Until we must come for you.
An acquainted pointed to
http://thinkprogress.org/economy/2011/04/13/153206/koch-industries-price-gouging/
as proof high oil prices were due to market manipulation. I’m wondering what you think about this?
Record Medication Shortages
Figures just released by the University of Utah Drug Information Service, which tracks national drug shortages, show there were 56 more newly reported drug shortages in the U.S. last year than in 2010, when there were 211. The shortages have set a record high in each of the last five years.
OWS Mass Arrests Rings In The New Year
Video of a cop shoving actress Ellen Barkin was burning up the internet Sunday after she got caught up in the chaos surrounding a New Year’s police roundup of Occupy Wall Street protesters. In all, 68 people were arrested when cops shut down an Occupy Wall Street march near Union Square.
Banking system is just the messenger of ecosystemic collapse
The largest independent refiner and wholesaler of petroleum products in Europe is to close three of its five oil refineries over the coming weeks because it has run out of money for crude. The Cressier plant has enough crude to last between 15 and 20 days.. Traders said that of Petroplus’s five plants, the UK plant in Coryton might be the last to stop given its superior tank holding capacity.
OWS shuts down Port of Oakland again
The crowd of thousands managed to close parts of the nation’s fifth-largest port for more than 24 hours. It took a mob more than TWICE this size to shut down the port for only HALF as long last month. There’s nothing to see here, just the desperate dying spasms of western civilization, move along.
Exxon VP says “oil imports have reached a peak”
What the vice president of corporate strategic planning for the second largest American corporation is saying is that the overall trajectory is one of more people getting by with less material resources. Which by all ‘traditional’ metrics connotes a ‘lower‘ standard of living… Now where could I’ve heard that before?
Japan’s Electrical Infrastructure Update
With only 9 of the country’s 54 nuclear reactors operational, Japan is about to enter its winter power demand season with only 82.5% of it’s total electrical generating capacity operational. In an effort to maintain living standards with economic growth an impossibility within a region of declining electrical energy production; demand for liquid petroleum fuels is surging. WTI Crude oil has spent last two weeks back above $100 USD.
S&P 500 Index Lower Every Month Since QE 2.0 Ended
More than $3 trillion has been erased from the value of global equities this month. Resulting in Standard and Poor’s having to cut the credit rating on 15 of the worlds largest 37 BANKS last night. Surely… something can/must/WILL be done.
*SURPIRSE* Mortgage Delinquencies Rise
That leaves wider economic issues having a larger role, Martin said. He pointed to the U.S. credit rating downgrade, the U.S. and European debt crises (Read: mainstream press is finally beginning to call it the US AND European debt crisis as oppose to just an issue with PIIGS nations ~Dek) and the tanking U.S. stock markets during this period. And he noted that two different measures of consumer confidence — the Conference Board and the University of Michigan— both showed those issues hurt consumer attitudes.
Forbes Magazine blames the ecosystem for lack of “growth”
No I am not kidding.. Welcome to “the real world“.
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