Archive for the 'Economy' Category
George Soros Openly Discusses the New World Order
January 5th, 2011Via: Financial Times / YouTube / InfowarsCanada:
Why Bank of America Must Be Thrilled to Pay a $3 Billion Penalty
January 5th, 2011Via: The Atlantic: Some people who aren’t familiar with the mortgage market might have gasped as they read the news that Bank of America would pay $3 billion to government-sponsored mortgage companies Fannie Mae and Freddie Mac. After all, $3 billion sounds like a lot of money. “Maybe BOA is finally getting what it deserves,” […]
Molycorp to Become the First U.S. Source of Rare Earth Elements in Over a Decade
January 4th, 2011Via: MIT Technology Review: Molycorp has secured the permits and funding needed to restart production at a mine in Mountain Pass, California, that would become the first U.S. source of rare earth elements in more than a decade. The mine is one of the world’s richest deposits of these elements, which are critical for making […]
Lockheed Martin’s ‘Got Their Fingers Everywhere’; Firm Costs Each U.S. Taxpaying Household $260 Per Year
January 4th, 2011Fingers… or tentacles? Via: Yahoo / Tech Ticker: That’s been the key question asked of Wall Street’s biggest banks since the September 2008 collapse of Lehman Brothers, which sent shock waves through the global financial system and led to the worst recession this country has seen since the Great Depression. But, there is another firm […]
Italian Banks Upset with Level of Cash Use; Underground Economy 22% of GDP
January 4th, 2011Via: Reuters: The Italian Banking Association has declared “war on cash” in a country where credit-card usage is less than half the European Union average, according to the Bank of Italy. The association, known by its Italian acronym ABI, says it costs banks and companies as much as 10 billion euros ($13.3 billion) a year […]
Recovery: Consumer Bankruptcies Highest in Five Years
January 4th, 2011Via: Reuters: The number of U.S. consumers who filed for bankruptcy protection in 2010 was the highest in five years, and the figure could rise as Americans struggle with excess debt in an uncertain economy, a report issued Monday said. Roughly 1.53 million consumer bankruptcy petitions were filed in 2010, up 9 percent from 1.41 […]
Sweetos: Neotame Artificial Sweetener in Feed Approved for Organic Livestock; No Labeling Disclosure Required
January 4th, 2011Via: Farm Wars: Just when we thought that buying “Organic” was safe, we run headlong into the deliberate poisoning of our organic food supply by the FDA in collusion with none other than the folks who brought us Aspartame. NutraSweet, a former Monsanto asset, has developed a new and improved version of this neurotoxin called […]
European Nations Begin Seizing Private Pensions
January 4th, 2011Via: Christian Science Monitor: Hungary, Poland, and three other nations take over citizens’ pension money to make up government budget shortfalls. People’s retirement savings are a convenient source of revenue for governments that don’t want to reduce spending or make privatizations. As most pension schemes in Europe are organised by the state, European ministers of […]
Britain: Whitehall Policy Unit Dreaming Up Psychological Tricks to Alter Behavior; Default Policy Options for Passive Citizens to Bring About ‘Benevolent Outcomes’
January 3rd, 2011Ahh, the diabolical Cass Sunstein is in the news again. You’ll love this. Via: Independent: The public will have “social norms” heavily emphasised to them in an attempt to increase healthy eating, voluntary work and tax gathering. Appeals will be made to “egotism” in a bid to foster individual support for the Big Society, while […]
Japan: Nanotech Team Creates Palladium-Like Alloy
January 3rd, 2011Via: PhysOrg: Japanese researchers have created an alloy with properties similar to palladium, a precious metal used in many high-tech goods, a news report said Thursday, dubbing the breakthrough “present-day alchemy”. Kyoto University professor Hiroshi Kitagawa and his team said they used nano-technology to combine rhodium and silver, elements which do not usually mix, to […]
