Thursday, May 6, 2010

News, Links of the Day, Coming Third World War, BioWar, Global Depression

Powerful prayer to St. Michael the Archangel - video ~ link

Lord Stirling's news blog EUROPE

British Election Results: It appears that the Conservative Party, the Tories, have "won" the election. While there will be a 'hung parliament', that is the Tories will not have an absolute majority, if they have the 305 MPs that the BBC polling indicates, then they will in effect have sufficient numbers to form a government and not have to enter a coalition with another party (such as the Liberal Democrats) to govern. However, the way the British Constitution works is that the Prime Minister remains PM until and unless he either resigns or cannot maintain effective control over the House of Commons and present the Queen's Speech to the Queen for her reading in Parliament. It would be possible for Labour and the Liberal Democrats to combine in a coalition government, for at least some time. If they were to do so, they would have more votes in the Commons then the Tories but still not a clear majority. This would leave Gordon Brown in No. 10 Downing Street in spite of coming in second to the Conservatives. Of course, the Tories could offer the LibDems more in a coalition government than Labour. This makes Nick Clegg the 'kingmaker'. Look for a coalition government with the Liberal Democrats having a major role and an agreement to legislate changes to election laws that the LibDems want so badly. The Prime Minister could be either Cameron or Brown, Nick Clegg could be Deputy Prime Minister or hold some other high Cabinet post.

Leaders' faces and exit poll

Latest figures show 305 for Conservatives, 255 for Labour, 61 for Liberal Democrats, and 29 for 'Others'.

UK election results 2010 - live BBC coverage ~ link

The Scotsman newspaper coverage ~ link

The Guardian newspaper coverage ~ link

The Independent newspaper coverage - Full UK interactive results map ~ link

The Telegraph newspaper coverage ~ link

Quote from the Governor of Florida: "Envision sort of an underground volcano of oil and it keeps spewing over 200,000 gallons every single day, if not more". Now it appears that this undersea oil volcano could become a super-volcano pumping out over 2 million gallons of crude oil per day. That would become a threat to all life on this entire planet in a matter of three months, the time that BP and the US Government estimates it will take to drill a second will to 'plug' the first. - Stirling

Ship with containment box (the 'funnel') at US oil spill site ~ link ~
It's never been tried before, but crews hope to lower a 100-tonne concrete-and-steel box a mile under the Gulf of Mexico today to cut off most of the hundreds of thousands of gallons of oil spewing from a blown-out well.

If it works, the system could collect as much as 85 per cent of the oil that's been leaking from the ocean floor after the Deepwater Horizon rig exploded April 20, killing 11 workers.

It won't solve the problem altogether. Crews are drilling a relief well to take the pressure off the blown-out well at the site, and that could take up to three months. Other possible solutions are also in the works.

The Joe Griffin, the ship carrying the containment box that will be lowered to the seafloor, arrived this morning at the leak site about 50 miles offshore.

Workers hope to have the device down at the seabed by this evening, but it will likely be Sunday or Monday before it's fully operational and they know if it's working.

The crew won't have to worry about dealing with the wreckage of the Deepwater Horizon, which sank two days after the explosion. It's not anywhere near where they're working.

The waters were calm today with some clouds in the sky, though visibility was good. Roughly a dozen other ships either surrounded the site or could be seen in the distance. Thick, tar-like oil with a pungent scent surrounded the boat as far as the eye could see.

Another BP-chartered boat will use a crane to lower the box — something that has never been tried before at such depths. BP spokesman Bill Salvin said the drop is expected at about 1pm today.

Leaked Confidential Report on the Disaster in the Gulf of Mexico: Deepwater Oil Well Could Become Unchecked Gusher ~ link ~ 'The following is not public' document states

A confidential government report on the unfolding spill disaster in the Gulf makes clear the Coast Guard now fears the well could become an unchecked gusher shooting millions of gallons of oil per day into the Gulf.

"The following is not public," reads the National Oceanic and Atmospheric Administration's Emergency Response document dated April 28. "Two additional release points were found today in the tangled riser. If the riser pipe deteriorates further, the flow could become unchecked resulting in a release volume an order of magnitude higher than previously thought."

Asked Friday to comment on the document, NOAA spokesman Scott Smullen said that the additional leaks described were reported to the public late Wednesday night. Regarding the possibility of the spill becoming an order of magnitude larger, Smullen said, "I'm letting the document you have speak for itself."

In scientific circles, an order of magnitude means something is 10 times larger. In this case, an order of magnitude higher would mean the volume of oil coming from the well could be 10 times higher than the 5,000 barrels a day coming out now. That would mean 50,000 barrels a day, or 2.1 million gallons a day. It appears the new leaks mentioned in the Wednesday release are the leaks reported to the public late Wednesday night.

Greek Parliament votes in favor of austerity measures - with video ~ link ~ Greece is on the verge of a revolution, time will tell but it could get very interesting!

Members voted 172-121 to pass the bill, which includes tax rises and cuts in pensions and public sector bonuses.

Police used tear gas to disperse protestors who rallied outside.

Debt Crisis: Panic on Wall Street - Stonewalling in Europe ~ link ~ Wall Street was gripped by a fresh panic tonight as fears spread that the Greek debt crisis will trigger a new catastrophe for the fragile global banking system.

The chaos was compounded as one major bank was said to have made a big trading "error" by trying to sell a huge number of shares by mistake.

The blue-chip Dow Jones index briefly fell almost 1,000 points, or 9%, dipping below 10,000 points for the first time since early February, before halving its losses in the next 30 minutes. It closed 348 points, or 3.2%, lower at 10514.

The confusion over prices in a dramatic half-hour of trading will alarm regulators. One report said a bank's computer had attempted to sell $16bn of shares instead of $16m. An inquiry is inevitable.

Shares in Procter & Gamble – a blue-chip household name – fell from $62 to $39 in five minutes before rebounding.

Poverty and Social Implosion in the Wake of the Financial Bailout ~ link ~
More and more the people of Greece are waking up to the fact that the global banking cartel is robbing them big time - right now - and the people are getting very very angry. It will be most interesting if the people carry things to their logical conclusion and stage a full revolution against the global banksters and their bought-and-paid-for political class/whores!

“This is not our debt, but we are being made to pay for it,” said one angry Greek worker, explaining why he like thousands of other Greeks are taking to the streets in protest at their country’s bail-out plan.

The so-called rescue package of €110 billion ($143 billion) facilitated by the European Union and International Monetary Fund (IMF) is not just aimed at shoring up Greece from total economic collapse. At stake too is the solvency of several other Eurozone countries – Belgium, Ireland, Italy, Portugal and Spain – and even the euro currency itself.

But the Greek financial bail-out comes with an usurious price that will be paid for by ordinary working people, the unemployed, pensioners and the poor. In return for the €110 billion to stave off international investors and creditors, the Greek government knows full well that the quid pro quo is an all-out attack to slash wages, social welfare, pensions and public services.

The new euphemism for this broadside assault on people’s livelihoods is “fiscal consolidation”. And, as one commentator noted grimly in the Financial Times, “the consolidation will have to be co-ordinated”. In other words, what we are seeing in Greece is but the opening act of a much bigger theatre of class war to be waged on Europe, North America and elsewhere.

US Military Base in Japan: Source of Friction and Mistrust ~ link ~ The new Japanese government wants to get American military forces out of Japan. It has been 65 years since Japan was defeated by America and the Allied Powers. They want the 'occupation' by foreign military forces to end. They are also very concerned about being sucked into the coming global Third World War and want no part in it.

Japan and the U.S are dead-locked over the future of a key American military base. The issue has huge domestic and foreign policy implications for one of Washington's closest allies.

There’s something distinctly troubling about the U.S- Japan relationship these days. In any case the bi-lateral arrangement is in deep flux. Japan’s Prime Minister Yukio Hatayama may not be very popular in Washington. It appears he’s just not their man. Hatayama promised during his election campaign to "re-locate" one of the largest Pacific U.S marine-air bases , which is currently located on the island of Okinawa to an alternative site, preferably as far as Hatayama’s supporters are concerned out of Japan. If he is successful this would reconfigure America’s naval strength and air power in a not insignificant way. With the military rise of China and its own naval fleet challenging U.S dominance in the Strait of Taiwan and the "Yellow Sea" and elsewhere in the far-east, Washington is not keen on leaving the Nippon Islands soon. One of the proposed sites for the re-location is the U.S island of Guam.

Enter the possible backlash in America recently, against Japan’s largest car-maker Toyota. The U.S Congress has lambasted this "crown jewel" of Nippon industry (and humiliated its CEO during harsh hearings), by castigating the auto-maker for being nearly criminally negligent. And for delays, in reporting faulty parts which caused accidents in the U.S.

Massive recalls of some of the manufacturer’s flag-ship models and million dollar fines against the company were enacted. There is some speculation, ( perhaps undue) that the on-going tiff over the base be linked to the "Japan bashing" campaign on Capital Hill. The UFPPC’s Joe Thompson said he "can't help seeing a link between Toyota's worsening recall problem and the defiant Japanese stance in Okinawa." (Could Japan’s balking at Okinawa agreement be related to the Toyota recall? If this is the case, then the bi-lateral ties between the two strategic partners may sour even more in the days and weeks to come.


Anonymous said...

About the Oil Apocalypse:

The Balrog was found when the Dwarves of Moria "delved too greedily and too deep."

From "The Lord Of The Rings"

Homo Sapiens all in all is just a pathetic species.

Anonymous said...

Nearly every digital photocopier built since 2002 contains a hard drive - like the one on your personal computer - storing an image of every document copied, scanned, or emailed by the machine.