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Showing posts from August 21, 2011

THE EUROPEAN UNION COULD SEE EXIT OF GREECE AND POSSIBLY PORTUGAL IN THE NEXT 5 YEARS...AS STRAIN OF BAILING OUT IRRESPONSIBLE MEMBERS TAXES CREDIT RATINGS OF GERMANY...

EZ Scenario Analysis Update: The Next Storm

By Elisa Parisi-Capone, Nouriel Roubini and David Nowakowski

Aug 8, 2011 5:45:00 PM | Last Updated



The ECB’s extension of the Securities Markets Program (SMP) to include Italian and Spanish securities—backed by a front-loaded fiscal and structural reform commitment from those countries, as well as a renewed pledge from Franco-German and G7 policy makers to safeguard the stability of the eurozone (EZ) and U.S. financial systems—was indispensable to prevent Italy and Spain from eventually losing market access. 


However, ECB bond purchases, even if done on a large scale, provide but short-term relief. 

In view of controversial fiscal integration choices with respect to the long-term stabilization of the EMU framework, a series of sequential public debt reschedulings with bail-ins, potentially even in large countries, is the most likely outcome over the next couple of years. This may be followed by selective exits from the EMU, with the departures …

THE ULTIMATE OFF ROAD VEHICLE STARTS OUT AS A FORD F-150...

“THE IGUANA” - THE NEW BREED IN OFF ROAD VEHICLES

Custom built for the local trails and tough enough for the tourism trade
The IGUANA runs ahead of the field.
“They’re designed to do things other trucks can not do.”
Not only to travel off road but to rumble through the jungle,
climb over fallen trees and scurry through up to three feet of water.
Steve Long Senior News Anchor, KPTH Fox 44 News.



The Iguana like its cold-blooded counterpart is adaptable to many different climates and terrains. These sturdy trucks easily chew through miles of rough terrain including mud, rocks, downed trees, snow, and sand, even water up to three feet deep. Currently, these trucks are being constructed for use in the tourism trade within the Caribbean jungles and mountains and Mexican sand dunes, as well as for private individuals.



4x4OffRoads.com








Ultimate Rides is committed to making their vehicles as eco friendly as possible. That’s why each truck begins with a recycled 4-wheel drive chassis. A custom …

RIDING IN STYLE...GREAT DESIGN NEVER GOES OUT OF STYLE...

"DOCTOR EVIL" RETURNS FROM CUBA... PUMPED FULL OF HATRED AND SPEWING GARBAGE AGAINST HIS FELLOW COUNTRYMEN....

HACE 20 AñOS CAYO EL COMUNISMO: ASIMILAR AL CAPITALISMO COSTARA OTROS 20 AñOS...SI EL MUNDO ESTA DISPUESTO...NO HAY VUELTA QUE DARLE...EL MUNDO ENTERO TIENE QUE ROMPER EL CICLO DE ESCLAVITUD...

Algo salió mal




UNIÓN SOVIÉTICA


Hace veinte años comenzó la caída de la URSS y desapareció la amenaza comunista. Los profetas del mercado auguraron prosperidad sin límites, pero esas promesas han fracasado.
Sábado 20 Agosto 2011



El 19 de agosto de 1991 fallaba el golpe de Estado más torpe pero más trascendental que el mundo haya visto. 

Mientras Mijail Gorbachov, presidente de la Unión Soviética, era retenido por los golpistas comunistas en su dacha de Crimea, los tanques del ejército que ingresaban a Moscú avanzaban en fila india, atascados en el tráfico mañanero del lunes, tocaban la bocina y respetaban los semáforos. 

El comando que debía encarcelar al popular dirigente Boris Yeltsin desobedeció las órdenes. Horas después, Yeltsin dirigía el contragolpe, de pie sobre un tanque frente al Parlamento, mientras los moscovitas armaban barricadas y derrotaban el movimiento en un par de días.

 Una semana después, el Partido Comunista era disuelto, y antes de finalizar el año, desaparecía la Unión…

YOU CAN'T STEAL INGENUITY...THE DAY THE RUSSIANS TRIED AND FAILED: A TRUE STORY ABOUT THE AMAZING B29....SUPER FORTRESS....

Russian B-29 Clone — The TU-4 Story

contributed by Wayland Mayo

INTRODUCTION


Probably the most significant development in aviation history is one which most Americans don’t even know happened.


We worked hard to get our B-29 built so we could reach Japan, the retaliation that President Roosevelt so badly wanted.


The Russians also wanted and badly needed a long range bomber as much as we did.


The difference is, we engineered ours with ingenuity and perseverance, the Russians stole it. Read this fascinating story and you will find it hard to believe, but it actually happened.


The B-29 is now as much a part of Russian aviation history as it is to American aviation history.




RUSSIAN B-29 CLONE- THE TU-4 STORY





After the Japanese bombing of Pearl Harbor, President Roosevelt had a burning desire to retaliate by bombing Japan.


This soon became an obsession with him, but how were we going to accomplish this seemingly impossible feat?


The only long range bomber in our arsenal was the B-17, and the…

SURGING FOOD PRICES WILL THE ROOT CAUSE OF NEXT GLOBAL CRISIS SAYS NOTED ECONOMIST...

Roubini’s Next Crisis Is Scary Food for Thought: William Pesek


QBy William Pesek - Feb 13, 2011 12:00 PM PT
Bloomberg Opinion


Email

William Pesek



Play Video
Feb. 11 (Bloomberg) -- Bettina Luescher, spokesperson for the United Nations World Food Program, talks about global food security. She speaks with Carol Massar on Bloomberg Television's "Street Smart." (Source: Bloomberg)




Play Video


Feb. 11 (Bloomberg) -- Bill Lapp, president of Advanced Economic Solutions, and Kimberly Elliott, a senior fellow at the Center for Global Development, talk about global food prices and availability. They speak with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)





Forget Egypt for a moment. Skip the water crisis in China. Look past angst on the streets of Bangladesh. If you want to see how extreme the effects of surging food prices are becoming, look to wealthy Japan.


So big are the increases that economists are buzzing about them pushing deflationary Japan…