Sunday, August 08, 2010

Since this blog is partly meant to be a record of our times, I should update now with a news blitz...

For about four months, there was a disaster in the Gulf of Mexico. An oil rig caught fire and exploded, the wellhead at the ocean floor freely gushed oil, fouling the marshes of the coast. This leak even stopped the loop current which joins the Gulf Stream. The events started on April 20-22, on Earth Day. The platform, rig, and service support team were owned or leased by TransOcean, BP, and Halliburton. BP got most of the blame, but insiders suspect sabotage by Halliburton, to help usher in Cap and Trade legislation, and obscure the Obama -damaging Blagovich trial, which it did.
Corexit, a highly toxic 'dispersant,' was used to thin the oil slick, but this was thought to be unecessary and remains controversial.
Throughout the crisis, many people succumbed to doomsday scenarios and a few even thought that this event could trigger 'the end of the world'. At the moment, the crisis seems to have abated. Obama did take some heat for mishandling the disaster...

Isreali gestapo units attacked a civilian aid flotilla in international waters, en route to Gaza, killing several. The furor over this act was soon squelched in the USA by a controversy over a comment by an aging journalist- after this comment, the Jewish owned media here focused on what was said, and little else was ever heard about the violent incident. The international political fallout for Israel was severe, however.

'Recovery summer' was a mirage...unemployment remains high, officially at 9.8%, but unofficially over 16%. The stimulus -money infusion into the economy failed.


Post a Comment

<< Home