Friday, July 22, 2011

Breaking News Fri. July 22, 2011

Here's a story from the Ozarker that is guaranteed to piss you off and ruin your day.
HuffingtonPost: Grieving Mother Faces 36 Months In Jail For Jaywalking After Son Is Killed By Hit-And-Run Driver 

Oh, and good news! You can say this...
MotherJones: Court: Drunken, Racist Call to Murder Obama is Covered by the First Amendment
It's like your mom always told you: eat your veggies, finish your homework, make your bed, and do not ever threaten to kill the president because it's a Class D felony and you'll go to jail.
But if you mask your vulgar (or fiercely racist) death threat as a simple suggestion or prediction, you might have some constitutional cover after all.
but you can't say this....
MotherJones: The Global Gag Rule is Back
A House committee has voted to reinstate a ban on US funding to organizations that offer or even refer women for abortions around the world. Often called the "global gag rule" or the "Mexico City Policy," the measure goes so far as to prevent health and aid organizations from even presenting abortion as an option.

I hope everyone has a great weekend and that we all get some cooler temps soon.
Make sure to visit the forums linked at the bottom of the post and check out RJ's
Global Glass Onion for his weekly financial wrap-up.
and never forget our own the Ozarker at Conflicted Doomer. Her beautiful writing really speaks to the heart.

NDReport: Radiological Survey Approach and Hot Spot Limits for Long-term Contaminated Areas Surrounding Fukushima Daiichi Nuclear Power Plant
JapanTimes: Plugging reactors no longer stated goal for Tepco 
WSJ: Curator Tries to Save Stricken City's History
After Tsunami Hit Japan, Former Employee Took Lead in Preserving Artifacts From Destroyed Museum in Rikuzentakata

Global Conflict
CNN: Giant blast hits government buildings in Oslo, Norway
 BBC: Somalia's hungry head for a war zone
JakartaGlobe: ‘Serious Concern’ in Indonesia as South China Sea Tensions Rise
MSNBC: Police: At least 2 dead as bomb blast hits Oslo
Explosion ripped through government building; prime minister safe
MSNBC: Gadhafi: No talks with Libyan rebels 'until Judgment Day'
NATO bombing campaign in fifth month, no sign of negotiations for peace 
VancouverSun: Libya's rebels poised to attack as Gadhafi stalls
IBTimes: Suspected War Criminals Hiding in Canada
Arabist: Libya Dispatch: The Cage (2)The "Gray Man" routine at Gaddafi's prison for journalists, The Rixos Hotel 

BBC: Malawi's Bingu wa Mutharika halts protesters' funeral
The authorities in Malawi have halted the mass funeral of seven protesters who were killed during this week's anti-government protests.
GlobeAndMail: Congo government troops blamed for New Year’s Day mass rape, UN report  
BBC: Amnesty: Saudi terror law 'would strangle protest'
NYT: Proposed Law Would Mandate Jail for Critics of Saudi King 
McClatchy: Egypt, still in turmoil, loses billions as tourists stay away
A secret new anti-terror law being drawn up by the Saudi authorities would "strangle peaceful protest", Amnesty International has said.
The BBC has been shown a classified copy of the draft law showing a number of measures Amnesty said would severely restrict human rights.
These include lengthy detention without trial, restricted legal access and increased use of the death penalty.
RitHoltz: Raging Inequality May Cause Unrest and Violence

Hacker News
Bloomberg: China-Based Spies Said to Be Behind Hacking of IMF in Investigators’ View
RawStory: Former employees claim James Murdoch misled British parliament
MSNBC: Report: US preps subpoenas for News Corp.
Wall Street Journal says Justice looking into 9/11 hacking allegations; UK lawmaker to ask police to probe Murdoch claims   

Financial News
RawStory: Audit: Fed gave $16 trillion in emergency loans
DeclineoftheEmpire: Only Poor People Should Be Allowed To Fail
BlackListedNews: U.S. Consumers Relying on Credit for Basic Necessities
MaxKeiser: Fitch announced it would be the first rating agency to declare Greece has defaulted
DeclineOfTheEmpire: A New Surge In Job Layoffs 
Bloomberg: In China, Mortgage Slaves Curse U.S. Debt: World View
USAToday: The U.S. balance sheet includes billions in 'old debt'RawStory: States negotiating immunity for banks over foreclosures 
VOA: Tax Hikes Were Once Common in US Deficit-Cutting 
Bloomberg: Bernanke, Geithner, Dudley Are Said to Meet on Debt Limit
Treasury Secretary Timothy F. Geithner was scheduled to meet this morning with Federal Reserve Chairman Ben S. Bernanke to discuss the implications of a failure of Congress to raise the debt limit in a timely manner, according to an administration official. 
WSJ: Only Certainty in Impact of U.S. Default Is More Uncertainty 
TPM: Democrats Set Drop-Dead Date For Debt Ceiling Backup Plan
NakedCapitalism: Federal Home Loan Banks Challenge BofA Settlement, Say They May Be Owed a Lot More 
NYPost: Man-made disaster Debt-fight debacle
The debt-ceiling crisis is a perfect example of a man made political disaster: Both parties have summoned a whirlwind upon themselves.
Reuters: Greece defaults 
Politico: Debt talks have senators angry about being left outWSJ: Probe of Ex-IMF Chief Is Widened  
Bloomberg: Obama Aligns With Boehner in Seeking U.S. Debt Pact Amid Internal Strife
WSJ: Huckabee Presses for National Sales Tax
Never mind the dramatics over raising the debt ceiling. One group is keeping its eye on what it regards as a bigger prize: getting rid of the IRS.
BusinessInsider: Uh, The Italian Rally Has Fizzled, And Now UniCredit Is Negative
MyBudget360: The four horsemen of the middle class apocalypse
what does it say that we as a nation bailed out the financially wealthy too big to fail banks yet failed to bail out the middle class?
Reuters: GLOBAL MARKETS-Greek deal boosts stocks, euro; focus on US debt
DailyMail: No Need To Audit The Federal Reserve According To GOP Flavor Of The Month, Idiot Herman Cain 
TruthOut: There Are Jobs for Those Who Want Them. (Not)
MarginalRevolution: The new Greek bailout plan, digested
TaxPolicyCenter: Why Does the Gang of Six Want to Repeal the CLASS Act?
Guardian: Monetary union, always unworkable, has set in train a European disaster
The eurozone is edging closer to doomed fiscal union. But sceptics shouldn't celebrate, as the chaos will reach Britain too
Bloomberg: Consumers in U.S. Relying on Credit as Inflation Erodes Incomes 
Bloomberg: GE Profit Rises as Finance Blunts Energy Drop
TheTelegraph: German taxpayers are being asked to socialise Europe's debts
Bloomberg: Europe’s Biggest Banks Face $30B Greek Writedown
EurekAlert: Chance favors the concentration of wealth, U of M study shows
New model isolates the effects of chance in an investment-based economy
Most of our society's wealth is invested in businesses or other ventures that may or may not pan out. Thus, chance plays a role in where the wealth of a society will end up.
BBC: Greece aid package boosts stock markets
WashingtonPost: House votes to overhaul consumer agency 
NYT: Boehner and Obama Nearing Deal on Cuts and Taxes 
NakedCapitalism: So What Might Happen if We Get to August 3 With No Deficit Deal? 
TruthOut: Corporate America's Sunshine Patriots
In June, a report from Northeastern University's Center for Labor Market Studies found that since the economic recovery began two years ago, "Corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than one percent." It goes on to declare, "The absence of any positive share of national income growth due to wages and salaries received by American workers during the current economic recovery is historically unprecedented. The lack of any net job growth in the current recovery combined with stagnant real hourly and weekly wages is responsible for this unique, devastating outcome."
TransitionVoice: For casino economist the house always Wynns
Spiegel: Saving the Euro:Sarkozy Gets His European Monetary Fund 
TheEconomist: The faltering economy
Making do with less Has Britain’s economic speed limit come down?  

Reuters: UPDATE 2-US indicts three Credit Suisse bankers
US toughens its stance over alleged tax evasion help

Peak oil and Energy News
Platts: IEA won't release more oil, sees higher OPEC supply continuing
BusinessInsider: More Outages Likely As New York Faces Highest Ever Air Conditioning Demand
Friday afternoon may find New York's Consolidated Edison delivering more electricity to its customers than at any time in history.
Platts: China refiners cut July crude runs to 79% on maintenance
IBTimes: The Energy Report - Fail Safe 
StarTribune: The latest oil rush
Big Oil is buying up ethanol before a federal subsidy expires, possibly at month's end.

Freep: Radio ads against m.p.g. proposal go back on air
CNN: As heat index soars, so does record-setting power demand 
Forbes: Here’s A Real Stimulus Plan – Restoring Oil And Gas Production In The Gulf Of Mexico Would Add 230,000 Jobs 
UPI: Study: Biofuel regulations should change 
Reuters: Mexico's largest oil field could boost production
Mexico's state oil company Pemex [PEMX.UL] is optimistic about the prospects for its largest oil field where it could boost production with new discoveries, an independent board member said on Thursday.

ZeroHedge: So Much For That Gold Correction: Gold Surges As European Euphoria Wears Off, Euro Tumbles

Environmental News
Reuters: Africans pour anger, sadness onto Twitter over famine
(Reuters) - Thousands of Africans are taking to Twitter to vent grief and anger over another famine in Somalia, raising money and comforting each other -- a stark illustration of a continent embracing a digital future but lamenting timeworn failings.
NatGeo: The secret language of the Kallawaya Medicine Men
RawStory: House panel votes to bar foreign climate change funding
Cryptogon: Oil Spill On Blackfeet Reservation 
Media Allowed to Film Bohai Bay Oil Leaks in Shandong Province
Telegraph: Worst heatwaves in history: timeline
Central and eastern US states are sweltering in a deadly heatwave. Here is a timeline of other major heatwaves throughout the past century.
Mashable: Bill Gates To Reinvent The Toilet
WashingtonPost: When do you stop innovating to beat the heat? 
 NatGeo: Victory for Penan hunter-gatherer tribe in Malaysia
The rainforest of Sarawak in Borneo, East Malaysia, is one of the most ancient and biologically rich forests on earth, and home to the Penan people, a hunter-gatherer tribe.  The Penan have lived in harmony with their forest with its vast trees, rare orchids, fast-flowing rivers and twisting networks of limestone caves for thousands of years.  ‘The land is sacred’, they say, ‘it belongs to the countless numbers who are dead, those who are living and the multitudes yet to be born.’
For generations, it was the raucous call of the white-crowned hornbill that signified dawn for the Penan.  ‘And thus our life has been since our origins…’, they say. Today, however, they are as likely to be woken by the sound of chainsaws and falling trees, for from the slopes of Borneo’s highest mountain to the swamplands of the coastal plain, the lush world of hanging lianas and scarlet rhododendron is being deforested.
BeforeItsNews: Gangs Of Raccoons Terrorize British Columbia, Residents Warned About Aggressiveness
WashingtonPost: Forecast: Extreme and dangerous heat creeps upward today, continues tomorrow 
TreeHugger: 1500+ Cattle Die From Extreme Heat In South Dakota 
CNN: Chilean officials declare 'catastrophe' after heavy snow 
MSNBC: Massive ice island drifts toward Canada
Manhattan-sized chunk spotted off Labrador; could interfere with shipping
A Manhattan-sized chunk of ice that broke off a glacier in Greenland nearly a year ago is drifting toward the coast of Newfoundland, Canada — providing a stunning sight to scientists and curiosity-seekers but also posing a potential threat to ships. The ice island is 20 square miles — roughly 6.2 miles long and 3.1 miles wide. 
Politico: Obama threatens to veto Interior-EPA spending bill

America in Decline
MiamiHerald: Florida spurns $50 million for child-abuse prevention
Florida lawmakers have rejected more than $50 million in federal child-abuse prevention money. The grants were tied to the Obama administration’s healthcare reform package, which many lawmakers oppose on philosophical grounds.The money, offered through the federal Affordable Health Care Act passed last year, would have paid, among other things, for a visiting nurse program run by Healthy Families Florida, one of the most successful child-abuse prevention efforts in the nation.
CorrenteWire: Is There Something Worse than Despicable?
I'm running out of words to describe the low-lifes in Washington who continue to outdo themselves when it comes to devising ways to separate us from our money. The latest comes from the Social Security Administration, in conjunction with the Treasury Department.

My neighbor just got her social security check in the mail and asked me to help her figure out the flyer that came with it. The flyer reads, "Be prepared to stop receiving a paper check. All federal benefits will be paid electronically.... Sign up for electronic payments NOW!"
TruthOut: Gang of Six Plan Would Raise Taxes on Low-Income Workers

Food and Water
Telegraph: Food sales fall by highest amount since 1980s
THE amount of food that Britons bought in supermarkets in June fell by the highest level since the late 1980s as rising food prices hit the weekly shop.

Science and Technology
Telegraph: Scientists warn of 'Planet of the Apes' scenario
Action is needed now to prevent nightmarish "Planet Of The Apes" science ever turning from fiction to fact, according to a group of eminent experts.
Their report calls for a new rules to supervise sensitive research that involves humanising animals. 
BusinessInsider: U.S. Military Uses "Reality Mining" Data System To Read Afghan Social Fabric
NakedCapitalism: How Algorithms Shape Our World
I don’t know about you, but I’m suffering from debt ceiling/Eurozone mess fatigue and thought readers might enjoy a wee respite. This engaging presentation by Kevin Slavin provides some useful food for thought about how the use of algorithms are coming to literally reshape our world. Hat tip reader Thomas B:
PopSci: The Mystery of the Pioneer Anomaly Solved at Last
A scientific detective story if there ever was one, Slava Turyshev of JPL and his colleagues have spent years tracking down their villain, the Pioneer Anomaly: an unexplained acceleration in the motion of Pioneer 10 and 11, twin spacecraft that were launched by NASA in the 1970s and radar-tracked for over 30 years. Turyshev and his team have recovered files from NASA dumpsters, converted 1970s punch card data to digital, and spent untold man hours crunching numbers beamed to Earth decades ago from spacecraft billions of miles away.
Finally, the case is solved, and the villain is dead.

Medical and Health
Eurekalert: Stronger social safety net leads to decrease in stress, childhood obesity
TheChart: How much vitamin D do I need?
CNN: When you're losing weight, where does the fat go?
CNN: When spouse gets sick -- who leaves?
MSNBC: Stay safe in the ER with life-saving strategies
As many as 98,000 Americans die every year as a result of medical mistakes 

LifeInc: Good Graph Friday: We're spending a lot of our nest egg on health care

Doomsteading, Gardening, Urban Farming
DoomerInCanada: Heat Wave!
ActivistPost: First-ever National Heirloom Exposition in CA this September
Billing itself as the “world’s fair” of the heirloom industry, the National Heirloom Exposition will be held at the Sonoma County Fairgrounds in Santa Rosa, California from Sept. 13-15, 2011.
Supported by firms “passionate about heirlooms and pure foods,” the three-day event will feature over 250 vendors, plus speakers, workshops, films, tours, and, of course, FOOD – the all natural, organic, pure kind that farmers and gardeners have reared or raised for ages.

Other News
RawStory: Poll: Only 52% of Americans approve of God’s performance
DetroitNews: Auto execs get crass, personal
Book peeks behind the scenes at automakers, from profanity to failed merger discussions

Good: Russia Finally Calling Beer Alcohol, Not Food
Though oil money is plentiful in post-Soviet Russia, little of that cash trickles down to most of the nation's nearly 142 million citizens. Russians have long been known for love of the drink, and with about 19 million Russians now living below the poverty line, struggles with drugs and alcohol are on the rise. According to a  2010 Kremlin Advisory Panel, alcoholism in Russia has gotten so bad that 500,000 people die annually from diseases, crimes, and accidents related to alcohol. For men, who tend to guzzle more than women, the average life expectancy in Russia is now a wildly premature 60.
FDL: Congressmen and Banksters Protect Despots, Drug Lords and Tax Evaders
MotherJones: Ron Paul: DC Miser, Galveston Porkmeister
Welcome to the heart of the congressman's Texas district, where federal spending has quadrupled since 1999.
BBC: DADT: Pentagon to end US military gay ban
The Pentagon is set to announce that the ban on gay people openly serving in US military is to end, officials say.
CNN: Afghan women hope to break new ground in the sky
This bit of blasphemy caught my eye this morning.
WashingtonPost: Tim Pawlenty calls Jesus his ‘political hero’

The Forums

TinfoilPalace:One in ten adults depressed: Prescriptions quadruple in the last 20 years
TinfoilPalace:Did Anyone Want Proof that Rupert is an Evil Little Shit?
TheOilAge:Heinberg and Orlov: A Black Hole of Debt 
TheOilAge:The Corn is Dying
Hubberts-Arms:42 Flowers you can EAT
Hubberts-Arms:US Hot Weather: "Heat Dome" Phenomenon
SilentCountry:Precious Metals Ready for Big-Time Run as Global Breakdown
SilentCountry:MoveOn picnic disrupted by Tea Party

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