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Archive for March, 2011

US could tap oil stockpiles as prices rise: Obama

March 12, 2011 Comments off

WASHINGTON (AFP) – President Barack Obama on Friday said he had “tee-ed up” moves to tap emergency US oil stockpiles, as Middle East violence pushed up gas prices for hard-hit US consumers.

Trying to tamp down concern that oil prices will continue to rise on Middle East unrest, Obama said he was willing to make a rare move to open the strategic reserve, but not yet.

“We are going to try to do everything we can” to stabilize the market, Obama said.

“Everybody should know that should the situation demand it, we are prepared to tap the significant stockpile of oil that we have in the strategic petroleum reserve.”

 

With Americans struggling with Read more…

Categories: Obama, Oil Tags: , , , , , , , , , , ,

The Power of the Supermoon?

March 12, 2011 1 comment

accuweather.com

As I have mentioned here, on ABCnews.com (see the story by clicking here) and to people I had talked with about the supermoon, I was neutral, not a believer or non-believer in the power of the supermoon. Notice I say Read more…

Categories: Earthquake, Strange Events, World Events Tags: , , , , , , , , , ,

Gates Foundation Invests $10 Million in Vaccines Developer

March 12, 2011 Comments off

bloomberg.com

The Bill & Melinda Gates Foundation invested $10 million in Liquidia Technologies, a closely held biotechnology company developing vaccines, as part of a $400 million initiative to fund activities to help poorer countries.

Liquidia is developing a seasonal flu vaccine and has an agreement with the PATH Malaria Vaccine Initiative to use its technology to work on new malaria vaccines, the Research Triangle Park, North Carolina-based company said today in an e- mailed statement. The $400 million program provides low-interest loans, loan guarantees and equity investments to help finance organizations that meet the group’s focus areas.

Microsoft Corp. (MSFT) Chairman and co-founder Bill Gates, in his 2010 annual foundation letter, highlighted the need for a malaria vaccine to eradicate the disease, calling it “the highest-risk malaria work we fund.” The foundation has supplied $13.8 billion in global health funding since 1994, according to its website.

“Funding innovation is a key to addressing the unmet health needs of the world’s poorest people,” Doug Holtzman, deputy director for the foundation’s infectious diseases team, said in the statement. “This unique investment partnership will help us advance vaccine development as part of our commitment to help research, develop and deliver vaccines for the world’s poorest countries.”

Categories: Biotechnology, Vaccine Tags: , , , , ,

Details About India and China’s Plans to Stockpile Crude Oil

March 12, 2011 Comments off

Energy expert Matt Badiali writes in DailyWealth that plans out of China and India to create strategic oil reserves of their own could put a floor under the price of oil for years to come:

China and India are faced with the same dilemma the U.S. faced in 1973. Neither country has enough petroleum to keep its citizens rolling for long. Both are exposed to a dangerous, economy-killing oil shock. And both are starting to build and fill strategic petroleum reserves of their own. They have no choice but to buy oil like crazy at these levels.

China has about 102 million barrels already in reserve. It plans to add another 168 million barrels of storage starting this year. It will finish its planned 500 million barrel reserve – equal to three months of imports – by 2020. To hit that mark, China will need about Read more…

Categories: China, India, Oil Tags: , , , ,

Utah Legislature backs gold as legal tender

March 12, 2011 Comments off

sltrib.com

The Senate gave final approval Thursday to a bill taking the first step to recognize gold and silver as legal tender in the state.

It voted 16-7 to pass HB317, and sent it to Gov. Gary Herbert for his signature.

The measure would recognize as legal tender gold and silver coins issued by the federal government — not just their face value, but also their value in gold and silver or to a collector.

It would not require anyone to accept them, however, but make it an option. It also would exempt sales of such coins from capital gains tax. It also would order the state to study whether Utah should establish an alternative form of legal tender, such as one backed by silver and gold.

“It will put some pressure on the federal government. That’s the goal here because Read more…

Categories: Dollar, GOLD, Silver Tags: , , , , , , ,

Saudi Arabian security forces quell ‘day of rage’ protests

March 12, 2011 Comments off

guardian.co.uk

Saudi Saudi policemen form a check point near the site where a demonstration was expected to take place in Riyadh on Friday. Photograph: Hassan Ammar/AP

Saudi security forces came out in strength in Riyadh on a “day of rage” organised by pro-democracy campaigners who managed only small demonstrations in the eastern provinces.

Expectations that the unrest sweeping the Arab world in the last few weeks would spread to its most conservative kingdom appeared to have been dashed by pre-emptive security measures and stern official warnings against any protests.

Far larger demonstrations rocked Yemen, where tens of thousands of pro and anti-government protesters took to the streets as President Ali Abdullah Saleh struggled to maintain his grip.

Clashes broke out in Read more…

Categories: days of rage, Saudi Arabia Tags: , , , , , , , , , , ,

FEDERAL RESERVE OWNERSHIP LIST

March 12, 2011 Comments off

lawfulpath.com

Most Americans, if they know anything at all about the Federal Reserve, believe it is an agency of the United States Government. This article charts the true nature of the “National Bank.”

Chart 1

Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** – – Published 1976

Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn, Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control.

                                N.M. Rothschild , London - Bank of England
 Read more...
Categories: Federal Reserve Tags: , , , , , , , , ,

List of estimated tsunami arrival times for locations along the North American Pacific coast

March 11, 2011 Comments off 
The following list gives estimated times of arrival for 
locations along the North American Pacific coast from a 
tsunami generated at the given source location.  The 
list is ordered by arrival time starting with the earliest. 
Since tsunami speed is directly related to 
water depth, tsunami ETAs can be computed independent of 
tsunami amplitude.  THE LISTING OF A TSUNAMI ARRIVAL TIME 
BELOW DOES NOT INDICATE A WAVE IS IMMINENT. The listed arrival 
time is the initial wave arrival.  Tsunamis can be dangerous 
for many hours after arrival, and the initial wave is not 
necessarily the largest.
 Read more...
Categories: Uncategorized

E. Asia, S. America under tsunami warning after Japan quake

March 11, 2011 1 comment
By REUTERS
03/11/2011 10:45

Biggest earthquake to hit Japan in 140 years triggers 10-meter tsunami, kills at least 6 people; 4 million homes without power; hotel collapses in city of Sendai, people feared buried in rubble; UN rescue teams on standby.

SINGAPORE – A tsunami warning has been issued for areas across East Asia and the western coast of South America following a huge earthquake that hit Japan on Friday, the Pacific Tsunami Warning Center said.

Among the countries for which a tsunami warning is in effect are: Read more…

Categories: Earthquake, Japan Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Ex-Goldman Sachs Analyst: “Major War” Coming End Of 2012

March 11, 2011 Comments off

prisonplanet.com

When cycle forecaster Charles Nenner told the Fox Business network yesterday that the Dow Jones was set to collapse to the 5,000 level on the back of a “major war” that will shake the globe at the end of 2012, hosts David Asman and Elizabeth MacDonald sat in stunned silence.

Nenner, a former technical analyst for Goldman Sachs, is head of the Charles Nanner Research Center, which purports to be able to predict market trends with a computer program based around pattern forecasting and securities analysis. Nenner predicted the stock market and housing collapse over two years before the fall of Read more…

Categories: Coming Events Tags: , , , , , , , , , , ,