Archive for August, 2011
Goldman Sachs VP Changed Name, Now a Top Congressional Staffer
August 19th, 2011Via: Think Progress: Has Rep. Darrell Issa (R-CA) turned the House Oversight Committee into a bank lobbying firm with the power to subpoena and pressure government regulators? ThinkProgress has found that a Goldman Sachs vice president changed his name, then later went to work for Issa to coordinate his effort to thwart regulations that affect […]
Fake Facebook Identity Used By Military Contractors Plotting To Hack Progressive Organizations
August 19th, 2011Via: ThinkProgress: Earlier this year, ThinkProgress obtained 75,000 private emails from the defense contractor HBGary Federal via the hacktivist group called Anonymous. The emails led to two shocking revelations. First, that an assortment of private military firms collectively called “Team Themis” had been tapped by Bank of America to conduct a cyber war against reporters […]
Idaho Is a Constitution Free Zone: U.S. Government Uses Criminal Defendant’s Communications With Defense Team to Prosecute Him
August 19th, 2011You may find it hard to have any sympathy for a guy like Edgar J. Steele, but if you think that what the government has done to him is ok, you’re worse than the Nazis that Steele has defended and promoted. One of my core struggles on here is against the fascist eugenics that Steele […]
And Now: Aliens May Destroy Humanity Over Greenhouse Gas Emissions
August 19th, 2011Paul Krugman on CNN: “If We Discovered That Space Aliens Were Planning to Attack… This Slump Would Be Over in 18 Months”: Via: Guardian: It may not rank as the most compelling reason to curb greenhouse gases, but reducing our emissions might just save humanity from a pre-emptive alien attack, scientists claim. Watching from afar, […]
Stagflation Signs Surface in Bonds, Stocks, Gold
August 18th, 2011Via: CNN: Is that a disco ball I see? Stocks plunged Thursday after several economic reports in the United States raised more worries about stagnant growth and higher inflation. I wish there was a word to describe such a scenario. Oh yeah. There is! Stagflation.
Disclosure: I’m Long Oil
August 18th, 2011Warning: This is not a recommendation to buy, sell or hold any financial instrument. Update: Fri, Aug 19, 2011, 1:30pm EDT Sold USO. No position in USO. —End Update— I went long some USO, late in the session.
Recovery: Americans’ Satisfaction With National Conditions Dips to 11%
August 18th, 2011Via: Gallup: Americans’ satisfaction with the way things are going in the United States has fallen back to 11%, the lowest level since December 2008 and just four percentage points above the all-time low recorded in October 2008.
OBAMA CALLS FOR SYRIAN PRESIDENT TO STEP DOWN
August 18th, 2011Is the U.S. going to drag NATO into bombing Syria—for the children? World War III for economic growth? How’s that thing in Libya working out for Mr. Hopey Changey? Via: New York Times: President Obama called on Thursday for the Syrian president, Bashar al-Assad, to leave power, and issued a new executive order providing for […]
NASDAQ DOWN MORE THAN 5%
August 18th, 2011DJIA -4.57% Nasdaq -5.21% S&P 500 -4.76%
Spot Gold Bullish Engulfing 10 and 15 Minute
August 18th, 2011Warning: This is not a recommendation to buy, sell or hold any financial instrument. Melt up.
