Are the US dollar and the Euro currencies like a post-dated cheque on a failing banks?
- The New World Order’s Money Scam (lewrockwell.com)
- Nixon, gold and oil (mining.com)
- Are Goldbugs Crazy? (fool.com)
- Central banks add to gold reserves (business.financialpost.com)
- Europe is committing economic suicide: Krugman (business.financialpost.com)
- 9 Implications of China Paying in Gold (wealthwire.com)
- It’s your gold stupid, that they are after !!! (winningtrades1.wordpress.com)
On Saturday, residents of five communities in cane toad-plagued northern Queensland state will grab their flashlights and fan out into the night to hunt down the hated animals as part of the inaugural “Toad Day Out” celebration. The toads will be brought to collection points the next morning to be weighed and killed, with some of the remains ground into fertilizer for sugarcane farmers at a local waste management plant. (via Toxic toads targeted in Australia’s ‘Toad Day Out’).
The same article points out, that these cane toads are no threat to human life – unless, “their poison is swallowed.” There is no data on how many human being lost their lives due to these these cane toads.
The role of SPCA was interesting!
The Royal Society for the Prevention of Cruelty to Animals has applauded the effort — with one caveat.
“We’re only supportive of the plan if the toads are killed humanely — in other words, they’re not hit with baseball bats or cricket bats and golf clubs,” said spokesman Michael Beatty.
Hundreds of participants in five communities across northern Queensland snacked on sausages, sipped cold drinks and picked up prizes as the portly pests were weighed, measured and killed in the state’s inaugural “Toad Day Out” celebration.
Environment, wildlife and the world …
In America, the bison in the wild has been wiped out. The South American caiman was nearly wiped out. Cougar, or otherwise called the Jaguar, is a rarity. There are no other big cats in the Americas. By the time of Julius Caesar, lions, tigers and elephants had become extinct in Rome, Greece, France.
The two popular theories trotted out by Western theoreticians is that all these were extinction-prone species or loss of habitat to human beings. India disproves both these theories. Especially, once you take Indian population density into account. India becomes a unique country with in terms of wildlife conservation.
Rest of the world
One Western ‘artist’, Damien Hirst, makes art from killing butterflies, cows – and other such animals. What kind of art is this?
Two Czech scientists were arrested in Darjeeling recently – accused by the Indian authorities, of smuggling butterflies. The Czechs claim they were scientists. Indian authorities claim that the hundreds of samples that they were collecting are part of an illegal trade ring.
The role of traditional Chinese Medicine in extinction of wildlife is well known. The Chinese think that civet cats have to be eaten (till they are available), tigers flesh and bones can cure them of impotency (and what will they do after tigers are extinct?). Of course, Rhino horn and the bile juice of wild bears are essential! What will the Chinese do after these animals become extinct in the next few decades? Japanese resistance to a ban on whaling is symptomatic of a similar insensitivity to other forms of life.
Wildlife in India
India is the only place in the world which can still boast of the Big 5 – Elephants, Rhino, Bison Tiger and Leopard – except Africa! And India has tigers, which Africa does not have.
India has the largest wild tiger population in the world. And it is not an accident. In 1973, a poor and hungry India, went ahead and launched Project Tiger. In 2004, there were 6000 tigers left in the world – and 3000 were in India. Poaching, driven by Chinese demand for tiger parts, used in Chinese medicine, is reducing tiger population India.
Elephants once roamed across China, the Mediterranean, the whole of West Asia and Africa. By 850 BC, West Asian elephants were extinct. By 300 BC, elephants in China had become rare. Again, outside, Africa, India has the largest Rhino population in the world. The biggest threat to rhinos in India is the use of rhino horn in Chinese concoctions to cure impotence and increase libido. Outside Africa, India has the largest leopard population of 14,000. The world population of leopards is estimated at 100,000. India has 80% of the Asian leopard population.
Conservation in India
In October 1998, nearly eight Indian film stars were accused of poaching. This entire prosecution incident was initiated by the Bishnoi community. The Bishnois have a long tradition of conservation activity. The Bishnois were at the forefront similarly in the prosecution of Mansur Ali Khan Pataudi, accused of poaching.
More than 50% of grain production in the US is fed to animals, which are in turn slaughtered and eaten. This grain production comes at an effectively, after significant usage of fertilisers, pesticides, fuel, industrial processing, irrigation, etc. The carbon overload would decrease if meat consumption in the US (and similar cultures) were to reduce – like in India.
The biggest bankruptcy in history might have been avoided if Wall Street had been prevented from practicing one of its darkest arts.
As Lehman Brothers Holdings Inc struggled to survive last year, as many as 32.8 million shares in the company were sold and not delivered to buyers on time as of September 11, according to data compiled by the Securities and Exchange Commission and Bloomberg. That was a more than 57-fold increase over the prior year’s peak of 567,518 failed trades on July 30.
The SEC has linked such so-called fails-to-deliver to naked short selling, a strategy that can be used to manipulate markets. A fail-to-deliver is a trade that doesn’t settle within three days.
“We had another word for this in Brooklyn,” said Harvey Pitt, a former SEC chairman. “The word was ‘fraud.’” (via Naked short sales hint fraud in bringing down Lehman).
This is very similar to Joseph Kennedy’s shorting the market before The Great Depression. It has always been a wonder to me how could Joseph Kennedy, a bootlegger and a friend of the mafiosi could become SEC Chairman? And after that did happen, would a Great Depression not follow?
It was always 2ndlook’s suspicion that Hank Paulson’s behaviour in the Lehman collapse is similar to Bootlegger Kennedy’s behaviour. And this now coming out all in the open!!
Currency specialist Avinash Persaud, a member of the panel of experts, told a Reuters Funds Summit in Luxembourg that the proposal was to create something like the old Ecu, or European currency unit, that was a hard-traded, weighted basket.
Persaud, chairman of consultants Intelligence Capital and a former currency chief at JPMorgan, said the recommendation would be one of a number delivered to the United Nations on March 25 by the U.N. Commission of Experts on International Financial Reform.
“It is a good moment to move to a shared reserve currency,” he said. (via U.N says world should ditch dollar – International Business Times).
What Has Been India Upto?
While the US has been resisting calls for action, busy doing post-mortem, Asia and Europe have been moving. Interestingly, Manmohan Singh has done some huge work in a crucial 60 days – the nuclear deal with the USA and NSG, the IBSA Summit, the ASEAN free trade agreement and his three Asian nation visits. India’s Trade and Commerce Minister, Kamal Nath, has been talking about a multi-lateral set up. The UN was made to issue a statement on this. Am I reading too much into this? At times, India has seemed clueless.
Avinash Persaud, ex-JP Morgan, at the UN panel of specialists was a master stroke. Mainline media has ignored this development.The 2ndlook proposal, on November 8th, 2008, for the Third Global Reserve Currency, named BRIX, based on first appearances, has a superstrate layer over the UN panel’s proposal.
What is the G20 upto
All G20 members were ‘invited’ to join another Western Club – the FSF. The Financial Stability Forum, another club, with the same G7 members. Just why does India join these rubber stamp bodies – and lend sanctity to the exploitative agenda of the sponsors. Does the world need another body, with the same Central Bank members, addressing the same monetary issues problems, with the same agenda?
At the sunset city of London, venue of the next G20 conference, Working Group 1, set up to suggest ways to enhance sound regulation and strengthen transparency, with a brief to
“monitor implementation of actions already identified … make further recommendations to strengthen international standards in the areas of accounting and disclosure, prudential oversight and risk management … develop policy recommendations to dampen cyclical forces in the financial system and to address issues around the scope and consistency of regulatory regimes.
Co-chaired by Rakesh Mohan, Deputy Governor of the Reserve Bank of India, and Tiff Macklem, Associate Deputy Minister, Canadian Ministry of Finance have readied their initial report – on predictable lines – as per the expected time lines.
Wishful thinking breaks against a brick wall of reality
Sooner rather than later, brothers!
Consistent with 2ndlook’s opinion, the Chinese and Russians have been found wanting. Niether have they the respect of the G7, which they so cravenly desire and dont get – and dont value the support and standing that they have in the Third World. Russia has a fond belief that they can float a new currency bloc – with the help of China.
The Russian industrial and corporate systems are on the verge of bankrupty. Russian industry with huge debts payable to Western banks in the next 12 months, have been unable to obtain refinancing of these debts. Russian foreign exchange reserves are down from nearly US$400 billion to US$275 billion.
The Chinese have been reduced to praying for a G20 success – so that their super-prime customer the US starts buying again. Never mind if the US does not pay their purchases. Russia has been threatening to launch a new Third Currency in collaboration with China. In the meantimes, ASEAN has created a emergency fund – like an Asian IMF.
Best of luck, Brother Putin & Tao.
The most dangerous of them all …
One supra-national currency. That seems like one bad dream. One global currency seems like the ultimate conspiracy theorist. Some 5000-10,000 people will control our lives. Of course, such ideas are injected into the discourse from countries like Russia.