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Long coal train, South Dakota, 1946. Carol M Highsmith, American (Carol M. Highsmith's America, Library of Congress, Prints and Photographs Division.) SSA Marine, which is 51% owned by Goldman Sachs, has applied for federal and state permits to build facilities at Cherry Point to ship coal from the Rocky Mountains to China, thereby making the Pacific [...] In our experience, all of the big U.S. solar module manufactures have one approach: they sell their modules to only a few big distributors, and the more you buy, the bigger the discount. But today there is an interesting twist coming from global competitors around the world. China will sell directly to just about any [...] This is why I love Zero Hedge. Not only are they frequently first with important financial news, their snarikiness and withering attacks are a joy to read in a world where the mainstream financial media is too often asleep. Remember, back in the day, when a bankruptcy was simply called a bankruptcy? Naturally, this [...] China’s Communist Party has for the first time on record, one reporter says, “lost all control.” In what is the culmination of months of unrest over a planned land seizure in Wukan, party officials have been completely ejected from the southern fishing village. The Communist Party’s stratgey of either buying out or crushing opposition [...] Thank you, Mexico. Thank you, China. Thank you, corrupt money laundering US banks and hedge funds. The youth of America salutes you. A legitimate pharmaceutical company in India exports cold pills to Dubai in the United Arab Emirates, where they are falsely labeled as herbal supplements and shipped to Belize, and then to Veracruz [...] Alarmist? Crazy? I’m no deficit hawk, but at some point the US needs to realize it can not continue to borrow and print money with no little thought given as to how much is owed and how it will be paid back. Because that puts you in an extremely vulnerable position. Via Market-Ticker.org [...] The Oil Drum Like everything else in China, coal production statistics are simply immense. China now consumes and produces close to 50% of all the coal in the world. Thus, changes in Chinese consumption and / or production may have a dramatic impact upon the global coal market. If their production ever [...] U.S. gains jobs. No, wait, it’s losing… Yah de blah de de blah woof woof. ADP counts real jobs. Labor Dept counts temporary census jobs (what happens when the census is over?) and adjusts for the imaginary birth-death model. Perkipantied economists & crystal ball types say real job growth (hundreds of thousands of jobs!) [...] As we learned when studying the case of the dancing hippie, it’s the first follower that “transforms a lone nut into a leader.” May many more follow. Freedom is always better than repression and coercion. China has every right to set rules about what happens inside its borders. However, companies working there also [...] That’s what The Breakthrough Institute asks, saying that the US is dropping fast in funding for cleantech and in education for science. If America does not take immediate action to bridge its energy education gap — and if we fail to make substantially larger investments in our own clean-energy economy — we will effectively [...] |  | ||||
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