Archive for November, 2008
2009: Titanic Shocks and Changes to the Global Order of a Scale Perhaps Not Experienced in the Past Five Centuries
November 27th, 2008Via: Engdahl: What neither Paulson nor anyone in Washington is willing to reveal is the real truth behind the Citigroup bailout. By his and the Republican Bush Administration’s adamant earlier refusal to take an initial resolute action to immediately nationalize the nine or so largest troubled banks and reorganize the assets into some form of […]
China: Emergency Rate Cuts, Riots, Factory Workers Fired by the Millions
November 27th, 2008Via: Telegraph: Today, around 500 protesters rioted at the Kai Da toy factory in Dongguan in the Pearl River delta, flipping over a police car and trashing computers in a dispute over payoffs to 80 fired workers. Tens of thousands of factories across the region have already shut their gates. Yin Weimin, China’s Social Security […]
India: Coordinated Terrorist Attacks
November 27th, 2008See, this is why the U.S. needs to attack Pakistan… *wink* *wink* Get it? Of course, it’s possible that this is some sort of organic insurgency. (Anything is possible, right?) I doubt it, though, because no critical economic infrastructure was hit. When the attackers start popping Internet and electrical infrastructure, shutting down the operations of […]
The U.S. Treasury Market Reaches Breaking Point; 20 Percent of Trading Volume Represents “Fails” or Bonds That Will not Be Delivered on Schedule
November 27th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. This is THE core process that animates the entire zombie money system… I’m at a bit of a loss to think of applicable analogies that might describe the failure of this mechanism. Have you ever seen a top fuel dragster explode […]
Los Angeles: 5,000 People Turn Out for a Food Giveaway
November 26th, 2008And check out the part about the Home Preservation Day event. Via: Los Angeles Times: Some sought a cart of groceries the week before Thanksgiving, others sought a way to keep from losing their homes in the new year. By the thousands, a diverse group of Southern Californians converged on two events Saturday aimed at […]
Australia: Private Intelligence Company Monitors Activists Online for Police
November 26th, 2008Via: The Australian: A PRIVATE intelligence company has been engaged by police to secretly monitor internet and email use by activist and protest groups, a report says. The company was hired to monitor and report on the internet activities of anti-war campaigners, animal rights activists, environmental campaigners, and other protest groups, Fairfax Media reported. It […]
People Digging Holes in the Ground, Burying Cash and Gold
November 26th, 2008There are a few things to consider with cash. First, in the U.S., police may seize cash from motorists even in the absence of any evidence that a crime has been committed. People routinely have large amount of cash stolen from them by local, state and federal law enforcement agencies. Second, there has been a […]
She Who Measures
November 26th, 2008shewhomeasures.com: Research Credit: JH
Melamine Traces Found in U.S. Infant Formula; FDA Says, “No Cause for Concern”
November 26th, 2008Via: New York Times: Food and Drug Administration said Tuesday that it had discovered the toxic chemical melamine in infant formula made by an American manufacturer, raising the possibility that the problem was more extensive in the United States than previously thought. While few details were available late Tuesday, agency officials said they had discovered […]
Home Prices: Record Plunge in September
November 25th, 2008Via: Reuters: Prices of single-family homes in September plunged a record 17.4 percent from a year earlier, according to the Standard & Poor’s/Case-Shiller Home Price Indices issued on Tuesday. The composite index of 20 metropolitan areas fell 1.8 percent in September from August, S&P said in a statement. It said its composite index of 10 […]
