Archive for the 'Elite' Category
U.S. Cities May Have to be Bulldozed in “Shrink to Survive” Strategy
June 13th, 2009Change. Via: Telegraph: Dozens of US cities may have entire neighbourhoods bulldozed as part of drastic “shrink to survive” proposals being considered by the Obama administration to tackle economic decline. The government looking at expanding a pioneering scheme in Flint, one of the poorest US cities, which involves razing entire districts and returning the land […]
The Federal Reserve Would Be Shut Down If It Was Audited
June 12th, 2009Oh, you can’t just keep throwing confetti through the paper shredder indefinitely and then not account for where it went? Woops. Related: H.R. 1207: Federal Reserve Transparency Act of 2009 Via: CNBC: The Federal Reserve’s balance sheet is so out of whack that the central bank would be shut down if subjected to a conventional […]
“Capitalism” 2.0: Stimulus Fraud Could Reach About $50 Billion
June 12th, 2009Via: MarketWatch: Swindlers, con men, and thieves could siphon off as much as $1 out of every $10 spent as billions of dollars in stimulus money begin flowing into all corners of the economy in coming months. Companies will face increased pressure to try to stem the tide, and need to be prepared to safeguard […]
Bank Rescue Costs EU States $5.3 Trillion, More Than German GDP
June 12th, 2009Via: Bloomberg: European governments have approved $5.3 trillion of aid, more than the annual gross domestic product of Germany, to support banks during the credit crunch, according to a European Union document. The U.K. pledged 781.2 billion euros ($1.1 trillion) to restore confidence in its lenders, the most of any of the 27 EU members, […]
U.S. Government Will Own 34 Percent of Citigroup
June 11th, 2009Via: New York Times: Many of its rivals are getting ready to throw back the government’s lifeline, but not Citigroup: To the contrary, Citi on Wednesday said it was moving forward with a plan to convert a large chunk of its preferred shares into common equity. The long-awaited move is expected to give the United […]
Doctors Warn: Avoid Genetically Modified Food
June 10th, 2009The full text of this chilling article is below. Via: Seeds of Deception: Doctors Warn: Avoid Genetically Modified Food By Jeffrey M. Smith On May 19th, the American Academy of Environmental Medicine (AAEM) called on “Physicians to educate their patients, the medical community, and the public to avoid GM (genetically modified) foods when possible and […]
GM’s New Chairman: “I Don’t Know Anything About Cars”
June 10th, 2009That’s ok, because when the spooks say to jump he asks, “How high?” Via: Bloomberg: Edward E. Whitacre Jr. built AT&T Inc. into the biggest U.S. provider of telephone service over a 43-year-career. By his own admission, he becomes chairman of General Motors Corp. knowing nothing about the auto industry. The 6-foot-4-inch Texan nicknamed “Big […]
Royal Canadian Mint ‘Lost’ Tens of Millions of Dollars Worth of Gold
June 9th, 2009* chortling * Via: The Star: The mint’s missing stock of precious metals is worth tens of millions of dollars, the Star has learned. While officials at the Royal Canadian Mint have not publicly released a value, insiders have confirmed that auditors are trying to track precious metals, believed to be gold, worth in the […]
The Ascendancy of Black World Participants Continues at GM
June 9th, 2009First Kent Kresa, and now Edward Whitacre. What’s the big deal? Edward Whitacre looks like every other old, pink faced fat bastard that slithers from board room to board room, but let’s take a quick walk down memory lane. From 2006, in NSA Collected Phone Records in U.S., we learn: The U.S. National Security Agency […]
Royal Dutch Shell to Pay Pocket Lint in Settlement Over Deaths of Activists
June 9th, 2009Via: Wall Street Journal: Royal Dutch Shell PLC agreed Monday to pay $15.5 million to settle a lawsuit over the 1995 deaths of Nigerian author and activist Ken Saro-Wiwa and others. The Anglo-Dutch oil giant faced a lawsuit in federal court in Manhattan under the Alien Tort Claims Act, on allegations that it was complicit […]
