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Hedge fund moguls who played role in Puerto Rico's money woes will be greeted by protesters at swanky fundraiser for Gov. Cuomo ; Friday, July 10, 2015 ; ; Quote:
[Vulture] funds have bought up huge chucks of Puerto Rican debt at discount prices, pushed the island to borrow more, and are driving toward devastating austerity measures , , , Andrew Feldstein’s BlueMountain, for example, holds $400 million in Puerto Rico electric authority bonds, and it successfully sued in federal court last year to overturn a Puerto Rican law that would have allowed the company to file for bankruptcy . . . Meanwhile, ordinary residents of the island are paying a steep price. On July 1, the island’s sales tax jumped from 7% to a whopping 11.5%, to help pay for a set of bonds backed by sales tax revenue . . . Even worse, a recent report by former International Monetary Fund economists has proposed lowering the island’s minimum wage, reducing benefits for government workers and slashing social spending further.
General Discussion / Who Are The Hedge Clippers?
« Last post by maverickrose on Today at 11:29:36 AM »
"The Hedge Clippers are working to expose the mechanisms hedge funds and billionaires use to influence government and politics in order to expand their wealth, influence and power.  We’re exposing the collateral damage billionaire-driven politics inflicts on our communities, our climate, our economy and our democracy.  We’re calling out the politicians that do the dirty work billionaires demand, and we’re calling on all Americans to stand up for a government and an economy that works for all of us, not just the wealthy and well-connected."

The Hedge Papers

the llC files
"China has recently taken an important step in more tightly regulating foreign non-governmental organizations (NGOs) inside the country. Despite condemnation from so called human rights groups in the West, China’s move should be understood as a critical decision to assert sovereignty over its own political space. Naturally, the shrill cries of “repression” and “hostility toward civil society” from western NGOs have done little to shake the resolve of Beijing as the government has recognized the critical importance of cutting off all avenues for political and social destabilization."
"Windows 10 has just arrived and there’s a new Privacy Policy and Service Agreement from Microsoft coming swiftly in its wake. The new policies take effect on 1 August and there are a few unsettling things nestling in there that you should be thinking about if you’re using the company’s services and software."
The Lounge / Re: The Hubbert's Arms Juke Box
« Last post by wadty on Today at 05:34:13 AM »
used to walk home when i missed the last train working as a doorman at the theatre, i would listen to joni mitchell on my walkman. Went through this album both sides and back it was a 10 k walk
The Lounge / Re: Personal doom
« Last post by Chesire on Today at 04:13:09 AM »
Last time I was doing really good was 2005. No debt, a paid-off vehicle, decent job and a 3 bedroom with a couple roommates. Then I went back to college, and the economy went to shit.

Those days are long over.

Yep, more and more people are realising it, too.

Ches, good luck making $700 a week delivering pizzas these days...
no shit   
i worked like 70 hours a week though and knew my delivery area like the back of my hand >:D
The Lounge / Re: Personal doom
« Last post by TheWarriorMax on Today at 04:11:24 AM »
Last time I was doing really good was 2005. No debt, a paid-off vehicle, decent job and a 3 bedroom with a couple roommates. Then I went back to college, and the economy went to shit.

Those days are long over.

Yep, more and more people are realising it, too.

Ches, good luck making $700 a week delivering pizzas these days...
i do think oil was the first one to jump and say boo because ALL markets are predicated upon the seamless and unnoticed delivery of oil for all things consumed. It has bit several times since the 1970s and each time our media propaganda obfuscates it with the 'dirty arabs' or lately americas oil renaissance , meanwhile a discovery of magnitude matching that of human population growth has not been seen since the 1960s. i get what you're saying dead.....MEAT! that populations will demand oil when it's affordable and no problems presented along side it. This is the beauty of propaganda bernays envisioned  for mass herding of public perception.. Price goes up price goes down, that's all joe citizen needs to know. Any under lying questions about why are laughed off or given convoluted untrue replies and more recently outright hostility. Market manipulation for price has helped immensely to side step the issue of resources particularly in this case of oil. Yes the price has been deflated with the advent of fracking and utilization of unused methods previously discarded/ignored by oil majors. This is the economics/oil bubble. Oil was not ever this closely associated with an economic stimulus before. It was peripheral, but this bubble from beginning in 2009 has oil a primacy ingredient without which the economic bubble i.e. trillions of market dollars would not have been dumped into the market, unless oil was an underlying guarantee in the name of performance. In other words it has been a slight of hand while other indicators fell/failed oil kept economics rolling. Now the leverage that oil has for continued debt build is being called similar to a hand in poker. Many players are looking over their cards to see who will blink and who will call and or raise. Saudi at the moment seems to have the strongest hand, Who will get dealt iran or does iran suddenly become a new/old player to the table?
 Now more than ever economies are about oil and only about oil, the rest of it including money known as the petrodollar hinge in the balance. The outcome may not be anything different than a basket of currencies, by that i mean oil will continue to be an obfuscated commodity, but it will most definitely signify the demise of the petrodollar.

 Yada Yada Yada i know go back to the sheisha and throwing bones at the dog.
thanks guys.  ill contact bill if thats the path i am on.   im going with insane  pancreatitis for no obvious reason diagnosis for now.  aint life grand.  haha. 

and here i thought i was going to melt from ebola, hahahA

i would say eat healthy and and dont drink and smoke and exercise a lot, dont listen to me,, ;D ;D

you forgot to say drink lots of white tea  brewed by the sun   and for the darker types bathed in the light of a silvery moon

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