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DeSwiss

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Member since: Thu Jul 6, 2006, 12:17 AM
Number of posts: 24,407

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PSA: Tom Brady Can't Get A High-Five



- Tom no matter what, you'll always be one of the best.

Mega Default In China Scheduled For January 31

FORBES
1/19/2014 @ 8:08PM
Gordon G. Chang Contributor


On Friday, Chinese state media reported that China Credit Trust Co. warned investors that they may not be repaid when one of its wealth management products matures on January 31, the first day of the Year of the Horse.

The Industrial and Commercial Bank of China sold the China Credit Trust product to its customers in inland Shanxi province. This bank, the world’s largest by assets, on Thursday suggested it will not compensate investors, stating in a phone interview with Reuters that “a situation completely does not exist in which ICBC will assume the main responsibility.”

There should be no mystery why this investment, known as “2010 China Credit-Credit Equals Gold #1 Collective Trust Product,” is on the verge of default. China Credit Trust loaned the proceeds from sales of the 3.03 billion-yuan ($496.2 million) product to unlisted Shanxi Zhenfu Energy Group, a coal miner. The coal company probably is paying something like 12% for the money because Credit Equals Gold promised a 10% annual return to investors—more than three times current bank deposit rates—and China Credit Trust undoubtedly took a hefty cut of the interest.

Zhenfu was undoubtedly desperate for money. One of its vice chairmen was arrested in May 2012 for taking deposits without a banking license, undoubtedly trying to raise funds through unconventional channels. In any event, the company was permitted to borrow long after it should have been stopped—reports indicate that it had accumulated 5.9 billion yuan in obligations. Zhenfu, according to one Chinese newspaper account, has already been declared bankrupt with assets of less than 500 million yuan.

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Bad British NFL Commentary



Bad British Baseball Commentary

Bad British Basketball Commentary

New nuke scandal: 34 officers accused of cheating

January 15, 2014
By LOLITA C. BALDOR and ROBERT BURNS, Associated Press



WASHINGTON
— In a stunning setback for a nuclear missile force already beset by missteps and leadership lapses, the Air Force disclosed on Wednesday that 34 officers entrusted with the world's deadliest weapons have been removed from launch duty for allegedly cheating — or tolerating cheating by others — on routine proficiency tests.

The cheating scandal is the latest in a series of Air Force nuclear stumbles documented in recent months by The Associated Press, including deliberate violations of safety rules, failures of inspections, breakdowns in training, and evidence that the men and women who operate the missiles from underground command posts are suffering burnout. In October the commander of the nuclear missile force was fired for engaging in embarrassing behavior, including drunkenness, while leading a U.S. delegation to a nuclear exercise in Russia.

A "profoundly disappointed" Air Force Secretary Deborah Lee James, the service's top civilian official, told a hurriedly arranged Pentagon news conference that the alleged cheating at Malmstrom Air Force Base, Mont., was discovered during a previously announced probe of drug possession by 11 officers at several Air Force bases, including two who also are in the nuclear force and suspected of participating in the cheating ring.

"This is absolutely unacceptable behavior," James said of the cheating, which Gen. Mark Welsh, the Air Force chief of staff, said could be the biggest such scandal in the history of the missile force.

MORE


- After our fore-bearers worked so hard to help us achieve the ability to destroy ourselves several times over, the offspring lose that ability through sheer incompetence.

So what's the takeaway here? Never knock stupid people -- they have their uses......

How Congress Used Bridgegate to Sneak Through TPP Fast Track



breakingtheset·Published on Jan 10, 2014

Abby Martin calls out the corporate media's coverage of Chris Christie and 'Bridgegate' and discusses how this is distracting from Congress sneaking through new legislation that would give Obama authority to fast track the controversial Trans Pacific Partnership.

LIKE Breaking the Set @ http://fb.me/BreakingTheSet
FOLLOW Abby Martin @ http://twitter.com/AbbyMartin




ENENEWS Update 01-10-14



Japan (Fukushima)


05:09 PM EST on January 10th, 2014
Radiation jumps around Fukushima plant — Now ~1,000% previous levels — Tepco kept strontium-90 data secret for months — Officials knew of increase but ‘too busy’ to do anything — Gov’t holds Friday meeting about what can be done

02:29 PM EST on January 10th, 2014
Host: Fukushima may be one of biggest events to ever affect us in modern times — Gundersen: It should be ‘Level 8 on INES scale (AUDIO)

08:45 AM EST on January 10th, 2014
NRC comments on steam at Fukushima Unit 3 — Gundersen: Plutonium could be causing fissions, heating up melted fuel (AUDIO)

05:59 PM EST on January 9th, 2014
‘Pacific Wasteland’? Japan Gov’t Scientist: ‘Big problem’ for whole ocean if Fukushima’s water released with strontium-90 — TV: It may not get filtered out; “All bets are off” without way to plug plant leaks — NHK: All decontamination systems stop working, may not restart for “long time” (VIDEO)

04:30 PM EST on January 9th, 2014
TV: Fukushima plant “an undefused bomb for decades to come” — Japan Journalist: They only have the vaguest idea of what happened to 100s of tons of molten fuel — An ongoing crisis on edge of disaster



**********************

US/Canada


12:16 PM EST on January 10th, 2014
Professor’s Diary: Fukushima radioactive material “has reached the west coast as of June 2013 by ocean transport” — Health risks to be determined by ongoing monitoring

12:12 AM EST on January 10th, 2014
ABC in Fukushima: Radiation to be at U.S. coast early this year — Expert concerned about effects on food chain from unprecedented amount of migrating radioactivity — They tried to stop leaks, it’s just not working — Tepco: We don’t know what’s gone into ocean (VIDEO)

08:21 PM EST on January 9th, 2014
Gundersen: I’m now not eating Pacific Ocean fish — Bio-accumulation of Fukushima nuclear waste concerning — Effects of lower-level radiation worse than predicted (VIDEO)



- A word to the wise being sufficient unto itself, nevertheless I sincerely hope DUers, particularly those living in the western parts of the country, are taking precautions. Such as obtaining the latest information regarding radiation levels in your areas on a regular basis.

And have possession or access to the minimums: ** Zeolite -- More Zeolite Info ** DMSO -- More DMSO Info ** RADEX RD1503+ - Radiation Detector -- More Radiation Detector Info ** CBD -- More CBD Info -- More CBD Info

These Guys 4 The Jersey Sore



LouieLudwig·Published on Jan 9, 2014

The blockbuster crime series returns, with a new boss... and new problems.

Louie Ludwig is the creator of this ad and is solely responsible for its content.
Music: "The Man with No Point" from the album "Private Islands"
copyright 2008 Louie Ludwig/zzi music ISRC USWGE1100208
Download available CD Baby, iTunes, etc.

These Guys
These Guys Season 2: The Lieutenant

ENENEWS Update 01-09-14



Japan (Fukushima)


03:48 PM EST on January 8th, 2014
New Journal Article: Fukushima may have already released 90 quadrillion becquerels of cesium-137 — Much more than Chernobyl’s 70 quadrillion becquerels

09:15 AM EST on January 8th, 2014
Radiation Expert: It’s terrifying how Pacific ecosystem has collapsed since Fukushima — Plutonium and uranium suspected of spreading through food chain (VIDEO)

12:38 PM EST on January 7th, 2014
Secrecy agreement between Fukushima and IAEA revealed by Tokyo newspaper — They hid health effects in Chernobyl… same thing could happen to Fukushima

12:56 AM EST on January 7th, 2014
Nuclear Chemistry Expert: Steam at Fukushima reactor could be from corium burning through containment into groundwater


**********************

US/Canada



01:05 AM EST on January 9th, 2014
Multiple marine scientists say Fukushima plume is at West Coast — S.F. Chronicle reports ''radiation levels from Fukushima on California coast have gone down''

12:09 PM EST on January 8th, 2014
NPR and California Department of Public Health appear on document with nuclear-related U.S. entities ‘working together’ with Tepco to ‘disseminate’ Fukushima-related information — CDHP Yesterday: West Coast will get NO radioactive contamination from Fukushima (PHOTO)

12:20 AM EST on January 8th, 2014
Hot spots at 1,400% baseline radiation levels on San Francisco-area coast — State: It’s “naturally occurring materials not radioactivity associated with Fukushima” — Expert: Don’t let babies or kids inhale or eat the sand

05:06 PM EST on January 7th, 2014
Agency: Dead Conjoined Baby Gray Whales found on West Coast of N. America — Could be first ever recorded — 2 heads and 2 tails, joined in middle (PHOTOS & VIDEO)

03:05 PM EST on January 7th, 2014
CBS: “Health officials are investigating radiation levels” along coast near San Francisco after finding “higher than typical readings” — UC Berkeley Professor: ''Absolutely no correlation'' with nuclear disaster; Compares eating banana to drinking water from Fukushima plant (VIDEO)



- A word to the wise being sufficient unto itself, nevertheless I sincerely hope DUers, particularly those living in the western parts of the country, are taking precautions. Such as obtaining the latest information regarding radiation levels in your areas on a regular basis.

And have possession or access to the minimums: ** Zeolite -- More Zeolite Info ** DMSO -- More DMSO Info ** RADEX RD1503+ - Radiation Detector -- More Radiation Detector Info ** CBD -- More CBD Info -- More CBD Info

Ex-NY police officers charged in disability scam

The Big Story
By JENNIFER PELTZ and COLLEEN LONG
— Jan. 7, 2014 10:05 PM EST

NEW YORK (AP)
— One retired police officer who told the government he was too psychologically damaged to work ran a martial arts studio, prosecutors said. Another claimed his depression was so crippling it kept him house-bound, but he was photographed aboard a watercraft, they said. A third man who said he was incapable of social interactions manned a cannoli stand at a street festival.

All were wrongly receiving thousands of dollars in federal disability benefits, prosecutors said Tuesday in announcing a sweeping fraud case involving scores of retired officers, firefighters and jail guards. The retirees faked psychiatric problems, authorities said, and many falsely claimed their conditions arose after the Sept. 11 attacks.

"The brazenness is shocking," Manhattan District Attorney Cyrus R. Vance Jr. said. More than 100 people were arrested, including 72 city police officers, eight firefighters, five correction officers and one Nassau County Police Department officer.

Four ringleaders coached the former workers on how to feign depression and other mental health problems that allowed them to get payouts as high as $500,000 over decades, Vance said. The ringleaders made tens of thousands of dollars in secret kickbacks, he said.

MORE


- I suppose they saw how Rudy made a career off of 911 and figured: ''Why not?, it's easier than cross-dressing....''

Pa. pizza shop delivers medicines during cold snap

The Associated Press
January 8, 2014

LIGONIER, Pa
. — A western Pennsylvania pizza shop has been delivering prescription medicines and other supplies to ill and elderly residents so they don't have to go outside in the bitter cold.

Tom Wynkoop, owner of Fox's Pizza Den in Ligonier, tells WPXI-TV (http://bit.ly/1eGXJQ0 ) that he tweeted his offer because his community about 45 miles east of Pittsburgh has a lot of elderly residents.

Wynkoop told those in need to call his cellphone to arrange deliveries of prescription medicines and other products — no strings attached. That's right: Folks don't have to order food from Wynkoop's shop to get help.

Wynkoop says his shop has made four deliveries. He says, "You have to be there for your residents." The region was hit with record-low, subzero temperatures on Tuesday. Temperatures were subfreezing by Wednesday.

LINK


- Mr. Wynkoop, if I should ever find myself in Ligonier, Pa. I'll no doubt be there for the pizza!
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