Jan 31

Related article:

FDA Scientists And Doctors Sue Agency Over Surveillance Of Personal E-mail, Were Fired After Warning Congress About Approval Of Medical Devices Posing Unacceptable Health Risks To Patients


- FDA hacked into private Gmail accounts of its own whistleblower scientist using covert spy technology (Natural News, Jan. 31, 2012):

The criminal tendencies of the U.S. Food and Drug Administration were on full display today when it was revealed the agency installed spy software and illegally hacked into the private Gmail accounts of at least half a dozen of its own top scientists. Those scientists, it turns out, were the very same whistleblowers who warned Congress about the FDA’s approval of dangerous medical devices that threatened the lives of patients. In response to them taking action to protect the lives of the innocent — something the FDA is supposed to do but has long since abandoned — they were instead subjected to illegal hacking and having their employment contracts with the FDA terminated.

Those six scientists and doctors have now filed a lawsuit in U.S. District Court which claims that they were subjected to FDA internal harassment and unjustified job termination. The lawsuit also describes how the FDA hacked into the private email accounts of these scientists, then intercepted their “whistleblower complaints” intended to be seen only by members of Congress.

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Jan 31

From the article:

“Here is the location of Dunedin. It is on the south island of New Zealand, what I considered to be one of the safest places on the planet, if a Nuclear disaster like Fukushima happened. So what is going on?”


- Radiation Cloud Detection Dunedin New Zealand 29th January 2012 (SCCC, Jan. 29, 2012):

I have been in contact with a person In New Zealand who just sent me information of a detection of a high level radiation cloud passing over Dunedin New Zealand. You will find a copy of his email correspondence below. This chart is the recorded background radiation level during this event.  Visual observation saw peaks reach an incredible 1.89 uS/Hr !

“Dear Peter,

Now that I have regained my composure, I thought I would write. It has been a wild afternoon! I shall write you a report upon what was observed later, if you wish to publish it, you can. Feel free to include those images on your website.


Gammascout detection of radiation cloud .81uS/Hr Dunedin New Zealand 29th January 2012

The steady-ish readings of 0.81 (photo) were taken when I came in off the street. It was briefly reading 1.89 on the street in the wind. I decided to come inside asap to the back yard, and then left the GS sitting outside for a while (0.25 photo) – checking on it. I’m in a relatively sheltered section. There was no way I was going to stand in ~2 microSieverts per hour in the wind!! No detectable radiation on me as such, it appears to be in the air. I can only speculate as to what it is. To be honest, it scared the cap out of me!

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Jan 31

The BDI is plummeting (and is going down faster than the Titanic) and will soon hit record lows.

Compare past market crashes and economic turmoil to the BDI and to no surprise you’ll find that there is more than just a ‘correlation’.

Shipping rates never recovered from the 2008 collapse and in just one month the BDI crashed from 1600 to 702, or more than 66%!

Soon everything will come to a standstill, AGAIN. But this time it will be worse, much worse than 2008.

One just has to look at the $1600 trillion (estimated notional value of the worldwide derivatives market) derivative tsunami versus  $60 trillion of  world GDP to get ‘a little concerned’.

Here is a ‘good’ example:

- Accordingly, it sure is a good thing that the world’s biggest derivatives player – J.P. Morgan – has ‘seemingly’ NEVER, EVER made a bet even ’1 % wrong’ with their 80 Trillion derivatives book. The Morgue has a Market Cap of roughly $180 billion. A wrong bet of a mere 1% on their ‘book’ would translate to a loss of $800 billion dollars eviscerating their entire capital base more than four times over. The knock on effect from such an event would trigger multiple tsunamis reverberating through the global financial system. Sounds absurd, but it’s pure math.

And knowing that this is just one piece of the puzzle, it’s safe to say that not one stone will be left upon another.

The greatest financial collapse in world history is coming! (Maybe not right now, but soon enough!)

Got gold, silver, food, water, full survival gear etc.?

Prepare for collapse!

Source: Bloomberg

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Jan 31

- FDA staffers sue agency over surveillance of personal e-mail (Washington Post, Jan. 30, 2012):

The Food and Drug Administration secretly monitored the personal e-mail of a group of its own scientists and doctors after they warned Congress that the agency was approving medical devices that they believed posed unacceptable risks to patients, government documents show.

The surveillance — detailed in e-mails and memos unearthed by six of the scientists and doctors, who filed a lawsuit against the FDA in U.S. District Court in Washington last week — took place over two years as the plaintiffs accessed their personal Gmail accounts from government computers.

Information garnered this way eventually contributed to the harassment or dismissal of all six of the FDA employees, the suit alleges. All had worked in an office responsible for reviewing devices for cancer screening and other purposes.

Copies of the e-mails show that, starting in January 2009, the FDA intercepted communications with congressional staffers and draft versions of whistleblower complaints complete with editing notes in the margins. The agency also took electronic snapshots of the computer desktops of the FDA employees and reviewed documents they saved on the hard drives of their government computers.

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Jan 31

- Freddie Mac Betting Against Struggling Homeowners (NPR, Jan. 30, 2012):

Freddie Mac, a taxpayer-owned mortgage company, is supposed to make homeownership easier. One thing that makes owning a home more affordable is getting a cheaper mortgage.

But Freddie Mac has invested billions of dollars betting that U.S. homeowners won’t be able to refinance their mortgages at today’s lower rates, according to an investigation by NPR and ProPublica, an independent, nonprofit newsroom.

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Jan 31

- Destination Persian Gulf? US nuclear sub and destroyer enter Red Sea (RT, JAn. 31, 2012):

Two ships of the US Navy, the nuclear submarine USS Annapolis and the destroyer USS Momsen have passed through the Suez Canal into the Red Sea. Although their destination is confidential, they are now getting dangerously close to the Persian Gulf.

­The ships’ passage was a major operation for the Suez administration as due to safety reasons they had to close off the canal to all other traffic and even shut down the bridge, disrupting the link between the banks for some four hours. The traffic on the roadways alongside the canal was also restricted, Interfax news agency reports.

There are no reports regarding the destination of the vessels, but the news come amid the ongoing crisis in the relationship between the US and Iran. There is mounting speculation that the Annapolis and the Momsen are heading to the Persian Gulf to reinforce the US naval forces already present in the region.

Currently the US has two aircraft carrier groups in the region headed by USS Abraham Lincoln and USS Carl Vinson. It is expected that another aircraft carrier, USS Enterprise, will join the strike force in March.

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Jan 31

- This is Europe’s Scariest Chart (ZeroHedge, Jan. 30, 2012):

Surging Greek and Portuguese bond yields? Plunging Italian bank stocks? The projected GDP of the Eurozone? In the grand scheme of things, while certainly disturbing, none of these data points actually tell us much about the secular shift within European society, and certainly are nothing that couldn’t be fixed if the ECB were to gamble with hyperinflation and print an inordinate amount of fiat units diluting the capital base even further. No: the one chart that truly captures the latent fear behind the scenes in Europe is that showing youth unemployment in the continent’s troubled countries (and frankly everywhere else). Because the last thing Europe needs is a discontented, disenfranchised, and devoid of hope youth roving the streets with nothing to do, easily susceptible to extremist and xenophobic tendencies: after all, it must be “someone’s” fault that there are no job opportunities for anyone. Below we present the youth (16-24) unemployment in three select European countries (and the general Eurozone as a reference point). Some may be surprised to learn that while Portugal, and Greece, are quite bad, at 30.7% and 46.6% respectively, it is Spain where the youth unemployment pain is most acute: at 51.4%, more than half of the youth eligible for work does not have a job! Because the real question is if there is no hope for tomorrow, what is the opportunity cost of doing something stupid and quite irrational today?

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Jan 31

Related info:

- George Soros Predicts Class War In US: ‘There Will Be Riots On Streets Of America’ – ‘The Worst-Case Scenario Is A Collapse Of The Financial System’



Members of the Oakland Police department form a line during a confrontation with Occupy Oakland demonstrators near the Oakland Museum of California Photograph: Stephen Lam/REUTERS

- Police use teargas on Occupy Oakland protesters (Guardian, Jan. 29, 2012):

Police have used teargas and “flash” grenades to break up hundreds of Occupy protesters after some demonstrators started throwing rocks and flares at officers and tearing down fencing.

About 300 people were arrested in the most turbulent day of protests in Oakland since November, when police forcefully dismantled an Occupy encampment.

Oakland Mayor Jean Quan, who faced heavy criticism for the police action last autumn, called on the Occupy movement to “stop using Oakland as its playground.”

Police said the group started assembling at a central plaza on Saturday morning, with demonstrators threatening to take over the vacant Henry Kaiser convention centre. The group then marched through the streets, disrupting traffic.

The crowd grew as the day wore on, with afternoon estimates ranging from about 1,000 to 2,000 people.

The protesters walked to the vacant convention centre, where some started tearing down perimeter fencing and “destroying construction equipment,” according to police.

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Jan 31

Message to the people of Greece:

Got physical gold and silver? Protect yourself from any devaluation threat NOW.

Flashback:

- Belarus Devalues Its Currency By 56% Overnight, Against Every Currency Out There:

Luckily for those who held their “money” in the form of gold and silver, they just got an instantaneous 56% value preservation and a relative boost in their purchasing power with just one central bank announcement.

- Belarus Hyperinflation Update: Food Runs Out As Friendly Foreigners Take Advantage Of The ‘Favorable’ Exchange Rate Arb


- Commerzbank’s Mueller Recommends Greece Exit Euro Zone – Report (FOX Business/Dow Jones Newswires, Jan. 31, 2012):

FRANKFURT – The Supervisory Board Chairman of Germany’s Commerzbank (CBK.XE) said he recommends that Greece leaves the euro zone, according to a pre-release of an interview by TV broadcaster Deutsches Anleger Fernsehen.

“I am strongly convinced that Greece needs a massive devaluation which it can’t carry out within the euro,” Mueller is quoted as saying, and “we can’t compensate for this with transfer payments.”

“Despite being a hurting process, I think Greece would be better advised to declare its exit,” as “Greece can’t be rescued within the euro,” Mueller said, according to the German broadcaster.

“Markets will understand, that, if Greece exits, this doesn’t mean who is next,” so he doesn’t expect contagion, Mueller is quoted as saying.

Banks could write down their entire exposure to Greece immediately, Mueller said, according to DAF.

“When you are at 70% or 80% and you’ll likely have to add to it, you can ask if you won’t stop it immediately, meaning write down entirely,” he is quoted as saying.

- Commerzbank CEO Says Greece Should Exit Eurozone (ZeroHedge, Jan. 30, 2012):

As if Merkel did not make it all too clear over the weekend that Germany no longer wishes Greece to be part of the Eurozone, and that the ball is now in Athens’ court to accept what is a glaringly unfeasible demand, i.e., to hand over fiscal sovereignty over to “Europe” with Merkel having the cover of saying it did everything in its power to keep Greece in the union, here comes Commerzbank’s CEO Mueller to pick up where Merkel left off:

  • COMMERZBANK’S MUELLER SAYS GREECE SHOULD EXIT EURO ZONE
  • COMMERZBANK’S MUELLER SPOKE TO DEUTSCHES ANLEGER FERNSEHEN

Presumably this means that German banks have sold off all their Greek bond exposure, and believe that the Eurozone would be better off without Greece in it. However, that Commerzbank, or one of the most insolvent banks in Europe, and only in line with Dexia, is confident that it can withstand the contagtion that would follow, only makes us even more skeptical that a Greek default and Eurozone departure will be contained, and in all likelihood will have scary implications for all European banks, not only German ones. Just ask DB’s Ackermann…

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Jan 31

This is the ‘Greatest Depression’!


- As Europe Goes (Deep In Recession), So Does Half The World’s Trade (ZeroHedge, Jan. 30, 2012):

Following the Fed’s somewhat downbeat perspective on growth, confidence in investors’ minds that the US can decouple has been temporarily jilted back to reality. It is of course no surprise and as the World Bank points out half of the world’s approximately $15 trillion trade in goods and services involves Europe. So the next time some talking head uses the word decoupling (ignoring 8.5 sigma Dallas Fed prints for the statistical folly that they are), perhaps pointing them to the facts of explicit (US-Europe) and implicit (Europe-Asia-US) trade flow impact of a deepening European recession/depression will reign in their exuberance.

From The World Bank: Golden Growth

An increasingly vigorous flow of goods, services, and finance over the last five decades has fueled European growth. Europe’s economies are the most open in the world. Before the global crisis of 2008–09, half of the world’s approximately $15 trillion trade in goods and services involved Europe (figure 2). Two-thirds of it was among the 45 countries discussed in this report. Financial flows have been equally vigorous. In 2007, for example, annual FDI in Europe exceeded $1 trillion. Big and growing trade and financial links facilitated by the single market form the core of the European convergence machine.

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Jan 31

But since Fukushima Japan is already history.


- Japanese Population To Shrink By One Third, Size Of Workforce To Plunge In Under 50 Years (ZeroHedge, Jan. 30, 2012):

Japan recently made waves with the news that its total debt would hit north of one quadrillion yen over the next several months: a number greater than the GDP of the entire Eurozone. Yet the one saving grace for Japan has long been the strawman that the bulk of its debt is locally held, and thus the risk of a sharp sell off is minimal as the capital has to be recycled within the borders of Japan, especially as the USA and soon the rest of the world will provide the same returns on debt as Japan, which has been locked in a 30 year deleveraging cycle, does. However, one thing that continues to be widely ignored is the demographic top that Japanese society is experiencing as ever more workers enter retirement, and there is no replenishment of young workers (perhaps Spain can export some of its youth to Tokyo?). This may change soon because as the AP reports, the Japanese population will be cut by 30% by 2060. Furthermore the country’s workforce of people aged 15 to 65 will shrink to half the population (a BLS wet dream as under those conditions the US unemployment rate would be very negative). Alas, the prospect of Japan’s population of 128 million dropping by 1 million every year over the coming decades, should be sufficiently sobering. This naturally means that any existing paper supply-demand equilibrium will soon have to start being reevaluated. But by 2060 we will likely have bigger problems than placing the 1 billion googol in JJBs that have to find a buyer to fund the country’s deficit. Lastly, we would love to see one of those charts showing how many working people will have to fund each and every retiree by the year 2060, first in Japan, and then in every other country.

From AP:

Japan’s population of 128 million will shrink by one-third and seniors will account for 40 percent of people by 2060, placing a greater burden on a smaller working-age population to support the social security and tax systems.

The grim estimate of how rapid aging will shrink Japan’s population was released Monday by the Health and Welfare Ministry.

In year 2060, Japan will have 87 million people. The number of people 65 or older will nearly double to 40 percent, while the national work force of people between ages 15 and 65 will shrink to about half of the total population, according to the estimate, made by the National Institute of Population and Social Security Research.

Nowhere will the demographic crunch courtesy of the welfare state hit the world faster than in Japan, where the natural growth rate has been negative for quite some time:

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Jan 31

DHS:

” … Mr BRYAN confirmed that he had posted on his Tweeter website account …”


- British tourists detained, barred from U.S. after tweet about “destroying America” (Social Beat, Jan. 30, 2012):

- US bars friends over Twitter joke (The Sun, Jan. 31, 2012):

TWO pals were barred from entering the US after innocent tweets joking about “destroying America” were picked up by the country’s anti-terror cops.

US special agents monitoring Twitter spotted Leigh Van Bryan’s messages weeks before he left for a holiday in Los Angeles with pal Emily Bunting.

Leigh, who also quipped about “digging up Marilyn Monroe” on Twitter, said they were treated like terrorists on arrival at a Los Angeles International Airport. The pair were held by armed guards and quizzed for five hours before being handcuffed, put in a van with illegal immigrants and locked up overnight.

Locked up

They spent 12 hours in separate holding cells and were then put on a flight home.

Leigh, 26, was kept under armed guard in a cell with Mexican drug dealers. The Department of Homeland Security flagged up Leigh as a potential threat when he posted a Twitter message to his pals ahead of his trip to Hollywood.

It read: “Free this week, for quick gossip/prep before I go and destroy America”.

Despite telling officials at LAX airport the term “destroy” was British slang for partying, the pair were held on suspicion of planning to “commit crimes”.

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Jan 30

- L.L. Bean heiress backs Paul (CNN, Jan. 28, 2012):

Freeport, Maine (CNN) – Linda Bean, an heiress to famed Maine outfitter L.L. Bean, came out in support of Ron Paul on Saturday as the candidate made a campaign swing through the state.

Bean, who is a part owner of her family’s company and sits on its board, said she is a longtime supporter of the Texas congressman. She backed his 2008 presidential bid, but hasn’t made a public endorsement in the current race until now.

“I’ve been for Ron Paul for years,” Bean said. “I watched his House races in Texas, and he’s just true blue. He doesn’t waver from the Constitution and I like that very much.”

Bean made her endorsement at the lobster restaurant she owns in Freeport, situated across the road from L.L. Bean’s large flagship store. She singled out Paul’s appeal across the political spectrum as a reason for her support.

“He’s very electable, he crosses all ideological lines because of his strong message,” Bean said. “He’s for the gold standard. I think people want stability in this country. He’s for helping America domestically, and staying out of aggressive wars. We’re just spending ourselves down the drain in these countries year after year with occupation.”

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Jan 30

- Hester’s £35.5m pay deal fuels renewed anger over excess (The Independent, Jan. 29, 2012):

Stephen Hester, the chief executive of Royal Bank of Scotland, is in line for an extra payout of £3.3m which would dwarf his controversial bonus of £963,000, it emerged last night.

Disclosure of the staggering figure amounts to political dynamite as the Prime Minister fought off suggestions that he should veto the near-£1m bonus, announced last week, for the boss of the taxpayer-owned RBS.

The extra bonus of £3.3m, revealed yesterday, would be on top of the £35.54m total remuneration package Mr Hester has received since joining RBS in 2008.

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Jan 30

- Earthquake Map of Japan in the 1st Month of 2012 (EX-SKF, Jan. 29, 2012):

(You can’t even see Japan in the first map.)

From the National Research Institute for Earth Science and Disaster Prevention website, “Hypocenter map“.

Last 30 days:

Last 7 days:

Last 24 hours:

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Jan 30

From the article:

“… China where buying gold as a hedge against inflation and as a store of wealth has now firmly entered the mainstream in a country of 1.3 billion people”


- Chinese ‘Gold Rush’ – Year of Dragon First Week Sees Record Sales – Up 49.7% (ZeroHedge, Jan. 30, 2012):

Xinhua, the official press agency of the government of the People’s Republic of China reports that a “gold rush” swept through China during the week-long Lunar New Year holiday this year, with demand for precious metals and jewelry surging since the Year of the Dragon began.

Data released by China’s Beijing Municipal Commission of Commerce shows a 49.7% increase in sales volume for precious metals jewelry and bullion during the week-long holiday (over last year), which lasted from January 22 to 28 over that of last year’s Spring Festival.

One of Beijing’s best-known gold retailers, Caibai, saw sales of gold and silver jewelry and bullion rose 57.6% during the week long New Years holiday according to data released by the Ministry of Commerce (MOC) on Saturday,

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Jan 30

I told you many times before that your money isn’t safe. And please don’t tell me that the FDIC insures your bankdeposits up to $250.000.

- Max Keiser And Gerald Celente On MF Global Bankruptcy Implications – The JP Morgan Connection – Goldman Sachs – CME (‘Chicago Mafia Exchange’) – Gold, Silver – Syria, Iran – Entire Financial System Collapsing, One Big Global Ponzi Scheme – False Flag, WW III – Bank Holiday, Economic Martial Law – ‘YOUR MONEY ISN’T SAFE’

For most Americans (and Europeans) the big ‘awakening’ will come.

Got gold and silver (food, water, etc.)?


- 3 Months After The MF Global Bankruptcy, We Find That $1.2 Billion (Or More) In Client Money Has “Vaporized” (ZeroHedge, Jan. 29, 2012):

On the three month bankruptcy anniversary of the company whose rehypothecation gimmicks will one day be seen as a harbinger of everything that is  broken with the multi-trillion ponzi system, but not just yet despite loud warnings otherwise, we are getting close to a final verdict of where the $1.2 billion (and possibly more as originally predicted by Zero Hedge – see below) in commingled client money may have gone. Note the use of the passive voice because using the active, as in money that MF Global executives stole from clients, is prohibited in a legal system in which nobody goes to jail for something as modest as $1.2 billion in theft. That verdict? “Vaporized.” No really (and yes, in the passive voice of course). From the WSJ: “As the sprawling probe that includes regulators, criminal and congressional investigators, and court-appointed trustees grinds on, the findings so far suggest that a “significant amount” of the money could have “vaporized” as a result of chaotic trading at MF Global during the week before the company’s Oct. 31 bankruptcy filing, said a person close to the investigation.Uh huh… Because money simply vaporizes. Which means one of two things: i) the “vaporization” is merely the phrase that so called investigators use to avoid the far more troubling sounding “stolen” as it would imply guilt, something which the former NJ governor and Goldman CEO (and not to mention JP Morgan which most likely was on the receiving end of the $1.2 billion + transaction) will, under guidance from counsel, sternly disagree with, or ii) the capital markets are such an unprecedented and manipulated fraud, that nobody has any clue at any moment, where any client money is, and that any residual capital still “invested” in mythical representations of “assets”, which are likely rehypothecated so many times, that not even Bank of America’s robosigning division would have a clue where to start unraveling, will promptly be converted into tangible manifestations of capital. So when someone asks what happened to stock market volume, and to investor confidence in the “stock market” feel free to use just that phrase: “it vaporized.”

WSJ “explains” how $1.2 billion “vaporized”

Many officials now believe certain employees at MF Global dipped into the “customer segregated account” that the New York company was supposed to keep separate from its own assets—and then used the money to meet demands for more collateral or to unfreeze assets at banks and other counterparties as they grew more concerned about their financial exposure to MF Global.

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Jan 30


YouTube Added: 09.12.2011

Description:

Body parts belonging to U.S. soldiers killed in Iraq and Afghanistan were routinely cremated and then dumped in a landfill site. For five years, between 2003 and 2008, staff at the Dover Air Force base mortuary, Delaware, disposed of parts that could not be identified or were later recovered from the battlefield. Family members were not told what happened to their relatives – and the company running the landfill site was not even informed what was being thrown away.

A damning report found that an arm bone belonging to a dead marine was hacked off without asking his parents by staff at Dover Air Force Base in Delaware.

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Jan 30

- Britain Shivers In Blast Of Cold Weather (Sky News, Jan. 28, 2012):

Bitterly cold Arctic air sweeping across Britain is expected to force temperatures down to lows of -5C this weekend, as forecasters warn the chill is set to last until next week.

The warnings of freezing conditions come after weeks of unseasonably mild weather.

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Jan 30

- ACTA is worse than SOPA, here’s what you need to know (Natural News, Jan. 29, 2012):

As a warrior for Internet freedom, you helped defeat the Stop Online Piracy Act, or SOPA by supporting Web black outs by sites like Wikipedia and by contacting your lawmaker to voice your displeasure. So loud was your voice that even the president of the United States sided with you in opposing it.

But don’t take a deep sigh of relief because, after all, we’re talking about a merger of Washington, D.C., and Hollywood here, as well as global interests. After the motion picture industry, its subsidiaries and all “interested parties” have spent nearly $150 million lobbying for some sort of Internet-centric “anti-piracy” bill, you should have known the powers that be would return.

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