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Forging his way through the predictable UK media censorship: Dr Andrew Wakefield Responds to Measles Outbreak in Swansea
May 10, 2010 President Barack Obama has chosen Elena Kagan to fill the vacancy left by Justice John Paul Stevens' retirement. Sadly, Kagan cannot fill Justice Stevens' mighty shoes.
May 10, 2010 The wave is gathering force and is most likely to hit the global economy between the first and second quarter of 2010. Count on it… The US economy will be spiraling out of control in the coming months and will reach a critical point by the end of the 1st quarter 2010 and implode by the 2nd quarter.
May 7, 2010 According to a little noticed January report from the Centers for Disease Control (CDC), drug overdoses killed more than 33,000 people in 2005, the last year for which firm data are available. That makes drug overdose the second leading cause of accidental death, behind only motor vehicle accidents (43,667) and ahead of firearms deaths (30,694).
May 7, 2010 In its response to a freedom-of-information suit last week, the state admitted that there is specific list of goods permissible for import to Strip.
May 7, 2010 The Greek “rescue” package announced last weekend is dramatic, unprecedented, and far from enough to stabilize the eurozone. The Greek government and the European Union (EU) leadership, prodded by the International Monetary Fund (IMF), are finally becoming realistic about the dire economic situation in Greece. They have abandoned previous rounds of optimistic forecasts and have now admitted to a profoundly worse situation. This new program calls for a total of 11% of GDP in terms of “fiscal adjustments” (i.e., reduction in the budget deficit; now meaning government spending cuts mostly) in 2010, 4.3% in 2011, and 2% in 2012 and 2013. The total debt to GDP ratio peaks at 149% in 2012-13 before starting a gentle glide path back down to sanity. This new program is honest enough to show why it is unlikely to succeed. Daniel Gros, an eminent economist on euro zone issues based in Brussels, has argued that for each 1% of GDP decline in Greek government spending, total demand in the country falls by 2.5% of GDP. If the government reduces spending by 15% of GDP – the initial shock to demand could be well over 30% of GDP. Obviously this simple rule does not work with such large numbers, but it illustrates that Greece is likely to experience a very sharp recession – and there is substantial uncertainty around how bad the economy will get. The program announced last weekend assumes Greek GDP falls by 4% this year, then by another 2.6% in 2011, before recovering to positive growth in 2012 and beyond.
May 7, 2010 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.
May 7, 2010 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?
May 7, 2010 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.
May 7, 2010 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.
May 7, 2010 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.
