The truth is, you've never had the 'right to be forgotten' … A recent ruling by Europe's top court has given its people a "right to be forgotten." Google and other search engines must now delete "inadequate, irrelevant, or no longer relevant, or excessive" information from search queries when a European individual requests it, even when the info is true. &...Read More

Google likely trillion dollar company … Google has the potential to hit a trillion-dollar market cap in the next 10 years, according to one technology investing leader. Jim Breyer, founder and CEO at Breyer Capital and a partner in Accel Partners, expects the search engine giant to join Facebook in gobbling up smaller companies and continuing to grow rapidly. "The environment we're...Read More

Proof that the point of the IRS 'scandal' was to cut the IRS budget … It was obvious almost from the inception of the ginned-up IRS "scandal" that its goal was to intimidate the agency into allowing bogus nonprofits to funnel cash into election campaigns. That's exactly what happened, as is shown by an exhaustive study by the Center for Public Integrity. – LA Time...Read More

CNBC's Rick Santelli Was Embarrassed on Live TV for Being Wrong About the Economy. But He's Hardly Alone … CNBC's Rick Santelli, often credited with inspiring the Tea Party movement, made news Monday for yet another outburst on air. He repeated his usual rant against the Federal Reserve's loose monetary policy, prompting CNBC senor economics reporter Steve Liesman to unleash...Read More

In Australia, Shinzo Abe Astutely Handles History … Abe showed that he understands how the past must be handled in order to further important strategic goals. Like the NATO leaders at Normandy, Abe followed the playbook for reconciliation." Japan's premier Shinzo Abe has a reputation for policies and gestures that are offensive to World War II victims, but his recent speech to the A...Read More

Inequality Is Forcing US Towns To Try Scandinavia-Style Taxation — And It's Working … The New York Times travel section, not known for its frugality, recently warned readers about the sticker shock of a Scandinavian vacation. "Prices do mean that unless money is no object, you'll need to modify expectations," the piece advised. In Norway, a burger and fries at a fast...Read More

The CIA spying scandal and the disintegration of American democracy … Last Thursday, the US Department of Justice quietly announced that it would not launch a criminal investigation following the revelation in March that the Central Intelligence Agency (CIA) had spied on the staff of the Senate Intelligence Committee. News of this decision—which concerns one of the most significant con...Read More

Janet Yellen could be a little clearer … What the Fed Really Meant to Say … The gap between what the Federal Reserve says about monetary policy and what investors think it's saying would be funny if it weren't so important. Most of this gap is the listeners' fault – but not all. The Fed could do a better job of explaining itself. – BloombergDominant Social Theme...Read More

America Fails the 'Rule of Law' Test … The U.S. doesn't even come close to meeting the standards articulated by its own army. Why isn't establishment Washington alarmed? … The U.S. Army field manual defines "the rule of law" as follows: "The rule of law refers to a principle of governance in which all persons, institutions and entities, public and private...Read More

Americans have lost out on $6.6 trillion … The inability to maintain 2000-level prosperity has cost us all … Why are so many Americans feeling squeezed economically even as the economy expands at an accelerating pace? … So what's missing? … The answer lies in a very large sum of missing money – about $6.6 trillion by my count – over the first 12 years of thi...Read More

The 113th Congress is historically good at not passing bills … With its August recess imminent and midterm elections following soon after, it's regularly assumed that Congress is done for the year. And, therefore, the 113th Congress, barring a legislative miracle, will soon officially be the least productive ever. – Washington PostDominant Social Theme: Congress needs to do more, n...Read More

China says it's up to US to drive global economy … China's finance minister said Wednesday that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy. Lou Jiwei said that leaders are satisfied with the country's economic performance so far this year and that in the first five months China had created up to 6 million jo...Read More

Fossil industry is the subprime danger of this cycle … The cumulative blitz on energy exploration and production over the past six years has been $5.4 trillion, yet little has come of it … Oil and gas investment in the US has soared to $200bn a year … The epicentre of irrational behaviour across global markets has moved to the fossil fuel complex of oil, gas and coal. This is whe...Read More

HMRC raid on bank accounts goes against Magna Carta, say MPs … MPs say they are "horrified" by the tax authorities' plans to dip into the personal bank accounts of 17,000 "recalcitrant debtors". HMRC says it needs the powers to stop people "gaming the system". Lin Homer, chief executive of HMRC, wants powers to raid the personal bank accounts of "recalc...Read More

Why Music Is Dying … Taylor Swift, the seven-time Grammy winner, is known for her articulate lyrics, so there was nothing surprising about her writing a long column for the Wall Street Journal about the future of the music industry. Yet there's reason to doubt the optimism of what she had to say. "This moment in music is so exciting because the creative avenues an artist can explore...Read More

Matteo Renzi is on a roll. The Italian prime minister is a brilliant politician. His youthful dynamism has bought him time with his people, the markets and the European Union to carry out the immense job of reforming Italy. But he has yet to show he can execute. He now needs to, because even his time will run out. Renzi has had a good four months in the job after he pushed aside his predecessor En...Read More

BBC admonished for giving climate change deniers equal air time … BBC journalists are being schooled in how to cover science. A progress report from an independent body, the BBC Trust, says Britain's public broadcasting service shouldn't be giving equal air time to climate change deniers and others on the scientific fringe. The report found the BBC remains prone to "over-rigid a...Read More

IMF's Lagarde hints at world growth forecast cut … Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than expected, IMF chief Christine Lagarde said on Sunday, hinting at a slight cut in the Fund's growth forecasts. Lagarde said central banks' accommodative policies may have only limited impact on d...Read More

Feds to Bring in Riot Squad Against Illegal Immigration … As illegal immigrants continue to spill across the U.S.-Mexico border, federal authorities are attempting to relocate the migrants from South Texas to housing facilities in states across the nation. One such facility is located in Murrieta, California, where a large group of protesters recently blocked a bus full of migrants from arri...Read More

… America's top banker says we can't prevent economic bubbles, only contain the damage Fed chair Janet Yellen won't be shutting down the party … There is a debate raging over whether or not the tech industry is entering another bubble. The massive valuations being earned by startups with little to no business model and the hordes of eager investors willing to back apps like...Read More