Credit-reporting company Equifax shocked investors, and more than a third of America, when it announced on Thursday afternoon that hackers had breached its data systems, compromising the personal information of approximately 143 million U.S. consumers. The information accessed “primarily includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers.” In other words, pretty Read More…
Finance
Hate Is A Racket: SPLC Caught Funneling Millions Overseas
You might not know them by name, but assuming you have ever seen a talking head on MSCNNBCFOXMSMBS fearmongering about the ever-present danger of “hate” groups that (GASP!) don’t worship the government as the holiest institution on the planet then you know they’re work. I’m referring to the Southern Poverty Law Center, a “nonprofit legal Read More…
Can New Digital Payment Systems Give The Power Back To The People?
For all of the turbulent political events that have been witnessed across the globe in the past twelve months, it’s clear that it’s still economic affairs that keep the elite in power. But whilst dubious financial activities look to keep up current trends for global inequality, there’s hope that some ingenious new digital payment systems Read More…
Cannabis Rising: The Business Of Cannabis And Its Exponential Growth
Alcohol was once illegal in the U.S. – that’s almost too hard to comprehend, but it happened less than 100 years ago. Prohibition didn’t stop people from consuming booze, it simply made it harder to get, which attracted the attention of criminal parties and jacked up the price. Remember this valuable lesson: The market will Read More…
One Of The World’s Largest Banks Was Just Accused Of Laundering Millions For Drug Cartels
Commonwealth Bank is in hot water, as civil penalties proceedings begin after an investigation found tens of thousands of violations of money laundering and terrorist financing laws. (TFTP) Commonwealth Bank of Australia stands accused by the Australian Transaction Reports and Analysis Centre (AUSTRAC) of a stupefying 53,700 violations of money laundering and counter-terrorism-financing laws, in which the Read More…
Machine Mania In The Marketplace: How Computers Came To Own The World
With 60% of stocks now being traded by bots that fake each other out in order to create buying opportunities, stock exchanges have lost their connection to the reason markets are created in the first place. The exchanges no longer exist as places for people to buy and sell ownership in a corporation. They exist Read More…