Archive for the 'Elite' Category
As Egyptians Return to Tahrir Square, the Obama Administration Sides with the Military
November 21st, 2011Via: Salon: In the nine months since Hosni Mubarak stepped aside, the Egyptian military has monopolized political decision-making. The SCAF has broken its promise to lift or modify the Emergency Laws, which have been in place since 1981 and give the state sweeping powers to detain citizens and restrict free speech, even though repeal of […]
Britain ‘Will Join Euro Before Long’, Says German Finance Minister
November 19th, 2011Via: Telegraph: Wolfgang Schäuble said that, despite the current crisis in the eurozone, the euro will ultimately emerge as the common currency of the entire European Union. He said he “respects” Britain’s decision to keep the pound, but insisted that the survival and eventual stabilisation of the euro will convince non-members to join the currency […]
For Americans, 80 Is the New 65 When It Comes to Retirement
November 17th, 2011Oh sure. Via: Reuters: When it comes to retirement, many middle class Americans said 80 is the new 65 and plan to delay retirement because of worries over money, according to a new survey. Wells Fargo bank asked 1,500 Americans who earned between $25,000 and $99,999 and ranged in age from 20 into their 70s […]
Fed Now Largest Owner of U.S. Government Debt—Surpassing China
November 17th, 2011Via: CNSNews: At the close of business on Tuesday, the debt of the federal government exceeded $15 trillion for the first time–with the largest single owner of the publicly held portion of that debt being the Federal Reserve. Over the past year, as the Federal Reserve massively increased its holdings of U.S. Treasury securities and […]
Farmland Has Biggest 1-Year Value Jump Since 1980
November 17th, 2011Via: Denver Post: The average value of farmland in several Midwestern and Western states grew 25 percent over the past year in the biggest one-year jump in at least three decades. The increase reported Tuesday by the Federal Reserve Bank of Kansas City, Mo., reflects current low interest rates and a healthy farm economy. But […]
Australia Agrees to U.S. Marine Deployment Plan
November 16th, 2011Via: BBC: Australia has agreed to host a full US Marine task force in the coming years, Prime Minister Julia Gillard has announced at a news conference with US President Barack Obama in Canberra. She said about 250 US Marines would arrive next year, eventually being built up to 2,500 personnel. The deployment is being […]
Fannie, Freddie Execs Score $100 Million Payday
November 16th, 2011Via: CNN: Mortgage finance giants Fannie Mae and Freddie Mac received the biggest federal bailout of the financial crisis. And nearly $100 million of those tax dollars went to lucrative pay packages for top executives, filings show. The top five executives at Fannie Mae received $33.3 million in 2009 and 2010, while the top five […]
Gerald Celente Got Screwed Out of Gold Futures Positions with MF Global Wreck
November 16th, 2011Celente was just trying to buy the underlying metal via the futures and *poof* positions closed, money gone. Pookie sent this one from, Jesse’s Café Américain: Here is a white paper that suggests that JP Morgan and Bank of America are trying to subordinate the customers’ claims to their stolen funds and keep them in […]
Chairman of the European Branch of the Trilateral Commission and Bilderberg Member Becomes Leader of Italy
November 14th, 2011Via: Reuters: Mario Monti, the economist who will head an emergency Italian government following the departure of Silvio Berlusconi, brings credentials earned in a decade of battles as a European Commissioner from the 1990s. … He is chairman of the European branch of the Trilateral Commission, a body that brings together the power elites of […]
$433-Million Bogus Smallpox Drug Deal for Large Democratic Party Contributor
November 13th, 2011Via: Los Angeles Times: Over the last year, the Obama administration has aggressively pushed a $433-million plan to buy an experimental smallpox drug, despite uncertainty over whether it is needed or will work. Senior officials have taken unusual steps to secure the contract for New York-based Siga Technologies Inc., whose controlling shareholder is billionaire Ronald […]
