Archive for June, 2008
For Whom the Bell Tolls: More on the In-School Suspension Program in Dallas
June 30th, 2008Gazing upon the U.S. now just seems like looking at Hell as a fractal. You zoom in, and there’s more Hell. Zoom in again, more Hell. Zoom in again, GPS tracked students. Zoom in again, breakfast stick. —Texas: “In-School Suspension Program” Uses GPS Tracking Systems Attached to Students Via: Dallas Observer: AIM’s monitoring system employs […]
UK: Gardens Ruined by Toxic Fertiliser
June 30th, 2008Via: Guardian: Gardeners have been warned not to eat home-grown vegetables contaminated by a powerful new herbicide that is destroying gardens and allotments across the UK. The Royal Horticultural Society (RHS) has been inundated with calls from concerned gardeners who have seen potatoes, beans, peas, carrots and salad vegetables wither or become grossly deformed. The […]
Cryptogon Readers Send Contributions
June 30th, 2008Thank you. DT $15 JR £10 BW €50
Grave Robbing
June 30th, 2008Via: St. Louis Post-Dispatch: Grave robbing has become an above-ground affair. Gone are the days when enterprising thieves would dig up an old grave and pillage for gold teeth and rings. Today, it’s mostly the bronze markers and flower vases that draw their attention. Rising scrap metal prices, coupled with the lagging economy, have triggered […]
UK: Mortgage Approvals at Lowest Level Since Records Began
June 30th, 2008Via: Guardian: The number of mortgages approved for house purchases dropped sharply in May to its lowest level since records began in 1993, figures showed today. The Bank of England said 42,000 mortgages were approved for purchases during the month, down from 58,000 in April and 63,000 in March. This is the thirteenth month running […]
The Legal Trump Card: Make Them Produce the Note
June 30th, 2008The firm externalized the financial risks of being in this business by selling all of the paper they generated into the secondary mortgage market at the end of every month. This is an institutional marketplace that trades in commoditized mortgages, “debt paper.” In other words, at the end of each month, the firm had none […]
IMF to Conduct “X-Ray of the Entire U.S. Financial System”
June 30th, 2008What becomes of the IMF if this audit is actually carried out? The U.S. has the largest quota of SDRs and largest percentage of votes in the IMF. The whole system would be shown to be the farce that we already know it to be if the most powerful member (and one of the founding […]
U.S. Issues Health Warning Over Mercury Fillings
June 29th, 2008I never thought that this would be officially acknowledged. Via: Independent: Amalgam dental fillings – which contain the highly toxic metal mercury – pose a health risk, the world’s top medical regulatory agency has conceded. After years of insisting the fillings are safe, the US government’s Food and Drug Administration (FDA) has issued a health […]
Hersh: Congress Approved Major Escalation of Covert Operations Against Iran; Funding Groups That May Be Described as Al Qaeda
June 29th, 2008Via: New Yorker: Late last year, Congress agreed to a request from President Bush to fund a major escalation of covert operations against Iran, according to current and former military, intelligence, and congressional sources. These operations, for which the President sought up to four hundred million dollars, were described in a Presidential Finding signed by […]
Gold: Technical Analysis
June 29th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. The weekly interval gold chart is looking interesting. The stochastic has been extreme oversold and hasn’t uncoiled yet. The big picture uptrend is still intact. So, with that stochastic still quite compressed (it’s no longer extreme), there’s a good chance that […]
