Daily Archives

Morgan Stanley sets aside 72% of revenue to pay bonuses

The Guardian – Morgan Stanley is setting aside a huge sum to pay out bonuses despite posting its third consecutive quarterly loss and admitting it is disappointed with key departments. The US bank’s latest results show it is allocating $3.9bn (£2.36bn) for paying out to staff, 72% of its net revenues. That dwarfs the percentage of revenue set aside by arch rival Goldman Sachs, where workers are on track for large bonuses after record results last week. Read Article

The Historian – If only we could all be bankers, and no matter how bad we do the bonuses still flow and the taxpayers is alwys there to bail you out…..tough life

Pfizer to Pay Tens of Millions for Deaths of Nigerian Children in Drug Trial Experiment

(NaturalNews) Pharmaceutical giant Pfizer has agreed to pay $75 million to settle a class action lawsuit filed against it by Nigerian parents who claim the company caused harm to their children by using them as guinea pigs in a nonconsensual, unlicensed drug trial.

The case began in 1996, when Pfizer needed a human trial to gain approval for its new antibiotic Trovan. When an epidemic of meningitis, cholera and measles broke out in Kano, Nigeria, the company quickly put together a research team and flew them to that country. Pfizer set up a tent right near the medical station where Doctors Without Borders were giving free treatments and recruited 200 children to participate in an unlicensed drug trial. [Read Article]

Hillary Clinton admits CFR control over Government Policy

Examiner – Secretary of State Hillary Clinton put at least one foot in her mouth in stating a major geopolitical truth, inadvertently or otherwise, about the secretive, elitist, globalist organization, The Council On Foreign Relations, and the tremendous influence and power it wields over the US Government. Her remarks came during a major speech she was invited to give at the new at the new CFR Washington DC branch.
Speaking to CFR President Richard Haas from the podium, Clinton – not an official CFR member – said, “Thank you very much, Richard, and I am delighted to be here in these new headquarters. I have been often to, I guess, the ‘mother ship’ in New York City, but it’s good to have an outpost of the Council right here down the street from the State Department.” Mrs. Clinton then turned to the audience and continued, “We get a lot of advice from the Council, so this will mean I won’t have as far to go to be told what we should be doing. Read article

UK GDP falls faster than expected

The Guardian – Britain’s economy contracted by a record 5.6% over the past year as output fell for a fifth straight quarter, the government revealed today.Dashing hopes that the steepest decline in growth since the 1930s might be nearing an end, the Office for National Statistics said gross domestic product fell by 0.8% in the three months to June.The size of the drop surprised the City, which had expected only a 0.3% decline following recent signs of a pickup in the housing market and strong growth in high street spending. Read Article

Lord Mandelson’s empire: 35 Cabinet committee posts

Telegraph – The extent of the Business Secretary Lord Mandelson’s influence over the Government became clear when it was disclosed that he is a member of 35 Cabinet committees.
Lord Mandelson, who also holds the title of First Secretary of State, has an input on policy on everything from swine flu to the Olympics, climate change to Afghanistan.
He is a member of 80 per cent of the 43 Cabinet committees and subcommittees, sitting on more than either the Prime Minister, the Chancellor or the Foreign Secretary. Read article

Thousands of Zimbabweans face eviction, says Amnesty

Telegraph – Thousands of Zimbabweans face eviction in the capital Harare in a renewed government bid to clean up illegal markets and settlements, Amnesty International warned on Thursday.
“An estimated 200 people from an informal settlement in the suburb of Gunhill and thousands of informal traders across Harare… face being forcibly evicted without being given adequate notice or any consultation or due process,” the rights body said in a statement.
Most of those at risk had been previously evicted in 2005 when Zimbabwean authorities launched Operation Murambatsvina (Drive Out Filth), which left 700,000 people homeless and destitute, Amnesty added. Read article

World stocks push up to 9-month highs

Reuters – World stocks pushed up to 9-month highs on Friday, cutting demand for government bonds as euro zone manufacturing and services reports beat expectations, fuelling optimism about economic recovery. The euro hit a session high against the dollar and European shares reversed earlier losses to climb for a 10th session running after a better-than-expected German sentiment survey and improved data on the euro zone services and manufacturing sectors. Read Article

The Historian – The false calm before the profit-taking of what little remains by those in the know, when the demons of debt (national and personal) come home to roost and inflation comes out to play.

Afghan war is ‘worth the effort’

BBC – US Vice-President Joe Biden has told the BBC that the war in Afghanistan is in the interests of the US and the UK.
“It is worth the effort we are making,” he said, warning that the terror groups on the border with Pakistan could “wreak havoc” on Europe and the US.
The number of foreign troop deaths has jumped recently, sparking questions in the UK over its involvement in the war.
Mr Biden suggested more sacrifice would have to be made during what he termed the “fighting season”. Read article

US: 160M doses of swine flu vaccine due in Oct.

WASHINGTON (Associated Press) — The U.S. may have as many as 160 million doses of swine flu vaccine available sometime in October, even though manufacturers worldwide are having serious trouble brewing shots, federal health officials said Thursday.

The Food and Drug Administration may formally approve much of that vaccine before studies required to prove how well it works are completed, treating the new inoculations just like the recipe change that regular winter flu vaccine undergoes each year. [Read Article]

Global Warming or Global Cooling? A New Trend in Climate Alarmism

Global Research – Senator Steve Fielding recently asked the [Australian] Climate Change Minister Penny Wong why human emissions can be blamed for global warming, given that air temperatures peaked in 1998 and began a cooling trend in 2002, while carbon dioxide levels have risen five per cent since 1998. I was one of the four independent scientists Fielding chose to accompany him to visit the Minister.The Minister’s advisor essentially told us that short term trends in air temperatures are irrelevant, and to instead focus on the rapidly rising ocean heat content. This is the new trend in climate alarmism. Previously the measure of global warming has always been air temperatures. But all the satellite data says air temperatures have been in a mild down trend starting 2002. The land thermometers preferred by the alarmists showed warming until 2006, but even they show a cooling trend developing since then.  Read Article

Freed Guantanamo Detainees Claim Post-Obama Mistreatment

De Spiegel – An Algerian man spent seven and a half years at the Guantanamo prison camp. He claims that abuse of detainees at the prison continues, despite President Obama’s order forbidding any forms of torture. Lakhdar Boumediene’s own children didn’t recognize him when he stepped off the military aircraft, looking gaunt and out of place Read Article

US corruption probe nets dozens

BBC – More than 40 people, including politicians, officials and several rabbis have been arrested in a major FBI operation in the US.
Three mayors from the state of New Jersey and two members of the state legislature were among those held.
One man is accused of alleged kidney trafficking involving Israeli donors.
Three hundred FBI agents raided dozens of locations in New Jersey and New York as part of a 10-year probe into corruption and money laundering.
Prosecutors say the arrests were part of a “dual-tracked” investigation.
Acting US Attorney Ralph Marra told reporters there were 29 suspects on what he termed the “public corruption” side of the investigation, including the politicians.
On the other side, he said, there were 15 suspects in connection with alleged international money-laundering, including the rabbis and their “associates”. Read article

A pint of milk a day cuts chances of heart disease and stroke

Telegraph.co.uk Published: 8:00AM BST 23 Jul 2009
Researchers found that drinking more than half a litre of milk a day ““ just under a pint ““ reduces your chances of suffering heart attacks and strokes by up to a fifth.

It also reduces your chances of developing diabetes and colon cancer, the research found. [Read Article]

Biochemist – Link to research article: http://www.jacn.org/cgi/content/abstract/27/6/723S
Cohort studies: a prospective or follow-up, analytical, epidemiological study. The investigation identifies a group which have the hypothesized cause and which are free of the disease of interest, and a comparison group which are free of the hypothesized cause. Both groups, the cohorts, are followed over time to determine the incidence rates of the disease in question in each of the two groups.

Iran discovers 46 oil fields in Caspian Sea

Press TV – Forty-six oil exploration fields have been identified in the Caspian Sea, says Iranian Oil Minister Gholam-Hossein Nozari. According to Nozari, eight of the fields are presently ready for exploitation. The comment came as Iran launched its domestically-built 14,000-ton offshore platform in its territorial Caspian waters to increase its oil output.  Read Article

The Historian – Press releases that you really don’t want to issue when you have the USA & Israel gunning for a fight….

Scientists find HIV’s ‘missing link’ in sick chimps

Associated Press, Guardian.co.uk, Wednesday 22 July 2009 18.00 BST
Scientists find HIV’s ‘missing link’ in sick chimpsA virus that is killing chimpanzees in the wild may be an intermediate stage in the evolution of the deadly human strain.

Scientists believe they have found a “missing link” in the evolution of the virus that causes Aids. It bridges the gap between an infection that does no harm to most non-human primates and one that kills millions of people. [Read Article]

Saliva test could show likelihood of premature birth

Telegraph.co.uk Published: 8:20AM BST 22 Jul 2009
A simple saliva test could could be used to pinpoint women at risk of delivering their baby early, researchers claim.

Progesterone plays a central role in helping a woman carry babies to term by stopping the womb from contracting, and supplements could help boost levels of the hormone.[Read More]

Modest Fisheries Reduction Could Protect Vast Coastal Ecosystems

Science Daily – A reduction of as little as five per cent in fisheries catch could result in as much as 30 per cent of the British Columbia coastal ecosystems being protected from overfishing, according to a new study from the UBC Fisheries Centre in Canada. Read Article

Government monopsony distorts climate science, says SPPI

TransWorld News – The Science and Public Policy Institute announces the publication of Climate Money, a study by Joanne Nova revealing that the federal Government has a near-monopsony on climate science funding. This distorts the science towards self-serving alarmism. Key findings included: The US Government has spent more than $79 billion of taxpayers’ money since 1989 on policies related to climate change, including science and technology research, administration, propaganda campaigns, foreign aid, and tax breaks. Most of this spending was unnecessary; Despite the billions wasted, audits of the science are left to unpaid volunteers; Carbon trading worldwide reached $126 billion in 2008   Read Article

Organic food company guilty of selling non-organic food

Telegraph.co.uk Published: 7:32PM BST 22 Jul 2009
A food company which provided pies to Buckingham Palace and Fortnum & Masons falsely claimed its products were organic.

One Food, which trades as Swaddles Organic in Daventry, Northants. purported to sell organic beef, pork and chicken, but, in fact, sold run-of-the-mill and less expensive, non-organic fare. [Read More]

Too-tall terror snapper stopped by cops again

The Register – If the law doesn’t quite fit, then Kent Police are not above making it up as they go along. That is the conclusion of local photographer Alex Turner who, following his arrest last week for being too tall ““ and possibly looking like a terrorist ““ was stopped by police again on Sunday, and required to hand over ID. Turner, perhaps foolishly, returned to the scene of his earlier crime (Chatham High St) late on Sunday to see whether the local community “would be… equally protected from suspected terrorism by night as it would be by day”. The answer is yes. CCTV operators spotted him taking photos. A police car arrived and officers asked him to explain what he was doing and demanded sight of his ID. Read Article

High-fructose diets impair memory

PRESS-TV — Adopting a diet rich in fructose, a form of sugar commonly found in processed foods and beverages, may result in impaired spatial memory. Previous studies had reported various health problems such as insulin insensitivity, type 2 diabetes, obesity and cardiovascular disease following the use fructose, the sweetener commonly found in table sugar, fruit juice concentrates and high fructose corn syrup. [Read more]