What took place in Washington over the past two weeks with the repeal of Dodd Frank and then the effective repeal of the Volcker Rule sounds strikingly familiar to at least three previous periods in American History that led to total disaster. What the bankers just pulled off will lead to their demise. They have played with a historical fire that may end in actual bloodshed. It would not be the first time they have been dragged from their palaces and hanged on the streets. That is what the term “BLACK FRIDAY” really stood for – the day a mob hanged bankers on Wall Street.
The trend toward pre-crisis lending practices worries analysts who favored far-reaching reforms to safeguard the system. Johnson said he fears that last week's congressional vote shows that bank lobbyists still carry the political clout to dilute financial regulations. The Treasury Department's Office of Financial Research, set up after the crisis to monitor risks, said this month that "threats to financial stability are moderate." Richard Hunt, president of the Consumer Bankers Association l
It’s not too hard to see a world where humans struggle to stay relevant as machines far outpace their intelligence and capabilities. This is what Andrew McAfee, research scientist at Massachusetts Institute of Technology and author of 'The Second Machine Age', discussed at the Gartner Symposium on the Gold Coast.
RedHack - a Turkish hacker collective - has hacked the website of the Turkey Electricity Transmission Company, and, as TechWorm reports, claim to have deleted the pending bills of Turkish citizens amounting to Turkish Lira 1.5 trillion (a stunning $668.5 billion). The collective, which has many hacktivism projects against Turkey's internet censorship laws, posted a video of how they deleted the debt of millions of Turks.
Officers and their families are concerned that antagonism toward police might make them targets of violence or retaliation, Pasco said. They also worry about identity theft and so-called doxxing, in which an individual’s address and contact information are published online as a form of public shaming.
Russell Simmons, co-founder of Def Jam Recordings, appeared on CNN last night on Out Front with Erin Burnett to warn there are more protests coming if "demands" are not met. We are seeing the beginning of the end of police policing the police, he added. "On Wednesday, we are going to ask for indictments and list of achievable demands." ("We" referring to high profile celebrities and athletes that share Simmons' beliefs.) "And America has not seen protests like those that are coming if justice do