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It is not Greece that is bankrupt, but Europe's "bad bank," the European Central Bank. The fact that the ECB will go bust is what preventing any restructuring of the unpayable Greek debt.

May 12th, 2011 • 9:59 AM

State-wide protests against looming huge education cuts in California entered their third day yesterday, with teachers demonstrating from San Diego well up into the North Country. Sixty-five protestors were arrested at the state capitol in Sacramento on Monday, after they refused to leave the building.

May 12th, 2011 • 9:55 AM

The results of a research project conducted by the US Geological Survey, released on Tuesday and published in Nature Geoscience magazine, prove that distant earthquakes—even thousands of miles away—have an impact on California's San Andreas Fault.

May 12th, 2011 • 9:51 AM

At its legislative conference in Washington, D.C., this week, the International Association of Machinists (IAM) prominently supported the passage of HR 1489, which calls for the reinstatement of the Glass-Steagall Act. On Monday evening IAM President Tom Buffenbarger spoke in support of the legislation.

May 12th, 2011 • 9:49 AM

The Mississippi River crested in Memphis, reaching 47.85 feet at 2 AM, Tuesday morning, according to the National Weather Service, just short of the recod 48.7 feet set in 1927. It's not expected to begin dropping right away, however. "It's going to meander around that level for the next 24 to 36 hours," meteorologist Bill Borghoff told the Memphis Commercial Appeal, Tuesday.

May 11th, 2011 • 9:29 AM

Believe it or not, but WBGU head, genocidalist Hans Joachim Schellnhuber, and IPCC chairman Rajendra Pachauri, two paid "climate advisors" of Deutsche Bank, participated in a workshop on the "Fate of Mountain Glaciers in the Anthropocene" organized on April 2-4 by the Vatican's Pontifical Academy of Sciences (PAS).

May 12th, 2011 • 9:58 AM

On Monday, government delegates meeting in Abu Dhabi approved a 1,000-page Special Report on Renewable Energy Sources and Climate Change Mitigation of the UN's Intergovernmental Panel on Climate Change (IPCC) which projects that renewable energies such as solar, wind, or bioenergy could supply up to 77% of the world's demand by 2050.

May 12th, 2011 • 9:52 AM

You might think that if your house lost two walls and its roof as a result of a tornado, and dozens of other homes in your neighborhood suffered similar damage, that after FEMA inspectors went through the neighborhood, your home would be eligible for federal disaster aid, so that you could rebuild it. Not so in Barack Obama's America.

May 12th, 2011 • 9:50 AM, which is the leading climate skeptic blog in Sweden, and mouthpiece for the organization "The Stockholm Initiative," alarmed its audience about the WBGU and the Stockholm Nobel Laureate Symposium with an article on May 8th.

May 11th, 2011 • 9:31 AM