Archive for the 'Economy' Category

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Gladio, NATO’s Dagger at the Heart of Europe: The Pentagon-Nazi-Mafia Terror Axis by Richard Cottrell

April 1st, 2013

Disclosure: The publisher sent me a copy of this book for review. This is a very richly detailed and terrifying account of Operation Gladio. There are many more tentacles than I had previously known about. While the imbroglios set in motion after World War II may seem like ancient history to the uninitiated, Gladio actually […]

Direct Conversion of Australian Dollar Into Yuan

March 31st, 2013

Via: The Australian: A CURRENCY deal enabling the Australian dollar to be converted directly into Chinese yuan, slashing costs for thousands of businesses, is set to be the centrepiece of Julia Gillard’s mission to China next weekend. Australia would become the third country, after the US and Japan, to secure such an arrangement from China, […]

CYPRUS: DEPOSITORS MIGHT BE ISSUED BANK STOCK WORTH 37.5% OF AMOUNTS OVER 100,000 EUROS, “WHILE THE REST OF THEIR DEPOSITS MAY NEVER BE PAID BACK”

March 30th, 2013

Killing Joke – European Super State from Digital Beast on Vimeo. Via: Reuters: Big depositors in Cyprus’s largest bank stand to lose far more than initially feared under a European Union rescue package to save the island from bankruptcy, a source with direct knowledge of the terms said on Friday. Under conditions expected to be […]

Judge Dismisses Most Claims In Libor Lawsuits, Ruling In Favor Of Big Banks

March 30th, 2013

😯 Via: Reuters: A judge on Friday dismissed a “substantial portion” of claims facing a number of banks in a barrage of lawsuits accusing them of interest-rate rigging. U.S. District Judge Naomi Reice Buchwald in Manhattan ruled for the banks, which include Bank of America Corp , JPMorgan Chase & Co and others, of allegedly […]

Obama’s ‘No Fly’ List for FedEx and UPS

March 30th, 2013

Via: The Future of Freedom Foundation: The Obama administration is notorious for crony capitalism, through which big businesses reap huge riches by virtue of their cozy association with government. Big oil, big car companies, big agrobusinesses, big banks, and big drug corporations are among the legally privileged cronies who are profiting at the expense of […]

Number Of Teens Expecting To Depend On Parents Into Adulthood Has Doubled Since 2011

March 30th, 2013

Via: Consumerist: In what could be an indicator of either a massive drop in teens’ financial prospects or the fact that teens today are getting more realistic about their financial futures, a new survey shows that the percentage of teenagers who expect to remain dependent on mom and/or dad until at least age 27 has […]

Wal-Mart May Get Customers to Deliver Packages to Online Buyers

March 29th, 2013

Via: Reuters: Wal-Mart Stores Inc is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc. Tapping customers to deliver goods would put the world’s largest retailer squarely in middle of a […]

Obama’s Crackdown on Whistleblowers and the NSA-SAIC-Trailblazer Fraud

March 29th, 2013

Via: The Nation: In the annals of national security, the Obama administration will long be remembered for its unprecedented crackdown on whistleblowers. Since 2009, it has employed the World War I–era Espionage Act a record six times to prosecute government officials suspected of leaking classified information. The latest example is John Kiriakou, a former CIA […]

Cyprus Prepares Money Controls Before Banks Reopen

March 27th, 2013

Via: AP: Cypriot authorities are preparing limits on how much money depositors can take out of their accounts a day before banks are set to reopen. A banking official said Wednesday — on condition of anonymity because the measures have yet to be officially announced — that they include restrictions on large-scale money transfers from […]

The Robot Reality: Service Jobs Are Next to Go

March 27th, 2013

Via: CNBC: If you meet Baxter, the latest humanoid robot from Rethink Robotics – you should get comfortable with him, because you’ll likely be seeing more of him soon. Rethink Robotics released Baxter last fall and received an overwhelming response from the manufacturing industry, selling out of their production capacity through April. He’s cheap to […]

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