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Thursday July 02, 2015
News Articles

Scientists Detect Mysterious Warming in U.S. Coastal Waters
TruthDig | Tim Radford | 06/28/15

Oceanographers are puzzled by an accelerated burst of warming sea that threatens the fisheries of the American Atlantic coast.

Meanwhile, off the US West coast, scientists report that they have been baffled by a mysterious "blob" of water up to 4°C warmer than the surrounding Pacific, linked to weird weather across the entire country.

Jacob Forsyth and research colleagues from the Woods Hole Oceanographic Institution (WHOI) in Massachusetts report in the Journal of Geophysical Research: Oceans that the ocean off the US north-east continental shelf has been warming at unprecedented levels for 13 years. ... Read more or Here
*GWR | Last Hours, Episode02 (09/19/14) [11:18]

Hippos are extremely dangerous to humans, and actually kill more humans every year than any other animal in Africa. The hippo's closest relative is the whale.

Americans Not In The Labor Force Soar By 640,000 To Record 93.6 Million; Participation Rate Drops To 1977 Levels
ZeroHedge | author | 07/02/15

In what was an "unambiguously" unpleasant June jobs payrolls report, with both April and May jobs revised lower, the fact that the number of Americans not in the labor force soared once again, this time by a whopping 640,000 or the most since April 2014 to a record 93.6 million, with the result being a participation rate of 62.6 or where itt was in September 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy. ... Read more
Click picture to zoom in

Since 2007 The US Has Lost 1.4 Million Manufacturers, Gained 1.4 Million Waiters And Bartenders.

IMF Bolsters Greek "No" Vote, Says Country Needs Debt Haircut
magazine | author | date

If the IMF were a Greek citizen, it would vote "No" in this weekend's referendum. According to a report prepared prior to capital controls and the banking sector meltdown, any deal that included creditor concessions on fiscal reforms would mean Greece's debt load would have to be written down.

This underscores the IMF's long-standing position that EU creditors will ultimately need to write down their holdings if Greece has any hope of returning to a situation where the country's debt-to-GDP ratio is "sustainable," and suggests that Syriza is indeed making a smart move by holding out. ... Read more
CBS | Pain In The Streets In Greece As Financial Crisis Unfolds (07/01/15) [2:32]

BB | How Much Worse Can It Get for Greece? (07/30/15) [4:08]

XKEYSCORE: NSA'S Google For The World's Private Communications
firstlook.org/theintercept/ | Glenn Greenwald | 07/01/15

One of the National Security Agency's most powerful tools of mass surveillance makes tracking someone's Internet usage as easy as entering an email address, and provides no built-in technology to prevent abuse. Today, The Intercept is publishing 48 top-secret and other classified documents about XKEYSCORE dated up to 2013, which shed new light on the breadth, depth and functionality of this critical spy system -- one of the largest releases yet of documents provided by NSA whistleblower Edward Snowden.

The NSA's XKEYSCORE program, first revealed by The Guardian, sweeps up countless people's Internet searches, emails, documents, usernames and passwords, and other private communications. XKEYSCORE is fed a constant flow of Internet traffic from fiber optic cables ... Read more

Democracy Now! U.S. and World News Headlines for Thursday, July 02 [12:10]
*DN | "A New Chapter": After Half a Century, U.S. and Cuba Unveil Reopening of Embassies & Restored Ties (07/02/15) [20:36]
DN | As Black Churches Burn Across the South, Are White Supremacist Attacks Continuing After Charleston? (07/02/15) [11:13]
*The Financial Industry
I listed the following Financial videos, because I think they illustrate what is happening to the global economy. 1) First, there was financialization of the economy where new complex financial instruments were created, 2) then there was de-regulation of the financial markets, 3) next, new brokerage rules were implemented based on "The Anatomy of Greed", 4) then there was corrupting of the banking, accounting and rating agencies, 5) next, humans were removed from the equation, now over 60% of the stock market trades are High Frequency Trades done by algorithms/computers, 5) ... .

I especially like:
  1. Quants: The Alchemists of Wall Street
  2. The Crooked E - The Unshredded Truth About Enron
  3. Enron: The Smartest Guys in the Room
  4. CBC | MELTDOWN - Global Financial Meltdown
Quants: The Alchemists of Wall Street (03/04/10) [47:49]
Quants are the math wizards and computer programmers in the engine room of our global financial system who designed the financial products that almost crashed Wall st. The credit crunch has shown how the global financial system has become increasingly dependent on mathematical models trying to quantify human (economic) behaviour. Now the quants are at the heart of yet another technological revolution in finance: trading at the speed of light.

What are the risks of treating the economy and its markets as a complex machine? Will we be able to keep control of this model-based financial system, or have we created a monster?

A story about greed, fear and randomness from the insides of Wall Street.
Money & Speed: Inside the Black Box (2012) [48:23]
Money & Speed: Inside the Black Box is a thriller based on actual events that takes you to the heart of our automated world. Based on interviews with those directly involved and data visualizations up to the millisecond, it reconstructs the flash crash of May 6th 2010: the fastest and deepest U.S. stock market plunge ever.
The Wall Street Code (11/04/13) [50:29]
A thriller about a genius algorithm builder who dared to stand up against Wall Street. Haim Bodek, aka The Algo Arms Dealer.

From the makers of the much-praised Quants: the Alchemists of Wall Street and Money & Speed: Inside the Black Box. Now the long-awaited final episode of a trilogy in search of the winners and losers of the tech revolution on Wall Street. Could mankind lose control of this increasingly complex system?
The Crooked E - The Unshredded Truth About Enron (2003) [1:21:17]
The Crooked E: The Unshredded Truth About Enron is an American television movie aired by CBS in January 2003, which was based on the book Anatomy of Greed by Brian Cruver. The film, which stars Brian Dennehy, Christian Kane and Mike Farrell, and was directed by Penelope Spheeris, was a ratings hit for the network.
Enron: The Smartest Guys in the Room, Part 1 () [50:54], Part 2 [50:54]
PBS Frontline | Bigger than Enron (2002) [55:48]
The Trillion Dollar Bet - a documentary about the demise of Long Term Capital Management (2000) [48:53]
CBC | MELTDOWN - Global Financial Meltdown (all 4 episodes) () [2:49:15]
*TRNN | Robert Scheer: Plundering Our Freedom with Abandon, Part 9 (07/02/15) [26:18]

TRNN | Economist James Henry breakdowns the hedge funds, bond holders, and wealthy individuals who have benefited from Puerto Rico's triple tax exempt status (07/02/15) [7:12]
TRNN | Survivor Sgt. Bryce Lockwood: Survivor of Israeli Attack on USS Liberty: It Could Not Have Been a Mistake (07/02/15) [28:44]
TYT | Greek Economy On Life Support As Debt Crisis Boils Over (07/01/15) [10:24]
TYT | Homeless Black People Bullied By O'Reilly & His Minion (07/01/15) [10:28]
*RT | CrossTalk: Cold War Redux (with Chris Hedges) (07/01/15) [23:59]
RT | Keiser Report: Greece! Start Fresh (E777) (06/30/15) [25:59]
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the idea of "nothing to fear but fear itself" as Greece puts an end to sovereign asset forfeiture as capital controls and bank holidays are declared after its government called a referendum. In the second half, Max interviews American defense attorney Craig Brand about civil asset forfeiture.
Thom Hartmann - www.thomhartmann.com/

07.02.2015. 11:29

Wednesday July 01, 2015
News Articles

Bernie Sanders' Campaign Gets A Big Boost
HP | Dave Jamieson | 07/01/15

The longtime leader of one of the country's most powerful labor unions is joining the Democratic presidential campaign of Sen. Bernie Sanders (I-Vt.), and he says presumed frontrunner Hillary Clinton made it an easy call. Larry Cohen, outgoing president of the Communications Workers of America, told The Huffington Post he will serve as an unpaid volunteer stumping for Sanders as the Vermont senator seeks the Democratic nomination. One of the main factors in his decision, Cohen said, was ... Read more

GREECE | Tsipras Offers Conditional Okay To Greece Bailout; Creditors Skeptical
Reuters & HP | author | 07/01/15

BRUSSELS, July 1 (Reuters) - Greek Prime Minister Alexis Tsipras has written to international creditors saying Greece could accept a bailout offer published on June 28 if several conditions were changed, but Germany said the letter had come too late and did not go far enough.

In exchange, Athens wants a 29 billion euro loan to cover all its debt service payments due in the next two years. In the letter, seen by Reuters, Tsipras asked to keep a discount on value added tax for Greek islands, stretch out defense spending cuts and delay the phasing out of an income supplement to poorer pensioners. ... Read more

IMF: austerity measures would still leave Greece with unsustainable debt
TheGuardian | Alberto Nardelli | 06/30/15

Greece would face an unsustainable level of debt by 2030 even if it signs up to the full package of tax and spending reforms demanded of it, according to unpublished documents compiled by its three main creditors.

The documents, drawn up by the so-called troika of lenders, support Greece's argument that it needs substantial debt relief for a lasting economic recovery. They show that, even after 15 years of sustained strong growth, the country would face a level of debt that the International Monetary Fund deems unsustainable. ... Read more

41% of Americans Believe Humans Lived with Dinosaurs

Terminator Genisys review: Arnie's back, but the lustre isn't
TheGuardian | Henry Barnes | 06/30/15

He is, inevitably, back. Again. The Terminator franchise stumbles out of the wreckage of the critically savaged sequel Salvation, this time with the participation of the original model, Arnold Schwarzenegger, and the lavish endorsement of series co-creator James Cameron.

Salvation "sucked" and Genisys, we've been told, is a new dawn. In this alternate timeline, the genius of 1984's splendidly cheesy The Terminator and its sleek, superior follow-up Terminator 2: Judgment Day, are the only history that matters. ... Read more
Terminator Genisys Movie (trailer) [2:31]

Terminator Genisys website
When John Connor (Jason Clarke), leader of the human resistance, sends Sgt. Kyle Reese (Jai Courtney) back to 1984 to protect Sarah Connor (Emilia Clarke) and safeguard the future, an unexpected turn of events creates a fractured timeline. Now, Sgt. Reese finds himself in a new and unfamiliar version of the past, where he is faced with unlikely allies, including the Guardian (Arnold Schwarzenegger), dangerous new enemies, and an unexpected new mission: To reset the future...
Terminator Genisys Movie, interview with the creator James Cameron (06/08/15) [2:24]
The Terminator Hot Toys T-800 Endoskeleton 1/4 Scale Collectible Movie Figure Review (current) [10:27]
Hot Toys | The Terminator: Endoskeleton website
Democracy Now! U.S. and World News Headlines for Wednesday, July 01 (full, MP4 format) [50:00]
*DN | Is Puerto Rico America's Greece? U.S. Commonwealth Seeks Bankruptcy Help in Face of Crushing Debt (07/01/15) [13:57]
Climate Change - *GreenWorldRising.org
GWR | Carbon, Episode01 (08/20/14) [8:32]
*GWR | Last Hours, Episode02 (09/19/14) [11:18]
The Last Hours of Humanity: Warming the World to Extinction by Thom Hartmann

There's a common thread to every single mass extinction in our planet's history. It's global warming.

From the Permian Mass Extinction 250 million years ago that killed off 95% of all life on Earth to the K/T mass extinction 65 million years ago that killed off the dinosaurs, all were brought about by a sudden warming of the planet. New research shows that once that warming hits a tipping point of 5-6 degrees Celsius, it triggers a cataclysmic melting of sea ice and the release of noxious methane gasses stored deep in the oceans around the world and below the permafrost in the Arctic, which further accelerates the warming of the planet to temperatures unsuitable to life.

This book, The Last Hours of Humanity, goes where far too few researchers have been willing to go, which is addressing global warming not as an economic or political problem, but as a geological problem that threatens the survival of every living thing on the planet, including us humans.
GWR | Green World Rising, Episode03 (10/30/14) [9:47]
GWR | Restoration, Episode04 (04/14/15) [9:40]
Humor
Kids Explain Gay Marriage (06/30/15) [3:02]
TRNN | Patrick Cockburn and Baris Kaargaarc discuss: Turkey Planning Next Move After Massacre in Kobani (07/01/15) [8:20]
TYT | Chris Christie Announces He's Going To Save America (06/30/15) [11:11]
TYT | Anti-Gay Orthodox Jews Hire Mexicans To Protest For Them At Gay Pride (06/30/15) [5:21]
Ring of Fire on Free Speech TV (full episode) (06/30/15) [29:00]
Here's what's happening tonight:
  1. Unregulated capitalism is killing our planet, but corporate interests are preventing us from taking action. We'll bring you the details...
  2. Donald Trump is surging in the polls, and we'll explain why the thought of a Trump presidency scares the GOP to death...
  3. And Bernie Sanders is getting some high profile endorsements -- his bid for president is growing stronger by the day.
Thom Hartmann - www.thomhartmann.com/
ThomHartmann | Greece is Melting Down...is America Next? (06/30/15) [8:42]
Interesting arguement/discussion. The trade debt has always been the problem, but it is hard to seperate it out from the overall discussion.
Trade Imbalance (TPP, TTIP, NAFTA, Secret Trade Deals)
*U.S. Trade Deficit: Before and After "Free Trade" (current) [9:00]
http://tradetreachery.com/website

07.01.2015. 11:02

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