From Jenna Orkin et al.
"German Chancellor Angela Merkel told other EU leaders that the euro must be defended as a political project."
Politics is a continuation of economics by other means. Economics is a continuation of energy by other means. Things break down not up. The EU is doomed. And this umpteenth attempt at a "plan" reminds me of another great line: "If you don't tell a lie, you don't have to remember what you said." Who can keep track of this crap? The time will come soon when the leader of a major world power will admit to global collapse and its inevitability. At that moment we will have a window to really change as much as we can. I hope it comes soon.-- MCR
Khamenei hails 'Islamic' uprisings
"Iranian supreme leader urges Egyptians to follow in the footsteps of Iran's 1979 revolution."
They are not Islamic uprisings you old windbag. They're generational uprisings. -- MCR
"CAIRO (Reuters) - Beyond the barricades, beyond the sniping from the edges by people acting on behalf of President Hosni Mubarak, a new, festive and diverse slice of Egypt has suddenly appeared in the heart of the capital Cairo.
"Tahrir Square has free food and drinks, a bandstand with live music, dedicated medical staff and a sense of community which Mubarak's opponents say makes them proud of their country for the first time in decades."
I love this! -- MCR
The longer he holds out, the more Washington and Tel Aviv will panic. Iran will try to foment an Islamic revolution and the USG knows it. I also suspect it quite probable that no country will take him which leaves only one option for his departure. With the crisis unresolved, the poor around the world can smell opportunity. It may sound callous but I kind of wish that Irish or American youth would go up now too so that the world might better understand what the real issue is. American youth are closer to it than most suspect, I think. -- MCR
US Economy 'Heading for a Wall' - David Stockman
The only news here is the prominence of the report. - JO
Talking out of both sides of his mouth. -- MCR
And his ass. -- MCR
"Official wants claims of harm to first nuclear power station investigated after warnings over 'new Chernobyl'"
I don't think the contagion can be stopped now. -- MCR
Japan is almost a carcass which Russia and China are already plucking. – MCR
China's probing everywhere, looking for openings... positions of advantage. -- MCR
Then find an immortal who needs them. - JO
Should be headline news. -- MCR
Richard Duncan, Ph.D. called this oh-so right. It is the blackouts, which are becoming permanent (as with street lights being shut off), that mark the end of industrial civilization. That's because civilization runs on electricity when it isn't driving its cars. -- MCR
It seems highly unlikely now that such a consumption increase will be realized. -- RF
The Price Crisis: A Special Report (on the high price of tires)
We're going to miss a lot of things. And if the worst thing we'll miss is oysters (I love em) we got off real easy. -- MCR
BP "Worked Hand in Glove with [the Mubarak] Dictatorship"
Natural gas shortage cuts heat for 25,000 (New Mexico)
"Some 25,000 New Mexicans were without natural gas after a freeze in west Texas led to rolling power outages that interrupted electricity to natural-gas compressor stations."
Here we can see how the power shortage in Texas cascaded into a natural gas shortage in other states. Everything is connected. When the power goes out, so does everything else. -- RF