by: Rose Aguilar TruthOut.org Thursday 22 July 2010 When Louisiana residents ask marine toxicologist and community activist Riki Ott what she would do if she lived in the Gulf with children, she tells them she would leave immediately. “It’s that bad. We need to start talking about who’s going to pay for evacuations.” In... »
Archive for July 22nd, 2010
MAP OF THE DAY: What Happens When The Tropical Storm Bonnie Hits The Oil Spill?
Better start praying again Gus Lubin BusinessInsider.com Jul. 22, 2010 Tropical Depression Three is going to become Tropical Storm Bonnie sometime today. And guess where it’s headed. BP has already halted relief well drilling and evacuated all non-critical vessels from the area — and may soon evacuate everyone from the area. The well is... »
Quadrillion Dollar Debt: Deflation ‘Day of Reckoning’ Looms
By: EWI Market Oracle Jul 22, 2010 What Will Happen as $1,000,000,000,000,000 in Global Debt Winds Down? The biggest balloon in the world is deflating. This balloon had been inflated with a quadrillion (1015) dollars, which is to say: This balloon was filled not with air but with debt from around the globe. What... »
Economy set for triple whammy, admits Bank chief
Senior economist warns of deteriorating outlook Growth prospects hit hard by Osborne Budget Unemployment and inflation likely to soar. By Sean O’Grady IndependentUK Thursday, 22 July 2010 The British economy faces a triple whammy of higher inflation, lower growth and rising unemployment, according to one of the Bank of England’s most senior policy makers.... »
The Tax Tsunami On The Horizon
Investors.com 07/21/2010 Fiscal Policy: Many voters are looking forward to 2011, hoping a new Congress will put the country back on the right track. But unless something’s done soon, the new year will also come with a raft of tax hikes — including a return of the death tax — that will be real... »
The Democrats and Republicans have enthusiastically joined hands to create a global police/national security state-within-a-state of unimaginable reach and power.
“National Security:” A Global Police State-Within-a-State Charles Hugh Smith OfTwoMinds.com The Global War on Terrorism (GWOT) has spawned a national security “state-within-a-state” with essentially unlimited funding and support of America’s political machine. This National Security State has infected domestic policing and courts; it is both ubiquitous and completely unaccountable. The Democrats and Republicans have... »
Weather Channel warns residents “as the hurricane moves INLAND it will pick up particles of oil”; “Oil on electrical wires and trees”
Hurricanes and Oil: The Hurricane Alex Effect, Weather Channel, July 22, 2010: FloridaOilSpillLaw.com July 22nd, 2010 Raining Oil? As the hurricane moves inland it will pick up particles of oil. That will become part of the sea spray that moves inland with the storm. According to Chris Zappa, an oceanographer at Columbia University, we’re... »
PACK YOUR BAGS: CONGRESS CONFIDENCE AT 11%…(I can’t believe its that High!)
Congress Ranks Last in Confidence in Institutions Fifty percent “little”/”no” confidence in Congress reading is record high by Lydia Saad Gallup.com July 22, 2010 PRINCETON, NJ — Gallup’s 2010 Confidence in Institutions poll finds Congress ranking dead last out of the 16 institutions rated this year. Eleven percent of Americans say they have a... »
US Economic Outlook: Bad and Getting Worse
The Mogambo Guru GoldSeek.com Thursday, 22 July 2010 It was raining outside, and so I was stuck inside the house, listening to my family remind me that I was just a worthless, penny-pinching, hateful old man who loves gold, silver and oil more than I love them, which I hasten to add is not... »
Relief wells suspended, ‘Storm Packer’ inserted; “Could be two weeks before they can resume”
FloridaOilSpillLaw.com July 22nd, 2010 Ships ready to leave leaky well as storm brews, Associated Press, July 22, 2010 at 5:48 a.m.: Just days before the expected completion of a relief well designed to permanently throttle the free-flowing crude, the government’s spill chief said Wednesday that work was suspended. … If the work... »