Archive for the 'Economy' Category
Police Called After Man Butchers Cow in His Driveway
September 8th, 2011A man takes sane action and hordes of bureaucrats deliberate the many “possibilities” of charges he should face. Disclosure: We have our cows slaughtered in our driveway. Via: Standard Examiner: Charges may ensue for an Ogden man who startled the neighbors by butchering a cow in his driveway over the weekend. Police were called to […]
Ikea Used East German Political Prisoners as Slave Labor to Manufacture Furniture
September 7th, 2011Via: Telegraph: Swedish retail giant Ikea used political prisoners in East Germany as “slave labour” to make furniture, secret police files unearthed by a German broadcaster appear to show. Ikea developed strong links with the communist state in the 1970s, opening a number of manufacturing facilities, one of which, according to Stasi records discovered by […]
FedEx and Pepsi Are Top Defense Contractors? 5 Corporate Brands Making a Killing on America’s Wars
September 7th, 2011Via: AlterNet: Chances are, if you’ve ever sent a package overnight, bought a PC or a can of soda, you’ve paid your hard-earned money to a major Pentagon contractor. While large defense corporations that make fighter jets and armored vehicles garner the most attention, tens of thousands of “civilian” companies, from multi-national corporations hawking toothpaste […]
Gold
September 7th, 2011Warning: This is not a recommendation to buy, sell, or hold any financial instrument. Short termers: Get ready to lock it in, hedge it, pare it down, close it out, etc. etc. going into that high. —Gold Filling the Gap Here’s a picture perfect price/RSI divergence double top at a record high. This is a […]
20 Quotes From European Leaders That Prove That They Know That The Financial System In Europe Is Doomed
September 7th, 2011Via: Economic Collapse Blog: The financial crisis in Europe has become so severe that it has put the future of the euro, and indeed the future of the EU itself, in doubt. If the financial system in Europe collapses, it is going to plunge the entire globe into chaos. … If we see nations such […]
Switzerland Caps Value of Franc
September 7th, 2011Via: Bloomberg: Switzerland opened a new round in a global currency war as fading economic growth forces policy makers to step up efforts to spur expansion. The Swiss National Bank’s decision yesterday to cap the franc’s rate for the first time since 1978 marked a bid to protect trade hurt by the currency that last […]
A 20-Square-Mile Model of a Small U.S. City Will be Built in New Mexico to Test New Technologies
September 7th, 2011Via: Salon: New Mexico, home to several of the nation’s premier scientific, nuclear and military institutions, is planning to take part in an unprecedented science project — a 20-square-mile model of a small U.S. city. A Washington, D.C.-based technology company announced plans Tuesday to build the state’s newest ghost town to test everything from renewable […]
Working-Age Poor Population Highest Since ’60s
September 7th, 2011Via: AP: Working-age America is the new face of poverty. Counting adults 18-64 who were laid off in the recent recession as well as single twenty-somethings still looking for jobs, the new working-age poor represent nearly 3 out of 5 poor people — a switch from the early 1970s when children made up the main […]
More Restaurants Are Targeting Customers Who Use Food Stamps
September 7th, 2011State sponsored transfats, sawdust, sugar, salt and high fructose corn syrup. The Way It Could Be: Urban Farming Guys Via: USA Today: The number of businesses approved to accept food stamps grew by a third from 2005 to 2010, U.S. Department of Agriculture records show, as vendors from convenience and dollar discount stores to gas […]
Gold Gap Closed, Make or Break
September 6th, 2011Warning: This is not a recommendation to buy, sell or hold any financial instrument. Update: Spot Gold New Record High Prints $1913.05 intraday. —End Update— Update: Dollar and Gold Moving Up Together Just a quick note to let you know that today’s gold move is a result of the chaos in Europe. There is still […]
