Saturday, December 17, 2011
Monday, November 28, 2011
"the drive for political freedom in the Middle East and the demands for greater economic equality here at home are just two examples of the centrality to human rights to some of the most important issues on the global agenda today."
In 2002 Bertelsmann admitted that they lied about their involvement with Adolf Hitler and the Nazi party, which included making profits from slave labour and publishing propaganda. The revelations came to light during their takeover of US book publisher Random House in 1998; Bertelsmann used a revised account of their Nazi past to smooth the deal.
Saturday, November 26, 2011
Tuesday, November 22, 2011
Monday, November 7, 2011
Sunday, November 6, 2011
Witness the incredible schadenfreude and morose delectation of one of the most hideous revenants of the dark side literally chortling with glee at the evisceration of the once most prosperous nation of North Africa, the shameless slaughter of its populace, and the lynching of its head of state. Of course the pomposity and afflatus of unrestrained hubris as evidenced in the retarded allusion to Julius Caesar clearly displays the stunted juvenility characteristic of such a craven, sadistic, and most odious personality whose insensate and cowardly bloodlust reveals a shocking and demoniacal malignancy.
Friday, November 4, 2011
Wednesday, November 2, 2011
Tuesday, September 13, 2011
Monday, August 22, 2011
amidst all the hoopla, backslapping, and exultation that the so-called rise in gold prices evokes among the more informed and prescient amongst us, it is worth calling to mind that this inert element remains as it always was and has been. what is perhaps more important is to actually listen what the golden canary is singing about. it would be immensely gratifying to suppose that the acquisitive accumulation of the shiny yellow metal is the penultimate solution to the all encompassing corruption and degeneration of an all but moribund social order and the accompanying pervasive debasement of world currencies. yet the real measure of successful adaptation to the catastrophic upheavals which are convulsing this present world are far more complex. do you presently abide in an urban center in the USA? if so, you might consider establishing a well thought out plan for an exit strategy. If this is impossible, and it will certainly be a highly unlikely option for the great majority, you might consider increased efforts at personal domestic security and devote immediate attention to the acquisition and storage of water and non perishable food. appropriate firearms and an adequate store of ammunition and a back up generator feeding an auxiliary electrical sub panel will be critical. ultimately it will not be so much what you possess, though many things are of course an unavoidable necessity, but who you are because we are presently entering an altogether new era where individual responsibility, creative capability, and foresight will not only be paramount but will be critical to survival. Perhaps in many cases that itself will come up far short.
"While the boy slept he began to go methodically through the stores. Clothes, sweaters, socks. A stainless steel basin and sponges and bars of soap. Toothpaste and toothbrushes. In the bottom of a big plastic jar of bolts and screws and miscellaneous hardware he found a double handful of gold krugerrands in a cloth sack. He dumped them out and kneaded them in his hand and looked at them and then scooped them back into the jar along with the hardware and put the jar back on the shelf." The Road-Cormac McCarthy
Wednesday, August 17, 2011
Friday, July 15, 2011
Monday, June 6, 2011
Greek Household Bank Deposits Drop By $3.5 Billion In April, As The "Central Government" Withdraws Another $4.3 Billlion
While Greece may or may not receive Bailout #2 "any minute now", Greek depositors refuse to wait for the resolution. In April, bank deposits declined for the 4th consecutive month according to the central bank, a 1.2% decline M/M. From Reuters: "Bank of Greece data showed deposits fell to 196.8 billion euros ($288.2 billion) from 199.2 billion in March. A shrinking deposit base has added to the strains of Greek banks, which have become reliant on ECB funding for their liquidity needs as access to wholesale funding remains mostly shut on sovereign debt concerns. Deposits have shrunk by about 13 billion euros since the beginning of the year. In 2010, they contracted by 29.1 billion euros or 12.2 percent." In addition to the Reuters breakdown, a look at the source data indicates that overall deposits held by "Domestic Residents" dropped by €5.4 billion: the culprit was the Central Government which withdrew €3.1 billion in April, bringing the total from €14.3 billion to €11.3 billion. As usual, the best real-time proxy, if not completely accurate, to gauge the flow of capital in/out of Greek banks is to keep an eye out on the EURCHF. Today, it is a little higher. Over the past year, it is, well, not...
could it be that the corporate media spotlight presently focused so intensely and inexorably on the Eurozone disaster serves also as a convenient misdirection from the colossal economic earthquake facing the largest world economy. it's easy to forget that the US percentage of debt to GDP is remarkably similar to these once sovereign nations now being picked apart by the purveyors of CDS and other financial derivative instruments, and we can already discern in rather bold relief the no longer vague outlines of ultimate US national, state and municipal insolvency. a financial system geared to maximizing profits through asset stripping and corporate plunder has been the dominant economic paradigm for decades internationally. obviously the dominant financial sector decoupled from any real relation to the exchange of goods and services, with a present share of GDP in the range of 40%, the obscene manipulated rigged bond sales by the Federal Reserve, and the massive expropriative consolidation of equities in the hands of a few megalithic corporate and financial interests are all designed to undermine and destroy economies world wide in a phased transition to centralized control by the financial elites and oligarchs. no wonder there is such a pervasive flight of capital from banks, and equities and given the growing lack of real confidence in such institutions, it will soon become the norm rather than the exception. anticipating the kind of social upheaval that is being experienced across the Eurozone and stealthily and not so incrementally afflicting our own decimated economy. my own personal assets are in cash and precious metals. i have left the urban environment i have lived in for the past 50 years and am presently in a location where i had to challenge a rattlesnake to pick some excellent Kale from one of the many garden areas i have clawed out of rugged hillsides. extreme times demand extreme measures.
Tuesday, May 17, 2011
Wednesday, April 6, 2011
Facebook CEO Mark Zuckerberg (photo) shut down pages on his social network that were calling for an uprising in Palestine to begin on May 15, the date marked by Palestinians as the Nakba.
Since the 6th of March, several Facebook pages have called for a third intifada. They garnered up to half a million supporters.
Facebook made the decision to pull at the request of the Israeli authorities.