poverty in a majority of countries on the continent, a new study has revealed.
The Afrobarometer survey, released on Tuesday, said that despite playing host to some of the world’s highest economic growth rates, many Africans still reported shortages of basic needs, including water, food, healthcare and cash.
“Meeting their basic daily needs remains a major challenge for a majority of Africans, even at a time when their countries are reporting impressive economic gains,” the survey found, citing data retrieved from the citizens of 16 African countries over the past 10 years.
In a second part of the study, the report surveyed the opinions of more than 50,000 citizens of 34 countries across the continent between 2011-2013 and concluded that “lived” poverty remains “pervasive across the continent”…
- Despite growth reports, Africa mired in poverty (eurekalert.org)
- Report predicts robust GDP growth in Africa (thebricspost.com)
- Africa grain experts to explore the continent’s potential as the next frontier in global grain supply at 5th African Grain Summit (appablog.wordpress.com)
- Investment and Economic Development in Africa: An Investor’s Perspective. (malawiace.com)
The following article from Reuters is a follow up to a topic I have explored on various occasions in the past. Namely, how an inept Indian government is attempting to use the age old tactic of scapegoating in order to deflect attention away from its widespread policy failures. In the case of India, the target is gold. It’s a logical target for any crony Indian bureaucrat or Central Banker to go after. Wealth confiscation is a tried and true method historically used by corrupt elites to stay in power, and there is plenty of gold floating around the subcontinent. Easy pickings…or so they thought.
It appears some of the temples are now drawing a line in the sand, and are in fact refusing to provide details about their holdings. Other temples are a bit more compliant. From Reuters:
The central bank, which has already taken steps that have slowed to a trickle the incoming supplies that have exacerbated India’s current account deficit, has sent letters to some of the country’s richest temples asking for details of their gold…
- We’re the Indian government and we’re here to help you: “How much gold do you have?” (maxkeiser.com)
- Gods forbid: India’s temples guard their gold from government (ibnlive.in.com)
- India’s temples guard their gold from government – NDTV (profit.ndtv.com)
- India’s temples ‘guarding’ their gold from government (arabtimesonline.com)
A theme in my 2005 book, The Long Emergency, was the counter-intuitive idea that the federal government, rather than becoming the omnipotent Big Brother Moloch so many feared, would instead spiral into impotence and become too incompetent and ineffectual to run everybody’s life. Another theme was that the USA was entering a political impasse comparable to the years that preceded the civil war, with many of the same old grudges playing out in disguise. What we’re seeing is an empire that had grown too quickly to even acknowledge it had become an empire, enter, just as quickly, the throes of contraction.
Hence, the great unacknowledged task before the leadership class is managing contraction. The radical Republicans, even in their Jeezus-driven transports of Dixieland retribution and John Bircher paranoia, come a little closer to recognizing the situation than the Democrats with their Leviathan problem — their nanny-state grandiosity. So, those red state radicals are gonna run that ole ‘possum up a gum stump now and see what happens…
- Unintended Consequences (theburningplatform.com)
- KunstlerCast 247 – JHK Yaks with New Urbanist Andres Duany (businessinsider.com)
- The KunstlerCast: How One Podcast Becomes Two (theeveningpaper.wordpress.com)
- The Automobile Ruined Everything (boiseplanning.wordpress.com)
There is a considerable amount of debate in alternative economic circles as to whether a federal government shutdown would be a “good thing” or a “bad thing”. Frankly, even I am partially conflicted. I love to read mainstream news stories about how a shutdown in the capital would be “horrible” because Barack Obama might have to reduce the White House cleaning staff and wash his own laundry:
It’s about time that sellout bastard did something to clean up his own act. I also love the idea of the federal government out of the picture and removed from the U.S. dynamic. Americans need to learn again how to live without the nanny state, even if only for a few weeks, and what better way than to go cold turkey. I can hear the tortured sobs of the socialists now, crying for their SNAP cards and low grade government healthcare. It’s like…beautiful music…
- Every government shutdown ever, in one chart (washingtonpost.com)
- Government shutdown? Marco Rubio gets ‘slowdown’ turbulence on flight (miamiherald.typepad.com)
- Government Shutdown – What Does it Mean? (guardianlv.com)
- Government Shutdown Showdown (wnyc.org)
- How the Government Shutdown Will Affect You (or Not) (everyjoe.com)
Karen Hudes is a graduate of Yale Law School and she worked in the legal department of the World Bank for more than 20 years. In fact, when she was fired for blowing the whistle on corruption inside the World Bank, she held the position of Senior Counsel. She was in a unique position to see exactly how the global elite rule the world, and the information that she is now revealing to the public is absolutely stunning. According to Hudes, the elite use a very tight core of financial institutions and mega-corporations to dominate the planet. The goal is control. They want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns. Since the elite also own all of the big media companies, the mainstream media never lets us in on the secret that there is something fundamentally wrong with the way that our system works.
Remember, this is not some “conspiracy theorist” that is saying these things. This is a Yale-educated attorney that worked inside the World Bank for more than two decades. The following summary of her credentials comes directly from her website…
- NWO – World Bank Whistleblower Karen Hudes Reveals How The Global Elite Rule The World (sallypoliticalpage.wordpress.com)
- How The Global Elite Rule The World (tomohalloran.com)