Global Intelligence
Bitcoin is continually being driven higher by a number of forces, such as gaining credibility by now being legally accepted by merchants, being discussed as currency in front of the US Senate, and a general fear of paper currencies collapsing. From Zero Hedge: UPDATE: … And then Bitcoin collapses 13% minutes later… [5] It […]
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On the outside America seems to be operating as usual. Even the data doesn’t paint a sufficiently grim picture on the state of the economy. 68% of Americans believe the country is on the wrong track. But it’s going to get much worse next year when Obamacare kicks in, wreaking economic havoc for families and […]
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The NSA has been found to tap into Level3’s backbone internet cables, through a variety of means. According to Level3 financials, it seems they have an open agreement with the US departments of defense, justice, and homeland security. More disturbing is the fact that if tech companies don’t cooperate, they’ll just get the data downstream […]
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Local American forces are becoming militarized with battle tested soldier gear. The latest is an 18 ton armor protected military fighting vehicle (not a transport vehicle). Police say this will help better ‘serve and protect’ – but there have already been cases of abuse, with some selling the gear on ebay, and others letting their […]
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We are presented choices; Coke vs. Pepsi, KitKat vs. Snickers, etc. Tracing back 99% of products we are offered as choices leads back to 10 main corporations. While these represent the retail market, the same is true for most components of society, politics, defense, computing, healthcare. Also interesting is how although even the 10 corporations […]
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Banks have warned that if the Fed lowers the deposit rate on deposits they hold at the Fed (currently .25%) they would need to pass on the cost to the end user (depositor) to cover costs of Federal Insurance (FDIC) and other overhead costs associated with holding deposits. Passing on fees to customers would likely […]
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A risky maneuver of the melted Fukushima Daiichi reactor could cause a significant risk for uncontrolled global nuclear radiation, say experts: After repeated delays since the summer of 2011, the Tokyo Electric Power Company has launched a high-risk operation to empty the spent-fuel pool atop Reactor 4 at the Dai-ichi (No.1) Fukushima Nuclear Power Plant. […]
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In a bold pro-corporate move, Switzerland has rejected a proposal that would limit executive pay. Only 6 months ago, 70% of Switzerland supported and applauded this proposal. See infographic. More from Zero Hedge: Confirming that the brotherhood of the “fairness doctrine” in which everyone is equal to everyone else (but some are too big to fail […]
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Apparently, 2170 people control more wealth than twice the GDP of the United States, supposedly the most economically strong country in the world. Their wealth has increased by 60% since 2009. They largely operate behind the scenes, but considering their economic influence, they should not be disregarded as just benefactors of a good economy. If […]
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