02011 November 29  

How Paulson Gave Hedge Funds Advance Word of Planned Treasury Intervention 2008

One of the things I’m sure that most 99%ers would agree is someone should not be able to profit from insider information, especially when its coming from government.  After the Bear Stearns collapse, Paulson tells the mass media one story and then tells hedge fund managers what’s really going to happen with Fannie Mae and Freddie Mac. One fund manager acted to cover his ass:

The fund manager who described the meeting left after coffee and called his lawyer. The attorney’s quick conclusion: Paulson’s talk was material nonpublic information, and his client should immediately stop trading the shares of Washington- based Fannie and McLean, Virginia-based Freddie. [http://www.bloomberg.com/news/2011-11-29/how-henry-paulson-gave-hedge-funds-advance-word-of-2008-fannie-mae-rescue.html]

Naturally, how to determine if the other hedge funds shorted [another problem with legacy equity systems that I describe in permanent equity] the GSE stocks once they learned this isn’t possible from current financial tracking systems.

02011 November 22  

Fascinating XKCD Infographic on Money

http://xkcd.com/980/ reminds me of the grand National Geographic posters on selected topics, you could hang them up on your wall and read and re-read them forever.

 

02011 October 27  

Check the Blogroll

Enjoy. Want on this list? Send me a comment with why. BitCoin-bugs keep on walking by.
  • Adam Curtis A documentary film maker, whose work includes The Power of Nightmares, The Century of the Self, The Mayfair Set, Pandora’s Box, The Trap and The Living Dead.
  • Apocadocs A humorous focus on the true, frightening realities facing humankind.
  • Defence and the National Interest
  • FOFOA Discussions about money and economics.
  • Freak Revolution We WIN at Life.
  • George Washington’s Blog News and Thoughts from the Anonymous Geo. Washington
  • Gonzo Times
  • GreenTechMedia a fully integrated online-media company comprised of cutting-edge news, in-depth market research, and focused industry events.
  • Occupy Wall Street
  • Permaculture TV Creating educational and documentary video that will empower self-help by increasing food security and community resilience in a time of economic and ecological crisis.
  • Post-HierⒶrchy Documenting Nomadic Anarcho-Primitivism
  • QuestionCopyright
  • Ran Prieuer I am not goal-oriented. You could say I’m “process-oriented” or that I “surf the flow”.
  • Skilluminati Research
  • Slow Food We believe that everyone has a fundamental right to pleasure and consequently the responsibility to protect the heritage of food, tradition and culture that make this pleasure possible.
  • Slow Movement The Slow Movement aims to address the issue of ‘time poverty’ through making connections.
  • TCN Radio
  • TED We believe passionately in the power of ideas to change attitudes, lives and ultimately, the world.
  • The Archdruid Report Druid perspectives on nature, culture, and the future of industrial society
  • The New Significance Exploring revolutionary forces for change & autonomy in the 21st Century…
  • TIM BOUCHER, BALTIMORE
  • Tom Dispatch
  • Transformational Logistics is an umbrella term for Logistics and the Informal Economy The informal or shadow economy describes those business or transactional practices that are not regulated and do not comply with official taxation procedures.
  • Transition Towns A community working together to look Peak Oil and Climate Change squarely in the eye.
  • World Changing We cover the world’s most innovative solutions to the planet’s problems, and inspire readers around the world with stories of new tools, models and ideas for building a bright green future.
  • YES! Magazine Award-winning, solution-oriented journalism covering peace, justice and sustainability innovations in the US and beyond. Independent, nonprofit media.
  • Zero Hedge to widen the scope of financial, economic and political information available to the professional investing public. to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become.
02011 October 27  

We might advance an “economics” that looks nothing like the way the discipline is currently organized…

We might advance an “economics” that looks nothing like the way the discipline is currently organized—demolishing the myths of capitalism instead of peddling them as the priests of the dominant market religion. And we might advance a form of social organization that doesn’t resemble an “economy” in the conventional sense of the term, but allows for the conscious creation of our everyday lives instead of the compulsory labor we’re told is necessary for a system that “works,” but obviously doesn’t.
— Deric Shannon

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