The North Anna nuclear power plant, outside Richmond, Virginia, has shut down.
The plant is on the coastline, just seven miles from the epicenter of the 5.9 quake (earlier reports said it was 5.8).
Diesel generators are supplying power to basic systems at the plant.
Nine nuke plants from New Jersey, Virginia, Pennsylvania to Maryland have declared […] Continue Reading…
Basic economics views an economy like a cash flow circle. Economies are doing good when a lot of money is being circulated. When money stops flowing the economy goes down. This is the basic idea of a consumer based economy.
For at least the past two years I’ve heard “experts” whine about consumers not spending. […] Continue Reading…
A 5.8 quake hit Virginia, August 23.
It was felt in Pennsylvania, New York, and Washington DC. The Pentagon was evacuated.
Al Jazerra reports that Libyan government troops, and possibly Gaddafi, are retreating to Sirte. Sirte is the hometown of Muammar Muhammad al-Gaddafi.
Some unconfirmed reports out of Libya: Rebels have entered the Libyan government military compound in Tripoli, and NATO claims the Libyan army launched SCUD missiles.
Unfortunately announcements by rebels, in the past, have a poor track record of truth. But there are many reports that they’ve broken into the large military compound in Tripoli, and […] Continue Reading…
Gaopeng.com, the Chinese arm of U.S. based Groupon Incorporated, has been laying off Chinese workers on a weekly basis, and has threatened current employees if they reveal the lay offs.
Many current and former employees are revealing the lay offs through social media.
One micro blog, called Gaopeng Will Fail (loose English translation), said the U.S. […] Continue Reading…
“The United States aid to Egypt is predicated on the peace treaty between Egypt and Israel, and so the relationship between Egypt and Israel is extremely important.”- Kay Granger, Congresswoman, in an interview with Israeli media
U.S. Congresswoman Kay Granger, told Egypt that if they retaliate for Israel’s killing of their border […] Continue Reading…
“This could give us a plausible explanation of how chronic stress may lead to a variety of human conditions and disorders, which range from merely cosmetic, like graying hair, to life-threatening disorders like malignancies.”-Robert J. Lefkowitz, researcher
Duke University Medical Center found that the ‘fight or flight chemical’ adrenaline, released in stressful […] Continue Reading…
McGraw-Hill, the parent company of Standard & Poor’s, announced that Deven Sharma will resign on September 12.
Sharma is the president of S&P’s. The announcement did not mention if the resignation is related to the recent downgrade of the United States.
Sharma will be replaced by Citibank’s (evil) chief operating officer Douglas Peterson.
In Asian markets, gold went over $1,900 per ounce. The U.S. dollar continues to fall against most Asian money.
Even in Burma the U.S. dollar hit a ten year low. Nobody wants the worthless money: “Despite the falling price, most of the customers are selling their dollars.”-a foreign exchange dealer in Tamwe Township in […] Continue Reading…