Archive for the 'Elite' Category
The Con of the Decade Part I
July 11th, 2010Via: Of Two Minds: In essence, these private banks and corporations now own the revenue stream of the Federal government and its taxpayers. Neat con, and the marks will never understand how “saving our financial system” led to their servitude to the very interests they bailed out. The circle is now complete: in “saving our […]
National Security Bullshit Generator
July 8th, 2010I was looking through the Special Access Program (SAP) Policy document hosted over at Cryptome and thought I’d post a section from it because this is just about the most absurd collection of words I’ve ever come across in the English language. It reminded me of the maniac bureaucracies John Saul describes in Voltaire’s Bastards: […]
Since 2007, at Least $3 Billion Has Left Afghanistan by Plane in Boxes and Suitcases
July 6th, 2010Via: Der Spiegel: Billions of dollars are being secreted out of Kabul to help well-connected Afghans buy luxury villas in Dubai. Amid concerns that the money could be the result of corruption, American politicians have temporarily cut off aid to the Afghan government. Brigadier General Mohammed Asif Jabarkhel sits with folded arms in his office, […]
Goldman Sachs Executive to Advise Head of Canada’s Central Bank, a Former Goldman Sachs Executive
July 6th, 2010Mmm hmm. Via: Bloomberg: The chief executive of Goldman Sachs Canada has been named a special adviser to the head of Canada’s central bank. The Bank of Canada said Tuesday that Timothy Hodgson will advise central bank head Mark Carney, a former Goldman Sachs executive, on financial reform. Carney says Hodgson is one of Canada’s […]
“When your teeth are broken you will leave, just as the British left before you”
July 6th, 2010Via: New Statesman: As Washington and London struggle to prop up a puppet government over which Hamid Karzai has no control, they risk repeating the blood-soaked 19th-century history of Britain’s imperial defeat. … nearly ten years on from Nato’s invasion of Afghanistan, there are increasing signs that Britain’s fourth war in the country could end […]
Coast Guard Bans Reporters from Oil Cleanup Sites
July 6th, 2010Flashback: U.S. COAST GUARD THREATENED CBS NEWS CREW WITH ARREST FOR FILMING OIL SPILL DISASTER; COAST GUARD SAID THAT THEY WERE ACTING UNDER AUTHORITY OF BRITISH PETROLEUM; “THIS IS BP RULES. IT’S NOT OURS.” Via: Raw Story: Journalists who come too close to oil spill clean-up efforts without permission could find themselves facing a $40,000 […]
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 […]
