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U.S. President Barack Obama   (Source: Reuters)
The order targets nations that use certain technologies like cell phone tracking and Internet monitoring/bans to impose an unnecessary level of authority on its citzens

U.S. President Barack Obama will allow sanctions to be imposed on foreign companies and individuals that use technology to aid autocratic nations in oppressing their citizens.

Obama will issue this executive order today at the U.S. Holocaust Memorial Museum in Washington. The order targets nations that use certain technologies like cell phone tracking and internet monitoring/bans to impose an unnecessary level of authority on its citizens.

The executive order is specifically meant for Syria and Iran, where cells phones and the internet had been used by democracy advocates to organize the Middle East. However, security services in Syria and Iran have started to use such technology to track citizens and block access to the Internet.

The sanctions imposed on Syria and Iran will include financial restrictions and a visa ban on one Syrian individual, two Syrian "entities," and four Iranian entities. The word "entities" refers to either government agencies or private companies in Syria and Iran.

The Middle East isn't the only area where cell phone/internet tracking and bans are a problem. Earlier this month, the Chinese sector of hacker group Anonymous defaced and stole information from nearly 500 government and corporate websites in China. Anonymous China did this to rebel against its government for the amount of censorship it imposes on its citizens when it comes to social networking sites, news sites and file-sharing sites.

In the U.S., there are issues with law enforcement using cell phone tracking regularly on citizens, which is sometimes warrantless, according to the American Civil Liberties Union (ACLU). In addition, employers and educational institutions are closely monitoring social networks of employees and students in order to learn more about applicants and current workers/students.
 
For instance, the Maryland Department of Corrections had asked applicants and current employees to provide their Facebook email and passwords for complete access. Corrections officer Robert Collins complained to the ACLU, who stopped the practice. However, the Maryland Department of Corrections simply started asking applicants and employees to log onto their Facebook accounts themselves right in front of the employer for access.

A proposed bill back in March aimed to stop employees from asking for such information and access, but it was rejected in the U.S. House of Representatives. Another bill, which applies to Maryland only and aims to stop employers from asking for social media passwords, passed unanimously in the Senate and by a large number in the House of Delegates earlier this month.

Source: Reuters



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RE: Solution
By TSS on 4/23/2012 3:17:48 PM , Rating: 2
Right, vote for the guy that advocates returning to the gold standard while at the same time, advocating a audit of fort knox because he doesn't belive the gold is all still there, or atleast something's up.

Not to mention the insane deflation of turning a ~9 trillion dollars supply back into a 500 billion dollar supply, or the amount of gold the treasury says it still has in todays dollars. Or the fact that your GDP will by divided by 18 as well, or drop from ~$15.5 trillion to $861 billion, but your debt will still be $15.7 trillion, as debt is not affected by inflation or deflation (which is why hyperinflation is one of the ways to get out of debt). And even hyperinflating your way to a gold standard will be economical hell. After that you're left with an incredible shortage of credit as that's now based on the supply of gold rather then fiat currency, which means no economical growth what so ever.

Of course somebody like ron paul who's invested heavily in precious metals (not just owning gold, owning gold mine stocks) would get immensely richer, as the gold price would spike while the dollar regained it's purchasing power, causing a double win (gold being worth more in dollars and dollars being worth more vs other currencies).

I'd wish there was a sensible economical candidate for you guys to chose from, but there isn't. Obama's the least harmfull with his $1 trillion dollar deficits, the rest will be worse (which is insane, i know, but there ya go). But you've got to remember, every president after this will just run higher budgets, or lay the hurt on the people even more. It's what happens when the gravy train finally runs out of tracks.


RE: Solution
By Reclaimer77 on 4/23/12, Rating: -1
RE: Solution
By Ringold on 4/23/2012 10:17:22 PM , Rating: 5
Thats a mischaracterization of how a transition to a gold standard would take place. Greenspan, actually, wrote several papers worth reading that cover various options to make a smooth transition. One option would be a slow conversion by slowly replacing traditional treasury bonds with gold-backed ones.

quote:
now based on the supply of gold rather then fiat currency, which means no economical growth what so ever.


The US economy went from being primarily poor farmers to an industrialized global power under bimetallic and gold-based currency systems, so that's also not entirely correct.. Which is a nice way to say, that's absolutely false that economic growth couldn't take place. History proves otherwise.

quote:
Obama's the least harmfull with his $1 trillion dollar deficits


His denial ends in a Greek-style debt implosion, as has happened to many other countries in history, both modern and ancient. At least people on the other side of the isle recognize the problem and float ideas about entitlement reform instead of proposing red herrings like the Buffet Rule that Obama admits will barely put a drop in the bucket.

Anyway, the real problem statists have with hard currency is twofold. One, they can't print money and hyperinflate away debts that they were morally obligated to pay, and second, instead of being truly competitive and working hard to ensure economic vitality a central government in control of its own currency can, again, print money to tank the currency, aiding export industries and domestic competitors to foreign importers as importers become dearer.

If Ron Paul is heavily invested in precious metals, that just means he's got a few brain cells to rub together.


RE: Solution
By The Raven on 4/24/2012 4:31:50 PM , Rating: 1
quote:
Of course somebody like ron paul who's invested heavily in precious metals (not just owning gold, owning gold mine stocks) would get immensely richer...
Yeah so please explain how Obama is conversly a saint by taking other people's money and giving it to people who just indirectly throw more money at him? (When I say it that way it makes him sound like Bernie Madoff.)


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