Germany Passes “Orwellian” Anti-Free-Speech “Facebook Law” – 07.02.17

 

  • The writing has been on the wall for months, but German lawmakers have now passed a controversial law under which Facebook, Twitter, and other social media companies could face fines of up to €50 million ($57 million) for failing to remove hate speech.
  • As AP reports, the measure approved is designed to enforce the country’s existing limits on speech, including the long-standing ban on Holocaust denial. Among other things, it would fine social networking sites if they persistently fail to remove illegal content within a week, including defamatory “fake news.”
  • “Freedom of speech ends where the criminal law begins,” said Justice Minister Heiko Maas, who was the driving force behind the bill.

Read more at:Germany Passes “Orwellian” Anti-Free-Speech “Facebook Law”

Source: zerohedge.com…

“From Horrific To Catastrophic”: Court Ruling Sends Illinois Into Financial Abyss – 07.01.17

  • First Maine, then Connecticut, and finally late on Friday, confirming the worst case outcome many had expected, Illinois entered its third straight fiscal year without a budget as Republican Governor Bruce Rauner and Democratic lawmakers failed to agree on how to compromise over the government’s chronic deficits, pushing it closer toward becoming the first junk-rated U.S. state.
  •  By the end of Friday – the last day of the fiscal year – Illinois legislators failed to enact a budget, and while negotiations continued amid some glimmers of hope and lawmakers planned to meet over the weekend, the failure marked a continuation of the historic impasse that’s left Illinois without a full-year budget since mid-2015, and which, recall, S&P warned one month ago will likely result in a humiliating and unprecedented downgrade of the 5th most populous US state to junk status.

Read more at:“From Horrific To Catastrophic”: Court Ruling Sends Illinois Into Financial Abyss

Source: zerohedge.com…