Eagle: Are We Eating Ourselves to Death?

07 Health, 07 Other Atrocities, Civil Society, Commerce, Cultural Intelligence, Government
300 Million Talons...

Is The Food We Eat Killing Us?

Are we digging our own graves with our teeth?  Is the food that we eat every day slowly killing us?  When I was growing up, I just assumed that everything in the grocery store was perfectly safe and perfectly healthy.  I just assumed that the government and the big corporations were watching out for us and that they would never allow something harmful to be sold in the stores.  Boy, was I wrong!  Today, the average American diet is extremely unhealthy.  Most of the foods that we all love to eat are absolutely packed with things that will damage our health.  Many of the ingredients that make our foods “taste good” such as fat, salt and sugar can be extremely damaging in large amounts.  On top of that, most processed foods are absolutely loaded with chemicals and preservatives.  The next time you go to the grocery store, just start turning over packages and read the “ingredients” that are being put into our food.  If you have never done this before, you will be absolutely amazed.  In many of our most common foods there are “ingredients” that I cannot even pronounce.  Sadly, most Americans have no idea that eating a steady diet of these processed foods will likely leave them massively overweight, very sick and much closer to death.

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Eating healthy takes more time, more effort and more money than eating poorly does. Unfortunately, most Americans are content to chow down on foods that are quick to make and that taste good. In particular, Americans are absolutely addicted to foods that are loaded with sugar and high fructose corn syrup. When you start looking at food product labels, you will find that either sugar or high fructose corn syrup is in almost everything. For example, I was absolutely amazed when I learned that most bread sold in our grocery stores contains high fructose corn syrup. Why in the world would they need to put that into our bread? Today, Americans are consuming far more sugar and high fructose corn syrup than ever before, and this has many health professionals very alarmed.

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David Stockman: Emperor Naked, Bond Market Explodes Next

03 Economy, Civil Society, Commerce, Commercial Intelligence, Corruption, Government
David Stockman

The Emperor is Naked: David Stockman

Testosterone Pit, May 9, 2012

Contributed by Karen Roche and JT Long of The Gold Report. A “paralyzed” Federal Reserve Bank, in its “final days,” held hostage by Wall Street “robots” trading in markets that are “artificially medicated” are just a few of the bleak observations shared by David Stockman, former Republican U.S. Congressman and director of the Office of Management and Budget. He is also a founding partner of Heartland Industrial Partners and the author of The Triumph of Politics: Why Reagan's Revolution Failed and the soon-to-be released The Great Deformation: How Crony Capitalism Corrupts Free Markets and Democracy. The Gold Report caught up with Stockman for this exclusive interview at the recent Recovery Reality Check conference (5/4/12).

The Gold Report: David, you have talked and written about the effect of government-funded, debt-fueled spending on the stock market. What will be the real impact of quantitative easing?

David Stockman: We are in the last innings of a very bad ball game. We are coping with the crash of a 30-year–long debt super-cycle and the aftermath of an unsustainable bubble.

Quantitative easing is making it worse by facilitating more public-sector borrowing and preventing debt liquidation in the private sector—both erroneous steps in my view. The federal government is not getting its financial house in order. We are on the edge of a crisis in the bond markets. It has already happened in Europe and will be coming to our neighborhood soon.

TGR: What should the role of the Federal Reserve be?

DS: To get out of the way and not act like it is the central monetary planner of a $15 trillion economy. It cannot and should not be done.

The Fed is destroying the capital market by pegging and manipulating the price of money and debt capital. Interest rates signal nothing anymore because they are zero. The yield curve signals nothing anymore because it is totally manipulated by the Fed. The very idea of “Operation Twist” is an abomination.

Capital markets are at the heart of capitalism and they are not working. Savers are being crushed when we desperately need savings. The federal government is borrowing when it is broke. Wall Street is arbitraging the Fed's monetary policy by borrowing overnight money at 10 basis points and investing it in 10-year treasuries at a yield of 200 basis points, capturing the profit and laughing all the way to the bank. The Fed has become a captive of the traders and robots on Wall Street.

TGR: If we are in the final innings of a debt super-cycle, what is the catalyst that will end the game?

DS: I think the likely catalyst is a breakdown of the U.S. government bond market. It is the heart of the fixed income market and, therefore, the world's financial market.

Because of Fed management and interest-rate pegging, the market is artificially medicated. All of the rates and spreads are unreal. The yield curve is not market driven. Supply and demand for savings and investment, future inflation risk discounts by investors—none of these free market forces matter. The price of money is dictated by the Fed, and Wall Street merely attempts to front-run its next move.

As long as the hedge fund traders and fast-money boys believe the Fed can keep everything pegged, we may limp along. The minute they lose confidence, they will unwind their trades.

On the margin, nobody owns the Treasury bond; you rent it. Trillions of treasury paper is funded on repo: You buy $100 million (M) in Treasuries and immediately put them up as collateral for overnight borrowings of $98M. Traders can capture the spread as long as the price of the bond is stable or rising, as it has been for the last year or two. If the bond drops 2%, the spread has been wiped out.

If that happens, the massive repo structures—that is, debt owned by still more debt—will start to unwind and create a panic in the Treasury market. People will realize the emperor is naked.

Continue reading “David Stockman: Emperor Naked, Bond Market Explodes Next”

David Swanson: Colin Powell’s Treason – Lest We Forget

Blog Wisdom, Civil Society, Corruption, Cultural Intelligence, Government, IO Deeds of War, Law Enforcement, Military, Officers Call, Peace Intelligence
David Swanson

Colin Powell's Tangled Web

“I get mad when bloggers accuse me of lying — of knowing the information was false. I didn’t.” — Colin Powell.

Can you imagine having an opportunity to address the United Nations Security Council about a matter of great global importance, with all the world's media watching, and using it to… well, to make shit up – to lie with a straight face, and with a CIA director propped up behind you, I mean to spew one world-class, for-the-record-books stream of bull, to utter nary a breath without a couple of whoppers in it, and to look like you really mean it all? What gall. What an insult to the entire world that would be.

Colin Powell doesn't have to imagine such a thing. He has to live with it. He did it on February 5, 2003. It's on videotape.

I tried to ask him about it in the summer of 2004. He was speaking to the Unity Journalists of Color convention in Washington, D.C. The event had been advertised as including questions from the floor, but for some reason that plan was revised. Speakers from the floor were permitted to ask questions of four safe and vetted journalists of color before Powell showed up, and then those four individuals could choose to ask him something related – which of course they did not, in any instance, do.

Bush and Kerry spoke as well. The panel of journalists who asked Bush questions when he showed up had not been properly vetted. Roland Martin of the Chicago Defender had slipped onto it somehow (which won't happen again!). Martin asked Bush whether he was opposed to preferential college admissions for the kids of alumni and whether he cared more about voting rights in Afghanistan than in Florida. Bush looked like a deer in the headlights, only without the intelligence. He stumbled so badly that the room openly laughed at him.

Continue reading “David Swanson: Colin Powell's Treason – Lest We Forget”

NIGHTWATCH: European Election Updates – Crowds Against Corruption

Civil Society, Collective Intelligence, Corruption, Government

Election Updates:

France: As expected, Francois Hollande is the new president of France. In his victory speech on 6 May, Hollande said “…austerity cannot be the only option.”

Greece: As expected, no party won a majority. The conservative New Democracy Party obtained the most votes, followed by a coalition of leftist parties and then the Socialists. Nevertheless, the New Democracy and Socialist Parties both sustained an enormous reduction in popular support. The magnitude of the anti-austerity vote was described as a volcanic eruption by Greek political analysts.

On 7 May the New Democracy Party failed in its attempt to form a coalition government. The second place party, the Coalition of the Radical Left rejected the New Democracy's offer. The leader of the Coalition, AlexisTsipras, said the parties that make up his coalition are in opposition and demand that the austerity measure be canceled.

The Greek President has asked the Coalition of the Radical Left to form a government. If it fails, the Socialists will be asked. coalition with the conservative New Democracy (ND) party, AP reported May 7. After talks with ND leader Antonis Samaras, Alexis Tsipras said the parties are in opposition and demanded that austerity measures be canceled.

Comment: The popular mood is dark. A neo-Nazi party won 7% of the vote which will entitle it to have representation in parliament for the first time. Expect street disorders.

German reaction also is as expected. Germany will not work to change Europe's compact on budget discipline and rejects growth measures that increase debt levels, government spokesman Steffen Seibert said on 7 May.

New negotiations of the fiscal compact are not possible, Seibert said, adding that growth should come through structural reforms, not through new debt. Greece must implement reforms it agreed to as part of its bailout package. The agreements represent Greece's best path forward and Athens must adhere to them, Seibert said.

Die Welt's editorial wrote,

“Both Hollande and the Greek opposition are serving people's desire for a fundamental change in political and social conditions, which are mainly attributed to the most powerful woman in Europe: Chancellor Angela Merkel.”

“They were voting against a tight rein on states by a central authority in Brussels, against the loss of democracy through ‘expert government'. These elections were a clear rejection of the Angela Merkel's system in Europe.”

Comment: Teutonic sternness is more likely to be incendiary than helpful. Die Welt has the right of it. The eurozone experiment is proving unsustainable against the sentiment for utopian and egalitarian solutions. The economies do not mesh. The regime of the bankers and bureaucrats in Brussels is under threat.

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Tom Atlee: Wholesome Capitalism

03 Economy, 09 Justice, 11 Society, Blog Wisdom, Civil Society, Commerce, Ethics
Tom Atlee

Wholesome capitalism?

What would wholesome capitalism look like?

“Wholesome” means healthy, in the sense of something that promotes physical and moral well-being. Wholesome capitalism would take into account the wholeness of people and the social and natural world we live in, and it would enhance that wholeness.

Some people think capitalism already does this. They note how good it has been at generating wealth. The word wealth, meaning abundance, derives from roots meaning well-being and wholeness. Many of capitalism's advocates feel it should be freed from constraints so it can generate more wealth.

Others note that capitalism – while generating wealth for some – many or few, depending on its form in a particular time and place – nevertheless generates much suffering and destruction in the process. It reduces everything to money and maximizes financial return even if it has to degrade and destroy human and natural life to do it. Many of capitalism's critics feel it should be undermined or overthrown.

Still others note both the blessings and problems with capitalism. They think we can have the wealth without so much suffering and destruction. Most of these people promote freeing capitalism's creativity and productivity while restraining its rapaciousness in various ways – using everything from laws, regulations and taxes to moral suasion and consumer-shareholder activism.

In this article I advocate all three positions – odd as that may sound – but only after reframing “capital” and “wealth” to better reflect wholeness.

THE PRIMARY DYNAMIC OF CAPITALISM

The special gift of capitalism is its ability to create MORE – more products and services, more self-organized economic activity, more wealth. In systems science, this tendency to create more-ness is called a positive or reinforcing feedback dynamic.

Continue reading “Tom Atlee: Wholesome Capitalism”

Eagle: Temple Mormons By Definition, Cannot Swear an Oath to Uphold the Consitution — Prophet Ubber Alles

Civil Society, Commerce, Corruption, Cultural Intelligence, Government
300 Million Talons...

Romney: Why It’s OK to Stick It to Him for Being a Mormon

Weekend Edition April 6-8, 2012

CounterPunch Diary
by ALEXANDER COCKBURN

Mitt Romney will be the Republican to face President Obama in the fall.  Tuesday night was the clincher, as the Mormon zealot won in Wisconsin, Maryland and Washington DC. He may stumble on, but the Catholic zealot Rick Santorum is finished.

It’s hard to detect any alluring feature in Romney’s psychic or political make-up, and I’m none too sure about Ann  Romney, who at this stage of the game is filling the role played by the late Elizabeth  Edwards in the Edwards campaign on its upward trajectory back in early 2008.

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Santorum got roughed up for actually espousing conservative Roman Catholic positions. For some reason Romney is being given a pass as a Mormon, as though his religion is of no consequence, as inconsequential a piece of  ideological baggage as Bill Clinton’s Baptist label. Columnists evidently feel it’s poor taste to suggest that a candidate’s religion might have some bearing on his conduct and that the candidate should be properly grilled on the matter.

No doubt in the upcoming campaign Romney will attack Obama for his associations with radicals, the lunatic idea —  most recently promoted by the late Andrew Breitbart — being that ex-Weatherfolk Bill Ayers and Bernadine Dohrn imparted to the eager Obama the left’s secret plan to take over the United States and put everyone in slave labor camps, have abortions and engage in unmentionable sexual practices.

Alas, the left never did have a plan – secret or overt — to take over the United States. Abortions and unmentionable sexual practices were a different matter.  Ayers’ and Dohrn’s actual role was obviously to help hook up the eager Obama with big Democratic Jewish money in Chicago, directing the attention of the latter to this well-mannered Harvard-educated black politician as someone to watch and assist.

The left never had a secret plan or much discipline. But the Mormons really do have secrets and a lot of discipline. Does Romney espouse Mormon doctrines about gays or not? About obedience to the Prophet or not? If not, then isn’t he a fake Mormon, without a shred of principle. Why should be believe him about anything? If yes, then where does that put his loyalties and priorities as someone hoping to be President of the United States and supposed upholder of the Constitution? (Of course Obama has shredded substantial portions of the Constitution without even the excuse of being a Mormon.)

What about Romney’s associations? He is no ordinary Mormon. By lineage, upbringing and personal decision he’s about as dedicated a Mormon as you can be – which is very dedicated indeed. I urge you to check out the piece by a former Mormon in our current newsletter, which delves into Mormon practices and points out that Romney attends a Mormon temple. Temples are only open to those members who adhere completely to the strict standards of Mormonism, including unwavering loyalty to the president of the church.

Continue reading “Eagle: Temple Mormons By Definition, Cannot Swear an Oath to Uphold the Consitution — Prophet Ubber Alles”

David Isenberg: More People Enslaved on Earth Than Ever Before in History

07 Other Atrocities, 09 Justice, 11 Society, Civil Society, Corruption, Earth Intelligence, Government, Law Enforcement
David Isenberg

A Morally Reprehensible Problem

I confess: I have an interest in an unseemly topic. Last year I coauthored a report on the subject and testified before Congress about it. The subject is labor trafficking.

So let's give credit where it is due. On May 1, the International Stability Operations Association, a leading private military and security contracting trade association and the American Bar Association hosted a Combating Labor Trafficking: Legal and Compliance Mechanisms in the Fight Against Forced Labor conference. The coordinating partners for the event were such major companies as DynCorp International, Triple Canopy, FSI Worldwide, and Principal Risk Solutions.

This is not, of course, a problem exclusive to the PMSCO sector but neither is it something that has happened only now and then either. Suffice it to say that it enough of a problem that this is the second conference ISOA organized on the issue, the first being seven years ago. The conference program guide minced no words in stating why a conference is necessary:

Labor trafficking is a disgraceful practice that plagues many country as well as international peacekeeping and stability operations. Poverty creates pools of desperate labor at high risk of human trafficking of all kinds, including forced labor. The problem is morally reprehensible but of such enormous complexity it cannot be solved by a single sector and must be addressed by stakeholders working in partnership from all sides — private, governmental, nongovernmental and humanitarians sectors; clients and employers

As a sign that of its recognition of the seriousness of the problem ISOA's Code of Conduct has long had a provision stating that “Signatories shall not engage or allow their personnel to engage in the act of trafficking in persons.”

Trafficking in persons takes different forms. It might be forced labor, sex trafficking or bonded labor, to name a few examples. The first two types have happened in the PMSC industry.

As an article in JIPO notes:

Human trafficking on U.S. government contracts in the Central Command (“CENTCOM”) sector is chronic, overt and unabated. The appalling fact that hundreds of thousands of men have been used as slave laborers to support “freedom” operations is not lost upon the victims.

Investigative journalists reporting of widespread human trafficking of laborers on U.S. government contracts in CENTCOM date back to 2004. The New York Times reported the too common fraudulent recruiting scheme that began in 2003 when contractors first started trafficking men to perform services on government contracts. The Chicago Tribune also covered human trafficking in 2005, calling out the use of US tax dollars to provide slave labor during wartime. Articles in USA Today have reported labor trafficking abuses of Asian workers in Saudi Arabia as well as forced labor of Thai workers in the United States, considered “the nations biggest human trafficking operations.”

Personal investigations both on the ground in Iraq, and in conducted interviews of victims who have returned to the Indian subcontinent, have produced conclusions consistent with other investigative journalists. Other investigative journalists such as David Phinney and reporters who have been on the ground, observed the practice and interviewed thousands of victims have also highlighted this blight on our national image. In fact, the only thing parties agree upon is that the practice is prolific, unabated and contrary to the very foundation and core of American values.

A more blunt way of putting is, as one conference speaker noted, is that we now have people enslaved than at any time in human history, with estimates ranging from 12 to 27 million people.

Interestingly, this is not an issue where people think this is something best left to industry to self-regulate. As the morning keynote speaker Ambassador Luis CdeBaca, senior adviser to the secretary of state, Office to Monitor and Combat Trafficking in Persons, said:

Government is the answer, government is the solution, but it is not the only player. We have to dismiss the notion that this is someone else's problem. This is our problem and we have to be part of the solution. Our starting point has to be that we're not making the problem worse.

Those wanting more detail should see the current (May/June) issue of ISOA's JIPO magazine, which is devoted to the subject. According to ISOA it will be online later this week.

See Also:

Nobodies: Modern American Slave Labor and the Dark Side of the New Global Economy