RINF.COM: THE BREAKING NEWS ALTERNATIVE
RINF.COM: THE BREAKING NEWS ALTERNATIVE
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Money« Previous EntriesDisgusting Profits by Armament CompaniesTuesday, April 1st, 2008I’ve been joking the last few years that if you invested in military stocks on January 20, 2001, you’d be sitting pretty right now. Well, now I’ve got some more evidence to back up that not-so-funny joke. Since the Iraq War began, aerospace and defense industry stocks have more than doubled. General Dynamics did even better than that. Its stock has tripled. Banking on its Abrams tanks and Stryker troop transports, General Dynamics gobbled up ... tagged Iraq, Money and USA-NewsFederal Reserve could be given more powerSaturday, March 29th, 2008America's Treasury Department will tomorrow put forward plans for a revamp of US financial regulation in an attempt to curb the lending excesses that triggered the credit crisis. The new blueprint, drawn up by Treasury secretary Hank Paulson, would, if adopted, replace a system that has been built up over more than a century. The Federal Reserve would be given broad powers over financial markets, including a remit to investigate any ... tagged Money and USA-NewsBlackwater sells itself as a peacekeeperWednesday, March 19th, 2008Blackwater Worldwide, the private security company whose guards are accused of shooting dead 17 Iraqi civilians last year, is attempting to reposition itself as a peacekeeping force as work in Iraq begins to dry up. Adverts have appeared in security industry journals featuring mothers feeding babies and Blackwater guards smiling as children play in the street. The US-based company has also set up a subsidiary, Greystone, which is seeking to win peacekeeping ... tagged Military and MoneyFears mount over US economyFriday, March 14th, 2008The US economy has been hit by more bleak news, with a series of announcements adding to an already gloomy picture. A slump in consumer spending, another drop in the dollar, and oil prices at new highs pushed the White House to admit that the next few months would be "difficult and challenging".... tagged MoneyBanking with Hitler during World War IIThursday, February 14th, 2008thecounterpunch This investigative film shows in detail the roles played by the Anglo-German banking Cartel (notably the Bank of England controlled by the Rothschild and the Chase National Bank controlled by the Rockfeller as well as the Harriman/Bush's Bank) through the BIS the Bank of International Settlement not only before the war but during the war. The BIS was originally established in May 1930 ... tagged MoneyAmid record losses, Wall Street awarded itself $39 bilThursday, January 24th, 2008By Andre Damon The five largest Wall Street banks doled out a record $39 billion in bonuses last year, according to data collected by the Bloomberg news service. After driving hundreds of thousands of families into foreclosure, causing a financial crisis affecting hundreds of millions, and pushing the US and world economies closer to recession, it appears Wall Street is rewarding itself for a job well done. The banks announced ... tagged MoneyThe McDonalds Happy Meal Report CardMonday, January 21st, 2008
[Seminole County, Florida, is a hotbed of opposition to teaching evolution]
AD AGE - "This is a good day for parents and children in Seminole County and anyone who believes that corporations should not prey on children in schools," said Dr. Susan Linn, director of the Campaign for a Commercial-Free Childhood. "We are ...
tagged MoneyBig Business Is Even More Unpopular Than You ThinkThursday, January 17th, 2008Robert Weissman The U.S. public holds Big Business in shockingly low regard. A November 2007 Harris poll found that less than 15 percent of the population believes each of the following industries to be “generally honest and trustworthy:” tobacco companies (3 percent); oil companies (3 percent); managed care companies such as HMOs (5 percent); health insurance companies (7 percent); telephone companies (10 percent); life insurance companies (10 percent); online ... tagged MoneyDollar Mixed As Wall Street TumblesSunday, January 13th, 2008Associated Press The dollar rose slightly against the euro and pound on Friday, benefiting from nervous currency investors withdrawing from risky "carry trades." A slumping Wall Street, which fell more than 300 points on Friday, drove traders away from those trades. Carry trades involve borrowing currencies from countries with low interest rates, such as Japan and Switzerland, and investing the funds in higher-yielding assets elsewhere. Carry-trade beneficiaries are usually the euro ... tagged MoneySinking dollar alters the game in 2008Friday, January 4th, 2008Templewest Almost every news network did a story in 2007 about foreigners coming to the states to shop and invest, even in real estate. What compelled this behavior? Among the many troubles confounding Fed Chairman Ben Bernanke during this credit crisis is the steady decline of the U.S. dollar. He and the Fed have reduced the federal funds target rate, which now stands at 4.25, attempting to stimulate lending ... tagged MoneyUn-American Lockheed Martin and Treason for ProfitThursday, January 3rd, 2008As more news about Benazir Bhutto's assassination comes out, clearly implicating the Musharraff regime in the murder, our tax dollars are going toward paying Lockheed Martin for weapons to Pakistan. "Washington, Jan 1 - The US Defence Department has awarded a $498.2 million contract to Lockheed Martin Corp to supply 18 F-16 aircraft to Pakistan just ten days after the US Congress slapped restrictions on ... tagged MoneyDollar declines as traders wrangle over Fed rate cutsMonday, December 24th, 2007The US dollar declined against the euro and the pound on Friday as traders continued to hotly debate whether the US Federal Reserve would continue cutting interest rates amid economic uncertainty. The euro was swapping hands at US$1.4378 in late afternoon trading in New York, up from US$1.4320 late on Thursday. The British pound was quoted at US$1.9841, up from US$1.9830 a day earlier. Although the pound gained ground it has dropped below ... tagged MoneyThe U.S. dollar is bouncing off of 30 year lowsFriday, December 21st, 2007The U.S. dollar index goes all the way back to March of 1973. However this 30 year chart of the index shows how the U.S. dollar is holding up against a basket of currencies. It's weighted against 6 currencies (Euro, Japanese yen, Great British pound, Canadian dollar, Swedish krona and Swiss franc). Click on the chart below to see an enlarged version of it. You'll find that the index has bounced ... tagged MoneyMorgan Stanley Bank secures $5bn China bailoutThursday, December 20th, 2007Belly Up Banks, ready to go under? Only 40 Billion of the 150 - 300 Billions Sub prime debts has thus far been written off, what will happen when the other 110 - 260 Billion is written off? NOTE: Sub prime debt - The BUSH crooks say the figure is 150 Billion, the bank of England says it is 200 Billion and we have conservative punters saying it is more likely 300 ... tagged MoneyThe Dollar FallbackSunday, December 16th, 2007Until late January this year, the hosiery town of Tirupur had been in a state of euphoria. Within days, its glee turned into a grimace. Until late January this year, the hosiery town of Tirupur had been in a state of euphoria. Within days, its glee turned into a grimace. In February, the US dollar depreciated against the Indian rupee. The rupee value of the dollar slipped south from Rs 46 ... tagged Money« Previous Entries |
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