The recent Financial Times investigation revealed that Microsoft had collected discreetly a facial recognition database of some 10 million images of some 100,000 people. They apparently used it for facial recognition software. When the FT began investigating, Microsoft discretely deleted the database. The public dataset, called ‘MS Celeb,’ included images of ‘celebrities’ pulled from the […]
Believe it or not, sometimes there is a glimmer of hope. The glimmer came in Idaho and stunned governments around the world. Idaho’s state legislature just opted to repeal the entire state regulatory code. The greatest problem with regulation is that it remains there forever. There are so many laws that everyone breaks every day […]
QUESTION: Marty; You mentioned at the cocktail party in Rome, which was spectacular BTW, that your concern would be capital controls emerging when the euro starts to break hard. Do you have a time frame for that? WJ ANSWER: Yes, the view from the cocktail party was spectacular. A bit cold; we could have used […]
QUESTION: Marty: I read you every day and I am one of the fortunate people to have a financial advisor that attends your Conference every year in the US. I am wondering how Airbus will be affected in the future as the Euro further declines. Thanks, RM ANSWER: This is one of the aspects that […]
Marijuana has been prejudiced over the years by people who have never understood the risks and because there was concern that marijuana might compete with the paper industry. There was a campaign waged against marijuana that was born out of an anti-immigration movement against Mexicans. The Mexican Revolution began in 1910 and ran into about 1920. […]
I use to live in London and I was taking some photos in a Royal Park on a Sunday. The police told me if I was going to take one more photo he would confiscate my camera. I thought it was a joke to which he did not take kindly. Apparently, when photography first began […]
QUESTION: You mentioned that the ROME WEC may be the last in Europe. If a VISA is required starting in 2021, does that effectively mean the political end for pro-immigration politicians in the EU? Seems to me the VISA requirement is incompatible with the entire notion of free movement across borders. Maybe the EU will be […]
The SEC has moved to hold Elon Musk in contempt in their favorite court – the Southern District of New York. This has been a battle against the SEC whereby just making any comment as a CEO of a public company brings the SEC in against you unless you are one of the bankers. Even […]
COMMENT: Dear Martin, I would like to share any information on the subject “The Hunt for Taxes and the Abolition of Cash” that you comment on so often: Citi closes accounts of customers who withdraw cash instead of using credit cards The Peruvian author and journalist Jaime Bayly, who lives in Florida, comments political and arts issues in […]
QUESTION: What mechanism prevents banks from creating fraudulent electronic deposits of currency? As an IT systems admin, I have the ability to add / subtract / adjust ERP systems inventory / costing outside the normal users ability. I could add widgets to the system at will, but fraud can’t be sustained very long, as the […]
