Archive for the 'Economy' Category
The Death of Paper Money
August 5th, 2010Dying of Money: Lessons of the Great German and American Inflations by Jens O. Parsson: Amazon, HTML, PDF. Via: Telegraph: As they prepare for holiday reading in Tuscany, City bankers are buying up rare copies of an obscure book on the mechanics of Weimar inflation published in 1974. Ebay is offering a well-thumbed volume of […]
Organic Co-Op Rawesome Foods: Security Camera Footage of Police (Guns Drawn) Raid
August 5th, 2010As the state stupidly tries to crush suppliers of delicious, nutritious and safe food, people become radicalized. For our purposes, radicalized means increasingly seeking out and paying cash or bartering for outlaw meat, raw milk, free range eggs, heirloom vegetables, etc. … The person who feels empowered by supplying and/or consuming delicious, nutritious and safe […]
Software for Pentagon Costs Americans Tens of Billions of Dollars Per Year, Winds Up Being Owned by Corporations
August 4th, 2010Would you like some air conditioned tents to go with that? Via: Defense News: The Department of Defense spends tens of billions of dollars annually creating software that is rarely reused and difficult to adapt to new threats. Instead, much of this software is allowed to become the property of defense companies, resulting in DoD […]
American Owner of DC9 Carrying 5.5 Tons of Cocaine Had Been Investigated for Drug Trafficking a Decade Ago
August 4th, 2010Via: Mad Cow Productions: The American owner of record of the DC9 airliner which took off from St Petersburg in April of 2006 and was busted in Mexico carrying an astonishing 5.5 tons of cocaine Mexico had been the subject of a drug trafficking investigation ten years earlier. According to a DEA report on the […]
Criminal Demand For High Denomination Euro Banknotes Saving Eurozone
August 4th, 2010To make their criminal enterprises work, the drug cartels of Mexico need to move billions of dollars across borders. That’s how they finance the purchase of drugs, planes, weapons and safe houses, Senator Gonzalez says. “They are multinational businesses, after all,” says Gonzalez, as he slowly loads his revolver at his desk in his Mexico […]
Russian Wheat Harvest Down Sharply Due to Drought and Fires
August 4th, 2010Via: Kansas City Star: Drought and raging wildfires have destroyed one-fifth of the wheat crop in Russia and sent wheat prices soaring around the world. The fear that Russia, a major wheat producer, will have to cut exports by at least 30 percent is good news for U.S. farmers, who now are getting more money […]
China: Garbage Islands Threaten Three Gorges Dam
August 3rd, 2010Via: Reuters: Thousands of tons of garbage washed down by recent torrential rain are threatening to jam the locks of China’s massive Three Gorges Dam, and is in places so thick people can stand on it, state media said on Monday. Chen Lei, a senior official at the China Three Gorges Corporation, told the China […]
The Aftermath of the Global Housing Bubble Chokes the World Banking System
August 3rd, 2010The U.S. housing bubble was tame compared with several other ones around the world over the same period. Via: Housing Story: What our leaders are doing is correcting a severe cyclical recession. What our reporters are doing is covering a severe cyclical recession. What sublime kabuki theater. Back in the real world, the destruction of […]
Six Month Backlog of Americans Wanting to Renounce Citizenship in Britain
August 3rd, 2010Via: Financial Times: At the US Embassy in London, there is a waiting list that none of the officials likes to discuss. On the list are Americans hoping to give up their citizenship, as they seek shelter from the Internal Revenue Service. … The backlog at the US Embassy, where no appointments are available until […]
Erica Goldson: Coxsackie-Athens Valedictorian Speech 2010
August 2nd, 2010It’s definitely worth clicking through to read the whole thing. Via: America Via Erica: And now here I am in a world guided by fear, a world suppressing the uniqueness that lies inside each of us, a world where we can either acquiesce to the inhuman nonsense of corporatism and materialism or insist on change. […]
