testosteronepit's blog

“We welcome the ruling party’s victory,” said one of the faces of Japan Inc. Others chimed in. They’d been handed a huge gift.

They still obfuscate and minimize the consequences of the triple melt-down at Fukushima Daiichi.

Last week: “A culture of dangerous greed and excessive risk-taking has taken root in the banking world.” Now: a quixotic moment for those senators from both sides of the aisle

CEOs have a primary job: manipulating up the stock of their company. But why they now wallowing worldwide in 2009-like gloom about the economy’s future?

At first, it was just GlaxoSmithKline, which “confessed” to having paid bribes in China, including “sexual bribes.” Now more drugmakers are on the hot seat.

Revenues are declining. Hence the need to cut costs. Solution: offshoring to a cheap country! And it's not the only one.

Due to "technical" problems.

On the theory that you can milk a cow many times, but you can bleed it only once.

In this manner, all citizens anywhere could be under surveillance by any government, including their own, beyond any kind of effective control and oversight.

“That’s the whole dilemma!” As the G-20 is already getting cold feet....

“We’re just building a bigger and bigger time bomb.”

Technologies for gathering information, mining it, and using it, as the Snowden debacle shows, are phenomenally effective and cheap. But they're not perfect. Not yet.

They’re worried the system might break down if the bond bubble were allowed to inflate further only to implode in a “disorderly” manner.

NSA leaker Snowden shed new light on old relationships with a vibrant all-American industry

Japan’s attack in the Currency War was SUPPOSED to make it more competitive in international trade