Sunday, January 14, 2018
Saturday, January 13, 2018
In addition to the Uranium One deal, according to the FBI, Hillary Clinton and the Obama Whithouse colluded with Russia, facilitating the transfer of sensitive IT, computer, satellite, missile, and nuclear technology.
The U.S. Army Foreign Military Studies Program at Fort Leavenworth issued a report in 2013 (written in 2012) about the security implications of Skolkovo. The report declared that the purpose of Skolkovo was to serve as a “vehicle for worldwide technology transfer to Russia in the areas of information technology, biomedicine, energy, satellite and space technology, and nuclear technology.” Of course, technology can have multiple uses—both civilian and military. And the report noted that “the Skolkovo Foundation has, in fact, been involved in defense-related activities since December 2011, when it approved the first weapons-related project—the development of a hypersonic cruise missile engine. The project is a response to the U.S. Department of Defense’s Advanced Hypersonic Weapon, part of the Prompt Global Strike program. Sophisticated physical security, consisting of cameras, thermal imaging, and alarms, also suggests that not all of the center’s efforts are civilian in nature.”158
Because of the way Skolkovo operates, “the government’s operation of Skolkovo and investment positions in companies will likely provide its military awareness of and access to technologies.”159
The report further noted that “Skolkovo is arguably an overt alternative to clandestine industrial espionage—with the additional distinction that it can achieve such a transfer on a much larger scale and more efficiently.”160
In short, the FBI and the U.S. Army have raised serious concerns about these activities serving to subsidize and enhance the military technological capabilities of the Russian government.
Sunday, December 31, 2017
I don’t philosophically agree with the idea of bitcoin or other cryptocurrency. The US Constitution directs the US government to “coin” its own money and (preserve) regulate its value and regulate interstate commerce (avoid inflation = hidden taxation).
If we had a constitutional money system, the US Treasury would create all money, physical and digital. Since most money is created upon loan origination, in a fractional reserve system, the US government would have a federal system that provided loans directly to individuals, corporations, cities and states through locally administered non-profit Safety Societies. The US governemt would collect prime interest on all money creation in a “just-in-time” economic syatem (voluntary tax). Local Safety Societies would collect loan origination fees to cover overhead only.
Safety Societies wouldn't need to amass profits to make more loans as megabanks do today. Safety Societies can create money on-demand and approve a loan based on the the projected value of a real asset (house or building or community aquatic center) that is desired to be built. Safety Societies would never lend for things of speculative value. This is what makes them safe.
Bitcoin was supposed to be a distributed, decentralized virtual currency. Its main value is for laundering large amounts of illicit money and sending money overseas. However, for day-to-day usage, bitcoin is too slow and limited with huge fees a small block size of 2 mb per block. Each block is mined every 10 minutes, and those transactions that pay the largest fees go first. Bitcoin cannot handle generalized adoption. Despite all its crazy processing power on its network (exa-hashes), it cannot possibly process all the needed transactions fast enough.
A company called Bitstream is fighting to prevent Bitcoin from increasing its blockchain size and keeping high fees in favor of their “lightning network” which would allow side transactions to occur through nodes with established side- channels. If you establish trading channel with another entity, the channel stays open allowing others to transfer bitcoin through that established channel called nodes. The consequence of thus idea is that the lightning network will centralize a system that was meant to be decentralized.
Thursday, December 21, 2017
I really liked Trump starting the cabinet meeting with a prayer by Ben Carson. How do we get our media to stop attacking our president with continual lies. When does printing lies and fake news become not only defamation but also sedition.