Sunday, September 21, 2014


News Links, September 20-22, 2014

## Global Ponzi meltdown/House of Cards ##
Iceland Officials Fret Growing Bubble Threatens Entire Pension System
Ukraine on the brink
Writing about men in masks fighting in eastern Ukraine sells far more advertising than covering the nation's economic activity. However it's the economy, not the Russian army that has brought Ukraine close to the brink.
Caterpillar Posts Record 21 Consecutive Months Of Declining Global Retail Sales, Worse Than Financial Crisis
Why ECB's TLTRO Fizzled: European Balance Sheets Are Saturated With Debt Already
ECB Executive Board Urges Germany to Borrow and Spend
This Is Why Russia & China Are Now "The Enemy"
Banks in Italy and Spain Take More Than 45% of ECB Loans
EU Caves to Powerful, Scandal-Infested Finance Paradise, the City Of London
Hot dog! Looking past the search results: Google 2.0 will 'build airports and cities' says report
Sounds like the Dubai of Tech. Of course America too wants to crash in style. -- RF
Global Finance Chiefs Said to Warn of Mounting Economic Risks
Fresh week of woes for France
Cadillac Green-Lights Its Swankiest Car Yet
Russians Stunned As Chinese Leader Pushes Gold Backed Yuan
Territorial rows gumming up China-Asean trade

## Airline Death Spiral ##
Standing seats, fat tax and no life jackets: The seven predictions for the future of plane travel
Air Canada sees room for more fees as it rolls out $25 fee for first checked bag
American Air's $8,000 Fare Boasts Shrimp Scampi, Privacy
Air France pilots extend strike until Sept. 26
Qantas Will Remove Life Rafts From Some Aircraft to Save Fuel
Tablets in the Air: Another Airline Goes Paperless
Airlines go à la carte: Why travellers should get used to baggage fees and more 'unbundling'

## Fault lines/flashpoints/powder kegs/military/war drums ##
ISIS Seizes 60 North Syria Villages in 48 Hours
France launches first air strikes on IS in Iraq
US Senate Approves $500 Million to Arm Syrian Militants
U.S. military struggles to preserve options in Islamic State fight
As America re-engages with Iraq and deepens its involvement in the region's web of sectarian conflicts, the Pentagon has made a practical assessment of the brutal job of stabilizing Baghdad: in the future, U.S. forces may be needed on the front lines.
Isil fighters disperse within Syrian and Iraqi cities to evade US air attacks
Baghdad Car Bombs, Motorcycle Bomb Near Green Zone Kill 22
Blocking a 'Realist' Strategy on the Mideast
Official Washington's influential neocons appear back in the driver's seat steering U.S. policy in the Middle East toward a wider conflict in Syria and away from a "realist" alternative that sought a Putin-Obama collaboration to resolve the region's crises more peacefully.
Military Plant In East Ukraine Devastated By Massive Explosion; Kiev Accuses Russia Of Using Tactical Nuke
Ukraine, Poland and Lithuania form joint military unit
Russia's Leader Putin Rejects Ukrainian Separatists' Aim to Become Part of Russia
China And India Ladakh Territorial Dispute Continues After Xi And Modi Meeting
India, China quietly struggle in Indian Ocean
U.S., Canadian jets intercept 8 Russian aircraft
German defense industry threatens to move production abroad
Germany's defense industry lobby has warned that companies were looking into shifting production abroad in response to the country's restrictive arms export policy.
U.S. To Deliver 10 Apache Helicopters To Egypt - Pentagon
Yemen government signs peace deal with Shia Houthi rebels
Peace deal between government and Shia rebels signed after violent clashes lead to resignation of Prime Minister Mohammed Salem Bassindwa
Asian shipowners call for more government action to combat fuel theft
Families of German MH17 victims to sue Ukraine: lawyer
Survivors of German victims of Malaysian Airlines flight MH17 downed over Ukraine plan to sue the country and its president for manslaughter by negligence in 298 cases, the lawyer representing them said on Sunday.
The PetroYuan Cometh: China Docks Navy Destroyer In Iran's Strait Of Hormuz Port

## Global unrest/mob rule/angry people/torches and pitchforks ##
Angry with Washington, 1 in 4 Americans open to secession
In the previous batch of links, in relation to the article Revolt Against The Super-State: Europe's Secessionist Wave Intensifies, I remarked, "Also watch for more secessionist talk in the US." And here it is. Of course, it's been there all along. People around the world have become alienated from governments that seem distant, out-of-touch, and unresponsive. And as I noted previously, maintaining geographically vast political units and their infrastructure is increasingly expensive due to the rising cost of energy, leading to inevitable collapse. -- RF
Gas, power load-shedding: Protests cause massive traffic snarls on Expressway (Pakistan)What started as a protest against prolonged gas and electricity load-shedding quickly degenerated into violence, with riot police coming in and firing tear gas to disperse the crowd.
Scotland's 'no' to independence sets up battle in Europe's other breakaway regions
Clashes Break Out In Glasgow After Scotland Vote Against Independence
French Farmers Upset Over Falling Prices, Torch Tax and Insurance Offices, Dump Produce
Kenya: University students riot over delayed loans
People's Climate March London: Thousands Protest 'Biggest Threat To Humanity'
New York climate march draws hundreds of thousands
Thousands protest U.S. base relocation in Okinawa

## Energy/resources ##
U.S. Silica sees sand demand piling up as fracking goes super-sized
Sand miner U.S. Silica Holdings Inc said demand could triple over the next five years as energy companies use increasing amounts of sand in hydraulic fracturing to extract more oil and gas from shale fields. "We are seeing customers that are using 10,000 tons of sand for one well, and just to put it in perspective, that's a mile long train of sand, to just frac one well," Chief Executive Bryan Shinn told Reuters.
Shale Fracking Is a "Ponzi Scheme" … "This Decade's Version of The Dotcom Bubble" … "A Lot In Common With the Subprime Mortgage Market Just Before It Melted Down"
With 38% of Global Shale Gas Located in Regions of Water Stress, More Oversight of Fracking is Urgently Needed
Dim Future For North Sea Energy
Libyan Oil Production Down 30% Following Rocket Attack
Shell Russia, Total say will continue work in Russia
Why Sanctions Won't Stop U.S. Oil Drilling in Russia
Asian buyers of U.S. LNG dial back as exuberance dims
A looming gas glut worldwide is prompting Japanese and Indian firms to resell to European traders and utilities big chunks of U.S. liquefied natural gas they had committed to buy several years ago, signaling tempered enthusiasm for U.S. energy.
Power cuts worsen after cable malfunctions (Lebanon)
Increased Frequency & Severity of Electrical Outages, Grid Reliability Concerns Creating More Demand For Emergency Back-Up Power Systems (US)
Total power outage hits Egypt's Hurghada
Power shortfall exceeds 6,000 MW (Pakistan)
Nigerian oil minister pledges $1.3 bln aid for power companies

## Infrastructure scavenging ##
Scrap metal stealing becoming big problem in Connecticut

## Got food? ##
Commodities Suffer As Oil And Gas Takes Rail Priority
The rapid pace of energy exploration, for both natural gas and oil, in North Dakota is creating a crisis for upper Midwest farmers. Grain shipments have been held up by a vast new movement of oil by rail, leading to millions of dollars in agricultural losses and slower production for everything from breakfast cereals to corn and soybeans.
Nothing wrong with chlorine-washed chicken, say German backers of TTIP
USDA's Greenlighting of 'Agent Orange' Crops Sparks Condemnation
There Is No Price Inflation If You Don't Eat Meats, Poultry, Fish, Eggs, Dairy, Cereals or Bakery Products

## Lifestyle Solutions ##
Plant Pollination Primer for Backyard Gardeners

## Environment/health ##
World population to hit 11bn in 2100 – with 70% chance of continuous rise
Ain't gonna happen. -- RF
Australia To Lose Hundreds Of Billions Worth Of Infrastructure Due To Rising Sea Levels
Sierra Leone begins 3-day Ebola lockdown
Sierra Leone Ebola burial team attacked despite lockdown
Armed police chase off attackers targeting team conducting burials in Ebola hit Sierra leone as small groups defy three-day national lockdown
Exponential: Ebola Cases Now Double Every 3 Weeks; CDC Warns As Many As Half A Million May Be Infected Soon
The fight against Ebola is grossly underfunded
Toxic Red Tide Threatens Florida Beaches, Marine Life and Could Devastate Economy
Rare respiratory virus spreads to 22 states
Record Drought Hastens Dramatic Spread of California Wildfires
Scientists Find 'Direct Link' Between Earthquakes And Process Used For Oil And Gas Drilling

## Intelligence/propaganda/security/internet/cyberwar ##
License plate scanner networks capture movements
A rapidly expanding digital network that uses cameras mounted to traffic signals and police cruisers captures the movements of millions of vehicles across the U.S., regardless of whether the drivers are being investigated by law enforcement.
Home Depot breach affected 56M debit, credit cards
Robot with "morals" makes surprisingly deadly decisions
Kremlin to consider plans which could remove Russia from global Internet 'in an emergency'
Despite Apple's Privacy Pledge, Cops Can Still Pull Data Off a Locked iPhone
Russian Union Of Engineers Accuses Ukraine Airforce In MH17 Crash
5 ways to protect yourself from data breaches
CIA stops spying on friendly nations in W. Europe
Google Acts Like Privatized NSA: WikiLeaks' Julian Assange
8 ways the Obama administration is blocking information

## Systemic breakdown/collapse/unsustainability ##
Consumption Civilization: Our Prospects Since Western Civilization's Historical Adaptation
The Limits to Growth described in narrative terms
BMWs Jostle Pigs as Powerless Indian Mayors Beg for Cash: Cities
Scranton Stalked by Bankruptcy Mulls Selling Sewers: Muni Credit
Scranton, with the weakest pension plan among Pennsylvania's cities, is trying to prop up its retirement funds to avoid becoming the first U.S. municipality since Detroit to file for bankruptcy.
50 Facts That Show How Far America Has Fallen In This Generation
GM recalls 221,000 Cadillacs and Impalas
General Motors recalls 221,000 vehicles for parking brake problem for a record-setting 67th recall this year.
Chrysler recalling nearly 189,000 SUVs
Chrysler is recalling almost 189,000 Jeep Grand Cherokees and Dodge Durangos in the U.S. to fix a fuel pump problem that can cause the SUVs to stall.
With Ebola crippling the health system, Liberians die of routine medical problems

## Japan ##
Japan government cuts economic view, warns of stalling consumption
Balance of Japan gov't debt tops 1,000 tril. yen for 1st time: BOJ
The Evidence Grows: Abenomics Has Not Reflated Wages, Exports Or The Japanese Economy
Dengue virus infiltrates two more Tokyo parks
Government survey claims Japanese less willing to save electricity for environment's sake
According to a government survey released Saturday, the public has grown more unwilling to save electricity in order to protect the environment because fear of power shortages has apparently receded compared to two years ago.
Power sales down for 4th straight month
Japan's new minister says energy policy without nuclear difficult
Research whaling costs 4 bil. yen per year
Politicians discuss plan B in nuclear power push: underground reactors

## China ##
Uighur terrorism thwarting China's push to draw tourists to country's wild west
China cuts 2020 shale gas output target as challenges persist
Steel industry on subsidy life-support as China economy slows
Subsidies accounted for four-fifths of the profits reported by Chinese steel companies in the first half of this year, a dramatic increase in reliance on state support that illustrates starkly the industrial weakness that is an increasing drag on the economy.
Indebted Chinese firms face off with ratings agencies

## UK ##
Bon appétit: Pupils served up just one nugget in free school meal
One school has been rationing pupils to just one chicken nugget as part of its free school meals servings, says councillor
Ed Miliband pledges big pay rise for Britain's poorest workers
What about us? English regions issue ultimatum to Westminster
Getting the same powers as Scotland to run their own affairs will be a central issue in the next general election
UK weather: Britain must be ready for 'worst droughts in modern times'
Desalination, long-distance pipelines, imported supplies, and more efficient appliances in the home are among measures being considered to stop the country running dry.

## US ##
Things Worse than Slow Growth Await the US Economy
Is Sears the Next Iconic American Company Headed for Failure?
When the middle class loses the battle to inflation
Census data shows household income continues to stagnant while debt continues to expand.
Feds equip school police agencies with military gear
Illegal Immigration 2014: Shut Down All Ports Of Entry Group Plans To Block US-Mexico Border
Navy's Triton surveillance drone flies cross-country
Army deploying JLENS radar system to help protect Washington, D.C.
Jewish Groups Pay to Send U.S. Police to Train in Israel
Home Construction Still Moving Down
White House Gets Wake-Up Call: Secret Report From Ex-Goldman Housing Maven Warns Of Coming Price Plunge
Mom-and-Dad Banks Step Up Aid to First-Time Home Buyers
Idiotic Proposals for Fed to Give Away Money
College Debt Leaves Generation X Grads Less Wealthy Than Parents
Here are the defense industry dollars behind the votes to arm Syria's rebels
Poverty Above Pre-Recession Levels in 47 States, New Census Data Show
Drones Flew Dangerously Close to Planes Flying Into LaGuardia: Report
California boy gets detention for sharing school-prepared lunch with another student
2 Dead, 29 Wounded in Weekend Shootings (Chicago)
The destruction of traditional mortgage demand
Applications for mortgages hits a 14 year low and affordability for housing continues to decline.
Some California wells run dry amid drought
Hundreds of domestic wells in California's drought-parched Central Valley farming region have run dry, leaving many residents to rely on donated bottles of drinking water to get by.
Northern California wildfire still growing
Professors on food stamps: The shocking true story of academia in 2014
You've probably heard the old stereotypes about professors in their ivory tower lecturing about Kafka while clad in a tweed jacket. But for many professors today, the reality is quite different: being so poorly paid and treated, that they're more likely to be found bargain-hunting at day-old bread stores. This is academia in 2014.
Neocons Grow Frantic over Iran Progress

And finally...
Ig Nobel Prizes Celebrate Jesus Toast and Other Silly Science

<< Home

This page is powered by Blogger. Isn't yours?