Archive for the 'Elite' Category
Billionaires Meet in Secret to Discuss Population Reduction Strategies – “Don’t Want to be Seen as a Global Cabal”
May 25th, 2009I wonder if Bill Gates released any of his pet flying syringes into the room? (See him practicing his antics at TED.) Via: Times Online: SOME of America’s leading billionaires have met secretly to consider how their wealth could be used to slow the growth of the world’s population and speed up improvements in health […]
And Now… ABC Resurrects V
May 23rd, 2009Afghanistan: U.S. Forces Seize Almost 15 Tonnes of Narcotics Including Opium, Heroin and Morphine
May 22nd, 2009The commentary for this has already been written. See Blackwater Worldwide Changes Its Name to Xe; Same Mercenaries, but Now with More “Aviation Support” and The Invisible Hand of the Market: British Troops Seize £50 Million of Afghan Opium. Via: Reuters: Afghan and U.S. forces have killed 34 militants, almost half of them in air […]
Geithner Vows to Cut U.S. Deficit on Rating Concern
May 22nd, 2009How screwed of a situation is it if the goal is sustainable deficits? Via: Bloomberg: Treasury Secretary Timothy Geithner committed to cutting the budget deficit as concern about deteriorating U.S. creditworthiness deepened, and ascribed a sell-off in Treasuries to prospects for an economic recovery. “It’s very important that this Congress and this president put in […]
After Major Florida Bank Fails, Carlyle Swoops In as a Buyer
May 22nd, 2009Via: Washington Post: Florida-based BankUnited collapsed yesterday, the largest bank failure so far this year, as a new federal investigation revealed that the bank’s regulator, the Office of Thrift Supervision, allowed the firm to cover up its financial weakness. A consortium of investors, including District-based private-equity giant Carlyle Group, agreed to buy and recapitalize BankUnited, […]
Yes, Mildred, the People Who Run the World Have Private Meetings
May 21st, 2009Via: Guardian: So who is the paranoid one? Me, hiding in stairwells, watching the pavement behind me in shop windows, staying in the open for safety? Or Bilderberg, with its two F-16s, circling helicopters, machine guns, navy commandos and policy of repeatedly detaining and harassing a handful of journalists? Who’s the nutter? Me or Baron […]
Brazil and China Eye Plan to Axe Dollar
May 19th, 2009Via: Financial Times: Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to Luiz Inácio Lula da Silva, Brazil’s president. The move follows recent Chinese challenges to the status of the dollar as the world’s leading international currency. Mr […]
Chart of the Day: S&P 500 Earnings Plunge
May 18th, 2009Via: Chart of the Day: While the stock market is up sharply since early March, the economy as well as corporate earnings continue to suffer. Today’s chart helps provide some perspective as to the magnitude of the current economic decline. Today’s chart illustrates that 12-month, as-reported S&P 500 earnings have declined over 90% over the […]
Biden Reveals Location of Secret VP Bunker
May 18th, 2009Via: Fox News: Vice President Joe Biden, well-known for his verbal gaffes, may have finally outdone himself, divulging potentially classified information meant to save the life of a sitting vice president. According to a report, while recently attending the Gridiron Club dinner in Washington, an annual event where powerful politicians and media elite get a […]
China’s Yuan ‘Set to Usurp U.S. Dollar’ as World’s Reserve Currency
May 15th, 2009Via: Telegraph: The Chinese yuan is preparing to overtake the US dollar as the world’s reserve currency, economist Nouriel Roubini has warned. Professor Roubini, of New York University’s Stern business school, believes that while such a major change is some way off, the Chinese government is laying the ground for the yuan’s ascendance. Known as […]
