Archive for June, 2011

Radiation in Our Food

By: admin
Published: June 30th, 2011

From Here
By 

Though the horrendous tsunami that hit Japan on March 12, 2011 seems like old news in the midst of today’s headlines, the crippled nuclear power plants at Fukishima Daichi continue to spew radiation into water, air and soil, with no end in sight.

Even as thousands of Japanese workers struggle to contain the ongoing nuclear disaster, low levels of radiation from those power plants have been detected in foods in the United States. Milk, fruits and vegetables show trace amounts of radioactive isotopes from the Fukushima Daichi power plants, and the media appears to be paying scant attention, if any attention at all. It is as if the problem only involves Japan, not the vast Pacific Ocean, into which highly radioactive water has poured by the dozens of tons, and not into air currents and rainwater that carry radiation to U.S. soil and to the rest of the world. And while both Switzerland and Germany have come out against any further nuclear development, the U.S. the nuclear power industry continues as usual, with aging and crumbling power plants receiving extended operating licenses from the Nuclear Regulatory Commission, as though it can’t happen here. But it is happening here, on your dinner plate.

Taking a page from the BP pubic relations handbook, TEPCO (Tokyo Electric Power Company) and the Japanese government have downplayed the extent of the nuclear disaster at Fukushima Daichi, in which three of six nuclear reactors are in ongoing meltdown. According to Japanese nuclear engineer Naoto Sekimura, nuclear fuel rod meltdown at the damaged plants began only hours after the tsunami, and the situation has not been contained. There is still an ongoing threat of a total “China Syndrome” meltdown, and Japanese officials now say that the three damaged plants may possibly continue to emit uncontrolled radiation for another year.

According to Greenpeace, the ocean around large areas of Japan has been contaminated by toxic radioactive agents including cesium, iodine, plutonium and strontium. These radioactive agents are accumulating in sea life. Fish, shellfish and sea vegetables are absorbing this radiation, while airborne radioactive particles have contaminated land-based crops in Japan, including spinach and tea grown 200 miles south of the damaged nuclear plants. Meanwhile, on U.S. soil, radiation began to show up in samples of milk tested in California, just one month after the plants were damaged.

Radiation tests conducted since the nuclear disaster in Japan have detected radioactive iodine and cesium in milk and vegetables produced in California. According to tests conducted by scientists at the UC Berkeley Department of Nuclear Engineering, milk from grass fed cows in Sonoma County was contaminated with cesium 137 and cesium 134. Milk sold in Arizona, Arkansas, Hawaii, Vermont and Washington has also tested positive for radiation since the accident.

Additionally, drinking water tested in some U.S. municipalities also shows radioactive contamination. Is the fallout from Fukushima Daichi falling on us? Yes, it is.

Thanks to the jet stream air currents that flow across the Pacific Ocean, the U.S. is receiving a steady flow of radiation from Fukushima Daichi. And while many scientists say that the levels of contamination in food pose no significant threat to health, scientists are unable to establish any actual safe limit for radiation in food. Detection of radioactive iodine 131, which degrades rapidly, in California milk samples shows that the fallout from Japan is reaching the U.S. quickly.

Though California is somewhat on the ball regarding testing for radiation in foods, other states appear to be asleep at the switch with this issue. Yet broad-leaf vegetables including spinach and kale are accumulating radiation from rain and dust. Some spinach, arugula and wild-harvested mushrooms have tested positive for cesium 134 and 137 according to UCB, as have strawberries.

According to the U.S.-based group of medical doctors Physicians for Social Responsibility (PSR), no amount of man-made radiation in water and food is safe. “There is no safe level of radionuclide exposure, whether from food, water or other sources, period,” said Jeff Patterson, DO, immediate past president of PSR, in late March. “Exposure to radionuclides, such as iodine 131 and cesium 137, increases the incidence of cancer. For this reason, every effort must be taken to minimize the radionuclide content in food and water.”

Doctor Alan Lockwood MD echoes this. “Consuming food containing radionuclides is particularly dangerous. If an individual ingests or inhales a radioactive particle, it continues to irradiate the body as long as it remains radioactive and stays in the body.”

“Children are much more susceptible to the effects of radiation and stand a much greater chance of developing cancer than adults,” states Andrew Kanter, MD, president of PSR’s board. “So it is particularly dangerous when they consume radioactive food or water.”

Should you panic about this? No. That will do no good. But you can call, write and email your congressperson, your senator, and any other elected officials in your district, ask them to push for testing of foods and water in your area, and tell them to take the threat of global nuclear fallout seriously. For while none of the 104 nuclear power plants in the U.S. are melting down at present, we have had our own nuclear accidents. Remember Three Mile Island? Radiation has made its way to the American dinner table. This is a time to speak out, and to put pressure on policy makers. Clearly, it’s far better to be politically active now than radioactive tomorrow.

Special thanks to Steve Hoffman of Compass Marketing in Boulder Colorado, who extensively researched this issue and provided the source materials for this story.

Chris Kilham is a medicine hunter who researches natural remedies all over the world, from the Amazon to Siberia. He teaches ethnobotany at the University of Massachusetts Amherst, where he is Explorer In Residence. Chris advises herbal, cosmetic and pharmaceutical companies and is a regular guest on radio and TV programs worldwide. His field research is largely sponsored by Naturex of Avignon, France. Read more at www.MedicineHunter.com

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Daily Readings 06-29-2011

By: admin
Published: June 29th, 2011

Obama Pushing U.S. To Economic Disaster: Google FounderThe eccentric and frugal billionaire college professor who helped Sergey Brin and Larry Brin develop Google has warned that US President Barack Obama is pushing the U.S. towards a path of economic disaster

The Deficit Is Worse Than We Think - Normal interest rates would raise debt-service costs by $4.9 trillion over 10 years, dwarfing the savings from any currently contemplated budget deal.

Why the GOP shouldn’t go wobbly on taxesHere’s why the GOP should stick to its guns until Aug. 2 – and beyond if necessary:…

Pimco sees rising inflation for 3 – 5 years

- Inflation set to increase in next 3-5 years, says Pimco

- Rising commodity prices are not “transitory”

- By focusing on core inflation, Fed could risk making policy error

The Next Mortgage BombshellThe private insurers that cover $700 billion of U.S. mortgages are facing an onslaught of foreclosures. The big three—MGIC, Radian, PMI—are at risk

The real causes of the economic crisis? They’re historyThey say that winners get to write history. Three years after the meltdown of our financial markets, it’s clear who is winning and who is losing.

Peter Foster: The demons in KrugmanomicsPaul Krugman’s affection for ­markets fell as he became obsessed with inequality, market instability and catastrophic climate change

Shilling: China Heading for a Hard Landing, Pt. 3China is hoping to cool its white- hot economy without precipitating a recession. Doing so will be extremely difficult: Inflation fears are growing, the government’s ability to respond is quite limited, and China’s economic model, which leaves bureaucrats guessing about the market effects of their directives, is ultimately untenable.

Greek Threat Is Peanuts Compared With US Debt – Black Swan Author - Greece’s economic ills are a trivial menace to the global economy compared with the much graver threat posed by a heavily-indebted and seemingly immobile U.S. government, Black Swan author Nassim Taleb said Monday.

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More on this topic (What's this?) Read more on Google at Wikinvest

Daily Readings 06-28-2011

By: admin
Published: June 28th, 2011

3 Separate U.S. Nuclear Facilities in Danger. Los Alamos Under Mandatory Evacuation

Visit msnbc.com for breaking news, world news, and news about the economy

Radioactive water leaks from Japan’s damaged plantTonnes of radioactive water were discovered on Tuesday to have leaked into the ground from Japan’s Fukushima nuclear plant, the latest in a series of leaks at the plant damaged in a March earthquake and tsunami, the country’s nuclear watchdog said.

Greek communists storm the Acropolis in bailout protestIn a dramatic start to a week dominated by one of the most crucial parliamentary votes in modern Greek history, communist militants stormed the Acropolis on Monday morning unfurling huge “power to the workers” banners from the monument’s ramparts.

MARK ‘SET FOR COMEBACK’ AS GERMAN EURO CRISIS DEEPENSALMOST three-quarters of Germans doubt that the euro has a future, a poll reveals. They also believe rescue attempts are futile as billions more euros will be paid to bail out Greece.

David Stockman: Ben Bernanke is finished!

The Local Government Pension SqueezeAnnual retiree costs in Providence, R.I., now amount to an astounding 50% of city tax collections

The Deficit Is Worse Than We Think - Normal interest rates would raise debt-service costs by $4.9 trillion over 10 years, dwarfing the savings from any currently contemplated budget deal.

Shilling: China Heading for a Hard Landing, Pt. 2 - China has become an economic giant because it has so many people who are producing moderate amounts. In most ways, however, China remains an underdeveloped country with political and economic policy tools that are crude by Western standards. Those tools can spur impressive growth –but they also mask some deep structural weaknesses in China’s economy.

The Changing Shape of UnemploymentFrom the 1940s through the 1970s, they exhibited a V-shape of sharp declines and rapid recoveries, as seen in the chart above. By the 1990s they took on a U-shape, signifying longer, persistent unemployment.

Cutting government red tape produces new jobs - A study by the Phoenix Center that was published in April received too little attention in the nation’s mainstream media, including The Washington Examiner. With the most recent data showing the economy is clearly stagnating, and with the federal budget talks on Capitol Hill similarly stumbling along, it’s time that the Phoenix study of the effect of federal regulation on private-sector job creation gets the notice it deserves.

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Scientists Say California Mega-Quake Imminent

By: admin
Published: June 27th, 2011

From Weather channel

by Becky Kellogg

Like a steaming kettle with the top on, pressure is building beneath the surface of California that could unleash a monster earthquake at any time. That’s according to a new study from the Scripps Institute of Oceanography.

Geologists say Southern California is long overdue for a huge earthquake that could unleash widespread damage.

It all comes down to the Salton Sea, which lies to the east of San Diego. The Salton Sea lies directly on the San Andreas Fault and covers more than 350 square miles.

A big earthquake has hit the lake bed about every 180 years. But when officials started damming the Colorado River to reduce floods downstream (including in the Salton Sea), the moderate earthquakes stopped for the Salton.

Sounds like a good thing, right? Not necessarily. Seismologists think the damming stopped moderate stress-relieving earthquakes on the Salton. Now, they fear the pressure is building and the area could be as many as 100 years overdue for a mega-quake quake, measuring 7.5 or larger.

This sobering news comes just as a new poll is released that details Californians fears about earthquakes and other natural disasters.

Natural Disaster Californians Fear Most

Earthquake 57%
Wildfire 23%
Tsunami/Tidal Wave 9%
Flood/Mudslide 5%
Other/No Opinion 6%

The findings were published in the scientific journal “Nature Geoscience.”

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Daily Readings 06-27-2011

By: admin
Published: June 27th, 2011

Fukushima residents’ urine now radioactive - More than 3 millisieverts of radiation has been measured in the urine of 15 Fukushima residents of the village of Iitate and the town of Kawamata, confirming internal radiation exposure, it was learned Sunday.

$120 trillion: The shocking true size of our nation’s debt - The Congressional Budget Office released a new report this week showing that the federal government’s publicly held debt would top 101% of GDP by 2021, more than the value of everything produced in this country over the course of a year. Think of it like owing more on your credit cards than your entire family income. By 2035, the publicly held debt, CBO says, could top an almost unfathomable 190% of GDP.

Economic Slavery: Modern-Day Indentured ServitudeMany in Congress have attempted to make earning an income distasteful, so those pitiable enough to earn an income are subjected to public scorn.  Politicians and many in the media are collectively pushing policies to “punish those people” by taxing them into economic slavery and involuntary servitude…

NUGENT: Millennials sleep as their future crumbles - Today’s youth snooze while government steals their fortune and lives

Speechworld vs. Realworld - The Democrats seem to have given up on budgets. Hey, who can blame them? They’ve got a ballpark figure: Let’s raise $2 trillion in revenue every year, and then spend $4 trillion. That seems to work pretty well, so why get hung up on a lot of fine print?

Working in retirement is not an oxymoron for these seniorsEmployees 75 years and older are becoming more common in the workplace

Job Jugglers, on the Tightrope - Mr. Fierro, who is 26, has four jobs: working as a bilingual-curriculum specialist for the textbook publisher Pearson; handling estate sales and online marketing for a store that sells vintage items; setting up an online store for a custom piñata maker; and developing reality-show ideas for a production company. So far this month, he’s made about $1,800.

Can Global Economic Policy Be Freed From Its Paralysis? - By the BIS report, you’d hardly know that there are almost 45 million unemployed in the advanced countries, up 50 percent from 2007. But can governments do anything about it? The BIS has no answer. Economic policy seems paralyzed. There’s an almost palpable sense of helplessness, whether reading the BIS report or listening to Federal Reserve Chairman Ben Bernanke at his recent news conference. Economics seems to have emptied its toolbox. Patience and prayer are what’s left: Last week’s release of oil stocks, for example, was a desperate prayer for lower gasoline prices.

Why China’s Heading for a Hard Landing, Part 1Few countries are more important to the global economy than China. But its reputation as an unstoppable giant — as a country with an unending supply of cheap labor and limitless capacity for growth — masks some serious and worsening economic problems.

China cities owe $1.65 trln, some ‘may default’ - Excessive borrowing by authorities to fund infrastructure and other projects has sparked concerns among China’s leadership about the risks the loans pose to the financial stability of the world’s second largest economy.

The Unseen Effects of the StimulusDid the American Recovery and Reinvestment Act destroy jobs or create them?

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Cartoons 06-26-2011

By: admin
Published: June 26th, 2011
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Links 06-25-2011

By: admin
Published: June 25th, 2011

CBO report shows debt would be unsustainable even with Clinton-era tax revenueConn Carroll posted a chart from the Congressional Budget Office that clearly shows spending, not insufficient tax revenue, is the driver of our long-term debt problems. But using CBO data, we can go a bit further. It turns out that even if we brought tax revenues back to the historically high levels that existed at the end of the Clinton era, we’d still wind up with unsustainable deficits using the White House’s own definition of “sustainable.”

Geithner: Taxes on ‘Small Business’ Must Rise So Government Doesn’t ‘Shrink’Treasury Secretary Timothy Geithner told the House Small Business Committee on Wednesday that the Obama administration believes taxes on small business must increase so the administration does not have to “shrink the overall size of government programs.”

You see, Tim Geithner, and the whole Obama administration, thinks that all money earned in the United States belongs to the government, and it is the government’s job to decides how much of it the small business owners and you get to keep and how the money will be redistributed to the unproductive businesses  or members of the society.

How the Democrats Nearly Destroyed the EconomyThe greatest responsibility for the collapse of the housing market and the near “Armageddon” of the American economy belongs to Fannie Mae and Freddie Mac and to the politicians who created and protected them. With a couple of prominent exceptions, the politicians were Democrats claiming to do good for the poor. Along the way, they enriched themselves and their friends, stuffed their campaign coffers, and resisted all attempts to enforce market discipline. When the inevitable collapse arrived, the entire economy suffered, but no one more than the poor.

How Big Gov’t Strangles The Job CreatorsFrom Social Security and Medicare to housing assistance and farm subsidies to, yes, even education, federal programs need to shrink or be eliminated. There’s not a single item in the budget, including defense, that can’t use some judicious trimming.

The U.S. is too big to fail, right?No one knows who will be hurt if Greece defaults

Suit goes after Fannie and FreddieOakland County is hoping to recover more than $1.5 million in real estate transfer taxes that mortgage giants Fannie Mae and Freddie Mac haven’t paid over the years

Deutsche’s firing of top trader sparks probeIn the fall of 2009, Deutsche Bank quietly fired one of its top derivative traders in London after a colleague in New York complained about finding “substantial trading anomalies” in a multibillion dollar portfolio of high-risk credit default swaps managed by the German-based bank

Ten Brands That Will Disappear In 2012 - Brands that have stood the test of time for decades are falling by the wayside at an alarming rate

Where the rich are keeping their money - Who are the rich? How are they doing and what, exactly, are they doing with their money?

Fall Of The Economic High PriestsFederal Reserve Chairman Ben Bernanke admits he doesn’t “have a precise read on why this slower pace of growth is persisting.” He is only our latest economic emperor revealed as having no clothes.

The Half-Life of the Welfare StateThe welfare state is taken for granted as the “normal” state of affairs, as if it has always existed. At least, it is assumed that the welfare state has been around for so many decades that the current crisis is just a temporary aberration, a rough patch that we can get through with only minor reforms. But the actual economic history does not bear this out. The welfare state “as we know it”–that is, at its current size–is a product of recent decades. In all of its branches, it has vastly increased just in the past 30 to 40 years. So the current crisis is not some temporary aberration. It is cause and effect. It is a direct consequence of the modern welfare state

Welcome to the world of jobless stagflation - We’re living with slowing growth, high unemployment, and accelerating inflation. Oh, and a Federal Reserve that consistently makes inaccurate projections.

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