Archive for July 5th, 2008

Los Angeles Times: U.S. not prepared for possible asteroid strike, group says -

U.S. not prepared for possible asteroid strike, group says - Los Angeles Times
“We are not prepared at this time to prevent the massive death and destruction that would occur if an object from space hit the Earth as it did in Tunguska,” said Rep. Dana Rohrabacher (R-Huntington Beach) at a news conference at the Pasadena offices of the Planetary Society.

Bloomberg.com: Company Bankruptcies in U.S. Outpace Individual Filings in June

Bloomberg.com: Worldwide
The softening economy and the collapse of the housing market caused U.S. businesses to file for bankruptcy protection at a higher annualized rate than individuals, according to data compiled from June court records.

Bankruptcy filings in the U.S. during the month rose 33 percent from a year earlier and may surpass 1 million in a year for the first time since bankruptcy laws were tightened in October 2005.

KFDA - NewsChannel 10 / Amarillo, TX: FBI Could Investigate You

KFDA - NewsChannel 10 / Amarillo, TX: newschannel10.com - FBI Could Investigate You
FBI Agents could soon be allowed to investigate Americans without any evidence of wrongdoing, according to the Justice Department.

WSJ.com: Analyst Predicts $7 Gas, “Mass Exodus” of U.S. Cars

Environmental Capital - WSJ.com : Oil Shock: Analyst Predicts $7 Gas, “Mass Exodus” of U.S. Cars
Oil at $135? That was just the opening skirmish in the “peak oil” wars. The latest smart money? $200 oil in 2010, with gasoline at $7 a gallon. And that is going to turn Americans into car-shunning Europeans once and for all—poor Americans, at least.

NYTimes.com: As Gas Prices Soar, Elderly Face Cuts in Aid -

As Gas Prices Soar, Elderly Face Cuts in Aid - NYTimes.com
Faced with soaring gasoline prices, agencies around the country that provide services to the elderly say they are having to cut back on programs like Meals on Wheels, transportation assistance and home care, especially in rural areas that depend on volunteers who provide their own gas. In a recent survey by the National Association of Area Agencies on Aging, more than half said they had already cut back on programs because of gas costs, and 90 percent said they expected to make cuts in the 2009 fiscal year.

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