Archive for May 29th, 2010

Matt Simmons Tells Bloomberg Only Way To Contain Oil Leak Is With Small Nuclear Bombs, “Top Kill” Is Just A Distraction

Saturday, May 29th, 2010

by Tyler Durden ZeroHedge.com 05/29/2010 In his May 28th interview with Bloomberg’s Mark Crumpton and Lori Rothman, Matt Simmons of energy investment bank Simmons & Company, provides some stunning revelations on what is really occurring in the Gulf of Mexico, and proposes that the only effective way to contain the leak is to relieve... »

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Is It Raining Oil In Florida? This Is Just The Beginning

Saturday, May 29th, 2010

Sott.net As early as May 9 it was announced that FEMA evacuation protocol for forest fires in and around Tampa, Florida could be activated at a moment’s notice in the event of the oil slick approaching Florida’s coastline. One proposal is to undergo a ‘controlled burn’ of surface oil in the Gulf to prevent... »

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Latest Attempt by BP to Plug Oil Leak in Gulf of Mexico Fails

Saturday, May 29th, 2010

Effort to Plug Gulf Well Faces Another Setback By CLIFFORD KRAUSS and LESLIE KAUFMAN NYTimes.com May 29, 2010 HOUSTON — BP engineers failed again to plug the gushing oil well on Saturday, a technician working on the project said, representing yet another setback in a series of unsuccessful procedures the company has tried a... »

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Experts Puzzled at Red Gulf Oil Slick…This occurrence is highly unusual

Saturday, May 29th, 2010

SoftPedia.com One of the most defining traits of any oil spill is the fact that it’s black. The tar and crude cover the surface of land or water in a thin, black layer, which causes a lot of damage, and also gives the slick its characteristic look. But this does not appear to be... »

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Oil spill threatens ‘total destruction’

Saturday, May 29th, 2010

PressTV.ir Fri, 28 May 2010 The British Petroleum oil spill is threatening the entire eastern half of the North American continent with “total destruction,” reports say. An ominous report by Russia’s Ministry of Natural Resources warned of the impending disaster resulting from the British Petroleum (BP) oil and gas leak in the Gulf of... »

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No end in sight as Gulf oil spill hits Day 40

Saturday, May 29th, 2010

By Tom Bergin and Ed Stoddard Reuters.com NEW ORLEANS/VENICE, La., May 29 (Reuters) – The worst oil spill in U.S. history hit its 40th day on Saturday with Gulf residents clinging to the tenuous hope that BP’s complicated “top kill” operation will plug the gushing well. The tricky maneuver started on Wednesday and involves... »

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Euro plunges as Spain’s debt downgraded

Saturday, May 29th, 2010

Gráinne Gilmore TimesOnlineUK May 28, 2010 The euro plunged and US stock markets dived last night after Spain was stripped of its top-level credit rating by a leading rating agency over concerns about its economic growth. In the latest blow to the eurozone, which is struggling to cope with the fallout from the Greek... »

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Total War and ‘Civil Rights’

Saturday, May 29th, 2010

by William Norman Grigg LewRockwell.com “The Vendee is no more, my republican comrades…. The streets are littered with corpses which sometimes are stacked in pyramids. Mass shootings are taking place in Savenay because there brigands keep turning up to surrender…. ity is incompatible with the spirit of revolution.” ~ General François-Joseph Westermann, commander of... »

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A Preview of 2012?

Saturday, May 29th, 2010

80% Favor Auditing the Federal Reserve LewRockwell.com Eighty percent (80%) of Americans now agree with Congress that auditing the Federal Reserve Board is a good idea, according to a new Rasmussen Reports national telephone survey. Just nine percent (9%) oppose an audit of the Fed, and 12% more are not sure. This marks little... »

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2nd Iceland Volcano Issues Warning

Saturday, May 29th, 2010

2nd Iceland Volcano Issues Warning MSNBC.com LONDON – A second, much larger volcano in Iceland is showing signs that it may be about to erupt, scientists have warned. Since the start of the Eyjafjallajökull eruption, which caused cancellations of thousands of flights in Europe because of a giant ash cloud, there has been much... »

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