European Freedom Of Speech Threatened As Social Networks Vow To Combat Self-Determined "Hate Speech"
By Tyler Durden
Submitted by Joseph Jankowski via PlanetFreeWill.com,
Social media giants Facebook Inc., Twitter Inc., Google and Microsoft Corp. have vowed to tackle online hate speech in less than 24 hours as part of a joint commitment with the European Union to combat the use of social media by terrorists, reports Bloomberg Technology.
Beyond national laws that criminalize hate speech, there is a need to ensure such activity by Internet users is “expeditiously reviewed by online intermediaries and social media platforms, upon receipt of a valid notification, in an appropriate time-frame,” the companies and the European Commission said in a joint statement on Tuesday.
The companies claim that it remains a “challenge” to strike a balance between protecting freedom of expression and eliminating hate speech because of the user generated content on their platforms.
Romain Dillet of Tech Crunch speculates that the Social Networks are trying to tackle hate speech to avoid responsibility.
Dillet reports:
Tech companies probably don’t want to be held responsible for hate speech and are now taking a strong stance against hate speech. This is surprising as many social networks have promoted free expression and have refused to delete content or accounts in the past (except when it comes to copyrighted material).
But it’s been a slow and steady change. Twitter has already suspended 125,000 accounts related to ISIS since mid-2015. Facebook already agreed to work with the German government against hateful speech back in September 2015. Google and Twitter later joined Facebook and the German government in December 2015. Now, four tech companies are making a formal pledge at the European level against hate speech.
Twitter’s head of public policy for Europe, Karen White, said in a statement that the company remains “committed to letting the Tweets flow,” but “there is a clear distinction between freedom of expression and conduct that incites violence and hate.”
Within the EU there has been numerous cases of individuals being arrested for “hate speech” and “offensive” language, which sparks concern over social networks becoming an arm of the political correctness police that now patrol the EU.
In early May it was reported that YouTuber Markus Meechan was arrested for a satire video where he trained his girlfriend’s dog to perform a “Nazi salute” when he says “gas the Jews.”
When Scottish Police showed up at Meechan’s house they told him he was being arrested for hate crimes over the video.
British police arrested a man in February for criticizing Syrian Migrants on Facebook while promising that there would zero tolerance For ‘Offence’ Online.
Although networks like Twitter are saying that there will be an attempt to balance out free expression and what they consider to be dangerous, the fact that the lines have already been blurred between the two inside the EU is quite concerning.
Jim Grant: Gold Isn’t A Hedge Against Monetary Disorder, It’s "An Investment In It"
By Tyler Durden
Jim Grant, founder of Grant's Interest Rate Observer has long been a proponent of gold, and equally a critic of central planners. He sat down recently for an interview at John Mauldin's strategic economic conference to discuss his views on gold, and how he struggles to understand those who view gold as an irrelevant curiosity.
Grant is always worth a read and/or listen.
On his current view regarding gold, Grant's humor was on display as he described to what degree he was bullish on gold, and that he wouldn't categorize gold as a hedge against monetary disorder but rather a bet on it.
“This is not going to be any news, Jim Grant is bullish on gold. The degree I would characterize as 'very'. I would characterize gold not so much as a hedge against monetary disorder, but as an investment in it. People will say well that's a hedge against armageddon, no, armageddon doesnt' happen mostly, but what we are in the midst of is monetary shenanigans, and I see no real chance of being fewer of them, and a great chance there will be more of them.“
Regarding Western central banks having different ideas on whether or not to even own gold, for example the Canada, who recently sold all of its gold reserves, Grant pokes a bit of fun at the monetarist view of the world, and cautions that when Western central banks start to sell gold it's time to pay attention because that's a signal of significant distress in the world.
“Western central banks to the extent that they are run by people who follow the educational path of Janet Yellen, and Ben Bernanke, and Mervyn King and MIT people I think they have one view which is that gold is a curiosity, it's like a monetary tonsil. It's this thing of ancient standing of no immediate relevance so they can't explain it they don't know what to do with it.“
“Gold however has its fans in the East and gold is moving from West to the East. When Western central banks do sell as the Bank of England did in the late 90's, as little Venezuela did in the first quarter and is probably doing now, typically those are moments to pay attention because they're moments of distress in the world“
“People who hold the view that the stewards of our paper and digital currencies have the answers, that this monetary improv conducted for the past seven or eight years by the world's Western central banks and certainly Japan, that this is the way forward. I try to understand what they're saying but I can't make head nor tail out of it. It seems to me the opposite is so obvious that sometimes I wonder if I'm seeing things.”
On what investors can do to protect themselves from what is coming (other than gold), Grant recommends holding cash (just as Grant Williams said as well).
“Cash is invariably a nice thing to have, even though it yields nothing it's an …read more
Source: Jim Grant: Gold Isn’t A Hedge Against Monetary Disorder, It’s "An Investment In It"
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Ron Paul Rages "Government Can’t Help… It Can Only Hurt"
By Tyler Durden
Submitted by Ron Paul via The Ron Paul Institute for Peace & Prosperity,
Three recent stories regarding three government agencies — the IRS, the Transportation Security Administration (TSA), and the Department of Veterans Affairs (VA) — show why we should oppose big government for practical, as well as philosophical, reasons.
In recent months, many Americans have missed their flights because of longer-than-usual TSA security lines. In typical DC fashion, the TSA claims the delays are because of budget cuts, even though Congress regularly increases the TSA’s funding!
The TSA is also blaming the delays on the fact that few Americans have signed up for its “PreCheck” program. Under PreCheck, the TSA considers excusing some Americans from some of the screening process. Those who wish to be considered must first submit personal information to the TSA and pay a fee. Only a bureaucrat would think Americans would be eager to give the TSA more information and money on the chance that they may be approved for PreCheck.
The TSA is much better at harassing airline passengers than at providing security. TSA agents regularly fail to catch weapons hidden by federal agents testing the screening process. Sadly, Congress will likely reward the TSA's failures with continued funding increases. Rewarding the TSA’s incompetence shouldn’t surprise us since the TSA owes its existence to the failure of government to protect airline passengers on 9/11.
If Congress truly wanted to protect airline passengers, it would shut down the TSA and let airlines determine how best to protect their passengers. Private businesses have a greater incentive than government bureaucrats to protect their customers and their property without stripping their customers of their dignity.
The head of the VA also made headlines last week when he said it is unfair to judge the VA by how long veterans have to wait for medical care, since no one judges Disney World by how long people have to wait in line. Perhaps he is unaware that no one has ever died because he waited too long to go on an amusement park ride.
For years socialized medicine supporters pointed to the VA as proof that a government bureaucracy could deliver quality health care. The stories of veterans being denied care or receiving substandard care demolish those claims.
If Congress truly wanted to ensure that veterans receive quality health care, it would stop forcing veterans to seek health care from a federal bureaucracy. Instead, government would give veterans health-care vouchers or health savings accounts and allow them to manage their own health care. Congress should also dramatically reduce the costs of providing veterans care by ending our militaristic foreign policy.
Another story last week highlights the one thing government does do well: violate our rights. The House Judiciary Committee held a hearing on impeaching IRS Commissioner John Koskinen over his role in the IRS's persecution of conservative organizations.
Those who value liberty and constitutional government should support impeaching Koskinen. However, truly protecting Americans from IRS tyranny requires eliminating the income tax. Despite the claims of some, a flat tax …read more
Source: Ron Paul Rages "Government Can’t Help… It Can Only Hurt"
Softbank dumping nearly $8 billion in Alibaba stock
Japanese telecom Softbank, an early investor in Alibaba, says it plans to sell nearly $8 billion of its stake in the Chinese tech firm.
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Source: Softbank dumping nearly $8 billion in Alibaba stock
Jeff Bezos decries Trump for trying to ‘chill the media’
Sounding more like a newspaper owner than a Fortune 500 CEO, Jeff Bezos denounced Donald Trump’s attacks against the media on Tuesday night. …read more
Source: Jeff Bezos decries Trump for trying to ‘chill the media’
Appeals Court Delivers Devastating Blow To Cellphone-Privacy Advocates
By Tyler Durden
Authored by Jenna McLaughlin via TheIntercept.com,
Courts across the country are grappling with a key question for the information age: When law enforcement asks a company for cellphone records to track location data in an investigation, is that a search under the Fourth Amendment?
By a 12-3 vote, appellate court judges in Richmond, Virginia, on Monday ruled that it is not — and therefore does not require a warrant.
The 4th Circuit Court of Appeals upheld what is known as the third-party doctrine: a legal theory suggesting that consumers who knowingly and willingly surrender information to third parties therefore have “no reasonable expectation of privacy” in that information — regardless of how much information there is, or how revealing it is.
Research clearly shows that cell-site location data collected over time can reveal a tremendous amount of personal information — like where you live, where you work, when you travel, who you meet with, and who you sleep with. And it’s impossible to make a call without giving up your location to the cellphone company.
“Supreme Court precedent mandates this conclusion,” Judge Diana Motz wrote in the majority opinion. “For the Court has long held that an individual enjoys no Fourth Amendment protection ‘in information he voluntarily turns over to [a] third part[y].’” The quote was from the 1979 Supreme Court case Smith v. Maryland.
The 5th, 6th, and 11th circuits have reached the same conclusion.
However, there’s been a lot of disagreement within the lower courts and among privacy advocates that the third-party doctrine is consistent with the way people live their lives in the digital age — primarily on their cellphones.
A three-judge panel of the 4th Circuit in fact first ruled last August that getting cell-site records in bulk did constitute a search, triggering a warrant requirement. In the case, United States v. Graham, the government obtained 221 days’ worth of records belonging to a robbery suspect in Baltimore.
The panel’s opinion relied heavily on a separate legal theory, called mosaic theory, to come to that conclusion: the argument that even if one instance of evidence gathering doesn’t count as a search, asking for a large number of data points can eventually amount to one.
For a while, it looked like there might be a split in the lower courts that would require the Supreme Court to reconsider the third-party doctrine.
But now that the 4th Circuit has ruled, that seems less likely.
Privacy advocates were disappointed:
So depressing: 4th Cir Ct of Appeals en banc holds government doesn't need warrant to access cell site location info https://t.co/SgRqyhvRzV
— Jen Lynch (@lynch_jen) May 31, 2016
I have to believe that we have a good chance of reigning in the 3rd Party Doctrine's wild over-application. But today I'm not optimistic.
— Nate Cardozo (@ncardozo) May 31, 2016
The three judges in the minority wrote a strongly worded dissent.
“Only time will tell whether our society will prove capable of preserving age-old privacy protections in this increasingly networked era. …read more
Source: Appeals Court Delivers Devastating Blow To Cellphone-Privacy Advocates
Special Forces Insider Warns Of Serious Civil Unrest This Summer: "Everything Is Right For Things To Go Very Wrong"
By Tyler Durden
Submitted by Mac Slavo via SHTFPlan.com,
In the lead up to the Presidential election we’ve seen pockets of riotous behavior across America. Whether supporting Trump, Sanders, Hillary or Cruz, average Americans appear to be ready to go to war with their government or with each other. This sentiment, coupled with continued economic degradation and a general feeling of a populace that has for decades been marginalized by the political machine in the United States, is showing all the signs of serious civil unrest on the horizon.
In the following interview with Infowars.com special forces commando Tim Kennedy weighs in, describing the current situation as a trench having been dug and filled with accelerants just waiting to be ignited.
Kennedy is a continuity of government expert, which means he’s well versed in not only how the powder keg of civil unrest could potentially explode, but what The-Powers-That-Be will do once it does.
For civil unrest to happen you have to have a bunch of little things that set up for the perfect situation. You have to have a reason.
People are so emotionally involved in this Presidential election right now… and finally for the first time realizing there is something wrong with our country… the eyes are open… we know that something’s not right.
Even though we have a President saying ‘I’m trying to break down borders‘ we’ve never had so much hate between different racial segments… what’s even more scary is that we know all of these things individually are setting up the perfect opportunity for serious civil unrest…
Now that we’re moving into summer… we’re moving into the Presidential election… we’re sending troops into Iraq… we’re looking at groups and segments of people who are supporting specific Presidential nominees…
We have a perfect conducive environment for some serious problems… you think riots in Missouri were bad? Just wait until July… wait until August.
The trench has been dug and it is full of accelerants… everything is right for things to go very wrong.
Kennedy warns that once civil unrest happens on a nationwide scale, you’d better have taken steps to prepare, because just as we saw in Venezuela, Argentina and elsewhere during such tense periods, essential goods disappear from the shelves almost overnight.
And while such events are often dismissed by Americans as improbable, your concerns over the possibility are not without merit.
As an individual you have to get ready.
Don’t care if people think that you’re crazy… don’t think that you’re being a fanatic… that you’re being a prepper.
I’m only responsible for my family… My family is going to have food… My family is going to have water… We are going to be safe.
And if you think I’m crazy because I want to make sure my family is protected, fine, that’s the way it is.
But as an individual you need to look and research about ways to prepare in whatever city you live in.
In short, should widespread civil unrest, whether this summer or at any …read more
Japan Is First To Panic; Won’t Be The Last
By Tyler Durden
Submitted by John Rubino via DollarCollapse.com,
The most widely-reported result of the recent G-7 meeting was Japan’s attempt to convince the other major economies to admit that a crisis is imminent and take appropriately radical steps. The response seems to have been a bunch of blank stares. As India’s Business Standard noted:
G7 pact offers minimal cover for Abenomics reset
A Group of Seven compromise offers minimal cover for Shinzo Abe. The Japanese prime minister’s plan to revitalize the world’s third-largest economy needs fresh impetus. Abe didn’t get as much international backing as he might have liked from hosting the rich nations’ club. But, the summit communique can, just about, be spun his way.
Abe’s counterparts, understandably, do not share his view that the world risks another Lehman Brothers-style financial crisis. That is important because Abe has inexplicably committed to raising the country’s sales tax next April, a surefire way to choke off recovery – unless a shock of this scale emerges.
So Japan — which, remember, has already borrowed eye-popping amounts of money, increased its central bank balance sheet by more as a percent of GDP than have either the Fed or ECB, and pushed interest rates on most of its government bonds into negative territory, all to no avail — has decided to act on its (manifestly justified) sense of panic by starting a new round of deficit spending:
Japan’s Abe Plans Up to $90.7 Billion Stimulus, Nikkei Says
(Bloomberg) – Japan Prime Minister Shinzo Abe plans to propose a fiscal stimulus package of as much as 10 trillion yen ($90.7 billion) after warning Group of Seven leaders that the global economy faces significant risk of another crisis, according to the Nikkei newspaper.
Abe will seek a second supplementary budget worth 5 trillion yen to 10 trillion yen after July’s upper-house election, the Nikkei reported Saturday without attribution. Proposals will include accelerating the construction of a magnetic-levitation train line from Nagoya to Osaka, issuing vouchers to boost consumer spending, increasing pay for child-care workers and setting up a scholarship fund, the Nikkei said.
“When you want to get the economy going, as long as demand in Asia is weak, you need additional public spending,” Martin Schulz, a senior economist at Fujitsu Research Institute in Tokyo, said by phone. “Since private spending is still not picking up, the government is simply taking up the slack.”
The stimulus package would be the second this fiscal year after Japan approved a 778 billion yen supplementary budget this month to aid recovery from earthquakes in the Kumamoto region.
And about that tax increase…
Japan Abe set to delay sales tax hike by one-three years – sources
(Reuters) – Japanese Prime Minister Shinzo Abe will postpone a sales tax hike planned for next year, perhaps by as much as three years, government sources say, a move he will justify as part of G7 efforts to avert another global financial crisis.
While the tax hike was seen as critical to reining in Japan’s massive public debt, Abe and his aides …read more
Source: Japan Is First To Panic; Won’t Be The Last
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Exclusive: How ISIS makes up for lost oil cash
ISIS is struggling with its oil business, but it’s cranking up what it taxes the people living in its territory. …read more
Source: Exclusive: How ISIS makes up for lost oil cash
Shari Redstone fires back at Viacom
Shari Redstone says she has no interest in taking control of Viacom, rebutting accusations by the company’s board that she was planning a takeover of her father’s media company. …read more
Source: Shari Redstone fires back at Viacom
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