An incredible simulation from the National Center for Atmospheric Research shows the oil slick getting caught in a loop current and wrapping around Florida and moving on to create a death cloud in the Atlantic.
The US is a failed state also because there is no accountability to the people by corporations or by government at any level, whether state, local, or federal. British Petroleum is destroying the Gulf of Mexico.
Unlike the estimate of total establishment employment to be released on Friday by the Bureau of Labor Statistics (BLS), today’s ADP Report does not include any federal hiring in May for the 2010 Census. For this reason it is reasonable to expect that
The failure this past week of these manipulation efforts is a huge signal that we are closer to the day when the floodgates will give way and we see gold and silver prices surging more quickly and by greater percentages.
he stock of U.S. money as measured by 'M3' money supply fell to $13.9 trillion from $14.2 trillion during the three months ending in April.
This 9.6% annualized contraction is unprecedented in the post-Depression era, and shows how, in this sense,
"It could last for years, plural. Okay? If everything fails and all these different kinds of relief wells don't work, it could be spewing stuff into the Gulf until we have dead zones, entire dead zones in the Gulf. For years," Kaku said.
The Great Karnac Knows (Not Quite) All! When something sounds “too good to be true” it’s usually because it is. While the Stock Return Predictor won’t predict short-term gains, if an investor is interested in the long term, then the SRP is the ticke
Some former Moody's analysts said they felt intimidated by bosses to assign rosy ratings to risky debt products, according to testimony to a government panel probing the causes of the financial crisis. "While there was never any explicit directive to
The market for new bond issues is eerily quiet, and dead in the U.S.. Fewer companies are attempting to issue debt perhaps for fear of instigating a visible negative market reaction towards their creditworthiness.
The market is expecting 500K jobs created, and an unemployment rate of 9.8%.
But while you're waiting for that, here's a quick survey of what the US employment situation really looks like, across various measures and industries.
Regulators on Friday shut down three banks in Florida and one each in Nevada and California, bringing the number of U.S. bank failures this year to 78.
The Federal Deposit Insurance Corp. took over the Florida banks, all owned by holding company B
The five affected US Gulf states alone have, between them, a $2.2 trillion economy. Cut that in half, which could easily happen if there’s oil all over the place, and you have a nationwide economic disaster, coming on top of everything else.
BP Plc has given up trying to plug its leaking well in the Gulf of Mexico any sooner than August, laying out a series of steps to pipe the oil to the surface and ship it ashore for refining, said Thad Allen, the U.S. government’s national commander..
This thing can blow up in our faces any moment now, with one fire igniting another across countries and within them. There’s just too many people falling by too many waysides, and too many of them will very simply not go gently into that night...