Thursday, May 5, 2011

Breaking News Thurs. May 5, 2011

Good Thursday to you! Hope all are well and surviving the variety of weather anomalies and disasters around the country today!  We had to cover about 100 tomato plants last night due to a really late frost but this morning the work had paid off and we escaped damage. Yeah!
I wanted to post this article up here for you guys to see. It's about who is profiting from the 2012 forecasts.
BusinessInsider: 11 Companies That Are Cashing In On The Mayan Apocalypse
Nuclear blasts, asteroid collisions, electromagnetic pulses, and the Mayan calendar -- all have people concerned that the end could be near.
If you're a survivalist, you get ready. If you're a businessman, you sell supplies to the survivalist.

(Just wanted to post it as a heads up for us. Beware of opportunists)

Thanks to rj I have quite a few neat stories for us today. I especially like the one about the man high on bath salts killing a neighbor's goat! Also that Glencore story really got me thinking Illuminati thoughts this morning! LOL What a way to start the day huh?
Be sure and pay him a visit at Global Glass Onion when you can. He does a huge financial weekly wrap up on Fridays that just full of goodies!
I'm going to finish this blog post and go sit outside and stare at the sky. I suggest you do the same unless it's raining.

Bin Laden
Reuters: Bin Laden's House
NakedCapitalism: Did the Fed do in Bin Laden? 
WSJ: Signs Point to Pakistan Link
U.S. Probe of Aid to bin Laden Likely to Focus on Islamabad's Military and Spy Services
Guardian: Torture did not lead us to Osama bin Laden
Torturing thousands of innocents is morally repugnant and claiming it led to Osama Bin Laden's discovery is fanciful at best
BusinessInsider: JON STEWART Offers Brilliant, Heartfelt Reason For Releasing Osama Bin Laden Death Photos
LegitGov: 25-Minute blackout during raid on bin Laden compound
The head of the CIA admitted yesterday that there was no live video footage of the raid on Osama bin Laden's compound as further doubts emerged about the US version of events. 04 May 2011 Leon Panetta, director of the CIA, revealed there was a 25 minute blackout during which the live feed from cameras mounted on the helmets of the US special forces was cut off. A photograph released by the White House appeared to show the President and his aides in the situation room watching the action as it unfolded. In fact they had little knowledge of what was happening in the compound.
Reuters: No resistance in "cold-blooded" U.S. raid: Pakistan officials(Reuters) - Osama bin Laden and his comrades offered no resistance when killed by U.S. special forces in a Pakistani town, Pakistani security officials said on Thursday.
BBC: Bin Laden: Publishing images poses 'US security risk'
President Barack Obama has said publishing photos of the dead Osama Bin Laden threatens US national security.
NYDailyNews: Code name Geronimo: White House stays mum about Bin Laden's code name; Native Americans angry
Reuters: Photos show three dead men at bin Laden raid house(Reuters) - Photographs acquired by Reuters and taken about an hour after the U.S. assault on Osama bin Laden's compound in Abbottabad in Pakistan show three dead men lying in pools of blood, but no weapons. (photos at site)
NYDailyNews: Killing an unarmed Osama Bin Laden was justified, U.S. officials say 
TheIndependent: Robert Fisk: Was he betrayed? Of course. Pakistan knew Bin Laden's hiding place all along
Bloomberg: Bin Laden’s Death Ends ‘Favorite Excuse’ to Crush Arab Spring  
TheWrap: Michael Moore: 'Bin Laden Wasn't Killed, He Was Executed' 
BusinessInsider: WHITE HOUSE: Only If Bin Laden Was Naked Would We Not Have Shot Him  


CNN: Workers enter crippled nuclear reactor building

Global Conflict
Bloomberg: Abbas Patches Rift With Hamas in Bid for Palestinian Statehood

BBC: Libya: Aid ship comes under fire in Misrata
An international aid ship helping to evacuate people from the besieged Libyan port of Misrata has come under rocket attack from government forces.
BBC: Syria: Raid in Damascus suburb as people defy crackdownHundreds of Syrian troops have stormed the Damascus suburb of Saqba during the night - breaking into houses and making many arrests, witnesses say.
Reuters: FACTBOX-Key political risks to watch in Saudi Arabia
May 3 (Reuters) - The world's No. 1 oil exporter faces the twin challenges of creating jobs for a young population at a time of unrest in the Arab world, and pursuing economic reforms with a royal succession looming.

BBC: Egypt ex-minister Habib al-Adly jailed for 12 years
Egyptian former Interior Minister Habib al-Adly has been sentenced to 12 years in jail for money-laundering.
TheTrench: Russia, China Swoop into Yemen
BusinessInsider: Second Huge Car Bomb In Two Days Devastates Iraq, Killing 20 Police Officers 
Guardian: Bahrain's medics are the targets of retributionThe arrest and disappearance of Bahraini medics is part of a policy of retribution against those who helped protesters

Financial News

WSJ: Jobless Claims Surge 

 New claims for jobless benefits unexpectedly surged last week to their highest level since last summer, according to data giving another sign of the economy's struggle in creating jobs. 
ibtimes: John Williams: Hyperinflation and Double-Dip Recession Ahead
BusinessInsider: Meredith Whitney Doubles Down On Her Call For An Epic Muni Catastrophe 
CSMonitor: Household participation in food stamps continues steady climb 
DailyBail: South Carolina Supreme Court Halts ForeclosuresThe South Carolina Supreme Court halted pending foreclosures Tuesday and instated a mandatory foreclosure intervention program.
BusinessInsider: Credit-Mad Chinese Companies Are Hoarding Copper In A Ponzi Scheme For New Loans
BusinessInsider: LEAKED DOCUMENTS: The US Is Working With Saudi Arabia To Stop China From Investing In Iran 
Reuters: GM profit more than triples, sees 2011 improvement 
TruthOut: The International Assault on Labor
GlobeandMail: China rules U.S car makers guilty of dumping China has found some U.S.-made passenger cars benefited from unfair subsidies, damaging its car makers, although Beijing side-stepped a potential trade row with the United States by not hitting them with duties. 
MyBudget360: Financial raiders and the loss of the American middle class.
5 charts showing the slow erosion of the middle class in America. 12 states have underemployment rates above 17 percent, insiders selling out, Great Recession in perspective, and a race to the financial bottom.
BusinessInsider: DEFLATION ALERT!
GlobalPost: Glencore: the most powerful company you've never heard ofMeet Glencore, a global commodities trading powerhouse in an age of high food prices. How did it avoid scrutiny for so long?

...But Glencore isn’t a public company. It’s a private business, based in picturesque Baar, Switzerland, a discreet village in the northern lap of the Alps, in a district known for its low taxes. The firm’s 500-odd owners are reputed to be brilliant. They work extraordinarily hard, and are well rewarded for their efforts, earning multi-million dollar bonuses that would make Wall Street traders blush.

TheNation: CNBC Hypes Bogus US Debt Rating
The headline that topped the Drudge Report yesterday morning had frightening news for its millions of readers: yet another credit ratings agency downgraded America’s debt, this time to “C”—at or near “junk” status in the letter-rating scales used by the big three ratings agencies, Standard & Poor’s, Moody’s and Fitch. Clicking on the link takes the reader to a CNBC article headlined, “US Debt Rating Should Be 'C': Independent Agency.”
Peak oil and Energy News
TheBarrel: The OTC meeting: a production pump company offers subsea spill response

ClimateProgress: After voting to keep them, Rep. Joe Walsh tells town hall we ‘absolutely’ should get rid of oil subsidies 
UPI: Energy Resources Deep waters 'indispensable,' says BPHOUSTON, May 5 (UPI) -- Oil and natural gas exploration in deep-water reserves is "indispensable" to future world energy demands, said a BP official in Houston.
DeclineoftheEmpire: Badges? We Don't Need No Stinkin' Badges!Yesterday an interesting item from The Oil & Gas Journal was delivered to my inbox. Allow me to quote from EIA cancels 2011 US reserves compilation as it cuts budget. The acronym "EIA" stands for Energy Information Administration, which is the data-gathering/research wing of the Department of Energy.
ActMedia: Act now on peak oil or curtail mobility, says Commission The European Commission's director-general for transport and mobility policy has warned at a conference on peak oil that it would be a "fatal mistake" for the EU to postpone measures to reduce oil dependency.
TomWhipple: The Peak Oil Crisis: Peak Oil Elasticity
Earlier this week the U.S. Department of Energy announced that the average national price for regular gasoline in the U.S. was now $3.96 a gallon. Don’t feel too bad though; last week the Kremlin banned gasoline and diesel exports from Russia to alleviate domestic shortages sending gasoline prices in Germany to a record $9.10 a gallon.

Environmental News
DetroitFreePress: Army Corps of Engineers might release more water to spare towns

Flood Unease Intensifies Along the Mississippi

MSNBC: Levee to be blasted again as Mississippi rises
Ark. closes 15-mile stretch of one of nation's busiest arteries due to flooding
wjtv: Radioactive Water Pumped Into Mississippi River
CSMonitor: Monsoon in the Midwest: Records fall as Mississippi floodwaters rise
In broad areas of the Midwest, April rainfall was four times normal. Now floodwaters are flowing down the Mississippi, inundating farms and threatening to break records more than 70 years old.
And next to the massive flooding, we have epic drought.
NewsOK: Areas of drought expanded in Oklahoma
Areas of exceptional drought expanded in Oklahoma. The Panhandle and southwest Oklahoma have gotten worse
"We need to be getting some rain," McManus said. "If we enter the summer months without replenishing this moisture that we've lost, this drought will explode in western Oklahoma."
Reuters: Drought worsens in U.S. Southwest as floods hit Midwest
The lack of moisture, coupled with high temperatures and wind, fueled wildfires that so far have ravaged 2.2 million acres and destroyed more than 1,100 buildings in Texas. Farmers are giving up on wheat fields, and ranchers are struggling to keep cattle fed and watered.

NatGeo: The Coming Storm (wonderful photos)
The people of Bangladesh have much to teach us about how a crowded planet can best adapt to rising sea levels. For them, that future is now.
NPR: Slow-Moving Disaster Along Mighty Mississippi
NewScientist: Tropical Arctic unleashed monster ants on America 
BeforeItsNews: 500 YEAR FLOOD: Mississippi River Flows Backwards!! 
particiashannon: Record 178 tornadoes from South storms

America in Decline 

WSJ: Looking to Speed Security for Frequent Fliers
In what would be a major shift in procedures, the Transportation Security Administration is working on a concept that could let "trusted travelers" keep their shoes on, leave laptops in bags and avoid body scanners altogether—one of the biggest improvements at the airport since 2001.
MotherJones: Should Public Schools Use Biometrics and RFID to Track Kids?
For the nation's $20 billion security industry, schools are fertile ground for prison tech.
For millions of children, being scanned and monitored has become as much a part of their daily education as learning to read and write. But while metal detectors and video surveillance have been used for years in public schools, new military and corrections technologies are quietly moving into the classroom with little oversight. Biometric systems with prison applications, such as iris recognition and fingerprint scans, are already being deployed in some high schools to monitor Internet usage. Computer programs that check school visitor identities against sex offender lists are gaining popularity. And radio frequency identification (RFID), developed for military applications and now commonly used by industry, is being promoted for tracking students. The mantra of school safety is being used to justify technology for its own sake—and for the profits of savvy entrepreneurs.
ipezone: Americans Agree America's Future Stinks (Duh)
Ah, the stench of American decay. Just a few hours ago, I heard Joseph "Soft Power" Nye--a worthy inaugural recipient of this blog's Carl Spackler Award for Cheneynomic analysis--outline his case that America's demise is much exaggerated. As you'll read below, I take issue with his argument that while the US may be in relative decline, it is not in absolute decline.

Science and Technology
ScientificAmerican: Is There a Future for Airships?

A safer generation of airships, otherwise known as dirigibles, is trying to usher in a low-carbon future for air cargo

Medical and Health
Health: 11 Surprising Headache Triggers

NewScientist: Feeling depressed? It may be your quarter-life crisis 
RawStory: Hundreds of girls raped, murdered in Tanzania for black magic AIDS ‘cure’
DAR ES SALAAM (Reuters) - Hundreds of albinos are thought to have been killed for black magic purposes in Tanzania and albino girls are being raped because of a belief they offer a cure for AIDS, a Canadian rights group said on Thursday.
At least 63 albinos, including children, are known to have been killed, mostly in the remote northwest of the country.

Albino hunters kill their victims and harvest their blood, hair, genitals and other body parts for potions that witchdoctors say bring luck in love, life and business.

"(It is believed) a person with albinism is a curse. They are from the devil, they are not human, they do not die, they simply disappear," said Ash.
Other News
SOTT: UK: Police powers are out of control

BBC: Australian detainees charged over Villawood centre riotSeven detainees at an Australian immigration centre in Sydney have been charged in connection with a riot.
USAToday: After 50 years of decline, household size is growing
"The economy played a large role," says Zhenchao Qian, sociology professor at Ohio State University who is doing research for the US 2010 Census Project, which studies trends in American society.
That's why an increasing number of young adults are living with their parents — including "boomerang kids" who return after college. The percentage of young adults ages 19 to 29 who are living with their parents rose from 25% in 1980 to 34% in the late 2000s, Qian's research shows.
BBC: 'Most wanted Nazi' Sandor Kepiro, 97, tried in Hungary
A 97-year-old Hungarian accused of massacring civilians in Serbia in 1942 has gone on trial in Hungary.
WVGazette: Man high on bath salts kills neighbor's goat, police say
CHARLESTON, W.Va. -- Police say an Alum Creek man high on bath salts killed his neighbor's pygmy goat and that neighbors found him in his bedroom, dressed in a bra and panties, next to the dead animal, said Lt. Bryan Stover of the Kanawha County Sheriff's Department.
UPI: 15-year-old headed for Harvard
PISCATAWAY, N.J., May 5 (UPI) -- A New Jersey 15-year-old who was accepted to six of the seven Ivy League schools said she has chosen Harvard University in Massachusetts.
TheTennessean: Tennessee shared lethal injection drugs
Scarcity forces states to find other supplies for executions
Then, federal agents seized lethal injection drugs from Alabama and Tennessee after attorneys around the country raised questions about who was supplying the drugs to death penalty states and whether the sharing of sodium thiopental among states was legal. Attorneys fighting to stop the executions argue that states have been illegally importing sodium thiopental from overseas companies that do not have permission to sell the Schedule III drug in the United States.
Kottke: Werner Herzog thinks the 20th century was a mistake! 
Volunteertv: The gun test: to fail means jailDo you know when it's legal to shoot an intruder on your property? Well not knowing could land you in prison. Take the gun test.

The Forums

TinfoilPalace: Arrest of High US Government Officials Imminent? (Tom Heneghan)
TinfoilPalace: Google mapping around groom lake 
TheOilAge: Sea Levels Rising Faster Than We Thought
TheOilAge: Brazil's poor evicted on behalf of Olympics
Hubberts-Arms: TomTom admits sending your routes and speed information to the police
Hubberts-Arms: George W Bush On High Gas Prices "I Would Suggest Americans Understand How Supply & Demand Works"
SilentCountry: Home prices in 'double dip'
SilentCountry: Guy McPherson: Interviewed by Adbusters

No comments:

Post a Comment