Category: Commerce

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Journal: ClimateGate, Israel & Greenwashing Terror

03 Environmental Degradation, 05 Energy, 06 Genocide, 07 Other Atrocities, 08 Wild Cards, 10 Security, Collective Intelligence, Commerce, Commercial Intelligence, Government, Media
ClimateGate Rolling Update
Chuck Spinney

An excellent summary of the ongoing dispute over Global Warming.  Chuck.

Climate Catastrophe:A Superstorm for Global Warming Research

By Marco Evers, Olaf Stampf and Gerald Traufetter

Der Spiegel 1 April 2010

Plagued by reports of sloppy work, falsifications and exaggerations, climate research is facing a crisis of confidence. How reliable are the predictions about global warming and its consequences? And would it really be the end of the world if temperatures rose by more than the much-quoted limit of two degrees Celsius?

… are they ready for the Rubber Room or Both? My guess is the answer is “both.”  But read the attached article by Jonathan Cook and judge for yourself.  One thing that is becoming clear, however:  Global Warming can be used as a canonical fear to justify just about anything — from Obama's plan to resurrect the nuclear power industry (while at the same time, he punts on the nuc waste issue by caving into political pressure to close the Yucca Mountain waste depository, after spending $17 billion since the 1980s) to Israel's crackpot plan to win the so-called war on terror by impoverishing the petro-states via the weaning the industrial world off hydrocarbons (see below).  If you want to get a realistic idea of the size of the energy numbers as well as the socio-economic implications of the policy transformations implied by displacing the West's reliance on hydrocarbons, I urge you read my good friend Robert Bryce's important new book, Power Hungry: The Myths of Green Energy and the Real Fuels of the Future, Public Affairs Press, April 2010.  You do not have to agree with his specific recommendations to accept the value of his important work.

Chuck Spinney
Marmaris, Turkey

[archive under construction at http://chuckspinney.blogspot.com/ ]

Jonathan Cook, The Electronic Intifada, 30 March 2010
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Banksterism: Total Wall Street Bailout Cost, Financial Crisis Tracker

03 Economy, 09 Justice, 11 Society, Civil Society, Commerce, Government, Money, Banks & Concentrated Wealth
Financial Crisis Tracker
Center for Media and Democracy's Financial Crisis Portal

The Wall Street Bailout Cost table is produced and updated monthly by the Real Economy Project of the Center for Media and Democracy, which publishes SourceWatch. The total is reflected on the Financial Crisis Tracker widget (to the left). This calculation was peer-reviewed by economists at the Center for Economic and Policy Research in Washington, D.C. This table represents a unique accounting of actual funds disbursed. Our total includes major programs of the U.S. Treasury Department, the Federal Reserve and other government agencies to assist the financial sector and institutions that had a role in the crisis. It does not include stimulus funds, unemployment, student loans, auto bailout and other initiatives to create jobs or support citizens.

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Journal: Tobin Tax (Tax the Moving Money Not Earned Income) Coming Forward

03 Economy, Commerce, Commercial Intelligence, Cultural Intelligence, Government
Webster Griffin Tarpley

The Tobin tax or Wall Street sales tax is rapidly gathering momentum thanks to a bid by British Labour Party MPs to save themselves from looming defeat at the hands of the Tories by playing this great economic populist card. If the Labour Party succeeds with this gambit, it will tend to transform the situation in the US as well, with desperate Democrats embracing the Tobin tax as a means of getting some populist credibility. The Republicans, by contrast, will be forced to line up in defense of their Wall Street backers, stripping away all their Tea Party camouflage.  Obama-Summers-Geithner will also be put into a bind. I have been campaigning for the Tobin tax for a number of years, and it is an idea whose time has come.

If a sales tax on financial transactions (Tobin tax, trading tax, securities transfer tax, Robin Hood tax) can bring the British Labour Party back from the dead, it can defeat Geithner, Summers, Bernanke, Wall Street, and the reactionary Republicans here in the US. It is time to make this a world-wide campaign to force the bankers to pay for the world economic depression they have created.

Webster Tarpley

Home Page

A tiny tax on bankers that would give billions to tackle poverty and climate change, here and abroad.

This tax on banks – not you or I – has the power to raise hundreds of billions every year. It could give a vital boost to the NHS, our schools, and the fight against child poverty in the UK – as well as tackling  poverty and climate change around the world.

Not complicated. Just brilliant.

Phi Beta Iota: We support the elimination of the Federal income tax as being unconstitutional in the Unted STATES of America.  Individuals should pay taxes to localities; businesses should pay taxes to all states where they do business; and federal operations should be based on the Tobin tax and strictly limited to the narrow administrative services of common concern that are consistently authorized and approved by Congress acting on behalf of the STATES.

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Journal: Hedge Funds Attack European Economies

03 Economy, Commerce, Commercial Intelligence, Ethics, Government, Non-Governmental
Webster Griffin Tarpley

Webster G. Tarpley

March 3, 2010

It has been evident for some time that the ongoing speculative attack on Greece, along with such other countries as Spain, Ireland, Portugal, and Italy, was not primarily a reflection of their economic fundamentals, nor yet a spontaneous movement of “the market,” but rather an orchestrated action of economic warfare.

Full Story Online , , ,    TV Clip (Russia TV)

Phi Beta Iota: There is no question but that Dr. Tarpley is correct at the moment, the hedge funds are waging economic war on Europe, are out of control, and need to be stomped down.  HOWEVER, what is not evident in his longer report is the fact that Europe welcomed help from Goldman Sachs and others in concealing its long-term debt, and it is for this reason that the hedge funds now have an “information advantage” that gives them a “sure bet” against the Euro generally and Greece specifically.  Until the United Nations (UN), the European Union (EU), the African Union (AU), the Union of South American Nations (UNASUR), and the Shanghai Cooperation Organisation (SCO)–to name just a few–get a grip on  the totality of the information relevant to their safety, security, and efficiency, predatory capitalism, virtual colonialism, and unilateral militarism will continue to rule.  Our new book, INTELLIGENCE for EARTH: Clarity, Diversity, Integrity, & Sustainability, provides a game plan for creating a prosperous world at peace by arming the UN, EU, AU, UNASUR, and SCO with the means to do multicultural, multifunctional information-sharing and sense-making.  Our favorite line from the book: a woman with a cell phone is vastly more powerful than a man with a gun.

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True Cost: Cost of food-borne illnesses is deemed much higher than earlier estimates

01 Agriculture, 07 Health, 12 Water, Commerce, Cultural Intelligence, Earth Intelligence, Ethics, Government
Full Story Online

Among the food scares in recent years was a deadly E. coli outbreak tied to spinach. In most cases, it's unknown how or why people get ill from what they eat. (Justin Sullivan / Getty Images / September 15, 2006)

Phi Beta Iota: The second sentence is ignorant.  It is well-known that between industrial farming with zero regard for either the spill-over of animal shit into fields growing fruits and vegatables, combined with an exotic array of antibiotics for the animals (living in ghetto conditions) and pesticides for the plants, most of which have NOT been tested and are NOT regulated because of multiple legal loopholes, most of what we eat is mostly comprised of oil and corn and neither safe nor nutritious.  Corporate irresponsibility survives because government complacency has been purchased.  This is a superb example of “true cost” economics that will hit the marketplace like a tsunami in the next five years.  When man-made illnesses are combined with over-kill on man-made antibiotics, we end up with untreatable bacterial and other diseases, all of this forecast in the strongest possible terms in the past 20 years.

See also:

INTELLIGENCE for EARTH: Clarity, Diversity, Integrity, & Sustainability

The below book selections are pulled from Chapter 20 on 21st Century Counterintelligence:  Evaluating the Health of the Nation.  The fragementation of knowledge, and the ignorance of the media, the government, and the academy are now profoundly pathological.

Continue reading “True Cost: Cost of food-borne illnesses is deemed much higher than earlier estimates”

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Journal: The End of Old Money

03 Economy, Civil Society, Collective Intelligence, Commerce, Commercial Intelligence, Cultural Intelligence, Ethics, Mobile
WIRED Home Page

We stopped subscribing to WIRED when advertising crossed the 60% mark, but this issue came to us and has a useful article on the end of old money, which is to say, the end of money where banks and credit cards take an undeserved cut from every transaction while taking huge risks with your money as collateral.

The Open Money movement is proceeding apace, with community-oriented credit cards like Interra, new forms of home rule stripping corporations of their illegitimate “personality” status, and moving money from Wall Street to the local bank.

Meanwhile, Twitter is changing the world again by becoming a trusted point to point money transfer agent.  here are five new ways to pay that cut out the banks and credit card organized legalized crime lords:

Twitpay. Type a friend's Twitter handle, a dollar amount, and twitpay to transfer funds to their PayPal account.

Zong. Instead of entering credit card information anew for every online purchase, users fill in their phone number and the charge shows up on their monthly bill.

Square. The latest from Twitter cofounder Jack Dorsey, this 3/4 inch cube turns any iPhone into a credit card reader.

GetGiving. This mobile app uses PayPal to enable charities to accept small donations without the usual exorbitant credit card transactions fees.

Hub Culture. Travelers can avoid the hassle and fees of swapping dollars for euros by transacting in vritual currency in this international network of workstations.

To our surprise, PayPal itself, central to most alternative schemes, was not highlighted other than being mentioned above.