Tuesday’s State of the Union address is at 9:00 p.m. ET, which is 11:00 a.m. Korean time.
North Korea has pulled manpower and equipment out of its nuclear test site, a report said Monday, which cited the move as a possible sign of an imminent blast.
South Korea’s Yonhap news agency said that Seoul has been keeping close watch on the underground Punggye-ri nuclear test site, as no movement of manpower and [...]
Breaking News: Iran’s supreme leader rejects U.S. offer of talks: official website
Boeing’s new missile takes down electronics without touching them
Researchers at Boeing’s Phantom Works succeeded last week when tests of their new weapon proved it to be even more potent than expected.
They call it the Counter-electronics High-powered Advanced Missile Project, or CHAMP.
The tests in Utah had the missile buzzing test structures full of electronics and cameras.
The idea is that targeting [...]
Wow very nice video. Starts of a little slow but it is worth listening to.
Basically he is saying that North Korea is tempting the nations specifically the US to give them a reason to attack and he gives specific and very interesting details. If you have the time listen to what this man has to say.
The U.S. Supreme Court on Tuesday refused to consider a challenge to a 2008 federal law granting immunity to AT&T Inc and other telecommunications companies for helping the government eavesdrop on customers’ private phone conversations.
Section 802 of the Foreign Intelligence Surveillance Act, passed in the wake of the attacks of September 11, 2001, bars a variety of civil actions against anyone providing assistance to the intelligence community.
Read the rest of [...]
After months of sea trials, China is set to formally deploy its first aircraft carrier on Aug. 1, according to U.S. officials.
The carrier is currently undergoing 25 days of sea trials in the Bohai Sea over the northern coast of China, and the Aug. 1 deployment will coincide with the anniversary of the founding the communist-ruled People’s Liberation Army.
Photos posted on the Chinese Internet also revealed that China will outfit [...]
Sometimes we all get a little reminder of just how completely and totally dependent we are on the power grid. Massive thunderstorms that ripped through Ohio, West Virginia, Maryland, Washington D.C. and Virginia left millions without power over the weekend. At this point it is being projected that some people may not get power back until the end of the week. The “super derecho” storm that pounded the Washington [...]
This just crossing the streams:
ECB TO STOP PREPARATIONS FOR COLLATERAL MANAGEMENT PROGRAM
We have no idea what this means, but rumor is that the ECB finally looked at its “collateral” and found a picture of the Athens Ministry of Finance…
And the actual statement:
15 June 2012 – Eurosystem collateral management services and systems
The Governing Council of the European Central Bank (ECB) has decided to discontinue the preparations for the Collateral Central Bank [...]
1. ”The U.S. Economy Is The Greatest Economy On The Planet – There Is No Way That It Could Ever Collapse”
2. ”Once Barack Obama Wins The Election Everything Will Be Better”
3. ”Once Mitt Romney Wins The Election Everything Will Be Better”
4. ”When Things Get Really Bad The Government Will Take Care Of Us”
5. ”When Disaster Strikes I Will Just Steal From Everyone Else That Has Been Busy Preparing”
6. ”The Rapture Will Be At Any Moment [...]
I could get silver dollars at the bank for one dollar in 1963. Same silver dollar today is $30 bank debt notes and buys twice today what it bought in 1963. Dow in 1963 was $700. Dow in 2012 in real silver dollars is $600. I think that is about right.
The baby boom caused the run up from 1971 to 2000, the bubble in stocks and real estate, and the [...]
My new housing sales to employment ratio – note that the housing market CREATES jobs, and the JOBS create the housing market. NEITHER is CREATING ANYTHING:
Year â€¦. Ratio â€¦. Total (1,000) â€¦. Emp (1,000)
1963 â€¦. 0.780 â€¦. 560 â€¦. 71,833
1964 â€¦. 0.773 â€¦. 565 â€¦. 73,091
1965 â€¦. 0.772 â€¦. 575 â€¦. 74,455
1966 â€¦. 0.608 â€¦. 461 â€¦. 75,770
1967 â€¦. 0.631 â€¦. 488 â€¦. 77,347
1968 â€¦. 0.622 â€¦. 490 â€¦. [...]
Note that the last three years the labor pool has not grown at all – never before happened, the worst three years of new housing sales are the last three, and the ratios have plummeted after 9 years above average. I track this for two reasons – one, the market for new homes is the labor force, and if they are buying, things are going [...]