The Derivatives Shell Game

The Wall Street Journal reports that your Congress is considering measures that would “improve transparency and reduce risk in the derivatives market.” It is not surprising that there are obstacles to such reform. The Republicans oppose anything that might make the Democrats look good. The Big Banks oppose anything that might intrude upon their Privatize The Gains, Socialize The Losses (PGSL) business model and thus restrict their ability to take crazy risks to make obscene amounts of money.

The new politics of community action

The enthusiasm of the Cameron Tories for community development and localism, and its convergence with the New Labour and Lib Dem ‘community empowerment’ agendas, suggests it is time to ask whether community development and community action, once a radical force in local politics, has been efectively depoliticised and incorporated as an arm of government. Has community radicalism been silenced, or is it more complicated than that?

Social Security and Medicare funding issues: even worse when one considers resource constraints

When we think about the taxes and the federal deficit, we don’t usually think of Social Security and Medicare, because in government lingo, the payments we make for these programs aren’t taxes, they are contributions, and the funding deficit for these programs is not taken into account in determining the federal deficit.

US Regulation of GMOs Called into Question in Reuters Report

At last, some thorough reporting on genetically modified organisms (GMOs) in the mainstream media. Reuters reporter Carey Gillam takes a look at the weaknesses in the US regulatory framework for GMOs, and the resulting blockade against independent research, and thus gives context to the current consumer backlash to GMOs worldwide.

Tipping point: near-term systemic implications of a peak in global oil production – collapse dynamics

The period since the end of the last ice age provided the large-scale stability in which human civilisation emerged. Climatic stability provided the opportunity for diverse human settlements to ‘bed’ down over generations. This formed the basis upon which knowledge, cultures, institutions, and infrastructures could build complexity and capability over generations without, by and large, having it shattered by extreme drought or flooding outside their capacity to adapt. (excerpt)

DIY health for all!!!

Cachexia is a term which means being in a general bad state of health, seemingly referring to the American medical system and the health of Americans in general. Rather than taking a reactive approach to health care (such as taking pills to mask symptoms), do-it-yourself (diy) health involves taking a proactive approach–claiming and maintaining health as a normal condition of daily living.