Archive for August, 2011
U.S. Special Forces Will Be Deployed in 120 Countries by End of 2011
August 4th, 2011Via: Counterpunch: Somewhere on this planet an American commando is carrying out a mission. Now, say that 70 times and you’re done… for the day. Without the knowledge of the American public, a secret force within the U.S. military is undertaking operations in a majority of the world’s countries. This new Pentagon power elite is […]
Feds Allowed Sinaloa Cartel to Move Cocaine Into U.S.
August 4th, 2011Via: El Paso Times: U.S. federal agents allegedly allowed the Sinaloa drug cartel to traffic several tons of cocaine into the United States in exchange for information about rival cartels, according to court documents filed in a U.S. federal court. The allegations are part of the defense of Vicente Zambada-Niebla, who was extradited to the […]
U.S. Wants to Build Cybersecurity Protection Plan for Cars
August 4th, 2011Better make sure your car’s firewall and antivirus definitions are up to date. *grin* Via: Network World: As cars and other forms of transportation increasingly rely on online systems for everything from safety to onboard entertainment, the cybersecurity threat from those who would exploit such electronic control packages has also increased. That’s why the US […]
Facebook Comes Before Tap Water as India’s Poor Get Smartphones
August 4th, 2011Via: Bloomberg: In a two-room shanty with no running water in northern Mumbai, Darshana Verma makes tea on a small stove. On a bench nearby, her 18-year-old son, Vishal, messages Facebook friends on the keypad of his Nokia smartphone. “This is the Internet age,” said the 36-year-old domestic helper, who spent more than half her […]
Rawsome Farm Buying Club Raided Again
August 4th, 2011Look at all of the agencies associated with this nonsense!? Los Angeles District Attorney’s Office: Agencies taking part in the ongoing investigation include the U.S. Food and Drug Administration; the California Franchise Tax Board; the California Department of Food and Agriculture’s Milk and Dairy Food Safety Branch and the department’s Division of Measurement Standards; the […]
Japan Launches Campaign to Weaken Yen
August 4th, 2011Warning: This is not a recommendation to buy, sell or hold any financial instrument. It’s starting (again): At a minimum, states will try unilateral capital controls in an attempt to prevent their currencies from disorderly appreciation vs. the toxic dollar. Via: Wall Street Journal: Japan stepped into the currency market Thursday, launching a yen-selling campaign […]
U.S. Borrowing Tops 100% of GDP
August 4th, 2011Via: AFP: US gross debt shot up $238 billion to reach 100 percent of gross domestic product after the government’s debt ceiling was lifted, Treasury figures showed. On Tuesday, the Treasury had to add more than $200 billion of commitments immediately after President Barack Obama signed into law an increase in the debt ceiling. The […]
China to New Zealand: Embrace Your Status as an Authorized Mr. Lee’s Greater Hong Kong Franchisee
August 4th, 2011*sigh* Via: New Zealand Herald: China is launching a public relations offensive in New Zealand and the rest of world, saying the West has nothing to fear from China’s rapid economic growth and investment. The Chinese embassy’s political counsellor Cheng Lei held a rare press conference this morning at the embassy in Wellington, reading out […]
A Little House Of Secrets On The Great Plains
August 3rd, 2011Via: Reuters: The secretive business havens of Cyprus and the Cayman Islands face a potent rival: Cheyenne, Wyoming. At a single address in this sleepy city of 60,000 people, more than 2,000 companies are registered. The building, 2710 Thomes Avenue, isn’t a shimmering skyscraper filled with A-list corporations. It’s a 1,700-square-foot brick house with a […]
Europe’s Money Markets Freeze as Crisis Escalates in Italy and Spain
August 3rd, 2011Via: Telegraph: The European money markets have begun to seize up as pressure mounts on the Italian and Spanish banking systems, tracking the pattern seen during the build-up towards the financial crisis in 2008. The three-month euribor/OIS spread, the fear gauge of credit markets, reached the highest level in two years today, jumping 7 basis […]
