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A must read for everybody who wants to understand modern money world and some turnoffs of history: The Creature from Jekill Island What is the FED, who founded it, what does a central bank, how wars are financed and why state power today is as great as never before. regards Andi

https://cointelegraph.com/news/us-government-seizes-russian-bitcoin-exchange-btc-e-domain The US gov has seized one of the most popular crypto exchange sites "btc-e.com" I personally used it for its wide crypto selection and ability to quickly exchange cryptos. I had around 1% of my net worth on there for convenience since I do trade crypto a lot and like to take risks. Luckily from the Mt. Gox experience, I learned to store the bulk of my crypto on cold storage and never keep large amounts of crypto on these exchange sites. The US gov is also claiming Mt Gox and this website is connected. I have a few friends who lost a lot of their money due to this. Here is a petition if anyone here cares to sign https://www.change.org/p/department-of-justice-we-want-our-money-back-from-btc-e I dont know how active Crypto is in this community. But the US government seems to be in full attack mode. Coinbase.com, the main US exchange site has been asked by the IRS to hand over customer data. I used to use coinbase until they asked for my ID. Bitcoin has also been expecting a fork soon. Overall, its pretty excited to see how this all plays out.

I regularly watch a very funny, informative podcast posted by some industry leaders in the mortgage and real estate industry and I just had to share today's 5 minute video! The topic is unfortunate (govt regulation always is), but presented in a hilariously funny way in a very short 5 minute video. (Link below) Basically, the CFPB (Consumer Financial Protection Bureau) was created 4 years ago and is outside Congressional oversight because it is officially under the Federal Reserve. (..a whole different topic there.. but I'll keep this post more focused) So... an official report issued by the very same Federal Reserve actually states that their very own CFPB (the extra burden of complying with all the new regulation) has been responsible for holding down loan origination (driving down lending) and being the 'stick in the spokes of the industry!' WOW, thanks for the honesty FED (for once!) The new burden of compliance is estimated to have increased real estate closing costs by about 6% overall.. so the real cost to the average Joe buying a piece of real estate with a mortgage is actually 6% more (not due to inflation, just actual increase in costs) Thank you government regulation!!! (rolling eyes while shaking head) Here's the video.. highly suggest watching it for the comedy alone! http://thenationalrealestatepost.com/the-cfpb-is-the-new-herpes/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheNationalRealEstatePost+%28The+National+Real+Estate+Post%29