Archive for the 'Collapse' Category
Japan: 8% of Country’s Surface Area Contaminated with Radioactive Fallout from Fukushima Disaster
November 22nd, 2011Via: ABC: Japan’s science ministry says 8 per cent of the country’s surface area has been contaminated by radiation from the crippled Fukushima nuclear plant. It says more than 30,000 square kilometres of the country has been blanketed by radioactive caesium. The ministry says most of the contamination was caused by four large plumes of […]
Egypt: Tahrir Square Riots
November 21st, 2011AP: Egypt Morgue Official: 35 Dead in Clashes — WARNING: GRAPHIC VIOLENCE. Via: Russia Today / YouTube: Egyptian army and police has launched a major crackdown on protesters at Tahrir square. Tens of thousands have been protesting since Friday at a lack of reform comes before crucial elections, and could carry the potential to paralyse […]
Big Picture Gallery: ‘The Mine’ in Guatemala City
November 21st, 2011Via: Boston Globe / Big Picture: In Guatemala City, a place called “The Mine” can deliver both a means of survival and a grisly death. Every day, dozens of residents salvage a living by scouring the massive dump for scrap metal. Facing the threat of mudslides, collapses, and disease, they can potentially earn twice the […]
Government Motors: U.S. Boosts Estimate of Auto Bailout Losses to $23.6 Billion
November 17th, 2011Via: Detroit News: The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.’s steep stock decline. In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its previous […]
For Americans, 80 Is the New 65 When It Comes to Retirement
November 17th, 2011Oh sure. Via: Reuters: When it comes to retirement, many middle class Americans said 80 is the new 65 and plan to delay retirement because of worries over money, according to a new survey. Wells Fargo bank asked 1,500 Americans who earned between $25,000 and $99,999 and ranged in age from 20 into their 70s […]
Fed Now Largest Owner of U.S. Government Debt—Surpassing China
November 17th, 2011Via: CNSNews: At the close of business on Tuesday, the debt of the federal government exceeded $15 trillion for the first time–with the largest single owner of the publicly held portion of that debt being the Federal Reserve. Over the past year, as the Federal Reserve massively increased its holdings of U.S. Treasury securities and […]
Gerald Celente Got Screwed Out of Gold Futures Positions with MF Global Wreck
November 16th, 2011Celente was just trying to buy the underlying metal via the futures and *poof* positions closed, money gone. Pookie sent this one from, Jesse’s Café Américain: Here is a white paper that suggests that JP Morgan and Bank of America are trying to subordinate the customers’ claims to their stolen funds and keep them in […]
Japan: Radioactive Contamination in Soil Will Severely Impair Food Production
November 15th, 2011Via: Telegraph: Farmland in parts of Japan is no longer safe because of high levels of radiation in the soil, scientists have warned, as the country struggles to recover from the Fukushima atomic disaster. A team of international researchers said food production would likely be “severely impaired” by the elevated levels of caesium found in […]
European Crisis Explained
November 10th, 2011Alabama: Jefferson County Filed Largest Ever Municipal Bankruptcy
November 10th, 2011Via: Bloomberg: Jefferson County, Alabama, filed the biggest U.S. municipal bankruptcy after an agreement among elected officials and investors to refinance $3.1 billion in sewer bonds fell apart. The county, home to Birmingham, the state’s most-populous city, listed assets and debt of more than $1 billion in Chapter 9 papers filed today in U.S. Bankruptcy […]
