Archive for the 'Elite' Category
It’s Starting to Feel Like 1932
July 6th, 2010In other news, Mercedes-Benz sales up 13 percent on year in June: Sales of Mercedes-Benz cars were up 13.2 percent in the year to June as strong demand for the premium brand in China and the United States helped drive growth, parent company Daimler AG said Monday. Mercedes-Benz sold 113,300 cars worldwide last month, making […]
BP Remains Key Pentagon Fuel Supplier
July 5th, 2010So it goes… Via: AFP: Despite its role in the Gulf of Mexico oil spill, energy giant BP remains a key supplier of fuel to the Pentagon, The Washington Post reported. Citing data from the Defense Logistics Agency, the newspaper said BP had contracts with the US Defense Department worth at least 980 million dollars […]
How Goldman Gambled on Starvation
July 2nd, 2010I’ll point to my commentary on this from 2008, CBOT Resembles Carnival Act as Billion Dollar Black Box Operators Move In: Leveraged speculation on commodities shouldn’t be allowed. Speculate on things like indexes, stocks, bonds and currencies until you’re blue in the face. None of those things are real anyway. But leveraged speculation on tangible […]
Banned FEMA Formaldehyde Trailers Return for Latest Gulf Disaster
July 2nd, 2010Children in Katrina Trailers May Face Lifelong Ailments FEMA Trailer Manufacturers Knew About Formaldehyde, Findings Went Undisclosed Formaldehyde-Laced Death Trailers to Haiti!? Judge Rejects Class-Action Status in FEMA Trailer Suits Via: New York Times: In the wake of Hurricane Katrina, they became a symbol of the government’s inept response to that disaster: the 120,000 or […]
Blair to Receive U.S. Peace Medal
July 1st, 2010Tell me another one. Via: BBC: Former UK Prime Minister Tony Blair is to receive a prestigious US medal and $100,000 (£67,000) prize for his work in conflict resolution. The National Constitution Centre is awarding him its Liberty Medal for “steadfast” efforts to broker peace in Northern Ireland and the Middle East. Previous winners include […]
The Insane Overuse of Antibiotics in Industrial Meat Production
June 30th, 2010This is another one for your Captain Obvious file folder. Also, if you’re concerned about issues like this, and try to eat clean food, you might be mentally ill. Have a nice day, and make sure to take your happy pills with your ammonia burger. Via: New York Times: Federal food regulators took a tentative […]
UN: Scrap Dollar as Sole Reserve Currency
June 30th, 2010SDRs blah blah. It’s a meta fiat currency. In other words, out of the frying pan and into the fire. Via: Reuters: A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value. But several European officials attending […]
Dumbing Down Society Part I: Foods, Beverages and Meds
June 30th, 2010Via: Vigilant Citizen: Scientific data has been proving for years that governments around the world are tolerating the selling of many products which have a direct and negative effect on cognitive and physical health.
Banks Financing Mexico Gangs Admitted in Wells Fargo Deal
June 29th, 2010That there is institutional collusion with drug traffickers is the stuff of Captain Obvious at this late stage of the game, but this Bloomberg piece is pretty good. All the bold is from me; just noting parts that stood out. Full text below. Via: Bloomberg: Banks Financing Mexico Gangs Admitted in Wells Fargo Deal By […]
Bill Clinton: Blow Up The Well
June 28th, 2010Via: CNN:
