Archive for May, 2009
Japan’s Economy Shrank Record 15.2% Last Quarter
May 22nd, 2009Via: Bloomberg: Japan’s economy shrank at a record 15.2 percent annual pace last quarter as exports collapsed and consumers and businesses cut spending. The contraction followed a revised fourth-quarter drop of 14.4 percent, the Cabinet Office said today in Tokyo. Gross domestic product fell 3.5 percent in the year ended March 31, the most since […]
Guards Let Mexico Inmates Escape
May 22nd, 2009Via: BBC: Guards stood by as more than 50 prisoners, including some listed as dangerous by Interpol, walked out of a Mexican jail, officials say. It was initially thought that guards at the prison in the northern state of Zacatecas had been overpowered. The jail break, which occurred on Saturday, was captured on closed circuit […]
Geithner Vows to Cut U.S. Deficit on Rating Concern
May 22nd, 2009How screwed of a situation is it if the goal is sustainable deficits? Via: Bloomberg: Treasury Secretary Timothy Geithner committed to cutting the budget deficit as concern about deteriorating U.S. creditworthiness deepened, and ascribed a sell-off in Treasuries to prospects for an economic recovery. “It’s very important that this Congress and this president put in […]
Cryptogon Reader Signs Up for Hosting with BlueHost
May 22nd, 2009Thanks to the owners of samuelsformula.com for signing up for hosting with BlueHost. Cryptogon received $90. This is must see information for anyone dealing with medical situations that require feeding via gastric tube.
Cryptogon Reader Sends $20
May 22nd, 2009Thanks to the United American Freedom Foundation for their support.
After Major Florida Bank Fails, Carlyle Swoops In as a Buyer
May 22nd, 2009Via: Washington Post: Florida-based BankUnited collapsed yesterday, the largest bank failure so far this year, as a new federal investigation revealed that the bank’s regulator, the Office of Thrift Supervision, allowed the firm to cover up its financial weakness. A consortium of investors, including District-based private-equity giant Carlyle Group, agreed to buy and recapitalize BankUnited, […]
Fed Open to Buying More Securities
May 21st, 2009Via: Wall Street Journal: Some Federal Reserve officials are open to raising the amounts of mortgage and Treasury securities purchase programs beyond the $1.75 trillion that they have already committed to buying, according to minutes from the Fed’s April meeting. Officials, meanwhile, projected an even deeper recession than they expected three months earlier and a […]
Yes, Mildred, the People Who Run the World Have Private Meetings
May 21st, 2009Via: Guardian: So who is the paranoid one? Me, hiding in stairwells, watching the pavement behind me in shop windows, staying in the open for safety? Or Bilderberg, with its two F-16s, circling helicopters, machine guns, navy commandos and policy of repeatedly detaining and harassing a handful of journalists? Who’s the nutter? Me or Baron […]
Satellites to Streamline U.S. Intelligence Agency Narcotics Trafficking Operations
May 21st, 2009That’s not a misleading headline for those of us who have been paying attention. But then again, how many people have ever of SEASPRAY? This looks like an updated version of SEASPRAY, which is part of how Barry Seal was able to move tons of drugs into the U.S. It’s helpful to make sure that […]
BRITAIN’S DEBT OUTLOOK LOWERED TO NEGATIVE
May 21st, 2009Via: AP: Britain faces the unsettling possibility of seeing its debt rating downgraded, after credit ratings firm Standard & Poor’s said Thursday it has revised the country’s outlook to negative from stable. Though the ratings agency reaffirmed the country’s actual long-term credit rating at “AAA” and its short-term rating at “A-1+,” it said the outlook […]
