by Phoenix Capital Research ZeroHedge.com 06/13/2012 The big news that the markets are attempting to digest this week is the €100 billion Spanish bailout. This action and the upcoming Fed FOMC meeting on June 19-20 will dictate the market’s action over the next two weeks and possibly for the remainder of the year. The... »
Archive for June 13th, 2012
Experts warn of possible catastrophe at Japan reactor
TheHindu.com TOKYO, June 13, 2012 Some nuclear experts are warning that spent fuel rods at a damaged plant in Japan could trigger a major catastrophe despite the government’s declaration in December that the emergency phase of the nation’s worst nuclear disaster was over. Fifteen months after a magnitude-9 earthquake and tsunami struck the Fukushima... »
Fukushima Woman to Officials: I started to suffer from various health problems one after another since last June — “Exactly the same as those found in villages around Chernobyl” (VIDEO)
By ENENews June 12th, 2012 Women’s “Die-In” against the Restart of Ooi Nuke Plant Published by tokyobrowntabby2 Translation and captioning by tokyobrowntabby Original video by OurPlanet-TV Video editing by sievert311 Published June 10, 2012 Filmed June 7, 2012 On June 7, 2012, about 70 women including 10 women from Fukushima did a “die-in” in... »
“A crisis on the scale of the Second World War for Japan” if Tokyo evacuated after Fukushima
By ENENews June 13th, 2012 Diary: In Fukushima London Review of Books, Vol. 34 No. 9, pages 35-37 Rebecca Solnit May 10, 2012 Around the time of the anniversary it emerged that, early on, the prime minister had looked at the possibility of evacuating Tokyo. But you cannot evacuate a city of 35... »
Should We Let Law Enforcement Drone On and On?
Domestic shock-and-awe is now becoming par for the course. A. Barton Hinkle Reason.com Virginia Gov. Bob McDonnell thinks the use of unmanned aerial drones for domestic law enforcement is—his word—”great.” As he told WTOP radio in Washington recently, “ cuts down on manpower in the air, and also more safe. That’s why we... »
We Are Within Months of This Crisis Blowing Wide Open
KingWorldNews.com June 13, 2012 Four-decade veteran John Hathaway told King World News, “we are within months … from this thing blowing wide open. When that happens, money will look to find whatever it can in order to participate.” The prolific manager of the Tocqueville Gold Fund also said, “I think at that stage you... »
Euro-zone Slow Motion Bank Run, Spain Bailout
By: Mike Whitney Market Oracle Jun 13, 2012 “The burden of recapitalizing insolvent banks or loss-making acquisitions of solvent banks will fall on Spanish citizens.” – Karl Whelan, economist at University College, Dublin. Before EU finance ministers approve the 100 billion euro bailout for Spain, they might want to ask themselves one question: Will... »
SocGen’s Albert Edwards On Spain: “A Bailout Will Solve Nothing”
by Tyler Durden ZeroHedge.com 06/13/2012 SocGen’s Albert Edwards reflects that we have a lot to learn from Japan’s Lost Decade as a prequel to the current chaos the global macro-economy is undergoing. Drawing on work by Peter Tasker, Edwards notes the similar-to-current-Euro-thinking consensus view in Japan was that their banks were at the center... »
Greeks pull $1 billion out of banks and stock up on food prior to destiny-shifting election
TheExtinctionProtocol.com June 13, 2012 ATHENS – Greeks pulled their cash out of the banks and stocked up with food ahead of a cliffhanger election on Sunday that many fear will result in the country being forced out of the euro. Bankers said up to 800 million euros ($1 billion) were leaving major banks daily... »
U.S. Cities Embrace Software To Automatically Detect “Suspicious” Behavior
By Ryan Gallagher Slate.com June 11, 2012 San Francisco is set to become the latest U.S. city to invest in software, created by Texas-based BRS Labs, that monitors and memorizes movements as they are captured on security cameras. The software, AISight, watches footage in real-time and—like a human would—learns to understand, detect, and report... »