The situation at the Oroville Dam has stabilized for the moment, but more storms are coming this week. When those storms arrive, will authorities be able to avoid the kind of catastrophic incident that almost happened over the weekend? As you will see below, it is being admitted that a collapse of the emergency spillway at Lake Oroville would have sent a “30-foot wall of water coming out of the lake” and into local communities. At one point authorities were concerned that such a collapse was imminent, and that is why they ordered the evacuation of nearly 200,000 people. But many are also concerned that more storms could ultimately cause a catastrophic failure of the infrastructure at the dam that would bring about a “worst case scenario”. According to the experts, if that were to occur we could potentially see a 100 foot tsunami of water wiping out entire cities. (Read More...)
Why Donald Trump Needs The Next Recession To Start As Quickly As Possible
A new recession is coming, and Donald Trump needs it to begin sooner rather than later. As I explained last week, most American voters tend to care about their pocketbooks more than anything else. If the next recession were to officially start during the first quarter of 2017, it would be very easy for Trump to blame it on Obama, and then he could portray himself as the one that pulled the U.S. economy out of recession in time for the 2020 election. But if the next recession does not begin until 2018 or 2019, everybody is going to blame it on Trump even if it is not his fault. In politics, who gets the blame for whatever goes wrong is often the most important thing, and if Trump wants to avoid blame for the next recession he needs for it to start as quickly as possible. (Read More...)
Why The Melted Fuel Under Fukushima Could Poison Our Planet With Nuclear Radiation For 1000s Of Years
Six years ago, an absolutely devastating tsunami caused a triple meltdown at Japan’s Fukushima nuclear power facility. It was the worst environmental disaster in all of human history, and even though six years have passed since that time, nobody knows where the three melted cores are. Just recently, authorities believe that they spotted some melted fuel underneath reactor 2, but even from a distance the level of nuclear radiation that was detected was being described as “unimaginable”. Essentially what we are talking about are three enormous “dirty bombs” that are continuously emitting tremendous amounts of nuclear radiation into the air, water and soil. Some of the radioactive elements that are being released have half-lives that are measured in tens of thousands of years, and so the poisonous effect of these “dirty bombs” could potentially be with us for generation after generation. (Read More...)
Recession 2017? Things Are Happening That Usually Never Happen Unless A New Recession Is Beginning
Is the U.S. economy about to get slammed by a major recession? According to Gallup, U.S. economic confidence has soared to the highest level ever recorded, but meanwhile a whole host of key economic indicators are absolutely screaming that a new recession is beginning. And if the U.S. economy does officially enter recession territory in 2017, it certainly won’t be a shock, because the truth is that we are well overdue for one. Donald Trump has inherited quite an economic mess from Barack Obama, and it was probably inevitable that we were headed for a significant economic downturn no matter who won the election. (Read More...)
Planned Parenthood Workers That Reached Abortion Sales Quota Goals Were Rewarded With Pizza Parties
Could you imagine having a job where you had to meet an “abortion sales quota” every month? According to a shocking new investigation, this was actually happening at Planned Parenthood clinics all over the nation, and workers that reached abortion sales quota goals were rewarded with pizza parties and other incentives. Every year, Planned Parenthood murders hundreds of thousands of precious little children, but that isn’t good enough for them, and so they have their workers aggressively push abortions to the vulnerable young women who come into their facilities. It is a national disgrace, and Planned Parenthood should be defunded by Congress immediately. But of course Planned Parenthood was never defunded after it was revealed that they systematically harvest baby parts and sell them off to the highest bidder, and so many observers are pessimistic that they will be defunded now. (Read More...)
Here Come The Robots – And They Are Going To Take Almost All Of Our Jobs
What is going to happen to society when robots are able to do just about everything better, faster and cheaper than human workers can? We live at a time when technology is increasing at an exponential pace. Incredible advancements in robotics, computer science and artificial intelligence are certainly making our lives more comfortable, but they are also bringing fundamental changes to the workplace. For employers, there are a lot of advantages to replacing human workers with robots. Robots don’t surf around on Facebook when they are supposed to be working. Robots don’t need Obamacare, lunch breaks or vacation days. Robots never steal from the company and they never complain. Up until fairly recently, human workers could generally perform many tasks more cheaply than robots could, but now that is rapidly changing. (Read More...)
Debt Apocalypse Beckons As U.S. Consumer Bankruptcies Do Something They Haven’t Done In Almost 7 Years
When debt grows much faster than GDP for an extended period of time, it is inevitable that a good portion of that debt will start to go bad at some point. We witnessed a perfect example of this in 2008, and now it is starting to happen again. Commercial bankruptcies have been rising on a year-over-year basis since late 2015, and this is something that I have written about previously, but now consumer bankruptcies are also increasing. In fact, we have just witnessed U.S. consumer bankruptcies do something that they haven’t done in nearly 7 years. The following comes from Wolf Richter… (Read More...)
Gorsuch Will Not Shift The Balance Of Power On The Supreme Court As Much As You May Think
On Tuesday, President Trump announced that he would nominate Neil Gorsuch to fill the open seat on the U.S. Supreme Court. Gorsuch currently serves on the 10th U.S. Circuit Court of Appeals in Denver, and he was confirmed unanimously by the Senate when he was appointed to that position by President George W. Bush in 2006. Gorsuch appears to have some strong similarities to Antonin Scalia, and many conservatives are hoping that when Gorsuch fills Scalia’s seat that it will represent a shift in the balance of power on the Supreme Court. Because for almost a year, the court has been operating with only eight justices. Four of them were nominated by Republican presidents and four of them were nominated by Democrats, and so many Republicans are anticipating that there will now be a Supreme Court majority for conservatives. (Read More...)