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Archive for May 21st, 2010

Susan (21 May 2010) “Oil Spill Is An Epic Disaster of Biblical Proportions –Could Kill Billions!” And My Opinion!

This post by Susan is alarming. Being an engineer I am more knowledgeable of the conditions and technical terms the author uses in this article.

His careful analysis of the things that are happening in this difficult case is technically reasonable.

The writer of this article appears to be very knowledgeable with the technical details employed in this well.

My observation of the video of the pipe leaking oil into the water is that the flow does not look to have the pressure and speed that he refers to in the article. The video is not in the article but has been released by the government for viewing. This video may not be the one that is the most important one to see and we may only be shown the best of the two.

It seems to me that the best solution that this people can do is to try to raise the end of the pipe that is attached to blow out and to get it as straight as possible. The end of the pipe would then be at a depth that is not so deep. After that they can start placing a bigger pipe that can be sealed at the bottom against the 21″ diameter pipe. This will bring the flow of oil to the surface and can be then transferred to waiting ships.

To recap, use the existing pipe to transfer the oil to the surface by lacing it with a bigger pipe in the outside.

I am sure this is just the conceptual idea and that implementation may be impossible, but it is an idea.

Nando

http://www.fivedoves.com/letters/may2010/susan521-2.htm

Susan (21 May 2010)
“Oil Spill Is An Epic Disaster of Biblical Proportions –Could Kill Billions!”


Oil Spill Is An Epic Disaster of Biblical Proportions — Could Kill Billions!

http://gazbom.blogspot.com/2010/05/oil-spill-is-epic-disaster-of-biblical.html
“I want to try and put in simple terms what we are facing as far as what is coming in this potentially catastrophic well blow out event.
“It’s going to be a long post, but an important one, it is of critical importance if you are not fully aware as you can be of what is going on, what the action plan is and what is taking place, because this event may very well affect us all…as in GLOBAL.

“There is a lot of partial truths, a lot of falsehoods, a lot is not being said and a lot of lies are out there. I think we all see this, we all want some answers, we all want to have a grasp of what is happening. First of all, don’t feel bad if you don’t understand what is going on or feel sort of lost, this is an extremely complicated event. I hope I can inform people and give them some basic factual knowledge and I never ever mean to “Talk down” to anyone. I only want to inform and hope everyone that wishes to learn does learn. I also hope the “pros” fact check me and assure all that I do say is true and factual and if is not, then speak up, and also add in regardless.

“With that being said I will try and instill the sense of urgency and seriousness that I personally feel about this. This is a bad one people, we are close, real close and all this is a very real, present and IMMINENT Danger. Trust me when I tell you that people who know are scared of this, it is THAT bad. ”

(Please Click On Link Below to Read the Full Story.)

http://gazbom.blogspot.com/2010/05/oil-spill-is-epic-disaster-of-biblical.html

Written by twelvebooks

May 21, 2010 at 7:00 pm

Economic Forecasts for 2010

Economic Forecasts for 2010

The following article gives several forecasts and a comment by the poster.

Nando

http://www.fivedoves.com/letters/may2010/randy520.htm

Randy (20 May 2010)
“Summary of Deborah’s Economic Collapse Post yesterday”


Recap of Five Doves Post:  5/19/2010 Short RECAP of each prognosticator (Let’s see if any of this really happens by end of year 2010.  I’ll recap it on Dec 30, 2010 as a post for all of us.) The Post: Economic Collapse – Martial Law – 24 Experts Warn of 2010 Meltdown Date: Tuesday, 18-May-2010 12:58:04

******************** Economic Collapse – Martial Law – 24 Experts Warn of 2010 Meltdown Predictions For The Rest Of 2010 Bob Chapman FDIC will collapse in Sept 2010 US Dollar devalued by 12/31/2010 July – October – Financial fireworks will begin Martial Law by 12/31/2010 (oh, but that might not happen until 2011, 1st 6 months) 100% chance of bond market crash—especially municipals Gerald Celente
Terrorist attacks in 2010 (A big one or a small one??)
Crash of 2010 40% devaluation at first, then the “great depression” Igor Panarin
In 1998 he predicted the disintegration of the USA in 2010, starting in July 2010
(not long to wait now…..??) Neithercorps
Snowballing implosion/economic collapse starts sometime in 2010
And, Most certain fall of the dollar Webbots
July 2010, “things get very strange”  ????
Revolution Dollar dead by Nov, 2010 LEAP 20/20
“Perfect Economic Storm” in global financial markets
Sudden intensification of the crisis in the 2nd half of 2010 Expect Elliot Wave Super Cycle Wave 3 – “everyone over the falls together” Joseph Meyer
Real Estate market continues to decline, so……
Buy precious metals, and Keep cash at home in case of bank closures Stock market will peak in spring around 10,850, then fall to 4,125 or less (by when?) Harry Dent (investor)
Very likely 2nd Crash by late 2010.  Nasty decline starts in March-April 2010.
(When was 1st crash?  2008? Didn’t say) Depression starts summer of 2010. Predicts DOW by end of 2010 at 5,000 or less…..best guess = 3,800. Richard Russell (Market Expert)
Stock market headed down to 7,286…if that doesn’t hold, then predicts DOW 1,000.
Current stock market action is “the worst he’s ever seen.” (Bob Chapman says for Russell to make such a startling statement is unusual because he never cries wolf and is almost never wrong) My note:  Russell was on Yahoo Tech Ticker yesterday (see link below).  His forecast caught a lot of attention….it caught my attention as well.  There ARE a lot of concerns out there……in the link Russell said: “Tell them to “batten down the hatches” because there’s a HARD RAIN coming. Tell them to get out of debt and sell anything they can sell (and don’t need) in order to get liquid. Tell them that Richard Russell says that by the end of this year they won’t recognize the country.” http://finance.yahoo.com/tech-ticker/dow-theorist-richard-russell-sell-everything-liquid-487564.html?tickers=dia,spy,xlf,%5Edji,%5Egspc,%5Eixic&sec=topStories&pos=4&asset=&ccode= Niño Becerra (Professor of Economics)
Predicted:  by mid 2010, crisis comparable to 2919.
May, 2010, crisis starts and continues/strengthens throughout 2011. Lyndon Larouche
Crisis accelerating/getting worse week by week, until collapse, ‘likely’ later in 2010.
And when it does……will be greatest collapse since the fall of Roman Empire WALL STREET JOURNAL- (2/2010)
“You are witnessing a fundamental breakdown of the American dream, a systemic breakdown of our democracy and our capitalism, a breakdown driven by the blind insatiable greed of Wall Street: Dysfunctional government, insane markets, economy on the brink. Multiply that many times over and see a world in total disarray. Ignore it now, tomorrow will be too late.”
Eric deCarbonnel Panic and chaos in 2010 Global food crisis in 2010 Dollar loses most of its value US service economy disintegrates, unemployment higher than great depression Value of most investments will be wiped out US debt markets will freeze
(what….no hope at all sir?)
Alpha-Omega Report (Trends Forecast)
Middle East military clash by mid year, maybe earlier
2010 – year of absolute chaos We see trends for war between Israel and her neighbors that will shake every facet of human activity… In the event of war, Ian will most likely shut off the flow of oil from the Persian Gulf.  Oil prices will skyrocket into the stratosphere and become so expensive that world’s economies will collapse.. There are also trend indicators along economic lines that point to the potential for a total meltdown of the world’s financial system with major crisis points developing with the change of each quarter of the year. 2010 could be a meltdown year for the world’s economy, regardless of what goes on in the Middle East. (My note:**********  I agree IF IF IF there is a BIG blow up in the Middle East.  The Middle East IS “the” trigger that could make everything a real mess….OR, usher in the Rapture!) Robin Landry (Market Expert)
Headed to market highs in April-May of 10780-11241.
Major decline to follow once this rally ends. (My note: ********* so far, right on target.  LOTS of problems in the markets now that could cause a new down-leg….but how far and how long?  Hard to say!) John P. Hussman, Ph.D.
In my estimation, there is still close to an 80% probability (Bayes’ Rule) that a second market plunge and economic downturn will unfold during 2010.
Robert Prechter Founder of Elliott Wave International, implores retail investors stay away from the markets… for now. Prechter, who was bullish near the lows in March 2009, now says the stock market “is in a topping area, “predicting another crash in 2010 that will bring stocks below the 2009 low. His word to the wise, “be patient, don’t rush it” keep your money in cash and cash equivalents. (My note: *******  Prechter has lots of credibility.) Richard Mogey
Predicts stock market crash in 2010…reaching all time lows in late 2012.
“the 2008 crash was nothing compared to the coming crash.” Gold will go up in 2010 and peak in 2011. Silver will follow gold. James Howard Kunstler (January 2010)
The economy as we’ve known it simply can’t go on, The shenanigans with stimulus and bailouts will just compound the central problem with debt. There’s not much longer to go before the whole thing collapses and dies.
Six Months to Live- The economy that is. Peter Schiff (3/13/2010)
“In my opinion, the market is now perfectly positioned for a massive dollar sell-off.”
The fundamentals for the dollar in 2010 are so much worse than they were in 2008 that it is hard to imagine a reason for people to keep buying once a modicum of political and monetary stability can be restored in Europe. In fact, the euro has recently stabilized.  (Really??) My gut is that the dollar sell-off will be sharp and swift. Schiff is famous for his accurate predictions of the economic events of 2008. (My note: *********You can’t be right all the time Peter…but then….nobody is!) Lindsey Williams
Dollar devalued 30-50% by end of year.
It will become very difficult for the average American to afford to buy even food. This was revealed to him through an Illuminati insider. (Let’s see if an Illuminati insider knows any more than anybody else!) Unnamed Economist working for US Gov’t (GLP)
What we have experienced the last two years is nothing to what we are going to experience this year. If you have a job now…you may not have it in three to six months. (by August 2010).
Stock market will fall = great depression. Foreign investors stop financing debt = collapse. 6.2 million are about to lose their unemployment. Jimmy “Doomsday” DOW will fall below 7,000 before mid summer 2010 Dollar will rise above 95 on the dollar index before mid summer 2010- then 65 by 12/31? Gold will bottom out below $800 before mid summer 2010- then go to $1600 by 12/31? Silver will bottom out below $10 before mid summer 2010- then go to $35 by 12/31/10? CA debt implosion starts major downturn by mid summer/hit crisis mode before 12/31/10 Commercial real estate will hit crisis mode in Q4 2010- Over 35 states will be bailed out by end of Q4 2010 by the US tax payer George Ure
Markets up until mid-to-late-summer. Then “all hell breaks lose” from then on through the rest of the year.
My notes: I’m surprised they didn’t quote Michael Hudson.  He was the economic advisor for Ron Paul when he ran for President.  Hudson has been very negative on the future as well, and has written some very articulate articles on the building crisis. I’m also surprised they didn’t quote Bill Gross, of PIMCO.  I saw an article in the Jerusalem Post online in Dec 2007…..Bill basically was predicting the 2008 banking meltdown……9 months before it happened!  Go to:  www.pimco.com for their current perspective Personally, as for me? ******    I continue to think that everything is building to a huge climax that is TRIGERRED by the Rapture.  Until then (and I have to believe it’s soon…..no more than 2-1/4 years in the future???)  the world does NOT hit TOTAL financial crisis mode.  But, the problems will continue to build and build….. As I recapped the above comments from all of the prognosticators, the overall negativity is staggering!   I can see most of this coming true IF IF IF the Rapture happens. So…..could the Rapture be set to occur in the next few days, weeks or months?   We’ll see…….. Let’s hope. TICK TOCK!! YFIC, Randy

PS…the problem with Forecasters and Prognosticators is this:  NO ONE remembers ALL the times they were WRONG.  Thus, this post which will be updated on Dec 30, 2010 so we can see who, if anyone, was really right about how bad everything is going to get.  Again I say….without the Rapture…things won’t get as bad as these predictions.  Such negative forecasts have been “out there” in mass…..for about 2 years….and longer.   And while things did get really ugly from Aug 2008 – early march 2009….  The system has not imploded….at least not yet.  Lol….  No matter what happens….I find my comfort and salvation in Jesus Christ….yesterday, today AND tomorrow!  NO MATTER WHAT!!

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Written by twelvebooks

May 21, 2010 at 2:52 pm