Archive for July, 2007
Charts: Mass Foreclosures Threaten the U.S.
July 31st, 2007Traders have a word for chart patterns like these: breakout. Via: Efinance Directory: Home foreclosure activity continues to soar nationwide over the past year, particularly in the states of Nevada, California, Arizona, and Florida. We’ve compiled a detailed analysis of the foreclosure crisis, including up-to-date graphs depicting recently reported foreclosure activity for these states.
Survey: Americans Broadly Support Surveillance Cameras
July 31st, 2007No measure of number of Americans who have fled the U.S., never to return? Via: ABC News: Crime-fighting beats privacy in public places: Americans, by nearly a 3-to-1 margin, support the increased use of surveillance cameras — a measure decried by some civil libertarians, but credited in London with helping to catch a variety of […]
BP Gets OK to Dump Mercury into Lake Michigan
July 31st, 2007Via: USA Today: A BP refinery in Indiana will be allowed to continue to dump mercury into Lake Michigan under a permit issued by the Indiana Department of Environmental Management. The permit exempts the BP plant at Whiting, Ind., 3 miles southeast of Chicago, from a 1995 federal regulation limiting mercury discharges into the Great […]
Oil Settles Above $78, Setting Record
July 31st, 2007Via: Yahoo / AP: Oil futures settled at a record high above $78 Tuesday on expectations that crude inventories fell last week and reports of new violence in Nigeria, a large oil producer and key supplier to the U.S.
American Home Mortgage Investment Corp. Collapses
July 31st, 2007Via: Bloomberg: American Home Mortgage Investment Corp. shares plunged 90 percent after the lender said it doesn’t have cash to fund new loans, stranding thousands of home buyers and putting the company on the brink of failure. Investment banks cut off credit lines, leaving American Home without money yesterday for $300 million of mortgages it […]
U.S. Trying to Prevent Turkey from Attacking Kurdish Guerrillas… In Iraq
July 30th, 2007This cluster is spiraling out of control. Via: Washington Post: The morass in Iraq and deepening difficulties in Afghanistan have not deterred the Bush administration from taking on a dangerous and questionable new secret operation. High-level U.S. officials are working with their Turkish counterparts on a joint military operation to suppress Kurdish guerrillas and capture […]
“Prices on Shotgun and Rifle Shells, Along with Components for Loading, Have Increased More Than 50 Percent Since Sept. 1”
July 30th, 2007Via: Statesman: If you haven’t bought shotgun shells in a few months — and most people have not — you’re in for a surprise when you buy a few boxes along with your hunting license next month. Prices have been going up for at least a year, and they will go up again in September. […]
Zeitgeist
July 30th, 2007Zeitgeist is an extremely impressive film that delivers a vast amount of fascinating information in a coherent way. It’s definitely worth setting aside a couple of hours of interruption free time to watch this. If you know any people who don’t quite “get it” yet, this will rattle their cages. Who produced this??? They’ve made […]
Foreclosures on the Rise: Living the American Nightmare
July 30th, 2007Via: San Francisco Chronicle: To many people in the affluent Bay Area, losing a home to foreclosure sounds like a Depression-era relic or a Rust Belt phenomenon. Our real estate prices have defied gravity for so long; our job market is so strong; our cachet as a place to live seems so obvious. How could […]
Cryptogon Reader Contributes $25
July 29th, 2007Thanks JA!
