March 2014 archive

Mar 07 2014

Not Legal Tender

Ask any Modern Monetary Theorist and they’ll tell you the difference between Bitcoin and a currency is that it’s not legal tender, that is to say that it’s not mandated by the State as acceptable payment for all debts, public and private.

Instead this libertarian fantasy is a mere illusion of a commodity, not even as useful as gold which you can’t eat but at least has the properties of non-reactivity, conductivity, and ductility.

Third cryptocurrency exchange becomes hacking victim, loses Bitcoin

By Charlie Osborne for Zero Day

March 6, 2014 — 10:27 GMT (02:27 PST)

Poloniex, a Bitcoin trading post similar to Mt. Gox, has lost 12.3 percent of the Bitcoin stored in hot wallets on the website. However, in stark contrast to how Mt. Gox CEO Mark Karpeles handled his company’s Bitcoin losses, the owner of Poloniex, Tristan D’Agosta — a.k.a. Busoni — admitted to the loss and asked users how they would like to be compensated.

…

Mt. Gox, once the dominate Bitcoin trading post online, closed its doors last week and filed for bankruptcy protection in Japan following years of undetected infiltration that resulted in the theft of 750,000 customer-owned Bitcoin, as well as Mt. Gox’s store of roughly 100,000 coins, in total worth almost $500 million. System design flaws, hackers and poor accountancy practices have been blamed for the massive financial losses.

Flexcoin follow suit and closed after hackers stole 896 Bitcoin — worth approximately $606,000 — and the trading exchange did not have the funds or resources to recover.

For Bitcoin, Secure Future Might Need Oversight

Farhad Manjoo, The New York Times

MARCH 5, 2014

To save their nascent currency, Bitcoin’s backers may be forced to alter their philosophy and embrace the same messy humans – auditors, insurers and even regulators – that the currency’s most ardent supporters have long abhorred. This raises two difficult questions: Can human oversight integrate into Bitcoin’s free-for-all ethos quickly enough to render Bitcoin safe? And, can Bitcoin be made safer without tamping down on the very openness that proponents say makes Bitcoin such a cheap, efficient and innovative financial platform? At the moment, the answers are still very much up in the air.

Continue reading the main story

Some in the more mainstream part of the Bitcoin world – firms that have sought venture capital and are trying to appeal to ordinary investors and large businesses – say they’re up to the challenge. They are working to set up stringent technical and financial audits of trading sites, and to create insurance mechanisms so that holders of Bitcoin won’t be wiped out by catastrophic losses like the one at Mt. Gox. There are even efforts to pursue government oversight.

CEO of bitcoin exchange found dead in Singapore

By Associated Press

Published: March 6

The American CEO of a virtual currency exchange was found dead near her home in Singapore.

…

Postings on her Facebook page showed her to be a believer in the potential of virtual currencies.

Last month, she linked to an article on entrepreneurs suffering depression, commenting above the link: everything has its price.

Mar 07 2014

On This Day In History March 7

Cross posted from The Stars Hollow Gazette

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

March 7 is the 66th day of the year (67th in leap years) in the Gregorian calendar. There are 299 days remaining until the end of the year.

On this day in 1965, a group of 600 civil rights marchers are forcefully broken up in Selma, Alabama. This day would be remembered in the Civil Rights Movement as “Bloody Sunday”

The Selma to Montgomery marches were three marches in 1965 that marked the political and emotional peak of the American civil rights movement. They grew out of the voting rights movement in Selma, Alabama, launched by local African-Americans who formed the Dallas County Voters League (DCVL). In 1963, the DCVL and organizers from the Student Nonviolent Coordinating Committee (SNCC) began voter-registration work. When white resistance to Black voter registration proved intractable, the DCVL requested the assistance of Martin Luther King, Jr. and the Southern Christian Leadership Conference, who brought many prominent civil rights and civic leaders to support voting rights.

The first march took place on March 7, 1965 – “Bloody Sunday” – when 600 civil rights marchers were attacked by state and local police with billy clubs and tear gas. The second march took place on March 9. Only the third march, which began on March 21 and lasted five days, made it to Montgomery, 51 miles away.

The marchers averaged 10 miles a day along U.S. Route 80, known in Alabama as the “Jefferson Davis Highway”. Protected by 2,000 soldiers of the U.S. Army, 1,900 members of the Alabama National Guard under Federal command, and many FBI agents and Federal Marshals, they arrived in Montgomery on March 24, and at the Alabama Capitol building on March 25.

The route is memorialized as the Selma To Montgomery Voting Rights Trail, a U.S. National Historic Trail.

Selma essentially became the focus the right to vote marches because it was the seat of Dallas County, AL that although it has a black population of 57% with 15,000 blacks elegible to vote, there were only 130 registered. Efforts to register voters were blocked by state and local officials, the White Citizens’ Council, and the Ku Klux Klan, using a literacy test, economic pressure, and violence.

On July 2, 1964, President Lyndon B. Johnson signed the Civil Rights Act of 1964 into law, which declared segregation illegal, yet Jim Crow remained in effect. When attempts to integrate Selma’s dining and entertainment venues were resumed, blacks who tried to attend the movie theater and eat at a hamburger stand were beaten and arrested.

On July 6, John Lewis led 50 blacks to the courthouse on registration day, but Sheriff Clark arrested them rather than allow them to apply to vote. On July 9, Judge James Hare issued an injunction forbidding any gathering of three or more people under the sponsorship of civil rights organizations or leaders. This injunction made it illegal to even talk to more than two people at a time about civil rights or voter registration in Selma, suppressing public civil rights activity there for the next six months.

Planning the First March

With civil rights activity blocked by Judge Hare’s injunction, the DCVL requested the assistance of King and the Southern Christian Leadership Conference (SCLC). Three of SCLC’s main organizers – Director of Direct Action and Nonviolent Education James Bevel, Diane Nash, and [http://en.wikipedia.org/wiki/James_Orange James Orang, who had been working on Bevel’s Alabama Voting Rights Project since late 1963, a project which King and the executive board of SCLC had not joined. When SCLC officially accepted Amelia Boynton’s invitation to bring their organization to Selma, Bevel, Nash, Orange and others in SCLC began working in Selma in December 1964. They also worked in the surrounding counties along with the SNCC staff who had been active there since early 1963.

The Selma Voting Rights Movement officially started on January 2, 1965, when King addressed a mass meeting in Brown Chapel in defiance of the anti-meeting injunction.

Over the following weeks, SCLC and SNCC activists expanded voter registration drives and protests in Selma and the adjacent Black Belt counties. In addition to Selma, marches and other protests in support of voting rights were held in Perry, Wilcox, Marengo, Greene, and Hale counties.

On February 18, 1965, an Alabama State Trooper, corporal James Bonard Fowler, shot Jimmie Lee Jackson as he tried to protect his mother and grandfather in a café to which they had fled while being attacked by troopers during a nighttime civil rights demonstration in Marion, the county seat of Perry County. Jackson died eight days later, of an infection resulting from the gunshot wound, at Selma’s Good Samaritan Hospital.

In response, James Bevel called for a march from Selma to Montgomery.

Goals of the March

Bevel’s initial plan was to march to Montgomery to ask Governor George Wallace if he had anything to do with ordering the lights out and the state troopers to shoot during the march in which Jackson was killed. Bevel called the march in order to focus the anger and pain of the people of Selma, some of whom wanted to address Jackson’s death with violence, towards a nonviolent goal. The marchers also hoped to bring attention to the violations of their rights by marching to Montgomery. Dr. King agreed with Bevel’s plan, and asked for a march from Selma to Montgomery to ask Governor Wallace to protect black registrants.

Wallace denounced the march as a threat to public safety and declared he would take all measures necessary to prevent this from happening.

The First March: “Bloody Sunday”

On March 7, 1965, 525 to 600 civil rights marchers headed east out of Selma on U.S. Highway 80. The march was led by John Lewis of SNCC and the Reverend Hosea Williams of SCLC, followed by Bob Mants of SNCC and Albert Turner of SCLC. The protest went smoothly until the marchers crossed the Edmund Pettus Bridge and found a wall of state troopers waiting for them on the other side. Their commanding officer told the demonstrators to disband at once and go home. Williams tried to speak to the officer, but the man curtly informed him there was nothing to discuss. Seconds later, the troopers began shoving the demonstrators. Many were knocked to the ground and beaten with nightsticks. Another detachment of troopers fired tear gas. Mounted troopers charged the crowd on horseback.

Brutal televised images of the attack, which presented people with horrifying images of marchers left bloodied and severely injured, roused support for the U.S. civil rights movement. Amelia Boynton was beaten and gassed nearly to death; her photo appeared on the front page of newspapers and news magazines around the world Seventeen marchers were hospitalized, leading to the naming of the day “Bloody Sunday”.

Mar 07 2014

Greenwald & Omidyar

A number of major liberal bloggers are under assault for aligning with the billionaire Omidyar at First Look, and I suppose there are billions and billions of reasons to be skeptical of those who join ranks with interested billionaires.   However, the past histories of the  journalists in question are exemplary concerning basic intelligence and Modern Liberalism, whatever you think of that idea.  I’m presently & personally an idiot liberal, whether that flows from reality or not.

Driftglass has incessantly condemned Greenwald based on his totally unfounded belief that Greenwald’s stories are “always about Saint Greenwald” (i.e., only self-interested), and not about the manifest Surveillance State that Greenwald actually writes about)  I told DG long ago that I thought he was fucking the pooch on that hypothesis, and I’ll stand by that statement until proven wrong.  

Nevertheless, other perennial favorites of mine, Arthur Silber and Chris Floyd, both of whom have my tremendous respect, have both also jumped into the debate, and now my challenge stands like a large, public tumescence: If Greenwald, Scahill, & Wheeler prove to be neo-liberal operatives, I will be sucking dicks I did not want to suck.  Even La Diggs, has said at one time or another, “Whatever you think of Greenwald…,” which is frankly fucking bullshit until Greenwald produces actual bullshit.  

I personally take Silber and Floyd quite seriously, and yet I have no interest in blowing them.

Arthur & Chris, I think my owing you a public rimjob is less than 40%, but let’s wait and see.  Point being, warnings are fine, but condemnation is totally premature.  Give these journalists, of whom there are fewer than fuck in our world, a friggin’ chance to get rolling before premature condemnation ensues.  

K?thnx.bai.

The alternative is to begin killing all billionaires (using machetes!), which is also something to think about, but radical, in many senses of the word.

Arthur, Chris: be human, hold fast.  It’s a rollicking ride.

Mar 07 2014

Late Night Karaoke

Mar 06 2014

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Mar 06 2014

CIA May Have Spied on Its Overseers

Cross posted from The Stars Hollow Gazette

In an article from McCaltchy, it was revealed that the Central Intelligence Agency may have been spying on Senate Select Committee on Intelligence members as they investigated the agency’s involvement and cover up of torture, rendition, and black op prisons. The allegation that the CIA hacked the computers used by committee staffers preparing the 6300 page report has led to the CIA’s Inspector General to request the Justice Department to open an investigation of the SIA’s actions which may have been a violation of an agreement between the committee and the agency.

In question now is whether any part of the committee’s report, which took some four years to compose and cost $40 million, will ever see the light of day.

The report details how the CIA misled the Bush administration and Congress about the use of interrogation techniques that many experts consider torture, according to public statements by committee members. It also shows, members have said, how the techniques didn’t provide the intelligence that led the CIA to the hideout in Pakistan where Osama bin Laden was killed in a 2011 raid by Navy SEALs.

The committee determined earlier this year that the CIA monitored computers – in possible violation of an agreement against doing so – that the agency had provided to intelligence committee staff in a secure room at CIA headquarters that the agency insisted they use to review millions of pages of top-secret reports, cables and other documents, according to people with knowledge.

Sen. Ron Wyden, D-Oregon, a panel member, apparently was referring to the monitoring when he asked CIA Director John Brennan at a Jan. 29 hearing if provisions of the Federal Computer Fraud and Abuse Act “apply to the CIA? Seems to me that’s a yes or no answer.”

Brennan replied that he’d have to get back to Wyden after looking into “what the act actually calls for and it’s applicability to CIA’s authorities.”

At the New York Times, Mark Mazzetti reports:

The origins of the current dispute date back more than a year, when the committee completed its work on a 6,000-page report about the Bush administration’s detention and interrogation program. People who have read the study said it is a withering indictment of the program and details many instances when C.I.A. officials misled Congress, the White House and the public about the value of the agency’s brutal interrogation methods, including waterboarding.

The report has yet to be declassified, but last June, John O. Brennan, the C.I.A. director, responded to the Senate report with a 122-page rebuttal challenging specific facts in the report as well as the investigation’s overarching conclusion – that the agency’s interrogation methods yielded little valuable intelligence.

Then, in December, Mr. Udall revealed that the Intelligence Committee had become aware of an internal C.I.A. study that he said was “consistent with the Intelligence Committee’s report” and “conflicts with the official C.I.A. response to the committee’s report.”

It appears that Mr. Udall’s revelation is what set off the current fight, with C.I.A. officials accusing the Intelligence Committee of learning about the internal review by gaining unauthorized access to agency databases.

Marcy Wheeler explained the lead up to these new revelations:

In January, Ron Wyden and Mark Udall suggested that CIA was hacking into US computers.

   Wyden asked (43;04) John Brennan whether the federal Computer Fraud and Abuse Act applied to the CIA.

       

Wyden: Does the federal Computer Fraud and Abuse Act apply to the CIA?

       Brennan: I would have to look into what that act actually calls for and its applicability to CIA’s authorities. I’ll be happy to get back to you, Senator, on that.

       Wyden: How long would that take?

       Brennan: I’ll be happy to get back to you as soon as possible but certainly no longer than-

       Wyden: A week?

       Brennan: I think that I could get that back to you, yes.

   Minutes later, Mark Udall raised EO 12333′s limits on CIA’s spying domestically (48:30).

     

Udall: I want to be able to reassure the American people that the CIA and the Director understand the limits of its authorities. We are all aware of Executive Order 12333. That order prohibits the CIA from engaging in domestic spying and searches of US citizens within our borders. Can you assure the Committee that the CIA does not conduct such domestic spying and searches?

       Brennan: I can assure the Committee that the CIA follows the letter and spirit of the law in terms of what CIA’s authorities are, in terms of its responsibilities to collect intelligence that will keep this country safe. Yes Senator, I do.

The NYT’s notes that it appears the spying began after the committee members accessed documents that the CIA didn’t want them to see. The next question should be, how did the CIA know what documents were accessed if they weren’t already monitoring the members? What were in those documents that the CIA didn’t want to be seen?

One of the questions that Sen. Udall asked Brennan was if the Computers Crimes and Abuse Act (18 USC § 1030) applied to the CIA. This was part of Brennan’s response

The answer is the statute does apply. The Act, however, does not expressly prohibit any lawfully authorized investigative, protective, or intelligence activity , , , of an intelligence agency of the United States,

It appears not only did the CIA violate the Computer Fraud and Abuse Act, the National Securities Act and EO 12333 but Brennan lied about it to the Senate Intelligence Committee. Why does he still have his job?

Mar 06 2014

Oxymoron: Safe Plastics

We’ve all heard about the problems with BPA and how it leaches an Estrogen-like chemical.  Well it turns out almost all plastics do that though many are unstudied.

Transcript

The Scary New Evidence on BPA-Free Plastics

And the Big Tobacco-style campaign to bury it.

By Mariah Blake, Mother Jones

March/April 2014 Issue

“(A)lmost all” commercially available plastics that were tested leached synthetic estrogens-even when they weren’t exposed to conditions known to unlock potentially harmful chemicals, such as the heat of a microwave, the steam of a dishwasher, or the sun’s ultraviolet rays. According to (George) Bittner’s (professor of neurobiology at the University of Texas-Austin) research, some BPA-free products actually released synthetic estrogens that were more potent than BPA.

Estrogen plays a key role in everything from bone growth to ovulation to heart function. Too much or too little, particularly in utero or during early childhood, can alter brain and organ development, leading to disease later in life. Elevated estrogen levels generally increase a woman’s risk of breast cancer.

Estrogenic chemicals found in many common products have been linked to a litany of problems in humans and animals. According to one study, the pesticide atrazine can turn male frogs female. DES, which was once prescribed to prevent miscarriages, caused obesity, rare vaginal tumors, infertility, and testicular growths among those exposed in utero. Scientists have tied BPA to ailments including asthma, cancer, infertility, low sperm count, genital deformity, heart disease, liver problems, and ADHD. “Pick a disease, literally pick a disease,” says Frederick vom Saal, a biology professor at the University of Missouri-Columbia who studies BPA.

BPA exploded into the headlines in 2008, when stories about “toxic baby bottles” and “poison” packaging became ubiquitous. Good Morning America issued a “consumer alert.” The New York Times urged Congress to ban BPA in baby products. Sen. Dianne Feinstein (D-Calif.) warned in the Huffington Post that “millions of infants are exposed to dangerous chemicals hiding in plain view.” Concerned parents purged their pantries of plastic containers, and retailers such as Walmart and Babies R Us started pulling bottles and sippy cups from shelves. Bills banning BPA in infant care items began to crop up in states around the country.

Today many plastic products, from sippy cups and blenders to Tupperware containers, are marketed as BPA-free. But Bittner’s findings-some of which have been confirmed by other scientists-suggest that many of these alternatives share the qualities that make BPA so potentially harmful.

Mar 06 2014

Cartnoon

Mar 06 2014

On This Day In History March 6

Cross posted from The Stars Hollow Gazette

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

March 6 is the 65th day of the year (66th in leap years) in the Gregorian calendar. There are 300 days remaining until the end of the year.

On this day in 1857, the US Supreme Court hands down its decision on Sanford v. Dred Scott, a case that intensified national divisions over the issue of slavery.

Dred Scott v. Sandford, 60 U.S. 393 (1857), was a ruling by the U.S. Supreme Court that people of African descent imported into the United States and held as slaves (or their descendants, whether or not they were slaves) were not protected by the Constitution and could never be U.S. citizens. The court also held that the U.S. Congress had no authority to prohibit slavery in federal territories and that, because slaves were not citizens, they could not sue in court. Furthermore, the Court ruled that slaves, as chattels or private property, could not be taken away from their owners without due process. The Supreme Court’s decision was written by Chief Justice Roger B. Taney.

Although the Supreme Court has never overruled the Dred Scott case, the Court stated in the Slaughter-House Cases of 1873 that at least one part of it had already been overruled by the Fourteenth Amendment in 1868:

   The first observation we have to make on this clause is, that it puts at rest both the questions which we stated to have been the subject of differences of opinion. It declares that persons may be citizens of the United States without regard to their citizenship of a particular State, and it overturns the Dred Scott decision by making all persons born within the United States and subject to its jurisdiction citizens of the United States.

The Decision

The Supreme Court ruling was handed down on March 6, 1857, just two days after Buchanan’s inauguration. Chief Justice Taney delivered the opinion of the Court, with each of the concurring and dissenting Justices filing separate opinions. In total, six Justices agreed with the ruling; Samuel Nelson concurred with the ruling but not its reasoning, and Benjamin R. Curtis and John McLean dissented. The court misspelled Sanford’s name in the decision.

Opinion of the Court

The Court first had to decide whether it had jurisdiction. Article III, Section 2, Clause 1 of the U.S. Constitution provides that “the judicial Power shall extend… to Controversies… between Citizens of different States….” The Court held that Scott was not a “citizen of a state” within the meaning of the United States Constitution, as that term was understood at the time the Constitution was adopted, and therefore not able to bring suit in federal court. Furthermore, whether a person is a citizen of a state, for Article III purposes, was a question to be decided by the federal courts irrespective of any state’s definition of “citizen” under its own law.

Thus, whether Missouri recognized Scott as a citizen was irrelevant. Taney summed up,

   Consequently, no State, since the adoption of the Constitution, can by naturalizing an alien invest him with the rights and privileges secured to a citizen of a State under the Federal Government, although, so far as the State alone was concerned, he would undoubtedly be entitled to the rights of a citizen, and clothed with all the rights and immunities which the Constitution and laws of the State attached to that character.

This meant that

   no State can, by any act or law of its own, passed since the adoption of the Constitution, introduce a new member into the political community created by the Constitution of the United States.

The only relevant question, therefore, was whether, at the time the Constitution was ratified, Scott could have been considered a citizen of any state within the meaning of Article III. According to the Court, the authors of the Constitution had viewed all blacks as

   beings of an inferior order, and altogether unfit to associate with the white race, either in social or political relations, and so far inferior that they had no rights which the white man was bound to respect.

The Court also presented a parade of horribles argument as to the feared results of granting Mr. Scott’s petition:

   It would give to persons of the negro race, …the right to enter every other State whenever they pleased, …the full liberty of speech in public and in private upon all subjects upon which its own citizens might speak; to hold public meetings upon political affairs, and to keep and carry arms wherever they went.

Scott was not a citizen of Missouri, and the federal courts therefore lacked jurisdiction to hear the dispute.

Despite the conclusion that the Court lacked jurisdiction, however, it went on to hold (in what Republicans would label its “obiter dictum”) that Scott was not a free man, even though he had resided for a time in Minnesota (then called the Wisconsin Territory). The Court held that the provisions of the Missouri Compromise declaring it to be free territory were beyond Congress’s power to enact. The Court rested its decision on the grounds that Congress’s power to acquire territories and create governments within those territories was limited. They held that the Fifth Amendment barred any law that would deprive a slaveholder of his property, such as his slaves, because he had brought them into a free territory. The Court went on to state – although the issue was not before the Court – that the territorial legislatures had no power to ban slavery. The ruling also asserted that neither slaves “nor their descendants, were embraced in any of the other provisions of the Constitution” that protected non-citizens.

This was only the second time in United States history that the Supreme Court had found an act of Congress to be unconstitutional. (The first time was 54 years earlier in Marbury v. Madison).

Mar 06 2014

Muse in the Morning

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Muse in the Morning


Coming colors in the air

Mar 06 2014

I woke up in the steady rain

I woke up when you said,

“it’s late, and I’m feeling heavy,

could you hold my aching head?”

-Daniel Lanois (Acadie)

We gots a little rain in the American Bread-basket that is Gullyvornya.  Peace be to Jimmeny Christmas & the Gulf Stream, et al.  The farmers yanked back their tarps from their hoop greenhouses as a gesture of welcome, because watering your crops and orchards in December is considered a bad sign around here.  It’s still a bad year, but count the blessings that come.

My buddy G sez my “later” blogging (if and when it ever actually happens) sounds like the late saxophone squigglings of the Weather Underground brass section (he is one of the funniest and more profound capitalists you will ever meet, and that means something).    

G also sez Orlov’s Five Stages of Collapse was clarifying.  

Returning to his & mine ancient drinking hijinx, Big G wrote:

Speaking of baking cakes, your Bro Mike has never forgiven me for the Twain Hart Scandal of 1980!

By the thinnest of hairs we escaped the Big Bust. But you and J. were Incorrigible, with escapades in the bushes of TH despite all my entreaties and protests!

At an uncertain time later I ralphed in the tributary of Cow Creek and collapsed into a deep slumber (or coma)! And youz guyz hijacked the Chevelle and went down the hill for more booze (or female accompaniment)!

You were 19, and I was 21. How do we get back there?!?

You gotta be a brother to your brothers and sis’s.  That is built-in programming.

Now, enjoy some Daniel Lanois:

Mar 06 2014

Late Night Karaoke

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