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Keyword: boom

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  • Boom and bust capitalism won't be fixed (We've squandered the opportunity to make real changes)

    09/03/2009 4:56:32 AM PDT · by SeekAndFind · 12 replies · 565+ views
    The Telegraph ^ | 9/3/2009 | Edmund Conway
    Finance ministers are now simply papering over cracks having squandered the opportunity to make real changes to the way the world economy works. There is a hideous hissing noise escaping from the world economy, the piercing sound of deflating ambitions. Any hopes that, in this crisis, we would find an opportunity to redesign our system of capitalism and finance are all but forlorn. Any prospect that the leading nations would overhaul either the banking system or the wider framework that ties our economies together, and so prevent another crisis, has pretty much disappeared. We know this because, this weekend, finance...
  • Rep. Pete Sessions accuses Obama of deliberately driving stock market down

    05/11/2009 6:11:54 PM PDT · by nickcarraway · 35 replies · 1,644+ views
    Dallas Morning News ^ | Monday, May 11, 2009 | TODD J. GILLMAN
    U.S. Rep. Pete Sessions of Dallas, a member of the House Republican leadership, is accusing President Barack Obama of intentionally driving up unemployment and dampening stock prices in a bid to consolidate power. Sessions told The New York Times that the administration intends to “diminish employment and diminish stock prices” as part of a “divide and conquer” strategy. And he asserted that the Obama agenda is “intended to inflict damage and hardship on the free enterprise system, if not to kill it.” White House aides declined to comment. Other Democrats denounced Sessions for accusing the president of economic sabotage. Rep....
  • WTF was that? Loud rolling booming noise North San Diego

    05/05/2009 7:50:09 PM PDT · by BreitbartSentMe · 94 replies · 3,758+ views
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    WTH?
  • Ventura City Manager Rick Cole to California Real Estate Industry: ‘Get Real!’

    04/05/2009 11:45:16 AM PDT · by Lorianne · 17 replies · 1,162+ views
    The Planning Report ^ | March 2009 | Rick Cole
    Looking back three years ago, it is hard to fathom how much has changed from the frenzied pace of development then going forward. Land and housing prices were still rising, ever-larger development projects were being launched, and growth debates were raging across Southern California. That’s all gone now. As key real estate players suddenly find themselves without jobs, as more developers file bankruptcy, and more projects bite the dust, the depth of this “downturn” is sinking in. Many, of course, have “been through this before.” By that they mean, they’ve weathered the cyclical postwar busts that have intermittently interrupted the...
  • Acoustic superlens could cloak objects from sonar

    04/01/2009 4:27:03 PM PDT · by Flavius · 3 replies · 559+ views
    technologyreview ^ | 4/1/09 | mit
    First experimental demonstration of a technology that could trigger a new game of cat and mouse beneath the waves
  • Iran able to build nuclear bomb in year: Israel

    03/25/2009 2:59:14 PM PDT · by Flavius · 6 replies · 369+ views
    afp ^ | 3/25/09 | afp
    Iran will have the capacity to build a nuclear bomb within a year but is not rushing into production, the head of Israel's military intelligence claimed on Wednesday. *snip* But he stressed it was too early to conclude that the international campaign to prevent Iran from getting a nuclear weapon has failed and that a mix of pressure and dialogue could still work.
  • Alaska's Redoubt volcano erupts three times

    03/23/2009 4:14:42 AM PDT · by wolfcreek · 51 replies · 1,716+ views
    Newsminer.com ^ | 3.23.2009 | n/a
    FAIRBANKS — After months of rumbling, Alaska’s Mount Redoubt volcano erupted three times late Sunday and early Monday.
  • UPDATED: Mysterious Boom Rattles CSRA....

    Aiken, Richmond and Columbia counties. Local law enforcement agencies also report hearing the boom, but no one knows what caused it. Chris Turner, and Aiken County resident, told WJBF News Channel 6’s Sheena Bodie what he saw and heard, in a phone interview. We have also been informed that two Aiken County Sheriff’s Office deputies reportedly saw a fireball in the sky. An Aiken County resident describes to WJBF that he saw a fireball in the sky, after a loud boom was heard all over the CSRA around 3:00 a.m., Friday morning. Dr. Gary Senn, the director of the DuPont...
  • Iran Goes to Space

    02/04/2009 3:40:04 AM PST · by atomic conspiracy · 9 replies · 561+ views
    Space Daily-Opinion ^ | 2-04-09 | Andrei Kislyakov
    On February 3, Iran fulfilled its promise to launch its first satellite, Omid (Hope), into orbit by its own carrier rocket before the end of the Iranian year (which ends in March). The world media reported that it has already transmitted a message from the Iranian leader to the effect that the successful launch "officially seals Iran's presence in space." The technical details of this start may be very interesting, but they are not decisive. What difference does it make if the satellite works in orbit for the declared several months, or merely makes a suborbital flight? The bottom line...
  • Man accused of planning to blow up Mall of America and threatening Obama

    01/29/2009 9:52:41 AM PST · by ButThreeLeftsDo · 30 replies · 960+ views
    KARE11.com ^ | 1/29/09 | AP
    A Colorado man has been indicted on charges of threatening to kill President Barack Obama and blow up the Mall of America in suburban Minneapolis. A federal grand jury in Denver handed up the indictment Tuesday against 20-year-old Timothy Ryan Gutierrez of Cortez. The U.S. attorney's office said Thursday Gutierrez isn't yet in custody. Gutierrez has no listed phone number and it's not known if he has an attorney.
  • Obama's Public Spending Program: A Very Expensive Farce

    01/13/2009 2:24:36 PM PST · by arthurus · 2 replies · 452+ views
    Seeking Alpha ^ | January 12, 2009 | Gerard Jackson
    Poor Obama just cannot get his story straight. Over the last two months he has given America several proposals about the number of jobs he is going to "save" as well as "create". The great thing about 'saving' jobs is that no matter how high unemployment rises, he can and will assert...
  • Shuttle Endeavour’s sonic boom heard across O.C.

    11/30/2008 10:45:31 PM PST · by JohnJeykis · 15 replies · 1,160+ views
    OCregister - ScienceDude ^ | November 30th, 2008 | Gary Robbins
    More than 150 readers have contacted us to say they heard the twin sonic boom produced by the space shuttle Endeavour moments before it made a perfect landing at Edwards Air Force Base in the Mojave Desert. We’re hearing from people everywhere from Rancho Santa Margarita to Irvine to Fullerton to Chino to Panorama City, Palmdale, Burbank and Ventura.
  • America's Unsustainable Boom

    11/22/2008 10:51:47 PM PST · by WesA · 19 replies · 788+ views
    www.mises.org ^ | 11/8/2004 | Stefan Karlsson
    "...But the sector that poses the biggest threat to the economy is the household sector which is spending and borrowing at an unsustainable level. The household savings rate which in the early 1980s was more than 10% of disposable income is now only 1% which is a record low and actually somewhat lower than when the stock market bubble reached its peak. At the same time household debt has risen steadily, from roughly 65% of disposable income in the early 1980s to 80% in the early 1990s to 95% in 2000 to 114% in the second quarter of this year.In...
  • No theory can stop recurrent boom and bust ( it's the nature of things -- live with it ! )

    09/23/2008 4:24:18 PM PDT · by SeekAndFind · 13 replies · 232+ views
    Times Online | Sept 23,2008 | William Rees-Mogg
    In 1847, a Dr Hyde Clark wrote a paper entitled Physical Economy - a Preliminary Inquiry into the Physical Laws Governing the Periods of Famines and Panics. His paper was published in the Railway Register. It opens with the comment: “We have just gone through a time of busy industry and are come upon sorrow and ill-fortune; but the same things have befallen us often within the knowledge of those now living...a period of bustle, or of gambling, cut short in a trice and turned into a period of suffering and loss, is a phenomenon so often recorded, that what...
  • Kerosene company has new Web site with recall info (tainted with gas) Penn, Ohio, NY, WV

    09/21/2008 5:21:38 PM PDT · by Libloather · 2 replies · 147+ views
    Post Gazette ^ | 9/09/08
    Kerosene company has new Web site with recall infoTuesday, September 09, 2008 Pittsburgh Post-Gazette Pittsburgh Terminals Corp. announced today it has established a new Web site (www.kerosenerecall.com) to provide customers with up-to-date information about the company's recall of kerosene sold between May 1 and Aug. 19 in Western Pennsylvania, eastern Ohio, southwestern New York and northern West Virginia. All kerosene sold during that time is being recalled because it may be contaminated with gasoline, creating a risk of fire, explosion and serious injury. "We've had a steady return of kerosene since the recall began, but we are still very concerned...
  • Report: Top Al Qaeda Leader Killed

    08/12/2008 1:10:51 AM PDT · by Deetes · 46 replies · 209+ views
    http://www.foxnews.com/ ^ | Tuesday, August 12, 2008 | FOX NEWS
    BREAKING NEWS — Senior Al Qaeda commander Abu Saeed al-Masri has been killed in recent clashes with Pakistani forces in a Pakistani region near the Afghan border, a security official told Reuters on Tuesday. "He was believed to be among the top leadership of Al Qaeda," the senior security official told the news agency on condition of anonymity. Al-Masri, which means Egyptian, was the senior most Al Qaeda operative
  • Report: Convoy shipping arms to Hizbullah destroyed in Tehran blast

    07/25/2008 2:34:38 AM PDT · by atomic conspiracy · 13 replies · 260+ views
    Y-NET (Israel) ^ | 7-25-08 | Staff
    London-based Daily Telegraph reports of mysterious blast in military convoy leaving Revolutionary Guards Base last weekend. At least 15 people killed in explosion, but Iranian authorities seeking to silence incident Was sabotage responsible for disrupting a shipment of arms from Iran to Hizbullah? The London-based Daily Telegraph newspaper reported Friday of a mysterious explosion which devastated an Iranian supply convoy intended to reach Hizbullah. According to the report, the strong blast took place in one of Tehran's suburbs as a military convoy left a Revolutionary Guards' ammunition storehouse. At least 15 people were killed in the explosion. Western sources reported...
  • Commodities Boom Recalls 70s Surge; Prices Not There Yet

    06/27/2008 7:34:42 PM PDT · by TigerLikesRooster · 24 replies · 99+ views
    Cattlenetwork ^ | 06/27/08
    Commodities Boom Recalls 70s Surge; Prices Not There Yet CHICAGO (Dow Jones)--Despite record highs that seemed unthinkable to many just a year ago, most commodities prices still have a long way to go before inflicting the pain global consumers felt in the 1970s. An analysis of 18 different commodities by Barclays Capital shows that only crude oil and heating oil have surpassed inflation-adjusted highs from almost 30 years ago. Of key food commodities, the closest to those highs is corn, which was still 42% below its inflation-adjusted October 1974 peak as of Thursday's close. Wheat was 57% below its 1970s...
  • [UK] Army ‘vacuum’ missile hits Taliban

    06/21/2008 3:45:28 PM PDT · by Berlin_Freeper · 67 replies · 135+ views
    timesonline.co.uk ^ | June 22, 2008 | Michael Smith
    Apache attack helicopters have fired the thermobaric weapons against fighters in buildings and caves, to create a pressure wave which sucks the air out of victims, shreds their internal organs and crushes their bodies. ...When it hits the target, the charge disperses the aluminium powder throughout the target building. The cloud then ignites, causing a massive secondary blast that tears throughout any enclosed space. The blast creates a vacuum which draws air and debris back in, creating pressure of up to 430lb per sq in. The more heavily the building is protected, the more concentrated the blast. ...When the American...
  • Hamas militant killed in explosion in Gaza City

    05/31/2008 3:12:09 AM PDT · by river rat · 11 replies · 177+ views
    Foxnews ^ | May 31, 2008
    GAZA CITY, Gaza Strip — An explosion in the house of a Hamas militant killed him and wounded 16 of his relatives and neighbors, health officials said Saturday. Doctors say two are in critical condition. The Palestinian Interior Ministry says it's investigating the cause of the blast at the home of Hamas activist Nader Abu Shaban. Hamas officials say Abu Shaban was handling explosives just before the blast.