Posted March 24, 2009 3:36 pm
Tomgram: Pepe Escobar, Welcome to Pipelineistan
Iran/Russia - a deadly embrace
Pepe Escobar revisits the New Great Game
August 7, 2009:
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Friday, August 07, 2009
Are these things connected?
Former FDA Commissioner David Kessler: “The End of Overeating: Taking Control of the Insatiable American Appetite”
Sam Stein
stein@huffingtonpost.com | HuffPost Reporting
Internal RNC Memo: "Engage In Every Activity" To Slow Down Health Care Reform
I don't think anyone is connecting these things except for me, in my mind, but the profit motive wins every time in this country.
Did anybody read this post? Zippo in the comments? Dang it, I worked hard on this one and slogged through that 715 page book! Yes, I'm whining. And pouting. I'm hooman, K?
Here's the Ardillón de California de viernes
Visit msnbc.com for Breaking News, World News, and News about the Economy
Sam Stein
stein@huffingtonpost.com | HuffPost Reporting
Internal RNC Memo: "Engage In Every Activity" To Slow Down Health Care Reform
I don't think anyone is connecting these things except for me, in my mind, but the profit motive wins every time in this country.
Did anybody read this post? Zippo in the comments? Dang it, I worked hard on this one and slogged through that 715 page book! Yes, I'm whining. And pouting. I'm hooman, K?
Here's the Ardillón de California de viernes
Thursday, August 06, 2009
More on Russia
Russian official irked by US Vice President Biden
Posted on Wednesday, August 5, 2009
Biden had it right: Rural Russia is dying of poverty, neglect
Busines oligarch
Business: The Economy
Russia: The IMF's biggest failure
Thursday, September 23, 1999 Published at 20:45 GMT 21:45 UK
Business: The Economy
Russia is the largest borrower from the International Monetary Fund (IMF), but now controversy over corruption threatens to deter future loans. BBC International Business Correspondent Peter Morgan examines what the IMF has achieved so far
OligarchWatch.com
OligarchWatch is a news resource dedicated to reporting on Russian oligarchs business activities. It is edited out of New York and Moscow with correspondents stationed in London and Tel-Aviv and is dedicated to responsible reporting of the most important stories related to the Oligarchs.
Iran/Russia - a deadly embrace
Pepe Escobar at the REALnews parts 1,2 and 3
Enough guilt.
On August 6, 1945 the Hiroshima bomb was dropped. There are two areas that I will ALWAYS veer sharply to the right. Illegal immigration (it hurts the immigrants and their kids, and ME, stupid,and I don't give a fuck if they make YOUR life easier or your business more profitable) and Hiroshima. Hiroshima ended the war in the Pacific in which Americans were taking hella losses. You don't like it that I'm not liberal on those issues-FINE, there are literally millions of blogs out there, buh bye, ta ta, c-ya later.
Posted on Wednesday, August 5, 2009
Biden had it right: Rural Russia is dying of poverty, neglect
Busines oligarch
Business: The Economy
Russia: The IMF's biggest failure
Thursday, September 23, 1999 Published at 20:45 GMT 21:45 UK
Business: The Economy
Russia is the largest borrower from the International Monetary Fund (IMF), but now controversy over corruption threatens to deter future loans. BBC International Business Correspondent Peter Morgan examines what the IMF has achieved so far
OligarchWatch.com
OligarchWatch is a news resource dedicated to reporting on Russian oligarchs business activities. It is edited out of New York and Moscow with correspondents stationed in London and Tel-Aviv and is dedicated to responsible reporting of the most important stories related to the Oligarchs.
Iran/Russia - a deadly embrace
Pepe Escobar at the REALnews parts 1,2 and 3
Enough guilt.
On August 6, 1945 the Hiroshima bomb was dropped. There are two areas that I will ALWAYS veer sharply to the right. Illegal immigration (it hurts the immigrants and their kids, and ME, stupid,and I don't give a fuck if they make YOUR life easier or your business more profitable) and Hiroshima. Hiroshima ended the war in the Pacific in which Americans were taking hella losses. You don't like it that I'm not liberal on those issues-FINE, there are literally millions of blogs out there, buh bye, ta ta, c-ya later.
Wednesday, August 05, 2009
Finished reading Secrets of the Temple by William Greider
(C) 1987 (Click on book cover pic for NYT 1988 book review)Never stated so briefly in the book, but I came away from this monster of a book (over 750 pages) with the idea that what the Fed is supposed to do and what it does in practice are not necessarily the same thing. Protecting big fat greedy piggy bankers that are "too big to fail" from their own stupid mistakes is what the Fed does. Protect the investor class is what the Fed does. Can't have an ugly thing like inflation increase the real estate value of middle class homeowner's investments by making them pay back a loan in dollars of less value, right? Ben Bernanke may give a crap about the little guy, but the Fed as an institution sure hasn't proven that to me. Actually I hate the bankers and Wall Street in general more than I hate the Federal Reserve for bailing their big sorry asses out, but only slightly less.
p.155 "..it took real chutzpa for banks to complain about "taxes" since they paid to little compared to other business sectors. In 1980 the effective federal income-tax rat n financial institutions was only 5.8 % compared ti 34.1% for retailing, 24.5% for electronics and appliance manufacturing, 16.4% for aerospace, 10.9% for utilities..."
I do understand now that the Fed is supposed to be apolitical, and stabilize the money supply. Though created by an act of congress, congress has no real power over it and neither does the White House other than appointing the board members and the Congress confirming them, or not. If you think about it that makes sense because money doesn't give a crap whether it's Democrats, Republicans or purple people eaters that allow it to flourish, you know, kind of like bacteria. At first I was confused as to why Paul Volcker was advising Obama with the current crisis, but he at least believed in regulation, unlike Greenspan. I don't know how anyone could come away from this book now and not think "Wow, if you're gonna fuck up in a gamble, make sure you're a really big banking or insurance institution, and just go for it, the 'little people' will pay off your debts."
Here is Steve Lendeman's take on the Fed from a 2006 article
There are growing slums around the world and yet we are witnessing things like this:
£14,000-per-night luxury resort planned for world's richest people
A billion-pound resort for the world's richest people to be named Dall House is being planned for a remote area of Scotland.
By Simon Johnson
Published: 9:30PM BST 31 Jul 2009
Members of the exclusive club would be expected to have minimum liquid assets of £100 million...
Mr. Greider recently wrote this article for the Nation magazine:
Dismantling the Temple
Banking Bandits Get Their Reward
By Robert Scheer
Posted on Aug 4, 2009
AP Photo/Mark Lennihan
Good luck with that: A protest sign is held up outside the Bank of America Tower, left, on April 28, 2009 in New York.
Goldman Sachs staff told to avoid big purchases
The Great American Bubble Machine
From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression - and they're about to do it again
MATT TAIBBI
Posted Jul 13, 2009 1:49 PM
Watch Taibbi explain on video here why supply and demand and all that "free market" stuff is bullshit.
When are we going to to rise up and quit asking for seconds on shit sandwiches?
Crapola, when the cold war was on were we borrowing from our cold war enemies?
Tuesday, August 04, 2009
Olbermann exposes some health sector congresswhores
Visit msnbc.com for Breaking News, World News, and News about the Economy
Saturday, August 01, 2009
Sempra's earnings outperform forecasts
Company's utilities lead way in quarter
By Onell R. Soto
STAFF WRITER
2:00 a.m. August 1, 2009
A struggling economy failed to dampen profits at Sempra Energy, which said yesterday that its utilities, including San Diego Gas & Electric Co., are outperforming expectations.
The San Diego company announced a second-quarter profit of $198 million, or 80 cents a share, down 18.9 percent from a year earlier as it wrote off $64 million from a failed salt cavern gas storage project in Louisiana....
... “The Public Utilities Commission was very generous with SDG&E,” said Michael Shames, executive director of UCAN, the Utility Consumers' Action Network.
In proceedings before the PUC, he argued that the rates SDG&E sought were excessive – giving it $50 million to $70 million in undeserved profits.
The commission sided with SDG&E.
Monthly Weather Averages for San Diego
I'd say the phrase "undeserved profits" fits, how about you? If you don't think that corporate America and their Congresswhores suck donkey dick, here's more proof.
Oh yeah, I forgot to mention that SDG&E will just shut off power to the back country when the Santa Anas are blowing since their power lines started some of the worst fires in San Diego's history.
By Onell R. Soto
STAFF WRITER
2:00 a.m. August 1, 2009
A struggling economy failed to dampen profits at Sempra Energy, which said yesterday that its utilities, including San Diego Gas & Electric Co., are outperforming expectations.
The San Diego company announced a second-quarter profit of $198 million, or 80 cents a share, down 18.9 percent from a year earlier as it wrote off $64 million from a failed salt cavern gas storage project in Louisiana....
... “The Public Utilities Commission was very generous with SDG&E,” said Michael Shames, executive director of UCAN, the Utility Consumers' Action Network.
In proceedings before the PUC, he argued that the rates SDG&E sought were excessive – giving it $50 million to $70 million in undeserved profits.
The commission sided with SDG&E.
Monthly Weather Averages for San Diego
I'd say the phrase "undeserved profits" fits, how about you? If you don't think that corporate America and their Congresswhores suck donkey dick, here's more proof.
Oh yeah, I forgot to mention that SDG&E will just shut off power to the back country when the Santa Anas are blowing since their power lines started some of the worst fires in San Diego's history.
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