Archive for the 'Economy' Category
Hyperinflation: Fed Walks the Tightrope
July 30th, 2009Great followup to: Kucinich: The Federal Reserve Is Paying Banks NOT to Make Loans. Via: Reuters: The sound money set remains concerned that the Federal Reserve’s emergency actions to corral collapse could ignite hyperinflation. In particular, they point to the explosion of excess reserves inside the banking system, which they call dry tinder just waiting […]
The Real Unemployment Rate Hits a 68-Year High
July 28th, 2009Via: Dollars and Sense: The comprehensive U-6 unemployment rate adjusts the official rate by adding marginally attached workers and workers forced to work part time for economic reasons to the officially unemployed. To find the U-6 rate the BLS takes that higher unemployment count and divides it by the official civilian labor force plus the […]
Kucinich: The Federal Reserve Is Paying Banks NOT to Make Loans
July 28th, 2009What would happen if the banks did lend out that money? Inflation would explode and the Chinese would spit the dummy: China’s government remains “concerned” about the value of its U.S. assets, a Finance Ministry official said on the first day of bilateral talks with his counterparts in Washington. “China has a huge amount of […]
LEAKED PHONE CONVERSATION: DICK WEIR, CEO OF EESTOR, WORKED FOR CIA ON A “CHIP THAT WENT INTO DEEP SPACE”; “THEY CAME AND RECRUITED ME”; CIA TOLD HIM TO GO TO LOCKHEED MARTIN WITH ULTRA CAPACITOR TECHNOLOGY; DARPA HAS BEEN INVOLVED
July 27th, 2009EEstor is a “connected” front for the release of military technology into the private sector. —EEstor: More Clues Emerge I first theorized that EEstor was connected to the Black World in 2006. Now, thanks to an astonishing leak of a private telephone conversation, you can hear Dick Weir, the CEO of EEstor, talking about how […]
Government Swine Flu Advisor On Vaccine Maker Payroll
July 27th, 2009Via: Infowars: Many people seem genuinely baffled that western governments are hyping the arrival of a swine flu pandemic as if it’s the greatest threat to humanity since the bubonic plague, despite the relatively low number of deaths from the virus, unaware that the pharmaceutical industry has been intimately joined at the hip with the […]
Britain: GM Crops Grown in Secret
July 27th, 2009Via: Telegraph: Genetically-modified crops are being grown in Britain for the first time in a year after controversial trials of the plants were “secretly” restarted. Cultivation of a field of potatoes designed to be resistant to pests were abandoned over a year ago when environmental protesters ripped up the crop But, without alerting the public […]
British Economic Collapse Rivals Great Depression
July 27th, 2009Via: Telegraph: Economic output shrank by 5.6pc in the 12 months to the middle of the year, according to official figures which shattered hopes that the recovery has already begun. The Office for National Statistics said that Britain’s gross domestic product (GDP) contracted by 0.8pc in the second quarter, following the unprecedented 2.4pc fall in […]
The Stealth of Starbucks
July 27th, 2009This worked pretty well for the Organic© industrial complex, maybe it will work for Starbucks. Although, “debranding” didn’t go so well for my last employer. The mothership is dead now. Via: Guardian: Starbucks’ new stealth strategy sees it “rebranding”, or de-branding, stores to give them different names and more local “community personality”. A victim of […]
How to Sell a $35,000 Watch to a Man in a Recession: Blow Smoke Up His Bum, Distract His Wife, Offer Tchotchkes
July 24th, 2009This article is so hilarious and ridiculous that I couldn’t resist posting it. Via: Wall Street Journal: Mr. Brücker looked the part of a luxury customer, wearing Car Shoe moccasins and an IWC Big Pilot watch, which has shock absorbers to help it keep time under rough flying conditions. He used PowerPoint to impart what […]
U.S. Firm Looking to Purchase New Zealand’s Most Strategic Asset
July 24th, 2009I’ve said it before and I’ll say it again: I don’t know who’s behind the wheel of this thing, but it’s not Kiwis. There is some kind of insidious, international banking octopus thing happening here. New Zealand politicians are selling their own country out to a global criminal elite that is going to eat this […]
