Archive for the 'Economy' Category
‘Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs?’
April 13th, 2011Via: Rolling Stone: But if you want to get a true sense of what the “shadow budget” is all about, all you have to do is look closely at the taxpayer money handed over to a single company that goes by a seemingly innocuous name: Waterfall TALF Opportunity. At first glance, Waterfall’s haul doesn’t seem […]
iPads Take a Place Next to Crayons in Kindergarten
April 13th, 2011The elite want to liquify your child’s brain, squirt it into a plastic tube, package it up and route it to their private prisons, wars for resources, and dead end cubicles. This process should be automated to the extent possible. Here’s a visual representation of what public education has become: Via: AP: Kindergarten classes are […]
Chinese Mining Operations in Australia
April 12th, 2011So it goes… Via: Guardian: China is leasing huge areas of land in Australia to secure a vital source of mineral resources, the latest sign of its acquisitive approach to the commodities trade. No longer satisfied with buying iron ore and coal from Australian mining companies, Rio Tinto and BHP Billiton, China is developing its […]
GMOs Linked to Organ Disruption in 19 Studies
April 11th, 2011Via: Institute for Responsible Technology: A new paper shows that consuming genetically modified (GM) corn or soybeans leads to significant organ disruptions in rats and mice, particularly in livers and kidneys. By reviewing data from 19 animal studies, Professor Gilles-Eric Séralini and others reveal that 9% of the measured parameters, including blood and urine biochemistry, […]
The Hidden Job Crisis for American Men
April 11th, 2011Recovery. Via: Business Week: The March jobs report released on Apr. 1 seemed like the best in years. Labor Secretary Hilda L. Solis released a statement noting that the four-month drop in the jobless rate, to 8.8 percent from 9.8 percent, was “its largest decline since 1984.” Behind the headlines, though, statistics on jobs are […]
Iceland: Voters Reject Icesave Payback Referendum
April 11th, 2011I’m sure this situation isn’t going unnoticed in Greece, Ireland and Portugal. Via: CityWire: Britain and the Netherlands plan to sue Iceland for €4 billion (£3.5 billion) paid to Icesave depositors after the country voted against the payment of the money for a second time in a referendum. Almost 60% of Icelanders voted against a […]
Japan: 7.1 Magnitude Earthquake in Fukushima
April 11th, 2011Via: BBC: A powerful earthquake has hit north-east Japan, exactly one month after the devastating earthquake and tsunami. The 7.1-magnitude tremor triggered a brief tsunami warning, and forced workers to evacuate the crippled Fukushima nuclear plant. The epicentre of the quake was in Fukushima prefecture, and struck at a depth of just 10km (six miles). […]
Bill Gross: Skunked
April 11th, 2011Via: Pimco: …the true but unrecorded debt of the U.S. Treasury is not $9.1 trillion or even $11-12 trillion when Agency and Student Loan liabilities are thrown in, but $65 trillion more! This country appears to have an off-balance-sheet, unrecorded debt burden of close to 500% of GDP! … …the only way out of the […]
China’s Ghost Cities
April 11th, 2011Madness on afterburner, comrade. Via: Dateline: Vast new cities of apartments and shops are being built across China at a rate of ten a year, but they remain almost completely uninhabited ghost towns. It’s all part of the government’s efforts to keep the economy booming, and there are many people who would love to move […]
Emails About Oil
April 11th, 2011WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Once again, please refer to my previous posts that warned about what’s happening now: There’s no good resistance until the $140 zone, where the previous high is. Now, if oil closes the gap, going for the previous high, it will mean […]
