Archive for the 'Elite' Category
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 […]
More Facebook IPO Antics
May 23rd, 2012“There is often VERY strong voodoo at work…” —Facebook IPO I don’t want to bore people with too many posts about this, but the stories are getting pretty interesting for being only a few days out from the IPO. Here’s The Inside Story Of What Happened On The Facebook IPO: The analysts cut their estimates […]
Priest Claims Missing Teenage Girl Had Been Kidnapped ‘For Sex Parties by a Gang Involving Vatican Police and Foreign Diplomats’
May 22nd, 2012Via: Telegraph: A teenage girl whose disappearance in Rome has remained a mystery for 30 years was kidnapped for sex parties by a gang involving Vatican police and foreign diplomats, the Roman Catholic Church’s leading exorcist has claimed. Father Gabriele Amorth, who was appointed by the late John Paul II as the Vatican’s chief exorcist […]
Secret, Emergency European Central Bank Aid Props Up Greek Banks
May 22nd, 2012Via: Financial Times: There has been no official announcement. No terms or conditions have been disclosed. But Greece’s banking system is being propped up by an estimated €100 billion or so of emergency liquidity provided by the country’s central bank — approved secretly by the European Central Bank in Frankfurt. If Greece were to leave […]
U.S. Lets China Bypass Wall Street Primary Dealers for Treasury Orders
May 22nd, 2012This is very interesting. Via: Reuters: China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury’s first-ever direct relationship with a foreign government, according to documents viewed by Reuters. The relationship means the People’s Bank of China buys U.S. debt using a […]
SpaceX Rocket Blasts Off for Space Station
May 22nd, 2012Via: AP: A commercial rocket blasted off early Tuesday with a load of supplies for the International Space Station, opening a new era of dollar-driven spaceflight. The SpaceX company made history as its Falcon 9 rocket rose from its seaside launch pad and pierced the pre-dawn sky, aiming for a rendezvous later this week with […]
Harvard Medical School Facing Trial Over Massive Alzheimer’s Disease Research Fraud
May 21st, 2012Via: Alliance for Human Research Protection: The US Court of Appeals, 1st Circuit overturned a summary judgement by a lower court ordering a whistleblower lawsuit filed by Dr. Kenneth Jones against Harvard Medical School, its teaching hospitals, Brigham and Women’s and Massachusetts General Hospital, and Dr. Marilyn Albert (Principal Investigator) and Dr. Ronald Killiany to […]
The Future of Sustainable Agriculture at Disney EPCOT: GMO and Styrofoam
May 21st, 2012Sponsors of “Living With The Land” at Disney EPCOT: Kraft: The Sierra Club has launched a campaign against genetically engineered foods. We’re targeting Kraft Foods, which is the largest packaged food producer in America. We’re asking Kraft to remove all genetically engineered products from their foods. This includes not using milk from rBGH-treated cows (the […]
