What Economic Recovery? World Banks tightening their grip on money

On Saturday, June 25, the Basel Committee on Banking Supervision announced that all major international banks, and central banks (like the U.S. Federal Reserve) are going to increase their capital reserves.

This means they are going to hold onto more money and issue less loans.  Some banks refer to capital reserves as putting their money […] Continue Reading…

Boric Acid to be Poured into Fukushima Daiichi Reator 3

After several months of spewing radiation all over northern Japan, Tokyo Electric Power Company is finally going to use boric acid on one of the Fukushima Daiichi reactors.

Actually TEPCo is pouring a borci acid/water mix into the spent fuel pool above Reactor 3.  By Monday evening, 27 June 2011, they will have used 90 […] Continue Reading…

What Economic Recovery? Idaho Micron says demand for computer chips anemic

Idaho based Micron is reporting a drop in demand for computer chips.  One semiconductor analyst calls it “anemic”.

Micron reports sales are down, even though profits are up 4%, from the previous quarter.  How did they make a profit?  Officially Micron calls it ‘reduction in manufacturing costs’.  That means workers got laid off, in fact […] Continue Reading…

Syria moves troops to border with Turkey, U.S. issues warning, Turkey massing troops

So what if Obama is actually going to withdraw troops from Afghanistan, they’re just going to be used somewhere else.

In response to continued attacks against Syrian police and army troops (three mass graves filled with hundreds of Syrian cops and soldiers have been found), and the fact that Turkey is allowing the build up […] Continue Reading…

Doctors say don’t eat Japanese vegetables, they’re radioactive!

A group of doctors tested people living in the Fukushima Prefecture of Japan.  That’s where the damaged Fukushima Daiichi nuclear plant is.  They discovered people living outside the evacuation zones are internally contaminated with radiation.

The doctors tested people in two cities; Iitate Village and Kawamata Town.  They are about 40 kilometers (24 miles) from […] Continue Reading…

Obama’s order to release U.S. oil reserves is BS, 27 other countries to release oil reserves is also BS, blame war on Libya

All indicators are that global demand for oil is going down, despite the oil “experts” continuing to say it’s going up.  The fact that oil and gas prices are going down is proof of the decrease in demand.  One study says oil should be at $70.00, based on actual consumer demand.

Yet President Barack Obama, […] Continue Reading…

Corporate Incompetence: TEPCo shuts off wrong valves!

Yesterday I speculated that Tokyo Electric Power Company probably installed their water radiation filters backwards.  Today NHK reporting that incorrect settings of the system are the cause of TEPCo’s problems.

At least twice TEPCo had to stop their decontamination of water, at Fukushima Daiichi, because they were getting the reverse effect; an increase in radiation […] Continue Reading…

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