2,195 daily postings to this news blog as of
Latest Satellite Sea Surface Temperature for North Atlantic - Loop Current - Gulf Stream ~ link
True Believer Album by Jeff DeVillez (
War on Iran & Syria: What They Are NOT Telling Us ~ link
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The original developers, William Lyman and Steven Kaali at the Albert Einstein College of Medicine designed an electrical device to run on 50 – 100 microamperes, equivalent to the current of a pacemaker in 1991.
I really don't view monetary easing as particularly harmful as it only postpones the inevitable for a little while longer, like moving up the angle of the Titanic as it was sinking from the bow with the stern higher up in the air. You stay dry for a few minutes longer but in the end, you still drown. Today politicians and central bankers are sort of like some crews on recent sinking cruise ships. They are using their time to steal the passenger lifeboats and safely get away while leaving the passengers to swim to shore or drown.
Greek editor stands trial over Swiss accounts list ~ link ~ Costas Vaxevanis, editor of the "Hot Doc" weekly magazine, was arrested at the weekend for publishing the "Lagarde List" which French authorities gave to Athens in 2010 so that the account holders could be investigated for possible tax evasion.
The list - and the accompanying saga of how it was passed from one senior official to the next and misplaced at one point without anyone apparently taking action - has riveted Greeks who are angry with a political class which many believe is unwilling to crack down on the wealthy elite.
Greek journalist arrested over exposing politicians alleged tax evasion ~ link ~ The speaker of the Greek Parliament, several Finance Ministry employees and a number of business leaders all reportedly had Swiss HSBC bank accounts.
Follow the Money ~ link ~ In October of 2011, New Scientist reported that a scientific study on the global financial system was undertaken by three complex systems theorists at the Swiss Federal Institute of Technology in Zurich, Switzerland. The conclusion of the study revealed what many theorists and observers have noted for years, decades, and indeed, even centuries: “An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.” As one of the researchers stated, “Reality is so complex, we must move away from dogma, whether it’s conspiracy theories or free-market… Our analysis is reality-based.” Using a database which listed 37 million companies and investors worldwide, the researchers studied all 43,060 trans-national corporations (TNCs), including the share ownerships linking them.
During the Clinton administration, Republican economists pushed through a change in the way the CPI is measured in order to save money by depriving Social Security retirees of their cost-of-living adjustment. Previously, the CPI measured the change in the cost of a constant standard of living. The new measure assumes that consumers adjust to price increases by lowering their standard of living by substituting lower quality, lower priced items. If the price, for example, of New York strip steak goes up, consumers are assumed to substitute the lower quality round steak. In other words, the new measure of inflation keeps inflation down by reflecting a lowered standard of living.