Anarchy update: The black marketeers at Silk Road 2 got robbed for a Bitcoin amount worth over $2 million at current exchange rates. Iran shut down another black market ring, Germany and the Netherlands have joined the global hunt to shut down Silk Road and spinoffs. Keep in mind these online black markets are used for drugs, hired killings, child pornography, human sex trafficking, and anything else you can think of that’s a problem in society. They try to say “Oh it’s just pot,” but it’s not. It never is.
In another bad sign for digital currencies. another prominent digital currency, Dogecoin, is experiencing a major glitch that threatens to disrupt commerce or even take people’s money away from them. Why do people tolerate all the volatility and instability of digital currencies? Easy: it lets them evade the law. That’s it. That’s why these things are going anywhere at all, because they’re a magnet for the scum of the earth.
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In case you missed it, Friday’s Tech at night featured Q&A with Rep. Steve Scalise. Don’t miss is now.
Team Soros, assemble! Remember when it was “wrong” for AT&T to get spectrum by buying T-Mobile? Remember when I said it should be allowed because the Obama administration and the radicals were making it too hard to get spectrum any other way? Vindication, baby: The left unites to fight Verizon buying spectrum another way. Before the excuse was to prevent industry consolidation. Well, Verizon is buying from cable companies, not wireless phone providers.
Note that Verizon has strongly refuted their claims, including the dangerous, crypto-socialist idea that the FCC should be allowed to dictate to Verizon and Comcast an alternate transaction. Such as one to benefit T-Mobile.
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November 20. That’s the day the Obama administration has chosen to regulate the Internet after what even The Hill calls “a partisan vote” at the FCC to pass the Net Neutrality regulations. I’m hoping Verizon and/or MetroPCS will sue and win a stay before that date, though I don’t know how likely that is for a court to act that strongly.
I’ve said much about the House and its strong opposition to Barack Obama’s regulatory overreach, but Senators are unhappy as well. Kay Bailey Hutchison is ready to fight. It looks like she will push to get the Senate to go forward with using the Congressional Review Act, as the House already did, to repeal Net Neutrality.
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As Labor Day winds up out here, we have a brief Tech at Night tonight. Something to watch: Eric Schmidt is downplaying talk of Google wanting Motorola’s phone patents after Larry Page pretty much said the opposite. Who’s in charge here?
HP sues its own partner over its own idea. Who’s in charge there?
A Dutch court only found Samsung phones, not tablets, to infringe on Apple’s IP. A German court still disagrees, and is blocking two Galaxy Tab models. Who’s in charge of the EU?
New speculation is out that Barack Obama and Eric Holder are suing AT&T as an attempt to strongarm the company into a weaker negotiating position with the government. We need to show this administration the people are in charge, not the state.
Even as the FCC hems and haws about AT&T’s quest for spectrum via T-Mobile, new evidence has come out that we simply need more spectrum for wireless Internet. The overload of the wireless networks in the parts of the east coast the felt the Virginia earthquake says it all.
And remember: new spectrum means new investment to use that spectrum, which means jobs and economic growth.
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Foreign politics are a tricky subject. While the broad strokes of politics can generally be understood the world over, when traditionalists battle leftists, and small government folk take on both, every country has its own exceptions, its own cultural taboos, and other factors that make it unique.
Our politics for example completely baffle your typical European. Our conservative movement has few like it in the world, because the colonies had as a practical matter limited government and federal autonomy from day one. Then we had a revolution which, unlike any other, didn’t actually throw off our elites, but rather secured their previous autonomy. As a result our right is different, and the way our Republican party operates just confuses and frustrates them. Likewise, when we try to decipher the right in Europe, we run the risk of drawing the wrong conclusions and getting disappointed.
That said, I think we’re beginning to see a real change in the politics of western Europe, and in the coming years we will see the rise of a right which we will recognize better, and be able to engage with on the pressing global issues of the day. It won’t be a TEA party as we know it, but it’ll be the best we can hope to see from Europe.
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