The New Greek Tragedy
for 3/1/2012
Depression
Europe
Greek Economy Suffers Record Collapse In February
http://www.zerohedge.com/
Eurozone unemployment hits record high
http://edition.cnn.com/2012/03/01/business/eurozone-unemployment-record-high/index.html?hpt=hp_t2
Spanish village to raise funds with marijuana
http://news.yahoo.com/spanish-village-raise-funds-marijuana-125229285.html
Bernanke cites harm from long-term unemployment
http://news.yahoo.com/bernanke-cites-harm-long-term-unemployment-170027509.html;_ylt=AmD8XDyfHFo_MiGqgJenysOs0NUE; _ylu=X3oDMTNpODgwY29rBG1pdAMEcGtnA2EyNzIxNzQyLWFmY2EtM2YxMi05NTVkLTRjOTJiNGQ4NzlkYQRwb3MD
US
Campsites add amenities to attract traveling families
Zip lines, swimming pools and other extras — plus new lodges and upscale tepees offering wireless Internet access and cable TV — typify campground changes underway across the nation
http://www.latimes.com/business/la-fi-0229-koa-camping-20120229,0,5757838.story
Fugitive charged in $2 million armored vehicle heist
http://www.pittsburghlive.com/x/pittsburghtrib/news/pittsburgh/s_784238.html
Suspects nabbed in violent taking of rare coins
http://washingtonexaminer.com/local/crime/2012/02/suspects-nabbed-violent-taking-rare-coins/324041
Middle-Class Welfare State Is Invisible by Design (Commentary)
http://www.bloomberg.com/news/2012-03-01/middle-class-welfare-state-invisible-by-design-commentary-by-ezra-klein.html
Fraud, Waste or Abuse
US
Fannie and Freddie: Shangri-La for Lawyers
http://www.foxbusiness.com/industries/2012/03/01/fannie-and-freddie-shangri-la-for-lawyers/
Growth
US
U.S. Consumer Confidence Holds Near Four-Year High, Bloomberg Index Shows
http://www.bloomberg.com/news/2012-03-01/u-s-consumer-confidence-holds-near-four-year-high-bloomberg-index-shows.html
Inflation
US
Facing costly fuel, airlines push fares higher
http://www.palmbeachpost.com/accent/travel/facing-costly-fuel-airlines-push-fares-higher-2207232.html
John Taylor Warns Of A "Highly Disastrous, Totally Uncontrollable Inflationary Conflagration"
http://www.zerohedge.com/
Oil leaps to highest level since mid-2008
http://www.ft.com/intl/cms/s/0/2285ec12-63ea-11e1-8762-00144feabdc0.html#axzz1nun29ujl
Inflation: Not as low as you think
http://www.cbsnews.com/8301-505144_162-57387655/inflation-not-as-low-as-you-think/
New Jobless Claims Steady; Income, Prices, Spending Up
http://www.cnbc.com/id/46586888
Investment
US
Fink Says Savers Need to Become Investors in ‘New World’
http://www.bloomberg.com/news/2012-02-29/fink-says-savers-need-to-be-investors-in-disruptive-new-world-.html
Recession
europe
Euro Zone Manufacturing Contracts in February
http://www.cnbc.com/id/46569371
Euro-Zone Data Disappoints
http://online.wsj.com/article/SB10001424052970203753704577254721602372752.html? mod=WSJEurope_hpp_LEFTTopStories
US
Global Manufacturing Sees Uneven Recovery
http://www.bloomberg.com/news/2012-03-01/u-s-manufacturing-expands-at-a-slower-pace-as-ism-index-declines-to-52-4.html
Factory growth cools, spending stagnant
http://www.reuters.com/article/2012/03/01/us-usa-economy-idUSTRE7BM0AB20120301
Goldman Lowers Q1 GDP For Second Time In One Day
http://www.zerohedge.com/
Residential Mortgage Crisis
US
Foreclosure Sales Ramp Up Post Robo Signing
http://www.cnbc.com/id/46577054
Sovereign Debt
asia
China holdings of US debt at $1.15 trillion
http://www.breitbart.com/article.php?id=CNG.b5464165d36eca1664a16609b6c45115.a61&show_article=1
europe
Greece May Default on Gov’ts: Kirkegaard
http://www.bloomberg.com/news/2012-03-01/greece-may-default-on-governments-this-year-kirkegaard-says-tom-keene.html
Greece Default SWAPS Don’t Have to Pay: ISDA
http://www.bloomberg.com/news/2012-03-01/greek-default-insurance-doesn-t-need-to-pay-out-after-bailout-isda-says.html
Greek Debt Deal Won't Trigger Payouts, for Now
http://online.wsj.com/article/SB10001424052970203753704577255010585001948.html? mod=WSJEurope_hpp_LEFTTopStories
Why Greece Hasn't Defaulted On Its Debt—So Far
http://www.cnbc.com/id/46590070
Greek 1 Year Bond 80% Away From 1000%
http://www.zerohedge.com/
Euro Zone Clears Way for EU Decision on Greek Deal
http://online.wsj.com/article/SB10001424052970203753704577255293270587260.html? mod=WSJEurope_hpp_LEFTTopStories
Greek unions walk out, parliament cuts health costs
http://www.breitbart.com/article.php?id=CNG.9707fff7bc7b5ac3908f92bb1ccfcda5.b1&show_article=1
ECB money injection not a reason for optimism
http://papermoneycollapse.com/2012/03/ecb-money-injection-not-a-reason-for-optimism/
Pictures From A French Mob - Watch As Sarkozy Bravely Retreats From Furious Frenchmen
http://www.zerohedge.com/
Desperate British government launches task force against Flea Markets
http://www.sovereignman.com/
US
Bernanke warns lawmakers country headed for 'massive fiscal cliff'
http://thehill.com/blogs/on-the-money/801-economy/213351-fed-boss-warns-of-massive-fiscal-cliff
China’s Holdings of Treasuries Decline for First Time
http://www.bloomberg.com/news/2012-02-29/china-had-1-15-trillion-of-u-s-treasuries-in-december-revised-data-show.html
China Slashes Share of U.S. Dollar Assets
http://europe.wsj.com/home-page
Borrowing your way out of debt
Exclusive: Bill Bonner reports on that and other 'normal abnormalities'
http://www.wnd.com/2012/02/borrowing-your-way-out-of-debt/
Extremism
Africa
Suicide bomber attacks church compound, 3 dead
'Islamists want to exterminate Christians'
http://www.wnd.com/2012/02/suicide-bomber-attacks-church-compound-3-dead/
us
Muslim threats against WND heat up
'There's easy way in which people can come to terms and there's the other way'
http://www.wnd.com/2012/02/muslim-threats-against-wnd-heat-up/
War
Middle East
Iran’s underground nuclear sites not immune to U.S. bunker-busters, experts say
http://www.washingtonpost.com/world/national-security/experts-irans-underground-nuclear-sites-not-immune-to-us-bunker-busters/2012/02/24/gIQAzWaghR_print.html
Western sanctions tighten squeeze on Iran oil exports
http://www.reuters.com/article/2012/03/01/us-iran-oil-idUSTRE8200DV20120301
Global oil capacity enough for Iran sanctions: Chu
http://news.yahoo.com/chu-sufficient-spare-capacity-iran-sanctions-182627758.html;_ylt=Au0WyUqsvX8ISFEZWaZSa.Ws0NUE; _ylu=X3oDMTNpb2RoNWZiBG1pdAMEcGtnA2IzZDdkOTUxLWE3MTQtMzhmMy1iOTkzLTgxZTc1OGMxYzU5MwRwb3
Britain Closes Its Embassy in Syria
http://www.newsmaxworld.com/global_talk/ML_Syria/2012/03/01/436873.html
Israel’s Last Chance To Strike Iran (Commentary)
http://www.nytimes.com/2012/03/01/opinion/israels-last-chance-to-strike-iran.html?_r=1&scp=1&sq=Israel%E2%80%99s %20Last%20Chance%20To%20Strike%20Iran&st=cse
South America
UK warns Argentina regarding the Falklands
http://hosted.ap.org/dynamic/stories/E/EU_BRITAIN_FALKLANDS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-02-29-18-35-29
US
Report: Netanyahu Wants Obama to Issue Military Threat to Iran
http://www.newsmax.com/Newsfront/israel-obama-threat-iran/2012/03/01/id/431065
WikiLeaks
US
WikiLeaks: Stratfor emails reveal problems with Web security
http://www.mcclatchydc.com/2012/02/29/140422/wikileaks-stratfor-emails-reveal.html
2012 Election
US
Sheriff Joe: 'Probable cause' Obama certificate a fraud
Team wants investigation elevated to criminal-forgery probe – person of interest ID'd
http://www.wnd.com/2012/03/sheriff-joes-posse-probable-cause-obama-certificate-a-fraud/
Media finally paying attention to eligibility?
See which major networks plan on covering Cold Case Posse results
http://www.wnd.com/2012/02/media-finally-paying-attention-to-eligibility/
Abortion
asia
Winning the war on China's gendercide
'The Pink Pagoda' the strategy that's gaining victory
http://www.wnd.com/2012/02/winning-the-war-on-chinas-gendercide/
US
Senate Defeats GOP Bid to Cancel Contraception Rule
http://www.bloomberg.com/news/2012-03-01/birth-control-vote-roils-both-parties-seeking-election-advantage.html
63 percent of voters back Obama birth control policy: poll
http://www.reuters.com/article/2012/03/01/us-healthcare-contraceptives-poll-idUSTRE8200C320120301
Sebelius: Decrease in Human Beings Will Cover Cost of Contraception Mandate
http://cnsnews.com/news/article/sebelius-decrease-human-beings-will-cover-cost-contraception-mandate
Gay Rights
US
Md. Gov. to Sign Gay Marriage Legislation Thursday
http://www.newsmax.com/US/maryland-gay-marriage-omalley/2012/03/01/id/431051
Gun Rights
US
McDonnell signs repeal of Virginia’s one-gun-a-month law
http://www.washingtontimes.com/news/2012/feb/28/mcdonnell-signs-repeal-virginias-one-gun-month-law/
Patriotism
US
School's censorship of Old Glory challenged
'It is a sad day in nation's history when government officials ban American flag'
http://www.wnd.com/2012/02/schools-censorship-of-old-glory-challenged/
Politics
US
Why Liberals Like Taxing the Wealthy (Commentary)
http://townhall.com/columnists/michaelbarone/2012/03/01/creators_oped/print
TSA Scanners
US
The TSA Is Coming To A Highway Near You (Commentary)
www.forbes.com/sites/realspin/2012/02/29/the-tsa-is-coming-to-a-highway-near-you/
2012 Election
Europe
Russia accuses US of meddling in vote
http://wires.univision.com/english/article/2012-03-01/russia-accuses-us-of-meddling?refPath=/dinero/
Middle East
Obama's Uncle, Onyango Obama, Due in Court for Allegedly Driving Drunk
http://img.ibtimes.com/www/articles/20120301/307343_obama-uncle-onyango-court-driving-drunk.htm
US
Which GOP candidate scores 'A' on fiscal issues?
National Taxpayers Union reveals report cards
http://www.wnd.com/2012/02/which-gop-candidate-scores-best-on-fiscal-issues/
Gas Prices Plague Obama as They Did Carter
http://www.newsmax.com/Politics/gasoline-prices-Iran-Carter/2012/03/01/id/431119
Energy Secretary Chu Admits Administration OK with High Gas Prices (Commentary)
http://news.yahoo.com/energy-secretary-chu-admits-administration-ok-high-gas-193900713.html
Fraud, Waste or Abuse
US
Senators call for investigation into 'taxpayer-funded spin' by Obama administration
http://www.foxnews.com/politics/2012/03/01/senators-call-for-investigation-into-taxpayer-funded-spin-by-obama/
Albuquerque dog becomes registered voter
http://www.kob.com/article/stories/S2518479.shtml?cat=500
International Discourse
Middle East
$5M paid to buy freedom for rights workers held in Egypt
http://www.foxnews.com/politics/2012/03/01/us-buys-freedom-for-rights-workers-on-trial-in-egypt/
Judgment
US
U.S. plans to kill barred owls to save spotted owl
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/02/28/MNH51NDJQP.DTL
Obamacare
US
GOP Governors Betting Against Obamacare
http://www.newsmax.com/US/health-care-reform/2012/03/01/id/431126
Regulations
US
Fidelity Says Money Fund Reform Will 'Destroy' Industry
http://www.cnbc.com/id/46589783
Sovereign Debt
Europe
Has Greece's democracy regressed? (Commentary)
http://edition.cnn.com/2012/03/01/opinion/greece-democracy/index.html?hpt=hp_t2
Taxes
US
One Month to Go Until We Have the World's Highest Corporate Tax Rate
Just one month from today, the United States will have the highest corporate income tax rate in the developed world, surpassing Japan
Abortion
US
California bill would let non-doctors do some abortions to expand access
Senate bill would allow nurse practitioners, physician assistants and nurse midwives to perform routine abortions in the first trimester. PĂ©rez and Steinberg back Sen. Christine Kehoe's bill as co-sponsors
http://www.latimes.com/news/local/la-me-abortion-20120229,0,7007621.story
Diet
US
Health Dangers of Teflon Pans
http://www.latimes.com/news/local/la-me-abortion-20120229,0,7007621.story
http://www.newsmaxhealth.com/headline_health/Health_Dangers_Teflon_Pan/2012/03/01/436890.html
Disease
US
CDC Issues Warning About Nasal Washes
http://denver.cbslocal.com/2012/02/28/cdc-issues-warning-about-nasal-washes/
Defense
US
'Diversity of sources' key to U.S. energy costs
Ex-Sen. George Allen: 'Oil is traded with the dollar as currency and our dollar is weak'
http://www.wnd.com/2012/02/diversity-of-sources-key-to-u-s-energy-costs/
Politics
US
Bill Clinton on Keystone XL pipeline: 'Embrace' it
http://www.politico.com/news/stories/0212/73445.html
Internet
US
Surfing at a billion bits per second
http://www.foxnews.com/scitech/2012/03/01/surfing-at-billion-bits-per-second/
Autos
Europe
Audi's awesome diesel hybrid racer
http://www.foxnews.com/leisure/2012/02/29/audis-awesome-diesel-hybrid-racer/
Cyberwarfare
US
Rider Jams Cell Phones on SEPTA Buses
The NBC10 Investigators track down a rider who admits to jamming cell phones on a SEPTA bus. The rider explains why he does it. An expert says this is a public safety concern
http://www.nbcphiladelphia.com/news/local/Rider-Annoyed-by-Calls-Jams-Phones-on-Septa-Bus-140966733.html
Darwin Award
US
Federal judge reportedly admits to sending racially charged email joke about President Obama
http://www.foxnews.com/politics/2012/03/01/federal-judge-reportedly-admits-to-sending-racially-charged-email-about-
Wealth
US
Not such upstanding citizens: Wealthy are 'more likely to lie, cheat and break the law'
Also more likely to deprive their children of treats
http://www.dailymail.co.uk/sciencetech/article-2107293/Wealthy-likely-lie-cheat-break-law.html#ixzz1ncMy9d6f
The category Life’s Rich Pageant is based on an English idiom