Archive for March, 2009
‘Scrap’ FEMA Mobile Homes Turn Up in Trailer Parks in Georgia and Missouri
March 6th, 2009It’s the toxic gift that keeps on giving. Previous Cryptogon coverage on FEMA’s Formaldehyde Trailers Via: MSNBC: As FEMA ponders whether to resume public sales of thousands of surplus travel trailers and mobile homes that once housed Gulf Coast hurricane victims, at least one purchaser has figured out a way around the suspension: Buying “scrap” […]
Cricket Terror Attack
March 6th, 2009I’m going to leave this one up to you guys. Frankly, I’m having difficulty finding the motivation to cover this. That’s not to say that it shouldn’t be covered, but I’m hard wired to ignore anything that has to do with sports. But a few of you guys are right on top of developments on […]
NZ Plugs Into Secret Pentagon Intranet
March 5th, 2009The U.S., Australia, Canada, Britain and New Zealand… Is it a coincidence that these also happen to be the ECHELON states? Via: Stuff: A leaked American study into military actions in Afghanistan reveals New Zealand is now plugged into the world’s most secret intranet, allowing access to the Pentagon’s battle plans. “Secret Internet Protocol Router […]
Does New Zealand Face the Fate of Iceland?
March 5th, 2009Privately, with friends and family, I’ve been referring to New Zealand as Iceland 2. The financial situation here is not quite as absurd as Iceland’s, but the comparison is legitimate because of New Zealand’s extremely high debt load. —NEW ZEALAND FOREIGN DEBT SITUATION CRITICAL: “ADJUSTMENT” IMMINENT, WILL BE FORCED ON THE COUNTRY IF NECESSARY I […]
One in 8 U.S. Households Late Paying or in Foreclosure
March 5th, 2009Via: Reuters: About one in every eight U.S. households, a record share, ended 2008 behind on their mortgage payments or in the foreclosure process as job losses intensified a housing crisis spawned by lax lending practices, the Mortgage Bankers Association said on Thursday. With unemployment at a 16-1/2-year high and rising, more borrowers will be […]
Chavez Orders Expropriation of Cargill Rice Plant
March 5th, 2009Via: AP: President Hugo Chavez ordered the expropriation of a rice-processing plant in Venezuela owned by American food giant Cargill Inc. on Wednesday because the company allegedly was not distributing rice at prices imposed by the government. The socialist leader also threatened to nationalize Venezuela’s largest food producer, Empresas Polar, amid rising tension between his […]
GM Auditors Raise the Specter of Chapter 11
March 5th, 2009Via: AP: General Motors Corp.’s auditors have raised “substantial doubt” about the troubled automaker’s ability to continue operations, and the company said it may have to seek bankruptcy protection if it can’t execute a huge restructuring plan. The automaker revealed the concerns Thursday in an annual report filed with the U.S. Securities and Exchange Commission. […]
The International
March 5th, 2009The International – Official Site Via: Wikipedia: Plot Interpol agent Louis Salinger (Clive Owen) and Manhattan Assistant District Attorney Eleanor Whitman (Naomi Watts) are determined to bring to justice one of the world’s most powerful banks, the International Bank of Business and Credit. Uncovering illegal activities including money laundering, arms trading, and the destabilization of […]
Fed Refuses to Release Bank Lending Data, Insists on Secrecy, Says it Isn’t Subject to FOIA Law
March 5th, 2009HA. Bloomberg is trying to apply FOIA to the Federal Reserve. Well, to those of you who still believe that the Fed is part of the U.S. Government, pay close attention: The Board of Governors contends that it’s separate from its member banks, including the Federal Reserve Bank of New York which runs the lending […]
Unopened Claims Letters Hidden at VA Offices
March 5th, 2009Via: Army Times: A new report about Veterans Affairs Department employees squirreling away tens of thousands of unopened letters related to benefits claims is sparking fresh concerns that veterans and their survivors are being cheated out of money. VA officials acknowledge further credibility problems based on a new report of a previously undisclosed 2007 incident […]
