Alternative News Headlines from New Zealand and Around the World

Hedge Fund Manager Who Remembers 1998 Rout Says Prepare for Pain

Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia.

He was soon working around the clock when investors began targeting the region’s currency pegs, first felling Thailand’s in July. The rout spread through Asia before rocking Brazil and Russia. It led to the collapse of Long-Term Capital Management, an event that introduced the Federal Reserve-brokered bailout.

If the 48-year-old native of Taiwan, with a PhD from Massachusetts Institute of Technology, sounds a little jaded now, it’s not without some reason. He says he worries that many emerging-market analysts are too young to remember the late 1990s. Instead they learned the ropes in an era dominated by the rise of Brazil, Russia, India and China -- a supposed one-way bet to prosperity.

Cops scan social media to help assess your ‘threat rating’

A national spotlight is now focused on aggressive law enforcement tactics and the justice system. Today’s professional police forces — where officers in even one-stoplight towns might have body armor and mine-resistant vehicles — already raise concerns.

Yet new data-mining technologies can now provide police with vast amounts of surveillance information and could radically increase police power. Policing can be increasingly targeted at specific people and neighborhoods — with potentially serious inequitable effects.

Mass Surveillance Fails to Stop Australian Terrorism Hostage Situation

I'm not posting an article here because you all know already what is going down. I would be interested to read what you all have to say and think about this situation. Fire away folks.

USA Republicans: If You Don’t Like Big Meddlesome Government, Move Out

Good advice. America is now a corporate fascist police state mired in fake debt and controlled by psychopaths and if you don't like that, move out. House Republicans, supposedly the vanguard of small government and personal liberty, have delivered a message to America.

They told Washington, DC residents, who voted overwhelmingly to legalize marijuana, that if they don’t approve of language inserted in a “must-pass” spending bill to squash the popular referendum, they can move somewhere else, maybe Colorado or Washington State.

“That’s the way the Constitution was written,” Rep. Andy Harris of Maryland said in an interview Wednesday. “If they don’t like that oversight, move outside of the federal district to one of the 50 states that is not covered by the jurisdiction of Congress as a whole.”

Glyphosate disrupting root systems, destroying soil nutrients and eliminating earthworms

More than 100 million pounds of the weedkiller glyphosate is applied annually to crops in the U.S., contributing to cancers such as non-Hodgkin's lymphoma and liver, pancreas and thyroid cancer, among other health complications. One of the main ingredients in Monsanto's Roundup herbicide, glyphosate, not only is a threat to human health but is aggressively altering our environment in ways that could have long-term consequences.

One of the most recent concerns regarding the widespread application of glyphosate is the impact that it's having on soil nutrients. Some experts allege that USDA scientists are purposely covering up critical information regarding potentially irreversible soil damage caused by glyphosate.

Web report: Online surveillance and censorship are getting worse

Mass online surveillance and censorship of what people see on the web appear to be getting worse, according to the latest Web Index report from Tim Berners-Lee’s World Wide Web Foundation. These trends, along with the paucity of net neutrality rules around the world, have led the web inventor to call for the internet to be made a basic human right.

“That means guaranteeing affordable access for all, ensuring internet packets are delivered without commercial or political discrimination, and protecting the privacy and freedom of web users regardless of where they live,” Berners-Lee said in a statement. “In an increasingly unequal world, the web can be a great leveller — but only if we hardwire the rights to privacy, freedom of expression, affordable access and net neutrality into the rules of the game.”

Not Just Oil: Guess What Happened The Last Time Commodity Prices Crashed Like This?…

Just like junk bonds, industrial commodities are a very reliable leading indicator. In other words, prices for industrial commodities usually start to move in a particular direction before the overall economy does. We witnessed this in the summer of 2008 when a crash in commodity prices preceded the financial crisis in the fall by a couple of months. And right now, we are witnessing what may be another major collapse in commodity prices. In recent weeks, the price of copper has declined substantially. So has the price of iron ore. So has the price of nickel. So has the price of aluminum. You get the idea. So this isn’t just about oil. This is a broad-based commodity decline, and if it continues it is really bad news for the U.S. economy.

Ferguson’s Mike Brown to Bagdad, Is democracy dying in America?

A Princeton study Sept. 2014, “Testing Theories on American Politics” assessed we the people of the United States are no longer a democracy. The U.S. is now an oligarchy where the minority wielding power disregards the wishes of the majority. Growing economic inequalities currently exposed by the Goldman Sachs complots delegitimizing the privately owned United States Federal Reserve Banking system who has been printing dollars based on a fraction of any real collateral. Despite public disapproval, American troops are pouring back into the Middle East with heroin production soaring in the region.

Facebook AI ‘mediator’ will analyze every upload

Facebook says it is developing artificial intelligence that will not just monitor – but will also understand – every single action you make on the social network, so that it can guide and control your online behaviour. As an example, LeCun described a Facebook that would prevent users from posting unflattering photos. More than just identifying your face, the social network would note the time you are posting, whether there are drinks or unusual people in the picture, and whether it is appropriate for your workplace, and from this context draw a conclusion.

Somebody Is Manipulating the Numbers: ‘In The Realm Of Economics A Change Of This Magnitude Is A Collapse’

According to the U.S. government the American economy grew at an astounding 3.8% last quarter, signaling to many that the recession responsible for wiping out trillions in wealth and millions of jobs over the last six years is finally over.

But is it? We’re not seeing many corporations hire here. They are laying off at this point. This is why we are seeing the retail sales completely falling. We have an unemployment rate of 5.8%, but prior years the unemployment rate was higher but we had better sales.

Somebody is manipulating the numbers… and we know who that ‘somebody’ is… it’s the U.S. government and central bankers.

In the real world, where people regularly eat food, we see inflation… and if we really calculate it out we see inflation is around 10%…when we subtract a realistic estimate of inflation, once we get even close to 10%, suddenly a negative 11% on Black Friday becomes negative 20%.

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