No One Wants the Internet of Things … Other than Big Brother

We’ve previously noted that no one wants the Internet of Things aka IoT (other than Big Brother and a handful of companies which are trying to make a quick buck off of us).

For months, I’ve been taking screenshots of IoT stories run by the very mainstream Business Insider.

What they show is that Business Insider readers ignore every single IoT story. Specifically, there is no interest in any IoT story … and even stories posted at the exact same time or after IoT stories get more interest (compare the following images to these hot stories):

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Western Refugee Policies Are One Endless Evian Conference

Evian is not just a bottled water company. And the town of Évian-les-Baines in France on the south shore of Lake Geneva is not just a location for luxury hotels. It’s also the location where, in July 1938, the first international effort was ever made (or feigned) to alleviate a refugee crisis.

The crisis was the Nazi treatment of Jews. The representatives of 32 nations and 63 organizations (plus some 200 journalists covering the event) were well aware of the Nazis’ desire to expel all Jews from Germany and Austria, and somewhat aware that the fate that awaited them if not expelled was death. The decision of the conference was essentially to leave the Jews to their fate. (Only Costa Rica and the Dominican Republic increased their immigration quotas.) The decision to abandon the Jews was driven primarily by anti-Semitism, which was widespread among the diplomats in attendance and among the publics they represented.

These nations were represented at the Évian Conference: Australia, the Argentine Republic, Belgium, Bolivia, Brazil, United Kingdom, Canada, Chile, Colombia, Costa Rica, Cuba, Denmark, Dominican Republic, Ecuador, France, Guatemala, Haiti, Honduras, Ireland, Mexico, the Netherlands, New Zealand, Nicaragua, Norway, Panama, Paraguay, Peru, Sweden, Switzerland, the United States, Uruguay, and Venezuela. Italy refused to attend.
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Could Central Banks Dump Gold in Favor of Bitcoin?

Exhibit One: here’s your typical central bank, creating trillions of units of currency every year, backed by nothing but trust in the authority of the government, created at the whim of a handful of people in a room and distributed to their cronies, or at the behest of their cronies.

And this is a “trustworthy” currency?

Exhibit Two: central banks can’t become insolvent, we’re told, because they can create as much currency as they want, whenever they want. And this is a “trustworthy” currency?

Exhibit three: and here’s what happens when trust in the currency is lost due to excessive currency issuance: the currency goes from 10 to the US dollar to 5,000 to $1 and then to 95,000 to $1, on its way to 2,000,000 to $1:

Yes, this was once a “trustworthy” currency.

While many people expect China to issue a gold-backed currency some day, they overlook the inconvenient reality that China is creating far more fiat currency than it is adding in gold reserves. They also overlook that gold-backed means nothing if the currency isn’t convertible into gold.

If it isn’t convertible, it isn’t gold-backed. Claiming there’s gold somewhere in a vault doesn’t make a currency gold-backed, as the central bank can devalue the currency it issues at will. Gold-backed means the currency is pegged at X units of currency to 1 unit of gold, and X units of currency can be exchanged for 1 unit of gold.
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POLL: By 2-to-1, Americans Oppose Moving U.S. Embassy to Jerusalem

Eric Zuesse, originally posted at strategic-culture.org

A reliable scientific poll of 2,000 Americans, taken during 1-6 November 2017 — just a month before U.S. President Donald Trump announced that America’s Embassy will move to Jerusalem from Tel Aviv — showed that 63% of Americans were opposed to the move, and 31% supported it. Here was the question, as asked:

Q61. Having thought about it, do you support or oppose the United States immediately moving its embassy from Tel Aviv to Jerusalem?

Total  Rep Dem Ind

1. Support 31% 49% 15% 28% 

2. Oppose  63% 44% 81% 60%

This was the latest “Critical Issues Poll” by the University of Maryland and the Nielsen Scarborough polling organization, and it showed that U.S. President Trump didn’t actually represent the American people when he issued this historic order. He may have represented Israelis, and he may have represented American billionaires, but he represented less than a third of Americans who expressed an opinion about the matter.

As of the morning of December 11th (when this is being written), no poll yet has been published about this question subsequent to Trump’s dictat concerning it. After such polls are published, one can identify to what extent (if any), Trump’s decision has affected American public opinion on the issue. But, as noted, American public opinion wasn’t reflected in it at the time he made this decision. Only the collective opinion of America’s 569 billionaires shaped it (as the evidence to be shown here will indicate); the collective opinion of the American public didn’t matter, and this is normal for decisions and legislation by the U.S. federal Government. This decision by Trump is just another example of that broader phenomenon: only the very richest are actually represented by America’s federal Government; the desires (or even needs) of America’s public are ignored, unless the billionaires happen to want the same governmental policy that the public do. But, regarding the move of America’s embassy to Jerusalem, they didn’t.

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Talk Nation Radio: U.S. Military Promotes New Genetic Extinction Technology

Jonathan R. Latham, PhD is co-founder and Executive Director of the Bioscience Resource Project and the Editor of Independent Science News. Dr. Latham holds a Masters degree in Crop Genetics and a PhD in Virology. He was subsequently a postdoctoral research associate in the Department of Genetics, University of Wisconsin, Madison. He has published scientific papers in disciplines as diverse as plant ecology, plant virology, genetics and genetic engineering. Dr. Latham is also the Director of the Poison Papers project which publicizes documents of the chemical industry and its regulators.

His latest article is “Gates Foundation Hired PR Firm to Manipulate UN Over Gene Drives.”

See also:
https://bioscienceresource.org
http://poisonpapers.org
http://independentsciencenews.org
http://www.etcgroup.org
http://www.etcgroup.org/content/gene-drive-files
http://www.gmwatch.org/en/

Total run time: 29:00
Host: David Swanson.
Producer: David Swanson.
Music by Duke Ellington.

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Past Talk Nation Radio shows are all available free and complete at
http://TalkNationRadio.org

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https://soundcloud.com/davidcnswanson/tracks

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Three Bubbles/Strikes and You’re Out

The conventional investment wisdom holds that central banks will never let markets decline. This is an interesting belief, given that two previous asset bubbles based on central bank “easy money” both imploded, impoverishing believers in central bank omnipotence.

So perhaps we can say that the conventional investment wisdom holds that any asset bubble that bursts will quickly be reflated into an even more extreme asset bubble. That’s certainly been the history of the past 17 years.

But there’s a case to be made that bubbles are like strikes, and you only get three. A recent article, Deutsche: “We Are Almost At The Point Beyond Which There Will Be No More Bubbles”, made a nuanced case for “3 bubbles and you’re out” based on volatility and other inputs.

I propose a much simpler case for “3 bubbles and you’re out”:

1. Every policy yields diminishing returns as the positive results follow an S-curve.

2. What every trader knows no longer has any predictive power.

3. Policy extremes have become normalized, leaving central banks with unintended and unpredictable consequences should they push even more extreme policies in the next bubble burst.

Radical new central bank policies work wonders in the initial boost phase (see diagram below) because the sums being deployed are so large and the policy is so extreme: quantitative easing / purchase of assets by central banks, for example: never before have central banks conjured trillions of dollars, yuan, yen and euros out of thin air and used this new currency to buy bonds, stocks and debt instruments in vast quantities for eight years running.
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Charlottesville Finally Gets A Peace Monument

Well, we tried a petition, and I tried a TED talk (in fact two of em), and the Daily Progress daily newspaper, and Channel 19 four times: one, two, three, four, and Channel 29 too. No opposition whatsoever has been voiced to the idea of putting up a peace monument in Charlottesville, a town famously full of war monuments, including several for a war that has fallen out of favor.

Finally, the Charlottesville City Council has listened. A peace monument is not only in the works but is already visible right on the Downtown Mall pedestrian street in good ol’ Cville.

Ha! Just kidding!

Thus far we do still lack any public governmental body that has indicated any inclination whatsoever to give a flying fig.

But the popularity of peace *is* being used temporarily to sell stuff at this store. If you have to buy stuff, I encourage you to buy it there.

Sadly, “Peace on Earth” in December is camouflaged language, invisible to the human brain, like people singing “Imagine” by John Lennon in church. If “Peace on Earth” stays up in January, and people start to read it as a collection of three words with meaning to them, that will be more significant. I’m still willing to bet that it could stay up all year round and never be protested. Yet I’m sure it won’t last. We didn’t vote for this marketing gimick or elect anyone who did. We have no ability to keep it there.
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