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Archive for October, 2010

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Idiot Washington Post Calls for War With Iran to Save America’s Economy

As many writers have documented, the corporate media is always pro-war. See this.And so Washington Post hack David Broder's op-ed arguing that war with Iran will save America's economy is not all that surprising.Of course, China and Russia might not ...

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Be the first to comment - What do you think?  Posted by George Washington - October 31, 2010 at 10:10 pm

Bank of England Head Mervyn King Proposes Eliminating Fractional Reserve Banking

Mervyn King - the governor of the Bank of England - has proposed abolishing fractional reserve banking.As the BBC noted last week:Mervyn King, the governor of the Bank of England, has tonight made a big intervention into the debate on banking reform. ...

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Be the first to comment - What do you think?  Posted by George Washington - at 9:38 pm

Donations

Thank you to everyone who has donated recently.Due to a problem on Paypal's end, donations have been rejected by PayPal. PayPal now assures me (after 4 lengthy phone calls) that they will fix the problem within a week).I'll let you know when PayPal ha...

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Be the first to comment - What do you think?  Posted by George Washington - at 6:38 pm

Louisiana oyster industry struggles to cope with oil spill, coastal restoration efforts

Louisiana oyster industry struggles to cope with oil spill, coastal restoration efforts By Chris Kirkham Times-Picayune Original Article After five years and four hurricanes, 2010 ...

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Be the first to comment - What do you think?  Posted by Stuart Smith - at 1:02 pm

Oil Industry Watchdogs: BP’s Other Major Production Platform in Gulf Is a “Ticking Time Bomb”

Oil Industry Watchdogs: BP’s Other Major Production Platform in Gulf Is a “Ticking Time Bomb” Mother Jones magazine has one of the strongest arguments to date for re-installing a moratorium on deep-water o...

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Be the first to comment - What do you think?  Posted by Stuart Smith - at 12:46 pm

Frontline, ProPublica Examine BP’s Dismal Safety Record and Gulf Oil Spill

Frontline, ProPublica Examine BP’s Dismal Safety Record and Gulf Oil Spill You need to a flashplayer enabled browser to view this YouTube video

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1 comment - What do you think?  Posted by Stuart Smith - at 11:17 am

Checking the cement job at BP’s well

Checking the cement job at BP’s well Editorial Staff Times-Picayune Original Article Probes of the Deepwater Horizon explosion and subsequent oil spill have already found num...

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Be the first to comment - What do you think?  Posted by Stuart Smith - at 7:43 am

Cementing, Mainstay of Oil Drilling, Is Prone to Failure

Cementing, Mainstay of Oil Drilling, Is Prone to Failure By Russell Gold & Ben Casselman WSJ Original Article Cementing, a crucial step in drilling safely for oil or natural gas, i...

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1 comment - What do you think?  Posted by Stuart Smith - at 7:40 am

The payments have shut off, denials are going up, and we have no communication and no answers.

The payments have shut off, denials are going up, and we have no communication and no answers. Orange Beach Mayor Tony Kennon on claims process

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Be the first to comment - What do you think?  Posted by Stuart Smith - at 7:37 am

Gulf oil spill claims complaints rise as payments slow

Gulf oil spill claims complaints rise as payments slow By Dan Murtaugh Press-Register Original Article MOBILE, Ala. – After a flurry of large payouts in late September and early ...

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1 comment - What do you think?  Posted by Stuart Smith - at 7:09 am

Michael Hudson: Debt Grows Exponentially, While the Economy Only Grows In An S-Curve

Michael Hudson is a highly-regarded economist. He is a Distinguished Research Professor at the University of Missouri, Kansas City, who has advised the U.S., Canadian, Mexican and Latvian governments as well as the United Nations Institute for Trai...

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4 comments - What do you think?  Posted by George Washington - October 30, 2010 at 11:53 pm

War: A Desire for More Cows

Sometimes foreign languages can make things clear.For example, the word for "war" in the ancient Sanskrit language (dating to 1200 BC) literally means:A desire for more cows.Simple. Your neighbor has more cows than you have, you want to take his resour...

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1 comment - What do you think?  Posted by George Washington - at 11:41 pm

Mountains of Uncertainty Surround New NOAA, FDA Seafood Testing

Mountains of Uncertainty Surround New NOAA, FDA Seafood Testing It must come as quite a surprise to more casual BP spill observers that NOAA and the FDA are proudly announcing a test for detecting dispersant in seafood – ...

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Be the first to comment - What do you think?  Posted by Stuart Smith - at 9:38 pm

Latest Claims Facility Reversal Is Good News: Victims May Receive Interim Payments Over Next Three Years and Still Retain Legal Rights

Latest Claims Facility Reversal Is Good News: Victims May Receive Interim Payments Over Next Three Years and Still Retain Legal Rights In a region desperately grasping for some financial clarity, the Gulf Coast Claims Facil...

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Be the first to comment - What do you think?  Posted by Stuart Smith - at 4:12 pm

Gulf oil spill: fish safety test unveiled

Gulf oil spill: fish safety test unveiled LA Times Original Article While government investigators, BP and Halliburton argue over the integrity of the well cement used last April in t...

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1 comment - What do you think?  Posted by Stuart Smith - at 7:14 am

Judge orders test on Halliburton cement in BP well

Judge orders test on Halliburton cement in BP well Associated Press Original Article NEW ORLEANS — A federal judge is ordering tests to be performed as soon as possible on cement Ha...

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Be the first to comment - What do you think?  Posted by Stuart Smith - at 6:58 am

Tests showed unstable cement in gulf oil well before explosion

Tests showed unstable cement in gulf oil well before explosion By Steven Mufson Washington Post Original Article A cement mixture intended to temporarily seal BP’s Macondo ex...

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Be the first to comment - What do you think?  Posted by Stuart Smith - at 6:55 am

Fraud Caused the 1930s Depression and the Current Financial Crisis

Robert Shiller - one of the top housing experts in the United States - says that the mortgage fraud is a lot like the fraud which occurred during the Great Depression. As Fortune notes:Shiller said the danger of foreclosuregate -- the scandal in whic...

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4 comments - What do you think?  Posted by George Washington - at 12:36 am

Feinberg says oil spill claimants can get interim payments and still sue BP

Feinberg says oil spill claimants can get interim payments and still sue BP Associated Press Original Article TALLAHASSEE, Florida – Independent claims administrator Ken Feinberg sa...

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2 comments - What do you think?  Posted by Stuart Smith - October 29, 2010 at 5:04 pm

The Founding Fathers’ Vision of Prosperity Has Been Destroyed

Paintings by Anthony Freda: www.AnthonyFreda.com.The Founding Fathers not only fought for liberty and justice, they also fought for a sound economy and freedom from the tyranny of big banks:"[It was] the poverty caused by the bad influence of the Engli...

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1 comment - What do you think?  Posted by George Washington - at 11:40 am

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