More Economic Injustices and New Bitcoin FUD
- Dr. Roy Schestowitz
- 2014-03-26 09:38:23 UTC
- Modified: 2014-03-26 09:38:23 UTC
UK
The raison d’etre of the Tories is to ensure the state runs smoothly in the interest of the 1% of the population who own 70% of the wealth. Blair made sure New Labour had the same objective, the only purpose of the party structures now being as career ladders for the likes of Blair to join the 1%.
Universal Jobmatch set to be jettisoned after it was found to be carrying a series of fake, repeat or fraudulent jobs ads
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'Voice risk analysis' being used by 24 English authorities at a cost of millions – despite scientists' claims that it 'does nothing'
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The scale of the use of zero-hours contracts has been revealed after a revision of official figures showed that nearly 583,000 employees – more than double the government's estimate – were forced to sign up to the controversial conditions last year.
A "rising tide of insecurity" in the job market since the last election was allowing employers to turn a "once marginal and niche element of the labour market" into the norm, Labour claimed on Sunday evening.
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Conservatives insist official study, previously blocked by Downing St, supports their policy of reducing net immigration
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The city has changed. The buses are still dirty, the people are still passive-aggressive, but something about London has changed. You can see signs of it everywhere. The townhouses in the capital’s poshest districts are empty; they have been sold to Russian oligarchs and Qatari princes.
[..]
But Britain has already undermined any unified action by putting bankers’ profits first.
Europe
Since the economic crisis hit Europe, international investors have begun suing EU countries struggling under austerity and recession for a loss of expected profits, using international trade and investment agreements. This is revealed by a new report released today by the Transnational Institute and Corporate Europe Observatory. The investors – and the lawyers involved – are scavenging for profits amidst crisis-hit nations, providing a salutary warning of the potential high costsof the proposed trade deal between the US and the EU, which start its fourth round of negotiations today in Brussels.
US
Arizmendi and its five sister bakeries in the Bay Area are worker-owned cooperatives, an age-old business model that has lately attracted renewed interest as a possible antidote to some of our most persistent economic ills. Most co-ops in the U.S. are smaller than Arizmendi, with around a dozen employees, but the largest, Cooperative Home Care Associates in the Bronx, has about 2,000. That’s hardly the organizational structure’s upper limit. In fact, Arizmendi was named for a Spanish priest and labor organizer in Basque country, José María Arizmendiarrieta. He founded what eventually became the Mondragon Corporation, now one of the region’s biggest employers, with more than 60,000 members and 14 billion euro in revenue. And it’s still a co-op.
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To join EO, your company must be raking in at least $1 million in revenue, so I suddenly found myself surrounded by well-dressed, well-connected go-getters in fancy shoes, mingling and networking while waiting to pick the brain of one of America’s most charismatic billionaires. I rolled up in a hotel shuttle van, wearing dirty, fake-leather boots and a giant backpack of phone chargers and miscellaneous swag—the only person wearing a SXSW badge, my event nametag handwritten with Sharpie instead of laser-printed, my thrifted jacket soggy with the rain that had pelted downtown’s festival grounds all morning.
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Financial Conduct Authority wants to prevent ordinary investors using more than 10% of their savings buying shares in peer-to-peer funded companies
Box has capitalized on the growing popularity among businesses of storing data in the cloud, where it can be accessed from a variety of devices including smartphones and tablets, giving employees more flexibility.
Bitcoin
The software on devices such as routers and IP cameras is often not patched as rigorously as other software, such as operating systems, which may give the Darlloz hackers an advantage.
Bitcoin has won a Linux award at CeBIT 2014 – Europe’s premier tech trade show.
Revelations of the mismanagement at the now-bankrupt Japanese bitcoin exchange keep surfacing. When laying the puzzle as pieces keep coming, it becomes obvious that security at the billion-dollar vault was practically nonexistent. This adds to previous insights of economic and/or fraudulent mismanagement.
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I was invited to speak at Texas Bitcoin Conference in Austin this past week. Due to my house arrest, I’ve been largely staying low key but felt I needed to make a statement, a strong one. I asked Rick if I could use his speech from the Stockholm 2006 pro-freedom demonstration and adapt it to Bitcoin, which he agreed to. The speech ended to a standing ovation, and although I was over Skype I could not help but burst into tears. Free knowledge, free the market, free the world!
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How safe is bitcoin? After several months of testing bitcoin services, I can conclude that the digital currency is both important and strong as a concept and as a system, though it can fall prey to weaknesses in the proprietary software of exploitative ad-hoc businesses around it. Here's a snapshot of the experiences that led me to this opinion.
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Nakamoto and an Associated Press reporter went to a sushi restaurant, then headed to the news organization's office in downtown Los Angeles. After "an exclusive two-hour interview," the AP has published a story featuring Nakamoto's flat-out denial that he had anything to do with the digital currency.
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Just as the price of Bitcoin crashes to earth from its effervescent highs, two of the world’s most famous cybercurrency investors, Tyler and Cameron Winklevoss, are hoping to escape the planet’s pearly grip.
iophk: "Somehow they wedged a reference to His Billness in there at the end."
iophk: "Title says it all about the attitude."
"Really immature journalism at best. A mistake that might cost someone their life at worst."
iophk: "The original Newsweek article however is not public."
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