Friday, July 1, 2011
"You are mistaken, you are involved in a battle that you don't know what you are going to face, so withdraw, and run away," Gadhafi told a pro-government gathering in Tripoli. "Our people is able in one day to move the battle to the Mediterranean, and able to move the battle to Europe."
Gadhafi referred to NATO, which began bombing military targets in Libya after the U.N. Security Council approved a resolution in March authorizing force by whatever means necessary, with the exception of a ground invasion, to protect civilians.
He vowed vengeance for the bombings, saying the Libyan military could be "like locusts, like bees" in Europe. Homes and offices could be potential targets, he said. (read more)
The Gold to Go machine, which sells gold at constantly updated prices, is unveiled at the Westfield shopping centre in London on Friday.
The German company behind the machines, Ex Oriente Lux, is capitalising on gold's traditional status as a safe haven investment in times of economic turmoil.
Westfield's gold ATM will sell bars and coins in various sizes, including a special 2.5g bar with the London skyline engraved on its reverse.
Ex Oriente Lux said its products were sold in "top quality" boxes and were "a great gift idea". The 1g gold bar, costing about £41, was "about as cheap as a bouquet of flowers but sure not to wither".
It added: "Gold to Go provides private investors with easy, convenient access to physical gold at fair, real-time prices. The ATMs are always online and update their prices every 10 minutes." (read more)
Hari is a winner of the Orwell Prize and perhaps the most influential journalist of his generation – but you may never have heard of him, because his following is online. Student radicals re-tweet his tirades against Tories, bankers, Catholics, Americans etc before rolling out of bed at noon.
Hari’s modus operandi involves filling out his interviews with previous quotes from the interviewee and pretending they had been said to him. As the Washington Post explained: “Let’s say you once interviewed Martin Luther King Jr for a story, but he wasn’t all that articulate about his hopes for racial reconciliation. So you decided to just quote his ‘I have a dream’ line in the story and pretend he told it to you.That’s fine, right? According to a well-known columnist for the British newspaper the Independent, it is.” And it wasn’t just Hari who thought it was fine: so did his mates who, upset by Twitter mockery of Johann, rushed to explain that this was a very minor transgression. Caitlin Moran, Naomi Klein, Polly Toynbee, Deborah Orr – Hari aroused a mothering instinct in Left-wing female hacks, who said he was being “bullied”. (Needless to say, if a Right-wing journalist had done the same thing, they would have been merciless.)
But the story doesn’t end there. The deadliest evidence against Hari doesn’t come from the internet: it comes from Amazon’s Kindle. (read more)
But now its future -- and the stability of member nations --- is being called into question as a deep debt crisis exposes serious flaws in the foundations on which the bloc was built more than 10 years ago.
As protesters vented their fury on the streets of Athens, Greece -- the bloc's sickest member --- politicians narrowly voted in favour of an austerity package allowing the country to draw more emergency loans from the International Monetary Fund and its eurozone peers.
Despite the vote in favour, which should enable the country to avoid defaulting on its debt for the next three months, questions about the eurozone's viability and long-term future are growing.
Legendary financier George Soros, speaking at the Institute for Human Sciences in Vienna, said it was "probably inevitable" that highly-indebted countries would leave the common currency.
Soros, who made an estimated $1 billion in a 1992 by correctly speculating that Britain would have to devalue the pound, reportedly said: "We are on the verge of an economic collapse which starts, let's say, in Greece. The financial system remains extremely vulnerable."
Authorities needed to recognise the bloc's "fundamental flaws," he added.
The exit of a eurozone member would be devastating, economists say. (read more)
War against those seeking to subjugate women by denying abortion, murdering doctors... so that the same women can murder their own children: Absurdity
Giant statue of Jesus Christ unveiled in Peru: Jesus would likely have been ashamed of such idolotry and wasteful spending
One of the world's tallest statues of Jesus Christ has been inaugurated in Peru despite high level opposition and Facebook campaigns mocking it.
President Alan Garcia formally opened the monument, known as Cristo del Pacifico or Christ of the Pacific, on a hill in the capital Lima.
He personally helped fund the cost of the statue to the tune of around 100,000 Peruvian soles (£22,000) and has said it will "bless and protect Lima".
But he has faced strong criticism from several quarters, with many seeing it as a vanity project he chose to pursue before leaving office at the end of July.
Susana Villaran, the Mayor of Lima, condemned the lack of consultation over the statue and labelled it "a plastic copy of the Christ of Corcovado" in Rio de Janeiro.
Architects have also questioned whether it may violate building codes and historians objected to the fact that it has been erected at the location of a 19th century battle against Chile. (read more)
A national payment structure would cut variation around the country in what the state pays for and what it does not, and support far more people to be cared for in their own homes, it said.
Experts behind the report say the move could reduce deaths in hospital by up to 60,000 a year by 2021, translating into savings of £180 million annually.
At the moment, the amount primary care trusts (PCTs) in England spend on end-of-life care varies widely, from £186 per patient in one area to £6,213 in another.
Access to services, including round-the-clock nursing care, also depends on where people live.
Far more people die in hospital than wish to, and experts estimate that more than 90,000 people are not having their palliative care needs met. (read more)
Officer Thad Crisco "investigated" after warning teenage girl to stay clear of unsafe part of city -- How dare he! Doesn't he have someone to beat?
Officer Thad "Stu" Crisco, who was recently in headlines for honoring his fallen partner David Crawford, allegedly warned St. Petersburg father Bob Esposito about letting his 16-year-old daughter hang around the Northshore Pool at night. Esposito's daughter was one of five teens robbed by a group of armed men there about 10:30 p.m. on a recent weeknight."I wouldn't come down here at night," Esposito said of the Northshore Pool area and Downtown, where he admits he used to loiter as a teen. "And I was told by one of the police officers not to come down here either."
That comment, made by Crisco the night of the robbery, was inadvertently relayed to his superior when Esposito was following up with SPPD. The department then launched an investigation into "disparaging comments against the city."
"I'm shocked," Esposito said. "His job is to serve and protect, and as far as I'm concerned, he gave me information. I think he did his job. I think he did it very well." (read more)
Huh? One of the few police officers left who are actually acting like police officers should, and he gets in trouble for it? Is it just me, or does there seem like there's some sort of plan to weed out actual police officers and put in their place thugs whose sole purpose is to seek out opposition to policy, beat them, and act as toughs for politicians?
Anatoly Serdyukov says his ministry is working out specifics, such as troops numbers, weapons and bases, but a brigade includes a few thousand soldiers.
Serdyukov was quoted by Russian news agencies as saying Friday the brigades could be based in Murmansk, Arkhangelsk or other areas.
Russia, the U.S., Canada, Denmark and Norway have been trying to assert jurisdiction over parts of the Arctic, believed to hold up to a quarter of the Earth's undiscovered oil and gas.
On Thursday, Prime Minister Vladimir Putin said Russia "remains open for dialogue" with its polar neighbors, but will "strongly and persistently" defend its interests in the region. (Source)
The Senate yesterday canceled its July 4 recess to remain in session next week during debt-limit talks after President Barack Obama a day earlier called on Congress to stop taking vacations while the debt-ceiling talks are unresolved.
An agreement will have to be reached by some point between July 15 and July 22 in order to write a bill and comply with congressional rules requiring advance publication before consideration, said the officials, who spoke on condition of anonymity to discuss the negotiations.
The officials said the timeline was necessary in order to raise the legal debt ceiling by Aug. 2, the date the Treasury Department projects it will no longer be able to meet U.S. obligations.
Democrats and Republicans are at an impasse over how to cut the deficit, which Republicans insist must be done prior to agreeing to raise the nation’s $14.3 trillion debt limit before the Aug. 2 deadline. Republicans are demanding large spending cuts and no tax increases, while Democrats say higher tax revenue must be part of a “balanced” plan. (read more)
An Africa Command (AFRICOM) spokeswoman confirmed Wednesday that since NATO’s Operation Unified Protector (OUP) took over from the American-led Operation Odyssey Dawn on March 31, the U.S. military has flown hundreds of strike sorties. Previously, Washington had claimed that it was mostly providing intelligence, surveillance and reconnaissance (ISR) and tanker support to NATO forces operating over Libya.
“U.S. aircraft continue to fly support [ISR and refueling] missions, as well as strike sorties under NATO tasking,” AFRICOM spokeswoman Nicole Dalrymple said in an emailed statement. “As of today, and since 31 March, the U.S. has flown a total of 3,475 sorties in support of OUP. Of those, 801 were strike sorties, 132 of which actually dropped ordnance.”
A White House report on Libya sent to Congress on June 15 says that “American strikes are limited to the suppression of enemy air defense and occasional strikes by unmanned Predator UAVs against a specific set of targets.” The report also says the U.S. provides an “alert strike package.”
Dalrymple named the Air Force’s F-16CJ and Navy’s EA-18G Growler electronic attack aircraft as the primary platforms that have been suppressing enemy air defenses.
However, those F-16s are not solely drawn from units based in Spangdahlem, Germany, or Aviano, Italy. The service has reportedly deployed U.S.-based units to Europe to conduct these operations. (read more)
Fed's Massive Stimulus Had Little Impact: Greenspan (Are you sure? The rich seemed to do well off it...)
In a blunt critique of his successor, Fed Chairman Ben Bernanke, Greenspan said the $2 trillion in quantative easing over the past two years had done little to loosen credit and boost the economy.
"There is no evidence that huge inflow of money into the system basically worked," Greenspan said in a live interview.
"It obviously had some effect on the exchange rate and the exchange rate was a critical issue in export expansion," he said. "Aside from that, I am ill-aware of anything that really worked. Not only QE2 but QE1."
Greenspan’s comments came as the Fed ended the second installment of its bond-buying program, known as QE2, after spending $600 billion. There were no hints of any more monetary easing—or QE3—to come.
Greenspan said he "would be surprised if there was a QE3" because it would "continue erosion of the dollar." (read more)
This will lead to a further bail-out of the country and fends off the risk of default. The austerity measures will see a €28 billion (£25 billion) package of tax increases but he now faces unrest in the country and like the mythological Greek king Sisyphus - condemned to roll a boulder up a hill only to have it roll back down again just before reaching the top - will have only survived one crisis in order to face the next.
Unless Greece can pull off the seemingly impossible and grow its way out of debt, which we doubt very much, the solvency issue will still have to be tackled.
However, delaying the inevitable is the best option.
It hasn't been spelt out explicitly but European officials are at present trying to follow a course of managed default. They are using liquidity measures as a way of trying to delay a default for as long as possible, in the hope that the banking system will be better placed to deal with it later rather than sooner.
Indeed, the numbers show that the more time passes the more peripheral debt will shift from the private sector into the hands of Europe's bailout fund and the European Central Bank.
Delaying a managed default also gives the Greeks a chance to eliminate their primary deficit, which excludes interest payments, first. (read more)
Los Angeles Mayor Villaraigosa Ignores Outcry, Will Build 6-Foot Wall Around Mansion: The rich do as they please
The wall — which would flank the sides of Getty House in Hancock Park — recently drew the ire of local residents in February when Villaraigosa filed a request for a local variance that prohibits any fencing that exceeds 42 inches in height.
A proposed design for the wall includes “embedded” security features that the mayor’s office said will save trim the costs of security staffing.
Villaraigosa has deflected much of the public criticism aimed at the structure towards federal officials.
The Los Angeles Police Department reportedly proposed the idea after the Department of Homeland Security found that the home could be breached. (Source)
The 17-member parliamentary Finance Committee announced the approval after lawmakers voted to reject an opposition motion to abandon it.
Germany and the European Union say border checkpoints violate EU rules on unrestricted travel in the Schengen zone and regulations on free movement within the bloc. In Denmark, opponents say it is a sop to nationalists, business organizations fear it will harm Danish exports and locals envision long lines of cars waiting to cross borders.
The new controls being introduced over several years include new customs buildings at crossings, lower speed limits at checkpoints and new equipment for reading license plates of passing vehicles.
Danish officials expect to have 98 additional customs officers at crossing points. On Tuesday, about 50 of them will join the country’s 142-man force at the borders with Germany and Sweden. (read more)
Prince George’s County Police say a five-year-old boy shot a four-year-old boy on a playground in the 4400 block of 23rd Parkway in Hillcrest Heights.
Police are still trying to figure out where the five-year-old boy was able to access the gun. They believe he found it in the home, but don't know whose gun it is.
Police say the bullet passed right through the upper part of the four-year-old’s torso.
Ebony Webb says she was there when the four-year-old boy ran into his apartment after he was shot. She called 911 and helped clean the wound. Officials transported the four-year-old to Children’s Hospital. Authorities say the gunshot wound is not life-threatening.
Police say after shooting, they found the boy who pulled the trigger and the gun he used in the boy’s apartment.
Police are questioning the shooter's parents and other adults who had access to the apartment. (read more)
Dublin, which signed up to an 85 billion euro ($122 billion) bailout from the European Union and the International Monetary Fund last November, is hoping to generate enough economic growth over the next two years to decouple itself from Greece in the minds of investors.
This would permit Ireland to make a full return to funding itself in the debt markets in 2013, after testing the waters in the second half of 2012 with short-term issues.
The outlook, however, is not promising. Concern that Greece will eventually default is keeping the bond yields of weak euro zone states including Ireland so high, and the Irish economy remains so weak, that Dublin risks remaining shut out of the markets for much longer.
"They are trying to put a brave face on it, hoping that the economy will pick up, but the numbers don't look that way," said Alan McQuaid, economist at Bloxham Stockbrokers.
"At the moment we are a long way from where we want to be in terms of bond yields and growth rates." (read more)
What is the latest update from the Fort Calhoun power station?
Flood waters are close to the building, and the plant has been sandbagging and putting berms up to protect important facilities from damage from flood waters. It looks like, as the floor recedes, things will continue to improve.
It still came pretty close, because just looking at some of the numbers right here, I think the water rose up to 1,004 feet, while the facility is designed to withstand floodwater up to 1,014 feet, so that is just 10 feet of “safety buffer”.
It’s true. In addition, just last year the Nuclear Regulatory Commission’s inspectors found that its flood protection measures were not what they needed to be. So a lot of additional protective measures were added, because of the inspectors’ findings last year. I’m not saying that’s making a difference now, but definitely this time we much better prepared for the situations because of those efforts.
But what if it had happened last year? It would have been an entirely different situation.
It would have been much more challenging. The biggest problem is that, if flood water disabled safety equipment as it was more likely to last year, then the workers would have needed more time to use portable generators and portable pumps to go to Plan B. Because we made these efforts last year plant’s natural defences and protection measures were where they should have been, instead of being deficient. (read more)
The U.K. demonstrations unfolded as Greece passed a second and final austerity bill and debt-saddled Italy and Portugal announced austerity measures of their own. The financial straits have led to a crisis of confidence and gloomy debates over whether the European Union even has a long-term future.
In Britain, as many as three-quarters of a million people were expected to turn out Thursday in a show of anger over cuts to their pensions, disrupting courthouses, tax offices and employment centers, as well as schools.
Thousands of union members were marching through London and other cities, brandishing banners and bringing traffic to a standstill, to demand that the government rethink its plans to curb public sector benefits. (read more)
After having lunch in a café yesterday of cooked rice, pork ribs, sour vegetable cooked in sauce, fried swamp morning-glory and vegetable soup, some workers of the Wooyang Vina Company in Hiep Thanh Ward in District 12 of Ho Chi Minh City, developed symptoms like stomach ache and nausea.
267 workers of the company were subsequently rushed to the district hospital. By 5pm 20 workers were discharged from the hospital but Dr. Cao Minh Hiep of the district hospital fretted as five workers were being treated in intensive care including 2 pregnant women.
Health authorities said that Thanh Thuy Company in district 2 was responsible for the catering of meals for the workers. Thanh Thuy Company had presented full documents including certificates of food safety and hygiene, however, health inspectors still found their kitchen filthy. The company has been asked to step up hygiene and sanitation standards in the factory and review their food processing procedures thoroughly. Source
Firefighters were called to reports that a fire had broken out in the kitchen and basement of the five-star Mayfair hotel, at 1842 BST.
About 1,500 guests have been evacuated from the building and four pumps and 20 firefighters are at the scene, the London Fire Brigade (LFB) said.
There are no reports of any casualties at this stage, the LFB added.
Everyone in the 28-floor building, which overlooks Hyde Park, is believed to have been accounted for, the LFB said.
Fire engines from Soho, Knightsbridge and Westminster are attending the blaze.
Roads in the area were closed to traffic.
The Metropolitan Police said nobody had been injured in the blaze. Source
Rights groups say at least three people were shot dead by government troops in the central city of Homs.
Protests were reported in the capital, Damascus, in eastern and western cities and in towns along the border regions.
US Secretary of State Hillary Clinton has warned time is running out for Syria's government to usher in reforms.
Speaking during a visit to Lithuania, she said President Bashar Assad would face more organised resistance to his rule unless the country saw "a genuine transition to democracy".
Human rights groups estimate that about 1,700 people have been killed in three months of anti-government protests.
Mr Assad has promised a dialogue on introducing political reforms but the protesters are calling for him to stand down. (read more)
The developed economies, bruised and aching, are pulling themselves slowly back to their feet after the Great Recession.
As Western consumers and governments struggle to get on top of their debts, they are not going to be the source of booming demand for goods and services they were in the last decade.
China by contrast slowed down a bit in the recession and then rapidly got back to something like full speed.
From 2007 to 2011 China accounted for as much of global economic growth as the G7 leading industrial countries combined.
China is a very important market for suppliers of commodities; Australian coal and iron ore and Brazilian soy beans for example.
It must be said China is also a big exporter, with a hefty trade surplus. That means in terms of global demand for goods and services overall it takes more than it gives.
But imports are growing so China is providing an increasingly important market for some.
But will the powerful performance be sustained?
There are some of sceptics.
The Wall Street Journal recently declared "after years of housing prices gone wild, China's property bubble is starting to deflate". (read more)
Physics suggests equal amounts of matter and antimatter should have been made in the Big Bang.
In 2010, researchers at the Tevatron accelerator claimed preliminary results showing a small excess of matter over antimatter as particles decayed.
The team has submitted a paper showing those results are on a firmer footing.
Each of the fundamental particles known has an antimatter cousin, with identical properties but opposite electric charge.
When a particle encounters its antiparticle, they "annihilate" each other, disappearing in a high-energy flash of light.
The question remains: why did this not occur in the early Universe with the equal amounts of matter and antimatter, resulting in a Universe devoid of both? (read more)
Please click the "Donate" button above if you'd like to support us. (Every dollar you donate also earns you a free entry into our prize draw.)
October's Dollar Drive is under way! The prize draw will be held on October 31, 2011. (All donations September will go toward the October draw! If you've donated in September, please consider donating another dollar for October as well!)
The Mega-Prize for this month's Dollar Drive giveaway is:
BRAND NEW APPLE IPAD 2
Fundraising Goal: $6,000
The sponsor prizes for this month's giveaway are:
*** INTERNATIONAL PRIZE ***
1) SKGK - Guardian Survival Kit from:
The kit includes the following:
Food and Water:
6 - 400 Calorie Food Bars (2400 Calories)
6 - Water Pouches
10 Water Purification Tablets - each tablet purifies 1 liter of water
Light and Communication:
Am/Fm Radio with Batteries and Headphones
Rechargeable Squeeze Flashlight - 3 LED flashlight
5-in-1 Survival Whistle
Box of Waterproof Matches
Shelter and Warmth:
Emergency Survival Blankets
Emergency Ponchos with Hood
N95 Respirator Dust Mask - NIOSH approved
Hygiene and Sanitation:
3 Packets of Pocket Tissues
3 Wet Naps
37 Piece First Aid Kit
Deck of Playing Cards
*** INTERNATIONAL PRIZE ***
2) Earthship Biotecture Complete Library Package from:
Earthship Volumes I, II, & III:
Water From The Sky, the Earthship 101 video - your choice of From the Ground Up or the Hut video and the Earthship Photo CD.
*** LOCAL PRIZE: UK ***
3) Three awesome outdoor outings from:
01772-453539 / 07811 480 660
Midge Hall, Leyland, Lancashire, PR26 6TN
1. Paintball for 2 persons + 200 Balls
2. Rifle Shooting 2 Persons
3. Archery 2 Persons - 1 Hour
(Note, these are three separate prizes!)
*** LOCAL PRIZE: CANADA ***
4) Private paintball match for 10 players from:
A private game for 10 people: each player would get gun, mask, 3hours of time, and 100 paintballs each. (Minimum age to participate is 10.)
What is the Dollar Drive?
The Coming Crisis runs a monthly fundraiser to help raise the money needed to keep the website alive and news coming. The Dollar Drive is straightforward: we ask each of our readers to donate just one dollar a month (just three pennies a day, or the price of a pack of chewing gum).
As a thank-you to our readers, every dollar donated earns a free entry into a monthly prize draw that awards readers with prizes offered by sponsors, such as survival supplies, books, dinners for two and so on, and is open to everyone in the world. If you donate one dollar, you'll receive one free entry into the draw. If you donate five dollars, you'll receive five free entries, etc. We draw from everyone's entries at the month's end and will announce the winner right on the website, and will promptly ship off the prizes shortly thereafter, free of charge!
But wait, there's more! As a very special thank you to our readers for your visits and support, we're going to also award a monthly mega-prize to one lucky entrant. This will be a truly awesome prize, like an iPad2 to read our website on in your bunker, or a digital camera to capture and send in pictures of freaky weather. There's just one catch: this mega-prize is only rewarded if we reach our monthly fundraising goal! So tell your friends, your friends' friends, their dogs and cats, and help keep the true news alive and coming.
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