Archive for June, 2012
Net Worth Implosion: It’s Not Just Housing
June 19th, 2012Via: CNN: Americans’ net worth collapsed in recent years, but don’t blame the housing market for it all. New Census Bureau data shows that median household net worth, excluding home equity, fell by 25% between 2005 and 2010. That decline was driven largely by the plummeting stock market, which devastated Americans’ portfolios and retirement accounts. […]
Rate on Spanish 10-Year Bonds Hits Fresh High at 7.18 Percent
June 18th, 2012Via: AP: Spain’s ability to manage its debt without an international bailout was thrown into doubt Monday after investors pushed its borrowing rates up to the level at which Greece, Portugal and Ireland had sought help. Investor sentiment improved briefly in the morning as electoral results in Greece suggested the country would not drop out […]
Man on Life Support After Minneapolis Cop Punches Him for ‘Talking Loud’
June 18th, 2012Via: Raw Story: Sgt. David Clifford, a member of the Minneapolis SWAT team, turned himself in to authorities on Sunday after a father of four who he reportedly “sucker punched” for talking too loud spent Father’s Day in intensive care. Mike Archambault told KMSP-TV that his longtime friend, Brian Vander Lee, was at a restaurant […]
MIT: Textured Surface Could Reduce Thickness of Silicon Used in Solar Cells by More Than 90 Percent
June 18th, 2012Via: MIT News: Highly purified silicon represents up to 40 percent of the overall costs of conventional solar-cell arrays — so researchers have long sought to maximize power output while minimizing silicon usage. Now, a team at MIT has found a new approach that could reduce the thickness of the silicon used by more than […]
Active CIA Employees Developed Alien Language for Disney Children’s Film
June 18th, 2012[???] Via: Silver Screen Saucers: One of the most eyebrow-raising cases of government involvement in a Hollywood UFO movie in recent years is that of Race to Witch Mountain (2009), which apparently received extensive support from the CIA – albeit in an ‘off the books’ capacity – despite its plot drawing extensively from UFO mythology […]
EUR/USD Gap Higher
June 18th, 2012And Crap Down into the 1.25s again. —End Update— High of 1.2727 so far.
Japan Restarting Two Nuclear Power Plants
June 18th, 2012Via: ABC News: Japanese Prime Minister Yoshihiko Noda ordered the restart of two idle nuclear reactors Saturday amid widespread public opposition, more than a year after a powerful earthquake and tsunami triggered three nuclear meltdowns at the Fukushima Dai-ichi Power Plant, and halted all 50 reactors in Japan. The decision to reactivate the Ohi reactors […]
Britain: Communications Data Bill Authorises Collection of Information from the Outside of Physical Mail
June 18th, 2012Via: BBC: The Home Office says it has no current plans to force the Royal Mail to store data on all letters and postcards passing through its system. The provision is included in the government’s draft communications data bill, published this week. But the Home Office said the bill would just maintain existing powers relating […]
U.S. Trying to Get Britain to Stop Russian Arms Shipment to Syria
June 18th, 2012Update: Britain Stops Russian Ship Carrying Attack Helicopters for Syria —End Update— Via: Telegraph: The US government has enlisted Britain’s help in a bid to stop a ship suspected of carrying Russian attack helicopters and missiles to conflict-riven Syria, The Sunday Telegraph can reveal. The MV Alaed, a Russian-operated cargo vessel, is currently thought to […]
‘New Democracy’ Pro Bailout Party Wins Greek Election
June 17th, 2012See the Greek Interior Ministry website for the latest election results. Update Via: BBC: With 40% of the vote counted, New Democracy has 30.45%, Syriza – 26.04%, Pasok – 12.85%. —End Update— Via: BBC Liveblog: Greece: Official Projection of Result: New Democracy – 29.5%, Syriza – 27.1%. That is from the Greek interior ministry, quoted […]
