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Entries by Gary Null (7232)

Friday
May072010

One Case Against BP, Wall Street, and War

The need for greater linkages between the environmental, peace and Wall Street reform movements grow by the day in the face of the epic oil spill caused by British Petroleum, a multinational firm tied to Goldman Sachs and Halliburton in oil wars from the Gulf of Mexico to the Persian Gulf.

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Friday
May072010

Can the Euro be Saved?

NEW YORK – The Greek financial crisis has put the very survival of the euro at stake. At the euro’s creation, many worried about its long-run viability. When everything went well, these worries were forgotten. But the question of how adjustments would be made if part of the eurozone were hit by a strong adverse shock lingered. Fixing the exchange rate and delegating monetary policy to the European Central Bank eliminated two primary means by which national governments stimulate their economies to avoid recession. What could replace them?

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Friday
May072010

Senior Greek Official: “We may have an uprising in the making”

What if three million protesters poured into the streets of American cities, and with a general strike shut down all transportation, closing government offices, and setting banks and office buildings ablaze? If one takes into account the size of Greece, a proportionate amount of the Greek population did just that on May 5. Over 100,000 protesters took took to the streets. But this was not your ordinary European mass rally. World markets, including Wall Street, felt the tremor from these demonstrations. The protests are against onerous economic cutbacks in the wake of a € 110 billion Euro ($145 billion) bailout for a near-bankrupt economy. But a large percentage of the Greek population doesn't see itself paying for a generation for the corruption of their own officials, and the economic shock therapy dictated by the International Monetary Fund (IMF) and German bankers.

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Friday
May072010

Americans 'Bombarded' with Cancer Causes: Government Panel

Americans are being "bombarded" with chemicals, gases and radiation that can cause cancer, and the federal government must do far more to protect them, presidential cancer advisers said on Thursday. "With nearly 80,000 chemicals on the market in the United States, many of which are used by millions of Americans in their daily lives and are un- or understudied and largely unregulated, exposure to potential environmental carcinogens is widespread."(adapted photo from Flickr user [niv Although as many as two-thirds of cancer cases are caused by lifestyle choices like smoking, poor diet and lack of exercise, the panel said many avoidable cancers were also caused by pollution, radon from the soil and medical imaging scans.

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Friday
May072010

The Gross Negligence of BP -- Oil Giant's Trying to Slick Its Way Out of Controversy

I've seen this movie before. In 1989, I was a fraud investigator hired to dig into the cause of the Exxon Valdez disaster. Despite Exxon's name on that boat, I found the party most to blame for the destruction was ... British Petroleum. That's important to know, because the way BP caused devastation in Alaska is exactly the way BP is now sliming the entire Gulf Coast.

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Thursday
May062010

Congressman Waxman Slips Obscure Anti-Supplement Measure into Wall St. “Reform” Bill Passed by the House; Please Take Action to Prevent Same Thing Happening in the Senate!

[1]The American public is becoming fed up with “sneak” provisions tacked onto largely unrelated bills that are likely to pass. A glaring recent example was tacking onto the Healthcare bill a complete change to student loans. Often the “sneak” provision is so buried that hardly anyone is aware of it.

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Thursday
May062010

Sex, Lies and Oil Spills

A common spin in the right wing coverage of BP's oil spill is a gleeful suggestion that the gulf blowout is Obama's Katrina. In truth, culpability for the disaster can more accurately be laid at the Bush Administration's doorstep. For eight years, George Bush's presidency infected the oil industry's oversight agency, the Minerals Management Service, with a septic culture of corruption from which it has yet to recover. Oil patch alumnae in the White House encouraged agency personnel to engineer weakened safeguards that directly contributed to the gulf catastrophe.

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Wednesday
May052010

How The Hell Did GM Pay Back Its Loans "in Full And Ahead of Schedule"? Well, It Didn't.

Wednesday
May052010

Obama to Nominate Jesus Christ to Supreme Court

President Barack Obama is expected to nominate Jesus Christ, an immigrant originally born to a virgin mother in Bethlehem, to fill the new vacancy on the Supreme Court. Although Mr. Christ is over 2,000 years old, He is immortal, so Democrats and Republicans expect that He will serve on the high court forever or until He decides to start the End Times. Republicans are expected to fight the nomination on the grounds that Mr. Christ would radically move the Court to the left. The GOP is also concerned that, despite decades of controversy and speculation, Mr. Christ has never revealed his position on abortion. Mr. Christ, according to many authorities, is expected to oppose the death penalty in all forms. Michael Steele, the head of the GOP national committee, issued a statement: "Christ is a complete mystery to us. He won't reveal His physical appearance and many of His positions are unknown or the subject of speculation. He is a stealth candidate. Why won't He reveal himself? Who does He think He is?"

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Wednesday
May052010

A Presidency in Peril: Warnings from Robert Kuttner 

Like most progressives, Robert Kuttner had great hopes following President Obama's election in 2008. However, Kuttner also has been around long enough to realize the risk that President Obama might not live up to his potential in bringing about progressive change. His new book, A Presidency in Peril [1], documents how the Obama administration has been falling short.

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