Monthly Archives: May 2010

Summer of oil looms for beleaguered Gulf Coast  – This summer on the oil-stained Gulf Coast promises to be like no other. Just off Louisiana on Grand Isle, which was hit with oil from the spill, the beach reopened for Memorial … Continue reading →

Summer of oil looms for beleaguered Gulf Coast  – This summer on the oil-stained Gulf Coast promises to be like no other. Just off Louisiana on Grand Isle, which was hit with oil from the spill, the beach reopened for Memorial … Continue reading →

The Next Black Swan- A Yuan Devaluation – China Bluff Exposed, Regime Overthrown– China’s communist regime continued to print money, lending it to everybody that wanted and didn’t want it. The giant housing, infrastructure, and manufacturing bubble came to a … Continue reading →

Transocean Request to Cap Liability ‘Unconscionable,’ U.S. Says  (Bloomberg) — Transocean Ltd.’s request that its liability in connection with what may be the largest oil spill in U.S. history be limited to $26.7 million is “simply unconscionable,” the Justice Department said. … Continue reading →

Obama Talks Left To Move Right, As Wall Street Criminals Are Given A Free Pass And Reforms Are Watered Down – In several high profile speeches, Obama lashed out at Wall Street for its greed and mendacity, proposing financial reforms that appeared … Continue reading →

Toxic Oil Spill Rains Warned Could Destroy North America – A dire report prepared for President Medvedev by Russia’s Ministry of Natural Resources is warning today that the British Petroleum (BP) oil and gas leak in the Gulf of Mexico is … Continue reading →

  Quote Deepwater Horizon updates BP says crude may continue flowing into gulf until August – Washington Post The Oil Drum: Australia/New Zealand | Nuking The Oil Slick Obama Pledges to Push on Stopping Leak – WSJ.com Documents Show Early … Continue reading →

Next phase of financial crisis may be the hardest (Reuters) – It took $5 trillion and an unprecedented global coalition of G20 countries to stabilize the economy after investment bank Lehman Brothers collapsed in 2008. Quelling the next phase of … Continue reading →

Gulf oil well disaster could mean explosive profits for Halliburton – The oil well explosion in the Gulf of Mexico could be a well-timed and profitable accident for Halliburton, the global oil company with the famous connection to former U.S. Vice President … Continue reading →

College Students Are Less Empathic Than Generations Past: Scientific American Podcast -The rise of social media sites like Facebook, MySpace and Flikr, has been accompanied by fears that we are producing the most narcissistic “Generation Me” in history.   But … Continue reading →