Google Goes Evil, Sets Stage for Corporate Takeover of Internet

Stacy Summary: Well, Google/NSA are about to go full steam ahead to the dark side. We all knew this would happen, of course, for in an Orwellian world must often understand most statements of intent and mottos to mean the exact opposite. So, guess we’ll have to meet back in meat space soon? More on Google going evil.

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Max Keiser: Expanding the Public Wealth and Defending the Common Good

Stacy Summary: Latest piece by Max on Huffington Post: Expanding the Public’s Wealth & Defending the Interests of the Common Good

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Mike Jensen: Americans Unite — This is an emergency!

Stacy Summary:  This item was sent to us by the author, American’s Unite — This is an emergency!

  • Problem #1: The BP of genetically modified plant seed, Monsanto, is striving to take over the food market.
  • Problem #2: There are 19 million empty houses in the US with more on the way. (3.8 million predicted for this year and looks to continue that pace until July 2011.)
  • Problem #3: More than 49.1 million people do not have enough food in the USA. (About 1 in 7 people!)

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Matt Simmons Either Drowned at His Home, Or Died of a Heart Attack

Stacy Summary: Conflicting reports on the death of Matt Simmons late last night at the age of 67. He either drowned at home; or died of heart attack. Or it was probably both. He was quite prominent during the BP oil spill; and I did see some on the Oil Drum suggest that because he wasn’t making his normal sense, he might be ill.

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Keiser: ‘US financial elite destroy the dollar’

Stacy Summary: Max Keiser: ‘US financial elite destroy the dollar’

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PirateMyfilm: Making A High Quality Film On The Cheap With A Digital SLR

Jim Harper (who, it should be noted, was the guy who invited me to that Cato event in the first place), reminds us of this with a blog post jokingly entitled How to Make a $200 Million Movie, but which actually shows how it’s getting cheaper and cheaper to make a film these days. More

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Muscovites Flee Worst Heat ‘in 1,000 Years’ and Toxic Smog; Death Rate Doubles

Stacy Summary:  It gets worse and worse for Moscow; this is not going to help their bond market.  And we’ll have to wait and see if force majeure is declared on these Russian wheat contracts and, if so, what the knock on effect will be.

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“About two thirds of the opium is turned into heroin before it leaves Afghanistan and goes on to feed some 15 million addicts, mainly in Russia, Iran and Europe.”

UN findings say an opium market worth $65bn (£39bn) funds global terrorism, caters to 15 million addicts, and kills 100,000 people every year. Since 2005, the Taliban have made up to $160 million (0.2% market) a year from taxing cultivation and trade of the crop, according to foreign diplomats. More

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Janet Tavakoli: What about Sarbanes Oxley? And who will investigate the FCIC?

Stacy Summary: Another great interview with Janet Tavakoli. Here she talks about Ambac being to Citi what AIG was to Goldman and, importantly, asks what about Sarbanes-Oxley? Why have Citi and Goldman merely paid fines for their accounting fraud? We’re interviewing William K. Black for this Thursday’s Keiser Report and we plan on asking him this. (Took away the embed, follow link above to watch).

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[OTE67] On the Edge with Max Keiser and Danny Schechter

Stacy Summary:  I missed the first 90 seconds of the interview with Danny Schechter, director and producer of Plunder: The Crime of Our Time. The missing bit is mostly just the intro to the guest, let’s go do New York and talk to Danny Schechter, blah blah blah.  The first question was something along the lines of, “Three years ago this month, the financial crisis began.  How are things today?” **UPDATE:** Link to full program.

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Pakistan needs billions to recover from floods, while India & central Europe hit by deadly flash floods and China by landslides

Stacy Summary: I know, I know, climate has nothing to do with markets, finance or economy.  You don’t need to tell me again.  But, for those that are interested in the economic impact of the almost monthly once in 1,000 year floods and heatwaves, the story below offers some information.  By the way, Pakistan’s total GDP last year was $177 billion.

Related news today:

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“A part of me feels reawakened, full of the moment and excited about filmmaking again.”

I’m more tired than I’ve been in a long time. It started at 8:30 this morning, my assistants showed up at 11:00, we got to shooting by 12:30 and didn’t finished until after 22:00. It was a long day. I was able to keep schedule for the most part, we only went about an hour and a half over what was planned. More

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Empire Suicide Watch: Library Board president says keeping the books around would pose a fire hazard.

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MSFT downgraded; 70 percent of college freshman are entering school with Macs

Stacy Summary:  I can’t believe it took an entire generation, but, alas, Americans are finally stepping away from their slavery to Microsoft’s sh*&^y products. (Full disclosure, I’ve owned a Mac since 1986 & have never owned a PC though have had to use one at most of my previous jobs).

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