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Daily Archives: 17/05/2011
Update: Canadian Oil Output Shut in up to 50,000 bpd due to wildfire
By John Galt May 17, 2011 The latest update from Reuters tonight is not encouraging: Canada oil output cut as Alberta wildfires rage 17 May 2011 20:50 Reuters * Fires continue to burn across northern Alberta * Production halted by fire threat, pipeline closure * About 100,000 bpd may soon be shut in (Adds details, Canadian oil prices) By Scott Haggett and Jeffrey Jones (Click on the link above to read the rest of the story) Per the National Post in Canada 40% of Slave…
The Disturbing Video of Philadelphia Police Ignoring the Constitution and Their Own Laws
By John Galt May 17, 2011 ***** WARNING: EXTREMELY HARSH CURSING AND FOUL LANGUAGE (ALL BY THE POLICE I MIGHT ADD) ************* To add insult to injury this update from NBC in Philadelphia: Man Has Exposed Gun in Phila., Charged The charges? Disorderly content and “reckless endangerment” and that is why anyone with half a brain should be reading this grave concern. Mr. Fiorino was operating within the realm of the laws as written in Pennsylvania and these charges are more akin to petty revenge…
5/17 V. of Galt: Doomer Tuesday Overload
By John Galt May 17, 2011 Thus far, tonight’s course of DOOM, in no particular order: 1. Police State USA 2011 2. MENA Region Burns 3. Pakistan-U.S. Square off 4. Economic Destruction Accelerates 5. The Natural Disaster Whirlwhind 6. Envirocommunism reaches a new level of oppression 7. What is this 2nd Amendment thing I keep hearing about? 8. The Coming Food Crisis Worsens with each Levee failure To listen to the show tune in from 7-9 PM ET for one of the fastest growing internet…
The Housing Disaster Rolls On – The Spring of our Winter Discontent
By John Galt May 17, 2011 The Commerce Department released the latest report on housing starts and permits revealed that no sane, logical, intelligent soul would accept the FIBS (Financial Infomercial Broadcasting Services, aka CNBC, FBN, BLM) mantra of the past year that housing has bottomed and that the recovery was well under way. Amazingly enough the preachings and screeching of the pro-regime talking heads was non-existent on the morning radio or television programs. Thus there is a realization that perhaps, just perhaps, free money…
E.U. has a New Strategy for Greek Crisis: Newspeak
By John Galt May 17, 2011 The first story that caught my eye this morning was the revolutionary idea created by the European Union to solve the Greek solvency crisis: Start renaming the solutions. For example, when anyone else takes out a business loan and then at a later time due to a shift in economic conditions request to change the terms of repayment, it is properly labeled a “restructuring” which is the alternative to a default or late repayment and allows the debtor a…
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