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Category Archives: Embedded systems

Why Elites Are Winning The War On Cash

Authored by James Rickards via The Daily Reckoning, Visa recently unveiled its own offensive in the war on cash. Visa is offering certain merchants a $10,000 reward if they refuse to accept cash in the future. Not surprisingly, Visa’s competitor is also part of the war on cash. Mastercard is increasing its efforts to encourage […]

Iranian Drone Flies Within 100 Feet Of U.S. F-18 In Persian Gulf

While the US government is busy deciding how to tag and track the millions of drones flying over populated areas, potentially jeopardizing aircraft as they take off and land, the US military just had a close encounter in the Persian Gulf, where Reuters reports that an Iranian drone came within 100 feet of a U.S. […]

Secret Service Tests Security Drone For Use At Trump Properties

President Donald Trump’s frequent trips to his resort properties like Mar-a-Lago and the Trump National Golf Club in Bedminster, New Jersey are forcing the Secret Service to find creative new ways to safeguard a president who is spending more time away from the White House than most of his predecessors. In a document released Wednesday, […]

Connecticut Set To Become First State To Allow Deadly Police Drones

Connecticut could become the first US state to allow police to use drones equipped with deadly weapons if a bill opposed by civil libertarians becomes law. The bill, which was approved overwhelmingly by the state legislature’s judiciary committee on Wednesday, would ban so-called weaponized drones in the state but exempts police and other agencies involved […]

War On Cash Escalates: Australia Proposes Ban On $100 Bill; No Cash Within 10 Years?

Submitted by Michael Shedlock via MishTalk.com, Global financial repression has picked up steam. Australian citizens are likely the next victim. AU News reports Government Floats $100 Note Removal. SAY goodbye to the $100 note.   Australia looks set to follow in the footsteps of Venezuela and India by abolishing the country’s highest-denomination banknote in a […]

Foxconn Fires 25% Of India Workers As Demonetization Destroys Sales

While piecemeal anecdotes and surveys have already exposed the devastation that PM Modi's demonetization plan has had on the Indian economy, tonight we see the first hard evidence as Foxconn has asked 25% of its workforce to leave after the cash ban caused sales to collapse by 50% forcing the company to slash production by […]