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Trade-Exchange Rates

  • US company turns plastic waste into oil
    15 April 2009 par (Open-Publishing)

    US company turns plastic waste into oil
    Could lead to 20 per cent cut in crude oil demand
    Posted by Aharon Etengoff at 05:48 AM GMT on Mar 18, 2009 OREGON-BASED Agri-Plas has managed to successfully convert discarded agricultural plastic into crude oil.
    The company recently delivered its first full tanker (8,200 gallons) of oil to a Washington state refinery for further processing.
    "This technology allows us to continually reuse petroleum-based products over and over again," Dari (…)

  • The imbecility of financial markets
    14 April 2009 par (Open-Publishing)

    The imbecility of financial markets
    By Dr.-Ing. Artur P. Schmidt
    Tuesday, 14 April 2009
    The U.S. sold 27 trillion USD in toxic credit-bundling products all over the world. The success was based to the fact that every minute a new idiot as a buyer was found - to finance the ailing U.S. empire. The process of globalization was the Idiotisierung of internationalized financial markets. Today, many banks are still houses the morgue.
    Continue to read: (…)

  • Cooperation or Competition?
    13 April 2009 par (Open-Publishing)

    Cooperation or Competition?
    Major economic crises had in the past, the outbreak of war encouraged, or at least they were usually preceded. It is not clear whether the war was followed by the crisis to the incompetence of those responsible, and deflect the anger of the victim to steer to the outside, or whether the crisis of the leaders was staged, with the war to make their political ideas forward. If the former, the opinion is widespread, the latter seems to me on closer inspection, the (…)

  • The Money Masters - How International Bankers Gained Control of America
    7 April 2009 par (Open-Publishing)

    http://video.google.com/videoplay?docid=-515319560256183936&ei=WoLbSeehJ4L4-AaZ_4yRBw&q=money+masters

  • Did the ECB Save COMEX from Gold Default?
    2 April 2009 par (Open-Publishing)

    Did the ECB Save COMEX from Gold Default?
    April 02, 2009
    On Tuesday morning, gold derivatives dealers, who had sold short in the face of a fast rising gold price, faced a serious predicament. Some 27,000 + contracts, representing about 15% of the April COMEX gold futures contracts remained open. Technically, short sellers are required to give “notice” of delivery to long buyers. However, in reality, buyers are the ones who control the amount of gold to be delivered. They “demand” (…)

  • What Now, America?
    2 April 2009 par (Open-Publishing)
    2 comments

    What Now, America?
    Jill Ettinger
    Like most Americans, I’ve been consumed with news about the circus our financial system has become, realizing this is probably just the first act of a much bigger show. And like many, I’ll admit my extremely limited knowledge of Wall Street dealings was never much of a concern to me. Yes, I’ve read Matt Taibbi’s enlightening piece in Rolling Stone (April 2009 issue) and Jake DeSantis’ resignation letter to AIG reprinted in the New York Times. I watch The (…)

  • Money in Crisis
    29 March 2009 par (Open-Publishing)

    Money in Crisis
    by Lionel Trilling
    Historical changes, involving unparalleled speed, scale and complexity, are reshaping our money system. Banks and financial services, under pressure from the cyber-economy, are transforming dramatically. Market innovations, such as Open Finance, make it more difficult than ever for regulators to define what a bank even is, or what money is theirs to manage. New players are vying for power and influence, both in our societies and in our monetary systems. (…)

  • The Fall of the Towers of Wall Street
    25 March 2009 par (Open-Publishing)

    Capitalism From the Standpoint of Its Victims by M. SHAHID ALAM
    It has never been easy offering a critique of capitalism or markets to my undergraduate students. Most have never heard an unkind word about these bedrock institutions, which they know to be the foundations of American power and prosperity..
    http://www.counterpunch.org/shahid0...

  • What is technocapitalism ?
    19 March 2009 par (Open-Publishing)

    What is technocapitalism ? Technocapitalism is a new form of market capitalism that is rooted in technological invention and innovation. It can be considered an emerging era, now in its early stage, that is supported by such intangibles as creativity and knowledge. Intangibles are at the core of technocapitalism. Creativity and knowledge are to technocapitalism what tangible raw materials, factory labor and capital were to industrial capitalism. During industrial capitalism, tangible (…)

  • Steps to Financial Cataclysm Paved with Industry Dollars
    19 March 2009 par (Open-Publishing)

    $5 BILLION IN POLITICAL CONTRIBUTIONS BOUGHT WALL STREET FREEDOM FROM REGULATION, RESTRAINT, REPORT FINDS
    Steps to Financial Cataclysm Paved with Industry Dollars
    March 4 - The financial sector invested more than $5 billion in political influence purchasing in Washington over the past decade, with as many as 3,000 lobbyists winning deregulation and other policy decisions that led directly to the current financial collapse, according to a 231-page report issued today by Essential (…)