Archive for July 7th, 2010

Mac Slavo SHTFPlan.com As the BP oil leak continues to gush into the Gulf, and the only solution being actively pursued seems to be relief wells that are about 30 days from completion, the nation is starting to wonder – what is really going on down there? The initial BP report at the time... »

AL.com Wednesday, July 07, 2010 NOAA nearshore surface oil forecast: Strong (20+ kts) southeasterly winds are expected to diminish to 11-14 kts by Wednesday evening, then remain between 7-13 kts from the SE and S for the remainder of this forecast period. Conditions for overflight observations remain poor. The coastlines of Mississippi, Alabama and... »

AL.com Wednesday, July 07, 2010 NEW ORLEANS — Oil from the ruptured well in the Gulf of Mexico is seeping into Lake Pontchartrain north of New Orleans, threatening another environmental disaster for the huge body of water that was rescued from pollution in the 1990s. The lake rebounded then to once again become a... »

FloridaOilSpillLaw.com Sanjay Gupta, CNN, July 6, 2010: Might BP be trying to hide the risk to cleanup workers? … Louisiana’s Health Department has reported 128 cleanup workers who have been sickened. State clinics are telling us something else as well, that cleanup workers are being told to report to BP’s own health clinic on... »

by Mike Adams NaturalNews.com Wednesday, July 07, 2010 Normally I would open this article by explaining this is the story the mainstream media won’t dare report. Except in this case, they are reporting it. It’s right on CNN, on the Anderson Cooper “360″ report. What happened is that Lance Rosenfield, a photographer working for... »

Mike Whitney SilverBearCafe.com Warning Signs From the Bond Market Bonds are signaling that the recovery is in trouble. The yield on the 10-year Treasury (2.97 percent) has fallen to levels not seen since the peak of the crisis while the yield on the two-year note has dropped to historic lows. This is a sign... »

By The Mogambo Guru TheDailyReckoning.com I did not hear it, but I read that Ben Bernanke, chairman of the satanic Federal Reserve, admitted that “Our nation’s fiscal position has deteriorated appreciably since the onset of the financial crisis and the recession.” Well, neither he nor the Federal Reserve are going to take any of... »

By Dakin Campbell Bloomberg.com Citigroup Inc., State Street Corp. and U.S. Bancorp are among U.S. banks whose municipal bond holdings have reached a 25-year high just as state budget deficits swell to $140 billion, the most since the start of the recession. Commercial lenders added more than $84 billion to their holdings since 2003,... »

by Gary North LewRockwell.com The black swan is the foo bird of modern Keynesianism. It is a threat only because of central bank fiat money and commercial bank leverage. In a recent report, “China: What Rhymes with ‘Crash’?” I wrote this: China is not an accident waiting to happen. It is a government-engineered disaster... »

Santa and Frank by Thomas Sowel JWR.com People who remember the old comic strip “Peanuts” will recall an often repeated situation where Lucy offers to hold a football for Charlie Brown to kick. Then, as Charlie coming running up to kick it, Lucy snatches away the ball and Charlie Brown loses his balance and... »