Showing posts from December 28, 2011

Why We Must Stop SOPA

Why We Must Stop SOPA

Right now, there are two pieces of legislation in Congress that would change the Internet forever if they are enacted. The Stop Online Piracy Act (SOPA) and the Protect Intellectual Property Act (PIPA) would give the federal government the ability to potentially shut down millions of websites. SOPA (the version being considered in the U.S. House of Representatives) is the more dangerous of the two. It would essentially be the equivalent of a nuclear bomb being dropped on the Internet. It would give government officials unlimited power to very rapidly shut down any website that is found to "engage in, enable or facilitate" copyright infringement. That language is very broad and very vague. Many fear that it will be used to shut down any websites that even inadvertently link to "infringing material". Can you imagine a world where there is no more Facebook, Twitter or YouTube? Sites like those would be forced to hire thousands of Internet censors …

“The whole system is corrupt!”

A Run On The Global Banking System - How Close Are We? uest Post via Gonzalo Lira

Nine weeks after its bankruptcy, the general public still hasn’t quite realized the implications of the MF Global scandal.

My own sense is, this is the first tremor of the earthquake that’s coming to the global financial system. And how the central banks and financial regulators treated the “Systemically Important Financial Institutions” that had exposure to MF Global—to the detriment of the ordinary, blameless customer who got royally ripped off in its bankruptcy—is both the template of how the next financial crisis will be handled, and an accelerator that will make the next crisis happen that much sooner.

So first off, what happened with MF Global?

Simple: It went bankrupt—because it made bad bets on European sovereign debt, by way of leveraging positions 100-to-1. Yeah, I know: Stupid. Anyway, they went bankrupt—which in and of itself is no big deal.

actual confession from Ben Bernanke that the FEDERAL RESERVE BANK caused the Great Depression.

Bernanke: Federal Reserve caused Great Depression -- "We did it. ... very sorry, won't do it again" This article by WorldNetDaily is a real wake-up call for those who don't understand how money works and what causes the business cycle [ie. depressions/recessions/housing bubbles/etc.].

It's sooooo good that we have an actual confession from Ben Bernanke that the FEDERAL RESERVE BANK caused the Great Depression.

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Bernanke: Federal Reserve caused Great Depression

Fed chief says, 'We did it. ... very sorry, won't do it again'

Posted: March 19, 2008By David Kupelian© 2011 WND

Despite the varied theories espoused by many establishment economists, it was none other than the Federal Reserve that caused the Great Depression and the horrific suffering, deprivation and dislocation America and the world experienced in its wake. At least, that's the clearly stated view of current Fed Chairman Ben Be…

When Shall These Things Be?

Elder Ballard's devotional talk was replayed on the BYU TV Channel on December 26, 2011
When Shall These Things Be?

M. Russell Ballard was a member of the Quorum of the Twelve Apostles of
The Church of Jesus Christ of Latter-day Saints when this devotional address
was given at Brigham Young University on 12 March 1996.

© Intellectual Reserve, Inc. All rights reserved.
Complete volumes of Speeches are available wherever LDS books are sold.
For further information contact:
Speeches, 218 University Press Building, Provo, Utah 84602.
(801) 422-2299 / E-mail: / Speeches Home Page
May I speak for everyone of you in extending our love and sympathy to Sister Lee, her children, and grandchildren upon the death of our dear friend and president Rex Lee. Thank you, Janet, for all that Rex and you have done for the Church and this great university. May the Lord bless you and yours now and always.
Sister Ballard and I are honored that President and Sister Bat…