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1,000 times stronger than Chelyabinsk meteorite: New asteroid may threaten Earth

Moscow University’s robotic telescope has discovered a massive asteroid that could potentially hit Earth in the future. If such a collision happens, the explosion would be 1,000 more powerful the Chelyabinsk meteorite explosion in 2013.

An automatic telescope installed in Russia’s Caucasus Mountains, near the city of Kislovodsk, first spotted the newly discovered space rock, dubbed 2014 UR116. Theasteroidis estimated to be 370 meters in diameter, which is bigger than the size of the notorious Apophis asteroid.

Once Russian astronomers saw the new space object, they passed the data to colleagues at the Minor Planet Center of the Smithsonian Astrophysical Observatory. That means many observatories around the world closely scrutinized 2014 UR116, which helped to calculate the object’s preliminary orbit.

2014 UR116’s orbit is fluctuating because it also passes close to Venus and Mars, and the gravitational pull of these planets can also influence the asteroid’s trajectory.

When a meteorite exploded in the skies above the Russian city of Chelyabinsk in February 2013, the energy of the explosion was estimated to be equivalent to 300-500 kilotons of TNT. But the Chelyabinsk meteorite was relatively small, about 17 meters in diameter and it disintegrated with a blast at an altitude of over 20 kilometers.

The newly discovered 2014 UR116 is much bigger and its collision with our planet would be catastrophic, as its impact power would be 1,000 times stronger than of the Chelyabinsk meteorite, Scientific Russia journal pointed out.

But the good news is that the asteroid poses no threat to Earth for at least the next six years, Victor Shor, research associate at the Institute of Applied Astronomy told the Interfax news agency.

At the moment the closest part of 2014 UR116’s orbit is 4.5 million kilometers from Earth. But this will change, so scientists are going to have to keep an eye on 2014 UR116 for years to come.

The robotic telescope network that discovered 2014 UR116 is called MASTER. It belongs to Moscow State University and was created in close cooperation with Russian universities in Yekaterinburg, Irkutsk, Blagoveschensk, the Kislovodsk station of Pulkovo Observatory and help from the National University of San Juan, Argentina.

MASTER has already snagged two other potentially dangerous asteroids: 2013 SW24 and 2013 UG1, but they were smaller than 2014 UR116, ‘only’ 250 and 125 meters respectively.

The video showing the movement of 2014 UR116 is made up of a number of photos taken by the MASTER robotic telescope, with several minutes interval between each one.

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Tsawout First Nation Lands Management Hosts Sustainable Communities & Off Grid Housing Presentation

  • Presenter: Joseph – Founder of Sustainability Partnerships &
    AnastasiaEstates.net
  • Date: Wednesday June 17, 2015
  • Where: Tsawout Gymnasium
  • Time: 1:00pm
  • Refreshments served
  • Listen to Joseph live daily at www.PartnerRadio.org

download (3) - Copy download images - Copy images (1) - Copy images (3) - Copy images (5) - Copy images (6) - Copy

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National Park Land Up for Grabs for Those Willing to Farm It

Three land parcels are currently up for grabs inside the Cuyahoga Valley National Park
http://abcnews.go.com/Lifestyle/national-park-land-grabs-farm/story?id=31291650

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Vikings Revenge:

Iceland Takes Back Power To Create Its Own Money

21st Century Wire says…The Vikings revenge. Iceland is taking the money back from the clutches of the private fractional reserve lending cartel.

It’s happened before in history, and with great success, but it has also prompted a violent backlash from the elites…

Back in 1914, the Bradbury Pound was introduced by the UK government as an ‘emergency measure’ to bolster a failing economy. It was a huge success. The banking elite were unhappy, however and panicked – before managing to wrestle control of the money supply afterwards.

President John F. Kennedy also introduced a similar ‘Greenback’ in 1961, and again, the banking elite were very unhappy about being pushed out, and losing control of the issuance ofmoney as debt. JFK did not survive past 1963.

Then there was Muammar al-Gaddafi in Libya who, in 2009 announced a new gold-backed dinar, issued by Libya’s state-owned public central bank, and with further plans – negotiating with the other African nations for the creation of an all-African currency to compete with the Euro and the Dollar. Gaddafi did not survive past 2011.

1-Iceland-Money-Bankers
Raúl Ilargi Meijer
Automatic Earth

Who knew that the revolution would start with those radical Icelanders?

One Frosti Sigurjonsson, a lawmaker from the ruling Progress Party, issued a report today that suggests taking the power to create money away from commercial banks, and hand it to the central bank and, ultimately, Parliament.

Can’t see commercial banks in the western world be too happy with this. They must be contemplating wiping the island nation off the map. If accepted in the Iceland parliament , the plan would change the game in a very radical way. It would be successful too, because there is no bigger scourge on our economies than commercial banks creating money and then securitizing and selling off the loans they just created the money (credit) with.

Everyone, with the possible exception of Paul Krugman, understands why this is a very sound idea. Agence France Presse reports:

Iceland Looks At Ending Boom And Bust With Radical Money Plan

Iceland’s government is considering a revolutionary monetary proposal – removing the power of commercial banks to create money and handing it to the central bank. The proposal, which would be a turnaround in the history of modern finance, was part of a report written by a lawmaker from the ruling centrist Progress Party, Frosti Sigurjonsson, entitled “A better monetary system for Iceland”.

“The findings will be an important contribution to the upcoming discussion, here and elsewhere, on money creation and monetary policy,” Prime Minister Sigmundur David Gunnlaugsson said. The report, commissioned by the premier, is aimed at putting an end to a monetary system in place through a slew of financial crises, including the latest one in 2008.

According to a study by four central bankers, the country has had “over 20 instances of financial crises of different types” since 1875, with “six serious multiple financial crisis episodes occurring every 15 years on average”. Mr Sigurjonsson said the problem each time arose from ballooning credit during a strong economic cycle.

He argued the central bank was unable to contain the credit boom, allowing inflation to rise and sparking exaggerated risk-taking and speculation, the threat of bank collapse and costly state interventions. In Iceland, as in other modern market economies, the central bank controls the creation of banknotes and coins but not the creation of all money, which occurs as soon as a commercial bank offers a line of credit. The central bank can only try to influence the money supply with its monetary policy tools.

Under the so-called Sovereign Money proposal, the country’s central bank would become the only creator of money. “Crucially, the power to create money is kept separate from the power to decide how that new money is used,” Mr Sigurjonsson wrote in the proposal. “As with the state budget, the parliament will debate the government’s proposal for allocation of new money,” he wrote.

Banks would continue to manage accounts and payments, and would serve as intermediaries between savers and lenders. Mr Sigurjonsson, a businessman and economist, was one of the masterminds behind Iceland’s household debt relief programme launched in May 2014 and aimed at helping the many Icelanders whose finances were strangled by inflation-indexed mortgages signed before the 2008 financial crisis.

Learn more about public-issued currency by watch this short film produced by the UK Column, about England’s Bradbury Pound:


READ MORE ICELAND NEWS AT: 21st Century Wire Iceland Files

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What Does It Take to Start a Worker Co-Op? A Practical Video Guide to Democratizing Our Economy 

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