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Health Care & Environment

07.21 Greta Thunberg: ‘They see us as a threat because we’re having an impact’ [We love a sane smarty-pants! Trump, you won't understand any of this, so just go off and tweet or chant, or whatever...]

07.20 Until Emissions Drop, Nothing Has Been Accomplished: The Climate Resistance Handbook Is Here. [Trump can't be bothered as the world turns into a large cinder. His laser focus is on personal greed.]

07.20 Cargo ships are emitting boatloads of carbon, and nobody wants to take the blame [1:19 video; Governments must commission to fight deadly shipping emissions, previously omitted in climate summit agreements....]

07.20 Babies Born Near Oil and Gas Wells Are Up to 70% More Likely to Have Congenital Heart Defects, New Study Shows

07.20 Giving 'Upper Hand to Corporate Polluters,' EPA Drops Surprise Inspections

07.20 With Petition to Congress, 100,000+ People Demand Green New Deal 'That Fixes Our Food System' [Realtime proactive response to reality—now and threatening—doesn't get attention in this greed focused administration]

07.19 Trump administration won't ban pesticide tied to childhood brain damage [There is no truth to the persistent rumor that chlorpyrifos pesticide was heavily used at Trump's childhood home in Queens]

07.19 'Unprecedented' Decline of Plants and Animals as Global 'Red List' Reveals Nearly One-Third of Assessed Species Under Threat

07.17 ‘Off-the-charts’ heat to affect millions in U.S. in coming decades

07.17 Planned Parenthood president Leana Wen forced out by board [Given that states have lost abortion rights on political grounds recently, Wen's philosophical approach to protect abortion rights based on ‘health care’ was smarter – therefore it was that smarter strategy that was killed at the secret meeting.]

07.17 Billions of air pollution particles found in hearts of city dwellers

07.17 What is happening in America's Cancertown is tragic, immoral and evil [Niggardly white government policies could change to produce better students, better jobs and net revenue instead of costs. But it seems they enjoy more cruelty—like Trump.]

07.16 US aid cuts to UN agency will hurt vulnerable women and children, critics say

07.16 Trump abortion restrictions in effect for taxpayer-funded clinics

07.15 The response to DRC’s Ebola crisis isn’t working. Here’s what we need to do

07.15 Extinction Rebellion protests block traffic in five UK cities [Non-corporate human animals make their annoying bleating sounds...]

07.14 A Glacier the Size of Florida Is Becoming Unstable. It Has Dire Implications for Global Sea Levels [The willfully ignorant needn't read more, Trump]

News Media Matters

07.19 Fox News’s star names excuse the inexcusable after Trump's latest racist attack

07.18 In Sinclair's New 'Must-Run' Segment, Former Trump Adviser Tries to Defend Racist Attacks on 'the Squad'

Daily: FAIR Blog
The Daily Howler

US Politics, Policy & 'Culture'

07.21 Of course Donald Trump is a racist – and his Wall Street enablers know it

07.21 A court ruled it was legal for guards to strip search female inmates and force them to remove their tampons in front of male officers for a 'training exercise' [The frequency and degree of immorality and degradation being reported in the media is very disturbing, as if society has been reprogrammed overnight to be more like the worst behavior of Nazi Germany]

07.21 THE DEMOCRATIC PARTY IS GETTING CRUSHED IN FUNDRAISING: “THEY NEED TO GET THEIR SHIT TOGETHER” [Since so-called moderate Democrats will prostitute themselves in many conceivable ways (offering that special quid pro quo) they have effectively become competitively ANTI-PUBLIC, like Republicans. Whereas progressive Democrats must promise not to take corporate donations at all as an effective litmus-test. The DNC refuses to raise funds for moderate and progressives separately, and thus donations fall short. Which is it to be: 1) Will the DNC change? or 2) Must progressive Democrats become corporate whores too? or 3) Maybe you don't need corporate contributions at all if your policies are fantastic?]

07.21 State and Local Taxes Are Worsening Inequality

07.21 State and Local Taxes Are Worsening Inequality

07.21 We're no longer in Brave New World. We're back in 1984. [1:35 video; Our despicable President is at it again]

07.21 BALTIMORE'S FILTHIEST HOODS [7:38 video. Ask your governments, why are our cities so much worse than Europe's? Why is our healthcare worse and so much more expensive? And why are our Billionaires so much richer? Ask if those results of bad government are all related, and why? Are they all caused by a power-elite with greed-obsessed immorality?]

07.21 Nancy Pelosi's Dem Socialist Challenger Shahid Buttar: "We're Gonna Win" | Full Interview [5:43 video]

07.21 Jon Stewart goes viral excoriating Rand Paul after blocking vote [9:02 video]

07.21 Nicolle Wallace Refuses to Broadcast Trump Live [5:43 video]

07.21 Sassy Bernie Sanders Sh*ts on Jeff Bezos on His Home Turf... Numerous Times [17:22 video]

07.20 Puerto Rico: top US politicians join chorus calling for governor's resignation

07.20 Fact check: Trump says Puerto Rico got $92 billion. They've seen only a fraction [If he opens his mouth, Trump's lying.]

07.20 "Trump Says Go Home, Ilhan's Community Says Welcome Home": Rep. Omar Greeted With Cheers of Love and Support in Return to Minnesota

07.20 WATCH: Amid Extreme Anti-Refugee Push, Trump Displays Neither Interest Nor Knowledge of Asylum Seekers' Plight in Oval Office Meeting

07.20 Trump Denies Being at North Carolina Rally [Not sure if Trump supporters 'get' satire, but here goes....]

07.19 Are progressives working on a climate plan for 2021? You bet.

07.19 House Democrats demand Hope Hicks clarify testimony after Cohen document dump

07.19 The 51 most outrageous lines from Donald Trump's repugnant North Carolina rally

07.19 The Real Meaning of ‘Send Her Back!’

07.18 Alexandria Ocasio-Cortez on Breaking up Homeland Security

Justice Matters

07.19 UN urged to act over 'purge' of Turkey's lawyers by Erdogan

07.19 DOJ Releases Strong Evidence of Trump’s Campaign Finance Violations But No Explanation of No Charges [The statement]

High Crimes vs. Human Rights

07.19 Conscientious objectors of first world war – their untold tales [The record proves they were morally right by avoiding violent early deaths of their cousins and themselves]

Economics & Corrupt Capitalism

07.18 Corporate tax cuts blocked at least 15,000 affordable homes in California. Here’s how

International & Futurism

07.21 Millions face hardship as Zimbabwe comes close to ‘meltdown’

07.21 Spain set for socialist-led government after Iglesias deal [Some loaded drama going on here...]

07.20 US to deploy troops to Saudi Arabia in face of 'credible' regional threats [Working with Osama bin Laden's godfathers, Trump wants to profit like Erik Prince (for-profit education secretary Betsy DeVos' brother) of Blackwater infamy (hurriedly renamed ‘Academi’), the U.S. taxpayer to pay inflated costs while Trump siphons off long-term emolument largesse]

07.20 Iran on 'dangerous path' with seizure of Stena Impero, says UK [Which is this, a tit or a tat?]

07.20 'Dark satanic mills': Tony Abbott continues his crusade against wind turbines [Too much CO2 air pollution makes you stupid, and turns your country into an “Idiocracy” (1:36 video clip)]

07.20 Bolsonaro declares 'the Amazon is ours' and calls deforestation data 'lies' [Lazy and willfully stupid whenever it serves his purpose, just like Trump. “And the rest of you can all go to hell.” Again, just like Trump. Has your country turned into an “Idiocracy”? (1:36 video clip)]

07.19 U.N.'s Bachelet says Congresswomen opposing Trump are 'fantastic'

07.19 Iran makes 'substantial' nuclear offer in return for US lifting sanctions [Was barbaric Saudi Arabia—whose citizens were more involved in the 9-11 attacks—the wrong ally all along?]

07.19 “The Task Ahead Is Enormous, and There Is Not Much Time” [Read this and learn. Or read Donald J. Trump (@realDonaldTrump) | Twitter and/or President Trump (@POTUS) | Twitter. Are you serious? Or are you in hideously criminal denial?]

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  Thinking About Warnings

COMMENTARY:

Thinking About Warnings

by Fred Cederholm
Things happen that are harbingers of more things to come. We don’t always see isolated and random events as warnings. That may be a major mistake on our parts.

I’ve been thinking about warnings. Actually I’ve been thinking about volcanoes, Toyotas, Goldman Sachs, the money supply, US Treasury Securities, foreclosures, and my silver PT Cruiser. Things happen that are harbingers of more things to come. We don’t always see isolated and random events as warnings. That may be a major mistake on our parts. How often days, weeks, or months later do we TH*NK: “Gee, I should of...”?

You see despite all the occurrences that actually DIDN’T make the news last week, there were a number of events, or happenings, which I see as warnings. Planet earth is clearly not as stable a place as we want to TH*NK. The Eyjafjallokull eruptions in Iceland have basically shut down air travel to (and within) Europe. Iceland’s volcanoes generally smolder, burp, and send off ash, but the last week’s events were something to watch closely. While some airports want to re-begin take offs and landings, the cloud of fine ash over the UK, Scandinavia, Central Europe, and Eastern Europe to the Ural Mountains has not dissipated. Airlines are now losing $200 MILLION a day. Although the ash cloud from Iceland continues to linger and grow, pressure is on to fasten seat belts and re-fill the empty skies. Does this mean that a warning is now being ignored? Are they playing fast and loose with passengers?

The past problems of Toyota vehicles accelerating on their own has resulted in a $16.4 MILLION fine to be made payable to Uncle $ugar. A bundle of memos, emails, and letters indicate that Toyota tried to sweep massive quality control problems under their floor mats. The government could have used the $15 BILLION in fines they actually sought, but were capped out at the $16.4 MILLION that was just announced. Toyota isn’t admitting any guilt, but agreed to pay the $16.4 MILLION to put “the matter behind them.” (YEAH, right!!!) Such a “NOLO CONTENDERE” (no innocence, but no guilt either) plea brought back so many memories of my days working as a forensic accountant for the FDIC/ RTC. I can really laugh about this because I was the one who put together “the smoking gun” evidence which was sealed (and I am still under a gag order) by the RTC settlement decree(s) on my cases.

Goldman Sachs, the famous Wall Street investment firm, was dinged for telling many of their clients to invest in mortgage backed securities, while at the same time short selling the securities and betting that they would be worth less, or even worthless. How could such a two faced duplicity be the case? Well under the A,B,C’s of investing. A’s are for averages, B’s are for brokers, and C’s are for commissions! In this case, the C’s are much more desirable than any A’s, or any B’s. At this point, whether the Security and Exchange Commission (SEC) will pursue criminal charges against Goldman, or what will be the ultimate fine, penalty, restitution to Uncle $ugar is still open to question. The timing of last week’s disclosures is fortuitous because the Obama Administration is preparing its case that a return to regulation of the banks and investments is highly desirable. The President may not have been able to fly to Poland for a funeral; but unless the Yellowstone Caldron erupts, he will be flying around the US pushing for financial system reform and regulation. The Goldman case is clearly a warning.

News from the US Treasury is highly suspicious. Every week Treasury securities are rolled over and new/ additional ones are offered for sale. In the 2010 year, Uncle $ugar will need to borrow at least another $1.6 TRILLION. This should result in an increasing money supply, and an increase in interest rates! What we are seeing is that the money supply is actually contracting (?), no interest rate increases, and that there is an “unexplained” spike of BILLIONS of “direct” purchases of these securities. Security sales thru brokers and to institutional investors are “indirect:” sales to the general public and foreign governments are “direct.” This is a red flag that something is not right! Who is actually buying these at arbitrarily low interest rates, and how are they paying for them when the reported outstanding money supply is actually decreasing? Should these anomalies be regarded as another warning sign?

An “improving” Real Estate market is presently being hyped, yet the number of foreclosed properties and those held/ owned by banks as OREOs (Other Real Estate Owned) continues to grow. Realty Trac which monitors these, just announced foreclosures doubled to 15,000 in Illinois alone at the end of the first quarter. This is a record high and should be taken as a sign of a worsening economy, not an improvement to it. Closer to home... four of the 22 homes on the market in Creston have sold in the past couple of weeks. This is great news. Then... over the weekend, the engine warning light on my PT Cruiser came on. I am headed to Krahenbuhl’s Monday afternoon to get it checked out. (Bah humbug!)

I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.


Copyright 2009 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at asklet@rochelle.net.



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This story was published on April 19, 2010.

 

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