Monday, April 11, 2011

Breaking News Mon. April 11, 2011

Sorry this post is going to be a bit short. We had some really bad storms over the weekend and it knocked out the internet and service has been sketchy since it came back on. Thankfully, here we didn't have too much in the way of damage, other than the internet and part of the neighbor's driveway got washed away. LOL
Extra thanks to rj for links today, without which the post would be even shorter!
Be sure to pay him a visit at Global Glass Onion!

Japan
BBC: Japan: Powerful earthquake hits north-east
A powerful earthquake has hit north-east Japan, exactly one month after the devastating earthquake and tsunami. 

BlackListedNews: No end in sight for Fukushima disaster as bureaucrats battle the laws of physics As the famous physicist Dr. Michio Kaku said on April 4th, “The situation at Fukushima is relatively stable now… in the same way that you are stable if you hang by your fingernails off a cliff, and your fingernails begin to break one by one.”

Global Conflict
WashingtonPost: Gaddafi accepts African Union’s road map for peace
But rebels, before seeing details of the plan, said they would be satisfied only with the ouster of Gaddafi and his family.
They are deeply skeptical about the neutrality of the African Union, which they see as packed with Gaddafi’s allies. They are also likely to be disappointed by a peace plan that fails to wring any concessions from Libya’s leader at the outset, despite the brutal suppression of protests in February in which hundreds of people were shot and thousands were arrested.
NPR: Criminal Investigation Of Mubarak And His Family? 'Definitely'The news from Egypt of an "unprecedented legal summons" that calls on former President Hosni Mubarak and his family to face an anti-corruption probe is "definitely" the start of a criminal investigation into the former regime, those who opposed the Mubarak government tell NPR's Deborah Amos.

Financial News
BlackListedNews: Money Problems That Never Seem To End: 25 Reasons To Be Absolutely Disgusted With The U.S. Economy

CNNMoney: Now for the real budget warHalfway through the fiscal year, and countless partisan power plays later, Congress finally managed to reach a deal on the 2011 budget. Its signature feature: $38.5 billion in spending cuts or, as it's referred to by the key players, "the largest spending cut in American history."
WashingtonPost: In Okla., a beneficiary sours on federal spending
That jaundiced view of the federal government is common here, local leaders say, even though the region’s surging economy is built to a large degree on a foundation of federal spending.

About 7 percent of the area’s workers are federal employees, more than double the U.S. average, according to a Washington Post analysis. Meanwhile, federal spending on roads, a huge Federal Aviation Administration center and a sprawling Air Force base not only keeps more than 20,000 civilians employed but also is helping to nurture entire sectors of the area’s increasingly prosperous and diverse economy.
 MPR: Why college costs so much
The rising cost of college is often blamed on dysfunction in higher education. But two economics professors say the factors behind college tuition increases are economy-wide, and that for many families, college may be more affordable than ever.
TruthOut: The Link Between War and Big Finance
Americans are recognizing the link between the military-industrial complex and the Wall Street oligarchs—a connection that goes back to the beginning of the modern U.S. empire. Banks have always profited from war because the debt created by banks results in ongoing war profit for big finance; and because wars have been used to open countries to U.S. corporate and banking interests. Secretary of State, William Jennings Bryan wrote: “the large banking interests were deeply interested in the world war because of the wide opportunities for large profits.”
ibtimes: Russian rouble reaches its highest since Dec. 2008 against the US dollar
WSJ: Obama Puts Taxes on Table
Cryptogon: The Hidden Job Crisis for American Men
Bloomberg: Obama Girds for Struggle With Republicans Over Debt Limit (1)
Cryptogon: Iceland: Voters Reject Icesave Payback Referendum
WashingtonPost: Obama’s new approach to deficit reduction to include spending on entitlements
NYT: Taxing the Rich
inetereconomics: Can Sovereignty and Effective International Supervision be Reconciled? The Challenge of Large Complex Financial Institutions
KeithHennessey: Why the debt limit fight will be different

Peak oil and Energy News
TheOilDrum: What is “our” oil doing in their economy? — Saudi oil consumption trends

MSNBC: Drivers start to cut back on gas as prices rise
A puzzling decline because Americans usually curb driving only as last resort 

NEW YORK — With the price of gas above $3.50 a gallon in all but one state, there are signs that Americans are cutting back on driving, reversing a steady increase in demand for fuel as the economy improves.
Gas sales have fallen for five straight weeks, the first time that has happened since November, according to MasterCard SpendingPulse, which tracks spending at 140,000 service stations nationwide. 
CapitalSpectator: What's Up With Oil Prices?
Economist: Oil and trouble
smh.com.au: Oil prices new worry for outlook: IMF
The International Monetary Fund (IMF) has warned that rising commodity prices, particularly oil, pose a threat to the strengthening global economic recovery.
Bloomberg: Crude Oil Drops From 30-Month High as IMF Cuts Growth Forecasts
TheOilDrum: Crude Oil and Liquids Capacity Additions: 2011-2015

Environmental News 

FarmPress: Legacy of invasive plant species can inhibit growth of native plants
NewScientist: Say no to uranium mining in the Grand Canyon
The mining industry has been eyeing this uranium for decades. Contained in rock columns called breccia pipes, the ore deposits are compact and high-quality. Since uranium prices began to rise in 2005, driven by expected future demand for nuclear power, the number of mining claims staked on public lands adjacent to the park has mushroomed. They now cover about half the public land that makes up Grand Canyon's northern watershed. Dozens of exploration projects have been proposed and plans are afoot to reopen old mines. 
nsidc: Ice extent low at start of melt season; ice age increases over last year
Arctic sea ice extent for the month of March 2011 was the second lowest in the satellite record. Sea ice reached its maximum extent on March 7; extent on this date tied for the lowest winter maximum extent in the satellite record. Air temperatures over most of the Arctic Ocean were above normal. New data on ice age shows that the amount of older, thicker ice has increased slightly over last year.
TreeHugger: Penguins Mysteriously Losing Their Feathers (Photos)

The recent discovery of an all-black emperor penguin was called a "one in a zillion kind of mutation," by biologists, but a more alarming trend makes this unique "under dressed" penguin look fortunate indeed.
ClimateProgress: April 9 Science News: Key ‘geoengineering’ strategy may yield warming, not cooling
NatGeo: Overfishing 101: How Ocean Fish Populations are Managed in the U.S.
NewScientist: Shipping noise pulps 'ears' of squid and octopuses

America in Decline
AlterNet: The American Dream As We Know It Is Obsolete

ZeroHedge: China Lashes Out At US "Hypocrisy", Blasts US Human Rights "Double Standard" In Pursuing "World Hegemony"
In what can only be described as a stunning deterioration in foreign relations between the world's two superpowers, following Friday's release by the US State Department of the annual report on human rights, which expressed sharp criticism of the human rights records of China, North Korea, Cuba and Belarus, among others, China decided it has had enough. Less than 48 hours later, it has lashed back at the US with a report that is making headlines at every government controlled, and otherwise, media in mainland China, which makes a mockery of the US double standard when it comes to human rights, and exposes US "hypocrisy" which China (rightly many would claim) asserts is merely a pretext for continued US attempts at world "hegemony".
 
Police State, Big Brother, Surveillance

AlterNet: Man Could Face Life in Prison for 3 Grams of Marijuana, While Sex Offenders May Get 5 Years Tops
In Montana, passing someone a bowl of your medical marijuana could put you in prison for life.

Other News
Hosted: France bans face-covering Islamic veil
French President Nicolas Sarkozy set the wheels in motion for the ban nearly two years ago, saying the veils imprison women and contradict this secular nation's values of dignity and equality. The ban enjoyed wide public support when it was approved by parliament last year.
BusinessInsider: Applebee's Served This Baby A Margarita In A Sippy Cup

The Forums

TinfoilPalace: Straight Up: "Do you People Truly Believe There will be a Pole Shift?"
TinfoilPalace: The Genetics Of Tyranny: Psychopathology, Parasitism, and Totalitarianism
TheOilDrum: Blood Sacrifice 4/19-5/1 - Mark your calendars...
TheOilDrum: Civilians massacred by pro-West forces in Ivory Coast
Hubberts-Arms: The Fed's Most Dangerous Game: Checkmate
Hubberts-Arms: Dolphin Deaths Designated An 'Unusual Mortality Event' (GoM)
SilentCountry: Counterpunch: Agaisnt Prometheus. Interview with Derek Jensen.
SilentCountry: Bolivia Set to Pass ‘Law of Mother Earth’

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