Archive for the 'Economy' Category
The New PSYOP Payload: Bird Flu and the Collapse of the Internet
February 14th, 2007I’m still paying attention to the fallout from the incident involving the root DNS nodes. In the course of following that story, I came across the Strong Angel III operation, which proposed a scenario involving a pandemic avian flu outbreak with follow-on strategic information warfare attacks. Today, Slashdot linked to a story from last June […]
The Untold Story of Milk
February 9th, 2007Oh man, I can’t wait to get this: The Untold Story of Milk: Green Pastures, Contented Cows and Raw Dairy Products by Ron Schmid. Via: Amazon Reviewer: Milk is bad for you. No mammal needs milk after being weaned. Raw milk is dirty, dangerous, and a major health hazard. Only pasteurized milk is clean and […]
London Is the New Plutocrats’ Paradise
February 9th, 2007Is it a coincidence that London is the most Orwellian city in the world? Via: Independent: From frenzied bidding for art worth £400m to a stampede for fine French wine, London is in the grip of an unprecedented spending spree fuelled by £9bn of City bonuses and an influx of super-wealthy foreigners. The capital has […]
HSBC WARNS OVER U.S. MORTGAGE BAD DEBT
February 9th, 2007Via: Times Online: HSBC, Europe’s biggest bank, last night gave warning that bad debts in its troubled US mortgage lending business would be 20 per cent higher than forecast. The bank blamed the impact of slowing house price growth, which it said is being reflected in accelerated delinquency trends across the US sub-prime mortgage market. […]
Poor Among Plenty
February 6th, 2007Via: MSNBC: Once prized as a leafy haven from the social ills of urban life, the suburbs are now grappling with a new outbreak of an old problem: poverty. Currently, 38 million Americans live below the poverty line, which the federal government defines as an annual income of $20,000 or less for a family of […]
U.S. Contractors Becoming a Fourth Branch of Government
February 5th, 2007The shop has already been looted; this is the final sweep to pull the fixtures off the walls before the criminals torch the place. Via: International Herald Tribune: In June, short of people to process cases of incompetence and fraud by federal contractors, officials at the General Services Administration responded with what has become the […]
Uncle Sam Robs You to Pay Lockheed
February 5th, 2007If we could know just how much control this one corporation exerted over the domestic and foreign policies of the United States, I’m quite sure that it would be so astonishing that hardly anyone would believe it. Via: Corpwatch: Even without all the specifics, it is clear that Lockheed is supplying the U.S. war in […]
Subprime Credit Crunch Could Trigger Collapse
February 5th, 2007Via: Autodogmatic: Some of you might have seen my new informational site, the Mortgage Lender Implode-O-Meter. But for those who haven’t, I started this site to coherently track a story that is otherwise only quietly developing on a smattering of disparate finance blogs and message boards, with little treatment in the mainstream media (MSM). That […]
Chicago Fed Warns of ‘Time Bomb’ Mortgages
February 4th, 2007Via: Daily Herald: Officials of the Federal Reserve Bank of Chicago called on state agencies to clamp down on lenders that make high-risk mortgage loans to people who can’t afford them. In a conference at the bank on Wednesday, Federal Reserve examiner John Taylor said states need to put more resources into examining the lending […]
U.S. SAVINGS RATE AT LEVEL SIMILAR TO GREAT DEPRESSION
February 2nd, 2007Via: Houston Chronicle / AP: People are saving at the lowest level since the Great Depression, and that could be a problem for the millions of baby boomers getting ready to retire. In fact, the Commerce Department reported Thursday that the nation’s personal savings rate for all of 2006 was a negative 1 percent, the […]
