Did White House Snub Fraud Fighter? - YouTube: ""
'via Blog this'
Sword Of The Lord With Electronic Edge
Saturday, August 27, 2011
News from The Associated Press
News from The Associated Press: "An Amtrak train headed from California to Chicago struck a demolition crane in southwest Nebraska on Friday, forcing two locomotives and three passenger cars off the rails but causing no major injuries, officials said.
The train, which was running on Amtrak's California Zephyr route from Emeryville, Calif., to Chicago, had 175 passengers and 17 crewmembers on board when it struck the crane at about 8 a.m. near Benkelman, which is near Nebraska's border with Kansas and Colorado"
'via Blog this'
The train, which was running on Amtrak's California Zephyr route from Emeryville, Calif., to Chicago, had 175 passengers and 17 crewmembers on board when it struck the crane at about 8 a.m. near Benkelman, which is near Nebraska's border with Kansas and Colorado"
'via Blog this'
Google Brings Ultra-Fast Internet To Homes Near Stanford « CBS San Francisco
Google Brings Ultra-Fast Internet To Homes Near Stanford « CBS San Francisco: "Google has changed the way people search on the internet, now it’s changing the way some people surf the web.
Hundreds of lucky Bay Area residents are now accessing what is being touted as the fastest internet speeds in the world.
CBS 5’s Kiet Do tested the Google Fiber internet service, which is being offered for free in a neighborhood just south of the Stanford University campus. A 95-megabyte high-definition movie trailer downloaded in about nine seconds. CBSSF.com showed up in a blink"
'via Blog this'
Hundreds of lucky Bay Area residents are now accessing what is being touted as the fastest internet speeds in the world.
CBS 5’s Kiet Do tested the Google Fiber internet service, which is being offered for free in a neighborhood just south of the Stanford University campus. A 95-megabyte high-definition movie trailer downloaded in about nine seconds. CBSSF.com showed up in a blink"
'via Blog this'
Irene rakes up East Coast, shuts down New York - Yahoo! News
Irene rakes up East Coast, shuts down New York - Yahoo! News: " Hurricane Irene charged up the U.S. eastern seaboard on Saturday as a weakening but dangerous storm that shut down New York City and threatened to inflict massive blackouts and flooding.
From the Carolinas to Maine, tens of millions of people were in the path of the giant 830 km wide storm that dumped more than 17 inches of rain on parts of coastal North Carolina after howling ashore at daybreak.
New York City ordered unprecedented evacuations and shut down its airports and subways, part of a huge public transit system that moves 8.5 million people a day on weekdays. Commuters were left to flag down yellow taxis and livery cabs that were patrolling largely deserted streets."
'via Blog this'
From the Carolinas to Maine, tens of millions of people were in the path of the giant 830 km wide storm that dumped more than 17 inches of rain on parts of coastal North Carolina after howling ashore at daybreak.
New York City ordered unprecedented evacuations and shut down its airports and subways, part of a huge public transit system that moves 8.5 million people a day on weekdays. Commuters were left to flag down yellow taxis and livery cabs that were patrolling largely deserted streets."
'via Blog this'
State ready for ‘scary scenario’ - BostonHerald.com
State ready for ‘scary scenario’ - BostonHerald.com: "“People are freaking out,” said Sarah Young, one of the owners of the Surfside Motel in Oak Bluffs. “They think the island is going to be wiped away. Literally, someone asked me if the island was going to be here after the storm. . . . We’ve basically just been trying to calm people down.”"
'via Blog this'
'via Blog this'
City braces for Irene's arrival: Transit shut down, some power could be cut - NYPOST.com
City braces for Irene's arrival: Transit shut down, some power could be cut - NYPOST.com: "There’s no calm before the storm.
As frenzied New Yorkers emptied grocery stores, grabbed at every last flashlight and evacuated their homes, the MTA shut down its entire transit system in anticipation of Irene walloping the city.
Transit workers began the arduous system halt — the first weather-related one in history — at noon. Bus and subway service might not get moving until well into Monday afternoon.
The apocalyptic standstill leaves five million riders without a way around.
Minutes into the shutdown, passengers rushed to snag seats on the last rides out of town and many unlucky commuters were left stranded. At the start of the day MTA workers shielded glass booths with plywood and aired booming warnings that the clock was ticking."
'via Blog this'
As frenzied New Yorkers emptied grocery stores, grabbed at every last flashlight and evacuated their homes, the MTA shut down its entire transit system in anticipation of Irene walloping the city.
Transit workers began the arduous system halt — the first weather-related one in history — at noon. Bus and subway service might not get moving until well into Monday afternoon.
The apocalyptic standstill leaves five million riders without a way around.
Minutes into the shutdown, passengers rushed to snag seats on the last rides out of town and many unlucky commuters were left stranded. At the start of the day MTA workers shielded glass booths with plywood and aired booming warnings that the clock was ticking."
'via Blog this'
Gov. Andrew Cuomo Orders Full Shutdown Of MTA Subways, Buses, Trains; Port Authority Will Shut Down PATH At Noon « CBS New York
Gov. Andrew Cuomo Orders Full Shutdown Of MTA Subways, Buses, Trains; Port Authority Will Shut Down PATH At Noon « CBS New York: "– Governor Andrew Cuomo has ordered a system-wide shutdown of the Metropolitan Transit Authority starting at noon Saturday ahead of Hurricane Irene.
LISTEN LIVE: 1010 WINS | WCBS 880
The shutdown includes subways, buses, Long Island Rail Road, Metro-North Railroad and Access-A-Ride.
The move was prompted by worries about whipping winds for trains and buses above ground and flooding concerns for trains running under rivers through one of 13 tunnels."
'via Blog this'
LISTEN LIVE: 1010 WINS | WCBS 880
The shutdown includes subways, buses, Long Island Rail Road, Metro-North Railroad and Access-A-Ride.
The move was prompted by worries about whipping winds for trains and buses above ground and flooding concerns for trains running under rivers through one of 13 tunnels."
'via Blog this'
"The storm cannot master its own strength." | GPlus.com
"The storm cannot master its own strength." | GPlus.com: " The demise of Irene has already begun. There is no visible eye. The storm intensity is down to 99 mph. This would be a low-end category 2 or a strong category 1 storm, while 36 hours ago some predicted a catastrophic category 4 storm. Air Force Reserve aircraft have found that Irene's eyewall has collapsed, and the central pressure has risen -- rising pressure means a weakening storm."
'via Blog this'
'via Blog this'
NOAA’s Phony “Hurricane” Coming On Shore With 33 MPH Winds | Real Science
NOAA’s Phony “Hurricane” Coming On Shore With 33 MPH Winds | Real Science: "NOAA claims the winds are 85 MPH, but none of the Weather Underground stations in the area report higher than 33 MPH winds. By definition, this is not a hurricane – and is just barely a tropical storm"
'via Blog this'
'via Blog this'
Friday, August 26, 2011
Astronomers discover planet made of diamond | Reuters
Astronomers discover planet made of diamond | Reuters: Astronomers have spotted an exotic planet that seems to be made of diamond racing around a tiny star in our galactic backyard.
Gov. Andrew Cuomo Orders Full Shutdown Of MTA Subways, Buses, Trains « CBS New York
Gov. Andrew Cuomo Orders Full Shutdown Of MTA Subways, Buses, Trains « CBS New York: Gov. Andrew Cuomo has ordered a system-wide shutdown of the Metropolitan Transit Authority starting at noon Saturday ahead of Hurricane Irene.
In a statement, Cuomo said the shutdown will include subways, buses, Long Island Rail Road, Metro-North Railroad and Access-A-Ride.
In a statement, Cuomo said the shutdown will include subways, buses, Long Island Rail Road, Metro-North Railroad and Access-A-Ride.
Wednesday, August 24, 2011
JP Morgan May Take Over Bank Of America - MarketWatch
JP Morgan May Take Over Bank Of America - MarketWatch: There is a rumor circulated on Wall St. that JP Morgan (NYSE: JPM) will takeover Bank of America (NYSE: BAC) within the week. The government will support the deal with a $100 billion investment in preferred shares issued by the combined entity. Alternatively, the government may guarantee the value of a large pool of Bank of America assets. The word is that Treasury Secretary Geithner has discussed the transaction with JP Morgan CEO Jamie Dimon.The "merger" would completely destroy the value of BAC's common shares.
UPDATE 1-Strong 6.8-magnitude quake shakes central Peru | Reuters
UPDATE 1-Strong 6.8-magnitude quake shakes central Peru | Reuters: A 6.8-magnitude earthquake struck a remote Amazon region of Peru on Wednesday, shaking office buildings in the capital almost 600 kilometers (370 miles) away, witnesses and the U.S. Geological Survey (USGS) said.
Local media said there were no immediate reports of injuries or damage in central parts of the Andean nation.
Local media said there were no immediate reports of injuries or damage in central parts of the Andean nation.
Michelle Obama accused of spending $10m in public money on vacations | Mail Online
Michelle Obama accused of spending $10m in public money on vacations | Mail Online: The Obamas' summer break in Martha's Vineyard has already been branded a PR disaster after the couple arrived four hours apart on separate government jets.
But according to new reports, this is the least of their extravagances.
White House sources today claimed that the First Lady has spent $10million of U.S. taxpayers' money on vacations alone in the past year
But according to new reports, this is the least of their extravagances.
White House sources today claimed that the First Lady has spent $10million of U.S. taxpayers' money on vacations alone in the past year
4-Inch Crack Found in Washington Monument | NBC Washington
4-Inch Crack Found in Washington Monument | NBC Washington: Cracking was found in the stones at the top of the Washington Monument Tuesday evening, the National Park Service reported.
The crack was located in one of the triangular faces at the top of the monument. It runs at an angle, and measures approximately 4 inches
The crack was located in one of the triangular faces at the top of the monument. It runs at an angle, and measures approximately 4 inches
Post Quake, West Coast Teases East On Social Networks « CBS San Francisco
Post Quake, West Coast Teases East On Social Networks « CBS San Francisco: Soon after the lunch plates stopped rattling and books stopped thumping to the floor, shaken easterners could hear another sound from Tuesday’s magnitude-5.8 quake: snickering emanating from the opposite side of the continent.
“I watched some videos of people reacting, and sorry to say, they are pretty darn funny,” wrote Rob Chapman on the CBS 5 Facebook page.
CBS 5 spoke to Veronica Cummings, of the University of California’s DC program, on Skype. She described the “overreaction” that she witnessed.
“I watched some videos of people reacting, and sorry to say, they are pretty darn funny,” wrote Rob Chapman on the CBS 5 Facebook page.
CBS 5 spoke to Veronica Cummings, of the University of California’s DC program, on Skype. She described the “overreaction” that she witnessed.
U.S. East Coast May Be At Risk of Aftershocks - Bloomberg
U.S. East Coast May Be At Risk of Aftershocks - Bloomberg: The 5.8-magnitude earthquake that surprised the U.S. East Coast with the biggest shake since 1988 may be followed by aftershocks for weeks, scientists said.
A 4.2-magnitude followup struck about six hours after the main temblor yesterday. While serious damage from the aftershocks is unlikely, “you could get a pretty good jolt,” Jack Boatwright, a U.S. Geological Survey seismologist in Menlo Park, California, said in a telephone interview.
The earthquake was the biggest in the East since a 5.9- magnitude tremor in Saguenay, Quebec, 22 years ago. It struck about 90 miles (144 kilometers) southwest of Washington. It prompted evacuation of landmarks such as the Lincoln Memorial and halted traffic in New York’s Holland Tunnel.
The quake struck at 1:51 p.m., near Mineral, Virginia, the survey said on its website. The shock was felt as far west as Columbus, Ohio, and as far north as Toronto. It was the strongest to hit the Virginia area since 1897, according to USGS data.
A 4.2-magnitude followup struck about six hours after the main temblor yesterday. While serious damage from the aftershocks is unlikely, “you could get a pretty good jolt,” Jack Boatwright, a U.S. Geological Survey seismologist in Menlo Park, California, said in a telephone interview.
The earthquake was the biggest in the East since a 5.9- magnitude tremor in Saguenay, Quebec, 22 years ago. It struck about 90 miles (144 kilometers) southwest of Washington. It prompted evacuation of landmarks such as the Lincoln Memorial and halted traffic in New York’s Holland Tunnel.
The quake struck at 1:51 p.m., near Mineral, Virginia, the survey said on its website. The shock was felt as far west as Columbus, Ohio, and as far north as Toronto. It was the strongest to hit the Virginia area since 1897, according to USGS data.
Tuesday, August 23, 2011
Metro Gael: From the makers of "Gaddafi is killing his own people" Doha studio presents" The Libyan Revolution"
Metro Gael: From the makers of "Gaddafi is killing his own people" Doha studio presents" The Libyan Revolution": Surpassing previous mass media fabrications, both in scale and boldness, yesterday morning's Al Jazeera mise-en-scène will surely go down in history as one of the most cynical hoaxes committed by corporate media since the manipulated pictures of Iraqis topplying Saddam Hussein's statue after the US invasion in 2003.
On the morning of August 22nd 2011, Al Jazeera aired a 'live' report from Green Square in Tripoli,which claimed to show the capture of the Libyan capital by rebel forces. Scenes of jubilation and euphoria enveloped Al Jazeera's reporter Zeina Khodr as she declared: " Liya is in the hands of the opposition''
The images were immediately reproduced throughout the global media complex, with headlines trumpeting the 'end of the Gaddafi regime' and editorials throughout the corporate media world speculating about the post-Gaddafi future of Libya.
On the morning of August 22nd 2011, Al Jazeera aired a 'live' report from Green Square in Tripoli,which claimed to show the capture of the Libyan capital by rebel forces. Scenes of jubilation and euphoria enveloped Al Jazeera's reporter Zeina Khodr as she declared: " Liya is in the hands of the opposition''
The images were immediately reproduced throughout the global media complex, with headlines trumpeting the 'end of the Gaddafi regime' and editorials throughout the corporate media world speculating about the post-Gaddafi future of Libya.
Strong East Coast quake highly unusual: scientist | Reuters
Strong East Coast quake highly unusual: scientist | Reuters: The strong earthquake that rattled the eastern United States on Tuesday was highly unusual in its severity, though it was centered in a part of Virginia known for smaller quakes, seismologists said.
The initial earthquake, which registered a magnitude of 5.9 just before 2 p.m. EDT, was felt from the Carolinas to New England.
"One of this size is highly unusual," said Karen Fisher, a professor of seismology at Brown University and president-elect of the seismology section at the American Geophysical Union. "This is the largest earthquake by far that I am aware of occurring there in recent history."
The initial earthquake, which registered a magnitude of 5.9 just before 2 p.m. EDT, was felt from the Carolinas to New England.
"One of this size is highly unusual," said Karen Fisher, a professor of seismology at Brown University and president-elect of the seismology section at the American Geophysical Union. "This is the largest earthquake by far that I am aware of occurring there in recent history."
Earthquake advice from Homeland Security: Don't call - Tony Romm - POLITICO.com
Earthquake advice from Homeland Security: Don't call - Tony Romm - POLITICO.com: “Very high call volumes post East Coast quake, but no known network damage at Verizon. As you place calls, you may get temp. busy signals,” Verizon tweeted to followers.
A spokesman for Verizon Wireless later told POLITICO there’s no damage to the wireless network, “which is built for reliability in situations like this.” While the spokesman did note there was “some network congestion,” he added the network has “been returning to normal quickly.”
A spokesman for Verizon Wireless later told POLITICO there’s no damage to the wireless network, “which is built for reliability in situations like this.” While the spokesman did note there was “some network congestion,” he added the network has “been returning to normal quickly.”
Will Irene Reach D.C. Area? | NBC Washington
Will Irene Reach D.C. Area? | NBC Washington: As Hurricane Irene barrels north towards the Florida coast, it is looking more and more likely the storm will make a big splash on the D.C. region this weekend.
In a conference call with reporters, the Federal Emergency Management Agency stressed, "hurricanes are not only a southern thing," saying this storm could affect coastal states all the way up to New England.
The National Weather Service has classified the storm as a Category 2 hurricane, with current winds near 100 miles per hour. Now moving through the Caribbean, Irene's power is expected to increase over the next 48 hours, and could build to Category 3.
In a conference call with reporters, the Federal Emergency Management Agency stressed, "hurricanes are not only a southern thing," saying this storm could affect coastal states all the way up to New England.
The National Weather Service has classified the storm as a Category 2 hurricane, with current winds near 100 miles per hour. Now moving through the Caribbean, Irene's power is expected to increase over the next 48 hours, and could build to Category 3.
The Washington Monument Is Almost Certainly Not Leaning - National - The Atlantic Wire
The Washington Monument Is Almost Certainly Not Leaning - National - The Atlantic Wire: Amid reports of spotty cellphone service and "localized casualties," Tuesday's earthquake gave rise to a completely fantastic rumor that slowly seems to be gaining merit -- or at least earnest investigation: That the Washington Monument was tilting to one side. About 45 minutes after the 1:51 p.m. quake, Fox News started reporting that it had gotten reports the Washington Monument was leaning. "Megyn Kelly just shared word that a D.C. police officer told a Fox News producer that there is concern that the Washington Monument may tilting following a 5.9 magnitude earthquake," Fox News Insider reported. The Washington Times picked up the story, and Twitter immediately seized on it as one of the most fascinating (if unbelievable) reports of the day.
What?! An earthquake? East Coast reacts with shock - latimes.com
What?! An earthquake? East Coast reacts with shock - latimes.com: The magnitude 5.8 earthquake that struck Virginia on Tuesday gives new meaning to the word "aftershock." Residents up and down the East Coast had trouble believing what they were feeling -- that the earth was literally trembling beneath their feet.
In sending texts and emails to subscribers, New York's emergency alert system tried to make quite sure that residents knew this wasn't a joke: An alert went out at 2:12 p.m. Eastern with the heading: "This is an ACTUAL EARTHQUAKE ALERT."
After all, an earthquake is the kind of thing that's supposed to happen in Los Angeles. But not New York City. Or Boston. Or Washington, D.C. Or North Carolina. (There were a smattering of reports that the quake was felt in Ohio and even Ontario.) Yet, up and down the East Coast on Tuesday people reacted with outright shock and disbelief as the news was confirmed by the U.S. Geological Service
In sending texts and emails to subscribers, New York's emergency alert system tried to make quite sure that residents knew this wasn't a joke: An alert went out at 2:12 p.m. Eastern with the heading: "This is an ACTUAL EARTHQUAKE ALERT."
After all, an earthquake is the kind of thing that's supposed to happen in Los Angeles. But not New York City. Or Boston. Or Washington, D.C. Or North Carolina. (There were a smattering of reports that the quake was felt in Ohio and even Ontario.) Yet, up and down the East Coast on Tuesday people reacted with outright shock and disbelief as the news was confirmed by the U.S. Geological Service
It's alive! Space station's humanoid robot awake - Yahoo! News
It's alive! Space station's humanoid robot awake - Yahoo! News: NASA's humanoid robot has finally awakened in space.
Ground controllers turned Robonaut on Monday for the first time since it was delivered to the International Space Station in February. The test involved sending power to all of Robonaut's systems. The robot was not commanded to move; that will happen next week.
"Those electrons feel GOOD! One small step for man, one giant leap for tinman kind," Robonaut posted in a Twitter update. (All right, so a Robonaut team member actually posted Monday's tweets under AstroRobonaut.)
The four visible light cameras that serve as Robonaut's eyes turned on in the gold-colored head, as did the infrared camera, located in the robot's mouth and needed for depth perception. One of Robonaut's tweets showed the view inside the American lab, Destiny.
Ground controllers turned Robonaut on Monday for the first time since it was delivered to the International Space Station in February. The test involved sending power to all of Robonaut's systems. The robot was not commanded to move; that will happen next week.
"Those electrons feel GOOD! One small step for man, one giant leap for tinman kind," Robonaut posted in a Twitter update. (All right, so a Robonaut team member actually posted Monday's tweets under AstroRobonaut.)
The four visible light cameras that serve as Robonaut's eyes turned on in the gold-colored head, as did the infrared camera, located in the robot's mouth and needed for depth perception. One of Robonaut's tweets showed the view inside the American lab, Destiny.
Man Asks Pedestrian for $1, Then Stabs Him | NBC New York
Man Asks Pedestrian for $1, Then Stabs Him | NBC New York: Police are looking for a man who stabbed a pedestrian on Long Island after asking him for a dollar.
Nassau County police say the 27-year-old victim was walking on Nassau Road in Roosevelt Monday evening when the suspect approached and asked him for one dollar.
The victim said he didn't have any money and continued walking.
Police say the suspect followed him and then pulled out a knife and stabbed him in the stomach and hand multiple times.
Nassau County police say the 27-year-old victim was walking on Nassau Road in Roosevelt Monday evening when the suspect approached and asked him for one dollar.
The victim said he didn't have any money and continued walking.
Police say the suspect followed him and then pulled out a knife and stabbed him in the stomach and hand multiple times.
Crime Spikes Throughout New York City, Could Lead To First Overall Increase In Decades « CBS New York
Crime Spikes Throughout New York City, Could Lead To First Overall Increase In Decades « CBS New York: New York City’s overall crime rate could increase for the first time in decades, driven by alarming spikes in murder, rapes and robberies in many neighborhoods.
A 400 percent increase in murders in tony Williamsburg; a 400 percent increase in rapes in Sheepshead Bay and a 250 percent increase in killings in Washington Heights are all troublesome statistics that have Mayor Michael Bloomberg and police officials concerned.
“We worry every day about trying to make this city safer,” Mayor Bloomberg said Monday.
A 400 percent increase in murders in tony Williamsburg; a 400 percent increase in rapes in Sheepshead Bay and a 250 percent increase in killings in Washington Heights are all troublesome statistics that have Mayor Michael Bloomberg and police officials concerned.
“We worry every day about trying to make this city safer,” Mayor Bloomberg said Monday.
East Coast Quake Reportedly Felt In Chicago « CBS Chicago
East Coast Quake Reportedly Felt In Chicago « CBS Chicago: The 5.9 magnitude earthquake that rattled the East Coast on Tuesday may have been felt here in Chicago.
Immediately after the quake hit in Virginia, the City of Chicago reported that they received several 911 calls about shaking and rattling in the city.
Several people in the northern suburbs, including Evanston, Skokie and Deerfield, reported feeling mild shaking in their offices.
Immediately after the quake hit in Virginia, the City of Chicago reported that they received several 911 calls about shaking and rattling in the city.
Several people in the northern suburbs, including Evanston, Skokie and Deerfield, reported feeling mild shaking in their offices.
Stones fall off Washington National Cathedral - WTOP.com
Stones fall off Washington National Cathedral - WTOP.com: A spokesman for Washington National Cathedral says at least three of the four pinnacles on the central tower have fallen off and the central tower appears to be leaning.
The pinnacles are the top stones on the cathedral's towers.
Richard Weinberg, director of communications for the cathedral, said the cathedral has been evacuated and stone masons are assessing the damage.
The pinnacles are the top stones on the cathedral's towers.
Richard Weinberg, director of communications for the cathedral, said the cathedral has been evacuated and stone masons are assessing the damage.
Nuclear Plant Near Epicenter Shuts Down | NBC Washington
Nuclear Plant Near Epicenter Shuts Down | NBC Washington: A nuclear power plant located in Louisa County, the epicenter of the earthquake in Virginia, has shut down.
The North Anna Power Station, operated by Dominion Power, has two reactors. Both reactors tripped automatically at the time of the quake and shut down.
The plant declared an "unusual event" in the wake of the 5.9 magnitude quake, which is the lowest stage on the plant's emergency scale.
As a result, the plant has been shut down.
The North Anna Power Station, operated by Dominion Power, has two reactors. Both reactors tripped automatically at the time of the quake and shut down.
The plant declared an "unusual event" in the wake of the 5.9 magnitude quake, which is the lowest stage on the plant's emergency scale.
As a result, the plant has been shut down.
U.S. Fault Lines GRAPHIC: Earthquake Hazard MAP
U.S. Fault Lines GRAPHIC: Earthquake Hazard MAP: Some may be curious of the U.S. fault lines with earthquakes in the news lately.
The fact is most states are at risk of major earthquakes, with 39 of the 50 states in moderate to high risk areas for seismic activity, ABC News reports.
The fact is most states are at risk of major earthquakes, with 39 of the 50 states in moderate to high risk areas for seismic activity, ABC News reports.
Guess How Much Wall Street Borrowed From Fed During Crisis While Americans Went Bust?
Guess How Much Wall Street Borrowed From Fed During Crisis While Americans Went Bust?: After months of litigation and an act of Congress, Bloomberg has an exclusive on the massive lending by the Federal Reserve to Wall Street banks during the height of the financial crisis in 2008.
On top of the $160 billion in loans from the Treasury Department, banks — including those based overseas — borrowed $669 billion from the Fed, with the Fed's peak balance at one point reaching a staggering $1.2 trillion.
According to Bloomberg, the $1.2 trillion is about the same amount as homeowners owe on 6.5 million delinquent mortgages, three-times the size of the federal deficit in 2008, and more than the total earnings of federally insured banks in the last decade.
On top of the $160 billion in loans from the Treasury Department, banks — including those based overseas — borrowed $669 billion from the Fed, with the Fed's peak balance at one point reaching a staggering $1.2 trillion.
According to Bloomberg, the $1.2 trillion is about the same amount as homeowners owe on 6.5 million delinquent mortgages, three-times the size of the federal deficit in 2008, and more than the total earnings of federally insured banks in the last decade.
NYC feels tremors from quake in Virginia area - WSJ.com
NYC feels tremors from quake in Virginia area - WSJ.com: Buildings in New York City shook briefly Tuesday afternoon as an earthquake originating in Virginia rattled the ground.
Government buildings in the city, including City Hall, were evacuated. The 26-story federal courthouse in lower Manhattan began swaying and hundreds of people were seen leaving the building. Court officers weren't letting people back in.
—Copyright 2011 Associated Press
Government buildings in the city, including City Hall, were evacuated. The 26-story federal courthouse in lower Manhattan began swaying and hundreds of people were seen leaving the building. Court officers weren't letting people back in.
—Copyright 2011 Associated Press
PAIR OF RATTLERS: 5.8 quake hits W.Va.; 5.3 strikes Colorado, New Mexico - ContraCostaTimes.com
PAIR OF RATTLERS: 5.8 quake hits W.Va.; 5.3 strikes Colorado, New Mexico - ContraCostaTimes.com: A 5.8 magnitude earthquake centered northwest of Richmond, Va., shook much of Washington, D.C., and was felt as far north as Rhode Island and New York City.
The U.S. Geological Survey said the earthquake was 3.7 miles deep. Shaking was felt at the White House and all over the East Coast, as far south as Chapel Hill, N.C. Parts of the Pentagon, White House and Capitol were evacuated. The quake was in Mineral, Va., in Louisa County.
Meanwhile, the strongest earthquake to strike Colorado in more than 40 years shook awake hundreds of people, toppled groceries off shelves and caused minor damage to homes in the southern part of the state and in northern New Mexico. No injuries were reported as aftershocks continued Tuesday.
"Here we go again, there's another one starting. We got to get out of here," said Garry Ringo, owner of Ringo's Super Trading Post in the small town of Segundo, Colo., as bottles on shelves rattled in the background during an interview with The Associated Press.
The U.S. Geological Survey said the earthquake was 3.7 miles deep. Shaking was felt at the White House and all over the East Coast, as far south as Chapel Hill, N.C. Parts of the Pentagon, White House and Capitol were evacuated. The quake was in Mineral, Va., in Louisa County.
Meanwhile, the strongest earthquake to strike Colorado in more than 40 years shook awake hundreds of people, toppled groceries off shelves and caused minor damage to homes in the southern part of the state and in northern New Mexico. No injuries were reported as aftershocks continued Tuesday.
"Here we go again, there's another one starting. We got to get out of here," said Garry Ringo, owner of Ringo's Super Trading Post in the small town of Segundo, Colo., as bottles on shelves rattled in the background during an interview with The Associated Press.
Libya rebels capture Kadhafi's Tripoli compound: AFP
Libya rebels capture Kadhafi's Tripoli compound: AFP: Rebel fighters captured Moamer Kadhafi's heavily defended Bab al-Aziziya compound and headquarters in Tripoli on Tuesday after a day of heavy fighting, an AFP correspondent witnessed.
There was no immediate word on Kadhafi's whereabouts after the insurgents breached the defences as part of a massive assault that began in the morning.
There was no immediate word on Kadhafi's whereabouts after the insurgents breached the defences as part of a massive assault that began in the morning.
Quake Hits Virginia, Shakes Eastern US, Perturbs Markets - MarketBeat - WSJ
Quake Hits Virginia, Shakes Eastern US, Perturbs Markets - MarketBeat - WSJ: An earthquake just hit Virginia, and the tremors were felt all the way up here in Manhattan, where markets were a little shaken, too.
The quake’s epicenter was in Mineral, Virginia, southwest of DC, in the middle of Virginia. The magnitude was 5.9, according to USGS — they upgraded that from an initial reading of 5.8.
Apparently there were tremors felt as far away as Martha’s Vineyard, Detroit and parts of Ohio. That’s a really wide area of impact for a relatively small quake.
Update: Just breezed through the many, many comments, and see that people are talking about feeling it as far away as Georgia and Canada. Wow.
The quake’s epicenter was in Mineral, Virginia, southwest of DC, in the middle of Virginia. The magnitude was 5.9, according to USGS — they upgraded that from an initial reading of 5.8.
Apparently there were tremors felt as far away as Martha’s Vineyard, Detroit and parts of Ohio. That’s a really wide area of impact for a relatively small quake.
Update: Just breezed through the many, many comments, and see that people are talking about feeling it as far away as Georgia and Canada. Wow.
KERA: Colorado shaken by its biggest quake in decades (2011-08-23)
KERA: Colorado shaken by its biggest quake in decades (2011-08-23): A 5.3 magnitude earthquake, the biggest in the state in some four decades, shook Colorado late on Monday in an area of the United States where quakes are rare, the U.S. Geological Survey said on Tuesday.
The quake struck at 11:46 p.m. Monday night 180 miles south of Denver and 20 miles northwest of Raton, New Mexico, at a depth of 2.5 miles.
Area media reported minor damage to some homes but no injuries or deaths.
"It's a seismically active area so it's not unheard of that you would have an earthquake in this area," USGS National Earthquake Information Center geophysicist Julie Dutton told Reuters Tuesday morning from Golden, Colorado. "But to have a 5.3 anywhere in Colorado, let alone in this area, is rare."
The quake struck at 11:46 p.m. Monday night 180 miles south of Denver and 20 miles northwest of Raton, New Mexico, at a depth of 2.5 miles.
Area media reported minor damage to some homes but no injuries or deaths.
"It's a seismically active area so it's not unheard of that you would have an earthquake in this area," USGS National Earthquake Information Center geophysicist Julie Dutton told Reuters Tuesday morning from Golden, Colorado. "But to have a 5.3 anywhere in Colorado, let alone in this area, is rare."
5.9 magnitude quake rocks East Coast
5.9 magnitude quake rocks East Coast: Update at 2:15 p.m. ET: "It scared the heck out of me, I'm still shaking," said Joan Morris, spokewoman for the northern district of the Virginia Department of Transportation. A few minutes after the quake, there were no reports of damage to roads or bridges in the state, Morris said.
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