Archive for the 'Economy' Category
Goldman Sachs Creates Private Stock Exchange for Unregistered Securities, Clients with $100 Million Minimum
May 24th, 2007This is an absolutely astonishing development! People will be able to make careers out of untangling this octopus, if, of course, they’re willing to take their lives in their hands to investigate what is actually happening within this den of villainy, and the actual sources of the money involved. When you consider what goes on […]
Opium: Iraq’s Deadly New Export
May 24th, 2007A week in the life of the Global Black Ops Economy / War on Terror: On Monday, Wednesday and Friday, it’s about a generalized shakedown resulting in bogus contracts to criminal corporations. On Tuesday and Thursday, it’s about oil. On Saturday and Sunday, it’s about drugs. Everything that happens on Tuesday, Thursday, Saturday and Sunday […]
KUWAIT FORCED TO END LINK WITH U.S. DOLLAR
May 21st, 2007Via: Telegraph: Kuwait has surrendered to speculators by breaking the tie with the dollar in a move that has dismayed Arab oil producers and will have a knock-on effect in currency markets today. The Gulf oil state said it had been forced to end the link and tie the dinar to a basket of currencies […]
Why the U.S. Doesn’t Stop Importing Tainted Food from China
May 21st, 2007Always low prices. Always. At least a crock of shit would be useful. You can compost it and put it on your garden. “Typical Americans” are nourished on increasing amounts of petroleum, empty calories and toxic slag from slave labor camps in China. I wouldn’t allow what “typical Americans” are eating everyday into my compost […]
Real Estate: It’s Not That Bad, It’s Worse
May 19th, 2007Via: Big Picture: Closing Data: Sales have actually fallen 22% year-over-year, based on comparing trailing 12 month periods. If you compare year over year sales, the decline is even more severe. Mortgage Bankers Association (MBA) Data: MBA Seasonally Adjusted Purchase Application Index is down 18% from its peak in September 2005. Builder Data: D.R. Horton […]
Russian Authorities Sue Bank of New York for $22.5 Billion
May 18th, 2007How many corpses will be hitting the deck over this? Via: International Herald Tribune: The Russian Federal Customs Service is seeking $22.5 billion in damages from the Bank of New York, which it accuses of money laundering in the 1990s. The bank “committed violations of Russian law that resulted in damages of $22.5 billion to […]
Housing Glut: From Bad to Worse
May 18th, 2007Nice! Via: CNN: The number of homes for sale in major markets ballooned in April, according to a new industry report, adding further evidence that the U.S. housing slump is still trying to find a bottom. In April, there were 743,367 existing house and condo properties listed for sale in the 18 major metro areas […]
I’m Nibbling at Some Gold in Here
May 18th, 2007WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Gold got slammed. Why? Let me consult my Magic 8-Ball… Sure, there’s dollar rebound news, but my guess is that guys needed to buy oil, and since it gapped up, they had to swap some paper gold for black gold. I […]
Buy Companies with High Customer Satisfaction Scores?
May 18th, 2007WARNING: This is not a recommendation to buy, sell or hold any financial instrument. As you know, I don’t hold any stocks or paper based investments of any kind (outside of cash, which is a gamble). I realize, however, that many of you feel as though you must continue to play these paper games for […]
The Poverty Business
May 17th, 2007This reads like another evil-corporations-fleecing-ignorant-poor-people article, and it is, but it’s a huge mistake to think that the poor mindset only affects poor people. I know people who make a quarter of a million dollars per year who live week to week and are always struggling for more. I also know people who have declared […]
