Wednesday, 02 May 2012 17:02

Unemployment Surges to Record; Spain Getting Destroyed

 

From Jenna Orkin, Rice Farmer and Robin Westenra 

 

Breaking News

This Is the First Time In History that All Central Banks Have Printed Money at the Same Time … And They’re Failing Miserably

Is it an example of: when you're in a hole, stop digging; you can't cure a drunk with a case of whiskey; or don't pee into the wind? - Wes

Total US Debt Soars To 101.5% Of GDP

Eurosis Is Back With A Bang: PMIs Collapse, Unemployment Surges To Record

May-Day, May-Day: Houston, We Have Global Unemployment

May Day: Protests & demonstrations worldwide on Workers' Day

The Entire Global Economy Depends On Collateral That Doesn't Exist

You mean "Hopium" isn't a resource that we can bank on? Sadly, it's not a strategy either... - Wes

SPAIN IS GETTING DESTROYED

Clashes in Oakland: Police use tear gas and batons against protesters (VIDEO, PHOTOS)

-- After checking around the world it's pretty clear that Occupy has not returned as before, or recaptured the momentum it held for a brief while. I'm certain that Occupy protest were more numerous and effective than mainstream media will acknowledge. But today's events weren't big enough to force the mainstream to see them. In general large demonstrations in NY and Oakland were met with overwhelming intimidation, or as in Cleveland, conveniently placed provocateurs posing as anarchists allegedly planning on blowing up a bridge with explosives conveniently rendered harmless in advance by the FBI. Sound familiar? And the foolish Occupiers in Cleveland cancelled their protest so as not to be linked to the violence... Suckers!

Occupy set many forces in motion, and blades of grass will still find their way through the sidewalk.  On the other hand, May Day brought out substantial numbers worldwide. -- MCR
 

Civil Unrest/Revolution

Re-Occupied: protest camp is back at St Paul's

Salafists Attack Police at Far-Right Rally

Occupy activists fear becoming Democratic 'pet'

May Day in Toronto: No bankers, borders, bosses or capitalism Special

After A Full Day Of Protests, Occupy Reached Liberty Square, And Some Protesters Don't Want To Leave

Occupy Oakland Got To Meet This Badass Armored Beast

Occupy Wall Street Completely Took Over Union Square In A Rally Thousands Of Protesters Strong

Occupy Wall Street Has Labeled These Three Restaurant Chains 'Super-Villains'

May Day unity on display: Hundreds of thousands rally worldwide (FESTIVE PHOTOS)

-- You see it doesn't matter whether you call it Occupy or May Day. What matters is hundreds of thousands, maybe millions, maybe hundreds of millions in the streets sharing a common vision and and common objective. You might call it Anonymous, but that name's already taken. -- MCR

Occupy May Day goes global

Occupy takes May Day protests to streets

NYPD, FBI Raid Occupy Wall Street Protesters' Homes In Anticipation Potentially Violent May Day

-- Pure, naked fascism. -- MCR

Europeans protest austerity at May Day rallies

Kuwait riot police disperse stateless protesters

Bahrain breaks up protests, faces calls to free prisoners

"Riot police firing tear gas and stun grenades routed protesters in Bahrain's capital on Tuesday as the government came under mounting international pressure to release jailed leaders of last year's uprising."

May Day In Chicago: Protesters Block Bank Of America Entrance, Rally Downtown

Stinging gas sends May Day protesters fleeing

 

Environment/Disasters

Floods fear as more rain forecast in 'wettest April'

Failure to boost flood defences exposed as 1,000 are evacuated

The lesson here is what we are preparing for at CollapseNet - we are on our own to deal the effects of climate change, and the dozen other converging crises. When either Mother Nature or man's arrogance causes the disaster, expect no bailouts from government anywhere. - Wes

Why are we still “in drought” after all this rain?  

Peru to investigate mass pelican die-off in dolphin death area

Mother Nature Mugs California's Diablo Canyon Nuclear Power Plant

Poisonous caterpillars could bring misery to millions of Olympic spectators

Asthma rates at record high, CDC says

 

Food/Water

Is Another Bout Of Global Food Inflation Just Around The Corner?

Yes. And if we have QE III, get ready for more global revolution as more commoners are priced out of eating. - WesC

annabis: Britain's growth industry

Scientists send open letter to anti-GM protesters pleading with them not to destroy 'years of work'

Guess What Drugs and Illegal Substances Are Showing Up in Chicken?

All Hail the Robotic Farmers and Pilots of the Future

A Washington Farm Has Been Fined $1 Million For Rehiring Illegal Immigrants It Had Fired, And Asking Them To Work Nights

Farmers face high costs when planting crops
 

Energy

Researchers break record for deep-sea drill depth

Another Energy Company Nationalized As Bolivia Follows In Argentina's Footsteps; More Pain For Spain

Solve Water Problems Or Forget Growth, India Told

 

Global Economy

UN Agency Slams European Austerity Measures

Something Really Bad Happened To The European Economy In April

The Effects Of Swiss Currency Manipulation Are Dire In Europe

Europe's Modern-Day Ghost Towns

Greece's Young and Bright Flee Crisis and Corruption

Bank of Spain Confirms Foreigners Dump Spanish Bonds; Spanish Banks Foolishly Load Up

Madness in Spain Lingers as Ireland Chases Recovery

AND NOW: The Brand New Spanish Youth Unemployment Number

51.1%

LIVE: THOUSANDS OF COMPANIES AROUND THE WORLD REVEAL THE STATE OF BUSINESS

Want Economic Growth? Do It Like the Fed: Analysts

Dallas Fed: Why We Must End TBTF Now!

America's "Safest Long Term Investment" Is Gold - Gallup

Bank of America Planning More Job Cuts: Report

Bulls Roll the Dice, Hoping for More Good Economic News

Even a rain dance has more science behind it than that. - JO

'Ocean' of Credit Boosts Growth but Has Risks: Gross

States Scaling Back Worker Pensions to Save Money

Collapsing U.S. Postal Service Needs Freedom to Cut Costs

Euro-Region Unemployment Rate Climbs to Highest Level in Almost 15 Years

Fed Stimulus Odds Decline as Four Regional Presidents Doubt It’s Necessary 

EXCLUSIVE: Apple Has Destroyed 490,000 American Jobs

Steve Jobs: slave laborer and American hero. Same as it ever was. - Wes

This Chart From The New Reinharts And Rogoff Paper Has People Freaking Out

BREMMER: These Are The Countries That Will Win And Lose In The New Global Paradigm

Estimating Government Support for Canadian Banks During the Financial Crisis

Inside Story - Did austerity measures worsen unemployment? (al-Jazeera VIDEO)

A new International Labour Organisation (ILO) report paints a miserable picture of the global jobs market, and blames government cutbacks for the big slow-down. Will the situation improve? Guests: Raymond Torres, Raoul Ruparel, Sony Kapoor.

Bank of Spain Confirms Foreigners Dump Spanish Bonds; Spanish Banks Foolishly Load Up

Israel's jobless rate leaps as the counting changes

"Israel's move to bring its economic statistics in line with leading Western countries has led to a far bleaker picture of its jobs market, undermining claims that the country is riding through the global crisis with relative ease."

Polish steel market sinks in glut

"Steel major in their bid to gain foothold in Eastern European market have taken the plunge with price reduction in Poland by Euro 20 per tonne. Some manufacturers have pruned production significantly to align with the demand and supply from CIS mills (Russia, Ukraine)."

 

Airline Death Spiral

Domestic airfares hit record high in 2011 (US)

 

Military/Intelligence

Never Forget Friedrich Hayek's Warning About Government Tyranny

Why So Many Europeans Are Falling In Love With Right-Wing Nationalists

Al-Qa'ida opens a new front line

U.S. Has No Idea Whether al-Qaida Is Beaten

Obama Stresses Need to 'Finish the Job' in Afghanistan

Skype security hole shares Internet addresses

New study links Tasers to cardiac arrest for the first time

Former Headhunter: There's A Really Good Reason To Become A Security Cyberspace Intelligence Spy

Fences Up: Israel walls off Lebanon, Egypt (RT VIDEO)

Drone strikes are back: US and Pakistan fighting over extrajudicial murders

Obama signs US-Afghan pact with Karzai

NATO May Decide on Stepping Up Missile Defense in Chicago – Defense Ministry

China, Russia resist West's sanctions push for Sudan, S.Sudan

"China and Russia are resisting a Western push for the U.N. Security Council to threaten Sudan and South Sudan with sanctions if the two countries fail to comply with demands to halt their escalating conflict, U.N. envoys said."

Obama targets evaders of Iran, Syria sanctions

US deploys F-22 fighter jets to UAE: officials

Israel begins building wall on Lebanese border

Israel joins UN list of states limiting human rights organizations

Greece's Extreme Right Poised For Parliament As Elections Near

 

Intelligence/security/internet/systemic breakdown

Is there a worldwide parking problem?

Yes, but people offering solutions like this ought to have their heads examined. -- RF

More white powder incidents in New York; police see Occupy link

"Three new envelopes containing suspicious white powder were sent to New York City banks and news organizations on Tuesday, along with notes suggesting the sender sympathizes with the Occupy Wall Street's Day of May 1 protests, police said."

-- It's the fucking government stupid! -- MCR

5 arrested for allegedly trying to blow up Ohio bridge

"The public was never in danger from the explosive devices, which were inoperable and controlled by an undercover FBI employee, according to sources close to the investigation."

Ditto. -- MCR

 

Europe

Huge China trade hub planned for Irish countryside

Thousands of European protesters mark May Day

U.K. Factory Index Falls More Than Forecast on Export Slump

 

Asia

UK aid helps to fund forced sterilisation of India's poor

 

USA

 Total US Debt Soars To 101.5% Of GDP  

Occupy New Dawn? OWS re-emerges in US

Painkiller-addicted newborns skyrocket in US

Asking for trouble: NYPD announced it's ready for May Day violence

Obama orders U.S. treasury to target evaders of Iran, Syria sanctions

May Day means remergence of OWS (RT VIDEO)

Where it all came from

Homeownership rate drops to 15-year low

Well, so much for Dubya's "ownership society." -- RF

Social Security is a Ponzi scheme (Fox News)

Yes, but pension programs are just a subset of the infinite-growth economy, which itself is structurally the same as a Ponzi scheme.

 

Australia/NZ 

More cuts needed, and banks must follow suit (Australia)

Public sector jobs to go in biggest cuts since Kennett  (Australia)

Huge drop for exports possible - BNZ (NZ)

Government signals cuts to support for students (NZ)

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