Friday, June 3, 2011

Breaking News Fri. June 3, 2011

Just want to remind everyone to check out MegaD's blog "Dust in the Wind". He has a great new post up called, "What do Bugs teach us?" 
Also, watch this video from Max Keiser.

As always, thanks go out to rj at Global Glass Onion and the Ozarker at Conflicted Doomer for their friendship and help gathering links for us.
Rj's weekly wrapup should be a doozie. He posts Friday afternoons and do follow him and the Ozarker, she writes beautifully and her posts have wisdom and insight lacking in so much writing today.
I say this a lot but it's worth saying again, check out the forums linked below and the blogs on the left. We have some forum members that are just wonderful writers!

GLP: Mt Sakurajima and Mt.Kirishima Erupting NOW - Multiple Eruptions Visible!!
oddly enough, GLP seems to be the only place talking about these eruptions.
Mt Sakurajima and Mt.Kirishima Erupting
Webcam here.
Another one here.
ExtinctionProtocol: 6.3 earthquake strikes near the coast of Tokyo, Japan

Global Conflict
BusinessInsider: THE CHOBANI REVOLUTION: Greek Protesters Hurl Yogurt And Take Over The Ministry Of Finance
Guardian: Yemen, Bahrain, Syria and Middle East unrest – live updates
Unrest continues in Yemen as civil war draws closer, while the fate of the Bahrain grand prix will be decided at a meeting of Formula 1's governing body. Follow live updates here
USAToday: President Saleh, other top officials wounded as troops, tribes clash in Yemen
MailandGuardian: Libyan rebels broke despite piles of gold
Abdalgader Albagrmi's office sits above a vault piled high with gold. It's the dwindling pile of cash next to the bullion, however, that keeps the Libyan rebels' deputy Central Bank chief up at night.
WashingtonPost: Bahrain police fire at protesters marching toward landmark square after emergency rule lifted
Bloomberg: Syrians Protest Alone as West, Military Leave Assad Free Hand
BBCThousands of anti-government protesters have taken to the streets across Syria after Friday prayers, in defiance of the ongoing crackdown on dissent.: Syria: '27 killed' as thousands protest in Hama
GlobeandMail: Pakistan forces back militants near Afghan border
Pakistani helicopters and artillery on Friday forced back militants who crossed over from Afghanistan this week and triggered battles that have killed scores of people, an official said. The government demanded that NATO and Afghan troops do more to control insurgents on their side of the long, porous border.
BusinessInsider: Whoa, Have You Seen Greek Stocks Today?
BusinessInsider: Pakistan's Elite Spy Wing Is A "Sponsor Of Terrorism"
UPI: Tear gas fired on mourners in Bahrain

Financial News
Zerohedge: US Has To Create 250K Jobs A Month For 66 Months To Return To December 2007 Unemployment By End Of Obama's Second Term 

Time: The Dismal Jobs Number: Time for New Stimulus?
OutsideTheBeltway: Job Growth Weakens, Unemployment Rate Jumps To 9.1%
DeclineoftheEmpire: The Truth About The Middle ClassAs I've written before, people adapt to gradually deteriorating conditions in such a way that what is "normal" now is worse than what was "normal" last year. This goes on year after year. Few notice the race to the bottom.

MSNBC: Private employers added a meager 38,000 jobs in MayDownbeat ADP data seen as bellwether for government’s monthly jobs report
CNBC:US Factory Orders Decline Broadly, Led by Transportation
TheCapitalSpectator: Job Creation Slows Sharply In May
MSNBC: Wal-Mart moves to reassure investors
Putting its money where its mouth is, retailer announces $15 billion share buyback

MyBudget360: The financial avarice of the global banking system – U.S. banks insolvent to the tune of $3 trillion. FDIC pretends to have funds to support over $7 trillion in banking deposits. 
WashingtonsBlog: Unemployment During the Great Depression Has Been Overstated and Current Unemployment Understated (We've Now Got Depression-Level Unemployment)
Fortune: The Fed's summer of discontent 
BBC: China factories feel credit squeeze as expansion slows China's manufacturers have started to feel the effects of the government's policy to reduce credit-fuelled growth in the country.
Time: More Pain for Spain: The Cucumber Crisis' Bad Timing
Reuters: Moody's sounds alarm over U.S. debt limit and deficits
Ratings agency Moody's warned on Thursday it would consider cutting the United States' coveted top-notch credit rating if the White House and Congress do not make progress by mid-July in talks to raise the debt limit.
BusinessInsider: Will The "Real" GDP Please Stand Up?
Bloomberg: Why Interest Rates Keep Falling
BusinessInsider: Dennis Gartman Just Cut His Gold Position In Half Over Fears It May Fall "Swiftly"
BusinessInsider: Out Of Nowhere, The NFIB Just Sent Out This Warning: "Job Creation On Main Street Has Collapsed"
MineWeb: Farmers in India get cheap loans against gold
Indian farmers are queuing up to get farm loans from banks at interest rates as low as 4% using gold as security, as against the 30% interest rates offered by local money lenders.
ZeroHedge: Lord Jacob Rothschild Suggests You Panic
When The Lord tells you to panic... You panic. And beg for QE 3, 4, 5, etc. Just think of the poor bankers.
CharlesHughSmith: Can We Please Stop Pretending the GDP Is "Growing"?
NewRepublic: A Tale of Two Deficits Stop treating them like they’re the same thing!
BusinessInsider: CHART OF THE DAY: The Scariest Jobs Chart Ever Looks HORRIBLE
StanfordEdu: 20 Facts About U.S. Inequality that Everyone Should Know

NakedCapitalism: Guest Post: Congressional Research Service Confirms Big Banks Borrowed Cash For Next To Nothing, Then Lent It Back to the Federal Government at Much Higher Rates
TheStreetLight: The Beatings Will Continue Until Morale Improves* Greece readies itself for a new round at the whipping post
Forbes: The Next Financial Crisis Will Be Hellish And It’s On Its Way
“There is definitely going to be another financial crisis around the corner,” says hedge fund legend Mark Mobius, “because we haven’t solved any of the things that caused the previous crisis.”
NakedCapitalism: Bribes Work: How Peterson, the Enemy of Social Security, Bought the Roosevelt Name
Bloomberg: Mich. seniors plotting costs of pension income tax
Marie Charnley didn't know when she retired as a high school librarian in 2007 that a national recession was looming or that the steep drop in the housing market would mean the loss of $54,000 on a condo she was forced to sell cheap.
NASDAQ: IRS Must Step Up Efforts To Close $345 Billion Tax Gap -Report
CNBC: Greenspan 'Scared' Over Deficit; Calls for Debt Ceiling Rise

Peak oil and Energy News
LegitGov: Four killed in oil refinery blast
OilPrice: Rare Earths Are About to Become a Lot More Rare
INtelDaily: Offshore Oil Dispute in South China Sea Has Enormous Global
The world’s unceasing quest for new oil deposits has combined with offshore technology to impel many countries to investigate their offshore resources in their “exclusive economic zone,”  (EEZ) defined by the 1982 United Nations Convention on the Law of the Sea Part V, Article 55 as extending 200 nautical miles from a nation’s coastline.
Difficulties arise in congested maritime areas where overlapping claims create friction, and one of the most contested areas in the world today are the waters surrounding the Spratly islands of the South China Sea.
TheEconomist: Nuclear? Nein, danke
A nuclear phase-out leaves German energy policy in a muddle

Environmental News
TimesOfIndia: Dam fallout? S China faces worst drought in 60 years, 35m hit
MSNBC: Half of Texas now under 'exceptional' drought
March-May likely to be driest on record; 30 percent of Oklahoma in same shape
ExtinctionProtocol: New Zealand scientists find new fault line beneath Canterbury
Good: Why the Past Matters for the Future of Fish

America in Decline
AmericanDream: 18 Signs That Life In U.S. Public Schools Is Now Essentially Equivalent To Life In U.S. Prisons
TheTelegraph: 73-year-old shoots dead five people in Arizona
A man embittered by a divorce case shot dead five people including a lawyer and family members in Arizona before killing himself.
BlacklistedNews: Miami Beach Police Ordered Videographer At Gunpoint To Hand Over Phone
GoneHollywood: Porn Companies Fighting Over Jennifer Lopez’s Honeymoon Tape
RawStory: Surprise gesture of support may revive Texas anti-TSA bill
Legislation that would prevent Transportation Security Administration employees from giving invasive pat-downs at Texas airports looked last week to be completely dead, but a letter of support from the state's lieutenant governor could revive the effort.
It all depends on whether Gov. Rick Perry (R) has the stomach for it.
CNNOpinion: College is a waste of time

Food and Water

FarmWars: In the Grip of Mad Scientists: Business as Usual for Monsanto, Fort Detrick, and Atlas Venture
Imagine, if you will, a world in which health sciences, disease control, cancer research, bio-weapons research, vaccine development, biotechnology, food and agriculture, national defense, and chemical companies all work together under the military.
NatGeo: A Plea for the Water in All We Use, Make and Eat
“We’re using tomorrow’s water to meet today’s food demand,” warned Sandra Postel, National Geographic Freshwater Fellow, helping to provoke a meaningful discussion on water as it relates to food at the Aspen Environmental Forum. Agriculture was a central theme as it consumes a disproportionate share of global water resources.

Science and Technology

LegitGov: NATO report threatens to 'persecute' Anonymous
ScientificAmerican: Why do memories of vivid dreams disappear soon after waking up?
ScientificAmerican: Newly Discovered Microscopic Worm Thrives in Gold Mines a Kilometer Underground
High temperature, low oxygen and permanent darkness are no problem for a previously unknown species of nematode
ScientificAmerican: Fact or Fiction?: If the Sky Is Green, Run for Cover A Tornado Is Coming
Hang on Dorothy, you may be in for a rough ride when trying to predict cyclones by the color of the sky
BBC: Quantum mechanics rule 'bent' in classic experiment
Researchers have bent one of the most basic rules of quantum mechanics, a counterintuitive branch of physics that deals with atomic-scale interactions.

Medical and Health
Great site for tracking the e coli outbreak and other illnesses. Hat tip to Roccman at The Oil Age for the link!

GlobeandMail: Little known about rare E. coli strain behind European outbreak 
Bloomberg: E. Coli Sleuths May Be Led to ‘Smoking Cow’ in Germ Source Hunt
NYT: E. Coli Source Remains a Mystery
MonstersandCritics: WHO: E coli outbreak spreads to 12 countries

Doomsteading, Gardening, Urban Farming
ModernSurvivalOnline: Thinking about bug-out vehicles
ModernSurvivalBlog: Heirloom Seeds Keep Giving Year after Year

Other News
Time: Why Do Christian Groups in China Put Authorities on Red Alert?
BBC: Human hair thefts strike US salons
BusinessInsider: John Edwards To Be Indicted TODAY On Criminal Charges
USAToday: Jack Kevorkian, convicted in assisted suicides, dies at 83
Doctor put controversy of euthanasia on the world stage

WashingtonPost: Uncle Sam’s use of snail mail is still rising
The federal government delivers Social Security checks and processes tax returns electronically, but its use of the old-fashioned mail systems is soaring nonetheless, according to a new study.
Slate: The painful price of "compassionate conservatism"
BusinessInsider: Declassified CIA Files Show Tests Of The First Stealth Plane In Area 51

The Forums
TinfoilPalace: Middle school yearbook groups Adolph Hitler, Osama Bin Laden, George W. Bush (Cheney and Manson)
TinfoilPalace: The Queen and Obama Visit Ireland . . . Coincidence?
TheOilAge: Eating their own - Edwards Indicted on Criminal Charges 
TheOilAge: Scientific report: changing climate means increasing floods
Hubberts-Arms: An Asteroid Missed Earth this Week
Hubberts-Arms: Does cigarette smoke smell worse than it used to?
SilentCountry: Germany reports 365 new E coli cases
SilentCountry: At some point this will all become a liability.

No comments:

Post a Comment