In The News Today

Posted at 10:46 AM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

Look at the security of Security. Progress will to kill us all eventually. one way or another. Cyber can lovers are nuts. If you cam have one computer you can hack 1000. then you get kick on your door. It is the IRS come to help you.

Bill Holter’s Commentary

…when even the hackers get hacked you must wonder about the “unhackable”?

Security Breach and Spilled Secrets Have Shaken the N.S.A. to Its Core
November 12, 2017

WASHINGTON — Jake Williams awoke last April in an Orlando, Fla., hotel where he was leading a training session. Checking Twitter, Mr. Williams, a cybersecurity expert, was dismayed to discover that he had been thrust into the middle of one of the worst security debacles ever to befall American intelligence.

Mr. Williams had written on his company blog about the Shadow Brokers, a mysterious group that had somehow obtained many of the hacking tools the United States used to spy on other countries. Now the group had replied in an angry screed on Twitter. It identified him — correctly — as a former member of the National Security Agency’s hacking group, Tailored Access Operations, or T.A.O., a job he had not publicly disclosed. Then the Shadow Brokers astonished him by dropping technical details that made clear they knew about highly classified hacking operations that he had conducted.

America’s largest and most secretive intelligence agency had been deeply infiltrated.

“They had operational insight that even most of my fellow operators at T.A.O. did not have,” said Mr. Williams, now with Rendition Infosec, a cybersecurity firm he founded. “I felt like I’d been kicked in the gut. Whoever wrote this either was a well-placed insider or had stolen a lot of operational data.”

The jolt to Mr. Williams from the Shadow Brokers’ riposte was part of a much broader earthquake that has shaken the N.S.A. to its core. Current and former agency officials say the Shadow Brokers disclosures, which began in August 2016, have been catastrophic for the N.S.A., calling into question its ability to protect potent cyberweapons and its very value to national security. The agency regarded as the world’s leader in breaking into adversaries’ computer networks failed to protect its own.

More…

Bill Holter’s Commentary

Time to buy more pharmaceutical stocks? Seriously, talk about a load of government BS, “people need to make lifestyle changes or start taking medication”…really? Sorry but this one really pisses me off!

New Blood Pressure Range Means Half Of Americans Have Hypertension
November 13, 2017

(Reuters) – Tighter blood pressure guidelines from U.S. heart organizations mean millions more people need to make lifestyle changes, or start taking medication, in order to avoid cardiovascular problems.

Americans with blood pressure of 130/80 or higher should be treated, down from the previous trigger of 140/90, according to new guidelines announced on Monday by the American Heart Association and the American College of Cardiology.

At the new cutoff, around 46 percent, or more than 103 million, of American adults are considered to have high blood pressure, compared with an estimated 72 million under the previous guidelines in place since 2003.

High blood pressure accounts for the second-largest number of preventable heart disease and stroke deaths in the United States, second only to smoking.

The guidelines do not change the definition of normal blood pressure as 120/80 or lower.

Potentially deadly high blood pressure can be brought under control with a wide array of medications, many sold as relatively inexpensive generics. The drug classes include angiotensin receptor blockers, such as Novartis AG’s Diovan, calcium channel blockers, like Pfizer Incs’s Norvasc, ACE inhibitors, including Pfizer’s Altace, and diuretics, such as Merck & Co Inc’s Hyzaar.

More…

Bill Holter’s Commentary

From my mentor “Yoda”, we have been warned of “equal wealth distribution” for several years now.

For The First Time Ever, The “1%” Own More Than Half The World’s Wealth: The Stunning Chart
November 14, 2017

Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what has become the single biggest reason for the recent “anti-establishment” revulsion: an unprecedented concentration of wealth among a handful of people, as shown in Swiss bank’s infamous global wealth pyramid, an arrangement which as observed by the “shocking” political backlash of the past year, suggests that the lower ‘levels’ of the pyramid are increasingly unhappy about.

As Credit Suisse tantalizingly shows year after year (most recently one year ago), the number of people who control roughly half of the global net worth, or 45.9% of the roughly $280 trillion in household wealth, is declining progressively relative to the total population of the world, and in 2017 the number of people who were worth more than $1 million was just 36 million, roughly 0.7% of the world’s population of adults. On the other end of the pyramid, some 3.5 billion adults had a net worth of less than $10,000, accounting for just about $7.6 trillion in household wealth. And inbetween is the so-called global middle class – those 1.4 billion people whose rising anger at the status quo made Brexit and Trump possible.

clip_image001

As the report authors write, there is just one group to have benefited from the Fed’s post-crisis monetary policies: ” Our calculations show that the top 1% of global wealth holders started the millennium with 45.5% of all household wealth. This share was about the same until 2006, then fell to 42.5% two years later. The downward trend reversed after 2008 and the share of the top one percent has been on an upward path ever since, passing the 2000 level in 2013 and achieving new peaks every year thereafter. According to our latest estimates, the top one percent own 50.1 percent of all household wealth in the world.”

As the bank then laconically adds, “Global wealth inequality has certainly been high and rising in the post-crisis period.” And as the chart below shows, in 2017, for the first time ever, the richest 1% now controls just over half, or 50.1%, of global wealth.

clip_image002

More…

Bill Holter’s Commentary

Say it isn’t so…even in the hallowed halls of Congress?

Lawmakers describe pervasive sexual harassment on Capitol Hill

November 14, 2017

Efforts to combat sexual harassment on Capitol Hill gained momentum on Tuesday as female lawmakers shared stories of male colleagues engaging in predatory behavior.

Lawmakers in both parties had already expressed support for mandatory sexual harassment awareness training, which is currently voluntary for legislative branch staffers. But they went further in a House Administration Committee hearing on Capitol Hill’s harassment policies and said even more can be done in a male-dominated workplace where sexual harassment can be pervasive.

Rep. Jackie Speier (D-Calif.), in testimony before the panel, said at least two current members of Congress have engaged in sexual harassment.

“In fact, there are two members of Congress, Republican and Democrat, right now, who serve, who have been subject to review or not have been subject to review, but have engaged in sexual harassment,” said Speier, who declined to name the male lawmakers.

Rep. Barbara Comstock (R-Va.) offered another example. She shared a story of a male lawmaker — still in Congress — who asked a young female staffer to bring materials to his residence. He opened the door dressed in only a towel, invited her inside and proceeded to expose himself.

The staffer subsequently quit her job.

More…