Archive for the 'Economy' Category
U.S. Scientist Retracts Assurances Over Success of Gulf of Mexico Cleanup
August 21st, 2010Via: Guardian: White House claims that the worst of the BP oil spill was over were undermined yesterday when a senior government scientist said three-quarters of the oil was still in the Gulf environment and a research study detected a 22-mile plume of oil in the ocean depths. Bill Lehr, a senior scientist at the […]
SEC Charges New Jersey with Securities Fraud
August 21st, 2010You’ll love the penalty: “The state was not required to pay any civil fines or penalties, but ordered to cease and desist from future violations.” Via: Reuters: U.S. regulators said on Wednesday they charged New Jersey with securities fraud for not disclosing to municipal bond investors that it was underfunding its pensions. New Jersey, the […]
Nearly 50 Percent Leave Obama Mortgage-Aid Program
August 20th, 2010Oh man, what a cluster f*@#. Via: AP: Nearly half of the homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen out. A new report issued Friday by the Treasury Department said that approximately 630,000 people who had tried to get their monthly mortgage payments lowered through the effort have been cut […]
Gerald Celente on Goldseek Radio
August 20th, 2010McDonald’s Sells Yuan Bonds in Hong Kong, First by Foreign Firm
August 19th, 2010Via: Bloomberg: McDonald’s Corp., the world’s largest restaurant chain, became the first foreign non-financial company to sell yuan-denominated bonds in Hong Kong. McDonald’s, based in Oak Brook, Illinois, sold 200 million yuan ($29 million) of 3 percent notes due in September 2013, offer manager Standard Chartered Plc said in an e-mailed statement today. The issue […]
The Purpose Behind Engineered Economic Collapse
August 19th, 2010Via: Neithercorp: When one understands how Elites view economy, and realizes their primary motivations, the fact that they purposely triggered a collapse is perfectly logical. Nothing besides all out war inspires more fear and desperation in a society than a financial upheaval. Such elements on a mass scale allow changes in our collective psychology that […]
Recovery: Jobless Claims in U.S. Rose to Highest Level Since November
August 19th, 2010Via: Bloomberg: Applications for unemployment benefits in the U.S. unexpectedly increased last week to the highest level since November, showing companies are stepping up the pace of firings as the economy slows. Initial jobless claims rose by 12,000 to 500,000 in the week ended Aug. 14, Labor Department figures showed today in Washington. Claims exceeded […]
Mumpreneurs Mind Store from Home
August 18th, 2010I had to laugh because my wife’s water kefir (and other fermentable cultures) business is doing great! Via: NZ Herald: Businesses started from home by new mums are a growth sector. Online selling has provided the springboard for products designed or made by new mums and demographic changes have also boosted them. They’ve been given […]
85% of Big Pharma’s New Drugs Are “Lemons” and Pose Health Risks to Users
August 18th, 2010Via: Natural News: …The problems with Big Pharma’s hugely hyped medications are far worse than most people have even dreamed. Independent reviewers found that about 85 percent of new drugs offer few if any new benefits — but they carry the risk of causing serious harm to users. According to Donald Light, Ph.D., a professor […]
Dock Owners Asking Fishermen to Sign Waiver Stating That They Would be Responsible for Contaminated Fish?
August 18th, 2010I’m not able to find any confirmation on this one, but here it is, just in case. See Kindra Arnesen at seven minutes in: Related: projectgulfimpact.org
