September 15, 2011
By: Mike Adams, the Health Ranger
One of the most prominent vaccine scientists in the history of the vaccine industry — a Merck scientist — made a recording where he openly admits that vaccines given to Americans were contaminated with leukemia and cancer viruses. In response, his colleagues (who are also recorded here) break out into laughter and seem to think it’s hilarious. They then suggest that because these vaccines are first tested in Russia, they will help the U.S. win the Olympics because the Russian athletes will all be “loaded down with tumors.” (Thus, they knew these vaccines caused cancer in humans.)
This isn’t some conspiracy theory — these are the words of a top Merck scientist who probably had no idea that his recording would be widely reviewed across the internet (which didn’t even exist when he made this recording). He probably thought this would remain a secret forever. When asked why this didn’t get out to the press, he replied “Obviously you don’t go out, this is a scientific affair within the scientific community.”
In other words, vaccine scientists cover for vaccine scientists. They keep all their dirty secrets within their own circle of silence and don’t reveal the truth about the contamination of their vaccines.
Here is the full transcript. (Thanks are due to Dr. Len Horowitz for finding this recording and making it publicly available.)
Transcript of audio interview with Dr. Maurice Hilleman
Dr. Len Horowitz: Listen now to the voice of the worlds leading vaccine expert Dr Maurice Hilleman, Chief of the Merck Pharmaceutical Company’s vaccine division relay this problem he was having with imported monkeys. He best explains the origin of AIDS, but what you are about to hear was cut from any public disclosures.
Dr Maurice Hilleman: and I think that vaccines have to be considered the bargain basement technology for the 20th century.
Narrator: 50 years ago when Maurice Hilleman was a high school student in Miles City Montana, he hoped he might qualify as a management trainee for the local JC Penney’s store. Instead he went on to pioneer more breakthroughs in vaccine research and development than anyone in the history of American medicine. Among the discoveries he made at Merck, are vaccines for mumps, rubella and measles…
Dr Edward Shorter: Tell me how you found SV40 and the polio vaccine.
Dr Maurice Hilleman: Well, that was at Merck. Yeah, I came to Merck. And uh, I was going to develop vaccines. And we had wild viruses in those days. You remember the wild monkey kidney viruses and so forth? And I finally after 6 months gave up and said that you cannot develop vaccines with these damn monkeys, we’re finished and if I can’t do something I’m going to quit, I’m not going to try it. So I went down to see Bill Mann at the zoo in Washington DC and I told Bill Mann, I said “look, I got a problem and I don’t know what the hell to do.” Bill Mann is a real bright guy. I said that these lousy monkeys are picking it up while being stored in the airports in transit, loading, off loading. He said, very simply, you go ahead and get your monkeys out of West Africa and get the African Green, bring them into Madrid unload them there, there is no other traffic there for animals, fly them into Philadelphia and pick them up. Or fly them into New York and pick them up, right off the airplane. So we brought African Greens in and I didn’t know we were importing the AIDS virus at the time.
Miscellaneous background voices:…(laughter)… it was you who introduced the AIDS virus into the country. Now we know! (laughter) This is the real story! (laughter) What Merck won’t do to develop a vaccine! (laughter)
Dr Maurice Hilleman: So what he did, he brought in, I mean we brought in those monkeys, I only had those and this was the solution because those monkeys didn’t have the wild viruses but we…
Dr Edward Shorter: Wait, why didn’t the greens have the wild viruses since they came from Africa?
Dr Maurice Hilleman: …because they weren’t, they weren’t, they weren’t being infected in these group holding things with all the other 40 different viruses…
Dr Edward Shorter: but they had the ones that they brought from the jungle though…
Dr Maurice Hilleman: …yeah, they had those, but those were relatively few what you do you have a gang housing you’re going to have an epidemic transmission of infection in a confined space. So anyway, the greens came in and now we have these and were taking our stocks to clean them up and god now I’m discovering new viruses. So, I said Judas Priest. Well I got an invitation from the Sister Kinney Foundation which was the opposing foundation when it was the live virus…
Dr Edward Shorter: Ah, right…
Dr Maurice Hilleman: Yeah, they had jumped on the Sabin’s band wagon and they had asked me to come down and give a talk at the Sister Kinney Foundation meeting and I saw it was an international meeting and god, what am I going to talk about? I know what I’m going to do, I’m going to talk about the detection of non detectable viruses as a topic.
Dr Albert Sabin …there were those who didn’t want a live virus vaccine… (unintelligible) …concentrated all its efforts on getting more and more people to use the killed virus vaccine, while they were supporting me for research on the live viruses.
Dr Maurice Hilleman: So now I got to have something (laughter), you know that going to attract attention. And gee, I thought that damn SV40, I mean that damn vaculating agent that we have, I’m just going to pick that particular one, that virus has got to be in vaccines, it’s got to be in the Sabin’s vaccines so I quick tested it (laughter) and sure enough it was in there.
Dr Edward Shorter: I’ll be damned
Dr Maurice Hilleman: … And so now…
Dr Edward Shorter: …so you just took stocks of Sabin’s vaccines off the shelf here at Merck…
Dr Maurice Hilleman: …yeah, well it had been made, it was made at Merck…
Dr Edward Shorter: You were making it for Sabin at this point?
Dr Maurice Hilleman: …Yeah, it was made before I came…
Dr Edward Shorter: yeah, but at this point Sabin is still just doing massive field trials…
Dr Maurice Hilleman: …uh huh
Dr Edward Shorter: okay,
Dr Maurice Hilleman: …in Russia and so forth. So I go down and I talked about the detection of non detectable viruses and told Albert, I said listen Albert you know you and I are good friends but I’m going to go down there and you’re going to get upset. I’m going to talk about the virus that it’s in your vaccine. You’re going to get rid of the virus, don’t worry about it, you’re going to get rid of it… but umm, so of course Albert was very upset…
Dr Edward Shorter: What did he say?
Dr Maurice Hilleman: …well he said basically, that this is just another obfuscation that’s going to upset vaccines. I said well you know, you’re absolutely right, but we have a new era here we have a new era of the detection and the important thing is to get rid of these viruses.
Dr Edward Shorter: Why would he call it an obfuscation if it was a virus that was contaminating the vaccine?
Dr Maurice Hilleman: …well there are 40 different viruses in these vaccines anyway that we were inactivating and uh,
Dr Edward Shorter: but you weren’t inactivating his though…
Dr Maurice Hilleman: …no that’s right, but yellow fever vaccine had leukemia virus in it and you know this was in the days of very crude science. So anyway I went down and talked to him and said well, why are you concerned about it? Well I said “I’ll tell you what, I have a feeling in my bones that this virus is different, I don’t know why to tell you this but I …(unintelligible) …I just think this virus will have some long term effects.” And he said what? And I said “cancer”. (laughter) I said Albert, you probably think I’m nuts, but I just have that feeling. Well in the mean time we had taken this virus and put it into monkeys and into hamsters. So we had this meeting and that was sort of the topic of the day and the jokes that were going around was that “gee, we would win the Olympics because the Russians would all be loaded down with tumors.” (laughter) This was where the vaccine was being tested, this was where… so, uhh, and it really destroyed the meeting and it was sort of the topic. Well anyway…
Dr Edward Shorter: Was this the physicians… (unintelligible) …meeting in New York?
Dr Maurice Hilleman …well no, this was at Sister Kinney…
Dr Edward Shorter: Sister Kinney, right…
Dr Maurice Hilleman: …and Del Becco (sp) got up and he foresaw problems with these kinds of agents.
Dr Edward Shorter: Why didn’t this get out into the press?
Dr Maurice Hilleman: …well, I guess it did I don’t remember. We had no press release on it. Obviously you don’t go out, this is a scientific affair within the scientific community…
Voice of news reporter: …an historic victory over a dread disease is dramatically unfolded at the U of Michigan. Here scientists usher in a new medical age with the monumental reports that prove that the Salk vaccine against crippling polio to be a sensational success. It’s a day of triumph for 40 year old Dr. Jonas E Salk developer of the vaccine. He arrives here with Basil O’Connor the head of the National Foundation for Infantile Paralysis that financed the tests. Hundreds of reporters and scientists gathered from all over the nation gathered for the momentous announcement….
Dr Albert Sabin: …it was too much of a show, it was too much Hollywood. There was too much exaggeration and the impression in 1957 that was, no in 1954 that was given was that the problem had been solved , polio had been conquered.
Dr Maurice Hilleman: …but, anyway we knew it was in our seed stock from making vaccines. That virus you see, is one in 10,000 particles is not an activated… (unintelligible) …it was good science at the time because that was what you did. You didn’t worry about these wild viruses.
Dr Edward Shorter: So you discovered, it wasn’t being inactivated in the Salk vaccine?
Dr Maurice Hilleman: …Right. So then the next thing you know is, 3, 4 weeks after that we found that there were tumors popping up on these hamsters.
Dr. Len Horowitz: Despite AIDS and Leukemia suddenly becoming pandemic from “wild viruses” Hilleman said, this was “good science” at that time.
September 15, 2011
By: Agence France-Presse
RALEIGH, North Carolina — US President Barack Obama told fired up supporters Wednesday that if they loved him, they must help pass his jobs bill, injecting more urgency into his push for key legislation.
Obama hit another key 2012 electoral swing state, North Carolina, to hike pressure on Republicans over his $447 billion American Jobs Act which is designed to jolt the economy and ease 9.1 percent unemployment.
One supporter from the raucous crowd shouted to Obama that they loved him, and in a standard response from his 2008 campaign he replied “I love you back” then added a new twist.
“If you love me, you got to help me pass this bill,” Obama said, repeating the line to more cheers.
Obama’s appeal may work with his supportive political base, but will cut little ice with Republicans seeking to exploit his diminished job approval ratings which are at 44 percent in a RealClearPolitics average of recent polls.
The president, on the latest leg of what aides say will be a months-long tour to promote the bill, also complained that some Republicans were against the legislation because they wanted to deprive him of a political victory.
“Give me a win? Give me a break” Obama said, during his pared down stump speech which is peppered with demands that Republicans “pass this bill.”
Republicans however are increasingly dismissing the jobs plan as a political stunt, complaining Obama proposes to finance it by reducing itemized deductions for Americans earning over $200,000 a year and closing corporate tax breaks.
They have said that they are interested in some aspects of the bill which is weighted towards payroll tax cuts and includes infrastructure spending, but may pass those pieces separately, not in the whole bill as Obama demands.
September 15, 2011
By: Will Longbottom
The EU Commission today warned that economic growth in the eurozone will come to a near standstill by the end of the year due to the European debt crisis and turmoil in the financial markets.
In its latest economic forecast, the commission said the financial gloom is likely to persist until spring next year, but it would not result in a double dip recession.
Economic growth in the 17 euro countries will be only 0.1 per cent in the fourth quarter – down from 0.2 per cent in the third.
For the second half as a whole, the commission said it had revised down its prediction from its spring forecast by half a percentage point.
The worsening debt crisis and financial market volatility has dampened economic activity says the forecast.
Olli Rehn, the EU’s economic and monetary affairs commissioner, said: ‘The outlook for the European economy has deteriorated.
September 15, 2011
Have you ever thought about getting your food out of a trash can? Don’t laugh. Dumpster diving has become a hot new trend in America. In fact, dumpster divers even have a trendy new name. They call themselves “freegans”, and as the economy crumbles their numbers are multiplying. Many freegans consider dumpster diving to be a great way to save money on groceries. Others do it because they want to live more simply. Freegans that are concerned about the environment view dumpster diving as a great way to “recycle” and other politically-minded freegans consider dumpster diving to be a form of political protest. But whatever you want to call it, the reality is that thousands upon thousands of Americans will break out their boots, rubber gloves and flashlights and will be jumping into dumpsters looking for food once again tonight.
So is this actually legal?
In some areas, dumpster diving is considered to be legal. In other areas, dumpster divers are technically breaking trespassing laws. Although in most areas the police have so many other problems that they aren’t really concerned about cracking down on dumpster divers.
One of the biggest issues facing dumpster divers is safety. Crawling around in back alleys and side streets in the middle of the night is not exactly the safest thing to do. But the lure of large amounts of free food is enough to keep some people coming back over and over again.
During the recent economic downturn, the popularity of dumpster diving has exploded. Today, there are dumpster diving meetup groups, dumpster divingFacebook groups, and even entire organizations such as Food Not Bombsthat openly encourage their members to go dumpster diving.
If your family was going hungry, would you go dumpster diving?
You might be surprised at who is doing it. Dumpster diving is not just for the homeless and the unemployed anymore. A lot of people that have decent jobs have picked up on the trend.
Just check out the following example from a recent MSNBC article….
A programmer by day, Todd takes to the streets of North Carolina by night, digging through Dumpsters at drug stores and grocery stores all around his rural neighborhood.
“You would be simply amazed at what businesses throw out,” he said. “I’ve only had to buy two loaves of bread all year. … Last week I had a trunk full of cereal, cookies, chips and ramen noodles.”
Todd slinks in and out of smelly places with low-light flashlights to evade rent-a-cops who will shoo him away. Most nights, his 14-year-old son comes along.
Dumpster diving has become such a prominent trend that even big television news networks are doing stories about it….
The truth is that dumpster diving is just another sign of the times.
Food prices continue to rise and this is putting incredible stress on the budgets of average American families. We just saw another huge rise in food prices during the month of August. Just check out the following data from a recent article posted on The Economic Policy Journal….
The index for finished consumer foods jumped 1.1 percent (13.2 percent annualized) in August, the third straight rise. Over thirty percent of the August advance can be traced to meat prices, which climbed 2.4 percent (28.8 percent annualized). Higher prices for processed poultry and eggs for fresh use also were major factors in the increase in the finished foods index.
If you are married and have a couple of children it can cost a lot of money to feed them every single month. It is not hard to understand the allure of dumpster diving for people that are having a hard time making ends meet.
Other Americans are choosing to dumpster dive because they believe that it helps them live a simpler lifestyle. There is a growing movement of people in America that are rejecting all of the “consumerism” that we see all around us.
Today, the average U.S. household has 13 different credit cards. We are constantly being bombarded with ads that tell us that we need more stuff in order to be happy.
Well, a lot of people have decided that is a lot of bunk and they are doing whatever they can to simplify.
Other dumpster divers are absolutely horrified by how much food is wasted in America.
It has been estimated that 263,013,699 pounds of food is thrown out in the United States every single day.
Can you imagine?
We are probably the most wasteful nation on the planet. With the number of hungry people in the world, it is absolutely criminal how much food that we waste.
So in that sense, it is probably a good thing that dumpster divers are saving some of that food from the landfills and are finding positive uses for it.
But what is going to happen when the economy gets even worse and we start seeing fights over the food that has been left in dumpsters?
In my recent special report about poverty in America, I noted that 46.2 million Americans are now living in poverty. For now, the U.S. government is helping feed over 45 million Americans through the food stamp program, but what is going to happen once the social safety net starts to break?
The number of good jobs in America continues to decline, and thousands more Americans fall into poverty every single day. Things have gotten so bad that other countries are actually making videos that make fun of our poverty.
This country is rapidly losing confidence in our leaders and hopelessness is spreading like wildfire. Today it was revealed that Barack Obama’s disapproval rating has now set a new high of 55%. Not only that, 62% of the American people disapprove of the way that he is handling the economy. It turns out that they don’t really think much of the Obama jobs plan after all.
Unfortunately, even though our economy is rapidly falling apart and most of our leaders are either deeply corrupt or completely incompetent, most Americans are still way too apathetic. If you can believe it, the American people spend a whopping 53 million minutes a month on Facebook.
Hopefully we can get more Americans to wake up. Hopefully we can get them to understand that they need to get active, that they need to prepare and that they need to get their priorities in order.
Right now, dumpster diving is cute and fun and an interesting way to save money, but in the future there will be millions of Americans digging around in trash cans if we don’t get this economy turned around.
This country is rapidly changing, and not for the better.
September 15, 2011
By: Steve Watson
Billionaire globalist George Soros says that the world will face a second Great Depression unless leaders in Europe come together in a closer political union to push through bold new policies, including the creation of a European Treasury.
“It appears the authorities have reached the end of the road with their policy of ‘kicking the can down the road’,” Soros writes in a piece for Reuters.
Soros argues that further integration in Europe is the only way to prevent catastrophic financial meltdown.
“There is no alternative but to give birth to the missing ingredient: a European treasury with the power to tax and therefore to borrow.” Soros writes.
“Once the principle of setting up a European Treasury is agreed upon, the European Council could authorize the ECB to step into the breach, indemnifying the ECB in advance against risks to its solvency,” the investor adds.
In other words “The European banking system would be recapitalized and put under European-, as distinct from national-, supervision” he writes.
Adding that such a move would require a new European Union treaty, Soros states “That is the only way to forestall a possible financial meltdown and another Great Depression.”
Soros warned Europeans in countries like Germany, that while they may be unhappy essentially underwriting debts for reckless Southern European countries, they basically have no choice anymore.
“The German public still thinks that it has a choice about whether to support the euro or to abandon it.” Soros writes, adding “That is a mistake.”
“The euro exists and the assets and liabilities of the financial system are so intermingled on the basis of a common currency that a breakdown of the euro would cause a meltdown beyond the capacity of the authorities to contain.” the article continues.
Asserting that prolonged recession with “incalculable political consequences” throughout the euro zone is already inevitable, Soros adds, “The longer it takes for the German public to realize this, the heavier the price they and the rest of the world will have to pay.”
Yesterday, the president of the European Commission, Jose Manuel Barroso echoed the same sentiments as Soros, insisting that the economic crisis has turned into a “fight for European integration,” and calling for ” a new, unifying impulse” and “a new federalist moment”.
“Economic and monetary union cannot function properly only on the basis of decisions taken by unanimity.” Barroso said, suggesting that the Commission and the EU should have full authority over the governments of member states to enforce rules via the EU “Community method”.
In Washington, IMF chief Christine Lagarde essentially reiterated these sentiments, urging advanced countries to take radical steps to combat weak economic growth and high debt burdens.
“Without collective, bold action, there is a real risk that the major economies slip back instead of moving forward,” she said in a speech ahead of the IMF and World Bank meetings of global financial leaders next week.
German Chancellor Angela Merkel continues to resist this brand of globalism, arguing that “collectivizing debts” would not do anything to solve economic problems.
“In order to bring about common interest rates, you need similar competitiveness levels, similar budget situations. You don’t get them by collectivizing debts,” Merkel said in a speech at the Frankfurt auto show today.
George Soros, along with the elite old guard in Europe, has been pushing the same agenda for some time now, calling for greater global financial regulation and further integration within the European Union.
On a speaking tour of Europe promoting the European Council on Foreign Relations last year, Soros told the elite Traveller’s Club. “The idea that markets can correct their excesses turned out to be false.”, adding that “The world does need order, and that order needs maintenance.”
Soros also spoke of a need for Europe to defend it’s single currency and re-order its financial structure “across borders”. He said the EU should be granted the power to “supervise and protect the banking system”, and “also to guarantee banks that become insolvent”
Close to eighteen months ago, at the height of the unprecedented €750bn EU bailout, we highlighted the fact that financial experts and economists were adamant that the rescue of the Euro represented another step on the road toward a monolithic globalist federal union, a mass centralization of power in Europe.
The sovereign nation state as viable economic entity is being jettisoned in favour of a vastly empowered European Central Bank and European Union.
Of course, this has been the idea all along, we were introduced to the problem, for the past three years we have witnessed a reaction of great destabilization and we are being presented with the same solution once again – more mass centralization in the name of stability – however, the stability is STILL no where to be seen.
For many years critics have warned that the EU has been slowly morphing into a federal superstate governed by unelected powerbrokers, who have increasingly sought to undermine the national sovereignty of member states.
What will the people of the member nations gain from this mass centralized union? They will simply see more of their earnings and their savings siphoned off to Brussels to prop up a failing paper currency they had never asked for in the first place. It will also mean their national vote counts for even less as unelected foreign bureaucrats are provided vastly more influence on the national economic policies of their governments.
This is a classic case of problem, reaction, solution – the very same European powerbrokers that brought us a major crisis, via enforced destabilizing monetary integration, are now offering up the final piece of the jigsaw, full integration as a means of stabilization.
September 15th, 2011
The Huffington Post
By: Christopher S. Rugaber
Consumers paid more for a range of goods and services last month, pushing up inflation and squeezing Americans’ purchasing power.
The Consumer Price Index rose 0.4 percent in August after jumping 0.5 percent in July. The core index, which excludes volatile food and energy prices, rose 0.2 percent.
For the 12 months that ended in August, the core index surged 2 percent, the biggest year-over-year increase in nearly three years. That’s at the high end of the Federal Reserve’s informal inflation target. It could limit the central bank’s ability to take further steps to try to revive the economy.
The Labor Department said food prices rose 0.5 percent, the biggest increase since March. That was due to higher prices for cereals and dairy products. Energy prices increased 1.2 percent.
Among the factors driving up the core index were rental costs. They rose 0.4 percent, the most in nearly three years. Many Americans have been renting rather than buying homes, pushing up rents.
Clothing costs rose 1.1 percent, extending a string of increases that stem partly from steep rises in cotton prices earlier this year. Airline fares rose 1.1 percent, the most since March.
Sharp price increases for gas and food have pushed up most measures of inflation this year. That has reduced consumers’ purchasing power, cut into their ability to spend on other items and weakened the economy. But the prices of many commodities have retreated since the summer. And many economists forecast that inflation will peak in the next few months.
Since August, gas prices have ticked up. The average nationwide price of gas was $3.63 a gallon Wednesday, according to AAA. That was about 4 cents higher than a month ago.
Some inflation can be healthy for the economy. That’s because it encourages people to spend and invest rather than sitting on their cash. More spending drives corporate growth, which makes businesses more likely to hire.
There are signs that core consumer prices could level off soon. Cotton prices have come down by nearly half from the spring, and clothing costs are expected to follow.
And new-car prices rose earlier this year because of supply shortages caused by Japan’s March 11 earthquake. The impact of that disruption is beginning to fade. New-car prices were unchanged in August for the second straight month.
Food prices are still rising. The Agriculture Department said Monday that unusually hot summer weather has damaged the corn harvest, which could raise prices for corn and ultimately most food products. That’s because corn is used in everything from cereals to animal feed to sodas. It takes about six months for changes in corn prices to filter down to grocery store shelves.
Fed Chairman Ben Bernanke acknowledged last week that rising commodity prices had pushed up inflation this year but said it was likely to moderate in coming months.
September 15th, 2011
By: Catherine New
You’ve seen the commercial: A 50-something couple sits side-by-side in matching bathtubs, watching a sunset together. The ad may be for Cialis, but the image strikes a familiar chord. Walking hand-in-hand through one’s golden years with a beloved companion is something most married people look forward to, at least in theory.
But sometimes, reality is far more bleak. Take Lee Block’s experience. One day in 2004, the stay-at-home-mom from Houston went grocery shopping with her two small children. She tried to write a check for her purchases, only to find out her joint checking account had been shut down by her husband, whom she was divorcing. Block, 44, learned the hard way about financial independence and being single again. Today, she’s a divorce coach. Her urgent advice for those who are going through a split: “Understand money when you are divorced. Know how much it costs to live, and understand how much you are going to need down to the penny.”
100 Million Singles Need to Plan for the Future
While getting back on your feet financially is an obvious part of resuming single life, one oft-overlooked aspect is planning for a solo retirement. A new study from Charles Schwab shows that 85% of married Americans have begun to save for retirement, but only 67% of singles are putting away funds for their later years. It’s not just the divorced who are failing to plan ahead: There is an increasing number of never-married Americans, and those who do marry are staying single longer beforehand.
For many older women, too, becoming single again is a natural outcome of longer lifespans. Women outlive men by seven years on average. All told, there are nearly 100 million single people in the United States, according to the latest Census Bureau figures.
Carrie Schwab-Pomerantz, senior vice president at Schwab, says that being married adds a level of accountability to retirement planning that single people don’t necessarily have. “Not having to answer to someone else gives you an illusion that time will keep ticking,” she says.
Another issue clouding retirement planning thanks to the advancing age of first marriages is the perception that retirement planning can wait until after the “I dos.” But nearly every financial planner agrees that the earlier retirement planning starts, the easier it is to build a substantial nest egg. “The longer you wait, the harder it is to catch up,” Schwab-Pomerantz says.
For all these reasons, it is vitally important that single people take control of their financial destinies as soon as they can, she says.
Don’t Let Divorce Derail Retirement Planning
When couples get divorced, money contributed to retirement accounts by either spouse during the marriage is considered a marital asset, and can be divvied up under a qualified domestic relations order. While that may provide some retirement security, Debra Fournier, a certified divorce financial analyst in Manasquan, N.J., says that it is crucial for singles to continue contributing to retirement on their own after a split.
“Pay yourself first,” she says. Adjusting to a new — usually lower — level of lifestyle is critical for the newly single, but Fournier says budget adjustments should never come at the expense of saving for retirement.
Schwab-Pomerantz agrees that retirement savings need to be the first allocation for money, especially if the single person has a matching 401(k) program. Secondly, she advises people to pay off high-interest debt like credit cards, and thirdly, create an emergency fund.
“As a single person, you don’t want to be in a position where you have to sell long-terms assets to pay for an emergency or get an emergency loan,” she says. “It is better to have some cash.”
Block, who coaches the newly single, says often she sees splits that end with nothing after child support, alimony and taxes. “If you come out and you have nothing, chances are there was nothing there to split or not enough to make a difference,” she says. For many women who were stay-at-home moms, that means heading back into the workforce and getting a job, ideally one with benefits. However, sometimes plain old income is the first step.
“I have clients that have gone out and waitressed to make sure they know their kids are going to be OK. You do what you have to do,” Block says. “Don’t get mired down in ‘why me.’ Step up and take the bull by the horns. The fact is, when you are divorced, you are responsible for everything.”
Five Retirement Planning Tips for Singles
1. Live below your means. Financial planner Fournier says the biggest mistake she sees among the newly divorced is the failure to adjust to a lower income. “Lifestyles change dramatically on both sides [in a divorce],” she says. “The expenses stay the same, but there is less income.” The challenges for many new singles are cost containment and not racking up credit card debt.
2. Save 10% to 25% of your income for retirement. Don’t underestimate the power of compound interest, nor the expenses you’ll have in retirement, says Carrie Schwab-Pomerantz. The earlier you start saving, the less you have to save from each paycheck over time. For singles in their 20s, she advises saving 10% of your income toward retirement; for 30-somethings, bump that up to 15%, and for 40s and beyond between 20% and 25%.
3. Maximize your company match and IRA contributions. Fournier says that many times in a divorce, people stop contributing to their 401(k) or IRA plans to increase cash flow. That’s a mistake: Make whatever budget cuts are necessary so that retirement is not compromised.
4. Get long-term care insurance. “It’s a comfort to have some kind of long-term care insurance and not have to rely on somebody else,” Fournier says. Cost of home care ranges from state to state, but the cost of living in a private nursing home in 2011 is more than $77,000 a year. Long-term care insurance can defray those costs.
5. Create an emergency savings cushion. A savings account that contains enough cash to cover three to six months of expenses can be the difference between having to sell assets under pressure and navigating an emergency with your financial plan intact.
September 15th, 2011
The Washington Post
By: Carol D. Leonning and Steven Mufson
A $38.6 billion loan guarantee program that the Obama administration promised would create or save 65,000 jobs has created just a few thousand jobs two years after it began, government records show.
The program — designed to jump-start the nation’s clean technology industry by giving energy companies access to low-cost, government-backed loans — has directly created 3,545 new, permanent jobs after giving out almost half the allocated amount, according to Energy Department tallies.
President Obama has made “green jobs” a showcase of his recovery plan, vowing to foster new jobs, new technologies and more competitive American industries. But the loan guarantee program came under scrutiny Wednesday from Republicans and Democrats at a House oversight committee hearing about the collapse of Solyndra, a solar-panel maker whose closure could leave taxpayers on the hook for as much as $527 million.
The GOP lawmakers accused the administration of rushing approval of a guarantee of the firm’s project and failing to adequately vet it. “My goodness. We should be reviewing every one of these loan guarantee” projects, said Rep. Marsha Blackburn (R-Tenn.).
Obama’s efforts to create green jobs are lagging behind expectations at a time of persistently high unemployment. Many economists say that because alternative-energy projects are so expensive and slow to ramp up, they are not the most efficient way to stimulate the economy.
“There are good reasons to create green jobs, but they have more to do with green than with jobs,” Princeton University economics professor and former Federal Reserve vice chairman Alan Blinder has said.
The loan guarantee program can also be unwieldy. It works like this: Companies negotiate with the Energy Department for a government loan guarantee, which means taxpayers will pay off bank loans if the project fails. Then the Office of Management and Budget must sign off on the guarantees, often changing terms.
The Energy Department says that the green-jobs program is still on track to meet its employment goals. It claims credit for saving 33,000 jobs at Ford Motor Co. — about half of the Detroit automaker’s entire hourly and salaried U.S. workforce. The department says the biggest of its loan guarantees, for $5.9 billion, protected the jobs at Ford by enabling the automaker to upgrade plants in five states to build more energy-efficient vehicles. The Energy Department said the loan would “convert” the Ford jobs to “green manufacturing jobs.”
Several economists said they doubt the loan program saved 33,000 jobs at Ford.
“I always take these job estimates with a big grain of salt,” Josh Lerner, a Harvard Business School professor who has written about failed government efforts to stimulate targeted industries, said in an e-mail. “There tends to be a lot of fuzzy math when it comes to calculating these benefits (regardless of the party taking credit for the program).”
A Ford spokeswoman said the loans helped “transform what were primarily truck/SUV plants into flexible manufacturing plants capable of building more fuel-efficient vehicles.” That flexibility is key to “helping retain the 33,000 jobs by ensuring our employees can build the fuel-efficient cars people want to drive,” said Meghan Keck, who handles government relations for Ford.
September 15th, 2011
By: Paul Joseph Watson
A new piece of legislation being backed by the National Association of Security Companies (NASCO) would encourage Americans to frivolously snitch on each other by providing legal protection for people who report “suspicious behavior” to the authorities.
“The National Association of Security Companies (NASCO) today endorsed the See Something, Say Something Act (H.R. 963), by Congressman Lamar Smith (R—21st District Texas), Chairman of the House Judiciary Committee, calling it sensible policy that expands protections against lawsuits for individuals who provide good faith reports of suspicious terrorist-related activity to an authorized official. The legislation will further encourage citizens to take an active role in reporting suspicious activity without fear of legal retribution,” reports PR Newswire.
The bill (PDF) seems designed to do little else than encourage Americans to frivolously report each other to the authorities for any reason. If someone was certain that they were witnessing suspicious behavior that was likely related to the commission of a terrorist attack, the knowledge that they would have legal protection for reporting the incident would be the last thing on their mind.
In addition, since the threat of being killed by terrorists is less common than being killed by accident-causing deer, intestinal illness or peanut allergies, the government’s aggressive promotion of the See Something, Say Something campaign has no basis in reality.
The campaign is designed to manufacture the myth that terrorists are everywhere and that any kind of mundane behavior could be characterized as suspicious. This is why the federal government constantly needs to reinforce the hoax through enlisting the general public as the eyes and ears of the Homeland Security surveillance state.
The law would provide immunity for anyone who reports “any suspicious transaction, activity, or occurrence indicating that an individual may be engaging, or preparing to engage, in a violation of law relating to an act of terrorism,” which judging by DHS standards and those set down by federal agencies and law enforcement bodies over the last decade, could be classified as almost any behavior whatsoever, including political activism, owning gold, being a Ron Paul supporter, or displaying a political bumper sticker.
So-called “suspicious behavior” as defined by the Department of Homeland Security includes talking to police officers, using cell phones and a myriad of other normal activities. Moreover, the DHS has gone to great lengths to portray white, middle class Americans as the primary terror threat.
By encouraging Americans to frivolously report anything as “suspicious behavior,” the federal government is mimicking the policy of some of the darkest dictatorships in history.
One common misconception about Nazi Germany was that the police state was solely a creation of the authorities and that the citizens were merely victims. On the contrary, Gestapo files show that 80% of all Gestapo investigations were started in response to information provided by denunciations by “ordinary” Germans.
“There were relatively few secret police, and most were just processing the information coming in. I had found a shocking fact. It wasn’t the secret police who were doing this wide-scale surveillance and hiding on every street corner. It was the ordinary German people who were informing on their neighbors,” wrote Robert Gellately of Florida State University.
Gellately discovered that the people who informed on their neighbors were motivated primarily by banal factors – “greed, jealousy, and petty differences,” and not by a genuine concern about crime or insecurity. This is precisely the kind of environment the ‘See Something, Say Something’ law, and the campaign itself, is designed to create.
September 15th, 2011
By: Paul Fassa
An old Ayurvedic (ancient Indian medicine) proverb says: “When diet is wrong, medicine is of no use; when diet is correct, medicine is of no need.” It’s tragically ironic that one of nature’s most medicinal foods is under attack – pure raw milk. But one of its most magical ingredients, lactoferrin, is now available in FDA approved supplement form.
Lactoferrin has its highest content in mother’s first milk from human breast feeding or colostrum (first milk) from cows. The cows need to be humanely raised and grass or alfalfa fed. Those cows should also be free from antibiotic and hormone injections.
The milk needs to be pure and clean, but not pasteurized. Heat destroys most of milk’s beneficial nutrients, enzymes, and microbes. Many health experts consider pasteurized milk toxic.
Lactoferrin remains in cow’s milk after the baby calf’s early nursing period, but in lower concentrations. Circa 1960, a method of extracting pure lactoferrin was created, and the studies began, which have led to finding a plethora of health benefits.
Thus a new supplement has been created and is available on line and in some health food stores. Lactoferrin supplements are even approved by the same FDA that attacks raw milk production and sales. Go figure.
So if obtaining colostrum or raw milk is prohibitive for financial or legal reasons, you can order lactoferrin contained in capsules from your favorite online supplement source, where better prices are available.
Here are seven reasons why you should consider this option.
(1) As “first milk” for human and bovine infants, lactoferrin confers increased immunity protection to support their not fully developed immune systems. It’s part of the cytokine family, providing an immune booster for anyone. Cytokines coordinate appropriate cellular chemical responses to pathogenic invasions or other unusual activity.
(2) Concentrated enough in one’s blood, lactoferrin is antiviral, antibacterial (to only the bad bacteria), and anti-fungal. It also kills parasites.
(3) Lactoferrin is able to crack the cell walls of bacteria with tough outer cell walls, which are able to evade some antibiotics. This could be helpful for someone who has a difficult bacterial infection and wishes to avoid long term antibiotic use.
(4) Lactoferrin slows or prevents tumor growth. It modulates cell growth.
(5) Lactoferrin speeds up recovery from diseases, especially infectious diseases.
(6) Lactoferrin is an antioxidant. It scavenges free radicals from iron while ensuring cells are getting sufficient iron nutrition.
(7) According to recent research, lactoferrin can prevent or reverse osteoporosis without the dangerous side effects of bisphosphonate drugs. There are many reports of bones breaking too easily after using Big Pharma’s bisphosphonate drugs for osteoporosis.
All of these benefits and more are without negative side effects. Beneficial bacteria are preserved and enhanced while destroying harmful bacteria. And the same supplement is also antiviral and antifungal.
It’s a concentrated immune enhancer. In today’s toxic world, lactoferrin goes a long way to help create and maintain good health. If you’re able to enjoy raw milk and especially colostrum, you now know more reasons why you’re better off than those who don’t have the right to do so.
And if you’re not in a raw milk loop, or if the FDA and USDA get their way eventually, at least we all know there is one option left: Lactoferrin supplements.