Monday, February 27, 2012

Breaking News Mon. 27, 2012

Sorry this post might be skimpy today, interwebs have been out all morning! I hate when that happens. Didn't come back on till going on 11 a.m. Well, what can you do?

Check out this excellent guest post by our own Pamplemousse!
and, here's RB's post over at FDL
FDL: notes on home sales, the fraudclosure glitch, gas & oil prices, et al...

I hope you all had a good weekend. If you missed it, here's a link to the Ozarker's Saturday post.

 There.  I’ve said it and, (for all you doomer purists, who turn up your noses at TV watching,) I’m glad.  Yes, some of it is high-class British soap opera. So what?  The drama takes place in a fascinating period of our mutual history with good writing and acting, interesting and believable characters and it deals with historical events – World War I and the Spanish Flu in these first two seasons – that changed both the aristocracy and the servant class in Britain and the world they lived in, forever.
And of course, don't forget RJ's weekly wrapup where he keeps up with all the crazy stuff in the global economy.  Global Glass Onion

Extra special thanks to RJ at the Global Glass Onion and the Ozarker at Conflicted Doomer for their help with links today!
Be sure to stop by the forums linked at the bottom of this, and every, post. Always interesting topics being discussed by some interesting and knowledgeable people.

DesdemonaDespair: 500 used cars to be shipped from Nagoya Port have exceeded radiation limit since August 2011
Zerohedge: Nuclear Contamination As Seen By Japanese Humor 
FDL: Extremely High Ocean Radiation Detected 400 Miles From Japanese Coast 

Global Conflict
Dear God in heaven! this following clip was posted on HA I don't watch tv, and especially wouldn't watch Fox news, so hearing this actually being said, out loud, by a human being, (if you want to stretch the definition) sort of shocked me.
Tucker Carlson Calls For Annihilation Of Iran
Guardian: Shoot the journalists: Syria's lesson from the Arab spring
NewRepublic: The Horrifying Atrocities in the U.N. Report on Syria: A Primer
LegitGov: NATO airstrike kills four Afghan civilians 
Salon: Bibi or Barak: Who will plunge us into Mideast war?
VOA: Afghanistan Hunts for Suspect in Kabul Killings, Karzai Calls for Calm 
CNN: Putin critics try to ring Moscow with human chain 
SwissInfo: Seven US soldiers wounded after Afghan NATO base attacked
WashingtonPost: Karzai urges Afghans to avoid violent retaliation over Koran burnings

Reuters: Greek refiner denies Iran refused oil shipment
Hosted: Santorum: no apology needed for Quran burning
WSJ: U.S. Pulls Advisers After Kabul Killings
McClatchy: U.S. military receives remains of last soldier missing in Iraq
BlaacklistedNews: 'US to announce aerial blockade on Syria'
McClatchy: Pakistan begins demolishing compound where bin Laden lived, died

BBC: Policeman 'behind Kabul attack'
NYT: Blast Injures US Soldiers as Riots Rage in Afghanistan
CBS: Afghans hunt for killers of U.S. officers
Time: Cairo's NGO Trials: Will Egypt Throw American Democracy Advocates into Jail?
McClatchy: Out of the public eye, China cracks down on another protesting village
BBC: Mali clashes displace nearly 130,000, UN warns
Statesman: Israeli attack on Iran might pull U.S. into new war
IBTimes: Taliban Suicide Bombing Kills 6 at Jalalabad Airport
UPI: Report: Putin target of assassination plot
SeattlePI: More than 80,000 Syrian refugees fleeing to Jordan
HuffingtonPost: NYPD Surveillance: White House Helped Pay For Surveillance Of Muslim Neighborhoods  
AlJazeera: What is really happening in Iran?
McClatchy: Supreme Court to weigh torture lawsuits against corporations - Two years ago, the Supreme Court said corporations were like people and had the same free-speech rights to spend unlimited sums on campaigns ads. Now, in a major test of human rights law, the justices will decide whether corporations are like people when they are sued for aiding foreign regimes that kill or torture their own people.

Read more here:

Hacker News
RawStory: ‘Anonymous’ hackers target private prison contractor
BBC: Church 'sickened' by NoW hacking
MSNBC: WikiLeaks publishes intelligence firm's emails
Some documents 'may be forged or altered to include inaccuracies; some may be authentic,' Stratfor says
TechnoLog: Why 2012 will be cybercrime's 'hell year'
BBC: Inquiry told of corrupt 'network'
Wired: The New French Hacker-Artist Underground
Domestic Financial News
RawStory: Hedge fund demands five seats on AOL board of directors
Thanks Ozarker for the following link
USAToday: 3 doomsaying experts who foresee economic devastation ahead 
Reuters: Analysis: U.S. factory jobs rebound seen destined to fizzle

CalculatedRisk: Unofficial Problem Bank list increases to 960 Institutions - This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for Feb 24, 2012.
Forbes: Bunker Stock Update: Option Plays On Guns, Generators And Spam
Zerohedge: Dollar, Gold and Gasoline: Much Ado About Nothing
BusinessInsider: One Thing That's NOT Causing Oil Prices To Surge
WARREN BUFFETT: 'Hormones' Will Help Spark A Housing Recovery
(hormones? is that what they take now for mortgage payments?) 
NYT: The Geography of Government Benefits
CalculatedRisk: 2011: Record Low Placements of Manufactured Homes, and Record low Total Completions
CharlesHughSmith: This Is Small Business in America: Burdened, Crushed, Doomed
CNNMoney: Debt ceiling fight may come sooner than expected
LibertyStreetEconomics: How the High Level of Reserves Benefits the Payment System 
FiscalTimes: America's Fiscal Future Hinges on Tax Reform
BusinessWeek: Risk On: Was 2008 Just a Bad Dream?

Global Financial News
Zerohedge: Guest Post: World Bank Wants Control Of The High Seas
FT: Eurozone Rescue Fund May Reach $2 Trillion
 BlacklistedNews: Tokyo Based Hedge Fund AIJ May Have Lost/Stolen All Customer Pension Fund Money
Cryptogon: Foxconn Hires Public Relations Firm Burson-Marsteller — Other Clients Include Bhopal, Blackwater, Multiple Dictatorial Regimes  
CreditWritedowns: Foxconn and China’s Capitalist Revolution
BlacklistedNews: Greece is toast: Hello Spain! Austerity anger spills into ‘Valencia Spring’ protests
CNNMoney: World Bank to China: Free up your economy or bust
IBTimes: China's Economy Needs Major Overhaul: World Bank
TelegraphUK: House buyers return in record numbers
Buyer interest in the housing market has recorded its strongest growth in five years.
NYT: The Failing State of Greece
Businessweek: EU’s Iran Sanctions Curb Asian Insurance for Crude Tankers
Cryptogon: Greece: Farmers Cut Out Parasitic Middlemen, Sell 24 Tons of Potatoes Directly to Consumers
Zerohedge: German Bundestag Approves Second Greek Bailout
The lesson for the Europeans is that the US fiscal stimulus worked 
Spiegel: Opinion: We Have Become the New Villain

Peak Oil and Energy News
IBTimes: A Brief History of the U.S. Strategic Petroleum Reserve [OIL LOANS, OIL SALES]
The following story was posted by Brennus at Hubberts Arms, you can join in the discussion HERE.
Telegraph: Soaring oil prices will dwarf the Greek drama
"While the escalation of any kind of tension in the Middle East is obviously a serious matter, I don't accept that is why crude prices are high. The real reason –perhaps less interesting, but no less important for that – is simple demand and supply. Global crude use is soaring, while the most important oil wells on earth are rapidly depleting."
BigPictureAgriculture: Two Interesting Oil Graphics: U.S. Inflation Adjusted Gasoline Prices Since 1918 & Asia Leads Global Petroleum Consumption Since 1980 Kay has a great graph on this up at her site. Be sure to go visit and support her good work!
EconBrowser: Factors in the recent oil price increases
Reuters: Analysis: Oil price rise raises specter of global recession - A jump in energy prices is jamming the slow-turning cogs of an economic recovery in the West, but that may be nothing compared to the economic shock an Israeli attack on Iran would cause.
MarketWatch: Saudi Arabia raises crude oil output: reports
OrlandoSentinel: Consumers pull back as gas prices spike at the pump
EnergyBulletin: Why do political and economic leaders deny Peak Oil and Climate Change?
GlobalGuerrillas: Oil Disruption is Zooming and Global Panic Awaits - Global Guerrillas: Oil is up to $110 and it is on a roll. The last time oil went in this direction, it caused a slowing in the global economy that led to a global financial panic. What's causing it? Peak oil, Chinese growth and lots of potential oil disruption. Pretty much the same factors that caused it last time.
Bloomberg: Goldman Bets on Rising Oil With Surging Supplies: Energy Markets - The highest U.S. oil production in nine years is failing to dissuade Goldman Sachs Group Inc. (GS) from predicting that the price of the country’s most-traded crude will keep climbing.
WSJ: Number of the Week: Energy Bills Heading Down (Really!) $25: How much less the typical American household will spend on energy this winter than last. That’s right: less.

ETFDaily: Central Banks Seizing Gold CommodityOnline: How to unlock the value of gold holdings in Indian households?
ETFDaily: Will Gold Be Hedge-Fund Manager John Paulson’s Next “Greatest Trade Ever”? (GLD, SLV, GDX, NG, AUY, AU, ABX)
Zerohedge: Grant Williams On The Simplicity Of Owning Gold
CommodityOnline: Aluminium acting like money: Deutsche Bank 
ETFDaily: Gold’s Role In Endgame Comes More Into Focus 

BusinessWeek: BP Spill Victims Still Feel Economic Impact as Trial Nears
Mineweb: Opposition to Lynas Malaysian rare earths plant hits the streets - Environmntal demonstrators have taken to the streets to call for a halt to Lynas Corporations plans to build a rare earths processing plant in Malaysia.
PhotoblogMSNBC: Moon and planets add sparkle to sunset
ExtinctionProtocol: Another volcano awakening? Rise in activity at Colombia’s dreaded Nevado del Ruiz volcano
UrbanFarmer: Food Shortage for Bees

FuelFix: Deepwater Horizon Trial Postponed
Grist: As fracking boom hits Ohio, industry deceives landowners
USATodaya: Leaks show how think tank tries to shape climate teaching 
Truthout: Brad Kittel Builds "Tiny Texas Houses"

America in Decline
BlacklistedNews: John Bolton dodges question from anti-war vet about blowback, insults him; Fox edits out the audience booing and replaces with it applause
MSNBC: NYT: Dementia behind bars makes caregivers of killers
Inmates change from predators to protectors, aid system stressed by growing demands
TulsaWorld: Pressure builds for civilian drone flights at home
Kunstler: A Fog of Mendacity Those frightening sounds, sights, and odors on the wind this foreboding snowless winter - like emanations from some back ward of a global psychiatric hospital - are the signs of a nation going completely mad. The traumatic rise of oil prices above the $100 level is one irritant, prompting a range of people-who-oughta-know-better to gibber and fulminate as though they'd been locked in the nation's attic since Thanksgiving with nothing to do but play with a box of pencils. Meanwhile, several absurd "narratives" circulate around the mainstream media that are sure to cause this country more trouble - as any set of pernicious untruths will.
If you haven't seen this video yet, make time to check it out. Thanks RJ!
Marketwatch666: A brief and crucial history of the United States  

Food and Water
BusinessWeek: The Fishing Industry's Cruelest Catch - In the waters off New Zealand, scores of indentured workers are trawling for seafood—and you may be buying it
The terms of the first contract, the “real” one, would later haunt him. In it, IMS spelled out terms with no rights. In addition to the agent’s commission, Yusril would surrender 30 percent of his salary, which IMS would hold unless the work was completed. He would be paid nothing for the first three months, and if the job were not finished to the fishing company’s satisfaction, Yusril would be sent home and charged more than $1,000 for the airfare. The meaning of “satisfactory” was left vague. The contract said only that Yusril would have to work whatever hours the boat operators demanded.
ExtinctionProtocol: Food-chain unraveling: Livestock plagues hit U.S., Nepal, and UK, mystery virus killing numerous animals
MSNBC: Optimistic farmers see boom coming to an end
Energy costs and global economy may rein in historic revenues this year  
Internet and Online Privacy News  
Cryptogon: FBI Turns Off Thousands of GPS Devices After Supreme Court Ruling
ArsTechnica: RIAA (sort of) responds to SOPA critics, says copyright "offers little real protection" 

Science and Technology
Cryptogon: Swarms Of Autonomous Micro-Air-Vehicles Modeled On Insects

Wired: Alt Text: Disturbing Science Books for Kids
ScientificAmerican: Hell off Earth: Blustery Exoplanet Charted in 2-D for First Time

Medical and Health
WSJ: Medicaid Cuts Rile Doctors
BodyOdd: A whiff of rosemary gives your brain a boost
NYT: Scientists Use Stem Cells to Generate Human Eggs 
MSNBC: Doc: 2 teens with tic-like mystery illness 'all better' 
CNN: Medicare covers yoga for heart disease
NewsObserver: Effort to cut Medicare fraud disappoints - National - -- Launched last summer, a $77 million computer system to stop Medicare fraud before it happens had prevented just one suspicious payment by Christmas. That saved taxpayers exactly $7,591.
Doomsteading, Gardening, Urban Farming
WaldenEffect: Anna: How to plant a no-till garden
ModernSurvival: Survival Kit: Signal Mirror 
PreppingToSurvive: Quote of the Week: Kierkegaard on the End of the World 
DeclineoftheEmpire: The Back-up Plan 
AZStar: Survivalist mountain man named in dozens of thefts - Knapp has eluded capture for more than five years and is responsible for more than two dozen burglaries across a swath of mountains not far from Zion National Park.
He's roamed 1,000 square miles of rugged wilderness where snow can pile 10 feet deep in winter.
Authorities have said Knapp has been breaking into remote cabins in winter, living in luxury, consuming hot food, alcohol and coffee before stealing provisions and vanishing into the woods with guns and supplies.
DemHerald: Cache, not cash - When preparing for the apocalypse, there are two things you need to build up: skills and supplies. Skills you take with you wherever you go; but where should you keep supplies?
Survivalists often take a lesson from pirate lore and bury their treasures, what they call caches.
When doomsday dawns, commerce is likely to cease and looting to begin. The products you’ve always bought at Walmart — choosing between 17 mass-produced, similarly priced brands — may no longer be available. So you can use your skills to make your own, or you can just dig up your cache.
LAT: The American Redoubt, where survivalists plan to survive - When society collapses, they intend to be armed and well fed in the high country of the Northwest. James Wesley Rawles is their guru on the subject.
Gather: "Prepping": The New American Craze - Doomsday Preppers premiered Tuesday night on the National Geographic Channel. Good timing on their part because "prepping" (preparing for the worst, or like they say online, for when TSHTF) has become an American craze.
CityFarmer: Cuban Experience in Urban Agriculture Applied in Mexico
Other News
CNN: Five students shot at Ohio high schoolRawStory: Los Angeles Times announces implementing paywall next month
USAToday: Little Free Libraries are taking root on lawns
Reuters: Kennedy hospital tussle over fresh air for baby: lawyer 
Reuters: Minnesota's controversial deadly force bill advances 
RawStory: Former President Bill Clinton among Nobel Prize nominees 

RawStory: Santorum: JFK’s secularism ‘makes me throw up’
Reuters: Santorum win in Michigan could be chaos for GOP 
RawStory: GOP reliance on ‘culture wars’ turning off younger voters
CBSNews: Ron Paul: Santorum is "desperate" 
WashingtonPost: In early political days, Gingrich wooed unions, bucked oil firms, blasted ... 
USAToday: GOP bashes Obama over Afghan apology 
Reuters: Romney defends wealth, Santorum touts conservatism 
MLive: Rick Santorum unleashing his 'secret weapon' on Michigan: TV's Duggar family 
SeattleTimes: FACT CHECK: Gingrich energy ad errs on facts  
RawStory: Romney appeals to racing fans: My friends own NASCAR teams 

TinfoilPalace: In England: As Rivers Run Dry, Government Says, "Four Minute Showers"
TinfoilPalace: Science Saved My Soul - From Religion
TheOilAge: Credit Suisse: Europe as a giant CDO
TheOilAge: Alice Friedmann: peak energy/resources, climate change,...  
HubbertsArms: Hydraulic Ram Pumps for pumping water
HubbertsArms: Banker Leaves 1% Tip On $133 Lunch Bill In Defiance of 'The 99%
SilentCountry: Will women rise up in 2012?
SilentCountry: 500 more Blockbuster stores to close

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