Tag: News

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 Looming storm may threaten battle to plug Gulf well

by Alex Ogle, AFP

22 mins ago

BURAS, Louisiana (AFP) – US officials anxiously eyed bad weather near the Gulf of Mexico Wednesday which may delay efforts to plug the broken BP well, just as the endgame approaches in the three-month oil spill.

US and BP officials were poring over weather data as the National Hurricane Center downgraded an earlier forecast saying there was now a 50 percent chance of the bad weather “becoming a tropical cyclone in the next 48 hours.”

Depending on how the system develops, officials may have to issue evacuation orders for hundreds of support ships and engineers trying to complete a relief well being drilled deep under the seabed.

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 BP floats new bid to seal well with cement

AFP

Tue Jul 20, 11:49 am ET

NEW ORLEANS, Louisiana (AFP) – BP crafted a new plan Tuesday hoping to seal for good a blown-out Gulf of Mexico oil well, with the disaster set to cloud a White House summit between Britain and the United States.

The US government allowed the British energy giant to keep in place a cap stemming the flow from the ruptured wellhead for another 24 hours, as engineers floated a new plan to kill the well.

BP said the aim would be to send down heavy drilling mud through the blowout preventer valve system that sits on top of the well and then inject cement into the wellhead to seal it.

On This Day in History: July 20

While many of us remember the “giant leap” that mankind made as Neil Armstrong planted his boots in the thick dust of the lunar surface thus beginning one of the great CT’s of all time, there were other events that happened on this day that were just as significant, if not for the world but for some small spot on this great “Blue Marble”.

In 1888, just 5 years after the massacre at Little Big Horn, Sitting Bull surrenders to the US Army

Five years after General George A. Custer’s infamous defeat at the Battle of Little Bighorn, Hunkpapa Teton Sioux leader Sitting Bull surrenders to the U.S. Army, which promises amnesty for him and his followers. Sitting Bull had been a major leader in the 1876 Sioux uprising that resulted in the death of Custer and 264 of his men at Little Bighorn. Pursued by the U.S. Army after the Indian victory, he escaped to Canada with his followers.

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n 1873, in what would serve as a preview of the Battle of Little Bighorn three years later, an Indian military coalition featuring the leadership of Sitting Bull skirmished briefly with Lieutenant Colonel George Armstrong Custer. In 1876, Sitting Bull was not a strategic leader in the U.S. defeat at Little Bighorn, but his spiritual influence inspired Crazy Horse and the other victorious Indian military leaders. He subsequently fled to Canada, but in 1881, with his people starving, he returned to the United States and surrendered.

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He was held as a prisoner of war at Fort Randall in South Dakota territory for two years and then was permitted to live on Standing Rock Reservation straddling North and South Dakota territory. In 1885, he traveled for a season with Buffalo Bill Cody’s Wild West show and then returned to Standing Rock. In 1889, the spiritual proclamations of Sitting Bull influenced the rise of the “Ghost Dance,” an Indian religious movement that proclaimed that the whites would disappear and the dead Indians and buffalo would return.

On December 15, 1890, Sitting Bull was shot and killed during a raid on his house. There are varied accounts of the incident but it was generally believed that it was his support of he “Ghost Dancers” was what precipitated the raid. Until 1953, Sitting Bull’s remains were buried at Fort Yates when they were re-interred Mobridge, South Dakota, where a granite shaft marks his resting place.

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 BP well stays shut despite ‘seepage’

AFP

2 hrs 17 mins ago

NEW ORLEANS, Louisiana (AFP) – The US government authorized BP on Monday to keep the busted Gulf of Mexico oil well shut in for another 24 hours despite gas seepage that could indicate the wellbore is damaged.

BP wants to keep the valves on its containment cap closed continuously until an operation to permanently seal the well can be performed in less than two weeks time, meaning no more toxic crude would stream into the Gulf.

But those hopes were dealt a blow on Sunday when the government raised concerns about “the detection of a seep near the well and the possible observation of methane over the well.”

Monday Business Edition

It’s a very good country for the rich man. Chauffeurs, servants, big houses. The question is, who is suffering? The common man.

This is the tax policy that DC elites, Republicans and Democrats, want to see adopted.

I on the other hand favor moderate, mainstream, FDR tax rates of 90% on marginal income; and if corporations have the right to speak like individuals they have the right to be taxed like them too.

Who wants to be long on a July weekend anyway sucker?

From Yahoo News Business

1 Moody’s downgrades Ireland debt rating

AFP

2 hrs 2 mins ago

LONDON (AFP) – A top rating agency downgraded Irish debt on Monday, saying that the once Celtic Tiger is being greatly weakened by radical action to fight debt and rescue banks but may be stabilising.

Moody’s agency cut Ireland’s debt rating to Aa2 on Monday, blaming high debt levels, weak economic growth prospects and the huge cost of rescuing banks.

“Moody’s Investors Service has today downgraded Ireland’s government bond ratings to Aa2 from Aa1,” the group said in an official statement, but added that it had switched its outlook to stable from negative.

Ireland has gladly adopted a strong austerity policy.  This is what happens.

On This Day in History: July 18

On this day in 1799, during Napoleon Bonaparte’s Egyptian campaign, a French soldier discovers a black basalt slab inscribed with ancient writing near the town of Rosetta, about 35 miles north of Alexandria. The irregularly shaped stone contained fragments of passages written in three different scripts: Greek, Egyptian hieroglyphics and Egyptian demotic. The ancient Greek on the Rosetta Stone told archaeologists that it was inscribed by priests honoring the king of Egypt, Ptolemy V, in the second century B.C. More startlingly, the Greek passage announced that the three scripts were all of identical meaning. The artifact thus held the key to solving the riddle of hieroglyphics, a written language that had been “dead” for nearly 2,000 years.

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Several scholars, including Englishman Thomas Young made progress with the initial hieroglyphics analysis of the Rosetta Stone. French Egyptologist Jean-Francois Champollion (1790-1832), who had taught himself ancient languages, ultimately cracked the code and deciphered the hieroglyphics using his knowledge of Greek as a guide. Hieroglyphics used pictures to represent objects, sounds and groups of sounds. Once the Rosetta Stone inscriptions were translated, the language and culture of ancient Egypt was suddenly open to scientists as never before.

The Rosetta Stone has been housed at the British Museum in London since 1802, except for a brief period during World War I. At that time, museum officials moved it to a separate underground location, along with other irreplaceable items from the museum’s collection, to protect in from the threat of bombs.

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 BP hopes cap can stay on for good

by Allen Johnson, AFP

Sun Jul 18, 3:53 pm ET

NEW ORLEANS, Louisiana (AFP) – BP raised hopes Sunday that no more toxic crude will leak into the Gulf of Mexico, saying it intends to keep its runaway oil well sealed until a permanent “kill” operation later this month.

The US government is granting extensions to exhaustive well tests on a 24-hour basis, but BP said the valves on the containment cap that is staunching the flow will remain shut as long as no leaks are discovered.

This could mark the beginning of the end of what estimates suggest is the biggest oil spill ever, although the true damage from one of America’s worst environmental disasters might not be known for decades.

The Week in Review 7/12 – 17

206 Stories served.  29 per day.

This is actually the hardest diary to execute, and yet perhaps the most valuable because it lets you track story trends over time.

On This Day in History: July 18

On this day in 1940, Franklin Delano Roosevelt, who first took office in 1933 as America’s 32nd president, is nominated for an unprecedented third term. Roosevelt, a Democrat, would eventually be elected to a record four terms in office, the only U.S. president to serve more than two terms.

Roosevelt was born January 30, 1882, in Hyde Park, New York, and went on to serve as a New York state senator from 1911 to 1913, assistant secretary of the Navy from 1913 to 1920 and governor of New York from 1929 to 1932. In 1932, he defeated incumbent Herbert Hoover to be elected president for the first time. During his first term, Roosevelt enacted his New Deal social programs, which were aimed at lifting America out of the Great Depression. In 1936, he won his second term in office by defeating Kansas governor Alf Landon in a landslide.

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n 1944, with the war still in progress, Roosevelt defeated New York governor Thomas Dewey for a fourth term in office. However, the president was unable to complete the full term. On April 12, 1945, Roosevelt, who had suffered from various health problems for years, died at age 63 in Warm Springs, Georgia. He was succeeded by Vice President Harry S. Truman. On March 21, 1947, Congress passed the 22nd Amendment to the U.S. Constitution, which stated that no person could be elected to the office of president more than twice. The amendment was ratified by the required number of states in 1951

The Dime is a commemoration to FDR and all victims of Polio. The “March of Dimes” was started in 1937 by entertainer Eddie Cantor to keep the facilities for Polio victims at Warm Springs, running. Despite FDR’s generous donation the spa was running very short of funds, Cantor asked everyone to send a small dime to the White House to keep the spa open. The White House was overwhelmed with letters containing a dime. On January 30 in 1946, the first Roosevelt dimes were issued by the US mint and they have been issued ever since.

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 Cap holds in oil leak as BP analyzes well structure

by Allen Johnson, AFP

Sat Jul 17, 12:08 pm ET

NEW ORLEANS, Louisiana (AFP) – A cap placed over a leaking Gulf of Mexico oil well is still holding back spilling crude, but the results of tests on the well’s structure require more analysis, BP said on Saturday.

“We’re feeling more confident that we have integrity,” BP senior vice president Kent Wells told reporters in an early morning briefing.

“At this point there’s not evidence that we don’t have integrity,” he said as a second day of tests on the condition of the wellbore below the seabed continued.

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