Archive for the 'Elite' Category
What Would Be The Odds?
February 9th, 2010I happen to know the name of the person mentioned in the story below. However, a New Zealand blogger is currently facing charges for releasing the name, so I will not publish it here. If you’re reading Cryptogon, you’re more cunning than most, so I’m confident that, if you want to know the name, you [...]
Biggest Bubble in History Is Growing Every Day
February 8th, 2010Via: Bloomberg:
Real estate, stocks, credit. China sure has its share of bubbles. Oddly, little attention is paid to the biggest one of all.
China’s currency reserves grew by more than the gross domestic product of Norway in 2009. Its $2.4 trillion of reserves is a bubble all its own, one growing before our eyes with nary [...]
Geithner Says U.S. Will ‘Never’ Lose AAA Debt Rating
February 8th, 2010Well, there you have it! HA
Via: Bloomberg:
Treasury Secretary Timothy F. Geithner said the U.S. is in no danger of losing its Aaa debt rating even though the Obama administration has predicted a $1.6 trillion budget deficit in 2010.
“Absolutely not,” Geithner said, when asked in an ABC News interview broadcast yesterday whether a downgrade is a [...]
Audi 2010 Green Car Super Bowl Commercial
February 8th, 2010Secret Meeting of Top Bankers in Australia
February 6th, 2010Via: Herald Sun:
THE world’s top central bankers began arriving in Australia yesterday as renewed fears about the strength of the global economic recovery gripped world share markets.
Representatives from 24 central banks and monetary authorities including the US Federal Reserve and European Central Bank landed in Sydney to meet tomorrow at a secret location, the Herald [...]
Mysterious Danish Group Builds Exotic Compound on Baja Coast
February 5th, 2010This is a weird one.
Via: San Diego Reader:
Tvind Alert says that the complex cost $10 million to build. The watchdog website says that a Mexican-Danish company bought the land from local landowners between 1999 and 2003. Attorney Morachis informed me that the landowner is a Mexican company. Allegations have been made that title to some [...]
Ex-BofA Chief Lewis Charged with Fraud
February 5th, 2010Via: CNN:
New York Attorney General Andrew Cuomo said Thursday it was bringing civil charges against senior Bank of America executives, including former company CEO Ken Lewis, for their role in the company’s controversial purchase of Merrill Lynch.
Separately, the Securities and Exchange Commission said it had struck a $150 million settlement agreement with BofA over its [...]
Bernanke Says Federal Reserve Faces ‘Enormous Challenges’
February 4th, 2010Slather on an extra layer of warpaint on Maria Bartiromo and let’s hear more about the jobless recovery and the green shoots.
Via: Bloomberg:
Federal Reserve Chairman Ben S. Bernanke told his staff today that the U.S. central bank faces “enormous challenges” as he was sworn in for a second four- year term.
“This institution, like our country, [...]
Pentagon Black Budget Sees Year Over Year Record Funding; Tops $56 Billion
February 2nd, 2010More Change.
Via: Wired:
The Defense Department just released its king-sized, $708 billion budget for the next fiscal year. Much of the proposed spending is fairly detailed — noting exactly how many helicopters the Pentagon plans to buy and how many troops it plans on playing. But about $56 billion goes simply to “classified programs,” or to [...]
Obama Budget Seeks More Money for Nuclear Weapons
February 2nd, 2010Even I never thought Change we can believe in would include the biggest increase in nuclear weapons related activities since the, “Early years of Ronald Reagan.”
Via: Canadian Press:
President Barack Obama is seeking increased funding for nuclear weapons research and security next year, even as his administration has pledged to reduce the world’s stockpile of nuclear [...]
