White House: Obama has no plans to reschedule marijuana

"'The administration’s position on this has been clear and consistent for some time now that while the prosecution of drug traffickers remains an important priority, the president and the administration believe that targeting individual marijuana users, especially those with serious illnesses and their caregivers, is not the best allocation for federal law enforcement resources,' Earnest replied. At the press briefing, Earnest also indicated that the Obama administration has no intention of making it easier to research the medical benefits of marijuana." Continue reading

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A Solar System Is Installed in the US Every 4 Minutes

"If market growth continues at its current pace, the American solar industry could be installing a system every minute and twenty seconds by 2016. That's a dramatic difference from 2006, when installers were only putting up one system every 80 minutes. Solar is on an extraordinarily fast growth trajectory. Two-thirds of all distributed solar in the U.S. has been installed over the last 2 1/2 years. And by 2016, cumulative installations of distributed PV will double. That means the U.S. will hit 1 million cumulative residential solar installations by then -- making the market in 2016 ten times larger than it was in 2010." Continue reading

Continue ReadingA Solar System Is Installed in the US Every 4 Minutes

West Coast of North America to Be Hit Hard by Fukushima Radiation

"While many people assume that the ocean will dilute the Fukushima radiation, a previously-secret 1955 U.S. government report concluded that the ocean may not adequately dilute radiation from nuclear accidents, and there could be 'pockets' and 'streams' of highly-concentrated radiation. A team of top Chinese scientists has just published a study showing that Fukushima nuclear pollution is becoming more concentrated as it approaches the West Coast of the United States, that the plume crosses the ocean in a nearly straight line toward North America, and that it appears to stay together with little dispersion." Continue reading

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Report Finds “Probably Carcinogenic” Chemicals in All Municipal Water Samples Tested

"Chlorine and other water treatment chemicals, in addition to being somewhat toxic in and of themselves, react with ordinary organic particles in the water ( manure from livestock, dead animals, fallen leaves, etc.) to create hundreds of extremely toxic byproducts, which aren’t monitored or regulated at all. These toxic byproducts have been labeled 'disinfection byproducts,' or 'DBPs,' and there are 600 we know about and probably hundreds more that we don’t. Shockingly, raising concerns about the quality of your local drinking water without verifiable evidence of your claims may now be considered 'an act of terrorism.'" Continue reading

Continue ReadingReport Finds “Probably Carcinogenic” Chemicals in All Municipal Water Samples Tested

The Single Best Investment Opportunity Today

"At least 71 new nuclear plants are under construction somewhere in the world today, and another 484 are in some stage of planning. That exceeds the number of nuclear facilities under construction or consideration before Fukushima ever happened. It is an unparalleled level of nuclear-plant construction. The existing 437 nuclear reactors that exist consume on an annual basis about 175 million pounds of uranium. Yet, the world’s existing uranium mines only produce about 145 million pounds a year. The world has papered over that 30-million-pound gap with a U.S./Russia agreement to turn weapons-grade uranium into industrial uranium." Continue reading

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Fukushima apocalypse: Years of ‘duct tape fixes’ could result in ‘millions of deaths’

"It will be hot, uncomfortable, your senses shielded, and you would be filled with anxiety. You are standing on a building that is close to collapse. Workers will have to be removed and replaced often. So you don't have the benefit of doing such a critical task and knowing and trusting your comrades, as they will frequently have to be replaced when their radiation dose limits are reached. If they exhibit physical or mental signs of radiation exposure, they will have be replaced more often. It will be one of the worst, but most important jobs anyone has ever had to do. And even if executed flawlessly, there are still many things that could go wrong. " Continue reading

Continue ReadingFukushima apocalypse: Years of ‘duct tape fixes’ could result in ‘millions of deaths’

What Is Going To Happen If Interest Rates Continue To Rise Rapidly?

"If interest rates continue to rise rapidly, it will be more expensive for the U.S. government to borrow money, it will be more expensive for state and local governments to borrow money, the housing market may crash again, consumer debt will become more expensive, junk bond investors will be in for a world of hurt, the stock market will experience a tremendous amount of pain and there is a good chance that we could see the 441 trillion dollar interest rate derivatives bubble implode. And that is just for starters. So yes, we all need to be carefully watching the yield on 10 year U.S. Treasuries." Continue reading

Continue ReadingWhat Is Going To Happen If Interest Rates Continue To Rise Rapidly?

What Is Going To Happen If Interest Rates Continue To Rise Rapidly?

"If interest rates continue to rise rapidly, it will be more expensive for the U.S. government to borrow money, it will be more expensive for state and local governments to borrow money, the housing market may crash again, consumer debt will become more expensive, junk bond investors will be in for a world of hurt, the stock market will experience a tremendous amount of pain and there is a good chance that we could see the 441 trillion dollar interest rate derivatives bubble implode. And that is just for starters. So yes, we all need to be carefully watching the yield on 10 year U.S. Treasuries." Continue reading

Continue ReadingWhat Is Going To Happen If Interest Rates Continue To Rise Rapidly?

Someone Is Lying

"Existing home sales beat expectations by the most since February 2010 surging 6.5% MoM to its highest SAAR level since March 2007. Sound right? Of course, this is defended by the ever-honest NAR by a sudden panic surge of buyers as rates rose. However, we just wonder how sustainable this is (given the chart below). Judging by the NAR's history of revisionism, we suspect we know who is not telling the truth, the whole truth, and nothing but the truth. So all cash buyers? Pulling forward demand? Sustainable trend? You decide." Continue reading

Continue ReadingSomeone Is Lying

Someone Is Lying

"Existing home sales beat expectations by the most since February 2010 surging 6.5% MoM to its highest SAAR level since March 2007. Sound right? Of course, this is defended by the ever-honest NAR by a sudden panic surge of buyers as rates rose. However, we just wonder how sustainable this is (given the chart below). Judging by the NAR's history of revisionism, we suspect we know who is not telling the truth, the whole truth, and nothing but the truth. So all cash buyers? Pulling forward demand? Sustainable trend? You decide." Continue reading

Continue ReadingSomeone Is Lying