Federal Reserve Hires Failed Bank Executive from Bear Sterns

Excuse me? Did I miss a memo or something?

Source: ABC News

The Federal Reserve Bank is drawing jeers for hiring a former top executive from the now-defunct investment bank Bear Stearns to help it gauge the health of other banks.

“How’s this for sweet irony?” business publication Portfolio.com needled the pick.

Michael Alix was head of risk management for Bear Stearns for two years until the institution imploded this spring, a victim of its (risky) subprime-mortgage related investments.

Last Friday, the Federal Reserve Bank of New York quietly announced it had hired Alix to advise it on bank supervision.

“You’re kidding me,” said economic policy expert Dean Baker, of the Washington, D.C.-based Center for Economic Policy and Research. While he didn’t know Alix personally, he said, “You would think [his record] would be a big strike against him.”

Not if they’re all in the boys’ club it isn’t. Oh yes, corporate fascism at its finest, and people have the nerve to talk of the ‘failure of capitalism‘.

Sometimes I think there really is no hope.

Or maybe there is.

UK Company Offers “Carbon Credit” Gift Packs

Source: Infowars

It’s the perfect green gift – and even the packaging is offset! Offset your carbon emissions, support CO2 reduction schemes and learn about how to do more!

You can reduce the amount of CO2 emitted into the atmosphere in two very important ways – by learning about your personal impact on greenhouse gases and ways that you can make a real difference, and by supporting a range of CO2 reduction schemes!

Everyday activities that we take for granted contribute to global pollution. This includes basically everything we do, but some of the major ones are driving, flying, heating our homes, food travel miles etc.

For every pack purchased 250kg of CO2 will be offset or prevented from entering the atmosphere by direct investment in Worldwide schemes such as Biopower from sugar in India, wind power projects in China and Turkey, and a methane recovery project in Germany.

Information about the projects can be found inside the pack and all are officially recognised ‘VERs’ (Verified Emission Reductions).

Go fuck yourself, global banking scum. This is one of the biggest scams ever. Subscribing to it means the entire human species being bound to the group of individuals who run the international banking cartel. ‘Carbon credits’ is a bullshit scam based on a bullshit scam perpetuated by a bunch of fat, psychopathic bankers who make a living bullshitting the planet. And with Obama, prepare to become a slave of Gaia Ltd, subsidiary of the Rothschilds.