YouTube Added: Oct 19, 2013
YouTube Added: Nov 30, 2013
Trying to flee from Fukushima’s radiation plume, …
– The Pacific Is Broken: ‘After We Left Japan, It Felt As If The Ocean itself Was Dead’ – ‘I’m Used To Seeing Turtles, Dolphins, Sharks And Big Flurries Of Feeding Birds’ – ‘But This Time For 3000 Nautical Miles There Was Nothing Alive To Be Seen’
… but there’s no escape.
– CBS News: 100s of whales in bay on California coast; It’s never been like this, we just can’t even believe it — Experts: We just aren’t sure what’s going on; “A once-in-a-lifetime chance… unheard of, it’s unbelievable, nobody’s seen this” (VIDEO) (ENENews, Nov 30, 2013):
Gary Griggs, director of the Institute of Marine Sciences and Long Marine Laboratory at UC Santa Cruz, Santa Cruz Sentinel, Nov. 29, 2013: Pelicans, sea lions, whales, and dolphins have been in an unusual feeding frenzy, astounding all of us who have visited the coast in the past few weeks. From Natural Bridges to Capitola and beyond, and well as offshore, the food chain is in full bloom at a time when we don’t normally experience this concentration of feeding animals. […] The intense blooms of life in October and nearly into December are odd. […] Exactly why we are seeing these incredible numbers of anchovies isn’t completely clear. There are some ideas that surface, perhaps the warmer water in the bay is more conducive to anchovy egg and larval survival right now, and the fish know that. But we aren’t sure. […] Now if you were reading carefully, you would notice I changed subjects, diverted your interest, and never really answered the question of why there are all those anchovies out there. If I was absolutely certain I knew the answer, I would definitely share it with you.
Nancy Black, marine biologist with Monterey Bay Whale Watch, San Jose Mercury News, Nov. 11, 2013: “This is a once-in-a-lifetime chance, so people should see it […] This is just unheard of. It’s unbelievable. Nobody has seen this anywhere in California. This is a record year for this feeding aggregation of humpbacks and sea lions. There’s just miles and miles of fish out there.”
– US air carriers advised to comply with China air zone (USA Today/AP, Nov 30, 2013):
BEIJING (AP) — The United States advised U.S. carriers to comply with China’s demand that it be told of any flights passing through its new maritime air defense zone over the East China Sea, an area where Beijing said it launched two fighter planes to investigate a dozen American and Japanese reconnaissance and military flights.
It was the first time since proclaiming the zone on Nov. 23 that China said it sent planes there on the same day as foreign military flights, although it said it merely identified the foreign planes and took no further action.
– For Nearly 2 Decades, The Launch Code At All US Minuteman Nuclear Missile Silos Was 00000000 (Business Insider, Nov 29, 2013):
Today I found out that during the height of the Cold War, the US military put such an emphasis on a rapid response to an attack on American soil, that to minimize any foreseeable delay in launching a nuclear missile, for nearly two decades they intentionally set the launch codes at every silo in the US to 8 zeroes.We guess the first thing we need to address is how this even came to be in the first place. Well, in 1962 JFK signed the National Security Action Memorandum 160, which was supposed to ensure that every nuclear weapon the US had be fitted with a Permissive Action Link (PAL), basically a small device that ensured that the missile could only be launched with the right code and with the right authority.
– The Other America: “Taxpayers Are The Fools… Working Is Stupid” (ZeroHedge, Nov 30, 2013):
While what little remains of America’s middle class is happy and eager to put in its 9-to-5 each-and-every day, an increasing number of Americans – those record 91.5 million who are no longer part of the labor force – are perfectly happy to benefit from the ever more generous hand outs of the welfare state. Prepare yourself before listening to this… calling on her self-admitted Obamaphone, Texas welfare recipient Lucy, 32, explains why “taxpayers are the fools”…
“…To all you workers out there preaching morality about those of us who live on welfare… can you really blame us? I get to sit around all day, visit my friends, smoke weed.. and we are still gonna get paid, on time every month…”
She intends to stay on welfare her entire life, if possible, just like her parents (and expects her kids to do the same). As we vociferously concluded previously, the tragedy of America’s welfare state is that work is punished.
As quantitied, and explained by Alexander, “the single mom is better off earnings gross income of $29,000 with $57,327 in net income & benefits than to earn gross income of $69,000 with net income and benefits of $57,045.“
We realize that this is a painful topic in a country in which the issue of welfare benefits, and cutting (or not) the spending side of the fiscal cliff, have become the two most sensitive social topics. Alas, none of that changes the matrix of incentives for most Americans who find themselves in a comparable situation: either being on the left side of minimum US wage, and relying on benefits, or move to the right side at far greater personal investment of work, and energy, and… have the same disposable income at the end of the day.
– Incredible Minutes from a 1974 Henry Kissinger Staff Meeting on Gold (Liberty Blitzkrieg, Nov 29, 2013):
The following excerpts are from a transcript of a 1974 meeting held by the then Secretary of State Henry Kissinger and his staff. This particular meeting was held on April 25, and focused on an European Commission Proposal to revalue their gold assets. What follows is an incredible insight into the minds of powerful American leaders scheming to maintain power and show other nations their place. What is most significant is how clearly they understood that demonetizing gold was a critical strategy to maintaining a dominant power position in the world.
So to those who continue to say that “gold doesn’t matter” because it hasn’t been used as an official asset in the monetary system for decades, I say give me a break. In fact, the reality of gold having been largely demonetized makes it an even greater threat going forward if the U.S. does not have all the gold it claims to, and other nations have more than they admit to.
Thanks to In Gold We Trust for bringing this to my attention.
Choice excerpts are provided below, and breaks in the conversation are denoted with an “…” Enjoy. (Full transcript here.)
Secondly, Mr. Secretary, it does present an opportunity though—and we should try to negotiate for this—to move towards a demonetization of gold, to begin to get gold moving out of the system.
Secretary Kissinger: But how do you do that?
Mr. Enders: Well, there are several ways. One way is we could say to them that they would accept this kind of arrangement, provided that the gold were channelled out through an international agency—either in the IMF or a special pool—and sold into the market, so there would be gradual increases.
– Marc Faber: “We Are In A Gigantic Speculative Bubble” (ZeroHedge, Nov 29, 2013):
“We have to be careful of these kind of exponentially rising markets,” chides Marc Faber, adding that he “sees no value in stocks.” Fearful of shorting, however, because “the bubble in all asset prices” can keep going due to the printing of money by world central banks, Faber explains to a blind Steve Liesman the difference between over-valuation and bubbles (as we noted here), warning that “future return expectations from stocks are now very low.”
Nope no bubble here…
Along with this pattern…
which has emerged with striking fidelity since 2010, we observe a variety of other features typically associated with dangerous extremes:
– Black Friday: A Shameful Orgy Of Materialism For A Morally Bankrupt Nation (Economic Collapse, Nov 29, 2013):
It has been called “America’s most disturbing holiday”. Black Friday is the day when millions of average Americans wait outside retail stores in the middle of the night in the freezing cold to spend more money that they do not have for more cheap Chinese-made products that they do not need. It is a day when the rest of the world makes fun of Americans for behaving like “rabid animals” and “zombies” as we indulge in a tsunami of greed. It truly is a shameful orgy of materialism for a morally bankrupt nation. It is being projected that approximately 140 million Americans will participate in this disgusting national ritual this year. Sadly, most of them have absolutely no idea that they are actively participating in the destruction of the economic infrastructure of the United States. If you don’t understand why this is true, please be sure to read this entire article all the way to the end.
– Inflation, Shortages, and Social Democracy in Venezuela (Ludwig von Mises Institute, Nov 29, 2013):
The economic turmoil in Venezuela has received increasing international media attention over the past few months. In September, the toilet paper shortage (which followed food shortages and electricity blackouts) resulted in the “temporary occupation” of the Paper Manufacturing Company, as armed troops were sent to ensure the “fair distribution” of available stocks. Similar action occurred a few days ago against electronics stores: President Nicolás Maduro accused electronics vendors of price-gouging, and jailed them with the warning that “this is just the start of what I’m going to do to protect the Venezuelan people.”
Earlier this month, in another attempt to ensure “happiness for all people,” Maduro began to hand out Christmas bonuses, in preparation for the coming elections in December. But political campaigning is not the only reason for the government’s open-handedness. The annual inflation rate in Venezuela has been rapidly rising in recent months, and has now reached a staggering 54 percent (not accounting for possible under-estimations). Although not yet officially in hyperinflation, monetary expansion is pushing Venezuela toward the brink.
In such an environment, paychecks need to be distributed quickly, before prices have time to rise; hence, early bonuses. This kind of policy is nothing new in economic history: Venezuela’s hyperinflationary episode is unfolding in much the same way Germany’s did nearly a century ago.
– WaPo’s Modest Proposal: Dictator Obama (ZeroHedge, Nov 29, 2013):
“It’s time to put that power back where it belongs,” explains Jonathan Zimmerman in today’s Washington Post, “Barack Obama should be allowed to stand for re election just as citizens should be allowed to vote for — or against — him. Anything less diminishes our leaders and ourselves.” The 22nd Amendment, limiting the Presidential term, according to Zimmerman, reflected “a shocking lack of faith in the common sense and good judgment of the people.” Of course, in the increasingly ‘entitled’ America, it would only cost a few hundred million to bribe all the newly downgraded Middle-to-Lower class Americans with Obamaphones in order to finally get a “dictatorial democracy” by indirectly funding the lower common denominator with $400 in free money every election cycle.
I’ve been thinking about Kilgore’s comments as I watch President Obama, whose approval rating has dipped to 37 percent in CBS News polling — the lowest ever for him — during the troubled rollout of his health-care reform. Many of Obama’s fellow Democrats have distanced themselves from the reform and from the president. Even former president Bill Clinton has said that Americans should be allowed to keep the health insurance they have.