Archive for June 21st, 2010

BP ‘informed of leak’ by worker weeks before oil spill

Monday, June 21st, 2010

BP on Monday faced new allegations that it had ignored safety warnings before the Deepwater Horizon rig exploded – sending its shares down another 2pc in London. By Rowena Mason TelegraphUK 21 Jun 2010 The claim was made on the BBC’s Panorama programme by an oil worker who survived the accident. Tyrone Benton said... »

Posted in Corruption, Oil | No Comments »

Fast-Reading Computers Are About To Drink Your Trading Milkshake

Monday, June 21st, 2010

by Tyler Durden 06/21/2010 Add speed reading to the set of mad skills that rich robotic algos are now much better at than humans. The latest craze among the computerized trading community is using Johnny 5 to read through thousands of press releases in combination with some fuzzy logic and the 80/20 rule,... »

Posted in Conspiracy, Corruption, Economics, Technology | No Comments »

Brown Brothers Warns On Deterioration In State And Local Government Deficits, Cautions Of Comparable European Collapse

Monday, June 21st, 2010

by Tyler Durden 06/21/2010 Brown Brothers joins Meredith Whitney, who earlier noted that the collapse of state and local government funding is one of her primary concerns, in warning that the “The similarities between Europe and the US, in terms of debt and deficit issues, are much greater than the different political, social... »

Posted in Civil War II, Economics, Government Evil | No Comments »

Too Much Government in the Gulf

Monday, June 21st, 2010

by Ron Paul (R), Congressman June 21, 2010 Sadly, the disaster in the Gulf continues this week as BP’s efforts at containment keep hitting snags and residents along the coast scramble to clean up and defend their shores and wildlife. Many have criticized the federal government in the past weeks for not doing... »

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NASA Image Of Oil Slick Moving Over Entire Gulf

Monday, June 21st, 2010 On Saturday, June 19, 2010, oil spread northeast from the leaking Deepwater Horizon well in the Gulf of Mexico. The oil appears as a maze of silvery-gray ribbons in this photo-like image from the Moderate Resolution Imaging Spectroradiometer (MODIS) on NASA’s Terra satellite. The location of the leaking well is marked with a... »

Posted in Earth Changes, Oil | No Comments »

Oil reported just offshore Cuba; Forecast “clearly shows the oil moving southeastward”

Monday, June 21st, 2010 on June 20th, 2010 USF model projects oil spill will expand further southward toward loop current, WTSP Channel 10 Tampa Bay, June 18, 2010: A high pressure system centered over the Gulf of Mexico will bring light northwesterly winds to the oil spill area over the next few days. As a result, models... »

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Former Shell exec predicts blackouts, gas lines

Monday, June 21st, 2010

Elizabeth Souder Americans are on the path toward blackouts and gas lines, and the federal government’s tools to prevent it are broken. And John Hofmeister, the former Shell executive who made this prediction at a World Affairs Council breakfast on Friday, said he’s an optimist. Some of his energy industry friends expect worse,... »

Posted in Civil Unrest, Economics, Oil | 1 Comment »

Carbon Tax On Electricity To Send Prices Skyrocketing

Monday, June 21st, 2010

First salvo of Obama’s nightmare “green economy” targets impoverished Americans Paul Joseph Watson Prison Monday, June 21, 2010 Americans already laboring under the financial duress of massive unemployment and the threat of a double-dip recession will be hit with massive electricity bill hikes if President Obama succeeds in ramming through the first salvo... »

Posted in Civil Unrest, Economics, Government Evil | 1 Comment »

We await the day Western nations opt to default by stealth

Monday, June 21st, 2010

To continue living beyond their means, Western nations can simply sell their prized assets to those nations with deep pockets. Stephen King IndependentUK Monday, 21 June 2010 I was asked the other day how the Spanish should respond to their crisis. “Easy,” I said, “so long as they beat Honduras and Chile, they’ll be... »

Posted in Civil Unrest, Economics, Government Evil, New World Order | No Comments »

BP oil spill: leak found in rig weeks before blast

Monday, June 21st, 2010

The Deepwater Horizon rig, which exploded causing the Gulf of Mexico oil spill, had suffered a leak in the weeks leading up to the blast, an employee has claimed. TelegraphUK 21 Jun 2010 Tyrone Benton told the BBC that he identified a leak in the rig’s safety equipment weeks before the explosion. He claimed... »

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