Archive for the 'Elite' Category
Software for Pentagon Costs Americans Tens of Billions of Dollars Per Year, Winds Up Being Owned by Corporations
August 4th, 2010Would you like some air conditioned tents to go with that? Via: Defense News: The Department of Defense spends tens of billions of dollars annually creating software that is rarely reused and difficult to adapt to new threats. Instead, much of this software is allowed to become the property of defense companies, resulting in DoD […]
American Owner of DC9 Carrying 5.5 Tons of Cocaine Had Been Investigated for Drug Trafficking a Decade Ago
August 4th, 2010Via: Mad Cow Productions: The American owner of record of the DC9 airliner which took off from St Petersburg in April of 2006 and was busted in Mexico carrying an astonishing 5.5 tons of cocaine Mexico had been the subject of a drug trafficking investigation ten years earlier. According to a DEA report on the […]
Criminal Demand For High Denomination Euro Banknotes Saving Eurozone
August 4th, 2010To make their criminal enterprises work, the drug cartels of Mexico need to move billions of dollars across borders. That’s how they finance the purchase of drugs, planes, weapons and safe houses, Senator Gonzalez says. “They are multinational businesses, after all,” says Gonzalez, as he slowly loads his revolver at his desk in his Mexico […]
Rockefeller Foundation: Scenarios for the Future of Technology and International Development
August 3rd, 2010This Rockefeller Foundation report lays out four possible scenarios for the near future. I’ll just clip a few passages from each of the four. You’ll love this. Via: Rockefeller Foundation: LOCK STEP – A world of tighter top-down government control and more authoritarian leadership, with limited innovation and growing citizen pushback In 2012, the pandemic […]
The Aftermath of the Global Housing Bubble Chokes the World Banking System
August 3rd, 2010The U.S. housing bubble was tame compared with several other ones around the world over the same period. Via: Housing Story: What our leaders are doing is correcting a severe cyclical recession. What our reporters are doing is covering a severe cyclical recession. What sublime kabuki theater. Back in the real world, the destruction of […]
Erica Goldson: Coxsackie-Athens Valedictorian Speech 2010
August 2nd, 2010It’s definitely worth clicking through to read the whole thing. Via: America Via Erica: And now here I am in a world guided by fear, a world suppressing the uniqueness that lies inside each of us, a world where we can either acquiesce to the inhuman nonsense of corporatism and materialism or insist on change. […]
Schwarzenegger to Speak at Bohemian Grove
August 1st, 2010Will he be wearing his Death’s Head belt buckle? Via: Press Democrat: Gov. Arnold Schwarzenegger is scheduled to address a throng of rich and powerful men on Friday under the towering redwoods at the Bohemian Grove as the annual encampment along the Russian River in Monte Rio enters its final weekend. No one other than […]
GE to Pay $23 Million to Settle Bribery Allegations
July 29th, 2010Mmm hmm. Via: AFP: US industrial titan General Electric has agreed to pay over 23 million dollars to settle allegations that it bribed Iraqi officials, a US financial watchdog said on Tuesday. GE had been accused by the Securities and Exchange Commission of being part of “a 3.6 million dollar kickback scheme with Iraqi government […]
Citigroup to Pay $75 Million to Settle SEC Subprime Case
July 29th, 2010Another one for your Pocket Lint file folder. Via: Bloomberg: Citigroup Inc., which got a $45 billion taxpayer bailout, will pay $75 million to settle U.S. regulatory claims that it understated investments linked to subprime mortgages as the housing crisis unfolded, a person with direct knowledge of the matter said.
Timing of Stock Sales by Moody’s CEO
July 29th, 2010Via: McClatchy: The chief executive of Moody’s Investors Service sold almost $3 million in company stock this year, and $7.1 million last year, both times right before his company’s stock price fell from its peak levels, a McClatchy analysis has found.
