Hurricane Ike, Energy Infrastructure, Refineries and Damage Models Landfall Thread (Updated 9/13 9:00 EDT)

Posted by Prof. Goose on September 13, 2008 – 10:10am
Topic: Supply/Production

Updated 9/13 900 EDT. Hurricane Ike made landfall in Galveston in an area with extensive oil infrastructure, namely over 5 million bpd of US petroleum refining capacity. (5 MMBBL is about 30% of US capacity (about 15 MMBBL), and a bit less than 6% of [...]

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N.Y. Fed calls meeting to forestall Lehman collapse

 
By MarketWatch
Last update: 12:00 a.m. EDT Sept. 13, (MarketWatch) — As U.S. Treasury officials made it clear the government will not bail out Lehman Bros., the Federal Reserve Bank of New York met Friday night with Wall Street executives in an effort to forestall the collapse of the investment firm and shore up rapidly weakening [...]

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‘Jim Crawford’ Republicans

The GOP is working to keep eligible African-Americans from voting in several states.
Jonathan Alter
Newsweek Web Exclusive
Updated: 2:37 PM ET Sep 11, 2008

It was a mainstay of Jim Crow segregation: for 100 years after the Civil War, Southern white Democrats kept eligible blacks from voting with poll taxes, literacy tests and property requirements. Starting in the 1960s, the [...]

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The original shock & awe

Video below,
Panama’s Manuel Noriega’s name comes up a lot in
discussions of Iran-Contra drug dealing and illegal
arms sales. 
It’s undisputed that Noriega was on the CIA’s payroll.
What’s not so well understood is why Bush Sr. invaded
Panama early in his presidency, slaughtering thousands
of civilians in the process.
People who are horrified about what’s going on today
either were too young [...]

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America’s Economic Myths

Daily Article by David Saied | Posted on 9/10/2008

“The Olympian gods”
Nicolas-André Monsiau (1754–1837)

Mainstream economists and so-called experts have filled the minds of most Americans with many economic myths that are constantly reinforced by the media and repeated on the streets. These myths are erroneous at best, sometimes based on half truths. The majority of them [...]

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Rule Changes Would Give FBI Agents Extensive New Powers

By Carrie Johnson
Washington Post Staff Writer
Friday, September 12, 2008; A02

 
The Justice Department will unveil changes to FBI ground rules today that would put much more power into the hands of line agents pursuing leads on national security, foreign intelligence and even ordinary criminal cases.
The overhaul, the most substantial revision to FBI operating instructions in years, [...]

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Texas Coast Braced for the Worst

Updated: Friday, September 12, 2008 2:52 PM

Wind and waves became increasingly worse along the mid- and upper Texas coast Friday, and conditions will get even meaner Friday night. Those still on the barrier islands are risking their lives to do so. When the biggest part of the storm surge arrives overnight, the water level [...]

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Ike, 125 MPH Wind, Model Shows 30-Foot Storm Surge

Friday, September 12, 2008 9:53 AM

UPDATE: A sustained wind of 124 mph has been recorded at NDBC Station 42361, which is a Shell Oil station in the Gulf (they don’t measure gusts). It’s hard to say what the significance of this is because the anemometer is at 122 meters in height, compared to the normal [...]

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Post: McCain’s Keating 5 lawyer pressured DEA investigators on wife’s drug abuse

Nick Juliano
Published: Friday September 12, 2008
John McCain’s powerful Washington, DC, lawyer, who secured a slap on the wrist for the Arizona Senator following the Keating Five scandal, was in close contact with federal investigators probing Cindy McCain’s prescription drug abuse, throughout their nearly yearlong investigation, according to a new report Friday.
Although there was little doubt [...]

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Yankee hegemony finished: Chavez

 Vladimir Radyuhin 
MOSCOW: Russian nuclear-capable bombers have arrived in Venezuela for unprecedented joint exercises in the Caribbean, which would later be joined by Russian warships, including nuclear submarines.
Russian President Dmitry Medvedev said he had ordered strategic bombers to fly across the Atlantic Ocean. Two Tu-160s, the world’s biggest long-range bombers, landed in Venezuela on Wednesday in [...]

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