Archive for the 'Elite' Category
Tepco Admits Fukushima Disaster Released 2.5 Times More Radiation Than Indicated by Initial Government Lies
May 29th, 2012Imagine my shock. But if they’re admitting this, what is the real number? Via: Reuters: The radiation released in the first days of the Fukushima nuclear disaster was almost 2-1/2 times the amount first estimated by Japanese safety regulators, the operator of the crippled plant said in a report released on Thursday. Tokyo Electric Power […]
Naoto Kan, Japan’s Former Leader, Condemns Nuclear Power
May 29th, 2012Via: New York Times: In an unusually stark warning, Japan’s prime minister during last year’s nuclear crisis told a parliamentary inquiry on Monday that the country should discard nuclear power as too dangerous, saying the Fukushima accident had pushed Japan to the brink of “national collapse.” … He said he feared additional meltdowns could “release […]
BBC News Uses Photo from Iraq to Illustrate Syrian Massacre
May 29th, 2012Via: Telegraph: The BBC is facing criticism after it accidentally used a picture taken in Iraq in 2003 to illustrate the senseless massacre of children in Syria. Photographer Marco di Lauro said he nearly “fell off his chair” when he saw the image being used, and said he was “astonished” at the failure of the […]
Lloyd’s of London Preparing for Euro Collapse
May 27th, 2012Via: Telegraph: The chief executive of the multi-billion pound Lloyd’s of London has publicly admitted that the world’s leading insurance market is prepared for a collapse in the single currency and has reduced its exposure “as much as possible” to the crisis-ridden continent.
U.S. National Security Budget in Fiscal 2013 Will Be Nearly $1 Trillion
May 27th, 2012Via: Asia Times: In fact, with projected cuts added in, the national security budget in fiscal 2013 will be nearly $1 trillion – a staggering enough sum that it’s worth taking a walk through the maze of the national security budget to see just where that money’s lodged. If you’ve heard a number for how […]
Pope’s Butler Leaked Vatican Documents
May 26th, 2012Via: Reuters: Paolo Gabriele was always a reserved, almost shy man, as his position required. He had access to the most private rooms in the Vatican’s Apostolic Palace – Pope Benedict’s apartment. But what could have prompted the pope’s butler, who was formally charged by Vatican magistrates on Saturday with illegal possession of secret documents, […]
Former J.P. Morgan Lobbyist Manages Banking Committee Expected To Investigate J.P. Morgan’s Trading Loss
May 24th, 2012Via: Republic Report: The Senate Banking Committee is responding to outrage over the news that J.P. Morgan lost some $3 billion in customer money because of a risky trading strategy. The committee is preparing for two hearings with regulators, and Senator Tim Johnson (D-SD), chair of the committee, is hoping that Jamie Dimon will testify […]
Facebook Banks Said to Make $100 Million on ‘Stabilizing’ Stock
May 24th, 2012*chortle* Here’s one for your Invisible-Hand-with-Corporate-Logos file folder. Via: Bloomberg: Facebook Inc. (FB)’s underwriters for its initial public offering made gains of about $100 million through their work to stabilize the shares in public trading, said a person familiar with the matter. Related: Facebook IPO
And Now… Software Will Allow a Single Professor to Deliver, ‘Meaningful Education to Hundreds of Thousands of Students at Once’
May 23rd, 2012In ten or twenty years, I wouldn’t be surprised to see the majority of paid work in companies, that is, work that isn’t done by machines, being done by these “certificate” holders. They’ll live in ever expanding slums, autonomously policed by RoboCops and drones. They’ll have fast Internet and there will be Superbowl commercials about […]
‘The Pentagon has a manual. Basically, it will only provide full cooperation to propaganda pieces.’
May 23rd, 2012Via: Vice: …the past few years have seen an explosion of high-profile cooperation between the armed forces and the movie industry. If the most powerful armed force in history isn’t winning in reality, it certainly is on the big screen. And like so many problematic aspects of late capitalism, the military-Hollywood complex has a grimly […]
