Archive for the 'Elite' Category
Robert Reich to New College Graduates: ‘You’re F*cked’
May 20th, 2012I’ve excerpted what I think are the key sentences. Via: Robert Reich: So much of what was once considered “knowledge work” – the kind that college graduates specialize in – can now be done more cheaply by software. Or by workers with college degrees in India or East Asia, linked up by Internet. Related: The […]
Facebook IPO
May 19th, 2012Warning: This is not a recommendation to buy, sell or hold any financial instrument. Some emails have been coming in about the Facebook IPO. I don’t ever trade IPOs. As a 100% technical trader, there’s nothing to go on with an IPO. The values associated with the IPO are arbitrary and there is often VERY […]
Spain’s Intelligence Services Investigating Role of British and American Media in Fomenting Financial Turmoil
May 18th, 2012Via: Guardian: It is the only economy in Western Europe still in recession: property prices are crashing, unemployment has risen to more than 4 million, and some are already muttering that it could end up with a financial crisis worse than Greece’s. But at least Spain now has someone to blame: the country’s intelligence services […]
Surveillance State Wenlock
May 18th, 2012Via: Forbes: London decided to make its surveillance yen a dominant feature of its otherwise goofy mascots. “Wenlock” and “Mandeville” both have a huge single eye made out of a camera lens so that they can “record everything.” Image at right is from the official London Olympics website. In case that’s too subtle for you, […]
And Now: Ex-Patriot Act
May 17th, 2012Wow. The full text of this should be interesting. What’s next? Punishing the family members of people who flee? Via: ABC News: Sen. Chuck Schumer, D-N.Y., has a status update for Facebook co-founder Eduardo Saverin: Stop attempting to dodge your taxes by renouncing your U.S. citizenship or never come to back to the U.S. again. […]
The Inequality Speech That TED Won’t Show You
May 17th, 2012I’ll never be for anything that hands more money to the state, but I do like the idea of a maximum compensation ratio applying to all employees of corporations. This is an old comment of mine on the subject: One of my impossible to implement ideas would be to have a maximum total compensation ratio […]
Will Smith’s Son Talks Aliens at The White House
May 17th, 2012The BBC clip is below: Via: Silver Screen Saucers: Men in Black 3 star Will Smith today told BBC Radio 1 host Chris Moyles that his 13-year-old son Jayden (himself a Hollywood star) put President Obama on the spot recently during a private tour of the White House. The subject of Jayden’s enquiry – aliens! […]
Italian Court Rules MMR Vaccine Did Trigger Autism
May 17th, 2012Via: NYR Natural News: An Italian court has ruled there is a link between the MMR vaccine and autism. In what may be a ground-breaking decision, the Italian Court of Rimini has ruled that causation between an MMR vaccine and the resulting autism in a young child “has been established.” The unnamed child received the […]
High-Fructose Corn Syrup Can Make You Dumb, U.S. Scientists Warn
May 16th, 2012Via: AFP: Eating too much sugar can eat away at your brainpower, according to US scientists who published a study Tuesday showing how a steady diet of high-fructose corn syrup sapped lab rats’ memories. Researchers at the University of California Los Angeles (UCLA) fed two groups of rats a solution containing high-fructose corn syrup — […]
Accidentally Released Documents Show How Goldman et al Engaged in ‘Naked Short Selling’
May 16th, 2012Via: Rolling Stone: It doesn’t happen often, but sometimes God smiles on us. Last week, he smiled on investigative reporters everywhere, when the lawyers for Goldman, Sachs slipped on one whopper of a legal banana peel, inadvertently delivering some of the bank’s darker secrets into the hands of the public. The lawyers for Goldman and […]
