Author: News Desk

August 6, 2012 0

Crash in Spanish 2-Year Bond Yield; Monti Calls for More Crisis-Fighting Urgency; No Structural Problems Fixed

By News Desk

Bloomberg reports Monti Calls for More Crisis-Fighting Urgency in ECB Standoff Italy’s Prime Minister Mario Monti warned of a potential breakup of Europe without greater urgency in efforts to lower government borrowing costs, as a standoff over European Central Bank help for Italy and Spain hardened. Monti, in an interview with Germany’s Der Spiegel magazine published yesterday, said that disagreements within the 17- nation euro area are detracting from the policy response to the debt crisis and undermining the future of the European Union. Spain and Italy, whose surging borrowing costs have shunted them to the heart of the turmoil in the euro area, are resisting pressure from ECB President Mario Draghi to formally request aid in return for strict conditions before the central bank will buy their bonds

August 6, 2012 0

Four Different Viewpoints on Employment; Reflections on Biased Reporting

By News Desk

Four Different Viewpoints on Employment; Reflections on Biased Reporting Posted by Michael Shedlock at 12:26 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.

August 5, 2012 0

One Day in the Death of the Arctic

By News Desk

One Day in the Death of the Arctic While the lala crowd over at Tony’s has been going on about how its all right folks, the Arctic has been melting at an accelerating pace, and the melt has been pretty much all melt and little circulation.  The ice is broken to pieces and floating out there ready for the hammer.  Neven has a nice way of showing this by ratioing the sea ice area to the extent to the sea ice extent.  100% would be a compact ice mass with no little bits floating alone out there.

August 5, 2012 0

Saudi-Drafted Syria Resolution Mocks UN

By News Desk

Sunday, August 5, 2012 Saudi-Drafted Syria Resolution Mocks UN At UN, More Than One Third of the World Refuses to Endorse the Saudi-Qatari Call for Open Season on Syria; Mass Strikes in Saudi and Bahrain; Still No Sign of Bandar. Webster G.

August 4, 2012 0

Massacres in Aleppo, Syria

By News Desk

Saturday, August 4, 2012 Massacres in Aleppo, Syria "Responsibility to Protect" crumbles as Western-armed terror front slaughters civilians while foreign sponsors attempt to tie hands of Syrian security forces.  by Tony Cartalucci  August 4, 2012 – For the people of Aleppo, their only hope is Syria’s security forces restoring order. In the pockets of Syria’s largest city the so-called "Free Syrian Army" (FSA) has dug into, a campaign of systematic detention, torture, and mass murder has been carried out against "enemies of the revolution." Demonized as either "Shabiha" or "government supporters," men have been rounded up, lined up against walls, and gunned down en mass . Others await barbaric " drumhead trials " where FSA warlords deal out arbitrary justice under the guise of "Sharia law." Image : The Western media is covering – or more accurately, "spinning" – an unfolding sectarian genocide in Syria’s largest city Aleppo