Thursday, February 20, 2014

Judge: Nebraska governor exceeded authority in approving Keystone pipeline

Signs attached to a fence on the property of Jim Tarnick, a
farmer opposed to the controversial Keystone XL pipeline,
are pictured April 17, 2013 in Fullerton, Nebraska.
(AFP Photo / Guillaume Meyer)
Judge: Nebraska governor exceeded authority in approving Keystone pipeline
Feb 19, 2014 | RT

A judge has ruled against a Nebraska law that allowed the construction of the Keystone XL pipeline through the state in order to transport crude tar sands oil from western Canada to the Gulf Coast.

Lancaster County Judge Stephanie Stacy struck down Nebraska Gov. Dave Heineman’s approval of the pipeline route on Wednesday. Stacy said that jurisdiction over such a decision belongs to the pertinent state regulator, the Nebraska Public Service Commission.

Gov. Heineman said later Wednesday he would appeal the state court ruling, Reuters reported.

Three Nebraska landowners opposed to the pipeline filed the lawsuit.

"Under the Court's ruling, [pipeline owner] TransCanada has no approved route in Nebraska," Dave Domina, the landowners' attorney, said in a statement, according to AP. "TransCanada is not authorized to condemn the property against Nebraska landowners. The pipeline project is at standstill in this state."
 
AP reported that TransCanada could not be reached for comment.

In January 2013, Heineman sent a letter to President Barack Obama confirming that he would allow the controversial pipeline through the state. The decision came amid much opposition from landowners and others warning that the pipeline could contaminate the Ogallala aquifer, a major groundwater supply. Opponents said the governor did not have the authority to approve the route.

Heineman had opposed the pipeline running through the state’s Sandhills region, which is full of grassy sand dunes that are at high risk for erosion. Yet he said in the letter to Obama that the 195-mile route through Nebraska would avoid the area. He said any spills of the crude tar sands would be localized, and that TranCanada would fulfill cleanup responsibilities.

The ruling will likely cause further delays in completing the 1,179-mile, $7 billion pipeline.

Obama is expected to make a final decision on the pipeline by mid-2014. The southern leg of the pipeline began operations last month.

Much of the resistance to the pipeline centers around increased greenhouse gas emissions connected with crude tar sands development. This requires a more energy-intensive process than the production of plain crude oil, since a substance known as bitumen must be extracted from the Alberta tar sands through means such as surface mining or injecting steam into the ground.

Opponents of Keystone XL have several concerns regarding the pipeline – including the carbon-intensive impact from tar sands extraction, which they believe will worsen the effects of climate change. They are also concerned that the pipeline will put nearby communities at risk of oil spills into water supplies.

Critics have also pointed out that most of the oil that will travel through Keystone XL will go to growing economies overseas - like China - that have an increasing demand for more fossil fuels. The pipeline, detractors say, is unlikely to lower the price of gasoline in the US.

Proponents echo TransCanada and the Canadian government, saying the project will create tens of thousands of jobs for the communities near the pipeline in the US. The State Department has made a far more modest prediction, estimating that the pipeline will create an immediate 5,000 to 6,000 jobs. Others, however, have said that long-term job creation is nowhere near either estimate. President Obama said as much last March.

"The most realistic estimates are this might create maybe 2,000 jobs during the construction of the pipeline, which might take a year or two, and then after that we're talking about somewhere between 50 and 100 jobs in an economy of 150 million working people,” he said.

Late last month, the US State Department issued a report – prepared by a research company with ties to TransCanada – on the environmental impact of Keystone XL, raising few objections to the prospective ecological damage and harm to human health caused by the pipeline and its functions. While not taking a stance on the pipeline, the State Department said in the report that negating it would not impact the movement of oil from Alberta to Texas. It also suggested that it would be safer to transport 830,000 barrels per day (bpd) of crude by pipeline than by rail.

Minnesota - Land of Ten Thousand Toxic Lakes

Minnesota - Land of Ten Thousand Toxic Lakes
Feb 19, 2014 | TheLipTV

Minnesota's lakes are polluted and full of hazardous waste, according to a recent report by the Minnesota Pollution Control Agency. Poisons, drugs and endocrine disrupters are found in large numbers in the waters, and they are having a huge effect on the animals and people that are exposed to them. The pollution is acting as a footprint for society that is awash in chemicals, and we discuss the implications in this clip from the Buzzsaw news with Tyrel Ventura and Tabetha Wallace.


Watch the full episode here:
https://www.youtube.com/watch?v=rdAX7...

Wednesday, February 19, 2014

Mt Rainier could get almost 9 ft (271 cm) of snow in next 3 days

image
Mt Rainier could get almost 9 ft (271 cm) of snow in next 3 days
Feb 18, 2014 | Ice Age Now

  • This Afternoon Snow. The snow could be heavy at times. High near 13. Chance of precipitation is 100%. Total daytime snow accumulation of 26 to 32 inches possible.
  • Tonight Snow. Low around 1. Chance of precipitation is 100%. New snow accumulation of 13 to 19 inches possible.
  • Wednesday Snow showers. Temperature falling to around 1 by 7am. Chance of precipitation is 100%. New snow accumulation of 8 to 12 inches possible.
  • Wednesday Night Snow. The snow could be heavy at times. Low around 3. Chance of precipitation is 90%. New snow accumulation of 16 to 22 inches possible.
  • Thursday Snow. The snow could be heavy at times. High near 6. Chance of precipitation is 100%. New snow accumulation of 11 to 17 inches possible.
  • Thursday Night Snow showers likely. Mostly cloudy, with a low around -4. Chance of precipitation is 70%. New snow accumulation of 3 to 7 inches possible.
Point Forecast: Mt Rainier WA 46.87°N 121.75°W (Elev. 10814 ft)
http://forecast.weather.gov/MapClick.php?lat=46.87&lon=-121.75#.UwPC9YXN7Wg

Is Comcast Merger with Time Warner in the Public Interest?

Is Comcast Merger with Time Warner in the Public Interest?
Feb 18, 2014 | Ben Swann

Comcast is preparing to buy up Time Warner combining the nations largest and second largest cable providers spending about 45 million dollars to do so. So why is the Comcast attempt to merge with Time Warner a big deal? Two words: Public Interest. Watch the video to see why Ben says the Public Interest will not be served with this merger.

Tuesday, February 18, 2014

Foreclosure Filings Jump as Investors Eye Exits

Image source: US Census Bureau, Housing Vacancy Survey.
Foreclosure Filings Jump as Investors Eye Exits
Feb 17, 2014 | It's Our Economy | Mike Whitney
“Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.”

-John Maynard Keynes, The General Theory of Employment, Interest and Money
It’s too bad Keynes isn’t around today to see how the toxic combo of financial engineering, central bank liquidity and fraud have transformed the world’s biggest economy into a hobbled, crisis-prone invalid that’s unable to grow without giant doses of zero-rate heroin and mega-leverage crack-cocaine. This is exactly what the British economist warned about more than half a century ago in his magnum opus, “The General Theory…”, that you can’t build a vital, prosperous economy on the ripoff, Ponzi scams of Wall Street charlatans, mountebanks and swindlers. It can’t be done. And, yet– here we are again– in the middle of another historic asset-price bubble conceived and engineered by the bubbleheaded crackpots at the Federal Reserve. Go figure?

Just take a look at housing, which is at the end of an astonishing 18-month run that was entirely precipitated by what?

Higher wages?

Nope.

Lower unemployment?

Wrong again.

Consumer confidence, bigger incomes, credit expansion, growing revenues, pent-up demand?

No, no, no, no and no. Economic fundamentals played no part in the so called housing rebound. In fact–as everyone knows–the economy stinks as bad today as it did 4 years ago when the government number-crunchers announced the end of the recession. The reason prices have been rising is because of the Fed’s loosy-goosey monetary policy (fake rates and QE), inventory suppression, bogus gov mortgage modification programs, and unprecedented speculation. (mainly Private Equity and investors groups) Those are the four legs of the stool propping up housing. Only now it looks like a couple of those legs are in the process of being sawed off which is going to put downward pressure on sales and prices. Take a look at this from DS News:
“A majority of experts surveyed by Zillow and Pulsenomics expect large-scale investors will pull out of the housing market in the next few years…

Out of 110 economists, real estate experts, and investment strategists surveyed in Zillow’s latest Home Value Index, 57 percent said they think institutional investors will work to sell the majority of homes in their portfolios “in the next three to five years.” These investors are largely credited with propping up housing during its recession, helping to keep sales volumes from plummeting too far.

While their withdrawal will most certainly affect today’s still-fragile market—79 percent of those surveyed said the impact would be “significant or somewhat significant” should investor activity curtail this year.”

Experts Predict Level Playing Field as Investors Withdraw, DS News
This is what we were afraid of from the very beginning, that the big PE firms would pack-it-in and move on once they’d made a killing, which they have, since prices soared 12 percent in one year. Now they want to get out while they getting is good, which means that–in some of the hotter markets where investors represented upwards of 50 percent of all purchases–there will have to be a new source of demand. Unfortunately, the demand for housing has never been weaker.

Sales are down, purchase applications are down, and the country’s homeownership rate has slipped to levels not seen since 1995, 18 years ago. The Fed’s $1 trillion purchase of mortgage backed securities (MBS) and zero rates have done nothing to stimulate “organic” consumer demand. Zilch. No “trickle down” at all. All the policy has done is generate a temporary surge of speculation that’s distorted prices and created conditions for another big bust. Get a load of this article from Housing Perspectives:

“Although household growth is the major driver of housing demand, getting an accurate picture of recent trends in this measure is difficult…In its recent release, the HVS reported annual household growth of just 448,800 in 2013. This represents a 48 percent drop in household growth relative to that from 2012 and marked the lowest annual household growth measure since 2008, in the depths of the Great Recession (Figure 1).

Repeat: “…a 48 percent drop in household growth relative to that from 2012 and marked the lowest annual household growth measure since 2008, in the depths of the Great Recession.”

Do you really think there are enough firsttime homebuyers in out there in Mortgageland to fill that gap?

In your dreams! Keep in mind, that a lot of firsttime homebuyers are collage grads who want to start a family and put down roots. Regrettably, nearly half of those potential buyers have been scrubbed from the list due to their burgeoning student loans which now exceed $1 trillion. These kids will probably never own a home, let-alone have a positive impact on sales in 2014. Ain’t gonna happen.

Maybe this is why the banks are suddenly speeding up their foreclosure filings, because they want to offload more of their distressed inventory before prices fall. Is that it? Check out this article on Housingwire:
“Monthly foreclosure filings — including default notices, scheduled auctions and bank repossessions — reversed course and increased 8% to 124,419 in January from December, according to the latest report from RealtyTrac.

This marks the 40th consecutive month where foreclosure activity declined on an annual basis, with filings down 18% from January…

As a whole, 57,259 U.S. properties started the foreclosure process for the first time in January, rising 10% from December…

…this month’s foreclosure starts increased from a year ago in 22 states, including Maryland (up 126%), Connecticut (up 82%), New Jersey (up 79%), California (up 57%), and Pennsylvania (up 39%).

Scheduled foreclosure auctions jumped 13% in January compared to the previous month.” RealtyTrac: Monthly foreclosure filings reverse course, rise 8%, Housingwire
Like most articles on housing, you have to sift through the bullshit to figure out what’s really going on, but it’s worth the effort. The banks have been dragging their feet for 40 months now, slowing down the foreclosure process (and adding to the shadow supply of distressed homes.) in order to push up prices hoping to ignite another boom. Now–after 3 and a half years of blatant collusion–they’ve done a 180 and started speeding up foreclosures. Why?

It’s because they agree with the above-mentioned “110 economists, real estate experts, and investment strategists” who think that “institutional investors” are going to call-it-quits and move on to greener pastures. That’s going to push down prices, which means they’re going to lose money. So they want to get ahead of the curve and dump more houses on the market before the stampede. That way, they lose less money.

Keep in mind, the banks are up-to-their-eyeballs in distressed inventory. Even conservative estimates of shadow backlog puts the figure of 90-day delinquent or worse, above 3 million homes. But if you review the gloomier prognostications, the sum could easily exceed 6 million homes, enough to suck the entire bleeding banking system into a black hole of insolvency. There was an interesting article on the topic in Bloomberg last week. It seems that, “bond king” Jeffrey Gundlach has been warning mortgage-backed security purchasers that they should to pay more attention to underlying collateral in MBSs (vacant homes, that is) which have been “rotting away” for “six years” or more. Here’s a clip from the article:
“The housing market is softer than people think,” Mr. Gundlach said, pointing to a slowdown in mortgage refinancing, shares of homebuilders that have dropped 13% since reaching a high in May, and the time it’s taking to liquidate defaulted loans…

About 32% of seriously delinquent borrowers, those at least 90 days late, haven’t made a payment in more than four years, up 7% from the beginning of 2012, according to Fitch analyst Sean Nelson.

“These timelines could still increase for another year or so,” Mr. Nelson said, leading to even higher losses because of added legal and tax costs, and a greater potential for properties to deteriorate.”

Gundlach Counting Rotting Homes Makes Subprime Bear, Bloomberg
Let me get this straight: The number of “seriously delinquent borrowers” has actually gone up in the last year? Not only that, but many of these people “haven’t made a payment in more than four years”?

That’s a mighty fine recovery you got there, Mr. Bernanke. Sheesh.

Keep in mind, the backlog of unwanted homes could be a lot bigger than most people think. Way bigger. I was reading an article by Keith Jurow the other day, (“The Coming Mortgage Delinquency Disaster”, Keith Jurow, dshort.com) that paints a pretty grim picture of what is really going on behind the faux inventory numbers. Jurow–who has done extensive research on pre-foreclosure notice filings in New York state– says: “The number of monthly foreclosure filings in Suffolk County on Long Island …(were) more than 180,000 (while) fewer than 1,000 foreclosure filings had been served each month in (the last 4 years). By this calculation, Jurow figures that there should have been 1,192,000 foreclosures in New York state while the actual percentage of homes that have been repossessed remains in the single digits. (Read the wholearticle here.)

Chew on that for a minute. So, that’s a total of 180,000 homeowners who would have faced foreclosure under normal conditions, while less than 48,000 have actually been foreclosed. That’s 132,000 fewer foreclosures than there should have been IN JUST ONE COUNTY IN ONE STATE ALONE.”

The reason the prodigious shadow stockpile continues to balloon is quite simple, as Jurow points out in his piece: “Servicers do not foreclose on seriously delinquent borrowers throughout the entire NYC metro area. Completed foreclosures have actually declined rather dramatically throughout the nation in the past two years. The difference is that in the NYC metro, the servicers have not been foreclosing since the spring of 2009.”

So, there you have it; the banks haven’t been foreclosing because it hasn’t been in their interest to foreclose. Foreclosure sales push down prices which batters balance sheets and scares shareholders. Who wants that? So the game goes on. Only now, the dynamic is changing. Skittish investors are eyeing the exits, QE is winding down, and housing prices have peaked. The recovery has reached its zenith, which is why the bankers want get off on the top floor before the elevator begins its bumpy descent.

People who are thinking about buying a house in the near future, should watch developments in the market closely and proceed with extreme caution. No one wants to get burned in another bank swindle.

MIKE WHITNEY lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at fergiewhitney@msn.com.

Originally published in Counterpunch.

Why Does Ancient Art Contain Depictions Of Flying Aircraft, Helicopters And Dinosaurs?

Why Does Ancient Art Contain Depictions Of Flying Aircraft, Helicopters And Dinosaurs?
Feb 17, 2014 | The Truth Wins | Michael Snyder

The history of our planet is far more complex than most people would dare to imagine.  According to the commonly accepted version of history that is taught in high schools and colleges all over the United States, ancient man was a very simple creature with extremely limited knowledge.  Unfortunately for those that promote this flawed version of history, archaeologists keep digging up stuff that directly contradicts it.  The truth is that there is a tremendous amount of evidence of great intellectual achievement in the ancient world.  For example, just consider the Great Pyramid of Giza.  It is a true technological marvel.  It is such a massive structure built with such extraordinary precision that modern technology is only just now starting to catch up with it.  We think that we could possibly build a similar structure today if we wanted to, but modern man has never actually constructed anything like it.  And as you will see below, the Great Pyramid of Giza is far from the only example of advanced technology in the ancient world that we find in Egypt.

Posted below is a photograph of a wall in an ancient Egyptian temple at Abydos.  Look at the hieroglyphics very carefully.

© The Truth Wins
Do you see anything strange?

Researcher Lyn Leahz wrote about these incredibly bizarre hieroglyphics the other day.  The following is what she had to say about them…
Decorating an Egyptian temple wall at Abydos are strange hieroglyphics which depict what appears to be modern day aircraft. This finding has caused much controversy among Egyptologists and archaeologists who are not sure what to think. How could people 2-3,000 years ago possibly have known about modern-day aircraft?

When Dr. Ruth Hover and her husband took a trip to the pyramids and temples of Egypt, they were shocked when they discovered, in the temple at Abydos, hieroglyphics depicting modern-day aircraft. She photographed a wall panel in a section where an overlaying panel with Egyptian hieroglyphics crumbled and fell, revealing an older panel beneath it. This older panel, shown above, contains images of what appear to be modern-day technology—a helicopter, a submarine, a glider, and another unknown type of aircraft (some believe resemble the Hindenburg).
So how do those promoting the commonly accepted version of history explain this?
They can’t.

In the video shared below, Lyn Leahz shares even more about these hieroglyphics and discusses additional “out of place artifacts” around the globe…


There is also mounting evidence that mankind had knowledge of dinosaurs in ancient times.

Posted below is a photo of an ancient engraving on a Buddhist temple in Cambodia known as the Ta Prohm Stegosaurus.  According to the commonly accepted version of history, such an engraving should be absolutely impossible because dinosaurs died out millions of years ago and modern scientists only started digging them up a couple hundred years ago.  And yet this engraving is there…

© The Truth Wins
According to archaeologists, this temple in Cambodia is approximately 800 years old
Deep in the jungles of Cambodia are ornate temples and palaces from the Khmer civilization. One such temple, Ta Prohm, abounds with stone statues and reliefs. Almost every square inch of the gray sandstone is covered with ornate, detailed carvings. These depict familiar animals like monkeys, deer, water buffalo, parrots, and lizards. However, one column contains an intricate carving of a stegosaur-like creature. But how could artisans decorating an 800 year old Buddhist temple know what a dinosaur looked like? Western science only began assembling dinosaurs skeletons in the past two centuries.
Very strange stuff.

Another unexpected place where we find “ancient dinosaur art” is on the ancient Ica Stones that were discovered down in Peru.  These stones were originally found by the Spanish in 1535, and Spanish explorers sent some of these stones back to Spain in 1562.

The art on many of these stones is extremely beautiful, but what makes them extremely controversial is the fact that many of them appear to contain clear depictions of dinosaurs.  Here is one example…

© The Truth Wins
And here is another example.  If you look closely at this one, you can see what very much looks like a Triceratops

Once again, those promoting the commonly accepted version of history are at a loss to explain this.  Most commonly, they attempt to explain this phenomenon away as a hoax because locals did start creating fake “Ica stones” in recent years once they discovered that tourists wanted to buy them.

But the Ica stones that are considered to be authentic contain some remarkable details.  In fact, much of the anatomical knowledge about dinosaurs depicted on these stones was only discovered by modern scientists just very recently
Other items of anatomical accuracy that attest to the authenticity of these Ica Stone depictions include the positioning of the tail and legs. Early critics said the Ica Stones were fakes, in part because their tails were sticking out while walking. Paleontologists in the 1960s were confident that dinosaurs dragged their tails. The paleontologists were wrong and the Ica Stones were right.  Scientists now believe dinosaurs held their massive tails off the ground while walking, because there are no drag marks on dinosaur trackways.  The dinosaurs on the Ica Stones are depicted standing upright, rather than with legs splayed out in a lizard-like position. That, according to dinosaur experts, is “dead on” accurate.
© The Truth Wins
Of course the Ica Stones are just one of the incredible examples of ancient dinosaur art that have been discovered all over the world.  For many, many more examples of this phenomenon, just check out the article that you can find right here.

Anyone that attempts to convince you that humans that lived thousands of years ago were bumbling dolts that were lucky to build mud huts and cover their genitals with grass skirts is lying to you.

The truth is that human history is incredibly complex.  There are monolithic structures all over the planet that are still standing after thousands of years that remind all of us that great civilizations with amazing technologies once thrived.

And there is actually evidence that modern humans are actually getting dumber.  A Stanford University biology professor recently published a work in which he expressed his conclusion that humans have been getting dumber for thousands of years.

Also, Dr. John Sanford of Cornell University has conducted groundbreaking research that demonstrates conclusively that the human genome is steadily degenerating and is eventually heading toward extinction.
So perhaps we should not think of ourselves as so superior to ancient humanity.  The reality is that they may have been physically and mentally superior to us in many ways.

About the author: Michael T. Snyder is a former Washington D.C. attorney who now publishes The Truth. His new thriller entitled “The Beginning Of The End” is now available on Amazon.com.

Preview: Symphony of the Soil

Symphony of the Soil
Feb 17, 2014 | Cryptogon


Drawing from ancient knowledge and cutting edge science, Symphony of the Soil is an artistic exploration of the miraculous substance soil. By understanding the elaborate relationships and mutuality between soil, water, the atmosphere, plants and animals, we come to appreciate the complex and dynamic nature of this precious resource. The film also examines our human relationship with soil, the use and misuse of soil in agriculture, deforestation and development, and the latest scientific research on soil’s key role in ameliorating the most challenging environmental issues of our time. Filmed on four continents, featuring esteemed scientists and working farmers and ranchers, Symphony of the Soil is an intriguing presentation that highlights possibilities of healthy soil creating healthy plants creating healthy humans living on a healthy planet.

More: New York Times

Research Credit: almaverdad2

Japan hit by deadly snowstorms

The roof of an aircraft hanger collapsed under
heavy snow, leaving a tail fin poking through

© Reuters
Japan hit by deadly snowstorms
Feb 16, 2014 | BBC

At least 11 people have killed by a record-breaking snowstorm in Japan, according to local media.

Hundreds of people have been evacuated from their homes and hundreds more injured, as more than one metre (three feet) of snow fell in some areas.

The snow forced airports to cancel flights and closed roads as it barrelled past Tokyo on Saturday.
Forecasters are warning of blizzards and avalanches later, as the storm moves north towards Hokkaido.

Kyodo news agency reported deaths in several prefectures near Tokyo, and other deaths as far south as Oita on Kyushu island.

Reports said roofs of buildings had collapsed under the weight of snow in some areas, and hundreds of drivers had been left stranded in miles-long traffic jams.

Some 27cm of snow was dumped on Tokyo on Friday and Saturday, and several other cities reported record snowfall.

Homeless people are particularly vulnerable as temperatures plummeted below zero.

It is the second major snowstorm to batter Japan in a week.

Last week Tokyo residents were warned of a severe snowstorm for the first time in more than a decade.

Eleven people were also killed in that storm, with more than 1,000 injured nationwide.

Monday, February 17, 2014

Speeding, 900-foot Asteroid to Zoom (Safely) by Earth Monday, Live Stream Available

Speeding, 900-foot Asteroid to Zoom (Safely) by Earth Monday, Live Stream Available
Feb 17, 2014 | Nature World News | James A. Foley

An asteroid the size of nearly three football fields will zoom past Earth on Monday and the so-called "close-approach" will be broadcast online for all to see.

An asteroid the size of nearly three football fields will zoom past Earth on Monday and the
so-called “close-approach” will be broadcast online for all to see. Asteroid 2000 EM26 will fly
at at 27,000 mph at 8.8 lunar distances from Earth. (Photo : Slooh Community Observatory )
The asteroid in question, dubbed 2000 EM26, is estimated to be 885 feet (270 meters) in diameter, and considered a "potentially hazardous asteroid." While it poses no risk of harming Earth, it's worth keeping an eye on, according to officials at the online Slooh Space Camera project, which will track the asteroid as it passes by Earth, broadcasting a live stream of the event here.

Slooh will begin its coverage of the close-approaching asteroid Mon., Feb. 17 at 9 p.m. EST.

Tune in quickly, though. The asteroid will fly by at an estimated speed of 27,000 mph, according to Slooh.

At its closest approach, asteroid 2000 EM26 will be 8.8 lunar distances away from Earth, according to Space.com.

Slooh regularly tracks large asteroids and comets considered to be potentially hazardous to Earth, and since 2003 has connected land-based telescopes to the internet for easy access by the broader public.

"We continue to discover these potentially hazardous asteroids - sometimes only days before they make their close approaches to Earth," Paul Cox, Slooh's technical and research director, said in a statement. "Slooh's asteroid research campaign is gathering momentum with Slooh members using the Slooh robotic telescopes to monitor this huge population of potentially hazardous space rocks. We need to find them before they find us!"

Monday's event happens nearly one year after two remarkable near-Earth asteroid events, one that astronomers knew about, and another that took them by surprise.

On Feb. 15, 2013, astronomers were tracking asteroid "2012 DA14" which Slooh described as "a 40,000 ton space rock, 98ft (30m)in diameter, due to miss Earth by a measly 17,200 miles (27,680 km) closer even than our geosynchronous satellites."

While all eyes were on 2012 DA14, another asteroid - one that was completely off the radar of astronomers - entered Earth's atmosphere above Chelyabinsk, Russia with a force equivalent to more than 20 atomic bombs. Residents of Chelyabinsk were lucky to have all survived the event, which caused significant damage to buildings, as well as injuries to more than 1,000 people, mainly from broken glass.

"On a practical level, a previously-unknown, undiscovered asteroid seems to hit our planet and cause damage or injury once a century or so, as we witnessed on June 20, 1908 and February 15, 2013," Slooh astronomer Bob Berman said in a statement. "Every few centuries, an even more massive asteroid strikes us - fortunately usually impacting in an ocean or wasteland such an Antarctica. But the ongoing threat, and the fact that biosphere-altering events remain a real if small annual possibility, suggests that discovering and tracking all NEOs, as well as setting up contingency plans for deflecting them on short notice should the need arise, would be a wise use of resources."

To commemorate the one-year anniversary of the Chelyabinsk event, 10 gold medals from the 2014 Sochi Winter Olympics were embedded with fragments of the Chelyabinsk asteroid and awarded to athletes on Sat. Feb. 15.

15 Reasons Why Your Food Bill Is Going To Start SOARING

15 Reasons Why Your Food Bill Is Going To Start SOARING
Feb 17, 2014 | ECB | Michael Snyder

Did you know that the U.S. state that produces the most vegetables is going through the worst drought it has ever experienced and that the size of the total U.S. cattle herd is now the smallest that it has been since 1951?  Just the other day, a CBS News article boldly declared that "food prices soar as incomes stand still", but the truth is that this is only just the beginning.  If the drought that has been devastating farmers and ranchers out west continues, we are going to see prices for meat, fruits and vegetables soar into the stratosphere.  Already, the federal government has declared portions of 11 states to be "disaster areas", and California farmers are going to leave half a million acres sitting idle this year because of the extremely dry conditions.  Sadly, experts are telling us that things are probably going to get worse before they get better (if they ever do).  As you will read about below, one expert recently told National Geographic that throughout history it has been quite common for that region of North America to experience severe droughts that last for decades.  In fact, one drought actually lasted for about 200 years.  So there is the possibility that the drought that has begun in the state of California may not end during your entire lifetime.

This drought has gotten so bad that it is starting to get national attention.  Barack Obama visited the Fresno region on Friday, and he declared that "this is going to be a very challenging situation this year, and frankly, the trend lines are such where it's going to be a challenging situation for some time to come."

According to NBC News, businesses across the region are shutting down, large numbers of workers are leaving to search for other work, and things are already so bad that it "calls to mind the Dust Bowl of the 1930s"...
In the state's Central Valley — where nearly 40 percent of all jobs are tied to agriculture production and related processing — the pain has already trickled down. Businesses across a wide swath of the region have shuttered, casting countless workers adrift in a downturn that calls to mind the Dust Bowl of the 1930s.
If you will recall, there have been warnings that Dust Bowl conditions were going to return to the western half of the country for quite some time.

Now the mainstream media is finally starting to catch up.

And of course these extremely dry conditions are going to severely affect food prices.  The following are 15 reasons why your food bill is going to start soaring...

#1 2013 was the driest year on record for the state of California, and 2014 has been exceptionally dry so far as well.

#2 According to the U.S. Drought Monitor, 91.6 percent of the entire state of California is experiencing "severe to exceptional drought" even as you read this article.

#3 According to CNBC, it is being projected that California farmers are going to let half a million acres of farmland sit idle this year because of the crippling drought.

#4 Celeste Cantu, the general manager for the Santa Ana Watershed Project Authority, says that this drought could have a "cataclysmic" impact on food prices...
Given that California is one of the largest agricultural regions in the world, the effects of any drought, never mind one that could last for centuries, are huge. About 80 percent of California's freshwater supply is used for agriculture. The cost of fruits and vegetables could soar, says Cantu. "There will be cataclysmic impacts."
#5 Mike Wade, the executive director of the California Farm Water Coalition, recently explained which crops he believes will be hit the hardest...

Hardest hit would be such annual row crops as tomatoes, broccoli, lettuce, cantaloupes, garlic, peppers and corn. Wade said consumers can also expect higher prices and reduced selection at grocery stores, particularly for products such as almonds, raisins, walnuts and olives.
#6 As I discussed in a previous article, the rest of the nation is extremely dependent on the fruits and vegetables grown in California.  Just consider the following statistics regarding what percentage of our produce is grown in the state...

-99 percent of the artichokes
-44 percent of asparagus
-two-thirds of carrots
-half of bell peppers
-89 percent of cauliflower
-94 percent of broccoli
-95 percent of celery
-90 percent of the leaf lettuce
-83 percent of Romaine lettuce
-83 percent of fresh spinach
-a third of the fresh tomatoes
-86 percent of lemons
-90 percent of avocados
-84 percent of peaches
-88 percent of fresh strawberries
-97 percent of fresh plums

#7 Of course it isn't just agriculture which will be affected by this drought.  Just consider this chilling statement by Tim Quinn, the executive director of the Association of California Water Agencies...
"There are places in California that if we don’t do something about it, tens of thousands of people could turn on their water faucets and nothing would come out."
#8 The Sierra Nevada snowpack is only about 15 percent of what it normally is.  As the New York Times recently explained, this is going to be absolutely devastating for Californians when the warmer months arrive...
Experts offer dire warnings. The current drought has already eclipsed previous water crises, like the one in 1977, which a meteorologist friend, translating into language we understand as historians, likened to the “Great Depression” of droughts. Most Californians depend on the Sierra Nevada for their water supply, but the snowpack there was just 15 percent of normal in early February.
#9 The underground aquifers that so many California farmers depend upon are being drained at a staggering rate...
Pumping from aquifers is so intense that the ground in parts of the valley is sinking about a foot a year. Once aquifers compress, they can never fill with water again. It’s no surprise Tom Willey wakes every morning with a lump in his throat. When we ask which farmers will survive the summer, he responds quite simply: those who dig the deepest and pump the hardest.
#10 According to an expert interviewed by National Geographic, the current drought in the state of California could potentially last for 200 years or more as some mega-droughts in the region have done in the past...
California is experiencing its worst drought since record-keeping began in the mid 19th century, and scientists say this may be just the beginning. B. Lynn Ingram, a paleoclimatologist at the University of California at Berkeley, thinks that California needs to brace itself for a megadrought—one that could last for 200 years or more.
#11 Much of the western U.S. has been exceedingly dry for an extended period of time, and this is hurting huge numbers of farmers and ranchers all the way from Texas to the west coast...

“Ranchers in the West are selling off their livestock," Patzert said. "Farmers all over the Southwest, from Texas to Oregon, are fallowing in their fields because of a lack of water. For farmers and ranchers, this is a painful drought.”
#12 The size of the U.S. cattle herd has been shrinking for seven years in a row, and it is now the smallest that it has been since 1951.  But our population has more than doubled since then.

#13 Extremely unusual weather patterns are playing havoc with crops all over the planet right now.  The following is an excerpt from a recent article by Lizzie Bennett...
Peru, Venezuela, and Bolivia have experienced rainfall heavy enough to flood fields and rot crops where they stand. Volcanic eruptions in Ecuador are also creating problems due to cattle ingesting ash with their feed leading to a slow and painful death.

Parts of Australia have been in drought for years affecting cattle and agricultural production.
Rice production in China has been affected by record low temperatures.

Large parts of the UK are underwater, and much of that water is sea water which is poisoning the soil. So wet is the UK that groundwater is so high it is actually coming out of the ground and adding to the water from rivers and the sea. With the official assessment being that groundwater flooding will continue until MAY, and that’s if it doesn’t rain again between now and then. The River Thames is 65 feet higher than normal in some areas, flooding town after town as it heads to the sea.
#14 As food prices rise, our incomes are staying about the same.  The following is from a CBS News article entitled "Food prices soar as incomes stand still"...
While the government says prices are up 6.4 percent since 2011, chicken is up 18.4 percent, ground beef is up 16.8 percent and bacon has skyrocketed up 22.8 percent, making it a holiday when it's on sale.
#15 As I have written about previously, median household income has fallen for five years in a row.  So average Americans are going to have to make their food budgets stretch more than they ever have before as this drought drags on.

If the drought does continue to get worse, small agricultural towns all over California are going to die off.

For instance, consider what is already happening to the little town of Mendota...
The farms in and around Mendota are dying of thirst. The signs are everywhere. Orchards with trees lying on their sides, as if shot. Former farm fields given over to tumbleweeds. Land and cattle for sale, cheap.
Large numbers of agricultural workers continue to hang on, hoping that somehow there will be enough work for them.  But as Evelyn Nieves recently observed, panic is starting to set in...
Off-season, by mid-February, idled workers are clearly anxious. Farmworkers and everyone else who waits out the winter for work (truckers, diesel providers, packing suppliers and the like) are nearing the end of the savings they squirrel away during the season. The season starts again in March, April at the latest, but no one knows who will get work when the season begins, or how much.
People are scared, panicked even.
I did not write this article so that you would panic.

Yes, incredibly hard times are coming.  If you will recall, the 1930s were also a time when the United States experienced extraordinarily dry weather conditions and a tremendous amount of financial turmoil.  We could very well be entering a similar time period.

Worrying about this drought is not going to change anything.  Instead of worrying, we should all be doing what we can to store some things up while food is still relatively cheap.  Our grandparents and our great-grandparents that lived during the days of the Great Depression knew the wisdom of having a well-stocked food pantry, and it would be wise to follow their examples.

Please share this article with as many people as you can.  The United States has never faced anything like this during most of our lifetimes.  We need to shake people out of their "normalcy bias" and get them to understand that big changes are coming.