Day: October 19, 2008

corruption disaster capitalism economics Politics shock terror The Corporation US economy
October 19, 2008

Financial Crisis Followup: Blackwater to Help with Evictions

Now that most real estate lies in the hands of the American government, it won’t be long before Blackwater comes knocking on the door of those who are trying to make one last go at holding on to their homes. Eviction notices will be deliverd by one of the world’s largest and fierce mercenary armies, thanks to a lot of funding during the Iraq war, […]

corruption economics Politics The Corporation US economy
October 19, 2008

Questions Related to Financial 9/11

This article poses a number of questions related to what’s being called the Financial 9/11. At the root of the questions lies a great mistrust of the speed at which things ‘had to be done’.  Were financial markets unravelling because the people behind them were inept or because the regulations had been stripped so raw by free-market fundamentalists or because there was some other deep-seated […]

corruption disaster capitalism economics The Corporation US economy
October 19, 2008

Fiddling While Rome Burns: Bonuses at All Time High

A record $70 billion in bonuses are planned for Wall Street ‘genuises’this year, despite the worst show of abuse of capitalism in the last 80 years. At one point last week the Morgan Stanley $10.7bn pay pot for the year to date was greater than the entire stock market value of the business. In effect, staff, on receiving their remuneration, could club together and buy […]

Latin America oil US economy
October 19, 2008

Cuba to Become an Oil Player

Full Story Here. The dynamics of the Carribean just got a little more dynamic. Now that Cuba will have serious cash-flow, they’ll be able to partner with the likes of Venezuela and Bolivia and start driving the US nuts. Expect the ‘axis of evil’ rhetoric to increase exponentially in the coming months.