Thursday, April 28, 2011

Breaking News Thurs. April 28, 2011

What a night!  It got pretty wild here for a bit but not as bad as up the road from us in Greene county. Two tornadoes touched down and so far 5 people dead. Hope everyone made it through ok. Here's some of the latest I could find on the storms.
Reuters: Tornadoes and storms rip through South, more than 220 dead
(Reuters) - Tornadoes and violent storms ripped through seven southern states, killing more than 220 people as they flattened neighborhoods, flipped cars and toppled trees and power lines, officials said on Thursday.
MSNBC: Storms, tonadoes ravage South; at least 213 Dead
Ala. governor says state has 'massive destruction of property,' up to 1 million without power.

and this from my neck of the woods.
WBIR: East Tennessee wakes up to massive storm damage 
Oh, and thanks to ConcernedMomma at Tinfoil Palace for posting this video. It's possibly some of the most intense and nerve wracking tornado footage I've seen.

Bloomberg: Radiation Readings in Fukushima Reactor Rise to Highest Since Crisis Began
TheBarrel: Us-versus-them mentality in tanker market on voyages to JapanIn the aftermath of the earthquake in Japan, there's been a sort of polarization in the tanker market that has pitted some charterers against certain owners.
Bloomberg: Japan Quake Takes Bigger-Than-Estimated Economic Toll; BOJ Lowers Forecast
Factory output fell 15.3 percent from February, the biggest drop since data began in 1953, and household spending slid 8.5 percent from a year earlier, the government said today. The Bank of Japan cut its growth estimate for the year ending March 2012 to 0.6 percent from a January prediction of 1.6 percent.
UPI: Asbestos a danger to workers in Japan

Global Conflict
BlackListedNews: Libya: It’s Not About Oil, It’s About Currency and Loans
World Bank President Robert Zoellick Thursday said he hopes the institution will have a role rebuilding Libya as it emerges from current unrest.
Zoellick at a panel discussion noted the bank’s early role in the reconstruction of France, Japan and other nations after World War II.
“Reconstruction now means (Ivory Coast), it means southern Sudan, it means Liberia, it means Sri Lanka, I hope it will mean Libya,” Zoellick said.
UPI: Kim Jong Il offers to meet with South Korean president, according to Jimmy Carter
SEOUL, April 28 (UPI) -- North Korean leader Kim Jong Il proposed a summit with South Korean President Lee Myung-bak, former U.S. President Carter said Thursday in Seoul.

Financial News
Roubini Tweeted: Consensus chorus is already moaning: "it was only a Q1 soft patch". But this time is not different: anemic, sub-par growth is here to stay
ZeroHedge: Senators Franken and Blumenthal and Representative Johnson Announce Legislation Giving Consumers More Power In Courts vs. Corporations
BlackListedNews: How The Comex Lost 20% Of Its “Registered” Silver In One Week, Or Where There’s Smoke Of A Run, There’s Probably A Run
Reuters: Jobless claims jump in latest week(Reuters) - New U.S. claims for unemployment benefits surprisingly rose last week to their highest level since January in a sign an anticipated recovery in labor markets may take time, a government report showed on Thursday. 
CNNMoney: GDP: Economic recovery stumblesEconomic growth slowed to a crawl in the first three months of the year as a spike in gasoline, higher overall inflation and continued weakness in the housing market all took a toll on the recovery.
WSJ: IMF: Capital Flows to Asia Still Below Peaks
BusinessInsider: Government Spending Plunges, And We Haven't Even Gotten To The Austerity Yet 
GlobeandMail: High gas prices slow U.S. growthThe U.S. economy slowed sharply in the first three months of the year as high gas prices cut into consumer spending, bad weather delayed construction projects and the federal government slashed defence spending by the most in six years.
WSJ: Gold Sets Another Record 
Bloomberg: Nigerian Banks Winning Mobius With Asia-Like Growth in Africa6 of the 20 fastest growing country economies this year are in Africa -- what's behind the boom? 
BusinessInsider: CHART OF THE DAY: The Real Trend That Should Have Investors Worried
CNNMoney: Wal-Mart: Our shoppers are 'running out of money' 
ZeroHedge: Jim Rogers Comments On Triple Digit Silver And Issues Warning: "Parabolic Moves Always Collapse"

Peak oil and Energy News
EnergyBulletin: It isn't gridcrash that makes the lights go out
Reuters: Exxon's quarterly profit rises 69 percent
UPI: Russia to halt gasoline exports in MayMOSCOW, April 28 (UPI) -- Exports of gasoline from Russia will stop in May to address rampant shortages in parts of the country, a deputy energy official said.

Environmental News
Raw Video: Tornado Blows Through Miss. Town

SFGate: BP gets billion-dollar tax credit for Gulf Spill
SFGate: Deepwater Horizon one of 6,500 fossil fuel spills and explosions last year 
Reuters: Storms knock out TVA nuclear units, power lines(Reuters) - Severe storms and tornadoes moving through the Southeast dealt a severe blow to the Tennessee Valley Authority on Wednesday, causing three nuclear reactors in Alabama to shut and knocking out 11 high-voltage power lines, the utility and regulators said.
WSJ: Deadly Storms Hit South
Scores Killed Across Five States; in Flooded Midwest, a Battle Over Levee Plan

RawStory: Footage shows massive tornado touching down in Tuscaloosa, Ala.
In what may be one of the most damaging outbreaks of tornado in U.S. history, nearly 180 people are said to have died in the devastating storms that have ripped across the south and mid-west this month.
ExtinctionProtocol: Omen? Scientists dismayed as millions of aquatic animals swarm Antarctica
WalesOnline: Exotic birds fly into WalesThey’re normally spotted in the more exotic climes of Africa, South America and the Mediterranean. But changing global climates are bringing some unusual avian visitors to Wales, as Sion Morgan reports
GMO: Time to Wake Up: Days of Abundant Resources and Falling Prices Are Over Forever (19pp pdf) The world is using up its natural resources at an alarming rate, and this has caused a permanent shift in their value. We all need to adjust our behavior to this new environment. It would help if we did it quickly.

America in Decline
TheAtlantic: U.S. Shakeup and the Blurring Line Between Military and Intelligence

MotherJones: The GOP's Favorite Fringe Historian
Jesus opposed the minimum wage, God hates socialism, and other teachings of the controversial evangelical leader Republican presidential contenders can't stop praising.
Newt Gingrich is a fan. So's Michele Bachmann. Mike Huckabee's such a booster that he recently said that all Americans should be "forced at gunpoint" to listen to this guy.
CreditWriteDowns: Do the Facts Really Matter?
And yet, it’s not entirely fair to blame Trump, Drudge or the information age for our persistent idiocy. Rather, the fault is really our own: The human mind is simply terrible at politics. Although we think we make political decisions based upon the facts, the reality is much more sordid. We are affiliation machines, editing the world to confirm our partisan ideologies.
WashingtonPost: Shiloh Baptist Church receives threats after comments from Sean Hannity
“We received a fax that had the image of a monkey with a target across is face,” Smith said. “My secretary has received telephone calls that have been so vulgar until she has had to hang up.”
 Science and Technology
BlackListedNews: Facebook Facial Recognition Could Get CreepyIn early April, Engadget posted a short article confirming a rumor that Facebook would be using facial recognition to suggest the names of friends who appeared in newly uploaded photos. You’d be allowed to opt out of tagging, and only friends would be able to tag each other in albums. Nevertheless, a commenter beneath the story quipped, “Awesome! Now I can take pictures of cute girls at the grocery store or at the park, upload them and Facebook will tell me who they are! (I’m pretty sure that’s not [how] it works but I’m sure it will get there.)”

Other News
TPM: After-Birthers: How Conspiracy Theorists Reacted To Obama's Long-Form Birth Certificate
Now that President Barack Obama's legal team went out of its way to get a copy of Obama's so-called long-form birth certificate, it's time for the birthers to eat crow, right? Not so much. It hasn't taken long for members of the "birther" movement to grab their backup plans.
Good: The Movie That Predicted Birtherism 11 Years AgoA Democratic minority politician gunning for higher office who is beset upon by right-wing conservatives, all of whom caterwaul about a secret past. Is it today's biggest headline? Nope, it's The Contender, an underappreciated Rod Lurie film from 2000 that should be on the Netflix queue of anyone interested in birtherism.
MotherJones: Should the FBI Redefine Rape?
House Republicans attracted a lot of outrage earlier this year when they attempted to redefine rape in a way that would limit exceptions to the ban on federal funding for abortions. The GOP originally proposed limiting the situations in which the government could help pay for abortions to those in which the pregnancy was the result of "forcible rape" or incest "if [the victim is] a minor."

Eventually, the party dropped that effort: its amended legislation returns to straightforward exceptions that allow the government to pay for abortions "if the pregnancy is the result of an act of rape or incest." But it's worth noting, as Ms. reminds us, that the Federal Bureau of Investigation is still operating under a "forcible rape" framework.
BusinessInsider: WATCH: After A Big Shouting Fest Lawrence O'Donnell Kicks Crazy Birther Orly Taitz Off His Show
SOTT: Why We Are Not Surprised? Air France Recorder Found, but Missing Its MemoryThe investigation into what caused the crash of an Air France jet two years ago suffered a major setback, officials said Wednesday, when search crews in the middle of the Atlantic Ocean located one of the plane's black boxes - only to discover that its memory unit was missing.

MSMagazine: Rep. Allen West’s Phallocentric Theory of Deficit Reduction
We need you to come in and lock shields, and strengthen up the men who are going to fight for you. To let these other women know on the other side—these Planned Parenthood women, the Code Pink women, and all of these women that have been neutering American men and bringing us to the point of this incredible weakness—to let them know what we are not going to have our men become subservient. That’s what we need you to do. Because if you don’t, then the debt will continue to grow.

The Forums
TinfoilPalace: Top Illuminati Celebrities Exposed
TinfoilPalace: Possible Friday "Event"
TheOilAge: For we shall reap the whirlwind. Hundreds dead..
TheOilAge: Worthy Investments For The Poor Man
Hubberts-Arms: The story of a recent suicide.
Hubberts-Arms: Massive Tornado Outbreak
SilentCountry: Atlas Whined
SilentCountry: N.Korean food situation

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