Tuesday, November 29, 2011
Wednesday, November 23, 2011
Tuesday, November 22, 2011
What's six miles wide and can end civilization in an instant? An asteroid - and there are lots of them out there. With humor and great visuals, Phil Plait enthralls the TEDxBoulder audience with all the ways asteroids can kill, and what we must do to avoid them.
|UPCOMING CLOSE APPROACHES TO EARTH|
1 LD = Lunar Distance = ~384,000 kilometers
* Diameter estimates based on the object's absolute magnitude.
Washington's chronic overspending is just like a junkie's addiction to drugs. Unless the cycle of addiction is broken, our economic and unemployment situation will continue to suffer. Washington is out of time. To avoid hitting rock bottom, Washington must cut spending today. To spread this message, Washington Could Learn a Lot has created this video. Learn more at washingtoncouldlearnalot.com.
Update: Now, our economic situation has deteriorated even further. We are now approaching $15 trillion in debt and Congress has raised the debt ceiling 11 times in the past ten years.
Washington Could Learn a Lot is a project of Public Notice Research & Education Fund (PNREF). PNREF is an independent non-profit dedicated to educating the American people about economic policy and the principles of economic freedom.
Through our education and awareness projects, PNREF will explore the future consequences of public policies being enacted today.
Monday, November 21, 2011
"There is a secondary level of exposure that is potentially more worrying -- through international banks lending to each other. Here the greatest risk stems from Italy and France. International bank claims on Italy total $939 billion, and French banks account for well over one-third of that, BIS data show... If Italian debt slumps even further, causing deeper losses for French banks, international banks could stop lending to France. The losses would ripple through the whole global financial system"
"While the Treasury has been at pains to say that direct U.S. bank exposure to European countries now receiving bailout aid -- Greece, Ireland and Portugal -- is moderate, once the debt of Italy and Spain, plus credit default swaps, and U.S. bank indirect exposure through European banks are added, the potential sum could exceed $4 trillion."
Read More: Expect A Global Recession No Matters What Happens In The Euro Zone
Saturday, November 19, 2011
September 2011: Beginning of the loss of confidence by foreign central banks with respect to US Treasury. Trends in foreign central bank transactions concerning US Treasury and agency holdings (2000-2011.) In brown: monthly increases. Green line: above, central banks are buying; below, they are selling Treasury bonds - Source: CaseyResearch, 10/2011.
Read more: Global systemic crisis: 30,000 billion US dollars in ghost assets will disappear by early 2013 / The crisis enters a phase of widespread discounting of Western public debt
Here You Go: It's Over
Cookbook author (and geek) Nathan Myhrvold talks about his magisterial work, "Modernist Cuisine" -- and shares the secret of its cool photographic illustrations, which show cross-sections of food in the very act of being cooked.
Modernist Cuisine: The Art and Science of Cooking
Larousse Gastronomique: The World's Greatest Culinary Encyclopedia, Completely Revised and Updated
On Cooking: A Textbook of Culinary Fundamentals (5th Edition)
Jacques Pepin's Complete Techniques
Thursday, November 17, 2011
Sovereign debt and USA debt are at their tipping points. They are all sacking the rulers left with the Gold. The writing is on the wall. Paper or an eternity of Gold currency history. You choose.