Archive for the 'Elite' Category
Mexico’s New President Set to Empower a ‘Devil’s Cartel’
November 11th, 2012Via: Narcosphere: Baruch Vega, a long-time CIA operative, has raised a red flag over the incoming president of Mexico’s decision to employ the former head of the Colombian National Police, Gen. Oscar Naranjo, as his security advisor in the war on drugs. “I do not think Naranjo will be running a war against drugs,” Vega […]
The Distribution of Economic Pain From the Financial Crisis in One Chart
November 11th, 2012Via: Jesse’s Café Américain: No wonder the wealthiest ten percent feel so clever, and even perhaps triumphant. The collapse caused by the widespread banking fraud has barely affected them, whereas it wiped out most of the last ten years of growth in the middle class and the poor. Research Credit: pookie
Mexican Hitman Claims Cartels Bought Guns from U.S. Border Patrol
November 11th, 2012Via: Wired: The testimony of a Mexican hitman turned US government witness has revealed some astonishing details of life inside Mexico’s criminal underworld. Most astonishing of all: claims that cartel assassins obtained guns from the US Border Patrol. According to Mexican magazine Revista Contralinea, the testimony comes from a protected government witness and former hitman, […]
‘Next Bush’ Makes Campaign Filing in Texas
November 9th, 2012Via: AP: George P. Bush, a nephew of former President George W. Bush and son of one-time Florida Gov. Jeb Bush, has made a campaign filing in Texas that is required of candidates planning to run for state office, an official said Thursday night. The younger Bush, a Fort Worth resident, filed a campaign treasurer […]
Foxconn Sees New Source Of Cheap Labor: The United States
November 9th, 2012Since MIT did it with Open Courseware years ago, I suspected that the point of the “free education” offerings was to create a pool of relatively skilled workers in some of the poorest countries in the world. You know, places with open sewers where people sleep on dirt floors… and where lots of these people […]
Open Thread: U.S. Presidential Election
November 7th, 2012Choose wisely. 😉 Related: Election 2012: How The Winner Will Destroy America
HSBC Could Be Facing More than $1.5 Billion in Money Laundering Fines
November 5th, 2012Via: Reuters: A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe’s biggest bank said on Monday. HSBC said the U.S. investigation had damaged the bank’s reputation and forced it to set aside a further $800 million to cover a […]
‘Synthetic Biology Is Closer Than You Think’
November 5th, 2012Via: Bloomberg: George Church—he of the beard, tall man’s lope and overwhelming credentials—has hit the circuit to promote a new book: Regenesis: How Synthetic Biology Will Reinvent Nature and Ourselves. … Church figures it’s only a matter of time and proven safety before people start picking out traits for their offspring and cloning entire children. […]
And Now… China Is Building A Huge Eco-City
November 3rd, 2012Will there be room for the Chinese elite’s secret organic gardens? Via: Business Insider: Outside Chengdu, in central China, a 78 million square foot site has been determined for an unconventional sort of construction project. It will be a city built from scratch, for 80,000 people, none of whom will need a car to get […]
Panic to Sell Businesses Before Tax Increase
November 2nd, 2012Via: Wall Street Journal: A looming increase in the capital-gains tax rate next year is fueling sales of some privately-held businesses. Many business owners—mostly founders who could gain a lot from a sale—are looking to close deals before next year, when the maximum tax on investment income is scheduled to rise from 15% currently to […]
