Archive for the 'Elite' Category
Bill Moyers with William K. Black
April 5th, 2009Via: PBS: BILL MOYERS: Is it possible that these complex instruments were deliberately created so swindlers could exploit them? WILLIAM K. BLACK: Oh, absolutely. This stuff, the exotic stuff that you’re talking about was created out of things like liars’ loans, that were known to be extraordinarily bad. And now it was getting triple-A ratings. […]
G20, Gordon Brown: “New World Order Is Emerging”; Fox News: The Conspiracy Crazies Were Right
April 3rd, 2009Queen Gives Mexico’s President Copy of George Orwell’s 1984
April 2nd, 2009Via: Telegraph: The president of Mexico received one of the more unusual gifts given by the Queen during an incoming state visit today – a copy of the classic dystopian novel 1984. At Buckingham Palace, Felipe Calderon was presented with a first edition of George Orwell’s nightmarish book, which tells of a totalitarian regime and […]
City Traders Bet on the Number of G20 Demonstrators Arrested, Injured or Killed
April 2nd, 2009Via: Guardian: At Coq D’Argent, the restaurant atop the distinctive salmon coloured building at Number One Poultry, adjacent to Bank underground station, the bankers appeared slightly drunk on the excitement of the protests down below; basking in the sunshine, ordering wine and necking oysters. Two traders based in an office opposite RBS on Bishopsgate said […]
UN Chief Says Crisis Could Result in Failed States
April 2nd, 2009Parts of the U.S. are nearly there. Look at Flint, Michigan. What’s the solution? A global currency, a New World Order, etc. Yeah, yeah, tell me another one. Via: AFP: UN chief Ban Ki-moon warned Thursday that failing to act to halt the global economic crisis could lead to widespread social unrest and failed states, […]
Max Keiser on Bankers Bonuses… And Heroin
April 1st, 2009You guys will love this. Via: Solari: Max Keiser: ….they (Goldman Sachs, JP Morgan et al) are systematically undermining the entire system. They are creating a mechanism to carve out equity and capital for themselves at the expense of society at large. So in the United States, unemployment is skyrocketing. The uninsured is skyrocketing. The […]
Financial Rescue Nears GDP as Pledges Top $12.8 Trillion
April 1st, 2009This isn’t a rescue. It’s a shakedown. Via: Bloomberg: The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest recession since the 1930s. New pledges from the Fed, the Treasury Department and the […]
Pump and Dump Swindle Used Employee Retirement Funds
April 1st, 2009Via: Boston Globe: Just months before the start of last year’s stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks. Switching from a heavy reliance on bonds, the Pension Benefit […]
IBM: Another Public Menace
April 1st, 2009Via: Times Herald Record: As IBM was firing thousands of American workers last week, the U.S. Patent and Trademark Office published Big Blue’s application to copyright a computerized system that calculates how to offshore jobs while maximizing government tax breaks. Update: IBM withdraws its application, calling it an error.
More on What Kent Kresa Might Bring to GM
April 1st, 2009What technologies might someone like Kent Kresa be tasked with providing to GM? —Obama Fired GM’s CEO; What’s Stirring Behind the Black Curtain? Not only did the Obama administration fire GM’s CEO, the Los Angeles Times reports that they also installed Kresa as Chairman. Via: Bloomberg: Alternative Energy, Technology Kresa will probably help steer GM […]
