Archive for the 'Elite' Category
France: Former President Chirac Indicted for Embezzlement
December 18th, 2009Via: France24: A drawn-out case involving claims that former French president Jacques Chirac set up fictitious jobs while he served as mayor of Paris is heading to court after a judge ordered Chirac’s indictment on embezzlement charges.
Are Americans a Broken People?
December 16th, 2009In general, Americans represent a collective battered spouse who hopes that the batterer will change. Spitting teeth and squinting through two black eyes, they usually go back for more of the same. This isn’t politics. It’s pathology. —The Devil and Mr. Obama Via: Alternet: Can people become so broken that truths of how they are […]
U.S. Taxpayers Pay for Citigroup’s Fat Bastards to Get Fatter
December 16th, 2009Via: Washington Post: The federal government quietly agreed to forgo billions of dollars in potential tax payments from Citigroup as part of the deal announced this week to wean the company from the massive taxpayer bailout that helped it survive the financial crisis. The Internal Revenue Service on Friday issued an exception to long-standing tax […]
GULF OIL STATES LAUNCHING SINGLE CURRENCY
December 16th, 2009I’ll believe it when I see it. Anyway, maybe it will be backed by this thing: Via: Telegraph: The Arab states of the Gulf region have agreed to launch a single currency modelled on the euro, hoping to blaze a trail towards a pan-Arab monetary union swelling to the ancient borders of the Ummayad Caliphate. […]
Bernanke Named Time Magazine’s Person of the Year
December 16th, 2009Via: Bloomberg: Federal Reserve Chairman Ben Bernanke was named “Person of the Year” by Time magazine today for leading the “most-powerful, least-understood government force shaping our lives,” Managing Editor Richard Stengel said. Bernanke, 56, was picked for his efforts to shepherd the U.S. out of the biggest economic slump since the Great Depression, Stengel said […]
UK’s Richest Man Could Make More Than £1 Billion from Carbon Trading Scheme
December 16th, 2009Via: ClickGreen: New analysis released by climate change NGO Sandbag has revealed that the UK’s richest resident, Lakshmi Mittal, CEO and major shareholder of the steel giant ArcelorMittal, could make over £1 billion between now and 2012 from his company’s participation in the EU’s Emissions Trading Scheme.
Drug Money Saved Banks During Global Drisis, Claims UN Advisor
December 14th, 2009Via: Guardian: Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations’ drugs and crime tsar has told the Observer. Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were […]
Kucinich: The Truth About Afghanistan
December 11th, 2009UN Equipped Congolese Army That Carried Out Atrocities
December 11th, 2009Via: New York Times: United Nations peacekeeping officials were explicitly warned months ago by their legal advisers not to participate in combat operations with the Congolese Army if there were a risk that Congolese soldiers might abuse human rights, internal documents show. But the mission went forward — and the abuses took place as feared. […]
The $700 Billion Man: Paulson’s Creature Bugs Out to Wilderness Cabin
December 10th, 2009Via: Washington Post: He wears no coat though it’s freezing, shines no light though it’s near midnight, carries no shotgun though he’s tramping on the pine-needled tracks of black bears. He wants to be lost in these woods. “Come on, you bums,” Neel Kashkari calls to his dogs, two giant Newfoundlands. “Boys, let’s go.” He […]
