Ten Things You’re Not Supposed to Know about the Swine Flu Vaccine
July 28, 2009
Natural News
by Mike Adams
Let’s not beat around the bush on this issue: The swine flu vaccines now being prepared for mass injection into infants, children, teens and adults have never been tested and won’t be tested before the injections begin. In Europe, where flu vaccines are typically tested on hundreds (or thousands) of people before being unleashed on the masses, the European Medicines Agency is allowing companies to skip the testing process entirely.
And yet, amazingly, people are lining up to take the vaccine, absent any safety testing whatsoever. When the National Institutes of Health in the U.S. announced a swine flu vaccine trial beginning in early August, it was inundated with phone calls and emails from people desperate to play the role of human guinea pigs. The power of fear to herd sheeple into vaccine injections is simply amazing…
Back in Europe, of course, everybody gets to be a guinea pig since no testing will be done on the vaccine at all. Even worse, the European vaccines will be using adjuvants — chemicals used to multiply the potency of the active ingredients in vaccines.
Notably, there is absolutely no safety data on the use of adjuvants in infants and expectant mothers — the two groups being most aggressively targeted by the swine flu vaccine pushers. The leads us to the disturbing conclusion that the swine flu vaccine could be a modern medical disaster. It’s untested and un-tried. Its ingredients are potentially quite dangerous, and the adjuvants being used in the European vaccines are suspected of causing neurological disorders.
I probably don’t need to remind you that in 1976, a failed swine flu vaccine caused irreparable damage to the nervous systems of hundreds of people, paralyzing many. Medical doctors gave the problem a name, of course, to make it sound like they knew what they were talking about: Guillain-Barre syndrome. (Notably, they never called it “Toxic Vaccine Syndrome” because that would be too informative.)
But the fact remains that doctors never knew how the vaccines caused these severe problems, and if the same event played out today, all the doctors and vaccine pushers would undoubtedly deny any link between the vaccines and paralysis altogether. (That’s what’s happening today with the debate over vaccines and autism: Complete denial.)
In fact, there are a whole lot of things you’ll never be told by health authorities about the upcoming swine flu vaccine. For your amusement, I’ve written down the ten most obvious ones and published them below.
Ten Things You’re Not Supposed to Know about the Swine Flu Vaccine
(At least, not by anyone in authority…)
#1 – The vaccine production was “rushed” and the vaccine has never been tested on humans. Do you like to play guinea pig for Big Pharma? If so, line up for your swine flu vaccine this fall…
#2 – Swine flu vaccines contain dangerous adjuvants that cause an inflammatory response in the body. This is why they are suspected of causing autism and other neurological disorders.
Click here for the full list from NaturalNews.com
Soda Tax Could Combat Obesity
July 28, 2009 by Brandy
Filed under Government
July 27, 2009
CBS News
by Stephanie Condon
While Democrats await the results of bipartisan negotiations over health care reform in the Senate Finance Committee, one of the proposals put before the committee received a nod of approval from health officials today: taxing soda.
The committee — the last congressional panel expected to produce its own recommendations for health care reform — listened to arguments earlier this year both for and against imposing a three-cent tax on sodas as well as other sugary drinks, including energy and sports drinks like Gatorade.
The Congressional Budget Office estimates that a three-cent tax would generate $24 billion over the next four years, and proponents of the tax argued before the committee that it would lower consumption of sugary drinks and improve Americans’ overall health.
At the Centers for Disease Control and Prevention’s “Weight of the Nation” conference today, CDC chief Dr. Thomas Freiden said increasing the price of unhealthy foods “would be effective” at combating the nation’s obesity problem, reports CBS News chief political consultant Marc Ambinder.
Freiden said he was not endorsing the tax as a member of the administration but was “just presenting the science,” according to Ambinder. He also said policies that would reduce the cost of healthy foods would effectively bring down obesity rates.
Obesity-related health spending reaches $147 billion a year, double what it was nearly a decade ago, according to a study published Monday by the journal Health Affairs.
Given that evidence, the argument goes, a soda tax could plausibly pay for health care reform both by raising revenues and bringing down the medical expenses associated with obesity.
“It is extremely difficult in reality to make such a snapshot estimate of something so complicated as obesity,” Ambinder notes. “This is one reason why researchers in the field tend to focus on suffering and disparities within populations, rather than aggregate cost.”
Even though the growth rates of American obesity are leveling off overall, he points out, the rate is not slowing among African American women, Hispanics, Native Americans, or among poorer Americans.
Those opposed to the soda tax, however, are also emphasizing the impact it could have on poor Americans. The American Beverage Association, which strongly opposes the tax, told the Wall Street Journal the tax would hit poor Americans the hardest.
The association announced this month it has formed a coalition called Americans Against Food Taxes to oppose the soda tax, the Hill newspaper reported. Made up of 110 organizations opposed to raising taxes on food and beverages to pay for health reform, the group is running an advertisement that shows a family enjoying soda on a camping trip.
Given the current state of the economy, the ad says, “this is no time for Congress to be adding taxes on the simple pleasures we all enjoy.”
Click here for the full report from CBS News.
Jackson Doc Gave Him Drug Before Death
July 27, 2009
My Way News
by Thomas Watkins
Michael Jackson’s personal doctor administered a powerful anesthetic to help him sleep, and authorities believe the drug is what killed the pop singer, a law enforcement official told The Associated Press on Monday.
The official, who spoke on condition of anonymity because the investigation is ongoing, said Jackson regularly received propofol to sleep, a practice far outside the drug’s intended purpose. On June 25, the day Jackson died, Dr. Conrad Murray gave him the drug sometime after midnight, the official said.
Though toxicology reports are pending, investigators are working under the theory that propofol caused Jackson’s heart to stop, the official said.
Murray, 51, has been identified in court papers as the subject of a manslaughter investigation and authorities last week raided his office and a storage unit in Houston. Police say Murray is cooperating and have not labeled him a suspect.
Murray’s lawyer, Edward Chernoff, has said the doctor “didn’t prescribe or administer anything that should have killed Michael Jackson.” When asked Monday about the law enforcement official’s statements he said: “We will not be commenting on rumors, innuendo or unnamed sources.”
Murray became Jackson’s personal physician in May and was to accompany him to London for a series of concerts starting in July. He was staying with Jackson in a rented Los Angeles mansion and, according to Chernoff, found an unconscious Jackson in the pop star’s bedroom the morning of June 25. Murray attempted to revive him but could not.
Police searching Jackson’s home after his death found propofol and other drugs, an IV line and three tanks of oxygen in Jackson’s bedroom, and 15 more oxygen tanks in a security guard’s shack.
Propofol can depress breathing and lower heart rates and blood pressure. Because of the risks, propofol is only supposed to be administered in hospitals. Instructions on the drug’s package warn that patients must be continuously monitored, and that equipment to maintain breathing, to provide artificial ventilation, and to administer oxygen if needed “must be immediately available.”
Jackson had trouble sleeping and the official said he enlisted various doctors to administer propofol, relying on the drug like an alarm clock. He would decide what time he wanted to awaken and at the appointed hour a doctor would stop the intravenous drip that delivered the drug, the official said.
Click here for the full story from My Way News.
Makers of Swine Flu Vaccine Can’t Be Sued
July 18, 2009
Associated Press
by Mike Stobbe
ATLANTA — The last time the government embarked on a major vaccine campaign against a new swine flu, thousands of people filed claims contending they suffered side effects from the shots. This time, the government has already taken steps to prevent that.
Vaccine makers and federal officials will be immune from lawsuits that result from any new swine flu vaccine, under a document signed by Secretary of Health and Human Services Kathleen Sebelius, government health officials said Friday.
Since the 1980s, the government has protected vaccine makers against lawsuits over the use of childhood vaccines. Instead, a federal court handles claims and decides who will be paid from a special fund.
The document signed by Sebelius last month grants immunity to those making a swine flu vaccine, under the provisions of a 2006 law for public-health emergencies. It allows for a compensation fund, if needed.
The government takes such steps to encourage drug companies to make vaccines, and it has worked. Federal officials have contracted with five manufacturers to make a swine flu vaccine. First identified in April, swine flu has so far caused about 263 deaths, according to numbers released by the Centers for Disease Control and Prevention on Friday.
The CDC said more than 40,000 Americans have had confirmed or probable cases, but those are people who sought health care. It’s likely that more than 1 million Americans have been sickened by the flu, many with mild cases.
The virus hits younger people harder than seasonal flu, but so far hasn’t been much more deadly than the strains seen every fall and winter. But health officials say the virus could mutate to a more dangerous form, or at least contribute to a potentially heavier flu season than usual.
“We do expect there to be an increase in influenza this fall,” with a bump in cases perhaps beginning earlier than normal, said Dr. Anne Schuchat, director of the CDC’s National Center for Immunization and Respiratory Diseases.
On Friday, the Food and Drug Administration approved the regular winter flu vaccine, a final step before shipments to clinics and other vaccination sites could begin.
The last time the government faced a new swine flu virus was in 1976. Cases of swine flu in soldiers at Fort Dix, N.J., including one death, made health officials worried they might be facing a deadly pandemic like the one that killed millions around the world in 1918 and 1919.
Federal officials vaccinated 40 million Americans during a national campaign. A pandemic never materialized, but thousands who got the shots filed injury claims, saying they suffered a paralyzing condition called Guillain-Barre Syndrome or other side effects.
“The government paid out quite a bit of money,” said Stephen Sugarman, a law professor who specializes in product liability at the University of California at Berkeley.
Vaccines aren’t as profitable as other drugs for manufacturers, and without protection against lawsuits “they’re saying, ‘Do we need this?’” Sugarman said.
The move to protect makers of a swine flu didn’t go over well with Paul Pennock, a prominent New York plaintiffs attorney on medical liability cases. The government will probably call on millions of Americans to get the vaccinations to prevent the disease from spreading, he noted.
“If you’re going to ask people to do this for the common good, then let’s make sure for the common good that these people will be taken care of if something goes wrong,” Pennock said.
Click here to for the full story from Associated Press.
Lobbyists Spend Millions to Influence Health Care
July 21, 2009
Washington Post
By Dan Eggen
Drugmakers, hospitals and insurers continued to pour millions of dollars into lobbying during the second quarter of this year, hoping to limit the damage to their bottom line as lawmakers and the Obama administration wrangle over landmark health-care legislation.
New disclosure reports that began arriving Monday in Congress showed familiar players at the top of the health-care influence heap, including $6.2 million in lobbying by the dominant Pharmaceutical Research and Manufacturers of America (PhRMA) and $4 million by the American Medical Association.
Many health companies and associations increased their first-quarter lobbying expenditures, sometimes dramatically. The Blue Cross and Blue Shield Association upped its lobbying expenditures by a full million, to 2.8 million dollars in the second quarter; GlaxoSmithKline’s spending jumped from $1.8 million to $2.3 million; Novartis grew from $1.4 million to $1.8 million; and Metlife Group reported $1.7 million, up nearly 50 percent. Allstate, which spent less than $900,000 on lobbying through March, boosted its spending to more than $1.5 million from April to June.
Others simply kept up the pace, including Johnson & Johnson at $1.6 million and America’s Health Insurance Plans and Bayer Corp. both approaching $2 million in spending from April to June. The AMA has spent a total of $8.2 million on lobbying through June of this year.
Final aggregate numbers are likely a day or two away as reports continue to trickle in and get tallied by journalists and watchdog groups. But the data so far suggest that the second quarter has a good chance of reaching a new high for the health-care lobby. The industry already set records from January to March, when health-care firms and their lobbyists spent money at the rate of $1.4 million a day.
There were a few surprising examples of declines, however, most notably PhRMA, which reported spending about $700,000 less than it did in the first quarter. But consider that PhRMA spent $8.6 million in the first half of 2008 — just two thirds of what they’ve spent so far this year.
Click here to read the full report from the Washington Post.
Artificial Brain ’10 Years Away’
July 22, 2009
BBC News
By Jonathan Fildes
A detailed, functional artificial human brain can be built within the next 10 years, a leading scientist has claimed.
Henry Markram, director of the Blue Brain Project, has already simulated elements of a rat brain.
He told the TED Global conference in Oxford that a synthetic human brain would be of particular use finding treatments for mental illnesses.
Around two billion people are thought to suffer some kind of brain impairment, he said.
“It is not impossible to build a human brain and we can do it in 10 years,” he said.
“And if we do succeed, we will send a hologram to TED to talk.”
‘Shared fabric’
The Blue Brain project was launched in 2005 and aims to reverse engineer the mammalian brain from laboratory data.
In particular, his team has focused on the neocortical column – repetitive units of the mammalian brain known as the neocortex.
“It’s a new brain,” he explained. “The mammals needed it because they had to cope with parenthood, social interactions complex cognitive functions.
“It was so successful an evolution from mouse to man it expanded about a thousand fold in terms of the numbers of units to produce this almost frightening organ.”
And that evolution continues, he said. “It is evolving at an enormous speed.”
Over the last 15 years, Professor Markram and his team have picked apart the structure of the neocortical column.
“It’s a bit like going and cataloguing a bit of the rainforest – how may trees does it have, what shape are the trees, how many of each type of tree do we have, what is the position of the trees,” he said.
“But it is a bit more than cataloguing because you have to describe and discover all the rules of communication, the rules of connectivity.”
The project now has a software model of “tens of thousands” of neurons – each one of which is different – which has allowed them to digitally construct an artificial neocortical column.
Although each neuron is unique, the team has found the patterns of circuitry in different brains have common patterns.
“Even though your brain may be smaller, bigger, may have different morphologies of neurons – we do actually share the same fabric,” he said.
“And we think this is species specific, which could explain why we can’t communicate across species.”
World view
To make the model come alive, the team feeds the models and a few algorithms into a supercomputer.
“You need one laptop to do all the calculations for one neuron,” he said. “So you need ten thousand laptops.”
Instead, he uses an IBM Blue Gene machine with 10,000 processors.
Simulations have started to give the researchers clues about how the brain works.
For example, they can show the brain a picture – say, of a flower – and follow the electrical activity in the machine.
“You excite the system and it actually creates its own representation,” he said.
Ultimately, the aim would be to extract that representation and project it so that researchers could see directly how a brain perceives the world.
But as well as advancing neuroscience and philosophy, the Blue Brain project has other practical applications.
For example, by pooling all the world’s neuroscience data on animals – to create a “Noah’s Ark”, researchers may be able to build animal models.
“We cannot keep on doing animal experiments forever,” said Professor Markram.
It may also give researchers new insights into diseases of the brain.
“There are two billion people on the planet affected by mental disorder,” he told the audience.
The project may give insights into new treatments, he said.
The TED Global conference runs from 21 to 24 July in Oxford, UK.
The Kevin Trudeau Show: 07-22-09
Today, Kevin Trudeau rails on the government!!! Find out why…
Michael Savage is Banned in Britain.
The US Patriot Act is Similar to Adolf Hitlers Enabling Act
Chicago Parking Meter is an Outrage.
Political Advisers Make Hundreds of Thousands a Year in Tax Dollars.
Farm-Raised Fish are Dangerous.
Thyroid Drugs Cause Cancer
Vaccines are DANGEROUS
Drug Resistant TB is next!!
Take Trudeau on the Go! Click here to download this show to your iPod, mp3 player, or PC at iTunes! Don’t forget to subscribe to the RSS feed to get The Kevin Trudeau Show automatically sent to your player of choice and never miss a must-hear Kevin Trudeau Show!
Click below to hear The Kevin Trudeau Show!
Phone Gadget to Diagnose Disease
July 22, 2009
BBC News
Researchers have developed an add-on to a mobile phone that can take detailed images and analyse them to diagnose diseases such as tuberculosis.
The CellScope works as a so-called fluorescence microscope that can identify the markers of disease.
It is hoped the device will be useful in the developing world, where such medical diagnostics are rare but mobile ownership and coverage are common.
The research is published in the free-access journal PLoS ONE.
The CellScope is made up of conventional microscope optics as well as some equipment to make it function as a fluorescence microscope.
Fluorescence occurs when certain molecules are illuminated with a certain colour and “shine” for a period in a different colour.
Fluorescent “tagging” molecules can be specially designed to latch on to, for instance, the bacteria that are a sign of tuberculosis (TB).
But diagnosing tuberculosis requires a fluorescence microscope, which can illuminate a blood sample that has been treated with “tagging” molecules and detect just the light that those molecules emit with great sensitivity.
However, typical fluorescence microscopes are bulky, expensive devices limited to hospitals and laboratories.
“There are other people who have been working on developing portable fluorescent microscopes,” said David Breslauer, a University of California Berkeley researcher and lead author of the study.
“The innovation on our front is that we’ve integrated that with a cell phone rather than just making a standalone microscope.”
The researchers used a standard Nokia handset with a 3.2 megapixel camera, developing a “snap-on” addition that includes the microscope optics and a holder for blood samples on glass slides.
The CellScope uses cheap commercial light-emitting diodes as the light source – in place of the high-power, gas-filled lamps used in laboratory versions of the device, and cheap optical filters to isolate the light coming from the fluorescent tags.
The device has a resolution of just over one millionth of a metre, and the team was able to identify tuberculosis bacteria in a sample. Several other tagging molecules are in development to address the diagnosis of other diseases.
Upon the removal of the filters, they were able to use the CellScope as a standard, white-light microscope, identifying malaria parasites and the misshapen cells typical of sickle cell anaemia.
‘Portable clinic’
Mr Breslauer says that more than just a camera, the incorporation of a mobile phone “gives us access to the computational power of the phone as well as the mobile communications aspect”.
That computational power could be put to use in running image analysis software, which could easily be built into a small application that the phone runs.
But it is the mobile communication aspect that makes the device particularly useful for use “in the field”.
“In many developing world and rural areas, you could be hundreds of miles from hospitals or miles away from power – but the mobile infrastructure is well-established and pretty much blanketing the globe,” Mr Breslauer said.
“So if you can have a portable, battery-operated system to take these images, analyse, and transfer them, you’re creating a portable healthcare clinic. Your doctor can see your samples without actually having to be present.”
The team is now making a more robust, “field-ready” version of the device, which will be used in field testing and clinical trials in the future.
Kids’ Lower IQ Scores Linked to Prenatal Pollution
July 22, 2009
Associated Press
by Lindsey Tanner
Researchers for the first time have linked air pollution exposure before birth with lower IQ scores in childhood, bolstering evidence that smog may harm the developing brain.
The results are in a study of 249 children of New York City women who wore backpack air monitors for 48 hours during the last few months of pregnancy. They lived in mostly low-income neighborhoods in northern Manhattan and the South Bronx. They had varying levels of exposure to typical kinds of urban air pollution, mostly from car, bus and truck exhaust.
At age 5, before starting school, the children were given IQ tests. Those exposed to the most pollution before birth scored on average four to five points lower than children with less exposure.
That’s a big enough difference that it could affect children’s performance in school, said Frederica Perera, the study’s lead author and director of the Columbia Center for Children’s Environmental Health.
Dr. Michael Msall, a University of Chicago pediatrician not involved in the research, said the study doesn’t mean that children living in congested cities “aren’t going to learn to read and write and spell.”
But it does suggest that you don’t have to live right next door to a belching factory to face pollution health risks, and that there may be more dangers from typical urban air pollution than previously thought, he said.
“We are learning more and more about low-dose exposure and how things we take for granted may not be a free ride,” he said.
While future research is needed to confirm the new results, the findings suggest exposure to air pollution before birth could have the same harmful effects on the developing brain as exposure to lead, said Patrick Breysse, an environmental health specialist at Johns Hopkins’ school of public health.
And along with other environmental harms and disadvantages low-income children are exposed to, it could help explain why they often do worse academically than children from wealthier families, Breysse said.
“It’s a profound observation,” he said. “This paper is going to open a lot of eyes.”
The study in the August edition of Pediatrics was released Monday.
In earlier research, involving some of the same children and others, Perera linked prenatal exposure to air pollution with genetic abnormalities at birth that could increase risks for cancer; smaller newborn head size and reduced birth weight. Her research team also has linked it with developmental delays at age 3 and with children’s asthma.
The researchers studied pollutants that can cross the placenta and are known scientifically as polycyclic aromatic hydrocarbons. Main sources include vehicle exhaust and factory emissions. Tobacco smoke is another source, but mothers in the study were nonsmokers.
A total of 140 study children, 56 percent, were in the high exposure group. That means their mothers likely lived close to heavily congested streets, bus depots and other typical sources of city air pollution; the researchers are still examining data to confirm that, Perera said. The mothers were black or Dominican-American; the results likely apply to other groups, researchers said.
The researchers took into account other factors that could influence IQ, including secondhand smoke exposure, the home learning environment and air pollution exposure after birth, and still found a strong influence from prenatal exposure, Perera said.
Dr. Robert Geller, an Emory University pediatrician and toxicologist, said the study can’t completely rule out that pollution exposure during early childhood might have contributed. He also noted fewer mothers in the high exposure group had graduated from high school. While that might also have contributed to the high-dose children’s lower IQ scores, the study still provides compelling evidence implicating prenatal pollution exposure that should prompt additional studies, Geller said.
The researchers said they plan to continuing monitoring and testing the children to learn whether school performance is affected and if there are any additional long-term effects.
Click here for the full report from the Associated Press.
Fiscal Ruin of the Western World Beckons
July 18, 2009
Telegraph
By Ambrose Evans-Pritchard
Events have already forced Premier Brian Cowen to carry out the harshest assault yet seen on the public services of a modern Western state. He has passed two emergency budgets to stop the deficit soaring to 15pc of GDP. They have not been enough. The expert An Bord Snip report said last week that Dublin must cut deeper, or risk a disastrous debt compound trap.
A further 17,000 state jobs must go (equal to 1.25m in the US), though unemployment is already 12pc and heading for 16pc next year.
Education must be cut 8pc. Scores of rural schools must close, and 6,900 teachers must go. “The attacks outlined in this report would represent an education disaster and light a short fuse on a social timebomb”, said the Teachers Union of Ireland.
Nobody is spared. Social welfare payments must be cut 5pc, child benefit by 20pc. The Garda (police), already smarting from a 7pc pay cut, may have to buy their own uniforms. Hospital visits could cost £107 a day, etc, etc.
“Something has to give,” said Professor Colm McCarthy, the report’s author. “We’re borrowing €400m (£345m) a week at a penalty interest.”
No doubt Ireland has been the victim of a savagely tight monetary policy – given its specific needs. But the deeper truth is that Britain, Spain, France, Germany, Italy, the US, and Japan are in varying states of fiscal ruin, and those tipping into demographic decline (unlike young Ireland) have an underlying cancer that is even more deadly. The West cannot support its gold-plated state structures from an aging workforce and depleted tax base.
As the International Monetary Fund made clear last week, Britain is lucky that markets have not yet imposed a “penalty interest” on British Gilts, given the trajectory of UK national debt – now vaulting towards 100pc of GDP – and the scandalous refusal of this Government to map out any path back to solvency.
“The UK has been getting the benefit of the doubt, both in the Government bond market and also the foreign exchange market. This benefit of the doubt is not going to last forever,” said the Fund.
France and Italy have been less abject, but they began with higher borrowing needs. Italy’s debt is expected to reach the danger level of 120pc next year, according to leaked Treasury documents. France’s debt will near 90pc next year if President Nicolas Sarkozy goes ahead with his “Grand Emprunt”, a fiscal blitz masquerading as investment.
There was a case for an emergency boost last winter to cushion the blow as global industry crashed. That moment has passed. While I agree with Nomura’s Richard Koo that the US, Britain, and Europe risk a deflationary slump along the lines of Japan’s Lost Decade (two decades really), I am ever more wary of his calls for Keynesian spending a l’outrance.
Such policies have crippled Japan. A string of make-work stimulus plans – famously building bridges to nowhere in Hokkaido – has ensured that the day of reckoning will be worse, when it comes. The IMF says Japan’s gross public debt will reach 240pc of GDP by 2014 – beyond the point of recovery for a nation with a contracting workforce. Sooner or later, Japan’s bond market will blow up.
Error One was to permit a bubble in the 1980s. Error Two was to wait a decade before opting for monetary “shock and awe” through quantitative easing.
The US Federal Reserve has moved faster but already seems to think the job is done. “Quantitative tightening” has begun. Its balance sheet has contracted by almost $200bn (£122bn) from the peak. The M2 money supply has stagnated since January. The Fed is talking of “exit strategies”.
Is this a replay of mid-2008 when the Fed lost its nerve, bristling over criticism that it had cut rates too low (then 2pc)? Remember what happened. Fed hawks in Dallas, St Louis, and Atlanta talked of rate rises. That had consequences. Markets tightened in anticipation, and arguably triggered the collapse of Lehman Brothers, AIG, Fannie and Freddie that Autumn.
The Fed’s doctrine – New Keynesian Synthesis – has let it down time and again in this long saga, and there is scant evidence that Fed officials recognise the fact. As for the European Central Bank, it has let private loan growth contract this summer.
The imperative for the debt-bloated West is to cut spending systematically for year after year, off-setting the deflationary effect with monetary stimulus. This is the only mix that can save us.
My awful fear is that we will do exactly the opposite, incubating yet another crisis this autumn, to which we will respond with yet further spending. This is the road to ruin.
Click here for the full story from the Telegraph.
