Detroit Publishing Co. Maxim Vixen 1900 “U.S.S. Vixen, Maxim machine gun and gunner Smith, who fired 400 consecutive shots at Battle of Santiago de Cuba, July 3, 1898” Stoneleigh: It will be a long time before we have a complete picture of the unfolding nuclear catastrophe at Fukushima, and much longer before the scale of the impacts can truly be understood. Misinformation and disinformation abound in an emotive and exceptionally polarized debate over the nuclear power industry. Teasing apart fact
Read More...Alfred Palmer War Workers October 1942 “Two assembly line workers at the Long Beach, California, plant of Douglas Aircraft Company enjoy a well-earned lunch period. Nacelle parts of a heavy bomber form the background” Stoneleigh: The Fukushima disaster continues, and will do so for a long time to come. This is hardly surprising given the overwhelming force the plant was exposed to, which far exceeded the worst case scenario it was designed to withstand. The 2 pictures above were taken
Read More...Detroit Publishing Co. After the Quake 1906 “The burnt out San Francisco Call newspaper building from Grant Avenue”Stoneleigh:We have now seen a series of explosions at the stricken Fukushima Dai-ichi plant (Fukushima 1), and it is becoming increasingly clear that containment systems have been breached in at least some units. The pervasive consequences of station blackout began with a hydrogen explosion in unit 1, followed by a much larger explosion in unit 3, two explosions at unit 2 and one
Read More...Pillsbury Picture Co. “The Burning of the Call” 1906 The San Francisco Call newspaper building in flames after the April 18, 1906 earthquake Ilargi: You may not be have been aware of it until now, but The Automatic Earth has an in-house full-blown nuclear safety expert. The subject of Stoneleigh’s master thesis at the law faculty of Warwick University in Coventry, England, where she studied International Law in Development, was nuclear safety research. After graduating in 1997, she became a
Read More...Detroit Publishing Co. Payday 1906 “New Orleans : Payday on the levee” Stoneleigh: Renewable energy has become a topic of increasing interest in recent years, as fossil fuel prices have been volatile and the focus on climate change has sharpened. Governments in many jurisdictions have been instituting policies to increase the installation of renewable energy capacity, as the techologies involved are not generally able to compete on price with conventional generation. The reason this is necessary, as we have pointed
Read More...Marion Post Wolcott Sea Level View January 1941 “Sarasota, Florida, guests of Sarasota trailer park picnicking at the beach” Stoneleigh: People occasionally comment that we only consider the circumstances of the relatively wealthy in articles like, for instance, our Lifeboat Primer. It is true that by no means everyone can achieve the ideal circumstance of holding no debt, having cash on hand and having some control over the essentials of their own existence, however there are many other important factors
Read More...Orville or Wilbur Wright Kitty Hawk Drum Fish 1900 “Tom Tate, the son of Captain Tate’s half-brother Daniel Tate, poses with a drum fish in front of a 1900 Wright glider” Ashvin Pandurangi: A Glimpse Into the Stubborn Psychology of Fish “Poker may be a branch of psychological warfare, an art form or indeed a way of life – but it is also merely a game, in which money is simply the means of keeping score.” – Anthony Holden For
Read More...Lewis Wickes Hine What difference 100 years make January 1911 “Tom Vitol (also called Dominick Dekatis), 76 Parsonage Street, Hughestown Borough; Works in [coal] Breaker #9; Probably under 14: Pittston, Pennsylvania. “ Stoneleigh: Despite the continuing atmosphere of optimism and denial (that’s par for the course during long-lived counter-trend rallies), we are witnessing a slow-motion crash of the juggernaut that is the real US economy. The unemployment situation is already the worst since the Great Depression and showing no signs
Read More...Howard Hollem Primary Colors February 1943 “War production workers at the Heil Co. making gasoline trailer tanks for the Army Air Corps, Milwaukee, Wisconsin. Elizabeth Little, age 30, mother of two, spraying small parts. Her husband runs a farm” Ilargi: When I first saw the Gonzalo Lira pieces, it took me less than five minutes to delete them. Their basis is simply too slim: if A happens, than B. C and D must also happen. Yeah, but what if A
Read More...Detroit Publishing Co. Always the First with the Big News 1908 “Smallest news & post card stand in New Orleans, 103 Royal Street” Stoneleigh: As our readers know, we do not provide investment advice. We do not exist to help people make money in the markets, but to help them avoid losing what they have in a deflationary crisis, at a time when almost everyone will lose a great deal. Our position is that being in cash on the sidelines
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