Archive for the 'Collapse' Category

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Recovery: “4 in 5 in USA Face Near-Poverty, No Work”

October 19th, 2013

Via: AP: Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream. Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, […]

The Science-Is-Self-Correcting Myth

October 17th, 2013

The scientific method sounds great on paper. Mix in grant swindling, incompetence and fraud and the “science” you get out the other side can turn into a bunch of bullshit. But don’t worry, science is self correcting! Via: The Economist: Academic scientists readily acknowledge that they often get things wrong. But they also hold fast […]

Economic Recovery: Red Cross Launches Emergency Food Aid Plan for UK’s Hungry; First Time Since World War II

October 15th, 2013

Via: Independent: The Red Cross will this winter start collecting and distributing food aid to the needy in Britain for the first time since the Second World War, as welfare cuts and the economic downturn send soaring numbers of people to soup kitchens and food banks across Europe. In what could be the start of […]

The Russia Left Behind

October 15th, 2013

Via: New York Times: A few times every day, the high-speed train between St. Petersburg and Moscow barrels through the threadbare town of Lyuban. When word gets out that the head of Russia’s state railway company — a close friend of President Vladimir V. Putin — is aboard, the station’s employees line up on the […]

Louisiana Walmart Shelves Cleared Out After EBT System Malfunctions

October 14th, 2013

Via: KSLA: Shelves in Walmart stores in Springhill and Mansfield, LA were reportedly cleared Saturday night, when the stores allowed purchases on EBT cards even though they were not showing limits. The chaos that followed ultimately required intervention from local police, and left behind numerous carts filled to overflowing, apparently abandoned when the glitch-spurred shopping […]

“Computer Glitch Blamed For Nationwide EBT System Shutdown On Saturday”

October 12th, 2013

There’s no shortage of imbeciles on the Internet predicting certain doom every five minutes, but the dole situation is something that Cryptogon readers in the U.S. need to watch carefully—unless you think that tens of millions of heavily armed, broke and hungry people aren’t any cause for concern. “Normal operations” depend on the availability of […]

Ghoulish Corporate Fascism and the Cost of Pharmaceuticals

October 12th, 2013

In the piece below, “Market competition among pharmaceutical companies,” means a market failure situation with cartel pricing. Via: New York Times: Thanks in part to the $250 million last year spent on lobbying for pharmaceutical and health products — more than even the defense industry — the government allows such practices. Lawmakers in Washington have […]

India: Cyclone Phailin

October 11th, 2013

Via: Accuweather: India is expected to suffer catastrophic impacts from Severe Tropical Cyclone Phailin in less than 12 hours. Destructive winds well over 160 kph (100 mph) and flooding rain of at least 100-200 mm (4-8 inches) is expected across a wide area. There will be a crippling storm surge of 4-6 meters (14-20 feet), […]

Japan Finally Seeks International Help with Fukushima Crisis

October 9th, 2013

Via: CBS: Prime Minister Shinzo Abe said Japan is open to receiving overseas help to contain widening radioactive water leaks at the crippled nuclear plant in Fukushima, with leaks and mishaps reported almost daily. Abe made the comments Sunday in a speech at an international science forum in Kyoto in western Japan. “We are wide […]

Social Security Warns Benefits Could Get Cut

October 8th, 2013

Via: Wall Street Journal: The Social Security Administration has begun warning the public it cannot guarantee full benefit payments if the debt ceiling isn’t increased. When asked by the public, the agency is notifying beneficiaries that “Unlike a federal shutdown which has no impact on the payment of Social Security benefits, failure to raise the […]

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