February 15, 2009 -- Retirement is for people who are a). old, and b). who have a retirement income. I’m out on both counts. Forget lectures. Forget investigative journalism. That’s not what is needed now.
I need to eat and raise money to help more people quickly. I can’t give this away for free anymore. The shit is hitting the fan and it’s happening right now. China’s getting ready to revalue the Yuan. The China growth bubble is bursting. Latin America is arming to the teeth. The Obama Administration has begun beating the drums of war against Iran in a way that convinces me (finally and sadly) that it’s for real. Long hoped for revolts are taking place within the mainstream media as the truth of collapse becomes impossible to hide. And all who read this blog regularly are grasping the significance of the latest economic and political news.
Today I received a call from a great friend and brave investigative journalist who has moved on to other callings. He lives in New York City and he said that he was hearing reports all over town that CEO’s and CFO’s of corporations and non-profits were resigning in an apparently continuing stampede which began last week. (Jenna posted the original link here.) It is clear that the Greek debacle is breaking up the EU (as I predicted back in 2005) and that this has triggered the implosion of the derivatives bubble which I would still estimate at around $700 trillion. (A lot of new derivatives were created in 2009.) The dominoes are starting to fall. The rats are running for their solar-powered shelters.
War on an unimagined scale is only one of the certainties in front of us. Here is one possible scenario: Israel and the U.S. attack Iran. China immediately sides with Iran and begins short-selling dollars while unleashing a major cyber-attack that almost paralyzes the net and U.S. financial markets. (Not to mention cell phone service. Google was just a drill for China.) The first-ever war in space erupts as attacks are launched on communications and surveillance satellites by maybe six nations (including the EU) with those capabilities. Iran moves to shut the Straits of Hormuz. Venezuela sides with Iran. Oil spikes to $200 a barrel. A shooting war breaks out among all those navies fighting piracy near the Gulf of Aden. And the United States and Colombia launch an invasion of Venezuela. Somewhere, somehow nukes will be used.
"Two plus two equals four. Once that is granted, all else follows." -- H.G. Wells, "1984". All of this was on the map I made in “Crossing the Rubicon” and at FTW. I spelled all of this out over ten years. I was the voice crying in the wilderness, as were all who stood with me.
As of this minute I am available for speaking engagements or gatherings in homes to frankly discuss current events and scenarios. I’ll make my decisions based on schedule, who’s inviting, how close it is to my neighborhood, and how much they’re offering. L.A. and Southern California come first for me because I live here. I’ll speak frankly and clearly because there’s no time left for anything else.
A revolution is underway in every conceivable aspect of our lives. We need to help shape it. And we need to not get lost in the chaos that is waiting on our doorstep. Revolution is a quintessential act of self defense, inherent in all of nature.
Anyone interested can reach out to me either by contacting Jenna at the blog or by sending me a message on Facebook. Those of you who have my private contact information, feel free.
What the heck, as I’ve been told I’m only right about 80 percent of the time and have been for a decade. There's a record that proves it.
MCR
Monday, February 15, 2010
Mining industry warns of another energy price spike
From Jenna Orkin
Headlines
Welcome to the new era of sovereign risk.Read
Sovereign Default: Stuck Between Dire and Disastrous
Nuclear Proliferation Is This Year's Inconvenient Truth
As for next year's inconvenient truth:
Mining industry warns of another energy price spike
Shell could sell over $10 billion in assets
A Brief History of Pretty Much Everything
Europe
Global shift sees Europe oil refineries on the block
Wall Street Helped Cover Up Greek Debts, Fueling Crisis
Tactics like the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro, reports the New York Times.
Spain Begs Markets To Stop Comparing It To Greece
Spanish intelligence probing debt "attacks"-report
Wanna Bottom Feed Euro Distress? Buy Portugal
PIGS Will Feast At Bailout Trough How Governments Hide Their Liabilities
What Exactly Is the Real Level of Government Debt in Europe?
Europe's Four Little PIGS: A Greek Tragedy
Weber Clear Frontrunner to Succeed Trichet as ECB President, Survey Shows
Goldman Is About To Be Blacklisted And Possibly Banned In Europe
Germans say euro zone may have to expel Greece: poll
US
Wall Street Is A High-On-Crack Driver That Just Smashed Into Your House
Cities Freaking Out Over The Fact That Government Housing Intervention Might End One Day President Obama Says US Must Tighten Economic Belt
Goldman: Here's Five Trends That Guarantee A Weak Recovery
Stick a Fork In It, the Dollar Is Done - Vantage Point
Volcker Says Must Let Big Financial Firms Fail
Citi: Markets Panicking Again
U.S. schools face severe budget holes
Gov. Paterson: Somebody is after me
World/Military
`Something's Brewing' on China Yuan Increase, Goldman Sachs's O'Neill Says
If We're Japan, Then The Selloff Starts NOW
Investor Stephen Jarislowsky `Convinced' That Canada Has a Housing Bubble
Why Israel gets a hard time in Brussels
Shipping Costs Rise 32% in Survey as 55 Boats Wait for Coal From Newcastle
India's Bharti Confirms $10.7 Billion Bid for Africa Assets
Civilians killed as Operation Moshtarak tightens screw
Fierce battles mark third day of Nato assault on Marjah / Rocket system suspended as inquiry launched into accident
Joya condemns 'ridiculous' military strategy
Intelligence/Technology
Former US Officials in Cyberattack Simulation
"Three years ago, the BPC and Securing America's Future Energy (SAFE) staged another simulation, "Oil ShockWave," which examined US dependence on foreign oil as a national security threat.
WARNING: Google Buzz Has A Huge Privacy Flaw
Public Interest Environmental Law Conference
Friday February 26, 9 am
Beyond Growth: Peaked oil, climate chaos, steady state economics (Law 281)Peak oil and climate chaos must be addressed together to mitigate either. Reducing carbon emissions by 2050 is a subtle way to acknowledge peak oil. Depletion will force this reduction because we cannot burn fuel that does not exist. So far, economic contraction has done more to reduce greenhouse gases emissions than political promises. We are past the limits of exponential growth on a finite planet. Steady state economics holds the promise of a truly sustainable society after fossil fuels.
Mark Robinowitz, author, Peak Oil Wars and Global Permaculture Solutions
Rob Dietz, Executive Director, Center for the Advancement of the Steady State Economy
Clay Callaghan, Ph.D. candidate, Sociology, University of Oregon; sustainable living scholar
Erik Silverberg, writer and videographer
Headlines
Welcome to the new era of sovereign risk.Read
Sovereign Default: Stuck Between Dire and Disastrous
Nuclear Proliferation Is This Year's Inconvenient Truth
As for next year's inconvenient truth:
Mining industry warns of another energy price spike
Shell could sell over $10 billion in assets
A Brief History of Pretty Much Everything
Europe
Global shift sees Europe oil refineries on the block
Wall Street Helped Cover Up Greek Debts, Fueling Crisis
Tactics like the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro, reports the New York Times.
Spain Begs Markets To Stop Comparing It To Greece
Spanish intelligence probing debt "attacks"-report
Wanna Bottom Feed Euro Distress? Buy Portugal
PIGS Will Feast At Bailout Trough How Governments Hide Their Liabilities
What Exactly Is the Real Level of Government Debt in Europe?
Europe's Four Little PIGS: A Greek Tragedy
Weber Clear Frontrunner to Succeed Trichet as ECB President, Survey Shows
Goldman Is About To Be Blacklisted And Possibly Banned In Europe
Germans say euro zone may have to expel Greece: poll
US
Wall Street Is A High-On-Crack Driver That Just Smashed Into Your House
Cities Freaking Out Over The Fact That Government Housing Intervention Might End One Day President Obama Says US Must Tighten Economic Belt
Goldman: Here's Five Trends That Guarantee A Weak Recovery
Stick a Fork In It, the Dollar Is Done - Vantage Point
Volcker Says Must Let Big Financial Firms Fail
Citi: Markets Panicking Again
U.S. schools face severe budget holes
Gov. Paterson: Somebody is after me
World/Military
`Something's Brewing' on China Yuan Increase, Goldman Sachs's O'Neill Says
If We're Japan, Then The Selloff Starts NOW
Investor Stephen Jarislowsky `Convinced' That Canada Has a Housing Bubble
Why Israel gets a hard time in Brussels
Shipping Costs Rise 32% in Survey as 55 Boats Wait for Coal From Newcastle
India's Bharti Confirms $10.7 Billion Bid for Africa Assets
Civilians killed as Operation Moshtarak tightens screw
Fierce battles mark third day of Nato assault on Marjah / Rocket system suspended as inquiry launched into accident
Joya condemns 'ridiculous' military strategy
Intelligence/Technology
Former US Officials in Cyberattack Simulation
"Three years ago, the BPC and Securing America's Future Energy (SAFE) staged another simulation, "Oil ShockWave," which examined US dependence on foreign oil as a national security threat.
WARNING: Google Buzz Has A Huge Privacy Flaw
Public Interest Environmental Law Conference
Friday February 26, 9 am
Beyond Growth: Peaked oil, climate chaos, steady state economics (Law 281)Peak oil and climate chaos must be addressed together to mitigate either. Reducing carbon emissions by 2050 is a subtle way to acknowledge peak oil. Depletion will force this reduction because we cannot burn fuel that does not exist. So far, economic contraction has done more to reduce greenhouse gases emissions than political promises. We are past the limits of exponential growth on a finite planet. Steady state economics holds the promise of a truly sustainable society after fossil fuels.
Mark Robinowitz, author, Peak Oil Wars and Global Permaculture Solutions
Rob Dietz, Executive Director, Center for the Advancement of the Steady State Economy
Clay Callaghan, Ph.D. candidate, Sociology, University of Oregon; sustainable living scholar
Erik Silverberg, writer and videographer
Saturday, February 13, 2010
Attack in India; Biggest Operation Ever in Afghanistan; Feud in Falklands; Israel Accused of Covert War
From Jenna Orkin
Headlines
A Greek Crisis Is Coming To America
Eight die in India's first big attack since Mumbai
Helicopter armada heralds Afghan surge
Biggest operation ever mounted in Afghanistan.
We are not being told the whole truth about torture
"I’ve seen the papers you are not allowed to see."
Israel is accused of waging covert war
Argentina Detains Vessel, Stirring Feud Over Falkland Islands
Economy
Even Private Banks Without Sovereign Bond Exposure Would Be Crushed By Funding Costs
Everything You Need To Know About Sovereign Debt Credit Default Swaps In 90 Seconds
In Budget to target rich Chancellor indicates that wealthy will have to bear cost of deficit.
Euro's woes escalate
Treasuries Tumble Amid $81 Billion Sale, Europe's Pledge to Support Greece
Warren Mosler: The Obvious Answer To The Problem Is "Print Money"
Inflation Targeting Madness and Economically Illiterate Fools at the IMF
EU Tries Paulson's Bazooka Ploy; Bazooka Theory vs. Historical Results
Bernanke to Boost Interest Rate Only When Economy Recovers
Is Vladimir Putin About To Undermine The EU With A Big Greek Bailout?
Marc Faber, Hugh Hendry, And Nassim Taleb Go At It In Russia
Shorter working week for a 'sustainable future' UK
Expats' exodus as Brits give up on la dolce vita
For many, the weak pound, rising costs and a scarcity of work have soured the dream of a better life in Europe
Year of the Tiger (Tumult)
China January Power Use Gains 40% as Economy Recovers
Hugh Hendry: Here Are Four Reasons China Will Start Sucking Wind
Beijing Seen Vacant for 50% of Commercial Space as Chanos Predicts a Crash
Terrorism/Intelligence
New Extension Likely for Key Patriot Act Provisions
Armed Robot Drones
Chip and pin system 'should be overhauled' To Protect Bank Customers - UK
South Carolina: Subversive Activites Registration Act
Feds Push for Tracking Cell Phone Calls
Boise Pays Off in Bum Taser Case
Primary School Students Banned from Sending Valentines "So They Don't Get Upset When They Get Dumped"
Environment/Science/Resources
Industry taskforce warns UK over 'Peak Oil' scenario
Obama To Announce Nuke Plant Loan
Fabricated quote used to discredit climate scientist
Indigenous group kicks out oil company Indigenous groups, post-Copenhagen
Native groups trade insights based on their traditional knowledge to combat climate change Snow in Every State But Hawaii
Our other addiction: the tricky geopolitics of nitrogen fertilizer
Cold realities of the wind farms that won't work when it snows
USDA sharpens rules for organic milk, meat
Prepare to Pay More for Poultry: Chicken Farms Crushed by Snow
Mumps Outbreak at New York Area Jewish Schools Expands to 1,521 Children
This, despite the fact that it's a highly vaccinated population.
And...
Police Discover A Marijuana Farm Inside UK Bank NatWest
Headlines
A Greek Crisis Is Coming To America
Eight die in India's first big attack since Mumbai
Helicopter armada heralds Afghan surge
Biggest operation ever mounted in Afghanistan.
We are not being told the whole truth about torture
"I’ve seen the papers you are not allowed to see."
Israel is accused of waging covert war
Argentina Detains Vessel, Stirring Feud Over Falkland Islands
Economy
Even Private Banks Without Sovereign Bond Exposure Would Be Crushed By Funding Costs
Everything You Need To Know About Sovereign Debt Credit Default Swaps In 90 Seconds
In Budget to target rich Chancellor indicates that wealthy will have to bear cost of deficit.
Euro's woes escalate
Treasuries Tumble Amid $81 Billion Sale, Europe's Pledge to Support Greece
Warren Mosler: The Obvious Answer To The Problem Is "Print Money"
Inflation Targeting Madness and Economically Illiterate Fools at the IMF
EU Tries Paulson's Bazooka Ploy; Bazooka Theory vs. Historical Results
Bernanke to Boost Interest Rate Only When Economy Recovers
Is Vladimir Putin About To Undermine The EU With A Big Greek Bailout?
Marc Faber, Hugh Hendry, And Nassim Taleb Go At It In Russia
Shorter working week for a 'sustainable future' UK
Expats' exodus as Brits give up on la dolce vita
For many, the weak pound, rising costs and a scarcity of work have soured the dream of a better life in Europe
Year of the Tiger (Tumult)
China January Power Use Gains 40% as Economy Recovers
Hugh Hendry: Here Are Four Reasons China Will Start Sucking Wind
Beijing Seen Vacant for 50% of Commercial Space as Chanos Predicts a Crash
Terrorism/Intelligence
New Extension Likely for Key Patriot Act Provisions
Armed Robot Drones
Chip and pin system 'should be overhauled' To Protect Bank Customers - UK
South Carolina: Subversive Activites Registration Act
Feds Push for Tracking Cell Phone Calls
Boise Pays Off in Bum Taser Case
Primary School Students Banned from Sending Valentines "So They Don't Get Upset When They Get Dumped"
Environment/Science/Resources
Industry taskforce warns UK over 'Peak Oil' scenario
Obama To Announce Nuke Plant Loan
Fabricated quote used to discredit climate scientist
Indigenous group kicks out oil company Indigenous groups, post-Copenhagen
Native groups trade insights based on their traditional knowledge to combat climate change Snow in Every State But Hawaii
Our other addiction: the tricky geopolitics of nitrogen fertilizer
Cold realities of the wind farms that won't work when it snows
USDA sharpens rules for organic milk, meat
Prepare to Pay More for Poultry: Chicken Farms Crushed by Snow
Mumps Outbreak at New York Area Jewish Schools Expands to 1,521 Children
This, despite the fact that it's a highly vaccinated population.
And...
Police Discover A Marijuana Farm Inside UK Bank NatWest
Friday, February 12, 2010
Dow Plummets 130 Points On Open, Get Ready To Break 10,000
From Jenna Orkin
Quote of the day:
“Germany [and France] face a Hobson’s Choice: if loan guarantees for Greece turn into a slippery slope towards implicit support for the whole of the ‘Club O’ Med’ (Portugal, Spain, Ireland, and Italy), EU creditors could be tainted by contingent liabilities worth trillions. Yet failure to reach a deal risks a sovereign version of the Lehman crisis.
No wonder then that Germany and France are diving into the water to rescue the drowning Greeks. But did you ever see how a drowning man treats a lifeguard? The lifeguard dives into the water and speeds toward the drowning man. Once the lifeguard arrives, however, the drowning man, in an effort to keep his own head above water, grabs hold of the lifeguard and plunges him under the water."
Headlines
Credit Suisse: THIS Is the Real List Of Countries Verging On A Sovereign Crisis (And Yes The US Is On It)
PLOT THICKENS IN THE BATTLE OF 'THE PLUNGE'
Barclays: The Baby Boomer Tidal Wave Will Annihilate Government Bonds, Starting Now SocGen: How The World's Central Bankers Are About To Make The Next Huge Policy Blunder Dubai CDS spreads blow up
Europe
Will markets call EU bluff on Greek rescue?
Greece Will Survive Today, But The Real Story Is The PIIGS Collapse To Come
German halt, Italian reverse hit euro zone recovery
Economic Recovery in Europe Unexpectedly Wilts After Stagnation in Germany
Greece could bring euroland to its knees
Is "Moral Support" a Plan?
Greece Just Signed Its National Suicide Pact
Wow! The Greek Bailout Really Is Euro-TARP!
Interest rate warning
UK bond rates to double as aging population weighs on economy.
BT's £9bn pension deficit
Americas
Dow Plummets 130 Points On Open, Get Ready To Break 10,000
Corporate Bond Yields Offer Hint Party Is Over
Governor Christie Declares "New Jersey on Edge of Bankruptcy"
NJ governor declares fiscal emergency as deficit soars
Just six families helped by government Mortgage Rescue Scheme
End of Suburbia?
As the nation's home builders try to claw their way out of the biggest abyss in the sector's history, the future landscape is beginning to look a bit different than they once thought.
Can farming save Detroit? (from Rice Farmer)
Robin Hood tax vote 'rigged'
Goldman faces claims its computer was used to rig vote on bank tax.
Ex-Goldman programmer indicted over HFT code theft
Virginia delegates pass bill banning chip implants as ‘mark of the beast’ (from Rice Farmer)
Sealing Shift, Chávez Gives Contracts to Western Oil Companies
Haiti
Begging Haiti for forgiveness
Naomi Klein: Haiti as a debtor? We in the west should pay arrears for years of violations
NYT: Missionaries’ aide eyed in trafficking ring
Cash for Haiti Could Undermine Rebuilding Effort
Law of unintended consequences or more propaganda to discourage aid? - JO
Asia
Beijing Seen Vacant for 50% of Commercial Space as Chanos Predicts a Crash
The 700 Military Bases of Afghanistan (from Vantage Point)
Resources/Technology/Science
The Latest on the Ethanol Scam: US Ethanol Industry’s Grain Consumption in 2009 Was Enough to Feed 330 Million People (from Rice Farmer)
Pentagon quietly waging war on climate change
Mud Volcano Was Man-Made, New Evidence Confirms
Antibiotics Breed Superbugs Faster Than Expected
Dark matter 'seen for first time'
Gold
Secret Gold Policy
And...
Rice Paddy Art
But how does it taste?
Quote of the day:
“Germany [and France] face a Hobson’s Choice: if loan guarantees for Greece turn into a slippery slope towards implicit support for the whole of the ‘Club O’ Med’ (Portugal, Spain, Ireland, and Italy), EU creditors could be tainted by contingent liabilities worth trillions. Yet failure to reach a deal risks a sovereign version of the Lehman crisis.
No wonder then that Germany and France are diving into the water to rescue the drowning Greeks. But did you ever see how a drowning man treats a lifeguard? The lifeguard dives into the water and speeds toward the drowning man. Once the lifeguard arrives, however, the drowning man, in an effort to keep his own head above water, grabs hold of the lifeguard and plunges him under the water."
Headlines
Credit Suisse: THIS Is the Real List Of Countries Verging On A Sovereign Crisis (And Yes The US Is On It)
PLOT THICKENS IN THE BATTLE OF 'THE PLUNGE'
Barclays: The Baby Boomer Tidal Wave Will Annihilate Government Bonds, Starting Now SocGen: How The World's Central Bankers Are About To Make The Next Huge Policy Blunder Dubai CDS spreads blow up
Europe
Will markets call EU bluff on Greek rescue?
Greece Will Survive Today, But The Real Story Is The PIIGS Collapse To Come
German halt, Italian reverse hit euro zone recovery
Economic Recovery in Europe Unexpectedly Wilts After Stagnation in Germany
Greece could bring euroland to its knees
Is "Moral Support" a Plan?
Greece Just Signed Its National Suicide Pact
Wow! The Greek Bailout Really Is Euro-TARP!
Interest rate warning
UK bond rates to double as aging population weighs on economy.
BT's £9bn pension deficit
Americas
Dow Plummets 130 Points On Open, Get Ready To Break 10,000
Corporate Bond Yields Offer Hint Party Is Over
Governor Christie Declares "New Jersey on Edge of Bankruptcy"
NJ governor declares fiscal emergency as deficit soars
Just six families helped by government Mortgage Rescue Scheme
End of Suburbia?
As the nation's home builders try to claw their way out of the biggest abyss in the sector's history, the future landscape is beginning to look a bit different than they once thought.
Can farming save Detroit? (from Rice Farmer)
Robin Hood tax vote 'rigged'
Goldman faces claims its computer was used to rig vote on bank tax.
Ex-Goldman programmer indicted over HFT code theft
Virginia delegates pass bill banning chip implants as ‘mark of the beast’ (from Rice Farmer)
Sealing Shift, Chávez Gives Contracts to Western Oil Companies
Haiti
Begging Haiti for forgiveness
Naomi Klein: Haiti as a debtor? We in the west should pay arrears for years of violations
NYT: Missionaries’ aide eyed in trafficking ring
Cash for Haiti Could Undermine Rebuilding Effort
Law of unintended consequences or more propaganda to discourage aid? - JO
Asia
Beijing Seen Vacant for 50% of Commercial Space as Chanos Predicts a Crash
The 700 Military Bases of Afghanistan (from Vantage Point)
Resources/Technology/Science
The Latest on the Ethanol Scam: US Ethanol Industry’s Grain Consumption in 2009 Was Enough to Feed 330 Million People (from Rice Farmer)
Pentagon quietly waging war on climate change
Mud Volcano Was Man-Made, New Evidence Confirms
Antibiotics Breed Superbugs Faster Than Expected
Dark matter 'seen for first time'
Gold
Secret Gold Policy
And...
Rice Paddy Art
But how does it taste?
Thursday, February 11, 2010
US< Europe Will All Default on Their Debt; Osama's Son Warns Worse May Be Coming
From Jenna Orkin
Headlines
EXCLUSIVE: Osama's Son Warns Worse May Be Coming
Euro PLUMMETING On Bailout Confirmation
US, Europe Will All Default On Their Debt: Marc Faber
CNBC Anchors Freak Out After Marc Faber Says US Will Default (from Rice Farmer)
TARP Watchdog: Don't Be Fooled By The Calm, Banks Will Be Rocked By 2011's $300 Billion Commercial Real Estate Time Bomb
Niall Ferguson Safe haven? US debt is about as much of a safe haven today as Pearl Harbor was in 1941
Cyber War Game: US To Be Hit By Massive Cyber Attack on February 16 (from Jon Noel) Hackers declare cyber war on Australia
Empty Office Buildings Threaten Economy
European Economic Ripple Hits South Korea As Germans Push Delay Of Massive Ship Orders
Peak Oil
Oil exploration costs rocket as risks rise
IEA raises global oil demand forecast
Colombian gas exports to Venezuela collapse in January
2 US Firms Wash Hands of Tar Sands
Peak oil warnings turn up in the strangest places
WSJ: Next Crisis, Prepare for Peak Oil (from Jon Noel)How To Deal With Peak Oil
Peak Oil Solution: The Simmons Plan - Forbes.com
Know Thine Enemy: New Invention Using Spent Nuclear Fuel Rods Could Unlock U.S. Oil Reserves Three Times Larger Than Saudi Arabia's
Economy
Roubini: The Greece Bailout Isn't Enough, Ultimately Europe Is So Screwed That It Will Need The IMF (from Rice Farmer)
Look who will get slammed in a Greek collapse
Morgan Stanley: Here's proof that debtflation is coming
Depression 2010 - Western Fiat-Money Finished? (from Rice Farmer)
Foreclosures Plummet In January, But Another Surge Could Be Right Around The Corner
The Dumping Begins: Chinese Reserve Managers Notified That Any Non-USG Guaranteed Securities Must Be Divested (from Rice Farmer)
U.S. Stocks Drop as Europe's Plan to Address Greece Crisis Lacks Specifics
Obama Says He's `Fierce' Advocate of Business, Rejecting Corporate Critics
Jobless Suffer as U.S. Corporate Cash Hoard Climbs 78% to $1.19 Trillion
Jobless Claims in U.S. Decline More Than Forecast as Recovery Cuts Firings
Citigroup Plans "Crisis Derivatives"
Housing Headed For Another Leg Down; Stabilization Misunderstood
The Housing Market Is A Battle Between Housing Fundamentals And Government
Bachmann: 'Wean Everybody Off' Social Security And Medicare (from Rice Farmer)
Intervention, And Fundamentals Are Winning Again
Soros: Globalize Regulation Or Lose Global Markets
Spreading blight of ghost town UK
Retire at 68? Three-quarters of us will be too ill to work
Report claims nation's health is so poor that bid to raise retirement age could be stopped dead in its tracks.
Vietnamese Hoarding U.S. Dollars As Dong Crashes Post-Emergency Devaluation
Dow to Dip Near 8300-8400 Soon: Chief Investor
Here Is Exactly How Warren Buffett's Chinese Auto Company BYD Copied Competitor Designs Piece By Piece
Drugs
Valium 'works like heroin'
The Failed War on Drugs in Latin America
Could Decriminalization Be the Answer?
'The Military Is Not Suited to Pursue Criminals'
Yemen/War/Intelligence
MI5 facing crisis of credibility
Court ruling shatters spies' culture of secrecy
Read the secret torture evidence
Scramble for the Island of Bliss - Socotra
What Does the US Really Face in Yemen?
Yemen to Let US Set Up Airbase On Its Soil
!n 2009, Russia Was To Establish Base in Socotra
Ex-Texas congressman Charlie Wilson dies
Environment
Amazon River Water Being Stolen and Bottled Abroad (from Rice Farmer)
Spring arriving 11 days early
Who Says This Blog Is a Downer?
Lap Dancing Stripppers Help Clothe Haitians With Fund Raiser
Headlines
EXCLUSIVE: Osama's Son Warns Worse May Be Coming
Euro PLUMMETING On Bailout Confirmation
US, Europe Will All Default On Their Debt: Marc Faber
CNBC Anchors Freak Out After Marc Faber Says US Will Default (from Rice Farmer)
TARP Watchdog: Don't Be Fooled By The Calm, Banks Will Be Rocked By 2011's $300 Billion Commercial Real Estate Time Bomb
Niall Ferguson Safe haven? US debt is about as much of a safe haven today as Pearl Harbor was in 1941
Cyber War Game: US To Be Hit By Massive Cyber Attack on February 16 (from Jon Noel) Hackers declare cyber war on Australia
Empty Office Buildings Threaten Economy
European Economic Ripple Hits South Korea As Germans Push Delay Of Massive Ship Orders
Peak Oil
Oil exploration costs rocket as risks rise
IEA raises global oil demand forecast
Colombian gas exports to Venezuela collapse in January
2 US Firms Wash Hands of Tar Sands
Peak oil warnings turn up in the strangest places
WSJ: Next Crisis, Prepare for Peak Oil (from Jon Noel)How To Deal With Peak Oil
Peak Oil Solution: The Simmons Plan - Forbes.com
Know Thine Enemy: New Invention Using Spent Nuclear Fuel Rods Could Unlock U.S. Oil Reserves Three Times Larger Than Saudi Arabia's
Economy
Roubini: The Greece Bailout Isn't Enough, Ultimately Europe Is So Screwed That It Will Need The IMF (from Rice Farmer)
Look who will get slammed in a Greek collapse
Morgan Stanley: Here's proof that debtflation is coming
Depression 2010 - Western Fiat-Money Finished? (from Rice Farmer)
Foreclosures Plummet In January, But Another Surge Could Be Right Around The Corner
The Dumping Begins: Chinese Reserve Managers Notified That Any Non-USG Guaranteed Securities Must Be Divested (from Rice Farmer)
U.S. Stocks Drop as Europe's Plan to Address Greece Crisis Lacks Specifics
Obama Says He's `Fierce' Advocate of Business, Rejecting Corporate Critics
Jobless Suffer as U.S. Corporate Cash Hoard Climbs 78% to $1.19 Trillion
Jobless Claims in U.S. Decline More Than Forecast as Recovery Cuts Firings
Citigroup Plans "Crisis Derivatives"
Housing Headed For Another Leg Down; Stabilization Misunderstood
The Housing Market Is A Battle Between Housing Fundamentals And Government
Bachmann: 'Wean Everybody Off' Social Security And Medicare (from Rice Farmer)
Intervention, And Fundamentals Are Winning Again
Soros: Globalize Regulation Or Lose Global Markets
Spreading blight of ghost town UK
Retire at 68? Three-quarters of us will be too ill to work
Report claims nation's health is so poor that bid to raise retirement age could be stopped dead in its tracks.
Vietnamese Hoarding U.S. Dollars As Dong Crashes Post-Emergency Devaluation
Dow to Dip Near 8300-8400 Soon: Chief Investor
Here Is Exactly How Warren Buffett's Chinese Auto Company BYD Copied Competitor Designs Piece By Piece
Drugs
Valium 'works like heroin'
The Failed War on Drugs in Latin America
Could Decriminalization Be the Answer?
'The Military Is Not Suited to Pursue Criminals'
Yemen/War/Intelligence
MI5 facing crisis of credibility
Court ruling shatters spies' culture of secrecy
Read the secret torture evidence
Scramble for the Island of Bliss - Socotra
What Does the US Really Face in Yemen?
Yemen to Let US Set Up Airbase On Its Soil
!n 2009, Russia Was To Establish Base in Socotra
Ex-Texas congressman Charlie Wilson dies
Environment
Amazon River Water Being Stolen and Bottled Abroad (from Rice Farmer)
Spring arriving 11 days early
Who Says This Blog Is a Downer?
Lap Dancing Stripppers Help Clothe Haitians With Fund Raiser
Wednesday, February 10, 2010
Snake Has Own Tail By Balls; Rats Jump Ship
From Jenna Orkin
US
Meet The 15 Loan Sharks Who Have America By The Balls
"And see why they're tempted to squeeze."
Chinese leaders threaten to sell US debt as punishment for Taiwan arms sale
Bush's deficits will be dwarfed by what Obama has in mind
Okay, Here Is Our Exit Strategy
By Ben Bernanke
After Bernanke's Comments, The Bears Come Out To Play
One in Five US Mortgages 'Underwater' in Q4: Report
Cut My R&D Taxes And Let Me Hire Foreigners, Or Else Our Economy Is Doomed To Suck Forever Where's The Pork? 10 Politicians Who Can't Bring Home Squat For Their Districts
Nevada Goes Nuts, Cutting Spending On Education, Adult Care, Hearing Aids, Speech Therapy Nev. Medicaid cuts could bring diaper rationing
Stiglitz: The US And UK Should Keep Printing And Spending, As There's No Chance Of Default
Poll: Obama, Economy Doubts Boost GOP
Buffett Has Greater Appreciation for Bush From Crisis
George W. Bush billboard anonymously erected in Minnesota
Sly, jazzy picture of W accompanied by the words, "Miss me yet?" Hail to chief Sarah and the death of feminism (assuming we're around to mourn.) - JO
New Wind Farms in the U.S. Have Not Led to Jobs
PUNCH: Wall Street Bonuses Obama Once Called 'Obscene' Now He Doesn't Begrudge
Secret Summit of Top Bankers (from Rice Farmer)
Rats Jump Ship (from Lisa)
In addition to the UK's financial manager:
50 Unexpected CEO/CFO Resignations in Last Few Weeks
Scroll way down. I can't vouch for this website in general, not having studied it, but the following links are substantive:
Sants quits as chief executive of the FSA
Zain CEO Resigns Sun's CEO Tweets Haiku Good-bye
RBS Exodus: 1000 Bankers Quit
AIG CEO Plane Lending Unit resigns Housing development agency official resigns
Under Armor VP Resigns
VP of Center Bankcorp resigns
Cadbury CEO and CGO resign
Speedo president resigns
Head of Rhode Island Department of Administration and Revenue resigns
Mayor resigns Intermap CFO resigns
Faber Says U.S. Treasuries Are Junk
Small Businesses Owners' Association Slams Obama's Stimulus Efforts, Cites Weak Demand and Poor Sales
Who Says This Blog Is a Downer?
New Trend: It's OK To Have Sex With Your Co-Workers
Europe
Forget Greece, The Coming Surge Of Right-Wingers Will Pose The Real Threat To The Euro
Spanish Prime Minister: We're The Victim of A Free Market Conspiracy To Make The Socialist Euro System Look Like A Failure
Here's The REAL Reason Germany Is So Hesitant About Bailing Out Greece
TARP 2.0: German Parliament Trying To Stop The Greece Bailout
Moscow says U.S. missile shield aimed at Russia
EU President's secret bid for economic power
World
PIMCO Goes Short The Entire Developed World
Activists take down Australian government websites
"Attacks are believed to be in protest against Australia's impending Internet filtering legislation and the Classification Board's decision to ban the sale of porn films in Australia which shows small-breasted women."
The world is collapsing but first, a trip to the loony bin. - JO
Businesses could quit China
'War on Terror' to last as long as Cold War
Love the quotation marks.
Haiti PM: rebuilding could take 10 years
Haiti secure after quake, but escapees a concern: U.N.
Escapees not from Haiti but from prison. UN/US needed to take charge.
Chinese farms 'worse than factories'
Quote of the day:
"The First Amendment certainly protects the right to lie."
And...
Priest Checks Fingerprints for Mass Attendance
Have always preferred bribery, myself.
US
Meet The 15 Loan Sharks Who Have America By The Balls
"And see why they're tempted to squeeze."
Chinese leaders threaten to sell US debt as punishment for Taiwan arms sale
Bush's deficits will be dwarfed by what Obama has in mind
Okay, Here Is Our Exit Strategy
By Ben Bernanke
After Bernanke's Comments, The Bears Come Out To Play
One in Five US Mortgages 'Underwater' in Q4: Report
Cut My R&D Taxes And Let Me Hire Foreigners, Or Else Our Economy Is Doomed To Suck Forever Where's The Pork? 10 Politicians Who Can't Bring Home Squat For Their Districts
Nevada Goes Nuts, Cutting Spending On Education, Adult Care, Hearing Aids, Speech Therapy Nev. Medicaid cuts could bring diaper rationing
Stiglitz: The US And UK Should Keep Printing And Spending, As There's No Chance Of Default
Poll: Obama, Economy Doubts Boost GOP
Buffett Has Greater Appreciation for Bush From Crisis
George W. Bush billboard anonymously erected in Minnesota
Sly, jazzy picture of W accompanied by the words, "Miss me yet?" Hail to chief Sarah and the death of feminism (assuming we're around to mourn.) - JO
New Wind Farms in the U.S. Have Not Led to Jobs
PUNCH: Wall Street Bonuses Obama Once Called 'Obscene' Now He Doesn't Begrudge
Secret Summit of Top Bankers (from Rice Farmer)
Rats Jump Ship (from Lisa)
In addition to the UK's financial manager:
50 Unexpected CEO/CFO Resignations in Last Few Weeks
Scroll way down. I can't vouch for this website in general, not having studied it, but the following links are substantive:
Sants quits as chief executive of the FSA
Zain CEO Resigns Sun's CEO Tweets Haiku Good-bye
RBS Exodus: 1000 Bankers Quit
AIG CEO Plane Lending Unit resigns Housing development agency official resigns
Under Armor VP Resigns
VP of Center Bankcorp resigns
Cadbury CEO and CGO resign
Speedo president resigns
Head of Rhode Island Department of Administration and Revenue resigns
Mayor resigns Intermap CFO resigns
Faber Says U.S. Treasuries Are Junk
Small Businesses Owners' Association Slams Obama's Stimulus Efforts, Cites Weak Demand and Poor Sales
Who Says This Blog Is a Downer?
New Trend: It's OK To Have Sex With Your Co-Workers
Europe
Forget Greece, The Coming Surge Of Right-Wingers Will Pose The Real Threat To The Euro
Spanish Prime Minister: We're The Victim of A Free Market Conspiracy To Make The Socialist Euro System Look Like A Failure
Here's The REAL Reason Germany Is So Hesitant About Bailing Out Greece
TARP 2.0: German Parliament Trying To Stop The Greece Bailout
Moscow says U.S. missile shield aimed at Russia
EU President's secret bid for economic power
World
PIMCO Goes Short The Entire Developed World
Activists take down Australian government websites
"Attacks are believed to be in protest against Australia's impending Internet filtering legislation and the Classification Board's decision to ban the sale of porn films in Australia which shows small-breasted women."
The world is collapsing but first, a trip to the loony bin. - JO
Businesses could quit China
'War on Terror' to last as long as Cold War
Love the quotation marks.
Haiti PM: rebuilding could take 10 years
Haiti secure after quake, but escapees a concern: U.N.
Escapees not from Haiti but from prison. UN/US needed to take charge.
Chinese farms 'worse than factories'
Quote of the day:
"The First Amendment certainly protects the right to lie."
And...
Priest Checks Fingerprints for Mass Attendance
Have always preferred bribery, myself.
Tuesday, February 09, 2010
Iran Set to Devastate West; Decision Time on Long Term Unemployment Benefits
From Jenna Orkin
The contagion risk posed by the situation in Europe threatens $2 trillion in losses, waaaay worse than the subprime debacle.
Europe
European default-risk index at fresh highs
Traders make $8 billion bet against euro
Europe's Choice: Dismantle The Euro, Or Cede All National Sovereignty To Brussels
ECB chief flies to emergency meeting on rescuing Europe
How Goldman Sachs Helped Greece to Mask its True Debt
Goldman Caught Using European Loophole To Help Massively Understate Greek Deficit
Greek Minister: If We Ask For Help Then Markets Will Suddenly Realize We're Weak... Oh Wait Did I Just Say That On TV?
ECB Trichet departure sparks Greece rescue talk
Sterling weakens as eurozone’s problems unsettle the markets
UK's top financial regulator quits
Swiss bank secrecy faces renewed Germany assault
US
Decision Time on Long Term Unemployment Benefits
Will 80 Million Baby Boomers Bankrupt Social Security?
Bankers' Stew Disguising CDO Scraps as Tasty Morsels: Book Excerpt
Job seekers add to homeless problem in N.D.
This, in one of the most solvent states in the country.
It's Official: Fannie And Freddie Now Exist Merely To Lose Money, Bail Out Homeowners, And Prop Up House Prices
These Charts Prove That "Too Big To Fail" Is More Alive Than Ever
Wall Street owners angry with their purchase (from Vantage Point)
Shops had worst January for 15 years
John Murtha, defense appropriations chair, dies
World
Iran set to devastate the west
Iran to make 'advanced' attack drones
Sarah Palin wants the U.S. President to declare war on Iran
Russia displaces U.S. as Latin America's main arms supplier (from Rice Farmer)
Russian ire over U.S. missiles in Romania (from Rice Farmer)
China economy to grow 10 percent in 2010: think tank
China shuts down training website for hackers
China views Kashmir as a major dispute
US, Nato plan big offensive in Helmand
US and Nato forces are set to launch in southern Afghanistan this week a major offensive being described as the biggest assault of its kind since Vietnam four decades ago.
"Al Qaeda and Affiliates: Historical Perspective, Global Presence, and Implications for U.S. Policy," February 5, 2010.
The Expanding US War in Pakistan (from Vantage Point)
"The main thing to take away here is a recognition and acceptance of the paradigm shift that has occurred," says the former CENTCOM employee. "Everything is one echelon removed from before: where CIA was the darkest of the dark, now it is JSOC. Therefore, military forces have more leeway to do anything in support of future military objectives. The CIA used to have the ultimate freedom--now that freedom is in JSOC's hands, and the other elements of the military have been ordered to adapt."
US must be Haiti's watchdog
Intelligence
The 10 Ways Wall Street's Corporate Spies Steal Information From Your Company
Facebook Repeatedly Deleting Hong Kong Opposition Groups
Can battlefield robots take the place of soldiers? (from Rice Farmer)
How the Air Force biomorphic micro air vehicles will spy and kill unnoticed (from Rice Farmer)Olympic security doesn't stop at Canadian border (from Rice Farmer)
Energy/Resources/Health
ADB approves $135 mln loan for China's green power plant
Brazil enters fray for African resources (from Rice Farmer)
"Brazil is positioning itself to be Africa’s prime partner in its vital quest for greater energy and food security."
Sugar Shortage May Turn Acute in Third Quarter on Demand From U.S., Mexico
Food intolerance: the new epidemic?
Freeze on HIV Spending in Africa (from Jon Noel)
Palm oil deal 'a threat to the rainforest'
India's aubergine war reaches climax
Environment minister to rule this week on commercial cultivation of country's first GM foodstuff
The contagion risk posed by the situation in Europe threatens $2 trillion in losses, waaaay worse than the subprime debacle.
Europe
European default-risk index at fresh highs
Traders make $8 billion bet against euro
Europe's Choice: Dismantle The Euro, Or Cede All National Sovereignty To Brussels
ECB chief flies to emergency meeting on rescuing Europe
How Goldman Sachs Helped Greece to Mask its True Debt
Goldman Caught Using European Loophole To Help Massively Understate Greek Deficit
Greek Minister: If We Ask For Help Then Markets Will Suddenly Realize We're Weak... Oh Wait Did I Just Say That On TV?
ECB Trichet departure sparks Greece rescue talk
Sterling weakens as eurozone’s problems unsettle the markets
UK's top financial regulator quits
Swiss bank secrecy faces renewed Germany assault
US
Decision Time on Long Term Unemployment Benefits
Will 80 Million Baby Boomers Bankrupt Social Security?
Bankers' Stew Disguising CDO Scraps as Tasty Morsels: Book Excerpt
Job seekers add to homeless problem in N.D.
This, in one of the most solvent states in the country.
It's Official: Fannie And Freddie Now Exist Merely To Lose Money, Bail Out Homeowners, And Prop Up House Prices
These Charts Prove That "Too Big To Fail" Is More Alive Than Ever
Wall Street owners angry with their purchase (from Vantage Point)
Shops had worst January for 15 years
John Murtha, defense appropriations chair, dies
World
Iran set to devastate the west
Iran to make 'advanced' attack drones
Sarah Palin wants the U.S. President to declare war on Iran
Russia displaces U.S. as Latin America's main arms supplier (from Rice Farmer)
Russian ire over U.S. missiles in Romania (from Rice Farmer)
China economy to grow 10 percent in 2010: think tank
China shuts down training website for hackers
China views Kashmir as a major dispute
US, Nato plan big offensive in Helmand
US and Nato forces are set to launch in southern Afghanistan this week a major offensive being described as the biggest assault of its kind since Vietnam four decades ago.
"Al Qaeda and Affiliates: Historical Perspective, Global Presence, and Implications for U.S. Policy," February 5, 2010.
The Expanding US War in Pakistan (from Vantage Point)
"The main thing to take away here is a recognition and acceptance of the paradigm shift that has occurred," says the former CENTCOM employee. "Everything is one echelon removed from before: where CIA was the darkest of the dark, now it is JSOC. Therefore, military forces have more leeway to do anything in support of future military objectives. The CIA used to have the ultimate freedom--now that freedom is in JSOC's hands, and the other elements of the military have been ordered to adapt."
US must be Haiti's watchdog
Intelligence
The 10 Ways Wall Street's Corporate Spies Steal Information From Your Company
Facebook Repeatedly Deleting Hong Kong Opposition Groups
Can battlefield robots take the place of soldiers? (from Rice Farmer)
How the Air Force biomorphic micro air vehicles will spy and kill unnoticed (from Rice Farmer)Olympic security doesn't stop at Canadian border (from Rice Farmer)
Energy/Resources/Health
ADB approves $135 mln loan for China's green power plant
Brazil enters fray for African resources (from Rice Farmer)
"Brazil is positioning itself to be Africa’s prime partner in its vital quest for greater energy and food security."
Sugar Shortage May Turn Acute in Third Quarter on Demand From U.S., Mexico
Food intolerance: the new epidemic?
Freeze on HIV Spending in Africa (from Jon Noel)
Palm oil deal 'a threat to the rainforest'
India's aubergine war reaches climax
Environment minister to rule this week on commercial cultivation of country's first GM foodstuff
Monday, February 08, 2010
The Oil Export Crisis Has Unofficially Arrived; UK-Argentina row over Falklands oil
From Jenna Orkin
Headlines
The Oil Export Crisis Has Unofficially Arrived
Falklands Would Oppose Permits to Argentine Companies Looking for Oil
UK-Argentina row over Falklands oil
Richard Branson: An Oil Crunch Is Coming By 2015, And It Will Be Worse Than the Credit Crunch
Economy
Europe's Sovereign Disaster Makes U.S. Bonds Look Awesome
Europe risks another global depression
A European Crisis, Not A China Slow Down, Will Trigger A Global Collapse
Greek crisis escalates into global margin call
Jeff Saut: Don't Get Suckered By Friday, We're Just Halfway Through The Selling Stampede
No Job Growth for Small Business Inspires Doubts Over Sustainable Recovery
The NYT's Big David Paterson Bombshell Will Break Monday, Governor's Resignation To Follow
Reports of his resignation are greatly exaggerated, says his communications director.
BLS Seasonal Adjustments Gone Haywire; 11% Unemployment Coming by May?
Chart: Employment-Population Ratio: January 2010
(employment rate: 58.4%!: from Rice Farmer)
Majority of Americans reject Keynesian economics
China patents surge in 2009 as U.S. filings plunge
The Biggest Moochers: 10 States Making A Fortune From Obama's Budget
Nevada Could Lay Off Very Worker In State Government, And Still Its Budget Would Be In The Loss
Colton California Considers Disbanding Fire Department
Now See What Banks Are Really Doing With Your Tax Dollars
Secret summit of top bankers (from Rice Farmer)
This Just In: Goldman Sachs Killed AIG
Intelligence/World
FBI wants records kept of Web sites visited (from Rice Farmer)
Iran says arrests people hired by CIA
Haiti relief supplies stall in shipping limbo
Gee, too bad about all those f-ups getting supplies to Haiti, eh? They shouldn't have rioted but just waited patiently. Anyway, their infrastructure sucks.
BTA Bank of Kazakhstan Files for Bankruptcy in U.S. (from Rice Farmer)
Science/Energy/Environment
U.S military to train in bloodless medicine
Most Adults Not Getting Necessary Vaccinations
To whit: Major mumps outbreak spreads in New York
From Rice Farmer: This article is one of the finest Japanese-language explanations of peak oil and net energy I have seen. Listers who have Japanese friends who hunger after such information should relay this link.
Arctic Climate Changing Faster Than Expected
Arctic ice melt is faster than thought, ecosystem in peril
Study: Arctic Ice Melt to Cost $2.4 Trillion
Everybody put on your quantitative easing hats.
And...
Toronto restaurant bathroom sex. Will you have fries with that?
Too much Internet linked to depression
How are the results for this blog?
Headlines
The Oil Export Crisis Has Unofficially Arrived
Falklands Would Oppose Permits to Argentine Companies Looking for Oil
UK-Argentina row over Falklands oil
Richard Branson: An Oil Crunch Is Coming By 2015, And It Will Be Worse Than the Credit Crunch
Economy
Europe's Sovereign Disaster Makes U.S. Bonds Look Awesome
Europe risks another global depression
A European Crisis, Not A China Slow Down, Will Trigger A Global Collapse
Greek crisis escalates into global margin call
Jeff Saut: Don't Get Suckered By Friday, We're Just Halfway Through The Selling Stampede
No Job Growth for Small Business Inspires Doubts Over Sustainable Recovery
The NYT's Big David Paterson Bombshell Will Break Monday, Governor's Resignation To Follow
Reports of his resignation are greatly exaggerated, says his communications director.
BLS Seasonal Adjustments Gone Haywire; 11% Unemployment Coming by May?
Chart: Employment-Population Ratio: January 2010
(employment rate: 58.4%!: from Rice Farmer)
Majority of Americans reject Keynesian economics
China patents surge in 2009 as U.S. filings plunge
The Biggest Moochers: 10 States Making A Fortune From Obama's Budget
Nevada Could Lay Off Very Worker In State Government, And Still Its Budget Would Be In The Loss
Colton California Considers Disbanding Fire Department
Now See What Banks Are Really Doing With Your Tax Dollars
Secret summit of top bankers (from Rice Farmer)
This Just In: Goldman Sachs Killed AIG
Intelligence/World
FBI wants records kept of Web sites visited (from Rice Farmer)
Iran says arrests people hired by CIA
Haiti relief supplies stall in shipping limbo
Gee, too bad about all those f-ups getting supplies to Haiti, eh? They shouldn't have rioted but just waited patiently. Anyway, their infrastructure sucks.
BTA Bank of Kazakhstan Files for Bankruptcy in U.S. (from Rice Farmer)
Science/Energy/Environment
U.S military to train in bloodless medicine
Most Adults Not Getting Necessary Vaccinations
To whit: Major mumps outbreak spreads in New York
From Rice Farmer: This article is one of the finest Japanese-language explanations of peak oil and net energy I have seen. Listers who have Japanese friends who hunger after such information should relay this link.
Arctic Climate Changing Faster Than Expected
Arctic ice melt is faster than thought, ecosystem in peril
Study: Arctic Ice Melt to Cost $2.4 Trillion
Everybody put on your quantitative easing hats.
And...
Toronto restaurant bathroom sex. Will you have fries with that?
Too much Internet linked to depression
How are the results for this blog?
Saturday, February 06, 2010
First Comes Soaring Interest Payments, Then Inflation, Then Default, Then War
From Jenna Orkin
Global Collapse
Faber: First Comes Soaring Interest Payments, Then Inflation, Then Default, Then War
UK forces prepare for biggest Afghan offensive since 2001
The US Fiscal Problem Is A Ticking Timebomb, And Obama Lacks The Political Capital To Deal With It
Africa's illicit money sent to Western banks
Nonperforming Loans in China Rise to "Trillions of Renminbi"
US in line of fire as China gets tough
Retaliation threatened after arms sales to Taiwan, and Beijing ready to stand alone over Iran sanctions
Terrorists gaining cyber war upper hand Geithner: We're All Good Because China Will Save Us And Let The Yuan Strengthen
The Scariest Jobs Chart Ever
Here's Why The Real Jobs Loss Number Was 5x Worse Than What The BLS Reported (from Rice Farmer)
EVERYONE'S FREAKING OUT ABOUT SOVEREIGN DEBT
Commodities In A Freefall, Oil And Gold Take Huge Hits
Yesterday it was "Markets in freefall..."
Bill Gross: We're looking at subprime all over again
AAA ratings are vanishing all over the place
Goldman: If Greece Is Handled Wrong, All Of Southern Europe Will Fall Like Dominos And 30% Of Euro GDP Would Be At Risk
7 US States That Are Worse Off Than Europe's PIIGS
Market Collapse Day II: Equities And Commodities Now Falling Hard
The Fed Makes Screaming Invitation To Housing Bubble Speculators By Promising To Restart Mortgage Support If Rates Rise
Hey Taxpayers! Get Ready To Bail Out The FHA
Why The Next Round Of Government Stimulus Will Only Make The Jobs Crisis Worse
Credit binge bites with 134,000 insolvencies UK
G7 meets in Arctic with euro debt woes top of agenda
Interesting venue for a mid-winter meeting.
Japan tells G7 Tokyo focusing on China
Swiss Central Bank Mysteriously Intervenes In Its Currency Market, Causing Chaos
Eliot Spitzer to make comeback? (from Rice Farmer)
Goldman Parachute Awaits Geithner to Ease Fall
AIG-GATE: THE WORLD’S GREATEST INSURANCE HEIST
$170 billion of federal funds went to AIG and the banks feeding at its trough. Meanwhile, a survey of state finances by the Center on Budget and Policy Priorities think tank found that state governments face a collective $168 billion budget shortfall for fiscal 2010.
Secessionist Campaign For the Republic of Vermont
10,000 insolvencies month UK
Hans-Olaf Henkel, a German Architect of Global Collapse
War/Terror
US in line of fire as China gets tough
Retaliation threatened after arms sales to Taiwan, and Beijing ready to stand alone over Iran sanctions
The West Turns Against China, As Europe Sells Helicopters To Taiwan
Thousands Protest in Tokyo Against US Military Presence in Japan
Anti-Semitic incidents at record high in U.K.
Science/Intelligence
China threatens world health by unleashing waves of superbugs (from Rice Farmer)
Pentagon's New Bag: 'Synthetic Organism' With Off Switch
Police Want Back Door to Web Users Private Data
Terror Suspect Kept Visa to Avoid Tipping Off Larger Investigation
London Conference on Afghanistan
Sound familiar? The BAE scandal, and the parallels with the Iraq war
Energy/Environment
Crippling power shortage continues in Philippines
EU raises biofuel threat to rainforests
Arctic ice melt is faster than thought, ecosystem in peril
Think-tanks take oil money and use it to fund climate deniers
Africa's illicit money sent to Western banks
Electric Charge Can Change Freezing Point of Water
Climate makes money move in mysterious ways
Global Collapse
Faber: First Comes Soaring Interest Payments, Then Inflation, Then Default, Then War
UK forces prepare for biggest Afghan offensive since 2001
The US Fiscal Problem Is A Ticking Timebomb, And Obama Lacks The Political Capital To Deal With It
Africa's illicit money sent to Western banks
Nonperforming Loans in China Rise to "Trillions of Renminbi"
US in line of fire as China gets tough
Retaliation threatened after arms sales to Taiwan, and Beijing ready to stand alone over Iran sanctions
Terrorists gaining cyber war upper hand Geithner: We're All Good Because China Will Save Us And Let The Yuan Strengthen
The Scariest Jobs Chart Ever
Here's Why The Real Jobs Loss Number Was 5x Worse Than What The BLS Reported (from Rice Farmer)
EVERYONE'S FREAKING OUT ABOUT SOVEREIGN DEBT
Commodities In A Freefall, Oil And Gold Take Huge Hits
Yesterday it was "Markets in freefall..."
Bill Gross: We're looking at subprime all over again
AAA ratings are vanishing all over the place
Goldman: If Greece Is Handled Wrong, All Of Southern Europe Will Fall Like Dominos And 30% Of Euro GDP Would Be At Risk
7 US States That Are Worse Off Than Europe's PIIGS
Market Collapse Day II: Equities And Commodities Now Falling Hard
The Fed Makes Screaming Invitation To Housing Bubble Speculators By Promising To Restart Mortgage Support If Rates Rise
Hey Taxpayers! Get Ready To Bail Out The FHA
Why The Next Round Of Government Stimulus Will Only Make The Jobs Crisis Worse
Credit binge bites with 134,000 insolvencies UK
G7 meets in Arctic with euro debt woes top of agenda
Interesting venue for a mid-winter meeting.
Japan tells G7 Tokyo focusing on China
Swiss Central Bank Mysteriously Intervenes In Its Currency Market, Causing Chaos
Eliot Spitzer to make comeback? (from Rice Farmer)
Goldman Parachute Awaits Geithner to Ease Fall
AIG-GATE: THE WORLD’S GREATEST INSURANCE HEIST
$170 billion of federal funds went to AIG and the banks feeding at its trough. Meanwhile, a survey of state finances by the Center on Budget and Policy Priorities think tank found that state governments face a collective $168 billion budget shortfall for fiscal 2010.
Secessionist Campaign For the Republic of Vermont
10,000 insolvencies month UK
Hans-Olaf Henkel, a German Architect of Global Collapse
War/Terror
US in line of fire as China gets tough
Retaliation threatened after arms sales to Taiwan, and Beijing ready to stand alone over Iran sanctions
The West Turns Against China, As Europe Sells Helicopters To Taiwan
Thousands Protest in Tokyo Against US Military Presence in Japan
Anti-Semitic incidents at record high in U.K.
Science/Intelligence
China threatens world health by unleashing waves of superbugs (from Rice Farmer)
Pentagon's New Bag: 'Synthetic Organism' With Off Switch
Police Want Back Door to Web Users Private Data
Terror Suspect Kept Visa to Avoid Tipping Off Larger Investigation
London Conference on Afghanistan
Sound familiar? The BAE scandal, and the parallels with the Iraq war
Energy/Environment
Crippling power shortage continues in Philippines
EU raises biofuel threat to rainforests
Arctic ice melt is faster than thought, ecosystem in peril
Think-tanks take oil money and use it to fund climate deniers
Africa's illicit money sent to Western banks
Electric Charge Can Change Freezing Point of Water
Climate makes money move in mysterious ways
Friday, February 05, 2010
Global Sell-Off; Chavez Turns to Cubans for Help with Energy Crisis
From Jenna Orkin
Headlines
Global sell-off
Chavez turns to Cubans for help with energy crisis
How long before the lights go out?
Economy
Jim Rogers: Markets to tank soon
Marc Faber: Markets to plunge 20%
Majority of States Now Insolvent
Over 820,000 jobs will disappear tomorrow morning
US to “find” extra 825,000 unemployed on Friday
US jobless claims unexpectedly rise
Weekly Unemployment Claims Jump
No Jobs Yet? It's the Recovery Everyone Loves to Hate
School Crisis In Nevada; Governor Seeks To Cancel Collective Bargaining With Schools Because The State Is Broke
Surviving the Invisible Depression
"Home ownership level falling to 67%."
Personal insolvencies double UK
Military seeks billions to battle terror abroad
House to vote on $1.9 trillion more debt
Record White House budget deficit omits trillions in Fannie and Freddie liabilities (from Rice Farmer)
P&G Chief More Worried About US Than Ever
The biggest bubble in history is growing every day in China
Record volumes for sovereign credit-default swaps
US mortgage sector braced for end of Fed help
What you must know about bankruptcy of the United States
Dow dips below 10,000 mark on eurozone debt, jobs data
Stocks slump, euro drops, bond risk soars on jobs and debt concerns
Strikes bring Greece to its knees
The Greek infection is still spreading
Debt crisis spreads to Spain
Warning that "Lehman-style tsunami" could spread across the EU.
Portugal near political crisis over debt
Portugal’s CDS prices at new high
Portugal Adds Political Crisis to Debt Woes Mix
Pimco: Forget Greece, California Bond Spreads Have Soared Back To Crisis Levels (from Rice Farmer)
Stocks suffer worst drop in more than eight months
Will Laffer’s ‘Train Wreck’ Scenario Come to Pass?
Stimulus II: A Sequel America Can't Afford
Health-Care Burden Shifts to U.S. Government as Spending Soars (from Vantage Point)
U.S. Report Details Money Laundering (from Rice Farmer)
Banks - BofA and ex-chiefs face fraud lawsuits (from Jon Noel)
German Auto Sales Crash in January
War/Terror/Intelligence
US Disagrees With Russia On Afghan Drugs (from Vantage Point)
Soldiers ‘could fight terrorism on Britain's streets’ (from Rice Farmer)
Inside job suspected in Pakistan bombing
Israeli hawk raises Syria tensions
Threat of new Orange protests raises Ukraine tension
Google Asks NSA to Help Secure Its Network
’Don’t Be Evil,’ Meet ’Spy on Everyone’ — How NSA Deal Could Kill Google
Phishing Scam Cripples European Emissions Trading
"Coercive Interrogation Techniques: Do They Work, Are They Reliable, and What Did the FBI Know About Them?",
Senate Judiciary Committee, June 10, 2008 (published December 2009) (large pdf).
"Protecting National Security and Civil Liberties: Strategies for Terrorism Information Sharing," Senate Judiciary Committee, April 21, 2009 (published January 2010).
"Chinese Interrogation vs. Congressional Oversight: The Uighurs at Guantanamo,"
House Foreign Affairs Committee, July 16, 2009 (published December 2009).
Thurgood Marshall Jr. on Board of Directors of Corrections Corp.
Energy/Resources
World Oil Capacity to Peak in 2010 Says CEO Petrobras (from Jon Noel)
Peak oil in Davos: Oh yes it is, oh no it isn't
Consumers may encounter vegetable seed shortage
Papua police forced families to move at gunpoint
Global Ocean Proctection Measures Have Failed
Taiwan’s green sector production value expected to explode by 2015, official says
Mad-cow proteins created in the lab (from Rice Farmer)
This could be the biggest government cover-up of the last 20 years
Obituary
Howard Zinn: Historian whose criticisms of American social policy made him a hero of the Left
Headlines
Global sell-off
Chavez turns to Cubans for help with energy crisis
How long before the lights go out?
Economy
Jim Rogers: Markets to tank soon
Marc Faber: Markets to plunge 20%
Majority of States Now Insolvent
Over 820,000 jobs will disappear tomorrow morning
US to “find” extra 825,000 unemployed on Friday
US jobless claims unexpectedly rise
Weekly Unemployment Claims Jump
No Jobs Yet? It's the Recovery Everyone Loves to Hate
School Crisis In Nevada; Governor Seeks To Cancel Collective Bargaining With Schools Because The State Is Broke
Surviving the Invisible Depression
"Home ownership level falling to 67%."
Personal insolvencies double UK
Military seeks billions to battle terror abroad
House to vote on $1.9 trillion more debt
Record White House budget deficit omits trillions in Fannie and Freddie liabilities (from Rice Farmer)
P&G Chief More Worried About US Than Ever
The biggest bubble in history is growing every day in China
Record volumes for sovereign credit-default swaps
US mortgage sector braced for end of Fed help
What you must know about bankruptcy of the United States
Dow dips below 10,000 mark on eurozone debt, jobs data
Stocks slump, euro drops, bond risk soars on jobs and debt concerns
Strikes bring Greece to its knees
The Greek infection is still spreading
Debt crisis spreads to Spain
Warning that "Lehman-style tsunami" could spread across the EU.
Portugal near political crisis over debt
Portugal’s CDS prices at new high
Portugal Adds Political Crisis to Debt Woes Mix
Pimco: Forget Greece, California Bond Spreads Have Soared Back To Crisis Levels (from Rice Farmer)
Stocks suffer worst drop in more than eight months
Will Laffer’s ‘Train Wreck’ Scenario Come to Pass?
Stimulus II: A Sequel America Can't Afford
Health-Care Burden Shifts to U.S. Government as Spending Soars (from Vantage Point)
U.S. Report Details Money Laundering (from Rice Farmer)
Banks - BofA and ex-chiefs face fraud lawsuits (from Jon Noel)
German Auto Sales Crash in January
War/Terror/Intelligence
US Disagrees With Russia On Afghan Drugs (from Vantage Point)
Soldiers ‘could fight terrorism on Britain's streets’ (from Rice Farmer)
Inside job suspected in Pakistan bombing
Israeli hawk raises Syria tensions
Threat of new Orange protests raises Ukraine tension
Google Asks NSA to Help Secure Its Network
’Don’t Be Evil,’ Meet ’Spy on Everyone’ — How NSA Deal Could Kill Google
Phishing Scam Cripples European Emissions Trading
"Coercive Interrogation Techniques: Do They Work, Are They Reliable, and What Did the FBI Know About Them?",
Senate Judiciary Committee, June 10, 2008 (published December 2009) (large pdf).
"Protecting National Security and Civil Liberties: Strategies for Terrorism Information Sharing," Senate Judiciary Committee, April 21, 2009 (published January 2010).
"Chinese Interrogation vs. Congressional Oversight: The Uighurs at Guantanamo,"
House Foreign Affairs Committee, July 16, 2009 (published December 2009).
Thurgood Marshall Jr. on Board of Directors of Corrections Corp.
Energy/Resources
World Oil Capacity to Peak in 2010 Says CEO Petrobras (from Jon Noel)
Peak oil in Davos: Oh yes it is, oh no it isn't
Consumers may encounter vegetable seed shortage
Papua police forced families to move at gunpoint
Global Ocean Proctection Measures Have Failed
Taiwan’s green sector production value expected to explode by 2015, official says
Mad-cow proteins created in the lab (from Rice Farmer)
This could be the biggest government cover-up of the last 20 years
Obituary
Howard Zinn: Historian whose criticisms of American social policy made him a hero of the Left
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