Archive for the 'Elite' Category
Bank of England Governor: World Facing Worst Financial Crisis in History
October 7th, 2011So, the green shoots are off then? Via: Telegraph: The world is facing the worst financial crisis since at least the 1930s “if not ever”, the Governor of the Bank of England said last night. Sir Mervyn King was speaking after the decision by the Bank’s Monetary Policy Committee to put £75billion of newly created […]
IMF Advisor: Could See Eurozone ‘Meltdown’ in 2 Or 3 Weeks
October 7th, 2011“The US investment banks and the rating agencies are now attacking these French banks. They know where the bodies are buried, and they are using the weapons they sold them to attack them… This is part of a new era on Wall Street – they go after sovereign debt. Wall Street and rating agencies are […]
UBS Systems Detected £1.3bn Rogue Trader; Warnings Were Ignored
October 6th, 2011Via: ComputerWorldUK: UBS has insisted its IT systems did detect unusual and unauthorised trading activity, before rogue trader Kweku Adoboli ran up a $2 billion (£1.3 billion) loss on the bank’s derivatives desk. Interim chief executive Sergio Ermotti, who is running the company following Oswald Grubel’s resignation last month, sent a memo to employees saying […]
Mario Cal: The Mysterious Suicide That Has Rocked The Vatican
October 6th, 2011Via: Independent: On a Monday morning in July, a gunshot rang out in the administration section of Milan’s San Raffaele hospital. Seconds later, a frightened secretary entered the office of the institution’s vice-president, Mario Cal, and found him lying in a pool of blood. Mr Cal clung briefly to life, but the Smith and Wesson […]
Against the Institution: A Warning for ‘Occupy Wall Street’
October 6th, 2011Via: Andrew Gavin Marshall: While I fully endorse the efforts and actions of the Occupy Wall Street protests, now emerging internationally, there are concerns which need to be addressed and kept in mind as the movement moves forward. The process through which a potentially powerful movement may be co-opted and controlled is slight and subtle. […]
Flashback: Citigroup Plutonomy Memos
October 6th, 2011I was pretty sure that I’d posted these long ago, but I’m not finding them in my archives. In short: The rich are getting richer, so Citi advised buying a basket of stocks of companies that cater to very wealthy people. Via: Monkeyfister: …the rich are the dominant source of income, wealth and demand in […]
Introducing Siri: DARPA’s Ghost in Apple’s Machine
October 5th, 2011So their eyes are growing hazy cos they want to turn it on so their minds are soft and lazy, well… give em what they want —10,000 Maniacs – Candy Everybody Wants One of the stocks that I used to kick around in the 1990s was that of a now long dead company called General […]
Most Popular Contraceptive Used in Parts of Africa May Double Risk of Contracting HIV
October 4th, 2011Instead of cheap, effective, ubiquitous neem oil being promoted by alleged humanitarian organizations for birth control, dangerous and expensive pharmaceutical products are used that also happen to double the risk of women being infected with HIV. That’s an absolutely fascinating coincidence. Via: New York Times: The most popular contraceptive for women in eastern and southern […]
Putin Wants to Build ‘Eurasian Union’
October 4th, 2011Via: Reuters: Russia’s Prime Minister Vladimir Putin said he wants to bring ex-Soviet states into a “Eurasian Union” in an article which outlined his first foreign policy initiative as he prepares to return to the Kremlin as the country’s next president. Putin said the new union would build on an existing Customs Union with Belarus […]
Koch Industries: A Global Menace
October 3rd, 2011Just another day at the office. Via: Business Insider: A just-published bombshell article in the November issue of Bloomberg Markets magazine implicates Koch Industries, the company controlled by Republican mega-donors Charles and David Koch, in dozens of criminal acts around the globe over the past three decades. According the report, company officials have been caught […]
