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Not Quite Two-Thirds of the Way There

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Depending on whether you want to believe the WSJ News Alert at 3:00 PM today or CNNMoney.com, the Dow Jones Industrial Average closed today at $10,018.58 or at $10,015.86.

Nickels and Dimes.

The real news stems from this statement in the WSJ Alert: “The 10000 level on the Dow is still 29.4% below its record close of 14164.53 hit on Oct. 9, 2007.” It never ceases to amaze me that our money mavens can ignore the Time Value of Money any time it suits their purposes.

Comparing apples to apples, here are the real numbers. The current value of $14,164.53 adjusted for the current inflation rate of 3.58% (you could look it up) is $15,222.49, making the difference between today’s close and the all-time high (adjusted for inflation) $5,206.63.

This is 34.204 percent short of the all-time high. To put that in perspective, the difference between 29.4% and 34.204% times a median annual income of $58,000 comes to $2,786.32.

Remember this EVERY time you read ANYTHING about the economy, especially if the government has released it. If it does not take into account the Time Value of Money, it is not worth the paper or the bandwidth it is written on.

(c) 2009 Dan Martin

Patriot Act still unconstitutional

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www.lagunajournal.com www.usborderfirereport.com

By Michael Webster Syndicated Investigative Reporter: April 18, 2009 at 12:00 PM PST-Revised Oct 12, 2009 at 12:00 Pm PDT

 michaelweb_45055_2009-04-17%2015-32-24_531

Last week, the Senate Judiciary Committee voted to reauthorize three expiring provisions in the USA PATRIOT Act. While the bill they passed allegedly strengthened civil liberties in reality, the Committee failed to make any meaningful improvements to the Patriot provisions that violate citizen’s basic rights. Strangely, the Obama Administration played a significant behind the scene role in opposing stronger civil liberties protections, directly contradicting Obama’s positions as a Senator. More

The Public Relations Machine for the Vaccine Complex: the role of the CDC

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by Richard Gale and Gary Null
Global Research, October 8, 2009

dees%20vaccination%20planet3inch_medOne hard lesson we should have learned after Wall Street’s collapse and the government’s handling of the bailout is that there is no reason, whatsoever, for us to sacrifice our good faith and trust in former bankers who now run the Treasury and Federal Reserve. And now as the flu season gets ready to kick off amidst much fanfare and predictions of doom due to a new H1N1 influenza virus, there is emerging sufficient information to raise very serious doubts whether our nation’s health authorities are truly serving the public health instead of commercial interests.

If the flu season goes according to schedule, the vaccine industrial complex will be poised to join Wall Street for record year rip-off profits. We will also likely witness huge Pharma executive bonuses and perhaps gold-plated toilets. Even if the CDC statisticians’ crystal ball used to forecast rampant swine flu infections turns into a complete bust—which would only be one more added to many other failed flu predictions back to 1976—it will nevertheless be a very profitable failure as was the economic collapse for the banking cartel. The vaccine industry has now received orders in the range of 3 billion doses during the course of the coming flu season. The World Health Organization would like to vaccinate two thirds (4 billion) of the global community, and the US alone is spending $2 billion to stockpile the nation with upwards to 250 million doses.

In the US, such profits could never be accomplished without a dynamic, marketing initiative to convince Americans that vaccines will keep them protected and alive. And what better public relations machine for the vaccine complex, and all its supporters in health insurance and professional medical institutions, than our very own Centers for Disease Control and the Department of Health and Human Services. 

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