Archive for December, 2006
Torture Inc. America’s Brutal Prisons
December 11th, 2006Did you think Abu Ghraib was bad? Take a look at what goes on in prisons inside America… WARNING: Graphic violence, torture.
Economic Storm Brewing in America
December 11th, 2006Via: Telegraph: The world economy is what matters, and I don’t like the smell of it. Nor, apparently, does Hank Paulson, who made $700 million at Goldman Sachs before taking over the US Treasury this year. He has reactivated a crisis team with a command centre in Washington to cope with the “systemic risk” in […]
Droves Say Goodbye to Golden State
December 11th, 2006Via: Mercury News: The Browns are an example of what demographers say appears to be an unprecedented phenomenon — even in a good economy, more people are leaving California for other states than are arriving from the rest of the country. Between 2004 and 2005, the migration flow into California from the other 49 states […]
Oil Producers Shun Dollar
December 10th, 2006Via Financial Times: Oil producing countries have reduced their exposure to the dollar to the lowest level in two years and shifted oil income into euros, yen and sterling, according to new data from the Bank for International Settlements. The revelation in the latest BIS quarterly review, published on Monday, confirms market speculation about a […]
NSA Ghosts Danced Around Diana
December 10th, 2006But, as usual, there’s nothing to see here. Accidents happen… Never mind the involvement of an unknown number of intelligence agencies. Oh no. Never mind any of that. That was just a coincidence. Note: There’s almost certainly a problem with the terminology used in the article. The article uses the following phrases: “The American secret […]
Massive Insider Selling
December 9th, 2006What are they going to do with the cash? Do the rats have anywhere to hide their cheese? Via: NY Post: America’s corporate chiefs are unloading their own stocks at one of the boldest paces in 20 years. In cases of the very rich, such as Microsoft’s Bill Gates and Google’s top brass, the executives […]
U.S. Criminal Probe Rattles $2 Trillion Municipal Bond Market
December 9th, 2006Uhh… Via: Bloomberg: The first-ever antitrust probe of the municipal bond market is roiling an industry that states and cities depend on to finance everything from garbage trucks to schools. U.S. Justice Department prosecutors subpoenaed more than a dozen banks and insurers three weeks ago, seizing documents from three brokers in a search for evidence […]
U.S. Subprime Loans Face Trouble
December 9th, 2006Via: Yahoo: The failure of a small Californian mortgage lender on Thursrday increased nervousness in the credit derivatives market about the large number of US “subprime” mortgages extended this year. The cost of insuring against default on securities backed by subprime mortgages rose after Ownit Mortgage Solutions, in which Merrill Lynch has a 15 per […]
Cryptogon Reader Contributes $3
December 9th, 2006KB contributed $3 to Cryptogon, and wrote: Hi there, Great publications! Keep up the good work. Sorry so little money but I only have $13 to my name at this time. Still trying to find work, since accident…not easy, but you deserve much much more in donations for the brave and informational website you put […]
European Union Heading for Soviet Style Dictatorship
December 9th, 2006Via The Brussels Journal: Vladimir Bukovksy, the 63-year old former Soviet dissident, fears that the European Union is on its way to becoming another Soviet Union. In a speech he delivered in Brussels last week Mr Bukovsky called the EU a “monster†that must be destroyed, the sooner the better, before it develops into a […]
