Archive for the 'Elite' Category
More Obama Lies: Signing Statement on $106B War Bill
June 28th, 2009Via: The Hill: President Obama signed the $106 billion war-spending bill into law Friday, but not without taking a page from his predecessor and ignoring a few elements in the legislation. Obama included a five-paragraph signing statement with the bill, including a final paragraph that outlined his objections to at least four areas of the […]
Ben Bernanke on Ron Paul’s Proposed Leglslation to Audit the Federal Reserve
June 26th, 2009“My concern about that legislation is that if the GAO is auditing not only the operational aspects of our programs and the details of the programs, but is making judgments about our policy decisions, that would effectively be a takeover of monetary policy by the Congress, a repudiation of the independence of the Federal Reserve, […]
Gerstner Says Short-Term Gains Should Be Taxed at 80%
June 26th, 2009The margin is the problem. Take margin out of the picture. End it all. Deleverage the trades. Make it so that you can only trade the amount of equities that you have in cash. Sheesh! What a concept. Now, I’m not so keen on the 80% tax part because this would eliminate the potential for […]
China Reiterates Call for New World Reserve Currency
June 26th, 2009Yeah, yeah. We understand. Get on with it already. Via: Bloomberg: China’s central bank renewed its call for a new global currency and said the International Monetary Fund should manage more of members’ foreign-exchange reserves, triggering a decline in the U.S. dollar. “To avoid the inherent deficiencies of using sovereign currencies for reserves, there’s a […]
Citigroup Ordered to Suspend Some Operations in Japan
June 26th, 2009Via: Bloomberg: Citigroup Inc. was ordered by Japan’s financial regulator to suspend marketing of banking services to individuals for a month, after failing to put in place adequate internal controls to prevent money laundering. The Financial Services Agency told Citibank Japan Ltd. to halt retail banking sales from July 15 to Aug. 14, except in […]
“Three Generations of Imbeciles Are Enough”: The U.S. Eugenics Legacy
June 25th, 2009Via: USA Today: Paul Lombardo hadn’t planned on a three-decade detour when he stopped at a greasy-spoon restaurant for breakfast in February 1980. Lombardo, then a graduate student at the University of Virginia, picked up a newspaper to read as he ate his bacon and eggs. And the rest is history, literally and figuratively. For […]
Full Spectrum Dominance: Totalitarian Democracy in the New World Order
June 25th, 2009Full Spectrum Dominance: Totalitarian Democracy in the New World Order by F. William Engdahl: For the faction controlling the Pentagon, the military industry, and the oil industry, the Cold War never ended. They engineered an incredible plan to grab total control of the planet, of land, sea, air, space, outer space and cyberspace. Continuing ‘below […]
And Now… Mark Sanford Found in Argentina; Needed a Recharge
June 24th, 2009The bullshit meter just exploded and now I must crawl to safety. In the meantime, fill in the blank with what this is actually about: __________________ Via: Reuters: South Carolina Governor Mark Sanford returned to the United States on Wednesday from a secret private trip to Argentina, ending days of speculation over his whereabouts and […]
Swiss Offer Millionaires a Haven Away from the Poor
June 22nd, 2009Via: Guardian: The plans of a Swiss canton to attract the super-rich by offering them the chance to buy property in exclusive, previously out of bounds locations has sparked a political row and accusations that the country is encouraging apartheid of the rich and poor. The canton of Obwalden is planning to launch “special living […]
Kiwis Moving Closer to Cashless Society
June 22nd, 2009Japan was the future cashless country in yesterday’s news cycle. Today it’s New Zealand. Well, New Zealand will probably use a Pan Asian digital currency, at some point, along with Japan and several other states…either that or Kongbucks. Via: New Zealand Herald: Cash is no longer king in New Zealand, according to the Retirement Commission’s […]
