Here in Ecuador the national lockdowns which surge across the economy in destructive waves has destroyed the small family run stores that are the backbone of the working class. All the while the big national chains have been exempted from closing and prosper as never before. The same thing has happened in the U.S. Amazon is enjoying record profits as are the other Big Tech companies. They support the Dems to the tune of hundred of millions of dollars and through massive censorship. Is it any wonder the left wants to keep the lockdowns going? AIER visits the issue.
I don’t like posting two of my books back to back but the events of last week have persuaded me I should. Below is my book on the Arizona impeachment of Evan Mecham. It was a model for how a real impeachment should be. Read it and weep for the travesty Nancy Pelosi and the Dems have made of this constitutional process.
By way of the Freedom of Information Act, thousands of CIA documents on unidentified flying objects (UFOs) — or Unidentified Aerial Phenomena (UAP), as the government calls them — are now accessible via download at the Black Vault website. Frankly, I doubt they will shed any real light on this ongoing phenomenon but you never know. Let me know.
The Feds seize Bitcoin routinely as the result of criminal investigations just as they do luxury boats, houses, cars and traditional bank accounts. They now have an estimated $3 billion worth on their books and as they have on two previous occasions are preparing to sell them. CryptoNews.com argues they’d better serve the public by holding onto them.
In a major step towards the adoption of crypto currencies by Federal regulators, the Chairman of OCC has issued an Interpretive Letter authorizing the use of public blockchain networks and stablecoins, to perform banking-legal functions, such as payment activities. This is a major move toward the adoption of non-stablecoins by the traditional banking system.
Money is, and always has been, an evolving concept. In this age of interconnected computers we’ve reached a new turning point. The U.S. Treasury no longer prints a paper dollar for every dollar it creates. Many of the ‘dollars’ are simply electronic manifestations within a computer it then transfers to The Fed which it turn transfers it to banks. Nothing real, as we understand reality, just bits of electricity in circuits. So is a crypto currency without any government control so farfetched? Read more.
The Washington Examiner has posted an overview of the history of Bitcoin along with a speculation as to its future. Worth reading despite the occasional snide comment and a failure to appreciate the big picture Bitcoin embodies.
My very best to you all and let us hope and work for a better 2021, to the extent the pols will allow it.
In Ecuador, as in many Latin American countries, the custom on New Year’s Eve is to burn a human figure dummy. These dummies are about three-fifth full size, dressed in all manner of clothing, often designed to resemble political figures. You write the events or memories of this past year on a slip of paper then then place it in a pocket of the dummy. Toward midnight the dummy is carried to the street where it is burned. This year Cuenca outlawed the sell of dummies which is a significant source of income to the poor. After protests they relented but still prohibit their burning Thursday night. Good luck with that. The local police refused to enforce the anti-family gathering edict for Christmas and my guess is they won’t enforce this one either.