Tuesday, June 02, 2015
News Links, June 3, 2015
## Global Ponzi meltdown/House of Cards ##
French Unemployment Surges By Most In 7 Months To New Record High
Euro Zone Factory Growth Stumbles As Core Struggles: PMI
Euro Zone Factory Growth Stumbles As Core Struggles: PMI
A Deflationary Gale Is Storming Out Of China—–Can You Say Malinvestment?
Plants in China keep producing as growth falls, fueling deflationary pressure world-wide
Plants in China keep producing as growth falls, fueling deflationary pressure world-wide
Cut, baby, cut! -- RF
IMF economists say some countries can 'just live with' high debt
Some countries with high public debt levels might be able to "just live with it," because cutting back carries its own risks, three IMF officials said in a paper that disputes decades of dogma about the benefits of austerity.
Some countries with high public debt levels might be able to "just live with it," because cutting back carries its own risks, three IMF officials said in a paper that disputes decades of dogma about the benefits of austerity.
Sikorsky to cut workforce by 9%, blames oil woes
Sikorsky Aircraft says it's cutting 1,400 jobs in the coming year as the helicopter manufacturer faces declining demand for shuttling workers to offshore oil platforms.
Sikorsky Aircraft says it's cutting 1,400 jobs in the coming year as the helicopter manufacturer faces declining demand for shuttling workers to offshore oil platforms.
## Airline Death Spiral ##
TSA Failed 95 Percent of Breach Tests Letting Weapons, Fake Bombs Through
A recent internal investigation by the Department of Homeland Security has found security failures at dozens of the nations' busiest airports—breaches that allowed undercover investigators to smuggle weapons, fake explosives and other contraband through numerous checkpoints.
How Not To Fix Airport Screening
A rush to add layers to airport security and screen more passengers will make the system less safe.
A recent internal investigation by the Department of Homeland Security has found security failures at dozens of the nations' busiest airports—breaches that allowed undercover investigators to smuggle weapons, fake explosives and other contraband through numerous checkpoints.
How Not To Fix Airport Screening
A rush to add layers to airport security and screen more passengers will make the system less safe.
Malaysia Airlines 'technically bankrupt'
## Fault lines/flashpoints/powder kegs/military/war drums ##
Islamic State suicide attack kills 38 Iraqi policemen
## Fault lines/flashpoints/powder kegs/military/war drums ##
Islamic State suicide attack kills 38 Iraqi policemen
ISIS Routs Rivals, Seizing Key Towns Along Syria-Turkey Border
Iraqi PM Haider Al-Abadi Says Forces Lost 2,300 Humvees to ISIS
Iraqi PM Haider Al-Abadi Says Forces Lost 2,300 Humvees to ISIS
The Iraqi Army is Too Exhausted to Fight
Iraq's army grows smaller by the day. Sectarian militants are picking up the slack.
Neocon Fugitive Given Ukraine Province
Ukraine's President Poroshenko has tapped another international "carpetbagger" to rule his people, ex-Georgian President Saakashvili, a neocon hero wanted in his homeland for embezzlement and human rights abuses who now governs Odessa.
Vietnam takes delivery of two Russian-design missile corvettes as maritime tensions mount
NATO Holds Military Exercises In Baltic States Amid Increased Russian Activity
Iraq's army grows smaller by the day. Sectarian militants are picking up the slack.
Neocon Fugitive Given Ukraine Province
Ukraine's President Poroshenko has tapped another international "carpetbagger" to rule his people, ex-Georgian President Saakashvili, a neocon hero wanted in his homeland for embezzlement and human rights abuses who now governs Odessa.
Vietnam takes delivery of two Russian-design missile corvettes as maritime tensions mount
NATO Holds Military Exercises In Baltic States Amid Increased Russian Activity
Iran promises to back Assad 'until the end of the road'
## Global unrest/mob rule/angry people/torches and pitchforks ##
Mexican leader retreats on education reform as teachers rampage
## Got food? ##
Who's Murdering Thousands of Chickens in South Carolina?
Somebody turned the fans off on 300,000 chickens to suffocate them—somebody who knows exactly how the industry works
## Lifestyle Solutions ##
## US ##
Carter urges Vietnam to halt South China Sea reclamation
Missile maker says Russia did not shoot down Malaysian plane over Ukraine
Missile maker says Russia did not shoot down Malaysian plane over Ukraine
## Global unrest/mob rule/angry people/torches and pitchforks ##
Mexican leader retreats on education reform as teachers rampage
Israel and the Water Card
The New York Times hailed Israel's ingenuity in addressing its water needs, but played down how Israel exploits its military domination to divert water away from Palestinians and to Israelis.
The New York Times hailed Israel's ingenuity in addressing its water needs, but played down how Israel exploits its military domination to divert water away from Palestinians and to Israelis.
Rig Trends: Is the Gulf of Mexico Jackup Market Finally on its Last Leg?
Pundits have been predicting the demise of the Gulf of Mexico (GOM) shelf for more than 20 years, and while the number of wells drilled and rigs working has declined, somehow the area has continued to survive. However, the current downturn has resulted in a large number of jackups being cold stacked or retired, and more of each is expected in the coming months.
Russia Oil Output Near Record Swells Global Glut Before OPEC
Pundits have been predicting the demise of the Gulf of Mexico (GOM) shelf for more than 20 years, and while the number of wells drilled and rigs working has declined, somehow the area has continued to survive. However, the current downturn has resulted in a large number of jackups being cold stacked or retired, and more of each is expected in the coming months.
Russia Oil Output Near Record Swells Global Glut Before OPEC
## Got food? ##
Who's Murdering Thousands of Chickens in South Carolina?
Somebody turned the fans off on 300,000 chickens to suffocate them—somebody who knows exactly how the industry works
## Lifestyle Solutions ##
Can Waterfalls Really Make You Happy? Curing Nature Deficit Disorder One Step at a Time
How the author of a Japanese book on tidying up is cleaning up
How the author of a Japanese book on tidying up is cleaning up
Yes, throw it out! I recently moved — and downsized to a much smaller home. I threw out 80% (of course recycling everything possible), and still have more to go. And as the writer of this article says, "If I had back all the money I wasted when I was younger on all this crap, I'd be richer, too." Of course, this experience not only liberates one, but also teaches one the futility and waste of consumerism. -- RF
## Environment/health ##
With Pollinators at Risk, Bee-Friendly Gardening Moving into Mainstream
## Environment/health ##
With Pollinators at Risk, Bee-Friendly Gardening Moving into Mainstream
A spoonful of cinnamon may keep the doctor away
South Korea reports first two deaths from MERS respiratory illness
South Korea reports first two deaths from MERS respiratory illness
Obesity epidemic weighs down hospitals (Australia)
Baltimore homicides in May worst in nearly 40 years
Funding shortage threatens half U.N.'s humanitarian operations in Iraq
Funding shortage threatens half U.N.'s humanitarian operations in Iraq
Excellent: Liberation Is Unprofitable
12 examples of how liberation is not profitable and therefore it must be marginalized, outlawed, proscribed or ridiculed.
Florida Court Rules ''Off Grid'' Living Illegal
## Japan ##
From Money to Psychology, Japan Reveals The Basis of Corruption
12 examples of how liberation is not profitable and therefore it must be marginalized, outlawed, proscribed or ridiculed.
Florida Court Rules ''Off Grid'' Living Illegal
## Japan ##
From Money to Psychology, Japan Reveals The Basis of Corruption
Drill held to deal with illegal landing on island
Japanese police and the coast guard have held a joint drill to prepare for a possible illegal landing by foreigners on a remote Japanese island.
Japanese police and the coast guard have held a joint drill to prepare for a possible illegal landing by foreigners on a remote Japanese island.
Five Reasons Chinese Property Isn't Out of the Woods Yet
Muddy Waters Warns on Chinese Stocks: "Largest Pump-and-Dump in History"
Muddy Waters Warns on Chinese Stocks: "Largest Pump-and-Dump in History"
## US ##
Is Our Economy's Cinderella Carriage About to Turn Into a Pumpkin?
The past six years of expansion have been as illusory as Cinderella's magic carriage.
The past six years of expansion have been as illusory as Cinderella's magic carriage.
47% of Americans would have to Borrow or Sell Something to Cover an Unexpected Expense of $400
31 worst fees in America
31 worst fees in America
Muslim Woman Discriminated Against on United Airlines Flight Says Experience is Common
Homeownership is no longer the linchpin of the American dream
Americans still aren't spending their gas savings
Homeownership is no longer the linchpin of the American dream
Americans still aren't spending their gas savings
Factory Orders Down 6.5% Y/Y, Below April 2013
Auto Sales Reach 10 Year Highs On Record Credit, Record Loan Terms, and Record Ignorance
Auto Sales Reach 10 Year Highs On Record Credit, Record Loan Terms, and Record Ignorance
