Archive for October 19, 2011

18 of the World’s 1400 Remaining Bengal Tigers Were Slaughtered in Ohio Today

How did this happen?  How did it come to pass that one man “owned” 18 Bengal tigers, 17 lions, six black bears, a pair of grizzlies, three mountain lions, two wolves and a baboon and they all ended up being slaughtered today?

Photo: Via Trayambak's Shutter on Flickr

What happened wasn’t the fault of the animals.  This was out-and-out animal cruelty on the part of the man who was in charge of their care:

Thompson, 62, had had repeated run-ins with the law and his neighbors. Lutz said that the sheriff’s office had received numerous complaints since 2004 about animals escaping onto neighbors’ property. The sheriff’s office also said that Thompson had been charged over the years with animal cruelty, animal neglect and allowing animals to roam.

Way to go America.

October 19, 2011 at 9:03 PM Leave a comment

America’s Long-Haul Truckers Will Soon Be a Thing of the Past

Remember a couple years ago when there was a flurry of media coverage about Mexican truckers driving long-haul rigs into the U.S.?  Well, that will be a reality come Friday:

Lane Lambert/Stockphoto

The first Mexican carrier is set to roll into the U.S. interior within days, but the Teamsters union and two California congressmen haven’t given up on stopping the cross-border trucking program that had been stalled for years by safety concerns and political wrangling.

U.S. Reps. Duncan Hunter and Bob Filner joined Teamsters President James Hoffa at the border on Wednesday to take a bipartisan stand against the pilot project that will allow approved Mexican trucks to come deep into the United States. The first Mexican truck will enter Texas on Friday.

[...]

Allowing Mexican trucking companies to deliver the goods rather than transfer them to U.S. haulers at the border will put American jobs and highway safety at risk…

“We’re literally taking good jobs here in America and passing them over the line to Mexico,” Hunter told the crowd, many holding signs reading “NAFTA kills” and “Stop the war on workers.”

I give it two years.  Two years and the great people who drive long-haul trucks in the U.S. will be gone. Laid off.  Not only will they have lost their jobs, but our roads will be less safe because the people behind this terrible idea (born of corporate greed, of course) will push the drivers like slaves, causing them to endanger themselves and the rest of us.  You know, anything, ANYTHING, for a buck.

October 19, 2011 at 8:15 PM Leave a comment

The EPA Rules in Favor of Cabot Oil & Gas, Tells Citizens of Dimock, PA to Die Already

This is outrageous.  More power to the Occupy Wall Street movement.  We need change around here!

ALLENTOWN, Pa. (AP) — Pennsylvania environmental regulators said Wednesday they have given permission to a natural-gas driller to stop delivering replacement water to residents whose drinking water wells were tainted with methane.

Residents expressed outrage and threatened to take the matter to court.

Cabot Oil & Gas Corp. has been delivering water to homes in the northeast village of Dimock since January of 2009. The Houston-based energy company asked the Department of Environmental Protection for approval to stop the water deliveries by the end of November, saying Dimock’s water is safe to drink.

DEP granted Cabot’s request late Tuesday, notifying the company in a letter released Wednesday morning. Scott Perry, the agency’s acting deputy secretary for oil and gas management, wrote that since Cabot has satisfied the terms of a December settlement agreement requiring the company to remove methane from the residents’ water, DEP “therefore grants Cabot’s request to discontinue providing temporary potable water.”

Residents who are suing Cabot in federal court say their water is still tainted with unsafe levels of methane and possibly other contaminants from the drilling process. They say DEP had no right to allow Cabot to stop paying for replacement water.

Bill Ely, 60, said the water coming out of his well looks like milk.

I read something earlier today that someone wrote — apologies for not remembering who or where I saw it — about how the American people (and the people of the world, for that matter) are just flat out emotionally exhausted due to the corporate takeover of the planet.  This a prime example.  Crap like this is happening everywhere.

Enough.  Just fucking ENOUGH!

October 19, 2011 at 7:51 PM Leave a comment

Redistribution of Wealth is Bad, Very, Very Bad

This would be our Tweet of the Day:

October 19, 2011 at 7:26 PM Leave a comment

Ben Bernanke Just Signed We the People Up For a Potential $79 TRILLION Bailout

This scares the hell out of me and pisses me off no end:

Federal Reserve Now Backstopping $75 Trillion Of Bank Of America’s Derivatives Trades

This story from Bloomberg just hit the wires this morning.  Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC.

This means that the investment bank’s European derivatives exposure is now backstopped by U.S. taxpayers.  Bank of America didn’t get regulatory approval to do this, they just did it at the request of frightened counterparties.  Now the Fed and the FDIC are fighting as to whether this was sound.  The Fed wants to “give relief” to the bank holding company, which is under heavy pressure.

This is a direct transfer of risk to the taxpayer done by the bank without approval by regulators and without public input.  You will also read below that JP Morgan is apparently doing the same thing with $79 trillion of notional derivatives guaranteed by the FDIC and Federal Reserve.

So these unregulated banks are playing games with their money and BEN BERNANKE HAS AGREED THAT WE THE PEOPLE WILL BAIL THEM OUT if they go belly up.  OMFG!

And here’s more:

It appears that the banks are relying on the Too Big To Fail mentality of the Teasury Department, and the legislators in Washington to have little choice but to institute a bailout of massive proportions should these derivatives be called in for Euro failures.  Only this time, the cost would be 10 times the amount taxpayers spent bailing out institutions during the 2008 credit crisis.

For the American people, these moves by Bank of America and JP Morgan should be severe warnings to just how bad the global credit crisis is becoming, and the potential for over $100 trillion in derivatives to be thrust on the US taxpayers.  It is ironic that Merril Lynch once again is the center of controversy for too big to fail, but this time, there may not be enough dollars in circulation to save the banks should the worst case scenario come to pass.

If the American people end up bailing these “banks” out to the tune of trillions of dollars, “10 times the amount taxpayers spent” bailing them out in 2008, I think there will be rioting in the streets.  Enough is enough.

October 19, 2011 at 4:08 PM Leave a comment

America — We’re #1

Love this.  So true.  How Americans see the world:

See a larger version here.

(Via.)

October 19, 2011 at 3:45 PM Leave a comment

Show Me the Money

Wonder where all the money’s gone?  Wonder no more:

(Via.)

October 19, 2011 at 3:18 PM Leave a comment

Older Posts


Follow Me On Twitter

Categories


Follow

Get every new post delivered to your Inbox.

Join 1,236 other followers