13 January 2010

THR 14 January News Articles & Opinion

The day's news articles and columns which were of interest to this writer follow.


Doomsday Clock to Move Closer to or Farther from Midnight

The abject real failure to make any progress on addressing global warming and climate in Copenhagen in December has spurred the decison to make this move. The closest it has been to midnight since this was started by scientists in 1947 was :02 'til in 1953 and :03 'til in 1954. Currently it sits at :05 'til after getting as far back as :17 'til in 1991. Up to now, all decisions concerning the clock's movements concerned nuclear weapons and the arm race.

http://www.dailymail.co.uk/sciencetech/article-1242823/Doomsday-clock-moved-worlds-scientists-today.html

http://www.turnbacktheclock.org./

http://en.wikipedia.org/wiki/Doomsday_Clock

http://en.wikipedia.org/wiki/Risks_to_civilization,_humans_and_planet_Earth

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GDP Outlook Long Range Looks Very Poor at Best

The finding strongly point out that GDP will be anywhere from four to nine percentage points less each year over the next decade due to the economic collapse. The ramifications of this are most directly a gigantic amount of fewer jobs over the next decade.

http://business.theatlantic.com/2010/01/scariest_chart_of_the_day.php

http://seekingalpha.com/article/182072-here-comes-the-double-dip-recession

http://seekingalpha.com/article/182477-4-economic-scenarios-you-d-better-hope-won-t-materialize

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Musings on Reversing the Great American Decline

For some, optimism is eternal, as is living in fantasyland.

http://www.theatlantic.com/doc/print/201001/american-decline

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The Evil and Greed of Wall Street and Mega Banks Must Be Addressed

The Obama Administration must somehow accomplish some regulatory and punitive measures toward these corporations and their executives and management for their heinous and criminal behaviors and acts in spite of Congress and the many lackeys in those bodies who seemingly work exclusively for banks, corporations, and Wall Street "investors", a.k.a., GAMBLERS.

http://robertreich.org/post/331917854/why-obama-must-take-on-wall-street

http://www.bloomberg.com/apps/news?pid=20601070&sid=adKOoaB7QKwU

http://www.washingtonsblog.com/2010/01/if-government-wont-break-up-giant-banks.html

http://www.alternet.org/workplace/145153/why_can%27t_we_get_anyone_to_ask_a_wall_st._ceo_the_hard_questions/?page=entire

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Recommended Poignant Book

http://www.alternet.org/story/145152/empire_of_illusion%3A_why_millions_of_fans_get_their_dose_of_%27real_life%27_from_pro-wrestling_on_tv?page=entire

http://www.nationbooks.org/book/192/Empire%20of%20Illusion

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Looking Deeper into the Growing Grim Unemployment Numbers

http://www.mybudget360.com/the-capture-of-our-government-by-wall-street-a-70-percent-stock-market-rally-lines-up-with-an-additional-27-million-jobs-lost-since-march-of-2009-how-wall-street-reflects-the-interest-of-the-corp/

http://globaleconomicanalysis.blogspot.com/2010/01/swiss-cheese-recovery-more-holes-than.html

http://abcnews.go.com/Business/wireStory?id=9527995

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Foreclosures Numbers Frightening, Worsening

An expected increase of at least 15 - 25 % in these numbers for the year 2010 is going to occur.

http://www.calculatedriskblog.com/2010/01/realtytrac-2009-was-record-year-for.html

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