September 2022 - cypherpunks - lists.cpunks.org

Cryptocurrency: Chia Waste, News, Cryptos Merge Global ZFS
by grarpamp 09 Sep '22

09 Sep '22

> Up 10$ since June and bound to break ATH sooner rather than later - BTFD! > https://www.coingecko.com/en/coins/chia > Founded by Bram Cohen, the inventor of the BitTorrent network, Chia Network is building a better blockchain and smart transaction platform which is more decentralized, more efficient, and more secure. https://www.youtube.com/watch?v=rVIXRh4neAI Tech services reaching adoption Prince Philip of Serbia and Yugoslavia Joins Bitcoin Startup JAN3 as CSO. Prince Philip of Serbia: "We need hard money immune to inflation, and Bitcoin is the solution" https://www.youtube.com/watch?v=6M6samPEMpM After another washout and Cuban going limp, BTC pops a green dildo... up 12% (3.2%/h $625/h) in potential pump trap for weekend dump, bid accordingly. Gensler throws BTC to JPM's futures manipulators. Maxi Pomp gets scared and whitewashes his profile, skeevy Mow etc expected to follow. ZKP's advancing and rolling out everywhere as prophesized. Coinbase employees and Ethereum backers sue U.S. Treasury over wrongful Tornado Cash sanctions XRP trash and ETH premine set to pop in Sept. FED's steal $30M from DPRK. Chia still wastes a lot of space, but what if the space was filled with useful data... Any of the hash based filesystems such as ZFS might perhaps be hacked into doing consensus over their uberblocks, content and addressible hashes, crypto addressed leaf mountpoints, etc thus resulting in the planet's biggest distributed encrypted filesystem ever.

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Contempt for journalists is very cypherpunk
by professor rat 09 Sep '22

09 Sep '22

1775 - Marc J. Randazza @marcorandazza · Sep 8 The "Journalism Competition and Protection Act" does what? It creates a four-year safe harbor from antitrust laws for news companies and tech companies. Does that sound like "competition?" Sounds more like "protection for our friends" ( Repost provided with Royal seal of app )

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Cohen the Barbarian
by professor rat 09 Sep '22

09 Sep '22

Up 10$ since June and bound to break ATH sooner rather than later - BTFD! https://www.coingecko.com/en/coins/chia Founded by Bram Cohen, the inventor of the BitTorrent network, Chia Network is building a better blockchain and smart transaction platform which is more decentralized, more efficient, and more secure. DO YOU WANT TO LIVE FOREVER!?

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Cryptocurrency: Replacing Keynesian Abuse of Humanity with Freedom
by grarpamp 08 Sep '22

08 Sep '22

Inflation Is State-Sponsored Terrorism https://mises.org/wire/inflation-state-sponsored-terrorism https://mises.org/library/when-money-dies https://mises.org/library/ethics-money-production https://schiffgold.com/guest-commentaries/inflation-is-state-sponsored-terr… https://www.amazon.com/Joyless-Street-Greta-Garbo/dp/B0010XVFY6 https://schiffgold.com/commentaries/inflation-tax-costing-us-households-433… https://schiffgold.com/interviews/peter-schiff-and-megyn-kelly-this-recessi… https://schiffgold.com/commentaries/fed-paper-admits-the-central-bank-cant-… https://www.science.org/content/article/conquistador-silver-may-not-have-su… https://www.axios.com/make-believe-economy-27a5a019-6798-4dd5-b674-e4dd914d… Americans have been laboring under the burden of inflation for well over a year. We feel the pain everywhere, from the gas pump to the grocery store. Once it became impossible to sell the “inflation is transitory” narrative any longer, the Federal Reserve began raising interest rates to fight inflation. As a result, the bubble economy is getting shaky. But even some people at the Fed seem to realize this is a fight they can’t win. In a talk at the Ron Paul Institute, Mises Institute president Jeff Deist called inflation “state-sponsored terrorism.” Inflationism is both a fiscal and monetary regime, but its consequences go far beyond economics. It has profound social, moral, and even civilizational effects. And understanding how it terrorizes us is the task today.” Following is a transcript of Deist’s talk. The following article was originally published by the Mises Wire. The opinions expressed are the author’s and don’t necessarily reflect those of Peter Schiff or SchiffGold. I. Introduction Remember the quaint old days of 2019? We were told the US economy was in great shape. Inflation was low, jobs were plentiful, GDP was growing. And frankly, if covid had not come along, there is a pretty good chance Donald Trump would have been reelected. At an event in 2019, my friend and economist Dr. Bob Murphy said something very interesting about the political schism in this country. He said: If you think America is divided now, what would things look like if the economy was terrible? If we had another crash like 2008? Well, we might not have to imagine such a scenario much longer. If you think Americans are divided today, and at each other’s throats—metaphorically, but more and more literally—imagine if they were cold and hungry! Imagine if we had to live through something like Weimer Germany, Argentina in the 1980s, Zimbabwe in the 2000s, or Venezuela and Turkey today? What would our political and social divisions look like then? Ladies and gentlemen, we live under the tyranny of inflationism. It terrorizes us, either softly or loudly. I suspect it will get a lot louder soon. As the late Bill Peterson explained, “Inflationism, in today’s terms, is deficit-spending, deliberate credit expansion on a national scale, a public policy fallacy of monumental proportions, of creating too much money that chases too few goods. It rests on the ‘money illusion,’ a widespread confusion between income as a flow of money and income as a flow of goods and services—a confusion between ‘money’ and wealth.” Inflationism is both a fiscal and monetary regime, but its consequences go far beyond economics. It has profound social, moral, and even civilizational effects. And understanding how it terrorizes us is the task today. II. Understanding Inflationism I’ll ask you to consider three things. First, inflation is a policy. We should make them own it. Inflation is not something beyond our control that comes along periodically like the weather. Our monetary and fiscal regimes actually set out to create it and consider it a good thing. Let’s not forget—both Trump and Biden signed off on covid stimulus bills which combined injected roughly $7 TRILLION dollars directly into the economy—even as actual goods and services were dramatically reduced due to lockdowns. Deflation was the natural order of things in response to a crisis, a bullshit crisis in my view, but still a crisis. So of course Uncle Sam actively attempted to undo the natural desire to spend less and hold more cash during a time of uncertainty. This $7 trillion was created on the fiscal side of things. It was not new Fed bank reserves exchanged for commercial bank assets as a roundabout monetization of Treasury debt, as we saw with quantitative easing. This was direct stimulus from the Treasury via Congress as express fiscal policy. Free money. This money went straight into the accounts of individuals (stimulus checks), state and local governments, millions of small businesses (PPP [Paycheck Protection Program] loans), the airline industry, and untold earmarks. This was actual cash, and it is being spent. So any economist who tells you today’s inflation is somehow a surprise is either charitably misinformed or gaslighting. This is a policy. Inflation is engineered. The difference between supposedly desirable 2 percent CPI [Consumer Price Index] and very bad, awful, no good 9 percent CPI is only one of degree. The same mindset produces both. But the inflationists insist a little bit of virus is good for us, like a vaccine … So an express policy of some inflation is the mechanism to forestall too much inflation. This is a curious position. Second, inflation is nothing less than sanctioned state terror, and we ought to treat it as such. It’s criminal. It makes us live in fear. Inflation is not just an economic issue, but in fact, produces deep cultural and social sickness in any society it touches. It makes business planning and entrepreneurship—which rely on profit and loss calculations using money prices—far more difficult and risky, which means we get less of both. How do you measure money profits when the unit of measurement keeps falling in value? It erodes capital accumulation, the driver of greater productivity and material progress. So inflation destroys both existing wealth and future wealth, which never comes into being and thus diminishes the world our children and grandchildren inhabit. And it makes us poor and vulnerable in our senior years. After all, saving is for chumps. Current one-year CD rates are below 3 percent, while inflation is at least 9 percent. So you’re losing 6 points just by standing still! By the way, the last time official CPI approached double digits, in the early ’80s, a one-year CD earned 15 percent. I’d like to hear Jerome Powell explain that. By the way, ever since Alan Greenspan began this great experiment of four decades of lower and lower interest rates, guess who hasn’t benefited? Poor people and subprime borrowers, who still pay well over 20 percent for their car loans and credit cards. But here is an unspoken truth: inflation also makes us worse people. It degrades us morally. It almost forces us to choose current consumption over thrift. Economists call this high time preference, preferring material things today at the expense of saving or investing. It makes us live for the present at the expense of the future, the opposite of what all healthy societies do. Capital accumulation over time, the result of profit, saving, and investing, is how we all got here today—a world with almost unimaginable material wealth all around us. Inflationism reverses this. So this very human impulse, to save for a rainy day and perhaps leave something for your children, is upended. Inflationism is inescapably an antihuman policy. Third, hyperinflation can happen here. It may not happen, and it may not happen soon. But it might well happen. And even steady 10 percent inflation means prices double roughly every seven years. We can pretend the laws of economics don’t apply to the world’s leading superpower, or that the world’s reserve currency is safe from the problems experienced by lesser countries. And it’s certainly true our reserve currency status insulates us and makes the world need dollars. Governments and industry mostly use US dollars to buy oil from OPEC countries, hence the term “petrodollar.” It’s certainly true governments, central banks, large multinational companies, worldwide investment funds, sovereign wealth funds, and pension funds all hold plenty of US dollars—and thus in a perverse way share our interest in maintaining King Dollar. It’s true we don’t have easy historical examples of a world reserve currency, like gold, suffering a rapid devaluation across the world (even the Spanish silver devaluation of the 1500 and 1600s was not necessarily caused by a glut in circulating currency). So we’re in uncharted territory, especially given the fiscal and monetary excesses of the last twenty-five years and especially the last two years. But this only means the potential contagion is greater and more dangerous. The whole world can be sickened at once. III. A Story: When Money Dies But as most of you surely know by now, we don’t turn the ship around or win hearts and minds simply with logic and facts and airtight arguments. We need stories, or narratives, in today’s awful media parlance, to gain influence. We need emotional reactions. So I will suggest a story with plenty of pathos to shake people out of their complacency and sound the warning. That story is When Money Dies, Adam Fergusson’s brilliant cautionary account of hyperinflation in Weimar-era Germany. It is the story Americans desperately need to hear today. Fergusson’s book should be assigned to central bankers stat (we wonder how many of them know of it). It’s not a book about economic policy per se—it’s a story, a historical account of folly and hubris on the part of German politicians and bureaucrats. It’s the story of a disaster created by humans who imagined they could overcome markets by monetary fiat. It’s a reminder that war and inflation are inextricably linked, that war finance leads nations to economic disaster and sets the stage for authoritarian bellicosity. We think Versailles and reparations created the conditions for Hitler’s rise, but without the Reichbank’s earlier suspension of its one-third gold reserve requirement in 1914, it seems unlikely Germany would have become a dominant European military power. Without inflationism, Hitler might have been a footnote. Most of all, When Money Dies is a tale of privation and degradation. Not only for Germans, but also Austrians and Hungarians grappling with their own political upheavals and currency crises in the 1910s and ’20s. In a particularly poignant chapter, Fergusson describes the travails of a Viennese widow named Anna Eisenmenger. A friend of mine, @popeofcapitalism on Twitter, sent me her diary from Amazon. The story starts with her comfortable life as the wife of a doctor and mother to a wonderful daughter and three sons. They are talented and cultured and musical and upper middle class. They even socialize with Archduke Franz Ferdinand and his wife, the Duchess of Hohenberg. But in May 1914 their happy life is shattered. Ferdinand is assassinated at Sarajevo, and war breaks out. Wars cost money, and the gold standard wisely adopted by Austria-Hungary in 1892 is almost immediately seen as an impediment. So the government predictably begins to issue war bonds in huge numbers, and the central bank fires up the printing presses. This results in a sixteenfold increase in prices just during the war years. But the human effects are catastrophic, even apart from the war itself. Frau Eisenmenger is luckier than most Viennese women. She owns small investments which produce modest income—fixed in kronen. Her banker quietly urges her to immediately exchange any funds for Swiss francs. She demurs, as dealing in foreign currency has been made illegal. But soon she realizes he was right. There is probably a lesson here for all of us! As the war unfolds, she is forced into black markets and pawning assets to procure food for her war-damaged children. Her currency and Austrian bonds become almost worthless. She exchanges her husband’s gold watch for potatoes and coal. The downward spiral of her life, marked by hunger and hoarding anything with real value, happens so quickly she barely has time to adjust. But her misery doesn’t stop with the end of the war. On the contrary, the Saint-Germain Treaty in 1919 gives way to a period of hyperinflation: the money supply increases from 12 to 30 billion kronen in 1920, and to about 147 billion kronen at the end of 1921 (does this sound like America 2020, by the way?). By August 1922, consumer prices are fourteen thousand times greater than before the start of the war eight years earlier. In just a few short years she endures countless tragedies, all made worse by privation, cold, and hunger. Her husband dies. Her daughter contracts tuberculosis and dies, leaving Frau Eisenmenger to take care of her infant daughter and young son. One son goes missing in the war, one son is blinded, and her son-in-law becomes crippled following the loss of both legs. Food and coal are rationed, so her apartment is a miserable hovel—and she is forced to dodge searches by the “Food Police” looking for illegal hoarding. Ultimately, she is shot in the lung by her own Communist son, Karl, in a fit of rage. There is a haunting and historically accurate silent film about conditions in Vienna during this era called The Joyless Street, starring a young Greta Garbo. Her character sees everything deteriorate around her; even her father beats her with his cane for returning home without food. Once friendly neighbors become suspicious of each other’s stores of bread and cheese, while prostitution becomes rampant. Angry people jostle in line, waiting for the butcher to open; when he does, only the most attractive women receive the scraps of meat available that day. Fistfights become common. Starving children beg for food in front of restaurants and cafes like stray dogs. Everything familiar and beautiful in society becomes degraded and cheapened seemingly overnight. Like a Stephen King horror movie, something very familiar changes into a strange and menacing place. Your neighborhood takes on a different light. People you thought you knew became malevolent strangers. Scapegoating, blame, and snitching become commonplace. Is this beginning to sound familiar, especially after Biden’s sick speech the other night? So, next time one of these sociopaths in our political class wants to spend a few trillion more to pay for a green new deal or a war with China or free college, remember Frau Eisenmenger’s story. IV. The Lessons for Today How do we apply this grim historical lesson from the Weimar period to America today? How do we tell this story? First, we explain inflationism in human terms, to personalize it and de-bamboozle it. Make monetary policy vital and immediate, not boring and dry and technocratic. Again, there are enormous moral and civilization components to monetary policy. Inflation not only harms our economy, it makes us worse people: profligate, shortsighted, lazy, and unconcerned with future generations. Professor Guido Hülsmann literally wrote the book on this. It’s called The Ethics of Money Production. This is maybe the greatest untold story in America today: the story of not only how the Fed fundamentally shifted our economy from one of production to consumption, but what it did to us as people. Don’t let them hide behind complex Fed speak the simple reality: monetary policy is nothing less than criminal theft from future generations, from savers, and from the poorest Americans, who are furthest from the money spigot. The idea that reasonably intelligent laypeople cannot understand monetary policy, that it is too important and complex for anyone but experts, is nonsense. We should expose it. Second, ridicule the absurd idea that “policy” can make us richer. More goods and services, produced more and more efficiently, thanks to capital—and thereby creating price deflation—make us richer. That’s the only way. Not by legislative or monetary fiat. So we should attack any notion of “public policy” and especially “monetary policy.” Inflationism creates a fake economy, a “make-believe” economy, as Axios recently put it. A fake economy depends on enormous levels of ongoing fiscal and monetary intervention. We call this “financialization,” but we all have a sense that our prosperity is borrowed. We all feel it. Capital markets are degraded: a lot of money moves around without creating any value for anyone. Companies don’t necessarily make profits or pay dividends; all that matters to shareholders is selling their stock for capital gains. It always requires a new Ponzi buyer. But we know intuitively this isn’t right: consider a restaurant or dry cleaner which operated without profit for years in the hope of selling for a gain years or decades later. Only the distorted incentives created by inflationism make this mindset possible. So down with “policy”—what we need is sound money! Finally, let us not fear being accused of hyperbole or alarmism. Let me ask you this: what happens if we’re wrong, and what happens if they’re wrong? What they are doing, meaning central bankers and national treasuries, is unprecedented. Fake money is infinite, real resources are not. Hyperinflation may not be around the corner or even years away; no one can predict such a thing. But at some point the US economy must create real organic growth if we hope to maintain living standards and avoid an ugly inflationary reality. No amount of monetary or fiscal engineering can take the place of capital accumulation and higher productivity. More money and credit is no substitute for more, better, and cheaper goods and services. Political money can’t work, and we should never be afraid to attack it root and branch. We need private money, the only money immune from the inescapable political incentive to vote for things now and pay for them later. If this is radical, so be it. History shows us how money dies. Yes, it can happen here. Only a fool thinks otherwise.

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Re: Larson FOIL 5th Extension letter (Apple Card Report)
by Gunnar Larson 08 Sep '22

08 Sep '22

Ms. Garvin: Okay. Thank you, Gunnar Gunnar Larson xNY.io - Bank.org On Thu, Sep 8, 2022, 4:44 PM Garvin, Sheila Y (DHR) < Sheila.Garvin(a)dhr.ny.gov> wrote: > Dear Mr. Larson: > > > > Pursuant to your request, please see the attached. > > > > Thanks for contacting the Division. > > > > *Best,* > > > > *Sheila Garvin* > > > > > > *DHR Records Access Clerk* > > *Legal Management Records Unit* > > One Fordham Plaza, 4th Floor, Bronx, NY 10458 > > Tele: (718) 741-8423/ e-Fax: (718) 741-8256 > > *foil(a)dhr.ny.gov <foil(a)dhr.ny.gov>* > > *Sheila.Garvin(a)dhr.ny.gov <Sheila.Garvin(a)dhr.ny.gov>* > > *www.dhr.ny.gov <http://www.dhr.ny.gov/>* > > > > *This transmission and its attachments may contain confidential or > privileged information, which is intended for use by the individual or > entity to which the transmission is addressed. If you are not the intended > recipient, you are hereby notified that any disclosure, dissemination, > copying, or distribution of this transmission or its attachments is > strictly prohibited. If you have received this transmission in error, > please notify the sender immediately at the above address and delete the > transmission and its attachments**.* > > > > > > > > >

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Fwd: Larson FOIL 5th Extension letter (Apple Card Report)
by Gunnar Larson 08 Sep '22

08 Sep '22

---------- Forwarded message --------- From: Garvin, Sheila Y (DHR) <Sheila.Garvin(a)dhr.ny.gov> Date: Thu, Sep 8, 2022, 4:44 PM Subject: Larson FOIL 5th Extension letter (Apple Card Report) To: G(a)xny.io <G(a)xny.io> Cc: Paasewe, Siaka (DHR) <Siaka.Paasewe(a)dhr.ny.gov> Dear Mr. Larson: Pursuant to your request, please see the attached. Thanks for contacting the Division. *Best,* *Sheila Garvin* *DHR Records Access Clerk* *Legal Management Records Unit* One Fordham Plaza, 4th Floor, Bronx, NY 10458 Tele: (718) 741-8423/ e-Fax: (718) 741-8256 *foil(a)dhr.ny.gov <foil(a)dhr.ny.gov>* *Sheila.Garvin(a)dhr.ny.gov <Sheila.Garvin(a)dhr.ny.gov>* *www.dhr.ny.gov <http://www.dhr.ny.gov/>* *This transmission and its attachments may contain confidential or privileged information, which is intended for use by the individual or entity to which the transmission is addressed. If you are not the intended recipient, you are hereby notified that any disclosure, dissemination, copying, or distribution of this transmission or its attachments is strictly prohibited. If you have received this transmission in error, please notify the sender immediately at the above address and delete the transmission and its attachments**.*

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Cryptocurrency: Privacy Cryptos Set to End Global Systems of Fiat and War
by grarpamp 08 Sep '22

08 Sep '22

"There Is Simply No Way Out" - Charles Nenner Warns Of 'Anti-Dollar' Global War In H2 '23 https://usawatchdog.com/ https://www.charlesnenner.com/ Renowned geopolitical and financial cycle expert Charles Nenner says his analysis shows there is big trouble coming for the U.S. dollar. The dollar’s reserve currency status is on its way to being a thing of the past. Nenner explains, “The dollar is still up. We have a target on the dollar of 113 (on the USDX). It’s now around 110, but it’s not going to be surviving as the major currency..." " People don’t trust what is going on in the United States. . . . We have seen this happen to other countries. We saw this happen to the British. They are going to go to another major currency. The BRIC countries and China are preparing to have an anti-dollar. I have told you for years that the dollar is not going to crash, but now it is time. In a year or so, they will really be getting into trouble with the dollar. If the dollar goes down, of course, the inflation goes even higher. So, actually, there is no way out anymore. Every Federal Reserve President has said let’s keep it going. The dollar is going to collapse, but not in my lifetime, and now there is almost nothing left to do anymore... If you forgive the student loans, you will have a big problem. First of all, it’s impossible. They pretend nothing will come out of it, but it will destroy the economy. When they get out of college, students make 4 or 5 times what other people earn, and it is being paid by the simple people. You are going to have more social unrest than you have ever seen.” Nenner says a big crash is inevitable. Nenner says, “Soon the pensions are going to be in trouble..." "The buying power is going to be in trouble. This is simply a situation that has been created for... many years. There is simply no way out. We have to crash. We have to get a depression. The whole economy will have to start all over again.” Nenner predicted in May that a “Third of the global population will be killed in next war cycle.” The only good news is that it has been pushed back a little and will not start at the beginning of 2023. Nenner says, “We are going to continue on this pace for war, and it is going to explode in the second half of 2023.” Nenner says you have seen the lows in interest rates, and the long-term trend is up. Nenner has been out of the bond market for close to a year. Nenner has never been more bullish on gold and silver. He says because of the massive money printing, there will be massive inflation. Nenner says, “This happened to the Dutch economy. It happened to the British Empire. That’s how it goes. At the end they always print money, and they don’t deserve it. It’s hard to say, but this usually ends in a war. . . . You have to buy gold and silver...Gold will be up strong up until 2027, but you have to have a strong stomach to take the ups and downs.” There is much more in the 42 min. interview. Join Greg Hunter of USAWatchdog.com as he goes One-on-One with renowned cycle analyst and financial expert Charles Nenner. (9.6.22)

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Black self-defense in the Jim Bell South.
by professor rat 08 Sep '22

08 Sep '22

Makowsky and Warren find that greater access to firearms in the Black community reduced the rate of lynching in the Jim Crow South. We assess firearms as a means of Black self-defense in the Jim Crow South. We infer firearm access by race and place by measuring the fraction of suicides committed with a firearm. Corroborating anecdotal accounts and historical claims, state bans on pistols and increases in White law enforcement personnel served as mechanisms to disarm the Black community, while having no comparable effect on White firearms. The interaction of these mechanisms with changing national market prices for firearms provides us with a credible identification strategy for Black firearm access. Rates of Black lynching decreased with greater Black firearm access. Lots of black civil rights leaders were heavily armed but this is rarely mentioned let alone emphasized.

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Special Master gets special shield
by professor rat 08 Sep '22

08 Sep '22

The special-master in the Mar-a-lago documents case has been issued with a highly reflective shield developed by the pentagon following the posting of stolen, highly classified documents being posted online. By reading over their shoulder pentagon staff exposed to the internet could avoid being turned into defendants by another investigation. They soon got used to their new hardware dubbing them " Captain America " grade shields. Reports hackers were deciphering mirrored images have not yet been confirmed.

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Fwd: GE Banned From Selling Wind Turbines Infringing Siemens' IP
by Gunnar Larson 08 Sep '22

08 Sep '22

---------- Forwarded message --------- From: Government Contracts Law360 <news-alt(a)law360.com> Date: Thu, Sep 8, 2022, 4:34 AM Subject: GE Banned From Selling Wind Turbines Infringing Siemens' IP To: <g(a)xny.io> A Massachusetts federal judge issued a permanent injunction on Wednesday barring General Electric Co. from selling Haliade-X wind turbines that a jury found infringed a Siemens' patent, but allowed the company to produce turbines that have already been ordered to complete state-sponsored wind projects in New Jersey and Massachusetts. [image: Law360 Government Contracts] <https://www.law360.com/governmentcontracts?nl_pk=79dc7509-42c4-4360-b555-1b…> GOVERNMENT CONTRACTS <https://www.law360.com/governmentcontracts?nl_pk=79dc7509-42c4-4360-b555-1b…> [image: Law360 Government Contracts] <https://www.law360.com/governmentcontracts?nl_pk=79dc7509-42c4-4360-b555-1b…> GOVERNMENT CONTRACTS <https://www.law360.com/governmentcontracts?nl_pk=79dc7509-42c4-4360-b555-1b…> ------------------------------ Thursday, September 8, 2022 [image: Follow Law360] <https://twitter.com/Law360> ------------------------------ <https://sli.law360news.com/click?s=736263&li=112&m=9f998b7695d367427670a564…> <https://sli.law360news.com/click?s=736264&li=112&m=9f998b7695d367427670a564…> <https://sli.law360news.com/click?s=736266&li=112&m=9f998b7695d367427670a564…> TOP NEWS ------------------------------ GE Banned From Selling Wind Turbines Infringing Siemens' IP <https://www.law360.com/governmentcontracts/articles/1528340/ge-banned-from-…> A Massachusetts federal judge issued a permanent injunction on Wednesday barring General Electric Co. from selling Haliade-X wind turbines that a jury found infringed a Siemens' patent, but allowed the company to produce turbines that have already been ordered to complete state-sponsored wind projects in New Jersey and Massachusetts. 2 documents attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1528340/ge-banned-from-…> 2nd Circ. Upholds Navient Public Service Loan Relief Deal <https://www.law360.com/governmentcontracts/articles/1528059/2nd-circ-uphold…> The Second Circuit on Wednesday upheld the approval of a deal between loan servicer Navient Corp. and a class of borrowers that accused it of failing to inform potential applicants about a loan forgiveness program for public service employees, while rejecting objections that the deal would not benefit the class. Opinion attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1528059/2nd-circ-uphold…> GAO Denies Va. Co.'s Protest Of State Dept.'s Security Pick <https://www.law360.com/governmentcontracts/articles/1528257/gao-denies-va-c…> The U.S. Government Accountability Office has denied a Virginia-based military contractor's protest of a security service task order issued to a competitor, saying it had no reason to object to the U.S. State Department's evaluation of its proposal. Decision attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1528257/gao-denies-va-c…> <https://sli.law360news.com/click?s=736267&li=112&m=9f998b7695d367427670a564…> <https://sli.law360news.com/click?s=736268&li=112&m=9f998b7695d367427670a564…> <https://sli.law360news.com/click?s=736270&li=112&m=9f998b7695d367427670a564…> ENFORCEMENT ------------------------------ Colo. Gadget Maker To Pay $625K Over Alleged False Claims <https://www.law360.com/governmentcontracts/articles/1528220/colo-gadget-mak…> A Colorado-based scientific instruments manufacturer and its owner agreed to pay the United States $625,000 to settle allegations they sold the government China-origin products despite claiming they were produced domestically, the U.S. Department of Justice announced Wednesday. Read full article » <https://www.law360.com/governmentcontracts/articles/1528220/colo-gadget-mak…> LITIGATION ------------------------------ Insurers Fight Coverage In Taliban Terror Support Suit <https://www.law360.com/governmentcontracts/articles/1527986/insurers-fight-…> Liberty Mutual, AIG units and other insurers have told a New Jersey state court that their policies do not cover claims alleging that The Louis Berger Group Inc. made protection payments used by the Taliban for terrorist attacks in Afghanistan against U.S. service members and civilians because such purported misconduct was not accidental in nature. 6 documents attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1527986/insurers-fight-…> EXPERT ANALYSIS ------------------------------ Bid Protest Spotlight: Affiliate Experience, JV Registration <https://www.law360.com/governmentcontracts/articles/1527308/bid-protest-spo…> In this month's bid protest roundup, James Tucker at MoFo offers takeaways from a decision that considered the rule governing offeror reliance on affiliate experience and past performance, and discusses bid protest decisions that considered similar solicitation terms but reached opposite conclusions about whether joint venture registration in the System for Award Management was required. 3 documents attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1527308/bid-protest-spo…> Beware Broad Scope Of Gov't Contract PAC Contribution Ban <https://www.law360.com/governmentcontracts/articles/1526459/beware-broad-sc…> With the midterm elections quickly approaching, businesses looking to contribute to independent expenditure-only political action committees should note the broad definition of "government contract" in a spate of recent federal enforcement actions finding campaign law violations, say attorneys at Akin Gump. Read full article » <https://www.law360.com/governmentcontracts/articles/1526459/beware-broad-sc…> How In-House Counsel Can Better Manage Litigation Exposure <https://www.law360.com/governmentcontracts/articles/1526011/how-in-house-co…> In anticipation of economic downturn and increased litigation volume, the true struggle for an in-house team is allocating their very limited and valuable attentional resources, but the solution is building systems that focus attention where it can be most effective in delivering better outcomes, say Jaron Luttich and Sean Kennedy at Element Standard. Read full article » <https://www.law360.com/governmentcontracts/articles/1526011/how-in-house-co…> <https://sli.law360news.com/click?s=736271&li=112&m=9f998b7695d367427670a564…> <https://sli.law360news.com/click?s=736272&li=112&m=9f998b7695d367427670a564…> <https://sli.law360news.com/click?s=736274&li=112&m=9f998b7695d367427670a564…> [image: Law360] <https://www.law360.com/sponsors/click/5251?nl_pk=79dc7509-42c4-4360-b555-1b…> LEGAL INDUSTRY ------------------------------ Analysis Experts Say Mar-A-Lago Judge Shows Poor Grasp Of Privilege <https://www.law360.com/governmentcontracts/articles/1527860/experts-say-mar…> A Florida federal judge's decision to appoint a special master to screen documents seized at former President Donald Trump's Mar-a-Lago estate for executive privilege shows a "fundamental misunderstanding" of the subject, experts told Law360. Read full article » <https://www.law360.com/governmentcontracts/articles/1527860/experts-say-mar…> Ex-5th Circ. Judge Joins Gibson Dunn In Houston <https://www.law360.com/governmentcontracts/articles/1528024/ex-5th-circ-jud…> Gibson Dunn & Crutcher LLP will bring aboard former Fifth Circuit Judge Gregg Costa in Houston next month as co-chair of its global trial practice group, the firm said Wednesday. Read full article » <https://www.law360.com/governmentcontracts/articles/1528024/ex-5th-circ-jud…> Senate Confirms 1st Asian American Judge To 7th Circ. <https://www.law360.com/governmentcontracts/articles/1528077/senate-confirms…> The Senate in bipartisan fashion on Wednesday confirmed U.S. District Judge John Z. Lee to be the first Asian American judge on the Seventh Circuit. Read full article » <https://www.law360.com/governmentcontracts/articles/1528077/senate-confirms…> 3rd Circ. Noms Pressed By GOP Sens. For Personal Views <https://www.law360.com/governmentcontracts/articles/1527674/3rd-circ-noms-p…> Senators on the Judiciary Committee had a tense exchange over appropriate lines of inquiry into judicial nominees Wednesday as Republicans pressed two Third Circuit picks for their personal views on several issues, including questioning a Delaware Supreme Court justice on recommendations from a diversity committee on which she served. Read full article » <https://www.law360.com/governmentcontracts/articles/1527674/3rd-circ-noms-p…> Ga. High Court Revives Proskauer Tax Malpractice Case <https://www.law360.com/governmentcontracts/articles/1528055/ga-high-court-r…> Despite widespread media coverage years ago of shady tax shelters and BigLaw firms, Proskauer Rose LLP didn't show that investors who relied on the firm's tax opinion long before filing suit were "specifically aware" of those issues, the Georgia Supreme Court ruled Wednesday, breathing life into the closely watched malpractice case. Read full article » <https://www.law360.com/governmentcontracts/articles/1528055/ga-high-court-r…> 11th Circ. Asked To DQ Atty Caught Calling Jurors 'Idiots' <https://www.law360.com/governmentcontracts/articles/1527875/11th-circ-asked…> An attorney who was caught on video calling jurors "idiots" and confessing to filing class actions to advance his business interests must be disqualified from representing the other side of a dispute over a soured partnership, the self-professed inventor of bitcoin told the Eleventh Circuit. Read full article » <https://www.law360.com/governmentcontracts/articles/1527875/11th-circ-asked…> NY Court Gives Ex-AG Schneiderman His Law License Back <https://www.law360.com/governmentcontracts/articles/1528056/ny-court-gives-…> Former New York Attorney General Eric T. Schneiderman is again allowed to practice law after a one-year suspension of his law license stemming from a sexual abuse scandal that mired his political career, his attorney confirmed on Wednesday to Law360 Pulse. Read full article » <https://www.law360.com/governmentcontracts/articles/1528056/ny-court-gives-…> Kramer Levin Continues DC Growth With Impeachment Atty <https://www.law360.com/governmentcontracts/articles/1526267/kramer-levin-co…> Barry Berke, a Kramer Levin Naftalis & Frankel LLP trial attorney who served as special counsel during former President Donald Trump's first impeachment trial and as chief counsel during his second, will lead the firm's new congressional investigations practice. Read full article » <https://www.law360.com/governmentcontracts/articles/1526267/kramer-levin-co…> Cooley Boosts Antitrust Team In DC With Senior DOJ Lawyer <https://www.law360.com/governmentcontracts/articles/1528051/cooley-boosts-a…> Cooley LLP has added a senior antitrust attorney from the U.S. Department of Justice to its Washington, D.C., office as a partner, its fourth high-profile antitrust addition this year, the law firm said Wednesday. Read full article » <https://www.law360.com/governmentcontracts/articles/1528051/cooley-boosts-a…> DOJ Antitrust Division Chief Of Staff Joins Axinn <https://www.law360.com/governmentcontracts/articles/1528032/doj-antitrust-d…> Axinn Veltrop & Harkrider LLP said Wednesday it has hired a top deputy at the U.S. Justice Department's Antitrust Division as a partner in its Washington, D.C., office. Read full article » <https://www.law360.com/governmentcontracts/articles/1528032/doj-antitrust-d…> Duquesne Univ. Alum Tom Kline Donates $50M To Law School <https://www.law360.com/governmentcontracts/articles/1528254/duquesne-univ-a…> Duquesne University in Pittsburgh will rename its law school for Kline & Specter partner Thomas R. Kline, after the attorney made a record $50 million donation to his alma mater, the school announced Wednesday. Read full article » <https://www.law360.com/governmentcontracts/articles/1528254/duquesne-univ-a…> Chancery Won't Delay Musk-Twitter But OKs Counterclaim <https://www.law360.com/governmentcontracts/articles/1528037/chancery-won-t-…> Elon Musk won clearance Wednesday to broaden his defense and counterclaims against a Delaware Court of Chancery suit by Twitter Inc. aiming to force his closing on a $44 billion take-private deal, but failed in a bid to delay an Oct. 17 trial kickoff for the dispute. Read full article » <https://www.law360.com/governmentcontracts/articles/1528037/chancery-won-t-…> Ex-DLA Piper Atty Wins Stay In Cannabis Co. Fight <https://www.law360.com/governmentcontracts/articles/1528255/ex-dla-piper-at…> A California judge paused a cannabis company's suit against a former DLA Piper attorney Tuesday to allow the attorney's own fraud suit against the cannabis company to proceed first, finding that the parties' legal tactics, along with risk of inconsistent rulings, warrant a stay. 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