Archive for the 'Economy' Category
Against the Institution: A Warning for ‘Occupy Wall Street’
October 6th, 2011Via: Andrew Gavin Marshall: While I fully endorse the efforts and actions of the Occupy Wall Street protests, now emerging internationally, there are concerns which need to be addressed and kept in mind as the movement moves forward. The process through which a potentially powerful movement may be co-opted and controlled is slight and subtle. […]
Flashback: Citigroup Plutonomy Memos
October 6th, 2011I was pretty sure that I’d posted these long ago, but I’m not finding them in my archives. In short: The rich are getting richer, so Citi advised buying a basket of stocks of companies that cater to very wealthy people. Via: Monkeyfister: …the rich are the dominant source of income, wealth and demand in […]
Geek Fight Club
October 5th, 2011Uppercut from California is a place. on Vimeo.
‘Sesame Street’ Unveils Muppet to Teach Kids About Hunger
October 5th, 2011Via: Entertainment Weekly: Sesame Street has a new muppet who is hungry for more than just cookies. The iconic kids show is set to unveil a new impoverished puppet named Lily, whose family faces an ongoing struggle with hunger issues. Lily will be revealed in a one-hour Sesame Street primetime special, Growing Hope Against Hunger, […]
Italy Downgraded Three Notches
October 5th, 2011Via: Guardian: Italy’s sovereign debt rating has been cut for the second time in as many weeks, with ratings agency Moody’s citing “sustained and non-cyclical erosion of confidence” as it slashed its forecast for the country. In a report released after US stock markets closed on Tuesday, Moody’s downgraded Italy’s government bond ratings from Aa2 […]
Introducing Siri: DARPA’s Ghost in Apple’s Machine
October 5th, 2011So their eyes are growing hazy cos they want to turn it on so their minds are soft and lazy, well… give em what they want —10,000 Maniacs – Candy Everybody Wants One of the stocks that I used to kick around in the 1990s was that of a now long dead company called General […]
Afghan Yuppies Get Rich On Ten Years of War
October 4th, 2011Via: AFP: “Business is booming, I have made good profits since the Taliban were ousted,” said a smiling Sayed Habib as he showed Western dresses to young women in one of Kabul’s glitziest shopping malls. Habib, 34, is one of a new generation of rich young Afghans driving flashy cars and wearing designer labels who […]
Greece Falls Into ‘Death Spiral’: Rising Debt, No Growth
October 4th, 2011Greece just needs a central bank and an international community who will look the other way when it buys hundreds of billions of dollars of its own debt. Thousands of nuclear warheads, and a vast network of military bases around the world would also help. But substitute the word Greece with America anyway. The economic […]
Putin Wants to Build ‘Eurasian Union’
October 4th, 2011Via: Reuters: Russia’s Prime Minister Vladimir Putin said he wants to bring ex-Soviet states into a “Eurasian Union” in an article which outlined his first foreign policy initiative as he prepares to return to the Kremlin as the country’s next president. Putin said the new union would build on an existing Customs Union with Belarus […]
Koch Industries: A Global Menace
October 3rd, 2011Just another day at the office. Via: Business Insider: A just-published bombshell article in the November issue of Bloomberg Markets magazine implicates Koch Industries, the company controlled by Republican mega-donors Charles and David Koch, in dozens of criminal acts around the globe over the past three decades. According the report, company officials have been caught […]
