Bloomberg
By Liam Vaughan - Aug 21, 2012

Every two months, representatives from the world’s largest banks meet at an undisclosed location to review the London interbank offered rate.

Who sits on the British Bankers’ Association’s Foreign Exchange and Money Markets Committee, the body that governs the benchmark for more than $300 trillion of securities worldwide, is a secret. No minutes are published. The BBA won’t identify any members, saying it wants to protect them from being lobbied, and declined to make the chairman available for interview.

Computer World
By Sharon Gaudin, August 20, 2012

Robots that glow in the dark could be used for search and rescue

Computerworld - Harvard University researchers have developed a squishy robot that can disguise itself or change its color to stand out from its background.

Those features, scientists say, could help surgeons plan complicated operations or aid search and rescue crews after disasters.

Newser
By JACK GILLUM | Associated Press | Aug 24, 2012

AP Exclusive: Romney uses secretive data-mining

Mitt Romney's success in raising hundreds of millions of dollars in the costliest presidential race ever can be traced in part to a secretive data-mining project that sifts through Americans' personal information _ including their purchasing history and church attendance _ to identify new and likely, wealthy donors, The Associated Press has learned.

GFP Note: This is an interesting 3D perspective on building an economy on the gold standard. Although we do not have to worry about the economy anymore, I believe that there is a reason that central banks have been buying up tons of gold and have raised the value of gold from 50% to 100% - because they're the ones who rig the gold market!

Project Syndicate
Christopher T. Mahoney, August 26, 2012

The libertarian (Ron Paul) wing of the Republican party desires a complete rethink of US monetary policy, and has succeeded in having a monetary commission added to the GOP platform. Let's take a look at the Paulist ideas.

Among the libertarian desiderata are:
1. Abolition of the central bank.
2. An end to fiat money and a return to a metallic or bimetallic monetary standard.
3. Privatization of currency issuance.

ABC News
By MATTHEW MOSK and EMILY FRIEDMAN, Aug. 23, 2012

The private equity firm founded by Republican presidential candidate Mitt Romney made use of arcane techniques in several of its Cayman Islands-based funds to avoid U.S. taxes, according to a trove of Bain Capital's private audit and finance records made public on the website Gawker today.