‘This Is Not A Program To Salvage The (Greek) Economy, It’s A Program For Pillage Before Bankruptcy’

“This Is Not A Program to Salvage the [Greek] Economy, It’s a Program for Pillage Before Bankruptcy” (ZeroHedge, June 21, 2011):

The best quote on the Greek parliament’s vote of confidence for Prime Minister George Papandreou – and thus his austerity plan:

“This is not a program to salvage the economy, it’s a program for pillage before bankruptcy,” said Alexis Tsipras, head of the small opposition Left Coalition.

It’s not just Greece.

As PhD economist Michael Hudson said in 2009::

  • The giant financial institutions have already killed their host – the real American economy
  • Since they realize that the American economy is dead, they are trying to suck as much blood out of America as possible while the corpse is still warm
  • Because the American economy is dead, their plan is to soon jump to another host. They will ship all of their money overseas

And see this and this.

City in Saitama Prefecture (Near Tokyo) Sets Independent Maximum Radiation Dose For Children

City in Saitama Prefecture sets independent maximum radiation dose for children (Mainichi, June 21, 2011):

KAWAGUCHI, Saitama — The city government here has set the maximum radiation dose for children at 1.64 millisieverts per year, making it the first local government in Japan to implement its own radiation exposure standard.

The tentative figure announced on June 20 is based on the International Commission on Radiological Protection (ICRP)’s 1 millisievert recommended maximum exposure to man-made radiation sources, plus Japan’s average background radiation dose of 0.34 millisieverts and the average 0.3 millisieverts of annual exposure to cosmic radiation.

Read moreCity in Saitama Prefecture (Near Tokyo) Sets Independent Maximum Radiation Dose For Children

Chinese Billionaires Buying Gold & Diamonds

Richard Russell – Chinese Billionaires Buying Gold & Diamonds (King World News, June 21, 2011):

“So in managing risk, there is not a lot of risk to manage when you own gold. Or let me put it this way — as far as money is concerned, the nearest thing to riskless money is gold.

Incidentally, in Sunday’s New York Times there is an article about Graff, the diamond king. Graff is turning to China to sell his multi-million dollar diamonds. In China billionaires are multiplying in faster quantities than is occurring in the US or anywhere else.

All the major diamond dealers and upscale merchandisers are opening stores in China The Chinese love to flaunt it. Wealthy Chinese know the value of tangible items that are priced in the vicinity of hundreds of millions of dollars and that are portable. Damn clever, these Chinese.

Dangerous Radioactive Leaks And Cracked Foundations Found At American Nuclear Plants

Fukushima USA? Dangerous radioactive leaks and cracked foundations go unpunished at American nuclear power plants (Daily Mail, June 20, 2011):

Safety has taken a back seat to cost-cutting at most of the nation’s nuclear power plants, sparking fears that America could be facing its own Fukushima disaster.

An investigation by the Associated Press has revealed federal regulators are repeatedly weakening – or simply failing to impose – strict rules.

Officials at the U.S. Nuclear Regulatory Commission have frequently decided that original regulations were too strict, arguing that safety margins could be eased without peril.

The constant danger of aging reactors operating without the highest standards has resulted in rising fears the NRC is significantly undermining safety.

Such negligence is destined to to bring the plants closer to a catastrophic accident that could harm millions and jeopardize the future of nuclear power in the U.S.

Examples abound.

When valves leaked, more leakage was allowed — up to 20 times the original limit.

When rampant cracking caused radioactive leaks from steam generator tubing, an easier test of the tubes was devised, so plants could meet standards.

Failed cables. Cracked concrete, corroded metals and rusty underground pipes — all of these and thousands of other problems linked to aging were uncovered in the AP’s year-long investigation.

Read moreDangerous Radioactive Leaks And Cracked Foundations Found At American Nuclear Plants

Indian Gold And Silver Imports Surge By Stunning 500 Percent!

Indian Gold And Silver Imports Surge By Stunning 500% In May (ZeroHedge, June 21, 2011):

India’s heretofore “insatiable” appetite for precious metals will need to find a new adjective to describe it, after it surged by an absolutely unprecedented 500% in May MoM, and 222% compared to May of 2010, touching on a massive $8.96 billion in imports in the past month. Putting this number in perspective the yearly average Indian imports are about $22 billion: in one month the country will have imported about half its average quota for the year! And while inflation may have much to do with it, events like the Sensex flash crash from last night certainly are not helping matters: “The gold story is puzzling” added financial analyst A S Kirolar. “Consumers are shying away from stocks and bonds and heading to safe assets like gold and real estate, but one cannot understand this given the meagre 12% growth in imports of petroleum and oil products.” Granted demand is not just at the retail level as ever more institutions are buying up gold: “Analysts maintained that India’s central bank, the Reserve Bank of India’s decision to grant licenses to seven more banks to import bullion has helped push up demand. Karur Vysya Bank, State Bank of Bikaner and Jaipur, State Bank of Hyderabad, Punjab and Sind Bank, South Indian Bank, State Bank of Mysore and State Bank of Travancore were added to the list. As of the start of 2011, some 30 banks in India have been granted permission to import gold and silver. Jewellers are getting easy supplies which is also helping push up demand. Moreover, the flow of scrap is also expected to fall from a yearly average of 200 tonnes, which could again boost imports, underlining the insatiable appetite of the Indian consumer.” Add ongoing Chinese demand for PMs, and one can see why calls for an imminent gold crash absent a global deflationary vortex are largely overblown.

Mineweb has more:

“Even as inflation and a widening trade deficit to $15 billion in May continues to weigh on the minds of Indian investors, the demand for fresh gold has continued to grow. This is very confusing, especially when one sees it against the backdrop of a 400% rise in the value of the rupee over the last decade,” said bullion analyst Anand Patnaik with a brokerage firm.

Read moreIndian Gold And Silver Imports Surge By Stunning 500 Percent!

Meet The Guy Who Robbed A Bank Just To Get Healthcare In Jail

Meet The Guy Who Robbed A Bank Just To Get Healthcare In Jail (Business Insider, Jun. 21, 2011):

With a undiagnosed growth on his chest and two ruptured disks, Richard James Verone needed medical attention and to get it he handed a note to a bank teller demanding $1.

Verone walked into an RBC bank in North Carolina, handed the teller the note, and she gave him the money. Then, according to the Gaston Gazette, he sat down and waited for the police to show up.

He said, “I didn’t have any fears. I told the teller that I would sit over here and wait for police.”

Never in trouble with the law, Verone worked for Coca-Cola for 17 years, but was laid off three years ago. He’s had part time jobs since, but nothing steady, and nothing with health insurance.

“If you don’t have your health you don’t have anything,” said Verone.

His plan includes a three year stint in prison, multiple surgeries, and then release — just in time to collect social security.

Russia Dumped 30% Of Its US Treasury Holdings In Half A Year, Warns It Will Continue To Sell US Debt

After Dumping 30% Of Its Treasury Holdings In Half A Year, Russia Warns It Will Continue Selling US Debt (ZeroHedge, June 18, 2011):

Just in time for the end of QE2, when the US needs every possible foreign buyer of US debt to step up to the plate, we get confirmation that yet another major foreign central bank has decided to not only not add to its US debt holdings, but to actively sell US Treasurys. The WSJ reports that “Russia will likely continue lowering its U.S. debt holdings as Washington struggles to contain a budget deficit and bolster a tepid economic recovery, a top aide to President Dmitry Medvedev said Saturday. “The share of our portfolio in U.S. instruments has gone down and probably will go down further,” said Arkady Dvorkovich, chief economic aide to the president, told Dow Jones in an interview on the sidelines of the St. Petersburg International Economic Forum.” Well, with Russia out, at least we have China and Japan continuing to buy US debt…. Oh wait, China is contemplating dumping two thirds of its debt you say? And the biggest buyer of Japanese bonds is now in the process of selling Japanese bonds in the open market for the first time (so not really in the market of US bonds). Well, surely US households will step up to the plate. After all they all have so much “cash on the sidelines” courtesy of the RecoveryTM ©® that they can’t wait to dump it all into paper yielding less than 3% a year, and has negative real rates of return. Wait, what’s that: according to the Fed, in Q1 US “households” sold $1.1 trillion annualized in Treasurys to the Fed? So, let’s get this straight: China, Japan, and now very much openly Russia, the three countries with the largest financial reserves in the world, are threatening, if not already dumping US bonds, just in time for US households to sell their holdings of US paper to Brian Sack. And this is happening 2 weeks before QE2 ends… Um… Are we and Bill Gross (and certainly not Morgan Stanley) the only ones to see a problem with this?

More on the latest confirmation that the time of US superpower supremacy has ended…

Asked if U.S. debt was as solid an investment now as it was 10 years ago, Mr. Dvorkovich said: “On an absolute basis, yes. On a relative basis, compared to other investments, of course not.”

Read moreRussia Dumped 30% Of Its US Treasury Holdings In Half A Year, Warns It Will Continue To Sell US Debt

Iraq Hunting $17 Billion Of Oil Money Stolen After US Invasion

See also:

Was The Iraq War Merely A Smokescreen For ‘The Largest Theft Of [Taxpayer] Funds In National History’?

Stuart Bowen, special inspector general for Iraq reconstruction, an office created by Congress, said the missing $6.6 billion may be “the largest theft of funds in national history.“”


The largest publicly admitted ‘theft’:

– Donald Rumsfeld on CBS NEWS: Pentagon Cannot Account For 2,3 TRILLION Dollars (Video)

Iraq hunting $17 billion missing after U.S. invasion (Reuters, Jun 19, 2011):

Iraq’s parliament is chasing about $17 billion of Iraqi oil money it says was stolen after the 2003 U.S.-led invasion and has asked the United Nations for help to track it down.

The missing money was shipped to Iraq from the United States to help with reconstruction after the ouster of Saddam Hussein.

Read moreIraq Hunting $17 Billion Of Oil Money Stolen After US Invasion

Prof. Hiroaki Koide of Kyoto University: Molten Cores Gone Through Bottom Of Containers, Sinking Into The Earth – We Have To Build Subterranean Dam To Prevent Groundwater Contaminated With Radioactive Materials From Leaking Into The Ocean

… but the project is in limbo because of opposition from TEPCO.

See also:

The Massive Fukushima Media Cover-Up – ‘There Has Been Massive Entry Of Radiation Into The Groundwater In Fukushima And That Will Simply Spread Throughout The Water Table In The Area Of Northern Japan’ (Video)

Preventing radiation contamination more important than TEPCO’s stock prices (Mainichi, June 20, 2011):

One figure who has entered the public spotlight in the wake of the nuclear crisis is 61-year-old

Hiroaki Koide, an assistant professor at the Kyoto University Research Reactor Institute and a controversialist in the anti-nuclear debate. A specialist in nuclear power, Koide has garnered attention as a persistent researcher who has sounded the alarm over the dangers of this form of energy without seeking fame.

In a TV Asahi program on June 16, Koide made the following comment:

“As far as I can tell from the announcements made by Tokyo Electric Power Co. (TEPCO), the nuclear fuel that has melted down inside reactors at the Fukushima nuclear plant has gone through the bottom of the containers, which are like pressure cookers, and is lying on the concrete foundations, sinking into the ground below. We have to install a barrier deep in the soil and build a subterranean dam as soon as possible to prevent groundwater contaminated with radioactive materials from leaking into the ocean.”

His comment captured public interest and when I asked a high-ranking government official about it, the official said that construction of an underground dam was indeed being prepared. But when I probed further, I found that the project was in limbo due to opposition from TEPCO.

A must-see:

Prof. Hiroaki Koide of Kyoto University On The UGLY TRUTH About The Nuclear Disasters Of Chernobyl And Fukushima (Video)

The Biggest Marine Corps Drill Ever On The U.S. East Coast

Headed to the beach? Heads up for an invasion force (CNN, June 19, 2011):

Washington (CNN) — It’s mid-June, a perfect time to visit the beach to watch porpoises play in the surf or seagulls strut the sand — or you could watch a formation of Marine Corps warplanes darting over the shore at hundreds of miles per hour.

But don’t worry — the United States hasn’t declared war on your family’s beach house. It’s just part of a major Marine Corps exercise called Exercise Mailed Fist (translation: armored fist).

The exercise is designed to test the capability of every type of Marine Corps aircraft, including MV-22 Ospreys and F/A 18 Hornets, as well as some Navy ships and Air Force planes.

The drill will stretch from Quantico Marine Base in northern Virginia to the Navy’s Pinecastle Bombing Range in Florida.

With thousands of Marines and other service members involved, it’s the biggest such drill ever on the U.S. East Coast.

Read moreThe Biggest Marine Corps Drill Ever On The U.S. East Coast

41% Of Belgian Central Bank Gold Has Been Lent Out

41% Of Belgian Central Bank Gold Has Been Lent Out (ZeroHedge, June 20, 2011):

Some very disturbing revelations from CLSA’s Chris Wood who in his latest Greed and Fear note discusses an event that may be all to prevalent within the central banking community: the less than overt lending out of central bank gold to “other entities” in return for picking up nickels in front of a steamroller. In this case, the central bank of governmentless Belgium, which had 41% of its gold out at the end of 2010 on loan. Naturally, the lent out gold is being used by some other key entity, potentially to mask its own inventory deficit, in exchange for the paltry sum of 0.3% on the total loan. Wood’s conclusion: “This is a reminder that the paper gold market is significantly larger than the physical market. Just like a run on a bank in a fractional banking system, GREED & fear suspects it will be very hard to settle all the paper claims to gold physically in a real scramble for the metal. This is why in a parabolic spike physical gold is likely to trade at a significant premium to paper claims.” We couldn’t have said it better ourselves.

Read more41% Of Belgian Central Bank Gold Has Been Lent Out

California Spends More Than $300 MILLION Per Execution

Death penalty costs California more than $300m per execution (Guardian, June 20, 2011)

The full burden of the death penalty in California has been laid bare by new research that calculates that each of the 13 prisoners executed in the state over the past three decades has cost more than $300m (£185m).

The study, by two senior legal figures, includes costs incurred at both state and federal level in keeping 714 death row inmates incarcerated as well as steering them through the tortuous judicial process all the way to the death chamber. The average length of time between conviction and execution in California now stands at more than a quarter of a century – double the national average.

The report’s authors, a senior judge, Arthur Alarcon, and a professor at Loyola law school, Paula Mitchell, do not make any judgement for or against the death penalty. They simply ask whether the system makes sense and whether Californian voters are getting what they wanted.

The answer is a resounding no, according to the authors. Since 1978 California and the US government have together spent some $4bn on the state’s death row, yet only 13 prisoners have been executed – an average of $308m for each one. The study, first reported by the Los Angeles Times, warns that the total figure will rise to about $9bn by 2030.

Under California’s peculiar penchant for referendums, the death penalty can only be reformed or revoked by voters themselves. Since 1978 voters have consistently opted to widen the capital punishment net so that the state now has the most sweeping laws in the country, with some 39 eligible crimes.

Yet in practice, the legal process has become so cumbersome, and the dearth of expert death penalty lawyers so extreme, that executions happen rarely if at all. Since 2006 there have been no executions as the state’s use of lethal injections has been mired in legal challenges.

“We really want voters to wake up and realise this is a horrible waste of money. If they are going to insist on keeping the death penalty they are going to have to spend even more money to fix it,” said Mitchell.

The alternative to capital punishment – sentencing the most serious crimes to life in prison with no chance of parole – would by comparison be much cheaper. The authors calculate that every year California spends almost $200m more than it would were all death row inmates transferred on to life without parole.

Read moreCalifornia Spends More Than $300 MILLION Per Execution

War Evolves With Surveillance And Killer Drones, Some Tiny As Bugs, Hiding in Plain Sight

War Evolves With Drones, Some Tiny as Bugs (New York Times, June 19, 2011):

WRIGHT-PATTERSON AIR FORCE BASE, Ohio — Two miles from the cow pasture where the Wright Brothers learned to fly the first airplanes, military researchers are at work on another revolution in the air: shrinking unmanned drones, the kind that fire missiles into Pakistan and spy on insurgents in Afghanistan, to the size of insects and birds.

The base’s indoor flight lab is called the “microaviary,” and for good reason. The drones in development here are designed to replicate the flight mechanics of moths, hawks and other inhabitants of the natural world. “We’re looking at how you hide in plain sight,” said Greg Parker, an aerospace engineer, as he held up a prototype of a mechanical hawk that in the future might carry out espionage or kill.

Read moreWar Evolves With Surveillance And Killer Drones, Some Tiny As Bugs, Hiding in Plain Sight

Fukushima = Chernobyl x 18.51 – Fukushima Water 144 Times As Radioactive As Anticipated – Water Treatment System Halted

18.51 = 144 x 720,000 : 5,600,000

Contaminated Water Processing at #Fukushima: The Water Was Simply Too “Hot” (EX-SKF, June 19, 2011):

for the system to handle, TEPCO found out.

From Asahi Shinbun (1:02PM JST 6/20/2011):


TEPCO investigated the contaminated water treatment system that was halted [when the radiation on the Kurion’s subsystem exceeded the limit (4 millisieverts/hour) set by TEPCO] and announced on June 20 that the problem was caused by the flow of the water that contained much more radioactive materials than expected. TEPCO is conducting the test again to measure the radiation level.

Well, over 100,000 tonnes of highly contaminated water at Fukushima I Nuclear Power Plant are estimated to contain 720,000 terabecquerels of radioactive materials.

If Kurion’s vessel absorbed enough radioactive materials in 5 hours and it should have taken 30 days, as I wrote in my previous post, the water was 144 times as radioactive as the system had anticipated.

If the water actually turns out to be 144 times as radioactive, the Fukushima accident would need a new INES category and should not be placed in the same category (Level 7) as the Chernobyl accident which released only 5.6 million terabecquerels of radioactive materials. Maybe it should be simply called “Level Fukushima”.

See also:

Fukushima Now Equal To 50 Plus Chernobyls & 3,000 Billion Lethal Doses Of Radiation

Fukushima: Three Million of Millions of Potential Lethal Doses (PDF)

On March 15:

Japan Nuclear Meltdown: It’s Much, Much Worse Than It Looks (Thanks To The Stupidity of Nuclear Engineers!)

As Robert Alvarez, a former nuclear energy adviser to President Bill Clinton, has written, if these waste containers, euphemistically called “ponds,” were to be damaged in an explosion and lose their cooling and radiation-shielding water, they could burst into flame from the resulting burning of the highly flammable zirconium cladding of the fuel rods, blasting perhaps three to nine times as much of these materials into the air as was released by the Chernobyl reactor disaster. (And that’s if just one reactor blows!) Each pool, Alvarez says, generally contains five to ten times as much nuclear material as the reactors themselves. Alvarez cites a 1997 Nuclear Regulatory Commission study that predicted that a waste pool fire could render a 188-square-mile area “uninhabitable” and do $59 billion worth of damage (but that was 13 years ago).

Fallout! (60 Minutes): Japan’s Recovery Won’t Be Measured In Years, But Centuries – Michio Kaku: These Humans Are Guinea Pigs!

Don’t miss to watch the video:

Fallout! (60 Minutes, June 17, 2011):

When Japan was rocked by a massive earthquake and tsunami back in March, we told ourselves the worst was behind us.

Tens of thousands dead, an economy shattered, whole communities razed.

Surely the Japanese had suffered enough.

But all these weeks later, the crisis is far from over.

The crippled Fukushima nuclear plant is still leaking and, judging from the experience at Chernobyl, Japan’s recovery won’t be measured in years, but centuries.

Full transcript: LIZ HAYES: On Japan’s eastern shores where thousands of people once lived there are now only neat piles of rubble and an eerie silence to mark the tsunami that so devastated a nation. But it’s not long before that silence is shattered signalling there’s another disaster looming. What’s it saying, Frank?FRANK JACKSON: It’s nothing like it’s said before.

LIZ HAYES: We’re heading for ground zero of Japan’s nuclear crisis the meltdown of the Fukushima power plant. It’s more than 20km away, but already we’re picking up its deadly fallout.

FRANK JACKSON: The radiation is building, the further we go in so it’s going to be too dangerous to carry on.

LIZ HAYES: So we actually have to stop here.

FRANK: Yep. I’m not willing to take you any further.

LIZ HAYES: Radiation expert Frank Jackson and his Geiger counters tell us we’ve already come too far. Even the protective gear is not enough?

FRED: Gamma is the strongest form of radiation it will go through most things apart from lead.

LIZ HAYES: Well, that’s the type of radiation we want to avoid.

FRED: It is. Yeah.

LIZ HAYES: Fukushima a major supplier of Japan’s power once looked like this. These shocking new images show the moment the tsunami smashed into the plant triggering a series of fires and explosions. Just 200 kilometres from Tokyo, three of the six nuclear reactors at Fukushima are now in meltdown and deadly radiation has already leaked into the sea and air.

MICHIO: They say the reactor is stable, yes, that’s true. Stable like you’re hanging on the edge of a cliff hanging by your fingernails and that one by one your fingernails start to crack. That’s stability. In other words, it’s a race against time.

LIZ HAYES: If you thought nuclear disaster had been averted in Japan, then meet physicist, Michio Kaku.

MICHIO: If you’ve been exposed because you’re an atomic worker, even after you’re long dead and buried your gravesite will be radioactive. Your great grandkids can come with Geiger counters and see that great granddaddy still has radiation at his gravesite.

LIZ HAYES: Are you serious?

MICHIO: I’m serious

LIZ HAYES: The death and destruction, the displacement of so many families has been quite shocking and radioactive contamination just adds another layer to what is already an unspeakable tragedy, these were obviously people’s homes but because the nuclear plant is just 20 kilometres the decision to return rebuild may well be out of their hands. More than 135,000 people have been forced to evacuate. The streets, in towns and villages are now mostly deserted. And locals have been told their food and water may be contaminated. Shall we test these?

FRED: There’s the same as an X-ray according to this.

LIZ HAYES: So every time you have a cabbage you have an X-ray.

FRED: Yep.

LIZ HAYES: These are Japan’s radiation refugees, thousands who are now living in cardboard shelters sleeping on the floors of public buildings with few possessions and little privacy and facing a future that doesn’t seem to offer much more. When you look at this I do feel like I’m looking through someone’s window. People have gone to a lot of effort to try and make a cardboard box home.

CHIA: Yeah, I’m surprised to see there are photographs and all the book shelves built up.

LIZ HAYES: Many Japanese people, like Chia Matsumoto fear their country will never fully recover. Do you think you’ll ever be able to take food, water, the air you breathe for granted again?

CHIA: Ah, knowingly no, I don’t think so. I just have to believe that that’s safe to eat or drink. But somewhere in my mind I’m sure I know and I always suspect or always doubt is this, I have to ask myself “is this is okay, or if I do this, is it going to show in my health in a few years’ time. I already do.”

MICHIO: These are guinea pigs in some sense. Human guinea pigs to see exactly how radiation disperses in the environment and exactly how it’s incorporated into people’s bodies and into their children’s bodies and as the years and decades go by we’ll see an increase in cancer.

Read moreFallout! (60 Minutes): Japan’s Recovery Won’t Be Measured In Years, But Centuries – Michio Kaku: These Humans Are Guinea Pigs!

Fukushima: 1.6 BILLION BECQUERELS Released When Reactor 2 Doors Opened

Japan pumps water into reactor to contain radioactivity (Monsters And Critics/DPA, Jun 20, 2011):

Tokyo – Japanese authorities pumped water into a damaged nuclear reactor over the weekend to contain high radiation, news reports said Monday.

Tokyo Electric Power Co (TEPCO), which runs the Fukushima Daiichi Nuclear Power Station, started Sunday to pour water into a pool on the top floor of reactor 4 of the six-reactor plant after it discovered the water level had dropped to about one-third of its capacity, public broadcaster NHK reported.

The drop caused equipment in the pool to be exposed, releasing high levels of radiation, officials said.

The plant has been leaking radioactive substances since it was crippled by the March 11 earthquake and tsunami.

The radiation levels at reactor 4 have been preventing workers from entering the structure to conduct repairs.

TEPCO also began late Sunday to release air containing radioactive substances from the building of reactor 2 by opening its doors.

An estimated 1.6 billion becquerels of radioactive materials were released, compared with 500 million becquerels when the double doors of the building of reactor 1 were opened in May, the Jiji Press agency reported, citing TEPCO.

The operator denied that the releases would have an impact on the environment.

Read moreFukushima: 1.6 BILLION BECQUERELS Released When Reactor 2 Doors Opened

Nebraska: Record Missouri River Surge – Inches Toward Nuclear Plant Shutdown Level

River inches toward nuke plant shutdown level (Journal Star, June 20, 2011):

The Missouri River rose to record height Sunday at Brownville, prompting Cooper Nuclear Station three miles south of the community to declare a low-level emergency at 2:06 a.m.

NPPD said it would take the plant offline if the water level reached 902 feet above sea level. At 6 p.m., the level was 901.73 feet.

Water levels at the Brownville gauge increased approximately two feet in a 24-hour period from 5:30 a.m. Saturday to 5:30 a.m. Sunday.

Record River Surge Recorded In Southeast Nebraska (WOWT, Jun 20, 2011):

The Missouri River surged to a new record at Brownville in southeast Nebraska Sunday afternoon as workers have been adding sandbags to the levee.

The National Weather Service said the river measured at 44.75 feet surpassing a record of 44.3 feet set in 1993. Flood stage is 33 feet.

The U.S. Army Corps of Engineers said the river level at Brownville surged two feet from Saturday morning to Sunday morning. Col. Bob Ruch attributed that to heavy rain on the Nishnabotna River, which flows into the Missouri,
and to some erosion along a levee upstream at Hamburg, Iowa, that created a water pulse.

The Nebraska Emergency Management Agency says water was flowing over a levee there and into farmland, but the levee is being built up.

Read moreNebraska: Record Missouri River Surge – Inches Toward Nuclear Plant Shutdown Level

US: 75 Percent Of Nuclear Plants Have Leaked Radioactive Tritium (AP)

75 percent of nuke sites have leaked tritium (AP, June 17, 2011):

BRACEVILLE, Ill. (AP) – Radioactive tritium has leaked from three-quarters of U.S. commercial nuclear power sites, often into groundwater from corroded, buried piping, an Associated Press investigation shows.

The number and severity of the leaks has been escalating, even as federal regulators extend the licenses of more and more reactors across the nation.

Read moreUS: 75 Percent Of Nuclear Plants Have Leaked Radioactive Tritium (AP)

Tony Hayward Teams With Nat Rothschild For Post-BP Comeback (Forbes)

A comeback for Tony Hayward, seriously?

Beyond Stupid: BP CEO Tony Hayward:

“The Gulf of Mexico is a very big ocean. The amount of volume of oil and dispersant we are putting into it is tiny in relation to the total water volume.”

Related info:

Who runs the show here?

Former Governor Jesse Ventura on The View: ‘The Federal Reserve Runs The Country’, ‘I Call Homeland Security The GESTAPO’, ‘Last Year Alone The Government Classified 16 Million Documents Top Secret’

And the Federal Reserve is run by private banksters (controlled by the Rothschild’s) and is no more Federal than Federal Express.

30 Facts – The Rothschild Bankers Planned The Gulf Disaster

– Former governor Jesse Ventura Conspiracy Theory: ‘Gulf Coast Oil Spill’

Tony Hayward Teams With Nat Rothschild For Post-BP Comeback (Forbes, Jun. 17 2011):

Redemption. Second chance. Comeback. Whatever you want to call it, we all deserve at least one, and Tony Hayward’s is well under way. Less than a year after leaving BP, Hayward has teamed with banking scion Nat Rothschild to forge a new future.

This week they celebrated the pubic listing of Vallares, a blank-check investment vehicle through which they intend to acquire as much as $10 billion in oil and gas assets. Investors were so keen to extend Hayward a new lease on life that the IPO raised $2.2 billion, far more than the $1 billion initially planned.

Read moreTony Hayward Teams With Nat Rothschild For Post-BP Comeback (Forbes)

Permaculture Is Real, But Sepp Holzer Is A Fraud, Who Is Only In For The Money

As much as I loved the idea that ‘originals’ like Sepp Holzer exist, which is why I have posted these videos …

Sepp Holzer on Permaculture: Farming with Terraces and Raised Beds

Sepp Holzer: Permaculture – Farming With Nature

… I have to tell you about the following book.

Sepp Holzer fans would be very good advised to study this carefully documented book.

And this book is not just about one personal dispute or vendetta of Gertrud Barrada with Sepp Holzer.

If you haven’t read it you would probably not believe it.

On the other hand if you have read it then Sepp Holzer must be a documented  dabbler, a liar, a criminal (also against nature), a thief, a destroyer and a fraud, who is only in for the money.

The problem is that the book is in German.

@ Amazon.de:

– Bittere Ernte: Mut zur Wahrheit – Eine Frau packt aus

@ Amzon.com there are only expensive used books available:

 Bittere Ernte: Mut zur Wahrheit – Eine Frau packt aus


US: 2 Million Construction Jobs May Be Lost For Good

2 million construction jobs may be lost for good (CBS News, June 16, 2011):

LOS ANGELES – Some Americans are giving up entirely on the idea of owning a house – choosing instead a condo or renting an apartment.

In southern California, CBS News correspondent Bill Whitaker reports more of those homes are being built now – but they don’t create as many construction jobs as single-family houses do.

Put on life support by the recession, housing construction in California is beginning to show a pulse. But the life blood is no longer single-family houses. There’s a new driving force: apartment and condo construction.

370,000 construction workers lost their jobs in California in the recession. Since building an apartment takes fewer workers than a whole development of single-family houses, it’s likely 200,000 of those lost jobs are not coming back.

Nationwide, 2 million construction jobs seem lost for good. The states that have fallen the hardest, California, Nevada, Florida and Arizona, are the very states where construction expanded the most before the bubble burst. In the boom years, Delvin Knight built single-family houses in the suburbs. Now he feels lucky to have landed this job in Hollywood.

Japanese Information Control: Nuclear Industry Insiders Were Told To Keep Quiet About Spiking Radiation Levels 155 Miles South of Fukushima – TEPCO Paid For Blacklist Of Actors And Musicians

Toxic truth about Japan’s ‘miracle’: Post-tsunami harmony is a myth and the reality is startlingly different (Daily Mail, June 18, 2011):

‘We are living in a limbo with no privacy,’ she says. ‘Our lives stopped. People here are suffering mentally.’

The 254 billion yen (£1.94 billion) raised by the Japanese Red Cross for tsunami victims (including £10.5 million donated from Britain) is taking an astonishingly long time to reach the people who need it most. Just 37 billion yen has been distributed so far.

Pensions and welfare payments, too, have dried up. Mr Konno, a diabetic, can’t understand why his monthly benefits of 15,000 yen (£114) stopped the moment he moved to a shelter.

Another victim, a 78-year-old widow, Mrs Utako Saito, sleeps in a tent she has pitched in her wrecked wooden cottage. She has not received her pension for three months.

Read moreJapanese Information Control: Nuclear Industry Insiders Were Told To Keep Quiet About Spiking Radiation Levels 155 Miles South of Fukushima – TEPCO Paid For Blacklist Of Actors And Musicians

A Lesson From The Gold Standard (Invented By Sir Isaac Newton Ca. 1700)

Physical gold (and silver) is real money …

James Turk on the US Dollar, the Euro, Hyperinflation, Gold And Silver (Video)

… everything else is an illusion.

A lesson from the Gold Standard (Gold Money, June 19, 2011):

Sir Isaac Newton invented the Gold Standard circa 1700. The Gold Standard undoubtedly ranks as one of his greatest achievements given that it became the backbone of the British Empire.

The pound was “as good as gold”, as the saying went, and the pound banknote was accepted around the globe as a substitute for gold itself – but not always. The paper-pound was willingly accepted until there was a banking or financial crisis, which meant the quality of the currency and the reliability of banks became questioned.

Read moreA Lesson From The Gold Standard (Invented By Sir Isaac Newton Ca. 1700)

Ceasefire Between Germany And ECB Has Expired: Greek Compromise Plan Now ‘OFF THE TABLE’

Ceasefire Between Germany And ECB Has Expired: Greek Compromise Plan Now “Off The Table” (ZeroHedge, June 19, 2011):

The one catalyst which sent the EURUSD (and thus its first derivative, the SPX) surging on Friday was the Guardian story that Germany, Sarkozy and most importantly, the ECB, have reached a consensus over the form of the second Greek bailout. In the immediate aftermath, Greece, sensing European weakness, announced that it would seek to pass the Troica plan however with substantial changes, a development which prompted us to say that “now that Merkel has effectively thrown in the towel to her, and the CDU’s, political reign by agreeing with the ECB’s and France’s demands, a move which will be brutalized by Der Spiegel in T minus 5 minutes, the fact that Europe blinked to Greece’s bluff, just may mean that every demand out of Greece will be met.” Well, sure enough here is Der Spiegel, however instead of seen as bending over to Greece, Germany appears to have had a dramatic change of heart, and told not only Greece to take its demands and shove them, but the ECB to go fornicate itself.

Per AFP: “A German compromise plan to resolve a dispute with the European Central Bank over the Greek rescue that was reported by Der Spiegel magazine is no longer on the table, a government source said Sunday. Der Spiegel had reported ahead of its Monday issue that the German finance ministry called for a beefed-up version of Europe’s temporary bailout mechanism lending to Greek banks to insure they have adequate collateral with the ECB. Germany’s share of guarantees would climb to 246 billion euros from 123 billion euros, according to the report. But a German official, who spoke on condition of anonymity, said that while “several options” were being debated to involve private creditors in an Athens rescue, the reported proposal was “no longer on the agenda“. The source added that the initial plan had differed from the reported proposal in “key aspects”. German officials say they seek a plan with as few “unwanted side effects” as possible.” Naturally, key among these being the perception that German is a toothless power, happy to invite inflation now that wanton Euro printing will be the next step in the bailout chain of command. And so the ball is back in the ECB’s court which will have to scramble once again to prevent Jean-Claude Jun(c)ker’s greatest nightmare: the 20 big figure plunge in the EURUSD predicted by John Noyce earlier.

Read moreCeasefire Between Germany And ECB Has Expired: Greek Compromise Plan Now ‘OFF THE TABLE’