The Lotus Formula 1 Team, Its Embarrassing Partner, Advanced Global Trading of Dubai, and Carbon Neutral Investments
On the Lotus Formula 1 team’s unfortunate entanglement with Advanced Global Trading of Dubai.
Read more...Yearly Archives: 2013
Links 11/5/13
Obamacare Bogus Numbers: Why Results Touted in West Virginia as Sign of Success Are Either Wrong or a Proof of Failure
Michael Olenick unearthed an anomaly that is so extreme that it raises doubts about the numbers that the Department of Health and Human Services is reporting for Obamacare signups and enrollments to date.
Read more...Bill Black: The U.S. Attorney Who Prosecutes JP Morgan Will Be Its First Witness
The lead investigator in the Federal prosecution against JP Morgan has said he doesn’t think it makes sense for banks to have made bad loans.
Read more...Mathew D. Rose: Germany’s Potential “Grand Coalition” – Bad for Germany and Europe
In Germany, Angela Merkel’s Christian Democratic Party and its sister party the Bavarian Christian Social Union are inexorably heading for a “grand coalition” with the Social Democrats. This would give the coalition well over a two-thirds majority in both houses of parliament, making constitutional changes a mere formality. What does this mean for Germany and what will its effect be upon the European Union and a resolution of its current economic crisis?In Germany, Angela Merkel’s Christian Democratic Party and its sister party the Bavarian Christian Social Union are inexorably heading for a “grand coalition” with the Social Democrats. This would give the coalition well over a two-thirds majority in both houses of parliament, making constitutional changes a mere formality. What does this mean for Germany and what will its effect be upon the European Union and a resolution of its current economic crisis?
Read more...Why is Google Censoring Search Results to Nix Warnings Just Like Ones Issued by a UK Regulator?
Yves here. One of the things on our very long list of important issues we’d like to write about is the way Google, an unregulated information-screener, can dictate companies’ business models and keep information out of the public eye by how they handle search queries. Richard Smith give an example below.
Read more...Links 11/4/13
Gaius Publius: The Rich – “A Class of People for Whom Humans are Disposable”
I want to give you a picture of our rulers, our betters. You may think of them as far-seeing modernists (Eric Schmidt, stand up please) or vaguely boorish (Mr. Trump? Mr. Adelson?). But even the lowest of your visions of them would, in the main, be generous.
Their depravity and psychopathology is worse than your worst imaginings.
Read more...Wolf Richter: Nobel Peace Prize, Asylum For Snowden – Germans Turn Up Heat
Yves here. The last two Snowden revelations have kicked up the public and even official unhappiness over pervasive NSA spying a notch further. I’d love to be a fly on the wall at the NSA and hear all the consternation.
Read more...Jamie Dimon, the Lance Armstrong of Finance
I’m sure some readers will protest that comparing Jamie Dimon to Lance Armstrong is unfair. After all, Dimon is better looking than Armstrong. But this post will demonstrate that the big reason that Armstong’s reputation has crashed while Dimon’s remains largely intact is first, that bank CEOs have a powerful and largely compliant messaging apparatus in the financial media and second, that we hold sports stars to much higher standards than titans of finance and commerce.
Read more...McLaren F1 & Jenson Button One Minute, Boiler Room Scams the Next: the Remarkable Double Life of Carbon Neutral Investments, Limited, (CNI)
Naked Capitalism notes that Carbon Neutral Investments, subject of a consumer warning by the UK’s FCA, has deals with Formula 1 teams McLaren and Sauber, Lord Heseltine’s publishing firm Haymarket, Newcastle United Football Club, and a host of PR and events companies, and wonders what the hell is going on.
Read more...Links 11/3/13
Seeking Reader Comments on Latest Draft of Redesign
We are getting closer!
Read more...The Global Corporatocracy is Almost Fully Operational
Yves here. I hope you don’t mind additional coverage of the pending trade pacts, this from a European perspective. This is bar none the single most important geopolitical initiative underway, yet it’s getting virtually no media play. While this discussion overlaps with our chat on Bill Moyers, many of you have friends, family members, and colleagues who don’t have time to watch a video but would read an article. Please use whatever route you think will work best with the people you know to get the word out.
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