The US Federal Reserve announces an $85bn rescue package for AIG, the country's biggest insurance company.
Wednesday, September 17, 2008
Bush administration had a hand in causing US Credit crunch
The US Federal Reserve announces an $85bn rescue package for AIG, the country's biggest insurance company.
Thursday, September 11, 2008
Cleared: Jury decides that threat of global warming justifies breaking the law
Thursday, 11 September 2008
The threat of global warming is so great that campaigners were justified in causing more than £35,000 worth of damage to a coal-fired power station, a jury decided yesterday. In a verdict that will have shocked ministers and energy companies the jury at Maidstone Crown Court cleared six Greenpeace activists of criminal damage.
Jurors accepted defence arguments that the six had a "lawful excuse" to damage property at Kingsnorth power station in Kent to prevent even greater damage caused by climate change. The defence of "lawful excuse" under the Criminal Damage Act 1971 allows damage to be caused to property to prevent even greater damage – such as breaking down the door of a burning house to tackle a fire.
The not-guilty verdict, delivered after two days and greeted with cheers in the courtroom, raises the stakes for the most pressing issue on Britain's green agenda and could encourage further direct action.
Friday, August 22, 2008
Cancer is a Fungus
Cancer, according to those who research and treat it, is a "mystery."
It's a very *lucrative* mystery for those who keep it mysterious.
One thing that is not mysterious about cancer is as soon as their is a diagnosis, the cash register starts to ring.
Billions upon billions dollars...tens of thousands of people employed...
Cancer, Inc. an industry is as big as making cars or distributing gasoline and the consensus says it's doing the best it can with the knowledge it has.
But what if the cause and cure of cancer were not a mystery?
How ready would this industry - led by the always-ethical pharmaceutical companies - be to consider, let alone research, an alternative view?
Here's an alternative view on cancer:
Wednesday, August 20, 2008
criminalized for the benefit of a chemical company, a newspaper mogul and a banker.
There is a staggeringly high and ever increasing numbers of Americans declaring personal bankruptcy because they are having to pay their High Medical Bills, even though many had paid in to a full Medical Insurance schemes for decades. The following come as no surprise then that we learn the American Corporations still insist on putting profits before the health and well being of its very own citizens.
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Demon Marijuana
The original impetus for outlawing the hemp plant came from the DuPont and Mellon families with an important assist from William Randolf Hearst.
Hearst owned timber rights for millions of acres of forest land, the raw material for newsprint. DuPont had patents for numerous synthetic products that hemp is competitive with.
Harry Anslinger, the virulent racist who headed the Bureau of Narcotics and spear-headed the campaign against "demon marijuana" was married to the niece of Richard Mellon of the Mellon banking family.
For those who believe that the world is run by and for the benefit of a few interlocking families, this episode provides evidence for that position.
Enforcing marijuana laws and jailing offenders is a multi-billion dollar a year business that employs tens of thousands of people.
Saturday, August 16, 2008
U.S. banking giant switches billions in debt to Britain to avoid paying corporation tax for 50 years
Last updated at 2:41 AM on 16th August 2008
Investment bank Merrill Lynch may not have to pay UK tax for decades.
The Wall Street giant, which employs 5,500 in the City of London, could be eligible for a tax holiday of more than 50 years after making billions of pounds of losses on 'exotic investments.'
The possibility of such a business escaping tax will astonish households struggling with their personal finances.