Archive for the 'Elite' Category
Senate Confirms Yellen as Fed Chair
January 7th, 2014Oh yeah, the swelling ranks of homeless people will be riding the wave of Recovery any minute. Via: CNN: The Senate confirmed Janet Yellen as the next Federal Reserve chairman Monday, ensuring that the central bank’s pro-growth policies since the Great Recession will likely continue.
The Business of War: SOFEX
January 4th, 2014Via: VICE:
IMF Paper Warns of ‘Savings Tax’ and Mass Write-Offs as West’s Debt Hits 200-Year High
January 3rd, 2014Via: Telegraph: Much of the Western world will require defaults, a savings tax and higher inflation to clear the way for recovery as debt levels reach a 200-year high, according to a new report by the International Monetary Fund. The IMF working paper said debt burdens in developed nations have become extreme by any historical […]
Billionaires Dumping Stocks
January 3rd, 2014Via: Money News: Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing […]
Japan’s Homeless Recruited for Murky Fukushima Clean-Up
December 30th, 2013Via: Reuters: Seiji Sasa hits the train station in this northern Japanese city before dawn most mornings to prowl for homeless men. He isn’t a social worker. He’s a recruiter. The men in Sendai Station are potential laborers that Sasa can dispatch to contractors in Japan’s nuclear disaster zone for a bounty of $100 a […]
“The bodies of the poor, when they are not captive, are worth little to corporations. But bodies behind bars can each generate $40,000 to $50,000 a year for corporate coffers.”
December 27th, 2013Via: Truthdig: Shares in the Philadelphia-based Aramark Holdings Corp., which contracts through Aramark Correctional Services to provide the food to 600 correctional institutions across the United States, went public Thursday. The corporation, acquired in 2007 for $8.3 billion by investors that included Goldman Sachs, raised $725 million last week from the sale of the stock. […]
‘We Are Creating Walmarts of Higher Education’
December 27th, 2013Via: The Atlantic: Universities in South Dakota, Nebraska, and other states have cut the number of credits students need to graduate. A proposal in Florida would let online courses forgo the usual higher-education accreditation process. A California legislator introduced a measure that would have substituted online courses for some of the brick-and-mortar kind at public […]
$19M AIDS Vaccine Fraud
December 26th, 2013The remarkable thing here is that he was busted. Via: Medical Daily: Iowa State University researcher, Dr. Dong-Pyou Han, resigned after news broke of an investigation into the validity of his AIDS research. Han is believed to have tampered with research results for a possible AIDS vaccine. “At Iowa State’s request, the research samples in […]
Outrageous HSBC Settlement Proves the Drug War is a Joke
December 23rd, 2013Via: Rolling Stone: If you’ve ever been arrested on a drug charge, if you’ve ever spent even a day in jail for having a stem of marijuana in your pocket or “drug paraphernalia” in your gym bag, Assistant Attorney General and longtime Bill Clinton pal Lanny Breuer has a message for you: Bite me. Breuer […]
A Solar Boom So Successful, It’s Been Halted
December 21st, 2013Greed and incompetence at power companies are running up against the unstoppable force of distributed power generation. Not long to go now. Germans laugh at this, by the way. Flashback 2011: Residential Energy Storage with Underground Flywheels — Update 2013: Velkess: New Residential Scale Flywheel Design Via: Scientific American: William Walker and his wife, Mi […]
