When New Zealand politicians say the “haircut” Open Bank Resolution (OBR) document from 2011 is different from what is happening right now in Cyprus, they’re just spouting propaganda. In small detail it may be a little bit different, but in its designed effect it is just the same. Article
Economics
https://www.youtube.com/watch?v=VxKTXO6Rhrw https://www.youtube.com/watch?v=W101r07DVww https://www.youtube.com/watch?v=lntNYsw7Fc0
The entire Western World banking system just missed the need for a bail-in by a hairs length. The next crisis in finance in North America will be a product of the FASB, the Guardians of Auditing, allowing banks to value OTC derivative paper at whatever the bank wishes. This is […]
A brilliant, yet sobering analysis of the historical crossroads we’re on now. – Ed. Mark Twain once talked about history not necessarily repeating, but he noted that history sure does rhyme. Richard Nixon was unable to survive one direct hit upon his administration, namely, the Watergate scandal. Conversely, Obama is […]
The New Yorker magazine on Wednesday unveiled a new online system for anonymous whistleblower tips, based on technology developed by the late Internet activist Aaron Swartz and a former hacker. Article
https://www.youtube.com/watch?v=C8OE0IJ7PgM
We must either defy the corporate state or accept our extinction as a species. We have been stripped of the power to express dissent or effect change. Rebellion is the only way to remain fully human. Article
Anonymous: ‘We Will Wipe You Off the Cyber Map’ Security experts say that OperationUSA, a coordinated online attack against banking and government websites slated for May 7, is a serious threat. As a result, organizations should be upping their distributed-denial-of-service attackmitigation strategies to guard against the attacks, which are being coordinated by the […]