Archive for the 'Economy' Category
Fed May Give Loans to IMF to Help Euro Zone
December 5th, 2011Meh, what’s another couple of trillion dollars between friends… Via: Reuters: The Federal Reserve, along with the 17 euro zone national central banks, may help provide the International Monetary Fund with funds that could be used to aid debt-ridden states, a German newspaper said. Die Welt cited sources close to the negotiations as saying the […]
Division of Cerberus Capital Management Buying Large U.S. Firearms Companies
December 5th, 2011Via: New York Times: LINED up in a gun rack beneath mounted deer heads is a Bushmaster Carbon 15, a matte-black semiautomatic rifle that looks as if it belongs to a SWAT team. On another rack rests a Teflon-coated Prairie Panther from DPMS Firearms, a supplier to the United States Border Patrol and security agencies […]
DEA Launders Mexican Profits of Drug Cartels
December 4th, 2011Via: New York Times: Undercover American narcotics agents have laundered or smuggled millions of dollars in drug proceeds as part of Washington’s expanding role in Mexico’s fight against drug cartels, according to current and former federal law enforcement officials. The agents, primarily with the Drug Enforcement Administration, have handled shipments of hundreds of thousands of […]
New Zealand Government Wants to Rein In Access to Raw Milk
December 4th, 2011New Zealand is a company town and that company is Fonterra. It makes them insane knowing that farmers are cutting them out of the equation by selling directly to consumers. Other parasitic middlemen (the diabolical Foodstuffs and Woolworths duopoly) are cut out of the deal when people buy goods directly from farmers. In short, farmers […]
Black Friday Best-Seller: Guns
December 3rd, 2011Via: ABC News: Americans were big spenders on Black Friday–especially on guns. Numbers from the Federal Bureau of Investigation show an all-time one-day high for background check requests from gun buyers last Friday. There were 129,166 requests to the National Instant Criminal Background Check System (NICS)–a third more than the previous record of 97,848 on […]
Wall Street’s “Secret Government”
December 2nd, 2011Via: Alternet: We now have concrete evidence that Wall Street and Washington are running a secret government far removed from the democratic process. Through a freedom of information request by Bloomberg News, the public now has access to over 29,000 pages of Fed documents and 21,000 additional Fed transactions that were deliberately hidden, and for […]
Armed U.S. Police Officers Will Be Allowed to Operate in Canada
December 1st, 2011Via: The Star: Armed U.S. police officers will for the first time be allowed to operate in Canada along with the RCMP as part of far-reaching changes in Canadian-American border operations to be unveiled next week by Prime Minister Stephen Harper and President Barack Obama. The joint action plan to be announced at the White […]
Movers, Deputies Refuse to Evict 103-Year-Old Woman
December 1st, 2011Via: WSBTV: A 103-year-old woman and her 83-year-old daughter were just moments from being evicted from their home Tuesday, when sheriff’s deputies and the moving company hired by the bank decided not to go through with the action. Channel 2’s Ryan Young was there when the family started thanking God for the miracle. At just […]
Foreclosure Fraud Whistleblower Found Dead
November 30th, 2011Via: MSNBC: A notary public who signed tens of thousands of false documents in a massive foreclosure scam before blowing the whistle on the scandal has been found dead in her Las Vegas home. NBC station KSNV of Las Vegas reported that the woman, Tracy Lawrence, 43, was scheduled to be sentenced Monday morning after […]
Paulson Gave Hedge Fund Managers Inside Information
November 30th, 2011Mmm hmm. Via: Bloomberg: On the morning of July 21, before the Eton Park meeting, Paulson had spoken to New York Times reporters and editors, according to his Treasury Department schedule. A Times article the next day said the Federal Reserve and the Office of the Comptroller of the Currency were inspecting Fannie and Freddie’s […]
