This is a call for an immediate, thorough, and independent investigation of Tulane University researchers (see here and here) and their Fort Detrick associates in the US biowarfare research community, who have been operating in West Africa during the past several years.
What exactly have they been doing?
Exactly what diagnostic tests have they been performing on citizens of Sierra Leone?
Why do we have reports that the government of Sierra Leone has recently told Tulane researchers to stop this testing?
Have Tulane researchers and their associates attempted any experimental treatments (e.g., injecting monoclonal antibodies) using citizens of the region? If so, what adverse events have occurred?
The research program, occurring in Sierra Leone, the Republic of Guinea, and Liberia—said to be the epicenter of the 2014 Ebola outbreak—has the announced purpose, among others, of detecting the future use of fever-viruses as bioweapons.
Is this purely defensive research? Or as we have seen in the past, is this research being covertly used to develop offensive bioweapons?
For the last several years, researchers from Tulane University have been active in the African areas where Ebola is said to have broken out in 2014.
These researchers are working with other institutions, one of which is USAMRIID, the US Army Medical Research Institute of Infectious Diseases, a well-known center for biowar research, located at Fort Detrick, Maryland.
In Sierra Leone, the Tulane group has been researching new diagnostic tests for hemorrhagic fevers.
Note: Lassa Fever, Ebola, and other labels are applied to a spectrum of illness that result in hemorrhaging.
Tulane researchers have also been investigating the use of monoclonal antibodies as a treatment for these fevers—but not on-site in Africa, according to Tulane press releases….
In addition to an investigation of these matters, another probe needs to be launched into all vaccine campaigns in the Ebola Zone. For example. HPV vaccine programs have been ongoing. Vials of vaccine must be tested to discover ALL ingredients. Additionally, it’s well known that giving vaccines to people whose immune systems are already severely compromised is dangerous and deadly. …
Last week’s government guesstimate that second quarter 2014 real GDP growth will be 4% seems nonsensical on its face. There is no evidence of increases in real median family incomes or real consumer credit that would lift the economy from a first quarter decline to 4% growth in the second quarter.
Middle class store closings (Sears, Macy’s, J.C. Penney) have spread into the Dollar stores used by those with lower incomes. Family Dollar, a chain in the process of closing hundreds of stores is being bought by Dollar Tree, the only one of the three Dollar store chains that is not in trouble. Wal-Mart’s sales have declined for the past 5 quarters. Declining sales and retail store closings indicate shrinking consumer purchasing power. Retail facts do not support the claim of a 4% GDP growth rate for the second quarter, and they do not support last Friday’s payroll job claim of 26,700 new retail jobs in July.
What about the housing market?
Don’t the headlines accompanying last Friday’s payroll jobs report, such as “Hiring Settles Into Steady Gains,” mean more people working and a boost to the economy from a housing recovery? No. What the financial press did not report is that the US is in a structural jobs depression. In the 12-month period from July 2013 through July 2014, 2.3 million Americans of working age were added to the population. Of these 2.3 million only 330 thousand entered the labor force. My interpretation of this is that the job market is so poor that only 14% of the increase in the working age population entered the labor force.
The decline in the labor force participation rate is bad news for the housing market. The US labor force participation rate peaked at 67.3% in 2000 and has been in a sustained downturn ever since. The rate of decline increased in October 2008 with the bank bailout and Quantitative Easing. From October 2008 to the present, 13.2 million Americans were added to the working age population, but only 818 thousand, or 6%, entered the labor force. http://investmentresearchdynamics.com/americas-structural-job-depression-is-here-to-stay/ Despite government and financial press claims, the Federal Reserve’s multi-year policy of printing money with which to purchase bonds did not restore the housing or job markets.
What about the stock market?
It has been down in recent days but is still high historically. Isn’t the stock market evidence of a good economy? Not if stocks are up because corporations are buying back their own stock. Corporations are now the largest buyers of stocks. Recently we learned that from 2006 through 2013 corporations authorized $4.14 trillion in buybacks of their publicly traded stocks. Moreover, it appears that corporations have been borrowing the money from banks with which to buy back their stocks. Last year there were $754.8 billion in authorized stock buybacks and $782.5 billion in corporate borrowing. In the first three months of this year, companies purchased $160 billion of their own stocks. http://wallstreetonparade.com/2014/07/another-wall-street-inside-job-stock-buybacks-carried-out-in-dark-pools/
Borrowing to buyback stock leaves a company with debt but without new investment with which to produce revenues to service the debt. The massive stock buybacks demonstrate that American capitalism is now corrupt. In order to maximize personal short-term financial benefits flowing from bonuses, stock options, and capital gains, CEOs, boards of directors, and shareholders are decapitalizing public companies and loading them up with debt.
Well, isn’t the economy being helped by the return of manufacturing to America? Apparently not. Data for 1999-2012 indicate that the offshoring of manufacturing increased by 9%.
One economist, Susan Hester, an economist for the Retail Industry Leaders Association, has decided to turn the loss of manufacturing jobs into a virtue. Her argument is that retail employment dwarfs manufacturing employment and that more American jobs can be created by selling more imports than by encouraging manufacturing in order to provide exports.
According to Ms. Hester’s research, the US makes more money from the retail side than from the production side. She concludes that the value added to a product by offshore labor is a small percentage of the value added by “managing offshored production, handling Customs clearances, managing warehouses and distribution, marketing apparel products, and by millions of people in the retail sector stocking shelves and working cash registers.”
In other words, the US manufacturing jobs moved offshore are just a throwaway. The money is made in selling the imports.
Ms. Hester neglects to recognize that when offshored production is brought to the US to be marketed, it comes in as imports and results in a larger US trade deficit.
Foreigners use dollars paid to them for the products that they make for US firms to purchase ownership of US bonds, stocks, and real assets such as land, buildings, and companies. Consequently, interest, profits, capital gains, and rents associated with the foreign purchases of US assets now flow to foreigners and not to Americans. The current account worsens.
It works like this: The excess of US imports over US exports leaves foreigners with claims on US income and wealth that are settled by foreign purchases of US assets. The income produced by these assets now flows abroad with the consequence that income earned by foreigners on their US investments exceeds the income earned by the US on its foreign investments. …
In yet another example of the federal government’s war on self-sufficiency, the U.S. Department of Agriculture shut down a seed library in Pennsylvania, claiming that a system whereby residents could borrow heirloom seeds and then replace them at harvest time was a violation of the 2004 Seed Act, while a commissioner warned that such behavior could lead to “agri-terrorism.”
When the Cumberland County Library System set up the facility at Mechanicsburg’s Joseph T. Simpson Public Library back in April, they thought it would be a useful way for locals to borrow seeds and replace them at the end of the growing season, encouraging residents to learn more about growing their own food and acquiring key self-sufficiency skills.
Following in the footsteps of similar initiatives across the state, the library system was careful to check that they were doing everything by the book and not breaking any laws as well as meeting with the county extension office.
“The commissioners were equally flabbergasted by the change of events, as well as with how the agriculture department handled the investigation — sending a high-ranking official and lawyers to a meeting with the library,” reports the Cumberlink Sentinel.
Feds told the library system that they would have to test each individual seed packet in order for the facility to continue, an impossible task, which meant that the seed library was shut down.
Cumberland County Library System Executive Director Jonelle Darr was told that the USDA would, “continue to crack down on seed libraries that have established themselves in the state.”
Cumberland County Commissioner Barbara Cross applauded the USDA’s decision, warning that allowing residents to borrow seeds could have led to acts of “agri-terrorism.”
The library has abandoned the seed system and instead can only promote events where residents are encouraged to directly swap seeds with each other.
“Gosh, this makes me wonder when they are going to crack down on all of those GMO fields, with their grave concerns about cross-pollination,” writes Daisy Luther. “Look out, Monsanto…oh, wait. This only applies to regular people growing vegetables. GMOs aren’t considered an invasive species.” …