Archive for the 'Collapse' Category
The Vegetarian Myth: Food, Justice and Sustainability by Lierre Keith
May 5th, 2009I’ve listened to a few of Lierre Keith’s radio appearances and talks. This information will be nothing new to those of you who are involved with producing your own food in ways that build top soil. To the rest of you, this will be deep, chilling doom… for your belly. Lierre Keith is absolutely NOT […]
Bond Insurer Can’t Pay
May 2nd, 2009Via: Reuters: Sellers of protection on debt issued by bond insurer Syncora Holdings will need to make payments to counterparties after the company suspended claims payments, the International Swaps and Derivatives Association said on Friday. Syncora, formerly known as SCA, suspended payments at the direction of the New York Insurance Department to allow it to […]
Chrysler to File for Bankruptcy
April 30th, 2009Via: Washington Post: Chrysler, one of the three pillars of the American auto industry, will file for bankruptcy today after last-minute negotiations between the government and the automaker’s creditors broke down last night, an Obama administration official said. U.S. officials had offered Chrysler’s secured lenders $2.25 billion in cash if they would agree to writedown […]
Mexico Senate OKs Bill to Legalize Drug Possesion
April 30th, 2009This isn’t a done deal yet, but it’s good news. Via: Reuters: Mexico’s Senate approved a bill on Tuesday decriminalizing possession of small amounts of narcotics for personal use, in order to free resources to fight violent drug cartels. The bill, proposed by conservative President Felipe Calderon, would make it legal to carry up to […]
California: Unemployment Situation Prompts Schwarzenegger to Issue Emergency Proclamation
April 28th, 2009Via: Los Angeles Times: Unemployment in California shot to 11.2% in March, the highest level since the state began keeping records. What’s more, the number of people out of work for almost a year rose by 9.4%, and has now doubled in the last 12 months. … The state has been scrambling to assist the […]
GM to Cut 21,000 U.S. Factory Jobs, Kill Pontiac, Try to Pay Government Debt with Stock… To Get More Bailouts
April 27th, 2009Via: AP: General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to take company stock in exchange for half GM’s government debt as part of a major restructuring effort needed to get more government aid. The struggling automaker also said […]
Phoenix: Radar Camera Employee Murdered
April 21st, 2009Via: Arizona Republic: It has come under attack from protesters, politicians and even a pickax-wielding resident, but sentiment against Arizona’s photo-enforcement program had not turned to bloodshed until Sunday night. Doug Georgianni, 51, of Cave Creek, was shot and killed while sitting in a van alongside the highway and monitoring cameras that snap photos of […]
Britain: Schools Turn to Bouncers for ‘Crowd Control’ During Absent Teachers’ Lessons
April 20th, 2009Via: Guardian: Bouncers, ex-soldiers and former police officers are being brought into schools to provide “crowd control” and cover absent teachers’ lessons, a teacher has revealed. One school, thought to be in London, employed two permanent cover teachers through an agency for professional doormen, the National Union of Teachers annual conference in Cardiff heard today. […]
Twelve Major Brands That Will Disappear
April 20th, 2009Via: 247Wallst: A number of well-known brands disappeared in the last year in large part due to economic forces. Many of them were in the retail industry, led by Circuit City. ATA and Aloha airlines are gone. Gateway Computers has effectively disappeared after being bought by Acer. It still has a website, but the brand […]
Deutsche Bank: U.S. Economy Could Contract by 10% in the First Quarter
April 20th, 2009Via: Reuters: Deutsche Bank predicted there are risks that the U.S. economy could contract by as much as 10 percent in the first quarter, given the relentless wave of dismal economic data being reported in early 2009. Deutsche Bank U.S. economists Joseph LaVorgna and Carl Riccadonna expect first-quarter Gross Domestic Products to shrink by 8 […]
