Archive for the 'Economy' Category
Bill Moyers with William K. Black
April 5th, 2009Via: PBS: BILL MOYERS: Is it possible that these complex instruments were deliberately created so swindlers could exploit them? WILLIAM K. BLACK: Oh, absolutely. This stuff, the exotic stuff that you’re talking about was created out of things like liars’ loans, that were known to be extraordinarily bad. And now it was getting triple-A ratings. […]
Rocket Fuel Chemical Found in Baby Formula
April 5th, 2009The unnecessary feeding of formula to infants amounts to yet another corporate social engineering atrocity. Here is a list of conditions that are more likely to affect formula fed babies. The Wikipedia page for infant formula contains bibliographic information on each of these: Digestive/gastrointestinal issues * Appendicitis * Constipation and Anal fissures * Diarrhea * […]
My Manhattan Project: How I Helped Build the Bomb That Blew Up Wall Street
April 4th, 2009Via: New York Magazine: I have been called the devil by strangers and “the Facilitator” by friends. It’s not uncommon for people, when I tell them what I used to do, to ask if I feel guilty. I do, somewhat, and it nags at me. When I put it out of mind, it inevitably resurfaces, […]
G20 Supports IMF’s Plan to Sell 403 Tons of Gold
April 3rd, 2009Via: MarketWatch: Leaders from the Group of 20 nations Thursday endorsed the International Monetary Fund’s plan to sell 403 tons of gold to raise funds to support the world’s poorest countries. The announcement from G20 leaders helped add pressures to Thursday’s gold trading. Gold futures fell $20.30, or 2.2%, to $905.80 an ounce in recent […]
Art Nadel’s ‘Ponzi Pal’ Linked to 5-Ton Coke Bust
April 3rd, 2009Via: Mad Cow Productions: A hedge fund partner of accused Ponzi Fraudster Arthur G. Nadel, the current owner of what used to be terror flight school Huffman Aviation, was well-known in the New York Tri-State area as the “Garbage King of New Jersey,” the MadCowMorningNews has learned. Louis D. Paolino is also involved in the […]
U.S. Unemployment Rate Reaches 25-Year High of 8.5%
April 3rd, 2009To find actual rate, multiply the government number by 2 or 3. Via: Bloomberg: The U.S. unemployment rate jumped in March to the highest level since 1983 as the economy lost 663,000 jobs, threatening to keep spending subdued for months and delay any recovery. The jobless rate increased to 8.5 percent from 8.1 percent in […]
G20, Gordon Brown: “New World Order Is Emerging”; Fox News: The Conspiracy Crazies Were Right
April 3rd, 2009Detroit: To Urban Hunter, Next Meal Is Scampering By
April 2nd, 2009Via: Detroit News: When selecting the best raccoon carcass for the special holiday roast, both the connoisseur and the curious should remember this simple guideline: Look for the paw. “The paw is old school,” says Glemie Dean Beasley, a Detroit raccoon hunter and meat salesman. “It lets the customers know it’s not a cat or […]
City Traders Bet on the Number of G20 Demonstrators Arrested, Injured or Killed
April 2nd, 2009Via: Guardian: At Coq D’Argent, the restaurant atop the distinctive salmon coloured building at Number One Poultry, adjacent to Bank underground station, the bankers appeared slightly drunk on the excitement of the protests down below; basking in the sunshine, ordering wine and necking oysters. Two traders based in an office opposite RBS on Bishopsgate said […]
UN Chief Says Crisis Could Result in Failed States
April 2nd, 2009Parts of the U.S. are nearly there. Look at Flint, Michigan. What’s the solution? A global currency, a New World Order, etc. Yeah, yeah, tell me another one. Via: AFP: UN chief Ban Ki-moon warned Thursday that failing to act to halt the global economic crisis could lead to widespread social unrest and failed states, […]
