5 Important Stories We’re Paying Attention To

5 Important Stories We’re Paying Attention To By Simon Black, Sovereign Man Last week we started a new feature in Notes from the Field– a Friday roll-up of bizarre, often overlooked stories that my team and I think are worth following with great interest. Based on the positive feedback we received from last week’s article, we thought we’d continue the trend. So here are a few important stories that we’re paying close attention to: The City of Chicago Paid $113 million in police misconduct cases last year Call me crazy, but this…

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How 1984 Turned Into an Instruction Manual

How 1984 Turned Into an Instruction Manual By Simon Black, Sovereign Man “Sometimes [two and two are four], Winston. Sometimes they are five. Sometimes they are three. Sometimes they are all of them at once. You must try harder. It is not easy to become sane.” One of the key themes from George Orwell’s dystopic novel 1984 is that the Party can do and say whatever it wants. And more importantly, you must believe it, with all your heart. No matter how absurd. That’s doublethink. It is impossible for two plus two to…

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This Banking Scandal is Awful … Even for Wells Fargo

This Banking Scandal is Awful … Even for Wells Fargo By Simon Black, Sovereign Man I guess none of this should surprise me anymore. Our old friends at Wells Fargo are involved in yet another banking scandal. And this one is really bad… people wrongfully lost their homes and ended up on the street. But before I get into the details of this particularly atrocious mishap, let’s have a quick recap of Wells’ “greatest hits.” Back in April, Wells was hit with a $1 billion fine for selling 570,000 clients auto insurance they…

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How The Government Uses Its Giant Facial Recognition Database

How The Government Uses Its Giant Facial Recognition Database By Simon Black, Sovereign Man In July 1996, flight TWA 800 exploded in mid-air, 12 minutes after taking off from JFK International Airport in New York. All 230 passengers on board were killed. It would be four years before an investigation concluded the likely cause of the explosion was a short circuit in the plane’s fuel tank. But at the time, President Clinton felt the overwhelming need to do something. People suspected terrorism. So Clinton issued new airport security rules. From then…

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IRS to Revoke 362,000 Passports From US Citizens

IRS to Revoke 362,000 Passports From US Citizens By Simon Black, Sovereign Man About two and a half years ago, I told you about a particularly nasty piece of legislation that President Obama quietly signed into law towards the end of his administration. They called it the “FAST Act”, which stood for Fixing America’s Surface Transportation. Yet despite $300 billion earmarked for infrastructure repairs, they didn’t manage to fix very much of America’s surface transportation. The legislation did, however, have two major effects: 1) The FAST Act authorized the US government to…

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Guess Which Bank Just Froze My Funds Over a Simple Transfer

Guess Which Bank Just Froze My Funds Over a Simple Transfer By Simon Black, Sovereign Man Sourced from The Daily Bell What I’m about to tell you is a true story that highlights just how pathetic the banking system has become. A few months ago I was presented with a compelling opportunity to invest with a prominent, well-established private business based in the UK. And, after extensive due diligence, I decided to make the investment… around $4 million. Because this particular investment happened to be denominated in US dollars, though,…

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