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30 March, 2011

Private Corporation Official Admits Impending U.S. Bankruptcy

Private Corporation Official Admits Impending U.S. Bankruptcy | Opinion Maker: "A complete anomaly by an individual that heads the monolithic private puppeteer organization that controls the entire wealth values assets and labor of ‘We the People.’ Announces fears of dire consequences. REALLY!!!!! what great timing.

Richard W. Fisher, President and Chief Executive Officer, Federal Reserve Bank of Dallas parrots to the world of U.S. impending bankruptcy, war expenditures, and terrorism in the homeland. Fisher is the former vice chairman of Kissinger McLarly a strategic advisory firm chaired by former Secretary of State Henry Kissinger. Kissinger war criminal extraordinaire author of 'useless eaters,' and 'useful idiots' referring to American citizenry..."


The Emergency Internet Bunkers

The emergency internet bunkers | Analysis | Features | PC Pro: "... A high point on the Iowa plains is home to a handful of buildings.

Whitewashed and nondescript, only the mast beside them hints at their former use. Built at the height of the Cold War, these are the access points to a hardened underground bunker; a hidden world of reinforced doors, concrete floors 5ft thick and walls lined with welded-seam steel to reflect the electromagnetic pulse of a thermonuclear explosion.

Once a critical hub in the US Government’s communications network, the bunker formed part of a chain of underground transmission sites. Now it’s home to the USSHC, also known as the US Secure Hosting Center...

... The vault doors that seal off the silo were built to withstand the blast effects, heat and 800mph-plus winds of a 20-megaton nuclear blast, but the technology they now protect was barely dreamt of when they first swung open...

... Man-made conflict is only one of the risks against which USSHC considers itself immune. The site where it sits is more than two miles from – and 200m above – the nearest flood plain.

It has two wells and a large enough water-storage facility to keep running water for a fortnight in the unlikely event they should both run dry..."


Review: Conor Horgan’s ‘One Hundred Mornings’

Conor Horgan’s ‘One Hundred Mornings’ - NYTimes.com: "Playing like balm to the soul of anyone quivering from too many overworked, over-agitated multiplex experiences, Conor Horgan’s “One Hundred Mornings” uses an apocalyptic event as a springboard into the human psyche.

Set in and around a midsize cabin in the verdant Irish countryside, this intelligent, delicate debut observes the shifting relationships of its four adult inhabitants. An unexplained recent catastrophe has left them without telephone, electricity or fuel, and though Dublin is within walking distance, the roads are unsafe. Jonathan (Ciaran McMenamin) is resigned and withdrawn, his wife, Hannah (Alex Reid), nervous and chafing at the unwanted proximity of their guests (Rory Keenan and Kelly Campbell). Their sole neighbor, an unwaveringly self-interested survivalist (Robert O’Mahoney), has a firmer grasp on the every-man-for-himself new order, but soon the others will be forced to catch up.

Positioned on the cusp of a dying civilization, 'One Hundred Mornings' shows people still bound by rules — like deference to a couple of essentially useless local cops — while coming to terms with an unspeakable future. Packing reams of information into a minimalist screenplay (as an added novelty, the female characters are, if anything, more complex than their male counterparts), the film slowly subordinates sex, death and basic decency to the terrors of a dwindling food supply.

Leavening the rather grim atmosphere with luminous earth tones (photographed by Suzie Lavelle) and a smidgen of wry humor, this low-budget beauty draws you in. With neither zombies nor cannibals to hold our attention, Mr. Horgan relies on a single question: When society breaks down, how quickly does our humanity follow?"


'Superbug' Spreading to Southern California Hospitals

'Superbug' spreading to Southern California hospitals | L.A. NOW | Los Angeles Times: "A dangerous drug-resistant bacterium has spread to patients in Southern California, according to a study by Los Angeles County public health officials.

More than 350 cases of carbapenem-resistant Klebsiella pneumoniae, or CRKP, have been reported at healthcare facilities in Los Angeles County, mostly among elderly patients at skilled-nursing and long-term care facilities, according to a study by Dr. Dawn Terashita, an epidemiologist with the Los Angeles County Department of Public Health.

It was not clear from the study how many of the infections proved fatal, but other studies in the U.S. and Israel have shown that about 40% of patients with the infection die..."


28 March, 2011

The Road of Inflation Will Only End in Tears

The Road of Inflation Will Only End in Tears | International Forecaster Weekly : "... Cycles and booms and busts just don’t happen. They are planned that way. In the late 1990s Fed Chairman Alan Greenspan commented on irrational exuberance and said he hoped the market would cool down. The amount of money and credit he had introduced into the system had a great deal to do with a forming of a bubble. He indicated that on the short-term there was little he could do about it, when all he had to do was raise margin requirements from 50% to 60% temporarily. We wrote about the solution as a coupe of other writers did, but no one really wanted to take away the dotcom punchbowl. In late March of 2000 the market began its collapse...

... Sir Alan Greenspan spent almost 20 years serving his masters who own the Federal Reserve, JPMorgan Chase, Goldman Sachs, Citigroup and many more. The Fed has no independence – it takes orders from these banks and brokerage houses. This same group controls Congress by paying off 95% of the representatives and senators via campaign contributions and via lobbying. Thus, with the assistance of the Fed, Wall Street and banking, they not only control money, supply, credit, interest rates and Washington, but they control our entire economic and financial scene and the lives of every American. Booms and bubbles can be blamed on politicians, but the real culprits behind the scenes are Wall Street and banking... Our whole existence as a nation is controlled from behind the scenes by parsonages and groups most people have never heard of. All of what you see just didn’t happen; it was planned that way. People must understand that creating money out of thin air to fund astronomical deficits has to end in failure and ruin. We are now in an inflationary depression that will probably graduate into hyperinflation and then descend into a deflationary depression. This is what these elitists have done for centuries and have more often than not gotten away with it..."


Severed From the World, Villagers Survive on Tight Bonds and To-Do Lists

Severed From the World, Villagers Survive on Tight Bonds and To-Do Lists - NYTimes.com: "The colossal wave that swept away this tiny fishing hamlet also washed out nearby bridges, phone lines and cellphone service, leaving survivors shivering and dazed and completely cut off at a hilltop community center.

With no time to mourn for their missing loved ones, they were immediately thrust into the struggle to stay alive in the frigid winter cold, amid a hushed, apocalyptic landscape of wrecked homes, crushed vehicles and stranded boats. They had scant food and fuel and no news from the outside world — not even the scope of the devastation..."


The Dollar Will Collapse Within 3-4 Months

The Dollar Will Collapse Within 3-4 Months | zero hedge: "The US Dollar's inflationary death spiral continues. We've now taken out the 2010 low leaving only two more lines of support before we're in completely uncharted territory.

At its current rate of collapse, the US Dollar will do this within the next 3-4 months. This means the greenback will break into a new all-time lows by 2H11, which will precipitate the coming inflationary collapse.

Small wonder then that both Gold and Silver recently hit new highs for their current bull markets. With the greenback dropping like a rock, and rumors of QE 3 swirling around the financial community, what sane investor would bet against inflation?..."


Emergency Plans in Louisville Raise Eyebrows

Emergency plans in Louisville raise eyebrows - Boulder Daily Camera: "Language in Louisville's proposed emergency response plan, which would give the city the power to 'commandeer private property' and 'seize' buildings in a crisis, has given several of the city's elected leaders pause.

The emergency ordinance, which was supposed to have gotten an up or down vote earlier this month, was instead tabled until April so that the council can figure out how it wants to deal with what one member called the measure's 'stark' language.

'I think any time you talk about government seizing private property -- that's not something I'm comfortable with,' Councilman Bob Muckle said Tuesday.

Muckle said he understood that in extraordinary circumstances, extraordinary measures must be taken, but he said he wants to hear from the police chief and other city staff on exactly how they envision implementing Louisville's emergency measures..."


25 March, 2011

Surviving a Societal Breakdown

Surviving a Societal Breakdown: "'…little electricity or gasoline…' reports an eyewitness from The Washington Post, visiting Sendai, Japan. 'Nearly all restaurants and shops are closed…roads blocked…supplies depleted…the devastation is catastrophic.'

'Fuel almost non-existent…survivors will spend a fourth night in near freezing temperatures without food or water…'

We were elaborating on the benefits of having a family stronghold…a retreat…a bolthole somewhere. When the going gets tough, you need a tough place to go to.

Oh yes…dear reader…the world is a dangerous place. Just so far this year, we’ve seen two big blow-ups – one in the Arab countries…the other in Japan.

Neither was expected. What’s next?

Obviously, we don’t know. If it’s a big, nasty surprise, we hope we’re not here in Bethesda, Maryland, when it comes.

Why? Because the supermarkets would be cleaned out in minutes…the gas stations would run dry…and we’d be trapped in a hostile environment. We’re only here temporarily, while our youngest son finishes high school nearby. We have no family. Few friends. And none of the deep roots you need to survive a prolonged period of crisis and breakdown. Here, we are just anonymous passers-by… We would have to depend on the kindness of strangers and the competence of government officials.

What do you need to survive a disaster? First, you need access to water. As we’ve seen in Japan, even the most developed and sophisticated infrastructure in the world can collapse when it is struck by an earthquake and a tsunami. Public water pipes break. It can take weeks or months to replace them – assuming the government and local utilities are still functioning.

That’s why it’s a good idea to have your own private source of water – a spring, a well, a small, clean stream. Failing that, you should have enough water stocked up to last at least a couple weeks.

Then, you need to worry about food. How long could you live on what is in your refrigerator? We could make it for about 24 hours. Then, it would be slim pickings. And what if the supermarket were closed? What if the 7-11 were stripped bare? What if trucks couldn’t make deliveries?

Well, surely the president would call out the National Guard. Yes, if everything is working as it should…and the National Guard doesn’t have more important things to worry about.

Just as a precaution, you should maintain a stock of canned goods and dried food. Enough to last two weeks is the minimum. A month is better. Then, rotate your stock – don’t leave it untouched for so long it goes bad.

Having an inventory of basic foodstuffs and water is essential. It will keep you calm. You won’t be in desperate straits. It will give you time to carefully assess the situation..."


Sprouts: An Ideal Emergency Preparedness Food

Sprouts: An ideal emergency preparedness food: "Given the rapidity with which critical global events are unfolding, preparedness just makes good sense. The question isn't whether or not to be prepared - it's what to be prepared for? Earthquakes, nuclear accidents, tsunamis, power outages and gasoline shortages have been on this week's menu. Each, of course, has its own specific type of preparedness protocols. But, no matter what kind of unexpected event looms large, there is always a need for food. Food shortages could result from any of the aforementioned potential scenarios, as well as from any number of scenarios that I haven't mentioned. There are any number of ways to approach food shortage preparedness, but my preferred method is sprouts! Sprouts are, in my mind, the number one, perfect survival ration. I think that sprouting seeds belong in every household's emergency kit. Let's look at some of the reasons that I think this.

First of all, sprouting seeds have a long storage life. Sprouting seeds can be stored up to four years at a stable temperature of 70 degrees F. They are small and lightweight and, thus, don't take up vast amounts of storage space. You can buy them already prepared for storage or simply buy them in bulk from any reputable health food store and put them in airtight, waterproof storage containers yourself...

... The next reason that I think sprouts are ideal emergency rations is their rich, digestible energy, bioavailable vitamins, minerals, amino acids, proteins, beneficial enzymes and phytochemicals... Once germinated, sprouts provide a good supply of vitamins A, E & C plus B complex. Like enzymes, vitamins serve as bioactive catalysts to assist in the digestion and metabolism of food and the release of energy. They are also essential for the healing and repair of cells. During World War II, considerable interest in sprouts developed as a result of an article written by Dr. Clive M. McKay, Professor of Nutrition at Cornell University. Dr. McKay opened his article with this dramatic announcement: 'Wanted! A vegetable that will grow in any climate, will rival meat in nutritive value, will mature in 3 to 5 days, may be planted any day of the year, will require neither soil nor sunshine, will rival tomatoes in vitamin C, will be free of waste in preparation and can be cooked with little fuel and as quickly as a ... chop.' Well, there you have it!..."


The Psychology of Disaster

The Psychology of Disaster: "Fortunately, for most of us, we learn about disasters through movies or books and not direct experience. These renditions are dramatic snapshots of lives, events, and heroism, but rarely do they show us the long-term impact of disasters on wildlife, psychology, culture, environment or finance.

While much has been written in the field of psychology about resilience, the disaster environment provides an active and ongoing opportunity to reframe, reorganize and construct new meaning in a compressed timeline. In Japan, the disruption they face challenges, as a society, their capacities to respond to widespread loss of human life, environmental devastation and infrastructure. The sheer magnitude of the natural and man-made catastrophe boggles the mind for those of us who are, for the present, frozen bystanders. While we may share some of the intense anxiety and fear, we cannot grasp the full impact, both physiologically and psychologically to this country..."


North Carolina May Issue Gold Tender

Mike Mazzeo - The Free World Blog: "Cautioning that the federal dollars in your wallet could soon be little more than green paper backed by broken promises, state Rep. Glen Bradley wants North Carolina to issue its own legal tender backed by silver and gold.

The Republican from Youngsville has introduced a bill that would establish a legislative commission to study his plan for a state currency. He is also drafting a second bill that would require state government to accept gold and silver coins as payment for taxes and fees.

If the state treasurer starts accepting precious metals as payment, Bradley said that could prod the private sector to follow suit - potentially allowing residents to trade gold for groceries..."


24 March, 2011

Gas, Food Prices Double Whammy for Rural Families

Gas, food prices double whammy for rural families - BostonHerald.com: "... with food prices up nearly 4 percent last month — the biggest leap in 36 years — and the national average for a gallon of gas at a whopping $3.57, this economic double-whammy is stretching family budgets to the breaking point..."


Armed Beauty Queen Fatally Shoots Intruder in Florida Home Invasion

Armed Beauty Queen Fatally Shoots Intruder in Florida Home Invasion - FoxNews.com: "When a burly ex-convict forced his way into a posh Florida home last week, he had no idea what awaited him -- a 25-year-old beauty queen with a pink .38-caliber handgun.

Meghan Brown, a former Florida pageant queen, shot and killed 42-year-old Albert Franklin Hill during a home invasion March 12 at the 2,732-square-foot house she shares with her fiance in Tierra Verde, Fla.

Hill barged into the home at around 3 a.m. after Brown responded to a knock at the front door, according to a police report. He allegedly grabbed the 110-pound Brown around her nose and mouth and dragged her to an upstairs bedroom.

The woman’s fiance, Robert Planthaber, said in an interview that he was quickly awakened by the altercation and ran to Brown’s side.

'I attacked him and took a severe beating to the head,' Planthaber told FoxNews.com. 'But I got him off of her long enough for her to scramble to the room where she keeps her pink .38 special.'

Brown, who reigned as the 2009 Miss Tierra Verde, snatched her gun from a nearby bedroom and shot the suspect several times – hitting him in the chest, groin, thigh and back, her fiance said. Hill was pronounced dead at the scene..."


Tokyo Tap Water Not Safe for Infants

Tokyo tap water warning for infants - latimes.com: "Infants in Tokyo and five surrounding cities should not be allowed to consume tap water, the city's government said Wednesday after elevated levels of radioactive iodine from a crippled nuclear plant were detected at a water treatment plant.

Japanese Prime Minister Naoto Kan urged consumers not to eat a dozen types of contaminated vegetables from the region surrounding the nuclear facility 150 miles northeast of the capital and also expanded a shipment ban.

Water tests in Tokyo found levels of radioactive iodine 131 at 210 becquerels per liter Tuesday and 190 becquerels per liter on Wednesday morning, about double the level of 100 becquerels per liter deemed safe for children under the age of 1. A level of 300 becquerels per liter is considered safe for adults..."


Oil Tops $105 Per Barrel

Oil tops $105 per barrel - Yahoo! Finance: "Oil prices pushed above $105 per barrel Tuesday, as traders focused on a series of international crises that could tighten global supplies at a time when consumption is expected to increase...

... Energy economists continued to gauge how recent unrest in Libya, Bahrain, Yemen and Syria will affect exports from a region that produces 27 percent of the world's oil. Libya, which sits on the largest oil reserves in Africa, has almost totally stopped petroleum shipments as rebels battle pro-Gadhafi troops. The addition of international forces, including the U.S., could mean that the country will be embroiled in a protracted conflict that will keep oil fields offline much longer than previously expected, energy experts said.

In Yemen, embattled President Ali Abdullah Saleh pledged to step down more than a year early, but his refusal to leave immediately infuriated tens of thousands of demonstrators. Yemen is an important transfer point for global oil supplies...

... Iraq's new oil minister said Tuesday that he expects oil to reach $120 a barrel. Iraq produces about 2.4 million barrels of oil per day..."


22 March, 2011

Quantitative Easing Is The End Of America As We Know It

Guest Post: QE Is The End Of America As We Know It | zero hedge: "... To put it succinctly, QE is an economic deal with the Devil. Once it is begun in earnest there can be no turning back. It must be played to its ultimate conclusion.

In Bernanke’s 2009 interview on 60 Minutes, he suffered a momentary lapse into honesty and stated that Quantitative Easing was effectively money printing. So why then the complicated euphemism of Quantitative Easing? Because that is what modern central banking sponsored economics is all about – the intentional obfuscation of otherwise simple economic principles to cause the eyes of normal people to glaze over. Once accomplished, the central bankers (and their financial community brethren) are able to pursue policies that greatly benefit themselves but are devastating to everyone else..."


Japan Quake Shakes U.S. Treasury Bond Market - Get Ready for Financial Meltdown

Japan Quake Shakes U.S. Treasury Bond Market Get Ready for Financial Meltdown :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website: "Beyond its tragic human consequences, the terrible disaster that has just hit Japan weakens the shaky US Treasury Bond market a little more... our team had already explained how the sequence of Arab revolutions, this fall of the “petro-dollar” wall, would translate during 2011 into the cessation of the massive purchases of US Treasury Bonds by the Gulf States... we anticipate that the sudden shock experienced by the Japanese economy will lead not only to the halt in US T-Bond purchases by Japan, but it will force the authorities in Tokyo to make substantial sales of a significant portion of their US Treasury Bond reserves to finance the enormous cost of stabilization, reconstruction and revival of the Japanese economy.

With Japan and the Gulf States alone accounting for 25% of the total 4.4 trillion USD of US federal debt (December 2010), LEAP/E2020 believes that this new situation which is asserting itself during the first quarter of 2011, against a background of China’s increasing reluctance (holding 20% of US Treasury Bonds) to continue to invest in US government debt, carries the seeds for the collapse of the US Treasury Bond market in the second half of 2011, a market that now has only a single buyer: the US Federal Reserve..."


World Energy Crunch As Nuclear And Oil Both Go Wrong

World energy crunch as nuclear and oil both go wrong - Telegraph: "Libya's civil war has cut global crude supply by 1.1m barrels per day (bpd), eroding Opec's spare capacity to a wafer-thin margin of 2m bpd, if Goldman Sachs is correct.

Now events in the Gulf have turned dangerous after Saudi Arabia sent troops into Bahrain to help the Sunni monarchy crush largely Shi'ite dissent, risking a showdown with Iran.

Russia's finance minister Alexei Kudrin warned on Wednesday that the confluence of events in Japan and the Mid-East could push oil to $200 a barrel in a 'short-lived' spike, which would snuff out global recovery.

While there has been no loss of oil output in the Gulf so far, the violent crackdown in Manama on Wednesday left four people dead and risks inflaming the volatile geopolitics of the region. The rout of protesters encamped at the Pearl roundabout had echoes of China's Tiananmen massacre.

The risk group Exclusive Analysis said such heavy-handed methods may provoke Iran to launch a proxy war by arming insurgents. This could rapidly cross the border, fuelling Shia irredentism in Saudi Arabia's Eastern Province. Any threat to Saudi control over the 5m bpd Ghawar oil field nearby would be a global 'game-changer'. 'Much worse headlines can easily be imagined'..."


U.S. Approaching Insolvency, Fix To Be 'Painful'

U.S. Approaching Insolvency, Fix To Be 'Painful': Fisher - CNBC: "The United States is on a fiscal path towards insolvency and policymakers are at a 'tipping point,' a Federal Reserve official said on Tuesday.'If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,' Dallas Federal Reserve Bank President Richard Fisher said...

... Fisher added that the U.S. Federal Reserve had ways to tighten its monetary policy other than interest rates, including by selling Treasurys, changing reserves levels and using time deposits.

He added that he does not support the Fed embarking on an additional round of quantitative easing..."


21 March, 2011

House-Size Asteroid Zooms Close by Earth

House-Size Asteroid Zooms Close by Earth - FoxNews.com: "An asteroid the size of a house zoomed by Earth Wednesday, flying within the orbit of the moon just one day after astronomers spotting the space rock in the sky, NASA says.

The small asteroid 2011 EB74 was about 47 feet across and posed no threat of hitting Earth, since it was too small to survive the trip through the planet's atmosphere.

Instead, the asteroid passed our planet at a comfortable distance of about 203,000 miles when it made its closest approach at 5:49 p.m. EDT, NASA officials said.

For comparison, the average distance between the Earth and the moon is about 238,000 miles..."


Japan Crisis: 'There’s no food, tell people there is no food’

Japan crisis: 'There’s no food, tell people there is no food’ - Telegraph: "The unshaven man in a tracksuit stops his bicycle on the roadside and glances over his shoulder to check that he is unobserved. Satisfied, he reaches quickly into the sludge-filled gutter, picks up a discarded ready-meal and stuffs it into a plastic carrier bag.

In another time, another place, Kazuhiro Takahashi could be taken for a tramp, out scavenging for food after a long night on the bottle. In fact, he is just another hungry victim of Japan’s tsunami trying to find food for his family.

'I am so ashamed,' says the 43-year-old construction worker after he realises he has been spotted. 'But for three days we haven’t had enough food. I have no money because my house was washed away by the tsunami and the cash machine is not working.'

If his haul wasn’t so pitiful — his bag had two packets of defrosted prawn dumplings and a handful of vacuum-packed seafood sticks inside — Mr Takahashi might be taken for a looter. But in the port town of Ichinomaki, 200 miles north of Tokyo, his story is disturbingly common.

Japan might be a rich country, but a week after the tsunami struck it is struggling to feed and house the victims adequately..."


Wholesale Prices Rise 1.6 pct. Due to Biggest Jump in Food Costs in More Than 36 Years

GLOBAL POLITICAL AWAKENING: Wholesale prices rise 1.6 pct. due to biggest jump in food costs in more than 36 years: "Wholesale prices jumped last month by the most in nearly two years due to higher energy costs and the steepest rise in food prices in 36 years. Excluding those volatile categories, inflation was tame.

The Labor Department said Wednesday that the Producer Price Index rose a seasonally adjusted 1.6 percent in February -- double the 0.8 percent rise in the previous month. Outside of food and energy costs, the core index ticked up 0.2 percent, less than January's 0.5 percent rise.

Food prices soared 3.9 percent last month, the biggest gain since November 1974. Most of that increase was due to a sharp rise in vegetable costs, which increased nearly 50 percent. That was the most in almost a year. Meat and dairy products also rose.

Energy prices rose 3.3 percent last month, led by a 3.7 percent increase in gasoline costs."


18 March, 2011

U.S., U.K. Pull Search Teams Out Of Japan As TEPCO Admits Situation Is "Severe"

US, UK Pull Search Teams Out Of Japan As TEPCO Admits Situation Is "Severe" | zero hedge: "Earlier today we received an email from one of our readers aboard the aircraft carrier group off Japan performing evacuation efforts for US citizens in Japan, that it had turned around and is now going back. While we are trying to validate this, we have just noticed breaking news from Sky News that US and UK search teams are pulling out of Japan tomorrow. We were wondering what may have brought about this (so far unconfirmed) evacuation of the evacuators until we saw the next breaking news from Sky News: 'Japan Admits Nuclear Problem Is 'Severe'' - 'This is a severe incident that is occurring right now,' the spokesman said at a news conference. 'We have vented and used seawater as cooling, followed the accident management plan but this is a very severe operation.' The admission comes as plant operator Tokyo Electric Power Co (Tepco) continues attempts to stop the six-reactor Fukushima 1 complex from going into nuclear meltdown. 'We have to keep cooling the fuel so it doesn't reach criticality,' the Tepco spokesman said, adding that radiation levels have barely fallen at the site.' Translation: if operation 'Irrigation' fails, TEPCO itself confirms the chance of a critical reaction in the nuclear fuel is very high. Which of course would explain why everyone who knows more than the average peasant who just watches manipulated media, is getting the hell out of dodge...

... The head of the U.S. Nuclear Regulatory Commission, Gregory Jaczko, said he believes the situation is more serious than the Japanese government is letting on.

Mr Jaczko warned water in reactor 4's cooling pool may have run dry and a second reactor could be leaking - something experts say could accelerate the release of radiation


Tokyo Passengers Trigger U.S. Airport Detectors, N.Y. Post Says

Tokyo Passengers Trigger U.S. Airport Detectors, N.Y. Post Says - Bloomberg: "Radiation detectors at Dallas-Fort Worth and Chicago O’Hare airports were triggered when passengers from flights that started in Tokyo passed through customs, the New York Post reported.

Tests at Dallas-Fort Worth indicated low radiation levels in travelers’ luggage and in the aircraft’s cabin filtration system; no passengers were quarantined, the newspaper said.

Details of the incident at O’Hare weren’t immediately clear, the Post said."


Alert: Nuclear (And Economic) Meltdown In Progress

Guest Post: Alert: Nuclear (And Economic) Meltdown In Progress | zero hedge: "It is with a heavy heart that I am now issuing the highest level alert to my readers than I have to date. The threshold for an alert is one or more world events that personally cause me to take action...

... The substance of this alert centers on the unknown aftershocks that may result from the world's third largest economy, Japan, rapidly shifting from an exporter of funding to a consumer of it. In situations like these, we are by definition operating with incomplete and often confusing information, and events are developing more rapidly than they can be fully analyzed and internalized. We regret in advance any mistakes that we might make due to making calls and decisions in this highly fluid environment.

This alert warns you that major world-changing events are now underway and that your personal preparations for an uncertain future should either be completed or take on a new sense of urgency. On the basis of the information contained here and in the past two days of posts, I am personally ratcheting up my preparations, making purchases, and topping off what needs to be topped off..."


17 March, 2011

Mandatory Spending to Exceed all Federal Revenues — 50 Years Ahead of Schedule

Mandatory Spending to Exceed all Federal Revenues — 50 Years Ahead of Schedule | The Weekly Standard: "We have now gotten to the point...where if national defense, interstate highways, national parks, homeland security, and all other discretionary programs somehow became absolutely free, we’d still have a budget deficit. The White House Office of Management and Budget projects that in the current fiscal year (2011), mandatory spending alone will exceed all federal receipts. So even if we didn’t spend a single cent on discretionary programs, we still wouldn’t be able to balance our budget this year — let alone pay off any of the $14 trillion in debt that we have already accumulated..."


The Rule of Gold after the Financial Collapse

The Rule of Gold after the Financial Collapse: "... The condition of the global financial banking system is untenable. The aggregate amount of debt worldwide is anyone’s guess. The introduction of derivatives and counter claims pushes the chain of obligations into the unknown. All that is left is for central banks to create mountains of uninterrupted counterfeit money to roll over and delay the inevitable. The IMF chart of World Currency Reserve is a skyrocket line to oblivion. It does not reflect a healthy stockpile of treasure, but certainly manifests a new debt machine running to infinity...

... So how much gold is there above ground?

Total 165,600 metric tons above ground stock

1 metric tonne = 32,150.746 Troy ounces

Total 5,324,163,537 Troy ounces

Price Quote at $1,424.00 per ounce

Total value in U.S. Dollars = 7 Trillion, 581 Billion, 608 Million, 876 Thousand and 688 Hundred Dollars of all gold worldwide.

Since the US Mint reports that Fort Knox stores 147.3 million troy ounces, current redemption in U.S. Federal reserve notes would be approximately $366,261,298,432. That is a drop in the bucket against the outstanding Federal obligations, which exceed world GDP...

... If all the gold in the world has a current value of less than eight trillion dollars, how much could be bought by the Forbes 2011 Billionaires List, which breaks two records: total number of listees (1,210) and combined wealth ($4.5 trillion). How much do they already own?

What is never disclosed in official statistics of wealth ownership are the names of the true underworld bosses of the global controllers. The shadow manipulators conceal the extent of their money hordes. Most public lists painstakingly omit the master criminals. Their plan is to buy real assets with counterfeit notes obtained through illicit profits from rigged markets and phony financial derivative instruments.

When the banking system finally collapses with mathematical certitude from the burden of compound interest, these same crooks will be prepared to provide a specious substitute...

... A most revealing fact is that central banks and governments do not possess the bulk of gold supplies. The World Gold Council publishes an astounding pie chart, 83% of above ground stocks are in the hands of industry, investment and jewelry concerns. This overwhelming percentage points to an alternative to the fiat paper debt created banking tyranny.

Only individual ownership of gold, directly in your own possession can preserve any store of value when the next Draconian level of the Totalitarian Collectivism system is imposed after the financial meltdown hits in earnest...

... Remember that tyrannical regimes are always arbitrary. Executive Order 6102 was signed on April 5, 1933, by U.S. President Franklin D. Roosevelt 'forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates' by U.S. citizens. This kind of blatant violation of the U.S. Constitution is routine. Citizen ownership of gold could very well become illegal again. However, if it is, you will already know you are a pawn in a fascist state.

The risk banning gold ownership and government confiscation is always real for individuals. However, the prospects of rounding up gold bullion as contraband from banking institutions or the chosen and privileged financial elite, would require a coup d'├ętat. The establishment will sacrifice hundreds of millions of expendable serfs, before it relinquishes the reins of superiority over the humble taxpayer.

An underground barter economy will thrive, while it is condemned as a black market... As long as the same globalists retain political rule, you can bank on the scheme proposed to be another sophisticated attempt to rob and enslave you, all over again..."


16 March, 2011

21 Signs Of Impending Doom For The 2011 Economy

21 Signs Of Impending Doom For The 2011 Economy: "If you are not aware of how rapidly the global economic situation is unraveling you need to snap out of it and start paying attention. The world economy was relatively stable in 2010, but here in 2011 things are deteriorating very quickly. Right now there is major civil unrest in at least a dozen different nations in Africa and the Middle East. The civil war going on in Libya has sent the price of oil skyrocketing and the protests that are scheduled to begin in Saudi Arabia later this month could send oil prices even higher. Meanwhile, the sovereign debt crisis in Europe just seems to get worse by the day. Several nations in Europe are suddenly finding that it has become extremely expensive to finance more debt. It appears that it will only be a matter of time before more bailouts are needed. Meanwhile, the United States is also covered in a sea of red ink and the economic situation in the largest economy on earth continues to deteriorate rapidly. It is as if the entire world financial system has caught a virus that it just can't shake, and now it looks like another massive wave of financial disaster could be about to strike. Does the global economy have enough strength to weather a major oil crisis in 2011? How much debt can the largest nations in North America and Europe take on before the entire system collapses under the weight? Will 2011 be a repeat of 2008 or are we going to be able to get through the rest of the year okay? Only time will tell..."


Quake/Tsunami a Blow to Fragile Japanese Economy

Quake and tsunami a blow to fragile Japan economy - Yahoo! Finance: "The earthquake and tsunami that struck Japan on Friday forced multinational companies to close factories, fight fires and move workers, inflicting at least short-term damage on the Japan's fragile economy.

Assessing the full economic impact was impossible in the hours after the quake. But traffic clogged streets, trains stopped, flights were grounded and phone service was disrupted or cut off. U.S. companies DuPont and Procter & Gamble said communications problems made it hard to gauge the effect on their operations in Japan.

Japanese stocks plunged. The benchmark Nikkei index fell 1.7 percent, and the Japanese market was only open for about 15 minutes after the quake..."


U.S. Farmers Fear the Return of the Dust Bowl

US farmers fear the return of the Dust Bowl - Telegraph: "There is not much to be happy about these days in Happy, Texas. Main Street is shuttered but for the Happy National Bank, slowly but inexorably disappearing into a High Plains wind that turns all to dust. The old Picture House, the cinema, has closed. Tumbleweed rolls into the still corners behind the grain elevators, soaring prairie cathedrals that spoke of prosperity before they were abandoned for lack of business.

Happy's problem is that it has run out of water for its farms. Its population, dropping 10 per cent a year, is down to 595. The name, which brings a smile for miles around and plays in faded paint on the fronts of every shuttered business – Happy Grain Inc, Happy Game Room – has become irony tinged with bitterness. It goes back to the cowboy days of the 19th century. A cattle drive north through the Texas Panhandle to the rail heads beyond had been running out of water, steers dying on the hoof, when its cowboys stumbled on a watering hole. They named the spot Happy Draw, for the water. Now Happy is the harbinger of a potential Dust Bowl unseen in America since the Great Depression..."


15 March, 2011

Japanese Survivors Worry About Dwindling Supplies, Food After Devastating Earthquake, Tsunami

Japanese survivors worry about dwindling supplies, food after devastating earthquake, tsunami - The Washington Post: "Overwhelmed by a still-growing catastrophe, Japanese authorities struggled Monday to reach buried survivors and the missing, faced roadblocks in delivering aid and raced to contain an expanding nuclear emergency.

Prime Minister Naoto Kan called the crisis the country’s toughest challenge since World War II and said that decimated towns along the northeastern coastline were not yet getting the food and supplies they needed.

A series of unstable nuclear plants across the country threatened to compound the nation’s difficulties, which started with Friday’s double-barreled disasters: first an 8.9-magnitude earthquake, then a tsunami. At the Fukushima Daiichi nuclear plant, one containment building housing an overheated reactor had already exploded. A second explosion, about noon local time Monday, destroyed an outer building at another of the plant’s reactors.

Officials said a third reactor at the six-reactor facility had lost its cooling capacity, and the U.S. Seventh Fleet, stationed 100 miles offshore, repositioned its ships and aircraft after some if its personnel came into contact with radioactive contamination..."


Japan Death Toll Rises, Survivors Struggle

Japan death toll rises, survivors struggle - World news - Asia-Pacific - msnbc.com: "Japanese police say the official death toll from last week's massive earthquake and tsunami has risen to 2,414.

Police said Tuesday that a big share of the deaths were in Miyagi prefecture, where 1,254 people are confirmed dead.

The number of people officially missing is at 3,118. But regional officials said they believe that tens of thousands may have been swept away by the tsunami that devastated a long stretch of Japan's northeastern coast Friday.

Millions of people were facing a fifth day without water, food or heating in near-freezing temperatures along the devastated northeast coast..."


800 Motorists Rescued After N.D. Blizzard

Troopers: 800 motorists rescued after ND blizzard - Weather - msnbc.com: "Rescue workers used military trucks and other heavy vehicles to pluck motorists from more than 500 vehicles abandoned along ice-slicked roads and in drifting snow throughout North Dakota and take them to churches, schools, bars and gas stations that became makeshift shelters.

About 800 people were rescued starting Friday afternoon, and most remained at shelters Saturday as highways remained closed. North Dakota National Guard spokesman Capt. Dan Murphy said the rescue mission ended Saturday morning but soldiers were still on duty, patrolling highway entrances.

Only minor injuries had been reported following hundreds of pileups and crashes, Highway Patrol Lt. Jody Skogen said. A no travel advisory had been lifted, but snow and abandoned cars still blocked the roads, authorities said..."


10 March, 2011

People Of Earth: Prepare For Economic Disaster

People Of Earth: Prepare For Economic Disaster: "It is not just the United States that is headed for an economic collapse. The truth is that the entire world is heading for a massive economic meltdown and the people of earth need to be warned about the coming economic disaster that is going to sweep the globe. The current world financial system is based on debt, and there are alarming signs that the gigantic global debt bubble is getting ready to burst. In addition, global prices for the key resources that the major economies of the planet depend on are rising very rapidly. Despite all of our advanced technology, the truth is that human civilization simply cannot function without oil and food. But now the price of oil and the price of food are both increasing dramatically. So how is the current global economy supposed to keep functioning properly if it soon costs much more to ship products between continents? How are the billions of people that are just barely surviving today supposed to feed themselves if the price of food goes up another 30 or 40 percent? For decades, most of the major economies around the globe have been able to take for granted that massive amounts of cheap oil and massive amounts of cheap food will always be there. So what happens when that paradigm changes?..."


The Market Is Telling Us That The Dollar Is Finished

The market is telling us that the dollar is finished: "There’s major shift occurring right now in financial markets.

Sure, the food and freedom riots that are spreading across the globe are a major indicator that civil unrest follows very closely behind resource shortages and economic turmoil… but there’s something else that I’ve noticed recently– it’s a sea change in the financial system.

In the past, major crises normally caused investors to seek safe haven assets, and everything else equal, the dollar would rise. They call it a ‘flight to safety’, and investors would flock towards the perceived stability of US Treasury securities...

... Mubarak. Gaddafi. Khalifa. Al Said. Ben Ali. Etc. There is no shortage of turmoil right now… yet we are seeing the dollar get clobbered while gold, silver, and smaller currencies like the Swiss franc rise. This represents a major shift in the way that the market views risk.

It’s true that nothing goes up or down in a straight line… but long term, the market is telling us that investors are washing their hands of the dollar as a safe haven asset..."


U.S. Wants to Take Your Dollars -- and Replace Them With Coins

US Wants to Take Your Dollars -- and Replace Them With Coins: "Americans are a tight-fisted people when it comes to their dollars.

So in order to replace the paper currency with dollar coins -- a long-advocated move that could save the government an estimated $5.5. billion over 30 years -- the General Accountability Office called on Congress, the Federal Reserve and the Treasury to help yank the $1 note from circulation.

In the past 20 years, the GAO, Congress' investigative arm, has issued four recommendations for a switch to metal dollars in order to save all the money spent to replace worn-out dollar bills. Dollar bills last longer than they used to and now have a life span of up to 40 months. But the coins have an average life span of 30 years..."


Scientists Warn Of 'Dangerous Over-Reliance' On GPS

France24 - Scientists warn of 'dangerous over-reliance' on GPS: "Developed nations have become 'dangerously over-reliant' on satellite navigation systems such as GPS, which could break down or be attacked with devastating results, British engineers said Tuesday.

The Royal Academy of Engineering said the application of the technology was now so broad -- from car sat-navs to the time stamp on financial transactions -- that without adequate backup, any disruption could have a major impact..."


09 March, 2011

North Korea Nears Completion of Electromagnetic Pulse Bomb

Electronic Warfare: North Korea Nears Completion of Electromagnetic Pulse Bomb - ABC News: "North Korea appears to be protesting the joint U.S. and South Korean military maneuvers by jamming Global Positioning Devices in the south, which is a nuisance for cell phone and computers users -- but is a hint of the looming menace for the military.

Since March 4, Pyongyang has been trying to disrupt GPS receivers critical to South Korean military communications apparently in protest of the ongoing joint military training exercises between South Korean and U.S. forces. Strong jamming signals were sent intermittently every five to 10 minutes.

The scope of the damage has been minimal, putting some mobile phones and certain military equipment that use GPS signals on the fritz...

... The jamming... has raised questions about whether the Korean peninsula is bracing for new electronic warfare.

The North is believed to be nearing completion of an electromagnetic pulse bomb that, if exploded 25 miles above ground would cause irreversible damage to electrical and electronic devices such as mobile phones, computers, radio and radar, experts say..."


Financial Dismantling of the American Middle Class

Financial dismantling of the American middle class.: "The American economy runs on high octane debt. Debt has been welcomed by many with open arms and things seemed to be going well until people realized they actually had to pay the debt back. Average Americans trying to keep up with the picket white fence image of Leave it to Beaver were largely relying on debt to keep up with this lifestyle that was unsustainable with current incomes. Paradigm shifts in economies the size of the United States happen gradually over time. They occur slowly and systematically with the patience of a person watching grass grow. The Federal Reserve has made a conscious effort to bailout the banks and use the crisis as an excuse to lower the standard of living of most Americans to pay for the bailouts. Federal debt is so large that only someone with blind optimism would have any hope that it would ever be paid off. When an average person cannot pay their mortgage they lose their home in foreclosure. If someone can’t pay their car they get it repossessed. When banks need bailouts they simply print away and devalue the currency of the domestic country shifting the burden to society..."


Welfare State: Handouts Make Up One-Third of U.S. Wages

CNBC's Fast Money: Welfare State: Handouts Make Up One-Third of U.S. Wages - CNBC: "Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement.

Even as the economy has recovered, social welfare benefits make up 35 percent of wages and salaries this year, up from 21 percent in 2000 and 10 percent in 1960, according to TrimTabs Investment Research using Bureau of Economic Analysis data..."


08 March, 2011

No Inflation? That's Not What Food Prices Are Saying

No Inflation? That's Not What Food Prices Are Saying - CNBC: "With all the talk about $4 a gallon gas and the crisis in the Middle East, the specter of surging food prices has gotten pushed to the background.

That’s a mistake, considering that the struggle to put food on the table is what generated the riots in the first place. In the US we focus so much on gas because of the way higher transportation costs infect every sector of the economy, but rising grocery costs are a major threat as well.

Of course, we live in the land of no inflation.

Core cost of living is cruising along in the 1 to 2 percent range, according to government calculations, indicating that we have nothing to worry about when it comes to inflation concerns.

One can only imagine that the economists who project these assertions don’t have to eat..."


Standard of Living in Peril From Dollar Drop

Standard of Living in Peril From Dollar Drop: Zell - CNBC: "The US standard of living could drop 25 percent if the dollar loses its standing as the world's reserve currency, investor Sam Zell told CNBC.

'My single biggest financial concern is the loss of the dollar as the reserve currency. I can't imagine anything more disastrous to our country,' the chairman of the Tribune Company as well as Equity Group Investments said in a live interview. 'I'm hoping against hope that ain't gonna happen, but you're already seeing things in the markets that are suggesting that confidence in the dollar is waning.'

As Zell spoke, the value of the greenback took yet another hit as European Central Bank President Jean-Claude Trichet indicated that an interest rate hike was possible next month if euro zone inflation continues to heat up..."


Utah House Passes Bill Recognizing Gold, Silver as Legal Tender

Utah House Passes Bill Recognizing Gold, Silver as Legal Tender - FoxNews.com: "Utah took its first step Friday toward bringing back the gold standard when the state House passed a bill that would recognize gold and silver coins issued by the federal government as legal currency.

The House voted 47-26 in favor of the legislation that would also exempt the sale of gold from the state capital gains tax and calls for a committee to study alternative currencies for the state.

The legislation now heads to the state Senate, where a vote is expected next week..."


Food Inflation: Food Prices In 2015

Food Inflation: Food Prices In 2015 | Special Features | Minyanville.com: "The current prices in your grocery store don’t presage an approaching storm. But that’s exactly what’s coming, says Bill Lapp, president of Advanced Economic Solutions, a consulting firm in Omaha, Nebraska, and the former chief economist for ConAgra Foods (CAG).

In the last nine months, he says, the prices of corn and wheat have doubled; the price of corn alone (nearly $7 a bushel) is three times higher than the previous norm. Lapp estimates that the higher prices for these commodities -- for the grains we eat and those used to feed livestock -- amounts to some $40 billion in costs not yet passed on to the consumer. But the higher price tags are coming “sooner rather than later,' says Lapp. He calls it a “big liability in front of us.”..."


07 March, 2011

Survivalists Stock Up for End of Days

Survivalists stock up for End of Days — RT: "They are ready for a catastrophe of a global scale every minute of their lives and are prepared to meet the challenge wherever they are – at home, in the office, or just walking about.

The people who lay salt and canned food in stores all year around do not surprise experts anymore.

In St. Petersburg alone, there are more than 10,000 getting ready for the End of Days right now, informs Petersburg Business.

Russian survivalists call this speculative catastrophe the SHTF-day. Leaving aside atomic bomb shelters that were built everywhere in the USSR some twenty years ago, 'survivance' as a trend became popular in Russia in the early 2000s, when Russian scientist Valentin Ponomarenko published his ‘Problem 2033.'

This popular and quite-often quoted book is no less than an inventory of the resources of our planet (most of the book is graphics and tables). The author makes a conclusion that by 2033, the resources will end, and people will be busy resolving the problem of overpopulation by killing each other by all convenient means. The verdict of this tract is simple – earth cannot bear more than 2 billion people, the rest are needless..."


Vegetable Gardening: Raised Beds Increase Odds of Success

Vegetable gardening: Raised beds increase odds of success - chicagotribune.com: "There is a good chance you are among the multitude considering planting a vegetable garden this year.

You may find yourself wondering where to start. Over the years I have humorously said that the key to the green thumb is how brown it gets first: Soil and soil prep are crucial, whether you are growing flowers or vegetables.

The winning formula for success, whether you have heavy, muggy clay that retains water or a sandier soil that drains in mere minutes, is to grow the garden on raised beds..."


World Food Prices Climb to Record as UN Sounds Alarm on Further Shortages

World Food Prices Climb to Record as UN Sounds Alarm on Further Shortages - Bloomberg: "Global food prices rose to a record in February and grain costs may continue to rise in the next several months, with only rice keeping the world from a repeat of the crisis three years ago, the United Nations said.

An index of 55 food commodities rose 2.2 percent to 236 points from 230.7 in January, the eighth consecutive gain, the UN’s Food and Agriculture Organization said today. Wheat rose as much as 58 percent on the Chicago Board of Trade in the past 12 months, corn gained 87 percent and rice added 6.5 percent..."


03 March, 2011

Rural Survival

Rural Survival: "The era of cheap energy is coming to a close and everyone needs to sharpen their pencils and relearn what it takes to survive in the coming time of shortages and uncertain climate.

It is obvious that we need water, food and energy to live day to day but those things we take for granted may become problematic if not given thought to their management, possible alternatives and acted upon to be prepared..."


U.S. Deficit Number One Threat to Global Economy

U.S. Deficit Number One Threat to Global Economy — Midas Letter: "The massive U.S. budget deficit is the gravest threat facing the economy, topping high unemployment and the risk of inflation or deflation, according to a survey of forecasters released on Monday.

The National Association for Business Economics said its 47-member panel of forecasters increased its estimate for the 2011 federal deficit to $1.4 trillion from $1.1 trillion in its previous survey in November..."