Posts Tagged ‘Noam Chomsky’

The Onion: Goldman Sachs, Noam Chomsky and Google’s Smart Phone

The ONION reports on Goldman Sachs’s misadventures, Noam Chomsky’s decision to enjoy the day, and Google’s new "whisper in your ear" smart phone service. 

The Case Against Goldman Sachs

The Securities and Exchange Commission’s lawsuit against Goldman Sachs is revealing a cavalier culture in which the firm invested recklessly and bet against its own clients. Here are some of the company’s questionable practices:

Goldman Sachs Executives Testify At Senate Hearing On Financial Crisis

  • Created its own blood bank and sat on all deposits until the Haitian earthquake
  • Tried their hardest to dissuade risk-loving pensioners and teachers’ unions from buying into unsound derivatives, but in the end it wasn’t enough to stop them
  • Drove up commodity index while hedging against price increases by maintaining a 20-acre facility crammed with full barrels of crude oil, stockpiled bales of cotton, and tens of thousands of lean hogs….
  • [...] 

  • Invested in the highly lucrative underground organ trade through its Mexican subsidiary Goldmando Saques

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Exhausted Noam Chomsky Just Going To Try And Enjoy The Day For Once

Chomsky Criticizes U.S. Foreign Policy

LEXINGTON, MA—Describing himself as "terribly exhausted," famed linguist and political dissident Noam Chomsky said Monday that he was taking a break from combating the hegemony of the American imperialist machine to try and take it easy for once.

"I just want to lie in a hammock and have a nice relaxing morning," said the outspoken anarcho-syndicalist academic, who first came to public attention with his breakthrough 1957 book Syntactic Structures. "The systems of control designed to manufacture consent among a largely ignorant public will still be there for me to worry about tomorrow. Today, I’m just going to kick back and enjoy some much-needed Noam Time."

"No fighting against institutional racism, no exposing the legacies of colonialist ideologies still persistent today, no standing up to the widespread dissemination of misinformation and state-sanctioned propaganda," Chomsky added. "Just a nice, cool breeze through an open window on a warm spring day."

Sources reported that the 81-year-old Chomsky, a vociferous, longtime critic of U.S. foreign policy and the political economy of the mass media, was planning to use Monday to tidy up around the house a bit, take a leisurely walk in the park, and possibly attend an afternoon showing of Date Night at the local megaplex.

Sitting down to a nice oatmeal breakfast, Chomsky picked up a copy of Time, a deceitful, pro-corporate publication that he said would normally infuriate him.

"Yes,


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Insider Scoop

Earnings Scheduled For August 22, 2019

Courtesy of Benzinga

Companies Reporting Before The Bell
  • Hormel Foods Corporation (NYSE: HRL) is estimated to report quarterly earnings at $0.36 per share on revenue of $2.29 billion.
  • BJ's Wholesale Club Holdings, Inc. (NYSE: BJ) is projected to report quarterly earnings at $0.37 per share on revenue of $3.38 billion.
  • DICK'S Sporting Good...


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Phil's Favorites

Delivery Robots Set To Invade College Campuses This Fall

Courtesy of ZeroHedge

Starship Technologies, an autonomous delivery company, focused on last-mile delivery services, announced Tuesday via a company press release, that it will launch delivery robots on 100 university campuses across the US in the next 24 months.

The announcement said the delivery robots have already arrived at the University of Pittsburgh in Pennsylvania, in preparation for the fall semester. Purdue University in West Lafayette, Indiana, will receive robots on Sept. 9 and an additional 98 university campuses ...



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Zero Hedge

Delivery Robots Set To Invade College Campuses This Fall

Courtesy of ZeroHedge

Starship Technologies, an autonomous delivery company, focused on last-mile delivery services, announced Tuesday via a company press release, that it will launch delivery robots on 100 university campuses across the US in the next 24 months.

The announcement said the delivery robots have already arrived at the University of Pittsburgh in Pennsylvania, in preparation for the fall semester. Purdue University in West Lafayette, Indiana, will receive robots on Sept. 9 and an additional 98 university campuses ...



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Chart School

Gold Gann Angle Update

Courtesy of Read the Ticker

Everything awesome? Gold over $1500. Central banks are printing money to generate fake demand. Germany issues first ever 30 year bond with negative interest rate. Crazy times!

Even Australia and New Zealand and considering negative interest rates and printing money, you know a bunch of lowly populated islands in the South Pacific with no aircraft carriers or nuclear weapons. They will need to do this to suppress their currency as they are export nations, as they need foreign currency to pay for foreign loans. But what is next, maybe Fiji will start printing their dollar. 

Now for a laugh, this Jason Pollock sold for more than $32M in 2012. 





Ok, now call Dan...

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Kimble Charting Solutions

Gold Is Knocking On Key Breakout Level

Courtesy of Chris Kimble

In 2013, Gold broke below its 23 percent Fibonacci retracement level and a bearish trend change took place at (1).

This was the beginning of a bigger decline that saw gold fall another 450 dollars.

Nearly six years later, Gold returns to this “breakdown” level in hopes of making it a new “breakout” level at (2).

If Gold can breakout at (2) it will send a very bullish message to the market.

Stay tuned – gold bulls are knocking on heaven’s door!

If pattern opportunities in Gold, Silver, Copper and Miners is imp...



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The Technical Traders

This is a Key Week for US Markets, Gold and Oil

Courtesy of Technical Traders

Chris Vermeulen, Founder of The Technical Traders shares his thoughts on why this week is important for the US markets, gold, and oil. All of these are near strong support or resistance levels where if a break happens could result in an extended run. We breakdown the scenario for each market and level that are most important.

I can tell you that huge moves are starting to folding not only in real estate, but metals, stocks, and currencies. Some of these supercycles are going to last years. Brad Matheny goes into great detail with his simple to underst...



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Lee's Free Thinking

Watch Out Bears! Fed POMO Is Back!

Courtesy of Lee Adler

That’s right. The Fed is doing POMO again.  POMO means Permanent Open Market Operations. It’s a fancy way of saying that the Fed is buying Treasuries, pumping money into the financial markets.

Over the past 6 days, the Fed has bought $8.6 billion in T-bills and coupons. These are the first regular Fed POMO Treasury operations since the Fed ended outright QE in 2014.

Who is the Fed buying those Treasuries from?

The Primary Dealers. Who are the Primary Dealers?  I’ll let the New York Fed tell you:

Primary dealers are trading counterparties of the New York Fed in its implementation of monetary policy. They are also expected to make markets for the New York Fed on behalf of its official accountholders as needed, and to bid on a ...



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Digital Currencies

New Zealand Becomes 1st Country To Legalize Payment Of Salaries In Crypto

Courtesy of ZeroHedge View original post here.

Bitcoin and other cryptocurrencies have been on a persistent upswing this year, but they're still pretty volatile. But during a time when even some of the most developed economies in the word are watching their currencies bounce around like the Argentine peso (just take a look at a six-month chart for GBPUSD), New Zealand has decided to take the plunge and become the first country to legalize payment in bitcoin, the FT reports.

The ruling by New Zealand’s tax authority allows salaries and wages to b...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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Biotech

DNA testing companies offer telomere testing - but what does it tell you about aging and disease risk?

Reminder: We're is available to chat with Members, comments are found below each post.

 

DNA testing companies offer telomere testing – but what does it tell you about aging and disease risk?

A telomere age test kit from Telomere Diagnostics Inc. and saliva. collection kit from 23andMe. Anna Hoychuk/Shutterstock.com

Courtesy of Patricia Opresko, University of Pittsburgh and Elise Fouquerel, ...



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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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