Sunday, September 25, 2016

 

News Links, September 26, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Time to "Be Alarmed" about Emerging Market Debt: UN
Moody's downgrades Turkey's credit rating to 'junk' status
What If We're in a Depression But Don't Know It?
As observed before, the current downturn isn't a recession or depression as we usually use the terms. Net energy decline is a heavy drag on economies, thereby in effect creating what appears to be a "Great Recession." Keep in mind that the world pulled out of the Great Depression because in those years the net energy yields of coal and oil were very high. High net energy was also the primary reason that the defeated nations of WWII were able to rebuild so rapidly — they successfully leveraged their reconstruction and recovery efforts with plenty of cheap, high-quality energy. Unfortunately, this time is different! Reconstruction efforts, such as in post-tsunami Japan, are painfully slow, showing that Japan now cannot get the energy leverage it had in the early postwar years. Net energy decline dictates that there is a long slide ahead of us before we are able to settle at a much lower energy level. In the process, we will be forced to give up most of the gains made during the 20th century. -- RF
World Trade Grinds Lower, Hits 2014 Levels
Canadian Housing Bubble, Debt Stir Financial Crisis Fears
Top Bank Fraud Expert: ALL of the Big Banks' Profits Come from FRAUD
US-EU Trade Talks "De Facto Dead"
Zimbabwe to print $75 million of its own version of U.S. dollar
Libya's Cash To Run Out By 2017 Without Jump In Oil Exports
Merkel Says No Aid for Deutsche Bank; Depositor Bail-In Coming Up?
U.S. Imports Record Amount Of Gold From Switzerland In July
Hell To Pay — The final condition for a market crash is falling into place

## Cut, baby, cut! ##
Goldman axing nearly 30 percent of Asia investment banking jobs - sources

## War on cash/cashless society ##
Is it time to do away with cash? (Washington Post)

## Airline death spiral ##
Terminal at New York's LaGuardia reopened after evacuation: media
Qantas Passengers Evacuated in Australia Amid Fumes in Cabin
September Air Travel is So Slow One Carrier Shut Down For a Day
Soon it won't be just September. -- RF

## Fault lines/flashpoints/powder kegs/military/war drums ##
Rouhani: Halt on Flights Over Syria Would Help Radicals
The Natural Gas War Burning Under Syria
Russia And Pakistan To Hold First Joint Military Exercise
Turkey and the Kurdish Quandary
The West's imperial division of the Mideast, including the parceling of Kurdish territory among several countries, still contributes to the region's unrest, leaving the Kurds now at odds with Turkey's powerful army.
The solution is to blame it on the Russians. -- RF
US Senate tacitly endorses US role in Yemen war
Turkey to become 1-year, unaccompanied tour for deployment of US personnel
North Korea threatens another nuclear test
China, US Join Forces to Track Down Chinese Firms Funding North Korea's Nuclear Program
Philippines to Host U.S. War Games After Duterte Softens Stance
US Air Force is losing pilots, and the headwind is getting worse
Did the Pentagon Sabotage Syrian Peace Deal?
As the latest attempt at U.S.-Russian cooperation in Syria goes up in flames, the back story includes Pentagon resistance to the plan and the bloody U.S. airstrike on a Syrian military outpost.
Report: US Forces Korea overdue on nearly $2 million in electricity bills this year
U.S. has used white phosphorus in Iraq

## Migrants/refugees ##
Hungary Says Migration Spreads Terror
Migrant disasters in the Mediterranean
French Leader Vows to Shut Down 'Unacceptable' Calais Camp
Panic sweeps Calais camp as refugees await the bulldozers
Death toll in migrant shipwreck off Egypt rises to 300
Balkan route nations say to focus on achievable ways to prevent new migrant influx
Merkel Caves To Pressure On Migrant Policy: "Germany Has Done Enough", As Support For AfD Hits All Time High
'No camps in France,' vows Hollande, under rightwing pressure

## Global unrest/mob rule/angry people/torches and pitchforks ##
2,000 protest in Romania over minister's immunity
Thousands March in Latest Anti-Govt Protest in Poland
Who Is Behind The Riots? Charlotte Police Says 70% Of Arrested Protesters Had Out Of State IDs
Unrest in Kashmir after clashes between protesters and armed forces
Dozens Of U.S., Canadian Tribes Unite Against Proposed Oil Pipelines
Charlotte Protesters Take a Knee Outside Panthers' Stadium During Anthem

## Energy/resources ##
'Travesty': Nestlé Outbids Another Town for Control of Local Water Supply
Oil Independents To Boost Capex In 2017, Report
Canada is pumping so much oil to the U.S. there are not enough pipelines to carry it
Global Nuclear Power Capacity to Rise Up to 56% by 2030
No, it won't. But by 2030 the nuclear "decommissioning disaster" could well be in full swing. -- RF
Everyone Hates Coal, Yet the Coal ETF is Up 86% This Year
Russia Bets On $40 Oil Through 2017
The problem with off-shore wind energy
It's becoming increasingly clear that renewables aren't going to save the day. But the writer's insistence on nuclear power as a solution is even crazier. -- RF

## Got food? ##
Deere Smart Tractors Go Into Battle Against Malthusian View
This article hauls out the old chestnut that Malthus was wrong, but like all the other Malthus bashers can't see (or won't admit) that the Malthusian catastrophe was just postponed by the one-time fossil fuel bonanza. With net energy in decline, we're increasingly closer to the day when overweight people will wonder how they were ever concerned about getting too many calories. -- RF
Rising ocean temperatures threatening Maine lobster industry

## Environment/health ##
Climate change could cross key threshold in a decade: scientists
The UN just categorized antibiotics in the food system as a crisis on par with AIDS and Ebola
A Cruise Ship Just Sailed the Northwest Passage, Thanks to Climate Change
Puerto Rico Reports 2nd Death Tied to Zika-Related Condition
As opioid epidemic grows, so do prices of lifesaving overdose drugs
Natural gas is a stupid transportation fuel
Iowa expects more rain, braces for record flooding
Oil, gas drilling has Oklahoma all shook up. Can anything be done about it?
Forget California—Oklahoma is now the most earthquake prone state in the lower 48, according to the U.S. Geological Survey. And in this case, the reason appears to be man-made.
Breaking Taboo, Swedish Scientist Seeks To Edit DNA Of Healthy Human Embryos
Africa Lost About 111,000 Elephants to Poaching in Last Decade
Want to Slow Climate Change? Stop Having Babies
I've said it many times: Too many humans. -- RF

## Intelligence/security/internet/cyberwar ##
America the Banana Republic – Most of Clinton's Recovered Emails Will Be Released After Election Day
Facebook exaggerates key video viewing metric; advertisers given inflated data
After 75 Years Of Rogue Operations—–The FBI's Hillary Clinton Email Probe Is The Final Straw
Hillary Emailgate: How One Twitter User Proved The "Intent" That The FBI Missed After Months "Investigating"
The FBI Investigation of EmailGate Was a Sham
NSA Analyst: We now have incontrovertible proof the Bureau never had any intention of prosecuting Hillary Clinton
Yahoo is sued for gross negligence over huge data breach
Obama used a pseudonym in emails with Clinton, FBI documents reveal
Obama-era surveillance worse than Stasi, says Oliver Stone
10 Ways Local Police Are Spying on Your Community
Computer Scientists Close In on Perfect, Hack-Proof Code
Scary Microsoft patent would have Windows watch everything you do, send it to Bing, for better search results
India mulls all options including cyber warfare to make Pak pay
A Walking Tour of New York's Massive Surveillance Network

## Propaganda/censorship ##
How US Propaganda Plays in Syrian War
U.S. foreign policymakers have experimented at planting propaganda in social media and then citing it as evidence to support their goals, a process now playing out in the Syrian "regime change."
As I've repeatedly said, the US has the best propaganda system in the world. -- RF
Russia and US Provide a Lesson in Propaganda Over Syrian Ceasefire
How to Win a Debate With Mind Games and Dirty Tricks
Perplexed global public opinion holds its breath at the (circus) best American "democracy" is able to conjure.
The first cage match this coming Monday between a Queen of War profiting from a mighty (Clinton) Cash Machine and a billionaire uber-narcissist adored by a "basket of deplorables".
How Libyan 'Regime Change' Lies Echo in Syria
Another Kerry Rush to Judgment on Syria
The U.N. withdrew its claim that an airstrike hit its Syrian relief convoy but Secretary of State Kerry relied on the outdated claim in lashing out at Russia in a repeat of his earlier rushes to judgment.

## Japan ##
Japan seeking new negotiations with Russia for Kuril Islands, report says
"It May Be Over For The BOJ" - Wall Street Throws Up On Kuroda's "Disastrous" New Policy
As Rivals Circle, Japan Boosting Firepower To Buy Global Energy Assets
Japan plans to rush through a bill to provide more financial muscle for its companies to compete for global energy assets, just as other resource-hungry Asian economies such as China and India are also looking to snap up depressed oil assets.
New SDF outpost creates divide in East China Sea
Twitter sees inquiries surge from Japanese authorities
Japan, Russia appear to be making headway in island dispute
Japan eyes exhibiting materials on territorial issues in Tokyo
Japan's future typhoons: disruptive, deadly and destructive
Japan's Time Is Running Out: Toward Monetary Exhaustion
As Diet opens, emboldened Abe sets sights on constitutional revision
Japan scrambles ASDF near Okinawa as Chinese air force planes pass over key entryway into Pacific

## China ##
Greenpeace Reports Nearly 200 Died in China in Chemical Explosions from Jan to Aug
China chalks up $667-billion debt pile over toll roads
16-year-old girl starves mom to death for forcing her into brutal internet addiction camp
Beijing OKs merger of major steelmakers
Barack Obama's 'Asian pivot' failed. China is in the ascendancy (Guardian)
Did people realistically expect anything different? -- RF
From soccer clubs to robot makers to private banks ... is China buying up Europe?
Activists Speak Out on Xi's Rights Crackdown
China Air Force Holds Drills In Western Pacific For Second Time This Month
China Continues to Battle Massive Capital Flight Problem
China dispatches big air force fleet near Okinawa in show of force to Japan
'They're just like us': Exhibition shines a light on Hong Kong's grim low income housing

## UK ##
LSE's Rolet Says 100,000 Jobs at Risk If Clearing Leaves London
Russian Blackjack bombers intercepted by RAF Typhoons off Shetland
Revealed: one in seven UK takeaways have failed food hygiene tests
IT failure sees operations postponed amid backlog of 10,000 blood tests 

## US ##
The Crazy Years — They're here
Obama Vetoes Bill to Let 9/11 Families Sue Saudi Arabia
GDP Estimates in Free-Fall: FRBNY Nowcast 2.26% for 3rd Quarter, 1.22% for 4th Quarter
Chicago's Plight: Why Do Blacks Perpetually Vote for Politicians Who Make Their Lives Worse?
Keith Lamont Scott's wife releases video of deadly Charlotte encounter
Charlotte Police Release Dashcam, Body-Cam Footage Of Keith Scott's Death, Chief Says "Absolutely" Had A Gun
"FBI Is Handing Out Deals Like Candy" - Cheryl Mills And 2 Other Clinton Aides Get Immunity
Suspect Arrested in Washington Mall Shooting That Killed 5
Cop's Body Camera Records Him Pepper-Spraying Teen Girl
Flat broke: Bill and Hillary Clinton buy the house next door — their third $1 million manse
Study finds young men are playing video games instead of getting jobs
California exceptionalism: Every household in the state owes around $11,000 for public pensions
It's part of the ongoing collapse of pensions around the world. -- RF
Students Are Pulling a Kaepernick All Over America — and Being Threatened for It
Everyone thinks they are middle class: The false perceptions many Americans hold.
John Boehner Cashes Out, Joins Corporate Lobbying Firm That Represents China
Introducing the Military-Industrial-Elementary School Complex
Chart Of The Day: Household Financial Assets To Disposable Personal Income Now Exceeds Dotcom/Housing Bubble Peaks

## The candidates ##
Most Dangerous Person On the Planet Today: Hillary Clinton
Meet Mike Morrell—-Hillary's Favorite Demented, Creepy CIA Warmonger
12 Ways Gary Johnson Is a Hardcore Right-Wing Radical
There's One Other Reason Gary Johnson and Jill Stein Should Be Invited to the Debates
Jill Stein: Why I should be in the debates
Trump headed for win, says professor who's predicted 30 years of presidential outcomes correctly
Russia Views Hillary Clinton as An "Existential Threat" to Peace
New York Times Endorses Clinton for President, Highlights Experience
Hillary Clinton Allies Press Donald Trump For More Transparency, While Keeping Their Own Clients Secret
Republican billionaire pledges $2M to Clinton
Trump praises autocratic Egyptian leader
Law Prof Says There is Already Enough Evidence To Impeach Donald Trump If He Beats Hillary
Bill Clinton's Ex-Girlfriend, Gennifer Flowers, Confirms She Will "Definitely Be At The Debate"
Trump Camp Pivots to Say Flowers Not Invited to Debate
"The Hillary Coverup Operation" - How PRN Described Clinton's 60-Day "Email Retention Policy"
Trump tells Netanyahu he would recognize Jerusalem as Israel's capital
Dilbert Creator Switches Endorsement From Hillary to Trump

And finally...
Ig Nobel Prizes 2016: Volkswagen, Personality Of Rocks, Asking Liars About Lying, Alpine 'Goat Man' And Others
Restaurant shut down for operating without license one day after winning Michelin star (China)
Japanese inventor Dr. NakaMats unveils bladed 'guard wig' invention for Donald Trump


Thursday, September 22, 2016

 

News Links, September 23, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
UN fears third leg of the global financial crisis, with epic debt defaults
EU Banks May Need Rescue Funds Equaling Twice ECB Capital
Central banks have been net gold buyers every year since economic collapse: report
Suriname Slides Into Economic Abyss, in Shadow of Venezuela
Mexican Peso Plunges against Dollar, in Toxic Cocktail of Forces
Why Canadians Are Being Offered Cash to Abandon Their Homes
Germany's Schaeuble says zero interest rates make no sense to him
The Central Bank of Russia Adds 700,000 Ounces of Gold To Reserves in August
Storage cost argument against gold now applies to cash
"Deutsche Bank May Ultimately Need A State Bailout" - Handelsblatt
OECD sees growth flounder as globalization stalls
OECD Warns Fed, BOJ, ECB of Asset Bubbles, "Risks to Financial Stability," Pinpoints US Stocks & Real Estate
Automation: This is Why the Job Market Stinks, but No One is Talking about it
Get ready for the mother of all stock market corrections once central banks cease their money printing
The Old Wall Street Trader Is Dead, Algo's Now Rule The Day
The Collectible Car Market Is Getting the Air Kicked Out of its Tires

## Cut, baby, cut! ##
Ericsson plans to stop manufacturing in Sweden, cutting 3,000 jobs: media

## Airline death spiral ##
Airline stocks lose altitude after terror attacks
Airline crew mistakenly warns of hijacking ... twice
Airline Passenger Bangs on Cockpit Door, Diverts D/FW-Bound Flight
Airline industry boasts record profits, but UN warns of persistent threats
The good news: more and more people are travelling by air, and airlines are seeing profits increase. The bad news: terrorists view airports and air travel as attractive targets for death and destruction.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iran 'Determined' to Boost Military After US-Israel Deal
When Russia Called to Get US to Stop Syria Strike, US Official Wasn't There
White House: Russia to Blame Even If They Didn't Attack Aid Convoy
Syrian Civil War: Russia Accuses US Drone Of Bombing UN Aid Convoy
Syria Conflict: Airstrike Kills More Aid Workers As UN Announces It Will Resume Relief Services
Russia Deploys Flagship Aircraft Carrier To Syria Coast
Assad Blames US for Collapse of Syria Truce
Dunford confirms Islamic State fired mustard agent at US troops
North Korea Nuclear Testing: South Korea, US Prepare For Attack
Predator drones surpass 4 million flight hours
Video Shows American Soldiers Posing As "Rebels," "Fleeing" Jihadists in Syria
Senate Approves Sale Of $1.15 Billion In Weapons To Saudi Arabia
Taiwan Constructs Anti-Aircraft Defenses on Taiping Island in the South China Sea
Pakistan's Sharif Says World Ignores South Asia Tensions At Its Peril
Nuclear War Reaction 'Plan': South Korea Could Invade North And Kill Kim Jong Un
Pentagon considers additional 500 troops for Iraq
27 U.S. Senators Rebel Against Arming Saudi Arabia
Obama Promises to Shield Saudis on 9/11
In Election, Russians Rallied Around Putin

## Migrants/refugees ##
Why Are There So Many Refugees In 2016? Facts About The Global Crisis And How You Can Help
'Unmanageable' situations at Greek hotspots, regional governor says
Wealthy countries further cannibalise development budgets to host refugees
Great Wall Of Calais: Work begins on barrier to stop migrants
Hungarian Inmates Working Around the Clock on Border Fence
Dozens Killed After Migrant Boat Capsizes off Egyptian Coast
Calais refugee children abandoning plans to reach UK

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protests Erupt After Police Seeking Suspect Kill a Different Man in Charlotte, N.C.
Violent clashes in South Africa over student fees
Thousands protest in Brussels against US, Canada trade deals
Congo President Calls for Calm After Bloody Street Clashes
Charlotte Protests Over Keith Scott Shooting Descend Into Chaos for 2nd Night
Violent Protests Flare for Second Night in Charlotte (photos)
Guns Sell Out In Charlotte As Local Police Refuses To Release Shooting Video
U.S., Canada aboriginal tribes form alliance to stop oil pipelines

## Energy/resources ##
Oil Industry No Longer Discovering Oil, Only Growing Through M&A
Long Term Consequences Of The Oil Price Crash
The World Energy Investment study released by the IEA on September 14 confirmed what analysts have been prophesying for months: the current decline in oil-and-gas investment is the biggest one in half a century. The current bout of low prices has gotten so deep and remained there for so long that capital investment in new projects, and hence new production, has taken a major hit.
EU's ex-Soviet nuclear reactors' decommissioning over-budget and behind schedule
Still another example of the impending nuclear-power disaster to be unleashed on the world. Too cheap to meter! -- RF
Did The World's Biggest Oil Company Boost Its Reserves Artificially?
Puerto Rico Hit With Widespread Blackouts After Lines Go Down
Puerto Rico Blackout Enters Second Day - Entire Island Of 3.5 Million People Without Power
Nigeria Sues Oil Majors Over $12.7 Billion In 'Stolen Oil'
Is This The End Of The Road For Indonesian Oil?
Why Oil Prices Can't Stay Low For Much Longer
Total says to cut costs by a further $1 bln

## Got food? ##
Promises Unmet as Thailand Tries to Reform Shrimp Industry
Blue Bell announces ice cream recall for possible listeria contamination
Bakers Unite As Increasing Number Of Poor Greeks Can't Even Afford A Loaf Of Bread
The Great Depression diet: Spicy was out and bland was in

## Environment/health ##
Tardigrade Protein: Water Bears Provide Clue To Prevent Radiation Damage To Human DNA
Smoking Leaves Permanent 'Footprint' On Human DNA, Study Finds
Study: Wearable technology may not help you lose weight
Mexico police raid sawmills near monarch butterfly refuge
Exxon agrees to pay $12 million for Yellowstone River spill
Nestle can keep piping water from national forest, despite outdated permit
The decision is a major blow for environmental groups that sued to stop Nestle from siphoning water out of public lands then sell it back to the public as bottled water.
Mylan CEO infuriates lawmakers at hearing on EpiPen costs
Pesticide Companies' Own Secret Tests Showed Their Products Harm Bees: Report
The Solidarity Grows: Over 1,200 Historians, Archaeologists, Museum Directors Denounce DAPL
Evidence of well water contamination in Eagle Ford Shale region
US military stresses climate security risks

## Intelligence/security/internet/cyberwar ##
Researchers: Canadian Firm Helping Bahrain Censor the Web
You Won't Believe All the Personal Data Facebook Has Collected on You
White House Contractor's Leaked Email Reveals Secret Service Plans, Michelle Obama Passport
Yahoo Says 'State-Sponsored Actor' Hacked 500M Accounts
YouTube announces crowdsourced censorship
US Govt Just Legalized Operation Mockingbird — FBI Can Now Impersonate the Media
Oversight Committee votes to hold Clinton IT aide in contempt of Congress
'Array of Things' collects facial biometrics and license plates images

## Propaganda/censorship ##
WPost Wants a Bigger War in Syria
The neocon Washington Post wants an even bigger U.S. military intervention in Syria, ignoring the tenets of international law and assuming that more bombing will somehow make things better.

## Systemic breakdown/collapse/unsustainability ##
Violence-plagued Chicago plans to hire nearly 1,000 more cops
The Three Stages of Empire
Rolling Blackouts Cause Panic Among Top Cities Affected by Power Outages: Study
NYPD fields more suspicious package calls
'Suspicious' duffel bag outside L.A. federal building prompts bomb squad, street closures
Novel envisions American economic apocalypse
Haven't read this, but I can see from the article that the author definitely got some things wrong. For example, no wall would be built along the Mexico-US border because neither country would have the money to do it. Hardly anyone would be left living in New York (or any other cities) because all public services would collapse, so the idea of the family living in an apartment is unrealistic — there wouldn't be any water, electricity, or sewer service, thereby rendering apartment buildings uninhabitable. Of course there will be an economic apocalypse, so this might be a good primer for people who haven't given the matter any thought. -- RF
Living In A Van Down By The River – Time To Face The True State Of The Middle Class In America
Why the Coming Wave of Defaults Will Be Devastating
Without the stimulus of ever-rising credit, the global economy craters in a self-reinforcing cycle of defaults, deleveraging and collapsing debt-based consumption.
But don't look for a recovery and lots of new growth after the bust. Net energy decline will continue to constrain economic activity to an increasing degree, and guarantees a downhill economic slide for a long time to come. -- RF

## Japan ##
Target Zero a "Commitment to be Irresponsible": Latest Insanity from Bank of Japan
Signs Are Building That the BOJ Is Reaching Its 'Endgame'
Abe: Japan's shrinking population not burden but incentive
Prime Minister Shinzo Abe said Japan's aging, shrinking population was not a burden, but an incentive to boost productivity through innovations like robots, wireless sensors and Artificial Intelligence.
My crystal ball sees a lot of bitter disappointment ahead. -- RF
Japan to scrap troubled ¥1 trillion Monju fast-breeder reactor
US fighter crashes off Okinawa
Abe meets Iranian president in New York
Cows in Fukushima radiation zone find new purpose: science
Japan's New Framework of Hyperinflationary Failure
A conduit to China, Japan dodges pressure to ban ivory sales

## China ##
Fitch reveals the $2trillion black hole in China's economy that heralds a lost decade
Metals Producer Is China's First State-Owned Company To Liquidate In Bankruptcy
China's coal output drops 10.2%
Postal Bank IPO to be the world's biggest
Nanjing land lottery a first for China's soaring property market
China's surging private debt sparking concern
Top China steel mills to merge amid excess capacity
Just do it: Chinese city tells cadres to set example and have second child
China opens first national gene bank, aiming to house hundreds of millions of samples
New $100 million traffic overpass in Zhengzhou increases congestion instead of reducing it

## UK ##
Councils 'building up dangerous levels of debt and risk by investing in commercial ventures'
MI6 chief warns Isil terror threat will last a lifetime as agency hires 1,000 more spies
NHS out-of-hours services being run without a single doctor with some turning to refugee medics to plug GP shortage
Sadiq Khan: London mayor says terror attacks 'part and parcel' of living in a major city
Young Britons living in 'suspended adulthood', research finds
Of 4,000 18 to 30 year-olds, the No Country for Young Women study found that 43% of those polled still live at home and a quarter had to move back in with their parents because they couldn't afford to live independently. As much as 56% of them said they would consider moving abroad for work.

## US ##
Fed's National Activity Indicator Average In Contraction For 19th Month - Worst Non-Recessionary Streak In 49 Years
Daily Data Dive: What Housing Recovery? SF Starts Still 15% Below 1991 Recession Level
Report: 'Erin Brockovich' toxin chromium-6 found in drinking water
More than 200 million Americans drink water containing potentially dangerous amounts of a carcinogen made famous by environmental activist Erin Brockovich, according to a report released this week.
Recession Watch: US Freight Drops to Worst Level since 2010, "Excess of Capacity" Crushes Rates
Gallup CEO says middle class is disappearing
'Dangerous' trendline of banks getting too big to manage, Sen. Vitter says
Amount hoarded overseas by U.S. companies hits new record in 2015
Video Shows Terence Crutcher Was Not Reaching Into Car When Shot, Lawyer Says
Looking for a New Home? The Average Cost of a Loan Just Hit a Three-Month High
New Report Proves What We Already Knew – The U.S. Economy Sucks
Chelsea Bombing Suspect Investigated By FBI Two Years Ago, Turned In By Father
The Obama Legacy: It's No Crime For Corporations To Steal From the Public, or the Poor
Wage gap between white and black Americans is worse today than in 1979
The Daily Data Dive: Another Way of Looking at Household Income Shows Virtually No Gain
How The "Birther" Story Was Birthed By Clinton Aide, Sidney Blumenthal—Chapter And Verse
Tulsa officer who fatally shot Terence Crutcher charged with first-degree manslaughter
America Is Not the Greatest Country on Earth. It's No. 28
In Dramatic Twist, Wells Fargo Said To Retaliate, Fire Whistleblowers Who Exposed Bank's Illegal Practices
Charlotte Police Chief Refuses to Release Dashcam Video of Officer Killing Keith Scott

## The candidates ##
Wall Street Goes "All In" for Hillary Clinton
Troops prefer Trump and even Johnson over Clinton: New poll
Trump praises controversial 'stop-and-frisk' police tactic
The Clinton Foundation Is Reportedly Laying Off Dozens of People
US-EU Trade War Looms (Don't Just Blame Trump); Spotlight on Hillary's Global "Trade Prosecutor"
If you think Hillary scores better than Trump on trade issues, you are mistaken. They are equally bad.
Trump praises 'stop-and-frisk' police tactic
Clinton's eyes — a window into her health issues
Dangerous Denial of Global Warming
Direct and indirect dangers from global warming are so grave that the issue should be near the top of the U.S. campaign agenda, instead of being downplayed or denied.


Tuesday, September 20, 2016

 

News Links, September 21, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Why Hanjin's Zombie Collapse Won't Be the Last One
All Hanjin Shipping chartered vessels to be returned to owner after unloading:Judge
Rise of the moonlighters: Why more Canadians are taking on side jobs and how to make it work for you
Lost Locomotive Leaves World Growth Struggling to Gain Speed
Will the Bank of Japan cause a Global Bond Tantrum?
S&P Cuts Nigeria Ratings As Low Oil Output Plagues Economy
Chinese Consider Home Prices "High and Hard to Accept," but Buying Frenzy Surges
The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
How Italy's Banking Woes Could Crush Already Faltering Domestic Demand
The ZIRP/NIRP Gods and their PhD Priesthood Have Failed
Is Deutsche Bank Cooking its Derivatives Book to Hide Huge Losses?

## War on cash/cashless society ##
Bitcoin is money, US judge says in case tied to JPMorgan hack
War on Cash Turns to $20, $50, and $100 Bills
War on Cash and Gold, and Is Chicago the Next to Declare Bankruptcy?

## Airline death spiral ##
Air rage Q&A: How bad is air rage and what can be done about it?
Air rage so bad cabin crew are 'like nightclub bouncers'
Angry Chinese couple protest on Beijing airport runway to stop plane after they arrive too late to board
An angry couple in China who knocked down airport staff after arriving too late to board their flight staged a protest on the runway to stop the aircraft from taking off, Chinese media reported.
Nigeria: 45 Nigerian Airlines Shut Down Operations in 35 Years
Long airport security lines may soon return, TSA warns
New policy to ban badly behaved passengers from all airlines
Indian airlines charge for meals, baggage to up profits

## Fault lines/flashpoints/powder kegs/military/war drums ##
Syrian Military Says US-Russian Brokered Cease-Fire Over
Syria Ceasefire Collapses in Wake of Weekend US Airstrikes
Syria, Russia Scramble to Retake Territory Lost to ISIS
U.S. military commanders are 'pissed off' about the mission creep in Syria
US Accuses Kremlin Of Lying, Says Russia Bombed Syrian Aid Convoy
Moscow Denies Russian, Syrian Planes Struck Aleppo Aid Convoy
International gathering again puts Syria no closer to peace
China-Russia naval drill ends with island-seizing mission
Are the Saudis Using U.S. Supplied White Phosphorous in Yemen?
America's Worldwide Impunity
The mainstream U.S. media is treating the U.S.-led airstrike that killed scores of Syrian troops as an unfortunate boo-boo, ignoring that the U.S. and its allies have no legal right to operate in Syria at all.
China, US to step up cooperation to halt North Korea's nuclear weapons programme
US Preparing For North Korea War? After Nuclear Tests, B-1B Lancer Bombers Planes Sent To Protect Seoul
Venezuela Says US Plane Violated Airspace
Washington's Hawks Push New Cold War
As a fragile and partial cease-fire in Syria totters, the back story is the political warfare in Washington where powerful hawks seek to escalate both the war in Syria and the New Cold War with Russia.

## Migrants/refugees ##
UN General Assembly Summit Hopes To Tackle Refugee Crisis
Roma Gypsies Flee to California After Europe Turns More Hostile
Theresa May tells world leaders they have a 'duty' to block mass-migration
Missing Ingredient to Solving the Refugee Crisis: Common Sense
Soros Is "Investing" $500 Million In Europe's Refugees And Migrants: He Explains Why
Thousands Flee Greek Migrant Camp Fire As Tensions Flare
Austria Lays Groundwork For Hungarian Border Fence

## Global unrest/mob rule/angry people/torches and pitchforks ##
More kneeling players, raised fists, in anthem protests
Tunisia water shortages spark 'thirst uprising' warning
Halt to Dakota Pipeline Is Part of International Resistance to Water Threats
Protests held across Japan one year after security laws' passage

## Energy/resources ##
An Imminent Threat For Oil Prices? DUC Count: 5031 And Counting
Mothballing the World's Fanciest Oil Rigs Is a Massive Gamble
Another major sign of oil industry decline. Advocates of renewables will rejoice, but this means a further notch down for the industrial economy — and a notch that cannot be recovered by renewables. -- RF
Philippines May Suspend At Least 10 More Mines Under Crackdown
The Philippines could suspend at least 10 more mines under an environmental crackdown on the sector, the minister in charge of mining said, in a move that threatens to halt the operations of half the mines in the world's top supplier of nickel ore.
Shifting Strategies: Big Oil Looking At Low-Cost Fields
Oil supermajors have come to realize that shrunk capex plans will make their exploration efforts profitable in lower-cost, lower-risk areas, and have changed drilling tactics to the 'less is more' philosophy.
Oil Investment Crash Could Continue For Another Year
Is U.S. Shale Nearing Collapse?
Solar scale-up in Pakistan hits roadblock after payments slashed
The Electric Car Boom Is In Jeopardy: "Need The World's Entire Lithium Supply Annually To Meet Demand"
Even if there were plenty of lithium, the idea that we are going to replace the world's fleet of automobiles with EVs and keep on truckin' is incredibly naive. -- RF
Australian coal industry records large losses, experts advise against investing super funds in the industry
Goldman Sachs: Big Oil Was Never That Big A Money-Maker
No surprise considering the rise in capex requirements. The oil industry's situation grows more serious by the day, which is a harbinger of ill for industrial civilization. Contrary to expectations, renewables will not pick up the slack. -- RF
Can Reusing Spent Nuclear Fuel Solve Our Energy Problems?
Norway sees oil production drop of almost 10%
Petrobras Cuts Spending, Raises Asset Sales Goal In 5-Year Plan

## Got food? ##
Monsanto and Bayer: food and agriculture just took a turn for the worse
Bayer's $66 billion takeover of Monsanto represents another big click on the ratchet of corporate power over farming and food. With the 'big six' of global agribusiness now set to turn into the 'even bigger three', farmers and consumers are facing more GMOs and pesticides, less choice, and deeper price gouging. Agroecology has never looked more attractive.
As the industrial system collapses, industrial agriculture will of course collapse along with it, but will it happen soon enough? Although pesticides will eventually degrade and disappear, GMOs released into the environment are here to stay, and no one knows the ultimate consequences. -- RF
Kellogg recalls some Eggo waffles amid listeria fears

## Environment/health ##
Sea Level Rise Is Already Driving People From the Marshall Islands
Indonesia's Illegal Deforestation Fires Killed Over 100,000: Study
Illegal fires used to deforest land for palm oil and pulpwood plantations are raging again today
CDC: Too many antibiotics still being prescribed in U.S.
World deforestation: we're losing a forest the size of NYC every 2 days!
August is 16th consecutive month of record-breaking global heat
Creative collapsing: a way to avoid the climate disaster

## Intelligence/security/internet/cyberwar ##
Why algorithm failure is no laughing matter
'It Looks Like You're Trying To Harvest Cell Phone Data...:' Quick-Start Guides For IMSI Catchers Leaked
Bald eagles trained to snatch hostile drones
Dear FBI, This Is Intent: Hillary's "Oh Sh*t" Guy Sought Reddit Advice On How To "Strip VIP's Emails"
House Committee Demands Interview With "Oh Sh*t" Guy By Friday At Noon Over Reddit Thread
FBI Director Says He Covers His Webcam — and That You Should Too
How China's Cyberspace Administration Works
Chinese company hacks Tesla car remotely
Will The Washington Post Give Back Its Pulitzer And Stand Trial With Snowden?
Italy Proposes Law To Make Mocking People Online Illegal
Bad vibrations: Your sex toy may be collecting information about you
Why you may not want all of your devices to be 'smart'
It's one person's word against another on the birther rumor
FBI Lies Again: NYC Bomber Was On FBI "Radar" After All

## Propaganda/censorship ##
Information or Disinformation? Only 32 Percent of Americans Trust the Media
Bloomberg Reporter Asks Clinton If She Thinks Recent Terror Attacks Could Be Russian Plot to Help Trump
Look who's lying: House Intelligence Committee's List Of 'Snowden's Lies' Almost Entirely False
Where's the "intelligence"? The House Intelligence Committee's Terrible, Horrible, Very Bad Snowden Report
Western Media Credibility In Free Fall Collapse
5.2% income gain? The Biggest Washington Whopper Yet

## Systemic breakdown/collapse/unsustainability ##
Dallas has a stray dog problem — about 9,000 of them. And some killed a woman
On multiple occasions I have forecast that as big cities deteriorate due to collapse, they will come to be ruled by gangs and packs of feral dogs. Here you can see it happening already. -- RF
What really causes falling productivity growth — an energy-based explanation
As I've said a number of times, the global economy suffers from an energy problem, not a money problem, and this post deals specifically with that. Clearly, net energy decline is the major underlying factor, and renewables aren't going to help. -- RF
The 'Emerging Art Bubble' Has Burst
WHY IT MATTERS: Infrastructure

## Japan ##
'Children's Cafeterias' Combat Poverty, Neglect in Japan
Japan on verge of scrapping Monju FBR
Protests held across Japan one year after security laws' passage
Japanese companies issue record amount of debt to secure cheap funds
Japan steelmakers suffer as China squeezes coal industry, sending fuel price soaring above $200
Typhoon rain raises tainted Fukushima plant groundwater to near surface

## China ##
China's Maritime Militia – Time to Call them Out?
China's Air Force to Start Flying Into the Pacific
Global banking watchdog warns over Chinese banks
Face recognition technology to block children from internet cafes
China Relies On Property Bubbles To Prop Up GDP
China's Debt May Be Reaching Critical Levels
Chinese Home Prices Jump Most On Record: "The Numbers Are Hard To Believe"
Fourth locally transmitted case of dengue fever this year confirmed in patient from Wong Tai Sin (HK)
China's Red Ponzi Was Built On The Biggest Dollar Short Ever
China continues to unload US debt 'for yuan's SDR entry'

## UK ##
Black Lives Matter Emerges as Controversial Force in the U.K.
Shop openings slump as big UK retailers scale back expansion plans
British aircraft took part in air strike that killed dozens of Syrian soldiers, Ministry of Defence confirms
Cholera to return to Britain as warming seas push deadly bugs north
Lights out! More streetlights turned off in Lincolnshire
Arrival of Asian hornets to UK mainland poses 'huge' threat to honeybees
Tony Blair announces he is closing down his business empire
Neo Nazis in Glasgow set up 'whites-only' soup kitchen
The UK's first food waste supermarket opens: in pictures
The food is priced on a pay as you feel basis and has already helped desperate families to feed their children

## US ##
Fun with Fake Statistics: The 5% "Increase" in Median Household Income Is Pure Illusion
Device explodes near N.J. train station as robot tries to disarm it
The number of new businesses in the US is collapsing — and that's disastrous news for the economy
The Obamacare Death Spiral—-Health Exchanges Languish As Insurers Flee
"Panic Gasoline Buying" In Southeast Leads To "Massive Lines", Gas Shortages, Price Gouging
Police fatally shot an unarmed black man in Oklahoma after his SUV stalled on the way home from class
The Debate Is Over: Banking Has Become a Criminal Enterprise in the U.S.
Port of LA/Long Beach Import Containers Down 4.3% Y/Y, Implying Weak Holiday Outlook Among Retailers
Chart Of The Day: 52% Of New Jobs Since June 2009 Are Due To The BLS "Birther" Theory
Trend in 3rd Quarter GDP Estimates Unmistakably Lower
Microsoft raises dividend, plans $40 billion share buyback
Dallas Police Pension On Verge Of Collapse As Record Number Of Cops Seek Full Withdrawals
Retirement Crisis Looms As Average U.S. Household Has Saved $2,500 For Retirement

## The candidates ##
'I've Never Seen Anything Like This' – Donald Trump Raises Huge Sums From Small Donors
Clinton Losing Millennial Support Nationally and in Key States
Trump says 'profiling' might be needed to fight terrorism
Are US Presidential Debates Worthless — or Less?
The U.S. news networks are building up the suspense for the first presidential debate between Hillary Clinton and Donald Trump, but odds are it will be another hyped-up TV disgrace.
Ralph Nader: Calling a Third-Party Candidate a Spoiler Is the Same as Saying 'Shut Up'
Imperial hubris: More Troubling Evidence That Hillary Clinton Will Start WW3 – Part 2
Trump spent charity's money on his legal bills: report
With Trump Regaining North Carolina Lead, Hillary Unexpectedly Postpones Local Fundraiser "Without Reason"

And finally...
Kung fu master throws playing cards to slice open beer cans


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