Archive for May, 2009

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Saudi Arabian Oil Minister Naimi Says Oil to Reach $75 a Barrel

May 24th, 2009

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Disclosure: I’m long oil. Remember this chart from May 2? West Texas Intermediate Crude Oil, weekly interval The relationship between oil prices and the U.S. Dollar Index: U.S. Dollar Index vs. West Texas Intermediate Crude Oil, daily interval Via: Bloomberg: Saudi […]

“A Plan that Would Require Americans to Get Not One, Not Two, But Three Flu Shots” – “Trust the Scientists” – “Massive Public Education Campaign”

May 24th, 2009

Uncle Sam’s Human Lab Rats

May 23rd, 2009

Via: Mother Jones: They say government scientists messed with their minds. Now, veterans of secret psychedelic tests want answers. Their stories are a staple of conspiracy culture: broken men, suffering hallucinations and near-total amnesia, who say they are victims of secret government mind-control experiments. Think Liev Schreiber in The Manchurian Candidate or Mel Gibson in […]

Deadly NY Terror Cell Are Semi-Retarded Potheads

May 23rd, 2009

Via: Infowars: Exactly as we predicted in our headline story yesterday, two of the ringleaders in the “deadly” New York terror plot salaciously hyped by the media and government officials have turned out to be semi-retarded potheads. “The men will likely turn out to be semi-retarded dropouts,” we stated in our article yesterday, basing our […]

L.A. Police Union Wants San Diego Newspaper Writers Fired

May 23rd, 2009

Via: Los Angeles Times: The union representing Los Angeles police officers is pressuring the owner of San Diego’s main newspaper to change the paper’s editorial stance on labor issues or to fire its editorial writers. The feud is rooted in the recent purchase of the San Diego Union-Tribune by Platinum Equity, a private Beverly Hills […]

And Now… ABC Resurrects V

May 23rd, 2009

Schwarzenegger Plans to Completely Eliminate Welfare for Families in California

May 23rd, 2009

Via: Los Angeles Times: Gov. Arnold Schwarzenegger is proposing to completely eliminate the state’s welfare program for families, medical insurance for low-income children and Cal Grants cash assistance to college and university students. The proposals to sharply scale back the assistance that California provides to its neediest residents came in testimony by the administration this […]

FDIC Friday: Two Illinois Banks Seized, Bringing U.S. Tally This Year to 36

May 23rd, 2009

Via: Bloomberg: Two Illinois banks with combined assets of almost $1 billion were closed by regulators, pushing the toll of failed U.S. lenders to 36 this year amid the longest recession since the 1930s. Strategic Capital Bank in Champaign and Citizens National Bank in Macomb were closed and the Federal Deposit Insurance Corp. was named […]

Afghanistan: U.S. Forces Seize Almost 15 Tonnes of Narcotics Including Opium, Heroin and Morphine

May 22nd, 2009

The commentary for this has already been written. See Blackwater Worldwide Changes Its Name to Xe; Same Mercenaries, but Now with More “Aviation Support” and The Invisible Hand of the Market: British Troops Seize £50 Million of Afghan Opium. Via: Reuters: Afghan and U.S. forces have killed 34 militants, almost half of them in air […]

Laid Off Traders Try to Get Jobs as High School Math Teachers

May 22nd, 2009

Via: Reuters: When Scott Brooks got laid off by American Express in February he decided to turn his back on finance and revive a dream he gave up on many years ago — to become a math teacher. He happens to live in New Jersey, where state education authorities have long worried about a dearth […]

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