Tuesday, February 14, 2012

Breaking News Tues. Feb. 14, 2012

Happy Valentine's Day everyone. This will be short as I have to run out and do some tightening up to the little greenhouse! I have seedlings! Yeah!
Much thanks to RJ at the Global Glass Onion and the Ozarker at Conflicted Doomer for their help today!
Also, thanks to David at ETFDaily News. 

Guardian: Fukushima reactor readings raise reheating concern - Temperature inside No 2 reactor may have risen to 82C, and Tepco reportedly steps up cooling efforts

DesdemonaDespair: Documentary on Fukushima town screened at Berlin film festival
LegitGov: Tepco Says Faulty Gauge Behind Temperature Rise in Fukushima
VS: Japan earthquake: 6.0 quake hits eastern Japan, no tsunami warning issued
CNN: Japan: False thermometer may be behind high readings

Global Conflict
CBS: Israel to "settle the score" for Bangkok attack
NewsX: Israeli car blast case: Leads from the CCTV footage- NewsX
IndiaTimes: Israel embassy car blast: Indian intelligence hints at Iran's hand
HeraldSun: Syria ignores Arab plan to stop bloodshed
GlobeAndMail: Russia changes tack, signals open to Syrian intervention 
Spiegel: Happy Hour for Assad: The World Community Must Act on Syria
Hosted: Police: Iranian blows off legs in Bangkok blast
CNN: Syrian residents say they're bracing for full-blown war
JerusalemPost: Barak blames Iran for bomb blasts in Bangkok
CBS: Israel on heightened alert after attacks abroad
USAToday: Iranian boats shadow US ship through Strait of Hormuz
Telegraph: Israel 'unlikely to strike back after embassy blasts'
CSMonitor: Iran accuses Israel of setting up attacks on its own diplomats 
SMH: Mossad gauges US reaction to Iran strike
AJC: Pakistan allows NATO to ship food to Afghanistan
VOA: Rights Group Reports More Tibetan Protests in China
BlacklistedNews: Israel Blames Iran for Convenient Bombing
BahrainRights: Amnesty International: Bahrain: One year on, accountability remains a distant aspiration
SeattlePI: Bahrain Shiites mark revolt anniversary
MSNBC: Activists: Syrian rebels repel Assad's tanks - Hundreds of army defectors are in town held by opposition since January
VS: U.S., N.Korea to hold first talks after Kim Jong-Il's death
Guardian: Binyamin Netanyahu accuses Iran over bombs targeting Israeli diplomats - Tehran's ambassador to India denounces Israeli claim as 'sheer lies' after blast in New Delhi and discovery of device in Tbilisi

MSNBC: Santorum supporters tell Occupy hecklers: 'Get a job'
PlutocracyFiles: New Chris Hedges on Black Bloc - Responding (kinda).
RawStory: Occupy protesters sue New York City over pepper spray incident\
RawStory: Occupy protesters tased at Santorum event

Hacker News
Independent: Now The Sun tries to call in its favours from Downing Street
WSJ: Chinese Hackers Suspected in Nortel Breach

Domestic Financial News
Zerohedge: Credit Plunge Signals 'All Is Not Well'
NakedCapitalism: Bizarre Department of Justice Disclaimer for Mortgage Settlement Website -  - Yves Smith  - Dave Dayen pointed out how peculiar that the mortgage settlement propaganda website, www.nationalmortgagesettlement.com , is a .com and not a .gov. And it turns out the Department of Justice disavows its content (hat tip April Charney):
UPI: Labor force growth to be largely Hispanic
MSNBC: 'Cash mobs': Flash mobs go to bat for small businesses
CE: Labor's Declining Share of Total Income
NakedCapitalism: Occupy the SEC’s Comment Letter Objects to Excuses for Watering Down Volcker Rule (#OWS) - (Yves here. No one should be surprised that Bloomberg is reporting today that Goldman is aggressively lobbying for a Volcker Rule waiver for its role as a sponsor of and investors in “credit funds.”
NewDeal20: 10 Questions for Economists Who Oppose Manufacturing Subsidies
FT: An American budget for the rich and powerful
CapitalGainsAndGames: Tea Party Gets Hosed...Again - Today's announcement by House GOP leaders that the GOP is no longer insisting that the payroll tax extension be offset with spending cuts is just the latest in what now has to be considered to be a series of failures by the tea party to exert any significant influence on a final spending or tax decision.
Economix: Financial Literacy: 'Pretty Dismal'
CalculatedRisk: NFIB: Small Business Optimism Index increases slightly in January
Zerohedge: Unadjusted January Retail Sales Post Biggest Sequential Plunge In History
CeridianIndex: Pulse of Commerce Index Increased 0.2 Percent in December
USAToday: Spending by states and cities declines
BottomLine: GM, Ford, Home Depot among America's shrinking corporate giants

BusinessWeek: Alabama's Immigration Law Could Cost Billions Annually 12:02 AM Since a harsh immigration law took effect in September, thousands of immigrants have fled, triggering a potential economic decline that could erase at least 70,000 jobs
ETFDaily: Marc Faber Likes U.S. Real Estate & Concubine Tenants 
NYT: Military Cuts and Tax Plan Are Central to Budget Proposal 
TPM: GOP Drops Demand For Offsetting Payroll Tax Cut
LiveWire: Geithner To Congress: Extend The Payroll Tax Cut & Unemployment Benefits

Global Financial News
AutomaticEarth: Die Wahrheit Macht Frei - In response to the latest suicidal austerity demands of the Troika hit squad, protestors in Greece burned a German flag while the Greek daily paper Dimokratia adorned its front page with the headline, “Memorandum Macht Frei” [memorandum makes you free]. These elements of the populace are unsurprisingly reacting to the fact that bureaucrats in Washington, Berlin and Brussels are signing away the living standards of the Greek people while telling them that it’s all being done for their own good and is absolutely necessary for peace and prosperity in Europe.
Spiegel: 'The Troika's Policies Have Failed': European Doubts Growing over Greece Debt StrategyFor months, European leaders have been trying to find a way out of the Greek debt crisis. But austerity is merely driving the country deeper into economic despair.
CreditWritedowns: Moody’s Monday Mass Downgrade
Spiegel: The World from Berlin: 'Greece Cannot Be Ruled Against the Will of its People'
NYT: 6 European Nations Get Downgrades
FT: Social unrest harms hopes of Greek reform - Sunday’s explosion of street violence in Athens underlines the danger that political disorder may undercut Greece’s attempt to implement the economic reforms required to avert a debt default, according to Greek politicians and economists.
TheLocal: Seehofer calls for people's vote on euro - Horst Seehofer, the head of the Christian Social Union party, wants Germans to vote on whether the euro should be saved or not and is calling for a change to Germany’s Basic Law, or Constitution, to allow that to happen.
FT: France to push on with trading tax - - France is determined to press ahead with a financial transaction tax inspired by the UK’s stamp duty and supported by at least eight other eurozone countries, the country’s finance minister has said. François Baroin, French finance minister, said the the tax will be levied at 0.1 per cent, raising €1bn a year on share trades.
NYT: 6 European Nations Get Downgrades
Reuters: OECD flags signs of broader upturn in economic outlook
Telegraph: Graphic: the Greek economy's "downward spiral"  - According to the IMF, the Greek economy is in a "downward spiral" with debt to GDP at an all-time high, money supply at a historic low and 20 per cent unemployment.
BBC: Bank of Japan increases stimulus to boost growth

Peak Oil and Energy News
CommodityOnline: Crude oil rises as Iran fears overshadow Eurozone downgrade
FuelFix: Don’t expect gasoline prices to go down any time soon
HuffingtonPost: My Decade of Being "Peak Oil Aware"
CharlesHughSmith: It's Not Just Gasoline Consumption That's Tanking, It's All Energy
NPR: U.S. Watches Closely As Oil Drilling Begins Off Cuba
ABC: Bumpy Ride Ahead: Gas Prices May Soon Hit $4 a Gallon
UPI: Iran claims new oil field discovery
National Trust comes out against 'public menace' of wind farms
The National Trust is now "deeply sceptical" of wind power, its chairman said as he launched an outspoken attack on the "public menace" of turbines destroying the countryside.
TheRepublic: Texas company planning coal-to-gasoline plant in Carbon County pitches plan to lawmakers

ETFDaily: Gold Prices: Faster, Higher, Stronger?
Mineweb: Gold regains $1,720/oz on strong German economic data
Bloomberg: Speculators Lift Wagers to Highest Since September: Commodities
CommodityOnline: Zinc surplus to be highest since 1993 but shortage in 2013 may trigger rally

TheTennessean: Williamson man gets lesson on when it's bad to strike oil
TreeHugger: Peak People? Are we actually running out of our most valuable resource?

Population growth is a major concern; Andy Revkin has gone so far as to suggest that it, more than climate, is the story of our time. But do we have this backwards? Author Doug Saunders suggests that we might, in fact have the opposite problem. Like Peak Oil and Peak Food, there are a lot of us around, and the numbers being produced are still growing. But have we reached the top of a sort of Hubberts Curve of people?
SeattlePI: Serbia urges citizens to save power in big freeze
ExtinctionProtocol: 6.4 and 6.0 earthquakes strike near Japan and Solomon Islands
ClimateProgress: Arctic Sea Ice Update: Spectacular and Ominous - Has the melt season started in the Barents and Kara Seas two months earlier than normal?
Grist: Did fracking turn this squirrel purple?
BusinessWeek: EPA Sued by 11 States to Enforce Standards Limiting Soot
Bloomberg: BP’s Past Accidents Barred as Evidence at First Gulf Spill Trial
NPR: Fierce Winter Devastates Parts Of Europe

America in Decline
Cryptogon: Panorama: Poor America
 Highly recommended viewing.
WBIR: Illegal immigrants involved in fatal crashes may face higher bail
A Republican lawmaker wants higher bails set for illegal immigrants involved in serious injury or fatal crashes.
Alternet: "It's No Longer a Secure Place to Work": Working People Speak Out on Attacks on Public Employees 
- California's state deficit led to furloughs for already-crunched workers--two of them share their stories of how anti-worker propaganda causes real problems. 
RepublicReport: Xerox Successfully Lobbies for Veterans Department to Fire Veterans - One of the basic pay to play schemes we see in most states and in the Federal government involves the privatization of government services to third party contractors who then kick back money through campaigns or lobbyists for increased privatization. It’s a transfer of state power from the public, which elects the government, to private actors, who increasingly control the data, the hiring standards, and the purchasing decision of the Federal bureaucracy.
Salon; America’s billionaire-run democracy - The obstacles facing the millennial generation didn’t just happen. Take an economy skewed to the top, low wages and missing jobs, predatory interest rates on college loans: these are politically engineered consequences of government of, by and for the 1 percent.

Food and Water
CommodityOnline: India's rice procurement crosses 23 6 million tons
ETFDaily: Latin Drought Spreads To Brazil and Plays Havoc With Corn Prices

Internet and Online Privacy News  
Yahoo: Google offering to pay web users to track their every move 

Science and Technology
Cryptogon: Steve Jobs Had Top Secret Security Clearance Between from 1988 to 1990
MSNBC: Reddit bans sexual images of children, teens
CosmicLog: Iceland's monster unmasked
ArsTechnica: A Schrödinger cat with eight lives: quantum entanglement of eight photons - One of the most mind-blowing areas of quantum mechanics is entanglement: two or more particles separated in space can have physical properties that that are correlated.

Medical and Health
TechReview: Cancer Breath Test Enters Clinical Trials - A startup says its test can distinguish between subtypes of lung cancer.
LAT: The MD: What science says about working moms, and what the heart says
Bloomberg: Childhood Abuse Disrupts Brain Formation: Study - Childhood abuse leads to permanent changes in a seahorse-shaped area of the brain that can cause adult depression and drug abuse, Harvard researchers said in a study that raises the possibility of new treatment.
SafeCosmetics: Campaign for Safe Cosmetics : Hundreds of lipsticks contaminated with lead, reports new FDA study
MotherJones: Ron Paul vs. Birth Control - Last year, Republican presidential candidate Ron Paul introduced a bill in Congress that would allow states to ban contraception if they choose.
Paul's "We the People Act," which he introduced in 2004, 2005, 2009, and 2011, explicitly forbids federal courts and the Supreme Court of the United States from ruling on the constitutionality of a variety of state and local laws. That includes, among other things, "any claim based upon the right of privacy, including any such claim related to any issue of sexual practices, orientation, or reproduction." The bill would let states write laws forbidding abortion, the use of contraceptives, or consensual gay sex, for example.
MotherJones: The GOP Plan To Give Your Boss "Moral" Control Over Your Health Insurance

In their latest move in the battle over contraception coverage, top Republicans in Congress are going for broke: They're now pushing a bill that would allow employers and insurance companies to pick and choose which health benefits to provide based simply on executives' personal moral beliefs. Sen. Mitch McConnell (R-Ky.), the top GOPer in the Senate, has already endorsed the proposal, and it could come to a vote this week. The measure would make the religious exemptions to President Barack Obama's health care bill so large they'd swallow it whole.
If Republican leaders get their way and Blunt's bill becomes law, a boss who regarded overweight people and smokers with moral disgust could exclude coverage of obesity and tobacco screening from his employees' health plans. A Scientologist employer could deny its employees depression screening because Scientologists believe psychiatry is morally objectionable. A management team that thought HIV victims brought the disease upon themselves could excise HIV screening from its employees' insurance coverage. Your boss' personal prejudices, not science or medical expertise, would determine which procedures your insurance would cover for you and your kids.
TheChart: Patient's own stem cells help heal heart
MSNBC: Docs urge production of scarce cancer drug
Vitals: Flu season finally arrives, CDC reports

Doomsteading, Gardening, Urban Farming
ModernSurvivalBlog: One Passenger Quarantines International Flight
PreppingToSurvive: First Aid Refreshers, part 6: Sprains and Strains - It seems that at some point, just about everyone suffers from a soft tissue injury from either repetitive motion or maybe an accidental twist.

Other News
Jalopnik: Since 1997, A Man Has Been Digging Out His Basement Using Only R/C Scale-Model Construction EquipmentLAT: Digging for victims of California's 'Speed Freak' serial killers
Spiegel: Xi Jinping's US Visit: China's Next Leader Takes Center Stage - Xi Jinping, the future leader of China, will be in the international spotlight for the first time when he visits the White House on Tuesday.
USAToday: Recycling search yields papers of Josh Powell, missing wife
Forbes: The Mystery Monk Making Billions With 5-Hour Energy
Time: Same-Sex Marriage Boosted in Two States
NPR: A Brother And Sister Get Married (And Later, Their Son Tweets It)

CBSNews: Santorum no longer such a long shot
The Caucus: Santorum Is Tied With Romney in New Poll 
Krugman: Red Moochers - Aaron Carroll of The Incidental Economist and I have been emailing back and forth about the extent to which conservative states tend to be much more dependent on government support than liberal states, and Aaron has produced a nice chart. He takes the top ten most conservative and liberal states as ranked by Gallup, plots the conservative minus liberal score on the X-axis, and the ratio of transfers to personal income on the Y-axis: Those very conservative states with low reliance on transfers, by the way, are Nebraska, Wyoming, and Utah; they really are pretty self-reliant, but they also have very few people, so the overall conservative performance is dominated by bigger states that are simultaneously very conservative and very much dependent on the government safety net. And yes, I’m aware of Andrew Gelman’s work (pdf) showing that the big difference between red and blue states is how the relatively affluent vote. More on all that when I have time, which is to say, not today.
CNN: Opinion: Santorum's stone-age view of women

TinfoilPalace: Scientists Prove You Can Think Your Way To Wellness
TinfoilPalace: The shifting timeline and strange events thread
TheOilAge: The Expendable Project - The Sacrifice of Schapelle Corby 
TheOilAge: IBM launches new form of day-wage labor 
HubbertsArms: Lust makes you smarter and evidence that seven deadly sins are good for you 
SilentCountry: In the aftermath of the tsunami--rebuild already dwindling towns?
SilentCountry: There's No Tomorrow

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