Archive for the 'Elite' Category

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“Are you fucking happy? Are you fucking happy? The rig’s on fire! I told you this was gonna happen.”

June 8th, 2010

Via: The Atlantic: A prominent Houston attorney with a long record of winning settlements from oil companies says he has new evidence suggesting that the Deepwater Horizon’s top managers knew of problems with the rig before it exploded last month, causing the worst oil spill in US history. Tony Buzbee, a lawyer representing 15 rig […]

Turning Poverty Into A Multibillion-Dollar Industry

June 8th, 2010

Via: NPR: Payday lending operations have grown rapidly in the United States since the early 1990s. At the industry’s peak a few years ago, there were more payday lenders in the United States than McDonald’s and Burger King stores — combined. “The payday lender is kind of the emergency banker for the working poor,” explains […]

No Secrets: Julian Assange’s Mission for Total Transparency

June 7th, 2010

This is a very interesting piece about Julian Assange and WikiLeaks. Via: The New Yorker: He had come to understand the defining human struggle not as left versus right, or faith versus reason, but as individual versus institution. As a student of Kafka, Koestler, and Solzhenitsyn, he believed that truth, creativity, love, and compassion are […]

BP Chief Tony Hayward Sold Shares Weeks Before Oil Spill

June 5th, 2010

Via: Telegraph: The chief executive of BP sold £1.4 million of his shares in the fuel giant weeks before the Gulf of Mexico oil spill caused its value to collapse. Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing […]

France: Possible Link Between Arms Sales and Political Campaign Funds; Sarkozy Allegedly Involved

June 4th, 2010

Via: BBC: French opposition MPs have called on President Nicolas Sarkozy to give details of any links to suspected commissions on arms deals allegedly used to fund political campaigns. The calls follow a report from Luxembourg police alleging Mr Sarkozy approved the creation of firms which received money from the commissions. They allegedly financed then […]

And Now: 26-Foot Tall Statue of Anubis, the Egyptian God of the Dead, Installed at Denver International Airport

June 4th, 2010

Denver Airport Murals Denver Airport Underground Via: 9News: Ever since it was first installed at Denver International Airport, the 32-foot-tall blue “Mustang” has been the talk of the town, but a new addition is sure to get plenty of attention. A crew is installing a seven-ton, 26-foot-tall concrete sculpture of an Egyptian god at the […]

Bilderberg 2010: Plutocracy with Palm Trees

June 4th, 2010

Via: Guardian: Another year, another Bilderberg. The first “participants” (as the delegates are known) won’t be arriving until Thursday, but already the Hotel Dolce in Sitges is buzzing with anticipation. This Catalan seaside town hasn’t hosted an event as large and politically sensitive as Bilderberg since the legendary 2008 Foam Party at the Mr Gay […]

BP Rig Atlantis “An Even Bigger Disaster In The Making”

June 3rd, 2010

Via: CNN: Could things get any worse for BP? Maybe. As the oil continues to flow, some are charging that another BP operation in the Gulf is an even bigger disaster in the making. For six months, Ken Abbott managed BP’s engineering documents for “Atlantis,” BP’s deep water platform nearly 200 miles south of New […]

Ex-Florida GOP Chairman Indicted on Charges of Grand Theft, Money Laundering; Arrested

June 2nd, 2010

Just another day at the office. Via: Orlando Sentinel: Jim Greer, the former chairman of the Republican Party of Florida who has been under criminal investigation for his financial handling of the organization, was indicted on six charges including money laundering and grand theft, state officials announced today. Greer was arrested by Florida Department of […]

Foreign Banks Find Fortune in Crisis

June 2nd, 2010

Via: Politico: Foreign banks are flexing newfound muscle in Washington, spreading their money and influence while winning government business that’s off-limits to their politically toxic American cousins. While Congress and President Barack Obama have been bashing big American banks as the cause of the nation’s economic troubles, foreign banks have been quietly increasing their presence […]

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