Applicants Wanted for a One-way Ticket to Mars

Melissa Hogenboom
BBC
April 17, 2013

Want to go to Mars? Dutch organisation Mars One says it will open applications imminently. It would be a one-way trip, and the company hopes to build a community of settlers on the planet.

Uncharted waters, mountains or far away lands have always drawn explorers. History books show that desire for adventure, even in the face of extreme danger, did not deter the likes of Columbus orMagellan.

So it is perhaps [...]

ECB is prepared to cut off funding to Cyprus and let the Mediterranean island succumb to financial meltdown if it has to

ECB prepared to let Cyprus go, protect others
20 Mar, 2013, 10.19PM IST

FRANKFURT: The European Central Bank is prepared to cut off funding to Cyprus and let the Mediterranean island succumb to financial meltdown if it has to, confident it has unlimited firepower to protect the rest of the euro zone.

Cyprus propelled the 17-nation bloc into uncharted waters on Tuesday by rejecting a proposed levy on bank deposits as a condition [...]

David Stockman “Were in Uncharted Waters”

http://bloom.bg/RDZqqT

 

David Stockman, former director of the Office of Management and Budget in the Reagan administration, talks about U.S. fiscal policy.

Federal Reserve president warns: We are now in “uncharted waters”

From Newsmax:

The Federal Reserve’s decision to jolt the economy a third time with monetary stimulus measures won’t help the country much but could stoke inflationary pressures down the road, said Dallas Fed President Richard Fisher, a noted inflation hawk.

The Federal Open Market Committee (FOMC) recently announced plans to buy $40 billion in mortgage-backed securities from banks per month on an ongoing basis to spur recovery by injecting liquidity into the [...]

3 Democratic Super PACs joining forces for ‘SUPER SUPER PAC’

By LAUREN FOX

March 12, 2012 RSS Feed Print

The uncharted waters of Super PACs just became a bit murkier.

President Barack Obama’s Priorities USA Action, along with the Democratic Senate’s Super PAC, Majority PAC, and the Democratic House Majority PAC are combining to form the country’s first-ever joint fundraising Super PAC — Unity 2012.[See the latest political cartoons.]

An FEC official told Whispers that there aren’t any regulations prohibiting this kind of fundraising, but confirmed this is unprecedented; it’s [...]

Doug Kass: Here Are Four Factors That Keep Me From Being More Heavily Committed To Equities:

the stock market’s continued volatility and instability;
the growing sovereign debt contagion in Europe (and failure of their leaders/central bankers to respond intelligently);
continuing political partisanship (and failure of our leaders to properly confront our fiscal imbalances and to promote pro-growth policy); and
an inability to gauge whether the erosion in the August sentiment measures (impacted by U.S. stock market and domestic/overseas economic uncertainties) will translate into weakness in [...]

The world is a different place since 2008 and we are traveling uncharted waters

by macholatte

The fundamentals are shifting. Here are some real, hard facts that trump all the numbers:

* There’s a Communist-Muslim in the White House.

* His puppet master is a Nazi.

* The Progressive Party controls the USA political parties.

* The Fed is engaging in behavior that has never been done before.

* 47 Million USA people on food stamps.

* $15T USA debt load @ 90% GDP.

* MSM has become a propaganda machine for [...]

This is a warning to prepare for potential stealth bank runs cascading from North Africa and Ireland through to EU regional banking centers.

by Gordon T. Long of Tipping Points

Beware of Lurking North Africa & EU Bank Runs (abridged version of EU & North Africa Bank Run Contagion Research Report)

Stealth bank runs are the unrecognized and perilous serpent lurking presently below the European financial surface. They prey on slower moving archaic bond vigilantes and anyone else swimming in these dangerous uncharted waters.

Investors need to fully appreciate that a modern [...]

This ain't the 30's depression nor Japan in the 90's.

I’m a historian so I’m not saying that don’t matter but seems far too many are attempting to fight this crisis as if it were one of those. It ain’t.

As noted above by many, there are so many critical differences between these crisis…so stop trying to treat this one as if it’s one of those. It ain’t.

Honestly, we have never been here before. These are uncharted waters in modern times. [...]

The global economy is moving through dark and uncharted waters.

Every bit of growth we’ve observed over the past year can be traced directly back to government deficit spending, with ZERO private sector expansion when those deficits are factored out. All the “good news” reported over the past year is due to massive government intervention within the market. Debt-fueled booms from the public sector all too often provide false affirmation of the government’s fiscal and monetary policies. The Federal Reserve [...]