by Tyler Durden ZeroHedge.com 05/23/2011 Last week David Stockman was on Tom Keene, making the usual media rounds (sometimes we marvel at his patience and endurance), as one of the few voices of fiscal prudence available to TV producers who seek to hold a balanced debate on the topic of US insolvency. Today, Reagan’s... »
Archive for May 23rd, 2011
David Stockman: “Both Parties And The White House Are Advocating A US Default”
How weather is hurting 2011 crops so far
AFBF’s Johnna Miller and AFBF chief economist Bob Young Naturalresourcereport.com May 22, 2011 Johnna Miller: From wet weather and floods to drought and wildfires, Mother Nature has put farmers behind schedule with spring planting. Bob Young: If the weather is exactly perfect from here on out we can probably recover and things will be... »
Why oil prices will spike again soon
By Colin Barr CNNMoney.com May 23, 2011 How long till the next oil shock? Energy prices have been coming down this spring as fears of a Middle East blowup fade. But persistent global demand, tepid supply growth and easy money mean it may not be long till the next damaging spike, Goldman Sachs economists... »
Yellowstone National Park is moving
by: Brent Hunsaker ABC4.com YELLOWSTONE NATIONAL PARK, Wyoming (ABC 4 News) – The nation’s oldest park is also one of the most studied. The interest is not just in it’s amazing vistas and wildlife, but in the volcanic beast below the park. Yellowstone sits atop one of the world’s biggest, active volcanoes, one capable... »
Watch Out! Feds Could Seize Your Private Retirement Savings
By Greg Brown NewsMax.com How long before Uncle Sam hits private pensions to balance the public budget? It’s quickly becoming a reasonable question to ask. Treasury Secretary Timothy Geithner is ringing alarm bells across Washington, D.C., warning of a disastrous outcome if an agreement to raise the debt ceiling is not made soon. “A... »
Coming to Indiana: Random house-to-house searches by police with no warrants, no cause
by: Ethan A. Huff NaturalNews.com Monday, May 23, 2011 In the wake of the recent ruling by the Indiana Supreme Court in the case of Barnes V. STATE of INDIANA that states citizens have no right to resist unlawful police entry into their homes (even though the Fourth Amendment to the US Constitution says... »
Disney Star Wars Ride Gets Its Own TSA Checkpoint
Complete with naked body scanners and abusive TSA agent droids Steve Watson & Paul Joseph Watson Prisonplanet.com May 23, 2011 A Star Wars ride at Disneyworld in Orlando has been equipped with a TSA style checkpoint complete with naked body scanners and authoritarian security agents. Of course, it’s a “joke”, the scanners are not... »
Two Nuclear Reactors Were Damaged by the Earthquake, BEFORE the Tsunami Hit … and the Entire Nuclear Reactor Design Is Flawed
by George Washington ZeroHedge.com 05/23/2011 Bloomberg reported last week: A radiation alarm went off at Tokyo Electric Power Co.’s Fukushima nuclear power plant before the tsunami hit on March 11, suggesting that contrary to earlier assumptions the reactors were damaged by the earthquake that spawned the wall of water. A monitoring post on the... »
What Happens If Melted Cores Eat Through Reactor Vessels?
Decay heat in Fukushima reactors by David Wright All Things Nuclear.org MAY 22, 2011 As we noted last week, the Tokyo Electric Power Company (TEPCO) announced it believes the fuel in Fukushima Daiichi reactor 1—and possibly reactors 2 and 3—has melted and is sitting in a lump at the bottom of the reactor vessel.... »
Japan Admits More Radiation Leak From MOX 3 Into Pacific
Japan reports more radiation leakage UPI.com May 22, 2011 At least 250 tons of radioactive water spilled into the Pacific Ocean from Japan’s earthquake-damaged Fukushima nuclear power plant, officials said. The Tokyo Electric Power Co. said the radiated water leaked for 41 hours beginning May 10 from the No. 3 reactor at the site,... »