Wednesday, April 6, 2011

Breaking News Wed. April 6, 2011

Wonderful Wednesday! Hope the week is going well for everyone.
thanks go out to Global Glass Onion for the links this morning.
ibtimes: Japan stops nuclear plant leak; crisis far from overJapan stopped highly radioactive water leaking into the sea on Wednesday from a crippled nuclear plant and acknowledged it could have given more information to neighboring countries about contamination in the ocean.
Cryptogon: ‘U.S. Sees Array of New Threats at Japan’s Nuclear Plant’; But It Might Be Worse Than That 
ABCNews: Fukushima: A Nuclear Threat to Japan, the U.S. and the World
Japan Disaster Could Have Far-Reaching Consequences

Global Conflict
BusinessInsider: Check Out Where Hosni Mubarak is Spending His "House Arrest"

Former Egyptian President Hosni Mubarak is currently under house arrest in the Egyptian resort city of Sharm Al-Sheikh.
He's probaby terrified at the prospect of being put on trial for his crimes, but in the meantime he's living it pretty nice in this house, according to Al Masry Alyoum (via SultanAlQassemi), which writes of his place
CNN: Amnesty report: World needs to intervene in YemenThe international community needs to step up and "play a more active role" in investigating the deaths of protesters in Yemen, Amnesty International said Tuesday.
BusinessInsider: Ivory Coast: Rebels Are In The Presidential Palace Right Now, And Expect To Capture President GbagboHigh drama in the Ivory Coast right now.
Yesterday there were reports that President Laurent Gbagbo was giving up power in hopes of getting safety from the UN. Heavy arms fire rang out Wednesday near Ivory Coast's presidential residence as the country's strongman leader remained holed up in a bunker there despite mediation efforts to force his surrender .
NPR: Troops Storm Presidential Palace In Ivory Coast

Guardian: Gaddafi supporters demolish Zawiya rebel mosqueJournalists are shown cleared site, emptied rebel graves and hospital on tour orchestrated by Libyan government minders
LegitGov: Gunmen torch 2 NATO oil tankers in SW Pakistan
WashingtonPost: India’s corruption scandals spawn citizen protest 
PBS: 'Huge Step up for Democracy' in Arab World Revolts: Who's Next? 
UPI: Afghans report peace talks with Taliban 
Spiegel: A Clash of the Extremes
Pastor Terry Jones and the Claim to Absolute Truth
Twenty people have died in the protests triggered by Pastor Terry Jones' burning of the Koran in March and more violence is likely. But both his action, and the reaction in the Muslim world share the same problematic roots: Claims to absolute truth have little place in the modern world.
NYT: Photos Found in Libya Show Abuses Under QaddafiSome depicted corpses bearing the marks of torture. One showed scars down the back of a man dressed only in his underwear, another a naked man face down under a sheet with his hands bound. The faces of the dead bore expressions of horror. Other pictures showed puddles of blood, a table of jars, bottles and powders and, in one, a long saw.

Financial News 

ibitimes: China to ban foreign investment in villasChina is to ban foreign investment in the construction of villas, apparently part of government efforts to cool the real estate market.
Bloomberg: Bernanke May Have to Overcome Fed Split on Maintaining Stimulus
EPI: EPI statement on proposed House Republican 2012 budget
PBS: Rep. Ryan on Proposed Cuts: 'Our Budget Literally Pays Off the Debt'
Forbes: 37,000 in NC face sudden loss of jobless benefits
WSJ: Forget Unemployment Extensions, Cutbacks More Likely 
EPI: Magical thinking won’t create jobs: Heritage forecasts for Ryan plan are fantasy
Rep. Paul Ryan (R-Wisc.) has produced a magical budget that “strengthens the safety net” by slashing trillions of dollars from Medicaid and Medicare. He also proposes to “strengthen” Social Security by dismissing the $2.4 trillion Social Security trust fund as valueless, based on “dubious accounting.”
AngryBear: The Return of the Myth that Competition will Fix Medicare
Well, it seems as if Congressional Republicans are going to propose a complete refashioning of the Medicare program. Specifically, they are going to recommend scrapping Medicare as a provider of health insurance to seniors, and instead replace it with a system that will provide subsidies to individuals who will then buy health insurance from private insurance companies. In other words, they want to get the federal government completely out of the health insurance business for senior citizens.
EconomistMom: Ryan’s “Path to Prosperity” 
KansasCityStar: Toyota: N. American plant closures likely in April
Toyota Motor Corp. said Monday that it's inevitable that the company will be forced to temporarily shut down all of its North American factories because of parts shortages due to the earthquake that hit Japan.
ChrisMartenson: A Global Tsunami, Courtesy of the Fed
The Fed is in a bind. No matter which way it turns, utter failure is a risk. Putting more money into the system risks no less than the dollar itself. Stopping quantitative easing (QE) risks plunging the economy and financial system into another period of turbulent decline. It looks like the Fed is going to choose the latter.
WSJ: Wages Fared Better in Recession Than Recovery
U.S. wages as measured in the Labor Department’s employment report have been largely stagnant over the past few months, despite improvements in the job market. In fact, many industries saw more wage growth during the recession than during the recovery.
BusinessInsider: Someone Just Got A BRUTAL Lesson On Negotiating Contracts In China
CBSMoneyWatch: Paul Ryan’s 2012 GOP Budget Proposal: What It Means for You
CNNMoney: Prices are low! Mortgages cheap! But you can't get one
VIVANews: UK's Prince Andrew Offers Sharia Partnership
The UK plans to turn London into the hub of global sharia transactions.
TheTelegraph: Gold reaches all-time high of $1,457 per ounce
The gold price has reached a new high of $1,457, an increase of more $16.

Peak oil and Energy News
BusinessInsider: Gasoline Prices And Sales: What They Tell Us About The Economy
What is the relationship between retail gasoline prices and the volume of gasoline sales?
M.Ammoth: a short aerial tour of the arrival of canadian oil in the united states
MyBudget360: No quantitative easing for oil 
The Federal Reserve can digitally print money into existence but this does not create more oil. Federal Reserve has a comic book section?
Forbes: Saudis Switch To Solar, Nuclear At Home, Saving Oil For ExportSunny Saudi Arabia plans to shift most of its domestic energy use to solar and nuclear power, diverting more oil to exports, a Saudi official said yesterday at the Third Saudi Solar Energy Forum in Riyadh.
ZeroHedge: WTI Passes $109

Environmental News

NYT: Sewage Holding Tank Bursts, and Two Men Are KilledTwo workers died on Tuesday and millions of gallons of largely untreated sewage spewed into a river when a holding tank wall collapsed at a treatment plant in Gatlinburg, Tenn.
FarmPress: It will take more than a wet year to end California drought
ExtinctionProtocol: Hundreds of dead fish float to surface of Minnesota lake
FarmPress: Representatives ask EPA to stop dust standardU.S. Reps. Stephen Fincher, R-Tenn., Kristi Noem, R-S.D., and 99 other House lawmakers last week sent a letter to Environmental Protection Agency (EPA) Administrator Lisa Jackson, asking that EPA refrain from adopting a revised and more stringent dust standard.  Fincher and Noem argue that implementing this harsh dust standard could "decrease the ability of the agriculture community in the United States to meet the world's food needs as well as decrease productivity, increase food prices, and incur job losses in rural America." 
FarmWars: Truth Squad Radio: Toxic chemical dumps and health  (blogtalk radio)
NatGeo: Ocean Ecosystem Services Can Increase — But Only if We Take Less
ExtinctionProtocol: Satellite takes snapshot of depleted ozone layer over northern poleESA’s Envisat satellite has measured record low levels of ozone over the Euro-Atlantic sector of the northern hemisphere during March. This record low was caused by unusually strong winds, known as the polar vortex, which isolated the atmospheric mass over the North Pole and prevented it from mixing with air in the mid-latitudes. This led to very low temperatures and created conditions similar to those that occur every southern hemisphere winter over the Antarctic. 
NZTravelNews: Aviation alert issued at Mt Ruapehu as first dump of season falls

Aviation authorities have issued alerts to planes flying over Mt Ruapehu due to the volcano's crater lake sustaining a prolonged hot phase.
TruthOut: More Handouts for Smokestacks and Clearcuts?
AHNNews: Nepal begins count of globally threatened rhinoThis Beautiful Beast has Perilous Life During the Decade Long Civil War In Nepal
After three years of hiatus, Nepal on Tuesday officially began counting the globally endangered one-horned rhinoceros.

America in Decline 

AlterNet: Church-State Battles Are Erupting in Legislatures Around the CountryThere has been a huge surge of proposed laws in states on issues such as teaching creationism in public schools to government aid for religion.
AlterNet: You Thought the Koch Brothers Were Bad? 
Turns Out They're Even Worse Than You Thought

Charles and David Koch's reach into virtually every aspect of political, economic and physical life on the planet is probably greater than you thought possible.
DeclineoftheEmpire: Is American Society Worth Preserving?
MotherJones: CEO Pay Shoots Up At Expense of WorkersHere's the latest on how much richer the rich have gotten: Last year, according to a USA Today analysis of corporate filings, median CEO pay jumped 27 percent. Compare this to the paltry 2.1 percent pay raise earned by the typical American worker.
TruthOut: Militarized Conservatism and End(s) of Higher Education
UPI: States consider abortion restrictionsMeasures to restrict abortions are being considered by legislatures in more than 30 states, a U.S. abortion rights group said.

Food and Water 

Forbes: Feeding Frenzy For Ag Stocks As Food Shortages Begin To Bite How are we going to feed two more Chinas by 2050? According to the United Nations Department of Economic and Social Affairs Population Division, the “world population is projected to grow from 6.1 billion in 2000 to 8.9 billion in 2050” – an increase of about 50% . This means that on average, every year for the next 50 years, the world population will grow by about the number of people that live now in Italy, and total population growth over the next 50 years will be more than twice the size of the current population in China.
AmericanFarmBureau: Retail Staple Food Prices Rise in First Quarter
WSJ: UPDATE: US Corn Futures Match All-Time High On Supply Concerns CHICAGO (Dow Jones)--U.S. corn futures matched their all-time high Monday as growing concerns federal forecasters will slash the outlook for supplies provided fresh fuel to a 10-month rally in prices.

Police State, Big Brother, Surveillance
ABCNews: Second Grade Boy Pepper Sprayed by Colorado Police in Class
Boy, 8, Cursed at Teachers and Threatened to Kill Them

Other News
BlackListedNews: George W Bush 'invited son of Osama bin Laden to White House'

Omar bin Laden, the fourth son of the al-Qaeda leader, claims he received a visit from White House staff in January 2009 at his home in Doha, the capital of Qatar.
"They invited me to accompany them to the White House, offered to defend, help and protect me, on the condition that I helped them find my father," he told Spanish daily newspaper La Vanguardia, in an interview published on Monday.
ashingtonPost: Man stuck to toilet seat in Md. Wal-Mart
Elkton police say a man became stuck to a department store toilet seat after someone spread glue on it.
USAToday: Maine ranked 'most peaceful state' while Louisiana comes in last
Guardian: Going home: the Polish migrants who lost jobs and hope in UK
For some Poles, the British adventure has ended in poverty, crime – or just disillusionment
wfaa: FAA probes shattered windshields on American Airlines jets
USAToday: Transocean execs donating safety bonuses to fund for oil spill victims
cbsNews: Long Island serial killer? Police expand search for bodies near beach

The Forums

TinfoilPalace: We are seeing Black Magic of the darkest sort at work, and I mean that very seriously.....  
TinfoilPalace: So where did the Reptilian thing start, and what's behind it?  
TheOilAge: Dollar Strengthens Versus Euro on Bernanke Inflation Prepare  
TheOilAge: Gold, silver off and running again
Hubberts-Arms: Virgin deep-diving
Hubberts-Arms: The unthinkable solution for Fukushima
SilentCountry: Is there really something to the Illuminati conspiracy?
SilentCountry: African migrants abandon the American dream 

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