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daemon@ATHENA.MIT.EDU (Match.com)
Sun Feb 2 13:04:35 2014
To: sipbv6-mtg@charon2.mit.edu
From: "Match.com" <Match.com@rotteslandrygild.us>
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Date: Sun, 2 Feb 2014 10:04:30 -0800
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swings would
be too jarring -- but an increasing number are accepting it for
payment. Gallippi's company, BitPay, handles Bitcoin transactions for some
4,500 companies, taking payments in bitcoins and forwarding the cash equivalent
to the vendor involved, which means that his clients are insulated from
the cybercurrency's volatility.Gallippi said many of the businesses are
e-commerce websites, but he said an increasing number of traditional retailers
were looking to get into the game as well."We just had an
auto dealership in Kansas City apply," he said.In March, BitPay said its
vendors had done a record $5.2 million in bitcoin sales -- well
ahead of the $1.2 million's worth of monthly revenue estimated to have
coursed through Silk Road last year.Even artists accept bitcoins. Tehran-based
music producer Mohammad Rafigh said the currency had allowed him to sell
his albums "all over the world and not only in Iran."Gallippi said
the cybercurrency's ease of access was its biggest selling point.With Bitcoin,
"I can access my money from any computing device at any time
and do whatever the heck I want with it," he said. "Once
you move your money into the cloud why would you ever go
back to putting your money in the bank?"Many Wall Street veterans are
skeptical -- and they may feel vindicated after Bitcoin's latest tumble."Trading
tulips in real time," is how longtime UBS stockbroker Art Cashin described
Bitcoin's vertiginous rise, comparing
arts now," Senate Majority Leader Harry Reid acknowledged after
Thursday's vote.He assured Democrats that a proposal to renew the assault
weapons ban and a ban on high-capacity magazines would get a vote
as an amendment, though it was dropped from the main bill amid
intense opposition.The main bill also includes a measure to increase school
safety funding.Reid lost two Democrats in Thursday's vote -- Sen. Mark Pryor,
D-Ark., and Sen. Mark Begich, D-Alaska, both lawmakers from states with
a strong tradition of gun ownership.More than a dozen Republican senators
for days had threatened to hold up the bill Thursday. They voiced
concern that the proposal -- namely, the background checks provision --
would infringe on Second Amendment rights and impose a burden on law-abiding
gun owners. They also expressed frustration that, while Manchin and Toomey
touted their compromise measure, the bill on the table Thursday did not
yet include that. Rather, it included a stricter background checks provision."Because
the background-check measure is the centerpiece of this legislation it is
critical that we know what is in the bill before we vote
on it," Sens. Rand Paul, R-Ky.; Ted Cruz, R-Texas; and Mike Lee,
R-Utah, said in a statement. "The American people expect more and deserve
better."Thursday's vote follows an intense week of lobbying by gun control
advocates, including the families of the victims of the December mass shooting
at Sandy Hook Element
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<p style="font-size:xx-small;">ess," he said. "Failure to commit to this kind of open
process is tantamount to an admission that the bill is not workable
and will not stand up to public scrutiny."Sessions and Lee have been
among the most skeptical Republican lawmakers when it comes to ongoing efforts
to draft an immigration overhaul.Those talks have largely been confined
to the so-called "Gang of Eight," which includes four Democrats and four
Republicans. A key member of that group is Sen. Marco Rubio, R-Fla.,
who has along with Sessions and others urged Senate Democrats not to
rush the process.Separately, Sessions and two other Republican senators
on Wednesday sent a letter to the Republican members of the "Gang
of Eight" asking for specific details on the projected cost of the
immigration bill.Though a recent agreement between big labor and big business
on the issue of temporary worker cards was highly touted, the senators
have tried to draw attention to what is arguably the bill's most
controversial component -- the path to citizenship for up to 11 million
illegal immigrants."A primary concern related to a large-scale legalization
of illegal immigrants is the long-term cost for taxpayers," the lawmakers
said in the letter Wednesday. The letter was signed by Sessions, Sen.
Chuck Grassley, R-Iowa, and Sen. Pat Roberts, R-Kan.Voicing concern that
illegal immigrants who eventually obtain a green card and later citizenship
would at some point be eligible for a host of
In President Obama's push to crack down on the abundance of firearms
in America, proposed gun-control legislation may be having the opposite
effect.Updated FBI statistics show that background checks in the first three
months of the year far outpace the number of checks in early
2012. The stats show that from January through March, gun owners went
through 7 million background checks -- compared with just 4.8 million in
the first three months of last year.The spike in checks, coupled with
mounting anecdotal claims that ammunition is hard to come by, comes amid
concern by gun owners that new proposals at the state and federal
level could limit access to firearms.Though supporters of the legislation
say that is not the case, the assurances haven't stopped what statistics
suggest is a run on weapons. The purchases have picked up ever
since Obama's election in 2008. Since 2009, there have been 71 million
background checks logged in the federal system. The annual number has risen
every year.The recorded checks only apply to sales from licensed dealers.The
most recent spike further adds to the underlying challenge facing lawmakers
-- how do you regulate weapons when there are already 300 million
of them, and rising, in circulation?While some lawmakers have proposed clawing
back currently owned assault-style weapons, most proposed assault-weapons
bans only apply to future purchases. And at the federal level, the
chance of such a ban passing has
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