The Era of Fraud

Mar 24th, 2008 | By | Category: Economics, Environmental

The deadly, fraudulent, heparin sold by a Chinese manufacturer to Baxter shares much with the deadly, fraudulent, wheat gluten and gluttonous, fraudulent, financial crisis. These frauds are not accidents, slips of care, but rather deliberate attempts to game tests of quality, to turn garbage into gold. The toxic wheat gluten was doped with melamine, in […]

Compromised Energy

Feb 19th, 2008 | By | Category: Environmental

Today, for the first time ever, oil ended the day above $100 a barrel. It won’t last. The last time oil hit these levels (adjusted for inflation) was in 1980, after the throes of the Iranian revolution. The sudden drop in supply shot prices upwards. Before that, during the oil embargo of 1973, oil simply […]