Archive for the 'Elite' Category
Call the Politburo, We’re in Trouble
June 18th, 2010Via: Asia Times: As in the Soviet Union before its collapse, the exaltation and feeding of the military at the expense of the rest of society and the economy had by now become the new normal; so much so that hardly a serious word could be said – lest you not “support our troops” – […]
Obama Regime Moves to Finance Development of Brazil’s Tupi Offshore Oil Field
June 18th, 2010Via: Wall Street Journal: You read that headline correctly. Unfortunately, the Obama Administration is financing oil exploration off Brazil. The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. […]
Afghan Mineral Deposits Actually Worth $3 Trillion, Not $1 Trillion
June 18th, 2010Mmm hmm. Via: Guardian: Afghanistan’s untapped mineral wealth is worth at least $3tn – triple a US estimate made this week – according to the government’s top mining official. Geologists have known for decades that Afghanistan has vast deposits of iron, copper, cobalt, gold and other prized minerals, but a US briefing this week put […]
Bank of America Ordered Traders: No Oil Deals with BP Beyond June 2011
June 16th, 2010Via: Reuters: Bank of America Merrill Lynch has ordered its traders not to enter into oil trades with BP Plc that extend beyond June 2011, a market source familiar with the directive told Reuters. The order to the bank’s traders came from a high-level executive and was made on Monday, according to a source familiar […]
Trillions in Resources & Funding Our Enemies
June 16th, 2010Via: David Degraw: Wherever there is a war, look for CIA/IMF/private military war profiteers covertly funding and supporting BOTH sides in order to keep the wars raging and the profits rolling in. As former CIA Station Chief John Stockwell explained: “Enemies are necessary for the wheels of the US military machine to turn.”
GCHQ by Richard Aldrich
June 16th, 2010GCHQ by Richard Aldrich on amazon.com and amazon.co.uk. Via: Register: If information indeed is power, then GCHQ is undoubtedly the closest thing the British government has to the Death Star. As the historian Richard J Aldrich notes in the introduction to his excellent new history of the Cheltenham-based agency it represents by far our largest, […]
Americans Get the Most Medical Radiation in the World
June 15th, 2010Via: AP: We fret about airport scanners, power lines, cell phones and even microwaves. It’s true that we get too much radiation. But it’s not from those sources — it’s from too many medical tests. Americans get the most medical radiation in the world, even more than folks in other rich countries. The U.S. accounts […]
Israel’s Leader Capital Markets CEO “Commits Suicide”
June 14th, 2010Via: Reuters: The chief executive of Leader Capital Markets, one of Israel’s top investment banks, has committed suicide, a company spokeswoman said on Sunday. Danny Barak, 48, jumped from his office on the 17th floor of one of Tel Aviv’s most prominent office towers on Friday, the spokeswoman said. Barak, who is survived by his […]
Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case
June 14th, 2010Via: Bloomberg: The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history. Fannie and Freddie, now 80 percent owned […]
Ireland: Central Bank Hid Property Crash Forecast
June 14th, 2010Via: Independent: THE Central Bank buried sensational data forecasting a crash in the property market months before the housing market began to crumble in early 2007. Last week’s report into the banking crisis by Central Bank boss Professor Patrick Honohan revealed that minutes from the bank’s financial stability group had shown that predictions of a […]
