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John Robb: HR 2930 and Open Source Funding

Commercial Intelligence
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John Robb

JOURNAL: HR 2930 and Open Source Funding

Open source funding is coming. About time.

In a big departure from previous behavior, a very cool new bill just passed the US House of Representatives. It's called H.R. 2930: The Entrepreneur Access to Capital Act.

Basically, the bill eliminates most of the legal barriers (restriction on the number of investors, the type of investors, etc.) to raising small amounts (

Of course, this new capability (if it passes) is going to be abused (bucket shops across the country are gearing up in anticipation). However, most of that will be sorted out in time.

Phi Beta Iota: Disintermediation is proceeding apace.  The big challenge right now is that it is still turgidly centered on the one billion rich with one trillion a year in income — until OpenBTS and free cell phone service / free access to the Internet reach the five billion poor with their four trillion a year in income, the current economic malaise will persist.

See Also:

2012 The Open Source Everything Manifesto: Transparency, Truth, & Trust (Evolver Editions, June 2012)

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Ronnie Reprise: Understanding Plutocracy

Definitions
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Public? What Public?

Wikipedia/Plutocracy:  Plutocracy is rule by the wealthy, or power provided by wealth. The combination of both plutocracy and oligarchy is called plutarchy.

Our government is no longer a democracy: ruled by the people. It is a plutocracy: ruled by the wealthy, and it is an oligarchy: ruled by an elite class. The two realities combined form a plutarchy, and are antithetical to a democratic republic. Representative democracy is meant to represent everyone, not just the wealthy and the elite, and not just the wealthiest 1%, as is true today.

Sucks for the 99%.  The good news is that organized people can bury organized money any day of the week – key word organized.

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Robert Steele: Electoral Reform Update (YouTube)

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1. Status of Statement of Work (3.4) and Act (3.8)
2. Has attracted remarkable contributions of substance
3. Distribution to leadership of all political parties less Demo-Publicans
4. Electoral Reform Summit for early December now under discussion
5. Labor unions next week
6. Still need 300+ Paul Revere's to organize constituent delegations to every Representative's office over the holiday fund-raising period.

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Robert Steele: Electoral Reform Summit

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Robert David STEELE Vivas

Today I had an opportunity to communicate directly with the leadership of all of the parties in the USA that are excluded from the political process by the duopoly that fronts for Wall Street and the various “complexes” that pick the taxpayers' pocket for financial gain.

I not only learned a great deal about the diversity that is being shut out by our corrupt political system, I was gratified–even astonished–at the reception that the All Americans Election Integrity Act of 2012 received, with immediate call-backs and emails.

We are now talking about an Election Integrity Summit during the holiday season (December), with the intent of agreeing to have all political parties less the duopoly join Occupy Wall Streeters in a nation-wide reading of the Statement of Demand on 5 January 2012, calling for the passage of the All Americans Election Integrity Act of 2012 no latter than 15 February 2012–in time for the Phase 1 initiatives to be enacted for November 2012.

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Reference: French Take on CIA Open Source Center

07 Other Atrocities, Articles & Chapters, Corruption, Cultural Intelligence, Government, IO Impotency
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Note:  Use Google translate for a readable but ugly English version that in some cases flips meaning.  Where the French is translated as “bastard” the original English quote offered up “runt.”

Les espions s’ouvrent au public

OWNI France, 10 novembre 2011

Au début du mois et pour la première fois de son histoire, la CIA a ouvert les portes de son centre dédié à l’étude des sources ouvertes, localisé en Virginie. Seule invitée, la journaliste d’Associated Press, Kimberly Dozier. Elle a ainsi pu décrire [en] le fonctionnement de l’Open Source Center (OSC)[en], et de ses activités depuis 2005 consistant à analyser en profondeur “les sources ouvertes”.

Continue reading “Reference: French Take on CIA Open Source Center”