Archive for the 'Elite' Category
Tentative Debt Deal Might Happen; $2.4 Trillion Debt Ceiling Increase Supposedly Tied to $2.4 Trillion in Cuts
July 31st, 2011Deal Almost Complete; No Vote Today Forex is underway. So far, it mostly just looks like the usual noise. NZD/USD broke higher again, however, and hit a new record high of .8842 intraday. Gold is selling off a bit, down 1% right now. Major Asian equity markets are all green; Nikkei up 1.65%. I’ll be […]
Goldman Sachs Manipulating Aluminum Prices with Warehouse Scam
July 31st, 2011If the left hand isn’t sharing information with the right hand, with hundreds of millions of dollars in potential trading profits hanging in the balance, I’m Santa Claus. —Usual Suspects Now Heavily Involved with Commodity Warehousing Via: Reuters: In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable […]
Turkey’s Military Chiefs Quit
July 29th, 2011Via: Reuters: Turkey said on Friday its top four military chiefs were all seeking retirement, in what appeared to reflect a deep rift between the secularist military and a government with roots in political Islam. State-run Anatolian news agency said head of the armed forces General Isik Kosaner and the heads of the ground, naval […]
46% of Voters Think Most in Congress Are Corrupt
July 27th, 2011This isn’t maintaining appearances. Via: Rasmussen: Voters are more convinced than ever that most congressmen are crooks. A new Rasmussen Reports national telephone survey finds that 46% of Likely U.S. Voters now view most members of Congress as corrupt. That’s up seven points from June and the highest finding yet recorded. Just 29% think most […]
GE Healthcare Moves Headquarters of X-Ray Business from Wisconsin to Beijing
July 27th, 2011Via: Bloomberg: General Electric Co. (GE)’s health-care unit, the world’s biggest maker of medical-imaging machines, is moving the headquarters of its 115-year-old X-ray business to Beijing to tap growth in China. “A handful” of top managers will move to the Chinese capital and there won’t be any job cuts, Anne LeGrand, vice president and general […]
Friends Don’t Let Friends Become Chinese Billionaires
July 26th, 2011Via: Forbes: I’m no statistics whiz, but it seems to me that a Chinese billionaire dies every 40 days. China Daily reported Friday that unnatural deaths have taken the lives of 72 mainland billionaires over the past eight years. (Do the math.) Which means that if you’re one of China’s 115 current billionaires, as listed […]
Hungary Destroys All Monsanto GMO Maize Fields
July 26th, 2011Via: IB Times: In an effort to rid the country of Monsanto’s GMO products, Hungary has stepped up the pace. This looks like its going to be another slap in the face for Monsanto. A new regulation was introduced this March which stipulates that seeds are supposed to be checked for GMO before they are […]
U.S. Taxpayer Money Funneled to the Taliban
July 25th, 2011Flashback: NATO Forces Supplied Food, Water and Arms to Taliban Forces in Southern Afghanistan Via: Washington Post: A year-long military-led investigation has concluded that U.S. taxpayer money has been indirectly funneled to the Taliban under a $2.16 billion transportation contract that the United States has funded in part to promote Afghan businesses. The unreleased investigation […]
‘The Knights Templar’: Mexico’s Newest Drug Cartel [???]
July 25th, 2011Don’t miss the one about La Santa Muerte. Via: Al Jazeera: Pictures of the latest objects seized by the police in the Mexican state of Michoacan, revealed that the mysterious ‘Knights Templar” drug cartel is more bizarre than most people imagine. There were four hooded tunics, with a red cross, a metal helmet, and a […]
Fed Audit Reveals $16 Trillion in Secret Loans
July 24th, 2011Via: Bernie Sanders – U.S. Senate: The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to […]
