Archive for the 'Elite' Category
The True Finns: Finnish Anti-Euro Party Sees Large Gains in Recent Election
April 18th, 2011Via: Reuters: The True Finns, the anti-euro party voted into a powerful role in the Helsinki parliament at the weekend, expect the European Union to change plans for a bailout of Portugal, its leader said on Monday. “Of course there will have to be changes,” Timo Soini told reporters a day after his party more […]
Texas University Takes Delivery of Nearly $1 Billion in Gold Bars; Vaulting it in New York
April 17th, 2011That’s a lot of shiny. Which other funds are going to ask COMEX to cough it up? Via: Bloomberg: The University of Texas Investment Management Co., the second-largest U.S. academic endowment, took delivery of almost $1 billion in gold bullion and is storing the bars in a New York vault, according to the fund’s board. […]
Jingle Mail: Morgan Stanley Failed to Make $3.3 Billion Debt Payment by Friday Deadline, Handed Over Keys to Central Tokyo Office Building to Blackstone; Largest Ever Repayment Failure of Its Kind in Japan
April 17th, 2011Via: Reuters: A Morgan Stanley property fund failed to make $3.3 billion in debt payments by a deadline on Friday, handing over the keys to a central Tokyo office building to Blackstone (BX.N) and other investors, the largest repayment failure of its kind in Japan. It marks the latest fallout from a series of highly […]
Belarus: Central Bank Halts Sales of Gold for Roubles
April 15th, 2011This is what the beast looks like when the mask finally comes off. Via: Reuters: Belarus’ central bank has stopped selling gold to local retail customers for Belarussian roubles, it said on Friday, after demand for precious metals soared due to expectations of a currency devaluation. The bank did not explain its decision. Belarus is […]
BRICS Take Aim at Dollar
April 15th, 2011The U.S. Dollar Index has not yet crossed into the crisis territory that I wrote about recently, but here’s what I thought might happen if it does: I’d say that capital controls, some kind of IMF SDR (Special Drawing Rights) ‘Global Reserve’ confetti bucks, and a global financial crisis management organization, like the IMF on […]
‘Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs?’
April 13th, 2011Via: Rolling Stone: But if you want to get a true sense of what the “shadow budget” is all about, all you have to do is look closely at the taxpayer money handed over to a single company that goes by a seemingly innocuous name: Waterfall TALF Opportunity. At first glance, Waterfall’s haul doesn’t seem […]
iPads Take a Place Next to Crayons in Kindergarten
April 13th, 2011The elite want to liquify your child’s brain, squirt it into a plastic tube, package it up and route it to their private prisons, wars for resources, and dead end cubicles. This process should be automated to the extent possible. Here’s a visual representation of what public education has become: Via: AP: Kindergarten classes are […]
Chinese Mining Operations in Australia
April 12th, 2011So it goes… Via: Guardian: China is leasing huge areas of land in Australia to secure a vital source of mineral resources, the latest sign of its acquisitive approach to the commodities trade. No longer satisfied with buying iron ore and coal from Australian mining companies, Rio Tinto and BHP Billiton, China is developing its […]
GMOs Linked to Organ Disruption in 19 Studies
April 11th, 2011Via: Institute for Responsible Technology: A new paper shows that consuming genetically modified (GM) corn or soybeans leads to significant organ disruptions in rats and mice, particularly in livers and kidneys. By reviewing data from 19 animal studies, Professor Gilles-Eric Séralini and others reveal that 9% of the measured parameters, including blood and urine biochemistry, […]
Iceland: Voters Reject Icesave Payback Referendum
April 11th, 2011I’m sure this situation isn’t going unnoticed in Greece, Ireland and Portugal. Via: CityWire: Britain and the Netherlands plan to sue Iceland for €4 billion (£3.5 billion) paid to Icesave depositors after the country voted against the payment of the money for a second time in a referendum. Almost 60% of Icelanders voted against a […]
