Archive for the 'Economy' Category
U.S. Farmers Fear the Return of the Dust Bowl
March 7th, 2011Via: Telegraph: For years the Ogallala Aquifer, the world’s largest underground body of fresh water, has irrigated thousands of square miles of American farmland. Now it is running dry.
Arkansas: Emergency Order Halts Natural Gas Drilling After Fluid Injections Allegedly Caused Hundreds of Small Earthquakes
March 7th, 2011Via: Arkansas Online: Chesapeake Operating Inc. and Clarita Operating LLC both said before a hearing Friday in Little Rock by the state Oil and Gas Commission that they will comply with an emergency request to stop injections of used natural-gas drilling fluid in the two wells in Faulkner County. The drillers made the announcement in […]
Silver Through $36
March 7th, 2011WARNING: This is not a recommendation to buy, sell or hold any financial instrument. $36.17
U.S. Looking at Tapping Strategic Oil Reserve
March 6th, 2011Oh sure. Via: Reuters: White House Chief of Staff Bill Daley said on Sunday the Obama administration is considering tapping into the U.S. strategic oil reserve as one way to help ease soaring oil prices.
SAUDIS MOBILIZE THOUSANDS OF TROOPS TO QUELL GROWING REVOLT
March 6th, 2011It’s going to be an interesting Monday in the energy markets. Via: Independent: Saudi Arabia, the world’s largest oil producer and the regional domino whose fall the West fears most, yesterday announced that it would ban all protests and marches. The move – the stick to match the carrot of benefits worth $37bn (£23bn) recently […]
With a Heavy Heart… The Dervaes Family’s Apparent Descent Into Madness
March 5th, 2011Path to Freedom inspired me to change my life. Early last decade, it was a candle in a dark room for me, so to speak. I can’t make similar statements about too many other things. Over the years, I’ve read their sites, sent them traffic with links from my sites, made several cash contributions to […]
$1.2 Trillion: The Real U.S. National Security Budget
March 4th, 2011Via: Alternet: If Americans were ever presented with the real bill for the total U.S. national security budget, it would actually add up to more than $1.2 trillion a year. … A country with a gross domestic product of $1.2 trillion would have the 15th largest economy in the world, ranking between Canada and Indonesia, […]
Former Goldman Sachs Director Charged with Insider Trading
March 3rd, 2011Via: Globe and Mail: On the afternoon of September 23, 2008, in the midst of some of the darkest days in American financial history, a handful of people dialled into a conference call and learned a piece of good news. Legendary investor Warren Buffett was about to invest billions in Goldman Sachs Group Inc., a […]
Oil: How High Will It Go?
March 3rd, 2011WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Some emails have been stacking up with regard to what’s happening with oil prices. In summary, people are wondering, “How high will it go?” and “How bad could this get?” and “Is this it?” etc. As you know, I ignore fundamentals […]
Libya: U.S. Amphibious Assault Ships Reach Mediterranean Sea
March 3rd, 2011Via: Reuters: Two U.S. amphibious assault ships have reached the Mediterranean Sea, a U.S. official said on Wednesday, as Washington intensifies pressure on Libyan leader Muammar Gaddafi to end his four-decade rule. The USS Ponce and the USS Kearsarge, assault ships that typically carry Marines, cleared the Suez Canal from the Red Sea and entered […]
