2005

Why am I not in the least surprised by this? Titan, Inc., one of the companies involved in supplying privately-employed interrogators at Abu Ghraibh, has been caught paying out huge bribes to the president of Benin in order to get contracts. They shelled out two wedges of a million bucks each for him, and tossed…

Read More Privatised Interrogators in Corruption Scandal

Over on the BNN, our dear colleague Richard North runs with a scare story regarding the European directive on compensation to air passengers in the event of delays. Apparently “On the basis of what we know, however, the commission, despite its obsession for “consumer protection” should perhaps have named its new directive: “denied safety”.” Terror!…

Read More Eurosceptics: Is There Nothing That Doesn’t Look Like a Straight Banana?

Via Nadhezhda’s, news arrives that the US Department of Homeland Security have picked a chappy called D. Reed Freedman to sit on their “Data Privacy and Integrity Advisory Committee”. Freedman’s other job is as Chief Privacy Officer of Claria Inc, the company that gave the world Gator, one of the net’s worst spyware infections. As…

Read More What Is Wrong With These People?

Some time ago, I described the situation with regard to the dollar and central bank reserves in terms of metastability, the idea of a position that is both very stable in the short term and also subject to a radical flip triggered by comparatively small events. I think I also linked this up in another…

Read More That Metastability Thing: A Balance of Financial Terror

Broom of Anger suggests an interesting interpretation of the political crisis in Northern Ireland: is the mammoth follow-the-money investigation part of a tactic by the Sinn Fein leadership to finally end the IRA? Specifically, it’s suggested that the Irish government’s Criminal Assets Bureau, established after the great corruption scandals of the 80s, has been passed…

Read More The Finance Investigation as Endgame?