Money Stuff

CNBC - NY probing banks for possible forex manipulation. I am waiting to find out what markets are not fixed.

Wall Street Journal - Shift Social Security’s start-up costs. More lies to see if they can steel your retirement funds.

Wall Street Journal - Shift retirement plans away from employers. There was a time when people went to work for companies because they offered a retirement plan. Wall Street has concluded that the only way to avoid that is to destroy all pensions.

Honolulu Civil Beat - Hawaii Lawmakers Agree to Pension Reform for New Hires. I love it, the word reform used to mean that you were going to improve a situation, now it is used to explain why you are taking things away. George Orwell would be thrilled.

Mail Online - Get ready for the real-life RoboCops: NYPD tests Google Glass to help foot patrol officers fight crime
. The article quotes some people who are trying to convince you that it will not be used for facial recognition. It is a lie, it will be used for it.

Yahoo - Business Insider - All American Credit Cards Will Disappear In 2015 And Be Replaced With This New Tech. So, very soon all of your credit and debit cards will carry a microchip, why is this not surprising, I have only been writing about this for 6 years.

Yahoo - AP - What's for dinner? The farm bill has a big impact. Now the fact that we are reducing food stamp benefits while increasing how much we give to agribusiness is annoying enough; but, watching "reporters" spin the story is sickening. The clown that wrote this article claims that by giving money to multi-billion dollar agribusiness will somehow cause food prices to go down. It won't and hasn't yet. The only price savings that will be seen will be on exports to other countries. This article is some of the most disgusting kiss up to the industry that I have seen.

The Motley Fool - Stock Market Warning Signs: Record $444.9 Billion of Debt Is Now Invested in the Market. This is scary, a half a trillion dollars in stock investments is borrowed money. The great depression was partly caused by people borrowing money that they couldn't pay back to bet on the market. If the market burps then those debts go unpaid and everything crumbles.

The problems of this world are not there because people are imperfect, they are there because we have a corrupt system. The system is one that benefits those in charge and penalizes those who are not. A system that promotes corruption and insider trading is the death toll for a society.