Archive for the 'Economy' Category
In March, Food Prices Surged by the Most in 26 Years
April 22nd, 2010Via: AP: Wholesale prices rose more than expected last month as food prices surged by the most in 26 years. The Labor Department said the Producer Price Index rose by 0.7 percent in March, compared to analysts’ forecasts of a 0.4 percent rise. A rise in gas prices also helped push up the index.
Goldman’s Chief Executive Visited the White House at Least Four Times
April 22nd, 2010Lots of Change to discuss? Via: McClatchy: While Goldman Sachs’ lawyers negotiated with the Securities and Exchange Commission over potentially explosive civil fraud charges, Goldman’s chief executive visited the White House at least four times. White House logs show that Chief Executive Lloyd Blankfein traveled to Washington for at least two events with President Barack […]
Goldman Sachs Hires, Gregory Craig, Barack Obama’s Former White House Counsel
April 22nd, 2010Via: Politico: Goldman Sachs is launching an aggressive response to its political and legal challenges with an unlikely ally at its side — President Barack Obama’s former White House counsel, Gregory Craig. The beleaguered Wall Street bank hired Craig — now in private practice at Skadden, Arps, Slate, Meagher & Flom — in recent weeks […]
IEEE: Build Backup Routes for Undersea Communications Infrastructure “Before we have to learn the hard way”
April 21st, 2010Cryptogon Flashback to 2002: Cyberwar: How Terrorists Could Defeat the U.S., and Why They Won’t In the years since I wrote that, I started to think that a massive attack on the physical network infrastructure would make increasing sense to the elite if the financial scams became totally untenable, and the perpetrators needed a distraction […]
The Psychiatric Drugging of Children
April 21st, 2010Via: Counterpunch: Of all the harmful actions of modern psychiatry, “the mass diagnosing and drugging of children is the most appalling with the most serious consequences for the future of individual lives and for society,” warns the world-renowned expert, Dr Peter Breggin, often referred to as the “Conscience of Psychiatry.” “We’re bringing up a generation […]
Britain: Plate Reading Cameras Combined with GPS Will Automatically Issue Speeding Tickets; System Calculates Average Speed Between Two Points in ‘SpeedSpike’ Network
April 20th, 2010Via: Telegraph: A new type of speed cameras which can use satellites to measure average speed over long distances are being tested in Britain. The cameras, which combine number plate reading technology with a global positioning satellite receiver, are similar to those used in roadworks. The AA said it believed the new system could cover […]
Top Contributors: Presidential Candidate Barack Obama
April 20th, 2010Via: OpenSecrets: This table lists the top donors to this candidate in the 2008 election cycle. The organizations themselves did not donate , rather the money came from the organization’s PAC, its individual members or employees or owners, and those individuals’ immediate families. Organization totals include subsidiaries and affiliates. Because of contribution limits, organizations that […]
Janet Tavakoli: Did Goldman Sachs Commit Fraud?
April 20th, 2010Via: Jesse’s Café Américain: Yes. The only thing that was surprising how long the SEC took to do it. The complaint does not go quite far enough. It was a blatant fraud, more than just a failure to disclose information. And this may be the beginning of a lot of questions about a lot of […]
Elliot Spitzer: “There are no coincidences in this world. None.”
April 20th, 2010Update: AIG-Goldman Sachs Trades Should Be Probed by SEC, Cummings Says Via: Business Week: The regulator suing Goldman Sachs Group Inc. for fraud should widen its probe to determine whether securities backed by bailed-out insurer American International Group Inc. were improperly created, said two lawmakers. It is “not beyond the realm of comprehension” that Goldman […]
Poll: Four Out of Five Americans Don’t Trust Washington; One Third View Government as Major Threat
April 19th, 2010Via: AFP: Nearly one out of three Americans view the US government as a “major threat” to their freedoms, and four out of five say they don’t trust Washington to solve their problems, according to a new poll out Monday. Just 19 percent say they are “basically content” with the federal government, against 56 percent […]
