Archive for the 'Elite' Category
‘Retired’ Goldman Sachs Executive to Head Trading for Merrill Lynch
April 28th, 2008What we have here isn’t some, “unseen hand of the market.” It’s more like a bunch of tentacles. Henry Paulson is the United States Treasury Secretary. He’s also a former CEO of Goldman Sachs. Joshua Bolten is the current White House Chief of Staff. He served as Goldman’s executive director for legal and government affairs […]
U.S. Department of Justice: International Criminals Launder Billions of Dollars Through U.S. Financial Institutions, and Invest Profits in Publicly Traded Companies
April 25th, 2008I had always assumed the entire business of the markets to be a massive criminal enterprise that allowed public participation simply because it made a few people extremely wealthy… Assume maximum criminal behavior… —Insider Crimes, Funny Money and Options Rackets I told you that trying to trade this crap, as a retailer, is the equivalent […]
On Average, U.S. Military Units Pay $88 for Fuel, Per Day, Per Service Member in Iraq
April 21st, 2008Cui bono? Mmm hmm. Via: AP: Think you’re being gouged by Big Oil? U.S. troops in Iraq are paying almost as much as Americans back home, despite burning fuel at staggering rates in a war to stabilize a country known for its oil reserves. Military units pay an average of $3.23 a gallon for gasoline, […]
Monsanto’s Harvest of Fear
April 14th, 2008Must read… If you like the Horror genre. Via: Vanity Fair: Today, 37 years after PCB production ceased in Anniston, and after tons of contaminated soil have been removed to try to reclaim the site, the area around the old Monsanto plant remains one of the most polluted spots in the U.S. People in Anniston […]
Allegations that Speculators Are Colluding, Attempting to Crash Iceland for Profit
April 12th, 2008“This isn’t a free market; it’s a black magic trick, involving supercomputers, psychological operations and lots and lots of leverage.” —CBOT Resembles Carnival Act as Billion Dollar Black Box Operators Move In Full text follows. Via: Financial Times: On a gloomy North Atlantic evening in January, a group of international hedge fund managers gathered in […]
What Power Looks Like
April 10th, 2008In case Newsweek’s fluff isn’t cutting it for you, here are some core materials: The Power Elite by C. Wright Mills The Secret Team: The CIA and Its Allies in Control of the United States and the World by L. Fletcher Prouty Anglo-American Establishment by Carroll Quigley Who Rules America? Power, Politics, and Social Change […]
USA and UK Joined at the Hip for Financial Crisis Management
March 31st, 2008Via: Financial Times: George W. Bush, US president, and Gordon Brown, UK prime minister, have agreed to step up co-operation over the crisis in financial markets. They are setting up a joint working group which will develop plans to monitor and regulate the banking system. At the heart of the proposals, agreed on Wednesday by […]
Federal Reserve Seeks Broad Authority to Oversee “Financial Market Stability”
March 29th, 2008“Some changes could actually reduce the power of the Securities and Exchange Commission, which is charged with maintaining orderly stock and bond markets and protecting investors.” Check out some of the background stories that have been leading up to this: Goldman Sachs Creates Private Stock Exchange for Unregistered Securities, Clients with $100 Million Minimum NASDAQ […]
Central Banks Float Rescue Ideas: Hold on to Your Wallet
March 22nd, 2008IMF Special Drawing Rights for toxic waste mortgage backed securities? What’s described below isn’t going to happen tomorrow, but the banking elite are clearly thinking about how They can force all of us to eat this slop. In Russia, I hear there’s a saying that describes the situation with the mob at all levels of […]
Bush: We’ll “Bring Order to Financial Markets”
March 17th, 2008That’s what I like to see! No more bullshit about a, “free market.” We’re all on the same page now: The financial system is being run like a Soviet ministry. For once, Dubya got it right! Via: CNN: President Bush, trying to calm turmoil in financial markets, said Monday that his administration is “on top […]
