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The Great American Bubble Machine : Rolling Stone

The Great American Bubble Machine : Rolling Stone

http://www.rollingstone.com/politics

Wall Street, investment bankers, and social good A few months ago, I came across an announcement that Citigroup, the parent company of Citibank, was to be honored, along with its chief executive, Vikram Pandit, for “Advancing the Field of Asset Building in America.” This seemed akin to, say, saluting BP for services to the environment or praising Facebook for its commitment to privacy. During the past decade, Citi has become synonymous with financial misjudgment, reckless lending, and gargantuan losses: what might be termed asset denuding rather than asset building.

Foundations of Crisis This week I have a special Outside the Box for you. My long-time friend Doug Casey wrote a very prescient piece back in 1997. He has updated it somewhat for today’s times. The critical part is a summary of the work of Richard Strauss and (friend) John Howe and their book The Fourth Turning, which I consider one of the more important and prescient (that word again) books of the last 25 years.

Californians « GraphJam: Pop culture for people in cubicles. (AKA Song Chart Meme) (404 error) Yikes! This page doesn't exist. Please choose something else from the Cheezburger menu Make a Meme P.O.V.'s Borders . Environment . Water . The Invisible Cree When 30,000 marathon runners cross the Pulaski Bridge, the halfway point in the annual New York marathon, they will be running over the most polluted waterway in America. They might hold their nose, but they probably won't know the name of the water releasing the stench. "This is a waterway that most people don't even know exists," says Basil Seggos, lead investigator for the Riverkeeper organization, a not-for-profit environmental watchdog.

Wall Street Aristocracy Got $1.2 Trillion From Fed Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits. By 2008, the housing market’s collapse forced those companies to take more than six times as much, $669 billion, in emergency loans from the U.S. Federal Reserve. The loans dwarfed the $160 billion in public bailouts the top 10 got from the U.S. History of the Financial Warfare Model THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned “central” bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day.

New reality show "Smile, You're Under Arrest" Fox's new reality show pilot called Smile, You're Under Arrest features people with outstanding warrants getting tricked for the audience's amusement before being arrested. Fox President of Alternative Entertainment Mike Darnell calls it "a reverse Punk’d. Instead of the worst day of your life and then a joke at the end, this is the reverse. This is the best day of your life, and then we arrest you.” One of three set-ups just shot in Arizona features the cops luring a criminal to a movie set with the promise of making him an extra and paying him a couple hundred dollars. An elaborate film set is staged and filming begins on a faux movie.

Pollution Causes 40 Percent Of Deaths Worldwide, Study Finds About 40 percent of deaths worldwide are caused by water, air and soil pollution, concludes a Cornell researcher. Such environmental degradation, coupled with the growth in world population, are major causes behind the rapid increase in human diseases, which the World Health Organization has recently reported. Both factors contribute to the malnourishment and disease susceptibility of 3.7 billion people, he says. David Pimentel, Cornell professor of ecology and agricultural sciences, and a team of Cornell graduate students examined data from more than 120 published papers on the effects of population growth, malnutrition and various kinds of environmental degradation on human diseases. Their report is published in the online version of the journal Human Ecology and will be published in the December print issue.

The Great American Bubble Machine The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who's Who of Goldman Sachs graduates. Invasion of the Home Snatchers

Je deviens incroyablement désabusé par toutes ces histoires. (énorme star ds le monde des start-ups)le résume mieux que moi. Y a un bon et un mauvais capitalisme et c'est déprimant de voir celui qui prévaut... by PED Apr 2

autres articles de ce theoricien du complot (en anglais dans le texte) - theoriciens d'apres ses detracteurs, of course ! by laetsgo Aug 6

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