Global Intelligence
Submitted by Michael Snyder of The American Dream blog, Becoming more like Europe is not a good thing. But that is the path that we are currently on. For the most part, Europeans live in a socialist “Big Brother” system in which the government completely dominates your life from the cradle to the grave. Of course there are […]
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GIH: Finally, a situation arise that challenge legal nuances about the NSA spying, and attorney client privilege. The philosophical question is – to what extent are attorney’s legally required, and also as a matter of service, to go in order to ensure client security? Having a complete encryption solution would prevent 99% of NSA spying, […]
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GIH: The below statistics give a new perspective to the term ‘zombie nation.’ Previously, we’ve seen correlations between cocaine and the financial services industry. But with a growing number of Americans on some form of mind altering drug, it seems there are few who are not under the influence. Submitted by Michael Snyder of The American […]
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A week ago, the Dell dude warned that it’s going to be a layoff “bloodbath” as the recently LBO-ed firm began firing 15,000. Now it’s IBM’s turn. According to WRAL Tech Wire, the company which has underperformed Wall Street’s expectations for many quarters, has begun “cost-rationalizing” terminations in India – the country that hosts some 100,000 of IBM’s […]
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GIH: Scary revelations coming from the EU, regarding ‘bail-in’ strategies funded by savers. How this ‘confiscation’ of assets is to be structured and sold to the public (if they have a choice) remains to be seen. But even having such a discussion should make anyone with any assets in Europe worry. Cyprus was a ‘test […]
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Now that the full court press to refute the findings of the CBO report which, as we reported, confirmed what was largely known – that as a result of Obamacare, the strapped US economy will have even fewer workers as millions will fall back on welfare state entitlements which make hard work obsolete – has failed, […]
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GIH: An unprecedented data breach shows the real City; where brokers will do nearly anything to make a buck, including gouging clients on commissions, and stealing customer data to sell to the competition (or worse, scam artists). It’s becoming more and more difficult to differentiate between ‘legitimate’ financial institutions and ‘fraudulent’ ones, if such a […]
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The Federal Reserve (or Fed) has assumed sweeping new powers in the last year. In an unprecedented move in March 2008, the New York Fed advanced the funds for JPMorgan Chase Bank to buy investment bank Bear Stearns for pennies on the dollar. The deal was particularly controversial because Jamie Dimon, CEO of JPMorgan, sits […]
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I try my best to make people aware of the ridiculous BS that goes on behind the scenes in the halls of power. I try to help people understand the way Big Business manipulates our Government, the same way the Banksters and Billionaires manipulate the markets. In short – we explore the dark side of Capitalism as having […]
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