Archive for the 'Elite' Category
Bernankecare
November 19th, 2013Via: Bloomberg: The Federal Reserve’s near-zero interest rate turns five years old next month, the longest period without an increase in history. Coupled with more than $3 trillion of asset purchases, it adds up to “Bernankecare,” said Joshua Brown, chief executive officer of Ritholtz Wealth Management in New York. And it’s causing parts of the […]
Bloomberg News Suspends Reporter Whose Article on China Was Not Published
November 18th, 2013Via: New York Times: A reporter for Bloomberg News who worked on an unpublished article about China, which employees for the company said had been killed for political reasons by top Bloomberg editors, was suspended last week by managers. The reporter, Michael Forsythe, was based in Hong Kong and has written award-winning investigative articles on […]
The Wall Street Code
November 16th, 2013Via: Backlight: Research Credit: JF
Timothy Geithner Heads to Private Equity Firm Warburg Pincus
November 16th, 2013Via: Politico: Former Treasury Secretary Timothy Geithner, a trusted lieutenant to President Barack Obama who played a leading role in the government’s response to the financial crisis, will join private-equity firm Warburg Pincus LLC in March. On Saturday, the firm, which is headquartered in New York, announced Geithner will hold the titles of president and […]
Secret Trans-Pacific Partnership Agreement
November 13th, 2013Via: WikiLeaks: Today, 13 November 2013, WikiLeaks released the secret negotiated draft text for the entire TPP (Trans-Pacific Partnership) Intellectual Property Rights Chapter. The TPP is the largest-ever economic treaty, encompassing nations representing more than 40 per cent of the world’s GDP. The WikiLeaks release of the text comes ahead of the decisive TPP Chief […]
Slow and Steady Progress Toward Lethal Autonomous Robots
October 31st, 2013This piece is a good summary of what’s happening in the field of military robotics. I’m pretty sure that all of the systems here have been covered separately on Cryptogon. Via: Vocativ: There are important differences between drones, landmines, and “killer robots” — the more serious term being “fully autonomous weapon,” or “lethal autonomous weapon” […]
Savile’s Convicted Pedophile BBC Driver Found Dead on Day of Trial for Sex Crimes
October 29th, 2013Via: Daily Mail: A former BBC driver found dead in an apparent suicide ahead of his child sex abuse trial has ‘cheated’ his victim of justice, a leading lawyer has today said. The body of David Smith, 67, chauffeur to disgraced DJ Jimmy Savile and other celebrities during the 1980s, was found at his south-east […]
Another Google Barge Spotted on East Coast
October 29th, 2013If there was a list of Cryptogon axioms, #1 would probably be: No collapse due to energy scarcity. I’ve gone into why for many years, so feel free to look through the archives. Terawatts of untapped energy are just swirling around out there in the oceans, waiting to turn the gears of fascism. It was […]
Shocker: Doctors Motivated by Profit Treat Patients as ATMs
October 29th, 2013Via: Mish: US Healthcare System Explained in Six Succinct Points 1. A constant battle is underway between insurance companies that do not want to pay any claims, even legitimate ones, and doctors and hospitals incentivised to rip off patients, insurers, and taxpayers with unnecessary surgeries and Medicare fraud. 2. Insurance companies demand massive amounts of […]
China: ‘Unprecedented’ Policy Changes Ahead
October 28th, 2013Via: Bloomberg: Chinese Politburo member Yu Zhengsheng said reforms to be discussed at a Communist Party meeting next month will be unprecedented, adding to signs that leaders are resolved to spur far-reaching policy changes. Yu’s comments, made in a speech at a forum to promote relations with Taiwan, were reported by the official Xinhua News […]
