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Timeline: Greece’s debt crisis
Here is a timeline of economic events in Greece since 2010:
Jan 2010 – Greece unveils stability program on Jan 14, saying it will aim to cut its budget gap to 2.8 percent of GDP in 2012 from 12.7 percent in 2009.
Feb – Greece must refinance 54 billion euros ($66.6 billion) of debt, with a crunch in Q2 as more than 20 billion euros becomes due and market yields for Greek debt soar.
March 5 – Package of public sector pay cuts and tax increases is passed to save an extra 4.8 billion euros. VAT to rise 2 percentage points to 21 percent; state-funded pensions frozen in 2010.
April 11 — Euro zone finance ministers approve 30 billion euros ($40.67 billion) emergency aid mechanism for Greece.
April 15 – Greek parliament passes law that seeks to tackle tax evasion and shift tax burden to higher earners.
April 22 – Eurostat says Greece’s 2009 budget deficit is 13.6 percent of GDP, not 12.7 percent as reported earlier.
April 23 – Prime Minister George Papandreou asks for activation of an EU/IMF aid package. Read more…
Multiple vortex forming over Northern America
There is an upper level low pressure system vortex storm forming of East Coast of US. It’s an occluded front with a low pressure of 29.29hg or 992mb. The winds are rotating the system counterclockwise. In previous post we gave some possible explanation of the situation and we gave some notes about polar cyclones, arctic storms, nor’eastern storms and explanation of Coriolis effect.
The upper level low pressure systems are important to forecasting and can dramatically alter one’s forecast. Upper level lows can occur in association with a mid-latitude cyclone or may begin without the aid of a mid-latitude cyclone. Upper level lows without the aid of a surface low can develop when air flows over a mountain range, in association with an upper level short wave, or in Read more…
FEMA to confiscate food from local farms in emergencies?
Since our nation’s founding the federal government has, in times of emergency, claimed extra-constitutional powers and authority. Under the guise of acting in the public’s best interests, Washington has taken away privacy rights, free speech, and habeas corpus, among others. There’s no reason to think it wouldn’t happen again.
With that in mind, would it surprise you to find out that if disaster strikes in your part of the country, the federal government is prepared to take over local food supplies, in part by confiscating farms?
It shouldn’t, says “Farmer Brad,” a Texas-based farmer who said in an interview about food security with Mike Adams for Natural News TV that during Hurricane Katrina, an inventory of local farms and what they produced was conducted by the Federal Emergency Management Agency.
“FEMA was doing an inventory of all the farms around … metroplexes,” he said, which included nearby Houston and other large cities. “They started calling up farms and wanted to know where farms were, and they were being prepared to maybe take food if they need to, from farms, you know, for a crisis like that.”
Brad, of HomeSweetFarm.com, said that while the agency didn’t come right out and say they would confiscate crops and cattle, Read more…
Doomsday fire: Millions of volcanoes are stirring beneath the world’s oceans
In 1993, marine geophysicists aboard the research vessel Melville discovered 1,133 previously unmapped underwater volcanoes off the coast of Easter Island. Though some of the newly discovered volcanoes rose as much as one-and-a-half miles above the seafloor, their summits still remained half a mile below the water’s surface- all this in a comparatively small area of only 55,000 square miles, about the size of New York State. The geophysicists had increased the known supply of underwater volcanoes by more than ten percent just in a matter of months. That was 1993. Today, scientists estimate that there are more than three million underwater volcanoes. That’s a three followed by six zeroes! In 2007, oceanographers Hillier and Watts surveyed 201,055 submarine volcanoes. “From this they concluded an astounding total of 3,477,403 submarine volcanoes must reasonably exist worldwide,” said this article by John O’Sullivan. Hillier and Watts “based this finding on the earlier and well-respected observations of Earth and Planetary Sciences specialist, Batiza (1982) who found that at least 4 per cent of seamounts are active volcanoes.” According to Batiza’s survey, the Pacific mid-plate alone contains an incredible 22,000 to 55,000 underwater volcanoes, with at least 2,000 of them considered active. Thinking Read more…
What is THIS? OMG! — frequency or PARTICLE projection at NEXRAD station
Our Fear-Based Society and the Resultant Loss of Liberty
What do the Patriot Act, X-ray scanners and “enhanced” pat downs at airports, our new healthcare system (I hate calling it “Obamacare” because he’s just a puppet like all Presidents), Roosevelt’s “New Deal,” and all other government programs have in common? They’re all sold to us by politicians as a means to keep us safe: safe from terrorists, safe from the bad insurance companies who will uninsure you when you get sick, safe from economic hardships.
Notice, if you will, that these sort of programs get passed by our government when something bad happens that affects the psyche of the entire US. 9/11 happens and we get the PATRIOT Act, the Department of Homeland Security (DHS) and a host of other anti-liberty, supposedly pro-safety, laws and agencies; the Christmas Day underwear bomber detonates a small bomb setting himself ablaze and we get body scanners and “enhanced” pat downs at airports; the economy hits the skids and it’s the perfect time to pass sweeping healthcare “reform” because everyone’s concerned they will lose their job and their healthcare.
As Rahm Emmanuel famously said, “You don’t ever want a crisis to go to waste; it’s an opportunity to do important things that you would otherwise avoid.”
However, I would argue Ben Franklin’s perspective is the healthy one. In 1818, he wrote: “They willing to give up essential liberty for a little temporary safety, deserve neither and will lose both.”
Benjamin Franklin was a wise man; a student of history. He studied — as all the founders did — the toll this forfeiture of liberty for Read more…
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