Category Archives: Systematic Looting and other Privatization Schemes

20 Trillion Dollars hidden from the world

http://www.publicintegrity.org/2013/04/12/12488/continuing-our-investigation-trillion-dollar-world-offshore-tax-havens The exact value of wealth held offshore in tax havens is hard to come by, but it is estimated to encompass $21-32 trillion in private financial assets. For perspective on the enormity of this problem, consider this: the total … Continue reading

Posted in 1percent, Corporate Crimes, Economics 101, Evil Capitalism101, Systematic Looting and other Privatization Schemes, Tax Policy | Comments Off on 20 Trillion Dollars hidden from the world

More fracking comments on shale gas exploitation

http://www.nytimes.com/2013/04/13/opinion/china-must-exploit-its-shale-gas.html?smid=pl-share The New York Times featured an opinion piece today asserting that China must start fracking to release natural gas reserves rather than rely on increasing their use of coal for energy. I guess the writer is unaware that fracking … Continue reading

Posted in Energy Policy and Climate Change, Geopolitics, Systematic Looting and other Privatization Schemes, we don need no steeking regulations | Comments Off on More fracking comments on shale gas exploitation

Whatever happened to General McChrystal?

My Financial Times headlines yielded this nugget of information. Siemens hires former Afghanistan generalGerman group acquires services of Stanley McChrystal with aim of bolstering US government business armhttp://link.ft.com/r/M2ZOXX/DWRBYN/KESL1U/QN1CFG/HY3AXQ/VU/h?a1=2011&a2=12&a3=19 Further research demonstrated that he spent the first half of 2011 establishing … Continue reading

Posted in 1percent, Systematic Looting and other Privatization Schemes | Comments Off on Whatever happened to General McChrystal?

Romney’s missing hard drives raise questions over government records

Romney’s missing hard drives raise questions over government records This is a near-automatic post from other sites to my Blogger account. I intend to use this facility for fast-breaking news.

Posted in Republican corruption, Republican Dirty Tricks, right wing paranoia, Systematic Looting and other Privatization Schemes | Comments Off on Romney’s missing hard drives raise questions over government records

The Systematic Looting of Fannie Mae and Freddie Mac

By Olivia La Rosa -2008 We are now in the process of re-nationalizing two public corporations that were privatized long ago. These publicly-owned corporations began to be “securitized” in the mid-1970s. I was in banking then, and for the next … Continue reading

Posted in Systematic Looting and other Privatization Schemes | Comments Off on The Systematic Looting of Fannie Mae and Freddie Mac

House panel hearing explores U.S. government contractors’ exploitation of workers overseas

By Olivia LaRosaThose government entitlements corporations receive, called contracts by some, result in the enslavement of human beings and have for decades.  Yea verily even for centuries. Congress is taking note.  I bet they will order a “study” then develop … Continue reading

Posted in 1percent, Corporate Crimes, Systematic Looting and other Privatization Schemes | Comments Off on House panel hearing explores U.S. government contractors’ exploitation of workers overseas

Studies suggest MMS knew blowout preventers had ‘critical’ flaws

http://www.csmonitor.com/USA/2010/0617/Studies-suggest-MMS-knew-blowout-preventers-had-critical-flaws And Big Oil-led study earlier suggested that safety procedures were overdone. Noooo, we don’t need effective regulation! That’s for sissies. Just stop to think for a moment whether the privatization of the oil industry is a good thing for … Continue reading

Posted in Corporate Crimes, Systematic Looting and other Privatization Schemes | Comments Off on Studies suggest MMS knew blowout preventers had ‘critical’ flaws