UPDATE 2-China official says US could pursue weak dollar policy | Reuters

China should guard against risks from “excessive” holdings of U.S. assets as Washington could pursue a policy to weaken the dollar, a senior currency regulator said in comments published on a website that briefly pushed the dollar lower.

However, the comments by Guan Tao of the State Administration of Foreign Exchange were quickly removed from the website at his request.

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Bitcoin miners busted? Police confuse bitcoin power usage for pot farm – Computerworld Blogs

Bitcoin, one of the world’s newest currencies, is an open source, peer-to-peer currency that does not exist in physical form. It’s owned and traded by means of an anonymous P2P network, without any third-party intermediary like a payment processor, without any government issuing or tracking the virtual currency. While there is a limit of only 21 million bitcoins to be generated by the year 2140, bitcoin is “free” to generate and is created by “bitcoin miners.”

The implication is that a completely untraceable underground economy will emerge using bitcoin.

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Paying for College and Grad School: How to Avoid Spending $100,000 (or more) on a Credential You Don’t Really Need

“You can’t put a price on a good education”… or can you?

If you ask your parents or mentors how to become successful, their answer will most likely include four interrelated invisible scripts:

“Get the best education you can.”

“Colleges provide the best education.”

“The best colleges are expensive.”

“More college is better.”

Like so many of the invisible scripts we grow up with, three of these assumptions aren’t necessarily true.

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The Obama Deception: Why Cornel West Went Ballistic – Chris Hedges | Truthdig

“He makes a bee line to me right after the talk, in front of everybody,” West says. “He just lets me have it. He says, ‘You ought to be ashamed of yourself, saying I’m not a progressive. Is that the best you can do? Who do you think you are?’ I smiled. I shook his hand. And a sister hollered in the back, ‘You can’t talk to professor West. That’s Dr. Cornel West. Who do you think you are?’

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