The rising death toll is failing to deter thousands of anti-government demonstrators camped in the centre of Bangkok By Andrew Buncombe IndependentUK Sunday, 16 May 2010 It was the morning they had feared the troops would come with their guns and drive them from their fortified encampment, but the old woman was unflinching. Sitting... »
Archive for May 15th, 2010
Meltdown?
by Jim Davies LewRockwell.com As the absurd machinery of government staggers daily towards total breakdown, to be “rescued” however temporarily by this or that stimulus of printed money, I’m hearing the view that the end is near, that freedom is just around the corner, that the collapse of the statist paradigm is almost upon... »
Bangkok descends from bustling city to war zone
(The Veil of Civilation is VERY THIN…Paul) By Martin Petty NewsYahoo.com Sat May 15, 2010 Smoke billows from burning tires. Bangkok’s biggest streets, normally clogged by traffic, are guarded by troops behind razorwire, who fire on anti-government protesters, playing cat and mouse. A cacophony of ambulance sirens, gunshots and thunderous explosions echo down the... »
How Is The U.S. Economy Supposed To Succeed When Our Politicians And The Big Banks Are Making Billions Of Dollars Betting Against It?
TheEconomicCollapseBlog.com Most people around the globe think of America as a great “capitalist” economic machine, but the truth is that the U.S. financial system is essentially one massive betting parlor at this point. In fact, there has been a whole lot of easy money made in this betting parlor over the past several years... »
Oil spill: BP accused of using Gulf of Mexico as ‘toxic testing-ground’
Louisiana officials have accused BP of turning the Gulf of Mexico into a toxic testing-ground after winning permission for experimental chemical methods of fighting the oil slick. By Jacqui Goddard TelegraphUK 15 May 2010 State officials are angry that federal regulators gave the company permission to try out new chemical techniques to break up... »
Cali Will Meltdown…Schwarzenegger’s solution to California’s budget woes: End welfare
RawStory.com Saturday, May 15th, 2010 Governor Arnold Schwarzenegger on Friday unveiled plans to plug California’s budget deficit by slashing billions of dollars worth of funding for services designed to help the state’s poor. Schwarzenegger’s budget proposals would see spending cuts of 12.4 billion dollars and include the elimination of California’s welfare-to-work program and virtually... »
Germany lashes out at Google for privacy breach
Germany lashes out at Google after company admits privacy breach with Wi-Fi data Juergen Baetz Yahoo.com May 15, 2010 BERLIN (AP) — Germany’s consumer protection minister strongly criticized Google for a widespread privacy breach and insisted Saturday the U.S. Internet giant must cooperate better with data protection authorities. Google Inc. issued an apology Friday,... »
Widely varying estimates of severity of oil leak in Gulf raise many questions
Gregory Patin Examiner.com May 15 After BP released underwater video footage of the oil gushing into the Gulf of Mexico, conflicting estimates of the amount of oil leaking raise many questions. What is the rate of flow? How much oil is already in the water? Is there any way to make an accurate assessment?... »
“We don’t have any idea how to stop this,” expert says.
Gulf Oil Leaks Could Gush for Years Christine Dell’Amore National Geographic.com If efforts fail to cap the leaking Deepwater Horizon wellhead in the Gulf of Mexico (map), oil could gush for years—poisoning coastal habitats for decades, experts say. Last week the joint federal-industry task force charged with managing the spill tried unsuccessfully to lower... »
Euro; the Worst Is Yet To Come
By: Sol Palha, Tactical Investor GoldSeek.com Sunday, 16 May 2010 If the thunder is not loud, the peasant forgets to cross himself. Russian proverb I think it is a given that Greece will have to default, everyone knows this, but they are just playing cat and mouse for now. Most Greeks are dead set... »