Archive for the 'Collapse' Category
Automated Debt-Collection Lawsuits Engulf Courts
July 26th, 2010Great innovations in the bucket shop economy. Via: New York Times: As millions of Americans have fallen behind on paying their bills, debt collection law firms have been clogging courtrooms with lawsuits seeking repayment. Few have been as prolific as Cohen & Slamowitz, a Woodbury, N.Y., firm that has specialized in debt collection for nearly […]
Poverty and Hunger in Ohio
July 26th, 2010Television, white bread and Pepsi… Sometimes cigarettes. *shrug shoulders* That guy trying to avoid freezing to death in the basement with his two sons… Man, that segment is going to haunt me for a long time. The show is in multiple parts. If you click through, the links to the next clip are on the […]
One Economic Chart That You Should Permanently Burn Into Your Memory
July 23rd, 2010Via: Economic Collapse Blog:
Big Picture Gallery: Oil Spill in Dalian, China
July 22nd, 2010Via: Big Picture: Five days ago, in the northeastern port city of Dalian, China, two oil pipelines exploded, sending flames hundreds of feet into the air and burning for over 15 hours, destroying several structures – the cause of the explosion is under investigation. The damaged pipes released thousands of gallons of oil, which flowed […]
Half of Americans Have Less Than $2,000 Saved for Retirement
July 21st, 2010Here’s some great advice from the Washington Post: To Retire Comfortably… Save Up Between $1.5 and $3 Million. HAHAHAHA. Via: Alternet: With declining earnings and a culture of borrow-and-consume, America’s workers face a future of uncertainty and little money to pay for their retirement. The days of quietly retiring with a nest egg built up […]
Engineers Detect Seepage “A Distance” from BP’s Capped Oil Well
July 19th, 2010For weeks, Matt Simmons has been saying that there’s much more to this than the riser we’ve all seen in the videos. Still… We have no idea what’s actually happening down there. Note: Simmons is a member of the Council on Foreign Relations, according to Wikipedia (which doesn’t provide any source), and this ASPO bio […]
Testing Gulf Water: One Sample Exploded in Lab
July 18th, 2010Schwarzenegger Mobilizes National Guard to Border
July 17th, 2010Via: AP: Gov. Arnold Schwarzenegger on Friday mobilized members of the California National Guard as part of a federal effort to deter drug trafficking and illegal immigration along the border with Mexico. His order supports President Barack Obama’s plan to have 1,200 National Guard troops assist with federal border protection, customs and immigration agents. The […]
“If the sea floor doesn’t crack”
July 16th, 2010Via: AP: The oil has stopped. For now. After 85 days and up to 184 million gallons, BP finally gained control over one of America’s biggest environmental catastrophes Thursday by placing a carefully fitted cap over a runaway geyser that has been gushing crude into the Gulf of Mexico since early spring. Though a temporary […]
U.S. Company Set to Ship Billions of Gallons of Water from Alaska to India
July 14th, 2010Tell me this is a hoax. Via: TreeHugger: India is hurting for water. With rapidly growing populations of people and a rising middle class that is mimicking the wasteful water consumption habits well known here in the United States, coupled with poor water management practices, India is set to be one of the first parts […]
