12 July 2008

Weekly News Articles Review

For the week of 6 to 12 July, here are some news articles that captured my attention and some brief observations concerning the articles. With the increased workload I now have, the opportunities to post on this blog are somewhat limited until further notice. I will collect news articles that catch my interest and put them into this summary about once a week instead of making daily individual posts. When September gets here, I may have more time to make posts; but until then, my workweek will be often in excess of 50 hours and will leave me fatigued and with limited focus to do the detailed work I have come to accomplish in the prior six months history of this blog.

A. California New Vehicles to be Labeled with Green Score

Hopefully this is the start of a significant trend, and vehicle advertising nationwide will include these scores to increase purchases of more environmentally responsible motor vehicles.

http://www.greenbiz.com/news/2008/07/07/cars-california-global-warming-score

*****

B. Albert Einstein on Socialism

The esteemed scientific genius makes a detailed and strong argument in favor of socialism over capitalism, and the experiences seen in recent years here in the US makes the case all that much stronger. The American model of capitalism is broken and utterly bankrupt in many ways.

http://www.opednews.com/articles/1/Why-Socialism--by-Albert-E-by-Albert-Einstein-080703-354.html

*****

C. The Truth or an Excuse

This essay tries to explain why solutions are so elusive to the problems and challenges in many places in the American West is due to a mindset of yesteryear that is often still prevalent among many leaders and policy implimenters. I agree, but decide for yourself.

http://www.denverpost.com/opinion/ci_9781110

*****

D. The Obamacon Syndrome

It is interesting to see support for Obama coming from such an unlikely group of supporters, but the numbers will probably be rather small relative to those whom will support McCain or perhaps even Barr.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/07/07/MN3T11JI0P.DTL

*****

E. Chomsky on Bush-Cheney and their Iraq War

The esteemed professor's insights and observations are dead-on about the Iraq War and the reasons for the Bush - Cheney plans for the Middle East: It was all about the oil and the big money for them and their greedy cronies. And most of us with any kind of consciousness and intellectual insight pretty much knew this already and have since before the saber rattling began.

http://www.kycbs.net/Oil-Stupid.htm

*****

F. Zogby Outlook on Each State's Electoral Vote Outcome

All things remaining at least somewhat equal, it appears Obama is headed for a better than 2-1 win in electoral votes come November. But it is only mid July, after all...

http://www.zogby.com/50state/

*****

G. Antarctic Wilkins Ice Shelf Nears Collapse

It was only a few years ago scientists believed this ice shelf would not be in danger of collapse until around 2075, maybe mid century at the earliest. Now it appears it could occur as soon as next winter (summer in the Southern Hemisphere). This Ireland-sized mass of ice will cause some rise in sealevels in a few years, perhaps as much as an inch or two. The big concern now has to be the status of the massive West Antarctic iceshelf. This half-continent sized mass should collapse within a decade which would really lead to sealevel increases of perhaps six inches.

http://www.msnbc.msn.com/id/23797247/

http://www.breitbart.com/article.php?id=080710175751.a4ni0j9h&show_article=1

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H. America's Economic Crash Underway

The last two weeks have seen an intensification in the economic decline currently underway in the US. The stock market has tanked, energy prices continue to rise, and other key economic indicators continue to be strongly negative. Do not expect much different in the coming weeks and months. Most insiders and those with an understanding of the situation believe the worst is yet to come. Before September ends, look for the Dow to drop to near 9000 and probably below; the dollar to sink to past $1.65 against the Euro; oil prices to exceed $170 per barrel; unemployment to go past 7 % ( and in reality 15 % instead of those deceitful official numbers); many more foreclosures nationally; increased instances of bank failures; and inflation to continue to impact all goods and many services throughout the economy. Its going to be a hard hold long cold autumn and winter across the US for most of its citizens, and the new Obama administration will have its hands full trying to stop and reverse the downward trend in '09.

http://articles.moneycentral.msn.com/Investing/StockInvestingTrading/americaonthedecline_article.aspx?GT1=33011

*****

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