Investor Sounds Alarm on Hyperinflation

The headline from the Bloomberg News internet site Bloomberg.com said it all, “U.S. Inflation to Approach Zimbabwe Level, Faber Says.” But although Bloomberg was running the story, the main stream media (MSM) didn’t touch it.

Faber is Marc Faber, who publishes the Gloom, Boom & Doom Report. He said in an interview with Bloomberg Television in Hong Kong, “I am 100 percent sure that the U.S. will go into hyperinflation. The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”

Zimbabwe’s inflation rate reached 231 million percent in July, 2008, the last annual rate published by the statistics office.

To put that into perspective, inflation in the U.S. in 1979 reached a high of 13.5 percent. That was a 500 percent increase above the 70-year average 2.5 percent, and those who lived during that time remember it as an uncomfortable economic period.

We’ve been warning for a long time here and in The Bob Livingston Letter that Fed policies were sending us on a path toward inflationary destruction. And we’re not alone in this thinking. But the MSM and the boys and girls in government don’t want you to know about it.

Why? Because they don’t want you to know that for almost 100 years now they’ve been silently, stealthily stealing your wealth.

It started in 1910 when a group of powerful bankers met in secret at Jekyll Island, Ga., and created a monster, then pushed Congress to grow that monster—the Federal Reserve. Founded in 1913, the Fed is a non-Constitutional cartel of private bankers that has control over the U.S. monetary system.

Since then the Fed’s policies have caused a devaluation of the dollar that has stolen your money. Ever wonder why things cost so much more today than they did 40 or 50 years ago? It’s because your dollar is worth so much less.

For example, in 1933 the Consumer Price Index (CPI) (the price of a basket of common goods purchased by the average consumer) was 12.8. In 2008 the CPI was 225. In other words, that same basket of goods has increased from just under $13 to $225. That’s the result of your devalued dollar.

Here’s what noted economist Peter Schiff wrote in his book, Crash Proof, which predicted the financial meltdown, when he detailed why the government likes inflation:

  • Inflation makes the national debt more manageable because it can be repaid with cheaper dollars.
  • In a democracy full of personally indebted voters, the government will pursue monetary policies hospitable to debtors even as it accommodates the special interests that lend to them.
  • Inflation finances social programs that voters demand while allowing politicians to avoid the politically unpopular alternative of higher taxes, enabling Uncle Sam to play Santa Claus.
  • Inflationary spending is confused with economic growth, which is confused with economic health. (Of course, gross domestic product (GDP) numbers are theoretically adjusted for inflation but that doesn’t mean much if the inflation figures are misrepresented.)
  • Inflation causes nominal asset prices to rise, such as those of stocks and real estate, instilling in the minds of voters the illusion of wealth creation even as the real purchasing power of their assets falls.

Back to the Bloomberg story: Federal Reserve Bank of Philadelphia President Charles Plosser said that inflation may rise to 2.5 percent in 2011.

But the head of Asian economic forecasting at Action Economics in Singapore said he was confident that the Fed would be able to contain inflation at 2 percent or less.

Meanwhile, the Fed, Keynesian economists and MSM ignore history. They ignore Zimbabwe, which got into its mess by printing money to pay down its debt. They ignore 1970s America. And they ignore Weimar Germany in 1918-1923, where hyperinflation caused 30,000 percent inflation and led to the collapse of their civilization and the rise of Adolf Hitler.

The government boys and girls don’t want you to understand inflation, and the MSM is not going to report it until it can’t be ignored. Meantime, you ignore it at your own peril.

What can you do? First, call your Congressman and Senators and urge them to get behind H.R.1207, which calls for an audit of the Federal Reserve.

Second, buy and hold gold and silver. Because when hyperinflation comes, precious metal is the only thing that will stand between you and financial hardship.

Despite bad economy, hurricane home preparation ‘a must’

Despite bad economy, hurricane home preparation 'a must' Mindful of the potential of the recession to compound hurricane damage, experts are warning Americans against saving on upgrades or putting off protecting their property.

When a natural disaster strikes an already cash-strapped household, it becomes a double-edged sword, so it is crucial to follow a few simple and low-cost steps to avoid a financial catastrophe down the road.

The Institute for Business & Home Safety (IBHS) says it is important to conduct a roof inspection to make sure the covering is well-adhered and there are no missing pieces. Secure any loose sheathing with spray foam seal adhesive or caulk.

Next, it is time to secure any doors and windows which can become entry points for flying debris or become dangerous debris themselves if they shatter.

Install shutters ahead of time to protect windows, and use plywood as a last resort, suggests IBHS. It adds that masking tape is not a substitute for window coverings and will not protect the house against wind and water.

Other vulnerable entry points that may need to be secured include roof or ridge vents. It is a good practice to reseal around windows, doors and vents using caulk as water can penetrate through even the smallest openings.

Finally, once the storm is on its way, it is wise to remove all outdoor furniture and any loose objects that can be picked up by the wind and compound damage to surrounding property.
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A new tool in the fight against baby fat?

A new tool in the fight against baby fat?According to a new study, women who take probiotics during pregnancy and lactation are less likely to become obese.

The research conducted in Finland found that the lower risk of obesity was especially significant during the first year after giving birth.

A total of 256 women participated in the study and were divided into three groups. Two groups received dietary counseling, and one of those also received daily capsules of probiotics containing Lactobacillus and Bifidobacterium.

The other group received a placebo, whereas the third group received placebo and no dietary counseling.

The results found that 25 percent of the women who had been given the probiotics as well as diet advice had central obesity, defined as a body mass index of 30 or more or a waist circumference of over 31 inches.

Meanwhile, as much as 43 percent of those who got counseling alone and 40 percent of the women who got neither diet advice nor probiotics developed central obesity.

The scientists believe probiotics’ power to manipulate the balance of bacteria in the gut may help fight obesity.
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Diet rich in Vitamin D may promote good memory

Diet rich in Vitamin D may promote good memory Scientists believe cognitive decline and other memory problems in humans may be mitigated through a diet rich in oily fish which are high in vitamin D.

A study, conducted by European researchers, compared the cognitive performance of more than 3,000 men aged 40 to 79 years, and found that those with higher levels of vitamin D performed consistently better in a test that assessed an individual’s attention and speed of information processing.

The results held true even when factors such as depression, season and levels of physical activity were taken into account.

According to lead author Dr. David Lee from the University of Manchester School of Translational Medicine, previous studies of the relationship produced inconclusive results, "but we observed a significant, independent association between a slower information processing speed and lower levels of vitamin D."

Vitamin D is primarily synthesized in the skin following sun exposure, but can also be obtained from oily fish, dairy products and nutritional supplementation.

Recent research has found Americans may be at a risk of vitamin D deficiency as its average blood levels appear to have decreased in the U.S. between 1994 and 2004.
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Stockpile Food to Prepare Against Dickensian Scenes of Destitution

Stroll down any aisle at the grocery store on an average day and you’ll probably see thousands of items of all kinds made by any number of producers. Many times there are six or eight brands of the same item. And they come in all sizes.

Although store shelves are currently full, there may soon come a time when that is not the case. As the U.S. Federal deficit grows beyond the current historic levels there will come a time when a correction comes. A devaluing of the dollar has already begun. It will be followed by inflation that could become so severe that food and other necessities become unaffordable or unattainable.

It is happening right now in Latvia, where the government’s current budget deficit is estimated to be about 12 percent of the gross domestic product (GDP), according to the International Heritage Tribune.

So as the Latvian government cuts wages and spending in order to bring down its deficit and qualify for a bailout from the International Monetary Fund, “Austerity is rippling down the social hierarchy, as the affluent cancel vacations, middle-class people fret about social descent, and Dickensian scenes of destitution multiply,” the Tribune says.

Many of the people there can simply no longer afford to feed themselves.

Currently, the U.S. is running a budget deficit of about 13 percent of GDP and spending almost $2 for every $1 it takes in. It doesn’t take a Pythagoras to understand that math like that doesn’t add up.

So if you want to prepare yourself for Latvian-type circumstances and ensure that your family has food to weather such a storm, you need to begin stockpiling food and water now. And even if you don’t believe things in the U.S. can get that bad, it’s a good idea to have some food and water stored in the event of a natural disaster that affects the food and water supply for a short time.

You should always keep on hand at least a three-day supply of food. It’s easy to stockpile a few cans of meats, soups and vegetables, as well some rice and grains, to get you through a short-term emergency. You can do this by buying a few extra things each time you go to the grocery store. Remember, canned foods have a shelf-life of about two years, so rotate your foods.

For longer-term situations, some planning in advance can save you from tremendous hardship when the catastrophe strikes. To prepare, you should have a good stockpile of both canned and freeze-dried foods. All canned soups, fruits, vegetables and meats should be kept in a dry, cool space.

Be smart with your planning and purchasing and you can accumulate food that will sustain you for a long time at very little cost. Just don’t gather things your family will not eat. Oatmeal, Ramen noodles and Bisquick are great things to have on hand in an emergency, and they don’t cost much. And, don’t forget to add commonly used spices, which help to make any food more palatable.

Freeze-dried foods and military style Meals Ready to Eat (MREs) are convenient types of foods to have on hand for emergencies. These are available from outdoor supply stores, survivalist stores and via the Internet. There are various types of MREs that can be purchased in kits with quantities to feed families for up to a year.

Warehouse stores like Costco sell freeze-dried emergency food kits in plastic buckets with as many as 275 servings for about $85. That would be enough to feed a family of four for three weeks.

When buying these pre-packaged meal kits, be sure you compare the packages for a list of meals and ingredients included before making your purchase. Some tend to scrimp on their offerings and provide just enough to survive but not enough for a hearty, filling meal.

How much food should I save?

You can never have too much food set aside for a crisis because you can’t know ahead of time what the crisis will be or how long it will last. Will a three-day supply be enough? One week? A month? Three? A year?

You hope it doesn’t last long but you never know. So it’s best to start small and work from there. And start with a definite plan.

There are several things to consider. How many are in your family?  How many additional people would you bring under your roof? What is the nature of the crisis—natural disaster, terrorist attack, economic collapse or fuel shortage?

Let’s start with a three-day supply. If you are feeding a family of four for three days you will need to plan on three breakfast meals, three lunches and three dinners.

The main idea is to prepare. That way, if the U.S. should turn into a Latvia—or a 19th century London—you won’t find yourself on a diet of meager meals, scraping to get by.

Experts discuss ways to avoid insurance scams

Experts discuss ways to avoid insurance scamsIn these uncertain economic times, financial scams are proliferating and an industry association has offered tips on how consumers can protect themselves and their families from this type of fraud.

The National Association of Insurance Commissioners says the fraudsters prey particularly on those who, faced with tightening domestic budgets, are looking for ways to save on insurance costs.

Therefore, even while searching for "good deals" Americans should beware of purchasing a policy without thoroughly researching it.

"What seems too good to be true often is," says NAIC CEO Therese Vaughan, adding, "Consumers need to be extremely careful not to take a shortcut with their insurance, which in the long-term can affect the safety and security of themselves and their loved ones."

The organization stresses the first step is always to verify that the company or agent offering insurance is legitimate and licensed in the state.

Thoroughly reading the explanation of benefits is also extremely important before signing any paperwork.

NAIC also cautions Americans to be on the lookout for "hidden fraud" which happens when an employee of a legitimate insurance company acts dishonestly for personal gain. If your insurance card or any other documents fail to arrive in mail, you should contact the company as soon as possible.

Customers who suspect fraud have a range of options, including contacting state insurance department to file a complaint or completing an online form provided by the Online Fraud Reporting System.
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Supreme Court upholds law on gays in military

Supreme Court upholds law on gays in military The nation’s highest court has rejected the challenge to the "don’t ask, don’t tell" policy introduced during the Clinton Administration.

The suit was brought by James Pietrangelo II, the former Army infantryman and veteran of two Iraq wars, who was discharged in 2004 after revealing he was gay, according to Time magazine.

The administration has expressed support for the court’s ruling, and indicated a review of the law is "not a high priority." However, gay-rights groups have been quick to stress Obama promised to eventually repeal the law during his presidential campaign.

"Every moment that the administration and Congress delay repealing ‘don’t ask, don’t tell,’ our nation is robbed of brave men and women who would risk their lives to keep our country safe," says Joe Solmonese, president of Human Rights Campaign, quoted by the Associated Press.

The campaign has joined other groups which are calling on the president to sign an executive order suspending "don’t ask, don’t tell".

Recently, Lieutenant Dan Choi, an Arabic-speaking West Point graduate and a veteran of the Iraq war, was discharged from the army after he publically declared his sexual orientation.
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Supplements, diet can help protect vision in old age

Supplements, diet can help protect vision in old ageDietary research has provided new insights into ways of preventing or minimizing age-related macular degeneration (AMD).

AMD occurs when blood vessels in the center of the retina break down, and experts predict the debilitating condition will have a growing human and economic impact as the U.S. population ages.

A recent study demonstrated that nutritional supplementation with a combination of vitamins B6 and B12 and folic acid may decrease the risk of AMD in women.

However, proper diet also plays a crucial role as new research published in Archives of Ophthalmology suggest a diet rich in fish, olive oil and nuts may have a protective effect.

According to Health.com, scientists from the University of Sydney followed 2,454 men and women for up to a decade, and found people who ate a serving of fish every week were 31 percent less likely to develop early AMD than those who did not, the website says.

In addition to that, two servings of nuts each week reduced the risk by 35 percent.

The researchers also warn foods that have a detrimental impact on vision include commercial baked goods and fried products which contain trans-fatty acids.
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Was It Really That Long Ago?

It was not a moment to make one feel young. I was seated behind the seniors at this year’s graduation of my former high school — in a section reserved for the “golden graduates.” That is, those of us who had received our diplomas 50 years earlier.

It didn’t seem possible that five decades had passed since I myself had heard my name called and walked down the aisle to receive my diploma. As I returned to my seat on that June weekend in 1959, I cast a glance at the oldsters sitting behind me. It never occurred to me that one day I would be sitting where they were. But last Friday morning there I was, with smiling classmates from that long-ago time on either side of me.

The high school I had been fortunate enough to attend was (and is) an extraordinarily beautiful place. If you are ever in suburban Detroit with a few hours to spare, I urge you to visit the Cranbrook-Kingswood campus in Bloomfield Hills. Among the properties in the gorgeously landscaped 360 acres is an art institute, a science museum, a pastoral retreat, and five schools: an elementary school, two middle schools, and two upper schools, one for young men and the other for young women. About half the students in the upper schools are boarding students, as was I.

When I was there, Cranbrook Preparatory School for Boys, as it was called then, was exclusively male. Young ladies attended Kingswood School on the other side of the campus and were as well-protected from our attentions as a coterie of stern matrons could make them.

We had to attend chapel every morning, wear a coat and tie to class, and were expected, always and everywhere, to behave like young gentlemen. Of course we weren’t. Most of us thought of ourselves as mischievous hellions and took delight in bending the rules whenever and wherever we could.

Today, while classes are largely co-ed, graduation exercises are still firmly divided by sex. The boys’ commencement exercises took place in the morning at Christ Church Cranbrook; the girls’ in the afternoon. Or should I be more politically correct and say “the young men’s commencement” and “the young ladies’”?

Our commencement speaker was Bill Prady, Cranbrook class of ’74. In case you don’t recognize the name, I’m sure you’ll recognize his latest creation — the hit television show, “The Big Bang Theory.” Bill got his start in television writing for Jim Henson and the Muppets and his ability to get a laugh was clear from the start. He expressed his surprise that here he was, 35 years after graduation, and he had to prepare yet another paper for graduation.

Bill began by advising the graduates, “Good luck. That’s it; that’s all I’ve got.” And he ended with the admonition that if they forgot everything else he said, remember two words: “Be kind.” In between was a lot of sage advice on how to live, what to expect, and the real measure of success. If you’d like to hear his delightful advisory for yourself, his speech is available as an audio link on the Cranbrook website at .http://schools.cranbrook.edu/podium/tools/
AudioPlay.aspx?a=64825&ttl=undefined"

I don’t remember who spoke at our graduation, some fifty years earlier. None of my classmates did, either. But we all remembered the two songs we sung; they had been a staple of every graduation since the first one, back in 1931. And at this graduation, 50 years hence, we once again raised our voices high.

The first song is called “Forty Years On.” It was written in 1872 for Harrow School, one of the most famous of the English “public” (i.e., private) boarding schools. No wonder that it was adopted many years ago by Cranbrook, which was carefully planned and designed to duplicate the English boarding-school experience. Yes, Harry Potter would be quite at home at Cranbrook.

Here’s the first verse:

Forty years on, when afar and asunder,
Parted are those who are singing today,
When you look back, and forgetfully wonder
What you were like in your work and your play,

Then, it may be, there will often come o’er you,
Glimpses of notes like the catch of a song —
Visions of boyhood shall float them before you,
Echoes of dreamland shall bear them along.

Yes, indeed, while sitting there behind today’s smiling, cheerful, optimistic graduates, it was definitely true that “visions of boyhood” floated before me. I’m sure every other golden grad felt the same way.

But it was the final stanza that brought home to me how large was the gap between the Chip Wood who left Cranbrook in June 1959 and the one who returned there this past weekend:

Forty years on, growing older and older,
Shorter in wind, as in memory long,
Feeble of foot, and rheumatic of shoulder,
What will it help you that once you were strong?

God give us bases to guard or beleaguer,
Games to play out, whether earnest or fun;
Fights for the fearless, and goals for the eager,
Twenty, and thirty, and forty years on!

And fifty years too, I hasten to add. Part of me wants to shout, Hey, I’m not that old, darn it! But it’s hard to tell yourself that you look, feel, and act like a youngster when you’re attending the 50th reunion of your high-school class.

For all of you who are celebrating a graduation of some kind this month — whether it be child, grandchild, or your own reunion of however many years — I hope you too have much to remember with pleasure and with pride. And that, like me, you still look forward to seeing what lays ahead, twenty, and thirty, and forty years on.

Dark Days in Detroit

Our drive from the Detroit airport to the northern suburbs took us past some of the most historic parts of the American car industry. It was impossible not to reflect on how the mighty have fallen, as stories of unemployment, foreclosures, federal rescues, and union victories filled the news.

The Obama Administration strong-armed Chrysler’s creditors into accepting a deal where the auto workers union was given 55% ownership of the company, while the secured creditors — who normally would have been first in line, in any non-political (i.e., following the law) bankruptcy — will have to be content with getting 29 cents on the dollar.

Some of the creditors are fighting back. They’ve appealed to the Supreme Court, charging that the agreement violates the law. The Court has put a temporary hold on proceedings, but no one gives the plaintiffs much of a chance of stopping the federal juggernaut.

The Chrysler agreement is a model of propriety compared to the government-brokered bankruptcy of General Motors, however. The biggest losers are those poor investors who bought GM’s bonds. Although they hold $27 billion in notes, all they’ll receive in the new set-up is a 10% stake in Government Motors.

Meanwhile, the United Auto Workers union, which is owed about $20 billion by GM, is being gifted with 17.9% of the company, plus $9 billion in taxpayer cash. As Barron’s Magazine noted, “Never has an American union done so well at the expense of shareholders and creditors.”

It’s easy to understand why the Obama Administration is engaging in such overt favoritism. Democrats know they have the unions to thank for their victories last November. Consider the numbers: Between 2000 and 2008, the UAW gave $23.7 million to the Democratic Party and its candidates. During the same crucial period, the once-powerful union gave $193,540 to Republican candidates. Anyone see a bit of a disparity here?

Fifty years ago, Detroit made cars we loved. But between union feather-bedding and government mandates (and yes, let’s be honest: a whole bunch of short-sighted stupidity on the part of auto execs), all of that changed. We began to disparage the cars Detroit made for us.

Meanwhile, a bunch of foreign car makers came to the U.S. They built their plants in the South, filled them with non-union labor, and began building cars the American consumer preferred. And Detroit was left further and further behind.

Ironically, when Ford, GM, and Chrysler could compete on a level playing field, most of the time they beat the competition. For years, the only place the Big Three have been profitable is outside this country. Ford and GM still make a ton of profits in Europe, Asia, and Latin American. But it will be a long, long time — if ever — before that is true in this country once again.

Forty years on brought a lot of changes to the American automobile industry. In the past year, little of it has been pretty, or fair, or even legal. Too bad. But as Bob Hope put it, “Thanks for the memories.”

Was It Really That Long Ago?

It was not a moment to make one feel young. I was seated behind the seniors at this year’s graduation of my former high school — in a section reserved for the “golden graduates.” That is, those of us who had received our diplomas 50 years earlier.

It didn’t seem possible that five decades had passed since I myself had heard my name called and walked down the aisle to receive my diploma. As I returned to my seat on that June weekend in 1959, I cast a glance at the oldsters sitting behind me. It never occurred to me that one day I would be sitting where they were. But last Friday morning there I was, with smiling classmates from that long-ago time on either side of me.

The high school I had been fortunate enough to attend was (and is) an extraordinarily beautiful place. If you are ever in suburban Detroit with a few hours to spare, I urge you to visit the Cranbrook-Kingswood campus in Bloomfield Hills. Among the properties in the gorgeously landscaped 360 acres is an art institute, a science museum, a pastoral retreat, and five schools: an elementary school, two middle schools, and two upper schools, one for young men and the other for young women. About half the students in the upper schools are boarding students, as was I.

When I was there, Cranbrook Preparatory School for Boys, as it was called then, was exclusively male. Young ladies attended Kingswood School on the other side of the campus and were as well-protected from our attentions as a coterie of stern matrons could make them.

We had to attend chapel every morning, wear a coat and tie to class, and were expected, always and everywhere, to behave like young gentlemen. Of course we weren’t. Most of us thought of ourselves as mischievous hellions and took delight in bending the rules whenever and wherever we could.

Today, while classes are largely co-ed, graduation exercises are still firmly divided by sex. The boys’ commencement exercises took place in the morning at Christ Church Cranbrook; the girls’ in the afternoon. Or should I be more politically correct and say “the young men’s commencement” and “the young ladies'”?

Our commencement speaker was Bill Prady, Cranbrook class of ’74. In case you don’t recognize the name, I’m sure you’ll recognize his latest creation — the hit television show, “The Big Bang Theory.” Bill got his start in television writing for Jim Henson and the Muppets and his ability to get a laugh was clear from the start. He expressed his surprise that here he was, 35 years after graduation, and he had to prepare yet another paper for graduation.

Bill began by advising the graduates, “Good luck. That’s it; that’s all I’ve got.” And he ended with the admonition that if they forgot everything else he said, remember two words: “Be kind.” In between was a lot of sage advice on how to live, what to expect, and the real measure of success. If you’d like to hear his delightful advisory for yourself, his speech is available as an audio link on the Cranbrook website at .http://schools.cranbrook.edu/podium/tools/
AudioPlay.aspx?a=64825&ttl=undefined"

I don’t remember who spoke at our graduation, some fifty years earlier. None of my classmates did, either. But we all remembered the two songs we sung; they had been a staple of every graduation since the first one, back in 1931. And at this graduation, 50 years hence, we once again raised our voices high.

The first song is called “Forty Years On.” It was written in 1872 for Harrow School, one of the most famous of the English “public” (i.e., private) boarding schools. No wonder that it was adopted many years ago by Cranbrook, which was carefully planned and designed to duplicate the English boarding-school experience. Yes, Harry Potter would be quite at home at Cranbrook.

Here’s the first verse:

Forty years on, when afar and asunder,
Parted are those who are singing today,
When you look back, and forgetfully wonder
What you were like in your work and your play,

Then, it may be, there will often come o’er you,
Glimpses of notes like the catch of a song —
Visions of boyhood shall float them before you,
Echoes of dreamland shall bear them along.

Yes, indeed, while sitting there behind today’s smiling, cheerful, optimistic graduates, it was definitely true that “visions of boyhood” floated before me. I’m sure every other golden grad felt the same way.

But it was the final stanza that brought home to me how large was the gap between the Chip Wood who left Cranbrook in June 1959 and the one who returned there this past weekend:

Forty years on, growing older and older,
Shorter in wind, as in memory long,
Feeble of foot, and rheumatic of shoulder,
What will it help you that once you were strong?

God give us bases to guard or beleaguer,
Games to play out, whether earnest or fun;
Fights for the fearless, and goals for the eager,
Twenty, and thirty, and forty years on!

And fifty years too, I hasten to add. Part of me wants to shout, Hey, I’m not that old, darn it! But it’s hard to tell yourself that you look, feel, and act like a youngster when you’re attending the 50th reunion of your high-school class.

For all of you who are celebrating a graduation of some kind this month — whether it be child, grandchild, or your own reunion of however many years — I hope you too have much to remember with pleasure and with pride. And that, like me, you still look forward to seeing what lays ahead, twenty, and thirty, and forty years on.

Democrats release draft health reform outline as divisions continue

Democrats release draft health reform outline as divisions continueSenate Democrats have released a draft of a healthcare bill that would introduce sweeping changes to the current insurance system which many consider to be dysfunctional.

The proposal, sponsored by Ted Kennedy, a Massachusetts Democrat, would require all Americans to buy health insurance and make it possible to buy affordable long-term care insurance from the government for about $65 per month, according to the Associated Press.

Other provisions include stricter regulations of private insurance companies to make it illegal to deny coverage for those with pre-existing conditions.

Meanwhile, as a similar bill is being fashioned in the House of Representatives.

"Our economic recovery and nation’s fiscal future hinge on fixing what’s broken in our healthcare system – lowering costs to families and businesses, preserving choice of doctors and plans, and assuring quality health care for all Americans," says House Speaker Nancy Pelosi.

Commentators believe any final healthcare proposals are bound to pit Republicans and Democrats against each other.

Most Republicans, for example, tend to reject the notion of a publicly-run system saying it would drive private insurers out of business.

However, many Democrats counter this by stressing a government option would enhance competition and encourage cost-savings.

The costs of the reform are estimated at more than $1 trillion over the next 10 years.
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Inflation specter spooks stock market

Inflation specter spooks stock market Stock prices headed lower today as commodity prices spiked rising new inflation worries.

At 2:17 p.m. EDT, all major NYSE indices traded more than 1 percent lower, and oil prices hovered around $71 a barrel boosting the stocks of Dow components such as Exxon Mobile and Chevron.

"Over the last few days, the concern has been that the bond market is worried about inflation and the rise in commodity prices is adding to that," says John Wilson, chief technical strategist at Morgan Keegan, quoted by CNNMoney.com.

"There’s a little bit of a worry that this will dampen what is hopefully the start of a recovery," he adds.

The downward trend continued despite today’s announcement of the alliance between Chrysler and Fiat that is expected to lead to the reopening of the recently closed Chrysler plants and production of fuel-efficient vehicles that meet the needs and today’s consumers.

Organizations such as the National Inflation Association have long warned about the dangers of hyperinflation and have encouraged Americans to invest in gold and other precious metals to insure their assets and wealth are protected.
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Expert discusses alternative cancer treatments

Expert discusses alternative cancer treatments The activity of an Arizona cancer center has testified to the increasing interest and need for alternative therapies.

According to a joint survey by the National Institutes of Health and the Centers for Disease Control, 40 percent of adults and 10 percent of children sought alternative medicine help for a range of health problems in 2007.

The EuroMed Foundation is an Arizona health center specializing in the detection, diagnosis and treatment of cancer utilizing both conventional and alternative therapies.

At the center of its holistic treatment options is Insulin Potentiation Therapy, which relies on the hormone to sensitize cancer cells to chemotherapy, allowing for far smaller doses than those used by mainstream medicine.

Dr. Frank George, the center’s medical director, says many cancer patients receive a "one size fits all" chemotherapy that may not be appropriate to their unique needs and may cause significant side effects.

"The goal is to help patients develop a clear and accurate idea of their options and make wise choices to help them in their fight against the disease," he stresses.

The center’s mission reflects the increasing popularity of alternative medical treatments among ordinary Americans as health insurance and healthcare costs continue to escalate.
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Forget Statin Drugs—You Need Cholesterol

The best doctors that I know will write a prescription instantly for a statin drug (i.e., a drug to force cholesterol lower).

The cholesterol myth is a monument to the lies, deceit and fraud of the pharmaceuticals and the government.

The cholesterol myth proves that super fortunes can be built on the sale of products based on medical myths. This has absolutely nothing to do with medicine or the treatment of disease. It is commerce, pure and simple. It is crime, incorporated.

The cholesterol myth is so well established and so completely accepted by doctors that there is almost no inquiry into this crime of commerce.

Organized propaganda can force-feed the public mind any myth they can imagine. Crime becomes legitimate after it is generally accepted by the people. And the longer a crime has been accepted as legitimate or legal, the harder it is to challenge.

Cholesterol drugs are bad for human health. They destroy CoQ10. They complicate general health in many ways. They cost the American people billions of dollars annually.

The cholesterol myth is based on the Lipid Hypothesis created by Ancel Keys in the 1950s. The Lipid Hypothesis is a theory that saturated animal fats and cholesterol in our food raise cholesterol levels in the blood. Then the theory goes that high blood cholesterol causes atherosclerosis—leading to obstruction of blood vessels of the heart, and resulting in coronary heart disease. The pharmaceuticals saw trillions of dollars of profits. Who can say that the pharmaceuticals didn’t create the flawed studies that led to the cholesterol profit empire that we have today. You may call it a "science" of fraud.

This reversed the American diet of good Omega 3 fats to the consumption of liquid vegetable oils and margarine substituting for coconut oil and animal fat that did our ancestors so well.

Well, as profits skyrocketed, deaths from heart disease and cancer did, too.

What is cholesterol?

Cholesterol is actually a heavyweight alcohol with a hormone-like structure that behaves like a fat—being insoluble in water and in blood. Cholesterol has a coating compound called a lipoprotein, which makes it water soluble so it can be carried in the blood. As we will see, cholesterol plays a critical role in body chemistry. We need our cholesterol. To suppress it with cholesterol drugs is to create degenerative disease.

The Benefits of Cholesterol:

  • Your body uses cholesterol to make hormones that help you deal with stress and protect against heart disease and cancer.
  • Your body needs cholesterol to make all the sex hormones, including androgen, testosterone, estrogen, progesterone and DHEA.
  • Your body uses cholesterol to make vitamin D, vital for the bones and nervous system, proper growth, mineral metabolism, muscle tone, insulin production, reproduction and immune system function.
  • The bile salts are made from cholesterol. Bile is vital for digestion and assimilation of dietary fats.
  • Cholesterol acts as an antioxidant, protecting us against free radical damage that leads to heart disease and cancer.
  • Cholesterol is needed for proper function of serotonin receptors in the brain.
  • Since serotonin is the body’s natural "feel-good" chemical, it’s not surprising that low cholesterol levels have been linked to aggressive and violent behavior, depression and suicidal tendencies.
  • Mother’s milk is especially rich in cholesterol and contains a special enzyme that helps the baby utilize this nutrient. Babies and children need cholesterol-rich foods throughout their growing years to ensure proper development of the brain and nervous system.
  • Dietary cholesterol plays an important role in maintaining the health of the intestinal wall. This is why low-cholesterol vegetarian diets can lead to leaky gut syndrome and other intestinal disorders.
  • Finally, the body uses cholesterol to repair damaged cells. This means that higher cholesterol levels are actually beneficial. Meyer Texon, M.D., a well-known pathologist at New York University Medical Center, points out that indicting fat and cholesterol for hardening the arteries is like accusing white blood cells of causing infection, rather than helping the immune system to address it.

FACT: Deaths from heart disease and all other causes increased 11 percent for each 1 percent drop in cholesterol according to a 30-year follow-up of the famous Framingham Study.

Do the American people know this? No, because the American Heart Association and the National Heart, Lung and Blood Institute published the reverse of the above facts in the journal Circulation. Yes, believe it or not!

And the fact is that for women, low cholesterol is more dangerous than high cholesterol.

Another fact is that when people maintain low levels of cholesterol in their blood over long periods of time with statin drugs, their risk of death from all causes will increase.

Taken from the book Eat Fat, Lose Fat by Mary Enig and Sally Fallon.

Administration announces anti-drugs strategy

Administration announces anti-drugs strategy The White House has unveiled the National Southwest Border Counternarcotics Strategy which aims to combat the rising drugs trafficking and violence along America’s border with Mexico.

Government officials say the strategy relies on tougher inspections, more enforcement personnel and close coordination with Mexican authorities at the federal, state and local levels.

Weapons and currency smuggling will also be targets of coordinated action by both governments.

The implementation of the policy will be overseen by Gil Kerlikowske, Obama’s director of national drug control policy.

"This new plan …creates a unique opportunity to make real headway on the drug threat," Kerlikowske said, quoted by CNN.

"At the same time, we are renewing our commitment to reduce the demand for drugs in the U.S., which will support this effort," he added.

According to NPR, drug violence killed more than 6,000 people south of the border last year. Meanwhile, a total of 1,000 people died in just the first two months of 2009.

And CNN, quoting Mexican authorities, has reported more than 40 people, including two police officers, have been killed in shootings in the border city of Ciudad Juarez since the beginning of June.
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First terrorist suspect arrives in the U.S.

First terrorist suspect arrives in the U.S. Ahmed Ghailani, a suspected Al-Qaeda member held until yesterday at the Guantanamo Bay prison in Cuba, has been transferred to New York earlier today.

He will be facing a trial at a federal court in Manhattan on charges related to the 1998 bombings of U.S. embassies in Tanzania and Kenya which killed more than 200 people, including 12 Americans.

"The Justice Department has a long history of securely detaining and successfully prosecuting terror suspects through the criminal justice system, and we will bring that experience to bear in seeking justice in this case," says Attorney General Eric Holder.

However, Senate Republicans have criticized Ghailani’s transfer, with House Minority Leader John Boehner, an Ohio Republican, quoted as saying that it is "the first step in the Democrats’ plan to import terrorists into America."

If convinced, Ghailani can face the death penalty.

The 1998 bombings of U.S. embassies had been the most serious assault al-Qaida had made against American targets prior to the 9/11 attacks.

The administration’s recent proposals to transfer some of the terrorist suspects from Guantanamo Bay to prisons in the U.S. have divided politicians in Washington as well as on a state level.
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Product uses acupressure principles to deliver allergy relief

Product uses acupressure principles to deliver allergy reliefAllergy-stricken readers will be relieved to learn there is an alternative to antihistamine medications, with their unpleasant side effects, in the form of a hayfever-fighting product based on acupressure points.

The Qu-Chi acupressure band, developed by acupuncturist Andrew Broch, works by applying pressure to the Qu-Chi point, also known as Large Intestine 11 (Li-11), on the arm.

A recent trial, which led to the band’s certification as a Class 1 medical device in the U.K., has found it is fast acting, does not cause drowsiness, is suitable for people of all ages and can be worn at night.

It can also be used all year to aid the treatment of non-hayfever allergic rhinitis.

Broch says he is thrilled to be able to offer a side effects-free solution to the problems affecting millions of hayfever and allergic rhinitis sufferers every year, and which include sneezing, coughing, watery eyes and running nose.

Allergy patients looking for natural relief methods may also consider using herbal supplements such as those containing quercetin.

A plant-derived bioflavonoid, quercetin helps stabilize mast cells and prevents them from releasing histamine, according to MotherEarthNews.com.
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Law to allow death penalty without trial?

Law to allow death penalty without trial?Media reports have suggested the Obama administration is considering a law which would permit detainees to plead guilty in death penalty cases without full trial.

According to the New York Times, the law would apply to military commissions at the Guantanamo Bay prison in Cuba.

It further adds the provision could permit military prosecutors to avoid details of controversial interrogations techniques that have been officially banned since President Obama took office earlier this year.

Predictably, the proposal, which has not been officially announced, has drawn criticism from legal experts.

"This unfortunately strikes me as an effort to get rid of the problem in the easiest way possible, which is to have those people plead guilty and presumably be executed," said David Glazier, an associate professor at Loyola Law School in Los Angeles, quoted by the NYT.

The administration has so far declined to answer questions about whether any decisions have been made.

White House spokesman Robert Gibbs has only commented that the President’s goal has been to improve the military commissions to ensure due process as well as "swift and certain" justice, the AP has reported.
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Gun rights activist blasts Obama

Gun rights activist blasts ObamaA newly promoted senior gun rights activist has said the administration’s actions conflict with traditional American attitudes on life and the right to possess arms.

John M. Snyder who was recently named senior rights activist in Washington by Shotgun News, has pointed to Obama’s poor public record on personal gun rights and criticized his Supreme Court nomination saying Judge Sonia Sotomayor is "on record" stating the Second Amendment rights do not apply to states.

"[T]he Sotomayor nomination is just the latest Obama action to undermine Americans’ gun rights, and he hasn’t yet been president for even five months," says Snyder.

"Earlier, he indicated he was going to push for Senate ratification of what is really an anti-American gun owner treaty," he adds.

Snyder is referring to the Inter-American Convention Against the Illicit Manufacturing of and Trafficking in Firearms, Ammunition, Explosives, and Other Related Materials (CIFTA) which, among other things, bans production of arms which do not comply with the convention’s regulations, and which the U.S. signed in 1997.

He therefore calls on Americans to contact their representatives or senators to complain about Obama’s actions.

In recent months, Attorney General Eric Holder has also omade statements suggesting the government will push for stricter gun control, including banning semi-automatic rifles and enforcing the federal law against firearm purchases by non-resident American citizens.
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