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PDF:  Geomagnetic Storms, EMP and Nuclear Armageddon (Nexus Magazine Article)

- Geomagnetic Storms, EMP and Nuclear Armageddon (Nexus Magazine Article) (When Technology Fails):

There are nearly 450 nuclear reactors in the world, with hundreds more either under construction or in the planning stages. There are 104 of these reactors in the USA and 195 in Europe. Imagine what havoc it would wreak on our civilization and the planet’s ecosystems if we were to suddenly witness not just one or two nuclear melt-downs but 400 or more! How likely is it that our world might experience an event that could ultimately cause hundreds of reactors to fail and melt down at approximately the same time?  I venture to say that, unless we take significant protective measures, this apocalyptic scenario is not only possible but probable.

Consider the ongoing problems caused by three reactor core meltdowns, explosions, and breached containment vessels at Japan’s Fukushima Daiichi facility, and the subsequent health and environmental issues. Consider the millions of innocent victims that have already died or continue to suffer from horrific radiation-related health problems (“Chernobyl AIDS”, epidemic cancers, chronic fatigue, etc) resulting from the Chernobyl reactor explosions, fires, and fallout. If just two serious nuclear disasters, spaced 25 years apart, could cause such horrendous environmental catastrophes,  it is hard to imagine how we could ever hope to recover from hundreds of similar nuclear incidents occurring simultaneously across the planet. Since more than one third of all Americans live within 50 miles of a nuclear power plant, this is a serious issue that should be given top priority![1]

In the past 152 years, Earth has been struck roughly 100 solar storms causing significant geomagnetic disturbances (GMD), two of which were powerful enough to rank as “extreme GMDs”. If an extreme GMD of such magnitude were to occur today, in all likelihood it would initiate a chain of events leading to catastrophic failures at the vast majority of our world’s nuclear reactors, quite similar to the disasters at both Chernobyl and Fukushima, but multiplied over 100 times. When massive solar flares launch a huge mass of highly charged plasma (a coronal mass ejection, or CME) directly towards Earth, colliding with our planet’s outer atmosphere and magnetosphere, the result is a significant geomagnetic disturbance.

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Tags: Chernobyl, Chernobyl AIDS, electricity, Energy, Fukushima, Global News, Government, Japan, Nuclear, Nuclear reactors, Politics, Science, Solar Flare, Technology, Unemployment

- This is Europe’s Scariest Chart (ZeroHedge, Jan. 30, 2012):

Surging Greek and Portuguese bond yields? Plunging Italian bank stocks? The projected GDP of the Eurozone? In the grand scheme of things, while certainly disturbing, none of these data points actually tell us much about the secular shift within European society, and certainly are nothing that couldn’t be fixed if the ECB were to gamble with hyperinflation and print an inordinate amount of fiat units diluting the capital base even further. No: the one chart that truly captures the latent fear behind the scenes in Europe is that showing youth unemployment in the continent’s troubled countries (and frankly everywhere else). Because the last thing Europe needs is a discontented, disenfranchised, and devoid of hope youth roving the streets with nothing to do, easily susceptible to extremist and xenophobic tendencies: after all, it must be “someone’s” fault that there are no job opportunities for anyone. Below we present the youth (16-24) unemployment in three select European countries (and the general Eurozone as a reference point). Some may be surprised to learn that while Portugal, and Greece, are quite bad, at 30.7% and 46.6% respectively, it is Spain where the youth unemployment pain is most acute: at 51.4%, more than half of the youth eligible for work does not have a job! Because the real question is if there is no hope for tomorrow, what is the opportunity cost of doing something stupid and quite irrational today?

Tags: ECB, Economy, EU, Europe, GDP, Global News, Greece, Portugal, Society, Spain, Unemployment

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- US: As ’11 Just Ended Here Are 11 Charts Of 11 Disturbing 11 Year Trends

Tags: Banking, Dictatorship, Dollar, Economy, Fed, Federal Reserve, Gerald Celente, Global News, Government, Law, Max Keiser, MF Global, NDAA, New World Order, Obama administration, Paul Craig Roberts, Police State, Politics, Quantitative Easing, Society, U.S., Unemployment

- As ’11 Ends, 11 Charts Of 11 Disturbing 11 Year Trends (ZeroHedge, Dec. 30, 2011):

As we pop the corks of our proverbial champagne this weekend with an eye to a better year ahead, perhaps it is worth thinking about these 11 incredible trends that have evolved in a rather disturbing manner over the last 11 years. As John Lohman points out, the 21st century has not been pretty for ongoing centrally planned attempts to defer the 30 year overdue mean reversion.

Tags: Ammunition, Debt, Economy, GDP, Global News, Gold, Government, Guns, Politics, Society, Stock Market, U.S., Unemployment

Related info:

- Six Walton Family Members Net Worth Equal To Bottom 30 Percent Of All Americans

- Census data: Half of U.S. poor or low income (CBS News/AP, Dec. 15, 2011):

WASHINGTON – Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income.

The latest census data depict a middle class that’s shrinking as unemployment stays high and the government’s safety net frays. The new numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families.

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Tags: Collapse, Economy, Global News, Poverty, Society, U.S., Unemployment

- US Needs To Generate 263,700 Jobs Monthly To Return To Pre-Depression Employment By End Of Obama Second Term (ZeroHedge, Dec. 2, 2011):

We will simply copy and paste, with the appropriate adjustments, the form text we put up after each and every NFP report calculating the number of people that have to be added by the end of a hypothetical second Obama term. Using the November boilerplate: “Every few months we rerun an analysis of how many jobs the US economy has to generate to return to the unemployment rate as of December 2007 when the Great Financial Crisis started, by the end of Obama’s potential second term in November 2016. This calculation takes into account the historical change in Payroll and includes the 90,000/month natural growth to the labor force, and extrapolates into the future. And every time we rerun this calculation, the number of jobs that has to be created to get back to baseline increases: First it was 245,500 in April, then 250,000 in June, then 254,000 in July then 261,200 in October [and finally 262,500 in November] . As of today, following the just announced “beat” of meager NFP expectations, this number has has just risen to an all time high 262,500 263,700. This means that unless that number of jobs is created each month for the next 5 years, America will have a higher unemployment rate in October 2016 than it did in December 2007. How realistic is it that the US economy can create 15.8 million jobs in the next 61 60 months? We leave that answer up to the US electorate.”

Tags: Barack Obama, Economy, Global News, Government, Obama administration, Politics, U.S., Unemployment

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- Dr. Paul Craig Roberts: The Day America Died – The Only Future For Americans Is A Nightmare

Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.

Dr. Paul Craig Roberts

- The End of History: Now that the CIA’s proxy army has murdered Gadhafi, what next for Libya? (Global Research, Oct. 21, 2011):

If Washington’s plans succeed, Libya will become another American puppet state. Most of the cities, towns, and infrastructure have been destroyed by air strikes by the air forces of the US and Washington’s NATO puppets. US and European firms will now get juicy contracts, financed by US taxpayers, to rebuild Libya. The new real estate will be carefully allocated to lubricate a new ruling class picked by Washington. This will put Libya firmly under Washington’s thumb.

With Libya conquered, AFRICOM will start on the other African countries where China has energy and mineral investments. Obama has already sent US troops to Central Africa under the guise of defeating the Lord’s Resistance Army, a small insurgency against the ruling dictator-for-life. The Republican Speaker of the House, John Boehner, welcomed the prospect of yet another war by declaring that sending US troops into Central Africa “furthers US national security interests and foreign policy.” Republican Senator James Inhofe added a gallon of moral verbiage about saving “Ugandan children,” a concern the senator did not have for Libya’s children or Palestine’s, Iraq’s, Afghanistan’s and Pakistan’s.

Washington has revived the Great Power Game and is vying with China. Whereas China brings Africa investment and gifts of infrastructure, Washington sends troops, bombs and military bases. Sooner or later Washington’s aggressiveness toward China and Russia is going to explode in our faces.

Where is the money going to come from to finance Washington’s African Empire? Not from Libya’s oil. Big chunks of that have been promised to the French and British for providing cover for Washington’s latest war of naked aggression. Not from tax revenues from a collapsing US economy where unemployment, if measured correctly, is 23 percent.

With Washington’s annual budget deficit as huge as it is, the money can only come from the printing press.

Washington has already run the printing press enough to raise the consumer price index for all urban consumers (CPI-U) to 3.9% for the year (as of the end of September), the consumer price index for urban wage earners and clerical workers (CPI-W) to 4.4% for the year, and the producer price index (PPI) to 6.9% for the year.

As statistician John Williams (shadowstats.com) has shown, the official inflation measures are rigged in order to hold down cost of living adjustments to Social Security recipients, thus saving money for Washington’s wars. When measured correctly, the current rate of inflation in the US is 11.5%.

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Tags: Africa, Barack Obama, China, Debt, Economy, Global News, Government, Inflation, John Williams, Libya, Military, Obama administration, Paul Craig Roberts, Politics, Society, U.S., Unemployment

Flashback:

- Welcome to the Recovery (New York Times, by Timothy Geithner, August 2, 2010)

‘Recovery’ is the ‘Greatest Depression’.

- Budget cuts claim hundreds of thousands of county, city jobs (USA Today, Oct. 18, 2011):

Local governments, once a steady source of employment in tough economic times, are shedding jobs in unprecedented numbers, and heavy payroll losses are expected to persist into next year.

The job cuts by city and county governments are helping offset modest private-sector employment gains, restraining broader job growth.

“They’ll continue to be a drag on the overall (employment) numbers and the economy,” says Wells Fargo economist Mark Vitner.

Localities have chopped 535,000 positions since September 2008 to close massive budget deficits resulting largely from sharp declines in property tax receipts. That exceeds the 413,000 local government jobs cut from 1980 to 1983, the only other substantial reduction in local government employment, according to federal records that go back to 1955.

Christopher Hoene, research director for the National League of Cities, estimates an additional 265,000 or so jobs could be eliminated by the end of 2012.

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Tags: Global News, Government, Politics, U.S., Unemployment

- Millions could lose unemployment benefits in 2012 (CNN Money, Oct. 11, 2011):

Millions of unemployed Americans are waiting for Congress to do something other than trade barbs over their job creation plans.

If lawmakers don’t act soon, the jobless see their unemployment checks start to disappear come January.

More than 6 million Americans are set to lose federal unemployment benefits in 2012, with 1.8 million running out in January alone, according to new figures from the National Employment Law Project.

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Tags: Barack Obama, Economy, Global News, Government, Obama administration, Politics, Society, U.S., Unemployment

- Unemployment Rises By 80,000 To Hit 2.51 Million (Huffington Post, Sep. 14, 2011):

Unemployment jumped by 80,000 in the three months to July to reaching 2.51 million, the largest increase in two years, official figures have revealed.

The Office For National Statistics said the jobless rate now stands at 7.9 per cent, with figures showing a sharp spike in youth unemployment of 78,000, taking the total to 973,000.

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Tags: Economy, Global News, Government, U.K., Unemployment