I am currently reading the book “The Pentagons Brain, An Uncensored History of DARPA" based upon the things that DARPA and ARPA created and how the developments came to light 20 years later. It is entirely possible that the US government created crypto currencies to pay for nefarious activities by the CIA in foreign countries. I have not been able to validate the following paper and I leave it up to you to make your own assessment. .....Aivars
Wednesday, June 6, 2018
Wednesday, May 23, 2018
I have observed in Europe, where Roundup use is prohibited, that Americans who claim intolerance to gluten are able to eat the bread without any side effects. I wonder if this is actually poisoning of Americans by the farmers using Round Up as opposed to Gluten intolerance? On a personal trip to Italy the mayor of a city in Piedmonte told me that cancer rates were through the roof 20 years ago and they assumed a direct link with Roundup. They banned the use and went back to traditional methods of weed control such as ploughing the weeds back into the soil. Not surprisingly there is a study being promoted in Italy to study the cancerous effect of round up..... Aivars.
By Dr. Mercola
In recent years, concerns over the health effects of glyphosate — the active ingredient in Roundup and other weed killer formulations — has risen exponentially. Researchers have discovered it not only may be carcinogenic,1 but may also affect your body’s ability to produce fully functioning proteins, inhibit the shikimate pathway (found in gut bacteria) and interfere with the function of cytochrome P450 enzymes(required for activation of vitamin D and the creation of nitric oxide and cholesterol sulfate).
Glyphosate also chelates important minerals, disrupts sulfate synthesis and transport, interferes with the synthesis of aromatic amino acids and methionine, resulting in folate and neurotransmitter shortages, disrupts your microbiome by acting as an antibiotic, impairs methylation pathways, and inhibits pituitary release of thyroid stimulating hormone, which can lead to hypothyroidism.2,3
Now, government researchers warn the Roundup formula is far more toxic than glyphosate alone. As reported by investigative journalist Carey Gillam:4
“The tests5 are part of the U.S. National Toxicology Program’s (NTP) first-ever examination of herbicide formulations made with the active ingredient glyphosate, but that also include other chemicals. While regulators have previously required extensive testing of glyphosate in isolation, government scientists have not fully examined the toxicity of the more complex products sold to consumers, farmers and others.”
Toxicology Testing Long Overdue
The NTP testing was done by request from the U.S. Environmental Protection Agency (EPA) following the International Agency for Research on Cancer (IARC) reclassification of glyphosate as a Class 2A probable carcinogen three years ago.6 At the time, the IARC noted concerns about glyphosate formulations possibly having increased toxicity due to synergistic interactions.
As it turns out, that’s exactly what the NTP testing found. According to the NTP’s summary of the results, glyphosate formulations “significantly altered” the viability of human cells by disrupting the functionality of cell membranes. Mike DeVito, acting chief of the NTP Laboratory, told Gillam, “We see the formulations are much more toxic. The formulations were killing the cells. The glyphosate really didn’t do it.”
While first-phase results do not indicate that weed killers like Roundup are carcinogenic, it does show that the formulations are more toxic than glyphosate in isolation (for which evidence of carcinogenic potential does exist), and that they have the ability to kill human cells.
Jennifer Sass, who works as a scientist with the Natural Resources Defense Council, added, “This testing is important, because the EPA has only been looking at the active ingredient. But it’s the formulations that people are exposed to on their lawns and gardens, where they play and in their food.”
Despite public assurances that Roundup is harmless, internal documents from Monsanto, obtained through previous Freedom of Information Act (FOIA) requests, reveal the company itself is unclear about the toxicity of Roundup as it has not been thoroughly studied. Internal discussions also reveal Monsanto employees have not been convinced the product is harmless. For example, in a 2002 email, Monsanto executive William Heydens said, “Glyphosate is OK but the formulated product … does the damage.”7
A 2003 company email8 from Monsanto toxicologist Donna Farmer, Ph.D., states, “You cannot say that Roundup is not a carcinogen … we have not done the necessary testing on the formulation to make that statement. The testing on the formulations are not anywhere near the level of the active ingredient.”
Farmer also adds that, “We cannot support the statement about ‘no adverse effects whatsoever on flora, or fauna or on the human body.’ Adverse effects are seen on flora (glyphosate is meant to kill vegetation), adverse effects on fauna — in studies with laboratory animals — even death is seen (LDS0 studies for example) …” Yet another company email sent in 2010 said,9 “With regards to the carcinogenicity of our formulations we don’t have such testing on them directly.”
Despite such internal discussions and doubts, in its “Benefits and Safety of Glyphosate” report published last year,10 Monsanto continues to claim that “Glyphosate-based herbicides are supported by one of the most extensive worldwide human health and environmental effects databases ever compiled for a pesticide product. Comprehensive toxicological and environmental fate studies conducted over the last 40 years have time and again demonstrated the strong safety profile of this widely used herbicide.”
Ramazzini Institute Seeking Donations for Global Safety Study
The highly respected Ramazzini Institute in Italy — which recently confirmed the link between cellphone radiation and Schwann cell tumors found by NTP researchers11,12,13 — is now raising funds14 to perform a comprehensive, global glyphosate study. Stage 1 would investigate the chemical’s carcinogenicity and chronic toxicity potential. The Institute explains its decision to look for public funding:
“Aiming to produce independent and solid scientific evidence, the Ramazzini Institute has decided not to accept any funding for the study from the industry that produces glyphosate-based herbicides or from the organic farming or food industry — to avoid all conflicts of interest.
Do you want to know if glyphosate is safe for you and your family? If you do, you can now help fund a study that you can trust. This is the most comprehensive independent study ever on the World’s most used herbicide, the study that you and your family deserve!”
Tuesday, May 22, 2018
Hang on what did they say? In this article it talks about how the sea level was 210 feet lower 60,000 years ago allowing aborigines to migrate to Australia easily! How many cars were there then? Why did the sea level rise? Aivars
Monday, May 21, 2018
He bet against it, I wrote about it - the collapse of CDO’s. We are both in agreement about crypto currencies. The underlying blockchain and the use of tokens for electronic contracts is where the merit lies. Eliminating rafts of unnecessary brokers, processes and providing transparency and visibility in originating transactions is where value will be created....... Aivars
About time that people are focusing on quality of food vs the farmer like Gargiulo who creates tasteless products. He focuses on benefiting his own bottom line having created tasteless non nutritious products that look fantastic and do not bruise, consequently educating whole generations of bland palettes..... Aivars
Science is already bringing us more sustainable, flavorful cuisine in the form of engineered seeds, plant-based proteins and electronically traceable seafood. But producers, chefs and restaurateurs are still struggling with how to bring these novel—and often pricey—foods to Americans who live outside coastal cities.
Instead of the industry working to convince the average consumer to forgo meat, food experts at the Future of Everything Festival offered another solution: make affordable, healthy, delicious and convenient alternatives.
“Animals as a food production system are the most destructive food technology on earth,” said Patrick Brown, founder and CEO of Impossible Foods, maker of a plant-protein burger designed to taste (and bleed) like beef. “The only way to solve the problem is by beating that technology in the marketplace.”
To that end, the Impossible Burger will soon be available at the Cheesecake Factory which has 214 locations across the U.S. and Canada, according to its website, as well as at about 400 White Castle locations nationwide, up from 140 last month, Mr. Brown said.
To that end, the Impossible Burger will soon be available at all 199 U.S. locations of the Cheesecake Factory, Mr. Brown said. The burger is also served at 140 White Castle locations nationwide, and the company hopes to eventually expand into all 400 White Castles.
Others are tackling the issue at seed level. At Row7 Seed Company, chef Dan Barber and breeder Michael Mazourek are deploying plant genealogy, computer modeling and field sensors to create flavor-packed vegetables served beyond the white-cloth-covered tables of Blue Hill at Stone Barns, Mr. Barber’s restaurant in Pocantico Hills, N.Y.
Even as more eaters demand quality food, “stores will charge a bit more for whole wheat pasta [because] whoever’s buying it will pay a premium,” said Sam Kass, former White House chef and founder of Trove, an advisory firm.
For restaurateur Kimbal Musk, the goal is to serve “real food” at a price point competitive with Chili’s or Applebee’s. He is working with local farmers and using automation to keep costs down, he said. A tech-enabled oven, for example, can sear and braise pork, enabling cooks with much less training to make the dish.
By Wall Street Journal Tech
Tuesday, May 8, 2018
I have been talking about potential unfunded pension liabilities for some time now. I have watched unsustainable acquisitions being made by many different entities over the last 5 years. Multiples of up to 20 times EBITDA are being paid with high multiples of debt, all at a time when a significant number of industries are under attack from new business models such as Amazon. When will these pension funds have to become liquid in order to pay their retirees and will that cause the next stock market crash? ...Aivars
Public pension fund projections don’t always match actual experience
The value of investments by public pension funds declined last quarter, widening the gap between what these funds say they will earn and what they actually earn.
Pension funds across the U.S. must each year estimate how much they expect to earn on investments—a projection that determines the amount the government that is affiliated with the pension fund must pay into it. Robust returns reduce the need for government support.
But forecasts don’t always square with funds’ actual experience. Retirement plans across the country still project their investments will grow at a median rate of 7.25%, according to Wilshire Consulting, an adviser to pension funds. Yearly returns on public pension plans have returned a median 6.79% over the past decade and 6.49% over the past 20 years, according to Wilshire Trust Universe Comparison Service, a database.
Unlike corporations, public pensions have wide latitude in projecting investment returns.
In the first quarter, public plans lost a median 0.23%, according to Wilshire Trust Universe Comparison Service. Such a lackluster return will serve as a stark reminder to the public officials who manage billions of dollars in pensions for America’s firefighters, police and other public workers of the daunting shortfalls many funds face.
“With all of the major asset classes falling it was pretty tough for investors to have any positive returns. They didn’t have much of a chance to make money,” said Robert J. Waid, managing director at Wilshire Associates.
Public retirement systems had an average 72% of assets they need to pay for retirement promises in 2016, according to the latest data available in the Public Plans Database, which tracks about 170 pension funds. The figure a decade earlier was 85%.
Before the first quarter, pension plans had experienced nine quarters of positive returns. That rise had brightened the picture for public retirement systems and closed some of the gap between expectations and reality.
These pension funds have also steadily narrowed this gap on their own. Three quarters of the 129 state pension plans monitored by the National Association of State Retirement Administrators have reduced their investment return assumption since fiscal year 2014.
But government officials seeking to make their investment targets more conservative have a powerful disincentive: High returns assumptions appeal to elected leaders because they reduce the amount governments need to set aside to cover pension promises. For some, pensions have already caused budget pressure.
Companies don’t have the same flexibility to set return expectations on their pension plans. Pension plans sponsored by S&P 1500 companies have an average 87% of assets needed to cover their pensions promises, according to Mercer, a consultancy.
California and its school districts will have to pay a projected $15 billion or more into the state’s public worker pension plan over the next 20 years after the plan, known as Calpers, in 2016 decided to reduce its investment target to 7% from 7.5% over a three-year period.
Other governments—loathe to cut services or increase taxes—have made a riskier choice, putting more of their money into riskier investments with higher expected returns, such as real estate, commodities, hedge funds and private-equity holdings.
These so-called alternative investments rose to 26% of holdings at about 150 of the biggest U.S. funds in 2016, according to the Public Plans Database, compared with 7% more than a decade earlier.
“They’re taking a lot risk in their plans with high allocations to equity and other return seeking assets,” said Ed Bartholomew, a consultant. “Someone is bearing that risk and the question should always be ‘who is bearing that risk?’”
Birmingham, Alabama, even raised its target rate on one of its pension funds to 7.5% from 7% in 2016 after moving some of the money out of fixed-income investments and into equities. The move made the city’s annual contribution to the Retirement and Relief System less costly than it otherwise would have been.
“Why Birmingham changed the investment rate return…is a bit questionable,” said Richard Ciccarone, president and chief executive of Merritt Research Services LLC, a research firm.
A city finance official said in an email that the state had reduced the amount of fixed-income investments the fund was required to hold and now “allows greater flexibility for investment management.” He said the change was made with the advice of an actuary and an investment consultant.
But Tom Aaron, senior analyst, Moody’s Investors Service said the temporary budget relief comes at a price.
“You’re supplanting a budgetary contribution with increased risk taking. If those (investment) assumptions don’t pan out that’s going to result in higher than expected budgetary contributions down the road.”
By Heather Gillers - Wall Street Journal
Monday, May 7, 2018
So the trader gets the blame. High frequency trading in effect does the same and yet that is legal. That seems to me like hypocrisy. Aivars