Search This Blog

Friday, May 27, 2011

Breaking News May 27, 2011

Economic News

  • U.S. dollar could 'collapse': UN
UNITED NATIONS – The United Nations warned on Wednesday of a possible crisis of confidence in, and even a “collapse” of, the U.S. dollar if its value against other currencies continued to decline. In a mid-year review of the world economy, the UN economic division said such a development, stemming from the falling value of foreign dollar holdings, would imperil the global financial system. Read it on Global News: U.S. dollar could 'collapse': UN
From Website:
Author: Mac Slavo Date: May 26th, 2011

  • Pinks Slips Coming For 450,000 State and Local Government Employees in 2012
Around 450,000 people who work for U.S. states, counties, cities, towns and villages could get pink slips in fiscal 2012, sharply up from the 300,000 positions shed this year, a report said on Monday. 

How’s that for a jobless recovery? Less and less jobs all the time, so how can there be a recovery?

From Voice of Russia:
Athens is ready to stop using the euro and go back to the drachma. This was announced by European Commissioner for Greece Maria Damanaki. An official message placed on her web site on the 25th of May reads that “the scenario of Greece being distanced from the euro is now on the table”.
Announcer: There is every reason for Brussels to be seriously alarmed on hearing such declarations. Greece’s departure from the euro zone would not only hit the euro and the economies of the countries for which it is the national currency but also seriously damage the EU’s political reputation.

Alarm bells are going off all around the world as Greece contemplates a default. Will Greece be declared a ‘terrorist’ state and invaded by NATO, how about Portugal, Spain, Italy??? Every debt that is owed anywhere in the world to institutions should be defaulted upon; the sun will still rise and the world will go on. And all politicians and bankers should be put on trial for treason. Since there is no chance of this happening, look for a descent into anarchy all around the world in the not too distant future. What does Anarchy look like? The following video report from Russia Today is a very mild version of the real thing when it arrives. I believe we will see much more violent and bloody versions of these Spanish / Greek protests in the US and possibly in the UK, France and Italy.

Norway's Frontline, which operates the world's largest oil tanker fleet, announced an 81-percent decline in net income for the first quarter compared to last year. Returns on very large crude carriers reached $177,036 a day in July 2008, but have fallen to $8,900, according to Businessweek

How’s that for a recovery? Profits decreasing by 90%! This is spread right across the board as companies scramble to cut costs (mostly labor, so less jobs), and reduce profits just to stay in business. Were it not for TRILLIONS of taxpayer funds being fraudulently diverted to private companies and the stock market, the Global Economy would be dead and buried by now! The question is how long can this charade last? For all intents and purposes there is little or no multinational private enterprise left that is healthy and profitable. Public monies, meaning taxpayer largesse keeps profits flowing to these multinational bloodsucking vampires but the public is fast running out of blood and the patient (The Global Economy) will die; there is no other possible outcome.

Ongoing and developing wars leading to World War III

From Voice of America News:
Several strong explosions have shaken Tripoli early Tuesday as NATO warplanes repeatedly bombed targets around the Libyan capital. Correspondents on the scene describe it as one of the most intense series of airstrikes since NATO's air campaign against the forces of Libyan leader Moammar Gadhafi began. More than a dozen explosions were heard in the first hour of the raids.

From Global Post:
According to Pakistani intelligence sources, more than 2,200 people have been killed in drone attacks since 2004. It's hard to know how many of those deaths have been civilians. But even by the most conservative estimates, about 50 percent of the casualties are thought to have been civilians. 

If 2200 people have already been killed in Pakistan by US drones, more than half of them civilians, and the US is not even officially at war with Pakistan, what will the death count be when an official invasion occurs? This statistic that 50% of them are civilians is rather misleading because there is no army there that the US is attacking with their drones; so in fact that they are all civilians. Just classifying someone as an insurgent does not make them military or a terrorist. Isn’t it amazing how people from the same organizations are classified as ‘REBELS’ in Libya and supported by US / NATO, but classified as ‘INSURGENTS’ in Pakistan and attacked by US / NATO? Orwellian double speak does not even begin to describe this hypocrisy.

PESHAWAR, PakistanA suicide bomber in a pickup truck detonated his explosives near several government offices in northwest Pakistan on Thursday, killing at least 32 people, in the latest violence to hit the country since the U.S. raid that killed Osama bin Laden.  

Pakistan is being deliberately destabilized to the end that an ‘unstable’ country with nuclear weapons must be controlled, which is a euphemism for ‘invaded and destroyed’. The invasion of Pakistan will inevitably lead to a war with India, and possibly involve China, Iran and maybe even Russia. At the same time the destabilization of The Middle East continues non – stop with the rhetoric being ratcheted up by Obama, Netanyahu and the Palestinians who have considered Netanyahu’s refusal to retreat to Israel’s 1967 borders as a declaration of war.

From: The Independent UK:
Israel's prime minister, Benjamin Netanyahu, wrapped up a rocky visit to Washington yesterday with a defiant speech to US Congress that appeared to dash any hopes of reviving stalled peace talks with the Palestinians. Nabil Shaath, a spokesman for the Palestinian President Mahmoud Abbas, said Mr Netanyahu's speech was "a declaration of war against the Palestinians... and unfortunately, it received a standing ovation".

World War 3 beginning in The Middle East is a distinct possibility but whether it begins there or not, it is a given that it is coming, and most likely in the first half of this decade.

Extreme Weather News

From Voice of Russia: 
Deputy Director at the Russian Institute for Nuclear Engineering, Chernobyl clean-up worker Igor Ostretsov commented on the situation in an interview with the VOR…
"The Fukushima disaster has proved that nuclear industry should be controlled only by the state and not by private companies. The outcome of this tragedy has turned even worse than it was in Chernobyl. Graphite which was part of the reactor`s core, burnt out and vanished in the atmosphere. But at Fukushima the reactor`s core melted."

Super Typhoon Songda ripped across the western Pacific on Thursday, dropping heavy rain on the Philippines and threatening Okinawa and the Japanese main islands with rain and damaging winds into the weekend. Songda was a Category 5 storm late Thursday, with maximum sustained winds of 161 mph and gusts of 195 mph, according to the Joint Typhoon Warning Center in Pearl Harbor, Hawaii. The storm was producing wave heights of 38 feet in the Pacific, forecasters said. The forecast track for Songda put it over Okinawa on Saturday night as a Category 2 storm, with maximum sustained winds of 109 mph and gusts up 132 mph. 

If A storm such as the one above hits Fukushima directly, it will be like a 1000 nuclear bombs going off at once; it will destroy Japan and surrounding regions for certain but will radiate the whole planet, much more so than has already been done, and continues to be done on a daily basis.

From Freaky Weather:
Drought on China's Yangtze river has led to historically low water levels that have forced authorities to halt shipping on the nation's longest waterway, the government and media said Thursday. The water level along the lower reaches of the river near the city of Wuhan was just above three metres (10 feet) on Thursday, the Chang Jiang Waterway Bureau said on its website. A day earlier, the bureau closed a 228-kilometre (140-mile) stretch above Wuhan to ocean-going vessels due to shallow water in an effort to prevent the ships from bottoming out.
Further up the river, the massive Three Gorges Dam, the world's biggest hydroelectric project, has discharged more water to alleviate the drought conditions down river, state press reported. It was not immediately clear if the measures would be effective, as the drought along the middle reaches has sent water levels to their lowest point in five decades, the China Daily said. The 6,300-kilometre Yangtze is China's longest waterway and is indispensable to the economies of many cities along its route.

One point we need to keep in mind when comparing 50 or 100 year old records to the present day is that there are 3 – 4 more times the number of people living now then there were back then. So a climate issue that may have affected a small number of people could be deadly for millions today.

From CBC Canada:
Holes as deep as five metres appeared in green fields and driveways. Engineers and geologists are examining dozens of deep holes that appeared in the ground in Quebec City's north end this week, as residents are being urged to leave their homes for safer locations. City officials served evacuation papers Wednesday to about 15 homes and one business in Quebec City's Charlesbourg district, where nearly 40 holes have been reported.


This sinkhole phenomenon first began to to be reported last year as numerous large sink hole began to appear worldwide. There was a very large one in Guatemala and in Germany, in Oregon, and in Texas, and around the world. I believe a whole lake disappeared into a sinkhole somewhere in the US. Late last year a Quebec family was swallowed up as their house collapsed into a sinkhole that appeared out of nowhere. I am convinced that this phenomenon is going to get much bigger as the earth shakes and quakes harder and faster, as floods and severe droughts shift the moisture content of the soil. In the TV movie 10.5 a whole California town was swallowed up by what amounted to a gigantic sinkhole caused by extreme seismic activity.Super storms such as those depicted in the movie 'The Day After Tomorrow' are not going to be the realm of Hollywood fiction for much longer; they are already beginning to happen as witnessed by the continent wide winter storm in February over North America and by the incredible number of tornadoes devastating the heartland of America. In the made for TV movie 10.5 Apocalypse, Las Vegas sinks into the desert, such events too will be seen in the not too distant future. We cannot stop these things from happening but we can understand why they will be happening. We can put our Faith in Him who will destroy this world but will replace it with one that will be governed by a righteous Governor, not corrupt men.

2 Peter 3:10 But the day of the Lord will come as a thief in the night; in the which the heavens shall pass away with a great noise, and the elements shall melt with fervent heat, the earth also and the works that are therein shall be burned up.
2 Peter 3:11 Seeing then that all these things shall be dissolved, what manner of persons ought ye to be in all holy conversation and godliness,
2 Peter 3:12 Looking for and hasting unto the coming of the day of God, wherein the heavens being on fire shall be dissolved, and the elements shall melt with fervent heat?
 2 Peter 3:13 Nevertheless we, according to his promise, look for new heavens and a new earth, wherein dwelleth righteousness.

It amazes me how most of the world goes about life with ‘Business as usual’ attitude in what has been a remarkably devastating year so far in 2011. If a disaster is not on their doorstep, people believe it will never arrive there and make no preparations whatsoever! However I firmly believe that what we have seen so far in 2011 is but an appetizer, the main course has yet to be served, and when it is it will take the world by storm – literally. Hollywood fiction such as ‘Day After Tomorrow’ and ‘2012’ is about to become reality all around the world and it all but certain that not one person on earth will have a ‘Business as usual’ attitude any longer.

No comments:

Post a Comment