Washington is reportedly considering opening all US financial records to national intelligence agencies in order to prevent future crimes.
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Washington is reportedly considering opening all US financial records to national intelligence agencies in order to prevent future crimes.
Read more »He says he put his life on the line to stop a killer — and claims cops sat back and watched. But city lawyers are arguing that the police had no legal duty to protect Joseph Lozito, the Long Island dad stabbed seven times trying to subdue madman Maksim Gelman — a courtroom maneuver the subway hero calls “disgraceful.” A judge is currently deciding whether Lozito, who sued the city last year for failing to prevent the attack, will get his day in court.
Read more »The unregulated digital world of Bitcoins suffered another flash-crash last night. According to Ars Technica, the 23% plungefest in the value of the digital currency (the second in a week) was due not to Waddel & Reed, not HFT algos, but 'forking' Cryptographic algos gone wild agreeing on different (legacy) keys as being correct - akin to finding Tungsten in your Gold bars (and hence the drop in the value). This latest glitch is different from the problem that caused Bitcoin prices to briefly crash to zero in June of 2011.
Read more »Since the collapse of Arthur Andersen, the government is now afraid to prosecute large companies and banks in particular. Unfortunately, they're also unwilling to prosecute individual employees of those same corporations.
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"When the US invaded Iraq in March 2003, the Bush administration estimated that it would cost $50-60bn to overthrow Saddam Hussein and establish a functioning government. This estimate was catastrophically wrong: the war in Iraq has cost $823.2bn between 2003 and 2011. Some estimates suggesting that it may eventually cost as much as $3.7tn when factoring in the long-term costs of caring for the wounded and the families of those killed."
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Jennifer Ryan
A Maryland state senator has crafted a bill to curb the zeal of public school officials who are tempted to suspend students as young as kindergarten for having things — or talking about things, or eating things — that represent guns, but aren’t actually anything like real guns. The bill also includes a section mandating counseling for school officials who fail to distinguish between guns and things that resemble guns. School officials who fail to make such a distinction more than once would face discipline themselves.
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With American drug use levels essentially the same as — and levels of drug-related violence either the same as or lower than — those in countries like the Netherlands with liberal drug laws, public support for the War on Drugs appears to be faltering. This was most recently evidenced in the victory of major drug decriminalization initiatives in Colorado and Washington. Some misguided commentators go so far as to say the Drug War is “a failure.” Here, to set the record straight, are fifteen ways in which it is a resounding success.
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In a somewhat surprising 9th Circuit ruling (en banc, or in front of the entire set of judges), the court ruled that the 4th Amendment does apply at the border, that agents do need to recognize there's an expectation of privacy, and cannot do a search without reason.
Read more »Last week, Casey Fountain’s third grade son had a birthday party at school. His wife whipped up 30 cupcakes for the boy’s classmates. She topped the treats with plastic army guys. “And shortly after my wife delivered the cupcakes to the school she got a phone call from his teacher that said that the army men had to be removed, because they had guns.” Fountain says the principal called him personally and told him that dressing the cupcakes with soldiers was insensitive considering recent gun related tragedies, referring to the massacre at Sandy Hook Elementary in Connecticut.
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