Mike Norman Economics

The Woz is apparently a nice guy. I hope he doesn't lose all his money storing it in Bitcoin.Zero HedgeSteve Wozniak: Bitcoin Is Better Than Gold And The Dollar Tyler DurdenSee alsoHere Comes Bitcoin Gold: Bitcoin Rally Falters On Latest Blockchain "Hard Fork"Tyler Durden Gold Is Better Store of Value Than Bitcoin – Goldman Sachs

A loosely knit collection of Syrian rebel fighters set up positions on March 18, 2013, and fired several barrages of rockets at targets in the heart of Damascus, Bashar al-Assad’s capital. The attack was a brazen show of force by rebels under the banner of the Free Syrian Army, targeting the presidential palace, Damascus International Airport, and a government security compound. It sent a chilling message to the regime about its increasingly shaky hold on the country, two years after an...

As the 2018 midterm congressional election campaigns grow nearer, the poll found that more than two-thirds of registered voters said reducing the U.S. federal budget deficit is more important than cutting taxes for the wealthy or for corporations.Trump’s plan would balloon the deficit and add to the $20 trillion national debt, according to critics and independent analysts, but Republicans say the tax cuts proposed in the plan would be offset by economic growth that would generate new tax...

The state of capitalism is in desperate need of reform and modernisation, according to some of the UK’s top business leaders, who claim that the system has been hurt by management greed, corporate tax dodging and investor short-termism. Speaking on a panel for the Financial Times, former minister Baroness Shriti Vadera, who is now chairwoman of Santander UK, said that “the underlying promise of western capitalist economies — that a rising tide lifts all boats — has been broken”. She said...

Intrigue. McClatchySteve Bannon’s already murky Middle East ties deepenAnita Kumar And Ben Wieder | McClatchy Washington Bureau

Repeating failure in expectation of success.This further exposes the CIA as a secret paramilitary organization rather than an intelligence agency as such.Moon of Alabama Phoenix 2.0 - CIA's Vietnam Terror Unleashed Upon Afghanistan bSee also In short a lot of activity, a lot of killings, a lot of doors kicked in, a lot of personal grudges paid off by fooling the Americans into doing your dirty work and not much else. Shades of Operation Phoenix in Vietnam. Russia ObserverNew US Operations...

Exposing faked news about Venezuela, although it is also about Latin America as a whole and the US attempt to control the region to advance the interests of the US. Dennis Bernstein: You just got back from Venezuela. Why were you there? Daniel Kovalik: I was invited as an election observer for the regional elections that took place on October 15. Dennis Bernstein: Jimmy Carter has said that these elections in Venezuela were some of the fairest in the world. Daniel Kovalik: Yes, he said...

“China is in the midst of a value explosion via a technological revolution which mobilizes the talents of the largest and hardest working population in the world, Goldman says. “It’s something the world has never seen and it’s going to amaze all of us.” Asia TimesChina will amaze us all, says columnist David GoldmanSee also Celebrating the end of his first term in office, President Xi Jinping addressed the opening of the week-long 19th National Congress of the Communist Party of China...

"Bad Rabbit." Ars TechnicaNew wave of Ransomware spreads quickly through Russia and Ukraine Dan Goodin | Security Editor

Randy Wray gets a mention.St. Louts Post-DispatchNicklaus: China's worry about 'Minsky moment' may be a good sign David Nicklaus, business columnist for the St. Louis Post-Dispatch.