Archive for the 'Economy' Category
In Prison for Taking a Liar Loan
March 27th, 2011As part of my daily duties, I had to take remote control of the systems that these donkeys were using. Occasionally, (a couple of times per day, at least) I would see the credit summary screens for the loan applicants. The highest credit score I ever saw was something like 615. The lowest was 520. […]
Tata to Help Sun Catalytix Commercialize Revolutionary Energy Conversion Technology
March 25th, 2011Sun Catalytix Scientific Advisory Board Chairman, Dr. John M. Deutch: Dr. John M. Deutch is currently an Institute Professor at MIT, and as a faculty member since 1970, has served the MIT community as Chairman of the Department of Chemistry, Dean of Science and Provost. He has published over 140 technical publications in physical chemistry, […]
Radiation Beyond Legal Limit Found in Mustard Spinach Grown in Tokyo
March 25th, 2011Can anyone point to good information that deals with the health implications of consuming radioactive fallout, as opposed to just being exposed to ionizing radiation? Obviously, these vegetables have not been irradiated directly, so fallout particles must be coming down in the form or dust and/or rain. All the government assurances of don’t worry, be […]
Worst Texas Drought in 44 Years Eroding Wheat, Beef Supply as Food Rallies
March 24th, 2011Via: Bloomberg: The worst Texas drought in 44 years is damaging the state’s wheat crop and forcing ranchers to reduce cattle herds, as rising demand for U.S. food sends grain and meat prices higher. Texas, the biggest U.S. cattle producer and second-largest winter-wheat grower, got just 4.7 inches (12 centimeters) of rain on average in […]
Toyota Tells U.S. Plants ‘Prepare to Shut Down’
March 24th, 2011Via: CNN: Toyota’s U.S. manufacturing arm is preparing for a possible shutdown because of parts shortages from Japan, a Toyota spokesman said. Word has gone out to all 13 of Toyota’s factories in the United States, Canada and Mexico. This does not mean that the plants will stop working, Toyota spokesman Mike Goss said, but […]
Peak Doomsday Bunkers
March 24th, 2011*chortle* Via: CNN: A devastating earthquake strikes Japan. A massive tsunami kills thousands. Fears of a nuclear meltdown run rampant. Bloodshed and violence escalate in Libya. And U.S. companies selling doomsday bunkers are seeing sales skyrocket anywhere from 20% to 1,000%. Northwest Shelter Systems, which offers shelters ranging in price from $200,000 to $20 million, […]
Trading Note: Natural Gas
March 23rd, 2011WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Just in case anyone was wondering what I was doing on that UNG trade: I have a 1% trailing stop following this thing up now. This feels a bit like public participation to me, but who knows… If it keeps running, […]
U.S. New-Home Sales Unexpectedly Fall to Lowest on Record
March 23rd, 2011Via: Bloomberg: Purchases of new U.S. homes unexpectedly declined in February to the slowest pace on record and prices dropped to the lowest level since December 2003, adding to evidence the industry is floundering.
TOKYO TAP WATER TESTS 2.5 TIMES ABOVE RADIOACTIVE LIMITS FOR INFANTS
March 23rd, 2011Via: Globe and Mail: Tap water in Tokyo tested two times above the limits for radioactive iodine considered safe for infants, officials said Wednesday amid burgeoning concerns about food safety in the wake of an earthquake and tsunami that crippled a nuclear power plant. Levels of radioactive iodine in tap water at a water treatment […]
Libya’s Sea of Fresh Water Beneath the Desert, But Wait, There’s More
March 23rd, 2011Update: NATO in Libya: Besides the Oil, Is It Also a Gold Robbery? —End Update— We all know about the obvious oil component to what is happening in Libya, but that’s definitely not he full story. Here are some other factors to keep in mind as the U.S. leads a war in Libya for “humanitarian” […]
