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Monthly Archives: June 2012

Nasty Heat Wave Grips Parts of the Country

via AccuWeather.com

A dangerous situation is unfolding from Indiana to the mid-Atlantic where millions remain without power and temperatures are once again soaring.

A violent thunderstorm complex, known as a super derecho, left a trail of power outages and destruction from Indiana to southern New Jersey, Virginia and northern North Carolina Friday afternoon and night.

Eleven lives were lost, all due to falling trees…

Indiana: 112,760
Kentucky: 140,461
Ohio: 363,500
West Virginia: 500,000
Virginia: 2.5 million
Maryland: More than 1.3 million
New Jersey: 168,000


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S&P Posts Best Day This Year

 NEW YORK—The Standard & Poor’s 500-stock index posted its biggest daily gain of the year, an exclamation mark on stocks’ best June in more than a decade, as investors cheered European leaders’ progress on the region’s debt problems

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Documentary: Symbols of an Alien Sky

A departure from the normal documentary. A bit of history and culture is always nice.

Cheers on your weekend!

[youtube://http://www.youtube.com/watch?v=OH7lrjixaNA 450 300]

Based on more than two decades of devoted research, mythologist David Talbott reconstructs the cosmic drama when planets hung in the sky close to the earth–an epoch of celestial wonder giving rise to mythological symbols found across the globe in all cultures and religions.

Symbols of an Alien Sky will make known the celestial spectacles and earth-shaking events once recalled by our ancestors. Ancient symbols of these events are all around us; some as icons of the world’s great religions, other have origins that appear to be lost in obscurity.

Cultural history is perceived as fragmented and contradictory. However hidden beneath the fiction are levels of deep agreement between the cultures.
According to David Talbott, these “archetypes” allow for a drastic reinterpretation of both human and planetary history. Rival regional symbols are aspects of “one story told around the world,” a story both awe inspiring and terrifying.

Perhaps the most compelling discovery comes from the sciences.

Independent investigation over the past 12 years has confirmed that the celestial formations Talbott reconstructed—all from historical evidence—precisely match the behavior of electric discharge in the plasma laboratory and in remote space.

A convergence of historical evidence and plasma science has occurred.

The converging research points toward planetary instability and intense electrical events in ancient times.

Why did every ancient civilization celebrate a former “Age of the Gods”, an age claimed to have ended in earth threatening disaster?

What was meant by the lost “Golden Age?”

Why did ancient sky worshippers refer to Saturn as “the sun?”

Why was Venus worshipped as the “Mother Goddess?”

And why did both Old and New World astronomers celebrate the planet Mars as a great warrior whose battles shook the heavens?


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A New American Dream or Just a Pause ?

“Seems like a house with a white fence no longer constitutes the American dream. A new census reveals that, due to the harsh economic conditions, more young adults are choosing to stay in urban areas, rejecting family life with kids in quiet suburbs.

A recently-published 2011 census has documented a historical switch showing that America’s largest cities are now growing faster than their surrounding suburbs. Primary cities in large metropolitan areas with populations of more than 1 million grew by 1.1 per cent last year, compared with 0.9 percent in surrounding suburbs.

New Orleans saw the biggest rebound in city growth relative to suburbs in the last year, with 3.7 percent and 0.6 percent respectively. Atlanta, Denver and Washington DC are among other cities demonstrating significant city growth compared to suburbs.”

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Top Fed Official: We’re Giving Big Banks ‘An Unfair Subsidy’

“By Jonathan Weber

ASPEN, Colorado June 28 (Reuters) – Large financial firms that have grown even bigger since the financial crisis earn backdoor government subsidies because of a perception that they will be bailed out, a Federal Reserve official said on Thursday.

This offers these big banks lower borrowing costs and a leg up over smaller competitors, said Dallas Fed President Richard Fisher, who has repeatedly called for breaking up institutions seen as too big to fail.

“It’s an unfair subsidy,” he said during a question-and-answer session at the Aspen Ideas Festival. “They have a funding preference.”

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Check Out Biderman’s Commentary From Trim Tabs

“Epic Rant. Everyone’s favorite Bay Area truthsayer is back and this time he is taking on the general ignorance of an indoctrinated mainstream media and the brainwashed investing public. Dismissing the nonsense of one media blogger’s belief that the ‘Euro would be better off without the meddling Germans’ – implying that once the ECB was left to follow the path of stupidest resistance of printing and spending that all will be well with the region, Biderman conjures Lewis Black (spit and all) in the incessant belief that more debt can solve a problem of too much debt. Furthermore, the expectation that a European QE can bring rates down for Europe (without a German pillar of sanity) is ludicrous: ”

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Can We Say Goodbye to a Global Deflationary Vortex ?

“Slowing growth as well as deficit and debt problems in the Eurozone, U.S., China and the emerging nations increases the odds of a deflationary global recession and a renewed down leg in the ongoing secular bear market.

The Eurozone crisis is worsening as economic growth is being hit by front-loaded austerity measures that is exacerbating budget deficits and reducing tax revenues.  The southern-tier nations, particularly Spain and Italy, cannot get credit as interest rate spreads have widened to unsustainable levels.”

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The Bow Tie Says You Can Not Avoid ‘Financial Armageddon’

“A much-hyped decision by European leaders allowing banks to tap bailout funds to recapitalize won’t halt the advance of a “Financial Armageddon,” says international investor Jim Rogers.

European Union leaders at a summit voted to give their bailout fund, European Stability Mechanism (ESM), power to lend directly to countries to prop up banking sectors.

Under previous rules, bailout money went to countries, who then funneled the funding to recapitalize banks, which added to a country’s overall debt burden.”

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