Archive for the 'Elite' Category
The Fall of Lehman Brothers
September 7th, 2009Via: Independent: It is time to “spray foam on the runway”, Tim Geithner told his sleep-deprived officials on Sunday afternoon. Lehman was going to crash. … The best defence of the decision to let Lehman fail is that it shocked Congress into providing funds to recapitalise the banking system – something it might not have […]
Go Long the Death Bonds: Wall Street to Securitize Life Insurance Policies That Elderly People Sell for Cash
September 6th, 2009The purpose of expanding the regulatory machinery is to facilitate even vaster amounts of fraud. This is what happens when big organizations fail, but aren’t allowed to die. A small number of people makes off with unthinkable amounts of plundered money—and then the government gets bigger! The people who are left walking funny at the […]
Vladimir Putin’s Dark Rise to Power: GQ Censors Article About False Flag Bombings in Russia
September 6th, 2009Gawker: Scans of English Version and Attempts at Russian Translation The article is definitely worth reading. Via: NPR: For war journalist Scott Anderson, the most confounding part of his recent assignment for GQ magazine to explore the root of terrorist acts in Russia a decade ago wasn’t the suggestion of treachery and subterfuge he found. […]
China: Six-Year-Old Aspires to Become a Corrupt Communist Party Official
September 4th, 2009She’ll go far. Via: Independent Online: A six-year-old girl has become a media darling in China on her first day of school by expressing her aspiration to become a “corrupt official” when she grows up, state media said on Friday. The young student stated her aspirations in a televised interview that was posted on a […]
Pfizer Directed Doctors to Use Drugs at Eight Times the Recommended Dosage and for Conditions Different to Those for Which They Were Approved
September 4th, 2009Via: BBC: A whistle-blower in the Pfizer healthcare fraud scandal has said he felt he was “swimming upstream” when the firm was illegally promoting drugs. “It’s hard to do what’s right when everyone else around you is following management sales directive,” John Kopchinski told the BBC’s World Today. Mr Kopchinski was awarded $50m (£31m) for […]
Microsoft Pushes for Single Global Patent System
September 3rd, 2009Via: Cnet: A senior lawyer at Microsoft is calling for the creation of a global patent system to make it easier and faster for corporations to enforce their intellectual property rights around the world. In a blog posting on Tuesday, Microsoft’s Deputy General Counsel Horacio Gutierrez said that a backlog of patent applications internationally was […]
Bush’s Third Term? You’re Living It
September 3rd, 2009Please understand: THERE ARE NO POLITICAL SOLUTIONS TO THE PROBLEMS THE U.S. IS FACING. The outcome of this election is meaningless, one way or the other. The more you keep grasping for glimmers of hope within the political system, the worse off you will be. … Will a big Democratic win calm people down? Maybe […]
Pfizer Agrees to Pay Largest Healthcare Fraud Penalty in History
September 2nd, 2009Via: BBC: US drugmaker Pfizer has agreed to pay $2.3bn (£1.4bn) in the largest healthcare fraud settlement in the history of the Department of Justice. A subsidiary pleaded guilty to misbranding drugs “with the intent to defraud or mislead”. Pfizer illegally promoted four drugs and caused false claims to be submitted to government healthcare programmes […]
Gold Is Probably About to Put on a Show
September 2nd, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. I’m not able to make a high confidence call on which way gold is going to go, but I think it’s about to make a strong move. If I was forced to guess, I’d say that it will break higher, which […]
UN Chief Visits ‘Doomsday’ Seed Vault in Arctic
September 2nd, 2009Via: AFP: UN chief Ban Ki-moon visited Wednesday a vault carved into the Arctic permafrost, filled with samples of the world’s most important seeds in case food crops are wiped out by a catastrophe. “The world faces many daunting challenges today, one of the greatest of which is how to feed a growing population in […]
