Friday, May 18, 2012

Breaking News Fri. May 18, 2012

Well, sorry for the small post today, I've been visiting with family and having a wonderful time!
I hope that everyone has had a wonderful week and has a good weekend too.
see you all back here on Monday, unless I keep visiting that is! LOL
maybe have to take a 2 or 3 day mini vacation. I'll post something Monday.
take care everyone, and, get your prep on!

Much thanks to RJ at the Global Glass Onion and the Ozarker at Conflicted Doomer , and to Doug at 3Es News and David at ETF Daily.
I hope you will take time and go visit their excellent blogs and websites today.
Also, don't forget to stop by the forums linked at the bottom of the blog post!

Peak Oil and Energy News
Reuters: G8 to discuss range of oil market options: White House
FP: Canadian oil production may hit six million bpd by 2020: CIBC
Reuters: California & Texas summer power supplies tight - FERC
Grist: Peabody Coal pays U.S. taxpayers $1.11 per ton of coal, sells it to China for $123

Global Conflict
DrugPolicy: U.S. Drug Enforcement Administration Involved in Killings of Innocent Civilians During Drug Interdiction Operation in Honduras - Killings Scrutinized in Light of Growing Calls from Latin American Leaders for Alternatives to Drug Criminalization and Prohibition
Telegraph: US is ready to attack Iran, says ambassador
US plans for a possible military strike on Iran are ready and the option is "fully available", Washington's ambassador to Israel has said, days before Tehran resumes talks with world powers which suspect it of seeking to develop nuclear arms.

SeattleTimes: US, Russian soldiers train together in Colorado - The Russians are coming - in fact, they're already here - but it may not be what you think.
InfoWars: Spy Drone Almost Causes Mid Air Collision With Jet Over DenverMSNBC: Chinese netizens abuzz over reported boat hijackings by N. Korea

NYT: I.A.E.A. Director General to Visit Tehran

Reuters: Anti-war protest at Obama's Chicago campaign headquarters

Domestic Financial News
GlobeAndMail: HP weighing up to 30,000 job cuts: sources 
Businessweek: The Fiscal Cliff Will Drive the U.S. Into Recession
NYT: Bribery Case at Wal-Mart May Widen

Bottomline: JPMorgan's Dimon to testify before Senate panel
DetroitNews: Consumer comfort in U.S. declines to an almost 4-month low
JOC: Near-Sourcing Job Growth Expectations Overblown, Study Says
SeattleTimes: US unemployment aid applications stay at 370,000  - The number of people seeking U.S. unemployment benefits was unchanged last week, suggesting modest but steady gains in the job market.
DailyFinance: China's Economic Slowdown Foreshadows Trouble for the U.S.
ETFDaily: Frank Holmes: Sell In May and Go Away? Not This Year

Guardian: Ford, GM and BMW linked to illegal logging and slave labour in Brazil - Car makers source iron from Brazil that contributes to Amazon deforestation, says Greenpeace ahead of Rio+20

NYT: U.S. Slaps High Tariffs on Chinese Solar Panels
ETFDaily: John Williams: The Recovery Is An Illusion 
WSJ: Winners, Losers and the Road Not Taken to Facebook Wealth 

Reuters: Historic Facebook IPO marred by trading glitches
WashingtonPost: JPMorgan Chase hit with class-action lawsuit over $2B in trading losses
Minyanville: Will Brain Science Ever Explain Why Traders Make $2 Billion Mistakes?

DailyFinance: Are ETFs Really Necessary? Pros and Cons of the Investment Craze 
CNBC: JPMorgan Unit Has $100 Billion of Risky Bonds 

Global Financial News
WSJ: Defiant Message From Greece
GlobeAndMail: Moody’s downgrades 16 Spanish banks 
BusinessInsider: FITCH DOWNGRADES GREECE: Warns On Greek Exit Odds, Says Ratings Of The Rest Of The Eurozone Are At Risk

NYT: Softening, Merkel Says She Is Open to Stimulus for Greece
CNBC: Why the Selloff in Emerging Market Currencies Could Worsen
IBTimes: Global Losses From Greek Euro Zone Exit Could Reach €1 Trillion

MSNBC: World Bank on Greece crisis: Spain and Italy could be next
Telegraph: How would a euro collapse hit us in the pocket?
IBTimes: 29 Largest Banks May Need $566 Billion More For Basel III: Fitch

ETFDaily: 18 Signs That The Banking Crisis In Europe Has Just Gone From Bad To Worse Reuters: Europe thinks the unthinkable on Greece
Krugman: Apocalypse Fairly Soon

CreditWritedowns: Spain: Double Barrel Disappointment
Cryptogon: Spain’s Intelligence Services Investigating Role of British and American Media in Fomenting Financial Turmoil 

Telegraph: Euro austerity example Ireland 'may need second bailout' - Ireland, seen as the eurozone’s "poster child" for implementing austerity, could require a second bailout, economists warned. As households struggle to pay their mortgages, the country’s rescued banks may need €4bn (£3.2bn) more to cover losses on loans than was assumed in stress tests last year, said analysts at Deutsche Bank.

Mineweb: Gold must stay above US$1500 to sustain the gold industry - Holland

M 4.4, 273km ENE of Dili, East Timor
M 4.7, 91km S of Severo-Kuril'sk, Russia
ENENews: TV: U.S. now less prepared to deal with nuke disaster than before 3/11 (VIDEO) — Report: “Disregarding lessons of Fukushima Daiichi the NRC secretively issued a new rule”
Statesman: Emergency rules quietly eased around U.S. nuclear plants
MSNBC: Summer forecast: hot and dry -- with western wildfires

Telegraph: Britain colder than Arctic and Antarctic with just two weeks until summer
Britain is colder than winter as the country faces a late spring washout weekend - as it emerged parts of the Arctic and Antarctic are warmer than Britain.

ScienceDaily: Humanmade Pollutants May Be Driving Earth's Tropical Belt Expansion: May Impact Large-Scale Atmospheric Circulation
USNews: Hawaii first state to ban plastic bags at checkout

NatGeo: Bugs Help Measure Impact of New Transoceanic Highway on Amazon
LAT: Solar eclipse: Excitement builds as event nears
Inforum: Camper blamed for starting Colorado wildfire with camp stove

America in Decline
VancouverSun: U.S. Survey finds almost one in 10 former state inmates report being raped in prison 
MSNBC: Library opened by Mark Twain falls victim to austerity cuts
LONDON -- A British library opened more than a century ago by one of America’s greatest writers is being closed because of austerity budget cuts.
Kensal Rise public library, in north-west London, was unveiled in 1900 by Mark Twain while he was living in the city.
Reuters: Pennsylvania Supreme Court judge charged with corruption
DesdemonaDespair: Baby boomers’ money troubles: Worse than we thought

Food and Water
Vitals: Salmonella-linked sushi toll climbs to 316 in 26 statesLAT: Aid groups question Group of 8 plan to fight African hunger

Science and Technology
MSNBC: 200-year-old shipwreck found full of bottles, guns and plates
The copper-plated ship was located in the Gulf of Mexico in 4,000 feet of water
TechReview: When Gadgets Get under Your Skin

WSJ: NASA Stresses a New Mission
CSMonitor: Cybersecurity: How US utilities passed up chance to protect their networks
NewsDay: Verizon to nix grandfathered unlimited data plans

Medical and Health
NPR: Pennsylvania Doctors Worry Over Fracking 'Gag Rule'
A new law in Pennsylvania has doctors nervous.
The law grants physicians access to information about trade-secret chemicals used in natural gas drilling. Doctors say they need to know what's in those formulas in order to treat patients who may have been exposed to the chemicals.
But the new law also says that doctors can't tell anyone else — not even other doctors — what's in those formulas. It's being called the "doctor gag rule."
CNN: Georgia woman loses hands, remaining foot to flesh-eating bug
NYT: Doubt Cast on the 'Good' in 'Good Cholesterol'
Reuters: Georgia student with flesh-eating infection OKs more amputations

CBS: Ancient turtle was as big as small car 

Other News
MiamiHerald: Evidence is released in the Trayvon Martin homicide
MSNBC: This 93-year-old rocks the Downward Dog!
MSNBC: Court docs: Trayvon Martin shooting 'ultimately avoidable by Zimmerman'
Chron: Evidence mixed for Zimmerman's self-defense claim

WTFVOrlando: FBI seeks to charge George Zimmerman with hate crime
Time: New Trayvon Martin Evidence: 10 Things You Should Know
WSJ: Paper Plane Champ Watches His Record Fly, Fly Away

Weird-Mart: Tales of the Bizarre from the Walmart Aisles

WashingtonPost: Mitt and Ann Romney each give $75000 to Romney Victory Fund

TinfoilPalace: Russian Satellite Takes Most Detailed 121-Megapixel Image of Earth Yet
TinfoilPalace: How Horrific Will It Be For The Non-Prepper?

TheOilAge: Philly Fed plunges, first drop since Sept '11

TheOilage: Looking for a geiger counter?

HubbertsArms: Ex-PATRIOT Act: Will Banish Those Who Renounce US Citizenship!
HubbertsArms: RIP Donna Summers!

SilentCountry: JPMorgan Woes Signal Trouble for Banks, Market

SilentCountry: us judge blocks indefinite detention of Americans

DestinyCalls: Heaven & Hell nightclubs of 1890s Paris
DestinyCalls: Ure-after-Sheldrake World and The Science of Delusion

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