Wednesday, April 01, 2015


News Links, April 2, 2015

## Global Ponzi meltdown/House of Cards ##
"The Mother of All Bubbles" in Stocks and Bonds: Bank CEO
Canadians find new way to binge on debt as borrowing to buy stocks hit record levels
Downside Data Surprises in Canada; Bad Weather Up North? How About Recession?
The Growth Delusion
The puzzling flattening of carbon emissions and the problem of global growth
Negative US bond yields? I wouldn't rule it out: Pro
Poverty to rise in Russia, World Bank says
Being a big global bank is not worth the hassle -investor poll
Malinvestment Up Close: China's Disastrous $10 Billion Iron Ore Mine In Australia
Iceland Ponders Radical Money Plan Including Elimination of Fractional Reserve Lending and Deposit Insurance
Dilma Rousseff's Problems in Three Charts
Construction crumbles by 80 percent in just five years (Greece)
Greece threatens default as fresh reform bid falters
U.S. Isolated in Opposition to Chinese Bank
Nearly 50 countries apply to join China-led investment bank ahead of deadline
Russia among latest to join China-led development bank

## Airline Death Spiral ##
Germanwings Crash: More Americans Worried About Rogue Pilot Than Terrorism, Poll Finds
Deliberate crash of German plane highlights gaps in how pilots are screened
Flight bans hitting revenues, customers of Thailand-based airlines
Japan flights mull 2 crew in cockpit

## Fault lines/flashpoints/powder kegs/military/war drums ##
Accusations Emerge That the U.S. Is Aiding ISIS – The Latest "Conspiracy Theory" Circulating in Iraq
Obama Personally Tells the Egyptian Dictator that U.S. Will Again Send Weapons (and Cash) to his Regime
Iraqi Forces Drive Islamic State Out Of Central Tikrit: PM
Islamic State seizes vast Damascus refugee camp
Yemenis face sinking conditions as Saudi offensive widens
Yemen Houthi fighters backed by tanks reach central Aden
Greece urges Russia to cut gas import price, end food embargo
December 7, 1941: The Attack On Pearl Harbor (PDF)
Political leaders have many motives for going to war. American citizens are usually reluctant to take that step until some catastrophic event charges their emotions. In this essay I will discuss the triggering events of World War II-- and illustrate how those events were used to create an overwhelming pro-war atmosphere. This event could have been stopped or mitigated but our country's leader at the time, President Franklin D. Roosevelt (FDR), chose to allow the Pearl Harbor attack to happen in order to create intensified public support for entering World War II. It seems unbelievable that a political leader could allow such a cataclysmic event to occur. 2,403 Americans died at Pearl Harbor. Yet evidence of prior knowledge is monumental.
Pray to whatever god(s) you believe in that Obama prevails in this case. -- RF
Palestine officially joins war crimes court in closed ceremony at The Hague
The Palestinian Authority formally joined the International Criminal Court on Wednesday, positioning itself to pursue war crimes cases against Israel and deepening the rift between the two sides.

## Energy/resources ##
Dutch Offshore Supply Firms Expect 'Difficult' 2015
Ethanol: Unrealized Promise
New diet plan: Do biofuel policies seek to cut emissions by cutting food?

## Environment/health ##
First Ebola Vaccine Test Starts in Guinea
How Long Can Oceans Continue To Absorb Earth's Excess Heat?
The main reason soaring greenhouse gas emissions have not caused air temperatures to rise more rapidly is that oceans have soaked up much of the heat. But new evidence suggests the oceans' heat-buffering ability may be weakening.
What happened to lunch? New study shows skipping lunch common in children
Agricultural contaminant impacts fish reproductive behaviour
A common growth-promoting hormone used worldwide in the cattle industry has been found to affect the sexual behaviours of fish at a very low concentration in waterways – with potentially serious ecological and evolutionary consequences.
California orders first-ever mandatory water reductions
Govt plans to collect, use electronic medical records as big data (Japan)
The government will launch a new system by 2020 to gather such medical information as electronic records from medical organizations nationwide and utilize them as big data, it has been learned.

## Propaganda ##
NYT Publishes Call to Bomb Iran
The New York Times continues its slide into becoming little more than a neocon propaganda sheet as it followed the Washington Post in publishing an op-ed advocating the unprovoked bombing of Iran.
The mainstream U.S. media portrays the Iran nuclear talks as "our good guys" imposing some sanity on "their bad guys." But the real history of the West's dealings on Iran's nuclear program shows bad faith by the U.S. government.
When empires such as the U.S. attain a certain level of corruption that reaches the point where it becomes engrained within the fabric of society, and you couple that with zero accountability for the super rich and powerful, you have the ingredients for societal collapse.
As I've pointed out before, the Japanese love to have a strong cash position. There's nothing like having a fistful of ready cash on a rainy day. -- RF

## China ##
China says 66 golf courses shut in renewed crackdown
Chinese authorities have closed 66 golf courses in a renewed crackdown on courses built in contravention of rules designed to protect arable land and save water, China's top economic planning body said on Monday.
Beijing to limit motorists on heavily polluted days
Worst Revenue & Earnings Declines Since Crisis Year 2009
Stocks have soared. But despite maxed-out financial engineering and ceaseless Wall-Street hype, the first half is shaping up to be tough.
Big contrast with Japan. -- RF
April Fool... or is it? -- RF

And finally...
April Fools: CERN announces discovery of the Force
"Very impressive, this result is," the news release said, quoting "a diminutive green spokesperson for the laboratory."
Robber breaks leg during hold-up; calls ambulance

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