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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Hawkmoon who wrote (12177)3/23/2009 7:36:30 AM
From: John Pitera1 Recommendation  Read Replies (2) of 33421
 
The quintessential part of today's NEW PLAN for toxic asset removal is to throw the evil Wall street malevolents into the volcano...... The Administration just opened up a fresh one in Alaska just for this purpose!

Alaska's Mount Redoubt Erupts Four Times
Monday , March 23, 2009

— Alaska's Mt. Redoubt volcano erupted late Monday and early Tuesday in "four large explosions," sending an ash plume an estimated 9 miles into the air, the Alaska Volcano Observatory reported.

"The ash cloud went to 50,000 feet, and it's currently drifting toward the north, northeast," said Janet Schaefer, a geologist with the Alaska Volcano Observatory.

Geologists at the observatory say the volcano, located 100 miles southwest of Anchorage, erupted four times, from 10:30 p.m. to 1:40 a.m. local time.

"This is a fairly large eruption, close to the larger cities in Alaska," Geophysicist John Power said. He said nearby cities have not yet reported ash fall from the volcano, but noted that it's still early
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