Archive for October, 2009
Six Accused of Insider Trading After Wiretapping Investigation
October 18th, 2009This case is a joke—not because the people involved aren’t crooks, but because the amounts of money involved are noise level. The Feds plucked some low hanging douche bags and put them on display for the retail investor to see as part of a confidence trick. “Behold, retail investor, we’re using ‘powerful investigative tools’ to […]
Russia’s Leaders See Chinese Fascism as Template for Governance
October 18th, 2009Via: New York Times: Nearly two decades after the collapse of the Communist Party, Russia’s rulers have hit upon a model for future success: the Communist Party. Or at least, the one that reigns next door. Like an envious underachiever, Vladimir V. Putin’s party, United Russia, is increasingly examining how it can emulate the Chinese […]
U.S. Spends $400 Per Gallon of Gas in Afghanistan
October 17th, 2009Via: The Hill: The Pentagon pays an average of $400 to put a gallon of fuel into a combat vehicle or aircraft in Afghanistan. The statistic is likely to play into the escalating debate in Congress over the cost of a war that entered its ninth year last week. Pentagon officials have told the House […]
Thousands at Cow Palace Seeking Mortgage Help
October 17th, 2009Via: San Francisco Chronicle: The Cow Palace, site of rodeos and rock concerts, was transformed into a foreclosure-prevention fair on Friday that drew thousands of struggling borrowers hoping for help to make their mortgages more affordable. Armed with sleeping bags or folding chairs, many spent a chilly night on the pavement outside the Daly City […]
LATIN AMERICAN REGIONAL CURRENCY: SUCRE
October 17th, 2009Via: AFP: Leftist Latin American leaders agreed here on the creation of a regional currency, the Sucre, aimed at scaling back the use of the US dollar. Nine countries of ALBA, a leftist bloc conceived by Venezuelan President Hugo Chavez, met in Bolivia where they vowed to press ahead with a new currency for intra-regional […]
The Man Who Paid the Men Who Stare at Goats
October 17th, 2009Via: Madcowprod: The man who owned the flight school that taught Mohamed Atta to fly got rich selling his insurance company, we have learned, to the man who PAID “The Men Who Stare at Goats.” Wally Hilliard’s links to American intelligence go back (at least) to November of 1981, when his insurance company, Wisconsin Employer’s […]
Change We Can Believe In: Obama Honors George H.W. Bush for Public Service
October 17th, 2009And all the crises and reforms (real reforms, too) so occupied the people that they did not see the slow motion underneath, of the whole process of government growing remoter and remoter… The dictatorship, and the whole process of its coming into being, was above all diverting. It provided an excuse not to think for […]
2009 Federal Deficit Surges to $1.42 Trillion
October 17th, 2009Via: AP: What is $1.42 trillion? It’s more than the total national debt for the first 200 years of the Republic, more than the entire economy of India, almost as much as Canada’s, and more than $4,700 for every man, woman and child in the United States. It’s the federal budget deficit for 2009, more […]
Power Out Again
October 17th, 2009The storm took out the power. I’m on battery backup now. Anyway, you know the story. No updates probably means that the power is out.
Goldman Exec Named First COO of SEC Enforcement
October 17th, 2009The money is so dirty now, the gains so ill-gotten, that the most diabolical of ALL Wall Street firms needs to create a PRIVATE exchange because the existing bogus securities laws (WorldCom, Enron, blah blah) are too cumbersome and time consuming!? Watch this space; if you dare. —Goldman Sachs Creates Private Stock Exchange for Unregistered […]
