Wednesday, June 8, 2011

Breaking News Wed. June 8, 2011

I'm posting this from rj in it's entirety! I mean damnation! What the hell????? People, we, are, in, deep, doodoo!
News10:  Dept. of Education breaks down Stockton man's door 
The original news item has been removed. (wonder why???)  the link up now is for the Readability page for that story and here is the only other link I could find for it.  Oh, and the video that was with that report? Gone! Every source I could find the video is now blank.
OpEdNews: Feds Send Swat Team To Break Down Door, Grab, Arrest Student Loan Defaulter
Kenneth Wright does not have a criminal record and he had no reason to believe a S.W.A.T team would be breaking down his door at 6 a.m. on Tuesday.
"I look out of my window and I see 15 police officers," Wright said.
Wright came downstairs in his boxer shorts as a S.W.A.T team barged through his front door. Wright said an officer grabbed him by the neck and led him outside on his front lawn.
"He had his knee on my back and I had no idea why they were there," Wright said.
According to Wright, officers also woke his three young children ages 3, 7, and 11 and put them in a Stockton police patrol car with him. Officers then searched his house.
As it turned out, the person law enforcement was looking for was not there - Wright's estranged wife.
"They put me in handcuffs in that hot patrol car for six hours, traumatizing my kids," Wright said.
Wright said he later went to the mayor and Stockton Police Department, but the City of Stockton had nothing to do with Wright's search warrant.
The U.S. Department of Education issued the search and called in the S.W.A.T for his wife's defaulted student loans.
"They busted down my door for this," Wright said. "It wasn't even me."
According to the Department of Education's Office of the Inspector General, the case can't be discussed publicly until it is closed, but a spokesperson did confirm that the department did issue the search warrant at Wright's home.
The Office of the Inspector General has a law enforcement branch of federal agents that carry out search warrants and investigations.
Thanks rj for that article! What's going on in this country?
Be sure to check out rj's most excellent blog Global Glass Onion for his weekly wrap-up of the economic situation. Great info.
Also, my friend the Ozarker at Conflicted Doomer sent some great links this morning too. Be sure and visit her blog and read her beautiful writing.
And do go visit the great forums linked at the bottom of the post before forms get outlawed!
Ok, the plot sickens!
about the swat team raid for a student loan. Daily Kos is saying it wasn't because of a student loan but something else but they don't know what it was about yet.
Here's a link to their story.

(Update) (Not Even) SWAT Team DID NOT raid because of a Student Loan Default


Japan
Reuters: Countries seek nuclear stress tests after Japan crisis

Government ministers and officials from nearly 30 nuclear energy producing countries called on Tuesday for safety tests on all reactors, after the disaster at Japan's Fukushima plant sparked concern over standards.
CSMonitor: Fukushima meltdown could be template for nuclear terrorism, study says
The Fukushima meltdown showed how some nuclear plants are vulnerable to cooling-system failures. That might be of interest to Al Qaeda, which considered attacking US nuclear facilities after 9/11, a new study says.
Grist: Fukushima radiation was double previous estimates
GlobalSecurityNewsWire: Decontamination Tech Vetted at Japanese Nuclear Plant 
Bloomberg: Tepco Plant Radiation Level Estimate Doubled by Safety Agency 

Global Conflict
WSJ: U.S. Plans Private Guard Force for Iraq
State Department Prepares to Hire 5,100-Strong Security Detail and Take Over Military Hardware for After Army Leaves

CTVNews: Iran to set up better centrifuges at new site soon
BBC: Hundreds in Syria flee to Turkey, fearing army assault 
BBC: China aircraft carrier confirmed by generalThe head of China's General Staff of the People's Liberation Army (PLA) has confirmed that China's first aircraft carrier is under construction.

StraitsTimes: Saudi Arabia donates 3m barrels of oil to Yemen
SANAA - SAUDI Arabia has donated three million barrels of crude oil to its impoverished southern neighbour Yemen, the state news agency Saba said on Wednesday.
'King Abdullah presented three million barrels of crude oil to Yemen,' Saudi Arabia's Oil Minister was quoted as saying. 
ABCNews: Tensions Flare Up Between White House, Pentagon as Afghanistan Drawdown Nears
FDL: Going Rogue: NATO’s War Crimes in Libya 
BBC: Yemen: Political talks open as Saleh recovers in Riyadh
Yemen's ruling party has opened talks with the country's main opposition coalition following the departure of President Ali Abdullah Saleh to Saudi Arabia for medical treatment.
BBC: Pakistan: US drone strike 'kills 15' peopleAt least 15 people have been killed in a US drone strike in the Pakistani tribal area of North Waziristan, officials say.
AsiaTimes: The struggle for succession in Yemen 
DiplomaticPerspective: Gates's farewell call on Afghans
Robert Gates, US Secretary of Defence, paid his farewell call Saturday on Afghan President Hamid Karzai in Kabul before he demits office next month. Amongst the entire AfPak team in Washington
StarTribune: Clinton heads to Persian Gulf to plot Libya strategy with allies, then off to Africa

Financial News
CNNMoney: America's own 'Lost Decade'

TPM: House Republicans Look To Privatize Social Security
WashingtonMonthly: Fake eviction notices? Seriously? 
HuffPost: Black Unemployment Crisis: Loss Of Government Jobs Hurts African Americans Hardest 
CNBC: Fed Easing 'Miserable Failure' That Risks Depression: Bove
The Federal Reserve is risking a second Great Depression by putting pressure on banks to raise more capital, banking analyst Dick Bove writes in a scathing note that accuses the central bank of losing “all sense of reality.” 
AmericanProspect: Between Rock Bottom and a Hard Place
As the recovery falters, state and federal governments are reducing benefits for the unemployed.
Time: Why is Chronic Joblessness on the Rise?
Economist'sView: Fed Watch: Clear Message from the Fed
Fed Watch: Clear Message from the Fed, by Tim Duy: We received a pretty clear message yesterday – if you are looking for additional monetary stimulus, you need to find a new hobby. Not going to happen. Yes, we know we have said this before, but this time we are serious.

MineWeb: China tightening its rare earth element production controls 
China is restructuring its rare earths mining activities in Inner Mongolia - its main source of rare earths - giving Baotou, the principal producer, a virtual monopoly in the region.
CalculatedRisk: CoreLogic: Negative Equity by State and more
BusinessInsider: Soon Vegas Won't Even Be The Second Biggest Gambling Market In The World
ChinaDaily: Chinese auto firms make big show in Dubai 
Flare: Reported Occupations-U.S. Labor Force, 1850-2000 (Interactive Chart)
CalculatedRisk: Bernanke: Growth "likely to pick up" in second half 
WSJ: GOP Lawmakers: Pawlenty Plan Is Good, If Not Easy to Achieve 
Economist'sViews: Top 5 Charts on the Bush Tax Cuts
To mark the ten year anniversary of the Bush tax cuts, the CBPP assembled the "Top 5 Charts on the Bush Tax Cuts."   
NewScientist: Future of money: A currency that's building community
Meet Macon money, a virtual currency that's building community
THE ties that bind the 92,000 residents of Macon, Georgia, are a little tighter these days. Since October, the locals - college students and senior citizens alike - have been playing Macon Money, a "social impact game" that uses a currency of the same name to overcome socioeconomic barriers in the small city by encouraging people from all backgrounds to meet and collaborate.
GlobeandMail: The best and worst ways to raise cash quickly 
 Spiegel: Berlin Warns of Possible Greek Insolvency
German Finance Minister Calls for Athens Debt Restructuring
MSNBC: More retailers hit by organized crime, survey finds
Sophisticated technology, staffing and more gang activity are contributing to problem
CreditWriteDowns: Voodoo People
DailyReckoning: US Income Expectations Plummet to 25-Year Low
Stockholm, Sweden – The average US worker anticipates that in a year from now he or she will be earning the same or less in wages than right now, a 25-year low in income expectations, based on an analysis by Goldman Sachs.
CNNMoney: Tax cuts push debt to new milestone
DeclineofEmpire: Postponing Judgment Day
BusinessInsider: An Unbelievable Look At Greek Unemployment 
WSJ: Average Job Seeker Gives Up After 5 Months


Peak oil and Energy News
BusinessInsider: "ONE OF THE WORST OPEC MEETINGS EVER"
EarlyWarning: The US Crude Production Peak is not Symmetrical 
 
Reuters: OPEC talks break down, no deal to lift oil supply
OPEC talks broke down on Wednesday without an agreement to raise output after Saudi Arabia failed to convince the cartel to lift production.

BigPictureAgriculture: Bob Dinneen is Exuberant over Ethanol Exports to Brazil
“Biofuels are like cholesterol. There’s good and bad cholesterol.”---Brazil’s former President Lula
Platts: China's gas consumption could overtake Russia's by 2020: analysts
Platts: What are the implications of China's electricity shortage? Platts' news team investigates.  (audio)
MSNBC: Oil falls to near $98 as OPEC weighs output hike
Producers have been split this week over whether they should raise production 
MSNBC: Bubbling crude: America's top 6 oil-producing states
U.S. produces about 5.48 million barrels per day, much less than it consumes
FinancialEdge: 6 Surprising Ways Oil Prices Affect You
DailyReckoning: How Will OPEC Boost Oil Production?
For starters, some of OPEC’s member nations are supporting a military campaign against another member nation. Kuwait, Qatar and the United Arab Emirates back the rebels trying to dislodge Libya’s Col. Gaddafi from power.

True, OPEC has been through this before… with Saddam Hussein 20 years ago. But it’s a lot harder for 12 guys in a room to reach a decision when three of them have bosses who are scheming to overthrow or even kill the boss of another. Just sayin’…
AsiaTimes: Energy woes deepen
Here's the good news about energy: thanks to rising oil prices and deteriorating economic conditions worldwide, the International Energy Agency (IEA) reports that global oil demand will not grow this year as much as once assumed, which may provide some temporary price relief at the gas pump.

Environmental News
This next story is from the Ozarker at Conflicted Doomer, she said it made her mad. When you read it you'll see why, and you can be mad too! I'm mad.

HuffPost: Roundup Birth Defects: Regulators Knew World's Best-Selling Herbicide Causes Problems, New Report Finds
WASHINGTON -- Industry regulators have known for years that Roundup, the world's best-selling herbicide produced by U.S. company Monsanto, causes birth defects, according to a new report released Tuesday.
The report, "Roundup and birth defects: Is the public being kept in the dark?" found regulators knew as long ago as 1980 that glyphosate, the chemical on which Roundup is based, can cause birth defects in laboratory animals.
But despite such warnings, and although the European Commission has known that glyphosate causes malformations since at least 2002, the information was not made public.

 WeatherUnderground: Arizona wildfires spread smoke 1,000 miles; 94L little threat to develop

Space.com: Sun Unleashes 'Spectacular' & Powerful Eruption
"It's nothing we really have to worry about," Young said in his video. "It's just really, really beautiful."
The coronal mass ejection is directed at Earth and moving at about 3.1 million mph (5 million kph), SDO mission scientists said in a statement.
"Due to its angle, however, effects on Earth should be fairly small. Nevertheless, it may generate space weather effects here on Earth in a few days," they added.

BeforeItsnews: Scientists are sounding the alarm: the mysterious cracks appear across the planet

CBSNews: Arizonans flee state's 2nd largest wildfire ever
Blaze chars 486 square miles of forest; Advance on towns of Eagar, Springerville prompts mass-evacuations
BBC: Seabirds such as albatrosses killed by longline fishing
Grist: Blair Mountain: A new milestone in the climate justice movement? 
MSNBC: Natural disaster refugees more than doubled to 42 million
Monitoring group worries climate change is playing big role in 2010 jump
NatGeo: New "Devil Worm" Is Deepest-Living Animal
Species evolved to withstand heat and crushing pressure.
GlobeandMail: Australian plan would cull camels for carbon credits  
Killing a camel to earn a carbon credit may seem a curious way to tackle climate change, but one country is poised to allow investors to do precisely that.
MSNBC: Clean Air Act isn't pain free, but it pays off
Many argue we can't afford the regulations that keep our air clean. Not so  

AccuWeather: Wallow Fire Grows to Second-Largest in Arizona History
ScienceDaily: Carbon Release to Atmosphere 10 Times Faster Than in the Past, Geologists Find

 
America in Decline

BlackListedNews: Real-Life Mercenaries to Star in Blackwater, the Video Game

Yahoonews: NJ court: No shield law for message boards posters
The New Jersey Supreme Court says people posting in online message boards don't have the same protections for sources as mainstream journalists.
BlackListedNews: Forbes: U.N. Agreement Should Have All Gun Owners Up In Arms

Food and Water
Bloomberg: Corn-Crop Delays in U.S. Signal Tightest World Supply Since 1974

Wet weather that delayed corn planting in the U.S., the world’s largest exporter, may send global inventories to their lowest in 37 years, signaling higher costs for consumers and livestock producers.

Science and Technology
MarginalRevolution: What happens if you respond to spam?



Medical and Health
Spiegel: Berlin Blasted for E. Coli Crisis Management EU Wants Germany to Seek International Help 

MailOnline: Nuclear age has led to millions of fewer baby girls being born 


Doomsteading, Gardening, Urban Farming
DoomerinCanada: Lining Dehydrator Trays

Other News
CrooksandLiars: Fox News Warns Parents Of The Evils Of That Liberal Sesame Street Indoctrination

Spiegel: Children of Russian Oligarchs Football in the Crystal Palace
They dance ballet, take private French lessons and collect Kalashnikovs: The children of the Russian elite have known nothing but excess. Photographer Anna Skladmann spent years taking pictures of the mini-wealthy in their own homes -- and told her story in an interview with SPIEGEL ONLINE.
DMarron: Cars vs. Pedestrians vs. Bikes (video)

from rj at Global Glass Onion
"does this explain how we got obama?GOP running fake Democrats in Wisconsin recall election - The Republican Party of Wisconsin admitted Monday that they planned to run candidates as Democrats in this summer's recall elections.
SeekingAlpha: China plans 'cash for clunkers' to beat weak sales
NewsDaily: Australia's military loses its UFO X-Files?

The Forums

TinfoilPalace:Adolf Hitler Was a Rothschild! Proof!
TinfoilPalace:Genes , Giants, Monsters and Men talks with Dr Joseph Farrell on the byte show
TheOilAge:Orlov: The US and Five Stages of Collapse
TheOilAge:Fear and Loathing in the Housing Market
Hubberts-Arms:Minneapolis Tornado Vouunteer Arrested for Doing Good
Hubberts-Arms:China moves to secure food and fuel future
SilentCountry:Scotland to actually break away from UK?
SilentCountry:Wheelchair-bound U.S. offers Greece a crutch. 

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