Interesting Links for Thursday, 5 January 2017: Ancients' DNA, Rednecks' Dilemma, Kleptocracy Unleashed and More

Sears Holding (SHLD) Sells Craftsman Brand to Black and Decker (SWK); Announces 150 More Sears To Close   

(Boston.com)

Astronomers are baffled by "fast burst" cosmic radio waves which are brighter than a half-billion of our suns
(Scientific American)


Driverless trucks threaten millions of jobs, and we aren’t ready       (Red Orbit)



Dust to Dust: Scientists Find DNA Of Human Ancestors In Cave Floor Dirt
(NPR)

US Dollar Records Biggest Fall in 2 Months Due to Fed Meeting and Yuan Rally   (Bloomberg)

Chris Hedges on "Defying Trump's Kleptocracy"     (Truthdig)

Potential Conflicts Around the Globe for Trump, the Businessman President     (New York Times) 

An Open Letter To American Rednecks      (The Daily Banter)  

Interesting Reads for Wednesday 21 December 2016: Energy Storage, Science Rocks, Obama Blocks & More

It's Energy Storage's Time To Shine (Travis Holum - Motley Fool)

Ford To Close F-150 Kansas Plant For One Week To Decrease Slow Moving Inventory, GM To Lay Off Another 1,300 Workers In March  (Reuters)

Does Elon Musk really want to create The Boring Company to build underground roads? (International Business Times, UK)

7/11 and Flirtey Beat Amazon and Deliver 77 Packages by Drones in Reno, Nevada (Phys Org)

President Obama Invokes 1953 Law To Indefinitely Block Drilling In Arctic And Atlantic Oceans (CNBC)

Alaska's Indigenous People See Their Culture Slipping Away As Sea Ice Vanishes (Guardian)

A Feminine Response To Iceland's Financial Crash (TEDTalk)

Carl Sagan on Humility, Science as a Tool of Democracy, and the Value of Uncertainty (Brain Pickings)

Donald Trump's War On Science (The New Yorker)

Trump Rejects Climate Change, But Mar-A-Lago Could Be Lost to the Sea (Bloomberg Business Week)

China: 1st Shadow Banking Meltdown?

Zero Hedge on the "blistering recover" and how many department stores are laying off employees

New warning against smoking cigarettes issued on 50th Anniversary of the first Surgeon General warning

Changes in police "active shooter" training saved lives in Martin's Grocery shootings this week

Links to Macro-Economic News - Tuesday 8 Oct 13

Stock Market Closes At Lowest Level In A Month

Researchers come closer to nuclear fusion ‘ignition’

New Solana Solar Power Plant In Arizona To Provide Power To 70,000 Homes 24/7 . . . Here's How They Will Do It

Are American railroads on the cusp of switching over from diesel to LNG locomotives?

Alcatel-Lucent to cut 10,000 jobs

Gallup Poll: Consumer Spending Doing "The Tighten Up"

A1A News back up and running

Oversupply of Natural Gas Sends Prices To 10 Year Low

Briggs and Stratton Closing Factories and Laying Off 767 Employees

Almost 1 in 4 Spaniard Workers Are Now Un-employed

Why Home Prices Have Much Further to Fall

U.S. New Home Sales Were The Worst Ever In 2011: Data Goes Back More Than 50 Years

Samsung reports record breaking $4.7 Billion quarter; plans to spend $22 Billion this year on CapEx . . . esecially in chips and flat screens

Supreme Irony: Online Recruitment Firm, Monster.com, lays off 400 workers

Department of Energy Dramatically Slashes Natural Gas Estimate In The Marcellus Shale Reseve

The 8 Industries Which the USA Has Ceded To China Already

Amazon Getting Ready To Take On Netflix? 

Americans Start Jumping Off The "Living     Below Your Means" Wagon

Guess who is raising money for Romney? 

Retail sales weak, jobless claims up

Home Depot To Hire 70,000 Seasonal (Spring) Workers

Archer Daniels Midland Cuts 1,000 People From Its Payrolls

Air Force lays off 44 civilian jobs at Alaskan airbase

Up to 150 layoffs in Lorrain, OH schools

Sikorsky to layoff 20% of its workforce 

Realty Trac Expects a 25% Jump In Home Foreclosures In 2012

Why Zombie Banks Do Not Want Transperency


Chrysler To Begin Selling Natural Gas Trucks In 2012

Peter Schiff: "It Ain't Money If I Can't Print It"

Business Insider: 40 Facts That Prove The Middle Class Is Being Systematically Wiped Out

Mish: Retail Sales Laugh of the Day: "Falling Gas Prices Held Back Retail Sales"; Weakest Performance Since July 2010 ; Auto Sales Mirage

Dollar Weakens After S&P Says May Lower U.S. AAA Rating; Franc Strengthens

Cisco to cut 10,000 jobs so it can raise profit margins?

St. John's River, Florida Water Management facing 130 employee layoff

The NBA lays 114 employees, but says it was not due to the lockout

Salon: Eric Cantor is the most dangerous whiner in America

67% of all Americans favor raising the debt ceiling while taxing the wealthy and corporations more

Congressman Ron Paul (R-TX): Is There Any Gold In Fort Knox?

Coca Cola plans to raise prices 3 to 4% on its sugar water confections

Playboy Dynasty On Life Support

Detroit School System Cuts 825 Jobs, Demands 10% Pay Cuts From All Employees

Governor Malloy (D-CT) To Ask For 7,500 State Jobs To Be Cut

Since March 2010, the private sector has added jobs, the public sector has cut jobs

Unclaimed Money: $16 Billion in Unredeemed Treasury Bonds. Could Some Be Yours?

SCREWFLATION!

US housing crisis is now worse than Great Depression

Dr. Housing Bubble: The Southern California housing spring that never was. Median price for a Southern California home falls by 8 percent year-over-year. Sales collapse by 17 percent pointing to future problems.

Boeing cuts 225 jobs in Kansas

Lockheed Martin to cut 1200 jobs, many of them middle managers, in their Space Systems division

San Jose, CA: City workers take 10% pay cut to help pink slip "only" 49 firefighter jobs, 180 police officer jobs

Greece needs $65 Billion more from the EU & the IMF

Salon: How America will collapse (by 2025)

Automatic Earth: "Generation Junk"

Michael Hudson: "A World At Fianancial War"

Governor Cuomo about to cut 9800 state jobs in New York?

Hillary Clinton To Become The Head Of The World Bank?

Another 10-25% Drop In Home Prices "Would Not Shock" Robert Shiller

School layoffs around the country spike upward

Business/Economic/Housing/Layoff News for October 6, 2010

Washington Post graphics explain "Why It Doesn't Feel Like A Recovery"

Oil hovers below $83 ahead of new market data

Mish - Global Competitive Debasement: Currency Wars Begin

Silver, Gold, The U.S. Dollar, Bankers, And What's In Store

James Howard Kunstler: "Full Bore To The Vanishing Point"

The IMF calls the $4 Trillion in bank debts our 'Achilles Heel'

Google CEO: "Washington is an incumbent protection machine."

Atlantic City casinos cut 1,400 jobs in September

Business/Economic/Housing/Layoff News for September 9, 2010

Meredith Whitney: Wall Street’s Biggest “Ponzi Scheme” Is How It Keeps Investors In The Dark On Their Own Investments

"The 'Ever-Expanding' Government Sector, Illustrated"

Shift from T-Bonds and into Gold and Commodities?

Gold: The Future & The Way Through

Jim Sinclair: Strapping In For The Big Move On Gold



Erin Burnett Slaps Down Rude Guest On CNBC While Another Slides By Saying, "Nothing Is A Bubble When Everybody Wants To Buy It!"

Mish: Consumers Shun Credit Cards - Credit Card Usage Drops, Debit Card Usage Rises

Dr. Housing Bubble: The Banking Stockholm Syndrome

Housing Hitting Bottom, Or Just Getting Hit?

Lockheed to cut 600 executive branch jobs

Harley Davidson looking to cut 200 jobs after settling with Unions on new work contracts allowing for seasonal and part-time workers who get half-pay and no benefits

Business/Economic/Housing/Layoff News for September 8, 2010

Commodities watch: Cotton Rallies to Highest Closing Price in 15 Years: Orange Juice Advances

AP analysis: Economic pain failed to ease in July

Harry Reid (D-NV) blames Bush, Wall Street for sick economy

The Infinite Elasticitiy of Credit - Part 1 (from the Automatic Earth)

Paul Krugman: 1938 in 2010

Depression Written into Law, Part II

John Mauldin: "The Last Chapter"

Fossil Fuels vs. The Public Interest

Peak Denial About Peak Oil

What Is Going To Happen To Global Economies If Rapid Money Velocity Kicks In

William K. Black - Why Covering up Fraud Losses Impairs Economic Recovery: Part One

Motley Fool: Thread On Aging Population And Macro-Economics

Did A Homeowners Association In Ogden, UT Drive A Homeowner To Suicide?

Shock Therapy for the Housing Market

Toll Brothers Building Upper Class Neighborhood On IC Waterway In Florida (They Crash, They Burn, They Never Learn)

Canadian Housing: Another Debt-Fueled Bubble?

Subprime 2.0 Is Coming Soon to Suburb Near You: Edward Pinto

Housing Inventories Rise for Eighth Straight Month

9 Michigan employers to shed 863 jobs in the next few weeks

ZymoGenetics in Seattle to possibly give 320 pink slips after being taken over by Bristol-Myers Squibb

Meredith Whitney Says Wall Street Firms Will Cut 80,000 Jobs Worldwide In The Next 18 Months

Business/Economic/Housing/Layoff News for September 7, 2010

Wall Street Needs `Off-the-Charts' September to Rescue Quarter

81% Rate The US Economy As Poor

Harrisburg, PA blundering closer to bankruptcy

Calculated Risk: Schedule for Week of September 5th

James Howard Kunstler: "In The Headlights"

New York Times: Let Housing Fall Without Government Intervention

Home Owner Association Hell In Florida: $600 For A Mailbox?

Chasing the market down: In struggling housing market, buyers and sellers are out of sync

Sellers cut prices on 50% of homes

Arizona foreclosures push up supply of housing historical highs; cash on cash deals reap buyers 15 to 25% off purchasesFour Job Market Trends We Did Not Celebrate This Labor Day

L.A. Times: For many unemployed workers, jobs aren't coming back

Joblessness blamed for 80% spike in Mass. foreclosures

More Than 300 Health-Hospitals Corporation Workers in NYC Are Laid Off

UMass Health Memorial To Cut 70-80 Jobs Over Coming Weeks

Postal Worker Union Marchers Protest Against Cut Back To 5 Day Workweek

Business/Economic/Housing/Layoff News for September 3, 2010

Roubini: Get Used To It, The Miserable US Consumer Will Drag The World Down

Zacks #1 Rank Additions for Friday

Zacks #5 Rank Additions for Friday

A Cool Options Trade on Supercool Apple (Nasdaq: AAPL)

Goldcorp (NYSE:GG) to buy Andean Resources for $3.42 billion

Petrobras (NYSE: PZE) May Raise Up to $75 Billion in Sale of Shares

10 Things You Need To Know Before The Opening Bell

Inflation, Deflation, Debt

Fewer and fewer illegal immigrants coming to America

Krugman says the scare stories about stimulus were and are very wrong

China's "Nuclear Financial Option" Downgraded to "Financial Firecracker"

Could investors fleeing stocks become a lost generation?

Three Essential Reads on The Housing Market Right Now

Feeling the pressure from a life 'underwater'

Are Existing Home Prices Overrepresented By Up To 40%?

Home Owners Associations Are A Special Rung In Hell

Realtors Turn To Property Management In Housing Slump

Governments, community groups to get first crack at foreclosed homes

Millions of Americans going through foreclosure will become renters by necessity. Many others will rent by choice. Should the government keep subsidizing owners?

Canada: Threat of a Housing Bubble Has Resurfaced

Banks Playing 'Foreclosure Roulette' With Delinquent Homeowners

Purdue University Offers Early Retirement To 1,600 Of Its Staff

924 Layoffs announced at Sacramento area mortgage servicer HomEq

Blue Cross/Blue Shield In Tennessee Seeks To Slice 140 Jobs

Bad News At The Deseret News for 57 Full-Time and 28 Part-Time Workers

California State considering job cuts of 1,100 prison workers

Job cuts coming to City of Chicago workers

Business/Economic/Housing/Layoff News for August 31, 2010

The Age of Mammon

Nikkei down 3.6% for worst finish since April 2009

Head-and-Shoulders Portends Double-Dip

Summer Movie Box-Office Attendance Falls to Lowest Since 1997

Flash Crash Still Baffles, With An Ominous Tone

Florida, Much Worse Problems Than The Oil Spill

The Automatic Earth Blog Looks At GDP and CMI Once Again

Asian Stocks Fall as U.S. Personal Income Report Fuels Growth Concerns

There is no deflation in used car prices

Alt Energy Great Hope: The Bloom Box (As Seen Last Sunday On 60 Minutes)

Mish: Banks Recruit Investors to Oppose Honest Valuation of Assets; Just how Unprepared are Banks for Major Losses?

Fed to BofA’s Lewis: “Stop Jerking Us Around”

What About The 1970s?

James Howard Kunstler: "One Lump Or Two?"

Jim Rogers: US must stop printing money, copy Europe

TARP and the Continuing Problem of Toxic Assets

Foreclosures fall, but new delinquencies rise

More than 20,000 American mortgagees to hit Palm Beach as Naca's five-day mortgage modification marathon gets under way

Record number in government anti-poverty programs

One in three households has no life insurance

Pimco's El-Erian Sees `Lost Decade' for U.S. Jobs

GM Powertrain plant in Flint, MI to close in November . . . 330 workers to lose jobs

Hilton Hotels lays off 36 workers in Memphis, TN

University of Southern Mississippi to Cut 29 Faculty Staff Positions

Business/Economic/Housing/Layoff News for the Weekend of August 28-29, 2010

CEO: J&J let down public, must work to build trust

Stocks in Fallout Shelter provisioning are ratcheting up

Native Americans protest attempts by New York to collect taxes

Richard Russell: My Take On Gold

Fed Assets Decline to $2.3 Trillion as Housing Securities Fall

Home Prices May Drop Another 25% in the USA

Rising foreclosures and falling sales are discouraging potential buyers

Beijing District Reports That The Majority Of Its Houses Have Been Vacant... For Years

Ford recalls Windstar vans over axle corrosion

The American Nightmare: "You can't expect a recovery in the housing market in the absence of a recovery in the jobs market,"

Double Dip And Other Labels Do Not Matter: It's Jobs That Count

California gets $1.2 Billion from the Department of Education to Fund 16,500 teaching jobs

City of Port St. Lucie, FL to cut 27 jobs in Police Department

El Camino Hospital of Moutain View, CA to lay off 140

Business/Economic/Housing/Layoff News for August 27, 2010

Bernanke's helicopter could move to new altitude

Asian Stocks Decline on U.S. Growth Concern, Advancing Yen

Another Toyota Recall Affecting 1 Million Corolla and Matrix Brand Cars

1,000-Megawatt Plant in Calif. Marks New Milestone in Solar Expansion

India to add 100 Mw solar power capacity

UPDATE 2-Toshiba plans solar power push in Europe, U.S.

Solar, wind expected to become world's main sources of energy: scientist
US Wind Turbine Projects Run Into Resistance From The US Military . . . Here's Why

Breakthrough! Scientists create a synthetic surface for growing stem cells

China's Biggest Wireless Telecom Might Begin Selling Apple iPads In September

Silver and Gold ETFs: Protecting Yourself From a Sell-Off

The Great Delveraging Lie

Mass Delusion American Style

Dow closes below 10,000

S&P 500 down over 13% since April's high; surpisingly, short interest has stayed relatively flat

Dallas-Fort Worth commercial foreclosure filings are up 51% in 2010

11 Million U.S. Properties with Negative Equity in Q2

Chart of the Day: Housing Prices Since WWII

Current trends suggest that the housing market is collapsing. Again. Will it take the economy further down with it?

Mish: Burning Down the House; New Home Sales Consensus 330K, Actual 276K, a Record Low; Nationwide, Zero New Homes Sold Above 750K

The Renting Alternative Will Undermine The Housing Market For Years

Mish: Weekly Unemployment Claims Drop to 473,000, Last Week Revised Up to 504,000; 4-Week Average Rises to 486,750

Scarcity of jobs puts more at risk of foreclosure

Newark submits plan to eliminate nearly 1,000 city jobs

Children's Hospitals plans to cut up to 250 jobs

USA Today to give pink slips to 130 employees

Raytheon cuts 82 NASA workers

Business/Economid/Housing/Layoff News for August 26, 2010

Oil rebounds over $73 on dollar, equities

Credit card debt drops to lowest level in 8 years

U.S. Anticipates Major Drops in Costs of Solar Power, Electric Vehicles by 2015

US retail gasoline demand down 1.2 pct-Mastercard

Peabody, Coal Producers Lead Market's Decline on Weak Economic Data

Five plays which will make you 500% if the market crashes

Coming soon: government defaults . . . says Morgan Stanley

SEC brings charges against ex-CEO of Countrywide, Anthony Mozillo, for his "special friends" program which benefited members of Congress

For America's Middle Class, the Hits Just Keep on Coming

How the Stimulus Is Changing America

Time Magazine: The Case Against Homeownership

Inventory Explodes Past the Worst of the Housing Crash

Why Nobody Wants To Buy A House

Mortgage apps rise 4.9% as more homeowners rush to refinance

New Home Sales decline to Record Low in July

Denninger: The Newest Ripoff In Housing

Capital Expenditures By US Corporations Slows Down And Endangers Hiring

Intel CEO: U.S. faces looming tech decline

Janitors vs. JP Morgan: union custodians go on 3 day hunger strike against Too Big To Fail Bank

120 union employees in the Desert Sands United School District in Palm Springs, CA agree to pay cut for second year in a row to save jobs

Oil spill: About 100 Pensacola cleanup workers protest BP layoffs

Northrop Grumman announces 642 layoffs; 292 people to be notified today

Akron, OH to layoff 49 Police Officers

Meriter Health in Madison, WI cuts 57 jobs

HealthMarkets has 70 layoffs, expects 180 more

It's possible 400 Wayne County, MI employees will get pinks slips

Business/Economic/Housing/Layoff News for August 23, 2010

Peter Schiff: The Fed Has A Drug Problem, Bernanke Is Addicted To Printing

Stocks Rally on Takeover Optimism; Coffee Jumps to 12-Year High

Debt's Deadly Grip

Mish's Weekend Potpourri: Commercial Real Estate Prices Tank; Late Mortgage Payments Spike; Half of Shanghai, Beijing Flats Are Vacant; Pension Fraud by New Jersey Cited by SEC

USA: Portrait of a Sagging Empire

Bond Yields Showing No Economic Spoils for Republicans in 2010

Bond bubble fear returns as investors flee stocks

How Pimco is holding the American homeowners hostage

It's doom and gloom all over again

Today’s economic crisis is less about the quantity of output than the distribution of income and leisure

Late-fee limits could cost card issuers $3 billion

Democracy or “Lobbyocracy”?

Beijing Billionaire Who Grew Up With Mao Sees No Housing Bubble


4th Straight Year Of Decline: Country clubs for golfing closing nationwide

10 Big Retailers Closing Stores

Small Investors Flee The Stock Market

Firm: N. Calif home sales drop 23 percent in July

Another top money manager says the market is priced attractively at this time

7 Reasons Why You Should Not Buy A House

Post-Mortgage Meltdown, Where Do We Go Now?

Dr. Housing Bubble: The fallacy of cheap home prices and the two income trap – dual income households underscore massive housing inflation. Nationwide home prices overvalued by 25 percent.

Homeowners’ Rebellion: Could 62 Million Homes Be Foreclosure-Proof?

Housing Fades as a Means to Build Wealth, Analysts Say

Bloomberg: Housing Slide in U.S. Threatens to Drag Economy Into Recession

Watch Out Amazon, Here Comes Rakuten!

Delta to Recall, Hire Attendants as Carrier Expands

What is real jobless rate in North Carolina? Try 17.8%

Bleak Picture for Employment

Veterinary supplier files bankruptcy, lays off 300

State of Texas considers cutting "thousands" of jobs to balance their budget

BAE Systems laying off 124 at Western Pennsylvania plant

Wells Fargo laying off 90 employees in Reading, PA