Archive for the 'Economy' Category
Conspiracy of Silence
September 13th, 2011Via: YouTube: Related: The Franklin Cover-up: Child Abuse, Satanism, and Murder in Nebraska by John W. DeCamp
CIA Wants Court to Invoke Classified Information Procedures Act (CIPA) in Case Involving Jesus Vicente Zambada Niebla
September 13th, 2011Via: Narco News: The fingerprints of the CIA have surfaced in a controversial federal criminal case pending in Chicago against Jesus Vicente Zambada Niebla, an alleged kingpin in the Sinaloa “drug cartel.” US government prosecutors filed pleadings in the case late last week seeking to invoke the Classified Information Procedures Act (CIPA), a measure designed […]
More Evidence of Economic Recovery: Bank of America Will Eliminate 30,000 Jobs, Largest Cut by a U.S. Company This Year
September 13th, 2011Via: AP: Bank of America is slashing 30,000 jobs as part of an effort to reverse a crisis of confidence among investors. It’s the largest single job reduction by a U.S. company this year. What CEO Brian Moynihan is trying to do is nothing less than save the nation’s largest bank. Investors have cut the […]
Court Approves Lawsuit Against Toyota Over Cyberstalking Ad Stunt
September 13th, 2011This is definitely one for your Not The Onion file folder. Via: Wired: A woman who was targeted by Toyota in a creepy, stalker-themed online advertising stunt will be allowed to sue the company, despite the carmaker’s argument that she unknowingly agreed to the whole thing. Amanda Duick sued Toyota in 2009 over its intrusive […]
Fast and Furious: ‘Keep Selling, They Told Him’
September 12th, 2011Via Los Angeles Times: In the fall of 2009, ATF agents installed a secret phone line and hidden cameras in a ceiling panel and wall at Andre Howard’s Lone Wolf gun store. They gave him one basic instruction: Sell guns to every illegal purchaser who walks through the door. For 15 months, Howard did as […]
New Jersey: Tent City
September 12th, 2011Lots of pictures of the ongoing ‘Economic Recovery’ at the link. Via: Business Insider: Tent City made the news recently and while community leader Steven Brigham says the media attention brought in greater donations, it also brought unwanted attention from the local politicians. After battling with the city for years to have access to the […]
German Minister Mentions Possibility of ‘Orderly Default’ for Greece
September 12th, 2011I don’t know how this could down in an “orderly” way. Via: Telegraph: Philipp Roesler, Germany’s economy minister, said an “orderly default” for Greece could no longer be ruled out and branded the country’s deficit-reduction measures “insufficient”. The warning is likely to spook financial markets further and comes despite Greece yesterday announcing a fresh €2bn […]
France’s Largest Banks Might Be Downgraded Next Week
September 11th, 2011Via: Bloomberg: BNP Paribas (BNP) SA, Societe Generale SA and Credit Agricole SA (ACA), France’s largest banks by market value, may have their credit ratings cut by Moody’s Investors Service as soon as this week because of their Greek holdings, two people with knowledge of the matter said. Moody’s placed the three banks’ ratings on […]
33 Percent of Americans Raised Middle Class Move Downward as Adults
September 9th, 2011The report doesn’t mention people who were raised in middle class households and consciously, voluntarily moved downward. *wink* My family of four is severely poor, according to the definitions in the report (and by New Zealand definitions), but we’re far better off than some people we know who are making several multiples of what we […]
And Now… A 50-Year Bond?
September 8th, 2011Check Kiting: Check kiting is the illegal act of taking advantage of the float to make use of non-existent funds in a checking or other bank account; it is a form of check fraud. It is commonly defined as intentionally writing a check for a value greater than the account balance from an account in […]
