01 April 2013
Links for Monday, 1 April - No Fooling
"The corporations that profit from permanent war need us to be afraid. Fear stops us from objecting to government spending on a bloated military. Fear means we will not ask unpleasant questions of those in power. Fear permits the government to operate in secret. Fear means we are willing to give up our rights and liberties for promises of security. The imposition of fear ensures that the corporations that wrecked the country cannot be challenged. Fear keeps us penned in like livestock."
Chris Hedges
Links For Today
Moody's Review May Dent Bank Ratings
Game of Thrones Third Series Set for UK Debut
US Manufacturing Slows
Caroline Kennedy to be Named Ambassador to Japan
Money Laundering Banks Still Get a Pass from the US - Simon Johnson
Asteri Capital and the London Whale
US Deploys Stealth Fighters to South Korea
BRICs Go Over the Wall - AsiaTimes
As Market Heats Up, Trading Slips Into the Shadows
As Banks In Cyprus Falter, Other Tax Havens Step In
At Banks, Board Pay Soars Amid Cutbacks (Quis custodiet ipsos custodes?)
More Stockman - Krugman
Big Business Believes in Subsidies, Not Free Markets - ataxingmatter
Canada Walks Out of UN Convention on Droughts
The Super Supercapacitor
The Treason of the Intellectuals - Hedges
Too Big To Jail - Mike Hudson
30 March 2013
Links For Saturday, 30 March
"Are we often weary, disheartened and sad? Do we feel weighed down by our sins? Do we think that we won’t be able to cope? Let us not close our hearts, let us not lose confidence, let us never give up: there are no situations which God cannot change, there is no sin which he cannot forgive, if only we open ourselves to him."
Francis I, Easter Vigil, 2013
Links For Today
Bill Moyers: The Hypocrisy of 'Justice for All'
David Stockman: We've Been Lied To, Robbed, and Misled (podcast)
Afghan and Iraq Wars To Cost US From $4 to 6 Trillion
Cruel and Unusual Punishment: The Shame of the Three Strikes Law - Rolling Stone
Inside the Three Strikes Project: An Inmate's Letter - Taibbi
Cyprus Depositors May Have Up to 60 Percent Seized
SAC's Steinberg Gets a Perp Walk - NYT
A Tale of Two Londons - Vanity Fair
Wall St Burden's the Public Debt - Michael Hudson
$600 Million Ponzi Scheme Collapse in North Carolina
Lesser Known Aspect of Currency War and the US Dollar - Rubino
Nation's Only State-Owned Bank the Envy of Wall Street
How G. W. Bush Won the Iraq War - Palast
Median Household Income Down 7% Since Start of Recession
28 March 2013
Gold Daily and Silver Weekly Charts
"Totalitarianism, however, does not so much promise an age of faith as an age of schizophrenia. A society becomes totalitarian when its structure becomes flagrantly artificial: that is, when its ruling class has lost its function but succeeds in clinging to power by force or fraud. Such a society, no matter how long it persists, can never afford to become either tolerant or intellectually stable...End of quarter today, and gold and silver were under pressure as the punters were pushing the SP 500 higher for that bright, shiny new high.
Totalitarianism demands, in fact, the continuous alteration of the past, and in the long run probably demands a disbelief in the very existence of objective truth.
George Orwell
I took a counter bet to that into the weekend.
Intraday commentary here.
See you Sunday night. Happy Easter.
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