Energy Bulletin- The permanent end of the era of cheap oil is coming as soon as next year, according to a raft of official reports that have made their way into energy media over the last few months. Governments are now beginning to acknowledge the looming crisis. Yet, perhaps because they waited too long to prevent it, leaders are not yet alerting the public.
The entire world economy is built on cheap oil, A permanent oil production shortage will thus lead to The End of The World (As We Know It). What will come on the other side of this -- will it be good or bad? more
Climate Depot- A prominent U.S. geologist is urging the world to forget about global warming because global cooling has already begun. more
Reuters- Soros said the turbulence is actually more severe than during the Great Depression, comparing the current situation to the demise of the Soviet Union. more
Prison Planet- During a recent speech at a conference of elitists in Zurich Switzerland, IMF chief Dominique Strauss-Kahn called for the introduction of a global currency backed by a global central bank which would act as the “lender of last resort” in the event of a severe economic crisis, which would represent another lurch towards fascist centralization of power by financial terrorists busy exploiting the fiscal chaos they created in order to impose world government.
Stating that “crisis is an opportunity,” Strauss-Kahn said that globalists should exploit the financial chaos plaguing the world in order to push for “a new global currency issued by a global central bank” more
Zero Hedge- Last week we noted that several prominent Austrian and German gold dealers had run out of inventory and were no longer transacting with a European population that has suddenly discovered gold religion. As a result, dealers are now focusing procurement efforst outside of Europe, with South Africa receiving the brunt of Europe's panic for physical precious metals. more
BNP- The inevitable consequence of decades of economic mismanagement has resulted in a triple whammy of rises in petrol, unemployment rates and an expected interest rate rise breaking over Britain. more
Salon- This week has seen a rash of foods recalled due to possible contamination with Salmonella Tennessee, ranging from selected flavors of Pringles to Herb-Ox bouillon to Quaker brand snack mix. As the story unfolds, however, possible Salmonella contamination is not the only thing raising eyebrows about HVP, a flavor enhancer commonly used in processed foods. It turns out that the amino acid in HVP that is responsible for "enhancing" the taste of foods is glutamic acid. In its crystalline form, glutamic acid is more commonly known as monosodium glutamate, or MSG. more
BNP- British taxpayers have been forced to hand over £18 million in subsidies to the Unite trade union whose leader spent the beginning of May in Cuba celebrating the 51st anniversary of the Fidel Castro communist revolution. more
Times- Liam Byrne, the former Chief Secretary to the Treasury, last week wrote a letter for his successor - the Liberal Democrat David Laws - stating: "I’m afraid to tell you there’s no money left.”
Speaking at a press conference yesterday, Mr Laws said: "When I arrived at my desk on the very first day as Chief Secretary, I found a letter from the previous chief secretary to give me some advice, I assumed, on how I conduct myself over the months ahead.
"Unfortunately, when I opened it, it was a one-sentence letter which simply said ’Dear Chief Secretary, I’m afraid to tell you there’s no money left’, which was honest but slightly less helpful advice than I had been expecting." more
Natural News- "It's hard to say exactly what's going on in the Gulf right now, especially because there are so many conflicting reports and unanswered questions. But one thing's for sure: if the situation is actually much worse than we're being led to believe, there could be worldwide catastrophic consequences. If it's true that millions upon millions of gallons of crude oil are flooding the Gulf with no end in sight, the massive oil slicks being created could make their way into the Gulf Stream currents, which would carry them not only up the East Coast but around the world where they could absolutely destroy the global fishing industries." more
Peak Generation- Experts in the fields of coal, natural gas and nuclear power are beginning to talk of vastly inflated reserves figures and pointing to resource depletion within the next two decades. This, if it comes about, would involve all our main sources of energy declining drastically, all within a relatively short timeframe. more
Chancellor George Osborne today announced that he will deliver his first emergency Budget on June 22, exactly six weeks after the new coalition Government took office.
Mr Osborne said that he would also be setting out next week details of the £6 billion of spending cuts to be made this year.
Speaking at the Treasury with new Liberal Democrat Treasury Chief Secretary David Laws alongside him, Mr Osborne warned that failure to tackle the UK's record deficit would be "disastrous". More....
Telegraph- "We are finding all sorts of skeleton in various cupboards," Mr Osborne said in a interview with the Financial Times. He said "forecasts were fiddled" to help the government present the "sort of Budget it wanted to present" and that by the end the country had been left with "absolutely terrible public finances". more
Nourishing Obscurity-Dr Albert A. Bartlett makes a strong case that key influencers of opinion, e.g. governments, their advisers or scientists are simply not doing the maths necessary to create a true scenario from which people can judge more accurately. He says:
“The greatest shortcoming of the human race is our inability to understand the exponential function.” more
Spectator- The cover of today's Sunday Times spells out what we all suspected anyway: that the Labour government left behind acre upon acre of scorched earth for the Tories to contend with. There's the £13 billion contract for tanker aircraft, the £1.2 billion "e-borders" IT project, a £420 million spend on schools, and so on – most of them put in place just before the election. As James said earlier, Sir Alan Budd's audit of the public finances is likely to show that things are much worse than the last Budget dared admit. more
Express- THE national debt will equal the value of Britain’s entire economic output by 2054 due to the spiralling cost of public-sector pension schemes, according to new estimates. more
Pajamas Media- Al Gore told us to expect the end of winter, yet to the amazement — and amusement — of many, some warmists explained that last winter’s record cold and snowfall was due to global warming! Apparently extremes of weather are a sure sign that global warming is dramatically mixing things up — and it’s even worse than we thought!
Record cold, record heat, drought, floods, everything that happens is consistent with man-made global warming theory. What a theory! All my life I believed that warmer made snow melt and colder made water freeze. I dressed accordingly. more.
Huffington Post- The majority of the American population now thinks that global warming probably doesn't exist. Part of that is the huge amount of money which has been spent on propaganda, but part of it is that the only continent which is not experiencing increased temperatures right now--is the continental USA*. If you want to be a climate change denialist, America is a great place to live. more
Disinformation- Watch for markets taking a dive tomorrow. Or for governments to heavily interfere to try to prevent plunging stock market indices. It ain’t going to be pretty. more
Public Technology- Citizens of both the UK and the EU face grave challenges to privacy and ultimately their liberty because of the amount of data being secretly collected about them by both states and businesses. more
New Scientist-Google, Facebook and the pressure group Privacy International this week welcomed the raft of civil liberties measures announced by the UK's incoming Conservative-Liberal coalition government. But some of the plans could founder on the rocks of what Privacy International calls the "real opposition": not the Labour party, but an intransigent, security-obsessed civil service. more
Market Oracle- Are the markets manipulated ? Are they ?
You have been repeatedly told by those that clearly don't immerse themselves in trading on a regular basis that they are not manipulated instead the movements are a function of some ordered theory that implies certainty of outcome when all one can do in reality is to conclude towards a probability of outcome that are usually little better than 60/40, well on the 6th everyone got the answer that they should imprint into their memories that the markets REALLY ARE manipulated. more
Natural News- Psychiatrists have been working on the fourth revision of the Diagnostic and Statistical Manual of Mental Disorders (DSM) and, in it, they hope to add a whole slew of new psychiatric disorders. Unfortunately, many of these disorders are merely differences in personality and behavior among people.
The new edition may include "disorders" like "oppositional defiant disorder", which includes people who have a pattern of "negativistic, defiant, disobedient and hostile behavior toward authority figures." Some of the "symptoms" of this disorder including losing one's temper, annoying people and being "touchy". more
The final designs for a new jump-on, jump-off double-decker bus for London are due to be unveiled.
The designs, being shown off by Conservative London Mayor Boris Johnson, are based on the old driver-and-conductor Routemaster bus which was taken out of regular service in December 2005. More....
Leap 20/20- Just as anticipated spring 2010 really marks a tipping point of the global systemic crisis, characterized by a sudden expansion due to the intolerable size of public deficits and the inexistence of the recovery, so often announced. more
Telegraph- Middle-income families could be more than £3,000 a year worse off under the new coalition Government, The Sunday Telegraph can reveal.
Figures from accountancy firm BDO show that a family earning £50,000 a year could lose more than £2,000 annually through increases in VAT and capital gains tax and if pensions tax relief at 40pc for higher-rate taxpayers is removed. more
Before it's News- The global financial crisis is now officially turning into a currency crisis as predicted by Ron Paul and others years ago. With the new $1 trillion E.U. rescue package, central banks around the world are printing money out of thin air to prop up a failing system. The idea that American citizens are paying to bail out Europe is astounding. The Federal Reserve and other central banks are intentionally devaluing currencies worldwide to bring in a new international reserve currency regulated by them. In other words, the people who caused the crisis are coming in and offering the solution giving them total control over the world's monetary system. more
Before it's News- Argentinean Economist Adrian Salbuchi writes about the difficulties faced in Argentina during their currency crisis of their catastrophic decade 1991-2000, which ended in massive default and how this compares with Greece and soon many other country's plights. more
Business Insider- Historian Niall Ferguson spoke with the Big Think about where the world's future is heading, with the end of the American Empire very much in the cards. more
Telegraph- David Cameron has vowed to crack down on "crazy" bonuses paid to civil servants as the new Government seeks to reduce the costs of the bloated public sector. more
Daily Mail- Residents are being asked to report neighbours for 'environmental crimes' such as putting their bins out too early or late.
A council is urging householders to snoop on fellow residents and fill in 'diary sheets' to log incidents - the same way it tackles violent anti-social behaviour.
Such 'crimes' can be committed by putting bins out at the wrong times or leaving them in the wrong place. more
Telegraph- Price pressures in Britain are intensifying with annual inflation expected to rise further above the 2pc target when the latest figures are published on Monday. more
The Coming Depression- Officially, Detroit's unemployment rate is just under 30 percent. But the city's mayor and local leaders are suggesting a far more disturbing figure -- the actual jobless rate, they say, is closer to 50 percent. more
Telegraph- As 5,000 barrels of oil gush into the Gulf of Mexico from BP’s leaking Macondo well each day, you might expect the price of crude to be rising on concerns about higher costs and tighter regulation for the energy majors. more
Der Spiegel-In a SPIEGEL interview, Jean-Claude Trichet, the 67-year-old president of the European Central Bank, discusses the largest financial rescue package in the history of Europe, the role and importance of speculators in the euro crisis and the weakness shown by politicians in the euro zone member states. more
Guardian- As Bangkok suffers its worst political unrest for two decades, the Thai army has declared parts of the city "live-fire zones", warning that anyone found entering certain roads in the capital will be shot on sight.
The move came as one of the leaders of the redshirt protesters said that there would be "civil war" if the army did not pull back and declare a ceasefire. more
National Geographic-If efforts fail to cap the leaking Deepwater Horizon wellhead in the Gulf of Mexico, oil could gush for years—poisoning coastal habitats for decades, experts say. more
Telegraph- Louisiana officials have accused BP of turning the Gulf of Mexico into a toxic testing-ground after winning permission for experimental chemical methods of fighting the oil slick. more
Goldseek- As the currency and financial systems of the developed world’s social-welfare-states head towards their doom, the battles between King Kong (Mother Nature and Darwin) versus Godzilla (public servants and banksters) continue. After generations of defying the reality that you must produce more than you consume, the social welfare states are being presented with the bill for their unpayable social obligations. more
Daily Mail- Streaking across the sky in front of a rising sun, the huge Russian jet heads towards Britain.
Capable of carrying nuclear weapons at supersonic speeds, it is a potential threat the RAF must tackle - and fast. more
Times- THE government last night accused Labour of pursuing a “scorched earth policy” before the general election, leaving behind billions of pounds of previously hidden spending commitments.
The newly discovered Whitehall “black holes” could force even more severe public spending cuts, or higher tax rises, ministers fear.
Vince Cable, the business secretary, said: “I fear that a lot of bad news about the public finances has been hidden and stored up for the new government. The skeletons are starting to fall out of the cupboard.” more
Express- SHARES plummeted by more than £40billion yesterday and the euro slumped to an 18-month low amid fears that the currency was in danger of collapse. more
Infowars- Two articles on the FDL website detail the intimate and incestuous relationship between the Barry Obama administration and Goldman Sachs. FDL names names and provides expansive detail on the Goldie administration. more
Express- BBC STARS and top executives face big salary cuts as part of controversial new Government plans to overhaul the running of the corporation. more
Press TV- Days after the establishment of a new British government, Foreign Secretary William Hague vows to work with the US against Iran, going so far as to consider military action against Tehran.
In his first official visit to the US, Hague pledged support for a new round of UN Security Council resolutions against Iran over its nuclear work. more
New York Times- Scientists are finding enormous oil plumes in the deep waters of the Gulf of Mexico, including one as large as 10 miles long, 3 miles wide and 300 feet thick in spots. The discovery is fresh evidence that the leak from the broken undersea well could be substantially worse than estimates that the government and BP have given. more
News AU- PARENTS are enrolling children as young as nine months in drug trials in exchange for hundreds of dollars.
The cash payments, which could breach national ethical guidelines, will ignite debate over how much should be paid to cover "reasonable expenses" of trial participants. more
Guardian- Sainsbury's and M&S are plugging deficits in their retirement schemes by signing corporate property assets over to them. How much longer can such expensive plans be kept going? more
Know the Lies- The Red Cross raised over $450 million on behalf of victims of the catastrophic earthquake in Haiti. They say they've spent $106 million. What about the other $344 million?... more
Daily Mail- Police secretly investigated the travel habits, family, friends and backgrounds of 47,000 innocent people last year after they bought plane tickets to fly into and out of Britain.
The intrusiveness has provoked fury among civil liberties campaigners and now may be stopped by Britain’s new coalition Government. more
Campaign for Liberty-Imagine you are sitting home on a quiet Sunday afternoon in conversation with your beloved spouse. Suddenly your husband slumps over, blood draining from his head as a sniper's bullet shatters your living room window. Your husband has just been assassinated by a government agent and it is later discovered -- after ten years of painful inquiries carried out under the threat of your own assassination -- that your husband was targeted as an enemy combatant and a terrorist. Just as easily, you and your entire family could have been killed in a home invasion in an attempt to cart off your husband for weeks of torture and lifetime detention or execution in an unknown Federal facility. Your investigation might also reveal that your loved one was targeted mistakenly by a bureaucrat or was a political enemy of officials in the government or their corporate allies. more
Natural News- The drug industry is constantly trying to convince you that drugs are good for your health while nutritional supplements and healthy foods are somehow bad for you. This same line of nonsense is also repeated by the FDA, which goes out of its way to censor the truth about the healing properties of natural foods like walnuts, cherries and berries. more
Guardian- We live in serious times. Humanity is facing terrifying threats to its future, as usual. Most of them are self-induced, as usual. Britain feels itself to be on a precipice, about to plunge into a new canyon of mediocrity and self-chastisement, as usual. There are serious fears about disruption to people's holiday plans over the half-term break, as usual. more
Guardian-One of the great pleasures of last week was hearing Jack Straw speaking on the Today programme in that patient, reasonable way of the true autocrat, and suddenly realising that I never have to pay attention to him again. Nor for a very long time will I have to listen to Mandelson, Campbell, Clarke, Smith, Reid, Falconer, Blunkett, Woolas or Blears: they're history and the New Labour project to extend state control into so many areas of our lives is incontestably over. more
Oil Price- The Mainstream Financial Media (MFM) is famously (or infamously) deficient in any context other than the day's swirl of data, rumor and response. Markets have been swinging wildly as players (and manipulators) attempt to predict the market's response to "news" and the emotions that the "news" may spark.
Rather than play the pointless game of parsing what amounts to signal noise, we would be better served to establish a longer-term context within which "news" can be properly placed and understood. more
Oil Price-A great - and still growing - divergence appeared in 2009 between public statements by leaders and their public performance. The politicized, romanticized theater of increasingly populist “democratic” leaders and media seemed to be of a different planet from activities taking place in the real world. more
Before it's News- Researchers at Durham University have drawn up new maps to show the competing claims of Argentina and the UK for resources in the South Atlantic and Southern Oceans. At stake are a potential 60 billion barrels of oil and nine trillion cubic feet of natural gas. more
Top News- An influenza specialist who previously led the World Health Organization's (WHO's) flu program and now works for Novartis, has recommended that developing a prepandemic vaccination to get a grip on the next flu endemic, a thought that other experts are welcoming with concern or cynicism. more
Disclaimer - The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.
The myriad of facts, conjecture, perspectives, viewpoints, opinions, analyses, and information in the articles, stories and commentaries posted on this site range from cutting edge hard news and comment to extreme and unusual perspectives. We choose not to sweep uncomfortable material under the rug - where it can grow and fester. We choose not to censor skewed logic and uncomfortable rhetoric. These things reflect the world as it now is - for better and worse. We present multiple facts, perspectives, viewpoints, opinions, analyses, and information.
Journalism is (or used to be) the profession of gathering and presenting a broad panorama of news about the events of our times and presenting it to readers for their own consideration. We believe in the intelligence, judgment and wisdom of our readers to discern for themselves among the data which appears on this site that which is valid and worthy...or otherwise.
Energy Bulletin- The permanent end of the era of cheap oil is coming as soon as next year, according to a raft of official reports that have made their way into energy media over the last few months. Governments are now beginning to acknowledge the looming crisis. Yet, perhaps because they waited too long to prevent it, leaders are not yet alerting the public.
