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July 7, 2010

The Gary Null Show – 07/07/10

Download Health Updates: Mediterranean diet, EVOO & heart, arthritis; gene response to positive change; intention & eating; onion, garlic, boost mineral absorption;  Commentary: “Gulf Coast now a BP police state as law enforcement conspires with BP to intimidate journalists”  (Mike Adams 7Jul10 www.naturalnews.com)  Johann Hari: Award winning journalist writing for …

Joe Bageant: Waltzing at the Doomsday Ball: Capitalism is dead, but we still dance with the corpse

Capitalism wouldn’t be around today, at least not in its current pathogenic form, if it had not caught a couple of lucky breaks. The first of course, was the expansion of bloodsucking colonialism to give it transfusions of unearned wealth, enabling “investors” to profit by artificial means (death, oppression and slavery). But the biggest break was being driven to stratospheric heights by inordinate quantities of available hydrocarbon energy. Inordinate, but never the less finite.

Mike Whitney: More Red Flags for the Economy

Bonds are signaling that the recovery is in trouble. The yield on the 10-year Treasury (2.97 percent) has fallen to levels not seen since the peak of the crisis while the yield on the two-year note has dropped to historic lows. This is a sign of extreme pessimism. Investors are scared and moving into liquid assets. Their confidence has begun to wane.