Convoy (1975)

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Demonstrators are marching on Wall Street today on the third day of a campaign dubbed "Occupy Wall Street," which began on Saturday when thousands gathered in New York City’s Financial District. Inspired by the massive public protests in ( Read more... )

Post your thoughts on peak oil this week. It went up, then it crashed back down again. The stock market crashed. The currency markets are all kinds of crazy and the dollar keeps weakening. Reactions to the UK riots and the US President's lowest economic approval rating for any president in the last century, including Herbert Hoover, have caused ( Read more... )

Wanna know why there are race riots in Britain? Here's why.

And why the violent reaction? It has happened before. The Guns of Brixton say it all, don't they?

A very bad day in the stock markets around the world. This is what happens when the EU is on the verge of default and the USA gets its credit rating downgraded. Its not the end of the world, but its not a good thing either. On the plus side, eventually we'll find ourselves around 20% our former insane levels and we can grow our economy in a sane ( Read more... )

For those who weren't paying attention, the global economy hit a speed bump last week. Investors panicked, justifiably, because federal spending is going to pretty well stop on frivolous crap. Since many business sectors rely on those frivolous spending dollars, they're going to take the shot right in the heuvos. This also impacts oil demand, since ( Read more... )

Thanks to the worldwide derivatives bomb screwing up currencies, oil didn't really superspike like we expected it to years ago. Instead we get large and small scale demand destruction via unemployment. The accelerating wealth of the bubble years (mid 00's) died with the pyramid scheme and we're left facing a peculiar problem ( Read more... )

I figured some of you might be interested ( Read more... )

So the US govt has hosed the USA's economy with its new budget. If your job is in ANY WAY connected to Federal Funding, kiss it goodbye. I work in R&D so mine is going to go away pretty soon. If you're in education or any kind of govt job, kiss it goodbye. If you're receiving any kind of federal funding at all, say goodbye. Once you find that shred ( Read more... )