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International Developments

? 42 Morsi supporters killed by “government security forces” while the Muslim Brotherhood “decries” the killings.  “Army says ‘terrorists’ tried to storm Republican Guard club where Mohamed Morsi is rumored to be in detention.”  Update:  51 Islamists killed by Egypt’s military.  Update: Egypt’s “Interim leader Adly Mansour calls for calm”, expresses “sorrow” over the 51 deaths.

? Federal Judge Gladys Kessler “denied a request from Guantanamo Bay detainees to stop force-feeding at the prison, but urged President Obama to do something about the issue.”

? “Survivors of Lac-Megantic explosion devastated, enraged.” Residents tell of the horrific fire which may have vaporized an unknown number of their neighbors, friends and relatives.   Update:  They’re now trying to search for the 40 missing.

? “US effort to recover remains of missing soldiers a ‘total failure’–report: Internal analysis suppressed by military shows mismanagement in pursuit of thousands still missing on former battlefields.”  Somehow the AP got this story under FOIA.

International Finance

? What does the US want from Latin America and Asia in the TransPacific Partnership?  According to this source, to: deregulate their financial markets; adopt pro-US intellectual property provisions; and allow US firms to sue their governments for violating any TPP provisions.  Interesting comparison made to what China has reportedly offered.

? Greece did get those bailout funds ($8.7bn), with the warning that they are behind in fulfilling their “reform programme”, a cruel regimen which includes reducing salaries of 25,000 civil servants “before either being dismissed or redeployed”.  Unemployment currently at 27%.  Austerity is not the road to prosperity.

Money Matters USA

? “The 147 Companies That Control Everything.”  The top 20 begin with Barclays, and also include JP Morgan Chase, Walton Enterprises, Goldman Sachs.

? “Temporary jobs becoming a permanent fixture in US“.  Temp agencies, “freelancers, contract workers and consultants” encompass almost 17 million workers, or “about 12 percent” of the employed.  Temps alone have increased 50% in the past 4 years.  “[L]ow pay, few benefits and scant job security.”

? “Consumer Borrowing in U.S. Rises $19.6 Billion, Most in Year.”

? As part of his investigation into “the $25bn market data industry” where milliseconds are money, NY Attorney General Eric Schneiderman is scrutinizing Thomson Reuters for “releasing closely watched consumer sentiment data two seconds early to clients who pay extra.” [cont’d.]

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Dan Wright

Dan Wright

Daniel Wright is a longtime blogger and currently writes for Shadowproof. He lives in New Jersey, by choice.