Friday, March 20, 2009

from Jenna Orkin:

US
Fed Kills Dollar with Aggressive Move
Fed Plans To Inject Another $1 Trillion to Aid Economy
Trillion is the New Billion
US Jobless Rolls Swell to Record 5.47 Million
China Backs Russia Talks on Replacing Dollar as Reserve Currency
Central Banks are Buying Gold for Their Reserves Now
Six Bloggers of the Apocalypse (Kunstler, Baker et al.)
Number of Babies Born in the US Reaches Record Levels
Roubini: America, One Big Ponzi Scheme
The Real AIG Scandal by Eliot Spitzer
Protesters Take Stance Against Bank Bailouts Outside Bank of America, Detroit
Oil Peaked in 2008
US Treasury Selects JP Morgan for US Debit Card Program
New Jobless Claims Fall More Than Expected to $646K
Protests Against Bank of America
In American Crisis: Anger and Guns (from Rice Farmer)
To Save Money on Prisons, States Take a Softer Stance
Smart Grid's Growth Now Depends on States
Philadelphia Area Factories Shrink as Slump Hits
Police Problems, Economic Woes Mount in Oakland
Drug Cartel Violence Has Political, Economic Roots
NYC's Ring of Steel (Security Cameras)
Preparing City for Life After Oil
Citi Asks Approval For Reverse Stock Split

Global
Rapid Decline in Manufacturing Spreads Global Anxiety
Global Trade Nosedive Likely to Cut Air Freighter Demand
Global Crisis to Strike by 2030 The key word is "by."

Europe
ECB Under Pressure to Follow Fed
Confusion Reigns Over Possible Eurozone Bailout Plan
Sarkozy Faces Protests in Strike on Economic Plan
France Braced for Huge Street Protests Over Economic Crisis
Record Numbers Join Anti-Sarkozy Protests
Latvia Uses Police to Quell Talk of Economic Collapse
European Industrial Output Plunges Most on Record
Iceland Cuts Key Rate to 17%; Signals More to Come
Greece's Karamanlis Says Country Doesn't Need Rescue
Economic Crisis Causes Cycle of Despair Among Roma (Gypsies)

Asia
World Bank Warns: China Cannot Make Up For Collapse in Western Demand
Russia, China, Preparing New Challenges to the US
India Needs More Stimulus, Rate Cuts for Economy, Mittal Says
Redrawing India's Geostrategic Maps with China and the US
And Now Drones for Balochistan?
Pakistanis Brace for Inferno Among Power Shortages
Expect Major Blackouts in October (Indonesia)
IEC Labor Sanctions May Lead to Power Shortages
Syria's Water and Energy Needs
Case Packed with TNT Found in Tibet Capital

Africa
Russia Calls for Restoration of Order in Madagascar
Madagascar's President Resigns as Rival Claims Power
Liberia Unrest
Nigerians to Protest Obasanjo's Lecture on Unrest in the Congo
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10 comments:

Scott said...

http://www.nytimes.com/2009/03/20/dining/20garden.html?ref=dining

8:59 AM
Anonymous said...

Volcanic Ash enriches topsoil, adding valuable nutrients from Mother Earth that helps restore topsoil for growing healthy food. It is released into the atmosphere during seimic events such as yesterday's undersea volcano eruption, and also helps reverse global warming. Following a large volcanic eruption, the sky may darken or turn red for a few days until rains wash this new ash blessing down from the skies. Until rains cleans the dust from the air, the fine stardust can seep through cracks in windows and doors. Covering one's mouth with a wet cloth or bandana, and open cracks with wet rags is beneficial for health and saftey. Damage to automobiles may occur from driving in dusty conditions.

It is ideal, if possible, to remain indoors and help those in need of assitance by sharing food and water.

Please believe that Your existence is infinite, regardless of Your Spiritual Belief System, and the Love is the Most Powerful Uniting Principle In the Universe!

~Rainbows, Love, and Light To All Our Relations~
~Sincerely~
~Mark~

http://its999time.com/

9:01 AM
businessman said...

I have to believe that all of this news coverage over the skiing death of actress Natasha Richardson is just being utilized as a distraction from all of the bad economic news we've been hearing about. She's an actress who's not very well known to everyone here in the USA, yet the media here are treating the story like she's as well known as Meryl Streep.

Larry King on his show asked a question similar to "Why have Americans been so profoundly impacted by this story?" And the answer to that I believe is simply "Because you guys in the media keep telling us about it."

Most people's opinion of what's true and what's important for them to know about in the world I believe comes from what the mainstream media is constantly telling them.

10:41 AM
Zhyppers said...

What the hell?! Are they TRYING to kill the economy?!

12:31 PM
edmund said...

Obamas plant White House Garden.

In the name of fighting obesity no less.

He's hearing us, folks. He's hearing us.

http://edition.cnn.com/2009/POLITICS/03/20/white.house.garden/index.html?eref=rss_topstories

6:15 PM
sunrnr said...

Jenna,

Is the pace radius of the world's death spiral decreasing at an alarming rate or are you just getting more proficient in pulling in and posting the dots?

Seems to me that hysteria and panic is starting to creep in to web articles and even main stream media more each day.

Seems also the predicted "summer of hell" will come to fruition soon.

namaste

9:49 PM
Velobwoy said...

Was the Bailout Itself a Scam?
A Program of Financial Concentration

http://www.globalresearch.ca/index.php?context=va&aid=12817

11:28 PM
Unknown said...

RE: Global Crisis to Strike by 2030

"My main concern is what will happen internationally, there will be food and water shortages," he said. "We're relatively fortunate in the UK; there may not be shortages here, but we can expect prices of food and energy to rise."

Professor Beddington is either delusional or, more likely, mouthing the comforting “Crisis Lite” rhetoric that has characterized mainstream warnings about the environment, the economy, the dangers of technology and the widening wealth gap. “We’re going to have serious trouble IN TWENTY YEARS if we do not act today. Of course, it won’t be too serious for us, here in the FIRST WORLD, but people who look different and live far away may have big trouble.”

People in Africa, South Asia, East Asia, Central Asia and Latin America have had big trouble for many decades. Starvation is not a threat looming in the distant future -- it has been going on all over the globe throughout the First World’s big blowout party. Lake Chad and the Aral Sea may not be in your neighborhood, but they are seriously decayed from their former grandeur. In Ecuador, a massive, deliberate oil dump has wasted a huge swath of formerly beautiful country, and still awaits Chevron taking up its legal obligation to restore the area. Maybe what happened in Biafra or Cambodia or Bhopal or Chernobyl or the Sahel or Eastern Congo has not made an impression on First World media victims, but CRISIS is a good nickname for the age I grew up in.

And yes, it’s getting worse. Those who expect to be spared because their countries have historically dominated the third world are in for a real shock. In some ways, the days to come may be easier on rural Latin America, which has long practice at living with ruthless authoritarianism, extreme poverty and limited infrastructure. British and American policy makers who really expect Our Way of Life to be minimally impacted are delusional to the point of being incompetent to lead.

Those who mouth these Lite warnings cynically, as deliberate disinformation, are dangerous criminals.

8:41 AM
Diaspora said...

Ready for some wonderfully frank journalistic honesty on our road to world wide ruin? Read Matt Taibbi’s ‘The Big Takeover’

“The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolution.

It's over — we're officially, royally f_ _ked. No empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far. It happened when Treasury Secretary Timothy Geithner was forced to admit that he was once again going to have to stuff billions of taxpayer dollars into a dying insurance giant called AIG, itself a profound symbol of our national decline — a corporation that got rich insuring the concrete and steel of American industry in the country's heyday, only to destroy itself chasing phantom fortunes at the Wall Street card tables, like a dissolute nobleman gambling away the family estate in the waning days of the British Empire.”

Article at: http://www.rollingstone.com/politics/story/26793903/the_big_takeover/

8:51 AM
Anonymous said...

On Monday the Chinese premier warned the USA they have to be honorable and not deflate China's investment in the USA. Ol helocoptor Ben Bernanke then decided to flip them the bird and create another trillion $'s on Thursday.

Is it any real suprise that on Friday the Chinese were working with the Russians to replace the US dollar as the world reserve currency?

The big US dollar dump is coming like a frieght train.

7:26 AM

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