Archive for the 'Economy' Category

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Farmageddon

June 9th, 2011

Via: Farmageddon: Farmageddon Trailer from Kristin Canty on Vimeo. Research Credit: R

Surprise: Cost of War in Libya Exceeding Estimates

June 9th, 2011

Via: Financial Times: US military operations in Libya are on course to cost hundreds of millions of dollars more than the Pentagon estimated, according to figures obtained by the Financial Times. Robert Gates, the outgoing secretary of defence, said last month that the Pentagon expected to spend “somewhere in the ball park of $750m” in […]

Why Is The Federal Government Running Ads Secretly Created & Owned By NBC Universal?

June 9th, 2011

Via: Tech Dirt: We certainly suspected this when New York City first announced that it was running a series of silly and misleading videos as part of a media campaign to “Stop Piracy in NYC,” but now it’s been confirmed that these videos were not, in fact, New York City’s, but are purely NBC Universal’s. […]

Corn at Three-Year High as USDA Slashes Inventory Estimates

June 9th, 2011

This is pretty grim, considering that much of what Americans eat is corn, in one form or another. Via: Bloomberg: Corn jumped to the highest in almost three years after the U.S. Department of Agriculture forecast tighter supplies, as adverse weather hurt crops. U.S. stockpiles before the start of the 2012 harvest may fall to […]

The Biggest Bank in France Has Suddenly Cut ATM Daily Cash Access Limit in Half

June 9th, 2011

Via: Max Keiser: I just got off the phone with Pierre Jananovic . . . La Banque Postale has lowered the limits on the amounts of cash customers can withdraw per week by 50%. First of all, for you Americans and Brits, the way France works its banking system – customers are limited to how […]

Japan: High Radiation on the Ground in Tokyo

June 9th, 2011

Definitely see: Interview: Arnie Gundersen Talks About Radioactive Dust from Fukushima in Seattle. Via: YouTube: Another beautiful day in Japan, I am 135 miles / 220 Km south of Fukushima, on the outskirts of the Tokyo area. It is Tuesday, June 7th, as you can see in the video, I just walk outside of my […]

Saudi Regime Delays Revolution with Payouts

June 9th, 2011

Via: New York Times: As one nation after another has battled uprisings across the Arab world, the one major country spared is also its richest — Saudi Arabia, where a fresh infusion of money has so far bought order. The kingdom is spending $130 billion to pump up salaries, build housing and finance religious organizations, […]

Telecom New Zealand Overcharging: Contact the Commerce Commission

June 9th, 2011

Reminder to those in New Zealand who are battling Telecom’s swindling: Gather all of your information and send it to the Commerce Commission. Via: New Zealand Herald: Telecom can’t count and could be overcharging thousands of customers’ broadband accounts. That’s the message from some customers who are complaining Telecom has been over-counting their broadband usage […]

Poll: 48% of Americans Say That Another Great Depression Is Likely to Occur in the Next Year

June 8th, 2011

Via: CNN: Forty-eight percent say that another Great Depression is likely to occur in the next year – the highest that figure has ever reached. The survey also indicates that just under half live in a household where someone has lost a job or are worried that unemployment may hit them in the near future. […]

And Now… Obama Pledges Help for Greek Bailout

June 8th, 2011

Via: CNBC/Reuters: President Barack Obama on Tuesday urged European countries and bondholders to prevent a “disastrous” default by Greece and pledged U.S. support to help tackle the country’s debt crisis. Obama, whose political prospects have suffered from persistently high unemployment and ballooning U.S. debt, has pinpointed the euro zone crisis as one foreign “headwind” hitting […]

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