Red Pill Reports

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Some articles are aggregated under the Creative Commons License. If you feel this article has been re-published outside of these parameters, please contact us immediately to resolve any issues. We respect copyrights and address any concerns promptly. Real reporting digs for the truth. It is our hope to find it. Share it. Red Pill Reports is your prescription for truth.
Stocks Plunge Again

Stocks Plunge Again

STOCKS PLUNGE AGAIN: Here’s What You Need To Know

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Stocks finished lower for the third straight day on a Columbus Day holiday trading session that saw US equity markets remain open while bond markets and banks were closed for the day.

Stocks bounced around for most of the day before nosediving into the close, just as they did on Friday, with all of the major indexes falling more than 1.3% as the Dow lost more than 210 points.

Stocks Plunge AgainOver the past three days the S&P 500 has lost 4.8%, the largest three-day decline since November 2011.

First, the scoreboard:

  • Dow: 16,321, -223, (-1.3%)
  • S&P 500: 1,874.8, -31.3, (-1.6%)
  • Nasdaq: 4,213.6, -62.6, (-1.4%)

And now, the top stories on Monday:
1. With banks and the bond market closed, there were no economic-data releases on the US calendar. Overnight, however, trade data out of China came in better than expected, as exports rose 15.3% in September compared to a year ago.

2. The 2014 Nobel Prize in Economics was awarded to French economist Jean Tirole for his analysis of market power and regulation. Business Insider’s Shane Ferro has a breakdown of some of Tirole’s most recent work, which helps to explain how CEOs come to command outsize compensation.

3. Shares of GoPro fell more than 9% on Monday amid both broad market weakness and new reports that indicate a GoPro could have been responsible for the seriousness of the skiing accident involving Formula One driver Michael Schumacher. GoPro did not respond to Business Insider’s request for comment on Monday. Shares of GoPro, however, have been notably weak over the past few days as the Nasdaq has been the biggest loser among the major indexes. GoPro shares are now down more than 15% over the past five days.

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Posted by Red Pill Reports in Economic News
Ebola Has The Potential To Be Airborne

Ebola Has The Potential To Be Airborne

CIDRAP: “We Believe There Is Scientific Evidence Ebola Has The Potential To Be Airborne”

by Tyler Durden

When CDC Director Tim Frieden first announced, just a week ago and very erroneously, that he was “confident we will stop Ebola in its tracks here in the United States”, he hardly anticipated facing the double humiliation of not only having the first person-to-person transmission of Ebola on US soil taking place within a week, but that said transmission would impact a supposedly protected healthcare worker. He certainly did not anticipate the violent public reaction that would result when, instead of taking blame for another epic CDC blunder, one which made many wonder if last night’s Walking Dead season premier was in fact non-fiction, he blamed health workers for “not following protocol.”

Ebola Has The Potential To Be AirborneAnd yet, while once again casting scapegoating and blame, the CDC sternly refuses to acknowledge something others, and not just tingoil blog sites, are increasingly contemplating as a distinct possibility: namely that Ebola is, contrary to CDC “protocol”, in fact airborne. Or as, an article posted by CIDRAP defines it, “aerosolized.”

Who is CIDRAP? “The Center for Infectious Disease Research and Policy (CIDRAP; “SID-wrap”) is a global leader in addressing public health preparedness and emerging infectious disease response. Founded in 2001, CIDRAP is part of the Academic Health Center at the University of Minnesota.”

The full punchline from the CIDRAP report:

We believe there is scientific and epidemiologic evidence that Ebola virus has the potential to be transmitted via infectious aerosol particles both near and at a distance from infected patients, which means that healthcare workers should be wearing respirators, not facemasks.

In other words, airborne. And now the search for the next LAKE, i.e., a public company maker of powered air-purifying respirator (PAPR), begins.

Here is the full note: we hope the CDC will take the time to read it.

Health workers need optimal respiratory protection for Ebola

Today’s commentary was submitted to CIDRAP by the authors, who are national experts on respiratory protection and infectious disease transmission. In May they published a similar commentary on MERS-CoV. Dr Brosseau is a Professor and Dr Jones an Assistant Professor in the School of Public Health, Division of Environmental and Occupational Health Sciences, at the University of Illinois at Chicago.
Healthcare workers play a very important role in the successful containment of outbreaks of infectious diseases like Ebola. The correct type and level of personal protective equipment (PPE) ensures that healthcare workers remain healthy throughout an outbreak—and with the current rapidly expanding Ebola outbreak in West Africa, it’s imperative to favor more conservative measures.

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Posted by Red Pill Reports in Health News
US Says it Can Hack Without Warrants

US Says it Can Hack Without Warrants

US Says it Can Hack into Foreign-based Servers Without Warrants

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The US government may hack into servers outside the country without a warrant, the Justice Department said in a new legal filling in the ongoing prosecution of Ross Ulbricht. The government believes that Ulbricht is the operator of the Silk Road illicit drug website.

US says it can hack

Image credits: Davide Restivo

Monday’s filing in New York federal court centers on the legal brouhaha of how the government found the Silk Road servers in Iceland. Ulbricht said last week that the government’s position—that a leaky CAPTCHA on the site’s login led them to the IP address—was “implausible” and that the government (perhaps the National Security Agency) may have unlawfully hacked into the site to discover its whereabouts.

Assistant US Attorney Serrin Turner countered (PDF).

“In any event, even if the FBI had somehow ‘hacked’ into the SR Server in order to identify its IP address, such an investigative measure would not have run afoul of the Fourth Amendment,” Turner wrote. “Because the SR Server was located outside the United States, the Fourth Amendment would not have required a warrant to search the server, whether for its IP address or otherwise.”

Turner added, “Given that the SR Server was hosting a blatantly criminal website, it would have been reasonable for the FBI to ‘hack’ into it in order to search it, as any such ‘hack’ would simply have constituted a search of foreign property known to contain criminal evidence, for which a warrant was not necessary.”

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Posted by Red Pill Reports in Science & Technology
Mexican Gov’t Paying to Help Shield Illegal Immigrants

Mexican Gov’t Paying to Help Shield Illegal Immigrants

Mexican Gov’t Paying to Help Shield Illegal Immigrants in the U.S. from Deportation

by Breitbart
The government of Mexico is paying to help its citizens who are living illegally in the United States avoid deportation.

According to a report from National Public Radio, the Mexican government through its 50 consulates around the United States has been helping to fund low-income illegal immigrants to apply for President Obama’s Deferred Action for Childhood Arrivals program, or DACA — which shields illegal immigrants from deportation and allows them to work in the U.S.

Mexican Gov’t Paying to Help Shield Illegal Immigrants

Image Credits: Gerald L. Nino, CBP, U.S. Dept. of Homeland Security

NPR’s report details the story of Tania Guzman, an illegal immigrant who said the cost of applying for DACA worried her, but she was able to afford it after her pro-bono lawyer from Public Counsel told her she could access financial help from the Mexican Consulate in Los Angeles.

Mexico paid for all Guzman’s attorney fees and application fees, according to NPR. In the end Guzman told NPR she paid just $50.

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Posted by Red Pill Reports in US News
Courts Block Voter ID Laws In Texas, Wisconsin

Courts Block Voter ID Laws In Texas, Wisconsin

Courts Block Voter ID Laws In Texas, Wisconsin

by Associated Press

A federal judge likened Texas’ strict voter ID requirement to a poll tax deliberately meant to suppress minority voter turnout and struck it down less than a month before Election Day — and mere hours after the U.S. Supreme Court blocked a similar measure in Wisconsin.

Courts Block Voter ID Laws In Texas, Wisconsin

Image Credits: Vox Efx, Flickr

The twin rulings released Thursday evening represent major and somewhat surprising blows to largely Republican-backed voter identification rules sweeping the nation that have generally been upheld in previous rulings.

Approved in 2011, Texas’ law is considered among the nation’s harshest and had even been derided in court by the Justice Department as blatant discrimination. Wisconsin’s law was passed the same year and has remained a similar political flashpoint.

“We are extremely heartened by the court’s decision, which affirms our position that the Texas voter identification law unfairly and unnecessarily restricts access to the franchise,” U.S. Attorney General Eric Holder said in a statement. “We are also pleased that the Supreme Court has refused to allow Wisconsin to implement its own restrictive voter identification law.”

U.S. District Judge Nelva Gonzales Ramos of Corpus Christi on Texas’ Gulf Coast, an appointee of President Barack Obama, never signaled during a two-week trial in September that she intended to rule on the Texas law before Election Day. But the timing could spare an estimated 13.6 million registered Texas voters from needing photo identification to cast a ballot.

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Posted by Red Pill Reports in US News
Financial Trouble Is Erupting In Germany And Japan

Financial Trouble Is Erupting In Germany And Japan

Serious Financial Trouble Is Erupting In Germany And Japan

By Michael Snyder

There are some who believe that the next great financial crash will not begin in the United States. Instead, they are convinced that a financial crisis that begins in Europe or in Japan (or both) will end up spreading across the globe and take down the U.S. too. Time will tell if they are ultimately correct, but even now there are signs that financial trouble is already starting to erupt in both Germany and Japan. German stocks have declined 10 percent since July, and that puts them in “correction” territory.

Financial Trouble Is Erupting In Germany And JapanIn Japan, the economy is a total mess right now. According to figures that were just released, Japanese GDP contracted at a 7.1 percent annualized rate during the second quarter and private consumption contracted at a 19 percent annualized rate. Could a financial collapse in either of those nations be the catalyst that sets off financial dominoes all over the planet?

This week, the worst German industrial production figure since 2009 rattled global financial markets. Germany is supposed to be the economic “rock” of Europe, but at this point that “rock” is starting to show cracks.

And certainly the civil war in Ukraine and the growing Ebola crisis are not helping things either. German investors are becoming increasingly jittery, and as I mentioned above the German stock market has already declined 10 percent since July…

German stocks, weighed down by the economic fallout spawned by the Ukraine-Russia crisis and the eurzone’s weak economy, are now down more than 10% from their July peak and officially in correction territory.

The DAX, Germany’s benchmark stock index, has succumbed to recent data points that show the German economy has ground to a halt, hurt in large part by the economic sanctions levied at its major trading partner, Russia, by the U.S. and European Union as a way to get Moscow to butt out of Ukraine’s affairs. The economic slowdown in the rest of the debt-hobbled eurozone has also hurt the German economy, considered the economic locomotive of Europe.

In trading today, the DAX fell as low as 8960.43, which put it down 10.7% from its July 3 closing high of 10,029.43 and off nearly 11% from its June 20 intraday peak of 10,050.98.

[Read more: http://theeconomiccollapseblog.com/archives/financial-trouble-is-already-erupting-in-germany-and-japan]

Posted by Red Pill Reports in World News