Archive for March, 2009

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Japan: Automakers Report Plunging Sales

March 25th, 2009

Via: IHT: Toyota Motor said Tuesday that its global production had plunged by nearly half in February from a year earlier, while Honda and Nissan reported similarly grim figures highlighting the troubles facing Japanese automakers. Separately, the Japan Automobile Manufacturers Association said auto sales in Japan for the fiscal year through March 2010 were expected […]

British Government Plans to Train 60,000 Workers to Look Out for Potential Terror Attacks

March 25th, 2009

Statue of workers and Police officer in front of the Stasi archives, Mitte district, Berlin. Via: Guardian: “Today, not only the police and security and intelligence officers and our armed forces, but also the emergency services, local councils, businesses and community groups are involved in state-of-the-art civil contingency planning,” Brown said. “Tens of thousands of […]

Dodd’s Wife a Former Director of Bermuda-Based IPC Holdings, an AIG Controlled Company

March 24th, 2009

Via: Real Clear Politics: No wonder Senator Christopher Dodd (D-Conn) went wobbly last week when asked about his February amendment ratifying hundreds of millions of dollars in bonuses to executives at insurance giant AIG. Dodd has been one of the company’s favorite recipients of campaign contributions. But it turns out that Senator Dodd’s wife has […]

H.R. 1388: Obama’s Youth Brigade Conscripts Would Be Prohibited from “Organizing or Engaging in Protests” or Participating in a Variety of Religious Activities

March 24th, 2009

Will the uniform include an armband? Via: GovTrack: SEC. 1304. PROHIBITED ACTIVITIES AND INELIGIBLE ORGANIZATIONS. Section 125 (42 U.S.C. 12575) is amended to read as follows: ‘SEC. 125. PROHIBITED ACTIVITIES AND INELIGIBLE ORGANIZATIONS. ‘(a) Prohibited Activities- A participant in an approved national service position under this subtitle may not engage in the following activities: ‘(1) […]

U.S. Seeks Expanded Power to Seize Firms

March 24th, 2009

Via: Washington Post: The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document. The government at present has the authority to seize […]

Magna Cum Lousy: Where Today’s Bad CEOs Went to School

March 24th, 2009

Bad? Business School sophomores will be masturbating to posters of these crooks. They’re heroes to the would-be swindler class. Watch Wall Street again. That thing is timeless—except for the fact that, in real life, the Gordon Geckos of the world generally don’t go to jail. Maybe they’ll get it right in the sequel, Money Never […]

Soon There May be Nobody Left to Lend to America

March 24th, 2009

Good summary. Via: Times Online: Anyone who thought Ben Bernanke and his Federal Reserve Board colleagues were out of ammunition received a rude, or pleasant, shock last week. Rude, if you worry that a few extra trillions sloshing around the economy might one day trigger a wave of inflation; pleasant, if you worry that the […]

UK Population Must Fall to 30 Million, Says Porritt

March 23rd, 2009

Via: Times Online: JONATHON PORRITT, one of Gordon Brown’s leading green advisers, is to warn that Britain must drastically reduce its population if it is to build a sustainable society. Porritt’s call will come at this week’s annual conference of the Optimum Population Trust (OPT), of which he is patron. The trust will release research […]

China Calls for New Reserve Currency

March 23rd, 2009

Via: Financial Times: China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund. In an essay posted on the People’s Bank of China’s website, Zhou Xiaochuan, the central bank’s governor, said the goal would be to create a reserve […]

Frontline: The Medicated Child

March 23rd, 2009

Is there something more at work here besides chasing profits? The diabolical nature of this seems to go beyond the usual chasing profits explanation. This has an inky black, low murmuring evil feel to it. Echoes of Dr. Mengele. Also, pay attention to the “food” that these people are ingesting, and the physical appearance of […]

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