Don't forget to check out RJ's Global Glass Onion today for his weekly round-up of the financial news and of course the Ozarker's Conflicted Doomer site. If you haven't read some of her fiction work make time to check it out!
see you all tomorrow for a great documentary sent in by a reader. I think you'll enjoy it!
Here's something from Jon Stewart to add a few laughs to the day.
Global Conflict
BusinessInsider: Berliners Still Can't Work Out Who's Torching Their Luxury Cars
NPR: In Syrian Conflict, Tactics Grow Increasingly Brutal - Activists say the latest, most grisly trend is to detain protesters, torture them to death, then release their bodies for all to see. Activists say of the 70 deaths in detention they've documented so far, nearly 40 have been in the central city of Homs.
Guardian: Twin explosions rock British council compound in Kabul
Suicide bombers have hit the British council offices in Kabul in the early hours of Afghan Independence day
BusinessInsider: Day Of World Chaos Sees Air Strikes, Bombings, Ambushes, And U.S. Curfews
Spiegel: Opinion: A Society on the Verge of a Meltdown - The riots in London are a social Fukushima for the Western world. Should we really be suprised that an increase in wealth for just a few, accompanied by simultaneous impoverishment of the masses, could not continue unabated?
TheTelegraph: The moral decay of our society is as bad at the top as the bottom
Spiegel: Blaming the Periphery: Right-Wing Populists Stoke Anti-Southern Rage
ActivistPost: US army to develop next-generation combat vehicle
WASHINGTON (AFP) - The US Army has said it had awarded nearly $900 million in contracts to British arms manufacturer BAE Systems and US firm General Dynamics to develop its next-generation ground combat vehicle.BusinessInsider: Inside Today's Huge Attack On The British Council In Kabul
The Pentagon said it had given $450 million to BAE and $440 million to General Dynamics to develop "competitive, affordable and executable designs for a new Army Infantry Fighting Vehicle (IFV)" over the next two years.
Guardian: Kabul attack: Taliban in six-hour gun battle at British compound
• At least nine people killed in assault on British Council
• New Zealand special forces and UK troops join fighting
Guardian: Riots: Mother jailed for handling looted shorts freed on appeal
Ursula Nevin slept through riots in Manchester but was jailed after accepting a pair of shorts looted by a friend
Aljazeera: Protesters 'shot dead' in southern Syria
At least eight protesters killed after UN report claims government may be guilty of "crimes against humanity".
WashingtonPost: Egypt to install pay phones in prisons to abide with human rights standards
ActivistPost: Counter Strikes: Israel pounds Gaza after deadly attack wave
Reuters: U.N. to evacuate foreigners from besieged Tripoli - The United Nations said on Friday it would mount an operation, probably by sea, to evacuate thousands of foreigners trapped in Tripoli by rebel advances that have put Muammar Gaddafi's capital
Cryptogon: Government Transparency on Deployment of Body Scanner Technology in Surface Transit Venues and Street-Roving Vans
WiredDangerRoom: Tiny Pocketbots Prepped for Combat
BBC: Deadly raid on UK Kabul compound - Gunmen have stormed the British Council office in the Afghan capital, Kabul, killing at least nine people and taking over the compound for hours.
Reuters: Suspected suicide attack kills at least 34 in Pakistan - A suspected suicide bomber killed at least 34 people in a mosque during Friday prayers in Pakistan's northwestern tribal region of Khyber on the Afghan border, a top government official said.
CNN: U.S., Europe call for Syrian leader al-Assad to step down
CNN: Analysis: As Libyan conflict grinds on, NATO's mission shifts
MSN: Israeli jets strike Gaza; militants fire rockets - Israeli military warns Hamas it 'will respond in strength and exact a price' if violence escalates; Hamas denies involvement in Thursday's attacks
CNN: Dozens killed in attack at Pakistani mosque
CNN: India's Hazare begins anti-corruption fast after leaving jail
Financial News
FDL: Bank of England, Recognizing Error of Austerity, Finally Coming Around to Monetary Stimulus
TheEconomist: Increased Armageddon odds
MarketWatch: Breaking news: Corruption and greed on Wall Street (thanks for this one RJ! )
WSJ: UPDATE: Central Banks' Demand For Gold Quadrupled In 2nd Quarter
Roubini: Global Equity Outlook: Downgraded Amid U.S. Stall
TheAtlantic: Wall Street Scandals Go Down the SEC's Memory Hole
Reuters: Super rich still making money in crisis - Aug 19 (Reuters) - Financial advisers to the world's richest people report some of their top clients have continued to make money throughout recent market turmoil by harnessing sophisticated investments out of reach to mainstream punters.
MSNBC: BofA cutting at least 3,500 jobs - WSJ
NYT: File Disposal Still an Issue for S.E.C.
CNNMoney: Will Europe come tumbling down?
DetroitNews: J.D. Power trims auto sales forecasts for 2011, 2012
CNN: 40% Chance of a Euro Zone Breakup: Economist
BusinessInsider: BOOM: 0.5% CPI Buries Hopes For More Fed Easing, Initial Claims Tick Back Higher
NakedCapitalism: Europe Has Another Bad Market Day; Bank Stocks Get Whacked
ZeroHedge: "Rare" Events Are Becoming Less So...
MoneyWatch: Stock Losses - Why it Hurts More Than You Thought
Bloomberg: Putin Calls U.S. ‘Parasite’ as Russia Gorges on Its Debt
Forbes: Struggling Bank Of America Slashes Thousands Of Jobs
Forbes: Gold And 10-Year Treasuries' Mirror Image: Stagflation Or Deflation? Bad Outcome Either Way
SFGate: Muni Bonds May Face Downgrades After Final U.S. Budget, S&P Says
WSJ: Jobless Rates Increased in Most States in July
BusinessInsider: Morgan Stanley Just Slashed Its Growth Outlook, While Declaring The US "Dangerously Close" To Recession
MarketWatch: Funding worries hammer Europe’s banks - Debt issuance on track to hit all-time low in August
Hosted: Most Germans doubt Merkel can stop financial crisis: poll
TheNewsTribune: 1,100 Hanford layoffs planned
MarketWatch: J.P. Morgan further cuts U.S. growth forecast
NYT: Court Ruling Offers Path to Challenge Dodd-Frank
Reuters: Biden seeks to reassure China on U.S. debt
Bloomberg: Retailers Raise Prices to Offset U.S. Labor Costs - Unit labor costs for nonfarm businesses rose 1.3 percent in the quarter ended June 30 compared with a year ago, as hourly compensation rose while productivity fell, Bureau of Labor Statistics data show.
Forbes: 10 Big Cities Where Buying A Home Is Cheaper Than Renting
SeattleTimes: Reports: Bank of America to ax 10,000 or more jobs - Bank of America Corp. is cutting 3,500 employees this quarter and working on restructuring plans that will ax several thousand more jobs, The Wall Street Journal and The New York Times reported citing people familiar with the situation.
Peak oil and Energy News
SFGate: Hydraulic fracturing rules considered by U.S.
Commodities/Metals
Bloomberg: Chavez Emptying Bank of England Vault as Venezuela Brings Back Gold Hoard
YahooFinance: Energy Dept. says copper thefts on rise - Energy Department says copper thieves hitting federal sites
Reuters: Analysis: Investor frostiness to palladium will thaw - The darkening economic outlook this month has sent investors out of the palladium market in droves, but the coming months of uncertainty are likely to be more of a cooling-off period than an end to their romance with last year's star performer.
Environmental News
Gawker: This Is the Giant Dust Storm That Just Engulfed Phoenix
Phoenix, Arizona was enveloped by a giant dust storm on Thursday afternoon, marking the third time a haboob has hit the city in two months. The wall of dust caused the city's sky to turn brown, its power lines to fall down, and its transportation systems to slow to a halt. But it also made possible this amazing time-lapse video of the storm's approach.
Washingtonsblog: BP's Gulf Oil Well May Be Leaking AGAIN: "The Oil May Be Coming From Cracks And Fissures In The Seafloor Caused By The Work BP Did During Its Failed Attempts To Cap The Runaway Macondo Well – And That Type Of Leakage Can’t Be Stopped, Ever"
CommonDreams: Critters Moving Away from Global Warming Faster
ExtinctionProtocol: More than a month’s rain falls on parts of UK in just six hours
TreeHugger: World's Largest Rodent Shows Up in California, Spurs Viral Internet Craze (Video)
Telegraph: World's forests absorb almost 40 per cent of man made CO2 - The world's forests are much more important than previously thought in absorbing CO2, according to a paper published in Science.
VancouverSun: Fierce storm smashes stage, leaves 3 dead, 71 injured at rock festival (with video)
FirstPost: Ruptured North sea pipeline has spilled 100 tonnes of oil into the sea so far
MSNBC: The haboob returns! Another wall of dust hits Phoenix Storm delays flights, brings down power lines
America in Decline
FinancialTimes: Governor’s claims of ’miracle’ irk Texans - Randy Ford, who holds three teaching certifications and a bachelor’s degree, began work this week as a teacher’s helper for Texas public schools. He earns $17 above the poverty level, before taxes.
Mr Ford was one of 50,000 teachers sacked when Texas moved to plug a $25bn budget deficit by cutting spending, rather than raising taxes or tapping all $9bn in the state’s “rainy day funds’”.
BBC: US military develops 'bigger bang' explosive material - The US Office of Naval Research says that it has successfully tested a new type of explosive material that can dramatically increase weapons' impacts.
BlackListedNews: Biological Weapons: Bargaining With the Devil
Food and Water
MSNBC: Ground turkey salmonella toll climbs to 111, CDC says
Science and Technology
Guardian: Aliens may destroy humanity to protect other civilisations, say scientists - Rising greenhouse emissions may tip off aliens that we are a rapidly expanding threat, warns a report for Nasa
Atlantic: Darpa's Very Expensive, Sci-Fi Projects from the Future
Atlantic: The Air Force Loses a Second Superfast Spaceplane
Medical and Health
Forbes: Ten Signs You're Depressed But Don't Know It
MSNBC: Maker of tainted wipes sues vendor who won't pay - Firm backs out of contract with Triad Group after reports of bacterial contamination
CNN: Blaming others can ruin your health
MedicalPress: Parents misled by advocates of single-sex education - There is no scientific basis for teaching boys and girls separately, according to Lise Eliot from The Chicago Medical School. Her review reveals fundamental flaws in the arguments put forward by proponents of single-sex schools to justify the need of teaching teach boys and girls separately. Eliot shows that neuroscience has identified few reliable differences between boys' and girls' brains relevant to learning or education. Her work is published online in Springer's journal Sex Roles.
Discovery: Narcissism May Benefit the Young
TheChart: How good is coconut oil for you?
NYT: Do You Suffer From Decision Fatigue?
MSNBC: Psoriasis may increase stroke risk, study says
Doomsteading, Gardening, Urban Farming
CanadianDoomer: So You Think You Have It Bad?
MedicalPress: Modified Ectsasy holds promise as potent blood cancer treatment - Researchers in Britain revealed Friday they are exploring whether the nightclubbers' drug ecstasy could be effective in treating blood cancers.
ActivistPost: A Refrigerator that Runs Without Electricity
USDA: Spotlight on Rural America
Other News
ChicagoMag: Milton Friedman's Grandson to Build Floating Libertarian Nation
TheTelegraph: All Over the Map: Writing on Buildings and Cities
Fact check: Does Texas teach creationism in public schools? Is it constitutional?
Politics
Bloomberg: Is Rick Perry Too European to Be a U.S. President?: Ezra Klein
Slate: The GOP'S New War on Schools - The rise of Michele Bachmann reflects a shift in the party's education agenda.
DemocracyNow: Michele Bachmann Says She Worked at IRS to Infiltrate the Agency
Atlantic: The Rick Roll: Perry Backs Teaching Creationism in Public Schools
The Forums
TinfoilPalace:A News Post on the Dog Theft Situation
TinfoilPalace:For All You Pacifists :)
TheOilAge:SAY MY FUCKING NAME - Ruppert is Pissed
TheOilAge:Extreme weather, again!
Hubberts-Arms:a strange martian cave
Hubberts-Arms:Friday Rant: Hey, Senator Inhofe, It's HOT Outside
SilentCountry:Here it Comes - Maybe....
SilentCountry:Observations from the front lines
P.A.
ReplyDeleteThis is a useful blog on devaluation effects from an American living in Mexico when they did the deed.
http://networkedblogs.com/lTSpE