Archive for the 'Elite' Category
Kill Hollywood
January 21st, 2012Via: Y Combinator: Hollywood appears to have peaked. If it were an ordinary industry (film cameras, say, or typewriters), it could look forward to a couple decades of peaceful decline. But this is not an ordinary industry. The people who run it are so mean and so politically connected that they could do a lot […]
Federal Prosecutor to Take 5th Amendment in Fast and Furious Probe
January 20th, 2012Via: Politico: A senior federal prosecutor in Arizona intends to invoke his Fifth Amendment rights rather than testify before a House committee next week looking into the Justice Department’s handling of the Fast and Furious gunrunning investigation, the prosecutor’s attorney told Congress in a letter on Thursday. On Wednesday, House Government Reform and Oversight Committee […]
Edible Microchips to Monitor Drug Taking Habits
January 20th, 2012I wonder if people will tell Siri to remind them to take their digestible sensors? Via: Independent: An edible microchip that records the precise details of a patient’s pill regime will be available in Britain by the end of year following a commercial deal that opens the door to an era of digital medicines. An […]
U.S. Government’s Takedown of Megaupload ‘Sets a Terrifying Precedent’
January 20th, 2012Of course, the sycophantic New Zealand government went along with Uncle’s whims. Via: AP: One of the world’s most popular file-sharing sites was shut down Thursday, and its founder and several company officials were accused of facilitating millions of illegal downloads of films, music and other content. A federal indictment accused Megaupload.com of costing copyright […]
IMF Seeks to Raise Lending Power by Up to $500 Billion Amid Europe Crisis
January 19th, 2012Via: Bloomberg: The International Monetary Fund is proposing to raise its lending capacity by as much as $500 billion to insulate the global economy against any worsening of Europe’s debt crisis. The Washington-based lender is aiming to increase its resources after identifying a potential need for $1 trillion in financing in coming years, an IMF […]
7 Charged In $78 Million Inside Trading Case
January 19th, 2012The point is that LOTS of people who aren’t corporate insiders know the news before the market does. —Insider Crimes, Funny Money and Options Rackets Via: AP: Greed on Wall Street set a new record, federal authorities said Wednesday as they unveiled a massive insider trading case charging a hedge fund co-founder with engineering a […]
NZ Asset Sales Policy Began On Wall Street
January 18th, 2012Both National and Labour are clear and present dangers to New Zealand. National’s goal is sell our country’s assets to Australia and China. Labour’s goal is get us saddled with debt to those country’s banks. In other words, the ultimate goal of both of the main parties is to sell us out, to make us […]
Mr. Daisey and the Apple Factory
January 16th, 2012Update: Apple’s Chinese iPhone Plants Employ Forced Interns, Claim Campaigners Via: Guardian: Apple’s factories in China are employing tens of thousands of students, some of them on forced internships, according to campaigners lobbying for better labour conditions at Foxconn plants, which assemble iPhones. Some students could be as young as 16. The Foxconn chairman, Terry […]
UN Soldiers Brought Superbug Strain of Cholera to Western Hemisphere
January 15th, 2012Via: ABC News: Compelling new scientific evidence suggests United Nations peacekeepers have carried a virulent strain of cholera — a super bug — into the Western Hemisphere for the first time. The vicious form of cholera has already killed 7,000 people in Haiti, where it surfaced in a remote village in October 2010. Leading researchers […]
Russia Says NATO, Persian Gulf Nations Plan to Seek No-Fly Zone for Syria
January 15th, 2012Via: Bloomberg: Russia received information that members of the North Atlantic Treaty Organization and some Persian Gulf countries are preparing military intervention in Syria, the head of the Russian Security Council said. Turkey, a NATO member, may play a key role, Nikolai Patrushev, who used to head the country’s intelligence agency, the Federal Security Service, […]
