"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Tuesday, May 11, 2010

Coming Soon - It's The New Environmentalist Hysteria - Peak Water

We scooped everyone on this too. Back in December of 2009, as the world was crashing down on the Global Warming idiots, I predicted that the next hysteria "environmentalists" would try to scare us with is peak water.
THE NEXT ENVIRONMENTAL CRISIS THAT THREATENS LIFE ON EARTH
What do you know? Check this out:

Peak Water

... unless you live in an area that is already experiencing shortage you probably haven’t heard much about “Peak Water.” Bob Doyle of the Cumberland Times-News attempts to enlighten us.
... there is a crisis coming even sooner involving the most precious resource, absolutely vital to life — water.
And when water becomes scarce, there will be inadequate food as plants are pretty thirsty. How can this be, when about 70 percent of our planet is covered by ocean water?
Most plants, animals and people can’t drink salt water, needing fresh water. 70 percent of the world’s fresh water is frozen on top of Antarctica.
Most of the remaining fresh water is deep inside the Earth in huge underground lakes called aquifers
The problem is close to home:
In some agricultural areas of California, the ground level has dropped 30 feet from excessive draining of aquifers.
The Colorado River no longer empties into the Gulf of California (Mexico) as all of its water has been taken by irrigation.
Decades from now, when there will be little snow pack in the Northwestern states, some large western rivers will have even less flow, and large U.S. hydroelectric facilities in the West will no longer supply much of their current electric power.
But outside the US the problem is even worse:
Yemen’s aquifers around some of its cities are nearly gone.
Saudi Arabia is phasing out its wheat crop as its large aquifer will be nearly exhausted in a decade.
In upper China, the large fossil aquifer (which is not easily recharged) is being drawn down several meters a year.
Near Beijing, water wells go down a kilometer (0.6 mile) to get water for the city’s inhabitants.
It is even worse in India as many wells have gone dry and in some regions, half of the electricity is being used to pull up water for people and crops.
I covered the problem in India here. Briefly, Norman Borlaug was said to be the father of the “green revolution” and won a Nobel Prize for feeding billions. The problem was that his techniques required fossil fuels and lots of fossil ground water. The party is about over in India as fossil fuels become increasingly expensive and the ground aquifer is nearly pumped dry.

Carbon based lifeforms like we humans can live without oil and natural gas but not without water. For that reason as we attempt to satisfy our addiction to fossil fuels we must think seriously about threats to our water supplies. The energy companies tell us we can have both but their record is not very good. Coal mining in Appalachia has resulted in the pollution of much of the area’s surface water. Disposal of coal ash from power plants also threatens water. More recently “fracking” for natural gas has been in the headlines.
New Yorkers have been talking/protesting a lot about proposed natural gas drilling upstate, where much of our esteemed, tasty tap water originates. The issue: whether the industrial process of hydraulic fracturing, or fracking, is a threat to the watershed.
But as the United States becomes “the Saudi Arabia of natural gas” , this debate is happening all over the country.
The Environmental Protection Agency announced yesterday it will re-investigate hydraulic fracturing, in which water, sand, and unidentified chemicals are shot into natural gas wells at high pressure. The procedure opens up gas reserves locked underground by various geological formations.

BLAH BLAH BLAH BLAH BLAH!

As I wrote back in December:
Of course, the United States, the world's most successful country, is the biggest abuser. Of course. Because Capitalism is the problem, you see. Therefore, Capitalism will have to be attacked, and destroyed, or else we will run out of water, everyone and everything will die, and earth itself ... well, you get the drill.

And all of this rests on the completely unscientific, false assumption that once you use the water it disappears.

Water does not disappear. It changes form.

When you cook, water evaporates ... and then comes back down to earth in the form of rainfall, dew, etc.


When you irrigate crops, water evaporates and/or get transferred into the plants, where it is stored, and consequently ends up in the digestive systems of human beings and animals.

When you drink water, or ingest anything which has water in it - which is everything you eat - it goes through your system, and comes out as urine which contains, get this, WATER ...

... which then evaporates, and comes down in the form of rainfall, dew, etc.

And, of course, this "we're running out of water and we must do something about it right now" scenario also rests on the assumption that we will develop no new technology which will help us harvest water.

No new Desalination technology.

No new Cloud Seeding technology.

And, as I wrote just a few weeks later:
PEAK PEAK: PEAK THEORY HAS JUMPED THE SHARK ...
Peak Theory itself has been discredited as we find it has been proven that America has four times the oil of Saudi Arabia just within Colorado, Montana, and the Dakotas. Additionally, it has been proven that oil is a naturally-occurring substance.

Those two facts destroy peak oil theory.

Stop believing Environmentalists. They are the snake oil salesmen of our time.

OOOOOOOOPS: IT SEEMS THE PIRATES THAT RUSSIA CAPTURED AND RELEASED HAVE DISAPPEARED AND ARE PROBABLY LOST AT SEA OR DEAD

Ooops:

Ten suspected Somali pirates captured by the Russian navy last week may have perished after their release, a defence source in Moscow has told reporters.

Marines seized them during a dramatic operation to free a hijacked Russian oil tanker far from shore, killing an 11th suspect in the gun battle.

They were released in an inflatable boat without navigational equipment.

Within an hour, contact was lost with the boat's radio beacon, the defence source said.

"It seems that they all died," the unnamed source was quoted as saying by Russia's Interfax news agency.

WHAT A PITY.

SERIOUSLY: THIS IS HOW WE SHOULD DEAL WITH THEM. ALL.

WHAT NICK CLEGG SHOULD DO, AND WHY HE SHOULD DO IT: JOIN WITH THE TORIES

The only party which gained seats was the Tories.

Labor and the Lib-Dems both lost seats.

The Tories could form a minority government and govern effectively for a year or more, and they could enact many of their reforms without a coalition.

Therefore, the Lib-Dems have nothing to gain by sitting out.

Joining with Labour will not create a majority - nor would it have legitimacy.

Therefore, Clegg's only 2 choices are to sit it out and gain nothing, or join with the Tories and gain something.

After LOSING seats in the election, the longer Clegg waits the more he seems to be a bad decision-maker and weak leader and the more irrelevant will seem the Lib-Dems.

STEYN WEIGHS IN HERE.

THE EURO FALLS: MARKETS WANT EURO-WIDE AUSTERITY, NOT BAILOUTS BY CENTRAL BANKS

BLOOMBERG:
The euro lost all of yesterday’s gains on concern the $1 trillion bailout will hurt European economic growth. Stocks fell, paring the MSCI World Index’s biggest advance in a year. Chinese shares entered a bear market.

The euro weakened 0.8 percent against the dollar at 7:09 a.m. in New York, trading below the level it was at before the European Union-led aid package was announced early yesterday. The Stoxx Europe 600 Index fell 1.8 percent, after rising 7.2 percent yesterday. Futures on the Standard & Poor’s 500 Index dropped 1.1 percent. Copper traded below $7,000 a metric ton.

The European Union’s unprecedented bailout package is unlikely to be a “long-term solution” for the region, Marek Belka, the director of the International Monetary Fund’s European department, said in Brussels yesterday.

... “The euphoria of 24 hours ago has passed,” Derek Halpenny, European head of global currency research at Bank of Tokyo Mitsubishi UFJ Ltd. in London, wrote in a report today. “We are in little doubt that steps taken will offer the euro little support and the aid package does not change the fact that Spain and Portugal in particular will still have to undergo further painful austerity measures.”
AND GOLD IS UP.

AS I WROTE YESTERDAY:
"We shall defend the euro whatever it takes," said Olli Rehn, the European Union's commissioner for economic affairs.
THAT'S JUST WHAT THE MARKETS WANTED TO HEAR.

NOW, ALL THAT REMAINS ARE THESE TWO HURDLES:
  1. BRITAIN MUST ANNOUNCE A GOVERNMENT,
  2. AND EUROPEAN NATIONS AND THE USA MUST CUT TAXES AND SPENDING.
YUP: ALL EUROPEAN GOVERNMENTS - AND THE USA - MUST CUT TAXES AND SPENDING FOR MARKETS - AND ECONOMIES - TO IMPROVE.

VIA GLENN:
A bold $1 trillion rescue by the European Union halted the slide of the euro on Monday and sent markets soaring worldwide in a gambit that may ultimately be seen as the moment Europe truly became a union.

The sweeping cash injection was greeted with euphoria on Wall Street, where stocks rocketed to their biggest gain in more than a year.

Still, the package did not resolve the basic dysfunction at the heart of Europe's monetary union: Governments can still spend recklessly and saddle their partners with the bill.
I EXPECT MARKETS WILL REMAIN IN A BASICALLY JITTERY AND BEARISH PATTERN UNTIL CAMERON TAKES OFFICE.

IF THERE'S A LIB-DEM COALITION I EXPECT EUROPEAN MARKETS TO CRASH.

STAY TUNED...

Monday, May 10, 2010

VIDEO: COWELL DISCOVERS AN 80 YEAR OLD "SUSAN BOYLE: JANEY CUTLER WOWS'EM!

A Scottish octogenarian is being touted as the next Susan Boyle after her appearance on TV talent show Britian's Got Talent.

Janey Cutler, an 80-year-old mother of seven, grandmother of 13 and great-grandmother of four, from Wishaw, Lanarkshire wowed judges by giving an incredible rendition of French legend Edith Piaf's song Non, Je Ne Regrette Rien (No Regrets).

Cutler has been dubbed NuBo (New Boyle) by the UK press because of the similarities in the way both her and SuBo (Susan Boyle's) singing talents were discovered.


ENJOY:



LIKE PAUL POTTS AND SUSAN BOYLE, JANEY CUTLER IS SO REAL YOUR CAN FEEL HER - A QUALITY MANY POP STARS LOSE AS THEY BECOME CANNED-SOUNDING, FAKE - AND ... TOO PERFECT.

(PREVIOUS POSTS ON POTTS HERE, AND ON BOYLE HERE.)

AUDIENCES RESPOND MORE POSITIVELY TO IMPERFECTIONS BORN OF REAL-LIFE AND LIFE'S REAL PAINS, STRUGGLES AND LOSSES THAN TO PERFECTION; IT'S SYMPATHY AND IT'S REALLY WHAT DRIVES PEOPLE TO NEED AND LOVE PERFORMANCES OF SONG AND DRAMA TO BEGIN WITH.

OBAMACARE: 60% OPPOSE IT; 41 STATES WANT IT REPEALED; YET THE LEFT PUSHES ON: WHATEVER HAPPENED TO DEMOCRACY?

ARE THEY NUTS!?

YES.
  • IT'S NOT UNLIKE HOW THE EU ELITE FORCED THE LISBON TREATY DOWN THE THROATS OF EUROPEANS DESPITE THE FACT IT LOST IN THE ONLY TWO COUNTRIES WHICH HELD REFERENDUMS:
  • THE LEFTISTS ELITE THINK THEY KNOW WHAT'S BEST AND REALLY DON'T GIVE A CRAP ABOUT THE PEOPLE,
  • FOR THEM, DEMOCRACY IS A NICETY, USEFUL WHEN IT REINFORCES THEIR POLICIES AND UNNECESSARY WHEN IT DOESN'T.
THAT'S JUST TYRANNY. IT'S HOW THE LEFT HAS ALWAYS OPERATED:

THE LEFT BASICALLY BELIEVES THAT THE STATE HAS MORE OF A RIGHT TO THE FRUITS OF YOUR LABOR THAN YOU DO -

AND THEY BELIEVE THEY WILL MAKE SOCIETY AND THE ECONOMY BETTER BY GIVING THE FRUITS OF YOUR LABOR TO WHOMEVER THEY CHOOSE.


IT WILL NOT STAND - NOT ON PRINCIPLES, AND NOT IN THE MARKETPLACE, EITHER:
  • LEFTIST POLICIES ARE NOT A MORE FAIR WAY TO DISTRIBUTE GOODS OR SERVICES, AND THEY HAVE NEVER INCREASED VALUE OR PROSPERITY ANYWHERE.
  • IT IS MORE FAIR TO LET PEOPLE EARN THEIR OWN WAY, TO KEEP THE FRUITS OF THEIR OWN LABOR.
  • LEFTIST POLICIES ALWAYS DECREASE LIBERTY AND PROSPERITY AND ALWAYS MAKES THINGS WORSE.
  • IF LEFT-WING POLICIES WORKED, THEN THE USSR AND EAST GERMANY AND RED CHINA AND NORTH KOREA AND CUBA AND ZIMBABWE WOULD BE PROSPEROUS UTOPIAS.
  • INSTEAD, THEY ARE PLACES THAT PEOPLE RISK THEIR LIVES TO LEAVE!
WE WILL TEACH THE LEFTISTS A LESSON IN THE COURTS - AND AT THE BALLOT BOX THIS NOVEMBER.

KAGAN: A PERFECT NOMINEE TO REPLACE THE NEUTERLESS/SEXLESS LIBERAL JUSTICE SOUTER

MANY FOLKS'RE WONDERING IF SHE'S GAY AND IF SO IF SHE HAS A GAY OR GRAMSCIAN AGENDA.

I BET SHE IS AND SHE DOES.

(BUT THERE'S NO PAPER TRAIL, JUST A WINK-WINK TO HER COMRADES ON THE LEFT; THAT'S WHY SHE WAS SELECTED)

I THINK IT'S APT SHE'S BEEN NOMINATED TO SUCCEED THE LIBERAL SOUTER: DIFFERENT GENITALIA, SAME JURISPRIDENCE AND SAME SEX-LIFE.

MAYBE THEY SHOULD "MARRY"?

SHOE-BOMBER CAUGHT IN PAKISTAN: RED SIREN ALERT: THE ASTUTE BLOGGERS SCOOPS DRUDGE BY A DAY!


DRUDGE TONIGHT:



THE ASTUTE BLOGGERS POSTED THIS ITEM YESTERDAY - WITH MORE LINKS.

REGULAR READERS KNOW THAT WE SCOOP ALL THE BIGGIES ALL THE EFFIN' TIME - YES: EVEN DRUDGE.

SPREAD THE WORD.

UPDATE: WE SCOOPED THIS LAW PROFESSOR AND HIS PALS, TOO:

PAKISTAN, AGAIN: “A passenger was detained by airport authorities in Pakistan after electrical circuits and batteries were found in the soles of his tennis shoes, an airport security official said today.”

UPDATE: Sometimes a massage shoe is just a massage shoe.

ANOTHER UPDATE: Reader Jerome Krough is thinking shoe-phone.

Posted at 10:23 pm by Glenn Reynolds

HOW PICASSO MIGHT HAVE DEPICTED WW4


THE ASTUTE BLOGGERS SCOOPS THE TELEGRAPH'S WARNER: Cameron lost because he went soft on the EU

WARNER/TELEGRAPH TODAY:
Another, more easily documented aspect of the Tory defeat (for that is what it was) relates to UKIP. As is being widely advertised across the blogosphere, in at least 21 constituencies the UKIP vote was larger than the Labour or Liberal Democrat majority over the Tories.

Since it is universally recognised that the overwhelming majority of UKIP voters are disgruntled Tories, that is how the Eurosceptic wing of the Conservative core vote took its revenge on Cast-Iron Cameron. I shall not replicate the results here, since they have already gone “viral” online; but the figures are incontrovertible: even if you subtract 10, 20, or 30 per cent from the UKIP vote in those seats, to allow for minor defection from other parties, the UKIP votes still outnumber the anti-Tory majority. After the postponed election in Thirsk, the Tories will have 307 parliamentary seats; the seats lost through UKIP would have brought that up to 328, a clear overall majority.

Again, Dave’s arrogance, his dismissal of “fruitcakes and closet racists” and reneging on his “cast-iron” guarantee of a referendum on the Lisbon Treaty cost him an overall majority.
HAD CAMERON RUN A BIT MORE TO THE RIGHT, THE UKIP WOULD HAVE SUPPORTED THEM AND THE TORIES WOULD HAVE WON A MAJORITY WITH AN ANTI-EU MANDATE.

INSTEAD, THE TORIES WILL PROBABLY MANAGE A COALITION GOVERNMENT WITHOUT ANY MANDATE FOR ANYTHING TRULY CONSERVATIVE.

PITY.

WE POSTED THIS TWO DAYS AGO - ON SATURDAY.

REGULAR READERS KNOW THAT WE SCOOP ALL THE BIGGIES ALL THE TIME.

SPREAD THE WORD.

CAMERON CLOSE TO REFERENDUM DEAL WITH THE LIB-DEMS - WITH SUPPORT FROM TORY MP'S

GREAT ARTICLE HERE ON HOW CAMERON HAS PUT TOGETHER A DEAL WITH THE LIB-DEMS WHICH HAS TORY MP SUPPORT.

BUT I LIKE THE KICKER AT THE END THE MOST:

While Tory MPs were rallying behind the offer to the Lib Dems, there was still criticism of the leadership for "throwing away the general election". MPs on all wings of the party believe Cameron was wrong to base his campaign on the Big Society – a plan to devolve power – which had candidates struggling to explain on the doorstep.

One veteran former minister said: "I do not buy the argument that we have done well by adding more than 90 seats. We were starting from such a low base. A muppet could have put 4% on Michael Howard's share of the vote. We have all been so disciplined, they have been all over the place on the economy … They said the Californianisation of the party and the modernisation of the party is the way to win … What wins is being Conservative."

RTWT.

How The Earth Digests Oil Spills

From Al Fin:
If the Deepwater Horizon spill in the Gulf of Mexico continues for another month, it may match the Exxon Valdez oil spill of 12 million gallons. But the Exxon Valdez spill does not even make it onto the top 10 list of historical oil spills. And while natural oil seeps spill far more oil every year than the total of all human caused oil spills, nature finds a way to clean up after herself. In fact, nature even cleans up after human-caused oil spills.

As soon as oil hits water, the ocean begins its deconstruction. In fact, the marine environment handles oil much like a human body handles alcohol: destroying, metabolizing and depositing the excessive compounds —in oil's case, hydrocarbons—then transforming the compounds into safer substances, says Stanislav Patin, chairman of the Aquatic Toxicology Committee under the Russian Academy of Sciences and international expert on marine pollution.

...The day after it enters the water, chemicals in the oil begin to transform, both at the water's surface and farther into the water column. Trace elements lurking in water can speed or slow the process while the sun fuels the breakdown, decomposing even the most complex of oil's components over time. The warmer the water temperature and the more sun exposure, the faster the oil breaks down.

During the first few days after a spill, between 20 to 40 percent of oil's mass turns into gases, and the slick loses most of its water-soluble hydrocarbons—what's left are the more viscous compounds that slow down the oil's spread across the water.

...Between 10 and 30 percent of the oil is absorbed by sediments and suspended materials and deposited on the bottom of the sea. This generally occurs in coastal zones and shallow waters where water mixes readily and more particles float. Usually, oil drifts in the same direction as the wind, though storms and water turbulence can speed up the spread of the oil. This movement in turn can degrade parts of the oil into separate fragments that spread far away from the initial spill.

As these fragments move further offshore and into deeper areas, sediment absorption becomes a much slower process. While sediments latch onto oil components, so do filter feeders and plankton. Planktonic organisms absorb the oil/water mix and dump it at the bottom of the ocean when they excrete other metabolites. Once at the bottom, though, the decomposition rate of the oil halts almost completely because of lack of oxygen, and heavy oil fragments can be preserved inside sediments for years....after a time—with weathering, feasting micro-organisms and solar decomposition—the water self-purifies, as intermediate compounds gradually disappear and water and carbon dioxide reform....



At the bottom of the food chain, oil-metabolising bacteria thrive on the nasty gunky stuff. Nature has billions of years' experience dealing with oil seeps and natural spills. Oil spills do not leave a permanent trace, because oil is food for many micro-organisms.

Just as CO2 is quickly gobbled up by vast numbers of ocean bacteria, so are hydrocarbons of all types cleared from the oceans and coastlines by bacterial oil gobblers.
In other words, we humans getting involved in how the Earth cleans an oil spill makes about as much sense as a Doctor deciding to digest a patient's food outside of his body. We would only conceive of such to help in the gravest of situations.

But, the Earth is not in trouble. And, neither are human beings.

No matter how apocalyptic the diagnoses of the Green Movement might get, they can never shake the truth that the Earth, as an self-regulating organic system, is perfectly capable of eating, drinking, and breathing anything within it's biosphere.

The truth is, this is not an environmental issue, so much as we just don't want to look at the mess of digestion on a massive scale.

UPDATE - Let me be clear that I am not advocating that we do nothing about oil spills when they occur. I am merely pointing out that, while we may enjoy believing we are a great help to the ecological system of the Earth, we are not. Instead, we are performing something closer to cosmetic surgery.

Thank God for small favors. God knows, I love the Gulf of Mexico to be clear when I vacation in Florida.

AKP OPPOSITION LEADER FORCED TO RESIGN OVER SEX-TAPE

TURKEY'S ISLAMISTS NOW USING BLACKMAIL ON POLITICAL OPPONENTS:

The leader of Turkey's principal opposition party has resigned following the circulation of a video purporting to show him having an affair.

The video allegedly shows Deniz Baykal, who led the secularist Republican People's Party (CHP), in a bedroom with a female CHP politician.

Mr Baykal claimed he was a victim of a government-orchestrated plot.

His party is currently opposing constitutional reforms proposed by the governing AK Party.

Mr Baykal resigned during a news conference on Monday, during which he said such videos could not be aired without the knowledge of the government.

"This is not a sex tape, this is a conspiracy," he said.

TURKEY - UNDER THE THUMB OF THE RULING AKP, AN ISLAMIST PARTY - IS NOW MORE ALIGNED TO IRAN AND SYRIA THAN TO EUROPE AND THE WEST, AND SHOULD BE THROWN OUT OF NATO.

OBAMA PAL WHITAKER: WILL HE BE THE NEXT CHICAGO-MACHINE POL UNDER INVESTIGATION TO COMMIT SUICIDE?


FOUR CHICAGO MACHINE CROOKS HAVE COMMITTED SUICIDE IN THE LAST 2 YEARS.

THE MOST RECENT ONLY LAST WEEK.

NOW THIS:
One of Obama's closest friends part of federal probe

RECORDS SOUGHT | Programs funded by state Health Dept. under Whitaker are targeted

E-mails and other records of Dr. Eric Whitaker -- one of President Obama's best friends -- have been subpoenaed by a federal grand jury, the Chicago Sun-Times has learned.

The investigation involves "faith-based initiatives" and health-awareness campaigns funded by the Illinois Department of Public Health when Whitaker ran the agency for former Gov. Rod Blagojevich, according to copies of subpoenas obtained under the state's Freedom of Information Act.

Obama has said he recommended Whitaker for that job, which Whitaker landed in April 2003. The president's friend resigned in October 2007 to join Obama's wife, Michelle, as an executive at the University of Chicago Medical Center.
I BETCHYA HE TURNS UP DEAD BEFORE NOVEMBER...

Sunday, May 09, 2010

MAN ARRESTED IN KARACHI AIRPORT TRYING TO BOARD WITH ELECTRONICS HIDDEN IN HIS SHOES

I THINK THESE ELECTRONICS WERE PART OF A TRIAL RUN FOR THE ENEMY'S NEXT STRATEGY: ASSEMBLING A BOMB ON BOARD A JETLINER:
"We have recovered four live batteries and a circuit, with a button to switch it on and off."
UPDATE:
The Airport Security Forces (ASF), claiming to have foiled a plane bombing or hijacking, on Sunday apprehended an alleged suicide bomber along with a device commonly used to detonate explosive materials.

A 30-year-old would-be suicide bomber, Faiz Muhammad, was captured by the ASF personnel after a scanner machine installed at the Jinnah International Airport sounded an alarm as Faiz was being scanned, leading to him being immediately taken into custody.

"Faiz was on his way to board a flight for Muscat. ASF personnel conducted a search of the man after a machine sounded an alarm. During the searching, we found devices commonly used to detonate explosive materials installed in his shoes,” ASF official Munir told Daily Times. “The devices included four live batteries and a circuit with buttons for switching it on or off,” he added.

During the initial course of interrogation, the accused revealed that he hailed from Mansehra and was residing along with his family in Karachi. However, he denied involvement with any terrorist organisation and claimed to be a civil engineer.

Faiz told investigators that he had a diploma from an educational institution in Karachi, adding that he had been working in Muscat in a construction company and was going to the country on a new visa to set up his own business.

SO FAR , SO GOOD: THE EURO IS HOLDING UP IN EARLY TRADING

MARKETWATCH:
The euro climbed against its major counterparts in early Asian trading Monday, after European finance ministers agreed late Sunday on a rescue package worth as much as 500 billion euros ($670 billion) aimed at containing damage from Greece's debt woes.

The European financial package was designed to ease market fears that Greece, Portugal or Spain will have to restructure their debt, a move that would have hit European banks. The European Central Bank will buy government bonds in the secondary market to support the program.

European ministers also quashed speculation that the euro zone would be forced to shrink if the crisis continued.

"We shall defend the euro whatever it takes," said Olli Rehn, the European Union's commissioner for economic affairs.
THAT'S JUST WHAT THE MARKETS WANTED TO HEAR.

NOW, ALL THAT REMAINS ARE THESE TWO HURDLES:
  1. BRITAIN MUST ANNOUNCE A GOVERNMENT,
  2. AND EURUPEAN NATIONS AND THE USA MUST CUT TAXES AND SPENDING.

WILL THE EURO CRASH ON MONDAY? CAN ANYBODY STOP IT FROM CRASHING?

THE EURO WAS ONCE ONLY WORTH 90CENTS - ONLY A YEAR AFTER IT WAS FIRST ISSUED, AND FOR THE NEXT THREE YEARS.


MIGHT IT BE WORTH THAT AGAIN - BY THE END OF THE WEEK?

THE EU'S FINANCE MINISTERS THINK THEY CAN STOP IT.

MORE HERE:

European leaders were forced today into radical action in an attempt to save the euro, agreeing for the first time to erect a safety net worth tens of billions for member states in distress. They also wrangled over a much more ambitious scheme to issue guarantees from eurozone governments to raise hundreds of billions on the markets.

With the prospects for the single currency drowning in a tidal wave of debt and default fears, and even the future of the European Union being questioned, EU finance ministers established a modest "stabilisation mechanism" for distressed member states, aimed at reassuring the markets opening tomorrow.The plan represented the most fundamental rewriting of the single currency regime since its inception 11 years ago, after months of hesitation over what to do about the debt crisis in Greece.

However, as the governments engaged in a high-risk gamble to shore up the currency, it was unclear whether the moves would be enough to see off market pressure on the eurozone's weaker links.

HMMM... MAYBE THEY CAN'T SAVE THE EURO...

STAY TUNED...

BTW: UKIP'S LEADER - NIGEL FARAGE - FORESAW THIS IN 2009.


MONDAY UPDATE: A LEADING GERMAN ECONOMIST AGREES THAT THE EURO COULD HIT DOLLAR PARITY.

GOLDSTONE'S RECORD AS AN APARTHEIDIST

It turns out that the disgusting Richard Goldstone, who's sought to demonize Israel for Operation Cast Lead at the UN, has a very disturbing record of his own as an advocate of apartheid:
JERUSALEM - Judge Richard Goldstone gained notoriety in Israel over the past year when the U.N. human rights commission that he chaired made the determination that Israel committed war crimes and criticized the Israeli Defense Forces, which, he claimed, had violated basic human rights.

Judge Richard Goldstone forgot only one thing: to make any mention of his own sordid human rights record.

A special investigation by the Tel Aviv newspaper, Yediot Ahronot, which will be published in this weekend’s Yediot weekend magazine section, will spell out Richard Goldstone’s record as a judge during the apartheid era in South Africa.

It turns out that the judge who authored the U.N. report, which castigated Israel’s three-week incursion into Gaza, took an active part in enforcing the racist policy of one of the cruelest regimes of the 20th Century.

It turns out that when Judge Goldstone sat as a judge in the Court of Appeals in the 1980s and the 1990s, he sent dozens of black people to the gallows without mercy.

This stain on his past did not prevent him from speaking many times against the death penalty and directing sharp criticism at many countries that allowed executions to take place.

Never, it seems in any of his statements, did Judge Goldstone own up to his own actions.

The findings that Yediot Ahronot obtained indicate that Mr. Goldstone sentenced at least 28 black people to death.
Read the rest. Goldstone is a most vile man who should be shunned by all common sense society for his atrocities, and should stand trial for his hypocrisy. I would never want to let him anywhere near my family.

MORE EVIDENCE THAT USA'S JEWS ARE WAKING UP

OBAMA'S SUPPORT AMONG USA JEWS IS NOW HALF OF WHAT IT WAS ON ELECTION DAY 2008.

Guess the photoshop























IN A METAPHORICAL SENSE. NEITHER IS PHOTOSHOPPED...

WE NEED TO REJECT OBAMA AND THE APPEASERS AND GET BACK TO BASICS:

"MILLIONS FOR DEFENSE, BUT NOT ONE PENNY FOR TRIBUTE."

HOW POSTMODERNISM MAY DESTROY US BEFORE THE JIHADO-TERRORISTS

DUE TO ITS IMPORTANCE, I AM SHAMELESSLY LIFTING THIS STEYN POST IN ITS ENTIRETY:

The Suicide Bomb [Mark Steyn]

Apropos my weekend column, a Quebec reader suggests that the Obama Administration should reclassify "terrorism" as "assisted suicide". But these days civilizational suicide doesn't need a lot of assistance. Compare and contrast:

From The Sydney Morning Herald:

The Anglican Church wants Australians to have fewer children and has urged the federal government to scrap the baby bonus and cut immigration levels.

The General Synod of the Anglican Church has issued a warning that current rates of population growth are unsustainable and potentially out of step with church doctrine - including the eighth commandment "thou shall not steal", Fairfax newspapers say.

In a significant intervention, the Anglican Public Affairs Commission has also warned concerned Christians that remaining silent "is little different from supporting further overpopulation and ecological degradation".

On the other hand, consider this story from La Nouvelle Gazette, about a Catholic church in Charleroi, Belgium, that has agreed to share its space with a fast-growing mosque. Underneath the happy talk (aux hommes de bonne volonté, tout est possible) is a story of sweeping demographic transformation. In interviews, the priest, Father Rémy, says he'd love it if there were as many people at his services as at the Muslim prayers. But, for non-francophones, you don't need to know the lingo when you watch the local TV report: Look at the symbols of the Catholic faith being covered up for Muslim worship. The mosque's spokespersons are all young men; the Catholic Church is represented by the lonely Father Rémy, 89.

The bone-crushingly stupid leadership of the Anglican Church says go forth but don't multiply. The future belongs to those who do, and the future is already here.

WHICH IS WHY I HAVE LONG ARGUED THAT TO DEFEAT THE GLOBAL JIHADIST THREAT WE MUST FIRST DEFEAT THE POSTMODERN LEFT HERE AT HOME.

UPDATE:
  • OF COURSE, BIRTH RATES IN THE WEST AMONG JUDEO-CHRISTIANS IS NOT UNSUSTAINABLE AT ALL.
  • RATHER, IT IS THE THIRD WORLD AND MUSLIM WORLD WHICH HAVE UNSUSTAINABLE BIRTH RATES.
  • IT'S INSANE TO ARGUE THAT JUDEO-CHRISTIANS SHOULD DECREASE THEIR BIRTH RATES FURTHER.
  • IT IS SUICIDAL.
  • IT IS IRRATIONAL.
  • IT WON'T CHANGE BIRTH RATES IN THE THIRD WORLD OR IN THE MUSLIM WORLD, EITHER.
  • IT'S INSANE.

NERO FIDDLED; OBAMA GOLFS


THERE'S A CRISIS IN THE GULF COAST - AND IN TENNESSEE.

WHAT DOES OBAMA DO?



HE'S JUST PLAIN AWFUL - AT GOLF AND AT BEING POTUS.