Archive for July, 2010
Posted by smeddum on July 18, 2010
17.07.2010 by emily Category Electromagnetic Health Blog
Frustrated by lack of clarity on FCC and FDA regulatory responsibilities regarding cell phone radiation exposures, the American Association for Cell Phone Safety (“AACPS”) in Santa Monica, CA has sent formal letters of inquiry to both Chairman Julius Genachowski of the Federal Communications Commission and Dr. Margaret Hamburg, Commissioner of the Food and Drug Administration. Read the rest of this entry »
Posted in Ecological and Public Health Crisis | Tagged: cell phones dangers | Leave a Comment »
Posted by smeddum on July 18, 2010
Alternet
16/7/10
Wall Street has been caught laundering massive amounts of drug money. So why isn’t anybody being punished? July 16, 2010 |
This piece originally appeared at Campaign for America’s Future. It has been expanded for this publication.
Too-big-to-fail is a much bigger problem than you thought. We’ve all read damning accounts of the government saving banks from their risky subprime bets, but it turns out that the Wall Street privilege problem is far more deeply ingrained in the U.S. legal system than the simple bailouts witnessed in 2008. America’s largest banks can engage in flagrantly criminal activity on a massive scale and emerge almost completely unscathed. The latest sickening example comes from Wachovia Bank: Accused of laundering $380 billion in Mexican drug cartel money, the financial behemoth is expected to emerge with nothing more than a slap on the wrist thanks to an official government policy which protects megabanks from criminal charges. Read the rest of this entry »
Posted in "War on Terror", Financial crisis | Leave a Comment »
Posted by smeddum on July 17, 2010
US regulators shut 8 more banks
Sat, 17 Jul
The number of bank failures in the US continues to climb as regulators have shut down eight more banks in the states of Florida, South Carolina and Michigan.
The closed banks were holding $2 billion in combined assets. The latest closures bring the number of US bank closures so far this year to 96.
US regulators closed a total of 140 banks in 2009. Now, experts say that figure will be surpassed this year. Read the rest of this entry »
Posted in Financial crisis | Tagged: Collapse of banking system | Leave a Comment »
Posted by smeddum on July 16, 2010

People are nervous about the long term outlook, and they should be.”
-Paul Volcker
I had a great day of meetings in New York City yesterday. It’s always additive to get the City’s pulse on risk management matters. The biggest risk that I found myself talking about was one that I haven’t spent enough time writing about – the risk associated with the world’s largest current bubble imploding – short term US Treasuries.
This morning, on the heels of a very disappointing earnings report out of one of America’s largest growth engines (Google), yields on 2-year US Treasuries are trading down to 0.58%. The inverse of this yield equates to the highest prices for short term US Treasury Debt EVER. Read the rest of this entry »
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Posted by smeddum on July 15, 2010
Posted in Financial crisis | Leave a Comment »
Posted by smeddum on July 14, 2010
4/7/10
bananama republic
As part of the War on Everything, the US is invading Costa Rica. About 7,000 marines on 46 warships are sailing to the small country and will, according to the US embassy, “be able to enjoy freedom of movement and the right to carry out the activities that they consider necessary to complete their mission.” Read the rest of this entry »
Posted in Drive to Global War | Tagged: Costa Rico | Leave a Comment »
Posted by smeddum on July 13, 2010

WASHINGTON – An outspoken anti-war Democrat said ongoing US military efforts in Afghanistan could deeply imperil the presidency of Barack Obama and the fortunes of the Democratic Party.
“I think that this war, if it goes on and if it escalates, has the potential to destroy this presidency and to destroy the Democratic majorities in Congress,” Rep. Jerrold Nadler (D-NY) told Raw Story in an interview.
The New York congressman, who has called the Afghanistan war a “fool’s errand,” said he has no qualms opposing Obama and Democratic leaders on this sensitive issue ahead of the midterm elections, despite the harsh climate for his party.
“When you’re dealing with war and peace you can’t think of it in those terms,” he said. “People are dying. The security of our country, the honor of our country, the lives of our men and women, the lives of foreign men and women – are at stake. And that’s a lot more important, frankly, than partisan advantage.”
For Nadler, his stance on Afghanistan hearkens back to when he disapproved of US efforts in Vietnam in the 1960s, which President Lyndon Johnson championed and escalated.
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Posted by smeddum on July 12, 2010
Ensnaring terrorists demands creativity
by Stephan Salisbury
The Liberty City Seven, the Fort Dix Six, the Detroit Ummah Conspiracy, the Newburgh Four – each has had their fear-filled day in the sun. None of these plots ever came close to happening. How could they? All were bogus from the get-go: money to buy missiles or cell phones or shoes and fancy duds – provided by the authorities; plans for how to use the missiles and bombs and cell phones – provided by authorities; cars for transport and demolition – issued by the authorities; facilities for carrying out the transactions – leased by those same authorities. Played out on landscapes manufactured by federal imagineers, the climax of each drama was foreordained. The failure of the plots would then be touted as the success of the investigations and prosecutions. Read the rest of this entry »
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Posted by smeddum on July 12, 2010
8/7/10
In spite of Maharashtra being the epicenter of the swine flu outbreak last year and currently witnessing over 200 infection cases this monsoon, doctors and public health workers in the state are refusing to take the swine flu vaccine.
Doubts over the effectiveness of the vaccine, the mode of administering it, its possible side-effects, and even automatic immunity gained from working with patients so far are some of the several reasons due to which the paramedical staff refuse to take the vaccination. Read the rest of this entry »
Posted in Ecological and Public Health Crisis | Tagged: swine flu | Leave a Comment »