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Category Archive for 'Disastrous'

Myanmar Relief

Please give. Their country is completely overwhelmed, with 22,000 dead.

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More of that great Republican leadership we admire:
WASHINGTON — As the farm economy collapsed in the 1980s, the U.S. Department of Agriculture was saddled with mountains of surplus cheese, corn and other foods that it socked away in warehouses and even caves.
As recently as 2003, the USDA had to buy so much powdered milk to […]

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People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
- Adam Smith, The Wealth of Nations
John Maxwell from the Jamaica Observer on where the world financial system has now focused their “expertise”:
The food supplies of […]

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Rumbles

Reno urged to prepare for the worst:
RENO, Nev. (AP) — Scientists urged residents of northern Nevada’s largest city to prepare for a bigger event as the area continued rumbling Saturday after the largest earthquake in a two-month-long series of temblors.
More than 100 aftershocks were recorded on the western edge of the city after a magnitude […]

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Yes, because the Fed’s done such a great job keeping us out of situations like this:
Today, the Federal Reserve is expected to further cut the federal-funds rate, charged on overnight loans between banks, by between a half percentage point and a full point. The Fed hopes that cheaper credit will stimulate business activity and aid […]

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James Kunstler, author of “The Long Emergency”, has some controversial recommendations and predictions:
Here’s what we better start doing.
Stop all highway-building altogether. Instead, direct public money into repairing railroad rights-of-way. Put together public-private partnerships for running passenger rail between American cities and towns in between. If Amtrak is unacceptable, get rid of it and set up […]

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