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LA Times reports Holmes was on the same drug that the Columbine shooter Eric Harris was on.

Anthony Gucciardi
Infowars.com
April 6, 2013

It likely comes as no surprise to those who have been following the disturbing trend of mass shooters over the years, but a new Los Angeles Times report has confirmed that Holmes had been taking the prescription psychotropic drugs Zoloft and Clonazepam (Klonopin) — one of which is the same drug that the Columbine shooter Eric Harris was on.

 

For months now the alternative news media has been predicting that Holmes [...]

Cate Long: Muniland, the Happiest Place on Earth?

from Capital Account:

Municipal bonds, traditionally seen as a safe investment, were the basis of Meredith Whitney’s crisis warnings in 2010. She predicted hundreds of billions of dollars in defaults, telling CBS’s 60 Minutes “there is not a doubt in my mind that you will see a spate of municipal bond defaults… fifty to one hundred sizable defaults. This will amount to hundreds of billions of dollars’ worth of defaults… it will [...]

Porter Stansberry: This is the biggest market anomaly I’ve ever seen

From an interview with The Energy Report:

Stansberry & Associates Investment Research founder Porter Stansberry envisions a future that is anything but rosy, but savvy investors may find solace and security against the crippling inflation he expects. In this exclusive interview with The Energy Report, the popular publisher talks about opportunities in the beaten-down natural gas industry, where investors with good timing have the opportunity to get natural gas “for free” following massive [...]

PIMCO’s Gross: QE3 is back on if job reports are weak

Bill Gross of PIMCO spoke to Bloomberg TV’s Trish Regan this afternoon and said that he is doubtful of another round of quantitative easing in June, but “if we see some weak employment reports over the next two months, then QE3 is back on.”  He also said that there’s a risk of a double-dip recession “if liquidity disappears.”
Gross went on to say that “euro land is a dysfunctional family…more dysfunctional [...]

Iran buying millions of tonnes of wheat from US, Russia, Ukraine, Kazakhstan, Pakistan, Germany, Canada, Brazil, Australia and corn from Argentina:

By Jonathan Saul and Michael Hogan

LONDON/HAMBURG (Reuters) – Vessels carrying at least 360,000 tonnes of grain are lined up to unload in Iran, Reuters shipping data showed on Thursday, a sign that Tehran is succeeding in stockpiling food to blunt the impact of tougher Western sanctions.

Iran has been shopping for wheat at a frantic pace, ordering a large part of its expected yearly requirement in a little over one month [...]

Pay our debt service? Sounds like you advocate becoming a debt

Yes, that’s true.  We are debt slaves given the current monetary arrangement. My fundamental point is that we have a monetary system that can be used to prime aggregate demand without incurring additional debt.  By maintaing the canard that we need to tax to reduce deficits or pay for goods and services only exaccerbates our national situation.

The question is what monetary system works to ensure individual choice in the acquistion [...]

From The Hill: “There’s no doubt in my mind that the debt that we’ve now incurred is already weakening our economy…”

by ZH

In a move that will surprise exactly nobody, the Senate Budget Committee ranking member Jeff Sessions has signaled that “Republicans would oppose the jobs plan President Obama is expected to announce Thursday, saying it would only put the United States further in debt at a time when the debt is already weighing on the economy.” So while nobody even knows yet just what the full [...]

ALERT: Tex. prepares for rolling blackouts

By Jack Z. Smith

jzsmith@star-telegram.com

The head of the Texas Public Utility Commission expressed concern Friday that a new federal air quality rule, set to take effect Jan. 1, will cause disruptions in electric service.

If implementation of the Cross-State Air Pollution Rule is not delayed, “I have no doubt in my mind that this rule will result in reliability issues and rolling outages in Texas,” Donna Nelson [...]

WSJ interview with Stanley Druckenmiller: The profligate spending of the US Congress is out of control and Bernanke’s Fed is simply aiding it along

From WSJ:

“Here are your two options: piece of paper number one—let’s just call it a 10-year Treasury. So I own this piece of paper. I get an income stream obviously over 10 years . . . and one of my interest payments is going to be delayed, I don’t know, six days, eight days, 15 days, but I know I’m going to get it. There’s not [...]

Wow….a lot has happened in the past few hours. My additional thoughts:

by Dogs_In_A_Pile

I just finished watching the videos of the blowout plugs going on the secondary containment boundary.  After watching them about a hundred times there is no doubt in my mind that it was a result of hydrogen buildup that came out of solution during the emergency venting to control pressure.  Hydrogen is used to maintain water chemistry parameters in the primary coolant and when [...]

If one stock-picker emerged intact from the wreckage of the financial crisis, it was Meredith Whitney.

by CNBC

CNBC Meredith Whitney on Closing Bell

With a prescient warning about bank stocks in 2007 — as well as a gift for the perfect sound bite — she became a media darling, celebrated in a Fortune cover article and in frequent television appearances as a market seer.

Until now, that is. These days, Ms.Whitney, 41, finds herself pilloried in the news media and by colleagues for predicting a [...]

John Hussman: “If you have bad banks then you very urgently want to clean up your banks because bad banks go only one way: they get worse.”

John P. Hussman, Ph.D.

House on Ice

In the end every bank is a fiscal problem. When you have bad banks, it is in a political environment where it is totally understood that the government is going to bail them out in the end. And that’s why they are so bad, and that’s why they get worse. So cleaning up the banks is an essential counterpart of [...]