Re-post from December 24, 2008.
Category: Video Page 4 of 15
I only heard about this yesterday, but the news apparently broke in May of this year, as I understand it. Terrible story. For the sake of a Euro, the company, Trafigura (or rather another company they hired allegedly), illegally dumped toxic wastes in the Ivory Coast city of Aberjian that has affected more than 100,000 people.
Equally as nauseating is the fact that by secret injunction (that has since been leaked), the UK government censored the media from reporting on it by implementing a gag order enforceable by law. Check out this Wikileaks link: http://wikileaks.org/wiki/Minton.
Two kinds of economists exist in the world: those who know first-hand the inner-workings of the economy and those who theorize about how they think it should work and implement policies that have the opposite effect intended. That is the story of the difference between the Austrian school of economics and Keynesianism. One view is real-world, the other is from an alternate universe (yeah, okay, that was a strawman :] ).
Bottomline: we are going to have to get back to producing and saving in this country and move away from consuming and spending (particularly money we don’t have) before things get better. It could be a long slog ahead.
I’m not a big Glenn Beck fan, not so much because of the content (since I too am puzzled by many of the same things presented in his recent “questioning” series), but rather I’m not a fan because of the entertainment/drama meets news thing. Regardless, this was worth posting.
Blog from the Herald Sun in Australia:
“Sure, this talk of the warmists at Copenhagen planning a new ‘world government’ is crazy. I just wish the warmists wouldn’t talk of it themselves. Take the new and first president of the European Union, Herman Van Rompuy:
The Climate Conference in Copenhagen is another step forward towards the ‘global management of our planet…'”