Global Intelligence
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Just days after major Forex banks such as Deutche Bank, Rabobank, and others “The Usual Suspects” have been fined billions for a Libor fixing scandal, the US Department of Justice officially announced a criminal investigation into the fixing of Forex rates. Oct 29 (Reuters) – The U.S. Justice Department is investigating the manipulation of foreign […]
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The economic problem with government bail-outs and intervention is they act as a huge economic player, keeping rates artificially low and stimulating those companies that work directly with the government. The economic problem with this is that while the large companies can remain afloat with this support, very little ‘trickles down’ to small enterprises which […]
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“There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that “my ignorance is just as good as your knowledge.” – Isaac Asimov The […]
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“Any formal attack on ignorance is bound to fail because the masses are always ready to defend their most precious possession – their ignorance.” – Hendrik Willem van Loon The levels of ignorance are multi-dimensional and diverse, crossing all educational, income, and professional ranks. The stench of ignorance has settled like Chinese toxic smog over […]
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According to SPIEGEL research, United States intelligence agencies have not only targeted Chancellor Angela Merkel’s cell phone, but they have also used the American Embassy in Berlin as a listening station. The revelations now pose a serious threat to German-American relations. Read full article It’s not new that there are ties between diplomatic posts and […]
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Reuters reports today that US intelligence agencies may have bugged Angela Merkel’s phone for more than 10 years. Germany is sending intelligence chiefs to Washington to discuss the matter. BERLIN (Reuters) – The United States may have bugged Angela Merkel’s phone for more than 10 years, according to a news report on Saturday that also […]
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Alan Greenspan made a shocking statement on the Daily Show: “We really can’t forecast all that well. We pretend that we can but we can’t. And markets do really weird things sometimes because they react to the way people behave, and sometimes people are a little screwy.” – Alan Greenspan, speaking this week on “The […]
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