• Capitalist Exploits
    09/20/2014 - 11:12
    There is no perfect system or place on our blue planet, so spare me your pious lectures about poverty in the 3rd world until, say, you've fixed your own f***ing Detroit!

Fox News

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Fukushima Debris "Island" The Size Of Texas Near US West Coast





While it took Japan over two years to admit the Fukushima situation on the ground is "out of control", a development many had predicted for years, a just as important topic is what are the implications of this uncontrolled radioactive disaster on not only the local environment and society but also globally, particularly Japan's neighbor across the Pacific - the US. To be sure, there has been much speculation, much of it unjustified, in the past two years debating when, how substantial and how acute any potential debris from Fukushima would be on the US. Which is why it was somewhat surprising to see the NOAA come out with its own modeling effort, which shows that not only "some buoyant items first reached the Pacific Northwest coast during winter 2011-2012" but to openly confirm that a debris field weighing over 1 million tons, and larger than Texas is now on the verge of hitting the American coastline, just west off the state of California.

 
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Tired Of Living Without Your Triple Macchiato Spiced Latte? There's Food Stamps For That!





A disturbing story is starting to make waves once again on the internet, according to Ben Swann who notes, you can now pay for Starbucks with food stamps. The story, which previously aired on FOX12, sees Jackie Fowler, a Salem, Oregon food stamp recipient, went inside the luxury Starbucks franchise located inside of a Safeway grocery store with the local Fox News station filming. She purchased one tall Frappaccino and a slice of pumpkin loaf. Her total was $5.25. She slid out her Oregon Trail food stamp card, paid in part by the federal government, and handed it to the cashier who processed the transaction. Fowler only made the purchase to assist FOX but it indicates just how deeply the ECBT card has become embedded in US society when, as she notes, coffee's "overpriced as it is, that's money that somebody could be eating with."

 
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FOX News Hacked: "Stuff Yo!"





It would appear the main FOX News homepage has been hacked (most likely a DNS hack given some see no changes)... or perhaps this is what the mainstream media has become... "stuff yo!"... although the lack of slideshows and kittens suggests otherwise.

 
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Guest Post: The Noble Lie Of Government Healthcare





“If you like your health care plan, you can keep your health care plan.”

These words, spoken by U.S. President Barack Obama in various forms and iterations, have become a running joke amidst the rollout of the Affordable Care Act. All across the country, hundreds of thousands of citizens are receiving cancellation notices in the mail. The stringent requirements for insurance plans under the new edict are curtailing many individual policies. A simpleton can grasp the economics: you prohibit something, it goes away. And yet, for years prior, the White House ignored the oncoming train and is now slowly inching away from the wreckage.

This was not the unforeseen consequence of good-intentioned legislation.

 
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Guest Post: The Possible Outcomes Of The Shutdown Theater





Only a week ago, the consensus among most mainstream economic analysts and even some alternative analysts was that a government shutdown was not going to happen. The Republicans would fold in the shadow of President Barack Obama’s overwhelming drive for socialization, spending would continue to grow unabated, and the debt ceiling would be vaulted yet again to feed the bureaucratic machine with more fiat. Today, there is no consensus, very few people continue to be so blithely self-assured and even the mainstream is beginning to wonder if a much bigger game is afoot here.

 
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Detroit Mayor Gets 28 Year Sentence For Corruption





Following his "yearslong scheme to shakedown contractors and reward allies," Kwame Kilpatrick - who served as Detroit Mayor from 2002 to 2008 - was this morning sentenced to 28 years in prison for corruption. Regarded by many as a key contributor to Detroit's eventual downfall, it seems Kilpatrick is somewhat repentant, stating, "the people here are suffering, they're hurting. A great deal of that hurt I accept responsibility for." Agents who pored over bank accounts and credit cards said Kilpatrick spent $840,000 beyond his salary during his time as mayor. Having resigned in 2008 over a sexting scandal, the scale of his corruption, prosecutors added, "exacerbated the crisis."

 
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Video Of Washington D.C. Car Chase





Dramatic footage in this Fox News video.

 
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Matt Taibbi On The CNBC "Presstitutes"





1. presstitute
A member of the media who will alter their story and reporting based on financial interests or other ties with usually partisan individuals or groups.

It has become abundantly clear in recent years that the mainstream media can not be identified as anything other that a collective of mediocre, corporate/government ass-kissing presstitutes. CNBC has a special position in the presstitute media hierarchy.

 
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Guest Post: You Know You Are A Neocon If...





Over the past several decades, a tumorous growth has emerged from and taken over the Republican Party. This cancer is called a neoconservative, or colloquially just simply neocon. These folks are extremely insecure and hotheaded. It is best to avoid them in the wild whenever possible. Some signs that you may be in the presence of one are below...

 
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US Finally Admits What Ron Paul Said: "Nobody Knows Who Set Off The Gas"





The AP reports that US intelligence officials are admitting that linking Syrian President Bashar Assad or his inner circle to an alleged chemical weapons attack is no "slam dunk," as opposed to Obama (and Kerry) who are 'unequivocal' of the fact. This would appear to confirm Ron Paul's comments this morning on Fox News that "We're not positive who set off the gas," and indeed - who is set to benefit most from any Assad-regime-smackdown? Al-Qaeda. "Assad is not an idiot," Paul adds, "it's unlikely he would do this on purpose... look how many lies were told to us about Saddam Hussein prior to that build-up." A lot of uncomrtable truths in this brief clip for an administration that has crossed its own red line (as we noted here) on actions against Syria now... "I think it's a false flag..." Paul adds, there is a big risk that "we are getting sucked in" and the American people are against this war.

 
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Frontrunning: August 19





  • Egypt, U.S. on Collision Course (WSJ), Gunmen kill 24 Egyptian police in Sinai ambush (Reuters)
  • India’s efforts fail to prevent new rupee low (FT)
  • More bad news for AAPL: Steve Jobs Biopic Crashes on Opening Weekend (WSJ)
  • "Sustainable" - U.S. Stocks Beat BRICs by Most Ever Amid Market Flight (BBG)
  • Merkel cancels election rally after hostage taking (Reuters)
  • Some day, Abenomics might work... Not today though: Japan Exports Rise Most Since ’10 as Deficit Swells (BBG)
  • China July Home Prices Rise as Nation Seeks Long-Term Policy (BBG)
  • Spanish Bank’s Bad Loan Ratio Rises to Record in June (Reuters)
  • Recovery... for some - Ferrari NART Spyder Sets $27.5 Million Auction Record (BBG)
  • Bund yields hit 17-month high, rupee slumps (Reuters)
  • Regulatory Headaches Worsen for J.P. Morgan (WSJ)
 
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If This Guy Is What The Future Of America Looks Like, We Are In Big Trouble





Recently, Fox News interviewed a self-described beach bum named Jason Greenslate who was very open about the fact that he has no problem sponging off of all the rest of us.  When he was asked if he ever had any interest in actually getting a job, his response was "not whatsoever".  Instead, he says that his job is to "make sure the sun's up and the girls are out" and he would rather spend his days partying.  Of course every American should be free to live their own lives as they see fit, but the problem is that Jason Greenslate is using food stamps to help support his lifestyle. Of course the vast majority of those enrolled in the food stamp program are not like this. But there are also those such as Jason Greenslate that are openly abusing the system and making it more difficult for those that actually need the help to get it. Sadly, he is a product of the system that he was raised in.

 
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