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Do New Images Show Dick Cheney a Bit Too Relaxed on September 11th, 2001?

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If you’re reading this, there’s a chance you weren’t old enough to vote when the World Trade Center’s Twin Towers were struck down on September 11th, 2001. An event that caused a tectonic shift in US foreign policy and led to two US engagements in the Middle East (Iraq and Afghanistan) – followed by proxy wars in countries like Syria, Libya, Iraq.

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It was a horrific day to be an American. Some of us were in high school, watching on television, wondering why school hadn’t been let out. The logic was that we don’t bend to the will of terrorism, rather, it bends to our will. Except if you look at the blood and treasure expended by the Bush Administration, it seems that the US very much does do as the terrorists want them to do.

The US National Archive recently released photographs of national leaders from the day. The one we center on is too interesting to ignore: Dick Cheney, leaned back in his chair, seemingly casual about what’s going on.

dick-cheney-leaned-back-on-9-11-2001

US National Archives

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In another, below, he’s at the beginning or end of a smile while President George W. Bush has a genuine look of distress on his face, perhaps on the precipice of tears.

dick-cheney-smiling-on-9-11-2001-president-bush-crying

US National Archives

According to Forbes, body language is everything. Leaning back is a sign of disinterest, whereas leaning in is a sign of keen interest.

Conspiracy theorists have long charged a few things about Dick Cheney, chief among them that he was the one calling the shots during George W. Bush’s presidency. In 2013, it was revealed that Dick Cheney had previously been dishonest about the events of 9/11.

If nothing else, the newly released photos will strengthen conspiracy theories and potentially create new ones. One thing is for certain: the way that Dick Cheney is reacting in these photos is diametrically opposed to the way that most Americans reacted. More from that period can be found here.

Featured image from Albert H. Teich / Shutterstock.com.

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5 stars on average, based on 2 rated postsP. H. Madore has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and has made technical contributions on a number of other cryptocurrency projects. In spare time, he recently began a more personalized, weekly newsletter at http://ico.phm.link




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22 Comments

22 Comments

  1. Ivo Oscar Faleiro

    July 25, 2015 at 2:29 pm

    “In all the possibilities this could have been an inside job to boost the American economy”.

  2. robinbarnhart

    July 25, 2015 at 2:44 pm

    I’m an expert in body language. I’m a retired Federal Officer that taught body language and mircro-facials for DHS. You have insufficient context for these photos and cannot base your responses on them without that. For example, Chaney has only one leg up. He could be relieving stress on his back or catering to many other health, pain issues. I do that.
    In the next photo, there is no way to tell if he is starting or finishing a smile. There is no sign of ‘happiness’ in his eyes. You don’t know what he was talking about or what his intents were. Be thoughtful before you start looking at photos and implying intent.

    • Rob Dc

      July 28, 2015 at 1:07 am

      I’ve always been interested in body language. Would love to pick your brains.

      • robinbarnhart

        July 28, 2015 at 2:31 am

        Pick away. 😉

        • Rob Dc

          July 28, 2015 at 3:00 am

          Okay, are there any legit good books to start with? I feel as though I have good intuition, but not quite sure.

          • robinbarnhart

            July 28, 2015 at 7:11 pm

            Yes, there are good ‘legit’ books. I think most anything by Dr. Paul Ekman is good. Many of the books you find today actually offer good information up to a point. Use common sense when you read books on body language and you will come away with a good basis for understanding.
            I could almost write a discertation on any of these questions/topics so consider that in my brief responses.There is no ‘one sign’ that someone is lying so when you read that anywhere, it’s incorrect. Your intuition is often one of the best markers for what is true because we often “see” things that we don’t know we’ve seen but we respond to them by “feeling” them. We respond to expressions that occur even when they are micro (can be a fraction of a second) and yes, these are legit. A micro expression always tells the real emotion that someone is feeling. You likely will not see them because they are so fleeting but will get a sense that something is there. Again, one of the issues with trying to diagnose these is that if someone actually sees an expression such as ‘disgust’ we may impose stronger or incorrect emotions to it. That’s where you ask questions. i.e. “How do you feel about that?”
            If you see something that doesn’t fit, ask more questions. You should eventually come up with what is really going on or be able to discern if there is deception going on. I truly worry about people getting a little bit on knowledge and assuming they are lie detectors. Don’t accuse based on anything you hear from me or read in a book.
            A macro expression is one that can be brief, 2-3 seconds, to indefinite and can be ‘placed’ on the face. They may or may not be genuine. We have all seen someone that has a smile placed on their face and/or have likely done it ourselves. Even then, it doesn’t mean that the person is lying. They may be happy, in a relaxed mood and trying to be polite in a social situation.
            For now, take most things as an opportunity to …. ask more questions.

          • robinbarnhart

            July 28, 2015 at 7:16 pm

            Yes, there are good ‘legit’ books. I think
            most anything by Dr. Paul Ekman is good. Many of the books you find today
            actually offer good information up to a point. Use common sense when you read
            books on body language and you will come away with a good basis for
            understanding.

            I could almost write a dissertation on any of these
            questions/topics so consider that in my brief responses. There is no ‘one sign’
            that someone is lying so when you read that anywhere, it’s incorrect. Your
            intuition is often one of the best markers for what is true because we often
            “see” things that we don’t know we’ve seen but we respond to them by
            “feeling” them. We respond to expressions that occur even when they
            are micro (can be a fraction of a second) and yes, these are legit. A micro
            expression always tells the real emotion that someone is feeling. You likely
            will not see them because they are so fleeting but will get a sense that
            something is there. Again, one of the issues with trying to diagnose these is
            that if someone actually sees an expression such as ‘disgust’ we may impose
            stronger or incorrect emotions to it. That’s where you ask questions. i.e.
            “How do you feel about that?”

            If you see something that doesn’t fit, ask more questions.
            You should eventually come up with what is really going on or be able to
            discern if there is deception going on. I truly worry about people getting a
            little bit on knowledge and assuming they are lie detectors. Don’t accuse based
            on anything you hear from me or read in a book.

            A macro expression is one that can be brief, 2-3 seconds, to
            indefinite and can be ‘placed’ on the face. They may or may not be genuine. We
            have all seen someone that has a smile placed on their face and/or have likely
            done it ourselves. Even then, it doesn’t mean that the person is lying. They
            may be happy, in a relaxed mood and trying to be polite in a social situation.

            For now, take most things as an opportunity to …. ask more
            questions.

          • robinbarnhart

            July 28, 2015 at 7:23 pm

            Yes, there are good ‘legit’ books. I think
            most anything by Dr. Paul Ekman is good. Many of the books you find today
            actually offer good information up to a point. Use common sense when you read
            books on body language and you will come away with a good basis for
            understanding.

            I could almost write a dissertation on any of these
            questions/topics so consider that in my brief responses.

            There is no ‘one sign’ that someone is lying so when you read that anywhere,
            it’s incorrect. Your intuition is often one of the best markers for what is
            true because we often “see” things that we don’t know we’ve seen but
            we respond to them because we “feel” them. That ‘gut feeling’ we get is
            often correct yet we often ignore it and that is the greater mistake. Ask
            questions. We respond to expressions that occur even when they are micro (a fraction of a second to a couple of seconds) and yes, these are legit.

            A micro expression always tells the true emotion that someone is feeling. You
            likely will not see them because they are so fleeting but you will get a sense (feel)
            that something is there. Again, one of the issues with trying to diagnose these
            is that if someone actually sees an expression such as ‘disgust’ we may impose
            stronger or incorrect emotions to it. That’s where you ask questions. i.e.
            “How do you feel about that?”

            If you see something that doesn’t fit, ask more questions.
            You should eventually come up with what is really going on or be able to
            discern if there is deception going on. I truly worry about people getting a
            little bit on knowledge and assuming they are lie detectors. Don’t accuse based
            on anything you hear from me or read in a book.

            A macro expression is one that can be brief, 2-3 seconds, to
            indefinite and can be ‘placed’ on the face. These expressions may or may not be
            genuine. We have all seen someone that has a smile placed on their face and/or
            have likely done it ourselves. Even then, it doesn’t mean that the person is
            lying. They may be happy, in a relaxed mood and trying to be polite in a social
            situation.

            For now, take most things as an opportunity to ask more
            questions.

          • robinbarnhart

            July 28, 2015 at 7:37 pm

            Yes, there are good ‘legit’ books. I think most anything by Dr. Paul Ekman is good. Many of the books you find today actually offer good information up to a point. Use common sense when you read books on body language and you will come away with a good basis for understanding.

            I could almost write a dissertation on any of these questions/topics so consider that in my brief responses.

            There is no ‘one sign’ that someone is lying so when you read that anywhere, it’s incorrect. Your intuition is often one of the best markers for what is true because we often “see” things that we don’t know we’ve seen but we respond to them because we “feel” them. That ‘gut feeling’ we get is often correct yet we often ignore it and that is the greater mistake. Ask questions. We respond to expressions that occur even when they are micro (a fraction of a second to a couple of seconds) and yes, these are legit.

            A micro expression always tells the true emotion that someone is feeling. You likely will not see them because they are so fleeting but you will get a sense (feel) that something is there.

            One of the issues with trying to diagnose these is that if someone actually sees an expression such as ‘disgust’ we may impose stronger or incorrect emotions to it. That’s where you ask questions. i.e. “How do you feel about that?”

            If you see something that doesn’t fit, ask more questions. You should eventually come up with what is really going on or be able to discern if there is deception going on. I truly worry about people getting a little bit of knowledge and assuming they are lie detectors. Don’t accuse based on anything you hear from me or read in a book.

            A macro expression is one that can be brief, 2-3 seconds, to indefinite and can be ‘placed’ on the face. These expressions may or may not be genuine. We have all seen someone that has a smile placed on their face and/or have likely done it ourselves. Even then, it doesn’t mean that the person is lying. They may be happy, in a relaxed mood and trying to be polite in a social situation.

            For now, take most things as an opportunity to ask more questions.

          • Rob Dc

            July 28, 2015 at 9:48 pm

            I believe I have a Dr. Paul Ekman book on my wish list. A good one I read was “The Gift of Fear” by Gavin DeBecker. He writes of the messengers of intuition in relation to self preservation. Great read. I imagine you’ve heard of him.

            I get the idea of using your sense of someone as to what questions to ask them. I can also see individuals using the information on body language, tells, etc. for more nefarious reasons. I understand the disclaimer. Human communication is something that fascinates me. Thank you for taking the time to respond. PM me your email if you feel inclined.

          • robinbarnhart

            July 29, 2015 at 4:19 am

            I’ve got to admit I don’t know how to pm you. I’ve tried replying to the email and it always sends me here.

          • Rob Dc

            July 29, 2015 at 2:54 pm

            Hmm, I’m not sure either? Oh well.

          • robinbarnhart

            July 29, 2015 at 4:53 pm

            Here is my ‘junk’ email address. arbie5788@gmail.com If you want to email me there I’ll actually look for it and reply with my regular email. Post here if you’ve emailed me.

  3. Dpw

    July 25, 2015 at 2:52 pm

    Agree with Robin. This is someone painting their own narrative – something that happens too much nowadays. I hope nobody takes random photos of you. They may be able to paint whatever picture of you they want to – unfairly.

  4. Ken xlast

    July 25, 2015 at 3:04 pm

    What an incredible load of crap.

  5. disqus_QZX8ENhLyb

    July 25, 2015 at 3:18 pm

    Robin has it right. No matter whether Cheney is a warmonger or not. The OBVIOUS agenda of PH Madore is impossible to swallow. Get a life, Madore, and harass BHObama where we really need it.

    Cheney is out of mind these days and nothing he has done can be righted.

    • P. H. Madore

      July 25, 2015 at 4:49 pm

      I am a combat infantry veteran. I refuse to agree that “nothing he has done can be righted.” Agenda? Yes, my agenda was to get my assignment done here.

      Nonetheless, I have no objection to this assignment. These images are getting massive press throughout Europe right now, and Europeans by and large seem to be surprised.

      If you’re looking for someone to confirm that everything our leaders did was in your best interest, go to USA Today.

      • disqus_QZX8ENhLyb

        July 25, 2015 at 5:13 pm

        Your warped mind interpreted my statements as wanting confirmation for Cheney. I neither said nor implied such. Your collectivist mindset apparently leads you to conjure-up things that no one else can see.

        I fought the battles of Chosin Reservoir in Korea before you were born, but that does not make me an expert of what Cheney is thinking or smiling about. Nor does your battle experience make you such an expert. Open your mind.

  6. btcusury

    July 27, 2015 at 12:22 pm

    I don’t understand…. is there someone who still believes that 9/11 wasn’t a false flag operation, and that Cheney had nothing to do with it?

    • Philosopher Rex

      July 29, 2015 at 7:33 am

      yes, these pics by themselves constitute next to nothing in comparison to other circumstantial bits that have been previously compiled. Just another straw on the camels back … but the camel was collapsed on the ground some time ago.

  7. johndinfidel

    July 27, 2015 at 10:58 pm

    Would you rather see a leader panic and make stupid decisions?!

    • Ermagerhd

      July 28, 2015 at 3:01 pm

      Like..invade a country that had NOTHING to do with 9/11?
      Because yeah, that was a stupid decision.

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Opinion

Yale Economist Robert Shiller Has Little Faith in Cryptocurrencies

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Yale economist Robert Shiller warns that for all their innovation, the new money that is cryptocurrencies is an experiment that in the end may fall short. According to Shiller in a blog post posted today, computer programmers are the only ones who get cryptocurrencies enough to explain them, which he suggests “creates an aura of exclusivity”, attaches a certain “glamour” to this “new money” and inspires the devout loyalty within blockchain circles.

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It’s déjà vu for Shiller, who has seen this all play out before in the history books, each time over the past 100-plus years ending in utter failure. This time it’s the rise of some 2,000 digital currencies and millions of believers who are not deterred by the smoke signals that regulators are sending up. Cryptocurrencies aside, money “is rich in mystique,” he says, and fueled by the faith that people and institutions place in it.

Shiller harkens back to the Cincinnati Time Store, which was a retail store in the 1800s founded by Josiah Warner and fueled by labor notes as well as “time money” surfaced shortly thereafter, which relied on time instead of precious metals. Neither of those experiments succeeded.

The revolution, he says, is nothing new, and the shine associated with reinventing money eventually grows dim.

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“The cryptocurrencies are a statement of faith in a new community of entrepreneurial cosmopolitans who hold themselves above national governments, which are viewed as the drivers of a long train of inequality and war.” – Shiller

Shiller taps into the emotional case for cryptocurrencies, suggesting that the allure of new money is shrouded in the mystery of “advanced science.” Perhaps.

But while payments are a key application of cryptocurrencies, they’re not the only use case. And blockchain and cryptocurrencies have a symbiotic relationship, one in which neither wouldn’t exist without the other. But not once in his epilogue does he mention blockchain, the very technology that sets cryptocurrencies apart from historical attempts at new money, or the $143 billion market cap achieved by bitcoin alone currently.

‘A Clever Idea’

Shiller is a Nobel prize winner for his theory on asset prices. His Twitter profile evokes Alan Greenspan’s Fed with a description as being “irrationally exuberant.” Shiller actually shines when he is predicting doom and gloom, having presciently called both the bursting of the dot-com bubble and the housing crisis.

As economists go, Shiller has been more open-minded about bitcoin than his peers, his prediction for a “total collapse” notwithstanding. Shiller once called bitcoin a “clever idea.”

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4.4 stars on average, based on 7 rated postsGerelyn has been covering ICOs and the cryptocurrency market since mid-2017. She's also reported on fintech more broadly in addition to asset management, having previously specialized in institutional investing. Full disclosure, she's invested in bitcoin.




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Opinion

How Monetary Goods Compare: Bitcoin, Gold and the U.S. Dollar

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One of the most common arguments against the value of cryptocurrencies, and monetary ones like bitcoin in particular, is how they compare to current assets. Gold and the U.S. dollar are the two counter-examples which get used the most, which is why it can be helpful to compare each of their attributes to figure out where each one shines.

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Monetary goods can be compared on a few different terms. Gold was the original “money,” but we presently use fiat currency, and are talking about the bitcoin as being the future of monetary assets.

Scarcity and Verifiability

The first thing that needs to be compared is whether they are scarce or not. In this regard, fiat currency is actually the least scarce. The last few decades have seen many politicians print more money to create short-term solutions, but this means the scarcity is almost non-existent.

Gold fares better, as there is a limited amount available at any time, but if there were any innovations in mining technology, the supply could increase immediately. Bitcoin is actually the most scarce (despite what detractors might say) because there will only ever be 21 million bitcoins and the schedule of their mining is relatively fixed.

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In terms of verifiability, bitcoin also beats both gold and fiat currency. Counterfeits of both exist, but there are no passable counterfeits for bitcoin. In terms of durability, gold triumphs over all since it is relatively robust, but fiat can be destroyed quite easily. Bitcoin falls in the middle, as it can be destroyed if the network is destroyed or the private keys are lost.

Portability

This plays in a bit with being scarce and verifiable, but is most of all about the ability to cross borders with the coin or send money all the way across the world. It is hard to argue that gold or fiat currency are easier to do either of these with.

The capital controls and government regulations present in the world make it very hard to send fiat currency to other countries. However, with cryptocurrency, you can just put the money on a USB drive and go anywhere.

Censorship Resistance

One of the key factors that makes bitcoin so powerful is its inability to be censored or controlled. The First Amendment is all about free speech and the right to say what you want, and there needs to be a corresponding right that applies to currencies. Being able to fund what you wish without gaining the permission of another entity is what makes the network so valuable.

The presence of gatekeepers in the fiat system is a lot of what has created such strong demand for a censorship resistant currency. Governments have outlawed certain uses of currency (e.g. illicit drugs or sex trafficking), which is clearly a good for the world. But at the same time, if one was trying to flee China, it would not be possible to do so while maintaining a hold on all their fiat currency. This is where the opportunity for bitcoin begins.

Understanding Monetization

Now that we’ve compared these goods on several different dimensions, we can see that bitcoin has merit compared to gold or USD in some respects. The only thing that it lacks is an established history, having been created in 2009. This is important because it enables the path from inception to widespread use. which is referred to as monetization. The process can take a long time, but there are a few things we can expect.

The prices will naturally continue to go up above the intrinsic value of the good, as a monetary premium is necessary. Monetary premiums are the difference between the market value and intrinsic value of a cryptocurrency. A dollar is worth far more than the paper it is printed on and the utility of a bar of gold is less than 10% of its current market value.

The increases in price are expected, since each monetary good must rise above its intrinsic value to a market derived value. Bubbles are a standard part of the monetization process, which is counter-intuitive to what we’ve heard so far. This can look like a bubble to doubters, but it is only a bubble if it pops. If it doesn’t it is just the market searching for an appropriate monetary premium for the cryptocurrency. In the end, there is no objectively correct monetary good in the world and network effects and evangelization are key.

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Opinion

The Principles of Money and How You Should Think of Bitcoin

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To really understand bitcoin and what it aims to do, you need to understand what money is. The two terms that get thrown around a lot in regards to whether bitcoin or any other digital currency is a good investment are “medium of transfer” and “store of value”. These are important components of monetary assets, but aren’t the end of the conversation.

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What Makes a Monetary Good

There are three main purposes you need to think of when you determine how useful a monetary good is: medium of exchange, store of value and unit of account.

Store of value means that users are comfortable storing their wealth in terms of that monetary good. This is generally a sign of stability and trust in the long-term value of the monetary good.

Next, you have medium of transfer, which is basically a “cash” use case. Everyone is willing to transfer value to each other by using the asset. They might not necessarily hold this for long, but it is widely used enough that you can trust in its usefulness.

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The less heard of quality for a currency to have is being a unit of account. This means that people value their goods in terms of that particular currency. If you were to ask someone how much something costs, chances are they would quote the value in terms of their local currency. That makes the local currency the unit of account.

Right now, bitcoin is not a unit of account because there is no set bitcoin price a good would be sold in. Instead, you have values quoted based on the current BTC/USD exchange rate, which is very different.

The Path of Monetary Evolution

It can take decades for a good to go through the full evolution of its use as a monetary good, and that use can change with shifts in the economy. For example, gold would have been used for all three purposes, but is now only used as a store of value. Similarly, PayPal captured the medium of transfer use case, but never developed a meaningful solution to become a unit of account or store of value.

So where is bitcoin now? Based on the way it is being traded, it is mostly a store of value. In the beginning, there were lots of situations where users would spend bitcoin on trivial objects, but now with the meme “HODL” and the number of rabid bitcoin supporters, it is mostly a long-term investment.

This is the standard path a new monetary good takes. Nobody would want to use it as a medium of transfer because the value is fluctuating so much that it is infeasible for daily use. Until the equilibrium amount of demand for the good comes online and the price somewhat stabilizes, it is unlikely to become a medium of transfer. The same applies to unit of account, as mentioned above.

No Defined Outcome

A common gripe against bitcoin is that it is not a useful currency because it does not fulfill the store of value condition, but this ignores the shortcomings of fiat currency. Nobody holds more than a small proportion of their net worth in fiat, because it is not a good store of value. Inflation is constantly eroding the value of the currency and that is its core weakness.

Additionally, when you look at unstable countries, such as Argentina, there are multiple monetary assets in use. They use the Argentinian peso as a medium of transfer, but opt for the US dollar as a store of value.

So there is no defined outcome for bitcoin’s evolution. It doesn’t have to fulfill all the use cases for it to be useful, it just has to be better than our current options for a use case.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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