Las Vegas Is ‘Screwed’ – The Water Situation ‘Is As Bad As You Can Imagine’

Las Vegas Is “Screwed”; The Water Situation “Is As Bad As You Can Imagine” (ZeroHedge, June 30, 2014):

“It’s just going to be screwed. And relatively quickly,” warns Tim Barnett, of the Scripps Institution of Oceanography, telling The Telegraph, the situation in Las Vegas is “as bad as you can imagine”. After a devastating, 14-year drought drained the reservoir that supplies 90% of the city’s water, the apparently endless supply of water is an illusion as Las Vegas population has soared. As Barnett ominously concludes, “unless it can find a way to get more water from somewhere, Las Vegas is out of business. Yet they’re still building, which is stupid.”

As The Telegraph reports, as with many things in Sin City, the apparently endless supply of water is an illusion.

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Ukraine President Declares End To Cease-Fire; Vows To ‘Attack & Liberate Our Land’

Ukraine President Declares End To Cease-Fire; Vows To “Attack & Liberate Our Land” (ZeroHedge, June 30, 2014):

As propogandists prepare their “it’s the other guy’s fault” press releases, Ukraine’s President Poroshenko issued a statement declaring the cease-fire over…

  • *POROSHENKO SAYS UKRAINE TO END CEASE-FIRE IN EASTERN REGIONS
  • *POROSHENKO PLEDGES TO MOVE AGAINST REBELS, ‘FREE OUR LAND’
  • *POROSHENKO BLAMES REBELS FOR FAILURE OF PEACE PLAN IN UKRAINE
  • *POROSHENKO SAYS MILITANTS VIOLATED CEASE-FIRE OVER 100 TIMES

Furthermore, his promise to “attack and liberate” the land and resumption of the “anti-terrorist” operations, means civil war is back on (and what appeasrs to be martial law) as he explains Armed Forces, National Guard, the State Border Guard Service, Security Service received appropriate instructions.

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Obama Lied: US Sending 300 Additional Troops Into Iraq, Including Detachment Of Helicopters And Drone Aircraft


–  Obama Lied: US Sending 300 Additional Troops Into Iraq, Including Detachment Of Helicopters And Drone Aircraft (ZeroHedge, June 30, 2014):

The lukewarm war waged by the Nobel peace prize winner is getting warmer by the day. Just out from Reuters:

  • UNITED STATES SENDS UP TO AN ADDITIONAL 300 TROOPS INTO IRAQ, DETACHMENT OF HELICOPTERS AND DRONE AIRCRAFT – PENTAGON

From Bloomberg:

President Barack Obama says he’s sending about 200 more U.S. troops to Iraq to protect Americans and the U.S. Embassy in Baghdad.

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GM Now Without Doubt The Biggest Company Joke In US History: 28.5 Million Cars Recalled In The First Half Of 2014

Here Are The 28.5 Million Cars Recalled By GM In The First Half Of 2014 (ZeroHedge, June 30, 2014):

One could say things about what is now without doubt the biggest company joke in the history of the US – maybe global – automotive sector, putting even East Germany’s infamous Trabant to shame.

Things like following the just announced latest recall of another 7.6 million cars across models from 1997 to 2014, and another 800K+ cars thrown in just because, GM has recalled more cars in the first 6 months of 2014 than it has sold in all of 2011, 2012 and 2013. Which incidentally would be true as the chart below shows.

Gm total recalls vs sales

Things like it took GM over a decade to that these latest recalls affecting cars made in the 20th century resulted in “seven crashes, eight injuries and three fatalities.

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U.S. Supreme Court Gives Obamacare Opponents Biggest Legal Victory Yet

Obamacare-summary


Supreme Court Gives Obamacare Opponents Biggest Legal Victory Yet (ZeroHedge, June 30, 2014):

Moments ago the US Supreme Court – the same Supreme Court which two years ago upheld Obamacare but as a tax, something the administration has since sternly denied – dealt Obamacare its biggest legal blow to date, and alternatively handing Obamacare opponents their largest court victory yet, when in a 5-4 vote SCOTUS ruled that business owners can object on religious grounds to a provision of President Barack Obama’s healthcare law that requires closely held private companies to provide health insurance that covers birth control.

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Iraq Receives First Fighter Jets From “Our Russian Friends”

–  Iraq Receives First Fighter Jets From “Our Russian Friends”  (ZeroHedge, June 30, 2014):

Having offered “complete support” for Iraq’s embattled PM Maliki, the troubled nation receives its first shipment of “America deluded us” Russian fighter jets. As RT reports, the Iraqi Ministry of Defense on Sunday confirmed receiving five Su-25 fighter jets in accordance with the deal with Moscow. Iraqi Army Lieutenant General Anwar Hamad Amen Ahmed explained, “our Russian friends have also sent their own experts to assist us in preparing the aircraft. All the logistics have been planned for as well.” The proxy war continues…

As RT reports,

The first delivery of Russian Sukhoi fighter jets arrived in Iraq on Saturday, the country’s Defense Ministry said. Iraqi Prime Minister Nouri al-Maliki is hoping the jets will make a key difference in the fight against ISIS.

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Chris Hedges: Pity The Children

Afghanistan
An Afghan child looks toward the site of a suicide bombing that occurred near a NATO convoy in Kabul, Afghanistan’s capital, last February.

Pity the Children (Truthdig, June 30, 2014):

By Chris Hedges

For the United States, the wars in Iraq and Afghanistan will be over soon. We will leave behind, after our defeats, wreckage and death, the contagion of violence and hatred, unending grief, and millions of children who were brutalized and robbed of their childhood. Americans who did not suffer will forget. People maimed physically or psychologically by the violence, especially the Iraqi and Afghan children, will never escape. Time and memory will play their usual tricks. Those who endured war will begin to wonder, years from now, what was real and what was not. And those who did not taste of war’s noxious poison will stop wondering at all.

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Earth-Like Planet Has Been Discovered A ‘Stone’s Throw Away’

The Milky Way contains at least 100 billion planets and between 200 and 400 billion stars …


the-earth

One of the most Earth-like planets in the galaxy has been discovered ‘a stone’s throw away’ (Independent, June 30, 2014):

Gliese 832c is a super-Earth located in the ‘Goldilocks zone’ of a solar system 16 light years away

Astronomers have discovered an alien planet that could offer some of the most Earth-like conditions seen to date in the galaxy.

Located just 16 light years away from our planet, Gliese 832c is a super-Earth with a mass 5.4 times that of our own planet orbiting a red dwarf star every 36 days.

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Japan Gov’t-funded Study: Fukushima has released up to 120 Quadrillion becquerels of radioactive cesium into North Pacific Ocean — Does not include amounts that fell on land — Exceeds Chernobyl total, which accounts for releases deposited on land AND ocean (MAP)

Japan Gov’t-funded Study: Fukushima has released up to 120 Quadrillion becquerels of radioactive cesium into North Pacific Ocean — Does not include amounts that fell on land — Exceeds Chernobyl total, which accounts for releases deposited on land AND ocean (MAP) (ENENews, June 30, 2014):

Scientific Reports (Nature.com),  Mar. 4 2014: The total amount of decay-corrected 134Cs in the [subtropical] mode water was an estimated about 6 PBq [petabecquerels, i.e. 6 quadrillion becquerels] corresponding to 10–60% of the total inventory of Fukushima-derived 134Cs in the North Pacific Ocean. […] The decay corrected ratio of 134Cs/137Cs in soils has been calculated to be 1.0, which suggests that the total amounts of 134Cs and 137Cs released from FNPP1 were equivalent. […] the total amount of Fukushima-derived radiocesium in the North Pacific remains uncertain, because it has been difficult to obtain sufficient samples of water, especially from subsurface and deep waters, in the vast North Pacific Ocean […] Estimates of the total 134Cs released to the North Pacific Ocean ranged from 10 PBq (direct discharge of 4 PBq + atmospheric deposition 6 PBq) to 46 PBq (16 + 30 PBq). Thus, the 6 PBq inventory accounts for 10–60% of the total release. However, the total inventory in the subtropical region derived from the activity in STMW [Subtropical Mode Water] may be underestimated, because CMW probably carried the radiocesium into the subtropical region, too […] The estimated inventory in the subtropical region (6 PBq or 10– 60% of the total inventory) is probably a lower limit of estimation because contribution of CMW [Central Mode Water]  was not counted. […]

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Study: Fukushima plutonium in playground 60 km from nuclear plant — “Proves that indeed Plutonium has been emitted by the accident” — Some “in the form of fuel fragments”? — Up to 14 Billion Bq of Pu-239 and-240 released

Flashback:

Scientists Detect Plutonium From Fukushima In Lithuania


Study: Fukushima plutonium in playground 60 km from nuclear plant — “Proves that indeed Plutonium has been emitted by the accident” — Some “in the form of fuel fragments”? — Up to 14 Billion Bq of Pu-239 and-240 released (MAP) (ENENews, June 30, 2014):

German Federal Office for Radiation Protection, PLUTONIUM EMISSION FROM THE FUKUSHIMA ACCIDENT (pdf), 2013 (emphasis added): […] Apparently no explosive fuel fragmentation occurred, so that little, if any of the release happened in the form of fuel fragments. […] Only scattered data are available from the farther surroundings. It can be assumed that continuous and frequent monitoring of environmental media for Pu from locations more distant than a few km was deemed unnecessary […] Given two different sources (global and Fukushima fallout) with different, but known 238Pu : 239+240Pu ratios, the contributions of the both in a sample which is a mixture of both can be calculated […] we estimated a median 2.28 (95% conf. interval 1.98 –2.58), [15] and 2.19 ± 0.48 (1 ), [14], for Fukushima emissions. […] The background Pu ratio in global fallout has been reported 0.035 ± 0.008 […] a map of the 238Pu : 239+240Pu ratio in the region around the NPP […] The “trace” towards NW from the NPP, in which the Pu ratio deviates strongly from the background […] This proves that indeed Pu has been emitted by the accident […] For 238Pu, the Fukushima contribution is much higher than the global one in many places (as detectable at all) because the Pu ratio is much higher in Fukushima (~2.19) than in global fallout (~0.035). […] Keeping with [the total 137Cs release of] 15 PBq given by NISA […] we find an atmospheric emission of 239+240Pu equal 4.2 GBq. Using the upper estimate of released 137Cs, 50 PBq, a release of 14 GBq is found. [NISA 239+240Pu estimate = 6.4 GBq; Zheng et al. 239+240Pu estimate = 1.0 to 2.4 GBq] […] It should be stressed that the evidence of Pu from Fukushima does not pose any radiological concern […]

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McDonald’s Is Secretly Testing Its Own Order-Ahead And Payments App

Exclusive: McDonald’s Is Secretly Testing Its Own Order-Ahead And Payments App (Business Insider, June 24, 2014):

McDonald’s is quietly testing an order-ahead and mobile payment app at a tiny handful of its more than 14,000 U.S. locations.

The pilot is limited to 22 locations in the Columbus, Georgia area. Called “McD Ordering,” the app links to a credit or debit card, which is automatically charged when a customer arrives and scans a QR code displayed at the restaurant.

The phone then displays the customer’s order number. Once everything’s ready, the customer picks up food and drinks — without waiting in a line or interacting with a cashier.

Here’s a tutorial from the app, which is listed in the iOS and Android stores, but has yet to be publicly announced:

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Gold Spikes To 3-Month Highs And Silver Getting Close

are Gold Spikes To 3-Month Highs (ZeroHedge, June 30, 2014):32

It appears the same ‘contagion’ that is driving copper prices higher is also impacting gold and silver this morning. As we have noted previously, the CCFD unwind drives synthetic short (hedge) covering and inevitably rolls down the curve to drive spot strength (as the paper gold market tail wags the ‘physical’ market’s dog). Gold is at 3 month highs and silver getting close.

20140630_gold

One wonders if the following disclosures from Bank of America early this morning had something to do with the move: 

  • Strongest weekly buying of Gold in more than two years
  • Large specs increased their Gold and Silver longs at the strongest pace in two years 

Charted:

bofa gold

And In Retaliation For Outright EU Stupidity … Russia Reveals ‘Plan B’: Gazprom Says Gas Transit Via Ukraine May Be Stopped Completely

Before:

EU Gives Russia Three Days to De-Escalate Ukraine Crisis, Threatens Sanctions

Again, it’s Ukraine vs East Ukraine, but Russia is now told to solve the problem the U.S. and the EU have created in the first place???

Reader Marilyn commented:

“The EU receives E120 billion a year from Russia. Any threats are hot air, nothing more. They better shut up before they start sounding like the mendacious cries of the US.”

Reader squodgy commented:

“This is blatant intimidation.

Vlad has used International Law to prove his stance in the past.

Western MSM presstitutes ignore the other’s argument.

His only option is to fight fire with fire & cut off the gas completely.”

And as predicted here comes Putin’s retaliation.

And this, unlike the EU’s empty intimidation talk, IS a real threat.

The EU seems to feel an urgency to go back to the Neolithic Age. (And I am not joking!!!)

And that is what the EU will get if it is not stopping to act like the US puppet that it is.

If  the gas transit will be stopped completely, then prepare for energy prices (and food prices) to skyrocket.


Putin chess

Russia Reveals “Plan B”: Gazprom Says Gas Transit Via Ukraine May Be Stopped Completely (ZeroHedge, June 30, 2014):

A few days ago, when we wrote our “explainer” on the need for Russia to have an alternative pathway for its gas, one which bypasses Ukraine entirely and as the current “South Stream” framework is set up, crosses the Black Sea and enters Bulgaria before passing Serbia and Hungary on the way to the Central European energy hub located in Baumgarten, Austria, we said that “one short month after Putin concluded the Holy Grail deal with Beijing, he not only managed to formalize his conquest of Europe’s energy needs with yet another pipeline, one which completely bypasses Ukraine (for numerous reasons but mostly one: call it a Plan B), but scored a massive political victory by creating a fissure in the heart of the Eurozone, after Austria openly defied its European peers and sided with Putin.”

Major_russian_gas_pipelines_to_europe

Today we find just what said Plan B is.

As Itar-Tass reports, citing Gazprom CEO Alexei Miller, “Russia’s gas giant Gazprom does not rule out gas transit via Ukraine may be stopped completely.”

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Default Imminent: Argentina Must Pay $539 Million Today

Argentina Must Pay $539 Million Today – Default Imminent (ZeroHedge, June 30, 2014):

Today is the day that Paul Singer and his Elliot Capital Management team have been waiting for. Thanks to SCOTUS’ decision, as Bloomberg reports, Argentina is poised to miss a bond payment today, putting the country on the brink of its second default in 13 years, after a U.S. court blocked the cash from being distributed until the government settles with creditors from the previous debt debacle. The decade-long battle between Argentina and holdout creditors from the country’s $95 billion default in 2001 is coming to a head as the judge’s decision “closes Argentina’s options to finally force it to negotiate,” and “should now stop using these delay tactics and get serious.” Argentina sees it a different way, the ruling “is merely a sophisticated way of of trying to bring us down to our knees before global usurpers,” according to the economy minister Axel Kicillof.

Amid all this, Argentina’ MERVAL remains near all-time record highs… (as equity hopes of devaluation trump bond fears of default)

20140630_MERVAL

As Bloomberg notes, if non-payment were to occur today, default would not be officially triggered yet (forcing Argentina’s hand to negotiate)…

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Top NSA Officials: U.S. Has Turned Into Stasi Germany Or Soviet Union

STASI-USSA1

Top NSA Officials: U.S. Has Turned Into Stasi Germany or Soviet Union (Washington’s Blog, June 30, 2014):

What the Heck Happened to America?

Senior NSA executive Thomas Drake is an expert on spying in Stasi Germany … having studied it for years.

Drake told Washington’s Blog that the U.S. has adopted the Stasi model:

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U.S. Relies On Law From Governments Which Don’t Even HAVE A Constitution To Justify Assassination Of U.S. Citizens By Drone

drone cartoon

U.S. Relies On Law from Governments Which Don’t Even HAVE a Constitution to Justify Assassination of U.S. Citizens By Drone (Washington’s Blog, June 30, 2014):

U.S. Relies On Law of Non-Constitutional Countries

The Fifth Amendment to the U.S. Constitution says:

No person shall … be deprived of life, liberty, or property, without due process of law ….

So how did the legal memorandum “justifying” assassination of U.S. citizens by drone try to sidestep the Fifth Amendment?

It relied on reasoning from two countries that don’t have any constitution.

The New York Times reports:

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What We Can Learn From Lawrence of Arabia (Bill Moyers Essay)

Bill Moyers Essay: What We Can Learn From Lawrence of Arabia (Bill Moyers, June 27, 2014):

As fears grow of a widening war across the Middle East, fed by reports that the Islamic State of Iraq and Syria (ISIS) envisions a region-wide, all controlling theocracy, we found ourselves talking about another war. The Great War – or World War I, as it would come to be called — was triggered one hundred years ago this month when an assassin shot and killed Austria’s Archduke Ferdinand in Sarajevo. Through a series of tangled alliances and a cascade of misunderstandings and blunders, that single act of violence brought on a bloody catastrophe. More than 37 million people were killed or wounded.

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4 Ways That Mass Surveillance Destroys The Economy

4 Ways that Mass Surveillance Destroys the Economy (Washington’s Blog, June 29, 2014):

Prosperity Requires Privacy

Privacy is a prerequisite for a prosperous economy.    Even the White House admits:

People must have confidence that data will travel to its destination without disruption. Assuring the free flow of information, the security and privacy of data, and the integrity of the interconnected networks themselves are all essential to American and global economic prosperity, security, and the promotion of universal rights.

Below, we discuss four ways that mass surveillance hurts our economy.

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