Thursday, September 04, 2014


News Links, September 4-5, 2014

## Global Ponzi meltdown/House of Cards ##
Central Bank Monetary Policy Enables Us to Put Off Real Reforms
This cycle of entrenched interests protecting their skims and scams via central bank monetary policy is self-liquidating.
The World Financial System Is Rife With "Stimulus" Junkies
Pension system nears breaking point (Greece)
Not just Argentina: Other nations in debt doldrums
ECB's €40bn Stimulus Gamble: ECB Pulls Out Bazooka, Cuts Rates, Buys Assets; Will this Stimulate Lending?
Euro zone retail sales slow sharply in July, add to growth worries
Macedonia's top banks and companies pledge debt write-off for poor
Criminals and corrupt politicians steal $1trn a year from world's poorest countries
IMF: Oil attacks hurting Yemen's economy
Unemployment Crisis Irony: You Must Have a Job to Get a Job
Saudi's are on the verge of joining Russia in non-dollar oil sales
Introducing the world's first national digital currency
How Low Interest Rates Are Slamming Corporate Pension Funds

## Airline Death Spiral ##
Etihad inks $751m deal to take 49% stake in loss-making Alitalia
Huge new airport is announced for Mexico's capital
Comes with a $9.1 billion price tag, but as with any large-scale project, the cost overruns will be enormous. It's a fair question to ask if this will ever be completed. -- RF
Flight Cabin Crews Call the Shots in Fights Over Reclining Seats
The Psychology of Personal Space: Seat Reclining
Reclining-Seat Spats Put Focus on Air Rage in Packed Jets
Turbulence ahead as airline fees are probed
Clubs hit hard by regional airfares
Flight delay compensation boost for passengers
The Million-Dollar Fire Trucks Required at Your Airport
Virgin Atlantic axes flights to Japan, India, Canada, South Africa

## Fault lines/flashpoints/powder kegs/military/war drums ##
The 'Big Lie' on Ukraine Or How Putin Got WMD'd
Ukraine Rebels Say They Are Poised To Recapture Donetsk Airport
Russia's "Stealth" Invasion Of Ukraine: Only Washington's War Party Can See It
Shame On Washington For Coddling Kiev's Pack Of Clowns, Thugs, Thieves And Liars
Russian General Demands Preemptive Nuclear Strike Doctrine Against NATO
Butchers Of The Islamic State: Spawn Of Washington's Wars Of Terror
Eastern [Europe] hopes for NATO bases stymied by Russia
Ukraine and rebels back peace plan, ceasefire from Friday
Number Of US Troops In Iraq Rises To 820 After Obama Authorizes An Additional 350 In Baghdad
Al-Qaeda Announces Creation Of South Asia Wing To Counter Rise Of ISIS
EU considers throwing 'cordon sanitaire' around ISIS
Obama Wants More NATO Defense Spending To Deal With Ukraine And ISIS, But Reality Says Otherwise
South Africa Denies Dalai Lama Visa, Signaling China's Involvement
To really combat terror, end support for Saudi Arabia
Manila in new arms race with a China it cannot match

## Global unrest/mob rule/angry people/torches and pitchforks ##
Fast Food Strike September 2014: 36 Arrested In NYC As Thousands Demonstrate In US For Higher Pay, Right To Unionize

## Energy/resources ##
Ukraine slashes power to Crimea as electricity crisis deepens
Ukraine reduced electricity supplies to consumers in Crimea on Wednesday and threatened to cut power altogether if quotas were breached, as it battles a power crisis on the mainland that threatens to cause rolling blackouts across the country.
Energy and coal ministry sets scheduled household power blackouts (Ukraine)
Union of Mineworkers: Ukraine's Coal Reserves to Run Out in November
Saudi pipeline set alight after shots fired at security patrol
Indian power station coal shortage worsens
The number of Indian thermal power plants with less than seven days of coal stocks has risen to 56 this week from 52 last week, government data showed on Wednesday.
North to west blackout: power crisis to worsen
Blackouts across large swathes of north and west India look set to worsen with several power plants shutting down due to a crippling coal shortage even as a deficient monsoon drives up power demand.
Halliburton reaches $1B Gulf oil spill settlement
Fuel price hike looms for Indonesia's new leader
Russia says ready to renew gas talks with Kiev but only if debts paid
Glitch in grid, power outages in Dhaka (Bangladesh)
Use of air conditioners banned in govt offices (Pakistan)
Power outages hit many parts of Egypt
Power cuts hit many parts of Egypt on Thursday, causing blackouts and halting some public transport in the Arab world's most populous country. Energy is a politically explosive issue in Egypt, where power cuts have become commonplace even in the capital Cairo.
Trader Who Scored $100 Million Payday Bets Shale Is Dud
Africa and Belgium Generate the Same Amount of Electricity
Scientists Create Completely Renewable Propane (but don't expect to see it on sale soon)
Iran gets $1 billion in Japan oil revenue under extended nuclear deal: IRNA
Russian nuclear power plant suffers pump failure

## Infrastructure scavenging ##
Copper Thieves Using Fake Uniforms, Trucks to Con CA Victims
Stockton Thieves Targeting Backup Sprinkler Valves, Wasting Lots Of Water
Thieves get away with copper, cut off power to strip of stores
Gloucestershire police targeted by metal thieves

## Got food? ##
Kraft foods recalls more than 7,500 cases of Kraft American Singles
Tuna Stock In Pacific Dangerously Low, Fisheries Head Warns
Ebola is now threatening West Africa's food supply
From Chocolate to Beer, Shrinkflation Hits the Supermarket
New study shows grim hunger picture for Erie region
Nation's Poor Remain Hungry as Wall Street Feasts
Argentine Bean-Hoarding Epidemic Building After Default
Food prices rise in Ebola-hit countries
Pacific nations agree to slash bluefin catch
Good food is a privilege only wealthy Americans can afford
Can supermarkets ever be sustainable?

## Lifestyle Solutions ##
As Americans flee suburbs, big cities aren't their only destination

## Environment/health ##
Researchers Call For New Approach To Recycling Fracking Waste Water
Scientists estimate that over 1 trillion gallons of water will be needed for hydraulic fracturing, or fracking, to recover shale gas  worldwide over the next half-century. But researchers from Rice University in Houston say simple recycling of this tainted waste water is by no means the answer.
Halliburton Gulf Oil Spill Settlement Will Shield Company from Billions in Liability
U.N. says $600 million needed to tackle Ebola as toll tops 1,900
As Ebola's Spread Continues, Warnings of an Inadequate Global Response
Grim Ebola Milestone: More Deaths Than Past Outbreaks Combined
New Threat: Ebola Spreads Further in Nigeria
16 Apocalyptic Quotes From Global Health Officials About This Horrific Ebola Epidemic
30 Million Americans On Antidepressants And 21 Other Facts About America's Endless Pharmaceutical Nightmare
Humans are wiping out species a thousand times faster than nature can create new ones
The mystery of Mexico's 'lake of death'
Canadian Beekeepers Launch Class Action Suit Against Pesticide Makers

## Intelligence/propaganda/security/internet/cyberwar ##
Saudi Arabia detains 88 preparing 'terrorist' attacks
Challenge to Sweeping NSA Dragnet Reaches Highest Court Yet
The future of the mall looks more like Minority Report
Data shows Home Depot breach could be largest ever
Silicon Valley firms halted spread of grisly video
At Least 17 Fake Cellphone Towers Capable of Invasive Spying Have Been Discovered Across America
Daily BS: Shirt worn by bin Laden's killer bound for museum
The CIA's Mop-Up Man: L.A. Times Reporter Cleared Stories With Agency Before Publication
Homeland Security was built to fend off terrorists. Why's it so busy arming cops to fight average Americans? Hacked

## Systemic breakdown/collapse/unsustainability ##
Limits to Growth was right. New research shows we're nearing collapse
RIP Mike Ruppert
Icahn, Soros, Druckenmiller, And Now Zell: The Billionaires Are All Quietly Preparing For The Plunge
Have We Reached a Financial Singularity?
Encouraging and supporting asset bubbles is essentially the only force remaining to keep the system intact as we know it.
Nissan to recall 55,000 vehicles over gasoline engine starter motor glitch

## Japan ##
Japan's Abe kicks off cabinet reshuffle
Japan's Prime Minister Shinzo Abe on Wednesday picked two lawmakers with friendly ties to China for his party's top posts, a move seen to be aimed at thawing chilly ties with Beijing.
How long can Japan sustain its Mount Fuji of debt?
Japan Wages Rising Most Since 1997 Not Enough to Beat Inflation
Kansai Electric mulls scrapping old reactors
Renesas says it may cut more jobs
Japanese chipmaker Renesas Electronics may cut more jobs as it finishes a massive restructuring that is focusing its business on the automotive and industrial sectors and has pulled it back into the black after years of losses.
Power costs 'erode paychecks'
Illegal online bank remittances surge
Cyberthefts hit record ¥1.85 billion in Japan
Facial recognition trials resume at Narita, Haneda airports
New METI chief Obuchi rules out new nuclear power plants

## China ##
Chinese authorities offer cash to promote interethnic marriages
10 Points About China's Pursuit Of Natural Gas
Water Scarcity Hindering China's Shale Gas Production

## UK ##
National Grid warns of possible winter power shortage
National Grid, the UK's gas and electricity supplier and distributor, has called on energy firms to declare the amount of power reserves they can provide to cover peak winter times, as a precaution to avoid energy shortages during an "uncertain" season.
EDF nuclear plants closed until winter amid blackout fears
Two UK nuclear power plants that were shut down amid safety fears may not restart until late December, EDF Energy has warned, heightening the risk of blackouts this winter.
One in five working for low pay – thinktank
Spectre of 1929 crash looms over FTSE 100 as traders take on record debts
The spectre of the 1929 stock market crash looms large for UK investors as traders borrow record amounts to invest in rising stock markets
Chepstow street lights to be switched off at night
Wokingham Borough Council switches off more street lights to save cash
More Shropshire street lights to go off after midnight
Adding sex and drugs to economy helps pull UK out of recession early
Wild meadows lost twice as fast after Brussels rescue scheme

## US ##
Department of Homeland Security – A 240,000 Person Cancer on the American Soul
The Seven Year Cycle Of Economic Crashes That Everyone Is Talking About
Chinese Homebuilders Expand in America as U.S. Auto Loans Hit Record Levels
Subprime Blows up on Retailer, CEO Warns on ALL Subprime, Hits Auto Sales
U.S. consumers turn to auto loans at a record rate
Black politician arrested for distributing voting rights information
Family: Man shot while handcuffed did not commit suicide
US goes on AK-47 buying frenzy after sanctions imposed on Russian Kalashnikov maker
Residents Worry Urban Drilling Will Turn Downtowns Into Oil Towns
'Worse Than Anything Seen in 2,000 Years' as Megadrought Threatens Western States
Bone-dry California unlikely to get relief this winter
NASA is building an air traffic control system for drones
College Has Gotten 12 Times More Expensive in One Generation
Federal Reserve Warns That "College May Not Pay Off for Everyone"
Bankruptcy debt plan causes 'serious mayhem,' Detroit bond insurer says at trial
US Income Gap Widened During Economic Recovery: Federal Reserve
Crime growing issue in North Dakota's oil patch
Secret Network Connects Harvard Money to Payday Loans
U.S. trade deficit with China hits record high

And finally...
Post-workout polyester stinks worse than cotton
Florida man repeatedly calls police for ride to buy alcohol

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