Archive for the 'Elite' Category
Energy Conflicts and Differential Profits: Poor Performance of Oil Stocks Predicts Middle East Conflicts
February 19th, 2008Via: Alternative Information Center — Economy of the Occupation 10: Cheap Wars: The key beneficiaries of this new, indirect link are the large oil companies. The geographic centre of this process is the Middle East. After the Vietnam War, the Middle East has become the hot spot of global conflict, with obvious corollaries for the […]
Dead Georgian Billionaire
February 14th, 2008Any guesses about what’s really going on here? I have absolutely no idea. For example, what is the nature of the relationship between mobsters from the former Soviet Union and British elites? Via: Times Online: He feared death would come through a sabotaged flight or a bloodbath of his bodyguards but it was in a […]
U.S. Political Establishment Lines Up Behind Barack Obama
February 13th, 2008I finally read something about the Obama religion that wasn’t a bunch of bullshit! Via: World Socialist Web Site: It is necessary to distinguish sharply between the political shift among working people and youth, a movement to the left which presages the outbreak of mass social and political struggles, and the efforts of the ruling […]
The Global Battle for Food, Oil and Water
January 29th, 2008Via: Financial Times: The costs of food and energy are rising fast. The availability of water is also becoming an issue, from Australia to Africa. The struggle for these three basic commodities – food, energy and water – came up repeatedly in Davos. Globalisation – in particular the rise of China and India – is […]
US, UK, Australia, Canada and New Zealand Building Biometric Database
January 15th, 2008This article expands on points touched on in FBI Prepares Vast Biometrics Database. Of course, there’s still no mention of the fact that the states involved make up the ECHELON club. A couple of interesting notes: Northrop Grumman built the systems that comprise the UK’s biometric fusion center known as IDENT1. Also, a future database […]
Blair Working for JP Morgan Chase
January 10th, 2008I wonder how much opium will be produced in Afghanistan in 2008? I bet Tony knows. Via: CNN: Former UK Prime Minister Tony Blair, who left office last June, has taken up a part-job with a Wall Street bank on an estimated $1 million salary. JP Morgan Chase did not say how much Blair will […]
Some Guesses About 2008
January 2nd, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. This took me a bit longer to write than I thought it would. Apologies. Here are some issue areas that I think will be interesting to watch in 2008. Economy I don’t see the U.S. Dollar catching much of a break […]
Co-Founder of Carlyle Group Buys Only Privately Held Copy of Magna Carta
December 20th, 2007Did the executive washroom run out of toilet paper? Via: Telegraph: The co-founder of The Carlyle Group finalised yet another deal late on Tuesday, but this time the private equity titan had his eyes on a rather different target. Instead of eyeing up an undervalued company or distressed asset, David Rubenstein snapped up a 13th […]
Increase in Incomes of the Top 1% Exceeded the Total Income of the Poorest 20%
December 16th, 2007Via: New York Times: The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in a new report by the Congressional Budget Office shows. The poorest fifth of households had total income of $383.4 billion in 2005, while […]
Unprecedented Central Bank Collusion Allows Troubled Institutions to Borrow Emergency Funds in Secret
December 15th, 2007What you don’t know can’t hurt Them. Via: Telegraph: The crucial elements in the Fed’s move yesterday is not so much the sum of money on offer – $20bn next week, $20bn the week after – but that all depository banks in America can draw from the tap anonymously, without the risk of being found […]
