04/04/2012

Study: Radioactive water to reach Hawaii in 2 years

by John Galt April 4, 2012 23:30 ET   Thankfully, the crisis is contained (allegedly). Just like the financial crisis. Check this story and graphics package out from The Asahi Shimbum: Study: Radioactive water to reach Hawaii in 2 years (click on the title above to read the original sourcing for the article) From the article by Takashi Sugimoto: Water contaminated by radioactivity that entered the sea from the Fukushima No. 1 nuclear plant will reach the Hawaiian Islands in March 2014, according to a computer simulation by the Japan Atomic…


Stocks Decline today BUT this Isn’t the Big One

by John Galt April 4, 2012 23:00 ET The United States Equity Markets declined today.   Now that Mr. Obvious has spoken… Gang, I’ll be the first to admit that technical analysis of THESE markets is an insane, stupid, waste of time. When the Federal Reserve is buying, logic, fundamentals, and technical analysis goes out the window. With that being established, Mr. Bernanke said the following in the FOMC minutes released this week: Now that the fun and games are over with, let’s address some reality. Many of the Bubblevision talking…


The Latin Spring has Begun

by John Galt April 4, 2012 19:20 ET   On December 17, 2010, a previously unknown street vendor named Mohamed Bouazizi walked out into the streets of Tunis and in protest of continued government interference and overbearing policies, set himself on fire. This act of self immolation set the entire Arab world on fire, causing romantic Western political imbeciles to think that this action and the political protests which followed were the acts of Islamic versions of George Washington and deserved the unqualified support of governments worldwide. Fast forward to today,…


The 5th Circuit Court of Appeals Sets the Obama Administration Straight

by John Galt April 4, 2012 18:00 ET   Yesterday afternoon Judge Jerry Smith of the 5th Circuit Court of Appeals dared to do the unimaginable: He warned the Obama administration that they are not above the U.S. Constitution and demanded an explanation as to why they think they are. Listen to the exchange below and get your chuckle of the week.


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