I guess “Africa is a country”…and according to Rick Perry’s math “half a trillion” is actually equal to “500 million.”

we should spend even MORE money on Defense! – Mitt Romney

“Africa is a country on the brink.” – Rick Santorum

genocide overseas? Not our business, beer should be illegal – Ron Paul,

Iran has mountains and shit – Herman Cain

Chilean models http://bit.ly/sivhRn – Newt Gingritch

give mexican drug lords medical care and scholarships – Rick Perry

“voices in my head said” – Michelle Bachman

It is her “fight or flight” moment. The Entire EU hangs in the balance, and coupled with that the US economy. Sovereign debt and negative growth are actually spreading.

Mr. Monti and Mr. Papademos must play a role in tightening the fiscal policies and make the structural reforms needed. These technocrats, should provide a positive step in increasing pro investor policy.

The El Niño and La Niña events, associated with anomalous floods, droughts, and storms, are getting larger and more frequent.

In fact commodity producers are already bracing for another La Niña, a weather phenomenon that wreaked havoc earlier this year on commodities markets, sending prices to multiyear highs. La Niña is a shift to cooler than normal temperatures in the Pacific Ocean, causing above normal rainfall in south-east Asia and northern and eastern Australia, and an increase in tropical cyclones. Here in the USA, our Pacific Northwest and Northern Plains are wetter while the southern states face a lack of rain. In South America the heavy rains threaten coffee, corn and soybean production. India experiences an increase in monsoons, threatening their iron and ore. South East Asia and Australia experience heavy rains that destroy the harvests of rubber, palm oil, coal, wheat, and sugar. The change in the elements has a huge impact on commodities production.

The Maltese Falcon built by Perini Navi is a clipper sailing luxury yacht, owned by Elena Ambrosiadou.

MF Global 716 5th ave

Debt levels in a number of economies of the European Union (GIIPS) continue to alarm the global markets—requiring European Union intervention to avert default.

As concerns about fiscal sustainability and the oncoming financial turbulence approach, the Republic of Cyprus has announced that it has broken ground on its natural gas reserves. Large tracts of liquefied natural gas dicovered under the seabed between Greek Cyprus and Israel prompted the governments to file an “agreement on the delimitations of the exclusive economic zone” between the two countries. Setting the maritime borders and the respective rights to explore natural resources within them by a median line. The two countries and their main corporate partners, Noble Energy (Houston, TX) and Israel’s Delek Group, are in well-advanced consultations to jointly access energy reserves.

Today, september 21st 2011, The Cyprus “Aphrodite” gas field with estimated 10 trillion cubic feet (tcf) of gas reserves, is being explored, and a regasification terminal is already being constructed.

Oncoming US elections have furthered uncertainty about leadership. The demand for US treasury securities have risen and yields have fallen.

With any luck, by the time this piece is published the political posturing will subside, and the wiser minds in the debt ceiling debate will prevail. The truth be told, this grand experiment in democratic rule was founded on a mix dedication and debt. By 1791, the country owed in excess of 75 million dollars to those creditors who bankrolled her revolution. And with the exception of a two-year period beginning in 1835, the United States has had unsettled obligations ever since Ben and the boys emerged from the Pennsylvania State House to make public their intent to break ties with King George the Third.

While it has always been a popular notion that it is the misdeeds and inefficiencies of government that are the root cause of our unbalanced books, it is in fact, those less than admirable traits in humankind that have left the public holding a rather large unpaid tab. Historically, most of Washington’s deficit spending has been the consequence of military conflict, or the missteps and misappropriations in the marketplace. Perhaps if those at the helm of our economic institutions were a bit less greedy, or if we had a healthcare system that was fair and affordable, or if we could just find a more peaceful way to settle our differences—we might just be able to get our financial house in order.

But as I raise a glass of whiskey at the saloon of the Gold Hill Hotel, which sits atop those spent silver veins of the Comstock Lode that helped to finance many bloody Northern campaigns during America’s Civil War, I realize that we are still a ways off from raising the bar on human behavior. So for the foreseeable future, we will remain dependent upon a Congress that raises the ceiling on public debt.

Posted by: Chris Poh

The owners of the vessel are Greece-based N.S. Lemos & Co.

The project has been estimated to cost 600 million euros approximately 807 million USD and with a capacity of 200 megawatts (MW).

Simmilarly, Nur-MOH, a solar power producer in the Mediterranean region, announced earlier this week that it has secured an Electricity Generation License to construct a 38-megawatt solar farm on the island of Crete in Greece. The Nur-MOH project is a joint venture between Nur Energie and Motor Oil Hellas. The plant has reported that it will utilize concentrated solar power technology provided by U.S.-based company BrightSource energy. Potentially powering 13,000 homes on the island through the Brightsource’s proprietary LPT 500 solar technology, which uses thousands of small mirrors—or heliostats—to reflect sunlight directly onto a boiler, producing heat. After the heated water is piped to a turbine, it is redirected back into the system, using 95 percent less water than traditional wet-cooled solar thermal technologies.

The projects are currently seeking international tender to find a strategic investor for the solar ventures.

The example of Mexico in the 70′s – 90′s is an example of how debt can increase by 15 times faster than the per-capita income. This scenario emerged because of the conditions of morally hazardous investment environment. Ultimately, an even worse remedy of ‘bailout’ was exicuted.

ABSTRACT

Download article here [PDF]  “Thinking Race, Making Nation: Reviewing Glenn C. Loury, ‘The Anatomy of Racial Inequality”

Professor Glenn C. Loury’s “The Anatomy of Racial Inequality” is a thoroughgoing attempt to ascertain the root causes of racial inequality and provide insight into the thought process that causes us to view racial disparity with complacency and indifference. However, Loury’s project is not merely descriptive. His structural account of racial inequality provides the staging ground from which he launches a deep critique of prevailing views on American race relations. Racial inequity is not the product of some inherent deficiency in the minds and hearts of African Americans. Rather, it is a social pathology “deeply rooted in American history” – a pathology that “evolved in tandem with American political and economic institutions, and with cultural practices that supported and legitimated those institutions . . . that were often deeply biased against blacks.” Loury therefore rejects the conservative policy of indifference toward racial disparities, and declares emphatically that racial inequality is “an American tragedy [and] a national, not merely a communal disgrace.”

In a very real sense, Loury’s free and extended meditation on racial inequality and the prospects of racial reform provides us with an insightful theoretical and discursive structure through which we can engage the struggle for racial justice anew. In this review essay, I offer an extended examination and critique of the major arguments presented in the book. In the course of connecting Loury’s work with historic and contemporary literature on racial disparities in American life, I offer some thoughts on the impact his project may have upon the shape of American race relations to come.