Archive for December, 2007
Unprecedented Central Bank Collusion Allows Troubled Institutions to Borrow Emergency Funds in Secret
December 15th, 2007What you don’t know can’t hurt Them. Via: Telegraph: The crucial elements in the Fed’s move yesterday is not so much the sum of money on offer – $20bn next week, $20bn the week after – but that all depository banks in America can draw from the tap anonymously, without the risk of being found […]
U.S. Paid $32 Million for Iraqi Base that Wasn’t Built
December 15th, 2007I wouldn’t automatically assume corruption. This could easily be a black ops shell game. The cutout didn’t build the base, but maybe it did something else… See Daniel Hopsicker’s ongoing investigations into CIA cutouts. Via: USA Today: The U.S. military paid a Florida company nearly $32 million to build barracks and offices for Iraqi army […]
Schwarzenegger Will ‘Declare Fiscal Emergency’ In Weeks
December 15th, 2007Debt payments are wiping out the state. Look for the Governator to increase taxes and slash services in order to transfer more wealth to his banker buddies. Via: NBC: Gov. Arnold Schwarzenegger said Friday he will declare a “fiscal emergency” in January to give him and the Legislature more power to deal with the state’s […]
Stressed Britons Flee Gloom for Laid-Back Life
December 14th, 2007When I ask British people if they’re happy in New Zealand, they almost chortle with glee. When I ask Americans the same thing, their faces take on serious looks, as if recalling a narrow escape from a bad traffic accident. I exchange an I-know kind of look and say, “You don’t even want to get […]
New Zealand: Bags Packed for Doomsday
December 14th, 2007“This isn’t the lifeboat you’re looking for.” * Subtle hand gesture * Some people didn’t get my lame Star Wars humor. Sorry about that. See: Jedi Mind Trick Via: Stuff: The ‘twin tsunamis’ of global warming and peak oil could spell TEOTWAWKI – the end of the world as we know it – and already, […]
Schultz: “A Financial Tsunami Is Upon Us”
December 14th, 2007WARNING: This is not a recommendation to buy, sell or hold any financial instrument. If you liked my Portfolio Ideas post, take a look at what the International Harry Schultz Letter just advised their readers to do. Via: MarketWatch: Systemic financial fears, dollar doubts, gold gains, seeping stagflation – a word Schultz claims he coined […]
Microwave Machine Recovers Natural Gas and Oil from Any Hydrocarbon Based Material
December 14th, 2007I didn’t initially post this Popular Science piece because I already posted a story about Global Resource Corp. back in June. But it just hit the front page of Reddit and seven of you submitted it. Guys, I check Reddit too. 😉 Via: Popular Science: Green Tech THE MICROWAVE MAGICIAN Frank Pringle has found a […]
WHEAT: LIMIT UP
December 13th, 2007Via: AP: Wheat prices surged the daily trading limit Wednesday on expectations that U.S. exports will continue at the high pace of recent months and deplete domestic supplies. Energy futures, other agricultural products and gold also rose, boosted in part by the dollar’s weakness Wednesday. With the world wheat market strapped for supply, U.S. exports […]
CHINA: 36 MAJOR CITIES TOLD TO KEEP FOOD, OIL RESERVES
December 13th, 2007WARNING: This is not a recommendation to buy, sell or hold any financial instrument. PowerShares DB Agriculture Fund (DBA) NOTE: I am slightly overweight this one. If you look at the ongoing crises involved with food production, you see not just a perfect storm, but multiple perfect storms. — Cryptogon: Portfolio Ideas China is implementing […]
Toshiba Finally Releasing Revolutionary Battery; Three Years After Initial Announcement
December 13th, 2007Flashback to 2005: New battery offers unsurpassed recharge performance and high energy density And now… Via: Engadget: How does this sound: a battery capable of recharging to 90% in under 5 minutes while remaining useful (i.e., 5,000+ recharges) for 10 years or more? Sounds like the stuff of jetpacks and food replicators right? Nope… March, […]
