Monday, December 20th, 2010
MATT TAIBBI, - Rolling Stone
Stephan:
In the summer of 2009 I got a call from an acquaintance who worked in the Middle East. He was a young American who worked for something called a sovereign wealth fund, a giant state-owned pile of money that swims around the world in search of things to buy.
Sovereign wealth funds, or SWFs, are huge in the Middle East. Most of the bigger oil-producing states have massive SWFs that act as cash repositories (with holdings often kept in dollars) for the revenues generated by, for instance, state-owned oil companies. Unlike the central banks of most Western countries, whose main function is to accumulate reserves in an attempt to stabilize the domestic currency, most SWFs have a mission to invest aggressively and generate huge long-term returns. Imagine the biggest and most aggressive hedge fund on Wall Street, then imagine that that same fund is fifty or sixty times bigger and outside the reach of the SEC or any other major regulatory authority, and you’ve got a pretty good idea of what an SWF is.
My buddy was a young guy who’d come up working on the derivatives desk of one of the more dastardly American investment banks. After a few years of […]
No Comments
Sunday, December 19th, 2010
JESSIE CACCIOLA, - Slash/Food
Stephan: Is it any wonder that Americans are less and less well each year. If you eat a lot of meat, this is what you are eating.
Thanks to Kevin Kelley.
Until now, we’ve only guessed the amount of antibiotics used were high to keep our pig, cattle and poultry stocks healthy. In fact, the Animal Health Institute predicted 11.1 million kilograms were used nationwide in 2005. But the Food and Drug Administration’s records don’t go back that far.
For the first time, the FDA has released an estimate. In 2009 alone, ‘13.1 million kilograms of antimicrobial drugs were sold or distributed for use in food-producing animals’ in the U.S., cites Livable Future from the report (.pdf) made available to the public last Thursday. There’s also a chart listing approved antibiotics in each drug class.
That 13.1 million kilograms is just short of 29 million pounds. ‘That’s a lot,’ writes Maryn McKenna on her Wired magazine blog. (McKenna is a journalist specializing in infectious diseases, and the author of Superbug, notes Food Safety News.)
We think of antibiotics as a good thing, something to rid ourselves of disease, but overuse can lower resistance, and that’s exactly what we’re seeing in meat production. This in turn calls for stronger antibiotics, which don’t just stay with the animal. It carries through to the land and those working on it, not to mention its unidentified consequences to […]
No Comments
Sunday, December 19th, 2010
DAVID E. COOMBS, ESQ., Attorney for Bradley Manning - The Law Offices of David E. Coombs
Stephan: This is an update from his attorney as to the conditions under which PFC Manning is being held. Given that he has never been convicted of anything, and no trial seems imminent, it is hard to see this as anything but punishment. Increasingly America resembles the Soviet Union.
PFC Manning is currently being held in maximum custody. Since arriving at the Quantico Confinement Facility in July of 2010, he has been held under Prevention of Injury (POI) watch.
His cell is approximately six feet wide and twelve feet in length.
The cell has a bed, a drinking fountain, and a toilet.
The guards at the confinement facility are professional. At no time have they tried to bully, harass, or embarrass PFC Manning. Given the nature of their job, however, they do not engage in conversation with PFC Manning.
At 5:00 a.m. he is woken up (on weekends, he is allowed to sleep until 7:00 a.m.). Under the rules for the confinement facility, he is not allowed to sleep at anytime between 5:00 a.m. and 8:00 p.m. If he attempts to sleep during those hours, he will be made to sit up or stand by the guards.
He is allowed to watch television during the day. The television stations are limited to the basic local stations. His access to the television ranges from 1 to 3 hours on weekdays to 3 to 6 hours on weekends.
He cannot see other inmates from his cell. He can occasionally hear other inmates talk. Due to being a […]
No Comments
Sunday, December 19th, 2010
Thursday, December 16, 2010, - Death + Taxes
Stephan: Corporate media is becoming increasingly selective in what it will and won't cover. Stories about the new American slavery -- the world's largest gulag -- apparently don't make the cut.
Thanks to Zach Baker.
Today marks the end of a seven-day strike where tens of thousands of inmates in Georgia refused to work or leave their cells until their demands had been met. The odd thing is, that until today, no one had ever heard about this strike.
Inmates in ten Georgia prisons, Baldwin, Hancock, Hays, Macon, Smith and Telfair State Prisons, to name a few, went on strike last Thursday to protest their treatment and demand their human rights.
According to an article by Facing South, Department of Corrections have been nervous about deteriorating conditions in Georgia’s prisons since early 2010. Wardens started triple bunking prisoners in response to budget cuts-squeezing three prisoners into cells intended for one. Prison officials have kept a watchful eye out for prisoners meaning to riot, for prisoners’ rights lawyers to litigate, or both.
Poor conditions and substandard medical care are also on the inmates’ list of demands. However, the jailed’s main gripe seems to center on landing recognition as workers entitled to fair pay.
As it goes, prisoners in Georgia are forced to work without pay for their labor-seemingly a violation of the 13th Amendment, which prohibits slavery and involuntary servitude.
For months the prisoners had apparently used cell phones to get […]
No Comments
Sunday, December 19th, 2010
Stephan: Pollinators -- principally honey bees -- are essential to agricultural. You and your family depend on these small beings to survive. Apparently corporate profits are more important than your survival. You think I'm kidding?
Thanks to Terrence A. Glassman.
Follow the honey: Smoking bees makes them less mad when you move them, but leaked EPA documents might have the opposite effect.Photo: Kris FrickeIt’s not just the State and Defense departments that are reeling this month from leaked documents. The Environmental Protection Agency now has some explaining to do, too. In place of dodgy dealings with foreign leaders, this case involves the German agrichemical giant Bayer; a pesticide with an unpronounceable name, clothianidin; and an insect species crucial to food production (as well as a food producer itself), the honeybee. And in lieu of a memo leaked to a globetrotting Australian, this one features a document delivered to a long-time Colorado beekeeper.
All of that, plus my favorite crop to fixate on: industrial corn, which blankets 88 million acres of farmland nationwide and produces a bounty of protein-rich pollen on which honeybees love to feast.
It’s The Agency Who Kicked the Beehive, as written by Jonathan Franzen!
Hive talking
An internal EPA memo released Wednesday confirms that the very agency charged with protecting the environment is ignoring the warnings of its own scientists about clothianidin, a pesticide from which Bayer racked up €183 million (about $262 million) in sales in 2009.
Clothianidin has […]
No Comments