Americans Get Most Radiation From Medical Scans

Airport scanners, cell phones and microwaves do destroy your health.

For a summary on cell phones see this.


US MED Overtreated Radiation
In this photo taken June 3, 2010, Dr. Steven Birnbaum works a CT scanner with a patient at Southern New Hampshire Medical Center in Nashua, N.H. (AP)

We fret about airport scanners, power lines, cell phones and even microwaves. It’s true that we get too much radiation. But it’s not from those sources – it’s from too many medical tests.

Americans get the most medical radiation in the world, even more than folks in other rich countries. The U.S. accounts for half of the most advanced procedures that use radiation, and the average American’s dose has grown sixfold over the last couple of decades.

Too much radiation raises the risk of cancer. That risk is growing because people in everyday situations are getting imaging tests far too often. Like the New Hampshire teen who was about to get a CT scan to check for kidney stones until a radiologist, Dr. Steven Birnbaum, discovered he’d already had 14 of these powerful X-rays for previous episodes. Adding up the total dose, “I was horrified” at the cancer risk it posed, Birnbaum said.

After his own daughter, Molly, was given too many scans following a car accident, Birnbaum took action: He asked the two hospitals where he works to watch for any patients who had had 10 or more CT scans, or patients under 40 who had had five – clearly dangerous amounts. They found 50 people over a three-year period, including a young woman with 31 abdominal scans.

When other radiologists tell him they’ve never found such a case, Birnbaum replies: “That tells me you haven’t looked.”

Of the many ways Americans are overtested and overtreated, imaging is one of the most common and insidious. CT scans – “super X-rays” that give fast, extremely detailed images – have soared in use over the last decade, often replacing tests that don’t require radiation, such as ultrasound and MRI, or magnetic resonance imaging.

Radiation is a hidden danger – you don’t feel it when you get it, and any damage usually doesn’t show up for years. Taken individually, tests that use radiation pose little risk. Over time, though, the dose accumulates.

Read moreAmericans Get Most Radiation From Medical Scans

US ‘Discovers’ Vast Mineral Riches Worth Nearly $1 Trillion In Afghanistan

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A bleak Ghazni Province seems to offer little, but a Pentagon study says it may have among the world’s largest deposits of lithium. (The New York Times)

WASHINGTON — The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials.

The previously unknown deposits – including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium – are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world, the United States officials believe.

An internal Pentagon memo, for example, states that Afghanistan could become the “Saudi Arabia of lithium,” a key raw material in the manufacture of batteries for laptops and BlackBerrys.

The vast scale of Afghanistan’s mineral wealth was discovered by a small team of Pentagon officials and American geologists. The Afghan government and President Hamid Karzai were recently briefed, American officials said.

While it could take many years to develop a mining industry, the potential is so great that officials and executives in the industry believe it could attract heavy investment even before mines are profitable, providing the possibility of jobs that could distract from generations of war.

Read moreUS ‘Discovers’ Vast Mineral Riches Worth Nearly $1 Trillion In Afghanistan

Fannie Mae And Freddie Mac Worst Case Scenario Is $1 Trillion!

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Fannie Mae headquarters stands in Washington.((Bloomberg)

June 14 (Bloomberg) — The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history.

Fannie and Freddie, now 80 percent owned by U.S. taxpayers
, already have drawn $145 billion from an unlimited line of government credit granted to ensure that home buyers can get loans while the private housing-finance industry is moribund. That surpasses the amount spent on rescues of American International Group Inc., General Motors Co. or Citigroup Inc., which have begun repaying their debts.

“It is the mother of all bailouts,” said Edward Pinto, a former chief credit officer at Fannie Mae, who is now a consultant to the mortgage-finance industry.

Read moreFannie Mae And Freddie Mac Worst Case Scenario Is $1 Trillion!

BIS: Currency Collapse May Stimulate Economic Expansion

Wikipedia:

The BIS was formed in 1930, the main actors in the establishment of the BIS were the then Governor of The Bank of England, Montague Norman and his German colleague Hjalmar Schacht, later Adolf Hitler’s finance minister.

During the period 1933 – 1945, the board of directors of the BIS included Walter Funk a prominent Nazi official, and Emil Puhl, who were both convicted at the Nuremberg trials after World War II, as well as Herman Schmitz the director of IG Farben and Baron von Schroeder, the owner of the J.H.Stein Bank, the bank that held the deposits of the Gestapo. There were allegations that the BIS had helped the Germans loot assets from occupied countries during World War II.

Use ‘Google Translate’ for this:

Wikipedia (German):

In der Zeit des Nationalsozialismus von 1933 bis 1945 galt die BIZ als sehr „nazifreundlich“ mit einer einflussreichen „deutschen Gruppe“ innerhalb des Unternehmens. Zum Beispiel war Emil Puhl (der geschäftsführende Vizepräsident der Reichsbank) einer der BIZ-Präsidenten. Die BIZ übernahm 1938 nach dem „Anschluss“ Österreichs das österreichische Gold und war 1939 nach der NS-Besetzung der Tschechei auch bei der Überweisung eines Teils des tschechischen Goldes zugunsten der NS-Seite behilflich. Lord Montagu Norman, einer der Präsidenten der BIZ und gleichzeitig Leiter der Bank of England, verhinderte die Überweisung nicht. Ab April 1939 wurde der amerikanische Anwalt Thomas McKittrick in die BIZ eingegliedert, um eine demokratische Fassade vorzutäuschen. Während der Kriegszeit 1939 bis 1945 wickelte die BIZ alle notwendigen Devisengeschäfte für das Deutsche Reich ab. Es kam deshalb später zu dem offenen Vorwurf des Handels mit Raubgold (looted gold) der vom Deutschen Reich übernommenen Zentralbanken. Die Bestrebungen des US-Finanzministers Morgenthau und der norwegischen Exilregierung ab 1943, die BIZ wegen ihrer Nazifreundlichkeit aufzulösen, waren vergeblich. Der britische Finanzexperte Keynes argumentierte u.a. gegen Morgenthau, die BIZ werde für den „Wiederaufbau“ nach dem Krieg gebraucht. Erst im März 1945 wurden die Devisengeschäfte mit dem Deutschen Reich eingestellt, weil der amerikanische Druck auf die Schweiz nicht mehr abzuwenden war. Diese Nazi-Vergangenheit der BIZ wurde bis in die 1990er Jahre verschwiegen.

Show the following article to your economics Prof. and watch his facial expression!

More complete elite bullshit we can take a bath in!

(Read about the solution for Greece here. Instead this is what is really happening.)


Currency Collapse May Stimulate Economic Expansion, BIS Says

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The BIS is the Central Bank of Central Banks and answers to no government on planet earth.

June 14 (Bloomberg) — Currency collapses tend to spur a resumption of economic growth rather than fueling a decline in gross domestic product, according to the Bank for International Settlements.

Currency collapses are associated with permanent output losses of about 6 percent of GDP, on average, though the drop tends to appear beforehand, the Basel, Switzerland-based BIS said in its quarterly review yesterday.

“This suggests that it may not be the currency collapse that reduces output, but rather the factors that led to the depreciation,” Camilo E. Tovar wrote in the study. “To gain a full understanding of the implications of currency collapses on economic activity it is important to carefully examine the full circle of events surrounding the episode.”

The positive effects of a weaker currency on GDP, including making local products cheaper than imported goods, may outweigh the negative ones, such as rising inflation. Currency collapses occur when the annual exchange rate drops by about 22 percent, according to the BIS, which identified 79 such episodes, “more commonly in Africa than in Asia or Latin America,” since 1960, Tovar said.

Read moreBIS: Currency Collapse May Stimulate Economic Expansion

Moody’s downgrades Greece’s credit rating to junk

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ATHENS, Greece — Moody’s Investors Service slashed Greece’s credit rating to junk status on Monday in a new blow to the debt-ridden country that is under intense international scrutiny after narrowly avoiding default last month.

A Moody’s statement said it was cutting Greece’s government bond ratings by four notches to Ba1 from A3, with a stable outlook for the next 12-18 months. It was the second of the three major agencies to accord Greek bonds junk status. Standard & Poor’s did the same in late April.

The downgrades reflect concern that the country could fail to meet its obligations to cut its deficit and pay down its debt — which the Greek government says is out of the question.

Read moreMoody’s downgrades Greece’s credit rating to junk

Ireland: Central Bank Hid Property Crash Forecast

* Data showing boom over was buried in report

THE Central Bank buried sensational data forecasting a crash in the property market months before the housing market began to crumble in early 2007.

Last week’s report into the banking crisis by Central Bank boss Professor Patrick Honohan revealed that minutes from the bank’s financial stability group had shown that predictions of a crash in the market were deliberately left out of a crucial report in 2006.

“It was decided in 2006 to exclude from the main text of the report data and references to a likely 15 per cent house price overvaluation that was contained in a themed research paper,” according to Prof Honohan’s report.

Read moreIreland: Central Bank Hid Property Crash Forecast

BP Blocking Media Access To Workers (Video)

Great interview from New Orleans TV station wdsu tv.


Added: 12. June 2010

More:

BP Official Admits to Damage BENEATH THE SEA FLOOR

BP Buys Search Term ‘Oil Spill’ From Google

BP CEO Tony Hayward sold £1.4 million of his shares weeks before Gulf blowout

Goldman Sachs Sold 44% Of Its BP Stock 3 Weeks Before Gulf Blowout

Feds and BP Withheld Videos Showing Massive Scope of Oil Spill

Read moreBP Blocking Media Access To Workers (Video)

Don’t Use Violence, we are civilians!!! Smuggled Gaza Footage Israel doesn’t want you to see

More Disturbing Images of Israeli Barbarism


Added: 10. Juni 2010

Source: Gilad Atzmon

More:

Israel rejects international probe, says it would be biased against the Jewish state; Egypt calls Gaza blockade a failure, border stays open (AP)

Iran Offers Military Protection To Gaza Aid Ships (RT)

Former US Marine Disarms Israeli Commandos, Describes Mass Murder By Israeli Soldiers (YouTube)

Autopsy Results Reveal That Gaza Flotilla Activists Were Shot In Head At Close Range (Guardian)

Robert Fisk: The Truth Behind The Israeli Propaganda (Independent)

Gilad Atzmon on Israeli collective madness: ‘The world sees now what Israel is all about’

American teenager among those killed in Israeli raid of aid flotilla; Israeli soldiers accused of refusing to treat the injured, letting them die (Washington Post/Al Jazeera)

President Abdullah Gul: Turkey will ‘never forgive’ Israel (Al Jazeera)

Ex-Mossad agent Victor Ostrovsky: Gaza flotilla raid ’so stupid it’s stupefying’ (The Raw Story)

Read moreDon’t Use Violence, we are civilians!!! Smuggled Gaza Footage Israel doesn’t want you to see

Kyrgyzstan: Violence spiralling ‘out of control’; Interim President Roza Otunbayeva asks Russia to send in troops

Related information:

Kyrgyzstan requested US military aid and rubber bullets but was turned down (Foreign Policy)

Russian military force in Kyrgyzstan grows to Medvedev’s order (ITAR-TASS)

Tens of thousands flee ethnic violence in Kyrgyzstan (BBC News)

Kyrgyzstan increases troops, authorizes killing rioters; death toll climbs to 100 (Los Angeles Times)


Kyrgyzstan begs Russia’s help to quell ethnic violence

kyrgyzstan-calls-for-russian-help-to-end-ethnic-riots
Uzbekistan soldiers and security officers help ethnic Uzbeks fleeing southern Kyrgyzstan to cross the border after attacks by Kyrgyz rioters in Osh. (AP)

(AFP) — Kyrgyzstan imposed a state of emergency in a second southern city as its interim leader warned ethnic violence is spiralling “out of control” and asked Russia to send in troops.

Interim President Roza Otunbayeva appealed to Moscow to intervene militarily after at least 75 people were killed and 977 wounded, according to the health ministry, in nearly three days of unrest.

“Since yesterday the situation has got out of control. We need outside military forces to halt the situation. For this reason we have appealed to Russia for help,” said Otunbayeva in a nationally televised address.

But while Moscow said it was rushing humanitarian aid to the former Soviet Central Asian republic, a spokeswoman for President Dmitry Medvedev said it would not yet send troops.

Read moreKyrgyzstan: Violence spiralling ‘out of control’; Interim President Roza Otunbayeva asks Russia to send in troops

Pentagon Hunts WikiLeaks Founder Julian Assange

See also:

President Obama Has Already Outdone Every Previous President In Prosecuting Whistleblowers


Soldier Bradley Manning said to have leaked diplomatic cables to whistleblower, plus video of US troops killing Iraqis


The Wikileaks footage of an Apache helicopter attack that killed civilians in Iraq

American officials are searching for Julian Assange, the founder of WikiLeaks in an attempt to pressure him not to publish thousands of confidential and potentially hugely embarrassing diplomatic cables that offer unfiltered assessments of Middle East governments and leaders.

The Daily Beast, a US news reporting and opinion website, reported that Pentagon investigators are trying to track down Julian Assange – an Australian citizen who moves frequently between countries – after the arrest of a US soldier last week who is alleged to have given the whistleblower website a classified video of American troops killing civilians in Baghdad.

The soldier, Bradley Manning, also claimed to have given WikiLeaks 260,000 pages of confidential diplomatic cables and intelligence assessments.

The US authorities fear their release could “do serious damage to national security”, said the Daily Beast, which is published by Tina Brown, former editor of Vanity Fair and New Yorker magazines.

Manning, 22, was arrested in Iraq last month after he was turned over to US authorities by a former hacker, Adrian Lamo, to whom he boasted of leaking the video and documents.

Read morePentagon Hunts WikiLeaks Founder Julian Assange

President Obama Has Already Outdone Every Previous President In Prosecuting Whistleblowers

Obama Takes a Hard Line Against Leaks to Press

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WASHINGTON – Hired in 2001 by the National Security Agency to help it catch up with the e-mail and cellphone revolution, Thomas A. Drake became convinced that the government’s eavesdroppers were squandering hundreds of millions of dollars on failed programs while ignoring a promising alternative.

He took his concerns everywhere inside the secret world: to his bosses, to the agency’s inspector general, to the Defense Department’s inspector general and to the Congressional intelligence committees. But he felt his message was not getting through.

So he contacted a reporter for The Baltimore Sun.

Today, because of that decision, Mr. Drake, 53, a veteran intelligence bureaucrat who collected early computers, faces years in prison on 10 felony charges involving the mishandling of classified information and obstruction of justice.

The indictment of Mr. Drake was the latest evidence that the Obama administration is proving more aggressive than the Bush administration in seeking to punish unauthorized leaks.

In 17 months in office, President Obama has already outdone every previous president in pursuing leak prosecutions. His administration has taken actions that might have provoked sharp political criticism for his predecessor, George W. Bush, who was often in public fights with the press.

Mr. Drake was charged in April; in May, an F.B.I. translator was sentenced to 20 months in prison for providing classified documents to a blogger; this week, the Pentagon confirmed the arrest of a 22-year-old Army intelligence analyst suspected of passing a classified video of an American military helicopter shooting Baghdad civilians to the Web site Wikileaks.org.

Read morePresident Obama Has Already Outdone Every Previous President In Prosecuting Whistleblowers

Saudi Arabia: We will not give Israel air corridor for Iran strike

See also:

Saudi Arabia gives Israel clear skies to attack Iranian nuclear sites (Times):

Saudi Arabia has conducted tests to stand down its air defences to enable Israeli jets to make a bombing raid on Iran’s nuclear facilities, The Times can reveal.


Prince Mohammed bin Nawaf refutes Times of London report saying Saudi Arabia practiced standing down its anti-aircraft systems to allow an Israeli bomb run.

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Satellite image of the Iranian nuclear reactor at Bushehr, January 3, 2002

Saudi Arabia would not allow Israeli bombers to pass through its airspace en route to a possible strike of Iran’s nuclear facilities, a member of the Saudi royal family said Saturday, denying an earlier Times of London report.

Earlier Saturday, the Times reported that Saudi Arabia has practiced standing down its anti-aircraft systems to allow Israeli warplanes passage on their way to attack Iran’s nuclear installations, adding that the Saudis have allocated a narrow corridor of airspace in the north of the country.

Prince Mohammed bin Nawaf, the Saudi envoy to the U.K. speaking to the London-based Arab daily Asharq al-Awsat, denied that report, saying such a move “would be against the policy adopted and followed by the Kingdom.”

According to Asharq al-Awsat report, bin Nawaf reiterated the Saudi Arabia’s rejection of any violation of its territories or airspace, adding that it would be “illogical to allow the Israeli occupying force, with whom Saudi Arabia has no relations whatsoever, to use its land and airspace.”

Earlier, the Times quoted an unnamed U.S. defense source as saying that “the Saudis have given their permission for the Israelis to pass over and they will look the other way.

“They have already done tests to make sure their own jets aren’t scrambled and no one gets shot down. This has all been done with the agreement of the [U.S.] State Department.”

Once the Israelis had passed, the kingdom’s air defenses would return to full alert, the Times said.

Despite tensions between them, Israel and Saudi Arabia share a mutual hostility to Iran.

“We all know this. We will let them [the Israelis] through and see nothing,” the Times quoted a Saudi government source as saying.

Read moreSaudi Arabia: We will not give Israel air corridor for Iran strike

Japan bribes small nations with cash and prostitutes to gain support for the mass slaughter of whales

Recommended: The Cove – Oscar Award Winner (’Best Documentary’)


Humpback Whale - two adults breaching
Japan is attempting to break the 24-year moratorium on commercial whaling

A SUNDAY TIMES investigation has exposed Japan for bribing small nations with cash and prostitutes to gain their support for the mass slaughter of whales.

The undercover investigation found officials from six countries were willing to consider selling their votes on the International Whaling Commission (IWC).

The revelations come as Japan seeks to break the 24-year moratorium on commercial whaling. An IWC meeting that will decide the fate of thousands of whales, including endangered species, begins this month in Morocco.

Japan denies buying the votes of IWC members. However, The Sunday Times filmed officials from pro-whaling governments admitting:

– They voted with the whalers because of the large amounts of aid from Japan. One said he was not sure if his country had any whales in its territorial waters. Others are landlocked.

– They receive cash payments in envelopes at IWC meetings from Japanese officials who pay their travel and hotel bills.

– One disclosed that call girls were offered when fisheries ministers and civil servants visited Japan for meetings.

Barry Gardiner, an MP and former Labour biodiversity minister, said the investigation revealed “disgraceful, shady practice”, which is “effectively buying votes”.

The reporters, posing as representatives of a billionaire conservationist, approached officials from pro-whaling countries and offered them an aid package to change their vote.

The governments of St Kitts and Nevis, the Marshall Islands, Kiribati, Grenada, Republic of Guinea and Ivory Coast all entered negotiations to sell their votes in return for aid.

Read moreJapan bribes small nations with cash and prostitutes to gain support for the mass slaughter of whales

China: 1.3 Million Flee As Flooding Kills 155

Unusually heavy seasonal flooding in China has killed at least 155 people and forced more than 1 million to flee as water levels in some areas reached at their highest in more than a decade, the government reported today.

Direct economic losses total 24 billion yuan (£4.5 billion), with large swaths of the country’s southeast hit especially hard, according to the Office of State Flood Control and Drought Relief Headquarters.

Virtually all of the country’s major rivers were swollen, while water levels in lakes along the mighty Yangtze River were higher than in 1998, when catastrophic flooding killed about 4,000 people.

Read moreChina: 1.3 Million Flee As Flooding Kills 155

BP Official Admits to Damage BENEATH THE SEA FLOOR

See also:

BP Blocking Media Access To Workers (Video)

BP Buys Search Term ‘Oil Spill’ From Google


As I noted Tuesday, there is growing evidence that BP’s oil well – technically called the “well casing” or “well bore” – has suffered damage beneath the level of the sea floor.

The evidence is growing stronger and stronger that there is substantial damage beneath the sea floor. Indeed, it appears that BP officials themselves have admitted to such damage. This has enormous impacts on both the amount of oil leaking into the Gulf, and the prospects for quickly stopping the leak this summer.

Read moreBP Official Admits to Damage BENEATH THE SEA FLOOR

No Secrets! WikiLeaks Founder Julian Assange’s Mission For Total Transparency

wikileaks-founder-julian-assange
Assange, the founder of WikiLeaks, oversees a populist intelligence network. Digitally altered photograph by Phillip Toledano.

The house on Grettisgata Street, in Reykjavik, is a century old, small and white, situated just a few streets from the North Atlantic. The shifting northerly winds can suddenly bring ice and snow to the city, even in springtime, and when they do a certain kind of silence sets in. This was the case on the morning of March 30th, when a tall Australian man named Julian Paul Assange, with gray eyes and a mop of silver-white hair, arrived to rent the place. Assange was dressed in a gray full-body snowsuit, and he had with him a small entourage. “We are journalists,” he told the owner of the house. Eyjafjallajökull had recently begun erupting, and he said, “We’re here to write about the volcano.” After the owner left, Assange quickly closed the drapes, and he made sure that they stayed closed, day and night. The house, as far as he was concerned, would now serve as a war room; people called it the Bunker. Half a dozen computers were set up in a starkly decorated, white-walled living space. Icelandic activists arrived, and they began to work, more or less at Assange’s direction, around the clock. Their focus was Project B-Assange’s code name for a thirty-eight-minute video taken from the cockpit of an Apache military helicopter in Iraq in 2007. The video depicted American soldiers killing at least eighteen people, including two Reuters journalists; it later became the subject of widespread controversy, but at this early stage it was still a closely guarded military secret.

by Raffi Khatchadourian
June 7, 2010

Read the full article here: The New Yorker


Related information:

Read moreNo Secrets! WikiLeaks Founder Julian Assange’s Mission For Total Transparency

The Spill, The Scandal and the President: The inside story of how Obama failed to crack down on the corruption of the Bush years – and let the world’s most dangerous oil company get away with murder

“BP Atlantis”!


the-spill-the-scandal-and-president-obama
President Obama in Port Fourchon, Louisiana, May 28, 2010.

This article originally appeared in RS 1107 from June 24, 2010.

(Rolling Stone Magazine) — On May 27th, more than a month into the worst environmental disaster in U.S. history, Barack Obama strode to the podium in the East Room of the White House. For weeks, the administration had been insisting that BP alone was to blame for the catastrophic oil spill in the Gulf – and the ongoing failure to stop the massive leak. “They have the technical expertise to plug the hole,” White House spokesman Robert Gibbs had said only six days earlier. “It is their responsibility.” The president, Gibbs added, lacked the authority to play anything more than a supervisory role – a curious line of argument from an administration that has reserved the right to assassinate American citizens abroad and has nationalized much of the auto industry. “If BP is not accomplishing the task, can you just federalize it?” a reporter asked. “No,” Gibbs replied.

Now, however, the president was suddenly standing up to take command of the cleanup effort. “In case you were wondering who’s responsible,” Obama told the nation, “I take responsibility.” Sounding chastened, he acknowledged that his administration had failed to adequately reform the Minerals Management Service, the scandal-ridden federal agency that for years had essentially allowed the oil industry to self-regulate. “There wasn’t sufficient urgency,” the president said. “Absolutely I take responsibility for that.” He also admitted that he had been too credulous of the oil giants: “I was wrong in my belief that the oil companies had their act together when it came to worst-case scenarios.” He unveiled a presidential commission to investigate the disaster, discussed the resignation of the head of MMS, and extended a moratorium on new deepwater drilling. “The buck,” he reiterated the next day on the sullied Louisiana coastline, “stops with me.”

What didn’t stop was the gusher. Hours before the president’s press conference, an ominous plume of oil six miles wide and 22 miles long was discovered snaking its way toward Mobile Bay from BP’s wellhead next to the wreckage of its Deepwater Horizon rig. Admiral Thad Allen, the U.S. commander overseeing the cleanup, framed the spill explicitly as an invasion: “The enemy is coming ashore,” he said. Louisiana beaches were assaulted by blobs of oil that began to seep beneath the sand; acres of marshland at the “Bird’s Foot,” where the Mississippi meets the Gulf, were befouled by shit-brown crude – a death sentence for wetlands that serve as the cradle for much of the region’s vital marine life. By the time Obama spoke, it was increasingly evident that this was not merely an ecological disaster. It was the most devastating assault on American soil since 9/11.

Like the attacks by Al Qaeda, the disaster in the Gulf was preceded by ample warnings – yet the administration had ignored them. Instead of cracking down on MMS, as he had vowed to do even before taking office, Obama left in place many of the top officials who oversaw the agency’s culture of corruption. He permitted it to rubber-stamp dangerous drilling operations by BP – a firm with the worst safety record of any oil company – with virtually no environmental safeguards, using industry-friendly regulations drafted during the Bush years. He calibrated his response to the Gulf spill based on flawed and misleading estimates from BP – and then deployed his top aides to lowball the flow rate at a laughable 5,000 barrels a day, long after the best science made clear this catastrophe would eclipse the Exxon Valdez.

noaa_estimate_64000_to_-110000_barrels_-a_day
Hours after BP’s rig sank on April 22nd, a white board in NOAA’s “war room” in Seattle displays the administration’s initial, worst-case estimate of the spill — 64,000 to 110,000 barrels a day.

Even after the president’s press conference, Rolling Stone has learned, the administration knew the spill could be far worse than its “best estimate” acknowledged. That same day, the president’s Flow Rate Technical Group – a team of scientists charged with establishing the gusher’s output – announced a new estimate of 12,000 to 25,000 barrels, based on calculations from video of the plume. In fact, according to interviews with team members and scientists familiar with its work, that figure represents the plume group’s minimum estimate. The upper range was not included in their report because scientists analyzing the flow were unable to reach a consensus on how bad it could be. “The upper bound from the plume group, if it had come out, is very high,” says Timothy Crone, a marine geophysicist at Columbia University who has consulted with the government’s team. “That’s why they had resistance internally. We’re talking 100,000 barrels a day.”

The median figure for Crone’s independent calculations is 55,000 barrels a day – the equivalent of an Exxon Valdez every five days. “That’s what the plume team’s numbers show too,” Crone says. A source privy to internal discussions at one of the world’s top oil companies confirms that the industry privately agrees with such estimates. “The industry definitely believes the higher-end values,” the source says. “That’s accurate – if not more than that.” The reason, he adds, is that BP appears to have unleashed one of the 10 most productive wells in the Gulf. “BP screwed up a really big, big find,” the source says. “And if they can’t cap this, it’s not going to blow itself out anytime soon.”

Even worse, the “moratorium” on drilling announced by the president does little to prevent future disasters. The ban halts exploratory drilling at only 33 deepwater operations, shutting down less than one percent of the total wells in the Gulf. Interior Secretary Ken Salazar, the Cabinet-level official appointed by Obama to rein in the oil industry, boasts that “the moratorium is not a moratorium that will affect production” – which continues at 5,106 wells in the Gulf, including 591 in deep water.

Most troubling of all, the government has allowed BP to continue deep-sea production at its Atlantis rig – one of the world’s largest oil platforms. Capable of drawing 200,000 barrels a day from the seafloor, Atlantis is located only 150 miles off the coast of Louisiana, in waters nearly 2,000 feet deeper than BP drilled at Deepwater Horizon. According to congressional documents, the platform lacks required engineering certification for as much as 90 percent of its subsea components – a flaw that internal BP documents reveal could lead to “catastrophic” errors. In a May 19th letter to Salazar, 26 congressmen called for the rig to be shut down immediately. “We are very concerned,” they wrote, “that the tragedy at Deepwater Horizon could foreshadow an accident at BP Atlantis.”

The administration’s response to the looming threat? According to an e-mail to a congressional aide from a staff member at MMS, the agency has had “zero contact” with Atlantis about its safety risks since the Deepwater rig went down.

Read moreThe Spill, The Scandal and the President: The inside story of how Obama failed to crack down on the corruption of the Bush years – and let the world’s most dangerous oil company get away with murder

Deutsche Bank: ‘America’s Foreclosure King’ – How The US Became A PR Disaster

Read the article in German here.

And Joseph Ackermann was at Bilderberg 2010:

Bilderberg 2010: Final (Official) List of Participants


Part 1: How the United States Became a PR Disaster for Deutsche Bank

deutsche-bank-ceo-josef-ackermann
According to real estate expert Steve Dilbert, “some 85 to 90 percent of all outstanding mortgages in the USA are ultimately controlled by four banks, either as trustees or owners of a trust company. Deutsche Bank is one of the four.” Criticized publicly for his company’s role in the foreclosures, Deutsche-Bank CEO Josef Ackermann (pictured) responded: “It’s painful to look at these houses.”

Deutsche Bank is deeply involved in the American real estate crisis. After initially profiting from subprime mortgages, it is now arranging to have many of these homes sold at foreclosure auctions. The damage to the bank’s image in the United States is growing.

The small city of New Haven, on the Atlantic coast and home to elite Yale University, is only two hours northeast of New York City. It is a particularly beautiful place in the fall, during the warm days of Indian summer.

But this idyllic image has turned cloudy of late, with a growing number of houses in New Haven looking like the one at 130 Peck Street: vacant for months, the doors nailed shut, the yard derelict and overgrown and the last residents ejected after having lost the house in a foreclosure auction. And like 130 Peck Street, many of these homes are owned by Germany’s Deutsche Bank.

“In the last few years, Deutsche Bank has been responsible for far and away the most foreclosures here,” says Eva Heintzelman. She is the director of the ROOF Project, which addresses the consequences of the foreclosure crisis in New Haven in collaboration with the city administration. According to Heintzelman, Frankfurt-based Deutsche Bank plays such a significant role in New Haven that the city’s mayor requested a meeting with bank officials last spring.

The bank complied with his request, to some degree, when, in April 2009, a Deutsche Bank executive flew to New Haven for a question-and-answer session with politicians and aid organizations. But the executive, David Co, came from California, not from Germany. Co manages the Frankfurt bank’s US real estate business at a relatively unknown branch of a relatively unknown subsidiary in Santa Ana.

How many houses was he responsible for, Co was asked? “Two thousand,” he replied. But then he corrected himself, saying that 2,000 wasn’t the number of individual properties, but the number of securities packages being managed by Deutsche Bank. Each package contains hundreds of mortgages. So how many houses are there, all told, he was asked again? Co could only guess. “Millions,” he said.

Deutsche Bank Is Considered ‘America’s Foreclosure King’

Deutsche Bank’s tracks lead through the entire American real estate market. In Chicago, the bank foreclosed upon close to 600 large apartment buildings in 2009, more than any other bank in the city. In Cleveland, almost 5,000 houses foreclosed upon by Deutsche Bank were reported to authorities between 2002 and 2006. In many US cities, the complaints are beginning to pile up from homeowners who lost their properties as a result of a foreclosure action filed by Deutsche Bank. The German bank is berated on the Internet as “America’s Foreclosure King.”

Read moreDeutsche Bank: ‘America’s Foreclosure King’ – How The US Became A PR Disaster

23 Killed, 340 Injured in Kyrgyz Riots; Interim Government Declares State of Emergency, Imposes Curfew

More than 23 people have died and 340 been injured in ethnic fighting which broke out last night in the city of Osh in southern Kyrgyzstan.

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Kyrgyz soldiers stand on an armoured vehicle in the streets of Osh Photo: AFP

Several buildings across Osh, the country’s second-largest city, were ablaze Friday morning, after witnesses reported hearing sustained gunfire beginning late Thursday. Gangs of young men armed with metal bars and stones attacked shops and set cars alight in the city.

Gunfire continued Friday, although it was not clear who was shooting, residents said.

The country’s provisional government, led by Roza Otunbayeva, has struggled to keep order in the volatile Central Asian state since seizing control during riots that ousted President Kurmanbek Bakiyev earlier this year. The central Asian country’s interim government declared a state of emergency, imposed a curfew, and sent in more than seven armoured cars to try to end the fighting between ethnic Kyrgyz and ethnic Uzbeks in the city.

Related Information:

New Violence in Kyrgyzstan Leads to Troop Deployment (New York Times)

In pictures: Kyrgyzstan unrest (BBC News)

23 Killed, 300 Wounded in Kyrgyz Riots (Voice of America)

Azimbek Beknazarov, the deputy Kyrgyz leader, said that apart from a few clashes, the situation now seemed under control.

“Everything began yesterday at about 11 pm, and, unfortunately, despite the curfew established, at present skirmishing is going on in the city,” he said.

More than 1000 young men came out onto the streets last night, many of them carrying guns or iron bars, and began to smash the windows of cafes and restaurants, and set fire to cars and buildings throughout the city.

Read more23 Killed, 340 Injured in Kyrgyz Riots; Interim Government Declares State of Emergency, Imposes Curfew

Bilderberg 2010: The Power Gallery

Bilderberg 2010: Final (Official) List of Participants:

Henry Kissinger, Larry Summers, Robert Rubin and Paul Volcker at Bilderberg 2010.

Change we can believe in! (Kissinger: Obama Will Create A New World Order)


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Henry Kissinger, diplomat, strategist, Nobel laureate, wanted for questioning in Spain over war crimes

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Queen Beatrix of the Netherlands, major stakeholder in Royal Dutch Shell

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Viscount Etienne Davignon, former vice-president of the European commission, president of the Bilderberg steering committee

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Paul Volcker, former chairman of the Federal Reserve and chairman of Barack Obama’s economic recovery board (centre); James Johnson, vice-chairman of Perseus (right)

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Robert Zoellick, head of the World Bank (centre); John Micklethwait, editor-in-chief of the Economist (left)

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Nout Wellink, president of the Bank of the Netherlands

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From left to right: in background, Jyrki Katainen, Finnish minister of finance; in centre, with moustache, Dieter Zetsche, chairman of Daimler AG, head of Mercedes-Benz Cars; to right of pillar, Jorma Ollila, chairman of Nokia, member of the board of directors of Ford and non-executive chairman of Royal Dutch Shell

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Neelie Kroes, Dutch politician. Former European commissioner for competition, current European commissioner for digital agenda

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Olaf Scholz, vice-chairman of the German Social Democrat party (left); Craig Mundie, chief research officer of Microsoft (right)

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Tommaso Padoa-Schioppa, the ‘founding father’ of the EU and ‘intellectual impetus’ behind the euro, president of the thinktank Notre Europe, member of the ‘Group of 30’ (chairman, Paul Volcker)

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Joaquín Almunia, European commissioner (right)

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Gustavo Cisneros, Cisneros Group, richest man in Latin America (beige suit)

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Peter Voser, CEO of Royal Dutch Shell

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Jacob Wallenburg, director of Coca-Cola, banker, industrialist, from Sweden’s billionaire Wallenburg family

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Mustafa Koç, billionaire heir to Turkish corporation Koç Holdings

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Francisco Pinto Balsemão, former prime minister of Portugal and CEO of Impresa, farewells an unknown delegate

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Victor Halberstadt, Bilderberg steering committee, professor of public economics at Leiden University, Netherlands, and international adviser for Goldman Sachs


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Javier Solana, secretary general of Nato from 1995 to 1999, and high representative for common foreign and security policy of the European Union from 1999 until 2009. He is a Knight of the Order of St Michael and St George, and a member of the Club of Rome

Gulf Blowout May Cost $4.3 Billion in Property Values

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June 11 (Bloomberg) — BP Plc’s oil spill may drive down the Gulf Coast’s shore-area property values by 10 percent for at least three years, according to CoStar Group Inc.

Losses may total $4.3 billion along the 600-mile (966- kilometer) stretch from the Louisiana bayous to Clearwater, Florida, the property-information service estimates.

“It’s just another blow to an already depressed real estate market,” Norm Miller, CoStar’s vice president of analytics, said yesterday in a telephone interview from San Diego. “The best thing you can do if you’re in real estate in this area is bide your time, don’t panic and don’t try to sell in this environment.”

Read moreGulf Blowout May Cost $4.3 Billion in Property Values

Chinese farmer declares war on property developers with homemade wheelbarrow cannon

A Chinese farmer is fighting off property developers who want his land, firing rockets from a homemade cannon made out of a wheelbarrow and pipes, state media said on Tuesday.

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The rockets, which can travel over 100 yards, exploded with a deafening bang (AFP)

Yang Youde, who lives on the outskirts of the bustling city of Wuhan, in central Hubei province, said he had fended off two eviction attempts with his improvised weapon, which uses ammunition made from locally sold fireworks.

“I shot only over their heads to frighten them,” he told the China Daily of his attacks on demolition workers sent to move him off his land. “I didn’t want to cause any injuries.”

The rockets, which can travel over 100 yards, exploded with a deafening bang, the official paper added. It did not say if anyone had been injured.

His approach is more aggressive than most, but Mr Yang’s problem is a common one.

Anger over property confiscation is one of the leading causes of unrest in China, with many people forced to give up homes and land to make way for anything from roads to luxury villas.

Mr Yang said the local government had offered him 130,000 yuan (£13,000) for his fields, on which they want to erect “department buildings”. He said the land is worth five times that amount.

Read moreChinese farmer declares war on property developers with homemade wheelbarrow cannon

BP Buys Search Term ‘Oil Spill’ From Google

Related article:

BP ‘manipulating search results’ on Google following oil spill (Times):

The company is purchasing terms such as “oil spill”, “Deepwater Horizon” and “Gulf of Mexico”, so that when a user types these words into the search engines, the results prominently feature a “sponsored link” to BP’s official page on its response to the spill.

Critics have described BP’s move as unethical. Maureen Mackey, a writer on the Fiscal Times, an online news site, said: “What it effectively does is that it bumps down other legitimate news and opinion pieces that are addressing the spill… and \[BP are\] paying big money for that.”

See also:

BP CEO Tony Hayward sold £1.4 million of his shares weeks before Gulf blowout

Goldman Sachs Sold 44% Of Its BP Stock 3 Weeks Before Gulf Blowout


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Oil is seen inside protective booms around Queen Bess Island off the coast of Louisiana Monday, June, 7, 2010. (AP)

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A bird flies above oil on the Gulf of Mexico off of East Grand Terre Island along the Louisiana coast (AP)

LONDON (Reuters) – BP Plc has bought terms such as “oil spill” from search engine providers including Google Inc (NASDAQ: GOOGnews) to help direct Internet users to its website as it attempts to control the worst oil spill in U.S. history.

A spokesman said BP would pay fees so its own website would rank higher or even top in the list of results when Internet users search on terms such as “oil spill,” “volunteer” and “claims.”

BP did not say how much it was paying for the service but President Barack Obama has criticised the company for spending $50 million on TV advertising to bolster its image during the crisis.

BP said it wanted to help people who were trying to access information on the BP website to find it more readily, rather than intending to draw away hits from other sites.

“We know people are looking for those terms on our website and we’re just trying to make it easier for them to get directly to those terms,” the spokesman told Reuters.

Read moreBP Buys Search Term ‘Oil Spill’ From Google

US government debt to rise to $19.6 trillion by 2015

Totally unsustainable. Prepare for collapse.

US: $13 Trillion Debt Poised to Overtake GDP (Chart of Day)

Doomed!


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WASHINGTON June 8 (Reuters) – The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.

The report that was sent to lawmakers Friday night with no fanfare said the ratio of debt to the gross domestic product would rise to 102 percent by 2015 from 93 percent this year.

Read moreUS government debt to rise to $19.6 trillion by 2015