The Congressional probe into determining who was responsible for the Internal Revenue Service’s multi-year policy of discriminatory audits and examinations of conservative organizations applying for tax-exempt status moved up into the United States Treasury Department today when J. Russell George, the Treasury Inspector General for Tax Administration, disclosed that that he informed the Treasury General [...]
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The Internal Revenue Service blamed “low-level” Cincinnati staff for “inappropriate” targeting of conservative political groups for audits and examinations. I have established that the Cincinnati office is the largest of the five IRS Regional Processing Centers across the United States. Cincinnati has IRS authority over Delaware, where over one-million for-profit and not-for-profit entities are incorporated, [...]
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The proliferation of Internet connections over the last twenty years caused massive societal changes. Developing slowly from the 1950s as closed networks of military and academic computers were electronically wired to transfer data, free tools for accessing the Internet became publicly available in 1993. This disruptive technology had profound effects on globalized commerce, signaling a [...]
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Despite the hammering from a late spring storm that blanketed much of the Mid-West and East Coast with 4 to 8 inches of snow, the National Oceanic and Atmospheric Administration [official name of the weatherman] just predicted that the 2nd worst drought since the Great Depression will continue to lay waste to wheat and corn [...]
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Following the overwhelming response to my report “Outed By Facebook For Profit”, which detailed Facebook’s selling its users’ deepest secrets for huge profits, I am cross-posting a follow on report from the Testosterone Pit Blog written by Wolf Richter follow on report called: Confident In The Security Of Skype And Other Encrypted Services?, describing the blatant privacy [...]
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Cambridge University just published a study of how sophisticated computer programs tracking the use of Facebook can discern undisclosed private information such as the users’ sexual orientation, religion, drug-use, health and emotional stability. Desperate to halt its stock’s dismal slide since going public, Facebook has increasingly sought new ways to make more money and prove [...]
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On Friday, March 1st, Congress allowed the much-hyped and much-dreaded $1.2 trillion of ten year spending cuts from the budget “sequester” to take effect instead of raising taxes, except it didn’t happen! It took President Obama and his staff another day of searching through the White House pen collection before they could find President Harry [...]
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The United States Securities & Exchange Commission determined that the State of Illinois violated Federal Securities Laws by misstating the true financial health of the State’s depleted pension funds when it raised over $2.2 billion with multiple bond offerings from 2005 through early 2009. The SEC blamed the State’s historical failure to fund its pension [...]
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