Month: December 2016

Donald Trump Unveils New US Business Policy in SHOCKING Tweetstorm



President elect Donald J Trump took to Twitter last week to promise punitive actions for those companies who left the US. It’s hardly the sort of free trade beliefs he pushed during the election, and a nightmare scenario for US business.

Mr. Trump outlined what could become one of his legacy policies as President of the United States in a tweetstorm.

Mr. Trump first tweeted,“Just tried watching Saturday Night Live – unwatchable! Totally biased, not funny and the Baldwin impersonation just can’t get any worse. Sad”

He then launched the bombshell US business policy on which there will be a tax for US companies, who re-incorporated abroad, to sell their products back to US businesses and consumers.

That Mr. Trump fails to distinguish between small and big companies – “any business” he tweets – could have implications for thousands of small and family businesses.

“The U.S. is going to substantially reduce taxes and regulations on businesses, but any business that leaves our country for another country,” Trump’s first tweet of on the subject begins, “fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S.  ……

without retribution or consequence, is WRONG! There will be a tax on our soon to be strong border of 35% for these companies …..”

Trump spells out why: this will make it harder for US companies to escape.

Across the tweets, the President essentially threatens US companies, offering back nothing more than a promise of future low taxes for those who obey.

“these companies are able to move between all 50 states, with no tax or tariff being charged,” he tweets. “Please be forewarned prior to making a very …expensive mistake!

In a truly Orwellian ending, Mr. Trump tweets: “THE UNITED STATES IS OPEN FOR BUSINESS”

We were watching when last week Mr. Trump declared at a rally in Indiana, “companies are not going to leave the US anymore without consequences.” We waited for him to elaborate. He has.

CEO’s are asking, ‘Who’s next?’ in context of last week’s Carrier deal.

Sarah Palin called that deal “crony capitalism.” Mike Pence denied it. Mr Trump, meanwhile, uses the Carrier deal as an example of a business first approach.

Mr. Trump’s actions could disrupt balances in the ‘Chimerica’ arrangement with China, prompting a trade war so soon as his first 100 days in office.

Bitcoin Investor Peter Thiel Dresses as Hulk Hogan for Trump Donor’s Costume Party



Bitcoin investor Peter Thiel attended the same costume event last week where Donald Trump made headlines. The theme of the event – heroes and villains – prompted Mr. Trump to fittingly dress as himself. Read More

Donald Trump & Japanese Blockchain Researcher SoftBank Reach Deal on $50 Billion US Investment & 50,000 Jobs




Donald J Trump tweeted Tuesday that SoftBank of Japan agreed to invest $50 billion in the US towards businesses and 50,000 new jobs. The tweet comes on the even of Pearl Harbor, a scar on the memory of both nations. In announcing the deal, Mr. Trump makes good on a campaign promise to improve international relations. 

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Dark Web Gun Runner Overdoses in front of Court to Try and Avoid Sentencing



A man who went by the darknet alias of Walter Mitty tried to overdose and take his own life outside of a court, before a judge was set to sentence the UK man, for a second time. His ploy failed, and the judge sentenced him to jail anyway.

Justin Young, 45, was taken to the hospital after drinking an entire bottle of whisky and swallowing a huge dose of prescription medicine, according to The Sun out of the United Kingdom. 

He was about to face the music for the illegal importation of assault rifle parts via the dark web. The judge jailed him for eight years while Mr. Young was being treated in the Royal Cornwall hospital for his self-inflicted wounds.

Walt-sunuk

The court learned how Mr. Young was a “normal” man who eventually “went off the rails.” In his ‘Walter Mitty’ delusion he crafted, he seemingly led the life of the protagonist of the hit show Breaking Bad, Walter White.

Having pleaded guilty to three counts of “conspiring to fraudulently avoid prohibition on the importation of illegal firearm parts,” Mr. Young was caught red-handed for importing rifles, including AR-15s.

This was not the first, but indeed the second time Mr. Young tried to overdose before being sentenced OUTSIDE of court. The first time he was simply arrested for being drunk and disorderly.

As he tried to die this most recent time, he handed police a note to his wife and children in which he explained his intention to commit suicide.

The darknet has been subject of much controversy since the Silk Road, the first underground marketplace where users could trade bitcoins for assorted illicit goods, was taken down by the FBI.

Subsequent darknet marketplaces were launched and global law enforcement agencies have banded together to track commerce originated from such darknet marketplaces.

Such a marketplace was made possibly by the advent of Bitcoin technology. A decentralized digital currency in which users can transact pseudonymously.

Rap Legend, Coinbase Investor Nas’ Favorite Bitcoin Charity is Watsi.org



Did you know that rapper Nas has his own domain on Coinbase.com? Well, he does (coinbase.com/Nas), and the rapper, who has invested in the San Francisco-based Bitcoin exchange, features on this digital property the non-profit Watsi.org. Read More

2017 Might be Your First Chance to Tip the Moon thanks to Dogecoin



“To the moon!” That’s the cliche slogan for so many digital currencies, perhaps made most famous not by Bitcoin, but by , whose users since the beginning have proudly proclaimed the slogan. Read More

Trump: “Companies are not going to leave the United States anymore without consequences”



“Companies are not going to leave the United States anymore without consequences. Not going to happen. It’s not going to happen, I’ll tell you right now,” Trump said on Thursday at a rally in Indiana as he boasted about the job’s he’d saved at Carrier, a company that purportedly planned to go to move 2,100 jobs to Mexico.

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Australian Man Withdrew $2.1 Million thanks to Bank Error and Wins Fraud Appeal

Luke Brett Moore withdrew $2.1 million over 50 transactions thanks to a system error. He spent the free money on exotic cars, a power boat, paintings, jewelry and a framed Michael Jordan jersey.

Last year, Mr. Moore was jailed, and convicted of fraud for deceiving his bank, according to the Sydney Morning Herald. Read More

Spanish Government Limits Cash Withdrawals to €1,000



The Spanish Government acted today to cap cash payments at €1,000, down from the current cap of  €2,500. Anti-fraud measures enacted today include a VAT information and increased regulation of deferred payments.

The government is working on measures against fraud, including limiting the payment in cash to 1,000 euros instead of the current 2,500. The decree is set to be approved by the Council of Ministers next Friday. The Ministry of Finance admits  it could be delayed. Read More