Electronic Recovery and Access to Data (ERAD) Prepaid Card Reader. This tool, developed by the Department of Homeland Security (DHS), is increasingly being deployed by local police departments, allows cops to swipe prepaid cards, check the balance, freeze the account and take all the money. The ostensible purpose is to go after “bad guys” with “dirty money,” as drug traffickers are turning to prepaid cards instead of bundles of cash when traveling. Will undoubtedly bring about more theft from innocent people, including those with no actual drugs.
The US government has opposed South Korea’s plans to export T-50 Golden Eagle supersonic training jets to Uzbekistan as it fears a possible leakage of technology to Russia, the Korea Times newspaper reported citing a military source on Sunday.
The state has $66.1 million in excess tax revenue from recreational pot sales and the voters get to decide how it’s spent. Proposition BB, up for a vote in less than two weeks, would allocate all of the extra funds entirely to the state; $40 million for school construction and $12 million for marijuana education.
Governor Hickenlooper, who opposed the legalization of recreational marijuana, now supports keeping all of that revenue for the state.
Over the next six months, Barcelona’s left-wing city council plans to roll out a cash-less local currency that has the potential to become the largest of its kind in the world. The main goal of the project, according to a council spokesperson, is to boost economic opportunities for local businesses and traders.
In the 2016 defense budget, hundreds of millions of dollars — funds that could be spent improving America for Americans — are openly going to train and arm “rebel” forces in Iraq, Syria and Ukraine in what amounts to little more than a thinly-veiled proxy war with Russia (and a payday for American defense contractors).
DuPont has been dumping the chemical, C8 (Perfluorooctanoic Acid), into the water supply near its facility in West Virginia for decades. Carla Bartlett of Ohio is the first in over 3,500 lawsuits against the company to actually win. DuPont has known of the chemical’s toxicity since the 1950’s, but continued to manufacturer it. DuPont was found negligent and was forced to award Bartlett $1.6 million.
A review of Mr. Bush’s finances shows that he has built his personal wealth with the help of companies that had business interests with Florida while he was governor, and that singled out his political expertise and government experience as important assets. Roughly half of the $36.8 million he has earned since he left office in 2007 stems from such companies, according to campaign disclosures and government filings.
Iceland has just sentenced 26 bankers to a combined 74 years in prison. The majority of those convicted have been sentenced to prison terms of two to five years. The maximum penalty in Iceland for financial crimes is six years, although hearings are currently underway to consider extending the maximum.
Obama is pressing for Congress to give Puerto Rico (PR) sweeping powers to reduce its $73 billion debt burden through a form of bankruptcy protection not now available to American territories and will also ask lawmakers to establish an independent body to monitor the island’s fiscal affairs (a la Troika).
Defying the international call for an arms embargo over war crimes concerns, the U.S. Department of Defense (DoD) announced Tuesday it has approved an $11.25 billion deal to sell combat ships to Saudi Arabia, which has been waging war against Yemen for more than six months.
Mass unemployment, destroying jobs in every conceivable sector, is a growing danger. Truckers, factory workers, waitresses, teachers, bureaucrats and bosses are all directly threatened by robotic labor. In a short span of time, employment could go from bad to virtually non-existent.
The Chinese payment system intends to replace Visa and MasterCard that were forced to leave the peninsula following sanctions after it rejoined Russia in 2014. BaykalBank is the first lender to start issuing UnionPay payment cards in Crimea.
Illinois Comptroller Leslie Geissler Munger; due to the bitter budget battle going on in Springfield, the state would miss a $560 million pension payment in November. Unable to pass a budget leading to all types of absurdities including possibility of shortened school years to lottery winners being paid in IOUs.
Despite the different political status of the two nations, the crises in both Puerto Rico and Greece bear similar hallmarks. The political and economic responses to the crises have also been remarkably similar, involving the implementation of strict austerity measures, privatizations of key public assets and the threat of further cuts in the future.
General Joseph Dunford, the chairman of the US joint chiefs of staff, flew to Tel Aviv Sunday to discuss a 10-year military aid package worth some $3.7 billion a year. The pledge of increased American military support came in the midst of an increasingly brutal Israeli crackdown on Palestinians within both the occupied territories and Israel itself.
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