Archive for September, 2008

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‘Tens of Thousands to be Laid Off Every Week’ as UK Falls Into Recession

September 11th, 2008

A “horrible surprise” could be just around the corner? WTF? Is Cheney visiting the UK? Via: IHT: Tens of thousands of people could be laid off every week in the run-up to Christmas as the UK economy falls into recession, David Blanchflower of the Bank of England’s monetary policy committee warned today. Blanchflower told MPs […]

Study Links Oil Prices to Investor Speculation

September 11th, 2008

The dollar rally took off as well. Look at an oil price chart and overlay the U.S. Dollar Index. I’ve been over this so many times, I’m tired of it. Moving on. Via: AP: Speculation by large investors — and not supply and demand for oil — were a primary reason for the surge in […]

American Female Soldiers More Likely to Be Raped than Killed in Action

September 11th, 2008

Via: ABC News: A House subcommittee is set to shed new light on the problem of sexual assault in the military today, when it will hear testimony on sexual assault numbers, prevention and response as part of its ongoing investigation into the issue. “You serve your country and then destroy your life because the guy […]

Russian Strategic Bombers Sent to Venezuela

September 11th, 2008

Via: Reuters: Two Russian long-range bombers capable of carrying nuclear weapons will return to base from Venezuela in four days, the Russian Air Force was quoted by Interfax news agency as saying on Thursday. The bombers, known in the West by the NATO codename “blackjacks”, were not carrying nuclear weapons during the flight to South […]

LEHMAN GAPPED DOWN AGAIN

September 11th, 2008

Via: AP: Lehman Brothers Holdings Inc.’s rescue plan is getting a dismal reception from Wall Street with shares of the battered bank plunging 41 percent. The stock price unraveled in early trading Thursday after analyst reports cast doubt that the nation’s fourth-largest investment bank can survive. Shares fell $2.99, or 41 percent, to $4.26 — […]

GOLD BATTERED, TOOK OUT $750; DOLLAR ONE YEAR HIGH VS. EURO

September 11th, 2008

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Gold has also, just now (I’m watching this in real time) breached the multi year support that ran through $744. Central bank intervention might have occurred when EUR/USD breached 1.3900. The resulting brief crank up has closed back down and EUR/USD […]

“Reduced Dominance” Is Predicted for U.S.

September 10th, 2008

Via: Washington Post: An intelligence forecast being prepared for the next president on future global risks envisions a steady decline in U.S. dominance in the coming decades, as the world is reshaped by globalization, battered by climate change, and destabilized by regional upheavals over shortages of food, water and energy.

Army, Sears Partner for 1st Infantry Division Clothing Line

September 10th, 2008

Can’t you just see little Johnny now? Proudly dressed in his 1st ID gear, full of Ritalin and breakfast stick, all ready to kill for Jesus. Alas, he’s too young to join the military, but not too young to play America’s Army, the U.S. Army’s social engineering and surveillance tool for kids… Hmm. Will Sears […]

Freddie, Fannie Scam Hidden in Broad Daylight

September 10th, 2008

This represents a crime of such gigantic proportions that many people won’t even be able to fathom what has happened. —U.S. Seizes Fannie Mae and Freedie Mac Via: Bloomberg: When the history is written on the collapse of Fannie Mae and Freddie Mac, it will go down in the annals of corporate scandals as one […]

Secret Assassination Program is Key in Iraq, Woodward Says

September 10th, 2008

Oh sure, Bob. During the Vietnam War, the Phoenix Program ran from 1967 through the Tet Offensive and until the Americans fled Vietnam. I seriously doubt that an assassination program is working in Iraq. More likely, the cash bribes that the U.S. has been paying to insurgents to stay home, or kill their religious enemies […]

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