18 October 2009

Wall Street’s Naked Swindle

“We’re in a place we haven’t been since the Depression: Our economy is so completely fucked, the rich are running out of things to steal.”

In his article, Matt Taibbi explains, in great detail, how naked short selling has been used to manipulate the markets into killing investment banks. Unless you’re already an expert on how the stock market works, start by watching this accompanying short explanation of short selling.

Based on a pattern of linkage deserving articles in Rolling Stone, I’ll try to follow Taibbi‘s writings carefully in the future.

[via:Thomas N.]

8 October 2009

Rich Dicks

[via:Merlin Mann]

28 September 2009

Fortune interviews Mark Whitacre, ADM price-fixing whistleblower and compulsive liar

Whitacre discusses bipolar disorder, prison, his marriage, lying to Fortune in an earlier interview and Steven Soderbergh’s new film, “The Informant!” where his person is presented by Matt Damon. The book on which “The Informant!” is based comes highly recommended.


23 August 2009

Ass Pennies (Upright Citizens Brigade)

From this show.

[via:Merlin Mann]

10 August 2009

Global market to be increasingly automated by computers trading against one another for millisecond profits

“Yay, let’s build a big ass hall of servers to help us play Economy”


21 July 2009

How Money Messes With Your Mind

[via:Hacker News]

7 July 2009

The Great American Bubble Machine

Controversial article on Goldman Sachs’ role as a market manipulator since the Great Depression.

30 June 2009

The Pirate Bay goes legal

This is a clear sign of the need for real decentralization. Bittorrent is awesome technology, but clearly not independent enough for these kinds of controversial but necessary infrastructure projects.

Also: TBP’s blog entry.


24 March 2009

abraham lincoln united states five dollar bill moneygami.jpg

Stolen Moneygami

It’s a shame that the entry fails to mention the source of the images.


21 March 2009

California motorists pull over, risk lives by chasing money thrown by drug dealers in highway car chase

7 July 2008

The New Pyramid of the Capitalist System

This has been all over the Internet for the last week or so, but I haven’t been able to figure out where it’s from (the images link to full size versions).

The New Pyramid of the Capitalist System

Whoever made this was obviously thinking of classic posters such as the one below.

Pyramid of Capitalist System, old propaganda poster


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